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Author Topic: [ANN] DigitalNote [XDN] - 2.0 Network Upgrade & Coin Swap April 5th Successful!  (Read 10259 times)
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June 10, 2018, 05:22:43 PM
Last edit: April 20, 2019, 02:58:49 PM by DigitalNoteXDN
 #1

DigitalNote (XDN)
XDN 2.0 is now LIVE

"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."

The DigitalNote team has made exponential progress over the last couple months while growing the XDN core team. We are extremely excited to share the details of our pivotal network upgrade as it is XDN's largest upgrade to date.  The network retains it's most popular features while strengthening its network with many new groundbreaking features and a more reliable codebase.  Our specifications have also been vastly upgraded and the nitty-gritty details are be available in our new whitepaper (available below under "Official Resources" and on our website).  We are also happy to announce our 2019 roadmap and revamped website!  A coin burn will occur after the swapping period ends.  Users will have about 6 months to swap their XDN from the old codebase to the current one. Funds that have not been swapped from the old codebase within the swap period will be "burned" (destroyed), thus lowering the circulating supply of XDN.  If you have a value locked in XDN that you may have deposited for a period longer than 6 months, please contact our team on our Discord channel for assistance (https://discord.gg/4dUquty). If you have coins locked for a period of less than 6 months then you simply need to wait for them to be unlocked before you can swap them.  Further instructions and guides are available below and on our website.

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 later this year) 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 now 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.

DigitalNote 2.0 Swap Process
Users will need to download GUI wallet v1.0.18 or the CLI daemon + wallet v7.0.3 in preparation to swap their XDN to the upgraded chain.  They will also need to download the new Digitalnote 2.0 wallet to receive their coins on the upgraded chain.  The links for those wallets are available below in the Wallet Releases section, on our website and on our github.  Once you have the v1.0.18 wallet and the new 2.0 wallet, all you need to do is visit our official Discord (https://discord.gg/4dUquty) and use our swapbot to complete the process.  The swapbot instructions are below in the Resources section and also on our Discord.  The swap is 1:1.

Current News and Important Information
Bittrex and Upbit are supporting the upgrade.  XDN 2.0 is now live and open for trading on Bittrex (and Upbit will soon follow)! If you are doing withdrawals or deposits to and from Bittrex, you must be using the new upgraded chain software (v1.0.1.1+) and not the old chain software (v1.0.18 or earlier).  Bittrex is only on the new DigitalNote 2.0 chain from here on out and does not interface with the old chain anymore.  If you need to swap your coins from the old chain, we will have instructions provided shortly on the process.

We have begun to hear from Minergate and Freewallet with expressions of support.  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
XDN 2.0 Wallet (current): https://github.com/DigitalNoteXDN/DigitalNote-2/releases
XDN Legacy Wallet GUI v1.0.18 (old chain): https://github.com/DigitalNoteXDN/digitalnotewallet/releases/tag/v1.0.18
XDN Legacy Wallet CLI (old chain): https://github.com/DigitalNoteXDN/digitalnote/releases/tag/v7.0.3

Note: v1.0.18 (core v7.0.3) is the wallet software for the old chain.  You will use this wallet to send your coins to the swapbot.  V1.0.1.1+ (XDN 2.0) is the new wallet software that will be used from here on out and is the wallet that you should use to deposit and withdraw from and to Bittrex or other exchanges in the future.

Official Resources
DigitalNote 2.0 Whitepaper: http://www.digitalnote.biz/xdn/pdf/DigitalNote_Whitepaper.pdf
DigitalNote 2.0 Roadmap: http://www.digitalnote.biz/xdn/pdf/DigitalNote_Roadmap_2019.pdf
DigitalNote 2.0 Wallet and Staking Guide: http://www.digitalnote.biz/xdn/pdf/DigitalNote_Wallet_Guide.pdf
DigitalNote 2.0 Masternode Setup Guide: http://www.digitalnote.biz/xdn/pdf/DigitalNote_MN_Guide.pdf
DigitalNote 2.0 Swap Guide: http://www.digitalnote.biz/xdn/pdf/DigitalNote_Swap_Instructions.pdf
DigitalNote Legacy Wallet Guide (for sluggish Windows v1.0.18 wallets): http://www.digitalnote.biz/xdn/pdf/DigitalNote_CLI_Instructions.pdf
DigitalNote 2.0 Detailed Specs: http://www.digitalnote.biz/xdn/pdf/DigitalNote_Detailed_Specs.pdf

Official Links
Github: https://github.com/DigitalNoteXDN
Website: https://www.digitalnote.biz/
XDN 2.0 Block Explorer: http://explorer2.digitalnote.biz/
XDN Legacy Block Explorer (old chain to check swap transactions): http://cnchains.org/xdn/
CoinMarketCap: https://coinmarketcap.com/currencies/digitalnote/
Most Recent Blockchain Bootstrap Files (Legacy XDN v1.0.18): http://bootstrap.digitalnote.biz/xdn/2/bootstrap_997636.zip


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
Bitfineon (in beta, coming soon): https://bitfineon.com

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.


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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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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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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

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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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