xDai stable USD ideal for everyday payments and transactions.
an ETH-compatible blockchain for everyday transactions such as micropayments or loans.
xDai is the ideal cryptographic currency for everyday payments and transactions. Fees are extremely low, payments are instantaneous and the value remains stable at ~1 USD per xDai. The easy-to-use tools make xDai easily adopted by a wide audience (both crypto and non-crypto users!).
The XDai chain is the first stable USD block chain built as the sidechain EVM of the Ethereum block chain, with a different consensus model -POSDAO, fast transaction times (5 sec.) and
low transaction fees (500 tx for $0.1).
xDAI is a combination of stablecoin DAI, embedded in a sidechain in POA (Proof of Authority) technology.
Why use xDAI? Doesn’t DAI already exist?
Article on: https://www.bitconio.net/en/cryptoeconomy/xdai-stable-usd-ideal-for-everyday-payments-and-transactions/
