Review on DigitalNote by francis fernandez
DigitalNote: a platform for the exchange of anonymous messages through a chain of blocks
DigitalNote is a digital currency whose symbol is XDN that has a maximum supply of 7 billion coins. Its basic foundation lies in the privacy of the currency as a form of payment to be used on the blockchain platform for the anonymous exchange of information between users in a decentralized peer-to-peer network.
What news does this cryptocurrency bring?
DigitalNote is a cryptocurrency whose technology focuses on the anonymity of data sent by encrypted messaging between users.
What is XDN mining?
Mining consists of the mechanism of creating new XDNs. DigitalNote uses the CPU processor to mine your currency. Its mining mechanism combines peer to peer technology and an ASIC-based protection system that is synchronized with the Proof of Stake (POW) consensus protocol. It also works anonymously thanks to the incorporation of the CryptoNote protocol that guarantees the sending of encrypted messages that are impossible to trace.
How can you get XDN?
DigitalNote provides the opportunity for its miners to earn rewards on XDN for contributing their CPU performance to ensure the security of their platform.
It also provides the opportunity for token holders to earn interest for keeping deposits in their accounts for a specified period of time.
XDNs can also be converted into other currencies or can be obtained as a form of payment.
Where to store your XDN?
DigitalNote has its own wallet known as SimpleWallet so that XDN holders can save their coin. It is also possible to make exchanges to convert or transfer them.
Pros
- It offers an internal messaging service that allows the exchange of data anonymously between users.
- It offers the possibility of freezing cryptocurrency funds in a checking account for a period of time while earning interest (0.5 to 1% per year).
- It allows the user to obtain income by participating in the mining process by contributing the potential of their CPU to the network
Cons
- It is a digital currency with volatile risk in its value with respect to the crypto market.
