SafeNode is a new open source cryptocurrency focused on instant private transactions with low transaction fees & smart contracts.
For network security SafeNode uses an innovative new mining algorithm x16r which is resistant to ASIC and Nicehash attacks. After miningphase ends POS 3.0 starts the seesaw reward mechanism that balances a fair share of the block reward between masternodes and staking nodes.
With implementation of the Zerocoin System the network is is built in such a way that makes it truly anonymous to send and receive SXN around the world.