XinFin Coin (XDC) is a coin developed on the native XDC blockchain to be used for underlying payment and settlement for cross-border peer to peer trade on the global marketplace (tradefinix). Xinfin (XDC) coin is built using XDC01-standard which itself is based on ERC-20 standards. The XDC01 standard ensures the fundamental compatibility with the multitude of Ethereum dApps. The XinFin blockchain is an alternative blockchain to Ethereum. The dApps running on Ethereum can be ported to XinFinShow more [+] blockchain. The transaction speed of XinFin blockchain is 300 TPS compared to 20 TPS on Ethereum. XinFin has also launched an Ethereum token, XDCE, which can be traded with XDC on a 1:1 ratio. This one to one exchange benefits the token holders to hold the token in either form for utility.
The XinFin blockchain has two kinds of states i.e. public and private. The public state is easily accessible to all the participants for trading, buying or selling the XDC coins. The private sub-networks part consists of messaging and transactional activities. Mastenodes are used to host these private sub-networks. The XDC blockchain relies on four types of nodes i.e. Full nodes (possess entire XDC protocol), reference nodes (transfers transactions to the transaction pool), light node (implemented in private sub-networks) and auditing nodes (allows access to public or private state of blockchain). The XinFin blockchain uses Delegated Proof of Stakes consensus protocol.
XinFin blockchain development is monitored and governed by XinFin foundation, a non-profit organization. XinFin was founded by Atul Khekade. The core team consists of 12 core members and 23 other members. The advisory board has 6 members including Roger Ver, CEO bitcoin.com website.
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