# DigitalNote

> DigitalNote (ticker symbol: XDN) is a proof-of-work cryptocurrency that uses the CryptoNight algorithm.

- Canonical URL: https://iq.wiki/wiki/digitalnote
- Categories: Cryptoassets
- Created: 2022-08-18T23:24:22.622Z
- Last updated: 2022-08-18T23:27:09.392Z
- Source: IQ.wiki — the world's largest blockchain and crypto encyclopedia (https://iq.wiki)

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DigitalNote (ticker symbol: XDN) is a proof-of-work [cryptocurrency](https://iq.wiki/wiki/cryptocurrency) that uses the CryptoNight algorithm. It was first announced on June 6, 2015. As of December 28th, 2017, the circulating supply was 6,885,695,758 XDN[\[1\]](#cite-id-m4gtqa74vzc)[\[2\]](#cite-id-h18flpuspcu).  
  
Formally known as DarkNote XDN, DigitalNote XDN is an open decentralized cryptocurrency. The XDN can be compared to decentralized digital money, such as [Bitcoin](https://iq.wiki/wiki/bitcoin) and ETH. DigitalNote is based on cryptoNote anonymous technology. The currency is untraceable since it has a unique encryption feature where for [blockchain](https://iq.wiki/wiki/blockchain)-based deposits and messaging system[\[3\]](#cite-id-t0lljyg0upp)[\[4\]](#cite-id-yxfh2z6k9un)[\[5\]](#cite-id-cp909dbtj).  
  
It also provides instant privacy-protected transactions worldwide and messaging transfers with near to zero processing fees in decentralized peer-to-peer users’ network. The XDN network uses mathematics to secure and empower individuals when they are controlling information and finances in the network[\[6\]](#cite-id-z7juhg7iscc).  
  
# DigitalNote XDN features  
  
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* **Instant encrypted messages**: DigitalNotes provides a secure, instant, untraceable and unlinkable way of encrypted communication crypto messages[\[7\]](#cite-id-ikfjhs3w4c)[\[8\]](#cite-id-t4cyk0vwmub).  
* **Truly anonymous**: untraceable truly anonymous DigitalNote transactions and encrypted information transfers in a pop network.  
* **Blockchain analyses resistant**: DigitalNote blockchain is resistant to any kind of analysis. All transactions and messages transfer are unlinkable.  
* Libertarian: DigitalNote distribution happens with fair ASIC-resistant Proof-of-work mining process and also gives users block rewards  
* **Blockchain deposits**: DigitalNotes can be locked on a deposit account for any period of 1 to 19 years with a 0.5-1% annual interest rate. Deposit is a factor of the digital note main supply.  
* **Secure and ASIC**-resistant: XDN announce was made public and loud. Since the first block, it is mined by cryptocurrency community users with a CPU-efficient POW.  
* **Open source**: the XDN is an open-sourced decentralized project that was released under the MIT license. This means that anyone can take part in the development process of the project.  
* **Fair and decentralized**: XDN uses a decentralized P2P network technology to operate the platform. There is no central authority on the platform[\[9\]](#cite-id-hwzv1t2oz1v)[\[10\]](#cite-id-tt2l7tuksl).