XinFin’s XDC Blockchain Network — The New Ethereum Killer?

• 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”.

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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