XDC Network, created by XinFin is a smart contract that relies on a system of 108 Masternodes with XinFin Delegated Proof of stake (XDPOS) consensus mechanism. It has low transaction fees and 2-second transaction confirmation. XinFin is EVM compatible and scalable public blockchain, therefore allowing developers to deploy their Ethereum smart contracts on XDC Chain easily. It is an enterprise ready hybrid blockchain for global trade and finance.
XDC is the native cryptocurrency for XinFin Network. It is used for paying transaction fees, staking, and smart contract operations.