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DigitalNote
DigitalNote (XDN) (formerly known as duckNote and DarkNote) is a decentralized private cryptocurrency. It is based on CryptoNote anonymous technology and has a unique untraceable encrypted messaging system with blockchain based staking for a defined period.
DigitalNote provides instant worldwide privacy protected transactions and untraceable encrypted messaging transfers with extremely low processing fees in a decentralized peer-to-peer network. Mathematics secures the XDN network and empowers individuals to control their own finances and information. Your private key gives you access to your funds with no central censorship, surveillance or intervention. XDN offers the freedom to transact in total privacy.
The DigitalNote coin price online via CoinMarketCap:
At the time of writing this article, DigitalNote cryptocurrency was traded on the following exchanges:
History
The history of DigitaNote cryptocurrency started in May 30, 2014 when the “duckNote” cryptocurrency was launched. It was one of the first cryptocurrencies to start using CryptoNote protocol and aiming to establish a truly secure and private digital asset. In September 2014 ducknote was rebranded and the DarkNote cryptocurrency was introduced. It was a significant upgrade that provided a number of new and significant features.
Darknote features were:
- CPU-efficient mining
- Multi-signature support
- Unlinkable transactions
- Blockchain analysis resistance
- ASIC resistance
- Encrypted messaging
DarkNote was further improved and changed the name to DigitalNote. DigitalNote improved upon the DarkNote features, fixed a number of bugs and introduced new technological solutions. DigitalNote is a community-driven project and changed its core development team several times, however, most of the developers are anonymous. DigitalNote offers merged-mining compatible with Monero and is powered by the CryptoNight7 algorithm. However, mining and exchange are not the only ways of gaining DigitalNote coins. DigitalNote offers staking option which is performed by locking some amount of funds for a determined period of time. It provides the network with some stability and encourages users to make long-term investments in the project. DigitalNote wallet is available as both console and graphic wallet solution for the users of the cryptocurrency.
Specifications
| Specification | Value |
|---|---|
| Total supply | 8 589 869 056 XDN |
| Block reward | 150 XDN |
| Block time | 2 minutes |
| Consensus algorithm | Proof of Work |
| Mining algorithm | CryptoNight v.7 |
