Development on the XinFin XDC network has seen the platform register a record growth, with the new smart contracts feature continuing to attract more developers.

The increasing number of smart contracts on XDC Network validate that the network will likely emerge as a significant competitor to Ethereum, dominating the space. 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. Near zero gas fees, 2 second transaction time, lowest energy consumption blockchain network and 2000 TPS are also other factors that make it attractive to build on XDC Network introduced as The Latest Ethereum Killer.

Read More

• Reports say that the XDC Network, through community engagement, expanded upon its predecessor’s vision for a scalable, decentralized ecosystem.
• XDC Network is used for several innovative applications in Trade Finance, remittances and other decentralized infrastructure use cases like storage, encrypted email, tokenization, stablecoin deployment and price oracles.
• Therefore, many people have come to regard XDC Network as the new “Ethereum-killer”.

​
Since the inception of Bitcoin and its underlying technology, blockchain, many blockchain projects have emerged to disrupt the status quo and offer alternative blockchain solutions for a variety of use cases beyond the Bitcoin store of value. Emerging blockchain projects often seek to offer better technology than their predecessors. The XDC Network is a growing blockchain platform that has improved upon its predecessor’s, Ethereum’s, vision for a decentralized, blockchain-powered ecosystem that features code-enforceable smart contracts. 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. Near zero gas fees, 2 second transaction time, and 2000 TPS are also other factors that make it attractive to build on XDC Network. More