Xphere price

XP

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What Is Xphere (XP)? Xphere (XP) is a next-generation Layer 1 blockchain network designed to solve the blockchain trilemma by balancing security, scalability, and decentralization. It features a Dual-Chain architecture that combines Proof-of-Work (PoW) for security with XPBFT, an optimized PBFT-based Proof-of-Stake (PoS) mechanism, for high-speed transaction validation. With its EVM compatibility, Xphere seamlessly integrates with existing decentralized applications (DApps) while ensuring sustainable growth through the Xphere Union Program, a validator-driven governance model.

What Makes Xphere Unique? Xphere differentiates itself through its Dual-Chain Architecture, which ensures a perfect balance of security and speed. The Proof Chain, powered by PoW, provides a high level of network security, while the Main Chain, utilizing XPBFT PoS, enables fast transaction validation with one-second finality and a throughput of up to 4,000 transactions per second. Xphere is fully EVM-compatible, allowing seamless migration of smart contracts and DApps from other networks. Additionally, the Xphere Union Program introduces a semi-decentralized governance model, where validators stake XP and actively participate in decision-making. Its sustainable tokenomics model ensures long-term value preservation, with XP supply decreasing by approximately 26% annually. The network also incorporates an efficient fee-burning mechanism, where 50% of transaction fees are permanently removed from circulation. By combining Bitcoin-level security, Ethereum’s smart contract capabilities, and Solana’s transaction speed, Xphere is positioned as a truly next-generation blockchain network.

What Is Xphere 2.0 Upgrade? Xphere 2.0 is an upgraded version of the network that enhances scalability, security, and governance. The optimized Dual-Chain model improves interoperability between the PoW-based Proof Chain and the PoS-driven Main Chain. With one-second transaction finality and a processing capability of up to 4,000 TPS, Xphere 2.0 ensures a highly efficient and scalable ecosystem. The Xphere Union Program expansion will onboard 31 Union members to strengthen decentralization and governance. Security enhancements include improved validator selection mechanisms and a seamless integration of PoW and PoS for better network resilience. Additionally, the Xphere Grant Program will support ecosystem growth by funding Web3 projects and fostering innovation. These upgrades collectively position Xphere as a leading blockchain for developers, enterprises, and investors.

How Many Xphere (XP) Coins Are There in Circulation? The total supply of Xphere (XP) is 5.5 billion, with a controlled reduction mechanism that decreases the supply by approximately 26% per year. The genesis issuance took place on March 12, 2024, and the network’s mining process is expected to last for about 100 years. XP is distributed among miners, validators, and the ecosystem fund, ensuring a balanced and sustainable token economy. The deflationary model, coupled with staking incentives and governance participation, supports long-term value appreciation while maintaining the network’s security and efficiency.

How Is the Xphere Network Secured? Xphere employs a hybrid security model that integrates Proof-of-Work and XPBFT-based Proof-of-Stake to ensure both decentralization and network efficiency. The Proof Chain utilizes PoW mining, which provides robust security, while the Main Chain’s XPBFT PoS mechanism guarantees fast and reliable transaction validation. Union validators play a crucial role in maintaining network security, and each must stake 35 million XP to participate, effectively preventing Sybil attacks. Governance within the network is decentralized, with Union members having voting power on key decisions, while the foundation holds a tie-breaking vote when necessary. To further enhance network security and sustainability, 50% of transaction fees are burned, reducing token supply over time. By integrating PoW’s security with PoS’s efficiency, Xphere ensures a highly secure, scalable, and sustainable blockchain ecosystem.