DigitalNote is a proof of work, blockchain banking deposits is not a PoS. We will implement proof-of-activity based on deposits, but we will always keep ASIC-resistant Proof-of-work.
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aaand merging from here http://digitalnotetalk.org/digitalnote-xdn-crypto-messages-20-upcoming-infochain-and-crypto-channelsDigitalNote XDN crypto messages 2.0. Upcoming infochain and crypto channels. Very soon (Autumn 2015) we will introduce DigitalNote XDN crypto messages version 2.0. I will explain it here. Now DigitalNote has an untraceable crypto messages feature. Encryption process is based on recipient`s private key. Only recipient can decrypt his message with his private key. That makes XDN messages very secure, even the message sender can`t decrypt his message. Now we use recipient`s private key, so users can`t share their messages, unless they want their XDN to be moved from their wallets wink With XDN crypto messages 2.0 we will add an ability to encrypt your message with recipient`s tracking key. By sharing your tracking key you will make all your crypto messages availible for decryption for the entire world, but your XDN will still be safe and secure, because your of your private key. I will describe two use cases of DigitalNote XDN crypto messages 2.0. Crypto channels. Like CryptoTwitter.Imagine, some guy decide to start his crypto channel, based on XDN blockchain. He needs to share his DigitalNote address and tracking key for that address. So he will receive some small income with messages and he can share his channel on some web frontend service. Infochain. Information sharing.Imagine, some group of people or one man decide to share some encrypted information in one moment of time. They only need to make their tracking key public and after that the entire world will have an ability to decrypt and read that information.
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Latest DigitalNote XDN cryptocurrency blockchain banking stats:
print_stat Block height: 165545 Block difficulty: 5326486 Total coins in network: 6846225312.89235486 Total coins on deposits: 189813839.36893340 (2.77253275%) Amount of active coins: 6656411473.52342146 (97.22746724%) Total interest paid: 1335.08831186
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DigitalNote September hashrate rally. Pool admin donations. Starts on September 15 - October 15.http://digitalnotetalk.org/digitalnote-september-hashrate-rally-pool-admin-donations-starts-september-15-october-15New rules. Pool admins will get +150 XDN pool admin donation for every block on their pool. New pools, established in September 15 - October 15 will have an additional +850 XDN for every block, so new admins of a new pools will receive +1000 XDN for every block in that period. Short rules: Period: September 15 - October 15Pool admins bonus: +150 XDN for every blockPool admins bonus, new pool: +1000 XDN for every blockLets keep XDN hashrate high, before Proof-of-activity implementation.
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Nice community action - DigitalNote XDN Universities promotion campaign. Colorado.Spreading XDN info with paper wallets flayers. http://digitalnotetalk.org/digitalnote-xdn-universities-promotion-campaign-colorado![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fdigitalnotetalk.org%2Fsites%2Fdigitalnotetalk.org%2Ffiles%2Fmedia%2Fxdnincolorado.png&t=665&c=7o2wiCcABjE6fg) We keep hard work with DigitalNote core to improve it to enterprise level. In the mid September we will introduce a major core and RPC interface improvements. Thank you for your action, XDN is moving forward, stay tuned.
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Here are the latest XDN blockchain banking deposits stat: Block height: 164518 Block difficulty: 6869648 Total coins in network: 6846071260.52623845 Total coins on deposits: 188730057.00481699 (2.75676442%) Amount of active coins: 6657341203.52142146 (97.24323557%) Total interest paid: 1332.72219545
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wow ,look price @bittrex ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) Yes, just a short time. An explaination ? i think someone bought mistakely May i know why do you think so?
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print_stat Block height: 163368 Block difficulty: 5398563 Total coins in network: 6845898780.07750121 Total coins on deposits: 187768707.00481699 (2.74279116%) Amount of active coins: 6658130073.07268422 (97.25720883%) Total interest paid: 1332.67219545
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hello what is blockchain deposit ? is it same as pos system ?
edit:i got it but not completely and i want to ask something will you increase the deposit interest rate ?
DigitalNote blockchain banking deposit is not the same as PoS. DigitalNote is a Proof-of-work cryptocurrency. Deposit is a "lock" of XDN. Interest rate depends on deposit time. Deposit interest is a source of new XDN emission - new generated notes, not mining, but "locking". In future we will implement Proof-of-Activity (PoA) on the top of deposits, so staying online with deposited XDN will give you an additional XDN (Deposit interest rate increase here). DigitalNote generation: Mining - 150 XDN minimum block reward + transaction fee Deposit interest - 0.4 to 1.094% annual In future there gonna be an additional XDN rewards for PoA deposits.
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On September 10 we will introduce the new hashrate rally rules. On September 15 there will be a start of Hashrate rally.
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print_stat Block height: 162535 Block difficulty: 5737488 Total coins in network: 6845773844.18488094 Total coins on deposits: 187567308.00481699 (2.73989927%) Amount of active coins: 6658206536.18006395 (97.26010072%) Total interest paid: 1332.27186212
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XDN foundation have never been a part of XDN development team. I guess they still may make some backstage DigitalNote promotion.
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If there are some JS folks around here? its gonna be cool to see some service like preev.com for DigitalNote and also DigitalNote vs oil would be great ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) In a few year its gonna be DigitalNote vs Green Energy price calc ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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I could up mine to Mega if you want …
For sure you can, and i guess community will appreciate that. But still direct sync is a way to go because of security reasons. XDN blockchain is very lightweight because there is no dust and after more than a year there are only about 160000 blocks. "XDN generation transactions" are small too compared to any other CryptoNote cryptocurrency. We are focused on blockchain performance and scalability long before XDN launch with other blockchain technologies. So XDN blockchain is quick to sync and you stay protected if you make a common digitalnote network synchronization. If you make some blockchain copies for community download i suggest to use PGP signature. By the way we will implement a very cool "Digital Person" feature (OpenID-DigitalName-PGP-XDN blockchain) - on xdn.io and DigitalNote blockchain with "XDN infochain" functions. Summer was sunny, work was hard, autumn XDN features harvest will be significant.
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There is no new blockchain file yet for a separate download, but network sync is pretty fast. We are going to launch DigitalNote website, wiki and other XDN services in the beginning of September with good download section.
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