Author

Topic: [ANN] ¤ DMD Diamond 3.0 | Scarce ¤ Valuable ¤ Secure | PoS 3.0 | Masternodes 65% - page 665. (Read 1260677 times)

member
Activity: 116
Merit: 10

Hello DMD Community,

I am setting a 0.5% fee on Miningfield pool as i'm not getting enough income from donations to pay for the server.

Current donators, thank you for your support, this is specially for you, i don't want you to "pay" for all.

Thank you for your understanding.

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

Also, i will be changing pool design, for a more clean and simple way of mining.

Miners won't need to register, you will just need to set your wallet address as username and random pwd for each worker.

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

An USA pool will also be born, and possibly an Asia Pool too, so you can choose the closest Pool to you, for better pings=better mining.

I will also be doing some tweaks on the pool backend for a better mining performance, this is getting essential, taken the ever increasing network hashrate.



s. http://www.miningfield.com
t. https://www.twitter.com/miningfield
f. https://www.facebook.com/miningfield
DMD Pool. http://dmd.miningfield.com
legendary
Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds
i guess 2 or 3

but please invest only as much time as it is fun for u work on it
as i said its not a paid job the bounty is just a little incentive

thx for ur time
if u choose to donate some on that task

good stuff we will add on dmd homepage about promo
legendary
Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds
I must say I am a bit surprised. You are offering 20DMD for a marketing asset Huh I don't know if you realize how much work a good marketing asset can be. 20 DMD are 4$... I was expecting a bounty of at least 150 DMD for a good marketing pic which are not that quite complicated to make and at least a good 300DMD for a full infographic. These are 30$ and at least 60$. We are talking of a bout 1 to 3h work for the first and 3 to 8h for the second. 20DMD is just too low for that amount of work. You cannot expect more than a quick copy paste for 20DMD (but if that is what you want, I can make 20 in 1hour Wink). Still, I would be surprised you would look for quantity over quality.

u create them to support ur own attempts to catch a whale
and u get additional DMD so even if u dont catch a whale u not left with nothing

yes its no paid job
its just a little thank you for the time u invest

i expect more than a quick copy paste job to pay out the 20 DMD bounty

DMD Diamond is build on thousands of unpaid hours
and we not start pay now

its the shared dream to achieve financial freedom
that motivate us to work for success

bounties are just a little incentive to make it more fun

no one of us did what he did for the actual value of DMD
we all do it for the future value of DMD

dmd foundation earns around 70 DMD a day
and we made the internal rule that the spending amount of dmd follow the earning amount
so a full workday spend for DMD is around 70 DMD value

and the bounties i posted above are not even covered by dmd foundation
dmd foundation funds are limited and lot other projects ongoing where they are needed
so i step in pay this bounties out of my own pocket
legendary
Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds
Last reminder for invest early enough to get full october free reinvest share

time is running out! [email protected]
legendary
Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds

So I think I would definitely be interested in a marketing asset for DMD cloudmining or anything else Smiley


how about this i give a bounty out of my own poket

-------------------------------------
for the first 3 people who finish one of this tasks:

catch a whale!

whale size $10000 invested into DMD cloudmining
you earn 200 DMD Cloudmining Bonus shares  and a 1000 DMD reward from my own personal pocket! (he earn 100 bonus shares)

whale size $5000$ invested into DMD cloudmining
you earn 100 DMD Cloudmining Bonus shares and a 500 DMD from my own personal pocket! (he earn 50 bonus shares)

whale size $2000 invested into DMD cloudmining
you earn 40 DMD Cloudmining Bonus shares and a 200 DMD from my own personal pocket! (he earn 20 bonus shares)


http://multipool.bit.diamonds/
email [email protected] for more infos about investing into DMD Cloudmining
-------------------------------------
limited bounty until i stop it:

additional i offer 20 DMD for any good promotion material u design for DMD Cloudmining
as guideline for the style u should use our 2 existing promotion pics

-------------------------------------
limited bounty until i stop it:

and last bounty i offer is 2 DMD for posting a link towards a DMD Cloudmining promotion u posted in a forum
forums outside of cryptocoin business are prefered! tell ur bodybuilder club or the local chess community in ur city or the tupperware fanclub
a promotion posting should be comparable to the stuff i bombard u with here on each page
but u can and should adapt wording fit to the audience in the forum u post it
hero member
Activity: 896
Merit: 520
So there is only two pools left?
Danbi and miningfield.com...
Utahjohn pool is gone.
And so are my diamonds.
Boy did he cut the cord fast.
Here is alittle morning news.


http://www.straitstimes.com/news/world/europe/story/blackmailers-threaten-czech-republic-ebola-outbreak-bitcoin-currency-2014102


how come your diamonds are gone ? Utahjohn took them ?
Well I can't reach the server at all or web page to cash-out.
I can only assume they are history.
legendary
Activity: 1414
Merit: 1013
DMD info: https://diamond-info.github.io/
I do not think that the system bitshare (protusahare) will live 30 years. They write that they have no premaine. But I remember how this coin appeared on the site coinmarketcap.com with inflated capitalization of 5 million and created the blank coins. They produce dust in the eyes people mind plunging into intricate explanations of questionable technology.  Cool

In the modern world Crypto currency too many dirty players. they are ready for anything that would make the money selling air. (Nxt, ripple, PTS) A good example for this. Their creators are experienced puppeteers dreamed of the own island and ready for anything that would pull money of unsuspecting users Bitcoins ..
Good that Diamonds are free of this and Pow + Pos system is still the best solution for future success.
legendary
Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds
this deserve a place on next thread page too
same as a link to the last review of DMD on
http://blog.btcgermany.eu/why-you-should-invest-in-diamonds-dmd/

Coinrollout Plan updates 2014.10.20 in Blue

VISUALIZATION OF DIAMOND ROLL-OUT PLAN
(TOTAL COINS AND POW/POS COINS PER MONTH)




RED LINE = new coins each month produced by POW (numbers on right side)
GREEN LINE = new coins produced each month by POS (numbers on right side)
TOTAL COINS (numbers on left side)
numbers on bottom of graphic are the months (the graphic represent a 30 year timeline)

i think for now market price is driven by insta-selling miners
daily *1500 diamonds have to be bought if people would sell instant


At the moment the buy pressure is way more than the sell pressure which result in a constant gain of value

but keep a closer eye on coin specs and check how coin roll-out will develop over next 30 years

beginning with total coins 450000 a 50% POS will be simultaneous active with the 1 DMD POW reward each block
and start the diamond rush (BLUE CIRCLE) on pic

if u analyze that u can see that this POW mining paradise only last a few months
(to be exact until 1 million total diamond are existing)
later most of coins are produced by POS  (GREEN ARROW) and to do so u need to have diamonds

everyone who sell 1 diamonds instant lose like at least 2 diamonds.....
because every diamond u mine now would at least double if u keep holding and pos it over time

or as a community member said buy 1000 DMD and see them grow 10 DMD each week by POS additional to the market value gains

the whole design of diamond is to be a wealth storage coin aimed to be a good investment

i  hope this visualization of coin specs long-term effect of  on coin roll-out
can help u realize how valuable diamonds will be once POW is reduced by 90%
and high POS will be main source of coin creation

that coins are required to create more coins (POS)
will be the reason for lower availability of coins on exchanges and increasing prices
remember only coins in ur wallet gather coin-age and can generate POS rewards

Additional http://multipool.bit.diamonds/ and DMD Cloudmining see details below create daily Buy pressure and backup the coin value growth and stability

The upcoming partnership with noblecoin marketplace and their great e-commerce possibility
the start of a DMD-Groestl Algo merged mining family
and community driven sideprojects like DiamondOS (USB-Bootable DMD Wallet)
or upcoming online wallet / Android  Wallet / etc etc

let the future look bright for DMD Diamond



Second half of month is referal bonus 2% of investment u did refer to us (and the investor get 1% bonus shares for tell us a referer wallet)
time to spread the news!

http://multipool.bit.diamonds/
[email protected]



What's the best way to invest into DMD?
In my opinion you should split your investment into the following:
By buying 50% DMD direct and 50% into DMD Cloudmining
This way you can maximize your profit and stabilize the coin.
http://multipool.bit.diamonds/
[email protected]

Also by providing your referrer wallet address we can make sure both the investor and referrer both get bonus shares.

Got no referrer still want the bonus shares? Ask for a referrer here someone sure willing help ya get bonus shares.


legendary
Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds
i don't know what drive the price rising,not many coins on exchanges,people are holding coins and playing the POS game?

we have lot miners who this time say they earn more with POS than with mining
1000 dmd generate 10 dmd each week......

its one of the ways how DMD Diamond generate demand and increase price

demand created for coins as a "way to generate coins"
this remove coins from exchange and have in wallet for minting
additional buy demand via dmd multipool and dmd  cloudmining
and everyone know with 1000000 total coins POW rewards will reduced by 90%

this is the magical point at 1000000 before we reach it we need to achieve a few goals

get merged mining running and have at least 1 attractive POW reward coin
be part of the family to make sure all coins be protected by high hashrate

expand dmd cloudmining hashrate to a giant who backup DMD Diamond further price development
and a giant who dont lose strengh by steady use part of its earnings for reinvest into new hashrate

the dmd cloudmining u see now is just tiny like 17000$ value miningpower
my goal is at least over 100000$ in 2015 and it could be happen we reach much more

we cant predict how the impact will be once we start active promotion of DMD Cloudmining as investment
into the new economy shift that happens for everyone without any crypto knowledge required
legendary
Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds
cryptonit
How about DPOS system?
As far as I know there it is possible to disconnect a mining and a coin will be completely eco-friendly and economical.
I badly understand therefore decided to ask.

what kind of stability we would offer to investors if we switch our specs each few months?
Diamond Hybrid POW/POS have lot time invested in its design
and its (one of) the best hybrid security systems existing

maybe will add something to actual system but dont replace it
for now we can see that the coin rollout speed is slower than estimated
so it could be that we add additional ways to earn coins
to be back on track on our 30 years timeframe release of 4.3 million coins plan

i dont say its impossible someday we leave the POW/POS path
but i say if it will only happen in a as close as possible copy of the coin rollout plan

on coin rollout plan people can trust and with that people can calculate

for now even longterm i cant see us leave the POW/POS path
basical we in middle of improve and expand this by create partnership with merged mine-able sistercoins
hero member
Activity: 774
Merit: 554
CEO Diamond Foundation

cryptonit

How about DPOS system?
As far as I know there it is possible to disconnect a mining and a coin will be completely eco-friendly and economical.
I badly understand therefore decided to ask.




There is no need for delegated proof of stake in Diamond. Diamond is not designed to be a micro payment coin where speed of transaction is crucial. Bitcoin is so much slower and has worked just fine. Diamonds 6 minutes confirmation time is fast enough, besides merchants can accept payments with lower number of confirmations if they wish so.

Quote
DPOS allows the network to reap some of the major advantages of centralization, while still maintaining some calculated measure of decentralization.
which shows that you sacrifice decentralisation for speed, which leads to security concerns. It's easier to take down 100 servers than unknown number of decentralised confirming nodes all around the world. What's more the coin dev would have to have full trust in such nodes which means some sort of overseer over them which would cost a lot of money to upkeep and maintain.
hero member
Activity: 742
Merit: 500

cryptonit

How about DPOS system?
As far as I know there it is possible to disconnect a mining and a coin will be completely eco-friendly and economical.
I badly understand therefore decided to ask.


legendary
Activity: 1414
Merit: 1013
DMD info: https://diamond-info.github.io/
i don't know what drive the price rising,not many coins on exchanges,people are holding coins and playing the POS game?

Pow + Pos today wisest system. It allows you to avoid unnecessary speculation and is able to attract the attention of everyone. You go to the bank and put the money on deposit for a while, hoping to make a profit. But there is no guarantee that the bank may change the terms or just put a portion of your earnings in his pocket. In crypto currency, all coins are yours. And no one will climb into your pocket.
Why constantly jumping price on most coins? People try to make the money creating a speculative wave. For payment services and shops is a big problem. System Pow + Pos allow to rethink the approach. In fact, such a system is the crypto asset. And allows the owner to earn revenue from their coins. But the system will only work if it is carefully designed. Developers well well analyzed coin. Fast convenient and reliable in security. It is not like in the case of infinitely and slowly PPC and NVC (coins in the system can be several billions). Among other coins is the best choice.
hero member
Activity: 609
Merit: 500
DMD,XZC
i don't know what drive the price rising,not many coins on exchanges,people are holding coins and playing the POS game?
legendary
Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds
Thx again for the quick answer! One last question: does anyone know a way to do a job and get paid in DMD ? I haven't found any website with job offers in DMD! Huh

what are ur skills what can u do for DMD?
give me a example of something with value for us and i will think about a possible reward

DMD is against giveaways for nothing
we did run such a thing once in the past and that made some indonesian internet cafe people happy
which did provide cryptsy wallet and instant sell the DMD

this is wasted DMD and time

if u have better ideas let me hear them

edit:

what we could use is people with lawyer knowledge supporting us create DMD Diamond foundation as a company

and people able create and execute a marketing campaign for DMD Cloudmining

target audience we want to attract people ouside of cryptocrowd

edit2:

everyone welcome give us his ideas about some kind of "work"
we could give new people to get their hands on a few diamond
where they deliver something of value in return
and it should be without administrative nightmare
legendary
Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds
Great ! Thx for the answer  Grin ! What about my question on Cloudmining ?
write a mail [email protected]
i send ya a example contract

in short words DMD Cloudmining is take part in a supportive act for DMD Diamond
where for each invested $ u get 1 DMD Cloudmining share

it work that way that all invested money is used to order cloudmining hashrate
in lifetime and 5 years contracts from multiple providers and with B2B conditions
and 70% of the earnings of this cloudmining contracts will be transformed into DMD and send the investors
(based on the amount of shares they own) as rewards for support DMD

the supportive act of DMD Cloudmining is that it create buy pressure on market and by this create price stability and a slight upwards trend

30% of the earnings of DMD Cloudmining will be used to order new hashrate and counter increasing diff
and enable DMD Cloudmining to adapt to always the best new cloudmining offers for expand its hashrate
the ammount of $ value used for reinvest and increase hashrate will be split between existing DMD Cloudmining investors as free reinvest shares and increase their cloudmining shares

basical if u wana spend a few hours each days research best cloudmining prices
and u able get a B2B deal with cloudmining providers
and u then exchange earnings into DMD and keep a share for reinvest
u can do that alone by urself too
but with tiny amounts u not able get good deals i guess
and the work we spend into it is only justified if u handle a bigger ammount of $

who would invest lot hours each week for his 100$ become maybe 120$ at end of month.....
the time is more valuable than the gains




legendary
Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds
I have another question ! Can anyone explain me in more detail what is DMD cloudmining ? Also, I am surprised about something: once I minted for the first time, my wallet got a transaction of some DMD coming in, thus making minting impossible for 7 days because the new coins were not mature... Apparently, older coins cannot just keep minting... All coins must be mature... So if I receive a transaction, I must wait 7days again. Am I right ?

If I could have a detailed answer for my first question and a simple one for the second, it would be great  Grin ! Thx!  Smiley
If you send a coin out of his wallet to any address, then you have to wait 7 days before you can receive dividends (Mining mode Pos) This is true, since the sale of your coins for a while depriving you of income.
This can be compared with the of short-term deposits in the bank. If you take your contribution at earlier than the allotted time, you lose all interest thereon.

I believe my question lacked precision. What I meant is that the amount newly arrived thx to the minting (the result of the minting) prevented me from minting for 7days because newly arrived coins weren't mature. Why can't minting continue with the rest of coins wich stay on my wallet and have been there for a month ?

hmm how i explain it......

lets say ur wallet is a real wallet

u have in ur wallet

a 5 dollar coin age 1 day
a 2 dollar coin age 2 day
a 1 dollar coin age 30 days

the age is how long the coin is in ur wallet "untouched"

now someone give u another 1 dollar coin

ur wallet locks like that

a 5 dollar coin age 1 day
a 2 dollar coin age 2 day
a 1 dollar coin age 30 days
a 1 dollar coin age 0 day

as u can see the other coins dont lose age.....

now lets say u wana give someone 2 dollar
what coins u touch to destroy the lowest amount of coin age

lets compare the posibilities

if we touch the 5 dollar coin age 1 day we destroy 5 days coin age after the transaction we would have 3 dollar coin with 0 days coin age the rest of wallet is untouched

if we touch the 2 dollar coin age 2 days we destroy 4 days coin age

if we touch the 1 dollar coin age 30 and the 1 dollar coin age 0 we would destroy 30 days coin age

so we choose to give the 2 dollar coin away and the wallet look like this again we can see untouched coins dont lose their coin-age

a 5 dollar coin age 1 day
a 1 dollar coin age 30 days
a 1 dollar coin age 0 day

now lets say we POS successfull and the 1 dollar coin with coin age 30 days earns 10 cent POS reward
we need to touch the 1 dollar coin move it in "stake" mode it lose all coin-age once stake mode ends wallet looks like this

a 5 dollar coin age 1 day
a 1 dollar coin age 0 day
a 1.1 dollar coin age 0 days

as u can see the 5 dollar coin still own its coin age because in all the wallet operations we did until yet it didnt get touched


hope this help ya understand how it works

if ya wana see this coin pile im talking about activate in settings options display coin control

and if ya then go into "send coin" tab u see "inputs"

there u can see the coin piles of ur wallet and how old each pile is (date since it is untouched)

more details about POS here:
http://bit.diamonds/community/index.php/topic,46.msg376.html#msg376

ok i guess i need a last example to describe anther case
3 days later our wallet look like that

a 5 dollar coin age 4 day
a 1 dollar coin age 3 day
a 1.1 dollar coin age 3 day

and u need give 10 cent to someone
the result will be this

a 5 dollar coin age 4 day
a 1 dollar coin age 3 day
a 1.1 dollar coin age 3 day
a 0.9 dollar coin age 0 day (change returned)

it was the lowest possible amount of destroyed coin age to select the 1 dollar coin
but still the leftover 90 cent lost their coin-age because the coin was "touched" = involved in a transaction

legendary
Activity: 1414
Merit: 1013
DMD info: https://diamond-info.github.io/
I have another question ! Can anyone explain me in more detail what is DMD cloudmining ? Also, I am surprised about something: once I minted for the first time, my wallet got a transaction of some DMD coming in, thus making minting impossible for 7 days because the new coins were not mature... Apparently, older coins cannot just keep minting... All coins must be mature... So if I receive a transaction, I must wait 7days again. Am I right ?

If I could have a detailed answer for my first question and a simple one for the second, it would be great  Grin ! Thx!  Smiley
If you send a coin out of his wallet to any address, then you have to wait 7 days before you can receive dividends (Mining mode Pos) This is true, since the sale of your coins for a while depriving you of income.
This can be compared with the of short-term deposits in the bank. If you take your contribution earlier than the allotted time, you lose all interest thereon.
7 days is not such a long time, but it was able to many think carefully about the meaning of the sale of their coins and prevent pump and dump situation which exposed most popular Pow coins.
Pos system is an excellent mechanism prevents strong wave fluctuations in value and brings its owner a long and steady income.

Incoming transactions should not affect the mode of coinage  Pos. Spoil the process of coinage can only outbound transaction
legendary
Activity: 1414
Merit: 1013
DMD info: https://diamond-info.github.io/

Hi,

- Make sure you're using the correct miner: http://sourceforge.net/projects/diamonddmd/files/sgminer_diamond_v4.1.0.zip/download

- Use the example configuration to guide you, launch your miner like this:
sgminer.exe -k diamond -o stratum+tcp://dmd.miningfield.com:3389 -u Weblogin.WorkerName -p WorkerPassword --difficulty-multiplier 0.0039062500


s. http://www.miningfield.com
t. https://www.twitter.com/miningfield
f. https://www.facebook.com/miningfield
DMD Pool. http://dmd.miningfield.com
Thank you, I successfully solved my problem.
legendary
Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds
the month close the end
if DMD Cloudmining investors still wana claim a a part of october free reinvest shares
its time to invest now!

we accept BTC investments too!
which would be now the only way fast enough
to arrive in time for october free reinvest bonus

[email protected]

http://multipool.bit.diamonds/
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