Topic: [ANN] ¤ DMD Diamond 3.0 | Scarce ¤ Valuable ¤ Secure | PoS 3.0 | Masternodes 65% - page 3. (Read 1260245 times)

No troubles. I don't do telegram, thanx anyway.
I just remembered....I believe it's against the rules to post giveaways.
Oh well.....

You are not alone ...

I don't use Telegram either and a great Many Projects refuse to use anything else. So I don't bother either.

These same Projects have missed out on MANY things with working with Us and our EcoSystem at CWI. Their choice.

Glad to see you still kicking Mate!

#crysx #cwi

No troubles. I don't do telegram, thanx anyway.
I just remembered....I believe it's against the rules to post giveaways.
Oh well.....

Hello again diamond community.
Synching my wallet after 2  years, just for shits and giggles.
First one to post a diamond addy  will get 5 diamonds sent to it.

it is on block 814 926 . i have 9 connections ,but sync is not changing...

Hi,
I'm minting only orphaned blocks, already rescanned blockchain. What could be wrong?
Thanks

Hi,
I'm minting only orphaned blocks, already rescanned blockchain. What could be wrong?
Thanks

Does the DMD Diamond Blockchain Solve the Issue of Double-Spending?
Double spending is one of the risks seen with Cryptocurrencies, and the DMD diamond coin isn’t an exception. It happens when a blockchain network is attacked, or altered, and users can then reclaim their spent coins.

Most often than not, coins used to double-spend are stolen from wallets with inadequate security. 51% attack is the most commonly cited attack associated with double-spending. Therefore, double spending is dependent on the security and the mechanism of the blockchain involved.

Before double spending can occur, a secret block must be mined that outpaced the creation of the real blockchain. A new chain would then be introduced to the network. Once the network recognizes it as the latest set of blocks and then add it to the chain, the attacker would have access to reclaim any cryptocurrency they had spent and re-use it again.


To the question, “Does the DMD diamond blockchain solves the potential issue of double-spending that could be seen with the DMD diamond coin?

Of course, it does! — by way of its unique mechanism and robust security. DMD diamond blockchain operates on DPoS and HBBFT consensus algorithms.

HBBFT consensus offers a shield from attackers by using a super secure ⅔+1 majority — the industry’s first solution. This fosters DMD diamond blockchain reliability by helping to detect and eliminate malicious nodes, including the possibility of an orphan block or hard fork in the blockchain. Hence providing a higher level of network security. DPoS on the other hand fosters a greater level of decentralization ( a POSDAO node election mechanism).

To enjoy your project’s security and prevent the issue of double-spending, use the DMD diamond blockchain network!

How is the v4 Update coming along?

bridge, [05.03.2022 00:10]
[slack] Hello DMD Community, the development on the v4 upgrade is doing well. For the first time we have done a protocol update. The new client supports both protocols Hbbft-v1 and Hbbft-v2. This upgrade targets a lot of issues, and in the upcoming  week we will see the impact on stability and performance. Thanks to the whole Team and the Node Operators 🚀 💎

Braineeq, [05.03.2022 08:35]
[In reply to bridge]
Interesting...👏.. Day by day, we are moving closer to the full launching of V4.

We can't wait to experience the unique speed and performance of the network.

WAGMI

Digital Demon, [05.03.2022 15:06]
[In reply to Braineeq]
DMD progress is great, but does anyone know how DMD.v4 tps will compare to that of other platforms?

bridge, [05.03.2022 15:26]
[slack] Anyone who has read the https://bit.diamonds/DMD_WP.pdf will be able to see the difference and understand the differences.

Digital Demon, [05.03.2022 19:33]
[In reply to bridge]
Shveicar; I HAVE read the WP.  In fact, I was one of the volunteer proofreaders!  My question was specifically on the subject of TPS (transactions per second).  I understand perfectly well about instant finality (transaction speed), non-forking, low cost transactions and all the rest of it, but I could not recall a figure being quoted in the WP for TPS.  The reason that I asked was because I have come across some articles claiming that other platforms (Hathor, Bitgert) can achieve 100,000 TPS.   I was simply wondering how DMD.V4 would compare with this. On re-reading the WP I see a figure of 400 TPS, which seems inadequate. Have I misunderstood?  Or have I missed something?

bridge, [05.03.2022 19:41]
[slack] I would not trust flow statements from other projects (these may be unsubstantiated statements for the sake of PR). The best way to check is a real network. In the end, DMD is not going to get the title of the network with the highest bandwidth among all, but for most of the projects, the V4 network bandwidth is set with a large margin. And  let me remind you that bitcoin still has about 7 transactions per second, but this does not prevent it from being attractive to investors (with all its other disadvantages) (edited)

Digital Demon, [06.03.2022 01:43]
[In reply to bridge]
Thank you Shveicar, good answer! 👍

Helmut bit.diamonds, [06.03.2022 13:19]
400 tx/sec are more transactions per second then DMD v3 have average transactions per day!
i think most penis size compare tx/s numbers that flow around are not of relevance
DMDv4 will be able process like 20-50 times more then the actual ethereum network and that without raising transaction costs (even complex smart contract interactions on our network will be just a few cents and not crazy $ ammounts)
and we will add some industry first features on top

we never set the claim to be the one chain that can replace all others

we claim just that we will be for some projects the better platform to run on top

projects that take advantage of what make dmd special
and/or projects that see a true decentral no premine no ico long term existing and maintained network and community as a major reason to choose their prefered blockchain platform

Helmut bit.diamonds, [06.03.2022 13:20]
@Digital_Demon  ^

Digital Demon, [06.03.2022 14:46]
[In reply to Helmut bit.diamonds]
I am very happy with that!!  😀