What type of coin is XDC?

What type of coin is XDC? – Enpatika

What type of coin is XDC?

27 March 2022 Enpatika.com Genel

The XDC token is the underlying utility token of the XinFin hybrid blockchain . The XDC token acts as a settlement mechanism for dApps built on the XinFin hybrid blockchain. Our first DApp, the TradeFinex platform, uses this settlement layer to finance infrastructure projects and other procurements.

Is XDC built on ethereum?

27 March 2022 Enpatika.com Genel

XDC Network is fully Ethereum Virtual Machine (EVM) compatible , which positions it to attract a large community of Ethereum developers and encourages various Dapps, which are built on Ethereum Network, to migrate over to XDC.