Like Bitcoin DigitalNote XDN an Altcoin is a decentralized digital money. Based on CryptoNote anonymous technology and updated with unique untraceable encrypted messaging system and blockchain based deposits.
It is not controlled by anyone.It uses peer-to-peer technology and has cryptonight algorithm which can be mined with CPU or GPU.
I got involved with cryptocurrencies only one and half month ago and during my initial research Digitalnote caught my attention. It was kind of neglected then. It had zoomed to US $ 0.006 during June 2017 and then was kind of dumped and was hovering around US $ 0.0008 for long.
Its technology and possibility to rise higher in the time when everyone gives importance to privacy clicked to me and since then I have been keeping watch on it. A special feature of Digitalnote is that if you keep it in its official wallet and lock some of your holding you are paid interest 0.4 to 1.094% annually.
The patience paid off and last 15 days has seen it zooming to US $ 0.016 by convincingly breaking its last resistance of last high made in June 2017. For last couple of days it has been hovering between US $ 0.016 and 0.010. Definity a time to stabilize for few days of weeks. However if the high of US $ 0.016 is broken again and it keeps above this price for few days that it may again lead to US $ 0.05.
However as a caution there are certain concerns namely (i) The developers are anonymous (ii) For a considerable time there has been no news from developers.
Website : http://digitalnote.org/
whitepaper : http://digitalnote.org/whitepaper.pdf