Xahau Ledger Price (XAH)

Xahau Ledger (XAH) Price Now

Xahau Ledger price today is $0.0496 with a 24-hour trading volume of $34,224. XAH price is down -9.98% in the last 24 hours. It has a total supply of 600Mil.

What Is Xahau Ledger(XAH)?

The Xahau Ledger (Xahau) is the smart contract sidechain for the XRPL ecosystem. It is a fork of the XRP Ledger's (XRPL's) open-source rippled codebase that embodies all the useful and innovative features of the XRPL, including its environmental sustainability, but tweaks and upgrades the codebase to support smart contracts.  

What Are the Features of Xahau Ledger(XAH)?

• XRPL Core: Xahau retains the key features that have made the XRPL one of the most enduring and popular networks, including the XRP Ledger Consensus Protocol (Previously: Ripple Protocol Consensus Algorithm), the DEX, and the logic of protecting the ledger against spam and bloat by charging and burning fees in the native token, but it substitutes the recent XLS-20 NFTs for the cleaner, simpler URITokens.
• Hooks for Smart Contracts: The big new feature of Xahau is Hooks, the smart contract implementation for rippled. Hooks are small pieces of code installed on an account that impose rules on the transactions the account sends or receives before those transactions can be finalized.
• Native Token & Better Tokenomics: Xahau will be secured by its native token, Xahau XRP (currency code: XRP+), and powered by better tokenomics designed to reward validators and support smart contracts.
• Burn2Mint Liquidity: As an XRPL sidechain, Xahau will be linked to the XRPL via a one-way Burn2Mint liquidity portal that allows users to clone their XRPL account address on Xahau and burn XRP on mainnet in return for a matching number of Xahau XRP.
• Genesis Hook Governance Game: Xahau's Genesis account is powered by a Hook that regulates, amongst other things, the emission of new Xahau XRP and this Hook is governed by a two-tiered governance game with up to 20 independently owned validators as participants.  

How Does Xahau Ledger Work?

The XRP Ledger Consensus Protocol (Previously: Ripple Protocol Consensus Algorithm)Protocol works as follows:

• Validator Proposal: Each validator proposes a new set of transactions, called a "candidate set," which they believe should be included in the next ledger. This candidate set includes both new transactions and any transactions that were not previously included in a validated ledger.
• Agreement Phase: Validators communicate with each other to exchange and evaluate candidate sets. They independently verify the validity and order of transactions proposed by other validators. Through a series of iterative rounds, validators attempt to converge on a single candidate set that the majority agrees upon.
• Finalization: Once a supermajority of validators (at least 80%) agrees on a specific candidate set, that set is considered "finalized." Finalized candidate sets become the basis for the next ledger. 
• Ledger Closing: The ledger is closed, and a new ledger is created based on the transactions in the finalized candidate set. This process occurs roughly every 3-5 seconds in the XRPL, allowing for fast transaction settlement times.  

What Is XAH Token?

Xahau (XAH) is the native token of the Xahau network, possessing similar functions to XRP on the main XRPL, including anti-spam protection by charging transaction fees. There is no supply limit for Xahau (XAH). These tokens are primarily obtained in two ways: burning XRP on the mainnet to acquire Xahau (XAH) and through monthly issuance and protocol adjustments.  

Xahau Ledger (XAH) Community

• Twitter: https://twitter.com/XahauNetwork