Cryptocurrency

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<div class="finbold"> 
 <p class="paragraph">Radix Publishing, the creator of the decentralized ledger platform, has announced the successful conclusion of its much-awaited Babylon mainnet update.&nbsp;</p> 
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 <p class="paragraph">The Babylon update signifies the conclusion of the Olympia period and has been commended by Radix (XRD) as a pivotal milestone with transformative implications for Web3 and the broader DeFi landscape, as per the latest information shared with Finbold on September 28.</p> 
 <p class="paragraph">To implement Scrypto-based smart contracts and a plethora of new technologies and services, including the Radix Mobile Wallet, the Radix Network underwent what has been called a “substantial update” with the Babylon mainnet <a rel="noopener noreferrer nofollow" title="upgrade" href="https://thebittimes.com/tag/upgrade.html">upgrade</a>.</p> 
 <p class="paragraph">CEO of RDX Works, Piers Ridyard, stated:</p> 
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  <p class="paragraph">“With the Radix Babylon Upgrade complete, the Full Stack for DeFi has come together for the first time, ushering in a new beginning for both existing users, as well as those who were hesitant to embrace DeFi and Web3. A new ecosystem awaits – an ecosystem where builders can intuitively build and launch powerful and secure dApps, and where our friends, family, and colleagues can confidently use them.”</p> 
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 <h2 class="wp-block-heading" id="h-babylon-upgrade-s-5-new-products">Babylon upgrade’s 5 new products</h2> 
 <p class="paragraph">The Radix Mobile Wallet is one of the five new products introduced with the Babylon update. It is a safe and convenient method to store and manage digital assets like tokens and NFTs on Radix. Using the Radix browser extension, users may establish a safe peer-to-peer connection between their Radix Wallet and dApps running on desktop browsers.&nbsp;</p> 
 <p class="paragraph">The Radix Dashboard is a comprehensive tool designed to explore the Radix Network. It offers various functionalities such as staking, unstaking, and claiming XRD from validators. Additionally, the Developer Console is provided to assist <a rel="noopener noreferrer nofollow" title="developer" href="https://thebittimes.com/tag/developer.html">developer</a>s in deploying packages to the network. This facilitates the seamless integration of new software components.</p> 
 <p class="paragraph">&nbsp;Finally, the dApp Sandbox is a <a rel="noopener noreferrer nofollow" title="developer" href="https://thebittimes.com/tag/developer.html">developer</a> tool designed to facilitate experimentation with the various types of queries that a dApp frontend might initiate towards the Radix Wallet. It enables <a rel="noopener noreferrer nofollow" title="developer" href="https://thebittimes.com/tag/developer.html">developer</a>s to see the outcomes inside the wallet and the formatting of the corresponding responses.</p> 
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/radix-babylon-upgrade-enters-new-age-for-web3-user-and-developer-experience-tbt64369.html">https://thebittimes.com/radix-babylon-upgrade-enters-new-age-for-web3-user-and-developer-experience-tbt64369.html</a></p>

Radix Babylon upgrade enters new age for Web3 user and developer experience

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