Topic: DNotes 2.0 - Staking, CRISP Interest, DNotes Pay - page 196. (Read 148848 times)

Good news for cryptocurrency:

G20 watchdog focuses on rules review, holds fire on cryptocurrencies

“The FSB’s initial assessment is that crypto-assets do not pose risks to global financial stability at this time,” FSB Chair Mark Carney said in a letter to G20 central bankers and finance ministers who will meet in Buenos Aires on Monday and Tuesday.

https://www.reuters.com/article/us-g20-regulations-carney/g20-watchdog-focuses-on-rules-review-holds-fire-on-cryptocurrencies-idUSKBN1GU0SF

 


Bittrex News - https://support.bittrex.com/hc/en-us/articles/360001609031-Wallet-Removal-on-March-30-2018

Bittrex Will Remove 82 Tokens Due to Lack of Liquidity in Small Cryptocurrencies  -  https://finance.yahoo.com/news/bittrex-remove-82-tokens-due-171709977.html

Today is a great day! The first thing I saw on the computer this morning was an incoming transaction of DNotes - even though it is for testing only, it still put a smile on my face.

The wallet is great and I love the news feed on it.

Amazing work DNotes team and Geneca!!

Hi Xuantu9xz,

The retirement accounts will be moved to regular DNotesVault accounts at the time of the switch, with all interest earned, where you can use them normally.

My address is SRj66BY4P7dUWzLtjYbKkRAsgS3f8Mamx3
just so you have another address you can test with.

What will happen with the current CRISP account and the DNote 1.0 coin on it?

Congratulations on the update!

Great job everyone! And on time as well! That's what teamwork does for a project!

http://dnotescoin.com/dnotes-global-inc-announces-launch-of-dnotes-2-0-alpha-pre-release/

Twitter Will Reportedly Ban Crypto-Related Advertising

https://dcebrief.com/twitter-will-reportedly-ban-crypto-related-advertising/

Dear Denver Dan, just did it. Address is: STu2jA1fK7YXNNh5p1P78vg33WDCPo7JKD

And of course, a big shout out to the Geneca team!

amadeus82, did you download the new wallet yet?  When you do, post your address, and we'll send you some coins.

Dear TeeGee, yet again I thank you for your quick and comprehensive answer. That is really what I like and respect about the DNotes team.

Please do let me know if I can contribute in any way to help the growth of the DNotes. Geographically I'm located in small country in Europe. Unfortunately I do not have programming skills, but if you need some testing or feedback on user experience or some other non highly technical programming thing maybe I can contribute some little piece of DNotes success puzzle 

I am really looking forward to see the whitepaper and other updates you have prepared or/and are preparing currently.

First CRISP payment in the Alpha Pre-Release!

Thanks Tim, working with the Geneca team has been amazing!

Amedeus82, we appreciate your very thoughtful insights and comments. We understand you very well, your english is excellent for a non-native speaker.

We do make the point of living up to our name as an "inclusive digital currency for everyone", which entails fostering a polite and active community where no question goes unanswered and everyone is treated equally irrespective of their industry knowledge. We are looking very forward to sharing many more exciting things over the next year and beyond as we progress further with the development of DNotes 2.0.

You are correct about the amount of FUD in the crypto industry, which is leading to investors gradually leaning towards 'quality' projects. We have from the beginning been mindful of how regulators will react to the fast growth and various problems seen throughout the industry, and counted on these responses when formulating our winning strategies that will make us different to the rest of the pack, and in our view make us more likely to succeed in making the first truly mass-adopted cryptocurrency. We have seen this inevitable outcome as a major opportunity from day one, but one that could take time until industry circumstances began to change, and then for everyone else to see the wisdom behind our approach when it becomes clear that DNotes may be one of the few projects of its time able to progress and operate unhindered by regulators and other authorities.

We will soon release our whitepaper which will have a lot more details in regards to how we plan to achieve mass acceptance. I will look into making a few short videos to accompany the whitepaper release for YouTube, which will definitely help our social media presence. We definitely plan to be involved with crypto events going forward, especially once we begin to get a lot more attention. Alan has already spoken at several conferences, including at NASDAQ and the World Funding Summit back in November - http://worldfundingsummit.com/alan-yong. Our approach so far, with but a small team of volunteers, has been to focus on individual parts of our overall strategy, and then moving onto the next focal point upon its completion. We are very deep into development at the moment, and near launch, and now that the first module of DNotes 2.0 is completed and ready for testing, we can begin the marketing phase of our plan. This is perhaps quite different than what a lot of projects in our industry do, where it is not uncommon for a project to raise money during their ICO, when they haven't even begun development. People pay a lot of money to push the prices of these projects up even into the top 10 on coinmarketcap, when the projects sometimes haven't even begun development or at the least have no working product (just an ERC20 token used to crowdfund), and on the look of it won't offer anything new even once they have finished their production cycle.

Meeting people in our industry at conferences would be incredible for both our supporters, and for us to meet those who have been so loyal and believed in us over the last 4 years. Given where we plan to take this project, it wouldn't surprise me if we one day hosted a DNotes conference, or sponsor an event one day.

Download the DNotes 2.0 pre-alpha windows build and source code:
https://github.com/DNotesCoin/DNotes2.0/releases/tag/v2.0.0.0-pre
Please use the master branch here to build on linux, instead of the zipped source files:
https://github.com/DNotesCoin/DNotes2.0

Release Notes

DNotes 2.0 Pre-Release Alpha
This pre-release is an open alpha for individuals to test out features of the upcoming DNotes 2.0 release. This network and all associated address balances will be wiped before the final DNotes 2.0 production release. The dnotes-qt.exe executable available with this pre-release should work on most modern Windows operating systems.

New Features for DNotes 2.0
Switch from Proof Of Work to Proof Of Stake with ~2% annual staking reward.
Updated transaction fees to be destroyed.
Added display of DNotes and Wallet value in USD (based on coinmarketcap's API).
Added DNotes news feeds.
Added invoice number support for sending NOTE to an address. The format to specify an invoice number when sending to an address is (address)+(invoice number).
Added CRISP payouts for keeping NOTE Balance in the same address for a period of time. For the alpha release network, the payouts happen approximately every day. The first payout block is 1500 and additional payouts happen every 1440 blocks. The final production release will payout approximately every month instead.

Post your DNotes 2.0 pre-alpha address here or send an email to [email protected], and we will send you some coins.

Regression Testing
For those of you that are familiar with running console commands, if you would like to participate in regression testing, please use this form:
https://goo.gl/forms/uBpPxgmPs2tWetBG3

Invoice Number
This is the first step in the implementation of the automated invoicing system, allowing you to add an invoice number to a transaction.
You may attach an invoice number after the address by adding a plus sign after the address, followed by the invoice number.

Example:
Address = ScsZXeo2PeLzNPVcjHdtkjQX5zY6phjTEm
Invoice Number = 1kH98asd9Hb3U8aksdnJNgs7923nasdj
Send Payment to = ScsZXeo2PeLzNPVcjHdtkjQX5zY6phjTEm+1kH98asd9Hb3U8aksdnJNgs7923nasdj
The client will recognize the difference between the address and invoice number and store them on the blockchain accordingly.

Scenario you can test:
Send a payment to an address with a random invoice number attached as the example above outlines.
Verify in your transactions that the invoice number was attached.
You should also be able to verify this independently from any node by getting the transaction id, going to the console (help > debug window > console), and typing gettransaction

Example:
Address = ScsZXeo2PeLzNPVcjHdtkjQX5zY6phjTEm
Invoice Number = 1kH98asd9Hb3U8aksdnJNgs7923nasdj
Transaction id = 2e56d470d068a89d51bf20f83c25622d7d5dc16f9a0b7763d3e6940733d4d791-000
gettransaction 2e56d470d068a89d51bf20f83c25622d7d5dc16f9a0b7763d3e6940733d4d791-000
Look for: "invoiceNumber" : "1kH98asd9Hb3U8aksdnJNgs7923nasdj"
And verify it matches your invoice number.

Note: Our block explorers will look for invoice numbers and have an API to call from invoice number. We may implement a RPC call for it as well. This will allow anyone to independently verify a address and invoice number from anywhere.

Staking
If you are familiar with the staking process, there are no significant changes.
1 minute block times.
Block reward is 2% of total coins in circulation, divide by the number of blocks in a year.
How much you actually earn will depend on how many coins people are currently staking.
Weighted against the network.

Block Reward Example:
Number of Coins = 130,000,000
2% of 130,000,000 = 2,600,000
Number of blocks in a year = 525,600
Block reward: 2,600,000 / 525,600 = 4.94672754...
The block reward will change every block.

Note: You will experience blocks that are staked and then later rejected.

How to stake:
Setup and staking video:
https://youtu.be/2w9r2LoXM6c
Open your wallet - Open dnotes-qt.exe
Encrypt your wallet - Settings > Encrypt Wallet > Enter password > Enter Password Again > Click ok > Click ok > wallet will close. Re-open wallet.
Make sure you have coins in your wallet and they are confirmed and mature.
Unlock your wallet - Settings > Unlock Wallet > Enter password > Click ok.
In the lower left the lock should be unlocked and the up arrow should be green. You will now be staking. You can hover your mouse over the lock and the up arrow to see the status.

CRISP
CRISP reward will be 0.5% every 1440 blocks (1 day for pre-release, but it will be 1 month for actual release). This will occur automatically.

Note:
All coins must remain in the same address for the entire period.
If you deposit at 1441, you will not receive CRISP reward at block 2880, your first CRISP reward would be block 4320.

Scenarios to test:
If you received CRISP reward with an online wallet.
If you received CRISP reward with an online and staking wallet.
If you received CRISP reward with an offline wallet.


We welcome all questions, suggestions, comments, and feedback. Please use the following forms, you may also post here for community discussion.

Suggestions and Feedback Form:
https://goo.gl/forms/xRWNAkXFaUJWc8UE3

Report any issues here:
https://goo.gl/forms/rBWvYLzufkiil4Qm2

Hi hughjays77! Welcome to our forum.

There will indeed be a swap in the next few weeks. We are releasing our pre-alpha for community testing today, and will have the official launch of DNotes 2.0 within the next few weeks. At that time it is recommended that you hold your coins either in your own QT wallet where you can send us the coins from and have 2.0 coins sent back to you, or at the DNotes Vault (where they will be automatically swapped to 2.0 coins). I would not recommend holding them on an exchange.

Thanks for the comment, and feel free to ask us about anything extra you would like to know about.

I have some NOTE on Cryptopia and Yobit.. During next weeks there should be a "swap" right? So I'd like to ask an information to bu sure.
Are my coins safe on the exchanges (or is better if I keep them on wallet till the end of swap)?

Congrats for the nice work, happy to see this project is going forward!