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Topic: [ANN] ¤ DMD Diamond 3.0 | Scarce ¤ Valuable ¤ Secure | PoS 3.0 | Masternodes 65% - page 697. (Read 1260677 times)

full member
Activity: 175
Merit: 100
minting question.

If you run the SAME wallet on multiple machines does this increase your chance of minting a coin ?

yes

but u wont earn more rewards
u just improve the luck aspect which wallet will be able mint next block a bit

over all it doesnt matter if u mint the block today ot tomorrow
but basical it allowed have the same wallet active minting multilke times

once a block minted its minted for all wallets run the same wallet.dat so
u cant earn double rewards and mint coin-age twice

maybe somehow related i have this question to community

we could have a android wallet unable to mint pretty easy

So can coins earned by minting in turn mint new coins ?

If so then I guess there would be a benefit to minting as soon as possible to get coin age ?



would it be acceptable for u to be required run a pc wallet for minting and a android wallet that can be used as easy and always in ur pocket payment solution?

going for pos able android wallet would need lot efford and still pos have lot disadvantages on mobile devices like power useage and data traffic


full member
Activity: 145
Merit: 100
Just like to give a shout-out to cryptonit and danbi!
This coin first got me into crypto and though I now spend considerably more time on other currencies, this is the only one I trust and buy and hold.
If it wasn't for cryptonit and danbi, this coin would of fallen away as far as I can see, not to take away from other believers efforts. I will continue to support this coin and invest as I may! Thank you very much guys!
Chilo
legendary
Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds
minting question.

If you run the SAME wallet on multiple machines does this increase your chance of minting a coin ?

yes

but u wont earn more rewards
u just improve the luck aspect which wallet will be able mint next block a bit

over all it doesnt matter if u mint the block today ot tomorrow
but basical it allowed have the same wallet active minting multilke times

once a block minted its minted for all wallets run the same wallet.dat so
u cant earn double rewards and mint coin-age twice

maybe somehow related i have this question to community

we could have a android wallet unable to mint pretty easy

would it be acceptable for u to be required run a pc wallet for minting and a android wallet that can be used as easy and always in ur pocket payment solution?

going for pos able android wallet would need lot efford and still pos have lot disadvantages on mobile devices like power useage and data traffic

sr. member
Activity: 393
Merit: 250
Please note: if you somehow managed to create an longer block chain with the old wallet, the new wallet will refuse these and disconnect you.

So if you are disconnected, please download a new block chain -- either from the network or from one of the announces in this thread.

I see few nodes trying to send bogus blocks.
full member
Activity: 175
Merit: 100
minting question.

If you run the SAME wallet on multiple machines does this increase your chance of minting a coin ?
hero member
Activity: 742
Merit: 500

development team - great job!

but I can not update the new wallet Sad
old wallet minting Smiley
full member
Activity: 126
Merit: 100
easy as... quickest fix ever Smiley good job dev team... minting away
legendary
Activity: 1504
Merit: 1002
Wallet updated!  Thanks to all that had a hand in the fix.
legendary
Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds
What happens to all the block between now and 577850 if nobody mines them? Do I need to recreate my blockchain?

the blocks are generated with POS

if u have a wallet with coins in it
just unlock it for pos minting

there is no resync required
if u update to new wallet before block 577850 is reached

if u dont update early enough u will need later a full resync (or download of actual blockchain)
newbie
Activity: 57
Merit: 0
Something strange happening to wallet. Keeps producing " ? " over 100 already?
PoW reactivation will happen in about a week time - 27/28 September - block 577850
dont mine now!


Forgive my ignorance, but... Wont we get to block 577850 faster if I continue to mine? It just means all these blocks won't belong to me or already belong to someone else?

refresh this page http://dmdpool.digsys.bg/bc/ when u mine block and tell me if the blockcounter increase  Cool
and then rethink the meaning of the words POW is disabled until block 577850

What happens to all the block between now and 577850 if nobody mines them? Do I need to recreate my blockchain?
legendary
Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds
Something strange happening to wallet. Keeps producing " ? " over 100 already?
PoW reactivation will happen in about a week time - 27/28 September - block 577850
dont mine now!


Forgive my ignorance, but... Wont we get to block 577850 faster if I continue to mine? It just means all these blocks won't belong to me or already belong to someone else?

refresh this page http://dmdpool.digsys.bg/bc/ when u mine block and tell me if the blockcounter increase  Cool
and then rethink the meaning of the words POW is disabled until block 577850
newbie
Activity: 57
Merit: 0
Something strange happening to wallet. Keeps producing " ? " over 100 already?
PoW reactivation will happen in about a week time - 27/28 September - block 577850
dont mine now!


Forgive my ignorance, but... Wont we get to block 577850 faster if I continue to mine? It just means all these blocks won't belong to me or already belong to someone else?
full member
Activity: 128
Merit: 100
where can I download the whole blockchain
legendary
Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds
Something strange happening to wallet. Keeps producing " ? " over 100 already?
PoW reactivation will happen in about a week time - 27/28 September - block 577850
dont mine now!
newbie
Activity: 57
Merit: 0
Diamond Wallet 2.0.4 is here  Smiley
This update is mandatory.

Windows:
http://sourceforge.net/projects/diamonddmd/files/diamond-qt-2.0.4.exe/download

Mac:
http://sourceforge.net/projects/diamonddmd/files/diamond-qt-2.0.4.dmg/download

Source:
https://github.com/DMDcoin/Diamond


This version comes with:

1. Transform Block pacing security from POS to POW to have same protection level.

2. Configurable destination address for change, generated in send transactions. Especially useful for pools and exchanges, to eliminate the wallet bloat.
    Can be set in diamond.conf as a parameter.

PoW reactivation will happen in about a week time - 27/28 September - block 577850; until then it's business as usual.



Something strange happening to wallet. Keeps producing " ? " over 100 already?
hero member
Activity: 774
Merit: 554
CEO Diamond Foundation
Diamond Wallet 2.0.4 is here  Smiley
This update is mandatory.

Windows:
http://sourceforge.net/projects/diamonddmd/files/diamond-qt-2.0.4.exe/download

Mac:
http://sourceforge.net/projects/diamonddmd/files/diamond-qt-2.0.4.dmg/download

Source:
https://github.com/DMDcoin/Diamond


This version comes with:

1. Transform Block pacing security from POS to POW to have same protection level.

2. Configurable destination address for change, generated in send transactions. Especially useful for pools and exchanges, to eliminate the wallet bloat.
    Can be set in diamond.conf as a parameter.

PoW reactivation will happen in about a week time - 27/28 September - block 577850; until then it's business as usual.

member
Activity: 107
Merit: 13
Reggie0, I hope you will become a permanent community member. Thank you for all your insight.

----

Diamond Wallet update 2.0.4 will be realesed in the morning (UTC time). Because it's a hardfork situation PoW fix is deleyed by about 7 days so everyone has a chance to update - Cryptsy here we go again Wink


Thank you! I was since the beginings just in read only mode:)

Okay, what you think about our nActualTimespan pacing code. We are now targeting for

    if (nActualSpacing < 0)
        nActualSpacing=nTargetSpacing;
    if (nActualSpacing > nTargetTimespan)
        nActualSpacing=nTargetTimespan;

The idea is to limit the difficulty drop after a long period of inactivity. Like, for example when a multi pool has hit us and risen the difficulty way above the typical network hash rate and results in long period of no blocks found. Then, without this pacing, difficulty will drop to very low levels and a multi pool could abuse it again.

This code has been in use for PoS for months (with first case assigning 1) -- we will now make it work for PoW too.

Use a nonlinear formula, not limiting:
    if (nActualSpacing > nTargetTimespan)
        nActualSpacing=nTargetTimespan+F(nActualSpacing-nTargetTimespan);
F could be sqrt or something else which result is below the linear one's. Do simulations which gives the best tradeoff between blockchain blocking and diff. drop.
legendary
Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds
Reggie0, I hope you will become a permanent community member. Thank you for all your insight.

----

Diamond Wallet update 2.0.4 will be realesed in the morning (UTC time). Because it's a hardfork situation PoW fix is deleyed by about 7 days so everyone has a chance to update - Cryptsy here we go again Wink


Thank you! I was since the beginings just in read only mode:)

thx for ur loyal support
thats the true strength of diamond
the people

we share a dream and we work to make it come true

and our dream isnt about fast easy cash

we dream about longterm  financial freedom for any serious dmd investor
sr. member
Activity: 393
Merit: 250
Reggie0, I hope you will become a permanent community member. Thank you for all your insight.

----

Diamond Wallet update 2.0.4 will be realesed in the morning (UTC time). Because it's a hardfork situation PoW fix is deleyed by about 7 days so everyone has a chance to update - Cryptsy here we go again Wink


Thank you! I was since the beginings just in read only mode:)

Okay, what you think about our nActualTimespan pacing code. We are now targeting for

    if (nActualSpacing < 0)
        nActualSpacing=nTargetSpacing;
    if (nActualSpacing > nTargetTimespan)
        nActualSpacing=nTargetTimespan;

The idea is to limit the difficulty drop after a long period of inactivity. Like, for example when a multi pool has hit us and risen the difficulty way above the typical network hash rate and results in long period of no blocks found. Then, without this pacing, difficulty will drop to very low levels and a multi pool could abuse it again.

This code has been in use for PoS for months (with first case assigning 1) -- we will now make it work for PoW too.
member
Activity: 107
Merit: 13
Reggie0, I hope you will become a permanent community member. Thank you for all your insight.

----

Diamond Wallet update 2.0.4 will be realesed in the morning (UTC time). Because it's a hardfork situation PoW fix is deleyed by about 7 days so everyone has a chance to update - Cryptsy here we go again Wink


Thank you! I was since the beginings just in read only mode:)
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