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BitcoiNote is a fully open source decentralized public blockchain and cryptocurrency project. Coins combine Bitcoin’s familiarity with the advantages of the CryptoNight-Lite Variant 1 algorithm. This is the third generation of cryptocurrency that solves the Bitcoin problem.
BitcoinNote is the safest cryptocurrency on the market. We are introducing innovative technologies to make coins light and extremely safe. Features like ring signatures make BitcoinNote extremely private, while innovations such as our unique algorithms ensure stability and ASIC resistance.
Everyone must have access to BitcoinNote. Our goal is to make it light enough so that you can mine from your smartphone or even IoT devices.
BitcoiNote represents true privacy, fast transactions, dynamic block size and the possibility of mined coins using only mobile phones or IoT devices. Thanks to the best features of the CryptoNight-Lite Variant 1 algorithm - dynamic block size, short block verification time and difficulty in recalculating each block - transactions never get backlog!
100% anonymous
With CryptoNight-Lite Variant 1 and its ring signature technology, you can sign a message on behalf of a group, and your signature is still indistinguishable from other groups of signatures.
Changes in the Diffie-Hellman exchange protocol and multiple unique one-time addresses make it impossible to cross-link payments from the same recipient.
Fair Certificate of Work
BitcoinNote is so lightweight and easy to dig, everyone can do it – we want you to be able to dig and confirm transactions with any device (even a smartphone)! BitcoinNote is also ASIC resistant, which means you won't need special equipment to mine and the mining will not be concentrated by any specific group.
Double-spending certificate
Even if the signature is still anonymous, there is no possibility of spending money again.
CryptoNight-Lite Variant 1 uses a modified version of “traceable ring signature” and “key image”, making any double-spending attempts futile.
Adaptive Limitation
Both the difficulty and the block size is automatically adjusted to each new block.
To calculate the difficulty, the total workload required to create the last 720 blocks is divided by the time required to perform the work. Block size can be adjusted accordingly according to demand, and its exponential growth is also controlled.
*The above content is compiled by the official account of non-small accounts. If reprinted, please indicate the source.