Assessing the XDC Network: A Comprehensive Evaluation of its qualitative and technical aspects

• URL: http://arxiv.org/abs/2408.02115v1
• Date: Sun, 4 Aug 2024 19:05:28 GMT
• Title: Assessing the XDC Network: A Comprehensive Evaluation of its qualitative and technical aspects
• Authors: Atul Khekade, Omkar Mestry, Van Khanh Nguyen,
• Abstract summary: The study evaluates the network's decentralization, scalability, and security features. It examines the developer ecosystem, including GitHub metrics. The findings of this research will provide valuable insights into the strengths and weaknesses of the XDC Network.
• Score: 0.0
• License: http://arxiv.org/licenses/nonexclusive-distrib/1.0/
• Abstract: This research provides a thorough assessment of the XDC Network, a delegated proof of stake (XDPoS) consensus-based blockchain technology, across its technical, security, and business dimensions. The study evaluates the network's decentralization, scalability, and security features, including its Nakamoto coefficient, validator participation, and client distribution. Additionally, it examines the developer ecosystem, including GitHub metrics, and business aspects such as transaction costs and predictability. The findings of this research will provide valuable insights into the strengths and weaknesses of the XDC Network, informing stakeholders and decision-makers about its suitability for various use cases, particularly in trade finance, asset tokenization, and enterprise blockchain solutions.

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