[ANN] ¤ DMD Diamond 3.0 | Scarce ¤ Valuable ¤ Secure | PoS 3.0 | Masternodes 65% - page 461.

utahjohn

hero member

Activity: 630

Merit: 500

Quote from: BogdanCo on August 13, 2015, 01:39:52 AM

Quote from: utahjohn on August 13, 2015, 01:24:18 AM

Well I look at the dumping positively, good buys for me

I still hold ALL DMD and staking

Just wish I could mine more BTC daily for opportunistic buys ... Still mining with one 280x for DMD (26MHs), the diff is down a bit with sell price down:)
Mining for BTC with 7950 on nicehash (neoscrypt) ...

China may have been a bad move, dumping started around same time China website went active ... ASIC?

What do you mean with the ASIC?

With the introduction of the GPU assembly code on Pallas thread (which I helped develop and test) It may be much simpler to develop an ASIC mining chip since the assembly code requires little to NO ram an ASIC chip is now possible.

Looks like I have to update my sig ... donkeypool dead unless somebody wants to donate to pool op (davembg) to bring it back online...
He was operating it at a loss ...

BogdanCo

hero member

Activity: 729

Merit: 513

Quote from: utahjohn on August 13, 2015, 01:24:18 AM

Well I look at the dumping positively, good buys for me

I still hold ALL DMD and staking

Just wish I could mine more BTC daily for opportunistic buys ... Still mining with one 280x for DMD (26MHs), the diff is down a bit with sell price down:)
Mining for BTC with 7950 on nicehash (neoscrypt) ...

China may have been a bad move, dumping started around same time China website went active ... ASIC?

What do you mean with the ASIC?

BogdanCo

hero member

Activity: 729

Merit: 513

Quote from: Vagnavs on August 12, 2015, 10:24:04 PM

Quote from: BogdanCo on August 12, 2015, 03:55:49 PM

Quote from: Galactus on August 12, 2015, 03:03:06 PM

someone stopped believing in DMD and sells all that he has?
price on cryptsy 0.0012

I want positive news

No, they just want to dump it, but I don't understand why...

This is the wallet that just sold 1264 DMD on Cryptsy:
https://chainz.cryptoid.info/dmd/address.dws?126325.htm

He/she had 10000 DMD before.

In my eyes 50% POS is quite a lot until april next year when it will be reduced... so why not staking the coins? At the same price /DMD next year you still gain ~40% more value in DMD.

How can you find changes in wallet sizes? I see they had 10,000 coins some time ago.
But you make a good point, there is 50% till April.
Regards,
Brian

I saw he transferred 1264 DMD to Cryptsy wallet yesterday. If you follow the recent transaction you will see ~2500 DMD were missing. I think 1264 went to Cryptsy and the rest went to a "change" wallet. I mean it's still his wallet but with a different address. So I think now he has ~9000 DMD left.

Bogdan

utahjohn

hero member

Activity: 630

Merit: 500

Well I look at the dumping positively, good buys for me

I still hold ALL DMD and staking

Just wish I could mine more BTC daily for opportunistic buys ... Still mining with one 280x for DMD (26MHs), the diff is down a bit with sell price down:)
Mining for BTC with 7950 on nicehash (neoscrypt) ...

China may have been a bad move, dumping started around same time China website went active ... ASIC?

Vagnavs

legendary

Activity: 1121

Merit: 1003

Quote from: hiddensphinx on August 12, 2015, 11:36:17 PM

Quote from: Galactus on August 12, 2015, 03:03:06 PM

someone stopped believing in DMD and sells all that he has?
price on cryptsy 0.0012

I want positive news

sad think there is no buy support so large dump will take the price low very quickly

I imagine smart buyers will step up if it drops much lower. But time will tell, I have enough coins for right now

hiddensphinx

legendary

Activity: 1457

Merit: 1001

Quote from: Galactus on August 12, 2015, 03:03:06 PM

someone stopped believing in DMD and sells all that he has?
price on cryptsy 0.0012

I want positive news

sad think there is no buy support so large dump will take the price low very quickly

Vagnavs

legendary

Activity: 1121

Merit: 1003

Quote from: BogdanCo on August 12, 2015, 03:55:49 PM

Quote from: Galactus on August 12, 2015, 03:03:06 PM

someone stopped believing in DMD and sells all that he has?
price on cryptsy 0.0012

I want positive news

No, they just want to dump it, but I don't understand why...

This is the wallet that just sold 1264 DMD on Cryptsy:
https://chainz.cryptoid.info/dmd/address.dws?126325.htm

He/she had 10000 DMD before.

In my eyes 50% POS is quite a lot until april next year when it will be reduced... so why not staking the coins? At the same price /DMD next year you still gain ~40% more value in DMD.

How can you find changes in wallet sizes? I see they had 10,000 coins some time ago.
But you make a good point, there is 50% till April.
Regards,
Brian

BogdanCo

hero member

Activity: 729

Merit: 513

Quote from: Galactus on August 12, 2015, 03:03:06 PM

someone stopped believing in DMD and sells all that he has?
price on cryptsy 0.0012

I want positive news

No, they just want to dump it, but I don't understand why...

This is the wallet that just sold 1264 DMD on Cryptsy:
https://chainz.cryptoid.info/dmd/address.dws?126325.htm

He/she had 10000 DMD before.

In my eyes 50% POS is quite a lot until april next year when it will be reduced... so why not staking the coins? At the same price /DMD next year you still gain ~40% more value in DMD.

Galactus

hero member

Activity: 505

Merit: 500

someone stopped believing in DMD and sells all that he has?
price on cryptsy 0.0012

I want positive news

popshot

hero member

Activity: 774

Merit: 554

CEO Diamond Foundation

Quote from: kiklo on August 12, 2015, 01:33:00 AM

... Diamond is still more PoW than PoS, due to the number of blocks created being mostly PoW blocks. ...

It's even I would say, a pretty healthy balance. See last 1000 blocks.
PoS in general is designed to be a dominant protocol due to its cost efficiency.

kiklo

legendary

Activity: 1092

Merit: 1000

Quote from: markm on August 10, 2015, 09:52:57 AM

What is different about Diamond's PoS system then that makes it not have the usual problems so many other PoS coins have?

Is it a matter of which original type of PoS a given family of coins was cloned from?

For example the setting your clock forward less than two hours but maybe close to two hours, that one is apparently quite widespread?

You do not come across as knowledgeable about these problems so it is not clear that you have enough knowledge of them to actually even have seriously examined your code to be sure they do not apply to it?

For example the recent coin Axiom apparently has the problems, they are claiming to be looking into fixing them.

It is not clear whether the recent coin NINJA has them or not.

So far I have not come across any coherent explanation of which ancestries of coins have them or if maybe all of them do.

The problems are ancestral, dating back I don't know how far, inherited by many coins as they keep cloning each other.

-MarkM-

Currently unknown if it would be an issue for diamond or not.
~~Diamond is still more PoW than PoS, due to the number of blocks created being mostly PoW blocks.~~
Diamond is a Hybrid using PoW & PoS to generate coins. (Edit For Popshot) Wink

Easy test , would be to set the time on the PC with the reactor on it 1 hour fast and then observe the PoS difficulty when it staked , does the difficulty drop by ½ , and does it give the reactor increased # of stakes.
Peercoin has denied it being an issue and they are hybrid like diamond, but they have also not presented any test data to back up that claim.
But Diamond PoS difficulty is already low compared to others at 0.0359 , but the PoW difficulty is over 50.

PoS coins affected so far has been Hyperstake, Mint, & Zeit and all 3 have already fixed the timedrift issue.
If diamond code is affected, they only need to change in the Main.h file
static const int64 nMaxClockDrift = 2 * 60 * 60; // two hours
To a shorter amount of time.
Hyperstake & Zeit went down to 1 minute
Mint went down to 30 seconds

Here is the original article by Presstab detailing the issue.
http://bitcoinist.net/interview-presstab-pos-vulnerabilities/

Cool

FYI:
So far no one has shown a Hybrid PoW /PoS coin being affected, only full PoS coins have shown the issue so far.

cryptonit

legendary

Activity: 3052

Merit: 1053

bit.diamonds | uNiq.diamonds

back in holyday mode

'i ll be back'

cryptonit

legendary

Activity: 3052

Merit: 1053

bit.diamonds | uNiq.diamonds

Quote from: markm on August 10, 2015, 07:26:30 AM

Does diamond have any kind of fixes against the stake cheating that seems to be in most Proof of Stake coins?

Apparently there are a number of the problems but the only one people have described publicly is the one where you set your clock ahead.

What are the fixes and which ones does Diamond have in place?

-MarkM-

the way dmd pos is set up a wrong clocktime cant get u any advantage
rewards always base on coin-age and min coin age to earn reward is 9 days

yes some low min coin age time coin with like 2 hours min coin age could have problems

we aware of lot vulnerabilities of low min coin-age coins

dmd diamond is designed with rocksolid time specs dont worry

Vagnavs

legendary

Activity: 1121

Merit: 1003

Quote from: popshot on August 10, 2015, 04:28:14 PM

We are close, we are so close ...

BTC's price has been falling recently which suppressed DMD's price and our efforts but fear not community it will not break our spirit Wink

We now have 1.59475474BTC (x2) in pure BTC contributions.

While DMD Donations accepted @ dTNFyc3yBsGqeoQbkDbWePqvSQxspUbk2e (managed by Vagnavs)

at today's valuation are 0.84496118746(x2)

with total of ... 2.43971592746BTC (x2)

Our target is 2.7 so we are just 0.26028407254 short!

We should be ready with the promo shortly and certainly with everything unfolding by the end of the month.

Thank you contributors, last time it took us long months to reach our goal but this time round it's going so much faster.

I think everyone understands the importance of continuous media presence and its positive effect on everyone's holdings.

Contribute to the PR initiative!

1N3TNyPUGUtvk6KD3Gy6WdS8e9P6PmYzPg

^^^^^^^ CONTRIBUTE^^^^^^^

Yes, please donate what you can. We all stand to benefit from this PR campaign.. BTW I am just helping out, not a foundation member.

popshot

hero member

Activity: 774

Merit: 554

CEO Diamond Foundation

Quote from: ?? on ??

Quote from: pokeytex on August 09, 2015, 05:27:55 PM

Quote from: popshot on August 09, 2015, 02:35:28 PM

Quote from: Magiklair on August 09, 2015, 12:35:42 AM

Quote from: crazyivan on August 08, 2015, 03:42:39 PM

Quote from: pokeytex on August 08, 2015, 03:31:18 PM

LOL - People dumped down to 50k on Bittrex. Unreal - they could have pm'd me - I would pay 60K for your stash!

Obviously someone trying to play with the market. I like these guys cause I like playing with them. If you know how to trade, it s so easy to identify their buy and sell offers and make them lose money. HATE SPECULATORS, crypto scum.

Yeah hopefully over time they will move on to other coins

It seems the guy on Cryptsy/Bittrex is not going away and having hope is not really a solution. He/she needs to be tackled.

If we don't want the price to dive below .0011 we should do our bit and fight that speculator who's purposefully driving the price down.

The truth is some DMD holders might get an impression there is a good reason for cashing in, the irrational sell panic sets and months of promo go down the drain.

But if it's what the market=you want there is not force to stop it.

A bit of proactive Diamond community anti-malicious speculator action would do this coin good.

What ever happened to the person/group that was going to buy up another 80-100 btc worth of Diamond? I hear no more mention of them in here.

+1

+2

Well it's a question to that person/group.
We can only speculate what might have happened, a change of heart, or the time is not right, or not enough DMD on the market... or who knows.

Regardless we should never rely on one person to lift things up, we're in this together and we should act together.

popshot

hero member

Activity: 774

Merit: 554

CEO Diamond Foundation

We are close, we are so close ...

BTC's price has been falling recently which suppressed DMD's price and our efforts but fear not community it will not break our spirit Wink

We now have 1.59475474BTC (x2) in pure BTC contributions.

While DMD Donations accepted @ dTNFyc3yBsGqeoQbkDbWePqvSQxspUbk2e (managed by Vagnavs)

at today's valuation are 0.84496118746(x2)

with total of ... 2.43971592746BTC (x2)

Our target is 2.7 so we are just 0.26028407254 short!

We should be ready with the promo shortly and certainly with everything unfolding by the end of the month.

Thank you contributors, last time it took us long months to reach our goal but this time round it's going so much faster.

I think everyone understands the importance of continuous media presence and its positive effect on everyone's holdings.

Contribute to the PR initiative!

1N3TNyPUGUtvk6KD3Gy6WdS8e9P6PmYzPg

^^^^^^^ CONTRIBUTE^^^^^^^

BogdanCo

hero member

Activity: 729

Merit: 513

Quote from: popshot on August 10, 2015, 02:30:51 PM

Quote from: markm on August 10, 2015, 07:26:30 AM

Does diamond have any kind of fixes against the stake cheating that seems to be in most Proof of Stake coins?

Apparently there are a number of the problems but the only one people have described publicly is the one where you set your clock ahead.

What are the fixes and which ones does Diamond have in place?

-MarkM-

I'm not aware of any problems with PoS, no one has reported it nor have personal experienced with it.

I agree, bugs in crypto coins software are widespread, after closer inspection it looks like a big mess.
Danbi did remarkable job by fixing many bugs that are still present in other coins.

You would have to wait for him to point you to exact lines of code. However you can try to recreate abusive behaviour and see if it works for you.

I remember I had a problem with the wallet about some time ago, maybe one month ago, it was not syncing.... After a while it appeared a message saying something that my clock is ahead and the minting is not working or something like that. So I would say this "cheat" is not working on DMD wallets.

popshot

hero member

Activity: 774

Merit: 554

CEO Diamond Foundation

Quote from: markm on August 10, 2015, 07:26:30 AM

Does diamond have any kind of fixes against the stake cheating that seems to be in most Proof of Stake coins?

Apparently there are a number of the problems but the only one people have described publicly is the one where you set your clock ahead.

What are the fixes and which ones does Diamond have in place?

-MarkM-

I'm not aware of any problems with PoS, no one has reported it nor have personal experienced with it.

I agree, bugs in crypto coins software are widespread, after closer inspection it looks like a big mess.
Danbi did remarkable job by fixing many bugs that are still present in other coins.

You would have to wait for him to point you to exact lines of code. However you can try to recreate abusive behaviour and see if it works for you.

shveicar

legendary

Activity: 1414

Merit: 1013

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

Quote from: markm on August 10, 2015, 09:52:57 AM

What is different about Diamond's PoS system then that makes it not have the usual problems so many other PoS coins have?

Is it a matter of which original type of PoS a given family of coins was cloned from?

For example the setting your clock forward less than two hours but maybe close to two hours, that one is apparently quite widespread?

You do not come across as knowledgeable about these problems so it is not clear that you have enough knowledge of them to actually even have seriously examined your code to be sure they do not apply to it?

For example the recent coin Axiom apparently has the problems, they are claiming to be looking into fixing them.

It is not clear whether the recent coin NINJA has them or not.

So far I have not come across any coherent explanation of which ancestries of coins have them or if maybe all of them do.

The problems are ancestral, dating back I don't know how far, inherited by many coins as they keep cloning each other.

-MarkM-

I understand what you're saying. But there are a lot of programs that guarantee precise work only if your the system time is exposed adequately.
And your time zone coincides with the real time. for example BitTorrent Sync.
Perhaps that the development of the code, many coins were based on a basic system time as a reference.
But no one bothers to integrate into the wallet system of independent verification time and connecting to the global world servers of time.
I think that in the near future it will be corrections.

pokeytex

legendary

Activity: 1504

Merit: 1002

Quote from: markm on August 10, 2015, 09:52:57 AM

What is different about Diamond's PoS system then that makes it not have the usual problems so many other PoS coins have?

Is it a matter of which original type of PoS a given family of coins was cloned from?

For example the setting your clock forward less than two hours but maybe close to two hours, that one is apparently quite widespread?

You do not come across as knowledgeable about these problems so it is not clear that you have enough knowledge of them to actually even have seriously examined your code to be sure they do not apply to it?

For example the recent coin Axiom apparently has the problems, they are claiming to be looking into fixing them.

It is not clear whether the recent coin NINJA has them or not.

So far I have not come across any coherent explanation of which ancestries of coins have them or if maybe all of them do.

The problems are ancestral, dating back I don't know how far, inherited by many coins as they keep cloning each other.

-MarkM-

Danbi, Popshot, or Cryptonit (on vacation) can speak to this.

Topic: [ANN] ¤ DMD Diamond 3.0 | Scarce ¤ Valuable ¤ Secure | PoS 3.0 | Masternodes 65% - page 461. (Read 1260803 times)