Market Rank | #5556 |
---|---|
Market Cap | $ 0.2M |
Volume 24h | $ 538.3 |
Circ. Supply | 8.2B |
Total Supply | 10.0B |
Max Supply | 10.0B |
Genesis Date | 30/5/2014 |
The current price of DigitalNote (XDN) is $ 0.00002366.
DigitalNote (XDN) is a decentralized, hybrid Proof-of-Work/Proof-of-Stake cryptocurrency. It provides untraceable transactions and encrypted messaging features, making it a competitor in the world of privacy-oriented coins. DigitalNote's blockchain technology is allegedly resistant to 51% attacks, adding a layer of security and stubbornness to the project.
The creators of DigitalNote are anonymous, known only by the pseudonym "dNote". They originally released the coin under the name "duckNote" in 2014. Throughout the years, many advancements have been incorporated into the protocol, prompting rebranding changes first to "DarkNote" and then finally to "DigitalNote". In 2017, the unknown original founder or founders disappeared, leaving the open source code for the project in the hands of a community team, much like the story of Bitcoin's mysterious founder, Satoshi Nakamoto.
DigitalNote operates using a hybrid system that merges Proof-of-Work and Proof-of-Stake protocols. This drybrid system fosters a network of miners and stakers who are incentivized to participate through network fee payouts. The system aids in consistent block generation and fast transactions. Further, DigitalNote employs a masternode network that enhances the untraceability of transactions and offers incentives for users to safeguard the network. The end result is a system that provides fast private transactions and peer-to-peer messaging that's very difficult to track or censor.
DigitalNote (XDN) gets its unique distinctiveness from its focus on privacy and security. Its untraceable transactions and encrypted peer-to-peer messaging make it a tempting choice for individuals who are concerned about maintaining their privacy. Additionally, its VRX v3.0 technology provides resistance to 51% attacks, adding another layer of security to the system. Another important feature is the project's mobile readiness, enabling lightweight wallet functionality.
The current circulating supply of DigitalNote (XDN) is 8.2B.
DigitalNote (XDN) can be currently purchased on the following exchanges: HitBTC, Bittrex. It's important to note that investment in cryptocurrencies is risky and should only be done with funds you can afford to lose. Always perform careful research before investing.
Safety is paramount when dealing with cryptocurrencies. It's advisable to store your DigitalNote in a personal wallet rather than keeping it on an exchange. It's also crucial to keep your private keys confidential and safe. Remember, losing access to your private keys means losing access to your DigitalNote. Always double-check the recipient's address before sending funds, as transactions in blockchain are irreversible.
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