Key takeaways
- Radix’s Babylon mainnet upgrade introduces user-friendly features like the Radix Mobile Wallet app and Radix Connect for a seamless and secure Web3 experience.
- Developers benefit from the upgrade with the Scrypto programming language, making secure DeFi development more intuitive and efficient.
- The Radix ecosystem aims to make Web3 and DeFi accessible to a broader audience, simplifying crypto asset management and dApp creation.
The world of Web3 and decentralized finance (DeFi) recently reached an exciting milestone. Radix Publishing successfully completed its long-awaited Babylon mainnet upgrade, marking the end of the Olympia era and the beginning of a new chapter for the Radix Network. This substantial update enables game-changing new features and technologies that promise to revolutionize the user and developer experience in the crypto space.
For users: Intuitive, secure Web3 experiences
One of the most anticipated features launching with Babylon is the Radix Mobile Wallet app. This provides an intuitive way for users to manage crypto assets and identities on their mobile devices. No more worrying about losing seed phrases or accidentally approving scam transactions. The Radix Wallet uses groundbreaking innovations like decentralized account recovery and human-readable transaction previews to make Web3 interactions seamless and secure.
Users can also link their Radix Wallet to dApps on desktop browsers using Radix Connect and the Radix browser extension. This facilitates a smooth cross-device experience so users can leverage the convenience of mobile with the power of desktop. For exploring the Radix ecosystem, the new Radix Dashboard offers robust network analytics and staking functionalities.
Overall, these new products make managing crypto assets as easy as using any app on your phone. They open up Web3 and DeFi to a much wider audience beyond today’s early adopters. Friends and family who found existing solutions too complex can finally use decentralized apps with total confidence.
For developers: Intuitive, secure dApp creation
On the developer side, Babylon represents a huge leap forward in smart contract coding. It enables the mainnet deployment of dApps built with Scrypto, Radix’s purpose-built programming language. Scrypto uses an asset-oriented paradigm that makes secure DeFi development more intuitive than ever before.
Creators can seamlessly turn ideas into production-ready dApps that users will love. Features like the on-ledger package catalog and royalties system further streamline the development process. And leveraging the Radix Engine v2 unlocks “security by default” as the platform handles vulnerability protections behind the scenes.
Just as game engines revolutionized gaming by handling render engines so developers could focus on gameplay, Scrypto and Radix Engine handle the heavy lifting of asset logic so builders can deliver the best dApp features and user experiences.
“The Full Stack for DeFi has come together, ushering in a new beginning. A new ecosystem awaits where builders can intuitively create powerful and secure dApps, and where anyone can confidently use them.”
—Piers Ridyard, CEO of Radix parent company RDX Works.