Post
Topic
Board Announcements (Altcoins)
Re: XinFin [XDC] Connecting Blockchain to the real world through IoT
by
supersnips
on 25/04/2018, 17:19:09 UTC
When all the other crypts have a substantial increase but it's not with XDCE, does this project you think would be good with Total coins: 100,000,000,000. I was hesitant to buy this token.


Hey amrulshare,

 Why does XinFin has a huge combined supply of 100 Billion coins for XDC/XDCE?
Proof of Work driven public networks consume huge amount of electricity, have high transaction costs and has huge latency times. This makes them unsuitable for any real world mission critical applications. In the long term, a 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 100 Billion tokens, most will be staked and locked for running masternodes, private subnetworks and various financial applications. Also the tokens have release schedule.



On Apr 26, 2018 from 11 am to 12 pm CT. Webinar with Xinfin CTO Kharan Bharadwaj, RamcoSystems Global Head - Supply Chain & Logistics Business Unit and Blockchain Advisor and Consultant David Freuden. Check out: https://twitter.com/XinfinF/status/984459306274713600