Cryptocurrency Q&A
Is XDC built on Ethereum?
Is XDC built on Ethereum?
Carlo
Fri Jun 28 2024
|
7 answers
1616
Could you elaborate on whether the XDC cryptocurrency is indeed built on the Ethereum blockchain? I've heard varying opinions regarding its underlying technology and infrastructure. Clarifying this matter would be instrumental in understanding its functionality, scalability, and potential integration with other Ethereum-based projects. Is there a definitive statement or evidence that indicates XDC is indeed an Ethereum-based token or does it operate on a separate blockchain entirely? Thank you for your assistance in clearing up this confusion.
7 answers
CryptoWanderer
Sun Jun 30 2024
Additionally, the network boasts near-zero gas fees, significantly reducing costs for users.
Was this helpful?
307
92
benjamin_brown_entrepreneur
Sun Jun 30 2024
The XDC Network is capable of handling an impressive throughput, surpassing 2,000 transactions per second (TPS).
Was this helpful?
384
37
Elena
Sun Jun 30 2024
The XDC Network stands as a highly optimized and tailored variant of the Ethereum blockchain.
Was this helpful?
83
23
SejongWisdomKeeperElite
Sun Jun 30 2024
It utilizes a delegated proof-of-stake (XDPoS) consensus mechanism, a unique approach tailored specifically for the network.
Was this helpful?
347
60
Alessandra
Sun Jun 30 2024
This high scalability allows the network to scale efficiently and handle a large volume of transactions without compromising speed or security.
Was this helpful?
143
91
Load 5 more related questions
