How To Buy Radicle (RAD)?

A common question you often see on social media from crypto beginners is “Where can I buy Radicle?” Well, you’ll be happy to hear it is actually quite a simple and straightforward process. Thanks to its massive popularity, you can now buy Radicle on most cryptocurrency exchanges, including Coinbase and Binance in 3 simple steps.

Step 1: Create an account on an exchange that supports Radicle (RAD)

First, you will need to open an account on a cryptocurrency exchange that supports Radicle (RAD).
We recommend the following based on functionality, reputation, security, support and fees:

In order to sign up, you will need to enter some basic information, such as your email address, password, full name and, in some cases, you might also be asked for a phone number or address.

Note: On specific exchanges, you might need to complete a Know Your Customer (KYC) procedure in order to be able to purchase cryptocurrency. This is most commonly the case with licensed and regulated exchanges.

Step 2: Deposit funds into your account

Many cryptocurrency exchanges will allow you to purchase Radicle (RAD) with fiat currencies, such as EUR, USD, AUD and others. Furthermore, they will also provide you with multiple deposit methods through which you can fund your fiat account, such as credit and debit cards, ewallets or direct bank transfers.

Note: Some payment methods will have higher fees than others, such as credit card payments. Before funding your fiat account on your chosen exchange, make sure to do your due diligence to find out the fees involved with each payment method to avoid unnecessary costs.

Step 3: Buy Radicle (RAD)

This process is similar across almost every cryptocurrency exchange. All you have to do is find a navigation bar or a search bar, and search for Radicle (RAD) or Radicle (RAD) trading pairs. Look for the section that will allow you to buy Radicle (RAD), and enter the amount of the cryptocurrency that you want to spend for Radicle (RAD) or the amount of fiat currency that you want to spend towards buying Radicle (RAD). The exchange will then calculate the equivalent amount of Radicle (RAD) based on the current market rate.

Note: Make sure to always double-check your transaction details, such as the amount of Radicle (RAD) you will be buying as well as the total cost of the purchase before you end up confirming the transaction. Furthermore, many cryptocurrency exchanges will offer you their own proprietary software wallet where you will be storing your cryptocurrencies; however, you can create your own individual software wallet, or purchase a hardware wallet for the highest level of protection.

For more in-depth instructions, our ‘Absolute Beginner’s Guide To Cryptocurrency Investing‘ will take you through the process step-by step. In addition to providing instructions for sending and receiving your cryptocurrency.
And if you’re completely new to crypto our beginner, intermediate and advanced level articles will get you up to speed with everything you need to know about the cryptocurrency space starting out. 

Simplecryptoguide.com

What Is Radicle (RAD)?

Radicle is a decentralized code collaboration network built on open protocols. It enables developers to collaborate on code without relying on trusted intermediaries. Radicle was designed to provide similar functionality to centralized code collaboration platforms — or “forges” — while retaining Git’s peer-to-peer nature, building on what made distributed version control so powerful in the first place.

It’s governance token, RAD, makes Radicle the first open-source, community-led, and self-sustaining network for software collaboration. The network’s code and treasury of assets are publicly managed fully in the open allowing any developer to contribute and influence the direction of the project, making Radicle an experiment in collective governance.

How does Radicle (RAD) work?

The network is powered by a peer-to-peer replication protocol built on Git, called Radicle Link. Radicle Link extends Git with peer-to-peer discovery by disseminating data via a process called gossip. That is, participants in the network share and spread data they are “interested” in by keeping redundant copies locally and sharing, otherwise known as “replicating”, their local data with selected peers. By leveraging Git’s smart transfer protocol, Radicle Link keeps Git’s efficiency when it comes to data replication while offering global decentralized repository storage through the peer-to-peer networking layer.

Since all data on the network is stored locally by peers on the network, developers can share and collaborate on Git repositories without relying on intermediaries such as hosted servers.

How is Radicle different from GitHub?

Collaborating on Radicle is slightly different than collaborating on centralized code collaboration platforms like GitHub and GitLab.

1. The Radicle stack is open-source from top to bottom. There are no “closed” components. Every component of the Radicle stack is auditable, modifiable, and extendable.

1. Radicle is built entirely on open protocols. There are no “special servers”, privileged users or companies in control of your collaboration.

1. Radicle is based on a peer-to-peer architecture instead of a client-server model.

1. Radicle is not global by default. Instead, the social graph of peers and projects you track determines what content you see, interact with, and replicate.

1. Radicle is designed for bazaar-style development. This means that within projects, there isn’t a single master branch that contributors merge into. Instead, peers maintain their own views of projects that can be fetched and merged by other peers via patches.
2. Radicle replaces the Org functionality of centralized forges and their hierarchical admin models with decentralized organizations on Ethereum
3. Radicle is a self-sustained and community-owned network — not a corporation. It’s governance is organized by a token called RAD that lives on Ethereum.

How do I use Radicle?

The easiest way to use Radicle is with Upstream, a desktop client developed by the founding team of the Radicle project. With Upstream, you can create an identity, host your code, and collaborate with others on the Radicle network.
You can download it here. 

Radicle development updates in 2023

Radicle (RAD), a decentralized coding collaboration network, has made significant strides in 2023. Built on an open protocol, Radicle focuses on enabling developers to collaborate on code without the need for third-party services. This initiative aims to mimic the capabilities of centralized code collaboration platforms while preserving the peer-to-peer nature of Git, extending the benefits of distributed version control.

• Radicle Link and Peer-to-peer Collaboration: Radicle’s core component, Radicle Link, is a peer-to-peer gossip protocol with a flexible distributed version control backend. Initially focused on supporting Git, this protocol aims to be versatile enough for other systems like Pijul or Mercurial. It uses gossip-based replication to distribute Git repositories, allowing hosting and sharing without centralized servers.

• Decentralized Code Collaboration Network: Radicle stands out by being a community-owned and self-sustaining network, different from centralized platforms like GitHub and GitLab. The Radicle stack is open-source from top to bottom, making it fully auditable, modifiable, and extendable. It operates on a peer-to-peer architecture, contrasting the client-server model of centralized platforms.

• Ethereum Integration and DAO Governance: In 2021, Radicle integrated into the Ethereum network, introducing the RAD token central to the platform’s ecosystem. This integration brought several benefits, such as transparent and verifiable support of a distributed digital ledger and the possibility of implementing a governance system. The Radicle cryptographic protocol includes a Decentralized Autonomous Organization (DAO), where RAD token holders can vote on community proposals for future software development.

• Tokenomics of RAD: The total supply of RAD tokens is set at 100 million units, with 50% currently held in the project’s treasury. The remainder is distributed among the Radicle team, the foundation, and early supporters. RAD tokens play a dual role in DAO decision-making processes and in obtaining discounts on Radicle protocols.

• Future Outlook and Price Predictions: With a significant number of GitLab and GitHub users forming its potential audience, Radicle is well-positioned in the open-source software world. The current price of RAD is around $7.35 as of January 2023, with expectations of growth as the crypto market, led by Bitcoin, shows signs of recovery. Crypto experts anticipate that as the market strengthens, RAD might test its all-time high of $27.61.

These developments and features underscore Radicle’s commitment to fostering a more decentralized, secure, and collaborative environment for software development. The integration with Ethereum and the establishment of a DAO governance model further enhance its appeal to developers seeking decentralized alternatives for code collaboration​​​​​​.

Official website: https://radicle.xyz/

Best cryptocurrency wallet for Radicle (RAD)

There are plenty of different crypto wallets available. The best one for you depends on your general trading habits and which provides the most security in your situation. There are two main types of wallets: hot storage wallets (digital) and cold storage or hardware wallets (physical). Both have their pros and cons, and there is not necessarily a right or wrong answer when it comes to figuring out which crypto wallet is best for you.

HOW DO I DECIDE WHICH cryptocurrency WALLET TO USE for Radicle (RAD)?

Deciding which type of wallet to use depends on a variety of factors, including:

• How often you trade. In general, hot wallets are better for more active cryptocurrency traders. Quick login ability means you are only a few clicks and taps away from buying and selling crypto. Cold wallets are better suited for those looking to make less frequent trades. 
• What you want to trade. As mentioned earlier, not all wallets support all types of cryptocurrencies. However, some of the best crypto wallets have the power to trade hundreds of different currencies, providing more of a one-size-fits-all experience.
• Your peace of mind. For those worried about hacking, having a physical cold wallet stored in a safe deposit box at the bank or somewhere at home, provides the safest, most secure option. Others might be confident in their ability to keep their hot wallets secure.
• How much it costs. It is important to investigate the costs associated with each wallet. Many hot wallets will be free to set up. Meanwhile, cold wallets, like any piece of hardware, will cost money to purchase.
• What it can do. While the basics of each cryptocurrency wallet are the same, additional features can help set them apart. This is especially true of hot wallets, many of which come with advanced reporting features, insights into the crypto market, the ability to convert cryptocurrencies and more. Security features can also be a good differentiator.

For a more in-depth overview of cryptocurrency wallets visit our “Cryptocurrency Wallets Explained” guide.

If you’re going to be dealing in larger volumes of crypto, investing in cold storage might prove advantageous.
Most widespead examples of this being the Ledger Nano and the Trezor.

Ledger manufactures cold storage wallets designed for users who want increased security. Their wallets are a physical device that connects to your computer. Only when the device is connected can you send your cryptocurrency from it. Ledger offers a variety of products, such as the Ledger Nano S and the Ledger Nano X (a bluetooth connected hardware wallet).

Trezor is a pioneering hardware wallet company. The combination of world-class security with an intuitive interface and compatibility with other desktop wallets, makes it ideal for beginners and experts alike. The company has gained a lot of the Bitcoin community’s respect over the years. Trezor offers two main models – The Trezor One and Trezor Model T (which has a built in touch screen).