What will XDC be used for?

A key feature of the XDC Network is its focus on payments, trade finance, and supply chain management. These are critical areas within the global economy that can significantly benefit from the immutability, transparency, and security offered by blockchain technology.

Among BTCC's services are spot trading, futures trading, and wallet services. These services enable users to buy, sell, and trade XDC tokens seamlessly, while also providing them with a secure and reliable platform to store their digital assets.

To ensure the security and integrity of its network, the XDC Network employs a unique consensus mechanism known as Delegated Proof of Stake (XDPoS). This mechanism allows token holders to delegate their voting power to trusted masternodes, which are responsible for validating transactions and maintaining network security.

By entrusting masternodes with transaction validation, the XDPoS consensus mechanism fosters a decentralized yet efficient network environment. It also encourages participation from token holders, who can influence the direction of the network by delegating their stake to masternodes they trust.

One of the prominent platforms supporting the growth and adoption of XDC Network is BTCC, a top cryptocurrency exchange. BTCC offers a comprehensive suite of services that cater to the diverse needs of traders and investors in the digital asset space.