Topic: [ANN] Diamond (DMD) Takeover! Update v1.0.4 | NEW website, pool, block-explorer - page 5. (Read 50088 times)
March 21, 2014, 05:12:30 AM
I'm a PoS noob. How do I turn on minting?
March 21, 2014, 01:25:36 AM
I will be turning on PoS tomorrow (Friday) evening (GMT time).
Together with our code dev we'll be monitoring the network all night for possible problems.
If you have coins for minting please (if you can) use them to mint - would be good to do a stress test on the network with everyone minting. Remember the more blocks we mint the less blocks miners get = higher DMD price.
Minting is also an extremely important security feature as now we are protected only by the miners' Mh/s which isn't that high.
Support the network, support the price, mint
P.S.
Please do not be paranoid about unlocking your wallet for minting. Eventually DMD will become mostly PoS coin so it's something we will all have to get used to. There will be tools created to help us predict when minting is due.
At the moment, any additional hash will help to protect the network.
I want to remind some of you that DMD is a deposit coin and not high volume money printer. The interest is set to 1% but one can stake every ~7 days (this adds extra incentive for network protection). The interest might appear low right now, but we are really in the issuance period and eventually that 1% will be a lot.
There will be more changes/features coming and this update is a transitional one.
Together with our code dev we'll be monitoring the network all night for possible problems.
If you have coins for minting please (if you can) use them to mint - would be good to do a stress test on the network with everyone minting. Remember the more blocks we mint the less blocks miners get = higher DMD price.
Minting is also an extremely important security feature as now we are protected only by the miners' Mh/s which isn't that high.
Support the network, support the price, mint
P.S.
Please do not be paranoid about unlocking your wallet for minting. Eventually DMD will become mostly PoS coin so it's something we will all have to get used to. There will be tools created to help us predict when minting is due.
At the moment, any additional hash will help to protect the network.
I want to remind some of you that DMD is a deposit coin and not high volume money printer. The interest is set to 1% but one can stake every ~7 days (this adds extra incentive for network protection). The interest might appear low right now, but we are really in the issuance period and eventually that 1% will be a lot.
There will be more changes/features coming and this update is a transitional one.
You mean that if I have 100DMD, then every 7 days, I'll have 1DMD?
March 20, 2014, 05:23:21 PM
How many there are so far?
There have been just over 300k mined.
Quote
What's the expected lifespam?
Diamonds?... Diamonds are forever....
March 20, 2014, 05:21:11 PM
I will be turning on PoS tomorrow (Friday) evening (GMT time).
Together with our code dev we'll be monitoring the network all night for possible problems.
If you have coins for minting please (if you can) use them to mint - would be good to do a stress test on the network with everyone minting. Remember the more blocks we mint the less blocks miners get = higher DMD price.
Minting is also an extremely important security feature as now we are protected only by the miners' Mh/s which isn't that high.
Support the network, support the price, mint
P.S.
Please do not be paranoid about unlocking your wallet for minting. Eventually DMD will become mostly PoS coin so it's something we will all have to get used to. There will be tools created to help us predict when minting is due.
At the moment, any additional hash will help to protect the network.
I want to remind some of you that DMD is a deposit coin and not high volume money printer. The interest is set to 1% but one can stake every ~7 days (this adds extra incentive for network protection). The interest might appear low right now, but we are really in the issuance period and eventually that 1% will be a lot.
There will be more changes/features coming and this update is a transitional one.
Together with our code dev we'll be monitoring the network all night for possible problems.
If you have coins for minting please (if you can) use them to mint - would be good to do a stress test on the network with everyone minting. Remember the more blocks we mint the less blocks miners get = higher DMD price.
Minting is also an extremely important security feature as now we are protected only by the miners' Mh/s which isn't that high.
Support the network, support the price, mint
P.S.
Please do not be paranoid about unlocking your wallet for minting. Eventually DMD will become mostly PoS coin so it's something we will all have to get used to. There will be tools created to help us predict when minting is due.
At the moment, any additional hash will help to protect the network.
I want to remind some of you that DMD is a deposit coin and not high volume money printer. The interest is set to 1% but one can stake every ~7 days (this adds extra incentive for network protection). The interest might appear low right now, but we are really in the issuance period and eventually that 1% will be a lot.
There will be more changes/features coming and this update is a transitional one.
March 19, 2014, 07:09:46 PM
I really liked this coin. Is the only one I could mine some with my VSH.
I read there will be about 4.8 mil. How many there are so far? What's the expected lifespam?
I read there will be about 4.8 mil. How many there are so far? What's the expected lifespam?
March 19, 2014, 07:26:37 AM
What will be the annual interest rate (PoS)?
No one knows?
March 18, 2014, 01:34:43 PM
So this is the coin that at , cough , 0.00015246 , was supposed to make 4.5 billion people happy?
Oh , wait , women and diamonds , right?
The whole market cap of the coin can't buy you a tiny diamond , and you we're still arguing with me about the downtrend that this coin can't get out of?
Oh , wait , women and diamonds , right?
The whole market cap of the coin can't buy you a tiny diamond , and you we're still arguing with me about the downtrend that this coin can't get out of?
i guess u missinterpret the situation
look closer u will see that hours autosell dump price and then big buys are happening
thats not a dying coin
that intended price manipulation
there people who try to buy in this coin as cheap as possible
and they doing it successfull
guess what this people will do once they gathered their target amount of dmd.......
maybe some of this people also part of the dmd inner circle....
dead coins dont release wallet updates and have big buy waves
low market cap coins are vulnerable
but people who play the market dont do it to lose money
so best bet is to join in and earn together with them
March 18, 2014, 07:34:50 AM
Hello community,
We are currently on Cryptsy only which became very crowded (so many different coins).
As Studentwiskunde suggested lets try to vote us into BTER a Chinese exchange.
Apparently they've already started accepting votes quite some time before but I think we might still have some chance to leave our mark.
Please ask them there to add Diamond Coin to the list and once they do please cast your vote.
https://bitcointalksearch.org/topic/annvote-new-coins-on-btercom-which-new-coin-should-bter-add-in-next-week-502363
We are currently on Cryptsy only which became very crowded (so many different coins).
As Studentwiskunde suggested lets try to vote us into BTER a Chinese exchange.
Apparently they've already started accepting votes quite some time before but I think we might still have some chance to leave our mark.
Please ask them there to add Diamond Coin to the list and once they do please cast your vote.
https://bitcointalksearch.org/topic/annvote-new-coins-on-btercom-which-new-coin-should-bter-add-in-next-week-502363
March 18, 2014, 06:33:37 AM
So this is the coin that at , cough , 0.00015246 , was supposed to make 4.5 billion people happy?
Oh , wait , women and diamonds , right?
The whole market cap of the coin can't buy you a tiny diamond , and you we're still arguing with me about the downtrend that this coin can't get out of?
Oh , wait , women and diamonds , right?
The whole market cap of the coin can't buy you a tiny diamond , and you we're still arguing with me about the downtrend that this coin can't get out of?
I agree the whole women and dimaonds thing is a little far fetched. Almost all the alts are heading down, people are dumping them on the exchanges. The test is wether the community can survive or not.
March 18, 2014, 04:53:40 AM
So this is the coin that at , cough , 0.00015246 , was supposed to make 4.5 billion people happy?
Oh , wait , women and diamonds , right?
The whole market cap of the coin can't buy you a tiny diamond , and you we're still arguing with me about the downtrend that this coin can't get out of?
Oh , wait , women and diamonds , right?
The whole market cap of the coin can't buy you a tiny diamond , and you we're still arguing with me about the downtrend that this coin can't get out of?
March 17, 2014, 12:20:21 AM
i thank you can re-start diamond client .
March 17, 2014, 12:16:59 AM
What will be the annual interest rate (PoS)?
March 16, 2014, 04:04:06 PM
love diamond!!! pump
March 16, 2014, 04:01:25 PM
What should I do?
Just wait a few more days. PoS is still not turned on, we are waiting for more people to upgrade to the newest version - mining pools and cryptsy have been notified.
I'll post here a notice a day before we turn it on, so everyone knows what's going on.
Thanks for your patience.
March 16, 2014, 04:36:18 AM
Hello.
I'm using client 1.0.4.0.
16 March 2014 I have redownloaded blockchain from the begining but there is warning:"WARNING:Checkpoint is too old. Wait for block chain to download or notify developers"
What should I do?
I'm using client 1.0.4.0.
16 March 2014 I have redownloaded blockchain from the begining but there is warning:"WARNING:Checkpoint is too old. Wait for block chain to download or notify developers"
What should I do?
March 14, 2014, 09:31:39 AM
It has been tested over time.
March 14, 2014, 09:24:09 AM
old coin
March 14, 2014, 09:03:47 AM
I have archived the old block chain etc and here is the last block from debug.log:
03/13/14 21:23:56 received block 00000000693c85858ae0
03/13/14 21:23:56 SetBestChain: new best=00000000693c85858ae0 height=322480 tr
ust=34413680427 date=03/13/14 21:23:44
03/13/14 21:23:56 ProcessBlock: ACCEPTED
The old client was 1.0.2.
What I did was to delete the old block chain and download again...
The wallet seems to have the same amount now, but doesn't seem to initiate any PoS
So are you saying we might have an incompatible fork now?
EDIT: I have successfully updated some 1.0.3 wallets to 1.0.4, so it might be some issue with 1.0.2 to 1.0.4? Neither wallet does PoS now, even though they have coins since December 2013 in there.
03/13/14 21:23:56 received block 00000000693c85858ae0
03/13/14 21:23:56 SetBestChain: new best=00000000693c85858ae0 height=322480 tr
ust=34413680427 date=03/13/14 21:23:44
03/13/14 21:23:56 ProcessBlock: ACCEPTED
The old client was 1.0.2.
What I did was to delete the old block chain and download again...
The wallet seems to have the same amount now, but doesn't seem to initiate any PoS
So are you saying we might have an incompatible fork now?
EDIT: I have successfully updated some 1.0.3 wallets to 1.0.4, so it might be some issue with 1.0.2 to 1.0.4? Neither wallet does PoS now, even though they have coins since December 2013 in there.
Code:
Hash: 00000000693c85858ae0e701b0810bd0d13828a6a8b93052baf6cc4f5a8cbe3b
Previous Block: 0000000018bd7b0d3e02e1e2b2fb1b4fadba70e346dbe91d49b9112c2eadca96
Next Block: 000000005bce924838e20d0c14e4ee3b50cfcd29fb77203dd442c79b237ec096
Height: 322480
Version: 4
Transaction Merkle Root: 380e752bbd9d9c9c81153a81f60de2aafc8b0d0bce3b5baa419c08316aa72f8c
Yes this looks correct, PoS is not turned on just yet, but soon, so keep your coins ready.
1.03 was just fixing connectivity and newer CPs . I'll send a PM
diamond is a good name , i like it.
March 14, 2014, 08:53:36 AM
I have archived the old block chain etc and here is the last block from debug.log:
03/13/14 21:23:56 received block 00000000693c85858ae0
03/13/14 21:23:56 SetBestChain: new best=00000000693c85858ae0 height=322480 tr
ust=34413680427 date=03/13/14 21:23:44
03/13/14 21:23:56 ProcessBlock: ACCEPTED
The old client was 1.0.2.
What I did was to delete the old block chain and download again...
The wallet seems to have the same amount now, but doesn't seem to initiate any PoS
So are you saying we might have an incompatible fork now?
EDIT: I have successfully updated some 1.0.3 wallets to 1.0.4, so it might be some issue with 1.0.2 to 1.0.4? Neither wallet does PoS now, even though they have coins since December 2013 in there.
03/13/14 21:23:56 received block 00000000693c85858ae0
03/13/14 21:23:56 SetBestChain: new best=00000000693c85858ae0 height=322480 tr
ust=34413680427 date=03/13/14 21:23:44
03/13/14 21:23:56 ProcessBlock: ACCEPTED
The old client was 1.0.2.
What I did was to delete the old block chain and download again...
The wallet seems to have the same amount now, but doesn't seem to initiate any PoS
So are you saying we might have an incompatible fork now?
EDIT: I have successfully updated some 1.0.3 wallets to 1.0.4, so it might be some issue with 1.0.2 to 1.0.4? Neither wallet does PoS now, even though they have coins since December 2013 in there.
Code:
Hash: 00000000693c85858ae0e701b0810bd0d13828a6a8b93052baf6cc4f5a8cbe3b
Previous Block: 0000000018bd7b0d3e02e1e2b2fb1b4fadba70e346dbe91d49b9112c2eadca96
Next Block: 000000005bce924838e20d0c14e4ee3b50cfcd29fb77203dd442c79b237ec096
Height: 322480
Version: 4
Transaction Merkle Root: 380e752bbd9d9c9c81153a81f60de2aafc8b0d0bce3b5baa419c08316aa72f8c
Yes this looks correct, PoS is not turned on just yet, but soon, so keep your coins ready.
1.03 was just fixing connectivity and newer CPs . I'll send a PM
That log was from the old client, and the new client would not start with the stored blockhain. Was this a fork or not? If not, what could be the problem? I could provide a copy of the old "bad" database if that helps.
March 14, 2014, 08:50:32 AM
The permanent DMD node at 193.68.21.19 has been updated to 1.0.4
The pool wallet of http://dmdpool.digsys.bg has been updated to 1.0.4.
The pool wallet of http://dmdpool.digsys.bg has been updated to 1.0.4.
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