To answer your question, I think #Radix is still very experimental. The vision will only be realized with the release of Xi’an which doesn’t have an official timeline yet and is probably a few years away. Also, transactions finality will be more around 10 seconds with Xi’an which is less than some other protocols and may be a hurdle for some use cases such as in-person daily payments. Another unknown is how well Radix will be able to incentivize a large set of validators while keeping them very decentralized. Is it going to be easy enough for non-professional to run a validator? I think the team and roadmap is solid but at this point the success of the project is still speculative. They will certainly encounter some roadblocks along the way.
Discussion
Currently xi’an is expected in 2024, but honestly who knows. Given the issues in the Babylon release, faith in the team is questionable.
Radix attempts to use dPOS, which will only result in decentralization if users choose to stake across multiple validators. So it’s still left to be seen how it will work out.
Great tech - but has its own set of issues like the rest of them.
I agree. I haven’t followed the issues with Babylon but I saw that the release date was pushed back to September... I remembered when Vitalik was expecting to implement PoS in the early days. It took something like 5 more years to actually see the light. So I would be surprised if we see Xi’an being released as early as 2024.