The XDNA network does not have a unified accounting center. Information about the transactions is fully distributed among the users and is stored on user devices. Transaction are carried out directly between the parties involved (peer-to-peer, P2P). This makes rise to certain aspects that you should know and use correctly. A P2P transaction of XDNA is created by the sender. The transaction data contain the unique address of the receiving party and the amount of coins. The data are encrypted, signed with a private key of the sender, and broadcasted throughout the network. The recipient decrypts the data using his secret key and the amount of coins is added to his balance after several transaction confirmations are received from other peers, which testifies the genuinity of the operation.

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Coin’s Details

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