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Technology Behind XPL Coin

XPL Coin is built using blockchain technology, which is a decentralized digital ledger maintained by a network of computers (nodes). Key technological features include:
1. Decentralization – No single authority controls the network.
2. Cryptographic Security – Transactions are protected using advanced cryptography.
3. Transparency – All transactions are publicly verifiable.
4. Immutability – Once data is recorded, it cannot be altered easily.

Some versions of XPL tokens may operate on existing blockchain standards (such as ERC-based systems), while others may use a native blockchain.

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Uses and Utility of XPL Coin

The utility of XPL Coin depends on the platform it supports. Common use cases include:
• Transaction Fees: Used to pay fees within the ecosystem.
• Digital Payments: Enables fast and low-cost transfers across borders.
• Rewards and Incentives: Given to users for participating in the network.
• Smart Contract Interaction: Used to execute or interact with decentralized applications (dApps).
• Governance: In some systems, holders may vote on platform decisions.
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