The network was designed to meet the needs of enterprises seeking to enhance their business infrastructure, reduce costs and improve visibility through blockchain technology. The XDC Network, the world's first hybrid blockchain, equipped with both a public state and private sub-networks, enables the protection of personal data while remaining transparent and auditable. User-friendly, customizable block explorer and network statistics pages offer unprecedented transparency where required.įor more information and to register for the hackathon, visit .įor more information about the XDC Network, visit and xdc.org Military-grade security through 2/3 node validation. The delegated proof-of-stake mechanism (XDPoS) by which the network reaches consensus allows for two-second transaction time, near zero gas fees. Equipped with both public and private states, the XDC Network was designed to meet the needs of enterprises with concerns about information transparency and data privacy. The enterprise-grade XDC Network is compatible with ISO 20022 financial messaging standards and can power a wide range of novel blockchain use cases. The XDC Network is a Layer 1 EVM (Ethereum Virtual machine) compatible network, which means what runs on Ethereum will run on XDC Network. All prizes will be paid in XDC cryptocurrency. Ported dApps: dApps that are ported for any of the above categories or disruptive / new dApps ported from other chains benefitting XDC network utility.įirst-place winners - depending on the category - will receive $13,000, second-place finishers will receive $7,000 and 6 participants will receive $1,000 as honorable mentions. Including staking/farming options.ĭeFi - Stablecoin backed by XDC: Build a Stablecoin backed by XDC (DAI type stablecoin) and utilize the full potential of the XDC Network. The prizes will be awarded in three categories:ĭex(Decentralized Exchange): Build your dream Dex with great UI and safety. Here is the Place to build it on the XDC Network.", according to Can Inac from Inac Consulting, and equivalent of $50,750 in prizes will be awarded, with the possibility of participants earning grants and more funding. Whether it is a completely new approach to DeFi or you want to build a great DEX with unique features. You can join solo, with Teams or even find your new Dream-Team during the Online Hackathon. We invite all Blockchain Developers to participate and use this great opportunity to make their DeFi dreams reality, build a DEX or/and Stablecoin on XDC. "Today's DEXes across all Blockchains suffer a host of problems like, slow unreliable txn execution, vulnerable to sandwich attack, poor or difficult to execute basic order types like stop loss or limit etc. ET, is to build your dream DeFi project on XDC Network. The purpose of the hackathon, which continues until December 19 at 5:00 p.m. ET on Devpost, which powers most of the world's software competitions on its platform. First-place winners will receive $13,000 for building decentralized exchange (DEX) or $10,000 for building Stablecoin backed by XDCīERLIN, GERMANY / ACCESSWIRE / Octo/ The XDC Network, which combines the power of public and private blockchains with interoperable smart contracts, has announced it is offering an online global DeFi hackathon in cooperation with Devpost and Inac Consulting starting October 11 at 10:00 a.m.
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