Topic: [ANN] ¤ DMD Diamond 3.0 | Scarce ¤ Valuable ¤ Secure | PoS 3.0 | Masternodes 65% - page 600. (Read 1260677 times)

respect!

I accept it is hard decision for you. I don't support the reactor, but I will support you anyway, even if you choose to start the reactor. I'm glad we have flexible devs.

I am glad you had a win on that gamble utahjohn, even if it turned out different to what was expected!

my last 600 which was still sitting in personal wallet staked just before announce of reactor dissolution ... all my coins now 0 days age but that's OK I made 7.5 on staking (and was going to invest) and 50 for reactor interest.  Not bad 

Decentralized reactor:
Reactor service description as following.

Installation of wallet proram:
Confirmation tick to run reactor service at background and mentioned at licence eula file text.
Would only start up if wallet have required amount of dmd.

Reactor service would have to be lighter version of wallet with no interface at all. Should not hinder online fps games or net streaming etc or else end users just get rid of it.

Wallet interface would include drag and drop reactor slots. You would fill Your required amount of diamonds to each slot. Diamonds would lock into slot with confirmation.

If You want to intagrate reactor slots to Your cloudmining or multipool a simple confirmation bit from cloudmining or from multipool to reactor service would enable slots. Why not even open more slots to reactor from more supportting? Or why not to make it so that initial diamond wallet owner over required amount of diamonds gets 1 slot. More slots could be aquired through investing to diamond or its partner services.

That required initial amount of diamonds for first reactor would maby be globally adjusted by reactor service. (Demand and supply)

Decentralization takes away unneccessary manual work from sending emails and confirming each user and creates automated system that end user can choose to use if thay wish.
No trust issues for anyone. Feel free to comment.
-Sneaking

Coins received with interest.

Status: 6 confirmations
Date: 1/30/2015 17:20
From: unknown
To: darrnyqFMDJ13LKbgkkWMbhh7RA3rK5SyF (own address, label: Diamond Cloud Mining)
Credit: 1575.00 DMD
Net amount: +1575.00 DMD
Transaction ID: c3f0b4c321b50ca63787794268229f1ff2a3b2a8be38a5c46c953bfcc22979b5

I liked the reactor idea!  I hope the next one makes more people happy.  I am willing to fill more reactor slots if no others are interested!

Coins received with interest
To: dRANuqn2Kj26MQQbEwEu4zUBsKQb62hJzj (own address, label: Cloudmine DMD)
Credit: 1050.00 DMD
Net amount: +1050.00 DMD
Transaction ID: 3071d8f1121fcf68f6877ccc0d781b5e342c7bacf8ed00718e31688bdb7457c2

Thanks for quick response, hope new secret weapon will offer comparable profitability to feed the greed

as soon as possible but it's done when it's done

i will start sending now

i wont use reactor wallet because i have no access for security reasons

people who got their coins back please confirm here in thread so its visible that there is nothing shady going on

Wow ,
Yes, that is what it looks like.
Looks like a crack in the wall.
LOL.    

So when do we see our coins returned with 5% interest on top?

no, please don't send your coins, the rest of the coins will be returned and losses reimbursed.

I can imagine it looks strange to change so suddenly, but this is sometimes how splitting work works out.

So don't send DMD to reactor if not already sent?

Well ,yes.. call it coincidence  .

Please don't take it personally if I don't disclose any details at this point.

It indeed looks like some cheap excuse.  haha

Simply put, the reactor would not be needed.

Actually it is so interesting that there would be no point in keeping your coins without staking at reactor.

Right now it's a gamble, but the one worth taking.

if reactor in the form its designed split community that much
we freeze project and research possibilities to launch it decentralized

or even cancel it at all

people who send coins already will get them back
and 5% on top as replacement for lost coin age

there is a second reason why we choose to set this step

alex just this moment analyze a very interesting business proposal
that could have effects that go far above reactor

until we analyzed possible impact on reactor project and finish talks with possible partners
we would have to freeze reactor rollout anyway



so "glow blue might come late or never"
but the new business proposal we are analyzing might be something better

i full understand people will say we created a fairy tale about a new project
to defend our freeze of reactor project

believe me i have the balls to change plans without need for cheap excuses

and i have to say congrats to alex this is the greatest success in his crypto business networking

and i really hope it work out the way he described it to me

which indeed would be fantastic news

Greed is good.



Next time you are in Manchester, we need to meet for a beer.

If you think that the developers want you to cheat and pick up your coins yourself, then you are in general doing here?
No one is forcing you to send coins to the reactor. This is just one way to help Diamond project and receive additional compensation.
 
 People are willing to keep tens of thousands of dollars on various exchanges. in this case they simply trust public opinion. (At least remember exchanger mtgox or mintpal).
 No verification will not help you if exchanger decided to cheat. But when it comes to the new project (eg Diamond reactor) some are afraid to invest a few hundred dollars.
  This is a very big misconception.

I think the devs hopefully get the message, that we dont want it. Devs if you want to reward your loyal holders of dmd, that have also bought cloudmining shares,  then create a special software wallet that rewards 200% pos to reward those with 100 shares min in cloudmining. Its VERY VERY concerning that I must send my dmd to another wallet, a BIG one at that. I posted a question a few days ago and it wasnt answered "what happends if the reactor wallet gets hacked and all funds are stolen"? Dev, if it gets hacked, will you be responsible for all the lost dmd, and pay the victims that have lost loads of their dmd? As much as I love dmd, I just keep asking myself why devs are asking dmd to be sent to another wallet. This is against everything that crypocurrency is about. WAKE UP GUYS!!! There is NO MAGICAL REACTOR. Its a wallet address, thats all!  If you are freely sending large amounts of  dmd to strangers across the other side of the world to hold onto in the name of greed, then pm me for my dmd address, and Ill hold it for you, and Ill even take the time to reinvest all the rewards back into it, free of charge LOL greedy idiots get EXACTLY whats coming to you.

Vegas

It will not strengthen the economy due its nature, just like PoS. Cloudmining helps to link the exchange rate to other coins and bitcoin which is helpful because you can't establish economy if ex.rate is unstable.
But staking only prevents the mass selling and does nothing more. Reactor is an other method to hold the coins(maybe more coin than PoS) while it extremely increases the number of coins and decreases network security because you have to hold lot of user's coins at _one_ node.
If there are no economy(=trading goods) then your coins value will be based on a bubble.

This reactor looks like the gnomes' plan in south park:
1. get dmd
2. reactor
3. ? ? ?
4. profit