Radworks is a decentralised code collaboration network built on open protocols. It enables developers to collaborate on code securely without relying on trusted intermediaries. The project aims to provide resilient infrastructure for open-source communities.
Radworks operates on the Ethereum blockchain using blockchain technology but does not rely on traditional mining mechanisms like Proof of Work or Proof of Stake. Instead, it uses on-chain governance mechanisms through Compound-Governor, with RAD token holders actively participating in decision-making. Smart contracts facilitate governance and treasury management within the network.
Radworks can be applicable in various scenarios, including:
Radicle, Drips, and RSN are examples of applications developed on Radworks, used across industries like software development, open-source software, and Web3.
Radworks was founded to create a censorship-resistant environment for open-source software development. Significant milestones include the release of Radicle governance token (RAD), integration with Ethereum, launch of Radicle 1.0, and increased staking rewards. The governance module in Radworks is a fork of Compound's, chosen for its proven reliability. Over time, Radworks evolved to encompass a full-fledged network with Ethereum integration and a strong governance model, differentiating itself in the cryptocurrency community.
The Radworks price is $2.0418 AUD, representing a +8.79% from the day prior.
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The trading volume of Radworks (RAD) is $30.5M AUD in the last 24hrs, representing a +8.79% from the day prior.
Radworks (RAD) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
The current market cap of Radworks (RAD) is $102.5M AUD.
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The current circulating supply of Radworks (RAD) is 49.8M.
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