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Topic: DNotes 2.0 - Staking, CRISP Interest, DNotes Pay - page 263. (Read 148866 times)

full member
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European Commission Studying Feasibility of EU Blockchain Infrastructure

https://dcebrief.com/european-commission-studying-feasibility-of-eu-blockchain-infrastructure/
legendary
Activity: 1610
Merit: 1060
Ultimately number of coins doesn't matter, as the coins will find their value based on what the entire coin supply is worth. With that said, having a larger number of coins means that each coin will be worth a smaller amount and that could help keep costs of items purchased with that coin in terms of whole numbers. So Bitcoin has a limited supply of coins and each coin is worth over $6,000. That means that for the vast majority of ordinary purchases, it's going to be in decimals, like something will cost 0.001 BTC. That's not a problem, but just doesn't look as appealing. If you take a coin like NEM, for example, that has almost 9 Billion in circulation, and is currently valued at just under 20 cents, your average cup of coffee is going to be priced in terms of whole units rather than decimals, and overall that looks a bit better.

Thank you, wiser.
legendary
Activity: 1806
Merit: 1029
Ultimately number of coins doesn't matter, as the coins will find their value based on what the entire coin supply is worth. With that said, having a larger number of coins means that each coin will be worth a smaller amount and that could help keep costs of items purchased with that coin in terms of whole numbers. So Bitcoin has a limited supply of coins and each coin is worth over $6,000. That means that for the vast majority of ordinary purchases, it's going to be in decimals, like something will cost 0.001 BTC. That's not a problem, but just doesn't look as appealing. If you take a coin like NEM, for example, that has almost 9 Billion in circulation, and is currently valued at just under 20 cents, your average cup of coffee is going to be priced in terms of whole units rather than decimals, and overall that looks a bit better.
member
Activity: 171
Merit: 10
Why is there 128 million coins??? Isn't that a bit to much???

Sounds about right. I will let Joe confirm that later. We are expanding our team and Joe is very busy today with interviews. And I am also extremely busy preparing for my presentation at the World Funding Summit in LA later this week.

Maybe I'm stupid but I don't see the answer to my original questions why do you have so many coins? Why not something more fair?

Excuse me. You are right, I misunderstood your question.

There is no right answer whether 128 million coins is too many or too few. We all have an opinion and I respect that.

Look at BTC they are are a billion times bigger then you they have 21 millions you are a billion times smaller then them you have 128 billion. So how is that an option? You have to many coins isn't that true and not option? Why did you try to take so many couns by printing why didn't you take less by printing less then taking less form us?

The upside to having a highly deflationary model like Bitcoin is that when incoming supply becomes severely restricted, the price skyrockets (permitting demand remains constant) and everyone who invested early gets rich. The downside to having a deflationary model like Bitcoin is that the price skyrockets and puts investing in a meaningful way out of reach for the ordinary individual. This deflation will ultimately slow growth as alternatives that are more competitively priced can offer the same quality of services.
sr. member
Activity: 686
Merit: 251
I'm investigating Crypto Projects
Why is there 128 million coins??? Isn't that a bit to much???

Sounds about right. I will let Joe confirm that later. We are expanding our team and Joe is very busy today with interviews. And I am also extremely busy preparing for my presentation at the World Funding Summit in LA later this week.

Maybe I'm stupid but I don't see the answer to my original questions why do you have so many coins? Why not something more fair?

Excuse me. You are right, I misunderstood your question.

There is no right answer whether 128 million coins is too many or too few. We all have an opinion and I respect that.

Look at BTC they are are a billion times bigger then you they have 21 millions you are a billion times smaller then them you have 128 billion. So how is that an option? You have to many coins isn't that true and not option? Why did you try to take so many couns by printing why didn't you take less by printing less then taking less form us?
legendary
Activity: 1610
Merit: 1060
Why is there 128 million coins??? Isn't that a bit to much???

Sounds about right. I will let Joe confirm that later. We are expanding our team and Joe is very busy today with interviews. And I am also extremely busy preparing for my presentation at the World Funding Summit in LA later this week.

Maybe I'm stupid but I don't see the answer to my original questions why do you have so many coins? Why not something more fair?

Excuse me. You are right, I misunderstood your question.

There is no right answer whether 128 million coins is too many or too few. We all have an opinion and I respect that.
member
Activity: 171
Merit: 10
Why is there 128 million coins??? Isn't that a bit to much???

Sounds about right. I will let Joe confirm that later. We are expanding our team and Joe is very busy today with interviews. And I am also extremely busy preparing for my presentation at the World Funding Summit in LA later this week.

Maybe I'm stupid but I don't see the answer to my original questions why do you have so many coins? Why not something more fair?

What do you suggest?
sr. member
Activity: 686
Merit: 251
I'm investigating Crypto Projects
I hate when coins ignore questions!
sr. member
Activity: 686
Merit: 251
I'm investigating Crypto Projects
Why is there 128 million coins??? Isn't that a bit to much???

Sounds about right. I will let Joe confirm that later. We are expanding our team and Joe is very busy today with interviews. And I am also extremely busy preparing for my presentation at the World Funding Summit in LA later this week.

Maybe I'm stupid but I don't see the answer to my original questions why do you have so many coins? Why not something more fair?
legendary
Activity: 1610
Merit: 1060
Why is there 128 million coins??? Isn't that a bit to much???

Sounds about right. I will let Joe confirm that later. We are expanding our team and Joe is very busy today with interviews. And I am also extremely busy preparing for my presentation at the World Funding Summit in LA later this week.
sr. member
Activity: 686
Merit: 251
I'm investigating Crypto Projects
Why is there 128 million coins??? Isn't that a bit to much???
newbie
Activity: 14
Merit: 0
Hello DNOTES team,

I'm happy to announce that your coin has been listed to ItalYiiMP 2.0 for mining,

to get paid in NOTE just set c=NOTE as password in your configuration.

As an additional service, the explorer is available at the address http://italyiimp.com/explorer

visit http://italyiimp.com.

best regards.

Ragarg.
legendary
Activity: 1638
Merit: 1005


This is a small step, but a positive one towards cleaning up some of the deception in many of the ICOs:


Celebrities under SEC's radar for endorsing cryptocurrency products - https://www.techspot.com/news/71718-celebrities-under-sec-radar-endorsing-cryptocurrency-products.html

It would appear that the SEC is keeping an eye on ICO's, which is much needed at this point. Reckless negligence is rampant in our industry; it harms investors and it harms legitimate players. SEC Chief Jay Clayton has said, “I have yet to see an ICO that doesn’t have a sufficient number of hallmarks of a security.” Which would make it necessary for these offerings to register with the SEC, prior to fundraising in the US. Another question I have is, would offerings conducted in another country, but accepting money from domestic investors, be required to register with the SEC as well?


The SEC ruling on ICO's this summer stated that anyone that sells securities (the majority of ICOs seem to fit the criteria) in the U.S., has to follow federal security laws. This would mean registration with the SEC, as well as following any other laws that securities are subject to.
member
Activity: 171
Merit: 10

This is a small step, but a positive one towards cleaning up some of the deception in many of the ICOs:


Celebrities under SEC's radar for endorsing cryptocurrency products - https://www.techspot.com/news/71718-celebrities-under-sec-radar-endorsing-cryptocurrency-products.html

It would appear that the SEC is keeping an eye on ICO's, which is much needed at this point. Reckless negligence is rampant in our industry; it harms investors and it harms legitimate players. SEC Chief Jay Clayton has said, “I have yet to see an ICO that doesn’t have a sufficient number of hallmarks of a security.” Which would make it necessary for these offerings to register with the SEC, prior to fundraising in the US. Another question I have is, would offerings conducted in another country, but accepting money from domestic investors, be required to register with the SEC as well?
legendary
Activity: 1638
Merit: 1005

This is a small step, but a positive one towards cleaning up some of the deception in many of the ICOs:


Celebrities under SEC's radar for endorsing cryptocurrency products - https://www.techspot.com/news/71718-celebrities-under-sec-radar-endorsing-cryptocurrency-products.html
legendary
Activity: 1610
Merit: 1060
Too anyone who has doubts about DNotes:

I've been around this project since the beginning, long before I met the principles. I have bought, mined, received and, yes, sold DNotes in many ways for many reasons but I have never lost faith in this project. Unlike many, nay, most crypto projects, this one is not out to separate you from your money without giving back something more valuable. It is truly a shame that smart, visionaries, people who joined, and helped to build this industry, now only concern themselves with how much profit they can take from it. I suppose it's a natural evolution of the power of human greed and is to be expected but, it still surprises me non the less as my parents taught me to respect people with integrity and knowledge.

I see projects that were great and noble efforts at inception turn to pure greed over the short time crypto has been public. I have watched people who would have changed the world go down in smoke because they failed to get their message out. I have seen struggling inventors raise to fame and fortune by being in the right place at the right time and I have seen scam artists take millions from people who could ill afford to loose it but in all that, the promise of crypto currency survives.

DNotes is a survivor. Alan, Joe, Kevin and the crew are survivors. I have met them, discussed many issues with them and fully trust and believe in them. They will do more then survive, they will thrive and they don't have a problem sharing that with others. Success is a party that brings many new friends, failure is a lonely fate. As long as people believe in you and support you, there is no failure. When success comes, choose your new friends wisely.

But, business is just that, business. No matter how hard we try, it must remain impersonal. When it's good, everyone supports you, everyone is your friend. When it's not so good, the only ones still supporting you are the ones you take to the party later. Polo may be simply sticking to their rules, being business like and keeping the bottom line in view but, they won't be at the party.

So, I'm buying, care to join me?

PS: I have complete faith in the project and my name and reputation are still stamped on the Retirement CRISP, something I'm rather proud of by the way.  

PSS: Second graphic  Grin


Thank you very much RJF. We are privileged to have great supporters who have been with us from the early days, like yourself, in our community.



Thanks RJF!

This conversation reminds me of a couple things I've learned from Alan. The importance of company culture and a shared vision by everyone in the company, from the top executives to the clean up crew and everyone in between. That shared vision is driven by guiding principles. DNotes is very much like a business in this aspect. Our culture, shared vision, and guiding principles are all important to the success of DNotes.

Thank you, RJF. Trust and integrity cannot be bought with money nor be demanded by imperial power. It is best when someone like you spoke from the heart. To me, below are the most worthy quotes from your post worth repeating:

“Unlike many, nay, most crypto projects, this one is not out to separate you from your money without giving back something more valuable.” True. We work hard every day for the best interest of all our stakeholders with a single purpose – for the best success of DNotes to the benefit of everyone.

“my parents taught me to respect people with integrity and knowledge.” They are wise – there are few with both, and even fewer that you can be associated with that may benefit you in one way or another. Treasure it when you are fortunate enough to have such an opportunity.

“I have watched people who would have changed the world go down in smoke because they failed to get their message out.” I am not sure that we can change the world, but rest assured that we are giving it our best shot. We are on track to leaving a positive impact for the next generation to continue our mission. We have been low profile and measured in getting our message out – waiting for the appropriate time to get aggressive. We are getting very close. We believe in doing the right at the right time.

“Success is a party that brings many new friends, failure is a lonely fate.” Very true. I have been there. I was once very success at Dauphin Technology with IBM as our manufacturing partner.  http://articles.chicagotribune.com/1993-05-20/business/9305200013_1_pen-based-dauphin-technology-risc-system

We were a media sensation with a tablet computer that competed with Apple Newton (early generation of Iphone) and others.  The product, DTR, was amazing but the market was not ready. IBM bailed out and wrote off $40 million. I lost at least that much on paper over a weekend. My “friends” who often showed up for parties were gone. Very few returned my phone calls. Such is life. My mentor C.B. Tsen, taught me in my early 20s, “When you help others, don’t expect anything in return – because if you do, you will be disappointed but if you don’t you could be pleasantly surprised.” I still take that to heart because I love to help others.
legendary
Activity: 1932
Merit: 1111
DNotes
Too anyone who has doubts about DNotes:

I've been around this project since the beginning, long before I met the principles. I have bought, mined, received and, yes, sold DNotes in many ways for many reasons but I have never lost faith in this project. Unlike many, nay, most crypto projects, this one is not out to separate you from your money without giving back something more valuable. It is truly a shame that smart, visionaries, people who joined, and helped to build this industry, now only concern themselves with how much profit they can take from it. I suppose it's a natural evolution of the power of human greed and is to be expected but, it still surprises me non the less as my parents taught me to respect people with integrity and knowledge.

I see projects that were great and noble efforts at inception turn to pure greed over the short time crypto has been public. I have watched people who would have changed the world go down in smoke because they failed to get their message out. I have seen struggling inventors raise to fame and fortune by being in the right place at the right time and I have seen scam artists take millions from people who could ill afford to loose it but in all that, the promise of crypto currency survives.

DNotes is a survivor. Alan, Joe, Kevin and the crew are survivors. I have met them, discussed many issues with them and fully trust and believe in them. They will do more then survive, they will thrive and they don't have a problem sharing that with others. Success is a party that brings many new friends, failure is a lonely fate. As long as people believe in you and support you, there is no failure. When success comes, choose your new friends wisely.

But, business is just that, business. No matter how hard we try, it must remain impersonal. When it's good, everyone supports you, everyone is your friend. When it's not so good, the only ones still supporting you are the ones you take to the party later. Polo may be simply sticking to their rules, being business like and keeping the bottom line in view but, they won't be at the party.

So, I'm buying, care to join me?

PS: I have complete faith in the project and my name and reputation are still stamped on the Retirement CRISP, something I'm rather proud of by the way.  

PSS: Second graphic  Grin


Thank you very much RJF. We are privileged to have great supporters who have been with us from the early days, like yourself, in our community.



Thanks RJF!

This conversation reminds me of a couple things I've learned from Alan. The importance of company culture and a shared vision by everyone in the company, from the top executives to the clean up crew and everyone in between. That shared vision is driven by guiding principles. DNotes is very much like a business in this aspect. Our culture, shared vision, and guiding principles are all important to the success of DNotes.
member
Activity: 171
Merit: 10
Too anyone who has doubts about DNotes:

I've been around this project since the beginning, long before I met the principles. I have bought, mined, received and, yes, sold DNotes in many ways for many reasons but I have never lost faith in this project. Unlike many, nay, most crypto projects, this one is not out to separate you from your money without giving back something more valuable. It is truly a shame that smart, visionaries, people who joined, and helped to build this industry, now only concern themselves with how much profit they can take from it. I suppose it's a natural evolution of the power of human greed and is to be expected but, it still surprises me non the less as my parents taught me to respect people with integrity and knowledge.

I see projects that were great and noble efforts at inception turn to pure greed over the short time crypto has been public. I have watched people who would have changed the world go down in smoke because they failed to get their message out. I have seen struggling inventors raise to fame and fortune by being in the right place at the right time and I have seen scam artists take millions from people who could ill afford to loose it but in all that, the promise of crypto currency survives.

DNotes is a survivor. Alan, Joe, Kevin and the crew are survivors. I have met them, discussed many issues with them and fully trust and believe in them. They will do more then survive, they will thrive and they don't have a problem sharing that with others. Success is a party that brings many new friends, failure is a lonely fate. As long as people believe in you and support you, there is no failure. When success comes, choose your new friends wisely.

But, business is just that, business. No matter how hard we try, it must remain impersonal. When it's good, everyone supports you, everyone is your friend. When it's not so good, the only ones still supporting you are the ones you take to the party later. Polo may be simply sticking to their rules, being business like and keeping the bottom line in view but, they won't be at the party.

So, I'm buying, care to join me?

PS: I have complete faith in the project and my name and reputation are still stamped on the Retirement CRISP, something I'm rather proud of by the way.  

PSS: Second graphic  Grin


There's a lot of wisdom in this post, very insightful RJF.
legendary
Activity: 1932
Merit: 1111
DNotes
Hiya DNOTES comunity!  Smiley Very good time for buy now it's very cheep now! Just Buy and hold and surtanly will goes to the moon after DNoTeS 2 been realise! Good luck!! Wink I got my dnotes from 2014 and steal hold them in to my wallet!!

Thank you MECHETO, we appreciate your enthusiasm and support!
hero member
Activity: 846
Merit: 535

I've been debating on whether or not to respond to Brandon or not...  Sorry, but this doesn't sit well with me.  MiningHabbit has a legitimate comment, and has expressed concerns that many of us might have.  The response, in my opinion, was in bad taste.  The concern isn't about who's working hard, where the price is at right now, nor the DNotes philosophy that we believe in.  I think most of us here, appreciate the business model, and the overall ecosystem that will be built.  That's why we're here, and want to support this project.  We do believe in it.

I would say the concern or question is more about how the timeline got pushed so far out.  Maybe in a brief explanation, if someone can give us a little more detail about what's going on.  Just saying, from an outsiders perspective, this is how it looks;  Almost 4 years to code a coin and as of the beginning of September, launch was only a few weeks away.  One would think, the team would know before that, if that timeline wasn't reasonable.  Especially going from 3 weeks out, to now 5 months out (from beginning of Sept).  What happened?  Also, could you shed a little more light on who is working on the coding?  Again, just not knowing the team details, the impression that comes across to me, is there is one person, maybe part time?, who is doing this particular work coding 2.0.  Please correct me if I'm wrong.  One more question that comes to mind; I know you guys have been busy laying the foundation for DNotes, what specifically does this mean?  Is this just idea's on a white board?  Any actually development in the ecosystem?  Maybe you can get a little more specific on how far along, or what is in place, besides just launching 2.0.  

I look at this more as a chance for everyone to understand DNotes in better detail, not as a bashing thread.  Admittedly, I might have missed some of answers to the above questions..so sorry if that is the case.  Just whatever you guys can share along these lines, could help us better understand what is actually in place right now, and give us a better understanding, and confidence in this project.  For me, I'm still excited for Dnotes 2.0, and can't wait to help spread the word.  I'll be buying some way undervalued Notes in the mean time.  Much love everyone.

Hi Denver Dan, thanks for the questions. I will do my best to answer them all, but let me know if I am missing anything or if the progression and goals are not exactly clear.

While we have had minor changes, block reward changes, bug fixes, and upgrades to the existing DNotes blockchain, this does not represent 3+ years of cryptocurrency programming. We have taken a cautious approach cryptocurrency programming and carefully planning our next moves when it comes to upgrades, and in this case and entirely new version of DNotes, which we didn't decide upon until 2016. Also, we needed to ensure we have the right people in place to make that happen. A tremendous amount of effort and time has gone into finding / working with / investing time and money / narrowing down.

As the industry continues to grow, we need to fully understand what is happening, what challenges the industry is facing, what do users of cryptocurrency need and want, and what all of the other cryptocurrencies are doing. This is the research that ultimately led us to developing the next version of DNotes and many of our projects that we have either launched or working on.

The DNotes vision is much more than just a cryptocurrency technology. During that time, we have also created entities to help DNotes and DNotes Global Inc achieve their goals.
The DNotesVault, which fundamentally addresses the technological issues involved in owning cryptocurrency, without compromising security. This is a novel system for storing DNotes and I'm positive it's an industry first in many aspects.
CRISP, which DNotesVault was a fundamental platform for, as an outreach program and savings program. I'm certain this is an industry first in many aspects as well.
CryptoMoms, our initial project to help bridge the gender gap, but also represents a much larger initiative to make cryptocurrency as inclusive as possible. The vision for what CryptoMoms evolves and is rolled into has not been yet implemented.
The Four Pillars book, which the rights have been gifted DNotes Global Inc and as a result to the success of DNotes, and corresponding membership site. This will be a critical component in reaching out to business owners, NextGen VC, and the DNotes outreach program.
DCEBrief, which is our industry news, industry outreach, and media platform associated with the DNotes brand and ultimately will work it's way the DNotes Global Inc network as a for profit entity.
Among other projects that are currently in the planning and development phase.

DNotes is an industry leader in many ways that may not be quantified by how many upgrades we have made to the cryptocurrency itself. With some careful planning and execution, DNotes will be seen as a leader from the technology standpoint as well. Since we started working on DNotes 2.0 in 2016 planning and designing, and officially announced it may of 2017 with the starting of this thread, it has been one of our primary focuses. We've had many bumps in the road and delays, but we are not going to focus on those, we are going to keep our focus on the goal of moving DNotes forward.


Thanks, Joe. I think that is a reasonable response and as you know I am deeply appreciative of your relentless efforts and hard-work to help us make so many things possible for DNotes.

However, I think it important to address Denver Dan's concern that we shed some light on the software development of DNotes 2.0. To that extent, I can confirm that we expanded our team early last year and specifically hired a dedicated programmer, we believe most qualified, at the rate of US$60 per hour. Based on our records the first check #1005 was issued on April 5, 2017 for the amount of $1,500. Since then we have spent a significant amount out of our own pockets - and may I say quite rare in our industry.

As I have mentioned many times, we do not make any claim that is not verifiable. However, there are privacy issues that we respect. Without elaborating, there were two family emergencies that added to the delay. Above all, our wish list grew in anticipation of future projects.

I hope that helps clarify things a little more.

This has been a rough week. I hope we don't extent it with more "friendly fire". We must be respectful of others opinion and expression. We are all in this together for the mutual benefits of everyone.

Of course, as I appreciate your relentless efforts, motivation, and guiding us down the right path. Anything less and we should have given up before we even started and just invested other coins.

Once we understood there would be a delay in 2.0, we were faced with multiple options. Ultimately though, we decided to stay the course and continue working until the base of the code is complete. Adding additional programmers and trying to get everyone on the same page would result in organizational delays, management of distribution of work, and segregation of code that would ultimately require additional coding to ensure all the components worked together. It would not be as cohesive and ultimately would result a split of knowledge, rather than having someone who knows the whole project inside and out. There would have been a strong possibility in the project being further delayed with additional cost as well. As you may see, throwing additional resources at the problem was not a viable solution.

At Alan's request I am currently reaching out to expand our development team and work on some upcoming projects and further DNotes development with a high preference for finding people that are local. In fact, I have a meeting scheduled with two local development firms on Monday.

Thank you Joe. I'm sure the community will be excited to know that we are actively pursuing all options to speed up the development of our entire vision -- creating new project work-streams included. Too many cooks can spoil the broth.


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