[ANN] ¤ DMD Diamond 3.0 | Scarce ¤ Valuable ¤ Secure | PoS 3.0 | Masternodes 65% - page 224.

Rumhurius

legendary

Activity: 1672

Merit: 1046

Here we go again

Quote from: cryptonit on April 03, 2017, 03:47:17 AM

Quote from: Galactus on April 02, 2017, 05:53:44 PM

cryptonit

How many coins need to create a masternode and how many coins need for MN/POS?

coins can be active in a MN that mean they dont participate in POS
the collateral to run 1 MN will be 10000 DMD and it require a static IP

VPS able run a masternode or even multiple are very affordable in case u have no staic IP on ur private internet

POS will work on dynamic IP too and even lower amount of coins will successfully find POS blocks from time to time

the reward balance will be in a way that if u compare 10000 DMD run in a MN and 10000 DMD running in POS mode
the MN will only have a slight higher reward if enough masternodes are active
if the amounts of MN is to low they get more rewards as incentive
if to much MN active its better run coins in POS mode
and this balance will be manage dynamic each block based on amount of coins in all MN together compared to total coins

the exact numbers will undergo heavy testing in the testnet phase to be able launch with a fair system that rewards any contributor

no matter if he run POW POS or Masternodes

so you better start working on your 10k Masternode stash bois.

shveicar

legendary

Activity: 1414

Merit: 1013

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

Quote from: Galactus on April 03, 2017, 05:12:18 AM

Capitalization in $1 million was achieved

Yes, and we will go even higher

Galactus

hero member

Activity: 505

Merit: 500

Capitalization in $1 million was achieved

rowenta01

sr. member

Activity: 1216

Merit: 333

thx and done now! Grin

Galactus

hero member

Activity: 505

Merit: 500

Quote from: rowenta01 on April 03, 2017, 04:49:35 AM

have you a slack channel guys?

look on the first page

rowenta01

sr. member

Activity: 1216

Merit: 333

have you a slack channel guys?

cryptonit

legendary

Activity: 3052

Merit: 1053

bit.diamonds | uNiq.diamonds

DMD Diamond the Phoenix of Crypto raise again!

cryptonit

legendary

Activity: 3052

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bit.diamonds | uNiq.diamonds

new all time high in marketcap again!
~900k $ the million is close!

all time cap of single DMD in $ or in BTC is still far away
because DMD did see in his 4 year history $ price of over 2.28$ already and BTC price of over 0.032

cryptonit

legendary

Activity: 3052

Merit: 1053

bit.diamonds | uNiq.diamonds

Quote from: Galactus on April 02, 2017, 05:53:44 PM

cryptonit

How many coins need to create a masternode and how many coins need for MN/POS?

coins can be active in a MN that mean they dont participate in POS
the collateral to run 1 MN will be 10000 DMD and it require a static IP

VPS able run a masternode or even multiple are very affordable in case u have no staic IP on ur private internet

POS will work on dynamic IP too and even lower amount of coins will successfully find POS blocks from time to time

the reward balance will be in a way that if u compare 10000 DMD run in a MN and 10000 DMD running in POS mode
the MN will only have a slight higher reward if enough masternodes are active
if the amounts of MN is to low they get more rewards as incentive
if to much MN active its better run coins in POS mode
and this balance will be manage dynamic each block based on amount of coins in all MN together compared to total coins

the exact numbers will undergo heavy testing in the testnet phase to be able launch with a fair system that rewards any contributor

no matter if he run POW POS or Masternodes

big_coins

full member

Activity: 175

Merit: 100

ive been out of touch with crypto for a month or two, what is this masternode you are discussing ?

What does it do? Whats the pro/cons ? How do I get one if I wanted ?

And wow .0005 was breached on another massive 10btc volume. Whats going on Huh

thanks!

Rumhurius

legendary

Activity: 1672

Merit: 1046

Here we go again

Quote from: Galactus on April 02, 2017, 07:40:30 PM

Rumhurius

As far as I understand the masternodes is a very expensive pleasure
But if you have several tens of thousands of coins, then yes the masternodes for you.
The rest can forget about POS?

Nah
As far as i understand a percentage from POW and POS goes to masternodes.
Like Pivx does.

So its still POW/POS and (lets say 20%) some of the Rewards go to masternodes.

Thats the Point of having Masternodes.
It builds a stronger Network and takes Coins out of Circulation.

I would say that 5-10k to run a mn seems reasonable to me.

Galactus

hero member

Activity: 505

Merit: 500

Rumhurius

As far as I understand the masternodes is a very expensive pleasure
But if you have several tens of thousands of coins, then yes the masternodes for you.
The rest can forget about POS?

Rumhurius

legendary

Activity: 1672

Merit: 1046

Here we go again

Quote from: cryptonit on April 01, 2017, 07:00:31 PM

i want to get one community feedback

how u like masternodes?
optional increased anonymity transactions?

would u like to see that stuff in DMD 3.0 ?

yes.

The Teamup with Eurocoin running the Paymentservice , Bitsend for fast Transfer and Microtransactions and DMD as the Layer of Value and other Investments should come up strong.
I think the right direction for DMD would to become something like NEM XCP or Waves imo.
The overlaying Board for Investments over the Teamup or some.

But yes on Masternodes from me.

Galactus

hero member

Activity: 505

Merit: 500

cryptonit

How many coins need to create a masternode and how many coins need for MN/POS?

cryptonit

legendary

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Merit: 1053

bit.diamonds | uNiq.diamonds

Quote from: HR on April 02, 2017, 05:27:47 PM

Quote from: cryptonit on April 01, 2017, 07:00:31 PM

i want to get one community feedback

how u like masternodes?
optional increased anonymity transactions?

would u like to see that stuff in DMD 3.0 ?

I've heard that SEGWIT enables payment channels like Lightning Network, which safely provide instant confirmation and unlimited tx/day, along with many other new forms of technology, all of which basically makes the concept of Masternodes obsolete.

Is there anything to that?

maybe parts of it will be utilized in following updates
but masternodes are a mighty tool that can be used for other services too beyond the ability it have now
and that will be abilities that lightning sure dont deliver so masternodes if improved will have a place longterm in DMD technology tree

as we speak now not a single coin implemented lightning
wenn its in a proved secure and established state we will evaluate if and what parts we want to include

HR

legendary

Activity: 1176

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Transparency & Integrity

Quote from: cryptonit on April 01, 2017, 07:00:31 PM

i want to get one community feedback

how u like masternodes?
optional increased anonymity transactions?

would u like to see that stuff in DMD 3.0 ?

I've heard that SEGWIT enables payment channels like Lightning Network, which safely provide instant confirmation and unlimited tx/day, along with many other new forms of technology, all of which basically makes the concept of Masternodes obsolete.

Is there anything to that?

Telescopium

sr. member

Activity: 242

Merit: 250

Diamond good coin

Quote from: cryptonit on April 02, 2017, 05:19:23 PM

Quote from: Telescopium on April 02, 2017, 04:58:48 PM

Well guys. I believe that those decisions which you make here will go to DMD benefit. I will wait for the publication of your road map

the plan to release that is at latest as a birthday present
we should then be already in a far advanced maybe already testnet state of development

Unfortunately, I am far from code developments but I know that the price of DMD has to be at least 1 dollar now

cryptonit

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Activity: 3052

Merit: 1053

bit.diamonds | uNiq.diamonds

Quote from: Telescopium on April 02, 2017, 04:58:48 PM

Well guys. I believe that those decisions which you make here will go to DMD benefit. I will wait for the publication of your road map

the plan to release that is at latest as a birthday present
we should then be already in a far advanced maybe already testnet state of development

cryptonit

legendary

Activity: 3052

Merit: 1053

bit.diamonds | uNiq.diamonds

Quote from: hallared on April 02, 2017, 05:04:03 PM

something good will come out of this.

hallared

full member

Activity: 150

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The hen or the egg

Quote from: cryptonit on April 02, 2017, 03:58:19 PM

Quote from: hallared on April 02, 2017, 03:15:16 PM

Thanks for the explanation, however we had a community discussion early in 2016 about possible POSchanges in DMD 3.0. In that discussion you declared, that a wallet staking twice a month would not have any significant change in POSreward in DMD 3.0. Howcome this drastic change?

see where we are now following that path we discussed back then
it did take ages and there is no result and we had to take action

DMD 3.0 im talking now is based on another codebase as the earlier discussed DMD 3.0

and as i explained state of the art POS and % based pos rewards didnt fit together

so this drastic change and finally action instead of waiting!

results on this new path should only take a few months and are very predictable

and if i look at the market he also like our decision to move on

i see classic coin accumulation market movements

gather big amount of coins and still try keep prices low

Ok I see, the decision is already made. Perhaps something good will come out of this.

Topic: [ANN] ¤ DMD Diamond 3.0 | Scarce ¤ Valuable ¤ Secure | PoS 3.0 | Masternodes 65% - page 224. (Read 1260595 times)