[ANN] ¤ DMD Diamond 3.0 | Scarce ¤ Valuable ¤ Secure | PoS 3.0 | Masternodes 65% - page 176.

cryptonit

legendary

Activity: 3052

Merit: 1053

bit.diamonds | uNiq.diamonds

Quote from: yvmen on July 10, 2017, 04:19:11 AM

I just want to check is it still follow the same rules as what it post , for POS after 2.5mil block reward goes to 5% per annum already?
is it because of that so MN is coming out , if that is the case then is really not much for us small holder get rewarded anywhere , thou i might be late
i just read through so find is interesting but reading back the whole thing it say after 1.5mil it goes to 25% but after that is 5% so not sure it is this way hope those senior who gone through the changes can update me on this ,

Thanks

yvmen

whitepaper release on 13th july will explain details
basically it will switch from per annum rewards to static blockrewards
the total coin rollout will stay at ~25% and reduce slowly towards 1% in a 10 years timeframe
because now only active POS participants are rewarded u can expect maybe even above 25% DMD POS income per year
and masternodes even more

yvmen

newbie

Activity: 51

Merit: 0

I just want to check is it still follow the same rules as what it post , for POS after 2.5mil block reward goes to 5% per annum already?
is it because of that so MN is coming out , if that is the case then is really not much for us small holder get rewarded anywhere , thou i might be late
i just read through so find is interesting but reading back the whole thing it say after 1.5mil it goes to 25% but after that is 5% so not sure it is this way hope those senior who gone through the changes can update me on this ,

Thanks

yvmen

jonsi

legendary

Activity: 1397

Merit: 1019

Quote from: cryptonit on July 10, 2017, 03:38:59 AM

Quote from: jonsi on July 10, 2017, 03:19:45 AM

Quote from: nubbins7 on July 07, 2017, 02:42:36 PM

Quote from: cryptonit on July 07, 2017, 02:38:53 AM

Quote from: nubbins7 on July 06, 2017, 06:39:53 PM

Can someone kindly share the DMD Sig code thanks.

https://bitcointalksearch.org/topic/m.11816944

Great thank ya much.

Is there a reward associated with the signature, or is it just to promote the coin?

Thanks.

show that u part of our family

wear it with honor and be proud
thats the reward!

Thanks for you answer. As of right now, I don't own to much DMD, but I'm buying it little by little.

Also, I have an ideea of creating a shared masternode, and by shared I mean that the coins for buying the node will be collected from all participants.

I've been here for a long period of time and offcourse I don't expect that anybody would trust me to own the masternode, so that's why it will be handeled by a trusted escrow.

Would anybody be interested in this ideea?

@OP: sorry if this is not the right place for this and please let me know if I need to create a separate thread. Thanks.

cryptonit

legendary

Activity: 3052

Merit: 1053

bit.diamonds | uNiq.diamonds

Quote from: jonsi on July 10, 2017, 03:19:45 AM

Quote from: nubbins7 on July 07, 2017, 02:42:36 PM

Quote from: cryptonit on July 07, 2017, 02:38:53 AM

Quote from: nubbins7 on July 06, 2017, 06:39:53 PM

Can someone kindly share the DMD Sig code thanks.

https://bitcointalksearch.org/topic/m.11816944

Great thank ya much.

Is there a reward associated with the signature, or is it just to promote the coin?

Thanks.

show that u part of our family

wear it with honor and be proud
thats the reward!

jonsi

legendary

Activity: 1397

Merit: 1019

Quote from: nubbins7 on July 07, 2017, 02:42:36 PM

Quote from: cryptonit on July 07, 2017, 02:38:53 AM

Quote from: nubbins7 on July 06, 2017, 06:39:53 PM

Can someone kindly share the DMD Sig code thanks.

https://bitcointalksearch.org/topic/m.11816944

Great thank ya much.

Is there a reward associated with the signature, or is it just to promote the coin?

Thanks.

cryptonit

legendary

Activity: 3052

Merit: 1053

bit.diamonds | uNiq.diamonds

Quote from: Dim89 on July 10, 2017, 02:24:51 AM

I'm finally up and staking DMD Grin

Bought some DMD again

I feel prices will begin to start rising again after the dev release DMDv3 white paper

i dont see whitepaper as a hype point
its just a gathering of mostly already known DMDv3 facts
and a milestone on the way to DMDv3 release

but yes the 4th birthday of DMD Diamond is for sure a reason to celebrate!

Dim89

full member

Activity: 137

Merit: 100

I'm finally up and staking DMD Grin

Bought some DMD again

I feel prices will begin to start rising again after the dev release DMDv3 white paper

cryptonit

legendary

Activity: 3052

Merit: 1053

bit.diamonds | uNiq.diamonds

Quote from: Blood Diamond on July 09, 2017, 05:25:48 AM

i saved me some cheap diamonds

really would like to stake but i cant fix the wallet problems on my ubuntu :/

what wallet problems?
i run many ubuntu headless wallets with zero issues
join slack (link to get invite on first page of this thread)
sure u will find helping hands

Blood Diamond

newbie

Activity: 5

Merit: 0

i saved me some cheap diamonds

really would like to stake but i cant fix the wallet problems on my ubuntu :/

Galactus

hero member

Activity: 505

Merit: 500

The last low price of 0.0009255 before the big changes?

cryptonit

legendary

Activity: 3052

Merit: 1053

bit.diamonds | uNiq.diamonds

Quote from: Galactus on July 08, 2017, 07:09:40 AM

Dash MN = 1000 Dash > 200.000 $ ≈ 80 BTC
NEM SN = 3.000.000 XEM > 440.000 $ ≈ 160 BTC
PIVX MN = 10.000 PIVX > 21.000 $ ≈ 8.4 BTC
DMD MN = 10.000 DMD > 25.000 $ ≈ 10 BTC

dash mn earns ya ~ 1/4600 of daily mn rewards
nem sn earns ya ~ 1/400 of daily sn rewards
pivx mn earns ya ~ 1/2000 of daily mn rewards
dmd mn earns ya ~ 1/115 of daily mn rewards

why the design of dmd diamond aim for hard to fill but high rewarding masternodes?

because we called diamond
and not glas shards 😎

Galactus

hero member

Activity: 505

Merit: 500

Quote from: CleanCutKid on July 08, 2017, 02:10:56 AM

Quote from: crazyivan on July 07, 2017, 05:11:13 AM

Bud, cut the crap, some people have spent years gathering DMD in order to be able to get to a point where they re now. MN requirements will not be changed cause u d like to get a few of them for 0.5 BTC each. DMD s always been a long term, stable and a very profitable investment and it will remain to be so.

What would say for Dash or XEM MN requirement, which is 200+ BTC?

No, you ll never be able to ROI in 2 months with MN, for that you need to find some other pump and dumps coins but I honestly do not see a situation where running one DMD masternode would not be extremely profitable. We ve seen dozens of experts, like you, over the years, stating how DMD will become unprofitable, how the system s broken, how inflation s not good. Guess what, in all these years we ve seen nothing but growth. I can see a time in the future where DMD will reach $10. It may take couple of years but hey, if it would be that easy, everyone would it.

I welcome you to DMD Diamond community, I hope you ll become one of the holders, stakers, even mastornode owners but specifications will not change. So pls, if you think DMD s not good enough for you, good luck.

Cheers

I am a DMD holder for a long time and have also invested in the mining so I am a supporter but just thought 10,000 DMD was setting it too high, but obviously it's up to you guys.

Dash MN = 1000 Dash > 200.000 $ ≈ 80 BTC
NEM SN = 3.000.000 XEM > 440.000 $ ≈ 160 BTC
PIVX MN = 10.000 PIVX > 21.000 $ ≈ 8.4 BTC
DMD MN = 10.000 DMD > 25.000 $ ≈ 10 BTC

cryptonit

legendary

Activity: 3052

Merit: 1053

bit.diamonds | uNiq.diamonds

Quote from: CleanCutKid on July 08, 2017, 02:10:56 AM

I am a DMD holder for a long time and have also invested in the mining so I am a supporter but just thought 10,000 DMD was setting it too high, but obviously it's up to you guys.

POS will be rewarding too in DMDv3

CleanCutKid

jr. member

Activity: 43

Merit: 10

Quote from: crazyivan on July 07, 2017, 05:11:13 AM

Bud, cut the crap, some people have spent years gathering DMD in order to be able to get to a point where they re now. MN requirements will not be changed cause u d like to get a few of them for 0.5 BTC each. DMD s always been a long term, stable and a very profitable investment and it will remain to be so.

What would say for Dash or XEM MN requirement, which is 200+ BTC?

No, you ll never be able to ROI in 2 months with MN, for that you need to find some other pump and dumps coins but I honestly do not see a situation where running one DMD masternode would not be extremely profitable. We ve seen dozens of experts, like you, over the years, stating how DMD will become unprofitable, how the system s broken, how inflation s not good. Guess what, in all these years we ve seen nothing but growth. I can see a time in the future where DMD will reach $10. It may take couple of years but hey, if it would be that easy, everyone would it.

I welcome you to DMD Diamond community, I hope you ll become one of the holders, stakers, even mastornode owners but specifications will not change. So pls, if you think DMD s not good enough for you, good luck.

Cheers

I am a DMD holder for a long time and have also invested in the mining so I am a supporter but just thought 10,000 DMD was setting it too high, but obviously it's up to you guys.

nubbins7

sr. member

Activity: 566

Merit: 250

Quote from: cryptonit on July 07, 2017, 02:38:53 AM

Quote from: nubbins7 on July 06, 2017, 06:39:53 PM

Can someone kindly share the DMD Sig code thanks.

https://bitcointalksearch.org/topic/m.11816944

Great thank ya much.

cryptonit

legendary

Activity: 3052

Merit: 1053

bit.diamonds | uNiq.diamonds

Quote from: CleanCutKid on July 07, 2017, 03:49:09 AM

When MNs become too expensive compared to the ROI the coin will loose out in the end.

dont worry we expect DMD masternodes to be one of the best ROI masternodes with a ROI of 30-50% (deepending on competition)
it will be average 977 DMD spread each day between all masternodes

more details u will find in whitepaper that we release 13th july at DMD Diamonds 4th birthday

Quote

Will the total DMD still be 4.380,000

yes normal coin rollout would take around 30 years to reach that
but because of deflation mechanics which will be described in whitepaper we expect to never come even close to this maximum

crazyivan

legendary

Activity: 1652

Merit: 1007

DMD Diamond Making Money 4+ years! Join us!

Bud, cut the crap, some people have spent years gathering DMD in order to be able to get to a point where they re now. MN requirements will not be changed cause u d like to get a few of them for 0.5 BTC each. DMD s always been a long term, stable and a very profitable investment and it will remain to be so.

What would say for Dash or XEM MN requirement, which is 200+ BTC?

No, you ll never be able to ROI in 2 months with MN, for that you need to find some other pump and dumps coins but I honestly do not see a situation where running one DMD masternode would not be extremely profitable. We ve seen dozens of experts, like you, over the years, stating how DMD will become unprofitable, how the system s broken, how inflation s not good. Guess what, in all these years we ve seen nothing but growth. I can see a time in the future where DMD will reach $10. It may take couple of years but hey, if it would be that easy, everyone would it.

I welcome you to DMD Diamond community, I hope you ll become one of the holders, stakers, even mastornode owners but specifications will not change. So pls, if you think DMD s not good enough for you, good luck.

Cheers

CleanCutKid

jr. member

Activity: 43

Merit: 10

Quote from: midnight_miner on July 07, 2017, 12:26:23 AM

Quote from: CleanCutKid on July 06, 2017, 11:07:35 PM

Quote from: Galactus on July 06, 2017, 04:36:49 PM

Quote from: CleanCutKid on July 06, 2017, 04:21:13 PM

Can someone tell me if the DMD v3 will have masternodes? I thought I read that somewhere. What would the collateral be for a DMD masternode?

masternodes = 10000 DMD
but, there will also be a POS, which is now 25% per annum, but after launching DMD v3 will become even more.

So, run this past me again Huh

10,000 DMD for a masternode, right? Current supply is 2,172,834 DMD (https://chainz.cryptoid.info/dmd/) = maximum of 217 masternodes if the total supply is used or a maximum of 438 masternodes when DMD reaches 4,380,000 DMD. That just doesn't make any sense. So, you are aiming for maybe 50-60 masternodes running as opposed to around 4000 MNs running for DASH and around 2000 MNs running for PIVX. You should set the collateral much lower. It just doesn't make any sense unless it's just an attempt to push the price up.

I am having the same conundrum with one of my projects. But I think DMD is a holding coin of value. If too much is tied up in Masternodes that is not healthy for the 'liquidity' of the coin. DMD only needs enough Masternodes to secure the network, so yes 50 reliable masternodes may be enough. DMD is not a DASH or PIVX type of coin with high volume darknet trading. DMD is quite different from them.

When MNs become too expensive compared to the ROI the coin will loose out in the end. Will the total DMD still be 4.380,000 and what will the MN reward be?

cryptonit

legendary

Activity: 3052

Merit: 1053

bit.diamonds | uNiq.diamonds

Quote from: midnight_miner on July 07, 2017, 12:26:23 AM

Quote from: CleanCutKid on July 06, 2017, 11:07:35 PM

Quote from: Galactus on July 06, 2017, 04:36:49 PM

Quote from: CleanCutKid on July 06, 2017, 04:21:13 PM

Can someone tell me if the DMD v3 will have masternodes? I thought I read that somewhere. What would the collateral be for a DMD masternode?

masternodes = 10000 DMD
but, there will also be a POS, which is now 25% per annum, but after launching DMD v3 will become even more.

So, run this past me again Huh

10,000 DMD for a masternode, right? Current supply is 2,172,834 DMD (https://chainz.cryptoid.info/dmd/) = maximum of 217 masternodes if the total supply is used or a maximum of 438 masternodes when DMD reaches 4,380,000 DMD. That just doesn't make any sense. So, you are aiming for maybe 50-60 masternodes running as opposed to around 4000 MNs running for DASH and around 2000 MNs running for PIVX. You should set the collateral much lower. It just doesn't make any sense unless it's just an attempt to push the price up.

I am having the same conundrum with one of my projects. But I think DMD is a holding coin of value. If too much is tied up in Masternodes that is not healthy for the 'liquidity' of the coin. DMD only needs enough Masternodes to secure the network, so yes 50 reliable masternodes may be enough. DMD is not a DASH or PIVX type of coin with high volume darknet trading. DMD is quite different from them.

the aim is to have healthy 100-150 masternodes

we decide to have a relative high masternode collateral
because in the future we might increase the minimum specs that a masternode must have
(for now even a raspberryPI mini computer would be strong enough)

because the masternodes are the foundation of our future service network
and we cant expect from tiny investors to establish and maintain a high end server for this
but from high involved big investors we can

smaller holder of DMD will always be able take part in POS and earn themself a nice interest too

we also plan in future as one of the services on our service platform so called "savings account"
which will basically allow people take part in a shared masternode in a secure way

cryptonit

legendary

Activity: 3052

Merit: 1053

bit.diamonds | uNiq.diamonds

Quote from: nubbins7 on July 06, 2017, 06:39:53 PM

Can someone kindly share the DMD Sig code thanks.

https://bitcointalksearch.org/topic/m.11816944

Topic: [ANN] ¤ DMD Diamond 3.0 | Scarce ¤ Valuable ¤ Secure | PoS 3.0 | Masternodes 65% - page 176. (Read 1260706 times)