XNA Token: A Deep Dive into Neurai, XANAChain, and Base Chain Implementations

Hey blockchain enthusiasts! Today, we’re diving deep into the world of the XNA token. This isn’t your average meme coin; it’s got some interesting tech behind it and appears in a few different ecosystems, which can be a little confusing. So, let’s clear things up.

What is the XNA Token?

The XNA token isn’t just floating around aimlessly. It’s primarily associated with a project called Neurai, a blockchain initiative that’s all about blending the Internet of Things (IoT) and Artificial Intelligence (AI). It’s aiming to be a bridge between these two tech worlds using blockchain. Think of it as a way to make IoT devices smarter and more secure.

XNA on the Neurai Blockchain

Here’s the scoop on XNA in its native environment:

• Neurai’s Goal: Neurai is all about creating a decentralized network that brings together blockchain, IoT, and AI. The idea is to build smart IoT devices that can interact with blockchain assets, ensuring your data is safe and secure.
• Tech Specs: Neurai built their blockchain using parts of Ravencoin, which means it’s got a solid foundation. It uses a mining algorithm called KAWPOW, which is designed to resist ASICs (specialized mining hardware), making it more accessible to everyday miners with GPUs.
• Tokenomics: There will only ever be 21 billion XNA tokens. These are used to facilitate payments within the Neurai ecosystem and are mined using the KAWPOW algorithm.

Essentially, XNA here is the lifeblood of the Neurai network, powering transactions and incentivizing participation through mining.

XNA on the XANAChain

Now, things get a little more interesting. There’s another blockchain, the XANAChain, that also features a token with the symbol “XNA”. Here’s what you need to know:

• Network: XANAChain is a network that can be added to popular wallets like MetaMask.
• MetaMask Integration: To use XANAChain, you need to manually add its details to MetaMask.
  • Network Name: XANAChain
  • New RPC URL: https://mainnet.xana.net/rpc
  • Chain ID: 8888
  • Symbol: XETA (note, this is XETA, not XNA, which is a key point)
  • Block Explorer URL: https://8888.snowtrace.io/
• Token Details: The token address sometimes cited for XNA, 0x1fef19efe4c0a174c0b21197565dfe92b23c51ec, might not be the one officially associated with the XANAChain. So, always double-check official resources or the block explorer to be sure.

It’s important to note the symbol discrepancy here. The XANAChain uses the symbol “XETA” as its native token, and any reference to an XNA token at the address we discussed may be misleading.

XNA on the Base Chain

And finally, we have an XNA token on the Base Chain, an Ethereum Layer 2 solution from Coinbase. This one also seems to be causing a bit of confusion:

• Base Chain: Base uses ETH for transaction fees as it doesn’t have its own native token.
• Token Standard: The XNA on Base is likely an ERC-20 token, given that Base is compatible with the Ethereum Virtual Machine (EVM).
• Purpose: The XNA here is also aiming to connect the real world with blockchain, especially through IoT and AI, just like the Neurai project.
• Token Address: The same contract address 0x1fef19efe4c0a174c0b21197565dfe92b23c51ec is sometimes used. However, note that the core Neurai team do not recognize this as a valid contract address for their token.
• Confusion Alert: This is where things get tricky because different versions of XNA can cause confusion. Always double-check with official channels and block explorers.

Key Takeaways and Why It Matters

• Multiple XNAs: The symbol “XNA” appears across different blockchains – Neurai, XANAChain, and Base Chain - but they are NOT necessarily connected.
• Context is King: Always check the blockchain, contract address, and token symbol when researching XNA.
• Neurai’s Focus: The original Neurai XNA token is focused on IoT, AI, and decentralization. It is the native coin of the Neurai blockchain.
• XANAChain: The XANAChain uses the symbol XETA, not XNA.
• Base Chain: The token on the Base Chain might be an ERC-20 token, but with the similar symbol to Neurai, this warrants deeper research to verify legitimacy.

What does this mean for you?

For blockchain practitioners, understanding these nuances is crucial. Whether you’re a developer, investor, or just someone keen on staying informed, knowing which XNA you’re dealing with can save you a lot of headaches (and potentially money).

At Meme Insider, our goal is to keep you in the know, even when things get technical. While XNA isn’t a meme token, projects like it can be vital in shaping the blockchain landscape. Understanding their technology and use cases helps all of us to become more informed.

So, there you have it – a comprehensive look into the world of the XNA token. Always do your research, and stay informed!

Disclaimer: This article is for informational purposes only and should not be taken as financial advice. Always conduct your own research before making any investment decisions.