what i say is dont expect a POS switch alone to create a successtory

thats just a puzzle piece

same at the soon happening 90% POW reward reduction will not be the one and only mastersolution for DMD Diamond

for noble i hope jason get active stuff done on noble marketplace and NOXT more visible (he might work on it like crazy but noone see it)

this could add value to noble

and a multipool solution is important

be mined and sold is lose value

mine others and sell to buy own coin is gain value

and automated service that proviode such is a multipool with noble payout

im dont know maybe one exist already if yes than make sure u get it heavy utilized now

so the possitive effects add up with POS release

thats the plan
but this should be community project

but basical everything that is done for dmd diamond is done by  community

the dmd foundation is nothing else than a organisation of community people
who deep envolve themself and commit a lot dedication for dmd diamond related projects

but there is no rule that say dmd related projects are only done by foundation members

pos will theoretic create 4.4 million a day

but u can expect that around 40% of coinage will be burned on transactions or never claimed (coins in dead wallets)

so estimate around 50-60% less coins generated each day

from  7.2 million down to around 3 million a day

and most important lot of this POS coins will appear at wallets with hold mindset so that coins not create instant buypressure on market

but u have to be carefull that not silence kill the market

everyone hold no volume on exchange is also very bad

a multipool solution can help to create basic buy pressure and volume on exchange


the here promoted jump of value from 20 to 100 satoshi will be a illusion

longterm value come from money put into a coin ecosystem

and not by attept withdraw it with cashout little trading gains

only gain u will see if buy pressure keep the same is the coinrollout difference

so from 10 satishi that u did see longterm in the past 60% more

i expect it to fall to around 15 satoshi after the pump and dump waves after pos hype ends

get coin higher need additinal good news example rofo present a active noblemarlet
or some additional use for noble to be burned into layer2 projects like NOXT

i see the goal as a zero linux knowledge solution

what we have now is a compiled wallet that can be run on arm based linux
thats nice but still require "nerds" to get is running (less nerd than required to compile by urself but still)

what i want to achieve is a hardware wallet with preinstalled OS and preinstalled wallet
a easy to follow guilde to move ur wallet.dat into it

very good out of the box security concept

and ideal would be based on ubuntu snappy so that the dmd wallet can be a snapp (the apps avaiable at ubunto snappy appstore) that can be very easy updated by easy automated comparision of binaries and update of them (all non securiry relevant data no wallet.dat no peers.dat no diamond.conf)

we need to get this stuff out to non nerds

people where the highest of nerd skills is to be able plug in a power and a network cable
and start a VNC or remotedesktop connection to the hardware and there follow a easy howto that is placed on the desktop

diamondOS that we have already was a step in this direction a wallet on a stick

but still it block a whole PC and it isnt power efficent

a 5w power efficent small device that dont block ur PC is way better solution and can run 24/7

thats already happening its like 1-2% more a month if u have wallet always open compared to only open it once a month

if possible i suggest everyone to have hiw wallet minting 24/7

it not only increase his POS earnings a bit

it make sure even his small coin piles get minted

and it give our network a lot stability because if lot wallets

u know what is true is decided by majority of wallets

lot wallets online means lot more security of the truth

i hope we soon can provide the community with a raspery pi 2 hardware wallet solution

that would be around 50$ and be a 5watt 24/7 hardware wallet solution which u can easy administarte via VNC or RDP from ur main PC

we will reduce pos block time in one of upcoming wallet releases
so small coin pile get easyer included into a group stake

it work now too but it can require to have wallet in minting state for long time to get lucky

pokeytex what we have to do to achive dmd v3
go far beyond the difficulty to add masternodes or a similar system

we add it to our wishlist in fact we had always a plan to add something beside POS that rewards active wallets

please give us some time we have big projects to work on
bigger than anything that was ever done for DMD Diamond

sellorderbook was dry
its a bit better today
but still not  thick enough to protect longer from a pump

up to 0.00100 there are only 4000 dmd in sellorderbook

mining diff over 220 again so we can hope for some chinese insta selling miners
that would help sell orderbooks did run pretty dry last few days

its good to have u on board
but mate u contrirbute far above what fit to ur share size
if other with double ur amount of dmd cloud shares and dmd
would contribute just the half of u we would have perfect community support

THX!

YES WE DID IT!



everyone should see stoody as a perfect example how thing get done
he show that act is the way to reach a goal
and not waiting that someone else to do it

just bought a rasperry pi2 would this wallet fit there?

can i use lubuntu or ubunto snappy?

i think the goal would be have a ubunto snappy dmd wallet that autoupdate the binaries whenever a update of wallet happens

where are the chinese fpga miners when u need them

please throw ur dmd on market and dump for some nice profit

if u read my investment plan i suggested its always 50/50 buy dmd direct and buy dmd cloudmining shares

the difference in include dmd cloudmining into ur investment plan is following

u want to trust in others to make dmd a success or u want to contribute

dmd cloudmining is base buy pressure and cashout security and as such a major stabilisation factor

dmd cloudmining payouts improved by reactor additional reward people for their contribution

its not a pure investment vehicle

it upgrade simple pos to double pos

prove of stake + prove of share

longterm plan at least for me is to increase my family income with this double pos income without need to sell any dmd of of stock

@chilo once again u beat me with a faster and easyer to understand expaination thx for help me explain stuff its good people hear the reasons described on multiple ways one of the explainations fit  and will make em understand

we know not who created the logo and to be futureproof and sure we can claim rights a redesign would be nice anyway

but in my opinion we should keep similar style and look bzt such a extension like write diamond in muktiple language sure nice idea

every designer can try create his vision of a new logo

i know alex work on some idea

but its really low priority for a ceo to draw pictures

some guys in this thread example stoody and pokeytex have their dmd cloudmining address in their signature ucan log into website with that in view only mode


so u can check out daily earnings of existing users

mining stats cloudmining tab
exchange stats (usearows top righti scroll through rounds)
and cloudmining roi
are the interesting pages

u sold ur dmd cloudmining shares
and u dislike the reactor idea

thats fine both are projects independent from wallet code and  play with same rules than everybody else

but if u think u have to be a preacher against it then u have to go with facts and not nonsense
(additional think how it looks to a new guy who join our community when he read all u rants
it doesnt feel u make the diamond shine more bright instead more like u throw dirt on it)

that reactor make it more difficult to stake for others is just wrong

its not new coins or new coin age

if they coins would not  get coin age and try to mint them away in reactor

then the coins would gather coin age and try mint them away split over a lot wallets

thats the same am or even a bit less competition for pos blocks
(a bit less because now only one wallet instead of a lot try to mint the pos block)

people who dont take part in dmd cloudmining or dmd reactor (which is a add on of DMD Cloudmining)
have no negative impact of this operation for them

but they profit from a lot of positive effects that are created by dmd  cloudmining

because u buy potential 2 weeks of payout together with the shares

but i agree i wonder the high risc people are going

what i still miss is a answer from havelock regarding this:

if i look at dmd market at cryptsy i can see a very high temporay pump & dump potential

i strong suggest to not buy DMD over 0.00070 until the market had some time to stabilze the orderbooks

http://www.cryptocoincharts.info/pair/dmd/btc/cryptsy/6-months

always use the orange line as guide where the healthy price is

soon we can say 0.00060 stabilized but sure not 0.00070

thats it!
DMD v3

u are a prophet u can see the future  

assets
smart contracts
decentralized exchange
blockchain powered apps

thats the direction we move to

DMD Diamond is and will be far more than a crypto currency
it will create a whole crypto business ecosystem

that even if able to interact with other systems is way more independent

than all this supernets (that are building with various names now) where a coin is just one of many if it merge into it

what we do now is still increase the web of investors and coders that will make this happen

and we not at zero we have aready a base to build on

if it work out as we plan we can be in a few months one of the industry leader

in the area bitcoin 2.0 services

https://chainz.cryptoid.info/dmd/address.dws?107821.htm

as u can see reactor work great
its not to late to join the doors are always open