XDC Network Assessment: Decentralization, Scalability and Security
<|reference_start|>XDC Network Assessment: Decentralization, Scalability and Security: XinFin, in 2019, unveiled the XDC network, an enterprise-ready hybrid blockchain platform that is open-source and specializes in tokenization for real-world decentralized finance. Overseeing the XDC network is currently the XDC Foundation, a non-profit organization established to encourage the growth, enhancement, and adoption of the XDC Network through community-driven projects such as GitHub. This whitepaper discusses the real-time assessment of the XDC network's decentralization, scalability, and security aspects as well as the Nakamoto coefficient estimation that follows, which is a measure of a decentralized system's decentralization nature that quantifies the minimal number of nodes or entities needed to compromise the system. A high coefficient denotes greater decentralization, while a low number denotes increased disruption risk. The XDC network's real-time computation of the high Nakamoto coefficient demonstrates its highly decentralized character. The article also addresses the diversity of consensus and execution clients, the host distribution, the geo-distribution, and some of the outstanding issues and business considerations.<|reference_end|>
@article{chakraborty2024xdc,
    title={XDC Network Assessment: Decentralization, Scalability and Security},
    author={Mohuya Chakraborty, Atul Khekade},
    journal={arXiv preprint arXiv:2408.02318},
    year={2024},
    archivePrefix={arXiv},
    eprint={2408.02318},
    primaryClass={cs.CR}
}