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Benaiah A. Akinlade photo
Nigeria, Osogbo, Osun State, Nigeria
1 Level
165 Review
110 Karma

Review on DigitalNote by Benaiah A. Akinlade

Revainrating 4 out of 5

The Digitally Secure DigitalNote

DigitalNote was founded by a person simply known as dNote. It was previously identified as duckNote in May 2014 and then DarkNote in September 2014. DigitalNote improved upon the DarkNote features by fixing some bugs and providing new solutions. It is a decentralized and open source incentivized community project for contributions of members.
The project is based on CryptoNote’s private technology with its unique untraceable encrypted messages for blockchain staking.
The native token of DigitalNote is XDN. It is a token that you can mine with desktop graphics card or mining rigs on mining pools or individual (solo) mining, where miners can receive between 50-150 XDN on each mined block. The mining rewards are balanced between PoS and PoW blocks. You can also earn XDN by staking your token at the rate of 50 XDN to 150 XDN per stake depending on your staked amount.
XDN trades on the following crypto exchanges:
1. HitBTC
2. UpBit
3. ABRA
4. Bittrex, etc
XDN digital wallets are compatible with
1. Windows OS
2. Mac OS
3. Linux OS
DigitalNote is on a PoW/PoS hybrid blockchain to improve the security and the stability . Its transactions are validated in seconds compared to the 10 minutes it takes Bitcoin.
DigitalNote XDN is on a PoW/PoS hybrid blockchain which improves the security and the stability of the blockchain .



Pros
  • DigitalNote provides highly secured privacy protection for your transactions by making your transactions untraceable through encryption
  • The network charges very low processing fees for transactions.
  • Individual users or investors are able to control their transactions and financial information with an issued private key
  • XDN wallet is supported on widows, mac, and linux
  • DigitalNote mining is compatible with Monero on the Crypto Night7 algorithm.
  • The code is open source
  • XDN is resistant to up 51% of attacks
  • It is a light weight or mobile Blockchain
  • The token is supported on some popular exchanges
  • The token is mineable and can be staked
  • There is an encouraging reward system for mining and staking
Cons
  • There is no support for Android and iOS mobile devices
  • The level of anonymity can aid fraudulent activities

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