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What does xcoin mean (what is XCN)?

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What does xcoin mean? Xcoin is the currency in the blockchain. Simply put, it c

What does xcoin mean (what is XCN)?

What does xcoin mean? Xcoin is the currency in the blockchain. Simply put, it can be seen as a payment method or a means of storing or exchanging digital assets. Unlike Bitcoin, it has the characteristics of decentralization, anonymity, and security. In addition, XCoin conducts transactions and records data through the network to enhance the ability of value transmission without the need for any intermediary to ensure the credibility of the entire system, thereby achieving instant global settlement and other functions – such as automatic clearinghouses in traditional banking systems (WeChat public account: @Coin Circle Encyclopedia).

What is XCN?

According to CCN, XCN is a decentralized digital currency built on the Ethereum blockchain. Its main features are:

1. Supports fee-free payments.

2. Adopts a zero transaction fee model (i.e., users use Bitcoin to purchase or sell tokens for payment) and a “trustless” design, enabling XCN to be fully confirmed off-chain and traceable to the original recipient address.

3. Does not have a private key management mechanism, so it will not leak users’ passwords, ciphertexts, or other personal information data, and can view the source of funds and transfer status at any time.

4. “Securely store assets,” allowing anyone to create their own cryptocurrency wallet on the network.

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