Ladies and Gentlemen, We are happy to announce news you were waiting for. That is a significant step for a cryptocurrency community. Today we announce DarkNote XDN Hybrid Proof-of-work/Proof-of-stake (Hybrid PoW/PoS) development. The very first PoS implementation for CryptoNote coins.
PoS definition.Proof-of-stake is a method of securing a cryptocurrency network through requesting users to show ownership of a certain amount of currency.
PoW vs PoS. No opposition. Make Love, not war - DarkNote will have a unique most secure Hybrid PoW/PoS. Both PoW and PoS have its advantages and disadvantages, but Hybrid PoW/PoS system takes only advantages and solves all disadvantages. Each approach reinforces the other and makes DarkNote the most Secure and most Energy Efficient Anonymous cryptocurrency.
Hybrid PoW/PoS for Investors. Interest for XDN holders. PoS aspect of Hybrid PoW/PoS system makes DarkNote the perfect investment asset with interest for current XDN holders.
Hybrid PoW/PoS for Users. Long term thinking. Decreasing fees. Hybrid PoW/PoS is a very user friendly approach because of major long term fees decreasing. Users win twice, while holding and transferring DarkNote.
Hybrid PoW/PoS for improving decentralization and avoiding performance war. Hybrid PoW/PoS improves decentralization and makes arms race useless. You do not need to worry about your CPU-power, you can just hold some XDN, or instead you can only use your CPU and do not worry about buying XDN.
Hybrid PoW/PoS and DarkNote unique supply curve. Solving PoS problems. It is well known, that DarkNote has a unique supply curve with ~80% of XDN generated via PoW in the first year to provide coins circulation and coin units decentralization. Hybrid PoW/PoS will save all supply curve logic with 150 XDN minimum block rewards, but will enforce PoW. Hybrid DarkNote blocks will rely on both PoW and PoS system. DarkNote unique supply curve solves PoS Monopoly problem. You can call it fair and decentralized Proof-of-stake.
Hybrid PoW/PoS is the most secure. Hybrid approach makes impossible all types of common attacks against cryptocurrency and makes DarkNote extremely strong.
Hybrid PoW/PoS Environment Friendly and Energy efficient. DarkNote is gonna be the most Environment friendly Privacy Protected cryptocurrency. PoW is a good solution, but we need to "burn" Energy to sign transactions. Instead of that, the Hybrid PoW/PoS approach is a very Environment friendly and cost much less energy to keep network very secure.
Hybrid PoW/PoS with CryptoNote and Timeframe. DarkNote will be the very first CryptoNote cryptocurrency with PoS implementation. PoS based on CryptoNote requires major development, but DarkNote devs will implement it in next 17 weeks.
Hybrid PoW/PoS implementation. 17 weeks.
DarkNote mobile wallet. 12 weeks.
Aliases. 9 weeks.
Multisignatures. 4 weeks.
DarkNote web wallet. (JavaScript cryptography implementation). 2 weeks.
GUI client improvements. Every day. Frequently updated.
