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DigitalNote ( XDN ) ( once known as duckNote and DarkNote ) is a decentralize individual cryptocurrency. It is based on CryptoNote anonymous engineering and has a unique untraceable encrypted message arrangement with blockchain based staking for a defined menstruation .
DigitalNote provides moment worldwide privacy protected transactions and untraceable code messaging transfers with highly first gear process fees in a decentralized peer-to-peer network. Mathematics secures the XDN net and empowers individuals to control their own finances and information. Your private key gives you access to your funds with no central censoring, surveillance or intervention. XDN offers the exemption to transact in sum privacy .
At the time of writing this article, DigitalNote cryptocurrency was traded on the stick to exchanges :
history [edit ]
The history of DigitaNote cryptocurrency started in May 30, 2014 when the “ duckNote ” cryptocurrency was launched. It was one of the inaugural cryptocurrencies to start using CryptoNote protocol and aiming to establish a sincerely secure and secret digital asset. In September 2014 ducknote was rebranded and the DarkNote cryptocurrency was introduced. It was a significant upgrade that provided a number of new and significant features .
Darknote features were :
- CPU-efficient mining
- Multi-signature support
- Unlinkable transactions
- Blockchain analysis resistance
- ASIC resistance
- Encrypted messaging
DarkNote was further better and changed the name to DigitalNote. DigitalNote improved upon the DarkNote features, fixed a number of bugs and introduced new technological solutions. DigitalNote is a community-driven project and changed its effect exploitation team several times, however, most of the developers are anonymous. DigitalNote offers merged-mining compatible with Monero and is powered by the CryptoNight7 algorithm. however, mining and commute are not the only ways of gaining DigitalNote coins. DigitalNote offers staking choice which is performed by locking some sum of funds for a determine period of time. It provides the network with some stability and encourages users to make long-run investments in the project. DigitalNote wallet is available as both comfort and graphic wallet solution for the users of the cryptocurrency .
Some extra history behind DigitalNote XDN – Written by Coke Zero
DigitalNote has always been a decentralized blockchain and an open source undertaking and it placid remains as therefore. The code is available for anybody to improve upon and the team is open to new feature proposals. We are besides always on the prowl for talented individuals who have the work ethic to back it up. That being said …
To understand the current decisions and future of DigitalNote matchless must first understand the context of the project in the past. DigitalNote was founded as DuckNote in May 2014 by an individual ( s ) named dNote. Although the individual sometimes implied that there was more than fair one developer, I think that most would realistically agree that dNote was actually the entirely developer ( as there was never any proof of anyone else ). He managed to keep up the facade quite well up until the first calendar month of 2017 when he announced an “ ICCO ” ( Initial Crowdfunded Coin Offering, in his words ) and then disappeared for 6 months leaving the residential district behind for good. It was n’t the beginning time he disappeared ( he had done so in the by ) but this time was different. He was never to return to bitcointalk.org and no more DigitalNote updates were ever released by him after that .
Users were rightfully concerned about this ICCO as it did not sound realistic or accomplishable. The community began to split into pieces. He had promised that “ institutional investors, banks, indemnity companies, pensions, hedge funds, endowments and reciprocal funds ” were about to invest in XDN and said that by March 2017 this would occur. Well, March 2017 came and went and there was not even a whisper from him on any public chopine. I, personally, tied sent him code messages via XDN and while in the past he had responded to me he was n’t anymore. however, abruptly and coincidentally, correct when the cryptocurrency marketplace started to boom again halfway through 2017 he made a small appearance in or around June. There was a raw roadmap uploaded onto the web site along with extra information for the alleged ICCO ( even though it was about half a year after he primitively stated it would occur ). While he never posted on bitcointalk again, a residential district was started on Ryver ( a chat room application ) and he attempted to execute the ICCO phase. After the ICCO wholly failed and virtually cipher but suckered-fans bought into it, the sol call roadmap rotted into obscurity with none of the updates ever being achieved and dNote was never heard from again by anybody. The coin was basically stagnant and the community was destroyed. I personally think that he was never honest with the community and that he was likely trying to pull a flying one on the residential district for easy money. It is besides telling that he worked with HitBTC directly to pull this off … at the time he had a last-ditch community of fans that attempted to help him revive the coin and assistant with market, son and anything else. He never responded to any of it and never let anybody in the community actually participate in the development process. even this last-ditch team of XDN ‘s most firm fans and developer-types felt doublecrossed and disappoint. I know this because I was one of them. The residential district was finally shattered once and for all. I personally wrote off the project as a passing at the time but kept my stack out of sloth and hope .
In early on 2018 I received a message from an Aussie across the ocean who wanted to rebirth DigitalNote and make XDN great again. I was hesitant because of my by experiences with the mint and it ‘s now-terrible publicity, but I decided to take a casual. I decided to join this new team and we began fixing DigitalNote in an attack to revive it. The team struggled to form because of the splintered community. many users expressed excitement but lacked talent and devotion. We managed to release a few updates that basically saved the coin but in the conclusion, it was literally just 2 of us who were dedicated and skilled adequate to remain. How ‘s that for a residential district ? anyhow, it was a hard half a year and we struggled to provide new features and upstanding progress besides important patches and fixes because the protocol was in such bad shape. We could n’t add features because the congress of racial equality code had so many issues. We achieved a fork in mid-2018 to update the Proof-of-Work algorithm to become consistent with Monero ‘s algorithm so that users could again dual-mine Monero and DigitalNote together. This bandage besides allowed pools to open again, which had been non-existant for over a class ! How ‘s that for net security ? Somehow only Minergate had a running pool and could frankincense attack the network as they wished. Sort of an odd coincidence, eh ? The mint was indeed 51 % attacked and timestamp attacked then and again at multiple points throughout the year. a soon as we patched the Proof-of-Work algorithm we wanted to begin feature of speech upgrades, but as I said the community was dead and merely two devs remained on the project — both of us with potent IT skills ( among other things ) but neither of us who were capable to be broad time programmers for such an crucial undertaking with a $ 100 million+ marketcap ( $ 600 million at the peak ). just when we thought we could settle down from the last branch, a previously undiscovered bug hit XDN. Blocks were somehow producing 320,000 XDN per block alternatively of 150 XDN. We identified the issue and patched the wiretap within a week or therefore. This tease had existed througout DigitalNote ‘s whole universe without being discovered until it heavy affected the network ( including the original chain ). not well. This is the bug that crumbled Minergate, since they did not support our double efforts and wished to remain on the old, break chain. anyhow … this proved to us that the code was not trustable and we had no mind what the laminitis ‘s original intentions were. If we were to actually spend our own complimentary time on this project, it made no sense to do so on such a cheapjack foundation. To be honest with you, the “ team ” struggled to get by and XDN was closely dead again. many people acted like they wanted to help but when they were actually invited to the team 90 % of them would disappear or do nothing. cipher wanted to work for loose on such a discredit coin. The “ open team ” format was clearly not working and the times had changed. The industry evolved to be a lot different than it was in 2014 .
Long history short-circuit, we finally acquired endowment and leadership in the second half of 2018 and formed a plan for achiever. Members that we were acquiring were finally beginning to stick around ( some more sol than others ) and we finally began to share a imagination of the future of DigitalNote together. XDN wallets had been disabled on HitBTC for well over 6 months and Bittrex wallets were experiencing some fresh undiscovered bug that did n’t allow them to open up their wallets. To be frank, if you read and understand the reality and history of XDN as it has occurred you would understand why the new team was taking a root approach in order for XDN to survive.
XDN broke the shackles of its refractory and treacherous Cryptonote technology of the past, ushering in a newfangled, fair worldly concern with a total code rebase to include features from Bitcoin and DASH that would secure the long terminus future of XDN .
DigitalNote XDN ’ s post new Proof-Of-Work/Proof-Of-Stake ( PoW/PoS ) hybrid blockchain was created to improve security and blockchain stability both unite and expanding possibilities in doing so while bolstering security and protection from a 51 % approach. Delegates are incentivized to run Masternodes that aid process and far validate network transactions. not only is DigitalNote a more autonomous system, it is besides more effective and effective. The singular excerpt of block creators allows transactions to be validated in a matter of seconds, quite than the 10 minutes it takes the proof of exercise system employed by Bitcoin .
The new code base besides introduced a small XDN project fund to help with growth and project costs. This is mined as a by intersection of every stuff that is mined where 50 XDN is added to the investment company. It allows the team to pay for listings, market and anything else that might arise in the future to keep the mint adrift .
The big challenge was to allow the community to swap the old XDN coins for the new XDN coins. This was not a elementary march as the old codebase was flaky and we had no room of telling which address was active or even had a balance. Users were given a 6 calendar month window to manually swap their coins. The exchange like Bittrex were easily to swap and our community had to wait 7 more months whilst HitBTC swapped their coins to the new blockchain. User with coins on HitBTC Minergate and Freewallet were now safe from losing their coins .
At the end of the trade, 3,000,000,000 XDN were burn, leaving a entire circulatory supply of merely over 5,300,000,000 XDN .
additionally we welcome user-run Masternodes to the network to provide further network stability to transactions. The collateral required to operate a Masternode is 2,000,000 XDN ( more technical information is available in the resource section ). At the fourth dimension of writing, more than 50 Masternodes exist on the network .
- Instant Transactions
- Resistance to 51% Attacks
- Masternode Network
- Proof-of-Work + Proof-of-Stake
- VRX v3.0 Difficulty Retargeting Algorithm
- Lightweight/Mobile Blockchain
- Adaptive Block Sizes
Join us on Social Media Discord : hypertext transfer protocol : //discord.gg/4dUquty Telegram : hypertext transfer protocol : //t.me/XDNDigitalNote chirrup : hypertext transfer protocol : //twitter.com/digitalnotexdn Reddit : hypertext transfer protocol : //www.reddit.com/r/digitalNote/ Facebook : hypertext transfer protocol : //www.facebook.com/digitalnote culture medium : hypertext transfer protocol : //medium.com/ @ DigitalNoteXDN Steemit : hypertext transfer protocol : //steemit.com/ @ digitalnotexdn
Pools Full list of current pools : hypertext transfer protocol : //miningpoolstats.stream/digitalnote
official Links Github : hypertext transfer protocol : //github.com/DigitalNoteXDN Block Explorers : hypertext transfer protocol : //explorer2.digitalnote.biz/ hypertext transfer protocol : //explorer3.digitalnote.biz/ CoinMarketCap : hypertext transfer protocol : //coinmarketcap.com/currencies/digitalnote/ Coingecko.com : hypertext transfer protocol : //www.coingecko.com/en/coins/digitalnote ? utm_content=digitalnote & utm_medium=search_coin & utm_source=coingecko hypertext transfer protocol : //cryptowat.ch/assets/xdn
Join us on Social Media – Over 23,500 Community members follow XDN and over 16,000 reads of our official Bitcointalk.org page Discord : hypertext transfer protocol : //discord.gg/4dUquty 1,445 Members Telegram : hypertext transfer protocol : //t.me/XDNDigitalNote 511 Members Twitter : hypertext transfer protocol : //twitter.com/digitalnotexdn 843 Followers Reddit : hypertext transfer protocol : //www.reddit.com/r/digitalNote/ 3,918 Readers Facebook : hypertext transfer protocol : //www.facebook.com/digitalnote 688 Followers hypertext transfer protocol : //bitcointalk.org/index.php ? topic=4451957.msg39816386 # msg39816386 16,000 reads Community Based accounts : hypertext transfer protocol : //twitter.com/DigitalNote_XDN 9,448 followers hypertext transfer protocol : //twitter.com/DigitalNote_ES 48 Followers hypertext transfer protocol : //twitter.com/XDNCommunity 5,988 Followers hypertext transfer protocol : //web.telegram.org/ # /im ? p= @ DigitalNoteXDN 788 Members
DigitalNote coin price [edit ]
The price of XDN nominal or DigitalNote coin is constantly chaining, however, BitcoinWiki gives you a gamble to see the prices online on Coin360 appliance .
Specifications [edit ]
|Total supply||10,000,000,000 Less 3,000,000,000 burnt. New hard cap – 7,000,000,000 XDN|
|Block reward||300 XDN|
|Block time||2 minutes|
|Consensus algorithm||Proof of Work/Proof of Stake and Masternodes|
|Mining algorithm||bmw512 (Wish) – ASIC resistant|
|PoS algorithm||Echo512 — ASIC resistant|
|Minimum enforced block spacing||45 seconds|
|Maximum block spacing (soft limit)||3.17 minutes|
|Confirmations required to spend||15|
|Masternode collateral||2,000,000 XDN|
|Block reward||300 XDN (PoW + PoS + dev allocation)|
|Block reward split||250 XDN PoW + PoS see-saw, 50 XDN dev allocation|
|Difficulty retarget||VRX v3.0 w/ hybrid chain swing|
|CodeBase origins||BTC 0.11 + reference source + custom XDN features (dynamic|
|Masternode swing base||100 XDN/block|
|Masternode swing peak||200 XDN/block|
See besides on BitcoinWiki [edit ]
Category : Finance
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