Topic: [ANN][NOTE]DNotes - Celebrating DNotes 3rd Birthday - Forum Now Open - page 227. (Read 814578 times)

Still working on the first couple pages, but the bitlicense has been released.

'Bitlicense' rules regulating bitcoin released

The 44-page document of final rules released Wednesday explains such details as cost of an application ($5,000) for a license, as well as what the license will allow companies to do.

http://www.dfs.ny.gov/legal/regulations/adoptions/dfsp200t.pdf

Source: http://www.usatoday.com/story/tech/2015/06/03/bitcoin-bitlicense-lawsky-rules-final/28405317/

     The first time I met Alan (Dyna) was in the year 2000 (I think). At that time he was using this funny little PC, he called it the DTR. It was the start of a lifelong friendship and partnership. He learned a little from me, and I learned a LOT from him. I have always felt as though Alan and I were destined to do something big together . With ALL of us in the DNotes community pulling the rope together, we, as a group, are destined to CHANGE THE WORLD. I congratulate all of you for a job well done, and you all deserve to have that warm feeling inside that we are changing the world for the better. Congratulations.

Smokey

Welcome to the DNotes forum BitcoinForumator!

I understand your concern. However, DNotesVault, unlike a web wallet or exchange, does not store any coins online and all withdrawals are audited and processed manually using dedicated offline computers. It is the highest level of security currently available.

We also have in place security procedures for withdrawals for personal security, including double verification for larger amounts, and personal identity verification if provided by the user. As well as the typical 2FA.

The DNotesVault is meant to be a vault specifically for long term storage. There is a 24-48 hour withdrawal procedure, any users looking to move DNotes actively and instantly will need to use another method of storing their coins. Eventually the DNotesVault will provide options for both quick transfers and storing small amounts for immediate release, as well as the long term storage options.

The DNotesVault also offers a 100% matching guarantee fund with publicly view able addresses to provide depositors with peace of mind.

Hey guys, I have a question, correct me if I'm wrong please. As I understand DNotesVault is centralized, therefore it's sort of like a bank and consequently not secure to store DNotes for long time?

That certainly brought back lot of memories. I do have a few working DTRs including one with voice recognition. Dauphin Technology was an amazing technology company.

DNotes will be even more amazing, with significantly more opportunities to expand globally. It may take a while for others to understand DNotes' true potential. DNotes will be the digital currency for global commerce. It will be supported with its own global ecosystem along with other infrastructures provided by third parties.

Within a few years DNotes will start to dominate and become a power house in global commerce. That is why DNotes is positioned so different. It is a lot more than just a digital currency. Our phase one is to differentiate and build a valuable brand grounded on trust and integrity. Phase two is to create a commercial enterprise with growing fundamental value to substantiate the increasing value of the currency. I am of the strong opinion that it is wonderful that DNotes, the currency, is based on a peer to peer decentralized consensus system with verifiable public ledger for any interested party to examine. While managed as a business, it is not controlled as a business.

I can tell you from my experience with Alan, no goal is unachievable and he will find a way to make it happen. He is a tenacious and hard working visionary.

One of the goals I had at Smokey's was to help him as much as I could, so I could free up his time to help us move forward faster and learn from him.

I actually remember seeing that link in the past after having searching probably Dauphin DTR in google. I also recall being a bit confused when it said Korean when I was pretty sure I'd heard Chinese / Malaysian.

I saw one of Apple's earlier computers nearly being thrown out and selling for 200k or something in the news? It wouldn't surprise me if you had a couple DTR's lying around the house!! Should get them appraised if you do! Computer history right there.

Also, semi related to computers - I saw a film called 'the imitation game' a couple nights ago (really good). It was about Alan Turing and his quest to create a machine (is it accurate to say first computer?) that could  break the enigma code. I learned that computers were originally called 'Turing machines'. I was born in the wrong generation to take part in the oil boom, the industrial boom, the Computer industry revolution, and the dot-com bubble, but I will be here to take part in the Blockchain explosion.

DNotes = ecosystem of building blocks = built 'block, by block' into a block-chain

Interesting find:

I came across a piece of history, with a minor error worth correcting. Alan Yong is Chinese, not Korean. He came from Malaysia to the United States in 1971 on a full YMCA scholarship to study at George Williams College, now part of Aurora College, in Aurora, IL. He later studied at Northern Illinois University where he received his MBA in 1976 and started his first business; May Ling restaurant in Glen Ellyn, Illinois.

**************

DTR:

(Korean businessman) Alan Yong founded Dauphin Technlogy in 1988. For years afterward, Dauphin had been a seller of high-performance color laptops, including their $10,000 color 386SX laptop from 1990.

Things were looking-up for Dauphin, who in 1992 become the Pentagon's largest supplier of laptop computers, winning a huge $395 million contract.

At the January 1993 Pen Expo in San Fransisco, Dauphin introduced their DTR-1 (Desk Top Replacement) hand-held pen-based computer, at the time considered the world's smallest 486 computer, and one of the first palmtops to run Microsoft Windows.

Read More:

http://oldcomputers.net/dauphin-dtr-1.html

Yes. As already stated by Chase, this would be to the benefit of all parties in the transaction.

I think both of these would be amazing features that no one else has as far as I know.  Both features forces the charity to hang on to the DNotes for a while as opposed to immediately dumping it for fiat.  It won't take them long to see that hanging onto them results in a significantly higher contribution dollar wise.  It also allows someone to make a contribution now while the price is low and have it turn into a larger value (in dollars) for the charity when the funds are released.  It also contributes to the long term sustainability of the charity as multiple timed send and future release contracts keep paying out for years.

I have been very busy all day working on a number of other projects. "Trust and stability" are propelling DNotes to become a valuable brand, being recognized by more and more people. Our long term appreciation needed a little explaining that I encountered dealing with others. Actually. it should not be that hard to understand. Historically, if you purchased and hold DNotes as a long term investment, at some point (months later) it is always worth more than what you paid for. That makes DNotes a good store of value. I believe that within a year DNotes will be proven to be a good medium of exchange. Following that other valuable attributes of DNotes will become apparent; making DNotes superior to fiat currency in relation to the full functions of money; as a unit of account, as a medium of exchange; and as a store of value.

Excellent ideas RJF. This way any user could donate to any charity they are interested. It would also open up communications with the charitable organizations.

Would you want the option of timed send and/or future release date?

I'll take a shot at this:

A web page and database could be setup on the DNotesVault site for this. Create a web form that captures the following information:

1. Name or handle/nickname of person making donation or anonymous.

2. Name of target charity

3. Target charity email contact info

4. Amount of DNotes to donate

5. Generated address to send the DNotes to. (where they will wait for collection)

6. Message to send with notice of pending donation. This one is most important, this is where you sell DNotes and crypto in general.

After filling out this form, the system asks for the send of said DNotes and basically goes no further until it verifies DNotes have arrived in said address. (this could also be further automated) At that time, the system sends a thank you email to the donor verifying the deposit and sends an email to the charity with the donors info (if given) and the amount of the donation. This includes an explanation of what DNotes and cryprocurrency is, the address the Dnotes are held at, how to signup for vault account or, download and install the wallet and contact info for DNotes staff. The system could also create a vault account for the charity and send login info but there would need to be some sort of verification that the "charity" is who they claim to be before they could withdrawal.  

It must be made clear that there is a time limit to collect the DNotes after which they will be sent back to the donor.  It might sound complicated on the surface but, being fully automated, would basically maintain itself and send timed reports to staff.

It could all be incorporated into the vault system but, I think allowing entities to download and use the wallet might be a good idea but not required. The key here would be regular, automated, checks to see if the DNotes in the donation address have been removed or partially removed or even accessed. If absolutely no access within say 30 days, the Notes go back to the donor. You could even create a vault account and put the DNotes there with the same stipulation, 30 days no contact, account erased and DNotes back to user.

Basically, this system would run itself without much intervention if any. It could be used for whatever type of sending you want outside the charity idea and could become a larger component of a DNotes online bank or crypto services site in the future.

If it gets popular, an api could be used to seamlessly integrate the charity with the system taking everything to the next technical level. APIs could be developed that would integrate with any charitys website for direct exchange of DNotes from donar to institution. This system would require marketing to get the word out and education to convince organizations that these digital tokens can be used/converted/saved like current money.

If it gets popular, an api could be used to seamlessly integrate the charity with the system taking everything to the next technical level. APIs could be developed that would integrate with any charitys website for direct exchange of DNotes from donar to institution. This system would require marketing to get the word out and education to convince organizations that these digital tokens can be used/converted/saved like current money.

Come to think of it, a smart phone app could be created to do basically the same thing like buy 1000 DNotes and we will send 10 to the charity of your choice, stuff like that...

and

the beauty of this system is that it makes first contact by itself based on the donor's preference of charity. Lots of organizations would learn about DNotes while good work is being done by users. Of course the system would need to check if a certain charity has a donation pending and inform the user of same to eliminate many small accounts for the same organization. Once an organization responds then users wishing to make a donation to it can post the DNotes to the established account or address which would be available from a list of active organizations receiving DNotes donations.


Just my 2 cents...

PS: This is what makes DNotes different.This is the "technology" others don't have. Like the saying goes: "It's not necessarily what you have, it's how you use it." It's an integrated system with every part supporting every other part. That's why we will meet and exceed our goals in the future...

Still working on tweaking the CRISP for Employee Incentive Benefits program to make it more seamless and easy to use. In the meantime, if anyone has any ideas about how they would like the CRISP for Charity program to be designed, please let us know.

Here are some example questions to help get the ball rolling:

How would you like to be able to donate DNotes to your favorite charity?

How can the DNotesVault help charitable organizations manage their funds?

How can we help entities who are looking to donate to charities?

yep just a forked clone diluting power of other proyects innovative proyects and giving bad image for comunity. The ecosistem without scams ponzys thiefs ect ... shoulbe greatly powerfull that we not recognice it. But actually is very diluted i not have faith for more than 7 seven coins proyects. and only have a bet in 2 of them.

I haven't looked into that one, but that is disappointing to hear people are still creating these types of coins.

this bitcoin xt i read some weeks ago ... dev scam lot of people and run, and later some personalitys in forum take it to refloat and not loose money, and now this man wanna tranfer bitcoin to bitcoin xt ....

this kind of things really smell bad, what this man do for bitcoin, what problems he resolve? yeah maybe is a silence to response that. Sure fundation fill his pokets with money and make some big lobbist friends in there, but not have nothing to do if community keep alert.

It is important to remember that technology always evolves and get better. I am less concern about the technical issues but far more concerned about the political issues. It would be best if the Bitcoin community can work well together to come up with the best solution, instead of fighting it out.

That is exactly what I am talking about.  The banks issued way back when their own currency, then the feds came along and introduced a currency which was now universal.  Everyone had the same currency in their pockets and this is no different.  It is just getting consumers AND businesses on board.  Once businesses realize how much it will save them more and more will begin to accept it.  Somewhere along the line someone mentioned about how the country has been built and still runs on small business.  That I believe is one key issue, getting small businesses, which are basically people who came up with an idea for a business but may not be business people and hung a shingle out for their business.  When small talk around the cooler includes "hey did you hear about this currency that does not cost you nearly what you are being charged today to accept payment", begins and they realize they can put that money back in their business or their pocket and realize we are talking about a large amount of money, then things will take off.  With the trust issue, when they realize it is more trustworthy than any other form of currency I think many will have that AH-HA moment.

So, they want to increase block size from 1Mb to 20Mb to make Bitcoin faster by being able to handle more than 7 transactions a second. The most obvious problem I see is blockchain size and the amount of space needed to store same on you device. At some point, I can see a situation where a full copy of the ledger will not be downloadable or, will take so much space that smaller devices won't be able to handle it.

I think they need to work on this prior to trying to scale Bitcoin to match the credit cards with their hundreds of thousands of transactions per second. One entwines the other, fast blockchains need to be small and agile, thousands of transactions make huge slow blockchains. This is a problem within the design itself but, not insurmountable. Some work has already been done on partial copies of the chain, compression and offsite storage. Problem is some of the current "solutions" centralize the blockchain and defeat the purpose of Bitcoin, decentralization. To solve this issue is to push crypto to the next technical level...