XDNA – Most innovative coin 2018

August 11, 2018 Others

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"Life is a chain of DNA – a chain of existence, we are all connected by it." Based on this we created a decentralized digital DNA blockchain – known as the XDNA cryptocurrency. "

In the last year we have seen a large number of cryptographic projects appear and vanish after a month or two, well, XDNA is certainly not one of them. The XDNA project has a very devoted team – they did a significant amount of preliminary work to fix some legacy code bugs that dozens of Dash and PIVX clones did not bother to take on and implement some really new features in blockchain in general and mining in particular.

The project seeks to combine all the positive aspects of successful digital currencies and, at the same time, takes into account all their drawbacks and weaknesses. The team tries to find a balance and meet the requirements of miners and investors and, in the long run, promote cryptography among ordinary people who currently have no idea of ​​the exciting digital reality of our day.

XDNA is a descendant of PIVX and as such has evolved in a very deep way – almost immediately distributing its two main adaptation weapons – BitGun and TNT .

The first innovation from XDNA that I will examine is BitGun :

It is designed to move the "classic" paradigm of mining, when the rewards are inversely proportional to the hashrate of the total network .

The XDNA block size is dynamic. It depends on the average nethash of the last 24 blocks. Prizes change according to a series of 15 levels, related to the Fibonacci numerical series.

What advantages does this feature have? If you compare the situation in XDNA with the common block reward calculation procedure, BitGun allows miners to get stable rewards as the network grows. The individual reward decreases much less rapidly with the growing nethash compared to systems with traditional distribution.

Here is an example table of the BitGun application:

XDNA "src =" https: //s3.cointelegraph. it / storage / uploads / view / fbc6710d0ca6863da12189fa2e0f9ca5.png "title =" XDNA "/> </p> <p> The second innovation, although not obvious at all, is a real revolution in the world of masternodes and is called <strong> TNT </strong> </p> <p> TNT stands for Triple Node Technology and is the first multi-output system since DASH introduced the concept of masternodes. </p> <p> It alters the way masternodes work in different ways and works in tandem with BitGun [19659003] Initially, the XDNA team has extended coin-operated outputs: there are 3 types of masternodes and each has its own output to improve the stability and performance of the blockchain. However this approach seems reasonable and simple, it is currently unique among cryptographic coins. [19659003] Each type o If the masternodes require a different amount of collateral XDNA and give the owner a different income. </p> <ol> <li> Node of light: requires 1,000 XDNAs. </li> <li> Medium Node: rich it gives 3,000 XDNA. </li> <li> Full Node: requires 5,000 XDNAs. </li> </ol> <p> During the period of imprisonment, the masternodes will receive the following prizes: </p> <ul> <li> Luminous knot – 3% from the block award </li> <li> Mid-knot – 9% from the block award </li> <li> Full knot – 15% from the block reward </li> </ul> <p><img alt=

Level masternode systems have become quite common. however it is not obvious that only a single masternode of ALL masternodes in the network gets a reward for a given block. In the TNT of XDNA, each THREE MASTERODE block from each level receives their rewards. This feature will provide an adequate income for both small and large Investors.

BitGun levels directly influence the profitability of XDNA masernodes – higher block premiums at higher nethash values ​​provide higher income.

XDNA "src =" https: //s3.cointelegraph. com / storage / uploads / view / 8e8efb e9dbf13e28de61969932bbc7bc.png "title =" XDNA "/> </p> <p> The team's latest innovation is a completely new hashing algorithm – <strong> HEX </strong> – currently the most advanced ASIC and FPGA algorithm available on the market. </p> <p> HEX works in such a way that the creation of each block launches a pseudo-random sequence of 16 basic algorithms (kernel) </p> <p> The HEX algorithm has some advantages over most of the existing hashing algorithms: </p> <ul> <li> the unpredictable variation of the kernels will be difficult to implement in the FPGAs and ASICs, which provides better decentralization and security of the blockchain. </li> <li> a stable GPU load leads to better use and durability of the equipment, </li> <li> HEX is not an "empty" algorithm like some of the popular ones, when the GPU actually takes a long time waiting for commands and does not execute cryptographic calculations, which also guarantees XDNAchain security; </li> </ul> <p> In addition, it seems that the core team is really big and one already has more than 15 members. An important fact is that it is also a decentralized and global team of different regions of the world. They prepared a very thorough white paper without copypasting from other projects or making a cryptographic terms junk on 5-10 pages as a series of emerging currencies a day. </p> <p> All their technical innovations and vision reviewed here are very detailed – you can discover it yourself in more than 10 languages ​​here – whitepaper. </p> <p> A good sign for me was that XDNA had a real purpose before it – the creation of a noncommercial charity platform – <strong> XDNA foundation </strong>. As far as I could research this way – right now it's under development and should be done already this year. They made it a transparent process and provided some screenshots of the alpha version – </p> <p> <img alt=

And the main thing about this project is something I had never seen before (maybe there was something very similar in ADA) is a very detailed road map. From a quick glance it seemed rather empty, but then I realized that it had 5 sections for each development direction.

Make updates with the percentage of jobs performed for each activity and you can see them live here – Roadmap.

Right now the encrypted extraction is going through very difficult times and it is really difficult to survive and grow in a market like this for a PoW coin, but I have a very optimistic view of this project, because so far it is the most innovative PoW coin in 2018 and I think that if the team keeps kicking, it could get to TOP 10 PoW coins and stay in a line with respectable projects like ETH / ZEC / XMR and other well-known altcoins.

This coin is traded so far – Cryptopia.

So one thing is certain – XDNA is here to innovate and improve the world of cryptography in the way it works for the benefit of everyone.

Company Name: XDNA

Company Website: https://xdna.io/

Telegam: @Gunbit Discord – Gunbit # 4996

Telephone: +7 921 755 52 50 [19659003] Corporate e-mail: [email protected]

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