The DNotes Vault was first created in 2014 as a secure, web-accessible fortress for users to simply and securely store the DNotes cryptocurrency. DNotesVault is a web wallet for DNotes and is available to all DNotes’ holders at no cost, with 100% of the funds kept in cold storage, meanwhile accumulating interest.
What is Cold Storage?
Cold storage, or a cold wallet is an alternative and safe means of generating and storing the cryptocurrencies private keys in an offline environment, away from the internet. Hot wallets, accessible online are obviously vulnerable to the threats of hackers, theft, fraud and technology/server failures, etc.
In addition to the Vault's fort knox security, DNotes also provides a 100% deposit guarantee, which is made possible through a separate cold storage account, kept in a different location by DNotes, with a minimum equivalent amount held of the total deposit.
By simply holding DNotes in the cold storage Vault, users gain further means of savings and profit generating opportunities with 'C.R.I.S.P' and 'Cold Staking'.
What is C.R.I.S.P?
The Cryptocurrency Investment Savings Plan, (C.R.I.S.P) allows users to accumulate 0.5% monthly interest (6% annually), for simply holding funds securely in the DNotes Vault. Furthermore, C.R.I.S.P rewards can be earned in conjunction with 'Cold Staking' rewards.
What is Cold Staking?
Cold Staking allows users to participate in the Proof-Of-Stake (POS) blockchain verification, so they may benefit from the rewards of staking their DNotes, by staking the funds held in their cold wallet. This is made possible with a smart contract that allows one wallet to run a staking node on behalf of funds held in another wallet address. This means cold wallets with large holdings of funds can earn interest without putting their balances at risk.
As stated on the DNotes website "We are fully committed to develop DNotes as the most trustworthy digital currency with reliable long-term appreciating value; hence a good store of value and a preferred saving vehicle."
For more information about DNotes check out DNotesCoin.com
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