Radiant

Radiant (RXD) is a digital asset system designed to overcome the high costs, instability, and limited scaling associated with existing blockchains. The system is built on a Unspent Transaction Output (UTXO) base with account emulation, which aims to facilitate massive scalability and low transaction fees. Radiant also features a unique proof-of-work consensus algorithm that uses SHA512, which is intended to work efficiently with GPU, FPGA, and ASICs​.

Radiant's native token, RXD, is utilized within the network as a means of paying transaction fees to miners for processing transfers and for the execution of smart contracts. Each RXD can be divided into 8 decimal places, with the smallest indivisible unit referred to as a 'photon'. The total supply of RXD is predetermined at 21 billion, with a block emission of 50,000 RXD and a halvening time of 2 years.

The Radiant network and its RXD token are designed to enable the creation and exchange of a variety of digital assets, including auctions, games, tokens, apps, and NFTs. The network supports ultra-flexible Turing Complete smart contracts, allowing users to bring their digital creations to life and monetize them through the peer-to-peer network.

The RXD token, in particular, is used to pay for transaction fees within the network. Importantly, the token is not intended as an investment, but as a utility to facilitate transactions and smart contract executions on the Radiant network.