Review on DigitalNote by Mehemmed Akberov

What is DigitalNote Coin (XDN) cryptocurrency, simply put?

In the modern world, it is getting harder and harder to stay anonymous. The direct proof of this is the program developed by Russian software developers for face recognition. With this application, all it has to do to find your account on social media networks is to scan your photo and it can find you with 70% accuracy. Such programs help states to have full control over their citizens. This article introduced crypto currency digitalnot Con, will help to prevent undue controlling your philosophy bears remain anonymous.

What is DigitalNote Coin (XDN) cryptocurrency?

DigitalNote Coin (XDN) is an open source blockchain platform that provides complete anonymity to its users. Prior to using the DigitalNote Coin name, the cryptocurrency was called DarkNote; Bearing this name, he was born on May 30, 2014. The basis of the DigitalNote cryptocurrency is the Proof-of-Work method and the anonymous CryptoNote anonymization technology. On top of that, the DigitalNote platform offers services under the name of Depository Services and gives you the chance to earn additional interest on your own investments.

DigitalNote (XDN) Development

DigitalNote was originally released as duckNote on May 30, 2014 and was a fork from Bytecoin. It was then renamed DarkNote in September 2014 and then renamed DigitalNote in June 2015.

XDN had a fair launch, meaning there were no pre-blocks or ICOs for XDN. This means that the developer of another single node in the network is not in danger of unfairly holding large sums of cryptocurrencies.

XDN was developed to enhance the various protocols in blockchain technology created by the likes of BTC, such as providing greater security, promoting fairness within the network, and providing true anonymity.

DigitalNote (XDN) Technology

Proof of Work | Proof of Stake hybrid – XDN is one of the few cryptocurrencies that uses a PoW/PoS hybrid mechanism to reach consensus on the network and verify transactions. This means that the network is divided into miners and shareholders, drastically reducing the resources and power consumed by the blockchain network and reducing harmful environmental impacts. This also means that miners do not have a monopoly on the system.

algorithm

DigitalNote XDN is a cryptocurrency; that is, it is a decentralized currency similar to Bitcoin. CryptoNote is based on anonymization technology and uses a unique system to send untraceable, encrypted communications. Nobody owns or controls DigitalNote. It uses Peer-to-Peer technology and ASIC-resistant mining via a fair, PoW algorithm and works with decentralized management.

DigitalNote Coin enables data-protected instant transactions around the world and can handle encrypted communications with virtually zero transaction fees that cannot be exposed in a decentralized peer-to-peer user network. Mathematics is responsible for securing the XDN network and controlling tangible assets and information. Your personal key is your virtual bank account, free of censorship or intelligence. Freedom still exists.

May 30, 2014 is the date of the first XDN block.

First steps with DigitalNote XDN

The average user should use DigitalNote's visual interface wallets. Simplewallet is a wallet for services such as mining pools and exchanges. You can download binary data or compile it yourself. The official store of the XDN project is on Github.

You can also earn DigitalNote by mining. Mining is the process of creating new XDN units. You receive a certain number of rewards from newly generated DigitalNote coins for securing the network using your processing power.

Another way to get DigitalNote token is to buy it.

Each XDN user can interest their DigitalNote coins at ~1% annual rate or “”lock” their XDN for 1 to 10 years. You can also exchange XDN for any other currency or get paid with DigitalNote.

Functions of the DigitalNote cryptocurrency

The whole world has learned that Bitcoin is not an anonymous cryptocurrency. For this reason, there was a big break in 2014 for the creation of cryptocurrencies (DASH, Monero) that protect the important data of their users. The DigitalNote cryptocurrency is counted among these coins that focus on being anonymous. Among the main features of the XDN cryptocurrency is internal messaging, where users can send and receive messages. DigitalNote's core functions include:

• Interest for deposited coins is between 0.5%-1% per annum.

• Protection against ASIC miners

• It uses CPU for mining i.e. mining is done with the help of processor

• MIT license

• Own your own wallet – SimpleWallet

Other DigitalNote XDN features

Unmanned, truly anonymous DigitalNote transactions and transfer of encrypted information on a decentralized peer-to-peer network.

DigitalNote enables crypto communications to be carried out instantly, securely and in an encrypted form.

DigitalNote coins can be locked in an existing account for a certain period of time with an annual interest of 0.5-1%.

Where can you buy the cryptocurrency DigitalNote?

The total number of coins is capped at 8,589,869,056 XDN units, most of which have already been mined (6,894,466,736 XDN). One DigitalNote Coin costs $0.029 and has a total market capitalization of over $205 million. Today, DigitalNote cryptocurrency can be bought on HitBTC exchange for BTC, USDT and ETH. After receiving the coins from the exchange, you can transfer them to your local wallet , which you can download from the official digitalnote.org address .

Advantages of DigitalNote cryptocurrency

Since the cryptocurrency DigitalNote Coin appeared in 2014, its developers had the opportunity to evaluate the advantages and disadvantages of the first cryptocurrency, Bitcoin. Therefore, you can assume that this cryptocurrency is a better version of Bitcoin. Among the key advantages of DigitalNote are: network speed (2.5 times faster than the Bitcoin network), anonymity, predeterminability for mining (block units take 4 minutes to create, and other advantages.

summary

DigitalNote (XDN) is an open source cryptocurrency. Data security; It is a decentralized Blockchain platform with instant and untraceable encrypted communications, ASIC-resistant reliable CPU mining and interest-bearing Blockchain investments.

Dear reader, if you are looking for a safe, convenient and fast way to transfer cryptocurrencies, the DigitalNote network is for you like no other. Its low price means that DigitalNote can be adopted as it has more growth potential.