[ANN] ¤ DMD Diamond 3.0 | Scarce ¤ Valuable ¤ Secure | PoS 3.0 | Masternodes 65% - page 575.

shveicar

legendary

Activity: 1414

Merit: 1013

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

Quote from: utahjohn on February 26, 2015, 06:20:16 AM

Quote from: Argon18 on February 26, 2015, 06:16:59 AM

Quote from: cryptonit on February 26, 2015, 05:37:13 AM

Argon18 its very hard for me to understand how u can see one of our most superior DMD POS abilities as a weakness

i think u didnt even understand what i explained - or u try to read only the lines that fit to build ur own reality and ignore the rest

in opposite to majority of POS coins where u are forced to use coin-control
because their POS setup is flawed and without manual interaction it would split coin pile endless
DMD Diamond POS work endless stable without user interaction

u have

1.) no understanding of dmd diamond security and DMD POSand the hybrid pow/pos
protection will just work fine after pow reward drop the same way as now
it doesnt matter if we have 10 ghash 100 ghash or 1000 ghash groestl network hashrate

or

2.) u have the understanding and try spread wrong statements to influence price?

Really , no Understanding , how cool it must be to be the only one in the world that understands POS.
Oh Wait, you don't know what you are talking about.
Here is the proof
hashProofOfStake <= [Coin-age] x [Target]
[Coin-age] = [amount of coins] x [days in stake]

Coin-Days = Coin-age * block size.
weight = coin age * balance

Have someone that can add look over these , it shows how weak your coin becomes when the POW miners leave you. All you have to do is change the coin POW reward to keep the miners, otherwise after april.
Boom you are so Vulnerable to attack.

Like So.
https://bitcointalksearch.org/topic/cleanup-ill-attack-some-coins-i-owned-apexcoin-for-90-blocks-897493

Nice one argon!

if the new wallet there will be changes and there will be a triple-generation algorithm that what you say then about security?

cryptonit

legendary

Activity: 3052

Merit: 1053

bit.diamonds | uNiq.diamonds

Quote from: utahjohn on February 26, 2015, 06:18:16 AM

Clearly u do not get my intentions to help others gain DMD

the only one u wana help to get DMD is utahjohn

utahjohn

hero member

Activity: 630

Merit: 500

Quote from: Argon18 on February 26, 2015, 06:16:59 AM

Quote from: cryptonit on February 26, 2015, 05:37:13 AM

Argon18 its very hard for me to understand how u can see one of our most superior DMD POS abilities as a weakness

i think u didnt even understand what i explained - or u try to read only the lines that fit to build ur own reality and ignore the rest

in opposite to majority of POS coins where u are forced to use coin-control
because their POS setup is flawed and without manual interaction it would split coin pile endless
DMD Diamond POS work endless stable without user interaction

u have

1.) no understanding of dmd diamond security and DMD POSand the hybrid pow/pos
protection will just work fine after pow reward drop the same way as now
it doesnt matter if we have 10 ghash 100 ghash or 1000 ghash groestl network hashrate

or

2.) u have the understanding and try spread wrong statements to influence price?

Really , no Understanding , how cool it must be to be the only one in the world that understands POS.
Oh Wait, you don't know what you are talking about.
Here is the proof
hashProofOfStake <= [Coin-age] x [Target]
[Coin-age] = [amount of coins] x [days in stake]

Coin-Days = Coin-age * block size.
weight = coin age * balance

Have someone that can add look over these , it shows how weak your coin becomes when the POW miners leave you. All you have to do is change the coin POW reward to keep the miners, otherwise after april.
Boom you are so Vulnerable to attack.

Like So.
https://bitcointalksearch.org/topic/cleanup-ill-attack-some-coins-i-owned-apexcoin-for-90-blocks-897493

Nice one argon!

utahjohn

hero member

Activity: 630

Merit: 500

I did not call my manipulation of large piles a design flaw

Even if u convince dev team to drop max pile size to 200 it can be manipulated

Clearly u do not get my intentions to help others gain DMD. Let's see your wallet for examination

Argon18

sr. member

Activity: 442

Merit: 250

Quote from: cryptonit on February 26, 2015, 05:37:13 AM

Argon18 its very hard for me to understand how u can see one of our most superior DMD POS abilities as a weakness

i think u didnt even understand what i explained - or u try to read only the lines that fit to build ur own reality and ignore the rest

in opposite to majority of POS coins where u are forced to use coin-control
because their POS setup is flawed and without manual interaction it would split coin pile endless
DMD Diamond POS work endless stable without user interaction

u have

1.) no understanding of dmd diamond security and DMD POSand the hybrid pow/pos
protection will just work fine after pow reward drop the same way as now
it doesnt matter if we have 10 ghash 100 ghash or 1000 ghash groestl network hashrate

or

2.) u have the understanding and try spread wrong statements to influence price?

Really , no Understanding , how cool it must be to be the only one in the world that understands POS.
Oh Wait, you don't know what you are talking about.
Here is the proof
hashProofOfStake <= [Coin-age] x [Target]
[Coin-age] = [amount of coins] x [days in stake]

Coin-Days = Coin-age * block size.
weight = coin age * balance

Have someone that can add look over these , it shows how weak your coin becomes when the POW miners leave you. All you have to do is change the coin POW reward to keep the miners, otherwise after april.
Boom you are so Vulnerable to attack.

Like So.
https://bitcointalksearch.org/topic/cleanup-ill-attack-some-coins-i-owned-apexcoin-for-90-blocks-897493

cryptonit

legendary

Activity: 3052

Merit: 1053

bit.diamonds | uNiq.diamonds

Quote from: utahjohn on February 26, 2015, 05:52:01 AM

What many call FUD from me is simply incorrect I am just pointing out weaknesses that need to be addressed in next wallet release.
Yes I'd like the price to drop so I can buy again, but no buy support from me till pumps stop Roll Eyes

we can fix this micromanage tiny advantage easy
we can just reduce POS rewards for pile above size of 200 and problem is solved

but this opens a new unfair situation
than if someone buy a 1600 dmd pile and transfer it as a whole home in his wallet
need to wait until he did split stake 3 times (at least 21 days) until he able earn optimal POS rewards
or manual split the pile after recive it via coin controll into 200 dmdm pile

do we really want that just because utahjohn is maybe able earn 1% more at pos with lot micromanage time invested?

and his advanage is a theoretic one

look how it can be in real:

Quote

in case his big 2500 dmdm pile just staked successful when he did sleep
and 8 hours later he merge the 2 piles together again to have a single 2500 dmd pile
then he burned 8 hours coin age of 2500 coins
this way he damage himself more than he gain
its just a theoretic mindgame that give little gains
but in real when u miss the time when u staked a bit and burn coinage by manual merge them u lose all advantage
and u invested a shitload micromanage time
time that a 53 year old early retired might have but normal people not
let him increase his small income with a bit extra POS why not

this is no design flaw that need a fix
DMD POS is superior

for real investors that it run without maintainance and manual interaction perfect is way more valuable than everything else

edit: regarding pump i think u missunderstand what a pump is
what we see here is slow natural gain in value a pump would be a jump to 0.001
and even that can happen and stabilze with that increased interest that DMD attract this days
all look at total coins and say oops below 100000 coins until pow rewards reduction

utahjohn

hero member

Activity: 630

Merit: 500

Quote from: Argon18 on February 26, 2015, 05:00:38 AM

Quote from: utahjohn on February 26, 2015, 04:47:27 AM

Thankyou!
Don't get me wrong I am a DMD supporter but I point out weaknesses that affect all

You're welcome, people who question are always the one that others try and gang up on.
Even when you are right others would rather agree with the authority than ask the questions.
What makes people like us different and sadly attacked even when we bring up issues that should be looked at.

And I still see no disclosure of wallet so the truth can be known. I agree with Argon18 that issues which I bring up are quietly swept off the floor and ignored. Honesty is the only true value here, I openly allow anyone to examine my wallet and DMD intentions

What many call FUD from me is simply incorrect I am just pointing out weaknesses that need to be addressed in next wallet release.
Yes I'd like the price to drop so I can buy again, but no buy support from me till pumps stop Roll Eyes

cryptonit

legendary

Activity: 3052

Merit: 1053

bit.diamonds | uNiq.diamonds

Argon18 its very hard for me to understand how u can see one of our most superior DMD POS abilities as a weakness

i think u didnt even understand what i explained - or u try to read only the lines that fit to build ur own reality and ignore the rest

in opposite to majority of POS coins where u are forced to use coin-control
because their POS setup is flawed and without manual interaction it would split coin pile endless
DMD Diamond POS work endless stable without user interaction

u have

1.) no understanding of dmd diamond security and DMD POSand the hybrid pow/pos
protection will just work fine after pow reward drop the same way as now
it doesnt matter if we have 10 ghash 100 ghash or 1000 ghash groestl network hashrate

or

2.) u have the understanding and try spread wrong statements to influence price?

Argon18

sr. member

Activity: 442

Merit: 250

Quote from: utahjohn on February 26, 2015, 04:47:27 AM

Thankyou!
Don't get me wrong I am a DMD supporter but I point out weaknesses that affect all

You're welcome, people who question are always the one that others try and gang up on.
Even when you are right others would rather agree with the authority than ask the questions.
What makes people like us different and sadly attacked even when we bring up issues that should be looked at.

shveicar

legendary

Activity: 1414

Merit: 1013

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

This is especially true, when some of people not clean the hands take advantage of this and are proud to say about that. What about this can says Daniel?

Argon18

sr. member

Activity: 442

Merit: 250

Quote from: shveicar on February 26, 2015, 04:46:26 AM

I do not think it's good when the coin has secret passages or holes that allow someone with a special approach REFERENCE earn more income than the other participants.
it should be eliminated or if this method is not a threat it must be made available to each user without the use of knowledge to work from the command line.

It is coin control not Magic,
Have the devs write up a easy to follow post on how to use it .
If you are smart enough to use the PC, you are more than smart enough to use coin control.
It is very easy.

utahjohn

hero member

Activity: 630

Merit: 500

Quote from: Argon18 on February 26, 2015, 04:43:56 AM

Quote from: cryptonit on February 26, 2015, 04:10:58 AM

coin control is a expert tool that is not required to be used at dmd diamond

in fact what utahjohn do is by a lot of micromanagement increase his pos earning around 1%
because he make sure he instant merge coin pile after minting at 7 days together to a big pile again

if one or a few people to this it create no danger

if all people would do this it just counter the pos mechanism

because it create the risc of "nothing to stake" at network

the split coin pile mechanic and later merge coin pile mechanic have one reason

to automatic cut the coins in network into enought pieces that always someone have something to mint

and merge coin piles together if enought pieces are existing (it dedect this by coin age)

this way never a status appear where noone have coin-age to spend minting and pos diff would fall very low and open doors for harmfull activities

Warning this post may make you think, if you blindly follow DMD,
Please ignore as it may give you a headache.
What UtahJohn is doing is smarter than just leaving the coins alone ,as he will gain more diamonds at a slightly faster rate, with very little effort. But just to be clear DMD Devs added the coin control feature, so you have no one to blame but yourselves. Also your merge coin pile feature decreases the number of total blocks in your network, so it also weakens DMD POS security, a feature you have no one to blame but yourselves.
The Real Reason you will have Nothing to Stake is you don't have enough coins to run POS by itself safely.
That is the real reason behind the reactor, an attempt to make your POS more secure.
Once your POW miners start dropping out , your security will depend on your POS.
At the limited # of coins (trying to be scarce), also Devs decision , decent security will not be possible with POS alone.
As pow miners drop , that also will become a security issue, leaving you open to a 51% attack on the POW side. The only way to keep DMD safe is to keep the POW mining at a level where they stay , because POS wise you don't have enough coins to secure the network otherwise.
Just my trolling for the day.
Ignore if it does not make sense to you.
Please Return to the Praise Diamond Hour.

Thankyou!
Don't get me wrong I am a DMD supporter but I point out weaknesses that affect all

shveicar

legendary

Activity: 1414

Merit: 1013

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

I do not think it's good when the coin has secret passages or holes that allow someone with a special approach REFERENCE earn more income than the other participants.
it should be eliminated or if this method is not a threat it must be made available to each user without the use of knowledge to work from the command line.

Argon18

sr. member

Activity: 442

Merit: 250

Quote from: cryptonit on February 26, 2015, 04:10:58 AM

coin control is a expert tool that is not required to be used at dmd diamond

in fact what utahjohn do is by a lot of micromanagement increase his pos earning around 1%
because he make sure he instant merge coin pile after minting at 7 days together to a big pile again

if one or a few people to this it create no danger

if all people would do this it just counter the pos mechanism

because it create the risc of "nothing to stake" at network

the split coin pile mechanic and later merge coin pile mechanic have one reason

to automatic cut the coins in network into enought pieces that always someone have something to mint

and merge coin piles together if enought pieces are existing (it dedect this by coin age)

this way never a status appear where noone have coin-age to spend minting and pos diff would fall very low and open doors for harmfull activities

Warning this post may make you think, if you blindly follow DMD,
Please ignore as it may give you a headache.
What UtahJohn is doing is smarter than just leaving the coins alone ,as he will gain more diamonds at a slightly faster rate, with very little effort. But just to be clear DMD Devs added the coin control feature, so you have no one to blame but yourselves. Also your merge coin pile feature decreases the number of total blocks in your network, so it also weakens DMD POS security, a feature you have no one to blame but yourselves.
The Real Reason you will have Nothing to Stake is you don't have enough coins to run POS by itself safely.
That is the real reason behind the reactor, an attempt to make your POS more secure.
Once your POW miners start dropping out , your security will depend on your POS.
At the limited # of coins (trying to be scarce), also Devs decision , decent security will not be possible with POS alone.
As pow miners drop , that also will become a security issue, leaving you open to a 51% attack on the POW side. The only way to keep DMD safe is to keep the POW mining at a level where they stay , because POS wise you don't have enough coins to secure the network otherwise.
Just my trolling for the day.
Ignore if it does not make sense to you.
Please Return to the Praise Diamond Hour.

pallas

legendary

Activity: 2716

Merit: 1094

Black Belt Developer

cryptonit... a bit OT but I'm just curious... don't get mad on me... but is there a special reason why you always put an additional carriage return on every line? Cheesy

utahjohn

hero member

Activity: 630

Merit: 500

What Cryptonit just posted is correct, however in my experience keeping LARGE piles is advantageous. And I see no danger of PoS mechanism failing because of a few who really understand the coin-mechanics and take advantage of them.
IMO the complainers about me are dumpers anyway Undecided

cryptonit

legendary

Activity: 3052

Merit: 1053

bit.diamonds | uNiq.diamonds

utahjohn

hero member

Activity: 630

Merit: 500

Quote from: crazyivan on February 26, 2015, 02:01:58 AM

Quote from: alba77 on February 26, 2015, 01:33:34 AM

Quote from: Alisher on February 26, 2015, 12:24:31 AM

Quote from: utahjohn on February 25, 2015, 08:43:06 PM

Quote from: mitache365 on February 25, 2015, 07:09:36 PM

Question!
Example: I have 1000DMD in my wallet witch are staking because they have more than 7 days there. After that I put another 1000DMD in my wallet, they will need 7 days to get matured and start staking. 2 days after the second 1000DMD arrived I want to send 500DMD somewhere. So I will have 1500DMD in my wallet. 1000DMD matured and 500DMD not ? Or ? Its interesting from witch coins my wallet will send.

Use coin-control feature in wallet, u can select less mature coins to send so u lose less coin-age

mitache365 asked an interesting question.
I think that the wallet itself should choose when sending the newest coin.
The user should not lose income Pos. I'm new here, but judging by previous statements utahjohn he can not be trusted.
Perhaps we should wait for an expert.

Howdy Alisher (and mitache too)

Well, in this case he is actually correct. You can activate coin control in your wallet and then choose which coins to send. It can be very useful so utah was right this time. That doesn't mean you should trust him in other matters though.... Wink

Also waiting for an expert to answer if this coin selection you suggest can be easily automated or not. On the other hand I prefer the freedom of choice Grin

Hey guys,

according to my experience, the wallet performs coins selection quite fine by itself. It s a great wallet after all.

)

What the wallet does is selecting the least mature and the newest pile from which to send coins so the actual maturity loss is minimal. Alternatively, you can turn on coin selection as Utahjohn suggest and do it manually if you are a bit more experienced and you like to play with your coins.

However, there is another issue to be aware of. If you have a pile of coins, not the total amount of coins but the pile inside your DMD address, and this pile contains 1000 DMD which are 2 weeks old for example and you decide to send 500 DMD from that pile, the result is that the entire pile loses its maturity and starts aging from 0 again. So, if you use coin control, always try to select the pile which matches the amount you want to send as close as possible.

I hope this helps.

I tried to keep my answer simple as possible, yes u must enable coin-control, and the example of selecting coins is quite correct. You must use this feature with consideration of the piles u are playing with

For a newb to criticize age and experience is just foolish and the parties who questioned my ability have been ignored, expect no further help from me

To those who know my history, thank you for support

I may not release next version of DiamondTahiti to general public. Again thanks for your confidence in me even if I am the Devil's Advocate I know what I am doing Roll Eyes

crazyivan

legendary

Activity: 1652

Merit: 1007

DMD Diamond Making Money 4+ years! Join us!

Quote from: alba77 on February 26, 2015, 01:33:34 AM

Quote from: Alisher on February 26, 2015, 12:24:31 AM

Quote from: utahjohn on February 25, 2015, 08:43:06 PM

Quote from: mitache365 on February 25, 2015, 07:09:36 PM

Question!
Example: I have 1000DMD in my wallet witch are staking because they have more than 7 days there. After that I put another 1000DMD in my wallet, they will need 7 days to get matured and start staking. 2 days after the second 1000DMD arrived I want to send 500DMD somewhere. So I will have 1500DMD in my wallet. 1000DMD matured and 500DMD not ? Or ? Its interesting from witch coins my wallet will send.

Use coin-control feature in wallet, u can select less mature coins to send so u lose less coin-age

mitache365 asked an interesting question.
I think that the wallet itself should choose when sending the newest coin.
The user should not lose income Pos. I'm new here, but judging by previous statements utahjohn he can not be trusted.
Perhaps we should wait for an expert.

Howdy Alisher (and mitache too)

Well, in this case he is actually correct. You can activate coin control in your wallet and then choose which coins to send. It can be very useful so utah was right this time. That doesn't mean you should trust him in other matters though.... Wink

Also waiting for an expert to answer if this coin selection you suggest can be easily automated or not. On the other hand I prefer the freedom of choice Grin

Hey guys,

according to my experience, the wallet performs coins selection quite fine by itself. It s a great wallet after all.

)

What the wallet does is selecting the least mature and the newest pile from which to send coins so the actual maturity loss is minimal. Alternatively, you can turn on coin selection as Utahjohn suggest and do it manually if you are a bit more experienced and you like to play with your coins.

However, there is another issue to be aware of. If you have a pile of coins, not the total amount of coins but the pile inside your DMD address, and this pile contains 1000 DMD which are 2 weeks old for example and you decide to send 500 DMD from that pile, the result is that the entire pile loses its maturity and starts aging from 0 again. So, if you use coin control, always try to select the pile which matches the amount you want to send as close as possible.

I hope this helps.

chilo

full member

Activity: 145

Merit: 100

Quote from: Alisher on February 26, 2015, 12:24:31 AM

Quote from: utahjohn on February 25, 2015, 08:43:06 PM

Quote from: mitache365 on February 25, 2015, 07:09:36 PM

Question!
Example: I have 1000DMD in my wallet witch are staking because they have more than 7 days there. After that I put another 1000DMD in my wallet, they will need 7 days to get matured and start staking. 2 days after the second 1000DMD arrived I want to send 500DMD somewhere. So I will have 1500DMD in my wallet. 1000DMD matured and 500DMD not ? Or ? Its interesting from witch coins my wallet will send.

Use coin-control feature in wallet, u can select less mature coins to send so u lose less coin-age

mitache365 asked an interesting question.
I think that the wallet itself should choose when sending the newest coin.
The user should not lose income Pos. I'm new here, but judging by previous statements utahjohn he can not be trusted.
Perhaps we should wait for an expert.

Hi Alisher,

Welcome, nice to see you here.

utahjohn can in fact be trusted, and he is correct in this instance. He could probably be classed an expert.

We don't always agree on things here, but we seem to be a fairly trusting and trustworthy lot of people.

I hope you join our community, I am sure you will find a place here.

Kind Regards

chilo

Topic: [ANN] ¤ DMD Diamond 3.0 | Scarce ¤ Valuable ¤ Secure | PoS 3.0 | Masternodes 65% - page 575. (Read 1260706 times)