XDB CHAINXDB CHAIN cena 

XDB

The XDB CHAIN was founded by Daniele Mensi

What Makes XDB CHAIN Unique?

The project was and remains one of the fastest blockchains in the crypto industry. As a fork of the Stellar (XLM) blockchain, XDB CHAIN supports an enterprise-grade blockchain with a focus on brands and enterprise use.

The XDB CHAIN ecosystem offers the following features: a decentralized exchange (DEX) that enables the tokenization and transfer of digital assets; matchmaking between buyers and sellers of digital assets on an orderbook; facilitation of cross-asset payments and conversions for buyers and sellers that want to transact in different currencies.

In August 2022, XDB CHAIN announced an update to its whitepaper, introducing the automated market maker (AMM) model and liquidity pools feature to its DEX. Previously, orders traded against existing orders in an orderbook; with AMM, orders are now executed against existing liquidity pools. The update also includes an adjustment to the tokenomics and allocation of XDB.

XDB CHAIN claims to offer the following advantages: high processing speed of 10,000, this will increase to 1.19 million upon the launch of a layer 2 solution (currently in test)TPS; eco-friendliness is the main direction in Web 3.0, and the sustainability factor is not inherent in every blockchain. However, XDB CHAIN claims to be centered on sustainable methods for building an environmentally-friendly blockchain network; an Enterprise grade blockchain network that offers innovative functionality for organizations to interact with their customers.

XDB CHAIN is the upgraded network of former DigitalBits. It currently has 17,197,670,082 coins in circulation with a commitment to burn tokens up to a target supply of 10 billion XDB coins overtime. This is achieved through a dual system called BCO (branded coins) and BBB (buz back and burn) which create a deflationary mechanism with connection to product integrations and utility. The main purposes of the XDB token are as follows:

Access and authentication as a security feature — 10 XDB coins are requested to confirm accounts and their authenticity on the platform, and at least 10 XDB accounts must be saved and blocked before enabling the sending function. In order to exclude suspicious transactions, a user pays a fee of 0.00001 XDB for each transaction.

Payments and transaction fees — XDB makes fast and low-cost payments, and charges a fee of 0.00001 coins for transactions on the network. XDB also serves as an intermediate token for trading pairs of digital assets that don’t have a large direct market.

XDB CHAIN (XDB) is listed on the following exchanges: KuCoin, Gate.io, MEXC, CoinDCX, Bitrue,

Want to keep track of XDB in real-time? Download the CMC mobile app.

Want to convert the XDB CHAIN price today to your desired fiat currency? Check out the CMC exchange rate calculator.

Read the CMC News to stay up to date with the latest industry news and events.

Read about Stellar (XLM) and XRP (XRP).

Digital identity is coming. Find out more with CMC Alexandria.

Learn more crypto slang with the CMC glossary.