DigitalNote (XDN)
"DigitalNote is a robust Proof-of-Work + Proof-of-Stake hybrid blockchain with instant untraceable transactions and highly secure encrypted messaging features at its core."
DigitalNote pioneered blockchain locking rewards but never fulfilled its original promise to utilize staking to secure the network, UNTIL NOW. We are excited to announce long awaited
Proof-of-Stake functionality via our innovative PoW + PoS hybrid system! The old blockchain lock-reward system has evolved into full Proof-of-Stake, while still allowing for Proof-of-Work mining.
DigitalNote is resistant to the 51% attacks that plague other cryptocurrencies. We have taken a proactive approach verses 51% attacks since they are no longer just hypothetical in today's environment. The network deploys multiple layers of security to achieve this. First, the very nature of a PoW + PoS currency implies that an attacker must not only have 51% of the hashrate but they must also have 51% of the total amount of coins to be able to attempt an attack. This alone is very unlikely, but we have gone a step further by incorporating VRX v3.0. VRX v3.0 is a difficulty retargeting algorithm and system designed to keep PoW and PoS balanced, among other things. This system ensures that neither block type can overpower the other and both miners and stakers can benefit the blockchain equally, eliminating either as a potential 51% attack vector. Lastly, the new wallet verifies the entire incoming block before ever storing it to your disk, checking the stake difficulty and other parameters to make sure that a 51% attack is impossible. VRX v3.0 also deploys a velocity constraint system to ensure a narrow window around the desired block target (while still allowing for some variance) essentially eliminating timestamp attacks.
Additionally we are welcoming
user-run Masternodes to the network! Masternodes incentivize network cooperation, strengthen chain security and also upgrade the network to allow instant, anonymous transactions. The XDN network combines its legacy CryptoNote ring signature obfuscation (coming soon) with coin mixing enabled through the Masternode network to provide enhanced untraceability to transactions. The collateral required to operate a Masternode is 2,000,000 XDN (more technical information is available in the resource section).
The DigitalNote blockchain is
lightweight and mobile-ready. This will allow for features like a mobile encrypted messenger and mobile wallet, among other innovations.
Adaptive block sizes also help to govern the maximum allowable blocksize based off of network usage. This allows for seamless adaptability of the blockchain system to handle any kind of network load and environment.
Current News and Important InformationCongratulations community! HitBTC has been fully integrated DigitalNote and XDN is now tradeable with deposits and withdrawals open! For further information please read our announcement:
https://medium.com/@DigitalNoteXDN/digitalnote-xdn-open-for-business-on-hitbtc-b690b2252981XDN has also been added to the Abra mobile wallet. Not only can you now store your XDN securely and privately, but you can also purchase and sell XDN through the app. This is for US citizens only but international support is coming this December. Get started here:
https://abra.onelink.me/1810234085/digitalnote Minergate has announced that they will allow XDN withdrawals starting Nov 21:
https://twitter.com/minergate/status/1197530322033938441?s=12Freewallet will likely upgrade soon, following HitBTC's lead, as they have expressed their recent support for XDN. We will keep the community updated via our social media channels. The best place to stay in touch is our Discord channel or Twitter (links below).
Features*Encrypted Messaging
*Instant & Anonymous Transactions
*Resistance to 51% Attacks
*Masternode Network
*Proof-of-Work + Proof-of-Stake
*VRX v3.0 Difficulty Retargeting Algorithm
*Lightweight/Mobile Blockchain
*Adaptive Block Sizes
SpecificationsSupply cap: 10,000,000,000 XDN
Consensus: Proof-of-Work + Proof-of-Stake
PoW algorithm: bmw512 (Wish) - ASIC resistant
PoS algorithm: Echo512 - ASIC resistant
Block time target: 2 minutes
Minimum enforced block spacing: 45 seconds
Maximum block spacing (soft limit): 3.17 minutes
Confirmations required to spend: 15
Masternode collateral: 2,000,000 XDN
Block reward: 300 XDN (PoW + PoS + dev allocation)
Block reward split: 250 XDN PoW + PoS see-saw, 50 XDN dev allocation
Difficulty retarget: VRX v3.0 w/ hybrid chain swing
CodeBase origins: BTC 0.11 + reference source + custom XDN features (dynamic
max-block sizes, MN/Network payout see-saw, dev allocation, velocity blockchain
constraint system) + DASH features (Darksend, InstantTX, messaging, masternodes)
Masternode swing base: 100 XDN/block
Masternode swing peak: 200 XDN/block
Network swing base: 150 XDN/block
Network swing peak: 50 XDN/block
Emissions swing:Incremental step: 20% step
Interval: 30 blocks
Step per interval: 1 step
Steps per swing: 5 steps (up or down)
Epoch (see-saw finish): 15 intervals
Upswing duration: 5 intervals
Downswing duration: 5 intervals
Idle duration: 5 intervals (no adjustment)Wallet ReleasesOfficial DigitalNoteCore (current): https://github.com/DigitalNoteXDN/DigitalNote-2/releases Abra Mobile Wallet (international support in Dec 2019): https://abra.onelink.me/1810234085/digitalnoteTXT Wallet: On our Discord
https://discord.gg/4dUqutyOfficial ResourcesWhitepaper: http://www.digitalnote.biz/xdn/pdf/DigitalNote_Whitepaper.pdfRoadmap: http://www.digitalnote.biz/xdn/pdf/DigitalNote_Roadmap_2019.pdfWallet and Staking Guide: http://www.digitalnote.biz/xdn/pdf/DigitalNote_Wallet_Guide.pdfMasternode Setup Guide: http://www.digitalnote.biz/xdn/pdf/DigitalNote_MN_Guide.pdfDetailed Specs: http://www.digitalnote.biz/xdn/pdf/DigitalNote_Detailed_Specs.pdfOfficial LinksGithub: https://github.com/DigitalNoteXDNWebsite: https://www.digitalnote.biz/Block Explorers:http://explorer2.digitalnote.biz/http://explorer3.digitalnote.biz/http://explorer4.digitalnote.biz/Market Cap:https://coinmarketcap.com/currencies/digitalnote/https://www.coingecko.com/en/coins/digitalnotehttps://www.cryptocompare.com/coins/xdn/overviewJoin us on Social MediaDiscord: https://discord.gg/4dUqutyTelegram: https://t.me/XDNDigitalNoteTwitter: https://twitter.com/digitalnotexdnReddit: https://www.reddit.com/r/digitalNote/Facebook: https://www.facebook.com/digitalnoteMedium: https://medium.com/@DigitalNoteXDNSteemit: https://steemit.com/@digitalnotexdn Verified ExchangesBittrex: https://bittrex.com/Market/Index?MarketName=BTC-XDN Upbit: https://upbit.com/exchange?code=CRIX.UPBIT.BTC-XDN HitBTC: https://hitbtc.com/XDN-to-BTCCatEx: https://www.catex.io/trading/XDN/BTCFinexBox: https://www.finexbox.com/market/pair/XDN-BTC.htmlBitfineon (in beta, coming soon): https://bitfineon.com Pools duckypool: https://duckiepool.com/tokyopool: https://pool.rig.tokyo/zergpool: http://zergpool.com/Full list of current pools:
https://miningpoolstats.stream/digitalnoteAll information from the old thread has been archived:
https://web.archive.org/web/20190403060342/https://bitcointalk.org/index.php?topic=4451957.0