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Question: Before PoA, do we need merged mining?
Merged mining is a good idea
We do not need merged mining
We need only PoA
We need both merged mining and PoA

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Author Topic: [ANN] DigitalNote |XDN| - ICCO Announce - NEWS  (Read 450204 times)
starmman
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October 20, 2016, 07:54:09 PM
 #1321

Price at bittrex = 44
Price at polo = 57


It's so ridiculous, and Ppl should remove those stupid sell orders to let the price rise same as polo  Angry
XDN deposits are disabled on poloniex, this is to be expected until that changes.

The recent news is actually a bad thing, PoA was needed this year, not "maybe 2017", holding xdn long term now is probably a bad idea. Also: merged mining will make mining xdn only less profitable, it's not really a good solution for the problem with the PoW reward being too small.

do some people make arbitrage between polo and trex ?

yep, but with deposits disabled on polo its not possible and creating a bubble which will burst as soon as they are re-enabled. be careful buying if the price is greater than 48.
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dNote (OP)
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October 20, 2016, 09:40:24 PM
 #1322

I asked busoni about Poloniex XDN deposits in Private Message, I hope it will be a bit clearer soon.
Edit: In PM and in public

DigitalNote XDN website http://digitalnote.org
XDN 1st blockchain deposits with interest & instant untraceable crypto messages GUI https://github.com/xdn-project/digitalnotewallet/releases
Bitcointalk topic https://bitcointalk.org/index.php?topic=1082745.new#new
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October 21, 2016, 03:09:05 PM
 #1323

i hear fantomcoin is coming over to poloniex as its under the XDN branding, great news! watch the remaining at HiBTC.com get brought up fast.
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October 21, 2016, 03:30:44 PM
 #1324

i hear fantomcoin is coming over to poloniex as its under the XDN branding, great news! watch the remaining at HiBTC.com get brought up fast.

Source?
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October 21, 2016, 04:29:39 PM
 #1325

i hear fantomcoin is coming over to poloniex as its under the XDN branding, great news! watch the remaining at HiBTC.com get brought up fast.

Source?

hibtc.com is for sale...
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October 21, 2016, 05:10:44 PM
 #1326

i hear fantomcoin is coming over to poloniex as its under the XDN branding, great news! watch the remaining at HiBTC.com get brought up fast.

Source?

hibtc.com is for sale...

Fantomcoin is on HitBTC, not HiBTC...

https://hitbtc.com/exchange/FCN-to-BTC
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October 21, 2016, 05:14:56 PM
Last edit: October 22, 2016, 06:38:53 PM by sbtctalk
 #1327

i hear fantomcoin is coming over to poloniex as its under the XDN branding, great news! watch the remaining at HiBTC.com get brought up fast.


How does this work? How can 2 coins share the same ticker symbol ?

13Sk3gsQ1ogrzmyt3xMVvByxcUvZr98kKN
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October 21, 2016, 05:41:09 PM
 #1328

i hear fantomcoin is coming over to poloniex as its under the XDN branding, great news! watch the remaining at HiBTC.com get brought up fast.


How does this world? How can 2 coins share the same ticker symbol ?

I think user misunderstood something.

DigitalNote XDN website http://digitalnote.org
XDN 1st blockchain deposits with interest & instant untraceable crypto messages GUI https://github.com/xdn-project/digitalnotewallet/releases
Bitcointalk topic https://bitcointalk.org/index.php?topic=1082745.new#new
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October 21, 2016, 06:49:54 PM
 #1329

i hear fantomcoin is coming over to poloniex as its under the XDN branding, great news! watch the remaining at HiBTC.com get brought up fast.


How does this world? How can 2 coins share the same ticker symbol ?

I think user misunderstood something.

What links Fantomcoin and XDN?
What will be integrated next?

Join the Elastic revolution!  Elastic - The Decentralized Supercomputer
ELASTIC WEBSITE | ANNOUNCEMENT THREAD | ELASTIC SLACK | ELASTIC FORUM
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October 22, 2016, 03:56:24 AM
Last edit: October 22, 2016, 04:27:10 AM by ChompStory
 #1330

i hear fantomcoin is coming over to poloniex as its under the XDN branding, great news! watch the remaining at HiBTC.com get brought up fast.


How does this world? How can 2 coins share the same ticker symbol ?

I think user misunderstood something.

What links Fantomcoin and XDN?
What will be integrated next?


Quoted from XDN developers.

Surprise introduction (surprise will be released next week Oct, 24 - Oct, 30)

FantomCoin is pretty much outdated, barely working and so on. We will breathe new life into it, it will be reborn under the XDN-project flag, will have network improvements, will have XMR+FCN merged mining, the new wallet, etc.
And we will keep FantomCoin development in future as well.


To be clear we will keep the old FCN blockchain, will start new repo and will develop FCN side-by-side with XDN.
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October 22, 2016, 04:00:17 AM
 #1331

So dNote has been mining FCN alone for a year and now wants to pump it? Is there even an exchange for FCN?
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October 22, 2016, 04:25:30 AM
 #1332

So dNote has been mining FCN alone for a year and now wants to pump it? Is there even an exchange for FCN?

https://hitbtc.com/exchange/FCN-to-BTC
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October 22, 2016, 09:28:38 AM
Last edit: October 22, 2016, 09:38:57 AM by dNote
 #1333

So dNote has been mining FCN alone for a year and now wants to pump it? Is there even an exchange for FCN?

I was not mining FCN at all. Only when we did merged mining experiments this summer with the very low hashrate (<1kh/s on testnet). Please, read my statement about the reason why XDN team will take FCN development. Thank you.

DigitalNote XDN website http://digitalnote.org
XDN 1st blockchain deposits with interest & instant untraceable crypto messages GUI https://github.com/xdn-project/digitalnotewallet/releases
Bitcointalk topic https://bitcointalk.org/index.php?topic=1082745.new#new
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October 22, 2016, 11:40:27 AM
 #1334

So dNote has been mining FCN alone for a year and now wants to pump it? Is there even an exchange for FCN?

I was not mining FCN at all. Only when we did merged mining experiments this summer with the very low hashrate (<1kh/s on testnet). Please, read my statement about the reason why XDN team will take FCN development. Thank you.

I think its good to keep the old coins going - we are doing a similar thing with IXC (which was fully mined a few years ago - but blockchain still moving, just), I might look into mining XDN soon if XMR drops a little more.
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October 23, 2016, 08:03:08 PM
 #1335

 Shocked

bought up the news  Cool

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October 24, 2016, 10:25:09 AM
 #1336

I might look into mining XDN soon if XMR drops a little more.

Can you explain your math to me? Because I just can't get it.
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October 24, 2016, 02:01:07 PM
 #1337

Major update introduction (update will be released next week Oct, 24 - Oct, 30)

As you may know, the main concern we have is the network security. Low hashrate may lead to various attacks. That is why we are working on PoA (proof of activity), to make DigitalNote network the most secure crypto network ever! But, as you may know PoA consist of two elements and one is still CryptoNight proof of work. The second one is the new PoA block.
PoA = 2 blocks "working together": PoW+"Block-from-deposits".
So with PoA we still need a strong PoW element to make it really secure.
At the same time, while PoW is a great way to secure, it is also the great way to waste energy. But we want to be environment-friendly and secure at the same time.
As you may know Monero, is the CryptoNote network with the highest hashrate - about 30 MH/s now. That is huge, but, imagine, how much energy it uses. Lots of energy. Really lots of energy. Why not use it in different ways, not just for securing Monero network?
This summer we were working on merged mining - XDN+XMR.
"Merged mining" is the process of allowing two different crypto currencies based on the same algorithm to be mined simultaneously.
XMR and XDN have the same ASIC resistant CryptoNight algo, and we will use XMR hashrate to improve XDN network and will improve energy efficiency ratio for both XMR and XDN.
We will introduce XMR+XDN Merged mining. So users who are mining Monero will be able to mine XDN at the same time with the same computing power and receive both XMR and XDN block rewards.
Merged mining hardfork will be released next week Oct, 24 - Oct, 30. Get ready.

Surprise introduction (surprise will be released next week Oct, 24 - Oct, 30)

We were not working on merged mining from scratch. There is one CryptoNote coin that has already introduced Merged Mining, called FantomCoin. It was abandoned by developers, having great potential. We could not reach FantomCoin developers to speak about FantomCoin development and Merged mining. FantomCoin is totally abandoned. But it helped us to make XDN merged mining. We started our experiments with FantomCoin and had a great progress. Learned so much from it. We can't just close our eyes and keep going.
We have to pay for our knowledge.
FantomCoin is pretty much outdated, barely working and so on. We will breathe new life into it, it will be reborn under the XDN-project flag, will have network improvements, will have XMR+FCN merged mining, the new wallet, etc.
And we will keep FantomCoin development in future as well.
FantomCoin will remain the "classic" CryptoNote coin with merged mining, with no messages, deposits or PoA.
So our surprise is: we are becoming new FantomCoin developers.

P.S. XDN is our primary priority, we are working on PoA and hopefully, will introduce it in 2017. Before PoA introduction we should deal with improving XDN PoW hashrate to make the first PoA element strong enough.

P.P.S. Major update = merged mining XMR+XDN
         Our surprise  = FantomCoin rebirth under the XDN-project flag
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October 24, 2016, 04:57:46 PM
 #1338

Polo keep temporary deposit...  Roll Eyes

..Stake.com..   ▄████████████████████████████████████▄
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   ██ █████  ███ ████  ████ █████  ███ ████████
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   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
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..PLAY NOW..
eeX
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October 25, 2016, 09:37:39 AM
 #1339

So how long to wait yet?

Soldo [SLD] @ Soldo.IN
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October 25, 2016, 02:41:14 PM
 #1340

Major update introduction (update will be released next week Oct, 24 - Oct, 30)

As you may know, the main concern we have is the network security. Low hashrate may lead to various attacks. That is why we are working on PoA (proof of activity), to make DigitalNote network the most secure crypto network ever! But, as you may know PoA consist of two elements and one is still CryptoNight proof of work. The second one is the new PoA block.
PoA = 2 blocks "working together": PoW+"Block-from-deposits".
So with PoA we still need a strong PoW element to make it really secure.
At the same time, while PoW is a great way to secure, it is also the great way to waste energy. But we want to be environment-friendly and secure at the same time.
As you may know Monero, is the CryptoNote network with the highest hashrate - about 30 MH/s now. That is huge, but, imagine, how much energy it uses. Lots of energy. Really lots of energy. Why not use it in different ways, not just for securing Monero network?
This summer we were working on merged mining - XDN+XMR.
"Merged mining" is the process of allowing two different crypto currencies based on the same algorithm to be mined simultaneously.
XMR and XDN have the same ASIC resistant CryptoNight algo, and we will use XMR hashrate to improve XDN network and will improve energy efficiency ratio for both XMR and XDN.
We will introduce XMR+XDN Merged mining. So users who are mining Monero will be able to mine XDN at the same time with the same computing power and receive both XMR and XDN block rewards.
Merged mining hardfork will be released next week Oct, 24 - Oct, 30. Get ready.

Surprise introduction (surprise will be released next week Oct, 24 - Oct, 30)

We were not working on merged mining from scratch. There is one CryptoNote coin that has already introduced Merged Mining, called FantomCoin. It was abandoned by developers, having great potential. We could not reach FantomCoin developers to speak about FantomCoin development and Merged mining. FantomCoin is totally abandoned. But it helped us to make XDN merged mining. We started our experiments with FantomCoin and had a great progress. Learned so much from it. We can't just close our eyes and keep going.
We have to pay for our knowledge.
FantomCoin is pretty much outdated, barely working and so on. We will breathe new life into it, it will be reborn under the XDN-project flag, will have network improvements, will have XMR+FCN merged mining, the new wallet, etc.
And we will keep FantomCoin development in future as well.
FantomCoin will remain the "classic" CryptoNote coin with merged mining, with no messages, deposits or PoA.
So our surprise is: we are becoming new FantomCoin developers.

P.S. XDN is our primary priority, we are working on PoA and hopefully, will introduce it in 2017. Before PoA introduction we should deal with improving XDN PoW hashrate to make the first PoA element strong enough.

P.P.S. Major update = merged mining XMR+XDN
         Our surprise  = FantomCoin rebirth under the XDN-project flag
Up

First read implies interesting & promising news, will double-check in deeper later this day.

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