[ANN] DigitalNote |XDN| - ICCO Announce - NEWS

[rogvirtualmoney]

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FantomCoin is pretty much outdated, barely working and so on.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.

It may not be today but soon believe in 70-80

[1715204484]

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[1715204484]

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[Shiroslullaby]

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.

I would be very interested if anyone could post info on how this works.
I will see if I can dig up any information on Fantomcoin and Merged Mining.

[etoque]

lol Poloniex is a big mess up since they make money

Big thumbs down for them

Bittrex always been very receptive for thing like that

[Grunsen]

Hey Dnote - Are Dwarfpool and Minergate on board for merged mining? Have a list of who will be participating?

[anarchrist]

any news dev?

[dNote]

In the next 12-48 hours, we will release Fantomcoin FCN version 2. Hardfork. We will give time (~72h) for FCN pools and users to be ready.
Pools were notified about hf.

[johnnywoo2015]

In the next 12-48 hours, we will release Fantomcoin FCN version 2. Hardfork. We will give time (~72h) for FCN pools and users to be ready.
Pools were notified about hf.

When will XDN news out?

[rahmad2nd]

temporarily deposit on poloniex....
when PoA ?

[dNote]

In the next 12-48 hours, we will release Fantomcoin FCN version 2. Hardfork. We will give time (~72h) for FCN pools and users to be ready.
Pools were notified about hf.

When will XDN news out?

Right after FCN HF, we will start XDN HF.

[anarchrist]

In the next 12-48 hours, we will release Fantomcoin FCN version 2. Hardfork. We will give time (~72h) for FCN pools and users to be ready.
Pools were notified about hf.

When will XDN news out?

Right after FCN HF, we will start XDN HF.

sounds good

[dranster]

XDN is way oversold and looks like people are starting to buy back again

Great news are coming soon

GO XDN!!!

[magaura]

I hope we will see another nice ride.. something happening on polo..

[dNote]

Ladies and gentlemen,
Here we are with the major Fantomcoin 2.0 update. https://github.com/xdn-project/fantomcoin
We will have FCN hardfork at the block height 1 297 000, so in about 3 days.
All pools were notified about HF.
After FCN HF we will start XDN HF. Also next week we will release all binaries with the new FCN GUI.
Enjoy new cryptocurrency under the XDN-project flag, enjoy FantomCoin 2.0 with the new upcoming features.
Thank you.

[arslan75]

what a nice news 

[zahidpervez]

I guess ZEC ruined the show

[eeX]

+100500

Last time it was ETH, ZEC now

[dNote]

I guess ZEC ruined the show

You may be not right. ZEC users are seeking anonymity, both XDN and FCN can give it. ZEC can be complex and slow (slow anonymous tx sending). Zcash has some very weak points.
Eventually, users will compare Cryptonote coins like XDN, XMR and FCN with zec and CryptoNote may be much better for them.
We are long term, FCN gives a great chance for people in a mining business.

[zahidpervez]

I guess ZEC ruined the show

You may be not right. ZEC users are seeking anonymity, both XDN and FCN can give it. ZEC can be complex and slow (slow anonymous tx sending). Zcash has some very weak points.
Eventually, users will compare Cryptonote coins like XDN, XMR and FCN with zec and CryptoNote may be much better for them.
We are long term, FCN gives a great chance for people in a mining business.

so its all about who is selling better ,,ZEC is all hype

[starmman]

I guess ZEC ruined the show

You may be not right. ZEC users are seeking anonymity, both XDN and FCN can give it. ZEC can be complex and slow (slow anonymous tx sending). Zcash has some very weak points.
Eventually, users will compare Cryptonote coins like XDN, XMR and FCN with zec and CryptoNote may be much better for them.
We are long term, FCN gives a great chance for people in a mining business.

so its all about who is selling better ,,ZEC is all hype

I'm not touching ZEC - the price and market cap are dropping already despite the hype - and the coin has no operational history and some flaws - IMO cryptonote is a much safer and proven investment. People are just jumping on the bandwagon (a lot without even researching the coin) to hopefully make a quick buck.

[zahidpervez]

I guess ZEC ruined the show

You may be not right. ZEC users are seeking anonymity, both XDN and FCN can give it. ZEC can be complex and slow (slow anonymous tx sending). Zcash has some very weak points.
Eventually, users will compare Cryptonote coins like XDN, XMR and FCN with zec and CryptoNote may be much better for them.
We are long term, FCN gives a great chance for people in a mining business.

so its all about who is selling better ,,ZEC is all hype

I'm not touching ZEC - the price and market cap are dropping already despite the hype - and the coin has no operational history and some flaws - IMO cryptonote is a much safer and proven investment. People are just jumping on the bandwagon (a lot without even researching the coin) to hopefully make a quick buck.

people will come back to cryptonote ,just a matter of time and buzz