---
title: "Giles Morris"
url: "https://radix.wiki/community/gilesmorris-me"
version: "1.4.0"
updated: 2026-08-15
last_verified: 2026-08-15
license: CC-BY-4.0
license_url: "https://creativecommons.org/licenses/by/4.0/"
---

# Giles Morris

| Giles Morris |  |
| --- | --- |
| Type | Community member |
| Known for | Radix network economics modelling; Radix Accountability Council nominee |
| Website | [gilesmorris.me](https://gilesmorris.me) |
| X | [@gilesmorris](https://x.com/gilesmorris) |

**Giles Morris** is a member of the [Radix](/ecosystem) community who participates in the network's governance and writes about the ecosystem on a personal blog, where he also publishes financial modelling of the network's economics.

## Radix Accountability Council

Morris was named among the nominees for the [Radix Accountability Council](/ecosystem/radix-accountability-council) (RAC) in the official [consultation to establish the council](https://www.radixdlt.com/blog/consultation-establishing-the-radix-accountability-council-rac). The RAC is a five-member, community-elected body – chosen by XRD holders through approval voting – that guides the transition from the [Radix Foundation to the Radix DLT DAO](/contents/tech/core-concepts/radix-governance), executing decisions made through on-ledger community consultations. Morris stood as a nominee rather than a seated member: the five founding seats went to other candidates, and the council's current membership is recorded on the [RAC page](/ecosystem/radix-accountability-council).

## Writing

He publishes a personal blog at [gilesmorris.me](https://gilesmorris.me), running since 2022 across health, society, markets and paragliding, with the Radix material collected under its [Crypto$](https://gilesmorris.me/my-blog/category/economics/crypto/) category. His posts include first-hand accounts of using Radix DeFi, such as a walkthrough of his [first decentralized-exchange swap](https://gilesmorris.me/my-blog/my-first-dex-swap%f0%9f%92%b0/) on the network in October 2024.

### Can an accounting dApp run on-ledger?

In April 2025 he put his own profession to the network in [a two-part post](https://gilesmorris.me/my-blog/is-a-full-stack-accounting-dapp-using-blockchain-even-possible-%f0%9f%93%96/) asking whether double-entry bookkeeping – where every transaction is already two ledger entries – could be built as a full-stack [Scrypto](/contents/tech/core-protocols/scrypto-programming-language) dApp. The obstacle he had hit on earlier chains was per-entry [transaction fees](/developers/transactions/03-transaction-fees), which had pushed him toward feeless designs; his argument for trying again was that a business already pays an annual licence for the accounting package the dApp would replace, so the fees are a substitution rather than a new cost.

The [second part](https://gilesmorris.me/my-blog/is-a-full-stack-accounting-dapp-using-blockchain-even-possible-%f0%9f%93%96-part-2/), published the next day, answers "yes, probably, but it will be very difficult to build" and shelves the project. Two problems are named concretely: multi-user access with per-account read/write permissions, expressible through [roles, rules and badges](/contents/tech/core-concepts/badges) but with as many permutations as the relational design it would replace; and the modelling question of how to represent a ledger in [resources](/contents/tech/core-concepts/resources) at all – whether account types become separate fungible tokens or non-fungible types, and whether a debit or credit is a mint-and-burn or a balance transfer. No follow-up has been published since.

## Radix network economics model

In July 2026 Morris, a former accountant, published [a budget model for the Radix network](https://gilesmorris.me/my-blog/radix-midao-budgeting/) covering 2026–2030. It asks one question about the [transition from the Radix Foundation to a community-governed DAO](/contents/tech/core-concepts/radix-governance): assuming the [Foundation](/ecosystem/radix-foundation) treasury is zero, are [XRD emissions](/contents/tech/core-concepts/network-emissions) on their own enough to cover the real US-dollar cost of running and developing the network. Rather than model [validators](/contents/tech/core-concepts/validator-nodes) and holders separately, it treats them as a single stakeholder group whose rewards have to clear those costs. After varying the assumptions his answer is ["probably, yes"](https://gilesmorris.me/my-blog/radix-midao-budgeting/).

The model is published in full rather than summarised – as a [Google Sheet](https://docs.google.com/spreadsheets/d/13OWtuGDAWyadAFmYtYrGxOBrHd1diYJJ/edit) and a [downloadable spreadsheet](https://gilesmorris.me/wp-content/uploads/2026/07/radix-1.xlsx) – so its assumptions can be changed and the forecast re-run. It arrives while the same question is live in governance: the [validator subsidy is being sunset](/contents/history/validator-subsidy-sunset), and who pays for network operations after the Foundation is an open item rather than a settled one.

The two posts are the same question asked at two scales, fifteen months apart: in 2025 whether Radix can carry a business's books, and in 2026 whether [emissions](/contents/tech/core-concepts/network-emissions) can carry the network's own.

## External links

- [gilesmorris.me](https://gilesmorris.me)
- [X – @gilesmorris](https://x.com/gilesmorris)
- [Radix Accountability Council consultation](https://www.radixdlt.com/blog/consultation-establishing-the-radix-accountability-council-rac)
- [Radix MIDAO Budgeting – three-year network budget model (July 2026)](https://gilesmorris.me/my-blog/radix-midao-budgeting/)
- [Is a full stack accounting dapp using blockchain even possible? – parts 1 and 2 (April 2025)](https://gilesmorris.me/my-blog/is-a-full-stack-accounting-dapp-using-blockchain-even-possible-%f0%9f%93%96/)