- XinFin serves as an alternate solution for Ethereum’s slow transaction speeds.
- XinFin could support up to 2,000 transactions per second (TPS).
- XDC Network is best compared to ETH, DASH, XRP, and many more.
XinFin (eXchange inFinite) serves as an alternate solution for Ethereum’s slow transaction speeds. Though many crypto fans see Ethereum as the leading altcoin next to Bitcoin (BTC). Due to the issue of slow transaction speeds, many crypto developers look for an alternate solution to overcome the issue.
ETH users know transaction speeds could be accelerated by adding gas to motivate miners. This is considered to be one good move at times of high network congestion. Also, gas fees begin to rise with no limit across 2021.
On MAY 19, 2021, one crypto enthusiast paid $702.94 as gas fee for a $35,633.05 SushiSwap transaction.
Developers expressed huge concern at ETH’s congestion. This is mainly f...
This article was first published on coinquora.com