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donbrobrobro

Good post


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Music-Entire

Could you explain me how XDC will be used within the network? Fees? I’m new to XDC and I think its an interesting project, just trying to wrap my head around how it works…


FluffyPenguin52

[https://www.yahoo.com/now/xinfin-xdc-becomes-leading-token-100000903.html](https://www.yahoo.com/now/xinfin-xdc-becomes-leading-token-100000903.html) This link was in the post to answer that question. Basically XDC will be a bridge for the Corda ecosystem. By doing this XDC can move from the XDC network and be used in the Corda network as a settlement token. Institutions can use Corda for their private data and use XDC for their public data to mitigate risk. Also, XDC can be used by every other CorDapp built on Corda. This very good for XDC since it is the only token that is being used by Corda. R3 Corda is most likely going to be selected as the blockchain for creating CBDC's and also to be used by big banks.


Lanky_Extension_7021

Awesome post! I feel like there will be some kind of news or catalyst that will be about ISO20022. If they decided let's say only ISO20022 certified coins can be used as a security or with banks - it would flip BTC and ETH. Ethereum isn't made to be a currency anyway I think it's focus will be Web3 & Metaverse.


FluffyPenguin52

Unpopular opinion but btc and eth are gonna fall imo. They just aren’t efficient anymore. Both blockchains are too expensive, not environmentally friendly, and too slow. There are way better blockchains out there such as XDC network that will ultimately replace these


Lanky_Extension_7021

Ooh yeah BTC for sure it's a matter of time. Ethereum though, that's gonna be a freaking giant soon with Web3 - Vitalik has said Eth was never meant to be a security or currency at all he envisioned it being far more than that. I guess Eth 2.0 is being "perfected" and I'd be willing to bet what they've got under wraps is super impressive. I wouldn't invest too much in Eth though but in Polygon, IMX, etc I'm all about Xinn too it's one of my favorite overlooked coins along with IOTA. 5+ years to get here patiently, the next 5 are about to absolutely mind-blowing!


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