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XDC Network XDC |
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€0.0269064 |
-4.21% (24h) |
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Marketcap |
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€578,086,741 |
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Volume 24h |
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€26,895,210 |
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Description
XDC Network (XDC) is an enterprise-grade, EVM-compatible hybrid blockchain designed specifically to revolutionize the global trade and finance sector. It utilizes a Delegated Proof of Stake (XDPoS) consensus mechanism, which allows for near-instant transaction finality and extremely low fees. The network is designed to be highly interoperable with traditional financial systems, enabling the digitization of trade documents and cross-border settlements. The XDC token serves as the primary fuel for the network, powering smart contracts and facilitating secure value transfers between global entities.