What is XinFin Network?
XinFin Network is a permissioned, distributed ledger technology (DLT) platform. It was originally created as an alternative to Ethereum, and is designed to support both smart contracts and blockchain applications. The XinFin network is based on Proof-of-Stake (PoS), and uses a hybrid consensus model that combines both PoS and Practical Byzantine Fault Tolerance (PBFT). The native currency of the XinFin network is XDC, which is used to pay for transaction fees and gas. XDC can also be used to create new tokens, which can be used to represent any asset or utility. The XinFin network is unique in that it enables the creation of private blockchain networks, which can be used for confidential transactions. Private blockchain networks are not visible to the public, and can only be accessed by authorized users. This makes XinFin an ideal platform for applications that require privacy and security. The XinFin network is also scalable, and can support thousands of transactions per second. This makes it well-suited for applications that require high throughput, such as payments and settlements. Overall, XinFin is a powerful and versatile blockchain platform that offers a number of advantages over other platforms.
Who created XDC cryptocurrency?
XinFin Network is a Singapore based hybrid blockchain technology company. It has developed an open source enterprise-ready Hybrid Blockchain platform xdc01 which powers xDC protocol. The xDC protocol is used for issuance, settlement and trading of asset-backed tokens. xDC can be used for P2P lending, factoring, supply chain financing, cross-border payments etc. XinFin Network has a live mainnet since July 2018. XinFin Digital Contracts (XDC) are ERC20 compatible tokens that run on Ethereum network as well as on XinFin’s own Hybrid Blockchain network. Approximately 1 Billion xDC tokens were minted during the token sale event held in Feb 2018 and these xDC tokens are currently tradeable on cryptocurrency exchanges. 50% of total xDC supply is reserved for ecosystem incentives and long term community building activities of blockchain developers, community members, validators etc.
How many of The XinFin Network coins have been issued?
The XinFin Network is an open source, decentralized platform for global trade and finance. The network utilizes the XDC cryptocurrency, which is used to settle transactions on the network. A total of 21 billion XDC coins have been issued, with a circulating supply of 16.5 billion. The remaining coins are held in reserve by the XinFin Foundation, which is responsible for maintaining the network. The Foundation also uses a portion of the reserve to incentivize participation in the network by rewarding users who contribute their time and resources. As a result, the XinFin Network has a large and active community that is constantly working to improve the platform.
Where can I buy XDC coins?
Searching for a reliable XDC seller? Look no further than our partners on Changelly. With their help, you can buy XDC and other cryptocurrencies with fiat currency securely without any worries about getting ripped off or paying too much! We offer a wide range of coins and tokens on Changelly, with low prices. Find your favorite cryptocurrency here!
Can I buy XDC with a credit or debit card?
Yes! Get XDC tokens with your credit card, Visa or Mastercard. By entering the region of your country on our order page you can find a match for fiat-to crypto partners that support this area - which will result in an overwhelmingly positive experience from start to finish
We know how important it is not only transaction speed but also ease of using service so we strive hard towards providing both.
Can I buy XDC with PayPal?
PayPal is a popular way to buy and sell cryptocurrency, but it's not available on all exchanges. Some providers like Changelly don't support PayPal yet due their strict AML policy that requires more information from customers before they can process payments via this method of payment.
Where can I store my XinFin coins?
If you're looking for a safe and secure place to store your XDC coins, the best option is the XinFin Network wallet. The XinFin Network is a blockchain-based platform that enables users to store, send, and receive cryptocurrencies. The wallet is designed to be user-friendly and is available for both desktop and mobile devices. In addition, the XinFin Network offers a variety of features that make it an ideal platform for storing XDC coins, including support for multiple currencies, a secure login system, and advanced security features.