Hello, everyone.
I've been following Emerald as well as Diamond and Ruby Coins for awhile now. I think with current development in Diamond DMD it is time for Emerald to do something to attract more people into mining and owning the Coin which has tremendous potential. Change in Algo, more services and some marketing will be nice.
My two cents - I wouldn't change a thing, and would prefer that any new developer not change the basics of the coin either. This coin perfectly fills a gap other coins don't have covered. It's profitable enough to be worth while to mine, but not so profitable/popular that it gets pounded by multipools. It's easy enough to mine to make collecting several thousand easily attainable for anyone, but low enough reward that a couple thousand still have value. An argument could be made that maybe POS could be added to it to increase it's value a little, but it's a great coin to mine as-is, so going with a high POS reward, or switching to 100% POS like Philosopherstone is contemplating would make mining it worthless. Why mine 100 or 200 Emeralds a day when you can just buy a mess of them and sit back and collect minting rewards? Is anyone still mining ZEIT? No, because it's pointless. But I'm not selling mine, because just leaving it in my wallet collects far more per month than I could mine in a year. Maybe adding a small POS component, like 10% per year, would be a good idea to prevent a 51% attack, but more than that would change the coin too much. I would argue that if people want to see more activity in the community, they should get involved and promote it. Making more people aware of the coin would be a great thing and probably drive the price up naturally. I've seen one or two posts about people accepting Emerald for goods or services - a commiserative coin about Mt. Gox for example. Bottlecaps has one or more vendors that accept CAPs for seasoning and sauces. These examples can drive demand. Getting a good website up would almost certainly drive demand - what exists right now is not going to get people interested. Promoting in other posts can drive demand. Hell, even someone pumping the coin in forums and chat rooms to dump their load of Emeralds can drive demand by making more people aware it exists, but switching the algorithm is not going to drive demand for the coin, and may drive people away. As an example, I used to mine Diamond every day, and I'd get 10 to 15 per day. They switched to Groestl and now I can't effectively mine Diamond any more. I get 1 a day. One lucky day last week I got 3. Yesterday I got none. I'm done. I'll probably hold what I have to collect POS rewards, but I'm done mining it. And the current price reflects the coin's demand. It went from over 100k satoshi to 80k, and if they don't fix pool mining, I think it's going to go lower. Damn shame, Diamond was awesome. Now, if you don't have a rig with 6 GPUs, it's a waste of hash to mine it, because you aren't getting any. Another example is Galaxycoin. That was a good one too, as it was. It used to cost 500 to 700 satoshi and it was easy to mine. A new developer took over the coin, changed it too much, and now it's worth 125. that was months ago and it hasn't recovered. Emerald was all but dead a couple times, but it survives because it's good the way it is. Changing it too much in my opinion would be a bad idea, and if it goes as poorly as Diamond is going right now, the change could kill the coin. That's my thoughts. we from diamond are willing to consider teamwork or even take over emd development we seek a non pos long time POW coin which can join diamond in a merged mining project this way both sides have profit emd gain free promotion and increased hashrate = value increase dmd gain (when our own pow rewards starts to be highly reduced and coin rollout is mainly pos) to have the merge mining partnercoins help protecting our network required for this to happen would be a algo change to energy/heat saving groestl algorythm (combatible to the diamond groestl implementation) something we did already with diamond and we could do for emerald too if there is a dev spokesman or a community spokesman who is interested into deeper talking regarding such a possibility please send me a PM br
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a nice website
welcome back edgecoin scam creator another well done IPO scam atempt
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updated with [DMD]Diamond
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I have also noticed that although the main windows says v2.0.1 the About Diamond-Qt states 2.0.0.0. The debug window also states that the client is 2.0.0.0. So which is what?
This is probably an oversight. The client version is now v2.0.1, which affects wallet file version etc. It is more related to the features the wallet supports. But the display version has been left at 2.0.0.0 which is irrelevant and is only used for display purposes. These should be fixed for the next release as to not confuse people. Don't really understand why the original bitcoin wallet had two version numbers, an legacy quirk. (not only that, but it had these defined in a number of different files) PS: I intend to build myself an Mac wallet soon, and will check your experience. Noted. I find it ironic that it's you who is answering some questions that should be answered by the admins of DMD. Anyways, once again thanks. and u know he is not one of them? the first one who manged to get a -k groestlcoin miner diamond pool running the first one who managed to get a -k diamond miner diamond pool running a friendly guy who had always a open ear for questions and who act very professional in everything he do if i would be part of the foundation team i would try to get him on board ohhh i am part of foundation team.....
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es the DMD Dev team have anyone in charge of "External Relations". Could be a position to manage the contact with (meaning slightly harassing) Exchanges, Comparision websites (whattomine, CoinWarz) and bloggers/crypto-websites. And not to forget that there should be a good contact with the devs of Groestl coin so that any issue is adressed swiftly and accurately.
what sence would a foundation make if its not focusing on such tasks we active in all that directions but we follow a priority plan and pre mintpal we want to have the new wallet released get traded at mintpall will add momentuum we aim to combine positive effects chances are existing we dont have to go trough the voting process as old coin in new clothes we deserve to be there and lot people with connections share that opinion we will trigger that connections in time go trough voting is plan b and prepare that by spend some clicks sure is helpfull too whattomine list us (and high ranked) coinwarz didnt last time i checked and we wrote another mail to them
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https://twitter.com/dmdcoinpopshot seems to be so much sunken into his webdesign work he forgot to inform u he only found a few words for twitter Diamond Coin @dmdcoin 10h A complete revamp of Diamond website is on its way and be assured, it won't be just another WordPress clone this just as answer for the people who are asking us why webpage state old coin stats we dont move resources away from wallet coding its just different people working on different tasks the work on (minting enabled) wallet is still going on and priority one target as explained before u already gather coin-age just mint the rewards is not possible until next wallet release
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if i dont wana trade my stake or parts of it i dont have to care for this and can wait for regular launch right?
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So I have a DMD deposit that never arrived in my wallet... was there a blockchain switchover/fork or something? I have tried to sync my wallet on both mac and PC but the DMD are not showing up in my account I tried the block explorer for the txid ....returned null values address: dcA2zFYYgvaWBaNBCb1UdLErGfdGtq6MSy txid: e36a5d96352fb178bd9b2485ac922a1e3c847cde3d3c61224fe86ee910183b50 Thoughts? Any feedback would be appreciated! @kyma, do you have any new information or updates on your issue? As you know, I have almost exactly the same issue ( https://bitcointalk.org/index.php?topic=580725.msg6752105#msg6752105 ) and mine is still "Being Processed" and they refuse to give out any information at all - refuse to respond is really more accurate. The Diamond block chain has struck due to an attack. It was decided to prematurely fork it and switch to Groestl hashing at that point. Surely, a lot of transactions have been canceled and some mined blocks too (I know to have mined two blocks myself during that time, that got orphaned).
Your DMDs are (back) at Criptsy's wallet. You should open a case with them to have the coins returned to your balance. Or, they should demonstrate where that transaction went..
@danbi, do you have any suggestions about how to further pressure Cryptsy?this transactions didnt happen the dmd involved stay at the wallet of the sender cryptsy have to add them again to ur DMD balance u can only solve this with cryptsy support and yes we know how hard this can be......
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I think you're forgetting to add the interest rates in your math. Btw your calculations are ok and the original post were saying well with the total PoW coins: you need also to calculate the 1% of premined coins to add there. Don't think should be any bug. getinfo moneysupply thats the truth any coin no matter how created pow/pos is listed there if by some reason ur rollout produced less pow coins.... who cares...... pos up to max coins reached will run a bit longer @dev how is ur plan to protect network when coin max is reached and no pos can protect the network? we at diamond have a 30+ years plan and even above i think for serious coins u need to provide us ur longterm plan regarding network security
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Hey GuysYour Guro UtpianFuture will play with you another few months Do you find it normal? as long as you want you can hold out for? Launch is never or, when all have fled or died. So another couple of months NEM auction stakes, I laugh my limp. congratulates your guru for his great performance Guru you are kidding king of people hi nem-multi i dont know lot about utopian future but i can read ur posting history and can see how u selling NEM shares on german btt forum part that time promoting NEM as a great opportunity and worth every cent they bid for it.... i guess everyone can build his own picture of such behavior u proven to talk with two tongue lets see about utopioan future i think it would be a waste of such a big movement to not deliver maybe they late with coding maybe they wana avoid copycoins pre release i did invest 0,1 btc and the chance to be part of what NEM could be is worth every cent of it i did bet lot more on coins with lot less potential u know statistic say one cant always lose i guess its time to win
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i apply and will send u screenshot of my erc wallet when needed/requested
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Devs. Any update on PoS?
no POS rewards until next wallet releasebut u can gather coin-age already!every day coins are in your wallet they gather coin-age once new wallet is released u will be able trade in ur gathered coin-age for 50% (per year) (the unlock wallet button in wallet = activate mint button) this include unspend coin-age from old coins (pre groestl algo fork) too delay in release wallet with mint mode active wont reduce ur pos rewards at all not a single day coin-age u gather now (or even pre fork) will be lost please keep in mind any transaction will destroy all gathered coin-age of involved coinsso if u leave ur coins at exchange they wont gather any coin-age for u (once u withdraw them from exchange towards your own wallet all coin-age of them would be reduced to zero) we know POS is one of the most important coin feature and we sorry that u have to wait until u can enjoy the great feeling when u get this "mint" transactions where ur diamonds in wallet increase by just hold them... the reason POS dont work now is releated to blockchain and old POS atempts pre groestl hardfork new pos atempts are connected to last pos blocks in blockchain basical we carried over a bug from old dmd wallet which we did hope to get rid off with new wallet in testnet this wasnt dedectable because pos by itself works just in connection with old blockchain its stuck we will unstuck it in next wallet release dont worry we know how important that is for our beloved coin we will fix it! but without hurry! with heavy testing and release when we can guarantee it works in real network too and not just testnet edit: why it took so long for us to update you regarding POS status because we did spend a lot time to research the reason why it dont create POS rewards and we dont wanted to tell ya it doesnt pay out POS rewards and we dont know why (it could have been as some of u estimated a forgotten pos trigger which was still set at 400000 total coins but this is not the reason) we know now why and we work on the fix we could have waited one or two days longer with this announcement and lets popshot write it in proper harvard english but i guess u wana have the infos asap and care less for the wording as long as the meaning is understandable
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I'm trying to move my existing scrypt DMD pool over to groestl but can't get block submissions working. I'm using nodejs and keep seeing:
"We thought a block was found but it was rejected by the daemon"
I'm using the coin settings:
{ "name": "Diamondcoin", "symbol": "DMD", "algorithm": "groestl" }
Tried enabling TX messaging as well, same problems. Does DMD work with node? I have a Groestlcoin pool that works fine on node, am I missing something? Do I need some groestl algo setting in my wallet config? Checked my wallets debug log and can't find anything there, can't even see a submitblock at the same time as node attempts to submit.
stratum need to build the block with foundation share included or wallet wont accept it u can start ur research here https://bitcointalk.org/index.php?topic=581065.msg6442550#msg6442550all charity and foundation share coins need the stratum to be adapted in a way that the pre-build block from stratum include this transaction we as foundation dont run a own pool so we cant give setup support but there are pools that are working already maybe u can get info from their operators regarding foundation share stratum modifications and its called [DMD]Diamond not Diamondcoin
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Earn while you solve cures for Cancer. True 3.0 crypto its a clear 1.5 crypto (bitcoin base + POS) & folding@home Hybrid still a good concept i like it
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to add a multipool nothing have to be changed in coin setup
just make a scrypt based multipool
this way sha256 asics mine direct scrypt asics mine via multipool
gpu/cpu do folding
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Thanks for the reply cryptonit. Looking forward to the new update. I know English is not your first language but you've done pretty well so far except for the use of the word "coinage" and I think it confuses people.
In English, coinage means the total amount of a coin issued. For example: "The 1930 Australian Penny had a total coinage of 1500" (a very rare and valuable coin). You are using it to describe how long since the coins were mined as in coin + age. English doesn't work like that (yes it is a funny language). "30 days from the date of mining" is much clearer than "30 days coinage".
thx for feedback i didnt know that so i will use coin-age from now on to represent the age of the coins even it have a special meaning and is amined at the unspend coin-age You are using it to describe how long since the coins were mined as in coin + age no its not the time since the coin was mined coin-age is the unspend age the coin gathered in your wallet each time a coin is part of a transaction or u minting pos rewards with this coin it spend all his coin-age your coin-age must be above 30 days before u able to claim any POS rewards in minting mode
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Would someone from the dev team like to answer the question? It's not really all that difficult to clarify I would imagine. The 400,000th coin should be minted in about a week. I'm guessing that blocks are ahead of money supply due to a fork earlier in the coins life when some blocks got skipped. I've seen it happen before. Looks like the devs need to clarify the situation? Is it 30 days after block 400,000 or is it 30 days after minting (pre or post algo change) ?
As I understood from the first post, POS will start when money supply will be more then 400 000 DMD. Not after 400 000 block. good one Can you explain the difference ? result of the - getinfo command in the wallet: ..... "blocks" : 403436, "moneysupply" : 387564.87036400, ..... Looks like some blocks cost less then 1 dmd. Maybe it was in the first version of Diamond. in the past of the coin there was a time with pos 1% active and created a lot below 1DMD blocks thats the reason why total coins isnt sync to blocknumber. in fact staking happens already but not successful creating rewards this will be addressed in next wallet release. every coin u have in ur wallets gather coin-age each day with next wallet release u will be able convert that coin-age into POS rewards (=minting) we have a testnet running where we already runing on a wallets that did run through a few code reviews and code adaptions for now it looks good but we wont release it until further testing is done one forced early release did hurt us enough we have no need to release update wallet early and untested network as it is now run stable and smooth mining works pool mining works transactions are fast and secure next release will polish code in lot areas but mainly focus on POS which is the core mechanism of diamond evolution
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Hello I'm trying to mine (dmdpool) with sph sgminer and -k groestlcoin doesn't work. What is the secret ?
example for AMD280: sgminer.exe -k groestlcoin -o http://dmdpool.digsys.bg:3345 -u cryptonit.2 -p 2 --gpu-engine 1100 --gpu-memclock 1100 --xintensity 300 -g 1 --thread-concurrency 8192 --difficulty-multiplier 0.0039062500 -w 256 --lookup-gap 0
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cryptsy wallet is updated: 14 days mining gona be sold now by some shortsighted! chance to get hands on cheap diamonds!
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