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Topic: [ANN] ¤ DMD Diamond 3.0 | Scarce ¤ Valuable ¤ Secure | PoS 3.0 | Masternodes 65% - page 19. (Read 1260245 times)
August 17, 2020, 05:57:08 PM
August 17, 2020, 04:17:48 PM
please check ur nodes if they are on same block as official explorer
https://chainz.cryptoid.info/dmd/
if u are on a shorter chain
u need to fresh sync or use a presynced chainstate and blocks folder
f not u need to stop the node and resync chain
guide #18 here https://diamond-info.github.io/
here is a correct chain from today
https://mega.nz/file/klwFGB4a#HqlUkQgYlHqRu6_rBonsf3Off9X6lTBMjDBg35JN3RM
https://chainz.cryptoid.info/dmd/
if u are on a shorter chain
u need to fresh sync or use a presynced chainstate and blocks folder
f not u need to stop the node and resync chain
guide #18 here https://diamond-info.github.io/
here is a correct chain from today
https://mega.nz/file/klwFGB4a#HqlUkQgYlHqRu6_rBonsf3Off9X6lTBMjDBg35JN3RM
August 16, 2020, 11:32:07 AM
Dev u have idea to get more exchange for dmd with big exchange 
..crypto game change now it not like 2017 again bro.many exchange now offer margin trade not just spot trade. many new crypto come with new idea 
even ETH start start staking people will choice good project ..before ETH START staking many coin and token staking bro ...dmd take off next year but roket failure sorry to say
..crypto game change now it not like 2017 again bro.many exchange now offer margin trade not just spot trade. many new crypto come with new idea even ETH start start staking people will choice good project ..before ETH START staking many coin and token staking bro ...dmd take off next year but roket failure sorry to say 
August 11, 2020, 07:33:28 PM
I'm an old member still holding and staking my DMD as I believe that we will see a lot more people coming into the staking space once ETH starts staking. It will attract more people to start staking and I think people will look for other projects that have staking like DMD. I also believe people will look for long standing projects that have a good track record like DMD so we could see DMD take off in the next year or so and DMD v4 could really make DMD explode even more so I think there is a lot to look forward to with DMD for the ones that have the patience to wait.
August 11, 2020, 06:30:02 AM
wall of text from a telegram chat
just post here to conserve it
join us on telegram
https://t.me/DMDcoin
just post here to conserve it
join us on telegram
https://t.me/DMDcoin
Quote
Helmut bit.diamonds, [11.08.20 12:15]
DMD Diamond was born as a old school coin back in 2013 with a simple design as a scarce coin and first gemstone typed (Diamond) and hybrid POW/POS. end of 2013 it was clear thats not enough for stay longterm relevant and after community takeover early 2014 DMD v2 got released by a way more sofisticated coin economic model thats by its essence since then and even in DMDv4 is unchanged (just improved). thats also when we started call the release first time a "evolution". and evolution never stopps it was clear that v2 had shortcomming example still POW/POS and missing additional funktionalities. thats when development of v3 the next evolution started POW was removed and POS/Masternode was implemented. it was a nice upgrade but also weakness and overestimated hopes became vissible of that codebase. masternode technology as base of a growing set of blockchain hosted services didnt develop the way we hoped and it was clear a more radical way of evolution is needed to really transform from just be a coins generate coins platform with a nice coin economic setup into a true cornerstone of blockchain future that stay revelant for decades and that is what started the actual development and evolution cycle towards DMD v4. here finally we will arrive where we wanted to be with DMD. as not only a well designed coin economic solution but additional as a blockchain infrastructure platform with leading edge technology that can power any smartcontract based project solution doesnmt matter if its simple tokens (any kind of erc based) or advanced tokens (nft and so on) or complex decentral blockchain based business logics like decentral exchanges or defi solutions
Helmut bit.diamonds, [11.08.20 12:18]
now what other coins have such a history of evolution? what coins stay active in support by a dedicate core of stakeholders when the true founder was in fact lost after a few months.............
Helmut bit.diamonds, [11.08.20 12:19]
i can only imagine bitcoin as somehow similar in history where founder disappeared and community did take over and continue envolve the baby
Helmut bit.diamonds, [11.08.20 12:25]
but in case of DMD its even more interesting because i think bitcoin at that time of release was work of a genius and the vision also is. but DMD DIamond was created by a ghost who did create and abandon many coins and didnt have any longterm vision or goals with his projects just a try and error and play around with configs to generate a new blockchain. all the vission all the meaning all the desire to give DMD Diamond purpose in future did come out of the community. i think in this way we are unique and a perfect example that something that was started without a deeper meaning and without a longterm vision can get both if the people invest blood and tears. fact is that a blockchain is nothing without a community and as long we are working together the evolution will never stop
DMD Diamond was born as a old school coin back in 2013 with a simple design as a scarce coin and first gemstone typed (Diamond) and hybrid POW/POS. end of 2013 it was clear thats not enough for stay longterm relevant and after community takeover early 2014 DMD v2 got released by a way more sofisticated coin economic model thats by its essence since then and even in DMDv4 is unchanged (just improved). thats also when we started call the release first time a "evolution". and evolution never stopps it was clear that v2 had shortcomming example still POW/POS and missing additional funktionalities. thats when development of v3 the next evolution started POW was removed and POS/Masternode was implemented. it was a nice upgrade but also weakness and overestimated hopes became vissible of that codebase. masternode technology as base of a growing set of blockchain hosted services didnt develop the way we hoped and it was clear a more radical way of evolution is needed to really transform from just be a coins generate coins platform with a nice coin economic setup into a true cornerstone of blockchain future that stay revelant for decades and that is what started the actual development and evolution cycle towards DMD v4. here finally we will arrive where we wanted to be with DMD. as not only a well designed coin economic solution but additional as a blockchain infrastructure platform with leading edge technology that can power any smartcontract based project solution doesnmt matter if its simple tokens (any kind of erc based) or advanced tokens (nft and so on) or complex decentral blockchain based business logics like decentral exchanges or defi solutions
Helmut bit.diamonds, [11.08.20 12:18]
now what other coins have such a history of evolution? what coins stay active in support by a dedicate core of stakeholders when the true founder was in fact lost after a few months.............
Helmut bit.diamonds, [11.08.20 12:19]
i can only imagine bitcoin as somehow similar in history where founder disappeared and community did take over and continue envolve the baby
Helmut bit.diamonds, [11.08.20 12:25]
but in case of DMD its even more interesting because i think bitcoin at that time of release was work of a genius and the vision also is. but DMD DIamond was created by a ghost who did create and abandon many coins and didnt have any longterm vision or goals with his projects just a try and error and play around with configs to generate a new blockchain. all the vission all the meaning all the desire to give DMD Diamond purpose in future did come out of the community. i think in this way we are unique and a perfect example that something that was started without a deeper meaning and without a longterm vision can get both if the people invest blood and tears. fact is that a blockchain is nothing without a community and as long we are working together the evolution will never stop
August 10, 2020, 08:33:55 AM
August 09, 2020, 04:44:33 PM
August 09, 2020, 02:10:12 PM
Why DMD gone from CMC DMD dying
DMD dying July 29, 2020, 06:31:41 AM
another interesting question and answer u missed by not following DMD chat on telegram
the question was how similar how different will be coin economic setup and coin rollout be in DMDv4
join us on telegram
https://t.me/DMDcoin
there u can read additional infos when we answer questions
the question was how similar how different will be coin economic setup and coin rollout be in DMDv4
join us on telegram
https://t.me/DMDcoin
there u can read additional infos when we answer questions
July 21, 2020, 11:45:55 AM
basically u can break down DMD v4 in 4 core elements
1st a ethereum combatible smart contract engine that can host basically any code written for ethereum on top of DMD blockchain (tokens, NFTs, smart contracts, and and and)
2nd a honeybadger consensus engine with variable blocktime (more and faster blocks if more traffic on chain) with blocktime between 1 sec and 10 min (where 10 min is only happening if there is 10 min no transaction on network as soon as a transaction appear a block production is started nearly instant) this engine will have at least 400 tx/sec and provide advanced feature not existing on ethereum like instant finality and a combined real random number generator (ideal for host games on top of DMD blockchain)
3rd a posdao validator election and dpos staking engine, this baby make sure we follow the core logic of decentral blockchains where validators are selects by following a rulesset that applies to all participants and where stakeholders impact what nodes get more likely more often selected in active state by place trust on them (stake on them)
4th a onchain governace module basically a DAO that allow DMD stakeholder to decide about what projects/activity the blockchain support with fund from the ecosystem support port thats filled with 10% of the new coins generated
1st a ethereum combatible smart contract engine that can host basically any code written for ethereum on top of DMD blockchain (tokens, NFTs, smart contracts, and and and)
2nd a honeybadger consensus engine with variable blocktime (more and faster blocks if more traffic on chain) with blocktime between 1 sec and 10 min (where 10 min is only happening if there is 10 min no transaction on network as soon as a transaction appear a block production is started nearly instant) this engine will have at least 400 tx/sec and provide advanced feature not existing on ethereum like instant finality and a combined real random number generator (ideal for host games on top of DMD blockchain)
3rd a posdao validator election and dpos staking engine, this baby make sure we follow the core logic of decentral blockchains where validators are selects by following a rulesset that applies to all participants and where stakeholders impact what nodes get more likely more often selected in active state by place trust on them (stake on them)
4th a onchain governace module basically a DAO that allow DMD stakeholder to decide about what projects/activity the blockchain support with fund from the ecosystem support port thats filled with 10% of the new coins generated
Any update on the completion of this code? When will DMD v4 be available?
join us on telegram
https://t.me/DMDcoin
there u can read additional infos when we answer questions
like this:
Digital Demon, [21.07.20 11:27]
[In reply to Helmut bit.diamonds]
This all sounds very interesting. May I ask, is anyone else trying to implement honeybadger, either on a BTC or ETH type blockchain?
Aas, [21.07.20 11:37]
[In reply to bridge]
When DMD V.4 Launch mr?.
Helmut bit.diamonds, [21.07.20 12:36]
regarding release i expect a 6-9 months timeframe i hope we start next internal testnet in a few weeks and after that one a public testnet in a few months (aim is at least 3 months pre release have a public testnet so people can learn and prepare for set up their mainnet nodes and how to interact with the posdao dpos staking dapp
Helmut bit.diamonds, [21.07.20 12:39]
we did work on a shared codebase for honeybadger+posdao with a few likemindet projects like artis and lukso and poa network. but in the last few weeks we found out that the different needs of the projects and the timeframe they aim until release will most likely split us up into seperate codebases. for now it looks like we will be the first ones launching honeybadger/posdao close followed by artis ( by lab10.coop )which is now our primary cooperation and development partner
Helmut bit.diamonds, [21.07.20 12:41]
@tzwxndy regarding listing we dont aim for listings pre dmd v4 release as it involve a major codechange pre release listings would create extra and double effort which we want to avoid
Helmut bit.diamonds, [21.07.20 12:53]
parts of the codebase (the posdao dpos staking/validator election engine) are on mainnet released already and as i did hear pretty successful. the project is called xDAI and is run by the guys who did develop poa network too.
Helmut bit.diamonds, [21.07.20 12:54]
its this project https://coinmarketcap.com/de/currencies/xdai/
Helmut bit.diamonds, [21.07.20 12:54]
but they dont use honeybadger together with posdao they still use aura consensus
July 21, 2020, 09:25:03 AM
basically u can break down DMD v4 in 4 core elements
1st a ethereum combatible smart contract engine that can host basically any code written for ethereum on top of DMD blockchain (tokens, NFTs, smart contracts, and and and)
2nd a honeybadger consensus engine with variable blocktime (more and faster blocks if more traffic on chain) with blocktime between 1 sec and 10 min (where 10 min is only happening if there is 10 min no transaction on network as soon as a transaction appear a block production is started nearly instant) this engine will have at least 400 tx/sec and provide advanced feature not existing on ethereum like instant finality and a combined real random number generator (ideal for host games on top of DMD blockchain)
3rd a posdao validator election and dpos staking engine, this baby make sure we follow the core logic of decentral blockchains where validators are selects by following a rulesset that applies to all participants and where stakeholders impact what nodes get more likely more often selected in active state by place trust on them (stake on them)
4th a onchain governace module basically a DAO that allow DMD stakeholder to decide about what projects/activity the blockchain support with fund from the ecosystem support port thats filled with 10% of the new coins generated
1st a ethereum combatible smart contract engine that can host basically any code written for ethereum on top of DMD blockchain (tokens, NFTs, smart contracts, and and and)
2nd a honeybadger consensus engine with variable blocktime (more and faster blocks if more traffic on chain) with blocktime between 1 sec and 10 min (where 10 min is only happening if there is 10 min no transaction on network as soon as a transaction appear a block production is started nearly instant) this engine will have at least 400 tx/sec and provide advanced feature not existing on ethereum like instant finality and a combined real random number generator (ideal for host games on top of DMD blockchain)
3rd a posdao validator election and dpos staking engine, this baby make sure we follow the core logic of decentral blockchains where validators are selects by following a rulesset that applies to all participants and where stakeholders impact what nodes get more likely more often selected in active state by place trust on them (stake on them)
4th a onchain governace module basically a DAO that allow DMD stakeholder to decide about what projects/activity the blockchain support with fund from the ecosystem support port thats filled with 10% of the new coins generated
Any update on the completion of this code? When will DMD v4 be available?
July 21, 2020, 07:04:20 AM
basically u can break down DMD v4 in 4 core elements
1st a ethereum combatible smart contract engine that can host basically any code written for ethereum on top of DMD blockchain (tokens, NFTs, smart contracts, and and and)
2nd a honeybadger consensus engine with variable blocktime (more and faster blocks if more traffic on chain) with blocktime between 1 sec and 10 min (where 10 min is only happening if there is 10 min no transaction on network as soon as a transaction appear a block production is started nearly instant) this engine will have at least 400 tx/sec and provide advanced feature not existing on ethereum like instant finality and a combined real random number generator (ideal for host games on top of DMD blockchain)
3rd a posdao validator election and dpos staking engine, this baby make sure we follow the core logic of decentral blockchains where validators are selects by following a rulesset that applies to all participants and where stakeholders impact what nodes get more likely more often selected in active state by place trust on them (stake on them)
4th a onchain governace module basically a DAO that allow DMD stakeholder to decide about what projects/activity the blockchain support with fund from the ecosystem support port thats filled with 10% of the new coins generated
1st a ethereum combatible smart contract engine that can host basically any code written for ethereum on top of DMD blockchain (tokens, NFTs, smart contracts, and and and)
2nd a honeybadger consensus engine with variable blocktime (more and faster blocks if more traffic on chain) with blocktime between 1 sec and 10 min (where 10 min is only happening if there is 10 min no transaction on network as soon as a transaction appear a block production is started nearly instant) this engine will have at least 400 tx/sec and provide advanced feature not existing on ethereum like instant finality and a combined real random number generator (ideal for host games on top of DMD blockchain)
3rd a posdao validator election and dpos staking engine, this baby make sure we follow the core logic of decentral blockchains where validators are selects by following a rulesset that applies to all participants and where stakeholders impact what nodes get more likely more often selected in active state by place trust on them (stake on them)
4th a onchain governace module basically a DAO that allow DMD stakeholder to decide about what projects/activity the blockchain support with fund from the ecosystem support port thats filled with 10% of the new coins generated
June 03, 2020, 03:54:18 PM
https://bit.diamonds/
DMD Telegram channel
https://t.me/DMDcoin
Official Slack channel:
https://dmdcoin.slack.com/
DMD Discord channel
https://discord.com/invite/DbVrNZb
FAQs & Wallet Troubleshoots:
https://diamond-info.github.io/
Wallet downloads:
https://github.com/DMDcoin/Diamond/releases
Masternode:
https://masternodes.online/currencies/DMD/
Masternode Shares:
https://dmdmn.miningfield.com/
Block Explorers:
https://chainz.cryptoid.info/dmd/
Medium:
https://medium.com/@diamond.dmdcoin
**Chatrooms are unified with a bridge connecting our #shared channel on Slack, #general channel on our Discord and our Telegram channel.
DMD Telegram channel
https://t.me/DMDcoin
Official Slack channel:
https://dmdcoin.slack.com/
DMD Discord channel
https://discord.com/invite/DbVrNZb
FAQs & Wallet Troubleshoots:
https://diamond-info.github.io/
Wallet downloads:
https://github.com/DMDcoin/Diamond/releases
Masternode:
https://masternodes.online/currencies/DMD/
Masternode Shares:
https://dmdmn.miningfield.com/
Block Explorers:
https://chainz.cryptoid.info/dmd/
Medium:
https://medium.com/@diamond.dmdcoin
**Chatrooms are unified with a bridge connecting our #shared channel on Slack, #general channel on our Discord and our Telegram channel.
May 29, 2020, 05:46:11 AM
this is our history from 9 months before DMDv3 launch towards release september 2019 and up to the crypto spike start of 2018
now we might be in a similar timeframe around 6-9 months away of DMDv4 release and a expected crypto spike in 2021
and to be honest the jump from DMDv3 towards DMDv4 is a much bigger one and add so much more that it even deserve to end way better
now we might be in a similar timeframe around 6-9 months away of DMDv4 release and a expected crypto spike in 2021
and to be honest the jump from DMDv3 towards DMDv4 is a much bigger one and add so much more that it even deserve to end way better
May 28, 2020, 03:48:23 PM
in case u want to be up2date just join our chats
DMD Diamond website:
https://bit.diamonds/
DMD Telegram channel
https://t.me/DMDcoin
DMD Discord channel
https://discord.gg/bqM78c9
Official Slack channel:
https://dmdcoin.slack.com/
FAQs & Wallet Troubleshoots:
https://diamond-info.github.io/
Wallet downloads:
https://github.com/DMDcoin/Diamond/releases
Block Explorers:
https://chainz.cryptoid.info/dmd/
**Chatrooms are unified with a bridge connecting our #shared channel on Slack, #general channel on our Discord and our Telegram channel.
May 27, 2020, 08:20:28 PM
my wallet/node is currently synchronizing. I love running nodes to help the network.
looking forward to adding this one now as well!
looking forward to adding this one now as well!
May 25, 2020, 06:35:54 AM
lets share some infos based on answers give on chat towards the question how different honeybadger/posdao will be regarding reward logic compared to POS/masternode we have now
instead of POS nodes who find blocks and masternodes who offer not much (quicktx which nearly noone uses) to network beside earn a share of blockrewards
DMDv4 have a better concept where each part plays a vital role
people can set up validator candidated which have a similar minimum collateral as today masternodes (10000 DMD but can be bigger too) and out of this valid candidates each epoch (a network defined timeframe maybe 1 day deepends on test results) a subset is based on randomness but with win chance increase by amount of coins on a validator selected to become active validators for this epoch.
for the chance if a validator get selected not only the amount of coins the validator owner did place as collateral act as boost but als all the coins other people did delegate on top of his validator. this means we will have a dPOS system too where the people using it play a role to choose and stake on the nodes they trust and who are stable and logterm supporting the network. the incentiove for the dPOS users to select carefull is that they only earn if the validator they delegate their coins on top is part of active validator set too.
basically such a system is called a
"committee-based PoS are designed for permissionless scenarios powered by an election mechanism for maintaining a stable consensus group"
in our case the size for a active validator set will be close to 50
if u compare that with actual ~150 masternodes we have that means on average if all validator pools set up same clever and stable they will be part of active set around each 3rd epoch
way more in deep description will be available at whitepaper
another little update regarding coin economic setup of DMD v4
the coin rollout plan will stay as planed but the exact split between Masternode/POS/ecosystem support pot will be a little bit different
the propose was 63/30/7 in the dmd v4 voting but back the days still lot was unclear about possibilities of the engine.
now with much more knowledge the only realistic way is to do a 90/10 split between posdao rewards engine and ecosystem support pot
(the funds that we all own together and rule via dao voting what activities we support)
this means 90% of epoch rewards are split up via posdao reward engine which is very high sofisticated and a codepiece we want to use 1:1 without changes. basically posdao split rewards in equal pieces between all validator pools of the active epoche but then the rewards each single validator pool recieve get split up again between validator owner collateral and ontop staked dpos coins. the logic here is all aimed towards have not to big not to small validators and to give dpos users a incentive to choose not the biggest validator and place their dpos on top on the same because the mopre coins are in a validator pool the less rewarding per coin it is. so on first look it looks like have small filled validators is better then? not really because small validators less likely become a slot in active validator set. so basically its a self regulating system where optimal profit is earned by that ones who make validators in proper size big enough to be often inside active set and small enough to earn well per coin
i guess if u read above u understand why we cant exactly say how much validator and how much dpos users will earn
because its high dynamic
all we can say is how big the network inflation will be. to be expected is that on average well maintaines and proper sized validator pools will earn around 1.5-2 times more then network inflation is because u can expect a part of coins not take part active to secure network or are on exchanges or paperwallets or just in hands of lazy people.
whats network inflation this days?
its around 5% and constant decreasing it will reach until 2028 a value of around 1%
instead of POS nodes who find blocks and masternodes who offer not much (quicktx which nearly noone uses) to network beside earn a share of blockrewards
DMDv4 have a better concept where each part plays a vital role
people can set up validator candidated which have a similar minimum collateral as today masternodes (10000 DMD but can be bigger too) and out of this valid candidates each epoch (a network defined timeframe maybe 1 day deepends on test results) a subset is based on randomness but with win chance increase by amount of coins on a validator selected to become active validators for this epoch.
for the chance if a validator get selected not only the amount of coins the validator owner did place as collateral act as boost but als all the coins other people did delegate on top of his validator. this means we will have a dPOS system too where the people using it play a role to choose and stake on the nodes they trust and who are stable and logterm supporting the network. the incentiove for the dPOS users to select carefull is that they only earn if the validator they delegate their coins on top is part of active validator set too.
basically such a system is called a
"committee-based PoS are designed for permissionless scenarios powered by an election mechanism for maintaining a stable consensus group"
in our case the size for a active validator set will be close to 50
if u compare that with actual ~150 masternodes we have that means on average if all validator pools set up same clever and stable they will be part of active set around each 3rd epoch
way more in deep description will be available at whitepaper
another little update regarding coin economic setup of DMD v4
the coin rollout plan will stay as planed but the exact split between Masternode/POS/ecosystem support pot will be a little bit different
the propose was 63/30/7 in the dmd v4 voting but back the days still lot was unclear about possibilities of the engine.
now with much more knowledge the only realistic way is to do a 90/10 split between posdao rewards engine and ecosystem support pot
(the funds that we all own together and rule via dao voting what activities we support)
this means 90% of epoch rewards are split up via posdao reward engine which is very high sofisticated and a codepiece we want to use 1:1 without changes. basically posdao split rewards in equal pieces between all validator pools of the active epoche but then the rewards each single validator pool recieve get split up again between validator owner collateral and ontop staked dpos coins. the logic here is all aimed towards have not to big not to small validators and to give dpos users a incentive to choose not the biggest validator and place their dpos on top on the same because the mopre coins are in a validator pool the less rewarding per coin it is. so on first look it looks like have small filled validators is better then? not really because small validators less likely become a slot in active validator set. so basically its a self regulating system where optimal profit is earned by that ones who make validators in proper size big enough to be often inside active set and small enough to earn well per coin
i guess if u read above u understand why we cant exactly say how much validator and how much dpos users will earn
because its high dynamic
all we can say is how big the network inflation will be. to be expected is that on average well maintaines and proper sized validator pools will earn around 1.5-2 times more then network inflation is because u can expect a part of coins not take part active to secure network or are on exchanges or paperwallets or just in hands of lazy people.
whats network inflation this days?
its around 5% and constant decreasing it will reach until 2028 a value of around 1%
May 18, 2020, 12:33:55 PM
I am a newbie on bitcointalk. Thank you for help and quick answers! I'm glad that DMD community is so cool. I hope the project will get more popularity soon
great to see a new face here
bitcointalk became old school..........
back the days when dmd was born its was one and only must have communication platform to be on bitcointalk
this days many new joiners dont know bitcointalk at all........
we honor our roots and will always stay present here too
even if main chat this days is on telegram (open) and slack (invite only)
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