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The most recent Metamask code is now included with XDCPay 2.0.● Beta version of the XDCPay browser extension wallet is available for testing within the XDC Community.
BlocksScan, the technological firm that delivers high quality blockchain solutions has added the contributions towards XDC Network Ecosystem with the successful upgradation of XDCPay 2.0. Notably, XDCPay 2.0 has been upgraded with the most recent MetaMask code with user-friendly UI and global standard to support the CBDC. Digital wallets like XDCPay can be used as the interface for users to send or receive payments of CBDCs to other users or business units. The CBDC systems can adopt the new XDCPay digital wallets which can support P2P (Peer-to-Peer) mode and P2M (Peer-to-Multi peer) mode at the user end. The P2P and P2M modes would guarantee the security of transfer as well as the privacy of users in any transactions.
The beta version of the XDCPay browser extension wallet is currently accessible for testing inside the XDC Community. The XDCPay extension provides access to XDC Network’s XDPoS-enabled distributed applications. The extension injects the XDC’s XDPoS web3 API into every website’s Javascript context, allowing dApps to read from the blockchain. Also, the XDCPay extension allows users to create and manage their own identities.
XDCPay2.0 Moving Towards Global Standard
The latest upgrade in XDCPay 2.0 has enhanced the wallet to the global standard that is CBDC Compatible and user friendly. The upgraded version involves fixing of submitting incorrect passwords on the reveal seed phrase screen, password verification on requesting seed phrase, timing-reliant network controller test, connection removal bug, no-case-declarations, import/extensions, import/order, and the radix. In renowned browsers such as Brave, Google Chrome, Firefox, and Opera, the upgraded XDCPay2.0 Beta browser extension is now available for download.
With its numerous technological contributions to the web3 ecosystem, 2022 was a successful year for BlocksScan. Evidently, BlocksScan made a significant contribution to the improvement of the XDC Network in Andromeda. Moreover, the integration of the XDC Network with a variety of dApps such as Ledger, MyEtherWallet, MyCrypto, DCent, Sourcify, Guarda Wallet, and TradeTrust, and the creation of a decentralized storage infrastructure for XDC like StorX Drive are the major achievements of BlocksScan, whereas they also offer explorer for other EVM compatible blockchain networks.
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FAQs
The XDC token is the base utility token of the XDC hybrid blockchain. This token functions as a currency to settle transactions of dApps built on the XDC hybrid blockchain. The XDC token can be currently acquired from various exchange platforms like KuCoin, Bittrex, Bitrue, Bitfinex, etc.
Is XDC a CBDC? ›
XDC, XinFin's native cryptocurrency, is designed for enterprise-grade use cases. While not directly related to CBDCs, XDC's scalable and interoperable blockchain architecture provides opportunity for governments looking into digital currency solutions.
What is XDC going to be used for? ›
XDC Network is a high-performance blockchain platform built for enterprise use in trade finance and asset tokenization. It uses the XinFin Delegated Proof of Stake (XDPoS) consensus mechanism, which involves validators performing a small amount of Proof of Work (PoW) when proposing a new block to achieve consensus.
Is XDC a layer 1? ›
XDC blockchain is the layer-1 enterprise-ready open-source blockchain with interoperable smart contracts, military-grade security, double validation and near-zero gas fees.
What wallet can store XDC? ›
Choose from MyCrypto wallet, Guarda wallet, or Math Wallet. You can download one of these software wallets on mobile and desktop and connect your hardware wallet while keeping them safe with a Ledger device.
Why can't you buy XDC? ›
Unlike Bitcoin, Ethereum or many other altcoins, XDC is only available from a limited number of crypto exchanges.
Will CBDC replace cash? ›
Will a U.S. CBDC replace cash or paper currency? The Federal Reserve is committed to ensuring the continued safety and availability of cash and is considering a CBDC as a means to expand safe payment options, not to reduce or replace them.
Is the United States going to digital currency? ›
U.S. President Joe Biden ordered officials to look into a digital dollar in 2022 but it has become a divisive political issue with Biden's Republican rival in this year's U.S. election race, Donald Trump, vowing not to allow it.
What coin will CBDC use? ›
A U.S. CBDC would be, simply, another form of the U.S. dollar. Dollars come in many forms already — physical cash, digital cash (such as digital wallet payment apps), and credit (credit cards, loans, etc.).
Can an XDC reach $100? ›
Will XDC Hit $100? No, considering the current fundamentals and market trends, reaching the $100 mark before 2030 is nearly impossible. While it's difficult to predict the precise future price of any cryptocurrency, the likelihood of XDC hitting $100 in the foreseeable future is relatively low.
USD to XDC
| Amount | Today at 5:46 pm |
|---|
| 50 USD | 1,411.85 XDC |
| 100 USD | 2,823.70 XDC |
| 500 USD | 14,118.49 XDC |
| 1,000 USD | 28,236.98 XDC |
4 more rowsXDC Network was the first blockchain to join the Global TFD Initiative - a consortium of major global financial institutions and leading service providers such as ABN AMRO, Santander Asset Management, ING Bank, SMBC, ANZ, Commonwealth Bank of Australia, Texel Group, NN Investment Partners, and more.
Which is better XRP or XDC? ›
What is the difference between XDC and XRP? XDC has a faster transaction speed and is more scalable than xrp. However, xrp is more widely accepted and has a larger user base. Xrp is the native coin of the Ripple network and is used to facilitate cross-border payments.
Is XDC a fork of Ethereum? ›
A highly optimized, bespoke fork of Ethereum, the XDC Network reaches consensus through a delegated proof-of-stake (XDPoS) mechanism, which allows for two-second transaction time, near zero gas fees, and over 2,000 transactions per second (TPS).
What network does XDC use? ›
The XinFin Network is a hybrid blockchain platform that combines the power of public and private blockchains with interoperable smart contracts. The XDC Network refers to the native blockchain of the XinFin ecosystem, utilizing XDC as its utility token.
Is XDC an ERC20 coin? ›
The XDC Token is an ERC20 token that is minted on the Ethereum blockchain.
Is XDC on Ethereum? ›
A highly optimized, bespoke fork of Ethereum, the XDC Network reaches consensus through a delegated proof-of-stake (XDPoS) mechanism, which allows for two-second transaction time, near zero gas fees, and over 2,000 transactions per second (TPS).
Is XDC part of ISO 20022? ›
XDC Network (XDC)
XDC is the platform's native cryptocurrency used for transactions and governance. By embracing the ISO 20022 standard, XDC Network aims to enhance its interoperability with traditional financial systems and provide a standardized framework for secure and efficient cross-border transactions.
