Review on DigitalNote by Peace Ofem
A HYBRID BLOCKCHAIN
Previously called DuckNote and DarkNote,
(XDN) is a decentralized private cryptocurrency based on CryptoNote undisclosed technology with a unique traceless encrypted messaging system with blockchain based staking for a defined period.
DigitalNote provides immediate global privacy protected transactions and traceless encrypted messaging transfers with low processing fees in a peer-to-peer decentralized network. With a large support from its community with active platforms on social media, decisions regarding the platform are community based making it a cooperative duty and its users have good and easy access to its digital asset the XDN because it's mineable alongside a secure network which enables individuals to be in charge of their own finances and information. It empowers individuals to have charge of their own finances and information as each user's private key grants access to their funds with no central censorship, surveillance or intervention.
The platform offers merged-mining that is compatible with Monero and powered by the CryptoNight7 algorithm. nonetheless, exchange and mining aren't the only ways of getting DigitalNote coins. staking option is offered by DigitalNote which is carried out by locking some amount of funds for a determined period of time. It provides the network with some stability and encourages it's users to execute long-term investments in the project. DigitalNote wallet is available as both console and graphic wallet solution for the users of the cryptocurrency. some of it's features are:
-Masternode network
-Instant transactions
-Resistance to 51% attacks
-Proof-of-Work+Proof-of-Stake
-VRX v3.0 difficulty retargeting algorithm
-Lightweight/mobile blockchain
-Adaptive block sizes
This cryptocurrency is traded on Bittrex
, HitBTC
, UpBit
,
,Abra
etc.
XDN offers the freedom to transact in total privacy because it's purpose is to offer a fast, secured and decentralized platform for interested individuals.
Pros
- Good security alondside swiftness in making transactions.
- It's a decentralized platform.
- It is a community-driven project.
- Rewards for miners and stakers.
- Has a mineable token.
Cons
- Ranking is low and low value
