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Topic: DNotes 2.0 - Staking, CRISP Interest, DNotes Pay - page 258. (Read 148848 times)

member
Activity: 135
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After a super big lose of 94% i moved my coins from poloniex to cryptopia. My question is If someone leave DNotes on exchange will they be swapped automatically or what?


That depends on each individual exchange and what their policies are. You can always open a free account at the DNotesVault and move your coins there. Or download the DNotes wallet. Those will be swapped automatically.

I would recommend against leaving coins on any exchange long term if you aren't actively trading them.
member
Activity: 104
Merit: 10
After a super big lose of 94% i moved my coins from poloniex to cryptopia. My question is If someone leave DNotes on exchange will they be swapped automatically or what?
member
Activity: 80
Merit: 10
Mobile Payments in China
[...]
The ease of use, and adoption rate really interested me because at the front end, it looks just like how I imagine cryptocurrency payments will work. Of course the back end needs to resolve the speed issues but will have the advantage of much lower fees due to much simpler and more reliable infrastructure. After seeing this, I'm now of the growing opinion that between now and a dominant cryptocurrency option, we'll see a number of hybrid versions where the existing systems provide a wallet service that can be topped up using a cryptocurrency payment or emptied back into a cryptocurrency address.

WeChat is owned by Tencent Holdings Limited in China. And Alipay is also owned by a Chinese company, Alibaba Group Holding Limited. So while China is still forming its relationship with cryptocurrency it is unlikely we'll see a hybrid payment system any time soon. But if a mobile payment application becomes as popular as cash in the western world and implements a cryptocurrency wallet system, this will put a lot of pressure on China to do the same or risk losing their first-to-market advantage.

Yes, it is. I'm in China. Because in China people don't use credit card very often like America. Most credit card need password when paying and the service is not as good as America. But now everyone is using Wechat, that's why. In China Wechat Pay is more Popular than Alipay because Wechat is a chatting app even old people are using it, it's much more convenient. Especially in shop there is Wechat Pay but not Alipay.

The finance market in China is huge. I'm so sure about it. Now crypto exchanges are banned, it will open one day, not too long. When that time comes all the Chinese blockchain projects will moon for sure. Most exchanges in China have already moved outside, Hong Kong, Japan and so on.

Thanks kopes18 for your insights. I was only there for a very short time, so I'm grateful to know my first impression of mobile payments in China was accurate. It is also interesting to read your opinion that there is more to come from China in the blockchain industry.

I know now that it is officially illegal to gamble in China, and I also got the impression that Chinese people believe a lot in luck and like to gamble a little bit too. The blockchain industry is so risky, but can provide such high returns, that it is not so different from gambling. My guess is that China will want to keep its people safe from gambling too much on blockchain industries and won't be friendly to blockchain projects until it knows how to keep it safe.

I also appreciate the great questions you asked about DNotes, and how you are not afraid to say when you don't understand something or feel like there is more to answer. I learnt a few things from the answers you got, even though I've been around for a while now. I also had a look at the github activity. I'm not much of a programmer, but I can read code well enough to know what is significant coding, and what is more like refactoring. So I'm also looking forward to seeing more code being committed soon. I took a look at the Stratis Github page too, and noticed how much they are also working with C# and the .net framework.

As for your English, I'm just glad that you've contributed to this forum, and so long as I understand you, I am happy. The cryptocurrency movement is a global development, and I'm glad that everyone is getting involved, not just one culture. This forum is also much more interested in the ideas of members rather than how their ideas are worded. That is another thing I like about DNotes, they are kind.

Haha I never related this to gamble. But maybe there are some relationship. The main reason I think is now ppl in China, even old ppl, they are very positive to new technology. Cause they already saw the big impact of mobile phone, e-commerce, Tesla and so on. People like investment but not gamble. Actually this time I think the government are very positive and not saying blockchain and crypto currency are illegal. There were too many scams at that time, the government clean the market, for long term it’s good. Well it’s a good chance if DNotes can be listed on some Chinese exchanges before the market open.

Most coins I know they are driven by developers but lack of marketing, but DNotes seems the reverse haha. For what I understand it’s very important for a coin to success in long term to have a very clear technical advantage. I rate this part very much. For example BTX, I’m one of the very early investors, it adds Segwit and with an interesting way of airdrop at that time. But for DNotes it’s unclear to see this part, I really want know more about dev and coding but can’t get much info to gain my confidence. If I just invest it’s really like gamble for me, but maybe I will still invest a little.
full member
Activity: 187
Merit: 100
Professional cryptocurrency writer incl DNotes.
Mobile Payments in China
[...]
The ease of use, and adoption rate really interested me because at the front end, it looks just like how I imagine cryptocurrency payments will work. Of course the back end needs to resolve the speed issues but will have the advantage of much lower fees due to much simpler and more reliable infrastructure. After seeing this, I'm now of the growing opinion that between now and a dominant cryptocurrency option, we'll see a number of hybrid versions where the existing systems provide a wallet service that can be topped up using a cryptocurrency payment or emptied back into a cryptocurrency address.

WeChat is owned by Tencent Holdings Limited in China. And Alipay is also owned by a Chinese company, Alibaba Group Holding Limited. So while China is still forming its relationship with cryptocurrency it is unlikely we'll see a hybrid payment system any time soon. But if a mobile payment application becomes as popular as cash in the western world and implements a cryptocurrency wallet system, this will put a lot of pressure on China to do the same or risk losing their first-to-market advantage.

Yes, it is. I'm in China. Because in China people don't use credit card very often like America. Most credit card need password when paying and the service is not as good as America. But now everyone is using Wechat, that's why. In China Wechat Pay is more Popular than Alipay because Wechat is a chatting app even old people are using it, it's much more convenient. Especially in shop there is Wechat Pay but not Alipay.

The finance market in China is huge. I'm so sure about it. Now crypto exchanges are banned, it will open one day, not too long. When that time comes all the Chinese blockchain projects will moon for sure. Most exchanges in China have already moved outside, Hong Kong, Japan and so on.

Thanks kopes18 for your insights. I was only there for a very short time, so I'm grateful to know my first impression of mobile payments in China was accurate. It is also interesting to read your opinion that there is more to come from China in the blockchain industry.

I know now that it is officially illegal to gamble in China, and I also got the impression that Chinese people believe a lot in luck and like to gamble a little bit too. The blockchain industry is so risky, but can provide such high returns, that it is not so different from gambling. My guess is that China will want to keep its people safe from gambling too much on blockchain industries and won't be friendly to blockchain projects until it knows how to keep it safe.

I also appreciate the great questions you asked about DNotes, and how you are not afraid to say when you don't understand something or feel like there is more to answer. I learnt a few things from the answers you got, even though I've been around for a while now. I also had a look at the github activity. I'm not much of a programmer, but I can read code well enough to know what is significant coding, and what is more like refactoring. So I'm also looking forward to seeing more code being committed soon. I took a look at the Stratis Github page too, and noticed how much they are also working with C# and the .net framework.

As for your English, I'm just glad that you've contributed to this forum, and so long as I understand you, I am happy. The cryptocurrency movement is a global development, and I'm glad that everyone is getting involved, not just one culture. This forum is also much more interested in the ideas of members rather than how their ideas are worded. That is another thing I like about DNotes, they are kind.
member
Activity: 80
Merit: 10
Hi, @DNotes @Dyna. Great thanks for answering my newbie questions.

I see the the coin launched on 2014, the actual dev starts from April 2017. During 2014 and 2017 what DNotes focused is marketing.

I think it will be great to add some new technical improvement, for example: consensus protocol, lightening network, private sending and so on.

For me, I was a developer, making development thoughts and basic report are not complicated, actually quite simple and fun. Cause it's sharing the new ideas and progresses to everyone. I even write some to myself helping me organize the coding design.

If the developer could push the work to Github I'm sure this will gain a lot faith to DNotes holders.

Why not coding in the open source way? So that ppl can also contribute ideas, even code to DNotes2.0. Although I'm not a blockchain developer, but maybe someone in the community is good at this. For example the development of Linux and Bitcoin.

Since DNotes Global is not a none profit foundation, what the business plan to attract and convince investors to invest in the company?

No problem kopes18.

To see the projects we have been working on since 2014, please see our roadmap here: http://dnotescoin.com/dnotes-roadmap/
Quote from Alan above "For the first three years, we focused in developing our ecosystems, i.e. – CryptoMoms, DNotesVault, Family of CRISPs, DCEBrief and my book. We waited for the technology to mature and only started working on software development [of DNotes 2.0] on April 1, 2017."

Also see 2017 in the roadmap for our list of carefully planned technical improvements for DNotes 2.0.

As far as open source / github, please see my response above here: https://bitcointalksearch.org/topic/m.24964592
Our GitHub is absolutely open for anyone to contribute, but once the base code of DNotes 2.0 is completed we can more actively promote contributions along with bounties. There is the possibility some of the code will be radically different, so it doesn't make sense for us to promote it until DNotes 2.0 is ready.

DNotes Global Inc. is a for-profit company, for more information on this please see the DNotes story here: http://dnotescoin.com/the-dnotes-story-an-unfolding-big-bold-idea-of-global-scale/
http://dnotescoin.com/the-dnotes-story-an-unfolding-big-bold-idea-of-global-scale/
I still can't see the business model of DNotes Global as a company.

It is easy to get confused. DNotes itself is a decentralized digital currency. It is governed by algorithm. By itself, and I am trying to keep it simple, it has little capability of executing a business model or business plan. It is leaderless and it cannot be controlled by an individual or a group of individual like a real world business.

We recognize that as a short coming of a decentralized organization. We believe that it is important to have a group, such as ourselves and our community to have sufficient self interest to promote and protect the best interest of DNotes. DNotes Global is an addition to that efforts to carry out the proposed projects on our road-map.

 
Oh yes, I understand the currency part. But I think to attract Reg. A+ investment the DNotes Global inc should have a business plan for the company investors. I just don't see this part for now. Thanks!
legendary
Activity: 1610
Merit: 1060
Hi, @DNotes @Dyna. Great thanks for answering my newbie questions.

I see the the coin launched on 2014, the actual dev starts from April 2017. During 2014 and 2017 what DNotes focused is marketing.

I think it will be great to add some new technical improvement, for example: consensus protocol, lightening network, private sending and so on.

For me, I was a developer, making development thoughts and basic report are not complicated, actually quite simple and fun. Cause it's sharing the new ideas and progresses to everyone. I even write some to myself helping me organize the coding design.

If the developer could push the work to Github I'm sure this will gain a lot faith to DNotes holders.

Why not coding in the open source way? So that ppl can also contribute ideas, even code to DNotes2.0. Although I'm not a blockchain developer, but maybe someone in the community is good at this. For example the development of Linux and Bitcoin.

Since DNotes Global is not a none profit foundation, what the business plan to attract and convince investors to invest in the company?

No problem kopes18.

To see the projects we have been working on since 2014, please see our roadmap here: http://dnotescoin.com/dnotes-roadmap/
Quote from Alan above "For the first three years, we focused in developing our ecosystems, i.e. – CryptoMoms, DNotesVault, Family of CRISPs, DCEBrief and my book. We waited for the technology to mature and only started working on software development [of DNotes 2.0] on April 1, 2017."

Also see 2017 in the roadmap for our list of carefully planned technical improvements for DNotes 2.0.

As far as open source / github, please see my response above here: https://bitcointalksearch.org/topic/m.24964592
Our GitHub is absolutely open for anyone to contribute, but once the base code of DNotes 2.0 is completed we can more actively promote contributions along with bounties. There is the possibility some of the code will be radically different, so it doesn't make sense for us to promote it until DNotes 2.0 is ready.

DNotes Global Inc. is a for-profit company, for more information on this please see the DNotes story here: http://dnotescoin.com/the-dnotes-story-an-unfolding-big-bold-idea-of-global-scale/
http://dnotescoin.com/the-dnotes-story-an-unfolding-big-bold-idea-of-global-scale/
I still can't see the business model of DNotes Global as a company.

It is easy to get confused. DNotes itself is a decentralized digital currency. It is governed by algorithm. By itself, and I am trying to keep it simple, it has little capability of executing a business model or business plan. It is leaderless and it cannot be controlled by an individual or a group of individual like a real world business.

We recognize that as a short coming of a decentralized organization. We believe that it is important to have a group, such as ourselves and our community to have sufficient self interest to promote and protect the best interest of DNotes. DNotes Global is an addition to that efforts to carry out the proposed projects on our road-map.

 
member
Activity: 80
Merit: 10
Hi, @DNotes @Dyna. Great thanks for answering my newbie questions.

I see the the coin launched on 2014, the actual dev starts from April 2017. During 2014 and 2017 what DNotes focused is marketing.

I think it will be great to add some new technical improvement, for example: consensus protocol, lightening network, private sending and so on.

For me, I was a developer, making development thoughts and basic report are not complicated, actually quite simple and fun. Cause it's sharing the new ideas and progresses to everyone. I even write some to myself helping me organize the coding design.

If the developer could push the work to Github I'm sure this will gain a lot faith to DNotes holders.

Why not coding in the open source way? So that ppl can also contribute ideas, even code to DNotes2.0. Although I'm not a blockchain developer, but maybe someone in the community is good at this. For example the development of Linux and Bitcoin.

Since DNotes Global is not a none profit foundation, what the business plan to attract and convince investors to invest in the company?

No problem kopes18.

To see the projects we have been working on since 2014, please see our roadmap here: http://dnotescoin.com/dnotes-roadmap/
Quote from Alan above "For the first three years, we focused in developing our ecosystems, i.e. – CryptoMoms, DNotesVault, Family of CRISPs, DCEBrief and my book. We waited for the technology to mature and only started working on software development [of DNotes 2.0] on April 1, 2017."

Also see 2017 in the roadmap for our list of carefully planned technical improvements for DNotes 2.0.

As far as open source / github, please see my response above here: https://bitcointalksearch.org/topic/m.24964592
Our GitHub is absolutely open for anyone to contribute, but once the base code of DNotes 2.0 is completed we can more actively promote contributions along with bounties. There is the possibility some of the code will be radically different, so it doesn't make sense for us to promote it until DNotes 2.0 is ready.

DNotes Global Inc. is a for-profit company, for more information on this please see the DNotes story here: http://dnotescoin.com/the-dnotes-story-an-unfolding-big-bold-idea-of-global-scale/
http://dnotescoin.com/the-dnotes-story-an-unfolding-big-bold-idea-of-global-scale/
I still can't see the business model of DNotes Global as a company.
legendary
Activity: 1932
Merit: 1111
DNotes
Hi, @DNotes @Dyna. Great thanks for answering my newbie questions.

I see the the coin launched on 2014, the actual dev starts from April 2017. During 2014 and 2017 what DNotes focused is marketing.

I think it will be great to add some new technical improvement, for example: consensus protocol, lightening network, private sending and so on.

For me, I was a developer, making development thoughts and basic report are not complicated, actually quite simple and fun. Cause it's sharing the new ideas and progresses to everyone. I even write some to myself helping me organize the coding design.

If the developer could push the work to Github I'm sure this will gain a lot faith to DNotes holders.

Why not coding in the open source way? So that ppl can also contribute ideas, even code to DNotes2.0. Although I'm not a blockchain developer, but maybe someone in the community is good at this. For example the development of Linux and Bitcoin.

Since DNotes Global is not a none profit foundation, what the business plan to attract and convince investors to invest in the company?

No problem kopes18.

To see the projects we have been working on since 2014, please see our roadmap here: http://dnotescoin.com/dnotes-roadmap/
Quote from Alan above "For the first three years, we focused in developing our ecosystems, i.e. – CryptoMoms, DNotesVault, Family of CRISPs, DCEBrief and my book. We waited for the technology to mature and only started working on software development [of DNotes 2.0] on April 1, 2017."

Also see 2017 in the roadmap for our list of carefully planned technical improvements for DNotes 2.0.

As far as open source / github, please see my response above here: https://bitcointalksearch.org/topic/m.24964592
Our GitHub is absolutely open for anyone to contribute, but once the base code of DNotes 2.0 is completed we can more actively promote contributions along with bounties. There is the possibility some of the code will be radically different, so it doesn't make sense for us to promote it until DNotes 2.0 is ready.

DNotes Global Inc. is a for-profit company, for more information on this please see the DNotes story here: http://dnotescoin.com/the-dnotes-story-an-unfolding-big-bold-idea-of-global-scale/
member
Activity: 92
Merit: 12
Just bought 15K+ more. poloniex is now delisted Note. it was good price on poloniex on the close. I was able to withdraw my funds without any problems after the closure. I'm sure we will start to see the price level off or even go up now that thats over with.
member
Activity: 80
Merit: 10
Hi, @DNotes @Dyna. Great thanks for answering my newbie questions.

I see the the coin launched on 2014, the actual dev starts from April 2017. During 2014 and 2017 what DNotes focused is marketing.

I think it will be great to add some new technical improvement, for example: consensus protocol, lightening network, private sending and so on.

For me, I was a developer, making development thoughts and basic report are not complicated, actually quite simple and fun. Cause it's sharing the new ideas and progresses to everyone. I even write some to myself helping me organize the coding design.

If the developer could push the work to Github I'm sure this will gain a lot faith to DNotes holders.

Why not coding in the open source way? So that ppl can also contribute ideas, even code to DNotes2.0. Although I'm not a blockchain developer, but maybe someone in the community is good at this. For example the development of Linux and Bitcoin.

Since DNotes Global is not a none profit foundation, what the business plan to attract and convince investors to invest in the company?
sr. member
Activity: 1078
Merit: 310
AKA RJF - Member since '13
Hi all. Just a brief post to let you know that World Funding Summit was a fantastic success. DNotes’ presence was felt - with respect and admiration. I just got home for a few hours, rather exhausted, without sleep for the last 36 hours. Joe should be home by now. He was a huge help. We will be providing more details later and will be providing some video clips in a day or two.

- SNIP -

We are quite certain that DNotes Global, Inc. will launch a Regulation A+ Mini-IPO of Title IV Tier II of the JOBS Act. It is now in our front burner. 2018 will be an amazing year for DNotes. It has been a long and demanding path that we have chosen but the right path. ICO debacle seems to make it easier for others to understand the DNote’s vision and while we stayed clear of ICOs. We are here for the long-term and the mutual benefits of everyone. “Where we are now matters far less than where we are going from here” Alan Yong.


Very nice Alan, this looks like the perfect vehicle to position DNotes Global where you need it to be. Good luck with the filing. I see polo hasn't yet pulled us, I'll check back after midnight.
full member
Activity: 1078
Merit: 102
Alan Yong at World Funding Summit: “If You Truly Want to Change the World…”

https://dcebrief.com/alan-yong-at-world-funding-summit-if-you-truly-want-to-change-the-world/
legendary
Activity: 1610
Merit: 1060
Mobile Payments in China
One of the things about China that surprised me the most was the number of businesses accepting payments via a mobile phone app. In fact it was rare to see a business that didn't have a QR code sign displayed for this purpose. Even the small street-food stands all had them.




And it seemed to be about half the payments I observed were done using a mobile phone instead of cash. Sometimes the mobile phone was faster, other times the cash. When a mobile phone was used, the confirmation was usually made just by the buyer showing their successful transaction to the seller.

Of the options available, AliPay and WeChat seemed to be the top two choices. All of them seem to use a simple system where you scan a QR code with your mobile phone, type in the amount to pay, and confirm it with a button press. The verification seemed to be instant.

The ease of use, and adoption rate really interested me because at the front end, it looks just like how I imagine cryptocurrency payments will work. Of course the back end needs to resolve the speed issues but will have the advantage of much lower fees due to much simpler and more reliable infrastructure. After seeing this, I'm now of the growing opinion that between now and a dominant cryptocurrency option, we'll see a number of hybrid versions where the existing systems provide a wallet service that can be topped up using a cryptocurrency payment or emptied back into a cryptocurrency address.

WeChat is owned by Tencent Holdings Limited in China. And Alipay is also owned by a Chinese company, Alibaba Group Holding Limited. So while China is still forming its relationship with cryptocurrency it is unlikely we'll see a hybrid payment system any time soon. But if a mobile payment application becomes as popular as cash in the western world and implements a cryptocurrency wallet system, this will put a lot of pressure on China to do the same or risk losing their first-to-market advantage.

Excellent reporting, Tim. We missed you. WeChat makes thing so simple and user friendly it became a communication tool their rapidly growing network of participants can't do without. Mobile payment was their natural fit.

We have other ideas for the future, but perhaps should not get too far ahead of ourselves. Just a hint - your phone is an integral part of you in many respect. 
legendary
Activity: 1610
Merit: 1060
Farewell, Poloniex!

We wish you the best and appreciate that you listed DNotes on your exchange when others skipped us because DNotes was just a new-born. I just wish that we know why you dumped us when we needed you the most – like a baby just learning to walk.

I have learned a long time ago, that if one must under-estimate the future of someone, it is far wiser to pick the old guy on his last leg and not someone young. DNotes is still in its infancy - for whatever reasons you may have, we may prove you wrong.

DNotes will cease trading on Poloniex exchange at any minute or any hour today, November 21, 2017. It is with deep regret that I am posting this reminder for DNotes’ stakeholders. 
legendary
Activity: 1610
Merit: 1060
Hi, Dear DNotes Community, thanks for your reply I got much info about the current project situation. I fast skimmed a lot posts in this forum and read the news of DNotes on the website. Still have some questions.

1. DNote Global Inc, the company, is it already registered? If so can anyone provide the legal paper, anywhere can I validate this?

2. If DNote Global want to run a currency like business in the US. It will have legal problem in the future for sure if DNote do popular and has a lot users. Maybe consider moving the company to other countries.

3. I do read some news and posts, but really can't see any technical updates. That's my biggest concern. Can we have a details developers list? Can we also post tech development improvement in the blog with code and thoughts so we can follow at the technical view?
I found this github repo https://github.com/DNotesCoin/DNotes-2.0
Cause I was a developer, but never develop crypto currency, so I checked the commits. There seems no actual development, all the changes look like change some configuration and add some front end. It doesn't look like working on a newly upgrade,  but I'm familiar with crypto code so I could be wrong.
Two people has contributed to the code, not active.

4. About Regulation A+, crypto currency and blockchain actually is very hot in China now, you may already know some good projects like NEO and Qtum. For what I know VC only interest in projects having improved blockchain technology, but will almost not invest in a crypto which is common in the market, because DNotes for what I know is based on CryptoNote and many features are already exits in many projects and many of them are very successful. Most projects are open sourced, copying the code, do some minor change then create a new coin is very easy. For this part I think it's very very difficult for DNotes to get a VC investment.
If we can't get this investment, what's the future of DNotes and how to get development done?

5. From a technique view, including the 2.0 upgrade, what's the competitive advantage? For example Zerocoin and Zcash, people can clearly see the different implementation they made to achieve the transaction privacy. Bitsend(BSD) is fork of Dash, but BSD still do something differently, it has a higher version of Bitcoin Core. BitBean has a faster transaction and so on. I think people do value this very much. Can developers also provide this?

Sorry for asking so many questions, English is not my first language. I do like DNotes community, very kind and patience. Thanks!

Thank you, kopes18 for asking many relevant questions. Some of them have been asked and answered which I may not have time to go into any details because of my busy schedule today.

1. DNote Global Inc, the company, is it already registered? If so can anyone provide the legal paper, anywhere can I validate this?

DNotes Global, Inc. is incorporated in the State of Delaware on April 1, 2016 as a “C” corporation, File Number 6005128. It is listed on Bizapedia HERE: https://www.bizapedia.com/de/dnotes-global-inc.html

It is also registered with the Secretary of State in Illinois File Number 7063-3744 (doing business in the state of Illinois, as required by law). Additionally, we are registered with IRS and the Employer Identification Number is: 81-2092465.

Please understand that there are limited activities. The company was incorporated in anticipation that A+ Mini-IPO under title IV Tier II may be our best funding option. As it turns out our prepositioning was a wise move. We will be able to provide audited financial statements, as required, as a result the early incorporation.

It may be appropriate for me to stress the importance of my book “Improve Your Odds – The Four Pillars of Business Success”  https://fourpillarsofbusinesssuccess.com/

For purposes of raising up $50 million using A+ Mini-IPO the book could be the single most valuable contributor. Many serious investors value completed projects of substance. The days of raising $200+ million based on just a white paper with stunning graphics and outlandish promises are coming to an end. I have spent over a year writing the book and producing about 70 educational videos. A significant amount of money has been invested in the book project alone and it has been gifted to DNotes Global, Inc. 100% royalty free.

 2. If DNote Global want to run a currency like business in the US. It will have legal problem in the future for sure if DNote do popular and has a lot users. Maybe consider moving the company to other countries.

Having been here for 46 years, I am convinced that United States is the preferred country for DNotes Global, Inc. There are burdensome rules and regulations. In our case, that could be a competitive advantage and a benefit to our stakeholders because of the increased level of consumer protection as required by law. Don’t get me wrong. I have plenty to say about burdensome and duplicative regulations. Save that for another day.

3. I do read some news and posts, but really can't see any technical updates. That's my biggest concern. Can we have a details developers list? Can we also post tech development improvement in the blog with code and thoughts so we can follow at the technical view?
I found this github repo https://github.com/DNotesCoin/DNotes-2.0
Cause I was a developer, but never develop crypto currency, so I checked the commits. There seems no actual development, all the changes look like change some configuration and add some front end. It doesn't look like working on a newly upgrade,  but I'm familiar with crypto code so I could be wrong.
Two people has contributed to the code, not active.


I will let Joe respond to this one but add. Yes, we are a small team. For the first three years, we focused in developing our ecosystems, i.e. – CryptoMoms, DNotesVault, Family of CRISPs, DCEBrief and my book. We waited for the technology to mature and only started working on software development on April 1, 2017. This marks the beginning of a very serious commitment. I always believe in doing the right thing, at the right time, the right way. I also believe in the most efficient ways of doing things. Sometime it is not wise to seek glory but instead use the time to do things of substance. That may explain why DNotes has so much accomplished. We are at the infancy of software development. There are many in our industry way ahead of us. We respect them and learn from them.  But that will change dramatically in 2018.

4. About Regulation A+, crypto currency and blockchain actually is very hot in China now, you may already know some good projects like NEO and Qtum. For what I know VC only interest in projects having improved blockchain technology, but will almost not invest in a crypto which is common in the market, because DNotes for what I know is based on CryptoNote and many features are already exits in many projects and many of them are very successful. Most projects are open sourced, copying the code, do some minor change then create a new coin is very easy. For this part I think it's very very difficult for DNotes to get a VC investment.
If we can't get this investment, what's the future of DNotes and how to get development done?


This is a multiple parts loaded question. I may not be able to address all the different issues.

Here is my take: DNotes is a decentralized currency and will remain as one. I am quite certain that DNotes cannot be qualified and approved under A+ title IV Tier II of the Jobs Act to conduct an IPO. We are using DNotes Global, Inc. to launch the A+ Mini-IPO. The time is likely to be in DNotes Global, Inc. favor in the mist of ICO legal struggle. I believe that the worse is yet to come for ICOs.

The beauty of using A+ Mini-IPO Tier II is that we are not dependend on VC funding. Once approved, it is legally available for global participation of both verified accredited investors and non-accredited investors; limited to 10% of their annual income or net worth – whichever is greater. We can legally promote and advertise worldwide involving multi platforms.

DNotes is not based on CryptoNote nor is DNotes 2.0. The current version is closest to Litecoin and DNotes 2.0 is closest to Stratis. As we evolve DNotes 2.0 will include unique contributions and will be open sourced.

5. From a technique view, including the 2.0 upgrade, what's the competitive advantage? For example Zerocoin and Zcash, people can clearly see the different implementation they made to achieve the transaction privacy. Bitsend(BSD) is fork of Dash, but BSD still do something differently, it has a higher version of Bitcoin Core. BitBean has a faster transaction and so on. I think people do value this very much. Can developers also provide this?

Please refer to Joe’s response.

Sorry for asking so many questions, English is not my first language. I do like DNotes community, very kind and patience. Thanks!

Everyone is welcome to ask questions. Your English is excellent. Great job.
member
Activity: 171
Merit: 10
Bitcoin Is Not a Fraud as Jamie Dimon Stated
Alan Yong speaking at the World Funding Summit 2017


https://youtu.be/lKGZxrXOnJY

That was great! I'd give Alan the edge in a cage match, Jamie Dimon just doesn't have the same level of tenacity.
legendary
Activity: 1932
Merit: 1111
DNotes
Bitcoin Is Not a Fraud as Jamie Dimon Stated
Alan Yong speaking at the World Funding Summit 2017


https://youtu.be/lKGZxrXOnJY
legendary
Activity: 1932
Merit: 1111
DNotes
Hi, Dear DNotes Community, thanks for your reply I got much info about the current project situation. I fast skimmed a lot posts in this forum and read the news of DNotes on the website. Still have some questions.

1. DNote Global Inc, the company, is it already registered? If so can anyone provide the legal paper, anywhere can I validate this?

2. If DNote Global want to run a currency like business in the US. It will have legal problem in the future for sure if DNote do popular and has a lot users. Maybe consider moving the company to other countries.

3. I do read some news and posts, but really can't see any technical updates. That's my biggest concern. Can we have a details developers list? Can we also post tech development improvement in the blog with code and thoughts so we can follow at the technical view?
I found this github repo https://github.com/DNotesCoin/DNotes-2.0
Cause I was a developer, but never develop crypto currency, so I checked the commits. There seems no actual development, all the changes look like change some configuration and add some front end. It doesn't look like working on a newly upgrade,  but I'm familiar with crypto code so I could be wrong.
Two people has contributed to the code, not active.

4. About Regulation A+, crypto currency and blockchain actually is very hot in China now, you may already know some good projects like NEO and Qtum. For what I know VC only interest in projects having improved blockchain technology, but will almost not invest in a crypto which is common in the market, because DNotes for what I know is based on CryptoNote and many features are already exits in many projects and many of them are very successful. Most projects are open sourced, copying the code, do some minor change then create a new coin is very easy. For this part I think it's very very difficult for DNotes to get a VC investment.
If we can't get this investment, what's the future of DNotes and how to get development done?

5. From a technique view, including the 2.0 upgrade, what's the competitive advantage? For example Zerocoin and Zcash, people can clearly see the different implementation they made to achieve the transaction privacy. Bitsend(BSD) is fork of Dash, but BSD still do something differently, it has a higher version of Bitcoin Core. BitBean has a faster transaction and so on. I think people do value this very much. Can developers also provide this?

Sorry for asking so many questions, English is not my first language. I do like DNotes community, very kind and patience. Thanks!

Hi kopes18, Alan will answer a few of these questions as well.

3 - We have taken the approach that it is better to have a sole core developer for the base of DNotes 2.0. He will be able to make the code more cohesive and unified using this approach, opposed to having multiple people working in different directions and then have to get all the different code to talk to each other. Once DNotes 2.0 is completed, he will know the DNotes 2.0 code inside and out, this will afford us a very knowledgeable resource to train others and continue our development. You can find him on our homepage, http://dnotescoin.com/, Ken Blanchard.

He has been able to sufficiently convince us that he can do the job, though it is taking longer than any of us expected. As a result we asked Ken to upload the code to github to show that we are actively working on the code, and ensure everyone knows we are making some progress. However, updates to the github do not reflect exactly what is actually happening behind the scenes. With a new code base there is much trial and error and directional changes.

As far as having development blog and updates, we do some of that here on the forum and have posted some on the DNotes blog. However, we don't want to spend a lot of time writing technical explanations for each segment as we go, just as we are here now, we don't want to have Ken spending more time talking about the code than actually coding. That would simply prolong the process, but I do understand and respect where you are coming from, and once we get done with the core code we can take a serious look in this direction.

5 - This reminds me of a recent conversation with a local development firm we are considering. After spending a good deal of time explaining the entire scope of DNotes and where we are headed, the director had mentioned "Now the proposed changes are making sense" or something along those lines. I do understand what you are saying, when you have a big technical challenge and addressing a specific problem that is easy for people to understand, it is much easier to communicate the scope of your project and realize the impact of solving that problem. The competitive advantages for DNotes are that we are building a cryptocurrency that is meant to meet the full functions of money, where everyone at any level can participate, coupled with our shared stake concept. Once we are better positioned in DNotes 2.0, we can actually target and draw some attention to specific projects we have in mind to solve specific problems.

One such problem we are solving by moving to DNotes 2.0 is the mining problem and the impact it has on our market. DNotes is currently releasing around 1,000,000 DNotes to miners each month with significant reasons to take those coins directly to the exchange and sell them, causing a massive drain on the market in what I would consider our infancy stage.

As far as just taking another cryptocurrency and making some changes. I agree with you, that would be fairly easy and there are plenty of developers who can do that. However, that is not really what we are looking to do with DNotes 2.0. It may be a good starting point or last resort, but we would rather stick to our strategy.
member
Activity: 80
Merit: 10
Hi, Dear DNotes Community, thanks for your reply I got much info about the current project situation. I fast skimmed a lot posts in this forum and read the news of DNotes on the website. Still have some questions.

1. DNote Global Inc, the company, is it already registered? If so can anyone provide the legal paper, anywhere can I validate this?

2. If DNote Global want to run a currency like business in the US. It will have legal problem in the future for sure if DNote do popular and has a lot users. Maybe consider moving the company to other countries.

3. I do read some news and posts, but really can't see any technical updates. That's my biggest concern. Can we have a details developers list? Can we also post tech development improvement in the blog with code and thoughts so we can follow at the technical view?
I found this github repo https://github.com/DNotesCoin/DNotes-2.0
Cause I was a developer, but never develop crypto currency, so I checked the commits. There seems no actual development, all the changes look like change some configuration and add some front end. It doesn't look like working on a newly upgrade,  but I'm familiar with crypto code so I could be wrong.
Two people has contributed to the code, not active.

4. About Regulation A+, crypto currency and blockchain actually is very hot in China now, you may already know some good projects like NEO and Qtum. For what I know VC only interest in projects having improved blockchain technology, but will almost not invest in a crypto which is common in the market, because DNotes for what I know is based on CryptoNote and many features are already exits in many projects and many of them are very successful. Most projects are open sourced, copying the code, do some minor change then create a new coin is very easy. For this part I think it's very very difficult for DNotes to get a VC investment.
If we can't get this investment, what's the future of DNotes and how to get development done?

5. From a technique view, including the 2.0 upgrade, what's the competitive advantage? For example Zerocoin and Zcash, people can clearly see the different implementation they made to achieve the transaction privacy. Bitsend(BSD) is fork of Dash, but BSD still do something differently, it has a higher version of Bitcoin Core. BitBean has a faster transaction and so on. I think people do value this very much. Can developers also provide this?

Sorry for asking so many questions, English is not my first language. I do like DNotes community, very kind and patience. Thanks!
member
Activity: 80
Merit: 10
Mobile Payments in China
One of the things about China that surprised me the most was the number of businesses accepting payments via a mobile phone app. In fact it was rare to see a business that didn't have a QR code sign displayed for this purpose. Even the small street-food stands all had them.




And it seemed to be about half the payments I observed were done using a mobile phone instead of cash. Sometimes the mobile phone was faster, other times the cash. When a mobile phone was used, the confirmation was usually made just by the buyer showing their successful transaction to the seller.

Of the options available, AliPay and WeChat seemed to be the top two choices. All of them seem to use a simple system where you scan a QR code with your mobile phone, type in the amount to pay, and confirm it with a button press. The verification seemed to be instant.

The ease of use, and adoption rate really interested me because at the front end, it looks just like how I imagine cryptocurrency payments will work. Of course the back end needs to resolve the speed issues but will have the advantage of much lower fees due to much simpler and more reliable infrastructure. After seeing this, I'm now of the growing opinion that between now and a dominant cryptocurrency option, we'll see a number of hybrid versions where the existing systems provide a wallet service that can be topped up using a cryptocurrency payment or emptied back into a cryptocurrency address.

WeChat is owned by Tencent Holdings Limited in China. And Alipay is also owned by a Chinese company, Alibaba Group Holding Limited. So while China is still forming its relationship with cryptocurrency it is unlikely we'll see a hybrid payment system any time soon. But if a mobile payment application becomes as popular as cash in the western world and implements a cryptocurrency wallet system, this will put a lot of pressure on China to do the same or risk losing their first-to-market advantage.

Yes, it is. I'm in China. Because in China people don't use credit card very often like America. Most credit card need password when paying and the service is not as good as America. But now everyone is using Wechat, that's why. In China Wechat Pay is more Popular than Alipay because Wechat is a chatting app even old people are using it, it's much more convenient. Especially in shop there is Wechat Pay but not Alipay.

The finance market in China is huge. I'm so sure about it. Now crypto exchanges are banned, it will open one day, not too long. When that time comes all the Chinese blockchain projects will moon for sure. Most exchanges in China have already moved outside, Hong Kong, Japan and so on.
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