Hi all, TeeGee and me are getting a Facebook Page off the ground for long-term DNotes Social Media purposes. Can folks on this board do us a solid and like the page, and then invite your Facebook friends to do so as well? Looking to get a few thousand folks on the page organically, and then building out some social strategies from there. Thanks in advance for the help!!! fb.me/InternetofValue.Bitcoin |
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I do not see any activity on the DNotes-2.0 GitHub page..!
Are you 100% sure you can release it on February??
Please specify the exact date.
I have bad memories of delays!!
Hi a.roman, we are on target for Q1 release and will be uploading our new repository soon. Specify at least month ... February, March, April..? You must know which month will be released! I want to know if I need to sell my DNotes or still have to keep them! Patience, brother. Building a world-class ecosystem, and changing up the entire codebase to a better language....takes time. And it's obvious that momentum is building. At my company office in Chicago, I wrote this quote on whiteboard wall...It's something Steve Jobs said in a CNBC Documentary about Pixar....
"But if you look very closely, most overnight success stories took a really long time."I've been holding my DNotes since the genesis block in Feb 2014. I've not touched or sold a single one. And don't plan it for a good long while. |
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https://youtu.be/DaQR4jk1voQAmazing! Dauphin DTR-1 from 1993. This is a piece of history and still works 25 years later. This was groundbreaking technology for the time and in many ways began to shape what is today's cell phones and tablets. For those of you familiar with running a business, it takes a lifetime of experiences to get it right. For every successful business there was likely half a dozen failed ones, and the 'overnight success' that were 5-10 years in the making  . I have tremendous respect for Alan and the immense experience he has taken the time to share with me and bring to DNotes. wowowowow What an awesome find. Alan, I'd imagine seeing a video like that is like looking at baby pictures of grown children....memories come flooding back! |
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I have read through a lot of postings yet and I am really impressed by those believing and holding DNotes all the time. Since last year I am in DNotes as well and I would like to know, in what way - perhaps just for marketing reasons - DNotes could be related to Ripple? As I understand, DNotes is not only about a payment system but a whole ecosystem including its own bank. In a way, Ripple also bridging the gap between centralized institutions ... on a centralised blockchain tech.
"In the depths of winter I learned that within me there lay an invincible summer." - Camus Nice screen name! |
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Greetings everyone. What is total supply of Dnotes and what do you think about PoS on Dnotes?
Welcome Vingge, the total current supply is around 130 million https://chainz.cryptoid.info/note/Our next upgrade, DNotes 2.0, which we will have a 1:1 coin swap will be POS. POS is better aligned with our philosophy of shared stake, those that have an invested interest in the coin will benefit the most. Additionally, on top of the staking reward structure, we will have CRISP built into the blockchain reward system. Those who store their coins for 30 days or more in the same wallet will earn .166% (2% annual with monthly compounding), and those who store their coins in the same wallet for 365 days or more will earn 4%. As a result there will be no cap in DNotes 2.0. NO CAP ANYMORE?? I think that whoudnt be good for the price because the value of the coin will be lost  That realy concern me and i think to move out Ethereum, for example, also does not have a cap. Hasn't seem to hurt its price  |
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Same to the DNotes team and the entire community.
2018, for me, is going to be a year of personal transformation. First up, winning my bet at healthywage.com. I signed up to lose 20% of my body weight, and attached enough financial incentive to the goal that it will really hurt if I don't get there.
Here's to a great start to that and everyone else's 2018 goals for personal and professional betterment.
It always makes me happy to hear that someone I like hearing from is taking action to improve their odds of being on the planet longer and participating in it more. (I'm assuming that you have objective information that this is excess weight). I really like it that you've found a way to gamify and enjoy the process. So I'm wishing you more than success with this venture, I'm hoping it brings lots of fun as well. Yeah, I really liked the concept when I first heard of the site. Studies indicate upwards of a 40% increased chance in hitting goals when a financial incentive is there. It will definitely be a lot of fun; I enjoy fitness. But every year the past 10 years since having kids, I seem to get just a little bit fatter. I've run 6 marathons the last 10 years, with my latest coming late last April. But my BMI technically puts me just a hair over obese. I lovvvvvve running, but it's not conducive to fat burning since that is best for exercise that is 110-120 heartbeats per minute. My trouble is that I motivate myself by saying "Im gonna running a marathon in 9 months." Then all my training focus is on that. And it's really only during the first few weeks of plodding along that I'm doing much fat burning. But I can't stay in that paradigm, since I have to start building towards the race. So, I feel like the financial incentive/gamifying will take the place of the marathon as motivation...and allow me the mental freedom just do 60-90 minutes a day of walking on a treadmill, without the pressure of feeling like I need to get to the next level asap for an upcoming race. Anyhow, this is going to be an amazing year. What's everyone else's top self-improvement goals for the upcoming year? How about you TM? Okay you've both inspired me to and made me think about it, so here goes… I don't have that button that fires off on new years because we're at the same point around the sun as we were last year. I've rarely started and only once finished a new year's resolution. That one that I did was to stop me being so damn emphatic. So I removed the word 'is' from my vocabulary for a year. This year: - I'm doing a yoga retreat in March and walking the 600km Camino de Santiago in July. So getting closer to touching my toes is on the cards.
- Mentally; I'm aiming for at least two 10 minute sessions of meditation a week.
- Skills; I'm learning python and experimenting with writing AI code.
- Creative writing; Proofread and edit my novel "Demon Spawn Goes to High School"
- Commercial writing; Try my hand at writing scripts/screen plays for short Youtube videos.
- Emotionally; I'm working on being more present when feeling hurt or in trouble.
- Musically; I'll be focusing on the ocarina because I just bought a new one that is an octave lower and easier on the ear.
- Languages; Khmer is a long term project, but I'll add some Spanish in this year, I bought the Language Hacking Spanish book.
- Artistically; sadly I don't think I'll have time to keep learning the 3D software Blender this year.
- Charity/Social; I still believe that nearly all of the little fires that everyone spends their energy trying to put out, would all go out on their own if we banned all forms of donations to political parties accept personal donations capped at a level where the majority of the population would donate, like $20–$80. So that will continue to be my battle.
That was worth spending the time thinking about, MiningHabit. And because of this, I'll probably stay more focused on it and get better results by the end of the year. It was a good exercise, so I'll quote you to end this: What's our top self-improvement goals for the year? ... edited as per Alan's excellent suggestion. You're my brother from another mother. I started up a yoga practice about 2 years ago. And it was amazing. At $89/mo, the local studio got to be too expensive. But the 14-16 months I was going regularly were amazing. And I'm right there with you w.r.t. writing AI code. I really wanted to get deep into this stuff last year, but my hobby time was spent on building and maintaining a mining rig, as well as building out various crypto investment decisions. With mining winding down, and my crypto trading on autopilot, it's time to go back to this. Especially now that the whole thing has been demystified for me a little bit. We are building machine learning models for our computer vision stuff. And it's been really fun listening to my new Israeli colleague describe her struggles building a machine learning model to put inside a part of our code. It's magic, but no more magic than mining. In fact, I was bemused by hearing her mention some of the registry and virtual memory tweaks she needed to make to get the model made. Literally the same things I was going for my mining rig! I'm thinking of doing the Johns Hopkins specialization on Coursera. But maybe that's too deep. Like with mining, maybe it's best just to dive in and learn by doing. I really like your creative goals too. One thing I know I need to do a lot more of is processing/journalling out my thoughts and experiences. Life is coming at me so fast that I don't spend a lot of time processing, only doing. It's a source of a lot of anxiety, and I know that focusing more on mindfullness and high level end-of-day processing will be massively helpful here. You seem to be tracking right along the same lines.... Thanks for the spreadsheet link. I think I'm going to mod that a bit and use it myself. Thanks a lot for sharing it! |
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Same to the DNotes team and the entire community.
2018, for me, is going to be a year of personal transformation. First up, winning my bet at healthywage.com. I signed up to lose 20% of my body weight, and attached enough financial incentive to the goal that it will really hurt if I don't get there.
Here's to a great start to that and everyone else's 2018 goals for personal and professional betterment.
It always makes me happy to hear that someone I like hearing from is taking action to improve their odds of being on the planet longer and participating in it more. (I'm assuming that you have objective information that this is excess weight). I really like it that you've found a way to gamify and enjoy the process. So I'm wishing you more than success with this venture, I'm hoping it brings lots of fun as well. Yeah, I really liked the concept when I first heard of the site. Studies indicate upwards of a 40% increased chance in hitting goals when a financial incentive is there. It will definitely be a lot of fun; I enjoy fitness. But every year the past 10 years since having kids, I seem to get just a little bit fatter. I've run 6 marathons the last 10 years, with my latest coming late last April. But my BMI technically puts me just a hair over obese. I lovvvvvve running, but it's not conducive to fat burning since that is best for exercise that is 110-120 heartbeats per minute. My trouble is that I motivate myself by saying "Im gonna running a marathon in 9 months." Then all my training focus is on that. And it's really only during the first few weeks of plodding along that I'm doing much fat burning. But I can't stay in that paradigm, since I have to start building towards the race. So, I feel like the financial incentive/gamifying will take the place of the marathon as motivation...and allow me the mental freedom just do 60-90 minutes a day of walking on a treadmill, without the pressure of feeling like I need to get to the next level asap for an upcoming race. Anyhow, this is going to be an amazing year. What's everyone else's top self-improvement goals for the upcoming year? How about you TM? |
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Same to the DNotes team and the entire community. 2018, for me, is going to be a year of personal transformation. First up, winning my bet at healthywage.com. I signed up to lose 20% of my body weight, and attached enough financial incentive to the goal that it will really hurt if I don't get there. Here's to a great start to that and everyone else's 2018 goals for personal and professional betterment. |
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Merry Christmas to the Forum, to the DNotes team, and to all and sundry in between! |
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Thanks, Chase. I left it open-ended on purpose. I had a conversation with Joe on this subject earlier. He will be coordinating to encourage our community to start working on a list of subject matters to cover - using multiple print media and social media platforms. This should include articles for DCEBrief, DNotesEDU, LiknedIn, Blog Posts, Facebook and other social media. Additionally, we will be issuing press releases 2 to 4 times a month beginning in January. I envision that we will have a press release update on each of our ecosystem, as well as our family of CRISPs. They are all just as relevant today; in fact even more so. This is the time we need our community to pitch in the most. Free free to share any ideas you may have. Thanks.
Content developed by solid designers, writers, etc is a nontrivial activity that can be hard for beginning technologies without that extant knowhow. This is exactly the topic that my friend Colin covered at a recent "Illini Startups" meetup at the Marketing Store in Chicago. It was all about how to market without a CMO. Which is typical of tech firms, who start with the innovation/technology, then develop some insight into product-market fit, and thennn it's time to proselytize. So it's a core competency that needs to be built out scrappily, or it gets hella expensive. (for example, my firm hired Sales/Marketing leadership talent from Salesforce before we should've and we wasted a huge amount of that VC rounds' runway on negative ROI marketing spend). The topic of the meetup was marketing without a CMO. Some great ideas in his slide deck: https://www.dropbox.com/s/h4scg6znkl3y7t3/Illini%20startups%20Marketing%20December.pptxHe also suggested getting in touch with the College of Media at UIUC. That's the world he came from, and he said kids would be dying for content work like this on exciting projects. |
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Wow, you guys are really stepping up for me. Great discussions. Thank you.
The commitments have been made. We are now actively working on our funding using Reg. A+ mini IPO Title IV Tire 2 to raise up to $50 million from accredited and non-accredited investors worldwide next year. This is a big project that need a lot of professional involvement, making it quite expensive. Accordingly, we are considering offering a Reg. D 506 (c), available only to accredited investors to fund the mini IPO. This is a common strategy and encouraged by the SEC.
I am extremely busy focusing on the most critical issues and getting the most important things going as quickly as possible. We have already retained the services of Laura Anthony of Legal & Compliance, LCC and I will be selecting an accounting and PCAOB auditing compliance firm next week.
Joe and I have been combing the entire Chicagoland area in search of the best software development team to work with us. We will be interviewing several companies that have expressed a strong interest. We are also planning to hire one or more qualified software engineers as part of our expansion project.
Yes, we are totally committed to making DNotes a technology leader. This is a multiyear project aimed at creating a fully integrated ecosystem most favorable for mainstream acceptance of DNotes. Our priority is to launch DNotes 2.0, migrating from Proof of Work to Proof of Stake. Following that multiple projects will be initiated to work in parallel with strong emphasis to support NextGenVC and our clients.
NextGenVC’s core mission is to assist early growth stage, and established companies with great growth potential but constrained by other issues. NextGenVC has multiple missions: raise adequate funding to solve multiple deficiencies; introduce clients to digital currency and blockchain technologies; revitalize corporate culture and more by the book “Improve Your Odds – The Four Pillars of Business Success.”
DNotes is uniquely different. It is more than a digital currency but a complete system with many critical parts. I can not solve any of the Bitcoin problems as they are, but I am confident that, having been built from the ground up over the last four years, DNotes will solve most of the problems inherent to Bitcoin and other digital currencies. DNotes will prevail because of our clearly articulated vision and relentless commitments. It has not been easy to understand the DNotes' business model, but it wouldn't be long. Many other parts are coming together to form a clear picture by early next year.
This is the most exciting DNotes related-post that I've seen on bitcointalk, over all the threads. Really looking forward to 2018. |
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There's an awful lot of talk in the media and among economic experts that Bitcoin is a bubble right now, with all traditional indicators leading them to that conclusion. However, I believe they are discounting just how widespread the demand is. In my opinion Bitcoin is not a bubble, it has barely reached its full potential. I think we won't start getting into serious bubble
Bitcoin is definitely in a bubble AND it hasn't reached it's full potential. The two aren't opposed to each other. Like Erik Voorhees tweeted the other day.... "Bitcoin can be *both* in a bubble and underpriced, simultaneously. It depends on your timescale. Remember the poor fool who bought at $31 in mid 2011 at the top of that bubble..."By traditional measure, like I said in my original post, you came to the conclusion that Bitcoin is a bubble. If we also look at it from the perspective of behavioral economics, and what percentage of the herd has common consensus on the future direction of Bitcoin, there are still many individuals with different biases. During the tulip bubble, few people thought the price would go down, as is the case with nearly every other bubble. Bitcoin has undeniably reached critical mass, but I wouldn't go so far as to label it a bubble until we see how the other 95% of people in the world who don't use Bitcoin react to it. This 95% is a highly generous estimate, using America as a baseline for the entire world. I really like how you brought behavioural ecconomics and the fact that the current market is a fraction of the potential market into the discussion. Where a bubble exists with investors aware that price far exceeds value, it is typical for all investors to closely watch the market while hovering a finger over the 'sell' button. This way they have a slim chance of being the second-greatest fool. Then, when the bubble-price drops, it plummets quickly and keeps going until consensus is reached that the investment is valued at its real worth. If you look at the price history of bitcoin, this is not what happens. The price drop is steep, but the 'current value' baseline is never too far below the peek it dropped from. For me, that is a clear indicator that it is not a bubble. Bubbles pop. Bitcoin declining by over 60% in 2014 after a 5000% runup....isn't a bubble popping? Then what would you consider the housing crisis, which was belied by assets runup and decline far, far smaller in magnitude than that. It seems by using BC's line here....that people in 2013 would have been wrong if they correctly called that as a bubble....because an even far smaller percentage of the herd had heard of the concept, much less believed in it. Agree to disagree, but we are most certainly in a bubble, imo. |
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Not trying to spam the thread with posts here guys, but I wanted to bring up the increase in cost of Bitcoin transaction fees over the last year. https://bitinfocharts.com/comparison/bitcoin-transactionfees.htmlDec 8th 2016 average transaction fee - $0.26 USD Dec 8th 2017 average transaction fee - $27.20 USD Any thoughts on the implications this will have on the industry? Innovation in the altspace, imo. When people saw that altavista sucked, that creates room for Google and Yahoo and Bing. But in this space, I think Altavista itself improves by virtue of the others, as opposed to being killed by them. Someone was looking for comments on this on Facebook https://theoutline.com/post/2592/bitcoin-is-none-of-the-things-it-was-supposed-to-beWhich I agree, bitcoin is certainly not today what it was envisioned to be, but it opened the gates for the us to make it happen. Whether or not bitcoin will continue to grow in it's current iteration, continues as the gateway to the digital space, a fork off over takes it, or it carves itself out as it's own ultimate niche, who really knows, there are a lot of variables at play. What I can say for sure is that DNotes is taking it's own path to achieve many of these goals with clear direction and strategy. That's exactly how I feel about it. Certainly, BTC today is different from it's initial vision. But that is natural for technology. In BTC world, it's called a fork. Or an altcoin creation. In the world of Tech proper, this seems very akin to pivoting. I think it's a feature that BTC is what it is today, not a bug. It created the game. It brought the decentralized internet of value into being. It took the concept from 0 to 1. Going from 1 to n is where we are now. And inherent in going from 1 to n, means n directions. Who knows where the space will be in three years? Absolutely no one. But I'm not going to get pissed about fees, volatility, electricity, lack of anonymity, and all the rest. Proof of Stake, snarks, new protocols for lower fees, and everything in between.....It's growing pains. And I'd rather not miss the forest for the trees like many in that article seem to.... |
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Not trying to spam the thread with posts here guys, but I wanted to bring up the increase in cost of Bitcoin transaction fees over the last year. https://bitinfocharts.com/comparison/bitcoin-transactionfees.htmlDec 8th 2016 average transaction fee - $0.26 USD Dec 8th 2017 average transaction fee - $27.20 USD Any thoughts on the implications this will have on the industry? Innovation in the altspace, imo. When people saw that altavista sucked, that creates room for Google and Yahoo and Bing. But in this space, I think Altavista itself improves by virtue of the others, as opposed to being killed by them. |
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There's an awful lot of talk in the media and among economic experts that Bitcoin is a bubble right now, with all traditional indicators leading them to that conclusion. However, I believe they are discounting just how widespread the demand is. In my opinion Bitcoin is not a bubble, it has barely reached its full potential. I think we won't start getting into serious bubble
Bitcoin is definitely in a bubble AND it hasn't reached it's full potential. The two aren't opposed to each other. Like Erik Voorhees tweeted the other day.... "Bitcoin can be *both* in a bubble and underpriced, simultaneously. It depends on your timescale. Remember the poor fool who bought at $31 in mid 2011 at the top of that bubble..." |
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First of all, none of those academics are 'experts' outside of how to study the manipulation of markets for personal and megalomaniacal gain. I could hardly take Paul Krugman, Joseph Stiglitz, or any central banker's opinion seriously -- it is like asking. Even the Central Bank in New Zealand said "it's blatantly a bubble". Everybody is saying it might be a bubble, and yet everybody still wants to buy it. We should clearly put our faith in the Keynesian command-and-control style economists who have been wrong every time. That Amazon bubble tho... Stiglitz is a brilliant mind. I respect him a lot, but he's out of his depth. And it's kind of understandable why. https://www.bloomberg.com/news/videos/2017-11-29/joseph-stiglitz-bitcoin-ought-to-be-outlawed-videoI posted that on LinkedIn, quoting him “We ought to just go back to what we’ve always had.” I'm not a Nobel Laureate, but I'm pretty sure this isn't how innovation works. The first comment was For Keynesian economists like Stiglitz, a decentralized currency is a threat to the economy in their minds. Without a central authority in control of the money supply, it would mean no quantitative easing and it could also become politically untenable to deficit spend during a recession (or any time really).And I replied Most definitely, the logic of why Stiglitz would be hostile makes sense . Thanks for the comment.
He once wrote 'Economics is difficult because we cannot conduct controlled experiments. But we do have a wealth of experience from which to draw inferences.' As a trader back in the day I learned some things, and one of them is that trends work, until they don't.
The development of an internet of value, building on our societal experience building out an internet of information....is completely new. So his economic inferences in this space make him uncomfortable, because he has no experience with it. Inferences like 'the invisible hand is not visible because it isn't there' are only possible if you exert control over fiscal and monetary policy, especially during downturns like you point out.
Practically speaking, this leads to the role of government. 'Government is needed, almost all would agree, at a minimum to enforce contracts and property rights.'
So his brilliant, brilliant mind gets muddled by this new reality where we don't require central trust mechanisms for transferring value. And he ends up spewing absurd on their face comments like the one in the OP.Him and the whole lot of Keynesians...their days of control are over. |
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Thanks for the informative articles. I especially enjoyed looking over the infographic from DNotesEDU. Here's a fun one: CryptoKitties is taking the Ethereum network by storm: https://cointelegraph.com/news/cryptokitties-sales-hit-12-million-could-be-ethereums-killer-app-after-allI looked over the CryptoKitties website and read pretty much everything except the white paper. Although you have to put some real money into it, it actually has a lot of educational value. It's a fun way to learn how the block chain and smart contracts work. I'm actually considering getting my older kids some ether and letting them have at it. I hope gamification is part of DNotes' plan. It's just fun. And it can be a fun way to learn the ropes too if the game is done right. My daughter and I started getting into this game this past weekend. Addy named our first Cryptokitty fluffplum, a portmanteau based on the parents names: cloudyredfluff and CrazyPlum. https://www.cryptokitties.co/kitty/225886 |
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Well said. Nice explanation. I like 2 a lot. I have always hated the accredited investing rule. No, I'm not rich. But yes, I am astute enough to understand the risks I take. So why can't I?
For example, I was desperate to invest into Facebook a year or two before it went public. It was worth $10b at the time, with shares trading on SecondMarket at about a $15b valuation. Pretty steep markup to get in. But I wanted in bad. Only, I'm not accredited. My Dad is, and so I wrote up a 4 page investment thesis. He didn't do so. And obviously there was nothing I could do with the little capital I had at the time. Facebook is like 30x-40x those market cap levels now. And I missed only because I'm not already rich.
This is a huge reason I love crypto so much. It's going to disrupt so much of our world, just like social platforms and cell phones did before it. But this time, nobody except for myself gets to determine what I do. I set my own risk params, and the government can't tell me what to do because I'm not already rich.
Glad to see this ethic possibly extending out to the underlying corporate entities, and not just to tokens themselves.
Certainly understand the frustration in that situation MiningHabit and it is unfortunate that you were unable to invest. You could have gone to the casino, or bought lottery tickets with whatever money you had planned to invest and that would have been perfectly legal. I don't believe the amount of money you make should dictate your ability to invest. Like a lot of the rules of commerce within our republic of capitalism, this one skews toward the rich. one instance I got right. But I was unable to execute. But yeah, I'm totally allowed to go onto e-trade, and trade options 'til the cows come home. Higher risk, higher variance, far more complex instruments. But I'm allowed to make those bets with no questions asked. But nope. Can't simply buy equity in growth companies on private markets. Lots of rules have been relaxed here of late, which is great (and there are great fundraising platforms like republic.co that are enabling these kinds of investments by the hoi polloi like us). But fat lot of good that does me in terms of positions I wanted to take a decade ago. And yes, I lost my shirt in my early 20s playing that options game. Hopefully that disabuses any thread lurkers of any notion that I'm preaching as a guru by only sharing shit I got right, haha. Go big or go home. I unfortunately went home, and it set the development of my financial life back by 3-5 years. Blah, /rant |
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