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Topic: [ANN] DigitalNote |XDN| - ICCO Announce - NEWS - page 109. (Read 450276 times)

hero member
Activity: 824
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
In the next 12-48 hours, we will release Fantomcoin FCN version 2. Hardfork. We will give time (~72h) for FCN pools and users to be ready.
Pools were notified about hf.
When will XDN news out?
hero member
Activity: 896
Merit: 1000
In the next 12-48 hours, we will release Fantomcoin FCN version 2. Hardfork. We will give time (~72h) for FCN pools and users to be ready.
Pools were notified about hf.
full member
Activity: 151
Merit: 100
any news dev?
newbie
Activity: 42
Merit: 0
Hey Dnote - Are Dwarfpool and Minergate on board for merged mining? Have a list of who will be participating?
legendary
Activity: 1988
Merit: 1000
lol Poloniex is a big mess up since they make money

Big thumbs down for them

Bittrex always been very receptive for thing like that
sr. member
Activity: 434
Merit: 250
Quote
We will introduce XMR+XDN Merged mining. So users who are mining Monero will be able to mine XDN at the same time with the same computing power and receive both XMR and XDN block rewards.

I would be very interested if anyone could post info on how this works.
I will see if I can dig up any information on Fantomcoin and Merged Mining.
sr. member
Activity: 380
Merit: 253
Twitter: @rogvirtualmoney
Major update introduction (update will be released next week Oct, 24 - Oct, 30)

As you may know, the main concern we have is the network security. Low hashrate may lead to various attacks. That is why we are working on PoA (proof of activity), to make DigitalNote network the most secure crypto network ever! But, as you may know PoA consist of two elements and one is still CryptoNight proof of work. The second one is the new PoA block.
PoA = 2 blocks "working together": PoW+"Block-from-deposits".
So with PoA we still need a strong PoW element to make it really secure.
At the same time, while PoW is a great way to secure, it is also the great way to waste energy. But we want to be environment-friendly and secure at the same time.
As you may know Monero, is the CryptoNote network with the highest hashrate - about 30 MH/s now. That is huge, but, imagine, how much energy it uses. Lots of energy. Really lots of energy. Why not use it in different ways, not just for securing Monero network?
This summer we were working on merged mining - XDN+XMR.
"Merged mining" is the process of allowing two different crypto currencies based on the same algorithm to be mined simultaneously.
XMR and XDN have the same ASIC resistant CryptoNight algo, and we will use XMR hashrate to improve XDN network and will improve energy efficiency ratio for both XMR and XDN.
We will introduce XMR+XDN Merged mining. So users who are mining Monero will be able to mine XDN at the same time with the same computing power and receive both XMR and XDN block rewards.
Merged mining hardfork will be released next week Oct, 24 - Oct, 30. Get ready.

Surprise introduction (surprise will be released next week Oct, 24 - Oct, 30)

We were not working on merged mining from scratch. There is one CryptoNote coin that has already introduced Merged Mining, called FantomCoin. It was abandoned by developers, having great potential. We could not reach FantomCoin developers to speak about FantomCoin development and Merged mining. FantomCoin is totally abandoned. But it helped us to make XDN merged mining. We started our experiments with FantomCoin and had a great progress. Learned so much from it. We can't just close our eyes and keep going.
We have to pay for our knowledge.
FantomCoin is pretty much outdated, barely working and so on. We will breathe new life into it, it will be reborn under the XDN-project flag, will have network improvements, will have XMR+FCN merged mining, the new wallet, etc.
And we will keep FantomCoin development in future as well.
FantomCoin will remain the "classic" CryptoNote coin with merged mining, with no messages, deposits or PoA.
So our surprise is: we are becoming new FantomCoin developers.

P.S. XDN is our primary priority, we are working on PoA and hopefully, will introduce it in 2017. Before PoA introduction we should deal with improving XDN PoW hashrate to make the first PoA element strong enough.

P.P.S. Major update = merged mining XMR+XDN
         Our surprise  = FantomCoin rebirth under the XDN-project flag
Up

First read implies interesting & promising news, will double-check in deeper later this day.
It may not be today but soon believe in 70-80
hero member
Activity: 573
Merit: 500
Bitcore BTX
Major update introduction (update will be released next week Oct, 24 - Oct, 30)

As you may know, the main concern we have is the network security. Low hashrate may lead to various attacks. That is why we are working on PoA (proof of activity), to make DigitalNote network the most secure crypto network ever! But, as you may know PoA consist of two elements and one is still CryptoNight proof of work. The second one is the new PoA block.
PoA = 2 blocks "working together": PoW+"Block-from-deposits".
So with PoA we still need a strong PoW element to make it really secure.
At the same time, while PoW is a great way to secure, it is also the great way to waste energy. But we want to be environment-friendly and secure at the same time.
As you may know Monero, is the CryptoNote network with the highest hashrate - about 30 MH/s now. That is huge, but, imagine, how much energy it uses. Lots of energy. Really lots of energy. Why not use it in different ways, not just for securing Monero network?
This summer we were working on merged mining - XDN+XMR.
"Merged mining" is the process of allowing two different crypto currencies based on the same algorithm to be mined simultaneously.
XMR and XDN have the same ASIC resistant CryptoNight algo, and we will use XMR hashrate to improve XDN network and will improve energy efficiency ratio for both XMR and XDN.
We will introduce XMR+XDN Merged mining. So users who are mining Monero will be able to mine XDN at the same time with the same computing power and receive both XMR and XDN block rewards.
Merged mining hardfork will be released next week Oct, 24 - Oct, 30. Get ready.

Surprise introduction (surprise will be released next week Oct, 24 - Oct, 30)

We were not working on merged mining from scratch. There is one CryptoNote coin that has already introduced Merged Mining, called FantomCoin. It was abandoned by developers, having great potential. We could not reach FantomCoin developers to speak about FantomCoin development and Merged mining. FantomCoin is totally abandoned. But it helped us to make XDN merged mining. We started our experiments with FantomCoin and had a great progress. Learned so much from it. We can't just close our eyes and keep going.
We have to pay for our knowledge.
FantomCoin is pretty much outdated, barely working and so on. We will breathe new life into it, it will be reborn under the XDN-project flag, will have network improvements, will have XMR+FCN merged mining, the new wallet, etc.
And we will keep FantomCoin development in future as well.
FantomCoin will remain the "classic" CryptoNote coin with merged mining, with no messages, deposits or PoA.
So our surprise is: we are becoming new FantomCoin developers.

P.S. XDN is our primary priority, we are working on PoA and hopefully, will introduce it in 2017. Before PoA introduction we should deal with improving XDN PoW hashrate to make the first PoA element strong enough.

P.P.S. Major update = merged mining XMR+XDN
         Our surprise  = FantomCoin rebirth under the XDN-project flag
Up

First read implies interesting & promising news, will double-check in deeper later this day.
eeX
hero member
Activity: 961
Merit: 500
Soldo.IN [SLD]
So how long to wait yet?
legendary
Activity: 2548
Merit: 1009
Leading Crypto Sports Betting & Casino Platform
Polo keep temporary deposit...  Roll Eyes
sr. member
Activity: 380
Merit: 253
Twitter: @rogvirtualmoney
Major update introduction (update will be released next week Oct, 24 - Oct, 30)

As you may know, the main concern we have is the network security. Low hashrate may lead to various attacks. That is why we are working on PoA (proof of activity), to make DigitalNote network the most secure crypto network ever! But, as you may know PoA consist of two elements and one is still CryptoNight proof of work. The second one is the new PoA block.
PoA = 2 blocks "working together": PoW+"Block-from-deposits".
So with PoA we still need a strong PoW element to make it really secure.
At the same time, while PoW is a great way to secure, it is also the great way to waste energy. But we want to be environment-friendly and secure at the same time.
As you may know Monero, is the CryptoNote network with the highest hashrate - about 30 MH/s now. That is huge, but, imagine, how much energy it uses. Lots of energy. Really lots of energy. Why not use it in different ways, not just for securing Monero network?
This summer we were working on merged mining - XDN+XMR.
"Merged mining" is the process of allowing two different crypto currencies based on the same algorithm to be mined simultaneously.
XMR and XDN have the same ASIC resistant CryptoNight algo, and we will use XMR hashrate to improve XDN network and will improve energy efficiency ratio for both XMR and XDN.
We will introduce XMR+XDN Merged mining. So users who are mining Monero will be able to mine XDN at the same time with the same computing power and receive both XMR and XDN block rewards.
Merged mining hardfork will be released next week Oct, 24 - Oct, 30. Get ready.

Surprise introduction (surprise will be released next week Oct, 24 - Oct, 30)

We were not working on merged mining from scratch. There is one CryptoNote coin that has already introduced Merged Mining, called FantomCoin. It was abandoned by developers, having great potential. We could not reach FantomCoin developers to speak about FantomCoin development and Merged mining. FantomCoin is totally abandoned. But it helped us to make XDN merged mining. We started our experiments with FantomCoin and had a great progress. Learned so much from it. We can't just close our eyes and keep going.
We have to pay for our knowledge.
FantomCoin is pretty much outdated, barely working and so on. We will breathe new life into it, it will be reborn under the XDN-project flag, will have network improvements, will have XMR+FCN merged mining, the new wallet, etc.
And we will keep FantomCoin development in future as well.
FantomCoin will remain the "classic" CryptoNote coin with merged mining, with no messages, deposits or PoA.
So our surprise is: we are becoming new FantomCoin developers.

P.S. XDN is our primary priority, we are working on PoA and hopefully, will introduce it in 2017. Before PoA introduction we should deal with improving XDN PoW hashrate to make the first PoA element strong enough.

P.P.S. Major update = merged mining XMR+XDN
         Our surprise  = FantomCoin rebirth under the XDN-project flag
Up
hero member
Activity: 649
Merit: 500
I might look into mining XDN soon if XMR drops a little more.

Can you explain your math to me? Because I just can't get it.
hero member
Activity: 573
Merit: 500
Bitcore BTX
 Shocked

bought up the news  Cool
legendary
Activity: 1484
Merit: 1029
So dNote has been mining FCN alone for a year and now wants to pump it? Is there even an exchange for FCN?

I was not mining FCN at all. Only when we did merged mining experiments this summer with the very low hashrate (<1kh/s on testnet). Please, read my statement about the reason why XDN team will take FCN development. Thank you.

I think its good to keep the old coins going - we are doing a similar thing with IXC (which was fully mined a few years ago - but blockchain still moving, just), I might look into mining XDN soon if XMR drops a little more.
hero member
Activity: 896
Merit: 1000
So dNote has been mining FCN alone for a year and now wants to pump it? Is there even an exchange for FCN?

I was not mining FCN at all. Only when we did merged mining experiments this summer with the very low hashrate (<1kh/s on testnet). Please, read my statement about the reason why XDN team will take FCN development. Thank you.
member
Activity: 99
Merit: 10
So dNote has been mining FCN alone for a year and now wants to pump it? Is there even an exchange for FCN?

https://hitbtc.com/exchange/FCN-to-BTC
member
Activity: 105
Merit: 10
So dNote has been mining FCN alone for a year and now wants to pump it? Is there even an exchange for FCN?
member
Activity: 99
Merit: 10
i hear fantomcoin is coming over to poloniex as its under the XDN branding, great news! watch the remaining at HiBTC.com get brought up fast.


How does this world? How can 2 coins share the same ticker symbol ?

I think user misunderstood something.

What links Fantomcoin and XDN?
What will be integrated next?


Quoted from XDN developers.

Surprise introduction (surprise will be released next week Oct, 24 - Oct, 30)

FantomCoin is pretty much outdated, barely working and so on. We will breathe new life into it, it will be reborn under the XDN-project flag, will have network improvements, will have XMR+FCN merged mining, the new wallet, etc.
And we will keep FantomCoin development in future as well.


To be clear we will keep the old FCN blockchain, will start new repo and will develop FCN side-by-side with XDN.
member
Activity: 85
Merit: 10
i hear fantomcoin is coming over to poloniex as its under the XDN branding, great news! watch the remaining at HiBTC.com get brought up fast.


How does this world? How can 2 coins share the same ticker symbol ?

I think user misunderstood something.

What links Fantomcoin and XDN?
What will be integrated next?
hero member
Activity: 896
Merit: 1000
i hear fantomcoin is coming over to poloniex as its under the XDN branding, great news! watch the remaining at HiBTC.com get brought up fast.


How does this world? How can 2 coins share the same ticker symbol ?

I think user misunderstood something.
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