(Image source: XDC Foundation)
XDC Network has successfully upgraded to XDC 2.0 on Monday, September 30, 2024, at block number 80370000.
XDC Network's 2.0 development team, led by Princeton University's Professor
Pramod Visawanath, has been working to create, test, and implement a defining protocol enhancement. XDC 2.0, which has been running on Apothem (testnet) since March 2024, is its most impactful upgrade since the XDC mainnet's inception five years ago.
The XDC Network is a blockchain developed to support trade finance and the tokenization of RWAs. The XDC Network is rapidly evolving, with significant developments beyond the XDC 2.0 upgrade.
Here’s a comprehensive overview of recent innovations and partnerships:
- USDC Bridge: This new contract standard, powered by Circle, enhances user security and reduces liquidity fragmentation for USDC on the XDC Network.
- USDT Bridge: Tether's bridge improves network liquidity, supporting decentralized finance (DeFi) applications and tokenized assets.
- Solidity v0.8.23: An essential update that enhances the smart contract experience on the XDC Ethereum Virtual Machine (EVM).
- CodeRun AI: A new tool for developers providing strategic and technical guidance for smart contract development.
- Node Enhancements: Post-XDC 2.0 updates are set to optimize performance and improve contract execution efficiency.
- XDCDAO: This initiative provides a decentralized governance framework for the network.
- Account Abstraction: Now live on the mainnet, this feature broadens the use of smart contracts for managing user accounts.
Partnership with Giottus
In a significant move to bolster its ecosystem, the XDC Network has partnered with Giottus Crypto Platform. This collaboration allows Giottus's user base of over 1.1 million to seamlessly buy, sell, and manage XDC tokens using Indian Rupees (INR).
Deposit and Withdrawal Integration: The partnership includes direct integration of deposits and withdrawals for XDC tokens on the Giottus platform, enhancing user accessibility and control over their digital assets.
Disclaimer:
This article is sponsored by XDC Network and Giottus Crypto Platform advises readers to verify the accuracy of information independently before engaging with any advertised products or services. Please do your own research.
