This article covering the maximum size limit also touches on an important misnomer in blockchain technology. It can be changed or upgraded, as long as the changes are implemented by the majority of the network. This is the part that truly makes it decentralized, because if no one upgrades, then it never happened. It will be interesting to see this change made on such a massive scale. It will be an important period in the history of digital currency. Bitcoin faces a crossroads, needs an effective decision-making processIf the Bitcoin protocol is decentralized and no one controls it, then how can it be changed at all? You may know that Bitcoin is a decentralized system and that no single company, government, or entity controls it. In that sense it’s a lot like the Internet. But unlike the Internet, which is an ad-hoc collection of networks and protocols, and thus can be gradually upgraded piecemeal, all Bitcoin nodes are basically part of one giant distributed computation which means that upgrades need to be much more tightly — dare we say centrally — coordinated. The default Bitcoin software, Bitcoin Core, is that point of coordination. The five Core developers have a huge amount of power in determining how the network operates and in making upgrades to it. The developers don’t have all the power though — if changes made to Bitcoin Core are contentious, people running the software are free to go their own way, creating a “fork”. The distribution of power between the different entities in the Bitcoin ecosystem is fascinating and intricate, and we encourage you to take a look at Chapter 7, “Community, Politics, and Regulation” of our Bitcoin textbook-in-progress or the corresponding sections of the video lecture. The bottom line, though, is that while changing the Bitcoin protocol can and does happen, it requires consensus of a social kind. This is related to but different from the technical consensus protocol that Bitcoin miners execute. https://freedom-to-tinker.com/blog/randomwalker/bitcoin-faces-a-crossroads-needs-an-effective-decision-making-process/ |
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Wiser is a very active participant in the CryptoMoms forum since April of 2014, and a DNotes supporter; sharing with the community her knowledge of cryptocurrency and experience as a Mother interested in digital currency. She has written a nice post on her blog reaching out other CryptoMoms and a few posts on DNotes. I wanted to take a moment to say thank you and encourage everyone to check it out: Welcome, Cryptomoms!I am so excited to have found you all, and especially the Cryptomoms website and forum. I have been involved with cryptocurrencies since mid-March of 2013, and I recently “celebrated” my one year cryptoversary. A good friend mentioned Bitcoin, I hit Google and the rest is history. First of all, welcome to my website. The blog is my story (and learning curve) of navigating the cryptocurrency world. I learned and discovered a lot of things, made quite a few mistakes (which I hope you can avoid), lost some Bitcoins, gained plenty more, and by the end of my first year, truly came out ahead. If you want the whole scoop, you can begin reading my very first post And it begins… ... Read More at: http://creativecurrencies.cu.cc/welcome-cryptomoms/ |
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There was a question on the CryptoMoms forum about potentially having a savings account with interest that doesn't lock out your DNotes. While it is a viable option in the future, the real goal of CRISP for Retirement is to get people to save their digital currency now for the future as we are still in the infancy stages of what digital currency will do. The CRISP for Retirement program will play an important role for all of our future, retirement investment as a whole needs to change and I see that first hand with family and friends. The quote from the article below really hit home with me. The Six Worst Retirement Investing Mistakes To AvoidWhen it comes to managing our retirement funds, many of us suffer from perpetual insanity. That’s not to say we’re crazy, although some investors may be when they take stock tips from television gurus or from brothers-in-law. I’m referring to Albert Einstein’s definition of insanity: “Doing the same thing over and over again and expecting different results.” Source: http://www.forbes.com/sites/johnwasik/2015/05/11/the-six-worst-retirement-investing-mistakes-to-avoid/My schedule for this week is the most demanding ever. So don’t expect much participation from me. I am doing everything I possibly can to put DNotes in the best position for rapid growth beginning next year. There are a lot of things taking shape behind the scenes and we are gaining a great deal of admiration, when our industry is struggling to regain its reputation. Here is my brief response to the question of interest paying accounts. It is important to have a clear investment objective. And don’t get confused on what your priorities are. Decide what is more important for you. Compounded interest accumulation or capital appreciation. High dividend paying stock or high growth stock for long term appreciation. Here are two examples for reference only based on an assumption of $100 invested for a period of seven years. $100 invested today at 5% compound interested, at the end of 7 years is worth $141. Year 5% Interest End of Year 1 $100 $5.00 $105 2 $105 $5.25 $110 3 $110 $5.51 $116 4 $116 $5.79 $122 5 $122 $6.08 $128 6 $128 $6.38 $134 7 $134 $6.70 $141 $100 invested today at 1 cent per DNotes, if DNotes is worth $1 per DNotes in 7 years: ($100 x 100) = $10,000. There are no assurances that this could be achievable. This just demonstrates the potential of high returns albeit high risks. I hope this is helpful to put things in prospective. Food for thought: what carries a high risk? 1) $500 saved in a CRISP savings or 2) No plan to take care of student loan debt. Just decide how to cross that bridge when you get to it. I totally agree with you here DYNA..It is imperative for everyone to lock in a retirement account, even when One is young. I just now put more into my retirement and it stands at nearly 19 bucks worth. I am doing faucets and ptc sites and forum signature campaign to really try to up my retirement. My Plan is to have at least 100k DNOTES in one year in my retirement and also it grow form there so that in 5 years our family has a nest egg. Plus receiving the 0.7% interest a month is a very good hedge. My Son also has a crisp but when he visits here again next month I will ask him to open his own vault and start a retirement plan from this young age and invest for a lock in period of 10 years.. I am curious to see when he is 30 how his nest egg will have grown. CRISPS are a great birthday, anniversary and xmas gift idea as well.. That is great Qiwoman! Best wishes meeting your 100k DNotes goal in one year. |
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Hey guys, who would like support for DNotes? Let me know ok, tx.  Welcome to the DNotes forum Cointopay. Let us know how we can help. |
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Interesting news... Nasdaq will start using Bitcoin technologyThe Nasdaq stock exchange is tapping Bitcoin's powerful new transaction technology to create a more secure, efficient system to trade stocks. Most people have heard of Bitcoin (XBT) as a system of electronic money -- one that hasn't really caught on yet. But what gets less attention is blockchain, the technology that powers the Bitcoin system. It's a computer program that automatically processes transactions and creates a perfect, reliable digital record. High-tech bankers are starting to realize this could revolutionize trading. Nasdaq (NDAQ), a favorite exchange among many technology companies, is making the first move. On Monday, the stock market announced it will start using a blockchain system to keep records for its Nasdaq Private Market, which handles trading of shares in the pre-IPO phase before a company goes public. Nasdaq sees the blockchain's perfect recordkeeping as a major step in the right direction for more transparency. The pre-IPO market doesn't typically see as much trading and what does occur is often by a tight circle of employees and early investors. "Blockchain technology will provide extensive integrity, audit ability, governance and transfer of ownership capabilities," Nasdaq said in its public announcement. This doesn't mean Nasdaq is using actual Bitcoins. But by using Bitcoin's core technology, this is a major acknowledgment of Bitcoin's contribution to finance and trade. This is the first time the world has seen a trading system that doesn't require a trusted middleman. It sounds boring, but in the banking world, it's revolutionary. CNN explains: What is Bitcoin? It seems odd to equate Bitcoin with better security. The world's first true big digital currency is generally known for two things. One, its popularity in online black markets. Two, the epic fall of Mt. Gox, a major Bitcoin exchange market that wiped out $400 million in people's savings.But these have nothing to do with the digital currency itself. Bitcoin's perfect recordkeeping actually helped convict a black market kingpin. And computer security experts say Bitcoin's technology actually makes it more secure than any other money transfer system. Nasdaq's experiment is a limited one. On Monday, the Wall Street Journal referred to Nasdaq's pre-IPO market, which launched in January 2014, as "a fledgling marketplace." But if it works out, expect to see it use the blockchain concept elsewhere. "Utilizing the blockchain is a natural digital evolution for managing physical securities," Nasdaq CEO Bob Greifeld said in a statement. Jose Pagliery is the author of Bitcoin - And the Future of Money (Triumph Books, Chicago). CNNMoney (New York) May 11, 2015: 11:45 AM ET http://money.cnn.com/2015/05/11/technology/nasdaq-bitcoin-technology/index.html?section=money_news_internationalGlad to see they are bringing light to the public failures not being an issue with the technology itself, but with the people using it. |
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This article about a bus service that had accepted Bitcoin but ultimately stopped accepting it. One interesting point was that 23 Bitcoin transactions were made and 3226 non Bitcoin transactions. To be perfectly honest, I would consider that a success for this stage of Bitcoin adoption, a little over half a percent. Pushing merchant adoption before it is ready can be damaging and this is part of the reason why. Australian Bus App Drops Bitcoin Following Poor TractionZakaria Bouguettaya, director at QPay, the company behind the application, told the Brisbane Times the app had only processed 23 bitcoin payments in nine months. During the same period, he said, the number of non-bitcoin transactions amounted to 3,226. http://www.coindesk.com/australian-bus-app-drops-bitcoin-following-poor-traction/ |
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What the team think about instant exchange ShapeShift.io , should be good ask them to add DNotes ? i read they ask popular/serius coins to list and see daily trade volume about 2500$
We did talk to them at one point. They wanted us to have a higher trading volume. At this stage of DNotes we need to focus on growth and savings more than volume. |
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There was a question on the CryptoMoms forum about potentially having a savings account with interest that doesn't lock out your DNotes. While it is a viable option in the future, the real goal of CRISP for Retirement is to get people to save their digital currency now for the future as we are still in the infancy stages of what digital currency will do. The CRISP for Retirement program will play an important role for all of our future, retirement investment as a whole needs to change and I see that first hand with family and friends. The quote from the article below really hit home with me. The Six Worst Retirement Investing Mistakes To AvoidWhen it comes to managing our retirement funds, many of us suffer from perpetual insanity. That’s not to say we’re crazy, although some investors may be when they take stock tips from television gurus or from brothers-in-law. I’m referring to Albert Einstein’s definition of insanity: “Doing the same thing over and over again and expecting different results.” Source: http://www.forbes.com/sites/johnwasik/2015/05/11/the-six-worst-retirement-investing-mistakes-to-avoid/ |
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It's lovely to see more and more new people here and this makes it all very promising for the future. I am hoping more and more women participate in DNOTES so that we have a more balanced digital currency world. So far my faucet experiment has yielded 70 Dnotes so am hoping to make over 100 DNOTES this week from clicking faucets..  Agreed, it's great to see new faces pop in every so often, and ones we haven't seen in a while too. It is a good sign DNotes is still growing. |
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"Smokeys Gardens has introduced me to DNotes and I am so thankful they have."
Why is this such a mystery to the rest of the crypto realm? Among a few friends and family, colleagues and a couple of local merchants, you set up some wallets; undertake to explain security; buy and sell stuff with cryptos.
'Move away from the screen!'
Mark (IndiaMikeZulu), Australia
It's only a matter of time before the rest of the world catches up to you. It may even be that there are a lot of micro communities trading, buying, and selling; we just may not see it. Well, I'd like to think so. |
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Happy Mother's Day to all our DNotes moms!!  Happy Mother's Day to all our DNotes Moms and all Mothers around the world!! Happy Mother's Day All! I will be away most of the day. |
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Absolutely TeeGee! Smokeys Gardens has introduced me to DNotes and I am so thankful they have. I work for a company that is concerned about my future finacial state. Dnotes has so much to offer a student like me and has so much to offer other individuals. The CRISP for students is allowing me to create a plan on how I will pay off my student debt, along with my future childrens as well. In the mean time, this is costing me absolutely nothing and all i had to do was sign up! I am constantly worrying about the amount of debt I am gathering as I finish my journey through school. The MULTIPLE programs that DNotes has to off for long term finacial stability has allowed me to feel a sense of security for the future.
Haley Mullett
Hi Hayley, Welcome to the DNotes forum! I just wanted to wish you good luck with your CRISP and I hope it gives you some peace of mind as you finish off your studies. Great post Hayley, thanks. I will be at the farm next week to personally meet with an important visitor from our community. I will let him have the honor of filing the report after the meeting. I have personally worked with Hayley. She is an amazing young lady. I am passionate about helping small business owners, their employees and students, of course. It is unfortunate that so many people worked so hard and barely make ends meet and yet 50% of the wealth is owned by the top 2% of the population. It may take us a while to get through their gate keepers. In the mean time, we will continue to do what we can helping those within our reach to secure a better financial future. Thank you all for your support. Welcome to the DNotes forum Hayley, thank you for taking the time to post! |
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Couldn't help but add my 0.02 in the comments for that link about student debt.  like up +5% this guy is so cleaver if future marroned students by loans can read him will be insanely good for them. Thank you TeeGee, excellent post! I hope it reaches a few students who get involved with DNotes and eventually earn enough to make a sizable impact on their own student debt. |
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What will aid the growth/evolution of DNotes, leading to mass adoption?
Grass roots campaigns established in every possible city and town around the globe. With Chicago as the DNotes capital of the world, initiatives can be started in other cities to bring some of the massive job and wealth creation to their city. DNotes Meetups, helping further the CRISP programs, introduction of DNotes & CRISP to businesses, organizations, schools, etc. This would have to be done by DNotes stakeholders living in that city.
Thanks Chase! Added to my list. This is a great way for DNotes supporters to help get involved in the growth of DNotes, even just talking about it with your friends could lead to local trading and involvement in many DNotes programs.
What technologies are most important to the future and success of DNotes?
1 ) An easy to use merchant payment verification system that doesn't require a third party
2 ) Cloud storage of the blockchain. Wallets sync with cloud instantly and no lag time at startup. This is a centralized item, however, but would be of great benefit. Instant syncing, instant sending, etc.
3 ) Versatile tipping program for various websites and social media outlets
4 ) POS style reward system
5 ) Making DNotes secure for everyone to use no matter their situation
6 ) Instant exchange functionality for the DNotesVault
7 ) Total smartphone solution for all DNotes functionality including vault and instant exchange functionality
What major issues with the existing financial system can DNotes solve?
1 ) Instant transfers of money.
2 ) Micro transactions, under $1 are not feasible. The transaction fees make micro transactions unprofitable if not impossible.
What services are most important to the future and success of DNotes?
1 ) Direct and simple fiat to DNotes exchange.
2 ) DNotes investment fund that is SEC approved and tradeable on a major stock exchange
3 ) Accessibility and Ease of Use
4 ) CLEARLY outlining benefits, programs, future of DNotes
5 ) 24/7 support
6 ) Multilingual support
7 ) Assurance of store of value
8 ) Credit/Debit Card
9 ) ATM services
10 ) Refill service for prepaid/sim cards
What major obstacles does DNotes face to achieve success?
1 ) Half of the world's population does not have banking access and is therefore excluded from participating in economic growth.
2 ) Combating and rising above the bad reputation bitcoin has (whether it is deserved or not).
3 ) Mainstream media negativity of any cryptocurrency in general.
4 ) Develop global name recognition. When people think "crypto" or "Bitcoin" now, they should simply think "DNotes" in the future.
What will aid the growth/evolution of DNotes, leading to mass adoption?
1 ) COOP's in Micro Communities
2 ) Micro-lending bank like Kiva or Grameen
3 ) Grass roots local campaigns for DNotes and CRISP programs
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Nice work , cheer up Welcome han1122, thank you! |
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hello as always very happy to see how well things are going and the great work at hand for all our futures... I had a question as my daughter is 8 and in grade three and I was wondering if she can qualify for a crisp for students or is she to young.. I do have a vault account and just need to know what the steps are I have to do to make this happen for her, as she is the generation or crypto currency users ... Thank you for you time in answering my question and thanks for the great work you all do here ,I'm very impressed with all the dnotes crew ..keep it up .. Hi kold678, have you signed her up for a CRISP for kids account yet? https://dnotesvault.com/crisp-for-kids.phpWe appreciate the kind comments! |
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Just wanted to say hello! I am seriously impressed that you still exist, and seem to be thriving. One of the few of that era.
Actually, I found an old wallet.dat from end-of-March-2014, and I am syncing my v1.2 wallet. Only 18000 more blocks to go.
Have a good weekend!
Welcome to the DNotes forum drakoin! Thank you for the kind words. Please feel free to come back often to share your thoughts on DNotes and comment on our projects. |
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Wow ! Amazing flowered extension .... i have green hands ... i see tons of good work there, yesterday i planted Jazmin love smell it, hope grow strong here in spain now is vegetable auto growing in a boom everyboy has own tomatoes or wherever inside the house XD , mm yeah smokeable plants too  Hope more merchants copy smokey marketing accepting DNotes or btc Congrats for your bussines ! Thank you infovortice, you are right a lot of hard work went into it. The pictures above only represent about 1/3 of the total garden. |
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