Author

Topic: DNotes 2.0 - Staking, CRISP Interest, DNotes Pay - page 346. (Read 148866 times)

sr. member
Activity: 1764
Merit: 373
<------
"Standing on tiptoe at a parade. Once one person did it, everybody had to do it."

-Warren Buffet
I like this quote a lot since at the end of a parade, "trash" is everywhere.
hero member
Activity: 1022
Merit: 509
AXIE INFINITY IS THE BEST!
Looks like the Team is looking for a signature design. I can help with that. I can also accept Dnotes as a payment or rewards. lol Hopefully I can help.

My signature design portfolio: https://bitcointalksearch.org/topic/m.17094767
Send me PM here: https://bitcointalk.org/index.php?action=pm;sa=send;u=884853

Regards
BMP
legendary
Activity: 1610
Merit: 1060
Amazing job everyone - congratulations!
 Smiley Smiley
Are you new to DNotes or a returning veteran? Drop in and say hello, or ask a question if you have one.

What a brilliant community that has built up around DNOTES these past few years. Returning veteran here. I've been away for a minute (my wife works weekend nights, I work 24/7 on a tech startup, and we have 3 kids and don't live by family for help), but thankfully things look rosy on that end. I feel like my tech startup life has run a very parallel course to DNotes: sweet technology backed by a great vision and lots of hard graft which is now reaching escape velocity. So hopefully soon I'll be far more free after our exit to devote more time to this crypto community.

What a great compliment, I've been holding DNotes for 3 years now and I tend to agree with you. DNotes has been working very hard to develop essential infrastructure that will scale into a large corporation. Watching all the work that it took to bring the platform to it's current stage has been very impressive. This is a highly dedicated team and I've come to learn that DNotes also values their stakeholders almost as if they are family.

I echo every word of this post 100%.

I had just built a rig at the end of 2013 all those years ago and rather than just point it to an extant coin like LTC, I wanted to find one from Day One. DNotes' value prop hit me like a ton of bricks. It just seemed so SENSIBLE. There were so many coins releasing on a daily basis. Absurd premine scams, IPO frauds etc etc. There was a real, no bullshit dynamism to the NOTE platform. DNotes was (and is) truly going to be a shared stake coin. And so it has proven to be, and then some. So I've literally been a NOTE holder since Day 1, and will continue to soldier on as a died in the wool DNotes evangelist.

As Mark Zuckerberg said waaaay back in the day, "I'm here to build something for the long-term. Everything else is secondary."

This is a team with a dream thats becoming reality. They have a unbelievable abount of patience, more than i have...hats why even when they were quite working in the background not only did i not sell any, i bought more. Exciting times! Once again, i cant wait to see what the future of dnotes looks like!

In late 2013, I read Satoshi's whitepaper, a work of staggering genius, and was entirely convinced of the blockchain's power.

But I knew myself enough to understand that I am too emotional w/my investments. This is why I was a shitty hedge fund trader. If I just bought a bunch of BTC w/cash, I knew I'd care way too much about market movements. So I decided to build a supercomputer that could mine cryptocurrency. I viewed it then, and still now, as an educational expense. That's made all the difference.

Otherwise, I definitely wouldn't have the patience of Job to stick this long, like the DNotes team has. Kudos all around!!!

We have a strong conviction that by helping others to become successful it will ultimately result in great success for DNotes. Everything that we have done thus far, reflects our long-term commitment to build a trusted brand and one that is of great inspiration and value to those who believe in our missions with an invested interest.

In the meaningful life you use your highest strengths and talents to belong to and serve something you believe is larger than the self."
-Martin E.P. Seligman

It concerns me that people like Dorfman should be allowed to teach young malleable minds

"To know that you do not know, is best. To pretend to know when you do not know, is a disease."

-Lao-Tzu

Dr. Dorfman, like many other critics just look at the inherent weaknesses of emerging technologies and point out any imperfections. We, as innovators, are excited about the immense potential and commit our life savings and other precious resources to solve critical problems that constraint the progress of the technologies.

"I think almost every great investment has a contrarian check. A lot of people will think that’s a bad investment. But you have a good reason for thinking it’s a good investment and it will get to scale. Those are typically the unusually great investments."

-Reid Hoffman

“Very often when you are going for real innovation you have to go against prevailing wisdom, and it’s hard to go against prevailing wisdom when there are people who have been there for a long time and you have some vice president who says, ‘No, that doesn’t make sense.’ ”
Dr. Robert Langer, MIT Langer Labs

"If  DNotes were to succeed as the digital currency of the future with lasting value it has to take a very different path to reach that mountain top. It must build a solid foundation, block by block, systematically, while executing its strategic plans at the most opportune time which may often conflict with that of speculators."
Bitcointalk: March 8th, 2014 - Alan Yong, DNotes co-founder

Right now, there are 1.5 trillion of USD in circulation and 8.5 trillion of gold mined WW over history. The crypto world now is not even 1% of that. The room to grow is absolutely enormous. I believe there is only one market of the 21st that is similar in size and scale, and that is the world of pervasive Augmented Reality governed by Networks of AIs. The obviousness of that world seems as apparent to me as a pervasive blockchain.

This entire thread has a very similar feel to how DNOTES felt to me the day it released. Only now, the entire crypto world has developed some SERIOUS street cred, and NOTE itself has appreciated nearly 10,000% since inception (no that's not a typo).

"Like an oversexed man at a harem. This is the time to start investing."
-Warren Buffet

Open source is great for this purpose, but there are also many people who instead of using the open-source nature to build and improve upon a network choose to only incorporate the work of others without ever actually building on top of it, or contributing anything new. There are many cryptocurrencies of this ilk, who you will find that while on the face of it may have kept up with 'industry standards', have only spend a few weeks incorporating the code of other open source developers into their own network.

I view blockchains in this fashion. As the top crypto-engineers make their upgrades more blockchain-specific to integrate within their own ecosystem, those crypto that rely upon copying and implementing modular updates will find their technical ability to copy insufficient, and/or the incompatibility issues from blockchain design engineering irreconcilable even if the technical coding ability is there.
"Standing on tiptoe at a parade. Once one person did it, everybody had to do it."
-Warren Buffet

Thing is, once everybody does it, then nobody can see. It's those few who peer through the crowd that get the real glimpse into what happens next.

What a post! You about summed it all up, with a cute little bow on it. You seemed to have hit most of the points Alan has been pounding into our heads for years and years. Thought for the day:

TIMING IS EVERYTHING!!!! (Try crossing a railroad track at the wrong time).

Great post, and good to see you again, Mininghabit!! Time for me to get out in the garden and think about DNotes. I mean think about Daylilies!!! Thanks again for the support.

Kevin DeLucenay
AKA
Smokey

Fantastic post. Thank you, MinningHabit. We appreciate everything that you have done for DNotes at the early days of its launch. It’s good to get the prospective of a returning veteran. It is also inspiring to have an unsolicited confirmation that we are making great progress in what we have committed to do.

Looking forward to see you often.

sr. member
Activity: 728
Merit: 251
we can promote Dnotes2.0 on twitter similar Dcebrief campaign a long time ago. Smiley
good idea, promote through twitter or facebook, right?
hmm, i like that.  Grin
sr. member
Activity: 326
Merit: 250
we can promote Dnotes2.0 on twitter similar Dcebrief campaign a long time ago. Smiley
legendary
Activity: 1932
Merit: 1111
DNotes
reserve indonesia translate if you need

Thank you for the offer celot! I will send you a PM if we decide to go forward with translating the OP.
legendary
Activity: 1932
Merit: 1111
DNotes
It is GREAT to have you back MiningHabit!

That was an awesome post, the historic quotes backing up the quotes made by those in this forum were a nice touch.

The community is growing, and we're very excited to have the forum back and to be making strides towards the DNotes 2.0 release. There is a lot going on, and we hope to have more for you to see soon!





Excellent post MiningHabit, and welcome back!

"DNotes' value prop hit me like a ton of bricks. It just seemed so SENSIBLE. There were so many coins releasing on a daily basis. Absurd premine scams, IPO frauds etc etc. There was a real, no bullshit dynamism to the NOTE platform. DNotes was (and is) truly going to be a shared stake coin. And so it has proven to be, and then some. So I've literally been a NOTE holder since Day 1, and will continue to soldier on as a died in the wool DNotes evangelist." - MiningHabit

full member
Activity: 157
Merit: 100
Amazing job everyone - congratulations!
 Smiley Smiley
Are you new to DNotes or a returning veteran? Drop in and say hello, or ask a question if you have one.

What a brilliant community that has built up around DNOTES these past few years. Returning veteran here. I've been away for a minute (my wife works weekend nights, I work 24/7 on a tech startup, and we have 3 kids and don't live by family for help), but thankfully things look rosy on that end. I feel like my tech startup life has run a very parallel course to DNotes: sweet technology backed by a great vision and lots of hard graft which is now reaching escape velocity. So hopefully soon I'll be far more free after our exit to devote more time to this crypto community.

What a great compliment, I've been holding DNotes for 3 years now and I tend to agree with you. DNotes has been working very hard to develop essential infrastructure that will scale into a large corporation. Watching all the work that it took to bring the platform to it's current stage has been very impressive. This is a highly dedicated team and I've come to learn that DNotes also values their stakeholders almost as if they are family.

I echo every word of this post 100%.

I had just built a rig at the end of 2013 all those years ago and rather than just point it to an extant coin like LTC, I wanted to find one from Day One. DNotes' value prop hit me like a ton of bricks. It just seemed so SENSIBLE. There were so many coins releasing on a daily basis. Absurd premine scams, IPO frauds etc etc. There was a real, no bullshit dynamism to the NOTE platform. DNotes was (and is) truly going to be a shared stake coin. And so it has proven to be, and then some. So I've literally been a NOTE holder since Day 1, and will continue to soldier on as a died in the wool DNotes evangelist.

As Mark Zuckerberg said waaaay back in the day, "I'm here to build something for the long-term. Everything else is secondary."

This is a team with a dream thats becoming reality. They have a unbelievable abount of patience, more than i have...hats why even when they were quite working in the background not only did i not sell any, i bought more. Exciting times! Once again, i cant wait to see what the future of dnotes looks like!

In late 2013, I read Satoshi's whitepaper, a work of staggering genius, and was entirely convinced of the blockchain's power.

But I knew myself enough to understand that I am too emotional w/my investments. This is why I was a shitty hedge fund trader. If I just bought a bunch of BTC w/cash, I knew I'd care way too much about market movements. So I decided to build a supercomputer that could mine cryptocurrency. I viewed it then, and still now, as an educational expense. That's made all the difference.

Otherwise, I definitely wouldn't have the patience of Job to stick this long, like the DNotes team has. Kudos all around!!!

We have a strong conviction that by helping others to become successful it will ultimately result in great success for DNotes. Everything that we have done thus far, reflects our long-term commitment to build a trusted brand and one that is of great inspiration and value to those who believe in our missions with an invested interest.

In the meaningful life you use your highest strengths and talents to belong to and serve something you believe is larger than the self."
-Martin E.P. Seligman

It concerns me that people like Dorfman should be allowed to teach young malleable minds

"To know that you do not know, is best. To pretend to know when you do not know, is a disease."

-Lao-Tzu

Dr. Dorfman, like many other critics just look at the inherent weaknesses of emerging technologies and point out any imperfections. We, as innovators, are excited about the immense potential and commit our life savings and other precious resources to solve critical problems that constraint the progress of the technologies.

"I think almost every great investment has a contrarian check. A lot of people will think that’s a bad investment. But you have a good reason for thinking it’s a good investment and it will get to scale. Those are typically the unusually great investments."

-Reid Hoffman

“Very often when you are going for real innovation you have to go against prevailing wisdom, and it’s hard to go against prevailing wisdom when there are people who have been there for a long time and you have some vice president who says, ‘No, that doesn’t make sense.’ ”
Dr. Robert Langer, MIT Langer Labs

"If  DNotes were to succeed as the digital currency of the future with lasting value it has to take a very different path to reach that mountain top. It must build a solid foundation, block by block, systematically, while executing its strategic plans at the most opportune time which may often conflict with that of speculators."
Bitcointalk: March 8th, 2014 - Alan Yong, DNotes co-founder

Right now, there are 1.5 trillion of USD in circulation and 8.5 trillion of gold mined WW over history. The crypto world now is not even 1% of that. The room to grow is absolutely enormous. I believe there is only one market of the 21st that is similar in size and scale, and that is the world of pervasive Augmented Reality governed by Networks of AIs. The obviousness of that world seems as apparent to me as a pervasive blockchain.

This entire thread has a very similar feel to how DNOTES felt to me the day it released. Only now, the entire crypto world has developed some SERIOUS street cred, and NOTE itself has appreciated nearly 10,000% since inception (no that's not a typo).

"Like an oversexed man at a harem. This is the time to start investing."
-Warren Buffet

Open source is great for this purpose, but there are also many people who instead of using the open-source nature to build and improve upon a network choose to only incorporate the work of others without ever actually building on top of it, or contributing anything new. There are many cryptocurrencies of this ilk, who you will find that while on the face of it may have kept up with 'industry standards', have only spend a few weeks incorporating the code of other open source developers into their own network.

I view blockchains in this fashion. As the top crypto-engineers make their upgrades more blockchain-specific to integrate within their own ecosystem, those crypto that rely upon copying and implementing modular updates will find their technical ability to copy insufficient, and/or the incompatibility issues from blockchain design engineering irreconcilable even if the technical coding ability is there.
"Standing on tiptoe at a parade. Once one person did it, everybody had to do it."
-Warren Buffet

Thing is, once everybody does it, then nobody can see. It's those few who peer through the crowd that get the real glimpse into what happens next.

What a post! You about summed it all up, with a cute little bow on it. You seemed to have hit most of the points Alan has been pounding into our heads for years and years. Thought for the day:

TIMING IS EVERYTHING!!!! (Try crossing a railroad track at the wrong time).

Great post, and good to see you again, Mininghabit!! Time for me to get out in the garden and think about DNotes. I mean think about Daylilies!!! Thanks again for the support.

Kevin DeLucenay
AKA
Smokey
full member
Activity: 1078
Merit: 102
hero member
Activity: 846
Merit: 535
It is GREAT to have you back MiningHabit!

That was an awesome post, the historic quotes backing up the quotes made by those in this forum were a nice touch.

The community is growing, and we're very excited to have the forum back and to be making strides towards the DNotes 2.0 release. There is a lot going on, and we hope to have more for you to see soon!



full member
Activity: 207
Merit: 100
Amazing job everyone - congratulations!
 Smiley Smiley
Are you new to DNotes or a returning veteran? Drop in and say hello, or ask a question if you have one.

What a brilliant community that has built up around DNOTES these past few years. Returning veteran here. I've been away for a minute (my wife works weekend nights, I work 24/7 on a tech startup, and we have 3 kids and don't live by family for help), but thankfully things look rosy on that end. I feel like my tech startup life has run a very parallel course to DNotes: sweet technology backed by a great vision and lots of hard graft which is now reaching escape velocity. So hopefully soon I'll be far more free after our exit to devote more time to this crypto community.

What a great compliment, I've been holding DNotes for 3 years now and I tend to agree with you. DNotes has been working very hard to develop essential infrastructure that will scale into a large corporation. Watching all the work that it took to bring the platform to it's current stage has been very impressive. This is a highly dedicated team and I've come to learn that DNotes also values their stakeholders almost as if they are family.

I echo every word of this post 100%.

I had just built a rig at the end of 2013 all those years ago and rather than just point it to an extant coin like LTC, I wanted to find one from Day One. DNotes' value prop hit me like a ton of bricks. It just seemed so SENSIBLE. There were so many coins releasing on a daily basis. Absurd premine scams, IPO frauds etc etc. There was a real, no bullshit dynamism to the NOTE platform. DNotes was (and is) truly going to be a shared stake coin. And so it has proven to be, and then some. So I've literally been a NOTE holder since Day 1, and will continue to soldier on as a died in the wool DNotes evangelist.

As Mark Zuckerberg said waaaay back in the day, "I'm here to build something for the long-term. Everything else is secondary."

This is a team with a dream thats becoming reality. They have a unbelievable abount of patience, more than i have...hats why even when they were quite working in the background not only did i not sell any, i bought more. Exciting times! Once again, i cant wait to see what the future of dnotes looks like!

In late 2013, I read Satoshi's whitepaper, a work of staggering genius, and was entirely convinced of the blockchain's power.

But I knew myself enough to understand that I am too emotional w/my investments. This is why I was a shitty hedge fund trader. If I just bought a bunch of BTC w/cash, I knew I'd care way too much about market movements. So I decided to build a supercomputer that could mine cryptocurrency. I viewed it then, and still now, as an educational expense. That's made all the difference.

Otherwise, I definitely wouldn't have the patience of Job to stick this long, like the DNotes team has. Kudos all around!!!

We have a strong conviction that by helping others to become successful it will ultimately result in great success for DNotes. Everything that we have done thus far, reflects our long-term commitment to build a trusted brand and one that is of great inspiration and value to those who believe in our missions with an invested interest.

In the meaningful life you use your highest strengths and talents to belong to and serve something you believe is larger than the self."
-Martin E.P. Seligman

It concerns me that people like Dorfman should be allowed to teach young malleable minds

"To know that you do not know, is best. To pretend to know when you do not know, is a disease."

-Lao-Tzu

Dr. Dorfman, like many other critics just look at the inherent weaknesses of emerging technologies and point out any imperfections. We, as innovators, are excited about the immense potential and commit our life savings and other precious resources to solve critical problems that constraint the progress of the technologies.

"I think almost every great investment has a contrarian check. A lot of people will think that’s a bad investment. But you have a good reason for thinking it’s a good investment and it will get to scale. Those are typically the unusually great investments."

-Reid Hoffman

“Very often when you are going for real innovation you have to go against prevailing wisdom, and it’s hard to go against prevailing wisdom when there are people who have been there for a long time and you have some vice president who says, ‘No, that doesn’t make sense.’ ”
Dr. Robert Langer, MIT Langer Labs

"If  DNotes were to succeed as the digital currency of the future with lasting value it has to take a very different path to reach that mountain top. It must build a solid foundation, block by block, systematically, while executing its strategic plans at the most opportune time which may often conflict with that of speculators."
Bitcointalk: March 8th, 2014 - Alan Yong, DNotes co-founder

Right now, there are 1.5 trillion of USD in circulation and 8.5 trillion of gold mined WW over history. The crypto world now is not even 1% of that. The room to grow is absolutely enormous. I believe there is only one market of the 21st that is similar in size and scale, and that is the world of pervasive Augmented Reality governed by Networks of AIs. The obviousness of that world seems as apparent to me as a pervasive blockchain.

This entire thread has a very similar feel to how DNOTES felt to me the day it released. Only now, the entire crypto world has developed some SERIOUS street cred, and NOTE itself has appreciated nearly 10,000% since inception (no that's not a typo).

"Like an oversexed man at a harem. This is the time to start investing."
-Warren Buffet

Open source is great for this purpose, but there are also many people who instead of using the open-source nature to build and improve upon a network choose to only incorporate the work of others without ever actually building on top of it, or contributing anything new. There are many cryptocurrencies of this ilk, who you will find that while on the face of it may have kept up with 'industry standards', have only spend a few weeks incorporating the code of other open source developers into their own network.

I view blockchains in this fashion. As the top crypto-engineers make their upgrades more blockchain-specific to integrate within their own ecosystem, those crypto that rely upon copying and implementing modular updates will find their technical ability to copy insufficient, and/or the incompatibility issues from blockchain design engineering irreconcilable even if the technical coding ability is there.
"Standing on tiptoe at a parade. Once one person did it, everybody had to do it."
-Warren Buffet

Thing is, once everybody does it, then nobody can see. It's those few who peer through the crowd that get the real glimpse into what happens next.
sr. member
Activity: 1492
Merit: 269
reserve indonesia translate if you need
legendary
Activity: 1638
Merit: 1005

DNotes 2.0 Signature Contest - update


Congratulations to BlackMambaPH, the 4th winner of 500 DNotes!

Message sent.  Smiley
legendary
Activity: 1610
Merit: 1060
Thanks for the reply, I look forward to this change over when it happens. I only have just over 2,000 DNOTES as I was doing the faucet strategy that someone post on the crpto moms forum and was able to get up over 2,000 DNOTES claiming from faucets and selling those coins and buying DNOTES. I will be adding some more once the change over takes place.

Now that is cool! The faucet idea was mine, and it looks like you stuck with it way better than I did. Congratulations!

Hi Wiser,

That is cool! Good to see you again!

It's great to be here. The last couple weeks have been really exciting in cryptocurrencies! And I just finished reading through this thread to catch up with the DNotes project, and I am very impressed. I am also super happy that you have a Bitcointalk thread again!

Hi Wiser. Delighted to see you here. We have used our "quiet time" from the forum diligently and got a lot done over the past year. DNotes is now well positioned to make some significant moves. Among various projects we are committed to a vision of 100% conversion to C# - giving us the advantage of knowing our own technologies and applications intimately well. This will put us in a position of great technological leadership, particularly when it comes to the blockchain and smart contract applications that are currently in great demand. C# is popular in the corporate environment, and is easier to develop and maintain when compared to the traditional C++ Bitcoin Core source code. It is expected that C# architecture will become a more popular platform in the future. Stratis is one such coin that has active development on C#, and we appreciate their leadership and contributions to our industry.
legendary
Activity: 1806
Merit: 1029
Thanks for the reply, I look forward to this change over when it happens. I only have just over 2,000 DNOTES as I was doing the faucet strategy that someone post on the crpto moms forum and was able to get up over 2,000 DNOTES claiming from faucets and selling those coins and buying DNOTES. I will be adding some more once the change over takes place.

Now that is cool! The faucet idea was mine, and it looks like you stuck with it way better than I did. Congratulations!

Hi Wiser,

That is cool! Good to see you again!

It's great to be here. The last couple weeks have been really exciting in cryptocurrencies! And I just finished reading through this thread to catch up with the DNotes project, and I am very impressed. I am also super happy that you have a Bitcointalk thread again!
legendary
Activity: 1932
Merit: 1111
DNotes
Thanks for the reply, I look forward to this change over when it happens. I only have just over 2,000 DNOTES as I was doing the faucet strategy that someone post on the crpto moms forum and was able to get up over 2,000 DNOTES claiming from faucets and selling those coins and buying DNOTES. I will be adding some more once the change over takes place.

Now that is cool! The faucet idea was mine, and it looks like you stuck with it way better than I did. Congratulations!

Hi Wiser,

That is cool! Good to see you again!
legendary
Activity: 1806
Merit: 1029
Thanks for the reply, I look forward to this change over when it happens. I only have just over 2,000 DNOTES as I was doing the faucet strategy that someone post on the crpto moms forum and was able to get up over 2,000 DNOTES claiming from faucets and selling those coins and buying DNOTES. I will be adding some more once the change over takes place.

Now that is cool! The faucet idea was mine, and it looks like you stuck with it way better than I did. Congratulations!
hero member
Activity: 846
Merit: 535
Moving to C# was a great strategic move that should allow for better corporate world participation for distributed ledgers. Most languages allow for the implementation of anything - though C# has many advantages over other languages for development.

Since the DNotes platform is to work primarily to engage the corporate community, it is best to look at what companies look for when deciding on a language to employ:


Common use

Corporate entities put a large emphasis on reducing risk. Using the most commonly used coding languages that are proven and strongly supported, which makes finding capable programmers easy.

C# is widely supported, with it being easy to find programmers worldwide. By comparison, C++ (the code used for Bitcoin core and most blockchains) is very difficult to find highly capable programmers for - which makes developing and finding coders for C++ very expensive and time consuming.

Programming speed and cost

Companies both large and small are hyper-aware of the cost to creating applications, for which C# is a much better alternative than C/C++. Programmers in C# are much more productive in this regard due to C#'s forgiving nature in debugging. C#'s integration with the .NET framework and standard libraries (pre-programmed code) makes finding solutions much faster than C++ where much time can be spend writing code that should have already been written. Businesses need their enterprise applications to be written, tested and integrated quickly and will always prefer to use language which get them the best ROI in the fastest time.

Ease of hiring programmers

Microsoft and Oracle certify developers. Corporations hiring a lot of people find it much easier to confirm that the people they are considering hiring know they have the required base level of coding ability. By contrast, most top coders in C++ are very difficult to employ as they are rarer in number due to C++'s steeper learning curve.

When rapid and agile business application development is the primary goal, C# must be considered as one of the, if not the best programming language to opt for.



Thanks, TeeGee. Well explained without getting too technical. From a long-term strategic prospective, this will place DNotes in solid technology leadership to be a formidable player in the corporate space which has been seeing increasing demand to deploy projects involving smart contracts and the blockchain technologies. The only other coin that we know of at this time, coding in C#, is Startis. We certain appreciate their leadership and contributions to our industry. 

One important and often overlooked procedure in advancement is to pay a nod of acknowledgement and respect to others who have made contributions within an industry, and who have chosen a similar path whether those contributions be rooted in similar values, strategy, or principles.

The open source nature of Satoshi Nakamoto's Bitcoin has spawned an industry of immense benefit and advancement that many others have come to build upon or modify for different purposes. Open source allows anybody from anywhere to contribute to this industry's success, and to test consumer preferences for a much wider array of use cases than would otherwise be possible.

Open source is great for this purpose, but there are also many people who instead of using the open-source nature to build and improve upon a network choose to only incorporate the work of others without ever actually building on top of it, or contributing anything new. There are many cryptocurrencies of this ilk, who you will find that while on the face of it may have kept up with 'industry standards', have only spend a few weeks incorporating the code of other open source developers into their own network.

This type of application development is very rapid (take note of all the coins adopting segwit and lightning network features), however it is very limiting. For one cryptocurrencies that rely on the adoption of open source engineering only likely lack the skills to fully customize and contribute themselves (will never be able to pull ahead -- only keep up), and their network will always be at the mercy of the industry's open source nature, and the continuation of development by external teams who may abandon their work, and/or defer to something better in the future. This can create a lot of issues in future since removing features from a cryptocurrency and replacing them is much more difficult than implementing something new. Over time, I expect that many cryptocurrencies will become alienated from newer developments as the technical expertise required and cost of changing a blockchain to remove incompatibility issues for future upgrades increases. Take for example that older cars are highly customizable - you can take remove the engine, or fuel injectors, and put in a better one without too much trouble, but if you were to completely change the engine of a latest car model with advanced engine electronics, all the integrated detection systems and custom functionalities will likely be compromised.

I view blockchains in this fashion. As the top crypto-engineers make their upgrades more blockchain-specific to integrate within their own ecosystem, those crypto that rely upon copying and implementing modular updates will find their technical ability to copy insufficient, and/or the incompatibility issues from blockchain design engineering irreconcilable even if the technical coding ability is there.

DNotes is one such currency with this foresight. We will opt to rely on our own tightly integrated development, than the development of others. This will make our model difficult, or impossible for others to replicate.
legendary
Activity: 1610
Merit: 1060
Those of you who follow DNotes closely may already know that we have created a viable ecosystem benefiting thousands of DNotes stakeholders. Take for example DNotesVault.
At the time of writing it has a Vault Balance:  20560415.489885 DNotes   backed by a  Guarantee Fund:  23,195,000 DNotes  - Verify Guarantee Fund Addresses

Among others, we manage a family of Cryptocurrency Investment Savings Plans (CRISP) covering children, students, retirement, and employee incentive benefits – with more to be added in the future.
Below is the most current representation of the performance of CRISP For Retirement. There are 293 account holders who stashed away 6,476,771 DNotes for their retirement. Collectively they invested a total of $73,157. Its value has grown to $473,230 – in three years. Impressive. But DNotes is a currency with a purpose to assist and benefit as many people as possible. Think of what we have accomplished as small scale models – proven and refined to work in large scale. Our next phase is to deploy some of these building blocks capable of ramping up to global scale rapidly. That is another DNotes’ difference.

Fron DNotesVault:

Helping to secure YOUR future in an uncertain financial world.
 
"Will you have the resources to enjoy your retirement or, will you still be working until you can no longer do so? In these uncertain financial times, it is becoming more and more difficult to maintain a retirement account that will actually see you through your golden years. DNotes believes that we can help. Please read the information presented here for more on the concept of using DNotes to augment your retirement savings."
Bob Fehn - Director, CRISP For Retirement
 
CRISP for Retirement Statistics
Funded Retirement Accounts   293
Principal Deposit Value   73,156.83 USD
Total Interest Payments   901,925 NOTE
Current USD Value   473,229.94 USD
Current DNotes   6,476,771 NOTE
Retirement Fund Bonus Balance   149,708 NOTE
 
 
CRISP For Retirement - A General Overview
 
CRISP for Retirement is an unstructured and self-directed plan, using DNotes as the investment vehicle to supplement retirement savings. Re-occurring savings, in any amount, may be added at any time. This savings plan can be started with any amount of DNotes by opening an account at DNotesVault with an expanded registration at the CRISP for Retirement landing page.
Source:  http://dnotesvault.com/crisp-for-retirement.php


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DNotes 2.0 Signature Contest - update


Congratulations to butragenjo, the third winner of 500 DNotes!

Message sent.  Smiley

Thanks,best wishes to Dnote team Smiley

Congrats butragenjo!

Congratulations butragenjo, you're becoming quite the DNotes regular, good to see you participating in another one of our contests!

We appreciate the support butrangejo, and are glad you have been rewarded with the daily spot prize! Be sure to also enter the facebook competition we are running for the 15000 DNotes grand prize (that's about 1500 USD) value at the current minute at the following link:

https://www.facebook.com/777105165651768/photos/a.788378137857804.1073741827.777105165651768/1737919759570299/?type=3&theater

There is also a 5000 DNote prize for the most friends tagged!
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