Hi everyone,
I want to understand that how are mijin/catapult (private chains) linked to the actual cryptocurrency XEM? I mean when enterprises perform transactions on the private chains, do they use the real XEM in any way? Like in ether, when public applications are used, ETH is also used as gas. But when you make a private chain on ethereum platform, the real ETH is not used.
If that’s the case with XEM, then even if it is highly adopted by enterprises, would the value of XEM token go up as it is actually not used by anyone?
Am i missing something here?
Thanks