Topic: [ANN] ¤ DMD Diamond 3.0 | Scarce ¤ Valuable ¤ Secure | PoS 3.0 | Masternodes 65% - page 110. (Read 1260677 times)

I think you should read this information https://bit.diamonds/DMD_WP_1.0.pdf

Concerning general DMD workings, you'll find answer to your questions in the whitepaper. For more in-depth DMD v3 explanations, read a few pages back on this thread. For general POS explanations, take a look here:

https://steemit.com/life/@cryptochindian/proof-of-work-vs-proof-of-stake-explained

https://www.worldcryptoindex.com/proof-stake-vs-proof-work/

Hi experts,

I have some general questions regarding Diamond coin system. If you could help me trying to understand, that would be really kind of you.

• 1) I would like to know how stalking works in detail. What is my wallet doing when staking is active? It’s not about computer performance, because this is proof of stake and not proof of work, where you need high end computers for mining. But what are you doing instead? And is staking important for the network?
• 2) I would like to understand the reward system for staking. I already know that you differ between masternodes (>10000 dmd wallet) and all others. Masternodes get more reward than others. Ratio ist 0,65/0,35. But what is the reason or the idea behind that?
• 3) This leads me to the next question: what does 0,35 respectively 0,65 mean? Of what? Of a new block?
• 4) if you don’t need much computer performance to find new blocks, why does it take so much time to find new blocks? What is the technic of decelerate?
• 5) last question is about payout of the reward system. When does this happen? Daily? Weekly? Monthly? Quarterly? How can you see the payout? Is it like a transaction you are receiving? Or does your amount just rise? How many dmd coins do you get for staking? Can you calculate the expected reward? An example would be helpful. I have 43 dmd coins for instance. What can I expect? What can I expect if I have 200 dmd?

As you can see there is much to learn for me!
Thanks guys!

ok thank u

we get soon included into coinomi
i see no need to pay a big bounty for a seperate dmd only android  wallet
if we are part of a great multicoin mobile wallet solution with nice attached services

but 30 DMD to honor ur time if u provide access to source code as bounty is possible

is any bounty available for a dmd android wallet?

The feeling when you find some diamonds is always great

Thank you a lot. I'm trying to fund my bank and will soon grab enough DMD within next week to have a masternode running on my end . I will travel abroad this 30th and hopefully I can setup masternode running before that time. I'm seeking for help from our community in Slack, I will update the results . I know stuffs but I'm kindda new with POS and Masternode tech.

I have been reading on bitcointalk for a while but finally I found a coin that made me register and go heavy on it, love the feelings when you found something you can trust and support with every you have (I still have enough cash for my desired lifestyle no worry )

Warm Regards,

I updated the information, plus add a new article:

Dmdv3 wallet compilation guide for raspberry pi (headless mode), october 2017
Dmdv3 wallet compilation guide for raspberry pi (headless mode), october 2017, version 2
Dmd v3 wallet masternode on raspberry pi 2 model b (version: 1.0 - 10.10.2017 - pazor)

If you have DMD's in a paper wallet then you need to have the Private key for the paper wallet.
Download and sync the V3 wallet on your computer and, just import private key into the new wallet.

I was successful to compile DMDV3 on my raspberry pi 3 with Raspbian OS.

First I followed that guide until 'make install':
https://diamond-info.github.io/raspberry2.html

and after that i continued with that guide at point #17:
https://diamond-info.github.io/raspberry.html

Jessie is necessary, Stretch is not working.

Wallet is running headless and in stalking is already active.

Thanks guys for the guides.
I was able to follow the steps!

Cheers

So i have a few questions.

- I have some diamond in a paper wallet. How do i brings these diamonds back?
- When trying to download the source from the github for the paper wallet i get the bitaddress repo from github instead of the diamond paper wallet generator which generates bitcoin addresses. How can i get the one for the diamond paper wallet generator?
- How can i stake my diamonds?

there was much effort put into DMDv3
and we got overwhelming positive feedback from the community

but that u can never please everyone is a truth

it was a free decision to update towards DMDv3 from u
all the rulesets where clear written down in the whitepaper

If you keep your wallet always running, those 400 DMD will definitely stake every few days. Just make sure you keep them in one pile. If they won't, there is some other reason.

Considering that PoS have a 25% gain per year, and that one pos block is 0.8 DMD that is near 12% of you total dmd, and considering that 12%x2=24% that is near the 25% stake per year, you have the possibility to stake 2 times in a year so one time every 6 months (on average) so 90 days is too early to complain because you didn't receive nothing.

Sorry but your DMD are really really a small quantity.....

Any one having issues with the Diamond OS X wallet not loading? The wallet crashes upon loading, perhaps a bug.? I've uninstalled and reinstalled but getting the same error.

I've downloaded the OSX.diamond-qt.3-0-0-3.dmg version which is the latest version.


Process:               DMD-Qt [1188]
Path:                  /Volumes/VOLUME/*/DMD-Qt.app/Contents/MacOS/DMD-Qt
Identifier:            io.diamond.Diamond-Qt
Version:               3.0.0 (3.0.0)
Code Type:             X86-64 (Native)
Parent Process:         [1]
Responsible:           DMD-Qt [1188]
User ID:               501

Date/Time:             2017-10-13 11:57:58.635 -0400
OS Version:            Mac OS X 10.12.6 (16G29)
Report Version:        12
Anonymous UUID:        836EE182-CFFA-AE97-D4C3-6BA4A2C5E9A1


Time Awake Since Boot: 2200 seconds

System Integrity Protection: enabled

Notes:                 Translocated Process

Crashed Thread:        15  diamond-loadblk

Exception Type:        EXC_BAD_ACCESS (SIGSEGV)
Exception Codes:       KERN_INVALID_ADDRESS at 0x0000000000000040
Exception Note:        EXC_CORPSE_NOTIFY

Termination Signal:    Segmentation fault: 11
Termination Reason:    Namespace SIGNAL, Code 0xb
Terminating Process:   exc handler

I know that the more masternodes started, the less they will earn, as I pointed out.
There was 105  masternodes from original post. Which got them 9.165 diamonds on 630 blocks.
There will never be 640 blocks a day..
112  masternodes active now. 627 blocks  avg is the real world number per day.
8.5 diamonds per day on 627 blocks for 112 masternodes. 958 diamonds max per 627 blocks.
POS maturity at 641 blocks really!!

Next you state going masternode those coins are removed from POS competition,
BUT only for 7 days...
1470 coins generated per day on average with POS and Masternode rewards.
In 7 days  10000 coins will be generated.. Back into competition For POS.
You need a new masternode per week,to offset the 10,000 generated to make that statement true.
But that is never going to happen...eventually you will max out on Masternode Users.
PLUS that only makes sense if your total user base of non masternode  POS users stays the same as well.
Do you want more Diamond users or less???
Why don't you split the Reactor RICH#1 into 8 masternodes??
85000 plus.YAH that's what I thought..

How many stale diamonds are sitting at Bittrex never to compete??
What if they weren't stale and actually were competing?
1+ million are there. Think of the difficulty then..
Yah that's what I thought.

Bitcoin is almost 5800 US
The last few days have been just insane.  
Why are we dropping both in Satoshis and US Dollar??? the last few days..
250000 satoshis last week heading to 300,000
If we had  stayed at that, we would be at an easy 14-14.50 US..Today
@500,000 satoshi we would be at 28 dollars US
@750,000 > 43 US
The buy orders are  less than 10 percent of the sell orders..
Top down thinking I'm convinced..
Simple math is a little complicated for you..

News flash! these aren't real Diamonds.
and no one knows about us.
That's whats rare. Solid Information..
Coinmarket cap doesn't even list us in the rankings,properly.
No one knows unless they really search..
Coingecko does.
Cryptoid still shows us as POW/POS > Diamond block explorer> About Diamond
Reactor https://chainz.cryptoid.info/dmd/address.dws?3955.htm
Shows you staked 5300+ Since first block..Wrong..
and that's any address..
Sent and received are bogus as well..
mine says I staked over 400.UNtrue
not even close to half that..

Its so easy for some to say maybe this is not the coin for you, instead of being actually proactive
and continuously improving the status and business plan of the coin..
Pretty is, as pretty does.

need help with staking...I have had 6.4 DMD in my wallet for over 60 days now and have gotten 0 interest.  My wallet says staking is active

First register:
1) Slack Invitation: https://dmdcoin.signup.team/

and then join:
2) Slack: https://dmdcoin.slack.com/

You will get help with whatever problem you have (DMD related ).

If you want to have a stable operating system for POS minting you need to have an UPS and disable all automatic updates on your PC with Windows 10.
Also, you need a disable the sleep mode and the mode disable hard disks after some time.
Windows 10, without certain  specific settings is not intended for round-the-clock operation.