Alright. So @WalterBlueu could you provide us a br... @gateio

Asked 1048 days ago
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Alright. So @WalterBlueu could you provide us a brief overview of the XDC Network?

asked 1048 days ago

1 Answers

The XDC Network is a powerful and versatile platform for enterprise-grade applications. Our Mainnet is EVM-compatible and supports smart contracts, allowing developers to easily deploy applications on the XDC Network. Through our delegated proof-of-stake (XDPoS) consensus mechanism, we are able to provide users with two-second transaction times, near zero gas fees, and over 2,000 transactions per second (TPS). This makes the XDC Network an ideal platform for applications that require fast and efficient transactions. We are also focused on disrupting global trade finance as a specific use case. We have developed a suite of enterprise-grade products such as xDCE, a decentralized exchange, and xDCpay, a cross-border payments platform, to enable seamless and secure global trade. We are also actively working with governments and other organizations to develop new use cases and applications for the XDC Network. Overall, the XDC Network is an innovative and powerful platform for enterprise-grade applications, with a focus on disrupting global trade finance. We are constantly striving to provide our users with the best possible experience, and with our fast transaction speeds, low gas fees, and secure infrastructure, we are confident that the XDC Network will continue to be a leader in the blockchain space.
answered 1048 days ago
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I'd be happy to. The XDC Network is an enterprise-grade, EVM-compatible Layer 1 Network equipped with smart contracts. Our Mainnet went live in June of 2019, and we have been operating successfully as a Proof of Stake fork of Ethereum for the past three years. As a 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). While we are an open source public network that anyone can build on, we have a an overarching focus on disrupting global trade finance as a specific use case, which I can talk more about shortly. DONE
answered 1048 days ago

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