XDC Network (2024)

FAQs

What is the XDC Network? ›

XDC Network: A Sustainable Hybrid Blockchain for Trade Finance. XDC blockchain is the layer-1 enterprise-ready open-source blockchain with interoperable smart contracts, military-grade security, double validation and near-zero gas fees.

Can XDC Reach a Dollar? According to numerous experts, it's very much possible and can happen within the next decade.

XDC Network is a hybrid blockchain designed to facilitate global trade and finance sectors. XDC hosts several decentralized applications (dapps) that offer solutions for trade finance, payments, and supply chain management.

A highly optimized, bespoke fork of Ethereum, the XDC Network reaches consensus through a delegated proof-of-stake (XDPoS) mechanism, which allows for two-second transaction time, near zero gas fees, and over 2,000 transactions per second (TPS).

XDC, XRP, and Solana each offer distinct advantages and address specific challenges within the blockchain space. XDC excels in enterprise solutions and trade finance with its hybrid model and high efficiency. XRP revolutionizes cross-border payments with speed and low cost, despite facing regulatory hurdles.

XDC Network is backed by the XDC Community, leading to the formation of the XDC Foundation, which was established in 2021 to promote the growth and adoption of XDC through collaboration with a community of developers, trade experts, and content creators.

Coincodex.com: According to Coincodex.com XDC price prediction, the price of XDC crypto is expected to be somewhere between $ 0.057229 on the lower end and $ 0.208644 on the high end by the end of 2025, and price prediction for 2030 could be between $ 0.098399 on the lower end and $ 0.138895 on the high end.

Formerly XinFin Network, XDC Network provides a hybrid platform that merges the transparency that public blockchains are known for with the speed and security of private blockchains. Currently valued at around $0.046, this token has the potential to skyrocket to $5 with the solid features and use cases it offers.

XDC Network was the first blockchain to join the Global TFD Initiative - a consortium of major global financial institutions and leading service providers such as ABN AMRO, Santander Asset Management, ING Bank, SMBC, ANZ, Commonwealth Bank of Australia, Texel Group, NN Investment Partners, and more.

What makes XDC special? ›

XDC Network: An Overview

It specializes in tokenization for real-world assets, decentralized finance, DePIN, and employs a unique delegated proof-of-stake (XDPoS) consensus mechanism. This ensures quick transaction times, minimal gas fees, and a remarkable throughput of over 2,000 transactions per second (TPS).

By the end of 2040, the XDC Network price is projected to reach $0.1201, with a cumulative ROI of +359.50%. In 2050, the XDC Network price is expected to change by +15.00%. By the end of 2050, the XDC Network price is projected to reach $0.9893, with a cumulative ROI of +3685.68%.

Atul Khekade and Ritesh Kakkad are the founders of XDC Network.

Based on our XDC price predictions and the latest updates, it is highly unlikely for XDC to reach $100 before 2030.

Yes, Ledger supports XDC via third-party wallets. Choose from MyCrypto wallet, Guarda wallet, or Math Wallet.

Atul Khekade and Ritesh Kakkad are the founders of XDC Network.

XDC is the platform's native token, used for transactions and governance. By following the ISO 20022 standard, XDC Network aims to enhance its interoperability with traditional financial systems.