This article is provided for information and education purposes only and is not intended as investment advice. Readers are encouraged to do their own research and consult a professional before making any investment decisions.
"If at first, the idea is not absurd, then there is no hope for it." - Albert Einstein
True to the words of Albert Einstein himself, DNotes global digital currency - a perceived underdog among industry peers - has often received short thrift from naysayers who have yet to formulate a valid argument against the currency. That’s primarily because they haven't taken the time to fully understand it. After all, DNotes is not just another cryptocurrency, though it is easy to overlook the uniqueness of DNotes' path because of the sheer massiveness of its scope. DNotes is not just simply targeting niche markets like apps or software, but instead is focused like a laser on becoming the global digital currency of the future.
Because DNotes has such a large scope it will act as an intermediary between niche markets, but these small disparate markets will not be the focal point of DNotes' existence. All software DNotes has released, and all infrastructure that has been developed is entirely necessary for mass integration with the global economy. DNotes does not develop software for the sake of aimless technological innovation. Every move DNotes makes leaves it more capable of working side by side with longstanding financial institutions and service providers and may even play a complementary role to the old guard of traditional finance.
This is obviously a different approach than that taken by many industry peers – who often spend many millions of dollars developing technology before looking for problems to solve.
That is not the DNotes way. We all learned very early on that necessity is the mother of invention. DNotes is lucky enough to have an extremely capable CEO, Mr. Alan Yong, who has participated in 2 of the 3 greatest technological revolutions of our generation; personal computers and cryptocurrency. Alan was the CEO of Dauphin Technology, a company that was on the forefront of the personal computer revolution. He has been in the trenches and knows how to build a successful business, which is a rarity in the cryptocurrency industry. Without Alan's foresight, DNotes would likely be just another cryptocurrency making the same mistakes as our industry peers, unable to break away from the herd.
In 2016 one of our indirect competitors, Ethereum, announced that they would be switching to the proof of stake consensus mechanism. This was nearly one year before everyone at DNotes decided that this was the right path for us to take. This gave us the opportunity to carefully analyze their proposed strategy and make adaptations where necessary to provide the most efficient service to DNotes customers.
Even considering some major setbacks that DNotes experienced along the way, DNotes made the switch to proof of stake much quicker thanks to the trailblazing efforts of the Ethereum team. Ethereum provided us a major assist, as we were able to learn from their experience and move quickly to identify areas of friction and overcome those problems without allocating a massive budget for research and development.
This ability to deliver on a limited budget speaks volumes not only about the high-quality talent involved in the DNotes ecosystem, but also about DNotes' ability to effectively execute any strategy we choose to implement. Einstein had it right when he noted that the best ideas all seem absurd when they’re first introduced. It was true of the personal computer, the internet, and digital currency itself. A globally-accepted, inclusive, and self-empowering supplemental digital currency that benefits everyone around the world may seem like an absurd idea today, but the future of money is coming.