X Introduction

XCHAIN Technical Doc

Welcome to the XCHAIN technical documentation portal! This site is dedicated to providing comprehensive technical information about the XCHAIN network, its architecture, and functionalities. As XCHAIN and this documentation evolve, we encourage active participation and feedback from our community to enhance the platform.

Explore the exciting world of XCHAIN and join us in shaping the future of decentralized technologies.

Introducing XCHAIN

XCHAIN represents a groundbreaking blockchain platform designed to enhance programmability, interoperability, and scalability within the digital ecosystem. Utilizing a Proof of Authority (PoA) consensus mechanism, XCHAIN achieves rapid block generation times and reduced transaction costs. The network selects validators through a rigorous staking process, ensuring only the most reputable validator candidates are chosen to maintain network integrity. Advanced security measures, such as double-sign detection and slashing mechanisms, reinforce the network's stability and guarantee transaction finality.

Dive into the Frequently Asked Questions (FAQ) section to start your XCHAIN journey.

Capabilities of XCHAIN

XCHAIN introduces a revolutionary environment for issuing, trading, and managing digital assets in a decentralized framework. Users can engage in a variety of activities, including:

• Sending and receiving the native network token XCHI

• Tokenizing assets by creating new tokens on XCHAIN, leveraging it as a foundational layer for asset exchange and transfer

For developers, XCHAIN extends its utility further by supporting smart contract functionality and compatibility with the Ethereum Virtual Machine (EVM). This strategic design choice preserves XCHAIN's high throughput while integrating the versatile world of smart contracts. XCHAIN's EVM compatibility means immediate access to Ethereum's extensive toolkit and DApps ecosystem, simplifying the transition for developers and enhancing user experience with familiar applications like MetaMask, which requires minimal configuration adjustments.

Activities on XCHAIN include:

• Transaction and block exploration through XCHAIN's various interfaces, such as scan.xnetchain.com for the Mainnet Explorer and testnet-scan.xnetchain.com for the Testnet Explorer

• Full node operation to monitor real-time network dynamics

• Development of wallets, tools, and applications to facilitate user interaction with DApps on XCHAIN

Getting Started with XCHAIN

Embark on your XCHAIN adventure by delving into the initial sections of our getting started guide. Familiarize yourself with the platform by exploring our FAQ and learning about the XCHI token at xnetchain.net.

Asset Management on XCHAIN

XRC20 Asset Protocol

The XRC20 protocol is XCHAIN's answer to the ERC20 standard, offering a rich set of features tailored for asset management within the XCHAIN ecosystem. It enhances the basic ERC20 protocol by introducing additional functionalities such as ownership details and precision settings. The full protocol specification is accessible on our documentation site, docs.xnetchain.net.

Issuing XRC20 Tokens

Developers and asset issuers can utilize XCHAIN's robust framework to create and manage XRC20 tokens, enabling a new level of asset digitalization and exchange.

XCHAIN MainNet and Token Swap

Initially, XCHI tokens operated within the Ethereum network as ERC20 tokens. With the launch of XCHAIN, these tokens are migrating to native XCHI tokens through a seamless swap process facilitated by our platform and its partners. This transition allows projects to leverage XCHAIN's performance and liquidity features, fostering a vibrant and efficient token ecosystem.

Under the Hood: XCHAIN's Technology

For those intrigued by the technical intricacies of XCHAIN, our documentation covers various topics including the consensus mechanism, software architecture, network configuration, and the roles of different network participants. Learn how to run a full XCHAIN node and become an integral part of our decentralized network.

Acknowledgments

We extend our deepest gratitude to the XCHAIN community, our collaborators, and supporters who play a pivotal role in the ongoing development and success of XCHAIN. Join us in this exciting journey to redefine the landscape of blockchain technology.