#CryptoListingFestival Day 7 | Request, Ren, & Radicle

INTRODUCTION

With the year 2022 coming to an end, CoinDCX has come up with an exciting week full of surprises! Starting from December 9, 2022, to December 15, 2022, we have been listing 3 new tokens every day!

A total of 21 tokens is going live on your beloved CoinDCX App starting this week! Continuing from the coin listed yesterday, here are the 3 new coin listings for today!

Read more: Crypto Listing Festival Day 6

Request

The payment mode has been evolving with new features embracing and simplifying the network within a secured environment. Cryptos, now have been widely used as a mode of payment by financial giants, surfacing the inefficiency of traditional financial platforms. Request token is such a network that clubs all the transactions in one place. It is a decentralized platform that facilitates the creation, sharing, and fulfillment of payment requests. 

The network simply takes up a Web 2 payment platform that is widely used around the world, fuels it with the Web 3 infrastructure, and applies it within the crypto space.

Unique Features Of Request:

• Request protocols are push-generated instead of pull-generated which is one of the key advantages of the network.
• The network leverages decentralized blockchains like Ethereum and IPFS (Inter-Planetary File System) for enhanced security and privacy.
• The token allows the network to operate on multiple blockchains simultaneously or its own chain.

Read more: What is Request Network? 

Ren

REN is an open source protocol built to expand interoperability and liquidity between different blockchain platforms. It takes the blockchain’s native format and then moves on to convert it to the format needed by its destination chain. This approach of REN applies to almost any digital asset available along with the smart contracting platforms.

In technical terms, RenVM is a byzantine fault-tolerant protocol that does ECDSA threshold key generation and signing via sMPC.

Unique Features Of Ren:

• It is designed to overcome the barriers that exist for the entry and exploration of investment options for DeFi projects.
• The REN token is used as a bond to run a node; known as Darknodes, which powers the sMPC network called RenVM.
• As it enables universal interoperability between blockchains; one can easily use RenVM to send any asset to any application on any chain in any quantity.

Radicle

Radicle (RAD) is an open-source protocol that enables decentralized and peer-to-peer developer collaboration. Developers can work together to code and create DApps on it, similar to platforms like GitHub and GitLab. The Radicle Link helps in retaining the efficiency of Git while offering global decentralized data repository storage through its peer-to-peer networking layer.

Unique Features Of Radicle:

• It offers a global and permissionless network that does not rely on third parties and has no centralized point of failure.
• Besides existing on top of Ethereum, it also boasts several features that further Radicle’s goal of decentralized software collaboration.

CONCLUSION

The CoinDCX Listing Festival went live on 9 December but don’t be disheartened! You’ve still got time to participate in this and win token rewards! The #CoinDCXListingFestival will continue till IST 11.59 PM on 15th December 2022.

Follow our official Twitter & Instagram channels closely to find and participate in our activities, every day, and win the rewards by simply following the rules of the Contest – Like, Retweet, Comment using #CoinDCXListingFestival and tag two friends on the Contest posts mentioned on our page.

50 Winners will stand a  chance to win token rewards worth INR 700 each!

For more details, click here.