Friday, June 2, 2023

XDC Ecosystem

by Hideo Nakamura
XDC Ecosystem

XDC Ecosystem

The XDC Ecosystem is a blockchain-based platform for the development, deployment and management of decentralized applications (DApps). The XDC ecosystem consists of three main components: the Xinfin Network, the XDCE Token, and an open source SDK.

Xinfin Network
The Xinfin Network is a public permissionless blockchain powered by distributed ledger technology. It facilitates peer-to-peer transactions without any intermediaries or third parties involved. This allows users to securely transfer value between different currencies in near real-time with minimal transaction fees. It also supports smart contracts which can be used for developing DApps on its network.

XDCE Token
The XDCE token is an ERC20 compliant utility token that powers the Xinfin network. It provides users access to certain features of the platform such as DApp development, staking rewards, governance voting rights etc. In addition to this, it serves as a medium of exchange between different tokens on the network and helps facilitate cross chain transfers between two blockchains running on separate protocols (eg Ethereum & Hyperledger Fabric).

Open Source SDK
The Open Source Software Development Kit (SDK) provides developers with all necessary tools required to build and deploy their own custom made dapps onto the Xinfin Network easily within minutes using their preferred programming language(s). Furthermore, it comes bundled with several readymade templates which greatly reduce time spent in coding from scratch while still providing flexibility through customization options available in each template’s codebase itself. The SDK also includes various analytics tools which help track usage metrics pertaining to your app including user engagement rate/patterns & more – all accessible at anytime via web interface or API callouts depending upon user preference..

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