Mon, November 18

XDC Network (XDC): Gained the Most This Week

XDC Network (XDC): Gained the Most This Week Altcoin News
  • XDC is the blockchain network used by the newly launched SuperBullsNFT.
  • The SuperBullsNFT elected to auction off its first-ever NFT, the ‘Golden Bull.’

The XinFin XDC network has established itself as a single blockchain platform that can be used for a variety of blockchain services. A new initiative just launched on its network takes use of its network to expand into the Non-Fungible Token (NFT) arena. The previous week’s technical issues have been fixed, and XinFin is now trading at two-week highs.

To maintain consensus, the XinFin network uses about 0.0000074 TWh of power, while the Bitcoin and Ethereum networks are said to need 71.12- and 20.61-TWh of electricity, respectively, according to the company.

With XinFin, users can host a masternode on even the most basic consumer-grade PC, making it accessible to everyone and boosting decentralization. Prior to participating in consensus, public masternode holders using XDPoS must first undergo an identity verification process known as self-KYC. As a result, transactions may be completed in less than two seconds with almost no transaction costs.

SuperBullsNFT Launched

XDC is the blockchain network used by the newly launched SuperBullsNFT. Thus implying that all of their NFT pricing is in XDC. Despite revealing these NFTs, the SuperBullsNFT elected to auction off its first-ever NFT, the ‘Golden Bull.’

XDC/USDT: Source: TradingView

Aside from having a highly scalable blockchain. SuperBullsNFT claims that the XDC network is the fastest and safest network available. The SuperBullsNFT appreciates the XDC network’s cheap transaction costs as a further point of admiration. According to CoinMarketCap, today’s XDC Network price is USD 0.099423 with a 24-hour trading volume of USD 11,159,789.

An engineering graduate who is passionate about writing and loves the very existence of crypto. Trading forex currency keeps me busy when I am not writing and analysing the crypto world.