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Author Topic: [ANN] DigitalNote [XDN] - PoW/PoS, Masternodes, Untraceable, Encrypted Messaging  (Read 22148 times)
DigitalNoteXDN
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June 10, 2018, 05:22:43 PM
Last edit: November 21, 2019, 07:51:40 PM by DigitalNoteXDN
 #1

DigitalNote (XDN)
"DigitalNote is a robust Proof-of-Work + Proof-of-Stake hybrid blockchain with instant untraceable transactions and highly secure encrypted messaging features at its core."

DigitalNote pioneered blockchain locking rewards but never fulfilled its original promise to utilize staking to secure the network, UNTIL NOW. We are excited to announce long awaited Proof-of-Stake functionality via our innovative PoW + PoS hybrid system!  The old blockchain lock-reward system has evolved into full Proof-of-Stake, while still allowing for Proof-of-Work mining.

DigitalNote is resistant to the 51% attacks that plague other cryptocurrencies.  We have taken a proactive approach verses 51% attacks since they are no longer just hypothetical in today's environment.  The network deploys multiple layers of security to achieve this.  First, the very nature of a PoW + PoS currency implies that an attacker must not only have 51% of the hashrate but they must also have 51% of the total amount of coins to be able to attempt an attack.  This alone is very unlikely, but we have gone a step further by incorporating VRX v3.0.  VRX v3.0 is a difficulty retargeting algorithm and system designed to keep PoW and PoS balanced, among other things.  This system ensures that neither block type can overpower the other and both miners and stakers can benefit the blockchain equally, eliminating either as a potential 51% attack vector.  Lastly, the new wallet verifies the entire incoming block before ever storing it to your disk, checking the stake difficulty and other parameters to make sure that a 51% attack is impossible.  VRX v3.0 also deploys a velocity constraint system to ensure a narrow window around the desired block target (while still allowing for some variance) essentially eliminating timestamp attacks.

Additionally we are welcoming user-run Masternodes to the network! Masternodes incentivize network cooperation, strengthen chain security and also upgrade the network to allow instant, anonymous transactions.  The XDN network combines its legacy CryptoNote ring signature obfuscation (coming soon) with coin mixing enabled through the Masternode network to provide enhanced untraceability to transactions.  The collateral required to operate a Masternode is 2,000,000 XDN (more technical information is available in the resource section).

The DigitalNote blockchain is lightweight and mobile-ready.  This will allow for features like a mobile encrypted messenger and mobile wallet, among other innovations.  Adaptive block sizes also help to govern the maximum allowable blocksize based off of network usage.  This allows for seamless adaptability of the blockchain system to handle any kind of network load and environment.

Current News and Important Information
Congratulations community!  HitBTC has been fully integrated DigitalNote and XDN is now tradeable with deposits and withdrawals open!  For further information please read our announcement: https://medium.com/@DigitalNoteXDN/digitalnote-xdn-open-for-business-on-hitbtc-b690b2252981

XDN has also been added to the Abra mobile wallet.  Not only can you now store your XDN securely and privately, but you can also purchase and sell XDN through the app.  This is for US citizens only but international support is coming this December.  Get started here: https://abra.onelink.me/1810234085/digitalnote 

Minergate has announced that they will allow XDN withdrawals starting Nov 21: https://twitter.com/minergate/status/1197530322033938441?s=12

Freewallet will likely upgrade soon, following HitBTC's lead, as they have expressed their recent support for XDN.  We will keep the community updated via our social media channels.  The best place to stay in touch is our Discord channel or Twitter (links below).


Features
*Encrypted Messaging
*Instant & Anonymous Transactions
*Resistance to 51% Attacks
*Masternode Network
*Proof-of-Work + Proof-of-Stake
*VRX v3.0 Difficulty Retargeting Algorithm
*Lightweight/Mobile Blockchain
*Adaptive Block Sizes

Specifications
Supply cap: 10,000,000,000 XDN
Consensus: Proof-of-Work + Proof-of-Stake
PoW algorithm: bmw512 (Wish) - ASIC resistant
PoS algorithm: Echo512 - ASIC resistant
Block time target: 2 minutes
Minimum enforced block spacing: 45 seconds
Maximum block spacing (soft limit): 3.17 minutes
Confirmations required to spend: 15
Masternode collateral: 2,000,000 XDN
Block reward: 300 XDN (PoW + PoS + dev allocation)
Block reward split: 250 XDN PoW + PoS see-saw, 50 XDN dev allocation
Difficulty retarget: VRX v3.0 w/ hybrid chain swing
CodeBase origins: BTC 0.11 + reference source + custom XDN features (dynamic
max-block sizes, MN/Network payout see-saw, dev allocation, velocity blockchain
constraint system) + DASH features (Darksend, InstantTX, messaging, masternodes)
Masternode swing base: 100 XDN/block
Masternode swing peak: 200 XDN/block
Network swing base: 150 XDN/block
Network swing peak: 50 XDN/block
Emissions swing:
Incremental step: 20% step
Interval: 30 blocks
Step per interval: 1 step
Steps per swing: 5 steps (up or down)
Epoch (see-saw finish): 15 intervals
Upswing duration: 5 intervals
Downswing duration: 5 intervals
Idle duration: 5 intervals (no adjustment)


Wallet Releases
Official DigitalNoteCore (current): https://github.com/DigitalNoteXDN/DigitalNote-2/releases
Abra Mobile Wallet (international support in Dec 2019): https://abra.onelink.me/1810234085/digitalnote
TXT Wallet: On our Discord https://discord.gg/4dUquty

Official Resources
Whitepaper: http://www.digitalnote.biz/xdn/pdf/DigitalNote_Whitepaper.pdf
Roadmap: http://www.digitalnote.biz/xdn/pdf/DigitalNote_Roadmap_2019.pdf
Wallet and Staking Guide: http://www.digitalnote.biz/xdn/pdf/DigitalNote_Wallet_Guide.pdf
Masternode Setup Guide: http://www.digitalnote.biz/xdn/pdf/DigitalNote_MN_Guide.pdf
Detailed Specs: http://www.digitalnote.biz/xdn/pdf/DigitalNote_Detailed_Specs.pdf

Official Links
Github: https://github.com/DigitalNoteXDN
Website: https://www.digitalnote.biz/
Block Explorers:
http://explorer2.digitalnote.biz/
http://explorer3.digitalnote.biz/
http://explorer4.digitalnote.biz/
Market Cap:
https://coinmarketcap.com/currencies/digitalnote/
https://www.coingecko.com/en/coins/digitalnote
https://www.cryptocompare.com/coins/xdn/overview

Join us on Social Media
Discord: https://discord.gg/4dUquty
Telegram: https://t.me/XDNDigitalNote
Twitter: https://twitter.com/digitalnotexdn
Reddit: https://www.reddit.com/r/digitalNote/
Facebook: https://www.facebook.com/digitalnote
Medium: https://medium.com/@DigitalNoteXDN
Steemit: https://steemit.com/@digitalnotexdn

Verified Exchanges
Bittrex: https://bittrex.com/Market/Index?MarketName=BTC-XDN
Upbit: https://upbit.com/exchange?code=CRIX.UPBIT.BTC-XDN
HitBTC: https://hitbtc.com/XDN-to-BTC
CatEx: https://www.catex.io/trading/XDN/BTC
FinexBox: https://www.finexbox.com/market/pair/XDN-BTC.html
Bitfineon (in beta, coming soon): https://bitfineon.com

Pools
duckypool: https://duckiepool.com/
tokyopool: https://pool.rig.tokyo/
zergpool: http://zergpool.com/

Full list of current pools: https://miningpoolstats.stream/digitalnote

All information from the old thread has been archived: https://web.archive.org/web/20190403060342/https://bitcointalk.org/index.php?topic=4451957.0
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June 10, 2018, 05:28:25 PM
 #2

YEAH,Great News and new features for #XDN.
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June 10, 2018, 05:33:59 PM
 #3

nice, nice upgrade from this project, i love it, hope this runs very well and success in the future, very ready with pool
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June 10, 2018, 05:34:28 PM
 #4

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June 10, 2018, 05:59:09 PM
Last edit: June 10, 2018, 06:15:43 PM by glyoukcoin
 #5





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June 10, 2018, 07:18:18 PM
 #6

So it was the right decision to invest so much in XDN. I believed, I waited. Cheers!  Wink
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June 10, 2018, 07:34:17 PM
 #7

                                         
Will there be an updated roadmap?

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June 11, 2018, 12:14:58 PM
 #8

is possible MERGED mining with XMR after upgrade ?
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June 11, 2018, 03:42:42 PM
 #9

It's very good to see a new team taking care of DigitalNote. I will follow this thread closely and wish you all the best for XDN.

ARE YOU LOOKING FOR AN ENGLISH TO ITALIAN TRANSLATOR? HIRE ME ON https://fivebucks.com/users/MirkoItalia            
     ONLY BITCOIN SV ACCEPTED
DigitalNoteXDN
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June 11, 2018, 05:58:47 PM
 #10

                         
Will there be an updated roadmap?

Yes that is actually something that we had planned to have done already but we ended up having to deal with these ASICs first.  So that will be coming ASAP.

is possible MERGED mining with XMR after upgrade ?

It is not something that we have tested yet but the previous merged mining functionality still exists within the protocol and now that we are using the same PoW algorithm as Monero (monero7/cryptonight variant 1) and block target (120s) it implies that it may just work.  We will have to do a little more research on the Monero side to see what else they may have changed.  It will be interesting to see what some pools come up with in respect to this.

It's very good to see a new team taking care of DigitalNote. I will follow this thread closely and wish you all the best for XDN.

Thank you, we look forward to a successful fork and much more to come!
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June 11, 2018, 06:19:43 PM
 #11

                                                                                                 
Do you have any relation with XUN (Ultranote) in any way?

Any dev connection?

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DeepOnion
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June 11, 2018, 08:03:34 PM
 #12

                                                                                                 
Do you have any relation with XUN (Ultranote) in any way?

Any dev connection?

No we do not.  Apparently some of them were interested in XDN towards the end of 2017 (I remember a few of them from that time period in the XDN chat rooms) but instead of sticking around to make XDN Great Again they decided to clone it and start over, also including a small premine (or as they call "reserve") and changing the block reward.  To each their own--we don't have anything against them, it's just that we prefer to work on the original and make it better instead of leaving the community and starting a new coin with different parameters.
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June 12, 2018, 02:10:32 AM
 #13

Any word on coins stuck on Bittrex?  Still listed as wallet in maintenance.
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June 12, 2018, 11:24:05 AM
 #14

Any word on coins stuck on Bittrex?  Still listed as wallet in maintenance.

technical maintennace on hitbtc, on bittrex wallet status inactive (https://bittrex.com/status)
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June 12, 2018, 02:55:22 PM
 #15

Any word on coins stuck on Bittrex?  Still listed as wallet in maintenance.

Nothing is stuck on Bittrex, everything is safe, we are working with them and their wallet will be back on or before fork time once they have the new core loaded up.  Exchanges had shut down wallets due to the previous hash attacks last month and the problems they had caused.
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June 12, 2018, 05:51:07 PM
 #16


I've got some coins locked in the wallet (blockchain staking), how will they be affected in the fork?

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DeepOnion
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June 12, 2018, 07:39:40 PM
 #17


I've got some coins locked in the wallet (blockchain staking), how will they be affected in the fork?


Coins locked in blockchain stakes will follow the same rules they always have and will not be affected in any adverse way by the fork.  Smiley
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June 12, 2018, 07:54:25 PM
 #18

I think this is another interesting coin with the properties of famous coins. But, now the situation in the market has developed that it is somehow frightening to buy coins when bitcoin falls into the abyss.


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June 12, 2018, 07:56:24 PM
 #19

res
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June 12, 2018, 08:31:29 PM
 #20

Any word on coins stuck on Bittrex?  Still listed as wallet in maintenance.

Nothing is stuck on Bittrex, everything is safe, we are working with them and their wallet will be back on or before fork time once they have the new core loaded up.  Exchanges had shut down wallets due to the previous hash attacks last month and the problems they had caused.

Thank you!  It's been shut down for a while but I wasn't quite in panic mode yet.  Thanks for the quick response!
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