XinFin XDC Network has Successfully Launched a Futuristic Andromeda Upgrade
December 02 2021 - 12:14PM
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XinFin is one of the most popular networks with millions of users
connected all over the world. Its native major upgrade has gone
live. XDC token ranks as the fastest-growing cryptocurrencies in
the marketplace till today. With such popularity in the market,
XinFin XDC Network was proudly released on 2nd December 2021. The
XDC network successfully launched its delegated XDPoS consensus
protocol at block number 38383838. The network thanked community
members for their support to update to the current version.
Congratulations @XinFin_Official community.đ âAndromedaâ XDPoS
upgrade successfully updated at block 38383838. We thank the
community for all the support. The upgrade is the result of years
of study & development by protocol scientists & Ph.D.
professors. pic.twitter.com/RH3M5KZtV6 â XinFin (@XinFin_Official)
December 2, 2021 Interestingly, this special update is marked as
Andromeda, named after the galaxy by the community. Through this
upgrade XDC network brings in unique features supportive to its
users and to the community. In addition, the activation of
this incompatible protocol requests the users to agree for
the Andromeda update to be a part of the XinFin XDC network.
Undoubtedly, there are few energetic and brilliant minds supporting
this special upgrade to the network. The upgrade is the result of
years of study & development by protocol scientists & Ph.D.
professors. Including Pramod Viswanath, Gerui Wang, Fisher Yu,
Jerome Wang. Significantly, Andromeda update is planned and brought
in to develop and expand the XDC network in the competitive market.
Thus, let us revise all of its innovative features added to XinFin
XDC Networkâs Mainnet. The special benefit of the Andromeda update
is, it will support the move of Ethereumâs EVM -compatible projects
to XinFin network. Through this, XinFin developers will be powered
to use the code from any EVM chains without any external
transformations. In addition, it includes nearly zero gas fees, 99%
low consumption of energy compared to PoW networks. Another fact is
as the innovative upgrade is built upon the advanced BFT consensus
protocol, it ensures the XDC network with a super power of
military-grade security. Also the active performances in the
network consumes low resources through the fully backward
incompatible feature in terms of APIs. Thus, leading the XDC
network to wave its flag high in its future evolution. Moreover,
this important Eth_chainId feature guards the system with
100% security protecting the repetitive transaction processes. As a
notable function, the military-grade security is associated with
forensic monitoring which removes the detected bad nodes in the
network. Thus, this increases the master node owner benefits which
results in these nodes joining the Mainnet system of XDC Network.
Recently many projects started to position with XinFin XDC Network.
As it gains a benefit in competing the XDC network over Ethereum
network. On XDC Network, two new DEXes are about to be released,
listing all the XRC20 Tokens. Currently the XinFin network holds
500+ contracts and 1 million active wallets as per the Block
Explorer. Further, after the upgrade the XinFin XDC network will
continue to render its support extending the present public ledger
from the XDPoS1.0 version. Along with APIs to default browsers,
exchanges and wallets will be modified into a fully backward
compatible network. As an additional benefit, the transaction fees
will be transferred to the ownerâs address instead of the coinbase
or minerâs address. Hence, this Andromeda upgrade is more
transparent, increasing the trust and safety for both the network
and the token. Thus, it creates a hype to choose XDC as a long term
asset grabbing the entire investors community. As the crypto market
is unpredictable, price fluctuations remain the same. But, through
this massive update, XDC network will be empowered to be a strong
competitor for Ethereum overcoming all major challenges in the
industry. XDC coin which powers the xinfin network trading at $ 0.9
with various exchanges like kucoin, bitfinex, gate.io and bittrex
as per coinmarketcap data.
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