{"id":2374,"date":"2023-08-21T21:00:16","date_gmt":"2023-08-21T21:00:16","guid":{"rendered":"https:\/\/coinengineer.io\/blog\/?p=2374"},"modified":"2023-08-26T15:13:17","modified_gmt":"2023-08-26T15:13:17","slug":"what-is-radicle-token","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/what-is-radicle-token\/","title":{"rendered":"What Is Radicle Token?"},"content":{"rendered":"<p>Radicle token is a piece of the Radicle Network. The network is a decentralized area, that develops for computer engineers, working peer-to-peer (P2P), and it is providing an opportunity for collaboration.<\/p>\n<p><!--more--> The network is working with DAG (<strong>Directed Acyclic Graphic<\/strong>). In addition, it uses Ethereum Virtual Machine, at the same time, it is built on the Ethereum Network. Radicle was started developing in 2018 by Alexis Sellier and Eleftherios Diakomichalis. The project&#8217;s native token is named <strong>RAD Token<\/strong>. The token has ERC-20 standards.<\/p>\n<blockquote><p><strong>You might also like: <\/strong><a href=\"https:\/\/coinengineer.net\/blog\/crypto-users-need-to-know-the-erc20-standard\/\" target=\"_blank\" rel=\"noopener\">Crypto Users Need to Know: The ERC20 Standard<\/a><\/p><\/blockquote>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinengineer.net\/blog\/what-is-radicle-token\/#How_Does_Radicle_Work\" title=\"How Does Radicle Work?\">How Does Radicle Work?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinengineer.net\/blog\/what-is-radicle-token\/#Radicles_Communication_Technology_and_Script_Storage\" title=\"Radicle&#8217;s Communication Technology and Script Storage\">Radicle&#8217;s Communication Technology and Script Storage<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/coinengineer.net\/blog\/what-is-radicle-token\/#What_Is_Radicle_Link\" title=\"What Is Radicle Link?\">What Is Radicle Link?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/coinengineer.net\/blog\/what-is-radicle-token\/#Radicle_CLI\" title=\"Radicle CLI\">Radicle CLI<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/coinengineer.net\/blog\/what-is-radicle-token\/#Radicle_Tokenomics\" title=\"Radicle Tokenomics\">Radicle Tokenomics<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"How_Does_Radicle_Work\"><\/span><strong>How Does Radicle Work?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The protocol focused on script storage, copying, and verifying. Radicle is presenting a warranty for access to script copies, doesn&#8217;t matter how much copy count the network has them. At the center of the protocol, there are available nodes which define by mutual keys and direction tables that increase pool counts. Radicle&#8217;s main purpose and mission is to provide data flow on the blockchain network.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Radicles_Communication_Technology_and_Script_Storage\"><\/span>Radicle&#8217;s Communication Technology and Script Storage<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>In the early phases, Radicle is built using <strong>IPFS (Interplanetary File System).<\/strong> After this, the team changed it. They started using Git instead of IPFS. According to their thoughts, IPFS is not enough for the project mission. Right now Radicle is using Git as a database.\u00a0The database is kept on Git with <strong>public key encrypting (PKC).\u00a0<\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Is_Radicle_Link\"><\/span><strong>What Is Radicle Link?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Radicle Link is a tool that developers can keep and share their own data on their own devices. In this case, co-workers or other team members can communicate and send\/receive data using blockchain technology. Additionally, they can change the information using PKC. That&#8217;s why every Radicle Link user must use a Git-based script pool. The protocol can occur backups for users. After that, the users can share information and data from these pools using the P2P method.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/coinmuhendisi.com\/blog\/wp-content\/uploads\/2023\/05\/Radicle-Rad-1024x542.jpg\" alt=\"Radicle RAD\" \/><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Radicle_CLI\"><\/span>Radicle CLI<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Radicle CLI is a command line interface that is created for the protocol. The interface is providing an opportunity for controlling and managing identical credentials that belong to users. They can copy other scripts or projects and send them as their own. Simultaneously, they can manage the network&#8217;s node thanks to CLI.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Radicle_Tokenomics\"><\/span><strong>Radicle Tokenomics<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Currently, the Radicle Token price is $1.55. The coin has a market cap of <strong>$77,575,995<\/strong>. The total and maximum supply is <strong>99,998,580 RAD<\/strong>. The circulating supply is <strong>49,829,111 RAD<\/strong>. That means almost %50 of the total supply. Distribution is like that:<\/p>\n<ul>\n<li>%50 of RAD tokens go to the community treasury<\/li>\n<li>%19 is allocated to the team<\/li>\n<li>%20 is allocated to early supporters<\/li>\n<li>%11 is allocated to the Radicle Foundation, as well as to network promotion and a proposed RAD bootstrapping liquidity pool<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<blockquote><p><strong><cite>You can present your thoughts as comments about the topic. Moreover, you can follow us on <a href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"noreferrer noopener\">Telegram<\/a>, <a href=\"https:\/\/twitter.com\/coinengineers\" target=\"_blank\" rel=\"noreferrer noopener\">Twitter<\/a>, and <a href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener\">YouTube<\/a> channels for the kind of news<\/cite><\/strong><\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Radicle token is a piece of the Radicle Network. The network is a decentralized area, that develops for computer engineers, working peer-to-peer (P2P), and it is providing an opportunity for collaboration.<\/p>\n","protected":false},"author":1,"featured_media":3373,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18,5],"tags":[635,634,632,633,631],"class_list":["post-2374","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin-projects","category-project-review","tag-rad-token","tag-radicle-token","tag-radicle-token-price","tag-radicle-token-price-prediction","tag-what-is-radicle-token"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What Is Radicle Token? - Coin Engineer<\/title>\n<meta name=\"description\" content=\"Radicle is a decentralized network, that develops for computer engineers. 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