What is DigitalNote: More information about DigitalNote cryptocurrency

What is DigitalNote: More information about DigitalNote cryptocurrency

By quintomudigo | cryptoforex street | 12 Jul 2019

$0.01 tipped


  digitalnote.png    

DigitalNote is a   cryptocurrency created on Digitalnote blockchain whose transaction takes place from one peer to another without involvement by the government thus is being considered to be decentralized. DigitalNote cryptocurrency was created to enable a private chat from one peer to another.  

DigitalNote transaction

DigitalNote transaction takes place on the DigitalNote blockchain Explorer based on DigitalNote blocks and timestamp. To view how DigitalNote transaction takes place on the DigitalNote blockchain explorer, simply follow the link below;  

 http://cnchains.org/xdn/  

Date Launched

DigitalNote  was first released to the public in 2014 as a result of the hard-fork of Bytecoin under the name DuckNote but later came to change its name to DigitalNote the same year.

  Founder Of DigitalNote

DigitalNote cryptocurrency was created by a group of Indian programmers.

Process of creating DigitalNote

DigitalNote is created through the mining process by aid of GPU and  CPU as well as ASICS hardware in the presence of internet and electricity using the CryptoNight algorithm. To mine using CPU and GPU, you have to download the software. You can either become a solo miner or pool miner. In solo mining, you are not sharing your computing power with other miners which is very slow while in pool mining different miners pooled their computing power to increase the mining speed. To speed your mining, just join pool mining for faster mining of your DigitalNote coin.   

    Maximum circulation of DigitalNote

The maximum number of DigitalNote coin that is expected to be circulating in the DigitalNote blockchain upon the completion of its mining process should be 8,589,869,056. For DigitalNote coin, halving has been taking place after every one month since its creation for twelve months in order to avoid manipulation. For every 1 block discovered, there is a reward of 150 digital note.  

DigitalNote Price

Currently, 1 DigitalNote is worth more than $0.0008 and its price is expected to increase over the next period of time. DigitalNote symbol is abbreviated as XDN.  

Converting my DigitalNote to other cryptocurrencies

To convert your DigitalNote to other cryptocurrencies such as bitcoin, you need to have a cryptocurrency exchange account. If you don't own one then you can follow the link to open a cryptocurrency exchange account for easy conversion of your DigitalNote to bitcoin  

https://www.binance.com/?ref=10776203  

Storing my DigitalNote

To store your DigitalNote, you need a DigitalNote wallet or other supported cryptocurrency wallets. You can use, coinpayment or other supported DigitalNote wallets. For the safety of your DigitalNote, you can use offline DigitalNote wallet like paper wallet or Ledger hardware wallet

  Transferring my DigitalNote to other Users

If you want to transfer your DigitalNote to another user, the two of you must have trust in each other. The trust should be the DigitalNote address provided for the receiver while the sender must have the DigitalNote in their account to send to the receiver. For the sender, a blank space to insert receiver address and another blank space to insert the amount to send to the receiver is indicated. Here is how it looks like;  

Digitalnote sender.png  

DIGITALNOTE receiver.png    

Knowing more about DigitalNote

If you would like to know more about DigitalNote cryptocurrency, then you can follow them on their website. Here is the link redirecting you to their website

  https://www.digitalnote.biz/  

  Now that you know, i think that it is time for you to start owning DigitalNote by mining them if you have enough computing power or by purchasing them from a cryptocurrency exchange. If you feel that i should also own some for helping you to know more about this cryptocurrency, here is my DigitalNote address;  

 ADDRESS

dLEFu4iy2U62W8tLrN6xrpMTED9DLJa74A    


quintomudigo
quintomudigo

Trader, Blockchain Technologist and Contentpreneur. Also founder and CEO @ Teacher Forex School.


cryptoforex street
cryptoforex street

Cryptoforex street provides knowledge related to cryptocurrencies, tokens and blockchain technology. The knowledge consists of different cryptocurrencies with passive income, crypto mining, crypto staking and many more.

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.