What is xx network (XX)

Start learning about what is xx network through guides, tokenomics, trading information, and more.
The xx network is made up of a fast, low-fee, quantum-ready layer 1 blockchain and the most private communications network in the world. The project was founded by cryptographer David Chaum, the godfather of digital currency and privacy technology. Using the xxDK, any application or blockchain can route their traffic through the xx network’s communications layer and provide metadata-protected privacy and quantum-secure, end-to-end encryption to their transactions. The xx messenger mobile app is the first decentralized, quantum-secure, end-to-end encrypted messenger in the world. Available on major app stores, the xx messenger’s performance has already attracted daily users in over 65 countries, The xx network utilizes nominated Proof-of-Stake (nPoS) to incentivize all coin holders to run and elect nodes as well as participate in the governance of the platform via an on-chain DAO. The xx network mainnet launched in November 2021. Totally 1 billon coins will be issued over the next 5 years with some deflationary mechanism such as coin burning.
Tokenomics describes the economic model of xx network (XX), including its supply, distribution, and utility within the ecosystem. Factors such as total supply, circulating supply, and token allocation to the team, investors, or community play a major role in shaping its market behavior.
xx network TokenomicsPro Tip: Understanding XX's tokenomics, price trends, and market sentiment can help you better assess its potential future price movements.
Building on tokenomics and past performance, price predictions for XX aim to estimate where the token might be headed. Analysts and traders often look at supply dynamics, adoption trends, market sentiment, and broader crypto movements to form expectations. Did you know, MEXC has a price prediction tool that can assist you in measuring the future price of XX? Check it out now!
xx network Price PredictionThe information on this page regarding xx network (XX) is for informational purposes only and does not constitute financial, investment, or trading advice. MEXC makes no guarantees as to the accuracy, completeness, or reliability of the content provided. Cryptocurrency trading carries significant risks, including market volatility and potential loss of capital. You should conduct independent research, assess your financial situation, and consult a licensed advisor before making any investment decisions. MEXC is not liable for any losses or damages arising from reliance on this information.
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