What is XinFin (XDC)?
XinFin (eXchange inFinite) is a scalable smart-contract hybrid blockchain solution that provides a decentralized infrastructure for DApps, token issuances & enterprise solutions.
The network is powered by it’s fuel token XinFin Digital Contract (XDC). The XDC token is used for transaction fees, smart contract deployment and staking.
XinFin offers a hybrid blockchain architecture which allows for private network hosting, deployment of smart contracts, and the leveraging of cross-chain interoperability.
XinFin Delegated Proof of stake (XDPoS) is the consensus mechanism used by the network. Allows for 2-second transaction confirmations and low fees while maintaining security requirements.
XDPoS also enables EVM (Ethereum Virtual Machine) compatibility for the XinFin network, allowing developers to deploy Ethereum contracts with no modifications needed.
XinFin’s versatility allows enterprises to participation in the global trade market at low costs using it’s efficient smart contract & settlement capabilities. Centralized systems can be easily converted in robust decentralized networks.
WEBSITE: https://xinfin.org/
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