DigitalNote (XDN) is a decentralised altcoin providing anonymous and secure transactions, as well as numerous other features designed to make the cryptocurrency attractive to ordinary users. For instance, users can earn between 0.5% and 1% annual interest by locking coins in a deposit account.

XDN is an ASIC-resistant coin. ASICs are a type of PCB (i.e. computer hardware) that can be used to solve cryptocurrency algorithms for the purposes of mining. ASICs are single-purpose and dedicated to solving the algorithm; this speeds up the mining process. This is useful, but it tends to lead to centralisation as rich investors seek to create mining warehouses using ASICs, resulting in monopolisation of cryptocurrencies. CPU mining (i.e. the technology underpinning XDN) allows any computer to mine the coin as easily as the next. This opens mining to a wider audience, maximising decentralisation.

Underpinning XDN is the CryptoNote algorithm, which enables it to provide secure, private, and anonymous transactions and messaging. Transactions use a one-time address, making them effectively impossible to trace. Each transaction serves to \"bury\" the previous one, making blockchain analysis all but impossible.

Merchant payments are not yet available using XDN. It is only available for trading on cryptocurrency exchanges. It features on CoinPayments – a Canadian cryptocurrency payment platform – but is not yet incorporated into its PoS facility.