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Xphere (CRYPTO: XP) — Company Overview, News & Financial Data

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Xphere

About

Xphere is a layer 1 blockchain platform designed around a dual-chain architecture combining a Practical Byzantine Fault Tolerance consensus mechanism with proof-of-work validation. The network processes transactions on its primary chain with one-second block times and one-second finality while supporting Ethereum Virtual Machine smart contract compatibility at the Cancun EVM execution level. Validation is decentralized through council slots and a secondary proof-of-work chain secured by dedicated mining hardware. Operating under a fixed maximum supply cap of 5.5 billion coins with systematic block reward reductions and automatic fee-burning mechanisms, the network supports decentralized applications, staking vaults, and cross-chain integrations.

Snapshot

Public CRYPTOOwnership
2025Year founded
-Employees
-Head office
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Global footprint

Operations

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Products and/or services of Xphere

  • Main Chain: Layer 1 blockchain operating on a Practical Byzantine Fault Tolerance consensus mechanism, delivering one-second block times and one-second transaction finality while executing Ethereum Virtual Machine smart contracts with dynamic network fee structures.
  • Proof Chain: Secondary blockchain network utilizing the xpHash proof-of-work cryptographic algorithm, secured by specialized IceRiver XP0 ASIC hardware to manage validator node selection, network verification, and transaction security within the dual-chain architecture.
  • Union Vault: Non-custodial native asset staking protocol allowing token holders to deposit funds directly without running node infrastructure, receiving automated reward streams derived from council validator earnings alongside systematic token burn mechanisms for unallocated capacity.
  • XPScan Explorer: Web-based blockchain explorer and developer platform providing real-time data inspection for block generation, transaction histories, smart contract source code verification, total value locked metrics, cumulative burn analytics, and developer application programming interfaces.
  • ZIGAP Wallet: Partner mobile wallet software providing native integration with layer 1 network infrastructure, featuring automated network selection, private key custody, decentralized application connection tools, and direct referral routing to staking vaults without manual configuration.
  • Developer Infrastructure: Public RPC node clusters and developer grant framework supporting external software engineers in building decentralized finance protocols, real-world asset tokenization platforms, decentralized applications, and cross-chain bridging tools compatible with Cancun-level Ethereum Virtual Machine specifications.