Topic: [ANN][NOTE]DNotes - Celebrating DNotes 3rd Birthday - Forum Now Open - page 187. (Read 814541 times)

I will be gone too. Having lunch with a few local Bitcoiners.

Excellent! Moving up quickly.

By the way, I may be away for a bit today. Having problems with my cell phone, so I have to take care of that asap.

Voting update at Cryptsy:

DNotes  -  24,000 VOTES!!

That is correct. If the lack of "Transaction volume" is inherent to early stage of the development, time will correct the problem. If this is the result of structural problems and other pitfalls, we can wish for as long as we want, but Bitcoin and digital currency will not achieve mass acceptance, until those problems are resolved. There is already a very clear shift of sentiments.

By far the vast majority of the supporters and investors are now joining the Blockchain bandwagon. The majority is always correct. Blockchain is where a lot of low hanging fruits are and there are fruit trees everywhere. I am the only lone wolf who have publicly stated that we are witnessing the greatest technology revolution in the history of mankind and it will lead to massive job and wealth creation.

What I am most excited about is that with a truly trusted global digital currency purposely built for everyone worldwide to participate, we will be adding an immensely valuable dimension to an amazingly innovative distributed consensus ledger technology that is also a smart communication protocol capable of understanding, transmitting, executing, storing and retrieving any digital records or properties, including digital currency such as DNotes.

Anyone can start a new business to exploit the enormous potential of the Blockchain technology, and there are many exciting opportunities. The most rewarding of all, I believe, is building the trusted global digital currency for everyone to participate. This by itself has world changing implications. For the first time in history, the opportunity to participate is not limited to the rich, well connected or only those comfortable with technology. DCEBrief mission is to educate, inspire, remove barriers, collaborate, facilitate and provide equal opportunities for all in a global scale. It may take a generation or two to achieve the ultimate goal where DNotes transactions are between two parties anywhere in the world; no middle; no currency conversion with near zero network fees. Equal pay for equal product and services no matter which corner of the world one is located in. Letter of Credit will become the facsimile machine of the past. It will be completely replaced with scheduled “Time Send” or smart contract. Sales tax, VAT, etc ..? It will be deducted and credited to Big Uncle’s account in real time. ….. That is DCEBrief in the making, covering only issues that matter.

"The ultimate and core mission of DNotes is to reach the point when most DNotes transactions are truly between two parties without a middleman irrespective of where the two parties are located." [My italics]

'Transactional volume' is what we've been strugglin' towards since Day One.

DCEBrief will be covering a very long wish list as we get established. We will be covering the "ideals", the hurdles, and the pitfalls. There are many obstacles confronting Bitcoin and digital currency from mass acceptance. Bad consumer or user experience is a vital consideration to avoid. May be that is the primary reason why the credit card companies are not that concerned about our industry and everyone is jumping into the Blockchain bandwagon. Don't get me wrong. Blockchain related business opportunities will be massive and DNotes will be a major player. Our primary focus at this time is to be the trusted global digital currency that will be superior to fiat currency. How do we go about doing it is a huge strategic and logistic challenge few would care to under take. It is a massive undertaking but highly essential and immensely valuable.

There are many "good ideas" being tested including the nanocard. If that is the best we can do, our argument that Bitcoin and digital currency transaction has a significant cost advantage is fundamentally fraud. When conversion cost, fees, and risk of currency lose are all factored in, it is often more expensive than using other forms of payment. That is the primary reason why actual use of Bitcoin as a form of payment has been far below what the industry had wished for. It is far from being cost effective. Strangely, we are reintroducing more middlemen in certain cases resulting in higher fees.

The ultimate and core mission of DNotes is to reach the point when most DNotes transactions are truly between two parties without a middleman irrespective of where the two parties are located. That is what happens when everyone accepts DNotes. Being the global digital currency is what it takes. That is what we are striving for. DCEBrief is our next building block. Get ready.

"But just for have a global fiat pair for DNotes should be great."

Yeh, infovortice. No argument from me over this one. It's a big big step in a crypto's development.

Mark

Please check PM.

The top 5 CRISP for Kids addresses received 1,000 DNotes, the 10 random chosen winners received 500 DNotes, and each of the other funded accounts with more than 100 DNotes received 100 DNotes.

Congratulations to all the winners!

For money users and potential entrepreneurs alike:

"We shouldn’t delay forever until every possible feature is done. There’s always going to be one more thing to do."

- Satoshi Nakamoto

Im playing in CCEDK for a month with fiat and tokens without problems, nanocard still not running i think sometime legal burocratics for this take time. But just for have a global fiat pair for DNotes should be great.

Really im curious and like to know more about your familiar with bitshares involvement and Ronny .


Situation in allcoin is ballbreaking, sure.

What I meant to say in the above post, is that it seems like all anybody talks about in media are these silly headlines to grab attention: "5 reasons Bitcoin won't work" or whatever, followed by a list of standards crypto isn't meeting. There is no way near enough focus in printed media given to ideas or solutions involving overcoming these obstacles - which is a much more interesting, positive and productive conversation to have printed.

I'm glad this forum is a place where the conversation centres around solutions, rather than just stating problems! What was it? "If we don't care to be, we will never be" - That is what those articles sound like to me.

I had a brief gander at the points made.

Centralization of Bitcoin / Crypto - Really unfortunate, may need to move to a fee structure for miners, or create a blockchain that operates on a "bonds / shares" model, where the hashrate or number of miners is limited. This could most effectively be run as a 'sidechain', and there could be, say, 10 thousand people allowed to be miners, all with a set hash-rate with proprietary software where a special code 'unlocks' the use of for a duration of one year. At the expiration of that year, the contract is tendered again, and a new code is generated to allow a miner to operate on the sidechain. This way, every miner would have 'equal' hash-rate (unless they purchased several miners), and each miner would either permanently own, or short term lease a 'fixed' number of mining slots available. This would both reduce the power consumption of the blockchain, and make a 50% attack much more difficult. There are many better long-term solutions to this problem though, the one mentioned is merely a band-aid. I'd prefer to see a newer and better decentralized model that doesn't waste electricity unnecessarily.

Bad actors? Well for the most part, that is a branding issue and DNotes is working to improve it. In a year or two, DNotes will be heavily featured the way Bitcoin is in the MSM.

Reactionary regulation? Well DCEbrief.com hopes to become an industry leader in closing the chasm between entrepreneurs, technology, and regulators. Our community and participants at DCEbrief.com can make a meaningful difference to the future stance governments take on crypto. There will definitely need to be much in the way of positive emphasis on what crypto can do for Government, and... politicians.

Poor mobile platform support? Yup well it's really sad that Google and Apple are not allowing Bitcoin to compete, but it is not entirely unsurprising. This would have been a prime strategy on account of Visa / Mastercard to sign up the companies that run the mobile Operating Systems and get them on board with their own mobile payments - which would give incentive to eliminate competition. The really sad feature, is that Chrome OS (Googles mobile OS) is supposed to be, and support open source. The community will either need to operate on mobile software available in the apps stores for the time being, support a new OS that is truly open source, offer the software in unofficial formats to get the ball rolling (once Apple and Google see money is to be made, they may offer the app), OR rely on multi-currency cards using NFC etc on existing terminals. Companies mentioned in this forum are beginning to make these jumps, but none have yet offered a holistic approach that does every single thing people need crypto companies for:

We need a company that can turn USD into crypto, then act as the facilitator of transactions and merchant payment that charges near-zero fees for transactions world-wide in an aggressive push to win market-share. Customers don't want to waste time using 10 different companies for their money needs, they want to use just one. At least with the DNotesVault, potential exists to operate as a USD to DNotes exchange, merchant payments facilitator, secure online wallet, savings account, bank (lending) and investment fund manager.

With USD, some of you here may have a separate company you use for many of the aforementioned things. Traditional banks normally operate as about 3 of them - Investment, savings, lending and then they partner up with Visa/mastercard to offer merchant payments.

* My main point is: eventually somebody needs to tackle this issue and stranglehold Google and Apple are operating by either partnering with a new OS (firefox, Microsoft) or offering a service so popular that Apple and Google can no longer ignore it. Aggressive and high quality marketing, plus a convenient, holistic list of offerings will make such a company popular very quickly.

Low adoption? Yeah, this is true, but the above 'general' outline would solve that for the most part.

Rambling over.

Perfect! Thanks Chase! I will distribute the prizes in a bit.

That's awesome!!  Thank you 'Uncle Kevin'!   

Thanks, Chase. Happy Birthday to CRISP For Kids!! All that gifts and extras are from uncle Kevin.

No problem!  I used RANDOM.ORG to help me pick the following 10 lucky names:

1.  Angie
2.  Ben
3.  Doodle
4.  Lyra
5.  Roan
6.  Angela
7.  Addy
8.  Judah
9.  taylor
10.Addyson

Congratulations everyone and happy birthday CRISP For Kids!!

                       

DNotes is grounded on Trust and Integrity. That is our Brand and we are very proud of it.

I wouldn't trade on CCDEK again under any circumstances whatsoever.

And scheduled calls with Ronny didn't happen? Doesn't surprise me one little bit!

Mark (IndiaMikeZulu), Australia

I have been in direct communication with the owner, Ronny Boesing, a number of times, including a number of appointments to go on conference call on skype. Unfortunately, those scheduled calls did not come through. I am very familiar with the Bitshares' involvement. At this point, it is best for us to see how CCEDK and the nanocards are going to play out first.

Our current setback with Allcoin is sending a strong reminder that we need a lot of patience and hard work, and move very cautiously. It is fairly evident that there have been a significant amount of dumpings at Polo over the last three weeks. We just can not establish where the increased supplies of DNotes have been coming from.