Topic: [ANN] ¤ DMD Diamond 3.0 | Scarce ¤ Valuable ¤ Secure | PoS 3.0 | Masternodes 65% - page 567. (Read 1260677 times)

Interesting. I skimmed through Hobos thread and couldn’t find the reference to this.

Will appreciate if you provided the link if you have it handy.



All input is welcomed but lets not try to talk in definite words.
There might be different solutions to different problems, some better some worse.
We appreciate people doing their own research and reporting their findings.
Even after this bumpy ride of exchanging views you can rest assured that you’ve been listened to and your opinions and suggestions will be taken into account.
They won’t be the only ones and PoW only coin is not likely to happen, but it’s certainly good to have different point of view so well documented as yours. 

so basical u suggest attack each single wallet in DMD Network in a attempt of what?
to make the reactor not stake for the duration of ur attack? (only a few days a month easy enought to mint its coins)
who said he have only 1 peer? i said 1 peer would be enought to take part in network but maybe he have 10 maybe 6  maybe 3
who said he have a static IP and dont change it every hour?
or maybe he run through a TOR IP masking?
i could add a lot more points..... of stuff noone knows and which make a DDoS attack very unlikely



what u try to explain is not a attack on reactor but a attack on a whole coin network by DDOS random nodes
because u cant identify reactor

reactor main purpose isnt stabilize the POS because we already run one of most stable POW/POS networks
ur claims of weakness are just claims out of nowhere with no new informations
we study all know weakness very carefull and did analyze the sources u present also long before u post them here
we are more suited against it than most other POS coins

never forget we run here a zero premine coin no dev have interest hype it and sell premine
we all are investors and have the same goal as all other long time investors to make DMD a successtory

in my opinion some reasons for posting like urs might be that this people run
profitable DMD mining rigs maybe FPGA powered
and hate POW reward reduction and try to get the coin rollout changed in the way they like it

this wont happen they should have checked DMD coinrolloutplan before invested into china FPGA

dont tell me the fairy tale  spending this time pillage our thread because of "i dont have DMD but i want to say u"

people have some personal interest that make em act
humans dont do stuff without reason

satisfy troll attention whore isnt ur motivation at least i hope so

Just sent my .2 BTC.  Put it to good use!

Yup. It ll continue to grow. Do not forget that in February, the reactor was stalking only about 15 days or even less. So in March, the result ll be twice as better compared to February. Plus we ll be getting new payments into the reactor and 30% of staked amount stays in the reactor which increases the number of coins staking even more.

Good idea and great implementation results in a very nice result for cloud shareholders.
All I can say to naysayers is see the result. To people who consider buying shares/investing into the reactor I can say, yes, this is a pretty good idea IMHO.

Someone sent into the reactor additional 2,000 coins 
 Stupid trolls do not understand the potential of this coin 

See Sherlock, those 1200 DMD were distributed to cloud mining shareholders as DIVIDEND on Feb 27. Now apologize to the community for being a troll.

some ignorred user i got told ask how the reactor can have a 1190 DMD outgoing transaction

long before this question was asked i posted here in this thread at 27.02
that the first reactor payout to DMD Cloudmining shareholders was executed
https://bitcointalksearch.org/topic/m.10603931

non of the contribution DMD will be ever touched
and POS earnings will be used 70% to payout towards DMD CLoudmining
shareholders and 30% to increase ammount of coins in reactor
(DMD contribution to reactor did come from cloud shareholders and payouts go to them)

this i too wrote before in last reactor update posting here in thread
that the reactor base amount got increased form 70250 to 70760 with that 30% stake reinvest
https://bitcointalksearch.org/topic/m.10615447

u are sadly mistaken, each layer can be penetrated ...
Delete this as I know will be done, again Argon18 is not me but just another concerned individual who speaks better than I do.

regarding group stake creating to less coin pile in network to compete

what happens is:
if POS diff is low lot pile able to mint below 30 days age and get split into two parts
(=creating more competition and increase POS difficulty)
if POS diff is high only very big coin pile mint below 30 days age
and above 30 days coin age small coin pile use group stake mechanism and get merged together
(=creating less competition and lowers POS difficulty)

one of the best selfadjusting POS system in industry
this together with high POS blocktime and hybrid pow/pos security
make the anounced POS attack vertor not useable on DMD Diamond

u cant gather shitload little old coin pile and try attack us
maybe that make u sad but this works great against pure POS coins
with fast POS blocktime and low POS difficulty because of not many wallets active

so better seek such coins to spread POS armagedon nighmare fairy tales

in my opinion u run some profitable DMD mining rig maybe FPGA powered
and u hate POW reward reduction and try to get the coin rollout changed in the way u like it

this wont happen

-------------------------------------

regarding reactor and find out his IP with chainz node list
chainz can only display nodes that are visible to him because they connected to his wallet
he will never see reactor nor wont u......
to take part in DMD Diamond network need only 1 active peer.......

Its funny how no one cares about that 1200 dmd payment!

*wow, i see you have quite the history of cloud mining, i didnt think there was any money in it.

I fully agree. But I have nothing against trolls or people with opposite opinions as long as these opinions are based on some solid ground. After all, we are here to discuss current progress, options and improvements related to DMD.  However, if the main argument is "DMD is doomed and all of you guys who use it are fools...." well, that s infantile and it s obvious these kind of trolls have a different agenda. That s why we have Popshot and his big club.

Also, I strongly suggest you put these people under ignore and do not pay attention to them at all. I kinda like this "this user is currently ignored" when dealing with some people.

Wow, youve been on bct for around a year and half and 90% of your posts have been on this thread. dedication or what!

Seeing here such activity trolls can immediately understand what they want.
Any new people who come here and see them perseverance tarnish Diamond readily understand that constantly write the same thing just so no one will.
But not for long, and soon a POW award will be reduced by 10 times.
All their attempts to idle chatter on the topic of security and total control will be dispelled by themselves.

One who understands a little crypto currency, can easily understand how a Diamond is now undervalued compared to other coins 

The reactor was decided on by the dev team, this is not a community coin.  Im still wondering where all these coins came from and if they are all lent, where are all the members, dont they get a say?  How come it only seems like a few people are in this community?

https://chainz.cryptoid.info/dmd/address.dws?dWPGAFSvqD5XB6qiEyxLtXLbyoZhh1XEKa.htm

created on the 27th

https://chainz.cryptoid.info/dmd/address.dws?dXy7o5vdbHYhozeiNCWUyziJM8JaLYe35H.htm

payment on the 27th

Did a cloud miner get paid this?  That a big payment.

shouldnt all funds leaving the reactor be explained?

I think its important for both sides to listen a little.  There isn't a single coin out there where there are no disagreements.  Go to the other forums and you will see a lot of the same stuff.   Only a few coins have gotten past that.  Those seem to be the ones that have achieved some level of acceptance in the marketplace.

To the DMD defenders - there are issues with this coin.  You don't have to admit it.  Eventually the issues get resolved or take their toll on the coin.  This coin is going nowhere unless someone adopts it as a currency for commerce.  Only commercial demand will prop this coin up once cloud mining has run its course.  POS alone is not enough no matter how high the percentage payout is.  You can payout 300% and it will attract only hoarders.  That is not a market that will be safe to invest in.  Anyone familiar with the baseball trading card market in the 1980s?  Gimmicks like Cloud Mining and the Reactor are only going to go so far.  When the novelty is used up we will still be faced with some way to keep the value of DMD growing.

You know I was not a fan of the Reactor.  I think stuff like that appeals only to the same people who hoard and circulate DMDs in a tight loop.  I really didn't like the idea of paying out a higher POS to Cloud Mining investors over everyone else.  If you think everyone putting all there eggs in that basket is a good idea then I strongly disagree.  The idea is to disperse the currency not collect it into one vault and hoard it.

In any case, be open minded.  Some people have a more direct way of expressing their thoughts.  So what?  If you want to be responsible for this coin or any coin, grow a thick skin.  That's what being responsible is all about.

To the critics - One thing at a time.  Some of your concerns are legitimate some are not so much.  The 51% attack thing was a popular threat for a number of coins.  Litecoin urged its miners not to use certain pools to avoid the possibility of a 51% attack.  There was no other solution.  It was purely voluntary.  Its no one's fault that Danbi's pool has the majority of the hash rate, except the miners.  I mined with Danbi and now I mine with donkeypool.  I have considered going back to mining solo which I did for months.  But at this point, I choose to support Donkeypool to shift my hashing away from the largest pool.  Other people should consider this option voluntarily as well.  Danbi's pool is great and Danbi himself is a stand up guy.  But Donkeypool has given me no problems for over a month now and I get paid the same amount. 

There is an expression that's been used in US politics that I like for just about all occasions, "First do no harm".  In other words, try to be positive in your criticisms because we all want the same thing - to be successful and make some money.  Hurting the value of the coin benefits no one.  I get where you are coming from but I also think some good has been done by the DMD developers. 

I wish everyone would just work together.  Unless this stuff gets resolved I think the DMD mining population will continue to drop until this coin fades out of existence.

Just my 2 cents worth.

Sorry to make you feel so special.


I won't even start looking into if it's true. You throw word 'payment' as if there was some fraud going on. Once we're at it, if it's a payment, who is it for?


Why don't you calculate it yourself. You know number of coins, number of days and amount of interest per year.


I already addressed all these points here https://bitcointalksearch.org/topic/m.10626109 .

If you were even bothered to read before posting we would avoid so much unnecessary work.


What? I delete your posts because you are banned on this thread. You've done enough damage with your FUD-ing, this had to stop.  

I have no strong opinion about it. Cryptonit has all the rights to protect his financial privacy and no obligation to reveal his personal wallet.
It's a matter between Cryptonit and Utahjohn I'll let them sort this on their own through PM.


It was utahjohn insinuating cryptonit is a paedophile. Sorry but such vile accusations have no place here.


There was another post I deleted too fast "what do you do for the foundation?" .. I delete your posts!

WITH PLEASURE!  beacuse you are FUDster who cannot hold normal conversation - I've seen enough of your 'valuable input' from broad unsubstantiated accusations of FRAUD to some wild assumptions . you are banned on this thread.


I'm not responsible for the Reactor so can't make any comment.


Deal with it.

I don't think you know what you're taking about. I think you contradict yourself.
First you say easy to take over PoW and PoS, and here you suggest to remove PoS, the second protection.

Pardon me, not sure when you joined this thread but before everything was so rosy as it is now, we had really hard time, attack after attack.. so please spare me your opinions how weak we are because we have tested our mettle already.  

PoW has no future as the only main security provision.
I would say it would be suicidal to switch it to PoW only.

Merged mining is still on the table but only when PoW is a part of the security basket - PoW PoS PoN.
On the side note even etherum will be PoS only coin (after PoW phase).

What you want is a completely different coin. We see strongly a multi protection protocols as the way forward and not going back years as if sustainability, ease of use, eco friendliness were of no importance.

I also don’t feel you answered some of my questions and avoided the rest.

Hope we can find common understanding.