CandleFocus XDC Network on the Brink of Transformative XDC 2.0 Mainnet Launch
2024-09-30
Author: Content Editor
The XDC Network is gearing up for its highly anticipated mainnet upgrade, XDC 2.0, which will bring improvements in security, efficiency, and user experience. One key feature of this upgrade is the enhanced consensus mechanism that requires masternodes to lock a significant amount of XDC tokens, increasing network security. Transaction fees on the network will also rise, but this will lead to higher rewards for masternode operators, encouraging more participation and enhancing decentralization and security. The upgrade also incorporates technical improvements, such as the implementation of Ethereum-based proposals, to boost transaction efficiency and network security. Transitioning to XDC 2.0 is designed to be straightforward for network users and node operators. Overall, the upgrade is expected to strengthen the XDC Network's position in the blockchain ecosystem by providing a more secure, efficient, and transparent environment for its users.
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