These are worth sharing! Thank you Ember for your amazing tweets.
Couple of great tweets there Ember
Topic: DNotes 2.0 - Staking, CRISP Interest, DNotes Pay - page 190. (Read 148848 times)
Couple of great tweets there Ember
These are worth sharing! Thank you Ember for your amazing tweets.
I thought this quote from the White Paper is one of the most succinct and understandable explanations for the background sense of economic malaise that's endemic to our times:
A Look At Current Money Systems
Inequitable money creation systems lead to instability
There exist numerous problems with modern monetary economics, particularly around inflation and the economic instability that can result from fractional reserve lending and quantitative easing. These phenomena do not affect every participant equally. Economies that rely on printing money rather than production operate to the benefit of those with earliest proximity to newly printed money (the wealthy and the government who have the greatest capacity to borrow), allowing them to circumvent inflation at the expense of everyone else in that economy. This leads to speculative financial bubbles that threaten economic stability, as investment is driven from productive assets to speculative ones. This rising debt increases the chances of both private and government default.
When credit bubbles burst in debt-based economic systems, it puts stress on the banking system’s reserves — or the level of money banks hold to back the loans they create. Bank customers rushing to withdraw their savings due to collapsing confidence in the economy expose the fragility of debt-based banking systems when they discover their funds are not available because the modern banking system is a game of musical chairs. This was seen recently in the western world during the height of the Greek government-debt crisis when Greek banks closed and placed limits on ATM withdrawals in 2015, denying customers access to their own legal property.[11]
A Look At Current Money Systems
Inequitable money creation systems lead to instability
There exist numerous problems with modern monetary economics, particularly around inflation and the economic instability that can result from fractional reserve lending and quantitative easing. These phenomena do not affect every participant equally. Economies that rely on printing money rather than production operate to the benefit of those with earliest proximity to newly printed money (the wealthy and the government who have the greatest capacity to borrow), allowing them to circumvent inflation at the expense of everyone else in that economy. This leads to speculative financial bubbles that threaten economic stability, as investment is driven from productive assets to speculative ones. This rising debt increases the chances of both private and government default.
When credit bubbles burst in debt-based economic systems, it puts stress on the banking system’s reserves — or the level of money banks hold to back the loans they create. Bank customers rushing to withdraw their savings due to collapsing confidence in the economy expose the fragility of debt-based banking systems when they discover their funds are not available because the modern banking system is a game of musical chairs. This was seen recently in the western world during the height of the Greek government-debt crisis when Greek banks closed and placed limits on ATM withdrawals in 2015, denying customers access to their own legal property.[11]
Thanks Wiser. A major challenge when communicating anything when you think you have "so much" that you want to say, and throw in to prove your point, is getting rid of all thoughts and proofs that are surplus to are what is needed to save word count. It becomes not just "have I said enough" and "is it easy enough to understand", but "have I made sure not to introduce too many concepts that could confuse the reader". I believe I may have taken the base of that quote from an article that I wrote back for DCEBrief back in 2015.
That is so true with writing. I find on my projects that I have to cut, cut, cut, to its most essential component. I tend to think it's not enough, but the limited word count insists otherwise. And, it turns out, it really is enough.
What I liked most about your explanation is that it doesn't pit people against each other (a la conspiracy theory), just points out that the fallout is the inevitable result of certain structural factors in our economy. It would happen this way given that structure even if all the people involved are total saints who truly want the best for everyone (although I guess the saints at the top would be quicker to start changing the structure to better reflect their intentions).
Our exposure is growing and we are looking for your help to spread the word about our mission and cause - mass adoption of DNotes!
I thought this quote from the White Paper is one of the most succinct and understandable explanations for the background sense of economic malaise that's endemic to our times:
A Look At Current Money Systems
Inequitable money creation systems lead to instability
There exist numerous problems with modern monetary economics, particularly around inflation and the economic instability that can result from fractional reserve lending and quantitative easing. These phenomena do not affect every participant equally. Economies that rely on printing money rather than production operate to the benefit of those with earliest proximity to newly printed money (the wealthy and the government who have the greatest capacity to borrow), allowing them to circumvent inflation at the expense of everyone else in that economy. This leads to speculative financial bubbles that threaten economic stability, as investment is driven from productive assets to speculative ones. This rising debt increases the chances of both private and government default.
When credit bubbles burst in debt-based economic systems, it puts stress on the banking system’s reserves — or the level of money banks hold to back the loans they create. Bank customers rushing to withdraw their savings due to collapsing confidence in the economy expose the fragility of debt-based banking systems when they discover their funds are not available because the modern banking system is a game of musical chairs. This was seen recently in the western world during the height of the Greek government-debt crisis when Greek banks closed and placed limits on ATM withdrawals in 2015, denying customers access to their own legal property.[11]
A Look At Current Money Systems
Inequitable money creation systems lead to instability
There exist numerous problems with modern monetary economics, particularly around inflation and the economic instability that can result from fractional reserve lending and quantitative easing. These phenomena do not affect every participant equally. Economies that rely on printing money rather than production operate to the benefit of those with earliest proximity to newly printed money (the wealthy and the government who have the greatest capacity to borrow), allowing them to circumvent inflation at the expense of everyone else in that economy. This leads to speculative financial bubbles that threaten economic stability, as investment is driven from productive assets to speculative ones. This rising debt increases the chances of both private and government default.
When credit bubbles burst in debt-based economic systems, it puts stress on the banking system’s reserves — or the level of money banks hold to back the loans they create. Bank customers rushing to withdraw their savings due to collapsing confidence in the economy expose the fragility of debt-based banking systems when they discover their funds are not available because the modern banking system is a game of musical chairs. This was seen recently in the western world during the height of the Greek government-debt crisis when Greek banks closed and placed limits on ATM withdrawals in 2015, denying customers access to their own legal property.[11]
Thanks Wiser. A major challenge when communicating anything when you think you have "so much" that you want to say, and throw in to prove your point, is getting rid of all thoughts and proofs that are surplus to are what is needed to save word count. It becomes not just "have I said enough" and "is it easy enough to understand", but "have I made sure not to introduce too many concepts that could confuse the reader". I believe I may have taken the base of that quote from an article that I wrote back for DCEBrief back in 2015.
I thought this quote from the White Paper is one of the most succinct and understandable explanations for the background sense of economic malaise that's endemic to our times:
A Look At Current Money Systems
Inequitable money creation systems lead to instability
There exist numerous problems with modern monetary economics, particularly around inflation and the economic instability that can result from fractional reserve lending and quantitative easing. These phenomena do not affect every participant equally. Economies that rely on printing money rather than production operate to the benefit of those with earliest proximity to newly printed money (the wealthy and the government who have the greatest capacity to borrow), allowing them to circumvent inflation at the expense of everyone else in that economy. This leads to speculative financial bubbles that threaten economic stability, as investment is driven from productive assets to speculative ones. This rising debt increases the chances of both private and government default.
When credit bubbles burst in debt-based economic systems, it puts stress on the banking system’s reserves — or the level of money banks hold to back the loans they create. Bank customers rushing to withdraw their savings due to collapsing confidence in the economy expose the fragility of debt-based banking systems when they discover their funds are not available because the modern banking system is a game of musical chairs. This was seen recently in the western world during the height of the Greek government-debt crisis when Greek banks closed and placed limits on ATM withdrawals in 2015, denying customers access to their own legal property.[11]
A Look At Current Money Systems
Inequitable money creation systems lead to instability
There exist numerous problems with modern monetary economics, particularly around inflation and the economic instability that can result from fractional reserve lending and quantitative easing. These phenomena do not affect every participant equally. Economies that rely on printing money rather than production operate to the benefit of those with earliest proximity to newly printed money (the wealthy and the government who have the greatest capacity to borrow), allowing them to circumvent inflation at the expense of everyone else in that economy. This leads to speculative financial bubbles that threaten economic stability, as investment is driven from productive assets to speculative ones. This rising debt increases the chances of both private and government default.
When credit bubbles burst in debt-based economic systems, it puts stress on the banking system’s reserves — or the level of money banks hold to back the loans they create. Bank customers rushing to withdraw their savings due to collapsing confidence in the economy expose the fragility of debt-based banking systems when they discover their funds are not available because the modern banking system is a game of musical chairs. This was seen recently in the western world during the height of the Greek government-debt crisis when Greek banks closed and placed limits on ATM withdrawals in 2015, denying customers access to their own legal property.[11]
DNotes MINING POOL FAST AND STABLE
https://note.mastermining.net/index.php?page=statistics&action=pool
PPLNS PAYOUT
FAST REGISTRATION
FAST FIND BLOCKS
FAST PAYOUTS = HAPPY MINER
POOL FEE 0%Fee
https://note.mastermining.net/index.php?page=statistics&action=pool
PPLNS PAYOUT
FAST REGISTRATION
FAST FIND BLOCKS
FAST PAYOUTS = HAPPY MINER
POOL FEE 0%Fee
That's awesome to see you all on Steemit! I hang out there sometimes, though have been busy lately. Anyway, I set all my accounts to automatically upvote everything @dnotesglobal publishes, and when I'm actually on Steemit, I'll resteem your posts too. You could get some real traction in that community I think.
We've started Steemit & DTube channels, if you use the platform, be sure to follow DNotes Global!
https://steemit.com/@dnotesglobal
https://d.tube/#!/c/dnotesglobal
https://steemit.com/@dnotesglobal
https://d.tube/#!/c/dnotesglobal
Thanks, Wiser. Our team has been coming up with awesome ideas and executing very well. A lot of things are happening behind the scene. Our immediate priorities are DNotes 2.0, Funding, and PR campaign. We are getting a lot done. Looking great.
That's awesome to see you all on Steemit! I hang out there sometimes, though have been busy lately. Anyway, I set all my accounts to automatically upvote everything @dnotesglobal publishes, and when I'm actually on Steemit, I'll resteem your posts too. You could get some real traction in that community I think.
We've started Steemit & DTube channels, if you use the platform, be sure to follow DNotes Global!
https://steemit.com/@dnotesglobal
https://d.tube/#!/c/dnotesglobal
https://steemit.com/@dnotesglobal
https://d.tube/#!/c/dnotesglobal
CBOE Letter Responds to SEC's Concerns About Crypto ETFs
https://dcebrief.com/cboe-letter-responds-to-secs-concerns-about-crypto-etfs/
https://dcebrief.com/cboe-letter-responds-to-secs-concerns-about-crypto-etfs/
This is getting exciting! Good planning BTW.
Thank you, RJF. Over the last four years we focused on building the most essential and strategic ecosystems with a trusted brand. In our next phase we will be executing at a higher level to get the message out.
DNotes will soon become a newsworthy story to the mainstream media. But it will not happen by accident. A lot of resources are now deployed to work with the mainstream and social media. I trust that one day DNotes will be an amazing live case study for business schools. That is all part of our efforts to help DNotes gain mass adoption.
We also have Steemit & D.tube channels for "dnotescoin":
https://steemit.com/@dnotescoin
https://d.tube/#!/c/dnotescoin
https://steemit.com/@dnotescoin
https://d.tube/#!/c/dnotescoin
We've started Steemit & DTube channels, if you use the platform, be sure to follow DNotes Global!
https://steemit.com/@dnotesglobal
https://d.tube/#!/c/dnotesglobal
https://steemit.com/@dnotesglobal
https://d.tube/#!/c/dnotesglobal
DNotes 2.0 Launch Scheduled for Early April (Exact Date TBD)
POS
2% Annualized Staking Reward
Individual blocks reward will be Total Coins / 525,600
60 Second Block Target
0.005 Transaction Fee
Source: https://github.com/DNotesCoin/DNotes2.0
Directory DNotes2
CONF dnotes.conf (all lower case)
Windows and Linux wallets will be available at launch. MAC to follow shortly after.
The launch will include the following features:
CRISP Reward - 0.5% interest every 30 days. Awarded by address. Calculated on a 30 day cycle.
Automated Invoicing (First Phase) - Integrated blockchain invoice number
The next update (TBD) will include:
Deferred Staking
There will be a soft deadline where DNotes mined after that block will not be redeemable for 2.0 coins:
4/16/2018
Block# 2180897
133,574,552 Will be the total swappable amount of DNotes we create
+20,000,000 Allocated to DNotes Global, Inc for Development & Growth Fund
153,574,552 Total DNotes 2.0 Created
DNotes 2.0 Swap process
All DNotes on the DNotesVault will be automatically swapped for users. The DNotesVault will be down an estimated 2 days to complete the DNotesVault swap. There will be an extended period before and after the swap where withdrawals will be disabled, with a target of 4 days and no more than 7. So please be aware if you would like to have immediate access to your DNotes around the time of the swap, you will want to withdraw them.
All other users will be able to fill out a form or email us to perform a manual swap where they will have to send us their DNotes in exchange for DNotes 2.0.
All coins can be swapped until the Soft Deadline 4/16/2018. Including all newly mined coins up to Block# 2180897.
We have reached out to the exchanges to either briefly delist DNotes, and provide two recommended options:
1) Delist DNotes prior to the swap, requesting their users to remove their DNotes by the deadline. Then relist DNotes with the DNotes 2.0 build.
2) Take DNotes down for maintenance prior to the launch, send us their DNotes to be swapped for DNotes 2.0, notifying their users of the upcoming swap, and bring DNotes back up after the swap has taken place.
The alternative is they continue to list and trade old DNotes, and later do one of the above two options.
Prior to the soft deadline we will notify the mining pools of the upcoming soft deadline and request that they inform their users of the change, and stop mining DNotes at the soft deadline.
After the soft deadline, there will be a fork in the old DNotes network, which we will maintain, for late comers to still be able to swap their coins. No newly mined old DNotes, mined after the soft deadline will be honored for the swap process. Each case after the soft deadline will be reviewed and handled on a case by case basis.
POS
2% Annualized Staking Reward
Individual blocks reward will be Total Coins / 525,600
60 Second Block Target
0.005 Transaction Fee
Source: https://github.com/DNotesCoin/DNotes2.0
Directory DNotes2
CONF dnotes.conf (all lower case)
Windows and Linux wallets will be available at launch. MAC to follow shortly after.
The launch will include the following features:
CRISP Reward - 0.5% interest every 30 days. Awarded by address. Calculated on a 30 day cycle.
Automated Invoicing (First Phase) - Integrated blockchain invoice number
The next update (TBD) will include:
Deferred Staking
There will be a soft deadline where DNotes mined after that block will not be redeemable for 2.0 coins:
4/16/2018
Block# 2180897
133,574,552 Will be the total swappable amount of DNotes we create
+20,000,000 Allocated to DNotes Global, Inc for Development & Growth Fund
153,574,552 Total DNotes 2.0 Created
DNotes 2.0 Swap process
All DNotes on the DNotesVault will be automatically swapped for users. The DNotesVault will be down an estimated 2 days to complete the DNotesVault swap. There will be an extended period before and after the swap where withdrawals will be disabled, with a target of 4 days and no more than 7. So please be aware if you would like to have immediate access to your DNotes around the time of the swap, you will want to withdraw them.
All other users will be able to fill out a form or email us to perform a manual swap where they will have to send us their DNotes in exchange for DNotes 2.0.
All coins can be swapped until the Soft Deadline 4/16/2018. Including all newly mined coins up to Block# 2180897.
We have reached out to the exchanges to either briefly delist DNotes, and provide two recommended options:
1) Delist DNotes prior to the swap, requesting their users to remove their DNotes by the deadline. Then relist DNotes with the DNotes 2.0 build.
2) Take DNotes down for maintenance prior to the launch, send us their DNotes to be swapped for DNotes 2.0, notifying their users of the upcoming swap, and bring DNotes back up after the swap has taken place.
The alternative is they continue to list and trade old DNotes, and later do one of the above two options.
Prior to the soft deadline we will notify the mining pools of the upcoming soft deadline and request that they inform their users of the change, and stop mining DNotes at the soft deadline.
After the soft deadline, there will be a fork in the old DNotes network, which we will maintain, for late comers to still be able to swap their coins. No newly mined old DNotes, mined after the soft deadline will be honored for the swap process. Each case after the soft deadline will be reviewed and handled on a case by case basis.
Good to see DNotes continuing forward.
Been holding since inception, have nice retirement account on dnotesvault, will support the pos network 24/7, and so excited about whats upcoming.
Been holding since inception, have nice retirement account on dnotesvault, will support the pos network 24/7, and so excited about whats upcoming.
Thank you CryptoJohn. Always good to see you.
We are now very well positioned to take the next leap forward. Holding on to your DNotes as a long-term investor is a good thing. It may take a while for investors to understand our business model. We are uniquely different and fully committed to promote DNotes as the inclusive trusted digital currency for global commerce. I trust that after the successful launch of DNotes 2.0 more people will figure it out.
Good to see DNotes continuing forward.
Been holding since inception, have nice retirement account on dnotesvault, will support the pos network 24/7, and so excited about whats upcoming.
Been holding since inception, have nice retirement account on dnotesvault, will support the pos network 24/7, and so excited about whats upcoming.
Be honest. How many of you have read our white paper yet? Or spent one minute to read of our pitch deck? I believe that it is always better to be knowledgeable than just follow the herd.
Give us some feedback. It will be very much appreciated.
There are many problems confronting our industry. To get a better glimpse of our solutions check these out:
Pitch Deck: https://dnotesglobal.com/PitchDeck.pptx
White paper: https://dnotesglobal.com/white-paper/
Book Review: https://blogcritics.org/book-review-improve-your-odds-the-4-pillars-of-business-success-by-alan-yong/
CEOworld: http://ceoworld.biz/2018/03/23/is-your-entire-company-aligned-for-optimal-business-success/
Give us some feedback. It will be very much appreciated.
There are many problems confronting our industry. To get a better glimpse of our solutions check these out:
Pitch Deck: https://dnotesglobal.com/PitchDeck.pptx
White paper: https://dnotesglobal.com/white-paper/
Book Review: https://blogcritics.org/book-review-improve-your-odds-the-4-pillars-of-business-success-by-alan-yong/
CEOworld: http://ceoworld.biz/2018/03/23/is-your-entire-company-aligned-for-optimal-business-success/
I can confirm that I have read the above
. I'm also very interested in hearing feedback, especially any views to make our project even better. We have been putting a lot of effort into reaching out to interested groups to spread our content. I'm very glad that Chicago Tribune picked up the article!
Be honest. How many of you have read our white paper yet? Or spent one minute to read of our pitch deck? I believe that it is always better to be knowledgeable than just follow the herd.
Give us some feedback. It will be very much appreciated.
There are many problems confronting our industry. To get a better glimpse of our solutions check these out:
Pitch Deck: https://dnotesglobal.com/PitchDeck.pptx
White paper: https://dnotesglobal.com/white-paper/
Book Review: https://blogcritics.org/book-review-improve-your-odds-the-4-pillars-of-business-success-by-alan-yong/
CEOworld: http://ceoworld.biz/2018/03/23/is-your-entire-company-aligned-for-optimal-business-success/
Give us some feedback. It will be very much appreciated.
There are many problems confronting our industry. To get a better glimpse of our solutions check these out:
Pitch Deck: https://dnotesglobal.com/PitchDeck.pptx
White paper: https://dnotesglobal.com/white-paper/
Book Review: https://blogcritics.org/book-review-improve-your-odds-the-4-pillars-of-business-success-by-alan-yong/
CEOworld: http://ceoworld.biz/2018/03/23/is-your-entire-company-aligned-for-optimal-business-success/
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