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2941  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Diamond (DMD) Evolution v 2.0 | Hybrid Security | 25% PoS on: April 22, 2016, 12:14:52 AM
u missunderstand me i dont want to reward 1 3 7 14 30 days different

i just said that we have to select one of this timeframes as trigger between active and inactive state

regarding ur input that  at 2500000 total coins trigger

POS should not instant switch

from 25 to 5% POS

that could be part of DMD 3.0

but still in a way that the total coinrollout timeframe will be similar as original planed

over 30 years to reach 4.3 million total coins
2942  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XMG] Coin Magi | CPU mining | PoS-II | PoM | Unique BLK reward | [MagiPay] on: April 22, 2016, 12:11:28 AM
i really hope joe added zero micromanagement required POS into this release
(auto merge and split mechanics or at least configureable triggers in conf)

I'm dumping all if he does that.

 Shocked

somehow u must have missunderstand what i wront
it was a point where i think noone could be against it

what zero micromanagement means is that u no longer have manual each 3rd day
use coin control to be able POS efficent
2943  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][NOXT] - NobleNXT Proposal/Whitepaper - Noble's 1st Colored Coin on: April 21, 2016, 11:59:36 PM
u said NOXT will be used to enable coins for noblepay

i think u should set percent values of total coins

this way u can burn what is spend and we still will always have enough NOXT left to sell another slot

could set it to be like 0.2% of total coins needed to get a slot

even at a marketcap of for example  200k $  that is less than 1 BTC
so still affordable for the coins who wana provide their communities full access to noblepay
2944  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Diamond (DMD) Evolution v 2.0 | Hybrid Security | 25% PoS on: April 21, 2016, 11:28:58 PM
I think that it is necessary to introduce the concept of the base rate.
for example 20% POS income for all owners of DMD.
The rest - 5% will be calculated on how long wallet holds active. 100% of the time = 24 hours a day = the full of the remaining 5%


that could be also a possibility

but then the POS boost u get for being active wallet will be more than 5%

because it would be only 5% of everyone have his wallet online
the more people have wallet offline the more the boost will be bigger than 5%




i think the two numbers why i stated that discussion is

the base rate
10 15 20 22,5 %

and the timeframe between minting POS blocks where we can still consider a wallet as active
(ignore the actual 9 days min age at the new system u could easy stake each day if u are online)
1 3 7 14 30 days

the reward for active wallets deepens on what we chose as base stakerate and and how many wallets are not active

the pot of POS based coin rollout will in DMD 3.0 not bigger than now
but he also wont be smaller than now

just the distribution will be a tiny bit (if a base stakerate of 22,5%)
or significant (if the base stakerate is lower the boost for activity will be much higher)
different and reward activity more


my personal opinion is

a base stakerate of 15 or 20%

and a activity trigger that require u to stake at least once a week
or every 14 days to be seen as active wallet and get the boost on top of base stakerate

this will be the best of both worlds


2945  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Diamond (DMD) Evolution v 2.0 | Hybrid Security | 25% PoS on: April 21, 2016, 11:18:36 PM
i never stated active have to be 24/7
what we consider as active is what we set as time frame between POS blocks created


as explained before we could even see 7 or 14 days intervall between POS blocks produced as active

which cover for a normal dude anything beside a long holyday oversea

and really if u spend 4 weeks on hawai i guess that u stake this 4 weeks 5% less wont hurt ya

on the other side that the other 48 weeks of the year u stake more would make ya happy or?

2946  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ERC NOBLEPAY COIN2PAY moBUinet STAISYB. VPOS ROKOS MULTIPOOL FEDERATEDCHAINS-DEV on: April 21, 2016, 11:11:46 PM
blockexplorer stuck? im lot blocks ahead of him and i have lot valid connections

i would love to see ERC on chainz which in my opinion is one of best explorers out there
2947  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Diamond (DMD) Evolution v 2.0 | Hybrid Security | 25% PoS on: April 21, 2016, 10:26:47 PM
cryptonit

but I'm sure no one wants to give up their interest and receive for example 15-20% per annum instead of the 25%, only for the fact that someone will keep the purse online 24/7...


in a discussion like this the people who would be willing run a active wallet to have lets say 30% instead of 25%
even if the price is inactive wallet earn only 20% instead of 25
and move forward with wallet code
have to express their opinion too

else it looks like why we working for improve DMD at all if people think what we have now is perfect

also i want to make clear we wont discuss eavery aspect of DMD 3.0 in advance and instead present the designed solution

just a few point like POS will be discussed first to get a feeling about what the community thinks

there wont be a voting or stuff like that

everyone who care could be a member of DMD Diamond Foundation the doors are not closed
own a significant amount of coins and spend a lot lot time unpaid for DMD and u can be part of foundation and design the future together with us

DMD Diamond Foundation dont own DMD Diamond
what we create as new wallet each user can decide by himself if he install it
its a free world

the technology is open source
if u can do it better than we do then do it

do a great job and then i am the guy who install the wallet u created
and i can enjoy the feeling how great it is that someone else is working for me
without me paying him for it


2948  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Diamond (DMD) Evolution v 2.0 | Hybrid Security | 25% PoS on: April 21, 2016, 09:03:14 PM
a example to understand what i mean
https://www.youtube.com/watch?v=ua_TZ84hmEA
2949  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Diamond (DMD) Evolution v 2.0 | Hybrid Security | 25% PoS on: April 21, 2016, 08:43:05 PM
The PoS change you are suggesting is a very fundamental change to DMD features and I would like to know more about the reasons for proposing such a change. Without other facts, my opinion still is that there should not be any changes to the current DMD PoS system.

I agree and still do not understand the reasons for the proposal.
To me wasn't answered why to change the rules "game"?

we can give more details about that later
for now the answer have to be cloudy

because we will use a advanced POS technology
which we can adapt to some degree but not total to be the same as now

DMD POS technology we have now is like a sword
maybe the most sharp and best forged sword existing

but what we aim for is a gun to be a  state of the art for the future of crypto economy

DMD 3.0 isnt just a change in POS
it a total codebase overhaul towards state of the art technology
the goal is nothing less than have inside our wallet code the best POW/POS hybrid codebase possible end 2016

i understand many love that sailship called DMD Diamond

but its time to paint the name on a ship that utilize state of the art technology

2950  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Diamond (DMD) Evolution v 2.0 | Hybrid Security | 25% PoS on: April 21, 2016, 04:35:28 PM
quick in quick out some noise on the way

guess ya didnt satisfy lady diamond
2951  Alternate cryptocurrencies / Announcements (Altcoins) / Re: EUROPECOIN Staisybit Electrum NXT COIN2PAY moBUinet VPOS ROKOS MULTIPOOL DEVteam on: April 21, 2016, 02:47:08 PM
we still have people who dont want to use a installer and who sync from zero as a quality gate before they use a coin


so yes nice that we have the easy path

but make sure u can sync from zero hassle-free too
2952  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Diamond (DMD) Evolution v 2.0 | Hybrid Security | 25% PoS on: April 21, 2016, 12:59:22 PM
this is what happens each time u dump DMD



ur DMD gone
the market close above u
and no sign at all stay visible

nothing happened beside someone choose to shift a investment
in a lets say abrupt and self damaging way


sell coins is part of the game
sell it in a way that is called dump below marketprice
did in the past prove multiple times to be a bad decision

u wont find many markets in cryptospace that have a resillience like DMD against dumps
u can dump but the market will close after u finished
and u will never ever buy back the coins cheaper as u dumped them
2953  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN]CureCoin - 3/21/2016 SigmaXcoin Beta Download + Crowd Sale Active Now! on: April 20, 2016, 09:25:38 PM
at CureCoin im just a investor

what really happens is out of my control

i can only fulfill a leadership position at one coin community

at all others where i am stakeholder

im just a simple investor who from time to time share his opinion how he would do stuff

So nobody in a leadership role actually communicates on here to the public?

Vorksholk did on last page of this thread
2954  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Diamond (DMD) Evolution v 2.0 | Hybrid Security | 25% PoS on: April 20, 2016, 08:59:56 PM

If there is a need for more nodes to strengthen the network I think the idea that was proposed earlier last year, some sort of Proof of Node, could be taken into consideration again. I am not sure how to finance Proof of Node, perhaps by transaction fees, but they are rather small at the moment. Another option is to put a low percentage fee on all the PoS blocks that could be distributed to the Proof of Nodes.


basical the reward for frequent active wallets is exactly that Prove of Node

and what not active addresses mint less

is exact the by u suggested low fee on POS blocks which is used to power

prove of node rewards

if the timeframe between minting a block is 14 days to be seen as active address
u think u not manage to mint at least once every 14 days?
how about 30 days?

2955  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Diamond (DMD) Evolution v 2.0 | Hybrid Security | 25% PoS on: April 20, 2016, 08:53:43 PM
cryptonit

1. minimum staking period - in the original plan was seven days, now you're talking about 14 days.


never said that

i was asking what timeframe between POS blocks created we should still consider as a active wallet

that have nothing to do with min stake age
2956  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Diamond (DMD) Evolution v 2.0 | Hybrid Security | 25% PoS on: April 20, 2016, 01:58:27 PM
cryptonit

please tell me who exactly will monitor my wallet when it is online? Smiley


no one

its all visible in blockchain
when a address staked the last time

already now
for each POS coin

every DMD user is and stay anonymous
like all cryptocurrencies i know
DMD  dont track IPs or any other stuff that link persons or locations to addresses

all the info that is stored in blockchain is about transactions

and minting a POS block is a transaction too
mining a POW block is a transaction too

in that both cases its a transaction that create new coins because ur address solved a task
as coded in the sourcecode that is the base of a cryptocoin network

hope google translation get this understandable into russian language

to go for sure i write in easy words:

DMD Diamond dont know when ur wallet is online

but the blockchain know when a address is involved in a transaction and that include the time when it happened
2957  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Flycoin (FLY coin) V 2.0.1 wallet released!!! MAJOR MAJOR CHANGES!! on: April 20, 2016, 01:43:02 PM
from my perspective close of team-fly slack means that vegasguy changed to a smaller group of core people involved
to handle the future development decisions better and with less discussions

that can be a improvement and allow them to work more efficient

my own role changed toward a simple normal investor im not part of the new smaller core team

mostly because im involved in to many projects to fulfill here a core team member role too

if u trust in vegasguy stay with FLY no matter of team size and slack or not



2958  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN]CureCoin - 3/21/2016 SigmaXcoin Beta Download + Crowd Sale Active Now! on: April 20, 2016, 12:26:24 PM
Alright, thank you for the quick response and consideration. Sounds like you have a good plan.

at CureCoin im just a investor

what really happens is out of my control

i can only fulfill a leadership position at one coin community

at all others where i am stakeholder

im just a simple investor who from time to time share his opinion how he would do stuff
2959  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Diamond (DMD) Evolution v 2.0 | Hybrid Security | 25% PoS on: April 20, 2016, 12:13:09 PM
thx for share the way u use the wallet Mister1k

this show us that there is a difference between run the wallet for sync and open it for minting too

but for us there is no way to see if u have ur wallet open other than to see that u minted a block

so for activity tracking we can just take that in account

and the activity tracking would be address based not wallet based

a wallet means a gathering of private address keys to manage several addresses

is not visible or existing in the blockchain

u can try to guess like some blockexplorer do by look if some addresses involved in same transactions

but basically from blockchain perspective it can only seperate by addresses not by wallets

so overall a 14 day minted a POS block trigger for active flag would fit to they way u use the wallet too mister1k


more feedback from more people welcome

we want to learn how you use the wallet

to make sure the improvements in security and functionality that DMD 3.0 will bring

still let u use DMD the way u used it until yet
2960  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Diamond (DMD) Evolution v 2.0 | Hybrid Security | 25% PoS on: April 20, 2016, 08:15:25 AM
I totally agree to mark wallets as active and not active. But I will add between all those examples another value that I think is important: stake at least once every 9-10 days. I'm thinking that between us are a lot who has just a big pile of DMDs that are staking every 9 days, but the wallet is running at least 16 hours a day if not sometimes 24 hours a day.

we talking about DMD 3.0
there lot unknown variable for u i know because lot stuff in codebase will change

the minimum stake age of 9 day is one of it

so dont let that influence ur decision of a ideal active/inactive wallet timeframe

my personal opinion is leaning towards 14 days

because we announced on so many placed to open twice a month for two days  the wallet is enough to claim ur rewards

now i dont want to punish people who follow that advice
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