Cryptocurrency Q&A
What chain is XRD on?
What chain is XRD on?
Riccardo
Sun Jun 30 2024
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5 answers
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Could you please elaborate on the underlying blockchain that XRD, or Radix Delegated Proof-of-Stake (RDPoS), is operating on? I'm interested in understanding the technological foundations of this cryptocurrency and its potential advantages over other blockchain platforms. Specifically, is XRD built on a proprietary blockchain, or is it leveraging an existing blockchain solution such as Ethereum, Solana, or another popular platform? The answer to this question will help me assess the scalability, security, and overall potential of the XRD ecosystem.
5 answers
SilenceSolitude
Tue Jul 02 2024
In the realm of cryptocurrencies, it is crucial to differentiate between the RADIX (XRD) token and its derivative, the E-RADIX token (eXRD).
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SamsungShiningStar
Tue Jul 02 2024
The eXRD token serves as a wrapped ERC-20 representation of XRD on the Ethereum blockchain. This allows for interoperability between the two tokens and their respective ecosystems.
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Rosalia
Mon Jul 01 2024
The key feature of eXRD is its ability to be exchanged for XRD at a 1:1 ratio. This exchange process is facilitated by numerous online cryptocurrency exchange platforms, providing users with flexibility and convenience.
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Federico
Mon Jul 01 2024
The distinction between XRD and eXRD is important for investors and traders to understand. Each token has its own unique characteristics and use cases, and they should be treated separately.
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Margherita
Mon Jul 01 2024
BTCC, a UK-based cryptocurrency exchange, offers a wide range of services including spot trading, futures contracts, and wallet management. With its comprehensive platform, BTCC provides users with the opportunity to trade XRD and eXRD in a secure and efficient manner.
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