Etherscan Launch on XDC Network: Bitcoin Community Optimistic About Increased Programmability for DeFi and Payments

Increasing Accessibility and Transparency

With XDCScan, developers, users, and Bitcoin enthusiasts can now track and verify transactions, monitor wallet balances, and gain real-time insights into the XDC ecosystem. This is particularly important for decentralized applications (dApps) designed to facilitate payment channels that interact with Bitcoin. The detailed token and transaction data, combined with robust API integrations, allows DeFi developers to bridge the gap between Bitcoin’s vast user base and XDC’s scalable smart contract capabilities.

XDC Network's low-cost, fast transaction capabilities are now poised to support Bitcoin-linked payment solutions, opening doors for innovative DeFi protocols that leverage Bitcoin liquidity while benefiting from XDC’s programmable environment. This development could eventually serve as a foundation for more complex payment systems, decentralized exchanges (DEXs), and lending protocols that integrate Bitcoin.

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