XDC Network Takes Center Stage Amid Solana Network Crash

2 years ago
  • Solana’s (SOL) web crashed for the sixth time.
  • Smart Contract Developers are present eyeing alternate blockchain networks LUNA, BSC and XDC Network

The crypto satellite continues to make its exertion to supply the champion blockchain acquisition to each its users successful the space. However, sometimes owed to unavoidable circumstances, problems hap unexpectedly. This time, Solana (SOL) experienced a web clang for the sixth time. As a result, the crypto assemblage cannot halt reasoning if SOL volition person the aforesaid religion arsenic EOS.

This Solna Network Crash made writer and crypto enthusiast Mark Jeffrey respond successful a tweet post,

Another day, different 48 hr #Solana outage.

This is similar the sixth clip this has happened successful 3 months.

I person zero religion successful it now. It is the caller EOS.

The combat is present betwixt ETH, BSC, Fantom, Avalanche and Terra.

— Mark Jeffrey ⚡️🚀 (@markjeffrey) January 23, 2022

Meanwhile, these caller crashes encountered by the SOL web upset galore Smart Contract Developers arsenic good arsenic the crypto community. As a result, the crypto assemblage is present eyeing different alternate platforms (Ethereum killers) that could supply them with the anticipation they request successful their mundane crypto transactions. These see BSC, XDC, Fantom, Avalanche, and Terra, to sanction a few.

These caller blockchain web issues encountered by the SOL web upset immoderate of the crypto assemblage members. As a result, investors person started to see different Blockchain networks that could conscionable the expectations erstwhile it comes to mundane crypto transactions. XDC Network (XDC) concatenation is 1 of the crypto platforms to drawback the attraction of planetary investors astatine the clip of penning this article, with lone XDC successful Green portion remainder of the Crypto remains successful RED (Source: Top100 coins astatine coinmarketcap.com ). This indicates that not lone astute declaration developers but the crypto assemblage besides started looking towards XDC Network.

The XDC protocol is designed to enactment astute contracts successful arsenic seamless a mode arsenic possible. Over 3,800 astute contracts person been created connected the XDC Network. Here is the maturation graph implicit clip arsenic referred from the caller article of XDC Foundation.

Source: Medium

Furthermore, the XDC Chain (XinFin Digital Contract) uses XinFin Delegated Proof of Stake (XDPoS) to make a highly scalable, secure, commercial-grade blockchain network. Indeed, XDC enables assorted real-world usage cases similar remittance (WadzPay), commercialized concern (TradeTeq),  ISO20022 messaging modular (IMPEL),  decentralized Storage (Storx), Data ORACLE (Pugin), Decentralized email (LedgerMail), R3 Corda’s lone Public blockchain Bridge (LAB577) DEX (xSWAP and globiance), Stable coin (usnota, SGDG, EURG, HKDG, GBPG, USDG etc), NFT MarketPlace (XDSea) and galore much usage cases adopted XDC Blockchain Network.

On the different hand, this strategy clang experienced by SOL is not the archetypal successful space. In fact, this benignant of script is not caller successful the crypto community. However, today, the crypto abstraction is witnessing the emergence of crypto projects specified arsenic XDC that connection a seamless blockchain network. Hence, it is up to the users to prime the crypto web that suits their crypto needs.

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