Topic: [ANN]XDNA-Revolution in cryptocurrency|POS|Charity Support|NoICO| - page 32. (Read 90356 times)

Web site and whitepaper are important for better understanding of any project. So at the beginning, just start form it.

Oh, thank you for the link) I just forgot to check whitepaper but it is one of the most important of project’s documentation

I think that now we should better concentrate our attention on investing and bounty campaigns rather then mining

I think that we will  have listing on more exchanges proportionaly to volumes grow. However, we will see it soon..

I think in 2 words to explain the essence of technology and the concept of the XDNA project will not work. Check on of.sayte, read this thread. I think that you will find the most answers to your questions.

We have prepared the new version of our WP



https://xdna.io/wp-content/uploads/2018/11/XDNA_Whitepaper_2.0_ENG.pdf
https://xdna.io/wp-content/uploads/2018/11/XDNA_Whitepaper_2.0_RUS.pdf

We pointed out all the innovations and changes that have occurred in our wonderful project in the short time that it successfully exists in order to adapt to the emerging threats to our stability and further successful existence!

The problem (July 2018): due to the emergence in the market of such a nascent type of computer technology as FPGA, XDNA project was faced with a dangerous situation in which at a fairly high level of daily emissions more than 80% of the hashrate belonged to one of the largest plants on the planet with FPGA, configured for mining Keccak algo.

The solution (July 2018, implemented 6.08.18): New algorithm, created from scratch by the team of developers of XDNA and the support of the development team Z-ENEMY, the first on the market true FPGA-resistant algorithm: HEX.
After its implementation, we solved the problem that arose before us, protected the interests of honest GPU miners of our project and defended one of the main principles of the Blockchain projects - decentralization of the network, bringing it to a fundamentally new level.
The algorithm was subsequently recognized by many respected publications and Crypto figures as one of the most secure and promising for the GPU POV market in 2018, and such a well-known resource as Whattomine.com added it immediately to the main page of its service, even when it was running only XDNA.


Economic fork "CutTheGun" with update 1.3.0


Problem (occurred-September 2018):
Like any innovators, we were not immune to the possible problems that our innovations could cause. As the first months of existence showed, the algorithm of dynamic change of the block reward of Bitgun did not fully protect the interests of miners, as well as investors, since in the realities of a wary and depressed market there were some doubts about the feasibility of investing in the project because of its potentially Hyper-emission nature. We put this issue to an open vote among all our community on all our media and offered some options to optimize this situation.

 - As a result of the chosen, most promising option, we began a time-consuming process of code development and competent implementation of these changes in the live blockchain.
 - Finally, we implemented the latest update, 1.3.0, which happened without any excesses.

The essence of this change is based in 2 principles:

 1) We created the mechanism of natural deflation, wherein the block reward at all Bitgun levels reduced by 6.94% every month for the next 2 years (or 24 months)
 2) We changed the % of the block reward distribution between miners and investors, slightly reducing the reward of miners and significantly increasing the reward of MN investors

As a result of our work we have reduced the total project emissions by more than 400%! From 366,000,000 to 80,260,000 !

We added two new areas of the development - XDNA Creation and XDNA Research, in addition to XDNA Foundation, which nevertheless still remains the main aim for the our project. Read more in the Whitepaper.

Soon we will update the WP in other languages and will notify you about it!

Progressive , Charity
Well...…. it's hard with only 2 words! But the XDNA team is constantly evolving this project, very few of the masternode coins, if not only DASH, are constantly progressing. DASH is very expensive though and XDNA is still in its early days and cheap.
We're also supporting charity acts, please bookmark http://foundation.xdna.io ! We'll soon open a platform where people can ask for help, present their case and users will be able to donate/crowfund using XDNA. Everything will be transparent through the XDNA Foundation platform.

The 1st fork was to change from the Keccak hashing algorithm to HEX. The team had noticed a large amount of hashrate (up to 75% of the network) from a single entity, probably an ASIC? We don't know for sure. But in any case the HEX algo is built from the team and it's a similar but superior solution of the famous x16r; You can read more about HEX in our Whitepaper, Page 19. I'll also quote the sum of it without the technical details,

The details of the other fork will be listed in my next post, I want to make a clean post when I repost official announcements!

Ok, explain to me in 2 words what are the advantages of investing in this coin and not for example in any other one with masternotes. It seems to me that there is one principle everywhere and they are all done in the same way.

They say that during such a short time of existence in the project 2 hard-forks have already been carried out. What was the reason?

Everything in the new Whitepaper is up-to-date with the latest blockchain update (fork) and the HEX algo, our first Whitepaper was mentioning details about Keccak algo which XDNA was using initially.
In a bit I'll also post another informative announcement from the team.

No need to trust only advertising. you need to include your own brains and study the project. Its technical part, to see who is in the team, what the team is doing.

Well, with these parameters, everything is fine with XDNA. Delve into the project more deeply! I am sure you will like it!

I’ve been following this XDAN project recently, but they say that the development team is working very honestly here! The guys praise their work!

Several months? I knew that XDNA is a young project, but I didn’t think that it was so young! It turns out that we stand at the origins of the project!

It seems to me that the payback of XDNA is less than 2 years. Much less. I think that maybe even about a year.

like that fact because many investors don't want to worry about it all and what's on their mind is only profit, even though not all projects run properly

Correctly you say, many investors complain that they lost money because they did not study the project, but simply were led to advertising.

In the XDNA project, something constantly changes. Developers are very active. I look after them on GitHub. They are really great!

Before investing, you need to study everything very well and get into all the nuances of the project!