XDC Network is a decentralized blockchain that is said to have the ability to process 2000+ TPS, being 1,250x faster than Ethereum, while being significantly more sustainable and consuming less energy. The network aims to provide an inclusive, accessible, and decentralized world for creators, financial innovators, and developers. It is EVM-compatible, supporting smart contracts and cross-chain token transfers. The blockchain was released by XinFin, Singapore-based exchange in 2019.
XDC develops and implements its own consensus algorithm called XDC 2.0, which is based on Chained HotStuff, the state-of-art BFT (Byzantine fault tolerance) consensus algorithm. The process requires the signatures of two randomly selected masternodes on a block before it can be added to the blockchain, reducing the risk of producing "garbage" blocks. The unique consensus algorithm improves the stability of the blockchain and reduces the probability of nothing-at-stake and fork attacks.
How Many XDC Network (XDC) Tokens Are in Circulation?
XDC is the native token that powers XDC Network. XDC has a total supply of 37,705,012,699 and 13,830,061,264 of them are in circulation.
Consider investing in XDC Network (XDC)? It only takes 2 minutes to create an account on Bitget and start trading XDC.
Check out the available XDC trading pairs on Bitget!
Spot market