[ANN] ¤ DMD Diamond 3.0 | Scarce ¤ Valuable ¤ Secure | PoS 3.0 | Masternodes 65% - page 172.

Trimegistus

legendary

Activity: 1564

Merit: 1027

Quote from: popshot on July 14, 2017, 05:55:29 AM

Good point Trimegistus, this info will find its way to the document.
Reactor keys will stop delivering and the remaining coins will be sent to the reactor key holders.

Quote from: Trimegistus on July 14, 2017, 05:01:15 AM

Someone please correct me if I'm wrong, but I have a couple questions:

- I believe a few weeks ago it was stated that the config steps to create a TOR masternode would be released with the whitepaper. I know we still have a time, I just want to know if we can count on the devs guidance to set things up properly of we should make them on our own.

- In the whitepaper there are clear references to the Legendary Addresses but not a single reference, for instance, to the special reactor keys auctioned 8 months ago. We paid for boosted staking power for a year and that ends in November. Someone mentioned that we are going to get the remaining coins that we were supposed to get from staking but there is no mention to that in the whitepaper.

Concerning the rest, I'm here for the long run!

Thanks!

shveicar

legendary

Activity: 1414

Merit: 1013

DMD info: https://diamond-info.github.io/

Quote from: Trimegistus on July 14, 2017, 05:01:15 AM

Someone please correct me if I'm wrong, but I have a couple questions:

- I believe a few weeks ago it was stated that the config steps to create a TOR masternode would be released with the whitepaper. I know we still have a time, I just want to know if we can count on the devs guidance to set things up properly of we should make them on our own.

- In the whitepaper there are clear references to the Legendary Addresses but not a single reference, for instance, to the special reactor keys auctioned 8 months ago. We paid for boosted staking power for a year and that ends in November. Someone mentioned that we are going to get the remaining coins that we were supposed to get from staking but there is no mention to that in the whitepaper.

Concerning the rest, I'm here for the long run!

All instructions and descriptions for configuring TOR, Proxi, IPv6 and Masternode will be released by a separate discription.
Do not worry, this is an important point and it will not be left without attention.

popshot

hero member

Activity: 774

Merit: 554

CEO Diamond Foundation

Good point Trimegistus, this info will find its way to the document.
Reactor keys will stop delivering and the remaining coins will be sent to the reactor key holders.

Quote from: Trimegistus on July 14, 2017, 05:01:15 AM

Someone please correct me if I'm wrong, but I have a couple questions:

- I believe a few weeks ago it was stated that the config steps to create a TOR masternode would be released with the whitepaper. I know we still have a time, I just want to know if we can count on the devs guidance to set things up properly of we should make them on our own.

- In the whitepaper there are clear references to the Legendary Addresses but not a single reference, for instance, to the special reactor keys auctioned 8 months ago. We paid for boosted staking power for a year and that ends in November. Someone mentioned that we are going to get the remaining coins that we were supposed to get from staking but there is no mention to that in the whitepaper.

Concerning the rest, I'm here for the long run!

crazyivan

legendary

Activity: 1652

Merit: 1007

DMD Diamond Making Money 4+ years! Join us!

Quote from: NoxX on July 14, 2017, 05:49:14 AM

The DMD richlist shows 50 addresses with 10k+ DMD, 7 of which are Bittrex or Reactor.

Does that mean at the moment there could be 43 MN max, unless more coin accumulation / redistribution occurs?

Just trying to run some numbers to see if it would be worth the investment to increase my DMD to 10k...

Your math is incorrect cause not every of these addresses holds 10k coins only. Some re going to be split into more then 1 masternodes. I asses to have around 85+ masternodes when we switch. How this number will change depends on market conditions. This is my best guess not an investment advice.

NoxX

sr. member

Activity: 462

Merit: 252

The DMD richlist shows 50 addresses with 10k+ DMD, 7 of which are Bittrex or Reactor.

Does that mean at the moment there could be 43 MN max, unless more coin accumulation / redistribution occurs?

Just trying to run some numbers to see if it would be worth the investment to increase my DMD to 10k...

hallared

full member

Activity: 150

Merit: 101

The hen or the egg

Quote from: cryptonit on July 13, 2017, 04:36:12 PM

https://bit.diamonds/community/index.php/topic,165.msg1269.html#msg1269

Quote from: D҉ataWraith on May 31, 2010, 04:06:54 AM

Thank you everyone for taking part in this year’s DMD Diamond birthday cake competition.
As always your effort and dedication were amazing and as always it was incredibly difficult to choose a winner as all your work deserved being rewarded.
The consensus was achieved through multi stage voting that resulted in selecting 5 finalists and then the winners. Here are the results:

1st place – HALLARED

2nd place - EMMYTIM

2nd place – YELENA

There are two second places with 100 DMD reward each. There is no 3rd place.
However, the two contestants who didn’t make to the podium will be rewarded with 10 DMD each.

4th – DIAMOND_MAZIEEKA

5th - DASSJDK

As we mentioned above, all the works were excellent and we feel that every contestant should get a reward.
This is why BB2EBB, EXTRAWELT, HALLER, CAPRICOINN, HSBOOKWORM, KITKAT and CARFACE receive 4 DMD each

We hope you enjoyed the whole experience and next year we’ll again see your entries.

May I ask everyone to contact me directly and provide your DMD Diamond addresses to which we’ll deposit the prizes!

(on DMD Forum)

I must say that me and my wife are very happy to have won once again, but also a bit surprised since there were many nice and beautiful birthday cakes this year. It was wonderful to look at all the lovely pictures in the thread, we wanted to have a taste of them all

Congratulations to all participants !

Trimegistus

legendary

Activity: 1564

Merit: 1027

Someone please correct me if I'm wrong, but I have a couple questions:

- I believe a few weeks ago it was stated that the config steps to create a TOR masternode would be released with the whitepaper. I know we still have a time, I just want to know if we can count on the devs guidance to set things up properly of we should make them on our own.

- In the whitepaper there are clear references to the Legendary Addresses but not a single reference, for instance, to the special reactor keys auctioned 8 months ago. We paid for boosted staking power for a year and that ends in November. Someone mentioned that we are going to get the remaining coins that we were supposed to get from staking but there is no mention to that in the whitepaper.

Concerning the rest, I'm here for the long run!

cryptonit

legendary

Activity: 3052

Merit: 1053

bit.diamonds | uNiq.diamonds

Quote from: big_coins on July 14, 2017, 03:59:52 AM

[
show me the bittrex market for 2.0 only coins ?

So there is no choice.

Sad that only 4 people decide all things and the rest of coin owners have no voice it seems.

Your way or the highway.

I will continue to be DMD owner but am very very sad you chose this dishonest way of recovering cold coins.

my suggestion to u is take part in POS ur coins reset the timer each time they find a block
u are not only permanant save with ur coins u also earn a nice interest

optional if u want to have a endless secure coldwallet make its transaction size exact 10000 DMD

this count as masternode colateral size and is save too no matter of age

cryptonit

legendary

Activity: 3052

Merit: 1053

bit.diamonds | uNiq.diamonds

crazyivan

legendary

Activity: 1652

Merit: 1007

DMD Diamond Making Money 4+ years! Join us!

Quote from: big_coins on July 14, 2017, 03:59:52 AM

Quote from: cryptonit on July 14, 2017, 03:07:08 AM

Quote from: big_coins on July 14, 2017, 02:50:42 AM

Quote from: cryptonit on July 14, 2017, 02:47:18 AM

Quote from: big_coins on July 14, 2017, 02:39:04 AM

i don't care if its 10 years or 20 years until my wallet is stolen.

DMD 3.0 now means cold storage is NO longer an option.

For many people who use cold storage as they may be old, ill, etc it really doesn't matter are now left abandoned.

No use saying 'oh just make a hot wallet every x years' this defies the whole security of cold storage.

This autosteal feature is VERY bad, if you really worried about old coins then come up with another method other than stealing.

Very bad day for DMD reputation when it comes to taking others legally held coins.

nothing is stolen u are proper informed about the DMDv3 ruleset 10 years in advance
u can choose to sell ur coins if u dont like it or spend 1 min every 9 years to secure ur coins

if u use ur coins as intended to run MN or POS ur coins are always save

sorry this is not true.

10 years + 1 day how many coins are still in my cold storage ? zero they have been stolen.

sorry thats not true

noone forces u to install DMDv3
if u and like minded people keep running DMDv2 wallet
u will have coins even after 10 year dont touch them

its a free choice to install DMDv3
its a open source software all the rulesets are open readable in the code nothing is hidden
noone force u to use it

its ur own choice

i can say we have the people we have the funds we have the experience and we have the plan
to make DMDv3 a great coin that will return into the top 100 and be part of blockchainpowered future

u are more then welcome to gather ur own team and funds and develop ur own vision of how DMD should be
maybe a good lesson to understand how much work we put in and respect it that we work hard for this coin

or u can just go the easy path when u disagree with DMDv3 then sell ur DMD
enjoy ur profit u sure made a lot from 0.30$ to 3$
or wait a bit longer to even earn more profit

i see on market a lot demand for DMD many new people wants to fill a masternode
noone is angry if u sell ur DMD

win win solution u got $ profit
we have one unhappy community member less

show me the bittrex market for 2.0 only coins ?

So there is no choice.

Sad that only 4 people decide all things and the rest of coin owners have no voice it seems.

Your way or the highway.

I will continue to be DMD owner but am very very sad you chose this dishonest way of recovering cold coins.

I have already offered you to buy every single coin you own if you do not want to stay part of DMD community. I have also asked you several times not to call us thieves or dishonest people since these are false accusations. Next time I will not ask, I ll give you a negative trust rating cause you obviously enjoy spreading shit about good and hardworking people who are part of this community. Please do not make me do that, stay constructive and try to contribute to our growth. DMD has brought us nothing but profits, let s keep it that way. Thank you for your understanding.

big_coins

full member

Activity: 175

Merit: 100

Quote from: cryptonit on July 14, 2017, 03:07:08 AM

Quote from: big_coins on July 14, 2017, 02:50:42 AM

Quote from: cryptonit on July 14, 2017, 02:47:18 AM

Quote from: big_coins on July 14, 2017, 02:39:04 AM

i don't care if its 10 years or 20 years until my wallet is stolen.

DMD 3.0 now means cold storage is NO longer an option.

For many people who use cold storage as they may be old, ill, etc it really doesn't matter are now left abandoned.

No use saying 'oh just make a hot wallet every x years' this defies the whole security of cold storage.

This autosteal feature is VERY bad, if you really worried about old coins then come up with another method other than stealing.

Very bad day for DMD reputation when it comes to taking others legally held coins.

nothing is stolen u are proper informed about the DMDv3 ruleset 10 years in advance
u can choose to sell ur coins if u dont like it or spend 1 min every 9 years to secure ur coins

if u use ur coins as intended to run MN or POS ur coins are always save

sorry this is not true.

10 years + 1 day how many coins are still in my cold storage ? zero they have been stolen.

sorry thats not true

noone forces u to install DMDv3
if u and like minded people keep running DMDv2 wallet
u will have coins even after 10 year dont touch them

its a free choice to install DMDv3
its a open source software all the rulesets are open readable in the code nothing is hidden
noone force u to use it

its ur own choice

i can say we have the people we have the funds we have the experience and we have the plan
to make DMDv3 a great coin that will return into the top 100 and be part of blockchainpowered future

u are more then welcome to gather ur own team and funds and develop ur own vision of how DMD should be
maybe a good lesson to understand how much work we put in and respect it that we work hard for this coin

or u can just go the easy path when u disagree with DMDv3 then sell ur DMD
enjoy ur profit u sure made a lot from 0.30$ to 3$
or wait a bit longer to even earn more profit

i see on market a lot demand for DMD many new people wants to fill a masternode
noone is angry if u sell ur DMD

win win solution u got $ profit
we have one unhappy community member less

show me the bittrex market for 2.0 only coins ?

So there is no choice.

Sad that only 4 people decide all things and the rest of coin owners have no voice it seems.

Your way or the highway.

I will continue to be DMD owner but am very very sad you chose this dishonest way of recovering cold coins.

shveicar

legendary

Activity: 1414

Merit: 1013

DMD info: https://diamond-info.github.io/

big_coins
We are ready for discussion, and we are ready for discussions and proposals.
We are ready to discuss anything but absurd claims of theft.
After all, it's an open source project and as Cryptonit said, you can always try to organize your own project and set your own rules there taking all the risks and consequences.

But please read again carefully White Paper and try to understand what we wanted to tell you ..

cryptonit

legendary

Activity: 3052

Merit: 1053

bit.diamonds | uNiq.diamonds

Quote from: popshot on July 13, 2017, 05:27:01 PM

DMD Diamond 3.0 White Paper

Thank you to all the people, both DMD Diamond Foundation members and fantastic Diamond Community, who have contributed with their input to this document and support over the years which inspired us to move forward and continue to develop DMD Diamond with passion.

This white paper is the first draft. The final iteration will include detailed description of DMD Diamond 3.0 parameters and adjustment options for the zero micromanagement Diamond Proof of Stake engine (split and merge mechanics).

cryptonit

legendary

Activity: 3052

Merit: 1053

bit.diamonds | uNiq.diamonds

Quote from: M1ST3R on July 13, 2017, 07:18:35 PM

Also, the mechanism that choose which masternode receives the POS share reward is boiled down to luck?

if u run a stable online masternode it will average out
and u reach over time the statistic fact that if there are 100 masternodes u earn 1% of all masternode rewards with 1 masternode
its same as mining it total based on luck
but still who have more hashrate will over time earn more rewards

POS in DMDv3 is like mining without powerwaste with ur coins
MN in DMDv3 is like mining without powerwaste with ur coins

based on ur share of DMD u choose the way how u will take part in DMD coin rollout

every way will earn u rewards

cryptonit

legendary

Activity: 3052

Merit: 1053

bit.diamonds | uNiq.diamonds

Quote from: big_coins on July 14, 2017, 02:50:42 AM

Quote from: cryptonit on July 14, 2017, 02:47:18 AM

Quote from: big_coins on July 14, 2017, 02:39:04 AM

i don't care if its 10 years or 20 years until my wallet is stolen.

DMD 3.0 now means cold storage is NO longer an option.

For many people who use cold storage as they may be old, ill, etc it really doesn't matter are now left abandoned.

No use saying 'oh just make a hot wallet every x years' this defies the whole security of cold storage.

This autosteal feature is VERY bad, if you really worried about old coins then come up with another method other than stealing.

Very bad day for DMD reputation when it comes to taking others legally held coins.

nothing is stolen u are proper informed about the DMDv3 ruleset 10 years in advance
u can choose to sell ur coins if u dont like it or spend 1 min every 9 years to secure ur coins

if u use ur coins as intended to run MN or POS ur coins are always save

sorry this is not true.

10 years + 1 day how many coins are still in my cold storage ? zero they have been stolen.

sorry thats not true

noone forces u to install DMDv3
if u and like minded people keep running DMDv2 wallet
u will have coins even after 10 year dont touch them

its a free choice to install DMDv3
its a open source software all the rulesets are open readable in the code nothing is hidden
noone force u to use it

its ur own choice

i can say we have the people we have the funds we have the experience and we have the plan
to make DMDv3 a great coin that will return into the top 100 and be part of blockchainpowered future

u are more then welcome to gather ur own team and funds and develop ur own vision of how DMD should be
maybe a good lesson to understand how much work we put in and respect it that we work hard for this coin

or u can just go the easy path when u disagree with DMDv3 then sell ur DMD
enjoy ur profit u sure made a lot from 0.30$ to 3$
or wait a bit longer to even earn more profit

i see on market a lot demand for DMD many new people wants to fill a masternode
noone is angry if u sell ur DMD

win win solution u got $ profit
we have one unhappy community member less

big_coins

full member

Activity: 175

Merit: 100

Quote from: cryptonit on July 14, 2017, 02:47:18 AM

Quote from: big_coins on July 14, 2017, 02:39:04 AM

i don't care if its 10 years or 20 years until my wallet is stolen.

DMD 3.0 now means cold storage is NO longer an option.

For many people who use cold storage as they may be old, ill, etc it really doesn't matter are now left abandoned.

No use saying 'oh just make a hot wallet every x years' this defies the whole security of cold storage.

This autosteal feature is VERY bad, if you really worried about old coins then come up with another method other than stealing.

Very bad day for DMD reputation when it comes to taking others legally held coins.

nothing is stolen u are proper informed about the DMDv3 ruleset 10 years in advance
u can choose to sell ur coins if u dont like it or spend 1 min every 9 years to secure ur coins

if u use ur coins as intended to run MN or POS ur coins are always save

sorry this is not true.

10 years + 1 day how many coins are still in my cold storage ? zero they have been stolen.

cryptonit

legendary

Activity: 3052

Merit: 1053

bit.diamonds | uNiq.diamonds

Quote from: big_coins on July 14, 2017, 02:39:04 AM

i don't care if its 10 years or 20 years until my wallet is stolen.

DMD 3.0 now means cold storage is NO longer an option.

For many people who use cold storage as they may be old, ill, etc it really doesn't matter are now left abandoned.

No use saying 'oh just make a hot wallet every x years' this defies the whole security of cold storage.

This autosteal feature is VERY bad, if you really worried about old coins then come up with another method other than stealing.

Very bad day for DMD reputation when it comes to taking others legally held coins.

nothing is stolen u are proper informed about the DMDv3 ruleset 10 years in advance
u can choose to sell ur coins if u dont like it or spend 1 min every 9 years to secure ur coins

if u use ur coins as intended to run MN or POS ur coins are always save

cryptonit

legendary

Activity: 3052

Merit: 1053

bit.diamonds | uNiq.diamonds

the 35/65 split of rewards is to guide coins into masternodes
yes until around 100-120 masternodes are filled MN are very rewarding
once that targetnumber is reached the advantage above POS is just a little

its a self adjusting system the 35/65 reward split doesnt tell ya how much u will earn
the ammount of competition will tell ya

if there are 100 masternodes active they will earn around 10 DMD per day
if there are 150 masternodes online they earn lik 6.6 DMD per day

the more DMD are in MN the less DMD are competing to seek POS blocks
that means people who active run POS earn more if more coins move towards masternodes

self adjusting

in some cases its even possible that POS start to earn more then MN
and then coins will flood back to POS and make sure the network is always proper secured

self adjusting

big_coins

full member

Activity: 175

Merit: 100

i don't care if its 10 years or 20 years until my wallet is stolen.

DMD 3.0 now means cold storage is NO longer an option.

For many people who use cold storage as they may be old, ill, etc it really doesn't matter are now left abandoned.

No use saying 'oh just make a hot wallet every x years' this defies the whole security of cold storage.

This autosteal feature is VERY bad, if you really worried about old coins then come up with another method other than stealing.

Very bad day for DMD reputation when it comes to taking others legally held coins.

crazyivan

legendary

Activity: 1652

Merit: 1007

DMD Diamond Making Money 4+ years! Join us!

People, please have a detailed look at the document and try to understanding it before you start commenting.

We re all here on the same side trying to improve and enhance DMD Diamond. We all want to see it reach $5 or $10 per coin one day. Well, to do that, we need to become better and better. A lot of time and energy has been invested into these improvements, please try to understand that.

Also, community feedback is very important for us and further future improvements based on it are possible and welcome.

Topic: [ANN] ¤ DMD Diamond 3.0 | Scarce ¤ Valuable ¤ Secure | PoS 3.0 | Masternodes 65% - page 172. (Read 1260677 times)