XinFin Community Decides to Burn 500 Million XDCE Tokens Supply.https://medium.com/xinfin/xinfin-community-decides-to-burn-500-million-xdce-tokens-supply-990201b96286XinFin RoadMap For 2021: Wallet, Custodian Integration, XDC Rapid Adoption.https://medium.com/xinfin/xinfin-roadmap-for-2021-wallet-custodian-integration-xdc-rapid-adoption-ec3e2f7e43efXinFin Community Decides to Burn 200 Million XDCE Tokens Supply.https://medium.com/xinfin/xinfin-community-decides-to-burn-200-million-xdce-tokens-supply-2a8dcafaf1b3XinFin: Update on XDCE Token and AlphaEx.https://medium.com/xinfin/xinfin-an-update-on-xdce-token-and-alphaex-df2f852be7caXinFin Community Decides to Burn 300 Million Partial XDCE Tokens Supply.https://medium.com/xinfin/xinfin-community-decides-to-burn-300-million-partial-xdce-tokens-supply-c3740241180fXinFin Co-Operating with AlphaEx on Hot-Swap Wallet Hack on AlphaEx Exchange.https://medium.com/xinfin/xinfin-co-operating-with-alphaex-on-hot-swap-wallet-hack-on-alphaex-exchange-2c40203508bXinFin Community Decides to Burn Partial XDCE Tokens Supply.https://medium.com/xinfin/xinfin-community-decides-to-burn-partial-xdce-tokens-supply-b68adc5ec9f8 TradeFinex Is Already Launched
The primary objective of XinFin is to minimize the global infrastructure deficit by enabling peer-to-peer financing between Governments, corporations, buyers, and suppliers to make efficient use of capital and deploy projects. TradeFinex platform will help buyers secure capital at globally competitive rates, give suppliers visibility on global tenders & customer base and give financiers real-time visibility on their investments using digitization and IoT integration of their assets. Using the TradeFinex platform governments can undertake critical public infrastructure projects for the economic well-being of the citizens without burdening the treasury. XinFin has rolled out a Beta version of the TradeFinex platform at the 2nd Global Summit on the P2P Digital Asset System Summit held in India. As a part of this association, XinFin will extend its TradeFinex platform to Assocham's network of 300+ trade associations and 450,000 members to minimize inefficiencies in trade and finance. Started with the World's fastest-growing economy. XinFin has already expanded its client base across Singapore, India, the USA, Europe and currently working on 10+ pilot projects across aviation, travel, banking, supply chain management among others. TradeFinex is part of Blockchain in Trade
white paper released in Geneva by the World Trade Organization & International Chamber of Commerce, two of the biggest organizations in global trade.
● XDC Specifications
XinFin (XDC) has derived a fork out of Ethereum blockchain to enable the following features :
Specifications- Hashing Algorithm: same as in Ethereum, keccak-256
- Dev Language : Go, Java, NodeJs
- Block time: 2 seconds
- Type: XDPoS
- Difficulty re-targets each block
- ERC 20 compliant token to evolve into its own XDC01 standard with security and scalability
- Fully Auditable
- One coin is divisible down to 5 decimal places (divisible up to 10-5)
- Total coins: 37,500,000,000 XDC
- Pre-mine : 100% (80% in Escrow)
Features- Gerant Nodes/Master nodes for quick processing
- Lite Nodes/Wallet
- Multi-Sig Contracts
- API connectivity to IoT devices
- Lowest latency times upto a few seconds
- Hybrid Public/Private architecture with connectivity to Ethereum and Bitcoin public blockchains
XDC Explorer:
https://explorer.xinfin.network● What is XDCE?
XinFin moved 15 Billion XDC tokens (out of 37.5 Billion Max supply of XDC tokens) to a swappable token under the ticker, XDCE, which stands for XinFin ERC20. This 15 Billion XDCE token supply will allow a 1:1 swap for all existing 15 Billion XDC tokens out in circulation. All existing holders of XDC tokens will have an option to exercise a 1:1 swap between XDC and XDCE at any point in time. As part of this swap, the user will have to surrender XDC tokens and XDCE tokens, received in lieu of the swap, will be transferred in Ethereum Wallet by the user. Vice versa, a user can swap XDCE tokens purchased from other listed exchanges against XDC tokens using the same 1:1 swap.
Phasing out XDCe - ERC20 Token
XDC Mainnet token is supported by an ecosystem of wallets and exchanges including a tier 1 exchange. Anyone looking to interact with Dapps on XinFin Network can acquire XDC from these markets.
XDCe, ERC20 token which has been pegged to XDC at 1:1 till 6th Dec 5:30 GMT is no longer supported by XDC ecosystem. Anyone holding XDCe with Txhash before 6th Dec 5:30 GMT can swap the XDCe to XDC 1:1 alphaex.net subject to the exchange KYC/AML compliance. The deadline for this swap is 31st March 2021.
So, what's the difference between XDC and XDCE?
XDC has its own token standard called XDC01. XDC is the underlying token for major use on the Tradefinex platform that will be adopted mainly by Financiers, Suppliers, etc to foster industrial and governmental projects.
XDCE will be the liquidity gateway for XDC, that's its main use. Since inevitably speculation and trading on many exchanges factors liquidity, XDCE will be the ERC-20 token for that. The supply of XDCE is derived from XDC so XDCE liquidity equals liquidity for XDC. And they are swappable 1:1.
For further information please have a look at our
FAQ:
https://www.xinfin.org/faq We have sold 3B XDC Tokens during our Pre-ICO in mid-2017. (Hardcap hit)
We also sold 3B XDCE Tokens during our ICO (ended March 2018, Hardcap hit). We raised around 15$ Mil USD.
● XDC Specifications:
Circulating Supply: 6,000,000,000 XDC
Total XDC coins: 15,000,000,000 XDC
● Visit our Team: https://www.xinfin.org/about● Our Advisors: https://www.xinfin.org/aboutRoadmap:https://xinfin.org/roadmapExchanges:The full list of Exchanges can be found here:
https://www.xinfin.ioXDC Exchanges:And many more coming...
XDCE to XDC Swap able here:Wallets Supporting XDCInstitutional Custodian Wallet for XDC● Token Allocation: Allocation to founders, advisors, team members, and community. (15 B) - Locked and not more than 3% released every year.
Ecosystem Development Pool (10 B) - Locked and not more than 2.5% can be released every year
Pre-Placement (10 B) - Locked and Milestone based release
Contingency Supply (2.5 B) - All the tokens are Locked
●
What will be total combine open supply in the market for XDC and XDCE every year? Not more than 2.5% each year in reducing balance from ecosystem Development pool of 15% and not more than 3% each year in reducing balance from 32.5% of masternodes rewards pool which comes around to not more than 1.25B per year added every year.
●
Why does XinFin have a combined supply of 37.5 Billion coins for XDC/XDCE? Proof of Work driven public networks to consume a huge amount of electricity, have high transaction costs and have huge latency times. This makes them unsuitable for any real-world mission-critical applications. In the long term, more practical consensus mechanisms will be built on Stake driven consensus. XinFin network is currently designed on PBFT+stake driven consensus which means participating entities such as masternodes and institutions have to stake their tokens. This simply means that in spite of having 37.5 Billion tokens, most will be staked and locked for running masternodes, private subnetworks, and various financial applications. Also, the tokens have a release schedule.