Review on DigitalNote by Olugbenga Ajayi
No information about the team behind DigitalNote
DigitalNote is a crypto project that emanated from earlier project known as Ducknote which was built on cryptonote technology, a technology known for strong privacy and anonymity.
The focus of the project is to bring about a decentralized currency that every investors can benefit from with focus on privacy, security and encryption.
In digitalNote, all transactions are hidden from attack from any external sources. It can even weather the 51% attack which has repeatedly affected many crypto project. Being built on the cryptonight 7 protocol that uses proof of works algorithm, there is efficient mining experience and mining reward is highly consistent and rewarding.
The coin is relatively undervalue and it is available on many exchanges.
However, a lot of questions have been raised over the anonymity of the team. It is unacceptable for the to remain hidden until now It can only mean one thing which is that the project lacks tranlacks transparency.
Pros
- The project can usher in the sort of true anonymity desired in cryptocurrency
- It is five times faster than bitcoin
- Transactions are executed almost without cost
- User enjoy full control over their transaction
- The crypticurrency project is fully encrypted and resistant to ASIC and any block chain analysis hence all messages and XDN are fully anonymous
- Holders of coin can enjoy lots of rewards
- Mining experience is at efficient pace
Cons
- The team behind the project remain anonymous. This can be a proof of lack of transparency
- The coin is undervalued
