XDB CHAIN

XDB is the native coin of the XDB CHAIN and also functions as an RWA. Known as the technology that "empowers the brands and consumers of the future," XDB CHAIN (XDB) operates as a protocol layer blockchain. The platform is designed to facilitate the quick and cost-effective transfer of consumer digital assets like branded currencies, non-fungible tokens (NFTs), stablecoins, and more.

XDB CHAIN asserts that its infrastructure is decentralized, open-source, and user-friendly. The network is composed of interconnected "XDB CHAIN cores," which are operated by individuals and organizations worldwide, much like blockchain nodes. With XDB CHAIN, users can develop payment tools and devices. They can launch their digital assets on the XDB CHAIN network by integrating assets with apps from the app store. Tokenization can help brands engage with their audience more effectively.

The goal of XDB CHAIN is to promote the project to the general public by easing the liquidity of digital assets and integrating them with existing user applications. XDB CHAIN streamlines asset tokenization through transactions and a trading layer within the point economy.

The project is derived from the Stellar protocol, adopting the core features and capabilities of the latest Stellar network (version 19), which include the token certification service and on-chain trading (DEX).

XDB CHAIN was established by Daniele Mensi.

What Sets XDB CHAIN Apart?

This project continues to stand as one of the swiftest blockchains in the crypto sector. As a derivative of the Stellar (XLM) blockchain, XDB CHAIN provides an enterprise-grade blockchain with a focus on brands and business applications.

The XDB CHAIN ecosystem includes features such as a decentralized exchange (DEX) that facilitates the tokenization and transfer of digital assets, matching buyers and sellers of digital assets through an order book, and enabling cross-asset payments and conversions for parties wishing to transact in various currencies.

XDB CHAIN claims several benefits: it boasts a high processing speed of 10,000 transactions per second (TPS), with plans to increase this to 1.19 million with the launch of a layer 2 solution currently in testing. It prioritizes eco-friendliness as a key aspect of Web 3.0, aiming to build a sustainable and environmentally-conscious blockchain network. The network offers enterprise-level functionality, providing innovative tools for organizations to engage with their customers.

XDB CHAIN currently has 17,197,670,082 coins in circulation, with a strategy to reduce this to a target of 10 billion XDB coins over time. This reduction is facilitated by a dual system called BCO (branded coins) and BBB (buz back and burn), which introduces a deflationary mechanism linked to product integrations and utility.

The primary purposes of the XDB token include:

Access and security authentication — To confirm accounts and their legitimacy on the platform, 10 XDB coins are required, and at least 10 XDB accounts must be retained and locked before sending functions are enabled. To prevent suspicious activities, a transaction fee of 0.00001 XDB is charged per transaction.

Payments and transaction fees — XDB facilitates fast and low-cost transactions, with a fee of 0.00001 coins for each network transaction. It also acts as an intermediary token for trading pairs of digital assets lacking a substantial direct market.

The network achieves consensus through the Federated Byzantine consensus mechanism, which means that in terms of security, XDB CHAIN operates similarly to Stellar. It utilizes a Federated Byzantine Agreement (FBA) split across application, bridge, federation, and compliance servers.

You can find XDB CHAIN (XDB) on exchanges such as KuCoin, Gate.io, MEXC, CoinDCX, and Bitrue.

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