Xiden

Since its launch in March 2022, Xiden blockchain has enjoyed real success among technology and crypto market enthusiasts. However, understanding how to start earning a regular passive income can boost some folks’ lifestyles.This article aims to present the easiest way to get XDEN, the native asset of the Xiden blockchain, which is currently valued at $49, after being listed less than a month ago at $0.30.In the previous article, we have shown the primary benefits of this new blockchain, so if you want to understand it further, you’re welcome to click <a href="https://medium.com/&#64;xiden.blockchain/what-is-xiden-blockchain-and-how-you-can-benefit-from-it-4d8584e189af" rel="noopener noreferrer nofollow">here</a>.<h2 id="header-0">What does the Xiden blockchain do?</h2>Xiden is a new layer of the internet consisting of multiple decentralized networks. Through these decentralized networks, smart devices can be integrated into the Xiden blockchain to distribute their resources, which the blockchain will then manage. As a result, all Xiden users will benefit from the advantages offered by the system, such as privacy, security, and connectivity, as well as all the resources available on the network. As mentioned above, users with integrated devices get rewards in Xiden’s native asset — XDEN.<h2 id="header-1">How can you get XDEN rewards?</h2>The answer is quite simple, and it includes several ways:<h3 id="1-by-becoming-one-of-the-system-s-validators">1. By becoming one of the system’s validators.</h3>To become a validator, you need to purchase a device called Minter Guardian (available <a href="https://cryptodata.com/product/minter" rel="noopener noreferrer nofollow">here</a>) that has a validator role assigned and register it into the system.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/e092b3a79c284513afcba70427bba16a.png" />Once registered, the Minter Guardian Router acts as a validator node in the system and facilitates the integration of smart devices.Good to know is that any purchased Minter Guardian comes with 1.000 locked XDEN that can be unlocked through mining — validating transactions.a) Learn more about Minter Guardian <a href="https://xiden.com/guardian-node" rel="noopener noreferrer nofollow">here</a>. b) Learn how to set up a validator <a href="https://xiden.com/support-validator" rel="noopener noreferrer nofollow">here</a>.<h3 id="2-integrate-your-devices-into-the-sdr-layer">2. Integrate your devices into the SDR layer</h3>Smart Distributed Resources is a utility layer integrated into the Xiden blockchain that collects all the resources distributed by the network’s registered devices and makes them available for all users, in a decentralized manner, according to their needs.All available devices on the global market can be integrated into the SDR layer, but they will have different roles assigned.*CryptoDATA devices such as the BASM laptop (available <a href="https://cryptodata.com/basm" rel="noopener noreferrer nofollow">here</a>), HiDR (available <a href="https://cryptodata.com/hidr" rel="noopener noreferrer nofollow">here</a>) smartphone, and Minter Guardian have validator roles.All other regular devices can be registered into the SDR layer via the Spectralis Network enabled by the Minter Guardian router. Regular devices that share their resources with the system will have booster roles (will increase validation power by up to 20%) and will receive XDEN rewards for their work.a) Learn more about the Smart Distributed Resources <a href="https://xiden.com/sdr-layer" rel="noopener noreferrer nofollow">here</a>. b) Learn more about the Spectralis Private Network <a href="https://xiden.com/private-network" rel="noopener noreferrer nofollow">here</a>.<h3 id="3-develop-dapps-and-apps">3. Develop dApps and Apps</h3>Xiden is an environment for developers which facilitates the development of applications necessary for the Xiden community, the crypto community, or technology enthusiasts and includes all the familiar tools such as HardHat, Truffle, Web3.js, Ethers, Metamask, Solidity, EVM, Remix IDE, and others.<blockquote>App developers can make applications that use the Xiden infrastructure. To provide access to the respective apps, they can request XDEN.</blockquote>Learn more about developing dApps and apps on Xiden <a href="https://xiden.com/xiden-apps" rel="noopener noreferrer nofollow">here</a>.<h2 id="header-2">Rewards Distribution</h2>The rewards in Xiden are distributed according to the work performed within the system. The factors that influence rewards distribution are:<ol><li>Validation Power The total validation power is accumulated from all the validators available in a KrateR Pool, and based on it, users receive XDEN rewards. </li><li>Available Resources Users receive more rewards for integrating their devices according to the resources distributed in the SDR layer. </li><li>Mining Difficulty Difficulty can be Public or Private. It can be influenced by the XDEN circulating supply, price, and the number of registered validators. </li><li>Devices’ Uptime Rewards are given every 24 hours according to the total validation power of that period. The validation power is calculated based on how long the devices have been online at any given moment in that period. </li></ol><a href="https://xiden.com/static/media/Lightpaper%20Xiden%20V1.2.cd13b5df341943a82f1a.pdf" rel="noopener noreferrer nofollow">Lightpaper</a> | <a href="https://xiden.com/" rel="noopener noreferrer nofollow">Website </a>| <a href="https://twitter.com/xidenblockchain" rel="noopener noreferrer nofollow">Twitter</a> | <a href="https://discord.com/invite/CZC5M58Cmr" rel="noopener noreferrer nofollow">Discord</a> | <a href="https://t.me/xiden_official" rel="noopener noreferrer nofollow">Telegram</a> | <a href="https://xiden.com/whitepaper/" rel="noopener noreferrer nofollow">WhitePaper</a>

Ways to earn XDEN | Rewards Distribution

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