Cryptocurrency Q&A What is the XDC Network coin?

What is the XDC Network coin?

Enrico Enrico Wed Oct 16 2024 | 5 answers 1325
I don't understand this question. Could you please assist me in answering it? What is the XDC Network coin?

5 answers

GeishaElegance GeishaElegance Fri Oct 18 2024
The XDC Network stands as a unique hybrid blockchain, distinguishing itself through its innovative delegated proof-of-stake (XDPoS) consensus mechanism. This groundbreaking approach fosters a robust and efficient ecosystem for blockchain transactions.

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CryptoNerd CryptoNerd Fri Oct 18 2024
The XDPoS consensus mechanism at the core of the XDC Network underpins its ability to create hybrid relay bridges. These bridges act as vital connectors, facilitating seamless communication and interaction between various blockchain networks, enhancing their interoperability.

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Stefano Stefano Thu Oct 17 2024
Furthermore, the XDPoS ensures spontaneous block finality within the XDC Network. This feature accelerates transaction processing, ensuring that once a block is appended to the blockchain, it is immediately finalized and recognized as a part of the Immutable ledger.

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Elena Elena Thu Oct 17 2024
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Rosalia Rosalia Thu Oct 17 2024
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