T.N.T. and BitGun – explosive names that comes with new crypto jewel – XDNA https://xdna.io/
Yes, it sounds like a blast from some gun show, but in practical use in blockchain it revolutionizes the way miners and stakers get their rewards.
Hmm, that sounded interesting, so before I got into it I read the Whitepaper, that's what every serious crypto investor should do.
A brief look on specifications:
As a miner I saw there is a big advantage of this coin from start, it's dual mineable, and it's in top 5 in BTC revenue. So I said why not – I'm now able to mine my ethash coin and keccak algo XDNA. So, I start editing my Claymore's .bat file to add new coin and algo, and downloaded the wallet also for my future assets. Claymore 11.9 is recommended for best system stability if you want to dual mine it, it's AMD and nVidia friendly.
XDNA wallet-(for Windows here, there are linux and mac OS also available) has many useful features while preserving original „crypto core“ wallet look.
The wallet shows Total masternodes per type, current block, current network hashrate, current BitGun level and of course – the block reward.
Why reward, shouldn't it be fixed?
– Because reward depends on current BitGun level – its dynamic and it reflects network hash rate, in practice that means:
More miners -> higher network hashrate -> higher BitGun level -> higher block reward
That's where the stakers come with their masternodes, they also benefit from higher BitGun level. So, now were on masternodes, I have seen them a lot lately, to be honest I'm not a huge fan, and then I saw XDNA's TNT system. They've implemented Triple Node Technology so that each of 3 node types get block reward distributed proportionally:
-Light node 1000 XDNA – 3% total block reward
-Medium node 3000 XDNA – 9% total block reward
-Full node 5000 XDNA– 15% total block reward
XDNA also has POW phase which is plan to last til block 1440001, after that It'll go POS and become unmineable, but thats 940 days from today est. so no worries, and yes there were only 0,7% of total POW premine which is symbolic.
Premine distribution:
Now that I got my rigs set to mine dual, I had some 2BG graphic cards I didnt use for mining because of memory size, they were 2 nVidia 1030s. I pop them in in 2005 motherboard and run ccminer 2.3 tune them with MSI afterburner (increase GPU to 150, decrease memory to -500) – they were giving me 150 MHs each, so I got 300 MHs total out of 2 gpus I didn't use at all for mining. Other 45 run Claymore 11.9 (ethash + keccak) while preserving MHs of ethash, I can mine decent amount of XDNA with my dual system. If you want to single mine with AMDs use sgminer.
The profitability of this coin is also fine, as I have mentioned always in top 3 alts profitability and its dual mine able – amazing.
I want to mention the coin has XDNA foundation, first crypto charity of it's kind, for helping people who are in need. Very nice for coin to have that option, charity is always welcome.
XDNA seems like a new jewel in crypto world, worth mining and staking in every term.
Currently XDNA is listed on Cryptobridge - a decentralized exchange, soon more exchanges will be added.
This project has very strong community developed and it's team is doing amazing job to make this project even better in the future.