Topic: DNotes 2.0 - Staking, CRISP Interest, DNotes Pay - page 248. (Read 148848 times)

This is a great read.  He describes the many head winds still ahead of us.  Will the banksters actually allow this technology and industry to flourish?  Among the many points brought up in the article, is how POW mining is getting a bad wrap now with energy consumption.  True or not, that seems to be the FUD du jour from mainstream media.  The author responds to that criticism with,

 "Alternative consensus protocols can stop this attack, like Proof of Stake. But more work is needed and Proof of Stake needs to prove itself with a major coin."

DNotes has a chance to showcase it's POS with the launch of 2.0.  Again, I believe the timing is perfect...and I get to buy $500 worth of cheap DNotes too.

https://hackernoon.com/bitcoins-final-boss-22e2a52f9c7d

I feel your pain. I too have watched the price dwindle, all the while believing in the long-term plan of the DNotes team.

But as an investment, I keep asking myself - has my opinion of this project changed during this price downturn? My answer is - no. The price of DNotes 2.0 is not properly reflected in the price of DNotes 1.0. The Poloniex delisting? Minor setback. The team had plans to get DNotes 2.0 on new exchanges anyway. Maybe the priority for that ticks up a notch, but other than that, not a big issue. The only setback that bothered me a hair was pushing back release of 2.0 a few months. That happens. If a few months becomes a few more months, I'll re-evaluate then.

As of now, my opinion of the project has not changed. There is massive potential in 2018. I'm hodling. Hodl with me and let's revisit this conversation in 6 months.

DNotes has taken a very different path, it is a much more difficult one, but we believe it is the only worthy path. If I understand you correctly, based on this statement "Please do not respond to this like you have the others who post here looking for info. I am not new to this and will see it as an insult", then you may be not satisfied with our consistent messaging, what we have built, creating a foundation that will last supporting DNotes long term. This has been the message that we have shared from the beginning. We have not taken any shortcuts, or made any false promises. We know this strategy doesn't appeal to everyone, DNotes is a long term investment, and unfortunately it may not be the right investment choice for those who do not subscribe to the DNotes philosophy.

Looking at my name you can tell that I am a holder. I have been in this from the beginning and loved how development was going. I have almost invested as much as I am willing to lose in this project. For a good amount of time I believed that this would be my ticket out of wage slavery and give me the ability to take control of my future and not be dependent on greasy business owners who have no interest in me beyond extracting my labor. When the price went to 10k+ sat I believed that it was the beginning of this dream coming true. Then the crash occurred and dnotes was delisted from poloniex driving what seems like the final nail in the coffin.  

I understand and still believe you guys are in this for the long haul. I am in this for the long haul. I could cut my losses, well they aren't losses since I got into this at sub 100 sat, but I do not want to give up. I want to believe that this will turn around for the better and my loyalty will be rewarded. But as time goes on, this hope is turning to despair. I am going to take one last shot at this and put the last 500$ I am willing to lose on dnotes. I will wait one year for things to turn around.  I will pray. Pray that I am making the right choice. Pray that when I continue to check in here monthly that there will something substantial being discussed. Pray that there aren't 100 more pages of news and discussion that have nothing to do with dnotes. Pray that dnotes 2.0 is released and actually brings something more to the table. Pray that there is something, anything, that pry's these nails and resurrects my faith in dnotes.

Please do not respond to this like you have the others who post here looking for info. I am not new to this and will see it as an insult. I just wanted to say my piece and get this all off my chest. If you want, please give me your reasons for the position dnotes is currently in and your plans to overcome the loss of credibility dnotes has suffered as a result of it's massive losses, terrible volume, and de-listing from poloniex.  I understand that the price does not mean much to you "at this point" but it does for a lot of people. In fact, it matter to most people, including me. What is going to be done to re-invigorate peoples interest in this coin? Please, I am looking for thoughtful and meaningful answers to this question.

And with all this finally off my chest I will leave you to your work and hope this post is not just another nail, albeit small, but another nail none the less. Thanks for reading this and I hope by this time next year I will be able to provide a happier and more confident post on the future of dnotes.

P.S. dnotes is not my only hope of escape from slavery but it is my greatest.

Brandon, I think that DNotes' model could change the sentiments. Awareness of a better option could lead some investors to favor fundamental values associated with the digital currency. I will not go as far as expecting the DNotes' model to set a standard any time soon.  Speculators are having too much fun and there is still a "sucker" born every minute.

Excellent, thanks. I only posted that because CRON problems on the front end can eventually lead to failure of the hash engine and back end due to resources being reallocated. MPOS is a great peice of softare but, it can become a memory hog when the pool gets loaded down. Version 1.0.8 was released last month. It contains an update to cronjobs.php or you can just apply the cron update without all the rest available as a seperate package on Git. Thanks!

BTW: This is without a doubt the best DNotes pool currently running, kudos!

Since cryptocurrency currently has little or no baseline for valuation, do you think that the DNotes model will set the standard?

This is kind of a rhetorical question, but I'm curious to hear your point of view, if you care to make it publicly known yet...

Thanks for the link and comments, guys. It is interesting to note that people are beginning to wonder if there are better options to ICOs, after $3+ billions has been raised with a large amount squandered. I agree that 90% of them will fail. There will be a lot of pain and suffering with many left holding the bags.

Of course, there are many options to raise money for worthy projects and do it legally. SEC even encourages using multiple funding platforms done sequentially or concurrently (side by side). For example, one can use Reg. D 506 (c) for the first round and raise the money to pay for the Reg. A+ mini IPO to be launched subsequently.

Unfortunately, it is too much trouble for some issuers determined to get rich quick. A typical ICO does not convey any ownership or voting rights. It does not need any real work or projects. Their challenge is to come up with a compelling White Paper with stunning graphics fill with promises of “cure all snake oils”. The objective is to create the impression that there is no limit to the amount of money an investor can make. It is all about finding a greater fool willing to pay you more than your purchase price. This sort of games always ends badly.

What is DNotes doing differently? We love the philosophy of decentralized issuance of digital currency and governance with the ingenuous consensus system allowing for the transfer of assets of value between two parties without the approval of any central authorities. We believe that the implications are world changing but we must be able to bridge the gap between the centralized world with the new decentralized world. We need to do it legally and transparently, coupled with trust and integrity.

It takes two currencies, and both can be traded or exchanged as a guaranteed exit strategy. For almost 4 years we have been building our strategic path that is quite ingenious. Upon successful completion of our Reg. A+ mini IPO Tier 2 to raise a maximum of $50 million worldwide from accredited and non-accredited investors, it will be historic that investors can invest in both of two worlds – DNotes – the digital currency and DNotes Global, Inc. shares that will eventually trade on OTCQX secondary markets. This will ultimately lead to a full-blown traditional IPO to support many large projects we have envisioned.

Yes, it is official that we have retained the services of Laura Anthony and her team at Legal & Compliance, LLC to advise and assist us in our Reg. A+ mini IPO.

Exciting times ahead. We are planning to grow our team dramatically. Let us know if you like to get more involved. Contact Joe: [email protected]

Hey Wiser, I'm glad you and so many people are taking pleasure in the cryptokitty application that seems to be taking the ethereum network by storm.

While DNotes has no immediate plans to enter gaming, it has certainly come up as a topic of interest for us. Growing up I thoroughly enjoyed playing through many games, and in my view I think the wide and forward-thinking (younger) demographics that dominate the online competitive gaming scene make for perfect targets for cryptocurrency immersion. There is also clearly a cultural phenomenon aspect to casual gaming, like that of cryptokitties. I'm sure at the right time in the future we may be active in the gaming markets in some way -- whether by direct development for education or payment purposes, or through strategic partnerships where we may help gaming businesses reach their objectives as part of NextGen VC.

  That looks really, cool. Great job, Addy.

Yeah, my daughter is going to start playing CryptoKitties soon. I just need to figure out what to trade to get her some startup ether (I won't be selling DNotes for the cause LOL).

I read up on it some last night, and it looks strangely addicting...

My daughter and I started getting into this game this past weekend.

Addy named our first Cryptokitty fluffplum, a portmanteau based on the parents names: cloudyredfluff and CrazyPlum.

https://www.cryptokitties.co/kitty/225886

Just another update, "As long as the miners can connect to stratum then nothing is lost.", which is the back end that handles and records the information. The error message, such as "We are investingating issues in the backend. Your shares and hashrate are safe and we will fix things ASAP." or "Findblocks disabled, new blocks will currently not show up in the frontend" are on the front end side, usually indicates there is an issue with the cron and updating information back to the website. He is looking into possible solutions to keep the cron running or potentially an MPOS update that may help with the issue.

Very interesting Denver Dan. I'm not keen on ICO's in their current state, given my lack of trust in the issuers and facilitators; but am not against investing in startups. There isn't a single group in this industry that I would blindly trust with my money at this point in time. That's why I'm so excited for the launch of DNotes' venture capital platform; the ability to invest in new entrepreneurs, facilitated by a group of people I have grown to trust over the last few years. You can rest assured that the businesses DNotes accepts into their system will be viable (no dice games or ponzi schemes), so investors will likely invest with more confidence as they grow to trust the sound judgement of the DNotes team.

https://cointelegraph.com/explained/how-to-make-blockchain-projects-and-icos-appealing-to-traditional-investors-explained

It looks like the Cointelegraph is writing the simple preface to the DNotes story.  We could add a whole book behind this...oh wait...

Just got in touch, apparently he has seen an increase of issues lately and investigating potential server issues. Not just the pool server, but other servers he has running as well. Right now it appears to mining ok, but the cron that is reporting the information, like findblocks is stuck or catching up.

UK Spy Agency Tasked with Review of Bitcoin Risk

https://dcebrief.com/uk-spy-agency-tasked-with-review-of-bitcoin-risk/

Looks like pool issues again tonight....

Thanks for the informative articles. I especially enjoyed looking over the infographic from DNotesEDU.

Here's a fun one: CryptoKitties is taking the Ethereum network by storm: https://cointelegraph.com/news/cryptokitties-sales-hit-12-million-could-be-ethereums-killer-app-after-all

I looked over the CryptoKitties website and read pretty much everything except the white paper. Although you have to put some real money into it, it actually has a lot of educational value. It's a fun way to learn how the block chain and smart contracts work. I'm actually considering getting my older kids some ether and letting them have at it.

I hope gamification is part of DNotes' plan. It's just fun. And it can be a fun way to learn the ropes too if the game is done right.

Very busy indeed, great job guys!