DigitalNote (XDN) - cryptocurrency review
DigitalNote (XDN) - cryptocurrency review

DigitalNote (XDN)

Rank: #29

Our Review
9
Real-world utility
1
Market Cap
5
Investability
decrptd review 5 / 10
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DigitalNote Review

DigitalNote (XDN) is a cryptocurrency based on a secure, privacy protected blockchain incorporating encrypted messaging, secure CPU efficient ASIC…

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DigitalNote (XDN) – cryptocurrency review


DigitalNote (XDN) is a cryptocurrency based on a secure, privacy protected blockchain incorporating encrypted messaging, secure CPU efficient ASIC resistant mining, and blockchain deposits that pay interest (1% annually for periods from 1 month to one year).

Being able to conduct untraceable transactions while also being able to attach secret encrypted messages to transactions is what makes DigitalNote unique; and it has a real-world use. For example, an on-line store supportsa ”money-back feature” and its customer should be able to attach his refund address to his transaction. Alternatively, when you make a donation you may want to specify how your funds should be distributed between all possible charities.

The technology behind such features is complex and presumably replicable by other blockchains. DigitalNote’s success will likely depend on it’s ability to market this point of difference, and the quality of the User Interface associated with the features and/or the ability of businesses adopting DigitalNote in their consumer transaction systems to facilitate messaging with transactions.

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