DxChain Token DX

The DxChain Token (DX) is a major component of the ecosystem on the DxChain Network. It is designed to be used solely as the primary token on the network. The primary usage of DX is for interaction among the participants of DxChain Network, such as for sealing transactions and justifying the advantage of using the platform for effective cost control using cloud service.

The DxChain Token (DX) is unique compared to other cryptocurrencies because it is specifically designed for use within the DxChain Network. It serves as the unit of exchange between participants on the network and provides a convenient and secure mode of payment and settlement. DX is an ERC-20 standard compatible token initially created on the Ethereum network. However, DxChain has also launched its own mainnet-alpha, indicating that DX will become a native cryptocurrency on the DxChain self-owned blockchain. This transition from a token on a third-party blockchain to a native currency on its own blockchain sets DX apart from other cryptocurrencies.