xcnT
xcnT is a fictional native token of the XCN Protocol, an open-source blockchain platform created for illustrating governance and microtransaction use cases. In this article, xcnT is presented as an illustrative cryptocurrency rather than a real-world asset. The token functions as a medium of exchange, a stake for securing consensus, and a unit of governance for protocol upgrades.
Origin and development: Work on the XCN Protocol began in 2022 by a community-led initiative, with a
Technical design: The xcnT token is designed as a fungible asset compatible with common token standards, enabling
Economics and governance: The token supports on-chain governance, allowing holders to submit proposals, vote on protocol
Reception and impact: In the fictional ecosystem, xcnT saw moderate adoption among dapps and wallets, with liquidity