Cryptopedia - XDC Network
## What Is XDC Network (XDC)? The XDC Network is a blockchain developed to support trade finance and the tokenization of real-world assets (RWAs). An EVM-compatible blockchain, XDC Network utilizes a state-of-the-art Delegated Proof of Stake (DPoS) consensus engine to provide high-level security, fast transaction times and improved scalability. The network features a Layer-2 subnet system allowing users to launch sovereign and privacy-preserving side chains that inherit the security of the XDC mainnet. This system makes XDC Network uniquely equipped to support those who require dedicated blockchain environments for enhanced permissions and control, such as government agencies, financial institutions, and businesses. As of Jan 6, 2025, there are 300+ XDC Network validator masternode candidates, of which 108 actively operate as validator masternodes, and the remainder operate as standby masternodes. Each masternode operator is required to stake 10M XDC. In Q4 2024, the XDC mainnet successfully upgraded to XDC 2.0. XDC 2.0 incorporates the theoretical maximum Byzantine fault tolerance security and novel forensics monitoring system into the consensus mechanism. Developed by an expert protocol team led by Professor Pramod Viswanath from Princeton University, XDC 2.0’s [cutting-edge compliance technology](https://arxiv.org/abs/2108.01420) ensures unprecedented Byzantine fault tolerance (BFT) by holding validators accountable for their actions on an automated yet discretionary basis.
