[ANN] ¤ DMD Diamond 3.0 | Scarce ¤ Valuable ¤ Secure | PoS 3.0 | Masternodes 65% - page 255.

shveicar

legendary

Activity: 1414

Merit: 1013

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

Quote from: cryptonit on November 24, 2016, 07:39:49 AM

Quote from: Galactus on November 24, 2016, 07:36:23 AM

The fact that our people do not trust banks
for the last 2 years in the country were closed more than 80 banks due to fraud and corruption

guess the 22% bank interest is based on risc vs reward then Wink

not the understanding EU citizens have about a bank
deposit for high interest and hope the money dont vanish is not our way

guess thats why we only have 3% interest but no one lose money if a bank is in trouble

Your financial system (if you take Germany) is on a different level compared to Russia and Ukraine.
But when the ship starts to sink (the crisis of the invasion of immigrants, or the collapse of the European Union), the banks will also begin to burst and run off with the money of depositors.
And no matter what percentage they offer 3 or 20.
Always there is the same scenario.
This is a proven history Cool

The advantage of crypto currency that your money is in your wallet.
The banker can not disappear with your money.

cryptonit

legendary

Activity: 3052

Merit: 1053

bit.diamonds | uNiq.diamonds

Quote from: Galactus on November 24, 2016, 07:36:23 AM

The fact that our people do not trust banks
for the last 2 years in the country were closed more than 80 banks due to fraud and corruption

guess the 22% bank interest is based on risc vs reward then Wink

not the understanding EU citizens have about a bank
deposit for high interest and hope the money dont vanish is not our way

guess thats why we only have 3% interest but no one lose money if a bank is in trouble

Galactus

hero member

Activity: 505

Merit: 500

Quote from: cryptonit on November 24, 2016, 07:08:12 AM

Quote from: Galactus on November 24, 2016, 07:04:12 AM

Quote from: shveicar

Now POS to have a 25% annual income.
Easy to calculate that every 1000 coins will bring you approximately 5,2 coins per week or ~ 21 DMD per month.
Now this is quite a lot since many POS coins have only 5% of annual income.

and what the price of these coins with 5% per annum?

cryptonit recently wrote that DMD provides greater interest than the banks.
just for reference, in my country the best interest rates in the national currency 22% per annum, 10% in dollars and 9.5% in euros.

great country guess u gona invest ur money at ur bank then or? why u even care about crypto if u have such a great and stable lets guess rubble?

u cant get any € bank interest above 3% here in austria and most other countries in EU
when the money is not bound for years and even then its hard get 5%

yes, great country - Ukraine
national currency is hryvna

The fact that our people do not trust banks
for the last 2 years in the country were closed more than 80 banks due to fraud and corruption

cryptonit

legendary

Activity: 3052

Merit: 1053

bit.diamonds | uNiq.diamonds

DMD Diamond be part of the party! Side by side with ERC Europecoin and BSD Bitsend
Great news from http://www.federatedblockchains.eu.org/ and http://www.internetofcoins.org/

Quote from: szenekonzept on November 23, 2016, 04:08:38 PM

You can take me literally, its 70% feature complete (plus things i wasn't even imagining myself),
You will see a revolution. I wouldn't be that bold, if the credit was belonging to me.
The team is currently working in full time and we are heading towards the promised closed alpha testnet.

Active coin maintainers may join on our Federated Blockchains server.
Together, with Europecoin, Bitsend, DIAMOND Foundation and others, we will test the first existing
blockchain agnostic federation protocol for apps and services, that will give more than ethereum like features to any connected altcoin.
Credit goes to the fabulous "Internet of Coins" team, that has worked on this innovation since two years.

have fun
Matthias

cryptonit

legendary

Activity: 3052

Merit: 1053

bit.diamonds | uNiq.diamonds

Quote from: sirazimuth on November 23, 2016, 05:14:31 PM

well just fired up my wallet (v2.1.04) to get my monthly stake.
in 3 days i get 3 orphan stakes (10 dmd total) and one confirmed stake worth 3.97dmd
is that normal?

DMD POS explained:
https://bit.diamonds/community/index.php/topic,127.0.html

3 out of 4 POS attempts a orphan is not normal
check if u wallet is on correct chain and blocknumbert is the same as here
https://chainz.cryptoid.info/dmd/#

in case u on wrong blocknumber check the FAQ regarding start with a new presynced blockchain

https://bitcointalksearch.org/topic/diamond-dmd-faq-1478653

if u are then u maybe just had a very uncommon unlucky streak
but the good part is a orphan POS try is no loss for u the coins keep their coin age and try again

cryptonit

legendary

Activity: 3052

Merit: 1053

bit.diamonds | uNiq.diamonds

Quote from: Galactus on November 24, 2016, 07:04:12 AM

Quote from: shveicar

Now POS to have a 25% annual income.
Easy to calculate that every 1000 coins will bring you approximately 5,2 coins per week or ~ 21 DMD per month.
Now this is quite a lot since many POS coins have only 5% of annual income.

and what the price of these coins with 5% per annum?

cryptonit recently wrote that DMD provides greater interest than the banks.
just for reference, in my country the best interest rates in the national currency 22% per annum, 10% in dollars and 9.5% in euros.

great country guess u gona invest ur money at ur bank then or? why u even care about crypto if u have such a great and stable lets guess rubble?

u cant get any € bank interest above 3% here in austria and most other countries in EU
when the money is not bound for years and even then its hard get 5%

Galactus

hero member

Activity: 505

Merit: 500

Quote from: shveicar

Now POS to have a 25% annual income.
Easy to calculate that every 1000 coins will bring you approximately 5,2 coins per week or ~ 21 DMD per month.
Now this is quite a lot since many POS coins have only 5% of annual income.

and what the price of these coins with 5% per annum?

cryptonit recently wrote that DMD provides greater interest than the banks.
just for reference, in my country the best interest rates in the national currency 22% per annum, 10% in dollars and 9.5% in euros.

shveicar

legendary

Activity: 1414

Merit: 1013

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

Quote from: BusyBeee on November 24, 2016, 03:36:34 AM

Quote from: M1ST3R on November 24, 2016, 03:31:44 AM

Quote from: BusyBeee on November 24, 2016, 03:27:39 AM

Quote from: Galactus on November 22, 2016, 04:56:51 AM

and only 129 wallets online.

Hey I only turn on my wallet to POS once a month

POS twice a month myself

How often should one POS to maximize earnings - monthly, 2/month, weekly, etc....? Anyone knows???

Now POS to have a 25% annual income.
Easy to calculate that every 1000 coins will bring you approximately 5,2 coins per week or ~ 21 DMD per month.
Now this is quite a lot since many POS coins have only 5% of annual income.

BusyBeee

member

Activity: 86

Merit: 10

Quote from: M1ST3R on November 24, 2016, 03:31:44 AM

Quote from: BusyBeee on November 24, 2016, 03:27:39 AM

Quote from: Galactus on November 22, 2016, 04:56:51 AM

and only 129 wallets online.

Hey I only turn on my wallet to POS once a month

POS twice a month myself

How often should one POS to maximize earnings - monthly, 2/month, weekly, etc....? Anyone knows???

M1ST3R

member

Activity: 89

Merit: 10

Quote from: BusyBeee on November 24, 2016, 03:27:39 AM

Quote from: Galactus on November 22, 2016, 04:56:51 AM

and only 129 wallets online.

Hey I only turn on my wallet to POS once a month

POS twice a month myself

BusyBeee

member

Activity: 86

Merit: 10

Quote from: Galactus on November 22, 2016, 04:56:51 AM

and only 129 wallets online.

Hey I only turn on my wallet to POS once a month

dbstmddhks

sr. member

Activity: 523

Merit: 250

It is still going on.

Impressive

Shocked

From wan

sirazimuth

legendary

Activity: 3388

Merit: 3514

born once atheist

well just fired up my wallet (v2.1.04) to get my monthly stake.
in 3 days i get 3 orphan stakes (10 dmd total) and one confirmed stake worth 3.97dmd
is that normal?

cryptonit

legendary

Activity: 3052

Merit: 1053

bit.diamonds | uNiq.diamonds

Quote from: Karartma1 on November 22, 2016, 01:33:13 PM

Ok thanks for taking some time to reply to my questions. I think these days are special especially because Bitcoin is outnumbering all altcoins. We all perfectly know that when BTC moves it moves big.
Altcoins find good soil when BTC is stagnant. The same goes, I believe, for DMD

was that way in the past will be that way in the future
as long as there is a dedicated team a coin stay in game
and be part of the blockchain powered future

Karartma1

legendary

Activity: 2310

Merit: 1422

Ok thanks for taking some time to reply to my questions. I think these days are special especially because Bitcoin is outnumbering all altcoins. We all perfectly know that when BTC moves it moves big.
Altcoins find good soil when BTC is stagnant. The same goes, I believe, for DMD

cryptonit

legendary

Activity: 3052

Merit: 1053

bit.diamonds | uNiq.diamonds

Quote from: Galactus on November 22, 2016, 08:18:46 AM

cryptonit

mining DMD on CPU will be beneficial?
for example on processor Pentium G2030?
I think mining on the GPU always better than on CPU

at DMD 3.0 CPU and GPU mining will be possible and without interacting with each other
that means GPU miners will never decrease rewards for CPU miners
and CPU miners will never decrease rewards for GPU miners

but still POW mining even if much more advanced in DMD 3.0 is a tiny part of coin rollout
just part of the technology to add hybrid security

so we have no interest become a mainstream POW coin
just fair reward a few POW cpu and a few gpu miners who add hybrid security to our primary POS centric blockchain

Galactus

hero member

Activity: 505

Merit: 500

cryptonit

mining DMD on CPU will be beneficial?
for example on processor Pentium G2030?
I think mining on the GPU always better than on CPU

cryptonit

legendary

Activity: 3052

Merit: 1053

bit.diamonds | uNiq.diamonds

Quote from: Galactus on November 22, 2016, 07:33:00 AM

Quote from: cryptonit on November 22, 2016, 06:52:44 AM

Quote from: shveicar on November 22, 2016, 04:05:21 AM

Quote from: Galactus on November 22, 2016, 03:43:14 AM

sell DMD for 22 cents...!? Huh

Chinese FPGA miners basically indifferent to what coin cost, the main thing that it pays for spent electric energy.

another problem that will be gone with DMD 3.0
while groestl is FPG and asic friendly that will be different with the algoes we use in DMD 3.0
it will be two different algos one for CPU mining one for GPU mining

what does this division algos give us?
FPGA in this case will not work or something else?

more details when we release whitepaper
for now we can just state it will be not groestl algo for mining in DMD 3.0
and that way the existing groestl algo FPGA/acsic cant be used to minde DMD any longer

as we all know x11 mining asics existing and pre asics it was mined with fpga farms

and x11 include groestl as one of its sub algos

chances are high that part of actual DMD Diamond mining is done with modified x11 FPGA gear which cant compete with x11 asics

POW part of coin rollout is low this days like ~172 DMD a day

but a part of this is expected to constant flood market because generated by chinese FPGA farms

i see this very positive and enable people gather cheap DMD

but like many other positive aspects of DMD 3.0 this constant sellpressure will also be a thing of the past once DMD 3.0 go active

cryptonit

legendary

Activity: 3052

Merit: 1053

bit.diamonds | uNiq.diamonds

Quote from: Galactus on November 22, 2016, 07:30:44 AM

Quote from: cryptonit on November 22, 2016, 06:02:07 AM

Quote from: Galactus on November 22, 2016, 04:56:51 AM

and only 129 wallets online.

first of all "only" 129 is relative
for a altcoin with our marketcap that a incredible high number of active wallets
and once people fix their outdated wallets we will be again in an area 150-200 active wallets

I'm just worried about a possible attack on our network

its good if people have a look at the stats
and u where right that there is like 30~ wallets mostly non updated ones
missing in a wrong chain

but thats what we where telling them since months that the update to 2.1.0.4 is mandatory
without update high risc lose connection to main chain

Galactus

hero member

Activity: 505

Merit: 500

Quote from: cryptonit on November 22, 2016, 06:52:44 AM

Quote from: shveicar on November 22, 2016, 04:05:21 AM

Quote from: Galactus on November 22, 2016, 03:43:14 AM

sell DMD for 22 cents...!? Huh

Chinese FPGA miners basically indifferent to what coin cost, the main thing that it pays for spent electric energy.

another problem that will be gone with DMD 3.0
while groestl is FPG and asic friendly that will be different with the algoes we use in DMD 3.0
it will be two different algos one for CPU mining one for GPU mining

what does this division algos give us?
FPGA in this case will not work or something else?

Topic: [ANN] ¤ DMD Diamond 3.0 | Scarce ¤ Valuable ¤ Secure | PoS 3.0 | Masternodes 65% - page 255. (Read 1260706 times)