Total Coins: 2938
Total Market Cap: $ 17,131,969,579,182
24H Trade Volume: $ 6,354,092,658
DigitalNote (XDN)
XDN
$ 0.002887839 ( -2.17%)
Mkt. Cap.
$ 19.95 M
Vol. 24H
XDN 0 ($ 0)
Open 24h
$ 0.0029520132
Low/High 24h
$ 0.0028236648 - $ 0.0029520132
Last trade
XDN 0 ($ 0) / HitBTC

Charts price for DigitalNote (XDN)

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Description of DigitalNote (XDN)

DigitalNote Origin

Release Date: May 30, 2014

DigitalNote is a fully open sourced and decentralized cryptocurrency created by anonymous developers, it is comparable to BTC or ETH. The project is based entirely on the cryptoNote anonymous.

DigitalNote Functionality

XDN is fully untraceable due to its unique encryption system. Additionally, it provides users with protected global transactions and messaging with close to zero fees.

XDN can be obtained on most popular cryptocurrency exchanges or by mining it using the DigitalNote wallet. Additionally, individuals can deposit their XDN coins and earn an annual interest of up to 15%.

Going back to the messaging system on DigitalNote. The currency provides users with untraceable and securely encrypted messaging. All transactions within the DigitalNote system are completely anonymous. Additionally, the DigitalNote Blockchain cannot be backtracked to tie transactions to one another, the entire system is totally unlinkable.

XDN experiences broad community support due to employing a mining system that is  Asic-resistance proof-of-work, while still providing miners with rewards. This is good due to the fact that while there is nothing necessarily wrong with a proof-of-work mining system that requires hardware, as in most cryptocurrencies, such as Bitcoin, it can in certain cases lead to centralization and a concentration of assets under one controlling party. But, thankfully, such an outcome didn’t bode well with the team behind XDN, as they believe that fair play is necessary for the crypto ecosystem to develop in a positive light.

An extra security layer, known as proof-of-activity will be added later on this year to the XDN protocol. Which will undoubtedly boost its appeal in the eyes of investors. At the time of writing, XDN’s market cap is just slightly shy of 50 million.