Olympia [ /oʊˈlɪmpiə/ ] was was the initial release of the Radix Public Network and introduced the core node software, desktop wallet, staking, the Radix Explorer, and the native $XRD token. Olympia did not employ the Radix Engine as a runtime environment for decentralized applications.
- Etymology
- Release Components
- Radix Node software
- The Radix Engine
- RADIX token - $XRD
- Simple Token Creation
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DEVELOPMENT | |
Launch Date | 2021-07-28 |
Antecedent | eMunie |
Postcedent | Alexandria (Developer Environment) |
Code Repository | Github 🔗 |
License | Radix License, v1 |
LEDGER | |
State Model | Sharded |
Shard Groups | 1 |
Sybil Protection | Delegated Proof of Stake |
Consensus Protocol | Hotstuff |
Execution Environment | Radix Engine v1 |
Validator Node Cap | 100 |
Etymology
All Radix public releases are related to the Seven Wonders of the Ancient World. Olympia was the location of the Statue of Zeus.
Release Components
The Olympia release provided the core components of the Radix ecosystem, which continued to expand with future releases. Key components included:
Radix Node software
Implemented the core Radix protocol, including Radix Engine v1 and unsharded Cerberus consensus.
The Radix Engine
The first version of Radix's replacement for the Ethereum Virtual Machine, designed to eventually run full DeFi applications.
RADIX token - $XRD
The native $XRD token, used for staking, network security, and transaction fees.
Simple Token Creation
Allowed new tokens to be created, named, minted, burned, and transacted via the JSON-RPC Radix Node API.