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The self-styled "asset-oriented DeFi" platform Radix has hit another key milestone on its roadmap with the launch of its Babylon Alphanet test network, which has gone live today.
The first major update to the existing Radix Public Network that launched in December last year, Radix's Babylon Alphanet introduces the project's application development environment Radix Engine, which is said to be the world's first programmable DeFi engine. Also new is Scrypto, the first asset-oriented programming language for smart contacts. There are plenty of other new capabilities too, including a new, asset-oriented transaction model and changes in how wallets interact with the Radix network.
The introduction of Radix Engine is a long-awaited development as it will finally give developers the tools they need to get building on Radix. The key promise of Radix is "radically different DeFi", as it's...
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