Topic: [ANN] ¤ DMD Diamond 3.0 | Scarce ¤ Valuable ¤ Secure | PoS 3.0 | Masternodes 65% - page 4. (Read 1260636 times)

telegram discussion channel:
https://t.me/DMDcoin

lot interesting talks there example today
DMDv4 is running as open alpha testnet for the moment:

How is the v4 Update coming along?

in case someone need i uploaded a new preysync chain
on two places

on https://mega.nz/file/5pJzyQQS#tXKLNcsSNYztsccipHKEmvZyZmtSjZOqwi82ToFYB88

and on https://github.com/DMDcoin/Diamond/releases/download/3.0.1.3/presync_chainstate_block_dmdv3_20220228.zip

What are community-driven projects? 📲

 
A community-driven project is a project that has no specified owner or any company structure behind it with a CEO who decides on its future. Instead, it is the community, for example, miners, validators, or liquidity providers that own the authority in the project, determine its course of development, control resources, and make decisions.
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Such projects are highly decentralized blockchains and decentralized autonomous organizations (DAOs). DAOs allow the token holders of a project to have voting power, which is normally directly correlated with the number of tokens held by a DAO member.
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DMD can boast of a truly dedicated community that has helped it survive and improve for many years. Proposals of any type are welcome, be it code changes, requests for funding, or any other types of proposals.
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The proposals submitted are discussed ongoingly and any community member can participate in the discussion. Then, the validator candidates will take a vote on the open proposals and funds will be allocated from the DAO treasury accordingly. This is done on a monthly cycle, which conveniently gives two weeks to think over the proposal and give feedback on it and two weeks to vote.

original: https://t.me/dmd_coin/133
more details can be found in whitepaper:
https://bit.diamonds/DMD_WP.pdf
telegram news channel:
https://t.me/dmd_coin
telegram discussion channel:
https://t.me/DMDcoin
newsletter sign up:
https://diamonds.us9.list-manage.com/subscribe?u=8f15ebfd0c305329a18cfe990&id=aaa4bb073e

Why should you choose DMD for your application? 👍

 

Choosing a blockchain for a decentralized application is not the easiest task. There are many solutions on the market that are in some ways better and in some ways worse than competitors.
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What can DMD offer?
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1️⃣ First of all, you get a young project that has two consensus algorithms. It is an advantage when it comes to security. The attacker simply doesn’t have a chance HBBFT uses super secure ⅔+1 majority and POSDAO adds a dPOS like decentralized node election module.
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2️⃣ The second algorithm will be responsible for user rewards and node election.
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DMD will also provide high-quality technical support to anyone who decides to use our blockchain for their application.
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And of course, it’s potential. Choosing DMD v4 as a base for an EVM-based project gives you any advantages you can dream of. The bridges and interoperability support DMD will add make it a future-proof base to build on top. Your solution will be faster, cheaper and more reliable thanks to DMD.

DMD blockchain for dApp 💥

 
Blockchain is the basis of a decentralized application. So, all the users' data who use the application is stored inside the blockchain.
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What are the main blockchain requirements for dApps today?
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— Reliability;
— Operation speed;
— Cheapness;
— Availability of smart contracts
— Run on the top of a true decentral blockchain platform
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And the DMD blockchain falls under all these requirements.
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The reliability of the blockchain is provided by a dual consensus algorithm, and to be more precise, HBBFT is responsible for security, speed, dynamic blocktimes and instant finality (an industry-wide unique feature set).
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The guarantee of decentralization and fair node election process is the job of the supporting  dPoS like element. This way we have the speed and features from HBBFT and still the decentralization and big candidate pool of a true decentral leaderless blockchain system.
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Because the DMD Diamond v4 implementation of this technology has a much bigger blockgaslimit (1000 mgas instead of 12.5 mgas) and much higher blockspeed (dynamic as fast as nearly 1 block per second if needed) and resulting can compute more transaction per second, it is cheaper to do transactions. The faster transactions are, the cheaper they are, and smart contracts are an integral DMD tool.


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DMD and its contribution to the blockchain 🚀

 

The DMD Diamond coin was created in 2013 based on forks of Bitcoin and launched as a limited-supply proof-of-work (PoW) and proof-of-stake (PoS) coin, which already represented an advantage over the competition. Since then, DMD has proven multiple times its ability to upgrade, which is well illustrated by DMDv4.
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DMDv4 is based on an Open Ethereum node client software with Ethereum VM abilities customized by the DMD team. DMDv4 is the first blockchain to combine a cooperative consensus protocol (HBBFT Honeybadger) with a delegated PoS-powered validator election (POSDAO).
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Validation rotates among the validation candidates, with 25 being picked randomly every 12 hours (epoch). During one epoch, the validator nodes use the HBBFT consensus protocol to validate transactions, and epoch rewards are distributed equally among the nodes. This allows for high speed and performance, absolute censorship resistance and fork resistance, and instant finality of transactions.
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Our aim is to provide every participant with freedom to host projects on the platforms that best apply to their needs, so interoperability and full compatibility with other blockchains is another important feature of DMDv4.

more details can be found in whitepaper:
https://bit.diamonds/DMD_WP.pdf
telegram news channel:
https://t.me/dmd_coin
telegram discussion channel:
https://t.me/DMDcoin
newsletter sign up:
https://diamonds.us9.list-manage.com/subscribe?u=8f15ebfd0c305329a18cfe990&id=aaa4bb073e

DMD Diamond's Updates for December 🔝

Right, another month of active development has come to an end. In this post, we will tell you about all the most important things.
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🔹 At the moment, development is going smoothly. The last week was devoted to the development of a contract for the transition to v4.
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🔹 The test network works on and we are happy to share the news that all fixes work as expected.
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🔹 In addition, in the first week of December, the team gained valuable experience in testing. We’ve solved the problem of chain hanging up.
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At the moment, we can say that DMD is getting closer to a successful open-beta launch which will include all release features and play through all release procedures like v3 snapshot and claiming coins on a new chain. Plan for beta is 3 months to final test and then we will be prepared for real mainnet launch.
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We thank all the testers for their feedback, reports and help.

join us on telegram:
https://t.me/DMDcoin

📢 Learn more: https://bit.diamonds/

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Smart contracts as the basis of dApps 📄

Smart contracts are a technology that has made the creation of decentralized applications possible. Their advantage is that they can be intermediaries in the execution of transactions, being absolutely honest.
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How does it work?
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Smart contracts are a kind of electronic intermediary. So, there is a transaction between party A and B. Party A undertakes to transfer funds as soon as it receives something from Party B. Party B undertakes to transfer something as soon as it receives funds.
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What to do in a situation with zero trust? Create a contract that will transfer funds as soon as it sees that party B has transferred something.
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This is exactly what a smart contract does. Its fulfillment occurs if and only if both parties have fulfilled all the terms of the transaction.
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DMD uses smart contracts to ensure maximum honesty and transparency.
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📢 Learn more: https://bit.diamonds

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What are Decentralized Applications? 📱
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Decentralized applications are one of the “killer features” that the blockchain platform offers.
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These applications work 24/7, don’t have the disadvantages of the usual client-server architecture, and are also much more secure.
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dApp (short for Decentralized Application) is an application that:
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— Uses the blockchain as its technical basis;
— Are decentralized;
— All internal interaction takes place thanks to the blockchain.
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So, you can deploy your dApps in a variety of popular blockchains and of course innovative solutions like DMD.
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Using DMD for your blockchain application, you get double protection, high speed and much more.
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📢 Learn more: https://bit.diamonds/

more details can be found in whitepaper:
https://bit.diamonds/DMD_WP.pdf
telegram news channel:
https://t.me/dmd_coin
telegram discussion channel:
https://t.me/DMDcoin
newsletter sign up:
https://diamonds.us9.list-manage.com/subscribe?u=8f15ebfd0c305329a18cfe990&id=aaa4bb073e

What is the best place to store DMD? 📦
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The issue of storing cryptocurrency is always particularly acute. After all, a loss of a private key is equal to a loss of all funds. So what is the best way to store DMD?
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First of all, consider the possibilities. Where can you store coins?
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— On a stock exchange
— On a Diamond Wallet
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The first option is perfect for traders but you shouldn’t hold all coins on the exchange just the part that you want to use actively for trading and as liquidity in the order books.
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The second option is suitable for everyone who does not plan to actively trade the coin but will use it for business, profit-making, and so on.
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The DMD v4 network can be added as a custom network to wallets like Metamask which are available on each device. The wallets that support WalletConnect and allow adding custom Ethereum type networks can be used to interact with the DMD v4 network.
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Additionally, in DMD v4 there are many multicurrency wallets for browsers and mobile wallet apps that support Ethereum-combatible blockchains. They will also support DMD Diamond and be a valid place to store DMD. It’s important to decide if a place you have chosen is safe or not. This depends on whether you alone have access to the private keys/seed phrase.

original: https://t.me/dmd_coin/122
more details can be found in whitepaper:
https://bit.diamonds/DMD_WP.pdf
telegram news channel:
https://t.me/dmd_coin
newsletter sign up:
https://diamonds.us9.list-manage.com/subscribe?u=8f15ebfd0c305329a18cfe990&id=aaa4bb073e

Why DMD is better than new blockchain projects 🔝



With new blockchain projects constantly springing up all around the industry, enthusiasts should be careful when putting too much trust into them. All too often, their original creators may become weary of the project and abandon it. The same thing happened to DMD several months after its creation in 2013.
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However, the community was already captivated by the DMD Diamond coin with its implicit scarcity and the fairness of the limited coin issue. So they quickly came together to decide on a community takeover to lead our rare coin to fulfil its true potential. Since then, our devotion to constant evolution has been our main strength and value.
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DMD Diamond is one of the few non-government non-corporate true decentralized community-controlled projects with zero premine and no coin sale.
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Over the years, we have responded to the constantly changing and evolving technology and market conditions by introducing changes to the architecture of DMD Diamond that go as far as the fourth version of our blockchain (DMD v4) that includes real decentralization, on-chain governance, fast transaction times, low fees, low carbon footprint, security, interoperability, and smart contracts deployment.

original: https://t.me/dmd_coin/117
more details can be found in whitepaper:
https://bit.diamonds/DMD_WP.pdf
telegram news channel:
https://t.me/dmd_coin
newsletter sign up:
https://diamonds.us9.list-manage.com/subscribe?u=8f15ebfd0c305329a18cfe990&id=aaa4bb073e

we are in open alpha
http://explorer.uniq.diamonds/
everyone who is interested can join our testnet

https://github.com/DMDcoin/dmdv4-testnet

join our telegram to be in direct contact with us

https://t.me/DMDcoin

or request slack invite via email towards [email protected]

we help u get ur testnet node up and running

or if u just want to test delegated staking we help u set up metamask proper

and we send ya testnet coins tDMD

is V4 DMD live yet ?

a new presync blockchain uploaded
on mega
https://mega.nz/file/o0IlAAjA#CRPoDgm5zsu9JcpVE56ckWwC75nXsddgGVdbRjREP-g
and on github:
https://github.com/DMDcoin/Diamond/releases/download/3.0.1.3/presync_chainstate_block_dmdv3_20211119.zip

Diamond DMD has one of the best evolving technology stacks for sure.

I just noticed Coinmarketcap tracks 14200 cryptos and Diamond DMD is ranked 1058 with an increasing number of watchlists tracking it. Meaning it's in the top 7.5% by market cap. Not bad but given the community, devs, tech, heritage, brand I could see it going higher. Top 300 would mean x20 from here. Depending on what the war chest is used for neither the sky nor the moon is a limit for DMD.

Place of DMD in the Modern Crypto Market  🛒



The DMD Diamond platform as a non-government and non-corporate controlled independent blockchain and digital currency was created in 2013 without a premine or ICO. All coins are generated by the Network participants who secure the blockchain; this is a similar coin rollout mechanic as you can see in bitcoin. The project has been rapidly evolving ever since and is on its way to taking a leading position in the market unlike many other cryptocurrencies that have gone out of use or been abandoned by their communities.
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DMD has undergone several significant architectural changes to meet the new requirements of the market and empower its clients to achieve financial freedom by keeping costs low and opportunities vast.
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The project has proved its strength over the years due to its cutting-edge technologies, which ensure borderless low-cost transfer of value. The use of PoS (proof of stake) makes the DMD currency eco-friendly while scarcity of supply makes it a better store of value than the cryptocurrencies with unlimited supply.
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DMD Diamond has now issued the fourth version of its coin based on the industry's first cooperative consensus engine; additionally it will welcome new opportunities for its holders, namely the possibility to deploy next-generation businesses with smart contracts that allow interoperability and cross-chain transfer of value and messages.

original: https://t.me/dmd_coin/113
more details can be found in whitepaper:
https://bit.diamonds/DMD_WP.pdf
telegram news channel:
https://t.me/dmd_coin
newsletter sign up:
https://diamonds.us9.list-manage.com/subscribe?u=8f15ebfd0c305329a18cfe990&id=aaa4bb073e

What is the DMD “4 coin pot” system? 🎛
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The distribution of tokens in pools is one of the most important parts of tokenomics. In this case, DMD uses a non-standard term, which is called the “4 coin pot” system.
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What is it and what does each pot look like?
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Claiming Pot
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This is one of those “pots” intended for the DMDv3 coin holders. When switching to DMDv4, users are offered to claim new DMD coins on the v4 network in a ratio of 1 to 1 to their v3 snapshot balance, without giving them up which is typical.
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Delta pot
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There will be 4.38 million v4 coins in total taking into account the DMDv3 coins that are not in issue. The detected difference between the two numbers will be sent to the delta “pot” (“delta” means “difference” in mathematics). These coins will be gradually issued as rewards of the epoch.
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Reinsert Pot
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One of the most interesting features of DMDv4 is the mechanism for reinserting coins back into circulation. If the DMDv3 owners do not claim their DMDv4s within a certain period,  the part of the DMDv4 to which they are entitled is restored by the system. Additional abandoned coins in staking contracts (after 10 years)  and transaction fees will fund the reinsert “pot” and create a forever working resource to fund epoch rewards.
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Governance Pot
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A  part of not claimed coins fill the base of the governance “pot” and a 10% share of the epoch rewards also constantly refill the DAO “pot”. With the help of DAO functions, DMDv4 coin holders will be able to vote regarding making changes to the project, marketing, grants for decentralized applications and so on, and fund them.

original: https://t.me/dmd_coin/106
more details can be found in whitepaper:
https://bit.diamonds/DMD_WP.pdf
telegram news channel:
https://t.me/dmd_coin
newsletter sign up:
https://diamonds.us9.list-manage.com/subscribe?u=8f15ebfd0c305329a18cfe990&id=aaa4bb073e

Most likely, your system has received some damage.
Maybe it's worth checking the launch of a new wallet from an external flash drive, completely removing traces of the old wallet.
But you can always use the method of transferring your coins through the export and import of the private key.
In addition, you can always run a virtual machine with Win7 or Win 10 with DMD wallet on a server or on any computer with 8 GB of operational memory and an SSD disk.

The problem is the application won't start up to show any error message. I have recovered from restarts before by the linked methods. But not even full uninstall and reinstall works this time. There is a work around to use another system and transfer the backup wallet file. I was thinking along the lines of a raspberry pi but the links on bit.diamond for that takes me to a slack channel or 404. I can install on another windows. Or could you suggest another system?

Is blockchain speed important in 2021? 💻
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In 2021, the speed of blockchains, it would seem, is no longer as important as 5-6 years ago. Is this really the case?
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Contrary to popular belief, the speed/capacity of a blockchain is still one of its most important characteristics. It directly depends on how much users pay for transactions.
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This was perfectly demonstrated by Ethereum in 2020. The network was not designed for high loads as a result of which mining pools seized power over commissions, bringing them to an absurd level of $200.
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At the same time, such blockchains as DMD do not have such a problem and will never face it.
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Why?
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The DMD has a high block speed, and thanks to HBBFT, blocks can be formed almost instantly. Therefore, when the network enjoys incredible popularity around the world, it will still not be possible to make the commissions at least somewhat formidable.
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The speed of the blockchain is still one of its most important indicators. If you choose a platform with which you’ll pay or conduct business, DMD is the best option!
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But DMD Diamond v4 not only has incredible speed and instant final blocks, but its blocks also have a possible capacity that is way above anything known from Ethereum. Ethereum blockgaslimit is around 12.5 million gas these days but DMD v4 can create blocks with up to 1000 million gas used inside one block!

original: https://t.me/dmd_coin/102
more details can be found in whitepaper:
https://bit.diamonds/DMD_WP.pdf
telegram news channel:
https://t.me/dmd_coin
newsletter sign up:
https://diamonds.us9.list-manage.com/subscribe?u=8f15ebfd0c305329a18cfe990&id=aaa4bb073e

answer 18 from this community created faq should solve ur issue
https://diamond-info.github.io/

with dmd v4 such issues will be history
but for v3 we dont code fixes as its wasted dev time if a workaround exist

My Win 10 computer restarted and now I can't start DMD. I've tried reinstalling and the wallet said something like "we don't agree with our peers" or something like that the first time. Later times the wallet would not say anything just shut down. Can I fix this on Win 10? How? Or should I just move to a better staking system? What hardware and OS would be good?