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Answers & guidance

XDC Network FAQs

Understand the network, XDC utility, development, token standards and enterprise use cases.

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Frequently asked questions

What is the XDC Network?

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.

What makes the XDC Network different from other blockchains?

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.

What are the main use cases of the XDC Network?

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.

What is the XDC token used for?

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.

Is the XDC Network EVM compatible?

Yes, the XDC Network is fully EVM compatible, allowing developers to deploy Ethereum-based smart contracts and tools with minimal or no modification. Developers should still test network configuration, RPC behavior and application dependencies.

How fast and cost-efficient is the XDC Network?

XDC’s consensus overview describes approximately six-second finality and low transaction fees. A block interval is different from finality, and transaction costs depend on execution requirements and current network parameters.

Who can build on the XDC Network?

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

How can developers get started with XDC Network?

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

Is the XDC Network suitable for enterprises and institutions?

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

What is ISO 20022?

ISO 20022 is an international standard for financial messaging. It provides a shared model for exchanging financial information, including cross-border payment instructions. A messaging integration does not itself make a blockchain or token a certified financial product.

What is a Masternode on the XDC Network?

Masternodes are operated by third parties, and one operator may run multiple nodes. XDC’s FAQ describes validator, standby and archival roles and records that XinFin Fintech originally established three nodes to help start the network. Current node roles, requirements and operator information should be checked in the node documentation.

Can I create my own token on the XDC Network?

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.

Where can I find SDKs and other developer resources?

The official XDC documentation provides SDKs, integration resources and development guidance. It is a starting point for application, wallet and node development.

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Where can I find official updates and community channels?

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

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SOURCE & CONTEXT

Content carried forward from XinFin’s public website and linked primary sources. Historical material is identified where applicable.

Source record Editorial methodology