DigitalNote XDN

DigitalNote XDN

Author:

DigitalNote

Update date:

2022-05-19

Publish date:

2022-05-19

DigitalNote is one of the first cryptocurrencies that is truly resistant to 51% attacks. This feature is a result of two separate systems that are now implemented: our Proof-of-Work/Proof-of-Stake hybrid distribution and our VRX v3.0 Difficulty Retargeting Algorithm. Since the network is now secured via both Proof-of-Work and Proof-of-Stake, that means an attacker must not only have 51% of the network hashrate but also 51% of the coins (which is highly unlikely). 

Additionally, the VRX v3.0 Difficulty Retargeting Algorithm insures a balance for both stakers and miners while checking blocks for proper spacing, rejecting them if they have not met one of the main parameters for the chain.

DigitalNote utilizes a hybrid distribution method, organizing both PoW and PoS together onto a singular blockchain. Hybrid systems are still relatively new, as few blockchains employ a robust enough difficulty algorithm which adjusts the time span between generated blocks for either PoW or PoS in unison. A custom difficulty retargeting algorithm known as “VRX” was created for DigitalNote in order to allow for proper shuffling of generated block types within a full hybrid blockchain.

Masternodes incentivize network cooperation, strengthen on-chain security and allow for additional features like Instant Transactions. Masternodes process additional feature data for the blockchain without compromising security by forcing a verified collateral lock of a specific amount of XDN to run and operate.

The XDN Wiki is intended to be your one-stop source for all things DigitalNote. Here you can learn more about the DigitalNote Ecosystem–including the following aspects, and much more:

  • The core components of DigitalNote Ecosystem
  • Technologies that power DigitalNote Ecosystem
  • Staking & Mining
  • Cryptocurrency: XDN
  • ERC-20 token: 2XDN
  • Binance Smart Chain integration
  • Pancakeswap Integration
  • Wallets

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