What is the outlook for the network in 2023 and be... @gateio

Asked 1047 days ago
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What is the outlook for the network in 2023 and beyond?

asked 1047 days ago

1 Answers

The XDC Network is projected to be a powerful and secure network in 2023 and beyond. With the XDC 2.0 upgrade, the network will be able to detect and prevent malicious actors, ensuring that the network remains safe and secure. The upgrade will also provide forensic monitoring, allowing the network to trace and identify suspicious activity. This will be an invaluable tool for keeping the network secure and reliable. Additionally, the staking requirement for node operators will help ensure that only those with a vested interest in the network will be able to participate. The XDC Network is set to be a major player in the blockchain space in 2023 and beyond. With its military grade security, forensic monitoring, and staking requirement, it is positioned to become a leader in the industry. As the network continues to grow and evolve, it will become an increasingly valuable asset to its users and the blockchain space as a whole.
answered 1047 days ago
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In Q1 of 2023 the XDC Network will release the XDC 2.0 upgrade to mainnet after a full year of beta testing. XDC 2.0 brings military grade security to the network with a byzentine fault tolerance capable of identifying bad actors autonomously and slashing them almost immediately. This is an important security measure as node operators must stake 10M XDC in order to operate their node, and slashing nodes burns those staked XDC. This upgrade will also include forensic monitoring. More can be read about the upgrade here: https://arxiv.org/pdf/2108.01420.pdf
answered 1047 days ago

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