Thanks for taking the time to explain so clearly, but the fog is only lifting slowly for me.

So it is already possible for me to do some work for someone, and when it is done, send them my DNotes address and ask them to pay into it. If I'm not expecting many payments, and they are all of different values, I could spend the time working out who payed what. So accepting 0.25 cents is already possible.

Creating a new address and giving it to only one customer has the advantage that I can match that address number with the customer and prove I have been paid. So the unique number doesn't allow payment, it enables attribution.

But the payer can always provide their pay-from address in a remittance advice which will enable attribution. And if I wanted to automate, I suppose I could ask them to email me their from address, and then use ITTT to search the blockchain for a payment from that address, to my address, after the email date until it finds it in a block that is at least two links old. Then have ITTT email them the article. That would be automated, but a bit of mucking around.

But DNotes2.0 will enable automatic event triggers that occur after a transaction has been processed?

This all sounds really interesting, especially if people can set it up themselves. The paid v.s. ad-sponsored mobile application market has indicated people are willing to pay a small price rather than see advertising. And the Youtube model of paying creators with advertising revenue is skating along a cliff edge as advertisers withdraw contracts due to mildly controversial content. So the market is clearly hungry for a micro-payment solution that is secure and easy to implement.

Personally, I'd like to see a browser plugin that recognises pressing a micro-payment button, and pops up an approval pane. I can mouse click a 4 digit pin on a randomized-position keypad to approve amounts less than a dollar. You do know your work will never end, don't you?

This all looks like everything is on track and very much heading in the right direction. I had some idea about most if it, but the Automated Invoicing both interested and confused me.

I think I understand about providing a single unique address for receiving payments. But I don't understand how the current market solution to generate unique addresses to accept payments is anything other than a choice. I don't know how or why it would be enforced by a cryptocurrency.

My guess is my knowledge gap here is then what leads me into not understanding the 'automated' part of the invoicing process. 

Hi alfaalfa. We all understand what you are feeling - at one point or another we have all seen an investment lose value (2009 financial crisis ).

"I bought because I researched this coin and I find it a good one. They have a different approach and a good plan." - You are already 20 steps ahead of most of the investors in cryptocurrency, as they all tend to follow the herd. But it is the investor that can see the future in something that is 'different', that will reap the biggest rewards.

"You tried to work behind the scenes with no news to avoid this type of pump and dumps, but as you can see you can't avoid that. In my opinion, seeing other coins perform over the last year with good news from time to time regarding the code and functionality of the coin, was a better approach." - DNotes has been very consistent in their path from day one of building a business-like ecosystem, with many of the project details not being announced until completion. Every successful business operates like this - if Apple had announced their 5 year iPhone plan years before it the iPhone was even released, there would have been a slew of copycats (sound familiar? lol).

As far as the price goes, with what DNotes has to offer, the price has has been anything but "pumped". Typical of the current cryptocurrency environment, the herd jumps onto the ICO or flash-tech coin of the day, by selling one that doesn't light-up when they shake it. DNotes greatest appeal will come from outside the industry because we are building something that people can actually understand - a researchable, verifiable, income generating investment. These people represent the elusive 'mainstream' no cryptocurrency has yet been able win over.

I believe DNotes is the one, and if you do the math on what the value of a successful global currency would be, in my opinion this is one risk everyone needs to take.  

I'll leave the masternode question to someone else...

Proof of Stake
I've been looking at, and thinking about, proof of stake lately, how it works, pros and cons. There is obviously a big advantage in not needing so much power per block. And I like how a new block is more likely to be created by a small node, than a massive mining company that might approach 51% of the network's processing capabilities.

But I'm concerned about the possibility of running millions of tiny nodes to improve the possibility of gaining a double spend opportunity. Finding a balance between the big fish getting most of the chances, and it being very cheap to establish a stake in a node that has a chance at block creation seems to be the goal of most solutions.

And so I've found myself heading down the path of maximising the benefits of randomisation. The resulting model would have a variety of random-selection algorithms. Some weighted towards a capped aggregate coin age, some weighted towards a capped total coin value, some weighted to other node characteristics. Let's imagine that there are 99 different randomising algorithms called r01 to r99. I'm going to use the term Appointed Set, to mean a set of 99 randomly selected nodes where each node was selected using its own algorithm from the collection of r01–r99.

I imagine minting a legitimate block could then follow this process:

1) 50 different Appointed Sets have been selected during the minting of the block which was made three blocks earlier.
2) Then each node from the first Appointed Set selects 50 new nodes with each node based on its own r## formula incremented by 1 for each selection. eg: r23 uses algorithm r24 to select the first node in its collection of 50. Then it uses r25 for the following selection. And it continues until it has 50 random nodes selected using r24–r73 biases.
3) All 99 nodes of the Appointed Set share their selected nodes using peer to peer. These are then arranged by r## values into the collection of 50 Appointed Sets.
4) Then each node from that same Appointed Set mint all pending transactions and the newly shared Appointed Set Collection into their new block and compare their hashes.
5a) If all 99 hashes from the 99 nodes in the first Appointed Set match, then the minted block is published to the blockchain.
OR 5b) A side chain is published to the block chain telling the second Appointed Set to begin at step 2. This side chain also contains the hashes generated by the first Appointed Set so that they can be inspected to see which node(s) was corrupted.

I'm not sure why I thought embedding the Appointed Sets three levels deep in the blockchain was valuable. It does warn potential hackers of the nodes that will be trusted, and make them targets for hacking. So maybe it would be best that Appointed Sets are generated only as 'transaction style records' for including in the upcoming block. The number of nodes in an Appointed Set are arbitrary, as are the number of Appointed Sets required in a collection. These numbers could be automatically be determined as a capped ratio to network size.

The main thrust of this suggestion is to use randomisation in the consensus process to disrupt all possibility of 51% attacks being successful. Once this block, approved by the 99 nodes of the Appointed Set, has been published, it would still be subject to the already accepted 51% approval process currently in place to consolidate the block and move on to the next one.

It is quite possible that my suggestion has done more to illustrate the limits of my understanding, than it has done to improve the state of POS technology. If this is the case, I look forward to comments that point out what I have not understood.

Happy 4th of July. I'm really glad I have the opportunity to be in America to celebrate Independence Day for the first time. After working in cryptocurrency for several years and learning more about how the world of finance works, it really feels like our industry shares the common cause of freedom from oppressive government, just as patriots from the 13 colonies took a stand against oppressive British taxation. This is a holiday that should be held dearly by everyone in cryptocurrency.

Thanks, Tim. Excellent comments. We are trying to have different variations to make our videos more interesting. There will be a lot more coming. We want to stay on message but grounded on substance and truths that are verifiable.

We are building a trusted brand and it must be done with integrity and trustworthiness. It takes an incredible amount of commitment and hard-work, coupled with total dedication. I am very proud of our team. My job is to continue to mentor, inspire, and lead. We are committed to our vision and purpose in building a trusted digital currency that anyone worldwide can participate - irrespective of their financial standing. The right path to accomplish such grand missions will take time, relentless dedication, and hard-work. I am most grateful to have the continued support of our community.

Hello everyone, I spent the last few days making a video to promote the DNotes strategy to build intrinsic value in the currency by backing it with the profits of a company - DNotes Global.

Its my pleasure DNotes. You guys are awesome and I look forward to all the developments you have planned for the DNotes currency. The future is bright for this coin

Wow! Thanks for posting the photo. It looks like a good clean print too. I'm pleased with how well the grey shows up on the dark shirt too. Nice and subtle. Now you just need to make a badge, with a QR code for your DNotes payment address, to pin on.

Thanks virasog, that was very well said. From day one, DNotes began building a trusted cryptocurrency that would be available for everyone, regardless of wealth, status, or knowledge of technology. By providing a bridge to the current business and financial world, people from around the world have the opportunity to finally be included in the global economy. It would be difficult for them to start/operate a business of any size if they are using a cryptocurrency that is perceived to be anti-establishment. 

Thank you everyone for supporting this forum. Your best efforts in trying to make sense of the correlation between BTC and altcoin value adjustment is as good as mine; in this case, better than mine could have been. What I can tell you is that, for all practical purposes, DNotes is worth a little more each day. We are working very hard ever day and investing serious money in taking DNotes to the next level with DNotes 2.0 and beyond. I have no doubt that DNotes will be a significant leader in our industry in a year or two. How much would DNotes be worth one day? You got it. Your guess is as good as mine. But don't make the same mistake I made with Startis. I bought a chunk when it was trading below $10 million and sold it at a nice profit after it doubled and then watch it went to $500 + million and to $1 + billion. Startis is developing in C# - so is DNotes. Just some food for thought.

It has been another long day. I started at 5:30 am in Chicago, drove 3.5 hours (240 miles), put in a full day in Coldwater, MI where DNotes core group is at this time. It's now 1:00 am. I have never been with a more committed and talented team. We are very passionate about what we are doing. It takes an amazing team with a clear vision to accomplish amazing results.

Hi taxmanmt5, and welcome to the DNotes forum.

1. We are not a copycat of bitcoin or any other alt.
2. If every currency replicates the same concept and idea as bitcoin, that would make them the pod people...