Post
Topic
Board Announcements (Altcoins)
Re: [RADS] Radium - Bringing Advanced Utility to the Blockchain
by
dollabillzbro
on 16/08/2017, 20:25:33 UTC
Guys, what is the specific of this coin? Why I need to buy it as many legendary members call?
What are the best features and how it could be applied?
Overview: Radium is a verification software and protocol that allows businesses and the like to ensure the validity of any transaction, file, etc .

According to Justin Jacobeen, founder of Radium, “The idea behind Radium is that everyone uses blockchains mostly for financial transactions, that is what Bitcoin is based on, that is what I would say 90% of what other coins do. But the very core of how a blockchain works, financial transactions are just information, just data, and what Radium figured is, why don’t we look at putting some other stuff into the blockchain? It doesn’t have to be a financial transaction. Why don’t we put other information, say the identity of another individual?Or why don’t we put in the information regarding like say the Hash of a file? Everyone is pretty familiar with how blockchains and financial records work. You send some Bitcoin , its incredibly hard to change that record in the blockchain because of either the proof of work requirement or the proof of stake requirement. But not we have leveraged that same security, and added that to an identity. So that if you were to receive a file, or something, you could look up that identity in the blockchain and have the same sort of confidence, that the information you are looking at, is valid, that you would as though you were looking at a Bitcoin or some other financial based transaction.”
Radium currently offers two products: SmartChain Verify and Radium Core

But WHY would you put extra stuff in block chain ?

Why would you put identity when people want more privacy ?

NXT already has messaging service when you send coins. I believe there are others out there that have this feature.

I been reading about this coin but I couldn't figure out why is it special ?

I did not go through 700 coins to have experience and knowledge about what is out there but I been educating myself on functionalities of most popular ones in top 100.