### What is XPR Network?

XPR Network is a layer one proof-of-stake blockchain that utilises WebAssembly (WASM) smart contracts to enable high-performance, scalable, and sustainable computing. It is designed as a public blockchain and smart contract platform, focusing on improving consumer applications and peer-to-peer payments.

### How does XPR Network work?

XPR Network operates on a proof-of-stake (PoS) consensus mechanism and leverages WASM smart contracts for efficient computation. This structure supports high-performance, scalable, and sustainable blockchain operations, allowing developers to build applications such as tokens, NFTs, exchanges, and lending markets with ease.

### What are the potential use cases for XPR Network?

XPR Network can be employed in various domains, including:

- Cross-border payments and remittances
- Decentralized finance (DeFi)
- Gaming 
- NFT marketplaces 
- Digital identity management 
- Peer-to-peer payments 
- Lending and borrowing 
- Tokenization of assets

### What is the history of XPR Network?

XPR Network was originally launched as Proton and rebranded in June 2024. Emerging from a partnership between Lynx Wallet and Metal Pay, it had its mainnet launch in April 2020. Significant milestones in its development include the introduction of an in-house wallet, native staking, smart contract capability, and integration with Metal X exchange for DeFi tools and services.

XPR Network

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