XDC Network (XDC): how it works, supply and reviews
In short
- Type
- Layer-1, EVM-compatible hybrid blockchain with public chain and private subnets
- Maximum supply
- No maximum supply; about 37.5 billion XDC were pre-mined at genesis and new XDC is minted as block rewards
- Risks and caveats
- Block production depends on 108 masternodes; if 75% or more colluded they could censor transactions or halt block production.
- Checked
- 31 October 2026
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Key facts
- Ticker
- XDC
- Official site
- xdc.org
Key facts checked on 31 October 2026 against official sources.
What is XDC Network
XDC Network is an EVM-compatible layer-1 blockchain aimed at trade finance and real-world asset tokenization, secured by XinFin Delegated Proof of Stake (XDPoS) with 108 masternodes. XDC is its native token, used for transaction fees and masternode staking.
Network and consensus
| Parameter | Details |
|---|---|
| Type | Layer-1, EVM-compatible hybrid blockchain with public chain and private subnets |
| Consensus | XinFin Delegated Proof of Stake (XDPoS) 2.0; token holders vote for masternodes, which propose blocks in turn with BFT finality |
| Block time | About 2 seconds; finality in about 6 seconds (3 blocks) |
| Validators | 108 masternodes, each staking 10 million XDC, plus about 130 standby nodes |
| Launched | Mainnet launched on 1 June 2019 |
Supply and issuance
| Parameter | Details |
|---|---|
| Maximum supply | No maximum supply; about 37.5 billion XDC were pre-mined at genesis and new XDC is minted as block rewards |
| Initial distribution | Of the 37.5 billion genesis XDC: founders/team 40% (3% annual unlock), ecosystem development 27%, pre-placement 27%, contingency fund 6% |
| Issuance | 10% of emissions go to the foundation for development and ecosystem activities |
On 2025-08: 16,600,000,000 XDC in circulation, 38,000,000,000 XDC in total (source: XDC MiCA white paper (approximate figures, August 2025)).
What XDC is used for
- Transaction fees (gas) on the XDC Network
- Masternode staking (10 million XDC per masternode) and delegated voting for masternodes
- Settlement and payments for applications and linked private networks
Who develops and governs XDC Network
- Company
- XinFin Fintech Pte. Ltd. (Singapore), incorporated in June 2017, is the original developer and the offeror in the MiCA white paper
- Headquarters
- 111 North Bridge Road, #08-04, Peninsula Plaza, Singapore 179098
- Founders
- Atul Khekade and Ritesh Kakkad
- Foundation
- XDC Foundation, formed in mid-2021 through a grant from XinFin to support ecosystem growth
- Governance
- XDCDAO (formerly DAOFIN), created in 2023, governs ecosystem development and grant decisions
History
| Date | Event |
|---|---|
| 2017 | XinFin Fintech is incorporated in Singapore (June 2017) and the XDC Network project begins. |
| 2018 | A public token sale is held through the XDCE ERC-20 proxy token, swappable 1:1 for native XDC. |
| 1 June 2019 | XDC Network mainnet launches and XDCE is swapped 1:1 for native XDC. |
| 2021 | The XDCE contract is retired and the XDC Foundation is established. |
| 2024 | XDC 2.0 upgrade introduces HotStuff-based consensus with 6-second deterministic finality. |
Security and audits
- The XDC MiCA white paper lists audits of the XDPoS consensus by ChainSecurity (2020), of the XDPoSChain infrastructure by SlowMist (April 2021) and of the XDC 2.0 upgrade by CertiK (2023).
- No security incident on the XDC mainnet is described on the official pages checked.
Security incidents
Incidents are reported by third parties (press, incident databases) but are not confirmed in the company’s own channels, so none is listed here.
Risks and caveats
- Block production depends on 108 masternodes; if 75% or more colluded they could censor transactions or halt block production.
- 40% of the genesis supply (15 billion XDC) went to founders and team, unlocking at 3% per year.
- There is no maximum supply; new XDC is minted as block rewards.
- Running a masternode requires staking 10 million XDC.
Official links
- Website: xdc.org
- Docs: docs.xdc.network
- Whitepaper (technical): xinfin.org/docs/whitepaper-tech.pdf
- MiCA white paper: xinfin.org/docs/xdc-mica-whitepaper.pdf
- Source code: github.com/XDC-Community
- XinFin: xinfin.org
- Developer forum: www.xdc.dev
Questions and answers
What is XDC Network?
XDC Network is an EVM-compatible layer-1 blockchain focused on trade finance and real-world asset tokenization, run by 108 masternodes under XDPoS consensus.
What is the supply of XDC?
XDC has no maximum supply. About 37.5 billion XDC were pre-mined at genesis; in August 2025 total supply was about 38 billion and circulating supply about 16.6 billion.
Who created XDC Network?
XDC Network was developed by XinFin Fintech Pte. Ltd. of Singapore, co-founded by Atul Khekade and Ritesh Kakkad; the XDC Foundation was formed in 2021.
When did XDC mainnet launch?
The XDC Network mainnet launched on 1 June 2019, when the XDCE ERC-20 token was swapped 1:1 for native XDC.
How does XDC consensus work?
Token holders stake XDC to vote for masternodes, which take turns proposing blocks; XDPoS 2.0 gives finality in about three blocks.
Sources
- XDC Network — Home
- XDC Network — History
- XDC Network — Six years of live mainnet
- XDC Docs — Home
- XDC Docs — XDC architecture
- XinFin — XDC MiCA white paper (PDF)
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