xDai Chain applications provide everyday users with fast transactions and extremely low gas prices. Since the xDai Stable Chain is Ethereum compatible, data and assets can be transferred seamlessly to the Ethereum mainnet providing backend safety and limitless opportunities to scale. This synergy between stability, speed, security and scalability opens the door for many exciting applications and new use cases.
Thanks to xDai, sending money to a friend, relative or vendor is fast, cheap and easy. It’s also stable - the value of xDai is pegged to the US dollar. Peer to peer (P2P) payments on the blockchain can replace the current expensive, slow, bank-driven processes that dominate online payment systems today. It’s already happening - click on the case studies to see xDai P2P in action.
Burner Wallet provides a quick and simple interface for carrying and exchanging small amounts of spending crypto using a mobile browser.
A stable coin launched by Maker that collateralizes Ethereum to maintain a consistent $1 valuation for each circulating stable coin.
When transaction fees and speeds are a known quantity, developers can plan and execute accordingly. A responsive UX, micropayments, and predictable cross-chain interactions are all possible within a stable ecosystem.
The xDai token is pegged to Dai, providing a stable asset for all smart contract interactions. Fixed fees mean 1000s of transactions can be performed for less than $1.
xDai Stable Chain brings delegated Proof of Stake (DPOS) to Ethereum. The white paper describes all aspects of this new consensus protocol, called POSDAO consensus, including a complete overview of the theory, rationale, security, and a detailed implementation section. This is the xDai Stable Chain operator’s manual - download now to learn how it works and why we need it!
A stable coin provides peace of mind. Predictable currencies allow buyers and sellers to exchange value without the risks of volatility. In the xDai Stable Chain implementation, transactions are conducted using xDai, a stable coin pegged one-to-one with Dai. Because transactions occur on a bridged sidechain, they are extremely fast and inexpensive.
Two bridges connect xDai Stable Chain to the Ethereum mainnet, supporting seamless two-way asset transfer between chains. Tokens are acquired on the mainnet, then bridged to the xDai Stable Chain sidechain using either the Dai-xDai bridge for transactional tokens, or the DPOS bridge for staking tokens. Once a user is finished transacting or staking, tokens can be bridged back to the mainnet with ease.
xDai Stable Chain is natively supported by multiple wallets and services. Thanks to these wallets, it’s simple to store, make purchases, and to interact with smart contracts. Multiple wallets cater to different user groups including developers, consumers and hodlers. Check out the growing list of services and freely available wallets below.
The xDai Stable Chain explorer is built right into BlockScout, an open-source Ethereum block explorer. In addition to viewing xDai Stable Chain blocks and transactions, this tool features an intuitive interface for staking directly from the browser! The explorer makes it easy to delegate tokens to different validators, move, deposit or withdraw stake, or even declare validator candidacy. A transparent leaderboard provides a wealth of information on current and inactive validator sets.
POA Network’s journey to solve many of today's existing blockchain fundamental issues - increasing scalability while combining speed, security, and cost efficiency - has been covered by various media establishments. Check out some of our latest updates.
xDai Stable Chain is natively supported by multiple wallets and services. Thanks to these wallets, it’s simple to store, make purchases...Find out more
In our recent history of xDai 2 post, we discussed the origins of the xDai Stable Chain. When it began, xDai was highly centralized...Find out more