e-Radix is part of the Radix ecosystem, which was founded by Dan Hughes, a UK-based developer who discovered Bitcoin in 2012. After more than nine years of research, testing, and development, Radix aimed to contribute to the world of DeFi. The platform's breakthrough came in 2020 with the creation of Cerberus, a cross-shard atomically composable consensus protocol. The first iteration of the Radix Public Network, "Olympia", went live in July 2021, and the DeFi development language, Scrypto, was released in early access form in December 2021.