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XDNA
Dynamic. New. Adaptable.
Innovative cryptocurrency that is used on a new platform for mining with the T.N.T. masternode system. XDNA introducing completely updated and innovative platform for mining that has taken into account many current platforms and cryptocurrencies problems. There are two unique methods on this platform – BitGun, named after one of XDNA developers, and T.N.T., TripleNodeTechnology, that are created by this team.
Main features of the new cryptocurrency are:
- BitGun – completely innovative principle for dynamic change of block reward
- T.N.T. – advanced multi-level masternodes concept –Triple Node Technology
- XDNA Foundation – non-commercial charity cryptocurrency fund
Here is a comparison of the benefits of the new platform vs. problems of current currencies.
Existing vs. XDNA
Long transaction vs. Blocktime 60 sec & InstantSend
ASIC POW algorithms vs. New unique HEX Algorithm
Instamine vs.Antiinstamine first 720 blocks
Big DevFee vs. Only 1%
Big Premine vs. 0.7% of POW
No purpose vs. XDNA charity Foundation
Small miners reward vs. BitGun
Price of masternode vs. Triple Node Technology
Timeline and block reward distribution
XDNA lifespan can be divided into 2 phases – Proof-Of-Work and Proof-OfStake. During these phases, the block reward size and distribution differ. During POW the block reward is determined by BitGun, the following block reward distribution applies:
– 70% to miners;
– 15% to Full Nodes;
– 9% to Medium Nodes;
– 3% to Light Nodes;
– 2% to XDNA Foundation;
– 1% to developers team.
Premine has been of 971,712 XDNA, that is divided in the following:
- 350,000 XDNA – creation of XDNA Foundation
- 271,712 XDNA – developing team reimbursement (incl.domain rights, SSL certificate, design work, etc.)
- 350,000 XDNA – marketing expenses (social, bounty, sponsorships, exchange listing, ec.)
How to get XDNA
Coin XDNA exchange
XDNA has been listed in Crypto Bridge and Cryptopia and available for trading.
Roadmap
2017, Q4 – 2018, Q1-2 -3 completed
elaboration of T.N.T. and BitGun idea
whitepaper and roadmap creation
setup 2 wallets with publicly available view keys for the monitoring of Bounty and XDNA Foundation
creation of website
blockchain release
listing on exchange 1 (from TOP 50) – CryptoBridge
new algorithm HEX
creation of block explorer
creation of unique GUI wallet
etc. technical implementations
2018, Q3 – Q4 partially completed
listing on exchanges (TOP 25)
a release of web wallets
a release of paper wallets
listing on coinmarketcap.com, coinwars.com
listing on whattomine.com
listing on walletgenerator.net
2019, Q1 – Q4
achieve agreements to use XDNA in partly offline and 100% offline services
listing on an exchange (TOP 15)
create own platform for worldwide services
a release of XDNA – $ direct exchange
make contacts with online stores accepting crypto
different integrations (Shapeshift, Cryptonator, Coinomi, Jaxx)
start crowdfunding service
2020 – 2021
implement Phone-to-Phone easy payments through NFC protocol
listing on a TOP 5 exchange
build a headquarters of XDNA foundation
Charity XDNA Foundation
All projects will be listed on the Foundation’s website, as well as all payments and donations will be trackable on the blockchain. In order to fund this, 350,000 XDNA from the pre-mine and 2% from each block will be used. Within platform’s uniquely designed wallet, it is possible for investors to automatically transfer funds to the XDNA Foundation or a specific project.
On August 10, 2018, there is 366 921,98 XDNA raised for charity purpose already.
Structure of XDNA foundation.
Technical specifications
● Name & ticker: XDNA
● Consensus algorithm: PoW/POS
● POW phase duration: 1440000 blocks
● PoW block reward: Dynamic, 4-511 XDNA
● Instamine protection: First 720 blocks
● Hashing algorithm: Keccak
● Estimated XDNA supply during POW: 138,000,000
● POS starting block: 1440001
● POS phase duration: Unlimited
● POS block reward: 57 XDNA lowering by 4 coins every 525600 blocks until block reward is 1 XDNA
● POS block reward distribution: SeeSaw
● Estimated XDNA supply during 15 years of POS: 228,000,000
● Premine: 971,712 XDNA (0.7% of POW total supply)
● Blocksize: 1 MB
● Blocktime average: 1 min (DGW3)
● Number of transaction confirmations: 6
● Maturity: 60 confirmations
Source code is
Team
Although the team has not yet been mentioned on the project website (this section is under construction), it is verified by KYD (know-your-developer) website, see HERE.