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What is PoA?
What is PoA?
Proof-of-activity. I think it will be kind of like proof-of-stake, except maybe you have to lock coins for some amount of time, rather than just hold them in wallet.
Topic: [ANN] DigitalNote |XDN| - ICCO Announce - NEWS - page 135. (Read 450276 times)
Proof-of-activity. I think it will be kind of like proof-of-stake, except maybe you have to lock coins for some amount of time, rather than just hold them in wallet.
XDN is a proof of work coin. After digitalnote stage we have XDN blockchain deposits (banking).
You can "lock" your XDN and get it back with interest after "unlock".
E.G. With DigitalNote wallet you can "lock" 100 000 XDN for the period of 22000 blocks (~2 month) and get 100000.00000000 XDN + 125.00000000 XDN after unlock.
When PoA will be implemented deposits will act as a PoS part.
XDN deposits is the very first step before PoA.
PoA will be introduced after everything will be done and well tested. That will be a major event and XDN will become the most secure blockchain in the entire World.
You can "lock" your XDN and get it back with interest after "unlock".
E.G. With DigitalNote wallet you can "lock" 100 000 XDN for the period of 22000 blocks (~2 month) and get 100000.00000000 XDN + 125.00000000 XDN after unlock.
When PoA will be implemented deposits will act as a PoS part.
XDN deposits is the very first step before PoA.
PoA will be introduced after everything will be done and well tested. That will be a major event and XDN will become the most secure blockchain in the entire World.
What is PoA?
Is it possible to add Coin Control to the wallet?
Very useful feature, will add to task list, but not with high priority.
We are working on PoA now. That is the highest priority. Although we will release new version of digitalnotewallet GUI with minor bug fixes and improvements in few weeks.
Thank you for the update, dNote. As always, your hard work and dedication to DigitalNote is appreciated.
Is it possible to add Coin Control to the wallet?
Very useful feature, will add to task list, but not with high priority.
We are working on PoA now. That is the highest priority. Although we will release new version of digitalnotewallet GUI with minor bug fixes and improvements in few weeks.
Is it possible to add Coin Control to the wallet?
hey dnote, i sent some xdn from my wallet, but it looks like it wasnt synced (there was warning that last block was found 400 hours ago)
now this tx is shown with "?" in the wallet with 0 confirmations
will it go somewhere (forward or back) ?
upd: i've installed 1.0.6., resynced and did succesful tx - but previous one is in '?' state
any chance to have coins back?
now this tx is shown with "?" in the wallet with 0 confirmations
will it go somewhere (forward or back) ?
upd: i've installed 1.0.6., resynced and did succesful tx - but previous one is in '?' state
any chance to have coins back?
Hi, export-import you private text key (receive tab-> show private key) to new wallet (File->import private key; Paste your key and type new wallet path) and resync it.
hey dnote, i sent some xdn from my wallet, but it looks like it wasnt synced (there was warning that last block was found 400 hours ago)
now this tx is shown with "?" in the wallet with 0 confirmations
will it go somewhere (forward or back) ?
upd: i've installed 1.0.6., resynced and did succesful tx - but previous one is in '?' state
any chance to have coins back?
now this tx is shown with "?" in the wallet with 0 confirmations
will it go somewhere (forward or back) ?
upd: i've installed 1.0.6., resynced and did succesful tx - but previous one is in '?' state
any chance to have coins back?
really. why should xdn be more secure than https://ricochet.im?
and unfortunately still not synching.
1. Even the fact of message sending is unknown with XDN
2. Strongest encryption. Only recipient can decrypt his message with his private key (by the way we will introduce new encryption option in next XDN releases to provide crypto "channels" interface.)
3. Messages route is unknown
4. Messages are stored in blockchain so recipient can decrypt it and read it after ages
5. You can send "tokens of value" with your messages
Secure, Private, Untraceable, Ready for long term information storage,
And yes, its Instant.
ABout Sync issue:
We have a minor issue with DNS resolve, we will solve it ASAP
It would be good if you will try not to keep it running, but restart it and wait for about 2-3 min, try to make it few times, it may help.
my wallet synched today. i hope this will stay like that.
and i am going to test the message speed again soon to convince others to use xdn.
although the mobile version is still missing.
Good.
We are working on API with all XDN features support for mobile developers.
really. why should xdn be more secure than https://ricochet.im?
and unfortunately still not synching.
1. Even the fact of message sending is unknown with XDN
2. Strongest encryption. Only recipient can decrypt his message with his private key (by the way we will introduce new encryption option in next XDN releases to provide crypto "channels" interface.)
3. Messages route is unknown
4. Messages are stored in blockchain so recipient can decrypt it and read it after ages
5. You can send "tokens of value" with your messages
Secure, Private, Untraceable, Ready for long term information storage,
And yes, its Instant.
ABout Sync issue:
We have a minor issue with DNS resolve, we will solve it ASAP
It would be good if you will try not to keep it running, but restart it and wait for about 2-3 min, try to make it few times, it may help.
my wallet synched today. i hope this will stay like that.
and i am going to test the message speed again soon to convince others to use xdn.
although the mobile version is still missing.
If you want to sign blocks with PoS and get reward for it (150 XDN reward for PoS block) you should:
1. Make XDN deposit ("lock" some XDN)
2. Stay online with your wallet with deposited XDN
3. Profit! Now you have a chance to sign new block and get 150 XDN reward for it (in addition to deposits interest)
1. Make XDN deposit ("lock" some XDN)
2. Stay online with your wallet with deposited XDN
3. Profit! Now you have a chance to sign new block and get 150 XDN reward for it (in addition to deposits interest)
I will deposit some of XDN on monday. Tell me does reward increases if, for example I deposit 20.000 XDN? What is approx time needed for this to take effect?
Those are great news I can tell you. Just keep up the good work.
PoA is not implemented yet, but you can use deposits.
Min. amount of XDN to "lock" on deposits = 150 XDN
Min time to "lock" = 11000 blocks (~1 month)
Deposits interest rate depends only on "lock" time. (~0.4%-1.03% annual)
E.G. With 150 XDN deposit and 11000 blocks "lock" time annual interest rate ~ 0.4% and you will receive 150XDN + 0.05 XDN after "unlock".
With 150 XDN deposit and 110000 blocks "lock" time annual interest rate ~ 1.03% and you will receive 150XDN + 1.2875 XDN after "unlock".
But when PoA will be implemented you will have a higher chance to sign new PoS blocks so higher chance to get more rewards.
New PoA block rewards will have the same reward rate as PoW blocks = 150XDN.
New PoS blocks will almost immediately follow PoW blocks, so we will have about 4 min between PoS blocks, so every PoS online stake holder will have a chance to get 150 XDN block reward every 4 min for signing PoS block.
If you want to sign blocks with PoS and get reward for it (150 XDN reward for PoS block) you should:
1. Make XDN deposit ("lock" some XDN)
2. Stay online with your wallet with deposited XDN
3. Profit! Now you have a chance to sign new block and get 150 XDN reward for it (in addition to deposits interest)
1. Make XDN deposit ("lock" some XDN)
2. Stay online with your wallet with deposited XDN
3. Profit! Now you have a chance to sign new block and get 150 XDN reward for it (in addition to deposits interest)
I will deposit some of XDN on monday. Tell me does reward increases if, for example I deposit 20.000 XDN? What is approx time needed for this to take effect?
Those are great news I can tell you. Just keep up the good work.
My wallet left open overnight did not sync... its the windows beta one
Try to restart it few times with 2-3 min running.
really. why should xdn be more secure than https://ricochet.im?
and unfortunately still not synching.
1. Even the fact of message sending is unknown with XDN
2. Strongest encryption. Only recipient can decrypt his message with his private key (by the way we will introduce new encryption option in next XDN releases to provide crypto "channels" interface.)
3. Messages route is unknown
4. Messages are stored in blockchain so recipient can decrypt it and read it after ages
5. You can send "tokens of value" with your messages
Secure, Private, Untraceable, Ready for long term information storage,
And yes, its Instant.
ABout Sync issue:
We have a minor issue with DNS resolve, we will solve it ASAP
It would be good if you will try not to keep it running, but restart it and wait for about 2-3 min, try to make it few times, it may help.
legendary
Activity: 1680
Merit: 1010
Professional Native Greek Translator (2000+ done)
My wallet left open overnight did not sync... its the windows beta one
where do you guys spend you xdn?
I got some of mine from an employer turned friend and gave me some xdn tips. I just don't know how where to spend these and so maybe I can just then exchange these to btc.
I got some of mine from an employer turned friend and gave me some xdn tips. I just don't know how where to spend these and so maybe I can just then exchange these to btc.
"%*ç*%*ç*ç*
i just tried to show xdn-messages to a friend of mine while. but wallet does not synch. 1/1
so we switched to https://ricochet.im
this is really sad.
i just tried to show xdn-messages to a friend of mine while. but wallet does not synch. 1/1
so we switched to https://ricochet.im
this is really sad.
Seed nodes will be good this week.
P.S. You can tell your friend that XDN is much more secure than anything he can find in terms of sensitive information transfer / storing.
P.S.S. Please try it again it should be good now. Thank you, we found some bug with DNS seed nodes, will fix it soon in next version.
really. why should xdn be more secure than https://ricochet.im?
and unfortunately still not synching.
this coin is proof of stake?
XDN is a proof of work coin. After digitalnote stage we have XDN blockchain deposits (banking).
You can "lock" your XDN and get it back with interest after "unlock".
E.G. With DigitalNote wallet you can "lock" 100 000 XDN for the period of 22000 blocks (~2 month) and get 100000.00000000 XDN + 125.00000000 XDN after unlock.
When PoA will be implemented deposits will act as a PoS part.
XDN deposits is the very first step before PoA.
PoA will be introduced after everything will be done and well tested. That will be a major event and XDN will become the most secure blockchain in the entire World.
does the deposits system work ok? should we fully trust the beta wallet? how long does it take to sync? how will pos work.
sorry for big amounts of questions but this is really interesting.
my wallet seems stuck at 1/1 synchonising allowed through the firewall
Deposit system works ok. You can "lock" and withdraw deposits.
Current XDN Network deposits stats:
Block height: 242248
Block difficulty: 2895149
Total coins in network: 6858236408.61414663
Total coins on deposits: 172530049.52519974 (2.51566203%)
Amount of active coins: 6685706359.08894689 (97.48433796%)
Total interest paid: 507642.96357385
You can trust DigitalNote beta wallet, it works fine, but may have some minor issues.
Sync is pretty fast, depends on your connection it may take up to few hours, but any way XDN is the most space efficient CryptoNote cryptocurrency with fast Sync, because of unique small block size and no dust in blockchain (unlike any other CryptoNote cryptocurrency).
PoS will be based on XDN deposits.
If you want to sign blocks with PoS and get reward for it (150 XDN reward for PoS block) you should:
1. Make XDN deposit ("lock" some XDN)
2. Stay online with your wallet with deposited XDN
3. Profit! Now you have a chance to sign new block and get 150 XDN reward for it (in addition to deposits interest)
legendary
Activity: 1680
Merit: 1010
Professional Native Greek Translator (2000+ done)
this coin is proof of stake?
XDN is a proof of work coin. After digitalnote stage we have XDN blockchain deposits (banking).
You can "lock" your XDN and get it back with interest after "unlock".
E.G. With DigitalNote wallet you can "lock" 100 000 XDN for the period of 22000 blocks (~2 month) and get 100000.00000000 XDN + 125.00000000 XDN after unlock.
When PoA will be implemented deposits will act as a PoS part.
XDN deposits is the very first step before PoA.
PoA will be introduced after everything will be done and well tested. That will be a major event and XDN will become the most secure blockchain in the entire World.
does the deposits system work ok? should we fully trust the beta wallet? how long does it take to sync? how will pos work.
sorry for big amounts of questions but this is really interesting.
my wallet seems stuck at 1/1 synchonising allowed through the firewall
"%*ç*%*ç*ç*
i just tried to show xdn-messages to a friend of mine while. but wallet does not synch. 1/1
so we switched to https://ricochet.im
this is really sad.
i just tried to show xdn-messages to a friend of mine while. but wallet does not synch. 1/1
so we switched to https://ricochet.im
this is really sad.
Seed nodes will be good this week.
P.S. You can tell your friend that XDN is much more secure than anything he can find in terms of sensitive information transfer / storing.
P.S.S. Please try it again it should be good now. Thank you, we found some bug with DNS seed nodes, will fix it soon in next version.
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