RAD, the native token of open-source blockchain network Radicle, has seen a huge spike this week.
The team behind altcoin RAD recently twitter made an announcement regarding the upcoming Heartwood upgrade.
“Bugs and PRs [pull request] is now closed on our GitHub repository.
The Heartwood development has now completely migrated to Radicle.”
Radicle is a peer-to-peer (P2P) network built for code collaboration built on Ethereum (ETH). It is a GitHub alternative based on smart contracts.
The team behind Radicle (RAD) claims that Heartwood will bring big change. This update is expected to bring major changes and fixes to network availability and performance concerns:
“Heartwood is a complete redesign of the Radicle P2P protocol:
QUIC is replaced by a new Noise-based cable protocol that eliminates the need for TLS certificates and provides Tor support for improved privacy and censorship resistance.
Radicle no longer restricts users to a specific identity system, but essentially focuses on public keys and offers compatibility with decentralized identifiers (DIDs).
As you can see, the altcoin team is very excited about this update. In the midst of the update, RAD experienced a huge spike this week. The altcoin, which closed at $2.06 on April 29, is currently trading at $6.01 with a 191% increase.
You can follow the current price action here.