$18B DATA FIRM USING XDAI CHAIN SIDECHAIN FOR PAYMENTS AT CONFERENCE

Imagine a world where conference payments are seamless, fast, and incredibly cost-effective. Fiat onramp: purchasing xDai with Portis and Carbon is a breeze 💰 The days of slogging through 4-5 steps to be able to hold xDai are long gone thanks to our friends at Portis and Carbon. Users can now move seemlessly from Fiat ️ xDai using Debit and Credit cards in 1 easy step.This isn't a futuristic dream; it's happening now!Splunk, a publicly traded software firm boasting an impressive $18 billion valuation, is pioneering this future.They're leveraging the power of the xDai Chain, an Ethereum sidechain, to revolutionize payments at their upcoming Las Vegas SplunkConf 2025. A Portal to Gnosis Chain Ecosystem. Gnosis Chain生态资源导航This bold move showcases the practical application of blockchain technology beyond just cryptocurrency speculation. $18B Data Firm Using xDai Chain Sidechain for Payments at Conference . Payments at the conference. Per a report shared with Cointelegraph on Oct. 24, conference participants have theAttendees will experience firsthand the speed and efficiency of xDai through a custom-built wallet called PonyPurse, a modified version of the popular Burnerwallet. Hitpay Wallet's post. Hitpay Wallet is in Little Rock, AR. is in Little Rock, AR.This isn't just about accepting crypto; it's about creating a frictionless payment ecosystem within the conference itself, enhancing the overall experience for participants.What does this mean for the future of conferences, blockchain adoption, and even the broader payment landscape? Halka a ık yazılım şirketi Splunk, Las Vegas SplunkConf 2025 etkinliğindeki demeler i in Ethereum yan zinciri xDai Chain'i kullanıyorLet's dive in and explore the details of this groundbreaking initiative.

SplunkConf 2025: A Blockchain-Powered Payment Experience

SplunkConf 2025 promises to be more than just a data conference; it's set to be a showcase for the real-world applications of blockchain technology. Navigation Menu Toggle navigation. Sign inBy utilizing the xDai Chain, Splunk aims to provide a streamlined and efficient payment system for attendees. $18B Data Firm Using xDai Chain Sidechain for Payments at ConferenceThis initiative goes beyond simply accepting cryptocurrencies; it's about creating a closed-loop payment ecosystem that enhances the conference experience.

What is PonyPurse?

The key to this experience is PonyPurse, a customized version of the Burnerwallet specifically designed for SplunkConf attendees.The Burnerwallet is known for its ease of use and disposable nature, making it perfect for temporary events like conferences. PonyPurse likely includes branding and features tailored to the SplunkConf environment.Attendees can quickly and easily load funds onto their PonyPurse and use it to make purchases at various vendors and activities throughout the conference. Splunk using xDai Chain to power the payments at its conferenceThis eliminates the need for traditional payment methods like credit cards or cash, reducing transaction fees and speeding up the payment process.

The Benefits of Using xDai Chain

xDai Chain offers several advantages that make it ideal for this application:

• Fast Transaction Speeds: Transactions on xDai Chain are significantly faster than on the main Ethereum network, ensuring quick and efficient payments.
• Low Transaction Fees: Transaction fees on xDai Chain are incredibly low, often fractions of a cent, making it cost-effective for both attendees and vendors.
• Scalability: xDai Chain is designed to handle a high volume of transactions, making it suitable for the large number of attendees expected at SplunkConf.
• Environmental Friendliness: As a proof-of-stake (PoS) blockchain, xDai Chain is much more energy-efficient than proof-of-work (PoW) blockchains like Bitcoin, reducing its environmental impact.

The Pop-Up Economy and xDai Chain

Splunk's adoption of xDai Chain for conference payments aligns perfectly with the growing trend of the pop-up economy. p Splunk using xDai Chain to power the payments at its conference /p $18 B Data Firm Using xDai Chain Sidechain for Payments at Conference - Sharecast.com SharecastThis economic model, which involves temporary events and businesses, is booming.Using xDai Chain offers the following advantages to vendors in a pop-up environment:

• Reduced Transaction Costs: Credit card processing fees can eat into a vendor’s profits. xDai Chain's near-zero transaction fees mean more money in their pocket.
• Faster Payouts: Unlike traditional payment processors that can take days to remit funds, xDai Chain transactions are settled almost instantly.
• Simplified Accounting: All transactions are recorded on the blockchain, making accounting and reconciliation much easier.
• Increased Security: Blockchain technology offers a higher level of security than traditional payment systems, reducing the risk of fraud.

The pop-up economy reached over $10 billion in sales in the U.S. in early 2025. $18B Data Firm Using xDai Chain Sidechain for Payments at Conference Publicly traded software firm Splunk is using Ethereum sidechain xDai Chain to power payments at its Las Vegas SplunkConf 2025 1.4K viewsAs blockchain technology matures, the capacity to abstract complexities is improving constantly and xDai Chain is helping to make it happen.

xDai Chain Ecosystem and Community

xDai Chain isn't just a payment solution; it's a thriving ecosystem with a vibrant community. 🍃 xDai October Update 🍁 While some teams are worried about market conditions, the DeFi space keeps on growing. So does the xDai community! So does the xDai community! We have been busy with integrations and implementation details leading up to the launch of POSDAOSeveral projects are actively developing on top of xDai Chain, expanding its functionality and use cases.Some notable projects include:

• Helena: A project involved in the xDai Chain ecosystem.
• DAOG: Another active project enhancing the xDai Chain infrastructure.
• Gnosis Safe: A multi-signature wallet that provides secure management of digital assets on xDai Chain.
• Burner Wallet: The original wallet that inspired PonyPurse, known for its simplicity and ease of use.
• Protea Gather: A DApp deployed on the xDai Chain that promotes community interaction.

This active development and strong community support ensure that xDai Chain continues to evolve and improve, making it a robust and reliable platform for various applications.

Technical Aspects of xDai Chain

Understanding the technical underpinnings of xDai Chain is crucial to appreciating its potential. xDai Chain is a stablecoin-based blockchain, meaning that its native currency, xDai, is pegged to the US dollar.This provides price stability, making it suitable for everyday transactions. Skip to main content Bitcoin Insider. MenuIt operates as a sidechain to Ethereum, leveraging Ethereum's security and infrastructure while offering faster transaction speeds and lower fees.

Proof-of-Stake (PoS) and On-Chain Randomness

xDai Chain uses a Proof-of-Stake (PoS) consensus mechanism, which is more energy-efficient than Proof-of-Work (PoW). The ecosystem is growing with projects like Helena, DAOG, Gnosis Safe and Burner Wallet to name a few, all of whom are actively developing on top of xDai. The newest DApp deployed on xDai Stable Chain is Protea Gather As blockchain tech continues to mature, so will our ability to abstract the complexities of using it. Until recentlyAdditionally, it implements innovative strategies for generating on-chain randomness. This article highlights how effortlessly xDai integrates into the pop-up economy and walks users through creating a custom NFC tag so vendors can interact with NFC enabled devices. The pop-up economy has grown to over 10B in sales as of early 2025 in the U.S. alone🤑. It's become the go-to marketing strategy for retailers looking to test newRandomness is essential for various applications, such as:

• Lotteries and raffles.
• Fair distribution of resources.
• Ensuring unpredictability in decentralized games.

The ability to generate reliable on-chain randomness is a key feature of xDai Chain's POSDAO algorithm.

Bridging Dai to xDai

Converting Dai to xDai is a straightforward process using the TokenBridge.The TokenBridge allows users to seamlessly convert Dai (an Ethereum-based stablecoin) to xDai and back. $18 B Data Firm Using xDai Chain Sidechain for Payments at ConferenceYou can easily convert between Dai and xDai through the POA Network UI or directly through the TokenBridge itself.This bridge ensures interoperability between the Ethereum mainnet and the xDai Chain, allowing users to easily move funds between the two networks.

The User Experience: Fiat to xDai and Buttercup Bucks NFTs

One of the biggest hurdles to blockchain adoption is the complexity of getting started. xDai Chain is addressing this by simplifying the process of acquiring xDai.In the past, it could take multiple steps to acquire xDai, which has now been streamlined, thanks to integrations with partners like Portis and Carbon. 上市軟體公司Splunk正在使用以太坊側鏈xDai Chain為其2025年拉斯維加斯SplunkConf會議提供付款服務。 會議付款. 根據10月24日與Cointelegraph分享的一份報告，與會人員有機會使用xDai的Burnerwallet專用版本（稱為PonyPurse）的修改版本。Users can now seamlessly move from fiat currency (USD, EUR, etc.) to xDai using debit and credit cards in a single, easy step. La empresa p blica de software, Splunk, est utilizando la sidechain de Ethereum, xDai Chain, para realizar pagos en su SplunkConf 2025 de Las Vegas. Firma de datos de USD 18,000 millones utiliza la sidechain xDai Chain para pagos en la conferenciaThis greatly enhances the user experience and makes xDai accessible to a wider audience.

Over 10,000 participants used Buttercup Bucks NFTs to pay for in-event features, participate in raffles, and engage in P2P transactions. So how do we create on-chain randomness in Proof of Stake blockchains, and why is it needed? Check out our latest xDai post to see what strategies we use to generate reliable randomness in the new POSDAO algorithm, and why on-chain randomness is important as a key feature in POSDAO and xDai!In addition to simplified on-ramping, SplunkConf 2025 also leveraged NFTs to enhance the experience. Publicly traded software firm Splunk is using Ethereum sidechain xDai Chain to power the payments at its Las Vegas SplunkConf 2025. Payments at the conference. Per a report shared with Cointelegraph on Oct. 24, conference participants have the opportunity to use a dedicated, modified version of xDai s Burnerwallet dubbed PonyPurse.Attendees were airdropped 25,000 xDai poker chips and 22,000 new wallet addresses were onboarded and Over 48,000 transactions have been performed to date between the Buttercup Bucks P2P transactions.

How to Interact with xDai Chain Using NFC Tags

xDai Chain integrates effortlessly into the pop-up economy, making it simple for vendors to accept payments via NFC tags.Users can create custom NFC tags that allow vendors to interact with NFC-enabled devices.Imagine a vendor simply tapping your phone with an NFC tag to receive payment! We've updated our instructions on the process of utilizing the TokenBridge to convert Dai ️ xDai and xDai ️ Dai with our without the UI created by POA Network. While you're there, take at look through our GitBook and you'll find a wealth of information including 👇 🗺 xDai's New Roadmap 💸 xDai Compatible Wallets 🔥 xDai Use Cases and more.This is a practical and efficient way to facilitate transactions in a physical environment.

Future Implications and Broader Adoption

Splunk's use of xDai Chain at SplunkConf 2025 is a significant step towards broader adoption of blockchain technology in real-world applications. Over 10,000 participants used Buttercup Bucks NFTs to pay for in-event features, participate in raffles, and engage in P2P transactions. 🎰 25,000 xDai poker chips were airdropped to attendees 📲 22,000 new wallet addresses were onboarded 👥 Over 48,000 transactions have been performed to date Between the Buttercup Bucks P2P transactionsIf successful, this could pave the way for other conferences, events, and businesses to adopt similar solutions.This adoption could lead to:

• Reduced reliance on traditional payment processors.
• Lower transaction fees for businesses and consumers.
• Increased transparency and security in payment systems.
• Greater financial inclusion by providing access to payment solutions for those who are unbanked or underbanked.

As blockchain technology continues to mature and become more user-friendly, we can expect to see more and more businesses exploring its potential to improve efficiency, reduce costs, and enhance customer experiences. Check latest XDAI news, including tweets,videos,blog posts. XDAI news from all around the globe in one place.The use of Ethereum sidechains like xDai Chain offers a practical and scalable solution for businesses looking to embrace the benefits of blockchain without the high fees and slow transaction times of the main Ethereum network.

Frequently Asked Questions (FAQ) about xDai Chain

What is the xDai Chain?

xDai Chain is an Ethereum sidechain designed for fast and inexpensive transactions.It uses a stablecoin, xDai, which is pegged to the US dollar, making it ideal for everyday payments and microtransactions.

Why is xDai Chain used for conference payments?

xDai Chain offers several advantages for conference payments, including fast transaction speeds, low fees, and scalability. Website and documentation of xDai. Contribute to varasev/site development by creating an account on GitHub.It provides a more efficient and cost-effective alternative to traditional payment methods like credit cards and cash.

How do I get xDai?

You can acquire xDai by converting Dai (an Ethereum-based stablecoin) using the TokenBridge.You can also purchase xDai directly using fiat currency (USD, EUR, etc.) through integrated platforms like Portis and Carbon.

Is xDai Chain secure?

Yes, xDai Chain is secured by the Ethereum blockchain and uses a Proof-of-Stake (PoS) consensus mechanism. 88K subscribers in the ethfinance community. Welcome to /r/EthFinance, A community for Ethereum investors, traders, users, developers, and othersThis ensures a high level of security and integrity for transactions on the network.

What is a Burner Wallet?

A Burner Wallet is a simple and easy-to-use cryptocurrency wallet designed for temporary use.It's often used at events like conferences and meetups to facilitate quick and easy payments.

Conclusion: The Future of Payments is Here

Splunk's decision to use xDai Chain for payments at SplunkConf 2025 marks a pivotal moment in the adoption of blockchain technology.By leveraging the speed, efficiency, and low cost of xDai Chain, Splunk is providing attendees with a seamless and enhanced payment experience.This initiative not only showcases the practical benefits of blockchain but also paves the way for broader adoption across various industries.The future of payments is here, and it's powered by innovative solutions like xDai Chain.As we move forward, we can expect to see more and more businesses and organizations embracing blockchain to create more efficient, transparent, and cost-effective payment systems.