I have long been watching different coins with the potential for growth. Let's take a look on the annual DMD chart. http://www.imagebam.com/image/aabeee538705350 On the one hand, we see the beginning of the uptrend. But with another side, a long fall schedule raises certain doubts about the fact that growth will be long. What can you say about this? Diamond project has a long stage of development. Basically this is associated with a high award at the initial stage. Now we expect big changes. Work on a new code, publish a road map and much more. I am sure that after implementing all the conceived and reducing POS awards, we will see a stable and sustained price increase that will ensure our success. I'm sure that now is a good time for the gradual purchase of DMD for a long time. |
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Yes, the Diamond looks reasonably stable compared to some coins.  Although there are fluctuations in the price, but in general, these fluctuations lie within the limits of 18 to 30 cents. I think that at the moment this is normal. Soon we will reach the value of 2 million coins. And I hope that some information on the future changes will be officially published in the road map. |
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I think that POS+POW cant help WDC now.Simply it is matter of will of Chinese "investors" that took over WDC,DOGE,QRK,even LTC and some other coins.They want complete control over coins and do not like any idea of competition with other big investors.They does not want stable coin and frankly they dont know how to do that.Theirs scheme is simple from the beginning of crypto world - dump coins to oblivion and pump into space. Of course,no serious investor like that and that is why these coins are so unstable and have price goes down constantly between pumps which happened once a year or more.
Yes, but if you look at the charts, you will see that the strong fluctuations in the price are mostly susceptible to coins on a POW basis. Coins that have a POS or POS & POW system are more stable in their capitalization and value. Yes,POS+POW coins are generally more stable,but how much POS rate for WDC should be if we want to see significant difference?1 or 2% is far from enough. Honestly,I think that only paying masternodes POS system like DASH has, can make longterm sustainable difference and secure network. For WDC it can be about 250.000 WDCs per masternode ~ 1000 masternodes I think that with current inflation it would be prudent to distribute the POW award by 50%. There are 50% POW and 50% POS (or 8 coins will be mining through POW and 8 coins via POS) |
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I think that POS+POW cant help WDC now.Simply it is matter of will of Chinese "investors" that took over WDC,DOGE,QRK,even LTC and some other coins.They want complete control over coins and do not like any idea of competition with other big investors.They does not want stable coin and frankly they dont know how to do that.Theirs scheme is simple from the beginning of crypto world - dump coins to oblivion and pump into space. Of course,no serious investor like that and that is why these coins are so unstable and have price goes down constantly between pumps which happened once a year or more.
Yes, but if you look at the charts, you will see that the strong fluctuations in the price are mostly susceptible to coins on a POW basis. Coins that have a POS or POS & POW system are more stable in their capitalization and value. |
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Because if we start developing services and wallet for hyperledger (or any other) now then we will have 2 or 3 years competitive advantage against competition.
PoS + PoW and others currently available are not able to solve scale problem, this is not a matter of opinion, its math when btc and ethereum need to scale globally they will need to change, no way around it
WDC will not remain unchanged because services will be developed, those same services will work with another chain (thats how they are being developed)
Freicoin didn't work because the idea is naive, early stages of a crypto always imply accumulation, trying to go against that in code is dumb, trying to manipulate demand in code is dumb.
The problem is that you are thinking that we will just wait for people to buy when we switch and everything is in place; that's not the case because we will search for medium scale investors (actually I have already a couple committed),
But I repeat if someone wants to fill the gap with intermediate solution it would be excellent and we will surely coordinate, no forks necessary. I just won't commit time for that
Ok, let's not argue. I expressed my point of view as an investor. If someone agrees with me and wants to communicate, I opened the channel worldcoin-group.slack.com Anyone who wants can join the discussion. To do this, you need to send me via PM your Email and in return, you will receive a guest link. |
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Hello! I am back!
Work issues as always :S
We will change chain tech for sure, no way around it, the problem is that PoW + PoS is a temporary solution that we will need to change in the future again anyway
I am waiting for a strong backed technology that solves the problem (check hyperledger for example) that will probably emerge in the coming years, meanwhile we will develop the environment and tools so when this technology emerges (hyperledger? ) we will already have tools and services in place to become the best coin around. That's why I bothered to split the daemon from the wallet so we can adapt to any chain that wins the race.
I would not have any problem if some one helps making the switch to PoS + PoW as a temporary measure meanwhile (we will need a little coordination to integrate smoothly to the wallet, that's all), but certainly it's not an strategic development therefore I can't personally invest time on that.
Hi. I agree that there are many different interesting technologies (perhaps in the future there will be even more). But get me right, the big WDC owners are constantly losing a lot of money. And this process is on the increase. What's wrong with the fact that they will receive fair compensation in the form of POS ? Just look at the situation - http://coinmarketcap.com/ and you will understand that it's not just the wallet itself and its new opportunities. If we move another 20-50 points down, then we will get into such a pit from which it will be almost impossible to get out.. There is nothing wrong with earnings. But to be more clear, assume that hyperledger is the winner of the race. This will happen if we implement Pos + PoW (Amounts are just for making the point clear) 1] Current Market cap : 300 000 $us 2] 3 - 6 months invested implementing and supporting PoS + PoW. Market Cap: 3 000 000 $us 3] 3 - 6 months invested implementing and supporting Hyperledger. Market Cap: 30 000 000 $us If I go according to my plan, this is what will happen: 1] Current Market cap : 300 000 $us 3] 3 - 6 months invested implementing and supporting Hyperledger. Market Cap: 30 000 000 $us So, why exactly should I invest 3 - 6 months in PoW Pos knowing that we will change again in the future and the team won't sell any coins until then? As I said I don't have any problem that someone invest his time in point 2] but for me personally it doesn't make any sense because I do not care on short time earnings, I want the final solution PD: I expect hyperledger to make its big entrance in 2 or 3 years Why do you think that hyperledger will be possible only for WDC? A lot of other coins will also switch to this technology if it becomes popular. Against the backdrop of growing competition, people will choose those coins that firmly existed on the market. What do you think will be related to investment assets that fell hundreds of times? Look at Ethereum .. Their POW stage is on the verge of completion and they are preparing for the transition to POS. If the POS was an unreliable option for the future, they would not ruin a coin with a capitalization of one and a half billion dollars. I do not see any justice if after a year of continuing falling prices for WDC and lack of POS mode, what kind of speculator will be able to buy a several million WDC for a one bitcoin. And believe me, these people simply will not give the opportunity to return the former capitalization for WDC because buying coins for a pittance, they will manipulate the market as they please, scaring off investors and new users. If you want the WDC project to remain unchanged for a few more years, it means a severe sentence with oblivion ( With a series of forks that will soon begin to occur). Just recall that when the project was launched under the name Friecoin ( Money Gesell), this supposed the title of the most fair and truthful crypto project, in which to avoid the accumulation of coins in large wallets, they just burned with time. Now you can only find a reference to this project, since no one in their right mind would agree to invest in such a project and burning own money. I hope that you do not want to do something similar with WDC? |
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Hello! I am back!
Work issues as always :S
We will change chain tech for sure, no way around it, the problem is that PoW + PoS is a temporary solution that we will need to change in the future again anyway
I am waiting for a strong backed technology that solves the problem (check hyperledger for example) that will probably emerge in the coming years, meanwhile we will develop the environment and tools so when this technology emerges (hyperledger? ) we will already have tools and services in place to become the best coin around. That's why I bothered to split the daemon from the wallet so we can adapt to any chain that wins the race.
I would not have any problem if some one helps making the switch to PoS + PoW as a temporary measure meanwhile (we will need a little coordination to integrate smoothly to the wallet, that's all), but certainly it's not an strategic development therefore I can't personally invest time on that.
Hi. I agree that there are many different interesting technologies (perhaps in the future there will be even more). But get me right, the big WDC owners are constantly losing a lot of money. And this process is on the increase. What's wrong with the fact that they will receive fair compensation in the form of POS ? Just look at the situation - http://coinmarketcap.com/ and you will understand that it's not just the wallet itself and its new opportunities. If we move another 20-50 points down, then we will get into such a pit from which it will be almost impossible to get out.. |
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I like the idea of a POS system as well except that relies upon the community to stake with has proven sucessful with only a handful of POS coins. Most communities say they will stake but in the end they do not.
Merge mining seems to be the way to go. Choose an algo that currently has a popular coin on it and merge mine it. It's a win win.
Still think WDC has one of the best names for mass adoption.
There are successful coin with 100% POS - eg FCT and XEM. But for growth of their price for it helps a zero inflation. In the case of WDC, this POS system can help not so much. Much better be used a hybrid system POS & POW. Miners bought the equipment will also be able to continue to mining WDC, but 50% of the produced coins will be generated on the POS. Basically it will allow for large owners a offset the loss if the prices fall, as they will have a POS income (This is simply give more for stability of course WDC). But most importantly, it will allow to stabilize the network and protect it from big jumps in difficulty and potential fork. In general, I propose to gather all the major owners in the chat (eg slack channel), and discuss the future for WDC. I do not suggest to act independently of Berzeck. Just wish that the major owners could get together and vote for the further development of the WDC project. P.s I reserved for this case the channel so that anyone can join the discussion. |
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We need more exchanges !!!
Maybe next yobit.net ?
If we have 5-10 exchanges
300k-500k dmd tradet on it
volatility grow up
The problem is not in the number of exchanges, but that is now DMD is in standby mode, and the transition on the new system 3.0. I think that a reasonable solution would be to wait until the end of development new code and only then think about expanding marketplaces. like to hear more about new DMD 3.0 - will there be a swap, whether to change scrypt hashing, will pos on the same level and for what update purpose it is done? Thank you Everything has its time. I can only say that groestl algorithm will be changed. Other details will tell you Cryptonit when the time comes. He is in contact with the coder and controls the process. |
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We need more exchanges !!!
Maybe next yobit.net ?
If we have 5-10 exchanges
300k-500k dmd tradet on it
volatility grow up
The problem is not in the number of exchanges, but that is now DMD is in standby mode, and the transition on the new system 3.0. I think that a reasonable solution would be to wait until the end of development new code and only then think about expanding marketplaces. |
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There is something wrong with the network. Although the hashrate is way too low, the diff is high.
I remember hashrate was around 5000mh/s and diff was 45 now hashrate is 100mh/s and diff still 45
Yes, If you look at the statistics today, you will see the following  The problem is that the low price of the WDC and absence the protective system (except nodes config) for scrypt POW network pose the threat of a fork. I just want to say that it's time to think about the changes related not only for wallet WDC but also and changes for network. There are live examples of successful systems that are popular and quite stable, for example Dash (x11 algo). But I still think that the best solution for network protect be a hybrid system with POW + POS with the ability to make anonymous transactions. We can of course continue to pretend that the network problems are temporary, but I am sure that if nothing is done, the situation will only worsen.. |
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Interestingly, people still believe that with network WDC is all right and people can not worry about naked scrypt POW network?  |
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We will release some Public contact Informations soon. If someone needs Contact Information, then he have to E-Mail us.
Nice to see any new emerging projects. I hope that your work exchanger on crypto market will be long and reliable. |
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I think that Equihash algorithm is still quite new to the fact that it was possible to say with certainty that it is the test of time.. For example SHA-3, by contrast, already the test of time and will be actively used in the banking sector in the near future. In addition, after the lapse of the time always it can appear even something new. But the main principle is the safety of Diamond, so we should only use time-tested solutions. |
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I run Diamond version v2.1.0.3 which got stuck some time ago, so I deleted the blockchain and wanted to re-download, but now I got stuck even further in time at 136499 block. Any idea please?  Thx download wallet 2.1.0.4 sync issues with 2.1.0.3 are the reason 2.1.0.4 is mandatory update u can speed up sync time by use a presynced chain the links u find on page 1 here or our website http://bit.diamondsthis FAQ can be very helpful too but some download links are outdated https://bitcointalk.org/index.php?topic=1478653.0it seems chilo have no time to maintain it maybe someone else from Community could take over maintain the community FAQ thread? I think that the best solution would be to make this description to https://bit.diamonds/community/ forum and then team members will be able to maintain and update all relevant information.. And in the section https://bitcointalk.org/index.php?topic=1478653.0 what opened Chilo can simply post a link to further updates. |
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someone can do bot for DMD for Telegram analogue @BitcoinXbot for Bitcoins?  I think this is a very convenient way to check the balance Telegram consumes very few resources and traffic no need to open a browser and visit the site convenient to view the price in USD ... What do you think? Never interested messengers that require input a telephone number when registering.. much more convenient to use completely anonymous and secure messengers without intermediaries in the form of a server. Eg qtox. https://tox.chat/download.html that about a informer informing the price of DMD at the moment, you can just use this tab in the browser https://chainz.cryptoid.info/dmd/ but if you prefer it Telegram, you can try to find a freelancer and do it in order according to your wishes.. Although in fact the ideal solution would be to integrate the API with access to channel Informer right in the wallet. but then it would require intermediate server that receives information from various resources (at this point is relevant only the price that is displayed on bittrex). Perhaps that version 3.0 to be such an option, but I can`t talk about it now for sure. |
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it's just a discussion. not a criticism and not negative.
just my opinion
but as I wrote it only a "crutch"
it's not really a portable version. it is simply an option that allows wallet work from another location.
This is not user friendly
housewife who believed that DMD is a coin that is worth to have a happy future for their children will understand all these nuances?
she can only copy the folder to a USB flash drive for security and run the wallet. for the rest it will need help.
while there are here such and similar crutches coin will not become publicly available.
This procedure is run through a shortcut wallet this standard for the majority of crypto currencies. Even wallets core Bitcoin and Ltc can also be run through a shortcut. The only purses that run directly without this label version it's electrum. At the moment I do not think the problem of low cost the DMD is connected with the launch of the wallet via the shortcut. Housewives market is still very far from the world cryptocurrency. It will be a long time before the spread of crypto currency will become as commonplace as the payment for goods by credit card. Bitcoin Core has a portable version https://bitcoin.org/ru/downloadhttps://bitcoin.org/bin/bitcoin-core-0.13.2/bitcoin-0.13.2-win64.ziphttps://bitcoin.org/bin/bitcoin-core-0.13.2/bitcoin-0.13.2-win32.zipwhy can not do exactly the same for DMD? the last time I used Bitcoin Core year ago and there was a run through a shortcut. The current size of the blocks in the Bitcoin Core is too large, it would be this heavy wallet someone used. Most users prefer a light version of electrum. But once again, for those who know there is no difference between wallet running through the shortcut or use the direct launch exe file. In the DMD wallet we have these two regimes, and they work fine. In any case, after the transition to the new code 3.0, we will see other options and functionality. |
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it's just a discussion. not a criticism and not negative.
just my opinion
but as I wrote it only a "crutch"
it's not really a portable version. it is simply an option that allows wallet work from another location.
This is not user friendly
housewife who believed that DMD is a coin that is worth to have a happy future for their children will understand all these nuances?
she can only copy the folder to a USB flash drive for security and run the wallet. for the rest it will need help.
while there are here such and similar crutches coin will not become publicly available.
This procedure is run through a shortcut wallet this standard for the majority of crypto currencies. Even wallets core Bitcoin and Ltc can also be run through a shortcut. The only purses that run directly without this label version it's electrum. At the moment I do not think the problem of low cost the DMD is connected with the launch of the wallet via the shortcut. Housewives market is still very far from the world cryptocurrency. It will be a long time before the spread of crypto currency will become as commonplace as the payment for goods by credit card. |
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In the description of this coin so much PR, but there is no information on the exact number of coins in the system.
How many coins will be in PascalCoin system?
Or is it another unlimited coin for earnings developer and miners..
From the OP:  Ok, at the same time, I see that now already mined 5.6 million coins.  And the price of 10 cents. Well Well, good luck to those who are willing to give their Bitcoins for inflated bubble right now  |
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In the description of this coin so much PR, but there is no information on the exact number of coins in the system.
How many coins will be in PascalCoin system?
Or is it another unlimited coin for earnings developer and miners..
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