# About XDC Network


By [rostyan](https://paragraph.com/@rostyan) · 2023-06-08

---

XDC Network (formerly known as XinFin Network) is a hybrid (public / [private](https://coinmarketcap.com/alexandria/glossary/private-blockchain)) [blockchain](https://coinmarketcap.com/alexandria/glossary/blockchain) platform that combines the transparency of [public blockchains](https://coinmarketcap.com/alexandria/glossary/public-blockchain) with the speed and security of private networks. With the help of blockchain technology and state-of-the-art infrastructure, the project intends to provide streamlined financial services to its users.

The protocol’s open-source software uses a [delegated-Proof-of-Stake](https://coinmarketcap.com/alexandria/glossary/delegated-proof-of-stake-dpos) (XDPoS) consensus mechanism, which facilitates fast transactions, interoperability, and cybersecurity. The network can process 2000 [transactions per second](https://coinmarketcap.com/alexandria/glossary/transactions-per-second) (TPS), and thanks to interoperable [smart contracts](https://coinmarketcap.com/alexandria/glossary/smart-contract) and [Ethereum Virtual Machine](https://coinmarketcap.com/alexandria/glossary/ethereum-virtual-machine-evm) (EVM) compatibility, users can more easily scale their projects.

[https://opensea.io/assets/0x224759ef414a1351Dcb6f118b07843A220ca528c/0](https://opensea.io/assets/0x224759ef414a1351Dcb6f118b07843A220ca528c/0)

---

*Originally published on [rostyan](https://paragraph.com/@rostyan/about-xdc-network)*