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Radix is a decentralised ledger technology platform built specifically for new financial apps. Unlike the existing blockchains where DApps are built as layer 2 solutions, the Radix protocol allows to create layer 1 DeFi applications
The brainchild of Turing Award-winning cryptographer Silvio Micali, Algorand is the world's first open source, permissionless, pure proof-of-stake blockchain protocol for the next generation of financial products