Review on DigitalNote by phuong cong
Learn about the decentralized enterprise XDN project and evaluate its strengths
DigitalNote provides worldwide privacy-protected transactions and unwanted encrypted message transmissions with near zero processing fees in networks users share between peer-to-peer networks. Mathematics secures the enterprise network and empowers individuals to control their finances and information. Your private key is your bank account, with no one censoring and monitoring.
It uses mixed blockchain technology with POW-POS consensus mechanism, it is resistant to 51% attacks and compatible phones with lightweight wallets.
It uses the Master node network that brings fair rewards to the miners
The project also showed generosity when in the project's road map, it said that Airdrop and Bounty events will be held for the community to develop the project.
Launched quite early compared to other projects it has a private network and is listed on some major exchanges like Bittrex, Hitbtc.
However, there are many shortcomings that enterprises need to overcome if they want to continue developing.
Pros
- Anonymous instant transactions based on digital signature.
- Immediately encrypted messages are not accessible based on state-of-the-art cryptographic technology
- Attractive mining rewards are shared fairly among miners
- Good security, convenient private wallet for mobile devices
- Organize Airdrop and Bounty programs for the community
Cons
- Small liquidity and low volume on exchanges
- The value of XDN has been reduced many times from ATH, it seems investors are underestimating its potential
