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Maturin
4 Level
56 Review
124 Karma

Review on DigitalNote by Orlymar Córdova

Revainrating 4 out of 5

DigitalNote (XDN), a project that brings greater security and privacy to blockchain technology.

New projects are constantly being developed in the crypto market in order to satisfy the needs of users in different areas. In this case, DigitalNote arises to solve the lack of privacy and insecurity that is often attributed to blockchain technology.
DigitalNote thus becomes the ideal platform for those who require fast, protected, impossible to trace transactions. It was launched on the market in May 2014 (at that time known by the name of duckNote) and from that date on, significant updates have been made on its platform, changing the name of the protocol several times until reaching the version that we know in the present. DigitaNote is a community managed open source project built on a hybrid Proof of work bmw512 / Proof of stake echo512 blockchain that makes it resistant to malicious 51% attacks affecting other cryptos. On the other hand, its VRX v 3.0 retargenting algorithm guarantees a balance for miners and bettors.
Among the outstanding characteristics of the project is its encrypted messaging service, which allows network users to send highly secure encrypted messages that can even be programmed to self-destruct in the time considered.
The native cryptocurrency of the project is the XDN, which is positioned in the 714th place of CMK. Its SimpleWallet wallet is available for desktop, iOS, or Android device versions and trades with various crypto exchanges such as HitBTC, UpBit, Bittrex, among others.
This is an innovative project, characterized by its autonomy, effectiveness and efficiency. It came to revolutionize the cryptocurrency market and they claim that in the future they will offer many more features.



Pros
  • DigitalNote is a decentralized platform that allows highly secure and privatized transactions, and their validation is done in a few seconds.
  • It offers an excellent instant P2P messaging service with a high level of privacy.
  • Its hybrid blockchain rewards punters and miners and ensures a fairer distribution of rewards than other cryptocurrencies, plus it offers an efficient GPU and ASIC-resistant mining service.
  • It has its own wallet with a lightweight functionality, available for desktop versions, iOs or Android device.
  • His team has developed an active Discord server to address issues related to general platform and wallet support and other questions that may be presented to members of the network.
  • The platform is in constant development and is served by its community.
  • It remains active on different social networks.
Cons
  • Currently its XDN token is not very well positioned in the ranking in coinmarketcap and its value is very low.

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