XDC Network FAQs

The XDC Network is an open-source, enterprise-grade Layer 1 blockchain designed to support smart contracts, decentralized applications, and tokenization of real-world assets with high performance and low transaction costs.

The XDC Network combines EVM compatibility with fast finality, low fees, and a hybrid architecture, making it suitable for both public decentralized applications and enterprise-level financial use cases around tokenization and cross border Payments.

Key use cases include real-world asset tokenization, trade finance, regulated stablecoins and payments like Circle’s USDC, institutional DeFi, supply chain solutions, and enterprise blockchain applications.

The XDC token is used to pay transaction fees, secure the network through validator participation, and enable settlement and value transfer across applications built on the XDC Network.

Yes, the XDC Network is fully EVM compatible, allowing developers to deploy Ethereum-based smart contracts and tools with minimal or no modification.

The XDC Network offers fast block finality (6 seconds) and consistently low transaction fees, making it suitable for high-volume and enterprise-grade applications.

Developers, startups, enterprises, and financial institutions can build decentralized applications, tokenization platforms, and blockchain-based services on the XDC Network.

Developers can get started by accessing official documentation, developer tools, SDKs, and open-source repositories provided by the XDC ecosystem.

Yes, the XDC Network is designed with enterprise and institutional requirements in mind, including scalability, interoperability, and compliance-friendly infrastructure.

ISO 20022 is an international standard for financial messaging that financial institutions will migrate to as a common language for cross-border payments messaging.

The XDC Network’s operation relies on Masternodes which are operated by third parties. Some operators have set up multiple Masternodes; XinFin Fintech operates three Masternodes which it set up originally to run the Network at inception. Each Masternode falls into one of three subcategories: Validator, Standby, or Archival.

As an EVM-Compatible, Layer1 blockchain with smart contracts, the XDC Network can support a large collection of token standards. These include XRC20, XRC721, and XRC1155 imported from Ethereum as well as native standards that allow you to deploy and handle multiple types of tokens within your smart contracts. The tokens can act as units of account for applications that reside on the XDC Network.

The XDC Community documentation is a great resource for all your development needs. SDKs specifically can be found here.

Official updates, announcements, and community discussions are available through XDC Network’s website, social media channels, developer forums, and community platforms.