some non tech nerds did ask me what does it mean?



once merge mine supporting pools open their gates u get a income from both coins DMD and GRS for the same hashrate

basical u mine DMD (or GRS) as before but u earn the other coin too

some non tech nerds did ask me what does it mean?



once merge mine supporting pools open their gates u get a income from both coins DMD and GRS for the same hashrate

basical u mine DMD (or GRS) as before but u earn the other coin too for free

Im proud to be able to inform u today that honoring the endless POW phase of groestlcoin
and their intense work in creating effective and wide spread mining software across all platforms for our shared algo

DMD Diamond did decide to activate AUX hashing with next wallet release
(expected to be released in mid february with changes go active end of february)

additional all differences in groestl algo are removed (merkle hashing will be used the same way as in groestlcoin) and the foundation share of DMD POW mining

this means effective we will see merged mining possible where miners on merged mining enabled pools will earn with their hashrate not only GRS but also DMD

i give this info early enough so possible interested GRS and DMD mining pools have enough headstart time to prepare

i wish the best to our both coins and a bright future for groestl algo mining which will be in the future double rewarding



this move was not done in coordination with groestcoin team because there is nothing needed to be done on groestlcoin side to make this working
even if we did talk about the possibility in the past both teams focused on different topics at that time

now that DMD Diamond is going to release a mandatory wallet to implement Unique Crypto Assets
(details at https://bit.diamonds/auction.html ) we did choose that its the right moment to implement merged mining too

Im proud to be able to inform u today that honoring the endless POW phase of groestlcoin
and their intense work in creating effective and wide spread mining software across all platforms for our shared algo

DMD Diamond did decide to activate AUX hashing with next wallet release
(expected to be released in mid february with changes go active end of february)

additional all differences in groestl algo are removed (merkle hashing will be used the same way as in groestlcoin) and the foundation share of DMD POW mining

this means effective we will see merged mining possible where miners on merged mining enabled pools will earn with their hashrate not only GRS but also DMD

i give this info early enough so possible interested GRS and DMD mining pools have enough headstart time to prepare

i wish the best to our both coins and a bright future for groestl algo mining which will be in the future double rewarding



this move was not done in coordination with groestcoin team because there is nothing needed to be done on groestlcoin side to make this working
even if we did talk about the possibility in the past both teams focused on different topics at that time

now that DMD Diamond is going to release a mandatory wallet to implement Unique Crypto Assets
(details at https://bit.diamonds/auction.html ) we did choose that its the right moment to implement merged mining too

was there a change in staisybit fee structures?
in not up to date

but if not and 0.25% deposit and 1% withdraw fee is still valid

that means for a 1% POS rate coin like WARP

that after 1.25 years of staking at staisybit u can withdraw the same u have deposit

and before that timeframe less than u did deposit

but im sure the team is aware of that issue

and looking for a solution that allow low inflation coins with low stakerate also to be used effective and rewarding on staisybit

i full trust in their abilities to adapt to a living market

make staisybit only attractive for high stakerate coins would be a waste of its big potential

the end is near sell sell sell 

2nd January DMD Reactor payout happened

enjoy https://cloudmining.bit.diamonds/ shareholder 
non sharehouder curious about DMD Cloudmining check out the FAQ on the page

what u can do to fix this i rename wallet.dat to wallet.datold
start client

u will have a new main address and a empty wallet
encrypt the address with a password
and then make a backup of the wallet.dat
and copy ur new main address

now again rename wallet.dat into wallet.datnew

and rename wallet.datold into wallet.dat

start wallet again and start transfering all ur coins to ur new main address
u have to find out what will be the max amount of C2 u can transfer in one transaction
because ur old address is clusterfuck uf shitload POS split stake blocks

once u transfered all funds

rename wallet.dat again into wallet.datold
and wallet.datnew into wallet.dat

when u start wallet u should have all ur coins and a fast wallet

to avoid such a pain in the ass problem only open wallet for minting once a month 1 day

this is very bad for network if u have to keep wallet closed or get a clusterfuck wallet

so real solution is wallet update with a option to define splitstaketreshhold

like for example in hyper (but lot other coins have too)


or a advanced full automated system that need zero micromanagement for staking like DMD Diamond have

details u can find here:
https://bit.diamonds/community/index.php/topic,127.0.html

u did perfectly right



the only unique is the wallet.dat
and maybe a flycoin.conf ( if u allow and define password for RPC connections)
beside that everything else u can save copy between installations
and this way repair one installation if things did go wrong

this error message is a sign of a corrupted blockchain
u have to sync chain again

computer hardcrashes can cause such a corrupted state of blockchain

good news lot lot backups existing of the blockchain

eavery FLY user have one on his PC and all will help ya and share the blockinformations so u can restore the blockchain

thats the power of blockchain as decentral database

u have to be never afarid of the blockchain

only about ur wallet.dat and ur private keys

because that info noone can give u

blockchain everyone can give u

there is a very helpfull spirit inside this community
issues small and big can happen at cryptocoins
but what make really a difference is how the community react to this

if u get a "lol noob"
or some serious atempts to help u as answer

im proud to be part of team fly

even if be involved in so many crypto projects limit my time here
its each time like hollyday reading this topic

the important part the good vibrations is existing

the rest will follow

as member of team fly slack i can see there is regulary activity there too
this people work for real not only tell ur fairy tales

but people we should make not contest of estimitations

just look at the facts:
https://chainz.cryptoid.info/dmd/#!overview

last collumn generated+fees

and see if there is a difference visible before and after POS reward halving....

supply and demand is still a rule for markets

and supply of new generated coins is by fact reduced

supply on market is a different story

not only new generated coins are what is placed as sellorders on markets

that also deepens on other effects

what i can say that there will be a second effect of additional to POS halving that will hit DMD soon

and that is DMD stuck in legendary10 because they only work in boosted mode if full

that can lock up to 150k DMD and remove them from markets too

lets see if that have an added effect too

i for sure alway anounced that reduced inflation will have a longterm effect
noone can expect to have a shortterm effect by it

only a hype regarding POS reward reduction and lower inflation could have a shortterm effect

and i think we all (beside some daystraders) aggree we dont want this

slow natural grow of demand because reduction of new generated supply

thats what we expect

the only honest answer
some points are valid to some degree
we all know that and working on
and thats more than u will see at lot lot coins

the funds of sell legendary10 are used to move ahead with DMD
the state u guys describe is true for 450 of 500 cryptocoins
and we have a clear goal to be one of the other 50

what stays and what we have already as a great basement

is a stable network a great userbase
a 100% scamfree honest and friendly enviroment
a great name
a 30 years coin rollout plan
a constant decreasing inflation
the strongest of all coins i know coin  redistribution system
(multipool/cloudmining redistributed over 15% of total coins!)
which also is a guaranteed base liquidity
average ~200 wallets online each day
constant active DMD Diamond Foundation members
and a plan for the future
a stable coin value $ wise even if the amount of coins did tripple in last few years
a history that even found its ways into books about cryptocoins
close to 3 years age
soon first coin with ultra rare crypto assets
only coin with a total coin based way of trigger coin rollout stages
hybrid security POW/POS security setup
with 52sec  average blocktime one of the fastest cryptocoins
with 25% POS one of the most rewarding to hold cryptocoins that able providing a low max coin amount and decreasing inflation
and
and
and

so i think its fair let everyone by himself decide if DMD Diamond is one of the coins that can be part of the 100 coins that will be alive in 5 years too

as long as u know the passphrase that was used to encrypt the wallet u will have no issues

kilo if u read my answer then we not talk against each other
i confirm that different addresses will be used in the wallet.dat once the 100 pre-generated are used up
but i also describe how u still can use ur address in two different wallet.dat without any risc involved

the important part is
changeaddress=[yourmainaddress]
in diamond.conf

i agree there lot other cryptocoins that not even have the changeaddress= option to be set in conf
and with such coins after lot transactions ur coins will be in change addresses that are not stored in ur wallet.dat backup

dHearthhcpde37LYJX7YoBEKBs4K1NwxNi

something like this will be my legendary address

yes vanitygen works for DMD addresses
just use the correct parameter -X 90

download from here https://bitcointalk.org/index.php?topic=25804.0

useful help:

http://www.bongbitcoin.com/vanity_addresses.php

example:

this utilize my first GPU to search for a DMD Diamond address starting with dTestAD
and save any valid addresses with their private keys it finds into the file.txt

never use any online services that generate private keys for u!
generate urself or be happy with random address names

thats just not true for DMD

yes two copy of same wallet.dat can get over time (after the 100 pregenerated addresses stored inside are used up)
a different set of private keys and addresses for new addresses

NO this dont affect staking the way DMD POS works the reward goes to the same address the coins coming from there is no other address utilized

NO this dont affect change of transactions if u set the changeaddress= parameter to ur mainaddress in diamond.conf

only way u can lose access of coins in wallet A from wallet B is when u didnt set the changeaddress= paramenter because wallet B dont know the change address wallet A created

BUT that dont change the fact that wallet A is able to access it

so please no horror stories or urban legends

stay with facts

u can set a changeaddress=yourmanaddress
in conf and u wont have issued with different change addresses in different wallets using same address

yes there is a tiny chance to mint for example with both wallets the same coin piles
but only one of that blocks will be accepted from network
and ur wallets reorg to the network truth

after all a blockchain is nothing else than a shared database with a bit cryptografic technologie involved 

its impossible spend the same coin age twice

interesting germany took place 2 from russia
something going on there? lot new wallets