What is DigitalNote?
DigitalNote (XDN) is a hybrid blockchain solution platform that offers instant and secure transactions. With its InstantTX tool, users can send and receive crypto assets and messages in real-time on the network. DigitalNote also seeks to provide speedy access to decentralized finance (DeFi) opportunities through DApps and other offerings.
The DigitalNote blockchain operates on the Binance Smart Chain (BSC) network and boasts a block transaction time of 5 seconds. The platform is designed to be resistant to crypto hacker attacks, such as 51% attacks, which can cause issues like double-spending and payment stoppages. DigitalNote utilizes a combination of proof-of-stake (PoS) and proof-of-work (PoW) consensus mechanisms to reduce the risk of a 51% attack. To balance the advantages between PoS stakeholders and PoW miners, the platform also utilizes Terminal Velocity RateX.
XDN is the native cryptocurrency of the DigitalNote blockchain, created through a hybrid consensus mechanism and offering a block reward of 300 XDN to miners. The DigitalNote blockchain was founded by a team of anonymous developers, including six individuals who use pseudonyms - AuCRHI, IamLupo, Rubber Duckie, Grunsen, XEN, and KingDaive.
DigitalNote has a maximum total supply of 10 billion XDN coins, of which 3.07 billion tokens were burned and permanently removed from circulation. The remaining maximum supply of XDN stands at 6.93 billion tokens. The XDN token provides a secure and efficient means of exchange on the DigitalNote platform, offering users a streamlined experience for all their crypto needs.
The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.
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