DigitalNote (XDN)

Mkt. Cap.
$ 7.720 M
Vol. 24h
$ 0
Open 24h
$ 0,00
Low/High 24h
$ 0,00 - $ 0,00
Since
30/05/2014
Circulating Supply
6 906 587 610
Total Supply
8 589 869 056
Hash Algorithm
CryptoNight
Generation
PoW
Difficulty Adjustment
Every 1 block
Block R.R.
50%

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Margin Trading
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DigitalNote (XDN): Cryptocurrency Full Review

DigitalNote (XDN) is also known as DarkNote. It was launched as an anonymous cryptocurrency in 2014. The principle of XDN’s functioning is similar to Aeon and Monero. In general, XDN has a lot in common with Bitcoin, however, it uses special encryption algorithm that hides the root of every block and therefore prevents the users’ information and the transaction history from being seen by other participants and the third parties. The only people who are aware of the transaction made are the participants of this deal (a sender and a receiver).

How does it work?

The transactions are almost free of charge while peer-to-peer networking provides a high level of control to the investors and excludes any influence of the third parties. Every user has an account with a private key, which is linked to his or her personal bank account.

To start using DigitalNote, one should download and install a wallet. With the help of this wallet, a user will be able to join mining pools and make transactions. There are four versions of wallet available: two for Windows, one for Linux and Mac.

When you download a wallet to your computer, join the pool, and launch your CPU, and you will start getting new coins. The other way to receive XDN is to make a deposit with an interest rate of less than 1%. Thus, XDN can be converted to any other cryptocurrency and traded on the exchanges, if needed.

Special features

The main benefit of XDN is the high level of anonymity it offers. Users’ personal information is encrypted within the network while the transactions information stays visible to the deal members only. There is a messaging system implemented in the DigitalNote. The messages are guaranteed to be untraceable, too.

The DigitalNote platform provides users with a regular reward (about 150 XDN coins per year) for staying in the network and protects itself from the hacker attacks with the help of advanced encryption.

The other feature about XDN that is worth mentioning is an opportunity to send messages to the developers using the DigitalNote’s wallet.

This project strives to maximize the anonymity of the cryptocurrency users and hides every transaction or message to prevent any undesirable interventions. Today, DigitalNote is one of the strongest anonymous cryptocurrencies on the market.