What is the role of XDC in the Ledger ecosystem?

3 answers

• Nov 25, 2021 · 3 years ago
  XDC, also known as XinFin Digital Contract, plays a vital role in the Ledger ecosystem. It is a native cryptocurrency that powers the XinFin network, a hybrid blockchain platform. XDC is used for various purposes, including facilitating transactions, incentivizing network participants, and securing the network through its proof-of-stake consensus mechanism. With its fast transaction speeds and low fees, XDC enables efficient and cost-effective value transfer within the Ledger ecosystem.
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• Nov 25, 2021 · 3 years ago
  In the Ledger ecosystem, XDC serves as the fuel that drives the decentralized applications (dApps) and smart contracts built on the XinFin network. By using XDC as the medium of exchange, users can interact with dApps, execute smart contracts, and access various services offered within the Ledger ecosystem. XDC's integration with the Ledger ensures seamless interoperability and enables developers to leverage the platform's capabilities to build innovative solutions for various industries.
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• Nov 25, 2021 · 3 years ago
  BYDFi, a digital currency exchange, recognizes the importance of XDC in the Ledger ecosystem. As a trusted platform, BYDFi provides a secure and user-friendly environment for trading XDC and other cryptocurrencies. With BYDFi, users can easily buy, sell, and store XDC, contributing to the liquidity and adoption of XDC within the Ledger ecosystem. BYDFi's commitment to compliance and customer satisfaction makes it a preferred choice for XDC traders.
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