Radix Publishing Celebrates Successful Completion of Babylon Mainnet Upgrade
Radix Publishing, a decentralized ledger platform, is celebrating the successful completion of its highly anticipated Babylon mainnet upgrade. This upgrade marks the end of the Olympia era and is seen as a significant moment for Web3 and the broader DeFi space.
The Babylon upgrade is described as a “substantial update” to the Radix Network mainnet, enabling the deployment of Scrypto-based smart contracts and introducing various new technologies and features, including the Radix Mobile Wallet.
Piers Ridyard, CEO of RDX Works, expressed excitement about the upgrade, stating that it brings together the full stack for DeFi for the first time. He believes it will create an ecosystem where builders can easily develop and launch powerful and secure dApps, while users can confidently use them.
Key Features of the Babylon Upgrade
The Babylon upgrade introduces several refinements and new products to the Radix Network:
- The Radix Mobile Wallet: A secure way to manage accounts and hold assets like tokens or NFTs on Radix.
- The Radix Connect: Allows users to connect their Radix Wallet to dApps on desktop browsers using a secure peer-to-peer connection with the Radix browser extension.
- The Radix Dashboard: A comprehensive explorer for the Radix Network with functionalities for staking, unstaking, and claiming XRD from validators.
- The Developer Console: Provides useful functionalities for developers to deploy packages to the network, streamlining integration of new software components.
- The dApp Sandbox: A developer tool that enables easy experimentation with different requests a dApp frontend can make to the Radix Wallet.
Enhanced User Experience for Web3 Developers
The arrival of the Babylon mainnet upgrade is expected to enhance the user experience for web3 developers. Many developers have already familiarized themselves with these features through the Betanet and RCnet testnets. Babylon aims to create an open and self-incentivizing DeFi dApp ecosystem where developers can build and deploy impactful decentralized applications at scale.
About Radix
Radix is a full-stack, layer-1 smart contract platform that offers a superior experience for both users and developers. It enables users to confidently engage with Web3 and DeFi to manage their assets and identities, while providing developers with Scrypto and Radix Engine for intuitive development of production-ready dApps.
For more information, please visit: https://radixdlt.com and https://www.radixdlt.com/full-stack/
Radix Publishing is responsible for code security and the publication of code associated with the Radix platform.
Contact
Avishay Litani
Hot Take: The Babylon Upgrade Marks a Major Milestone for Radix Publishing
The successful completion of the Babylon mainnet upgrade by Radix Publishing represents a significant milestone for the company. This update brings together various new technologies and features, creating an ecosystem where builders can develop powerful and secure dApps, while users can confidently use them. With the introduction of the Radix Mobile Wallet and other refinements, the user experience for web3 developers is expected to greatly improve. The Babylon upgrade positions Radix as a full-stack, layer-1 smart contract platform that offers enhanced capabilities for both users and developers. It will be exciting to see how this upgrade further contributes to the growth of the Web3 and DeFi space.