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What is XPR Network

Written by: artwebin
October 10, 2025

XPR Network (formerly known as Proton) is a layer-1 blockchain platform designed to make cryptocurrency and blockchain technology accessible to everyone. Launched in 2020 by fintech company Metallicus, XPR Network was created to bridge the gap between traditional finance and crypto by enabling seamless digital payments and applications.

In simple terms, XPR Network is an advanced blockchain network built for fast, secure transactions with nearly zero fees, and it uses easy @username addresses (instead of long cryptographic keys) to connect users directly to financial applications.

Its foundation is a proof-of-stake blockchain that emphasizes compliance and user-friendliness, integrating features like identity verification to bring blockchain into everyday use.

XPR Network’s core mission is often described as “blockchain for everyone.” This mission reflects its goal of creating a blockchain that is accessible to both individuals and businesses of all sizes. To achieve this, XPR Network has built a high-performance, open blockchain infrastructure with a focus on usability and regulatory compliance. It operates as a public smart contract platform (meaning developers can create decentralized applications on it) and is positioned as an alternative to traditional payment networks (like ACH, SWIFT, Visa) by offering a more efficient settlement layer.

The network leverages a modern tech stack (including WebAssembly-based smart contracts) for speed and scalability while maintaining decentralization through a consensus mechanism called Delegated Proof of Stake (DPoS).

In practice, XPR Network stands out for instant finality, zero transaction fees, and on-chain identity features. Its architecture was influenced by prior technologies (EOSIO and the original Proton chain) to optimize it for financial applications and cross-chain interoperability. All these elements form the blockchain foundation of XPR Network, making it a robust platform where users can send payments, interact with digital assets, and even link their real-world identity if needed – all while enjoying a fast and feeless blockchain experience.

Key Features and Benefits

XPR Network offers several key features and benefits that differentiate it from many other blockchains. These features are deliberately designed to enhance speed, usability, and compliance, aligning with XPR’s vision of an easy, consumer-friendly crypto network. Below are the main features of the XPR Network:

  • Instant, High-Speed Transactions: XPR Network provides lightning-fast transactions with very quick finality. In stress tests it has achieved throughput of up to 4,000 transactions per second, and typical transaction finality is under 2 seconds. This means payments and transfers confirm almost immediately, a huge improvement over slower traditional blockchains or bank transfers. Users experience near real-time transactions, which is crucial for everyday payments and financial applications.
  • Zero Gas Fees: A standout benefit of XPR is that basic transactions on the network cost no fees. There are zero gas fees for sending XPR or simple operations, removing the cost barrier for users. This feeless model makes microtransactions and frequent small payments practical – you can send even tiny amounts without worrying about losing value to fees. By eliminating transaction fees, XPR Network significantly lowers the entry barrier for new users and fosters more activity in its ecosystem.
  • User-Friendly @Names and Identity Verification: XPR Network replaces long, confusing wallet addresses with human-readable account names (often called @names) up to 12 characters. For example, instead of sending money to a random string like 0xABC123..., you could send it to @artwebin. This makes cryptocurrency much more approachable and reduces errors. In addition, XPR has a built-in Proton Verified Identity system for on-chain identity verification. Users can optionally go through Know Your Customer (KYC) verification to link their real identity to their @name (indicated by a “verified” checkmark) for compliance purposes. This integrated identity layer allows XPR to support features like verified payments and regulatory compliance (important for connecting with banks and financial services). At the same time, personal data isn’t exposed on-chain – the network uses cryptographic proof to attach verification status without revealing private details. The result is a more trusted and secure environment where users know who they’re transacting with when needed, yet privacy is preserved.
  • Smart Contracts and Developer-Friendly Platform: Beyond payments, XPR Network is a full smart contract platform. It leverages cutting-edge WebAssembly (WASM) for its smart contracts, enabling high-performance and scalable decentralized applications. Developers can easily build a variety of blockchain applications on XPR – for example, create new tokens, launch NFTs, build exchanges, implement lending/borrowing protocols, and more. The network provides open-source SDKs and familiar programming languages to lower the barrier for development. This means XPR Network isn’t just a payment system; it’s a flexible blockchain where many kinds of DeFi, NFT, and Web3 projects can be built. The layer-1 proof-of-stake design ensures these apps run efficiently with the instant finality and no fees that XPR offers.
  • Cross-Chain Compatibility: XPR Network also focuses on being interoperable with other blockchains. It supports wrapped assets (xTokens) that mirror cryptocurrencies from other chains (like Bitcoin or Ethereum) on the XPR blockchain. By doing so, XPR can act as a bridge – users can hold and transfer various assets (e.g., XBTC for Bitcoin, XETH for Ethereum) within the Proton/XPR environment, enjoying fast and free transactions for those assets. This cross-chain capability makes the network more versatile, allowing easy migration of assets and integration with the broader crypto ecosystem. Essentially, XPR Network aims to operate as a unified platform where different currencies and tokens can transact seamlessly under one roof.

These core features – speed, no fees, human-readable accounts with identity, smart contracts, and interoperability – all combine to make XPR Network a powerful yet user-centric blockchain. It is built for high throughput and compliance, which is why the XPR team often touts it as “the industry’s leading payment & trading blockchain” with instant transactions, no gas, and on-chain identity.

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