What is the main goal of Radix? I’d like to learn more.
If you’re new to Radix, I recommend you start by reading the Knowledge base. This post is very relevant to your question: What is the purpose of Radix?
Also see What is Radix?
To summarize, the main goal of Radix is:
Decentralized finance applications are currently built on layer 1 protocols that are not fit for purpose. This leads to congestion, hacks, and user and developer frustration. Radix changes this by introducing a scalable, secure-by-design, and composable platform with a DeFi-centric execution environment to make it easy to build and launch scalable DeFi products and services.
This means that Radix will be the only decentralized network where developers will be able to build quickly without the constant threat of exploits and hacks, where every improvement will get rewarded, and where scale will never be a bottleneck.
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Well the vision/goal of Dan Hughes, the original Founder of eMunie/Radix in 2013, was to uplift the world’s unbanked so that anyone in the world could run a network node on a simple PI3b single board computer. The PI’s generally cost less than $40 back then and even 9 years later are less that $100. A community in Africa would be able to run a Radix node on the sharded ledger and earn a portion of the network emissions.
Loid
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To take over the world and be the backbone of the future financial system
Perhaps the most beautiful thing is being a game changer from DEFI because, radix can maximize DEFI in its ecosystem.
The main goal is to take over the role of Ethereum as the largest ecosystem, XRD Flip ETH is one of our goals here
Easiest, fastest, cheapest, and safe
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I think the main goal is to just be able to support the entire global financial system. It’s a big enough goal in itself. People may accuse Dan of being a perfectionist, having gone through so many iterations over the past decade, but he was only looking for a solution that works. If the goal is to support the entire global financial industry, building a scalable chain is a requirement, not a luxury.
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But what does that mean, do they want ever company in the world on radix from apple to microsoft and banks ? Is that even possible, i dont think we an even grasp what this space will look like in 10 years , but radix seem to have built with that in mind , i mean will we have like credit cards ect used on radix network ?
Ideally yes. Think of it just like another layer of the internet. All companies/banks/financial transactions use the internet.
Decentralized finance applications are currently built on layer 1 protocols that are not fit for purpose. This leads to congestion, hacks, and user and developer frustration. Radix changes this by introducing a scalable, secure-by-design, and composable platform with a DeFi-centric execution environment to make it easy to build and launch scalable DeFi products and services.
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From my understanding, the main goal of this project is solving the Trilemma, whilst keeping full atomic composability. This presents the perfect system to underpin DeFI.
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Think of it this way. You live in the UK and have cash in Venmo and want to make a purchase from Amazon. However, you get a discount if you use your Amazon credit card, so even if Venmo is linked you would want to use the Card, not Venmo. Meanwhile, you don’t carry the Card or store it on Amazon.com - you like to store it in your Apple Wallet and pay via that because of security measures (or something.) Then, Amazon receives the payment from the card and stores in their UK accounts. Then, the money needs to be transferred to the US because Amazon wants to provide a stock dividend and the securities are on US exchanges. So, they use a UK bank to convert Pounds to Dollars and execute a transfer on something like SWIFT and deposit into accounts with a US bank. Then, the money gets transferred to another entity to disperse the dividends. Meanwhile Bob, an individual investor, has it set for dividends to reinvest in the ETF he holds which contains AMZN stock. This requires another entity to receive the funds and bundle into the ETF with new stock purchases on the exchange. Finally, going back to the beginning of this, you need to pay your Amazon credit card bill which is in an account with yet another bank, which receives direct deposits from a Payroll system linked to yet another bank that your employer uses.
Every one of those transactions may use a different set of tools to link actors together, and every entity may have different software for holding the assets while in their possession. (I’m not an expert so can’t dive into individual ones, and there will obviously be some interoperability or open source codes and industry standards, but it’s still a lot of custom development and different ways of storing balances. There’s also some nice perks, like the Dodd Frank act in the US after the '08 Financial Crisis required banks to make their financial records machine readable which led to the ability of things like Mint to start aggregating all of your financial resources into a single view, so it’s not a completely barren or DIY landscape for these companies.)
So, enter Radix. Every one of these transactions will treat the assets the same as they are native to the network and there is reduced chance for security flaws because of the finite state machine. It makes it much more seamless and standardized to have all these actors using the Radix Engine. Also, it gets crazy because these transactions may be grouped together into one txn. E.g, as soon as you make a purchase a fractional share can accrue to Amazon stockholders (if people desire to program for this use case.)
So, think of Radix as a platform, then think of any financial transaction or engineering you can imagine and consider it being deployed on the platform and frictionlessly composable with any other asset or application on the network.
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World Domination off-course 
Jokes aside, i think the goal is to make a financial system that is:
- Neutral - or permission-less
- Inclusive - down to the last underdeveloped countries
- Affordable to use
- Scalable - can onboard the entire global economy