About XDC Network
XDC Network (formerly known as XinFin Network) is a hybrid (public / private) blockchain platform that combines the transparency of public blockchains with the speed and security of private networks. With the help of blockchain technology and state-of-the-art infrastructure, the project intends to provide streamlined financial services to its users.
The protocol’s open-source software uses a delegated-Proof-of-Stake (XDPoS) consensus mechanism, which facilitates fast transactions, interoperability, and cybersecurity. The network can process 2000 transactions per second (TPS), and thanks to interoperable smart contracts and Ethereum Virtual Machine (EVM) compatibility, users can more easily scale their projects.
XinFin was founded in 2017 and is based in Singapore. The platform's founders are Ritesh Kakkad, Atul Khekade and Karan Bhardwaj. In 2018, however, Bhardwaj resigned to devote more time to his own startup, Elatior Tech.
XDC Network Technical Details
- Blockchain Own Blockchain
- Hash Algorithm None
- Org. Structure Centralized
- Open Source 1
- Development Status On-going development
- Open Source Yes
- Hard Wallet Support Yes
XDC Network Video
XDC Network Organization & Team
Atul Khekade
Co-founder, Early Investor & Ecosystem Development
Ritesh Kakkad
Co-founder, Blockchain Strategist
Karan Bharadwaj
Former Co-founder, Chief Technology Officer
Peter Yeo
Co-founder, Early Investor, Advisor, Blockchain Architecture
XDC Network ICO Details
XDC Network launched its token sale on Feb 5, 2018 and completed it on Mar 15, 2018. It raised a total of $15,000,000 USD.
The total supply available for purchase during the token sale was 100,000,000,000 XDCE.
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