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XDC
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$ 0.05031
XDC Network (also known as the XinFin) is an enterprise-grade, hybrid Layer 1 blockchain designed to support both public and private decentralized applications and financial infrastructure. Read More
XDC Network (also known as the XinFin) is an enterprise-grade, hybrid Layer 1 blockchain designed to support both public and private decentralized applications and financial infrastructure. It uses a customized XinFin Delegated Proof-of-Stake (XDPoS) consensus mechanism to deliver high throughput (over 2,000 transactions per second), fast finality, and very low transaction costs while consuming minimal energy. The network is Ethereum Virtual Machine (EVM) compatible, allowing developers to deploy Ethereum smart contracts with little to no modification. XDC Network’s architecture supports ISO 20022 compliance and hybrid public/private subnetworks, making it suitable for traditional trade finance, cross-border payments, and enterprise data workflows. The native token $XDC is used for transaction fees, staking, validator rewards, and as the settlement asset for on-chain contracts. Validators (masternodes) must stake XDC and complete KYC to participate in consensus, aiming to balance decentralization and institutional compliance. Additionaly project also targets real-world asset tokenization, financial messaging, and interoperability with legacy systems and other blockchains. XinFin was founded in 2017 and continues to expand its ecosystem of dApps, institutional use cases, and developer tools.