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XDC Mainnet Price

(XDC)

$0.02808
0.00%(5m)

1m5m15m1h8h1d1W
XDC Mainnet (XDC) Live Price Chart

    XDC Mainnet Live Price Data

    The live price of XDC Mainnet is 0.02808, with a total trading volume of 8214870.1518 in the last 24 hours. The price of XDC Mainnet changed by +0.5% in the past day, and its value has increased by +3.73% over the last week. With a circulating supply of 12.24B XDC, the market cap of XDC Mainnet is currently 590039297.53116090271084169500 , marking a +0.5% increase today. XDC Mainnet currently ranks #72 in market cap.

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    Note: This data is for reference only.
    pk

    XDC(XDC) Profile

    altRank72
    rate--
    Expand
    $0.02788
    $0.02817

    ATH
    $0.19387438
    Price Change (1h)
    -0.03%
    Price Change (24h)
    +0.50%
    Price Change (7d)
    +3.73%
    Market Cap
    24h Volume
    Circulating Supply
    12.24B
    Max Supply
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    About XDC Mainnet

    • What is XinFin Network (XDC) Crypto?

      XinFin Network or XDC Network is an enterprise-ready hybrid blockchain that can support interoperable smart contracts and run decentralized applications (dApps) in the finance and global trade sectors. XinFin leverages a Delegated Proof of Stake (XDPoS) consensus mechanism.

      The interoperable blockchain network supports Hybrid Relay Bridges for cross-chain communication and interoperability with other blockchain networks. It also enjoys an instant block finality and is among the most energy-efficient blockchain networks in the world, thanks to its public DPoS consensus algorithm.

      In addition, the XinFin Protocol enjoys interoperability with legacy systems and blockchain networks. This makes it extremely easy to use for deploying applications related to core banking, ERP, and SWIFT systems.

      XDC is the native token that powers the XinFin Network ecosystem. The utility token is used to pay transaction fees, execute smart contracts, and interact with dApps on the blockchain. XDC can also be staked by nodes who wish to participate in the consensus mechanism to help secure the network and validate transactions.

    • How Does XinFin XDC Network Work?

      The XinFin Network originated via a fork from Ethereum and Quorum blockchains. Quorum is a permissioned blockchain network developed by JP Morgan.

      The XDC blockchain enjoys a throughput of up to 300 TPS against Ethereum, which can process around 20 transactions per second. The blockchain also employs a smart contract manager that supports interoperability between the public XinFin XDC Network and other public blockchain ecosystems.

      Its hybrid architecture lets it function as private and public blockchain networks by maintaining a private and public state. The private state of the network can keep critical data, such as financial data, secure, while the public state makes the data stored on the network transparent and verifiable.

      The XinFin Network also leverages a Public XDPoS consensus mechanism, a delegated proof of stake consensus that allows for a decentralized way to validate transactions and create new blocks on the blockchain. Validators in the network are responsible for verifying transactions, producing new blocks, broadcasting new blocks throughout the decentralized network, syncing their data with other nodes, and helping secure the network.

      The XDPoS consensus utilizes one-tenth of the energy required by proof of work blockchains like Bitcoin. XDC Network also offers meager transaction fees or gas fees. The Self-KYC-based nodes further enhance the security of the infrastructure by preventing the presence of anonymous network participants.

    • History of XinFin Network and XDC Token

      XinFin Network was launched globally in Q1 2017 and released the blockchain’s technical and business white papers in Q2. The pre-initial coin offering (pre-ICO) sales started in the second quarter of 2017 and concluded in the third quarter, followed by the launch of the XDC Android Wallet in Q4 2017.

      XinFin launched the beta version of TradeFinex and set up XDCe in Q1 2018, followed by its cold storage wallet launch in Q2. In addition to partnering with global institutions and enterprises, XinFin set up multiple MasterNodes globally through the remainder of 2018.

      The XDPoS testnet was rolled out in Q1 2019, while the Live XDC Public Net was rolled out in Q2 2019. The staking feature of the network went live in Q4 2019.

      Through 2020 and 2021, XinFin focused on driving partnerships with financial institutions and getting XDC listed on leading exchanges and wallets. The company also launched hackathon events to increase the adoption of the XDC Network among dApp developers.

      In Q3 2021, XinFin released the SDK for iOS, Android, Java, and GO. In Q1 2022, the release of PHP SDK, Rust SDK, and Dart SDK ensued. The first version of the NFT Marketplace and governance on XDC were released in Q2 2022.

    FAQ

    • How much is 1 XDC Mainnet (XDC) worth?

    • Is XinFin Network (XDC) a Good Investment?

    • What is XDC Token Used For?

    • How Can XinFin Network Help the Banking System?

    • How to Create Stablecoin Using XinFin Protocol

    • Can I Make Money From XinFin Network (XDC)?

    • What is the all-time high price of XDC Mainnet (XDC)?

    • What is the all-time low price of XDC Mainnet (XDC)?

    • How much XDC Mainnet (XDC) is there in circulation?

    • How do I store XDC Mainnet (XDC)?