XDN meaning in Cryptocurrency ?

Cryptocurrency Miscellaneous in Cryptocurrency . 1 month ago

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DigitalNote describes itself as a decentralized Proof-of-Work(bmw512)/Proof-of-Stake(echo512) hybrid blockchain with fast, untraceable transactions and encrypted messaging features. The network is reportedly resistant to 51% attacks via its VRX v3.0 technology and it is mobile-ready with lightweight wallet functionality. A masternode network reportedly enhances untraceability and provides incentive for users to secure the network, whilst enabling fast private transactions and P2P messaging that are difficult to trace or censor. Miners and stakers are encouraged to participate via network fee payouts, facilitating consistent block generation and a fast network.

DigitalNote was originally released as "duckNote" by an anonymous individual or group of individuals under the pseudonym "dNote" in 2014. Over the years more advancements were added to the protocol, with each major upgrade rebranding the name of the protocol (first "DarkNote" and then ultimately "DigitalNote"). Much like Bitcoin's "Satoshi Nakamoto", the original founder(s) vanished in 2017, leaving the open source code to be updated by a community team who have since continued development.

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Posted on 19 Nov 2024, this text provides information on Cryptocurrency related to Miscellaneous in Cryptocurrency. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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