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DigitalNote (XDN) is a hybrid blockchain that combines both Proof-of-Work and Proof-of-Stake mechanisms onto a singular chain. This unique approach enhances the security of the network and provides significant resistance against 51% attacks. DigitalNote also features Instant Transactions, allowing users to send and receive XDN in seconds. The network is secured by a Masternode network, incentivizing cooperation and ensuring on-chain security. Additionally, DigitalNote offers an encrypted messaging system that allows for secure communication between users.
The DigitalNote Masternode network enables InstantTX, allowing for immediate transaction broadcasting to the entire network through Masternodes. This enables users to send and receive XDN in a matter of seconds. The network is also resistant to 51% attacks, thanks to its Proof-of-Work/Proof-of-Stake hybrid distribution and the VRX v3.0 Difficulty Retargeting Algorithm. This algorithm ensures a balance for both stakers and miners while rejecting blocks that do not meet the main parameters for the chain.
DigitalNote combines the advantages of Proof-of-Stake and Proof-of-Work systems on a single blockchain. This hybrid distribution method provides increased security and eliminates the possibility of a 51% attack. The network utilizes Masternodes, which incentivize network cooperation and strengthen on-chain security. DigitalNote’s encrypted messaging system enables secure communication between users, with messages being encrypted and relayed via a peer-to-peer protocol. With DigitalNote, users can earn XDN through mining, operating Masternodes, staking, and participating in DeFi opportunities.
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