Author

Topic: DNotes 2.0 - Staking, CRISP Interest, DNotes Pay - page 223. (Read 148870 times)

legendary
Activity: 1610
Merit: 1060
Quote from Brandon today:

"Same here Alan's article re-inspired me. I have a few things on the go and am traveling today, but will also be working on an article for DCEBrief that I've mapped out. If you need another set of eyes to edit/proofread, feel free to email it to me."

Thank you, Brandon. We appreciate your significant contributions to DNotes' success, including an immensely valuable component - DNotesEDU. It greatly expands our mission to help others through education with objective, much needed, and unbiased information. Just imagine what else you could do when DNotes becomes a big success. That is why we want to only focus on a few things at a time to ensure that they become truly successful. Once accomplished, we can leverage our success to do more great things. That is how we can help change the world a little. As I have said many times, we do it "brick by brick or block by block" until we have a solid foundation. And, of course, they are all strategically linked.

That was a part of the discussion I had at Geneca a few days ago. When our full and totally integrated systems is in place, it will enable a lot of things on our wish list to happen seamlessly in a trusted environment. The end users do not need to know the complexities of our back-end infrastructure, the philosophies, algorithm, and support systems behind it. What matters is -"it is simple, convenient, secured, and I trust the the people who build and operate the system". That is one of the biggest problems we are attempting to solve. Yes, it will take us a few years and some massive investment.  

I understand Alan, it's easy to get spread too thin when there are so many possibilities on the table. But unfortunately when that route is taken, as opposed to focusing on one task at a time, nothing usually gets completed to a satisfactory degree. This is speaking from my personal experience.

I want to assure everyone that DNotesEDU is my top priority, bar none.

Excellent, Brandon. We appreciate the great work you guys are doing at DNotesEDU. I strongly encourage anyone interested in helping DNotesEDU to reach out to Brandon.
legendary
Activity: 1932
Merit: 1111
DNotes
Question on DNotes vault update: Do you consider two factor authentication via SMS? I guess that there are a lot of people who can not (are not able to) use QR codes.

Hi AlCamus, we hadn't considered using SMS authentication at this time. The current 2FA uses Google authenticator, which the user can either scan the QR code or enter the written code into the Google Authenticator app. We would certainly be interested to find out if there are users who are unable to use this form of 2FA. My guess is that the phone would not be a smart phone?

Yes, or people who do not want or do not understand how to use a google app. I just think that there should be (or is needed) another option in two-factor authentication to secure the DNotes Vault account than Google Authenticator. DNotes Vault operates like a bank account and banks usually use personal identification numbers or SMS as two-factor authentication. Or is there perhaps once in a while a confirmation via email requested? I didn't checked this yet.

SMS two-factor authentication is not secure and should be avoided. Google to find out why.

Thanks shtako and AlCamus, we will look into it for future options. I understand there is a risk using SMS, but if there are no other options for the user it may be better than no 2FA.
member
Activity: 171
Merit: 10
Quote from Brandon today:

"Same here Alan's article re-inspired me. I have a few things on the go and am traveling today, but will also be working on an article for DCEBrief that I've mapped out. If you need another set of eyes to edit/proofread, feel free to email it to me."

Thank you, Brandon. We appreciate your significant contributions to DNotes' success, including an immensely valuable component - DNotesEDU. It greatly expands our mission to help others through education with objective, much needed, and unbiased information. Just imagine what else you could do when DNotes becomes a big success. That is why we want to only focus on a few things at a time to ensure that they become truly successful. Once accomplished, we can leverage our success to do more great things. That is how we can help change the world a little. As I have said many times, we do it "brick by brick or block by block" until we have a solid foundation. And, of course, they are all strategically linked.

That was a part of the discussion I had at Geneca a few days ago. When our full and totally integrated systems is in place, it will enable a lot of things on our wish list to happen seamlessly in a trusted environment. The end users do not need to know the complexities of our back-end infrastructure, the philosophies, algorithm, and support systems behind it. What matters is -"it is simple, convenient, secured, and I trust the the people who build and operate the system". That is one of the biggest problems we are attempting to solve. Yes, it will take us a few years and some massive investment.  

I understand Alan, it's easy to get spread too thin when there are so many possibilities on the table. But unfortunately when that route is taken, as opposed to focusing on one task at a time, nothing usually gets completed to a satisfactory degree. This is speaking from my personal experience.

I want to assure everyone that DNotesEDU is my top priority, bar none.
legendary
Activity: 1610
Merit: 1060
Quote from Brandon today:

"Same here Alan's article re-inspired me. I have a few things on the go and am traveling today, but will also be working on an article for DCEBrief that I've mapped out. If you need another set of eyes to edit/proofread, feel free to email it to me."

Thank you, Brandon. We appreciate your significant contributions to DNotes' success, including an immensely valuable component - DNotesEDU. It greatly expands our mission to help others through education with objective, much needed, and unbiased information. Just imagine what else you could do when DNotes becomes a big success. That is why we want to only focus on a few things at a time to ensure that they become truly successful. Once accomplished, we can leverage our success to do more great things. That is how we can help change the world a little. As I have said many times, we do it "brick by brick or block by block" until we have a solid foundation. And, of course, they are all strategically linked.

That was a part of the discussion I had at Geneca a few days ago. When our full and totally integrated systems is in place, it will enable a lot of things on our wish list to happen seamlessly in a trusted environment. The end users do not need to know the complexities of our back-end infrastructure, the philosophies, algorithm, and support systems behind it. What matters is -"it is simple, convenient, secured, and I trust the the people who build and operate the system". That is one of the biggest problems we are attempting to solve. Yes, it will take us a few years and some massive investment.  
legendary
Activity: 1610
Merit: 1060
Quote From TeeGee today:

"I also really enjoyed the article. I'm trying to hash out another one that I think will also be very 'heavy hitting' right now, hopefully have it ready for release within 24 hours. 2:30am grind."

That is great, Tim. Thank you. I understand. We have been putting in insane hours. Yesterday, I got up at 5 am. and went on practically non-stop till I finally went to bed at 1 am this morning. Being passionate in doing things that you truly love is the inspiration and driver. It also helps if it has a purpose worthy of your commitment and contribution. I think we got it here and it is well worth our efforts. We love to see more people joining force with us.
member
Activity: 171
Merit: 10

Now this is a brilliant breakdown on the state of our industry, I wouldn't have changed a single word.

I also really enjoyed the article. I'm trying to hash out another one that I think will also be very 'heavy hitting' right now, hopefully have it ready for release within 24 hours. 2:30am grind.

Same here Alan's article re-inspired me. I have a few things on the go and am traveling today, but will also be working on an article for DCEBrief that I've mapped out. If you need another set of eyes to edit/proofread, feel free to email it to me.
hero member
Activity: 846
Merit: 535

Now this is a brilliant breakdown on the state of our industry, I wouldn't have changed a single word.

I also really enjoyed the article. I'm trying to hash out another one that I think will also be very 'heavy hitting' right now, hopefully have it ready for release within 24 hours. 2:30am grind.
hero member
Activity: 779
Merit: 502
Question on DNotes vault update: Do you consider two factor authentication via SMS? I guess that there are a lot of people who can not (are not able to) use QR codes.

Hi AlCamus, we hadn't considered using SMS authentication at this time. The current 2FA uses Google authenticator, which the user can either scan the QR code or enter the written code into the Google Authenticator app. We would certainly be interested to find out if there are users who are unable to use this form of 2FA. My guess is that the phone would not be a smart phone?

Yes, or people who do not want or do not understand how to use a google app. I just think that there should be (or is needed) another option in two-factor authentication to secure the DNotes Vault account than Google Authenticator. DNotes Vault operates like a bank account and banks usually use personal identification numbers or SMS as two-factor authentication. Or is there perhaps once in a while a confirmation via email requested? I didn't checked this yet.

SMS two-factor authentication is not secure and should be avoided. Google to find out why.
jr. member
Activity: 121
Merit: 4
Question on DNotes vault update: Do you consider two factor authentication via SMS? I guess that there are a lot of people who can not (are not able to) use QR codes.

Hi AlCamus, we hadn't considered using SMS authentication at this time. The current 2FA uses Google authenticator, which the user can either scan the QR code or enter the written code into the Google Authenticator app. We would certainly be interested to find out if there are users who are unable to use this form of 2FA. My guess is that the phone would not be a smart phone?

Yes, or people who do not want or do not understand how to use a google app. I just think that there should be (or is needed) another option in two-factor authentication to secure the DNotes Vault account than Google Authenticator. DNotes Vault operates like a bank account and banks usually use personal identification numbers or SMS as two-factor authentication. Or is there perhaps once in a while a confirmation via email requested? I didn't checked this yet.
legendary
Activity: 1610
Merit: 1060
VISA CEO Says Company Will Not Process Crypto Payments

https://dcebrief.com/visa-ceo-says-company-will-not-process-crypto-payments/
Visa CEO Says Company Will Not Process Crypto Payments, which is something more than normal, and one day Visa may change its mind except one day when countries recognize that digital or digital currency is strong enough for people to spend.


Thanks for participating, akamy789. I believe that you are correct. One day many nations will recognize and accept digital currency by the popular demand of their citizens. When there is a strong demand to spend and use digital currency as a medium of exchange, that will mark the beginning of mass acceptance of digital currency in global commerce. Meanwhile, there are many hurdles to over come, and problems to solve. We understand all that and have positioned DNotes accordingly to be the solutions to those problems and challenges.That is the DNotes difference.
legendary
Activity: 1610
Merit: 1060

I had a couple thoughts on this article.
1. I think a big concern in our industry is that people all too often find themselves gambling unintentionally. For example, you do some amount of due diligence on the next ICO. It checks out as far as you can tell and you like the idea so you buy in. Then it turns out the people running the ICO were unscrupulous and in some way made off with the funds and did not develop the concept as promised. In that situation what looked like an "investment" instead was a losing gamble. I don't have a problem with those who day trade or whatever and know they're essentially betting on the market losing. That's part of the game. But it's really sad when people intend to make a real investment but they lose out on what was actually a gamble.

2. When a project (with or without an ICO) has solid fundamentals, then people can be a winner at just about any stage in the market. For example, recently the price of NEM went up to over two dollars. Many say it can go much higher though it has cooled off substantially in the most recent correction. For someone who bought into NEM very early, like when it was worth less than one cent, it would be totally rational for them to have sold around $2 and enjoy their profits. Even if the price were to go to $10 shortly after they've still made a profit. At the same time, the new investor who bought NEM at $2 from that guy chooses to hold it now and he doesn't sell until it reaches $10, then he also enjoys a great return. If the coin wasn't such a good one, that would be a risky pyramid type scheme, but since the coin is actually growing in a recognizable way (infrastructure, exposure, etc.) the gains of both investors are solid and real and the new investors buying in at a later point still have potential for good solid gains. In other words, as long as the coin has good fundamentals, buying at one price and selling at a higher price is not about hoping you can find a bigger sucker than you. There's room on the table for lots of people to be winners.

3. I've said this before but I hardly ever pay attention to what the MSM is saying about cryptocurrency for the simple reason that those reporters (along with probably 99% of the world at large that knows anything about cryptocurrency) hardly ever get past the buy low-sell high mentality. In my mind there is so much more to the industry than buy low/sell high that to report on the industry as if that were all there is to it is akin to describing a mountain range as a series of two-dimensional shapes. Sure, maybe technically accurate, but you miss so much in the translation. I'm honestly a lousy trader in the sense that very often I sell something for much lower than I bought it for. Analyzing my trades is actually quite depressing because I've sold way more than I've bought. However, I've been very successful in this industry because I've been able to leverage the fact that the industry is so much more than buying low and selling high. I've networked, earned, bought into stuff based on relationships I've established, and it's worked out for me. I wish more people understood that buy low/sell high is only the tip of the iceberg for a very interesting and fun as well as profitable industry. I think it would be especially helpful if regulators understood that part too.

4. Alan, I think part of the issue with ICOs is that they kind of take advantage of the buy low/sell high is all there is to quick riches mentality. As long as people think that's all there is to it, then they tend to make decisions based on very shallow parameters rather than something more solid. But I'm not finding the right words to describe this part.

It goes without saying but I'm very happy to have encountered DNotes and be along for the ride as it charts its own more solid course that in the future many will follow.

Thank you Wiser for sharing your thought on the article. You are one of a few in our industry who can objectively analyze each situation and make many good calls. No one is right 100% of the time, but the fact that you would spend time to research and decide whether the investment is worthy of your hard-earned dollars improves your odds of being correct. I have a lot of respect for that. I know that you often earn some coins as “sweat equity” by contributing your talents. Using “sweat equity” to earn and learn is a great idea, especially for those with good skill-sets and like to develop a relationship – learn and earn at the same time. We encourage that at DNotes.

The article is intended to send multiple messages to various groups with the good intention of getting some of them to pause and think – somewhat more aggressive and thought provoking than my normal style. Unfortunately, I fear that our industry is trending in the direction of anything but normal.  I would characterize the situation as one of extreme risk, for investors who just jump in to make a bet with very little knowledge of the industry or its technology, and no strategy. The truth of the matter is that we are swimming among many sharks every day. It is easy to get hurt, though it may be just “gambling unintentionally”.

We encourage long-term investment but totally understand that a balanced strategy of cashing in to lock in some of the profit after significant appreciation is not a bad idea. It is a widespread practice among professionals in the world of stock and bond investment. So is day trading. It helps to provide liquidity.

I remember that at the time when DNotes was launched in early 2014 many were very critical of any pre-mined even though they were mostly given away or used as reward for promotion or development. They were never sold for money. Because of the sensitive issue, I bought every single DNotes that I own today through the exchange. In fact, I purchased a few millions more and gave them away.

I agree with you that “part of the issue with ICOs is that they kind of take advantage of the buy low/sell high that is all there to quick riches mentality”. By pre-mining a large block and keep most of them for themselves and their advisers and at the same sell the rest for money for their own keep, without much out-rage the ICO common practice today is quite a change of mentality. Perhaps, it is easy to turn a blind eye when there is a chance to participate in some ways with the hope of getting rich. This certainly cultivate unintentional gambling, creating an environment more like a global casino. Many will go home with empty pockets but soon come back once again with more hard-earned money to make another bet.

Wiser, thanks for you continued support and confidence in DNotes. It is the support and encouragement of our community that inspired us to give it all we got to ensure great success for DNotes.
full member
Activity: 165
Merit: 100
VISA CEO Says Company Will Not Process Crypto Payments

https://dcebrief.com/visa-ceo-says-company-will-not-process-crypto-payments/
Visa CEO Says Company Will Not Process Crypto Payments, which is something more than normal, and one day Visa may change its mind except one day when countries recognize that digital or digital currency is strong enough for people to spend.
legendary
Activity: 1610
Merit: 1060
VISA CEO Says Company Will Not Process Crypto Payments

https://dcebrief.com/visa-ceo-says-company-will-not-process-crypto-payments/

Maybe Mastercard or Amex can figure out a way capitalize on the opportunities cryptocurrency offers, like expanding their market size. Or maybe they're just waiting for a cryptocurrency that is more conducive to their business needs... A currency who has had those needs in mind since the beginning... A cryptocurrency like DNotes 2.0

The history is on bitcointalk for everyone to verify, DNotes has maintained a consistent path since inception while still rapidly adapting to all challenges the industry and outside forces have presented. Although it may be buried under hundreds and hundreds of pages, people will look back and understand that DNotes was a thought leader in this industry right from launch.

You are correct, Brandon. That is why our road-map looks quite different from others. Check it out at our OP.

We are very disciplined and focused in doing the right thing at the right time. When Tim mentioned, in his recent podcast, "500 years in the future", there is some truth behind that. We look very far into the future so that generations from now they won't blame the DNotes' founders for just being just a bunch of daylilies farmers and did not know any better. Lol. (We helped founded Smokeys Gardens:https://smokeysgardens.com/).
member
Activity: 171
Merit: 10
VISA CEO Says Company Will Not Process Crypto Payments

https://dcebrief.com/visa-ceo-says-company-will-not-process-crypto-payments/

Maybe Mastercard or Amex can figure out a way capitalize on the opportunities cryptocurrency offers, like expanding their market size. Or maybe they're just waiting for a cryptocurrency that is more conducive to their business needs... A currency who has had those needs in mind since the beginning... A cryptocurrency like DNotes 2.0

The history is on bitcointalk for everyone to verify, DNotes has maintained a consistent path since inception while still rapidly adapting to all challenges the industry and outside forces have presented. Although it may be buried under hundreds and hundreds of pages, people will look back and understand that DNotes was a thought leader in this industry right from launch.
member
Activity: 171
Merit: 10

Now this is a brilliant breakdown on the state of our industry, I wouldn't have changed a single word.
full member
Activity: 1078
Merit: 102
legendary
Activity: 1806
Merit: 1029

I had a couple thoughts on this article.
1. I think a big concern in our industry is that people all too often find themselves gambling unintentionally. For example, you do some amount of due diligence on the next ICO. It checks out as far as you can tell and you like the idea so you buy in. Then it turns out the people running the ICO were unscrupulous and in some way made off with the funds and did not develop the concept as promised. In that situation what looked like an "investment" instead was a losing gamble. I don't have a problem with those who day trade or whatever and know they're essentially betting on the market losing. That's part of the game. But it's really sad when people intend to make a real investment but they lose out on what was actually a gamble.

2. When a project (with or without an ICO) has solid fundamentals, then people can be a winner at just about any stage in the market. For example, recently the price of NEM went up to over two dollars. Many say it can go much higher though it has cooled off substantially in the most recent correction. For someone who bought into NEM very early, like when it was worth less than one cent, it would be totally rational for them to have sold around $2 and enjoy their profits. Even if the price were to go to $10 shortly after they've still made a profit. At the same time, the new investor who bought NEM at $2 from that guy chooses to hold it now and he doesn't sell until it reaches $10, then he also enjoys a great return. If the coin wasn't such a good one, that would be a risky pyramid type scheme, but since the coin is actually growing in a recognizable way (infrastructure, exposure, etc.) the gains of both investors are solid and real and the new investors buying in at a later point still have potential for good solid gains. In other words, as long as the coin has good fundamentals, buying at one price and selling at a higher price is not about hoping you can find a bigger sucker than you. There's room on the table for lots of people to be winners.

3. I've said this before but I hardly ever pay attention to what the MSM is saying about cryptocurrency for the simple reason that those reporters (along with probably 99% of the world at large that knows anything about cryptocurrency) hardly ever get past the buy low-sell high mentality. In my mind there is so much more to the industry than buy low/sell high that to report on the industry as if that were all there is to it is akin to describing a mountain range as a series of two-dimensional shapes. Sure, maybe technically accurate, but you miss so much in the translation. I'm honestly a lousy trader in the sense that very often I sell something for much lower than I bought it for. Analyzing my trades is actually quite depressing because I've sold way more than I've bought. However, I've been very successful in this industry because I've been able to leverage the fact that the industry is so much more than buying low and selling high. I've networked, earned, bought into stuff based on relationships I've established, and it's worked out for me. I wish more people understood that buy low/sell high is only the tip of the iceberg for a very interesting and fun as well as profitable industry. I think it would be especially helpful if regulators understood that part too.

4. Alan, I think part of the issue with ICOs is that they kind of take advantage of the buy low/sell high is all there is to quick riches mentality. As long as people think that's all there is to it, then they tend to make decisions based on very shallow parameters rather than something more solid. But I'm not finding the right words to describe this part.

It goes without saying but I'm very happy to have encountered DNotes and be along for the ride as it charts its own more solid course that in the future many will follow.
newbie
Activity: 1
Merit: 0

https://youtu.be/DaQR4jk1voQ

Amazing! Dauphin DTR-1 from 1993. This is a piece of history and still works 25 years later. This was groundbreaking technology for the time and in many ways began to shape what is today's cell phones and tablets. For those of you familiar with running a business, it takes a lifetime of experiences to get it right. For every successful business there was likely half a dozen failed ones, and the 'overnight success' that were 5-10 years in the making Smiley. I have tremendous respect for Alan and the immense experience he has taken the time to share with me and bring to DNotes.
wowowowow

What an awesome find. Alan, I'd imagine seeing a video like that is like looking at baby pictures of grown children....memories come flooding back!

Thank you, MiningHabit. Until last week, I had no clue that this video was out there with 300,000+ views and 900+ comments.

Yes, it brought back a lot of memories for sure. Naturally, a question popped up in my mind - where would I be if I rejected IBM's offer the third time?

Never mind, DNotes is well worth it. I had always wished that I can leave a positive impact to help change the world slightly for the better. It is becoming far more certain by the day that DNotes is a far better dream than I have ever dreamt. Hope you all will continue to help make that a reality. Thank you.  

.

I also had a chance to use this machine.  My mother was a librarian at a prep school and somehow got one.  She gave it to me because it was so very different from what she was familiar with.  I then gave it to my son who used it for several years with no problems.  What an amazing coincidence that I now get to work with the very person that designed the computer that was ahead of its time. 

https://[Suspicious link removed]/images/2F6a2E
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