This is the post I was referring to about the CRISP payouts. We are currently on block 90,625, which means the cutoff has been reached but the payout block hasn't yet. So hang in there, everyone! Hi Amadeus, block 86400 will be the cutoff and block 96480 will be payout. We are currently at block, 79081, so getting close, but the estimate is less than 2 weeks. The CRISP payments will show up in your DNotesVault account immediately after the payout is complete. The payout, as of now, should complete within 1 block, but in the future it could take multiple blocks to complete. Will update the estimates in the FAQ's.
Thanks wiser. This is very helpful. Do you perhaps have a link where we can check the blocks in real time? Also, when payout is reached will the blocks reset to zero or will they continue? Appreciate the feedback Appreciate the responses wiser! You can check the current block here at any time: https://chainz.cryptoid.info/note/Every 43,200 blocks is the cutoff for CRISP reward, then 10,080+ blocks later is the payout. The first one didn't count. The second cutoff is 86,400 (43,200 x 2), and the payout will be 96,480 ((43,200 x 2) + 10,080), which will happen in about 4 days.
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Thank you Amadeus82. That is a fantastic article. The DNotes difference - well explained. Amazing Amadeus82! It is very clear that you are well versed in DNotes plans and what makes DNotes different. Thank you!
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Is the decision by cryptopia a final one, as it seems they have so far backtracked on 5 of the supposed clear out delisting from a week or so back. Also 2( Hold is one) have been given on option to change something and be relisted. Cryptopia has it's faults but is far better than NLexch and Cryptaldash which is not even live yet
As far as we know, it is. I would agree Cryptopia is pretty good exchange. However, we have moved our attention to getting listed on other exchanges such as mercatox, stocks, and coinexchange. All of which, based on my experience and research, look like great exchanges and comparable. These exchanges have all been professional, fair, and responsive. Once we get re-established, we can make another attempt to tackle the largest exchanges.
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It will be great to have DNotes listed on more exchanges, so I'm really looking forward to it Considering that DNotes will be listed on CryptalDash in a few days, I'm sure that soon more will follow Do you maybe have information if CryptalDash will be recognized by the Coinmarketcap.com? It is still little awkward that the Coinmarketcap is showing DNotes coin as inactive It won't be long now before we are re-established on a few exchanges. That should put us back on CMC.
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Can you please clarify your key pros/targets in theses, so everyone can easily understand what is DNote, how and when it can be used? Actually it was hard part for me to understand your company targets and main goals, because it's kinda spread at many paths.
Hi Melody Jelly, Let me first direct your attention to this post: "Wondering what DNotes is all about? Here’s the basics" https://bitcointalk.org/index.php?topic=1924858.msg39184210#msg39184210Assuming you've read through that, I will attempt to elaborate a little on the case for DNotes. Our vision is that DNotes can become a globally accepted supplemental digital currency used in global commerce. Realizing that mass adoption would not happen by accident and the amazing technology advancements we are seeing in our industry by themselves would not necessarily further that goal, we envisioned that it would require a systematic and intentional approach to reaching mass adoption. What that systematic and intentional approach means is that we are looking at every aspect of achieving mass adoption and the future of digital currency over the short term and the long term. What do users want from their digital money? How do we educate the people, the lawmakers, and regulators? What infrastructure does it require? How do we get merchants and business involved and excited? How do we drive positive influence for the industry? What services are needed by the users? How do we sustainably drive that infrastructure? And many other questions which need to be asked that led us to the conclusions that we needed an entire ecosystem and DNotes Global to drive that ecosystem. That may help to bring light to the complexity of our model and clarify where we are coming from. When is a difficult question to answer as we will continue to grow rather than a set target and stop, effectively growth potential is nearly unending.
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Wondering what DNotes is all about? Here’s the basics: What is DNotes?• DNotes is a digital currency with a purpose: to serve as a real currency that people can use in their daily lives - unlike other digital currencies that focus on solving niche problems, with no plan to become a real, usable currency. • The DNotes goal is simple: achieve mass adoption and become the world’s first accessible, inclusive, and financially empowering digital currency that benefits everyone around the globe. What are DNotes’ Benefits as a Currency?• DNotes is managed as a business – but not controlled as one. • DNotes success is driven by a profit-generating company, DNotes Global, created to promote mass adoption, protect the currency, and ensure sustainable growth. • DNotes’ unique CRISP savings program rewards DNotes owners with 0.5% interest, every month • DNotes offers staking rewards for stakeholders – at 2% a year. • DNotes provides blockchain invoicing features to simplify merchant acceptance and adoption of the digital currency. What Benefits Does DNotes Global Provide?DNotes Global protects DNotes and its stakeholders, promotes mass adoption, and creates value and utility for the digital currency, including a fully integrated ecosystem. The company provides a unique cross-ownership model, with DNotes owning 25% of DNotes Global (pre-dilution), while the for-profit business maintains a stake in the digital currency. DNotes Global generates profit, creating intrinsic value for the DNotes currency to help create a “floor” for the digital currency’s value. DNotes Global has plans to build a long-term competitive advantage by offering services that utilize DNotes. That strategy will also help to facilitate awareness and adoption of the DNotes currency. Long term competitive advantage DNotes Global will provide in offering services that utilize DNotes. What’s Next? Fully compliant Reg D 506 (c) crowdfunding followed by a Reg A+ Mini-IPO. DNotes Payment Solution Integration into Existing eCommerce Platforms Cold Staking Implementation & More Where can I learn more? Pitch Deck - https://dnotesglobal.com/PitchDeck.pptxPitch Deck Video - https://www.youtube.com/watch?v=XculeWKdbbEWhite Paper - https://dnotesglobal.com/white-paper/Website - http://dnotescoin.com/Blog - http://dnotescoin.com/blog-main-hub/
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DNotes 2.0 Frequently Asked Questions: Q: What is new with DNotes 2.0?A: DNotes 2.0 is a major improvement on the original DNotes blockchain. The new blockchain will allow DNotes and its partner company DNotes Global to achieve its objective to connect DNotes to the modern world of finance and commerce. The new blockchain is faster, more secure, and consumes only a fraction of the electricity. It also allows custom invoices to be created and attached to transactions, and changes the economic incentives of the network to one that encourages savings with the switch to the Proof-Of-Stake algorithm, and paying 0.5% interest on balances that haven’t moved from a wallet address in a 30 day period (~6% per annum). Specifications POS 2% Annualized Staking Reward Individual blocks reward will be Current Total Coins / 525,600 * 0.02 60 Second Block Target 0.005 Transaction Fee Source: https://github.com/DNotesCoin/DNotes2.0Download Wallet: http://dnotescoin.com/#DownloadDirectory DNotes2 (C:\Users\USERNAME\AppData\Roaming\DNotes2 on Windows) CONF dnotes.conf (all lower case) DNotes 2.0 Features Switch to PoS CRISP Reward - 0.5% interest every 30 days. Awarded by address. Calculated on a 30 day cycle. Automated Invoicing (First Phase) - Integrated blockchain invoice number There will be a soft deadline where DNotes mined after that block will not be redeemable for 2.0 coins: 4/16/2018 Block# 2180897 133,574,552 Will be the total swappable amount of DNotes we create +20,000,000 Allocated to DNotes Global, Inc for Development & Growth Fund 153,574,552 Total DNotes 2.0 Created The next update (TBD) will include: Deferred Staking Q: How do I swap my coins? (after April 16th)A: Please fill out the following form: https://goo.gl/forms/LdCjgAP7gaio1lVk2We will be performing post April 16th swap investigations beginning May 16th. Please do not send your DNotes anywhere after April 16th unless it is your own desktop wallet. Please note DNotes v1.x mined or purchased after April 16, 2018 will not be eligible for the swap. Q: I have a paper wallet. How do I turn them into the new coins?A: You will need to download the DNotes v1.2 software (email us at contact@dnotescoin.com), and then use the importprivkey command in the debug console. https://bitcoin.stackexchange.com/questions/5941/how-do-i-import-a-private-key-into-bitcoin-coreOnce your wallet is updated, you will be able to send out your DNotes. Q: What is the cutoff date for mined DNotes that can be swapped to the new DNotes blockchain?A: We have set April 16th as the soft deadline. No DNotes mined after this date will be eligible to be swapped to DNotes running on the new blockchain. We will continue swap DNotes after that date, however the process will not be as easy and will take more time. Any DNotes 1.x purchased on exchanges after the 16th will not be eligible for the swap. Q: Will DNotes 2.0 be listed on new exchanges?We are currently listed on: https://www.nlexch.com/markets/notebtchttps://bitebtc.com/trade/note_btcWe are actively working with and in active communication: https://www.coinexchange.iohttps://mercatox.comThese two exchanges are established and currently trading. We are hoping to reach an agreement soon so that DNotes can be listed shortly. Beta or Future Exchanges we are working with: https://www.cryptaldash.com/https://www.listex.io/ https://blockbid.io/https://shardax.com/Q: Are the new DNotes 2.0 coins worth the same as the old coins?A: Yes, they are worth exactly the same. However we can not predict what price movements will occur at exchanges once DNotes is relisted using the new coins. Q: I have Mac or Specific Linux OS, will there be wallets for these? A: Yes! We currently have Windows / Mac / Linux Mint / Ubuntu Desktop wallets at DNotesCoin.com. If you need something else, please let us know. Q: Where is the block explorer? A: https://chainz.cryptoid.info/note/Q: I am trying to swap my coins from Cryptopia and I am getting Invalid AddressA: That address which begins with an "S" is your new DNotes 2.0 address and your coins on Cryptopia currently are DNotes 1.x. If you like to participate in the coin swap, you can click on the "HISTORIC" tab in your DNotesVault account, create an address, and deposit to that address which begins with a "D". We will take care of the rest, and swap your DNotes for you within a few days. If you have any other queries, please email contact@dnotescoin.com StakingQ: What is Staking?A: Staking your coins helps to support the DNotes network, and the network currently pays out roughly 5 DNotes every minute to one address on the network based on a probability that centers on how many coins the user is staking with as a percentage of the total number of coins being staked on the network. The DNotes network pays out ~2% of the total number of coins per annum. If 100% of DNotes were being used to stake on the network, then by probability each user could expect 2% growth in the number of coins they have. If only 50% of coins are used to stake, then those users could expect approximately 4% growth that year. Q: Can I stake my coins on the DNotesVault?A: You cannot currently stake your coins that are on the DNotesVault, you will need to withdraw your DNotes 2.0 to a local wallet and stake your coins from your local wallet. We will in a future release incorporate cold staking, which will allow you stake your coins while they are safely tucked away inside the DNotesVault. However, we do not have an ETA, it will be one of our highest priorities for next upgrades. Q: How do I stake?Disclaimer: It is recommended that you properly secure your computer and wallet, as well as make proper backups, before attempting to run your own staking wallet. Failure to properly secure your DNotes may result in loss or theft. If you are not familiar with the process, please start off small and familiarize yourself with the process. You will need to download the DNotes QT wallet here: https://github.com/DNotesCoin/DNotes2.0/releases/tag/v2.0.0.0Install the wallet (and we recommend creating a backup) Go to settings, and then ‘encrypt wallet’. Enter your password twice (and do NOT forget it, or you will not be able to access the wallet and we can not help you). Go to settings, and then ‘unlock wallet’, enter your password, and select “for staking only”. This will prevent any transfers from being made from your wallet without the password while you stake your coins. Soon the arrow at the bottom will turn green. This means that your coins are now staking. You can watch a video of these steps here from our alpha release here: https://www.youtube.com/watch?v=2w9r2LoXM6cQ: How do I get the most out of my staking efforts? A: There is no trick to staking efficiently. The factors involved are your coin weight versus the network coin weight and coin weight is the number of coins currently staking. The age does not matter, nor does how you divide or move your coins around. Q: How much can I earn staking? A: That depends on how many coins you are staking and how many coins are being staked on the network. The blockchain distributes Current Total Coins / 525,600 * 0.02 every block, or every 60 seconds. You may calculate how often you are chosen to receive the block reward by dividing your network weight verse your weight. If network weight is 100, and your weight is 5, then you would be chosen for block reward 5 blocks out of every 100. CRISPQ: Can I get CRISP reward AND stake at the same time? A: Yes, the system is designed to allow you to receive CRISP on a wallet you are staking Q: What is the CRISP reward structure? A: CRISP periods are every 43,200 blocks (30 days). Payments start 10,080 blocks (1 week) from the end of the CRISP period. Q: What do I need to do to earn CRISP? A: Keep your coins in the same address for the full CRISP period 30 days, set every 43,200 blocks. Q: When will I receive CRISP payments? A: The next payouts are as follows: May 1 - Ends first CRISP period. May 8 - Payout starts. (Virtually no one will receive this payout) June 2 - Ends second CRISP period June 10 - Payout starts Roughly. Q: Do I get CRISP payments at the DNotesVault? A: Yes! You get CRISP inside the DNotesVault, or at any address you control, such as a Desktop wallet. Though I won't suspect you will be able to get CRISP rewards from the exchanges or other online providers. Q: Where do the CRISP coins come from? A: The blockchain, these are newly created coins and have now become part of the new coin distribution, just like the staking reward. Q: How do I earn the interest reward?A: Our Cryptocurrency Investment Savings Plan (CRISP) payouts occur approximately once per month. All coins that haven’t moved address during that month period will accrue a 0.5% interest, which compounds to roughly 6.17% per annum. If you move your coins during that time, those coins will not receive the interest for that month.
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All, we are working on a lite wallet using Electrum for Windows / Mac / Android, most likely we will need a different option for IOS/Apple mobile. However, if you are interested in testing the windows wallet, it would be greatly appreciated. You can download the wallet for testing here: http://dnotescoin.com/electrum-dnotes-win.zipHere is the form for submitting your testing efforts: https://goo.gl/forms/pviWRQbJBkBgWGe23Note: There is a great deal of functionality and flexibility with this wallet, so the form is in 3 parts and the questions are fairly high level. You can also submit the form and go back and edit it if you like. The goal is to test all of the functionality of the wallet, or as much as you can and report back any issues. The wallet is also customized to work with invoice numbers. Which are main advantages of Electrum wallet for Dnotes community? Faster, more convenient, requires less HDD capacity, etc? Hi btcsmlcmnr159, Overall it is a flexible and feature rich wallet. Great for quick access to funds and compliment to a DNotesVault or Cold Storage wallet to store the majority of your DNotes. Here are a few of the key advantages: -Android version of the wallet -Lite version of the wallet for easy and quick access to funds -Mnemonic phrase wallet seed backup and recovery -Easy to manage multiple wallets Another key advantage that is more specific to DNotes is that it is the first step in deploying invoice integration. As we begin to create integration scripts for developers to accept DNotes for software, online merchants, and digital products, having a lite and less burdensome wallet for small transactions will be essential.
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All, we are working on a lite wallet using Electrum for Windows / Mac / Android, most likely we will need a different option for IOS/Apple mobile. However, if you are interested in testing the windows wallet, it would be greatly appreciated. You can download the wallet for testing here: http://dnotescoin.com/electrum-dnotes-win.zipHere is the form for submitting your testing efforts: https://goo.gl/forms/pviWRQbJBkBgWGe23Note: There is a great deal of functionality and flexibility with this wallet, so the form is in 3 parts and the questions are fairly high level. You can also submit the form and go back and edit it if you like. The goal is to test all of the functionality of the wallet, or as much as you can and report back any issues. The wallet is also customized to work with invoice numbers.
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We have been getting a few questions regarding staking and security, sharing this here for anyone who might be staking or interested in staking.
The safety of staking on your local computer depends on the security of the machine you are staking on. There is always some level of risk involved. That risk could come in the form of malware and viruses targeting your computer or wallets, keyloggers to record your encryption passwords, and even complete loss of wallet files and backups.
In the near future we intend to mitigate that risk by upgrading the DNotes blockchain for deferred staking. That would allow you to have your DNotes in cold storage or on the DNotesVault and defer your staking rights to another wallet which would not have any spendable coins on it.
Ultimately, if you are not comfortable that you can create a secure environment for staking, we recommend only staking what you can comfortably afford to lose.
Also, please be sure you are using the latest version of the DNotes wallet. To verify your version click Help, About DNotes, and the version should be v2.0.2.1....
Im adding a question sorry, does that mean we are not staking in the vault? I think we are still suppose to earn interest in the vault.. right? I see the vault is not mentioned No problem, questions are always welcome. Yes, you do still earn CRISP interest, inside of DNotesVault or on your own private wallet, at a rate of 0.5% every 30 days.
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We have been getting a few questions regarding staking and security, sharing this here for anyone who might be staking or interested in staking.
The safety of staking on your local computer depends on the security of the machine you are staking on. There is always some level of risk involved. That risk could come in the form of malware and viruses targeting your computer or wallets, keyloggers to record your encryption passwords, and even complete loss of wallet files and backups.
In the near future we intend to mitigate that risk by upgrading the DNotes blockchain for deferred staking. That would allow you to have your DNotes in cold storage or on the DNotesVault and defer your staking rights to another wallet which would not have any spendable coins on it.
Ultimately, if you are not comfortable that you can create a secure environment for staking, we recommend only staking what you can comfortably afford to lose.
Also, please be sure you are using the latest version of the DNotes wallet. To verify your version click Help, About DNotes, and the version should be v2.0.2.1....
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Wondering what DNotes is all about? Here’s the basics: What is DNotes?• DNotes is a digital currency with a purpose: to serve as a real currency that people can use in their daily lives - unlike other digital currencies that focus on solving niche problems, with no plan to become a real, usable currency. • The DNotes goal is simple: achieve mass adoption and become the world’s first accessible, inclusive, and financially empowering digital currency that benefits everyone around the globe. What are DNotes’ Benefits as a Currency?• DNotes is managed as a business – but not controlled as one. • DNotes success is driven by a profit-generating company, DNotes Global, created to promote mass adoption, protect the currency, and ensure sustainable growth. • DNotes’ unique CRISP savings program rewards DNotes owners with 0.5% interest, every month • DNotes offers staking rewards for stakeholders – at 2% a year. • DNotes provides blockchain invoicing features to simplify merchant acceptance and adoption of the digital currency. What Benefits Does DNotes Global Provide?DNotes Global protects DNotes and its stakeholders, promotes mass adoption, and creates value and utility for the digital currency, including a fully integrated ecosystem. The company provides a unique cross-ownership model, with DNotes owning 25% of DNotes Global (pre-dilution), while the for-profit business maintains a stake in the digital currency. DNotes Global generates profit, creating intrinsic value for the DNotes currency to help create a “floor” for the digital currency’s value. DNotes Global has plans to build a long-term competitive advantage by offering services that utilize DNotes. That strategy will also help to facilitate awareness and adoption of the DNotes currency. Long term competitive advantage DNotes Global will provide in offering services that utilize DNotes. What’s Next? Fully compliant Reg D 506 (c) crowdfunding followed by a Reg A+ Mini-IPO. DNotes Payment Solution Integration into Existing eCommerce Platforms Cold Staking Implementation & More Where can I learn more? Pitch Deck - https://dnotesglobal.com/PitchDeck.pptxPitch Deck Video - https://www.youtube.com/watch?v=XculeWKdbbEWhite Paper - https://dnotesglobal.com/white-paper/Website - http://dnotescoin.com/Blog - http://dnotescoin.com/blog-main-hub/
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DNotes 2.0 Frequently Asked Questions: Q: What is new with DNotes 2.0?A: DNotes 2.0 is a major improvement on the original DNotes blockchain. The new blockchain will allow DNotes and its partner company DNotes Global to achieve its objective to connect DNotes to the modern world of finance and commerce. The new blockchain is faster, more secure, and consumes only a fraction of the electricity. It also allows custom invoices to be created and attached to transactions, and changes the economic incentives of the network to one that encourages savings with the switch to the Proof-Of-Stake algorithm, and paying 0.5% interest on balances that haven’t moved from a wallet address in a 30 day period (~6% per annum). Specifications POS 2% Annualized Staking Reward Individual blocks reward will be Current Total Coins / 525,600 * 0.02 60 Second Block Target 0.005 Transaction Fee Source: https://github.com/DNotesCoin/DNotes2.0Download Wallet: http://dnotescoin.com/#DownloadDirectory DNotes2 (C:\Users\USERNAME\AppData\Roaming\DNotes2 on Windows) CONF dnotes.conf (all lower case) DNotes 2.0 Features Switch to PoS CRISP Reward - 0.5% interest every 30 days. Awarded by address. Calculated on a 30 day cycle. Automated Invoicing (First Phase) - Integrated blockchain invoice number There will be a soft deadline where DNotes mined after that block will not be redeemable for 2.0 coins: 4/16/2018 Block# 2180897 133,574,552 Will be the total swappable amount of DNotes we create +20,000,000 Allocated to DNotes Global, Inc for Development & Growth Fund 153,574,552 Total DNotes 2.0 Created The next update (TBD) will include: Deferred Staking Q: How do I swap my coins? (after April 16th)A: Please fill out the following form: https://goo.gl/forms/LdCjgAP7gaio1lVk2We will be performing post April 16th swap investigations beginning May 16th. Please do not send your DNotes anywhere after April 16th unless it is your own desktop wallet. Please note DNotes v1.x mined or purchased after April 16, 2018 will not be eligible for the swap. Q: I have a paper wallet. How do I turn them into the new coins?A: You will need to download the DNotes v1.2 software (email us at contact@dnotescoin.com), and then use the importprivkey command in the debug console. https://bitcoin.stackexchange.com/questions/5941/how-do-i-import-a-private-key-into-bitcoin-coreOnce your wallet is updated, you will be able to send out your DNotes. Q: What is the cutoff date for mined DNotes that can be swapped to the new DNotes blockchain?A: We have set April 16th as the soft deadline. No DNotes mined after this date will be eligible to be swapped to DNotes running on the new blockchain. We will continue swap DNotes after that date, however the process will not be as easy and will take more time. Any DNotes 1.x purchased on exchanges after the 16th will not be eligible for the swap. Q: Will DNotes 2.0 be listed on new exchanges?We are currently listed on: https://www.nlexch.com/markets/notebtchttps://bitebtc.com/trade/note_btcWe are actively working with and in active communication: https://www.coinexchange.iohttps://mercatox.comThese two exchanges are established and currently trading. We are hoping to reach an agreement soon so that DNotes can be listed shortly. Beta or Future Exchanges we are working with: https://www.cryptaldash.com/https://www.listex.io/ https://blockbid.io/https://shardax.com/Q: Are the new DNotes 2.0 coins worth the same as the old coins?A: Yes, they are worth exactly the same. However we can not predict what price movements will occur at exchanges once DNotes is relisted using the new coins. Q: I have Mac or Specific Linux OS, will there be wallets for these? A: Yes! We currently have Windows / Mac / Linux Mint / Ubuntu Desktop wallets at DNotesCoin.com. If you need something else, please let us know. Q: Where is the block explorer? A: https://chainz.cryptoid.info/note/Q: I am trying to swap my coins from Cryptopia and I am getting Invalid AddressA: That address which begins with an "S" is your new DNotes 2.0 address and your coins on Cryptopia currently are DNotes 1.x. If you like to participate in the coin swap, you can click on the "HISTORIC" tab in your DNotesVault account, create an address, and deposit to that address which begins with a "D". We will take care of the rest, and swap your DNotes for you within a few days. If you have any other queries, please email contact@dnotescoin.com StakingQ: What is Staking?A: Staking your coins helps to support the DNotes network, and the network currently pays out roughly 5 DNotes every minute to one address on the network based on a probability that centers on how many coins the user is staking with as a percentage of the total number of coins being staked on the network. The DNotes network pays out ~2% of the total number of coins per annum. If 100% of DNotes were being used to stake on the network, then by probability each user could expect 2% growth in the number of coins they have. If only 50% of coins are used to stake, then those users could expect approximately 4% growth that year. Q: Can I stake my coins on the DNotesVault?A: You cannot currently stake your coins that are on the DNotesVault, you will need to withdraw your DNotes 2.0 to a local wallet and stake your coins from your local wallet. We will in a future release incorporate cold staking, which will allow you stake your coins while they are safely tucked away inside the DNotesVault. However, we do not have an ETA, it will be one of our highest priorities for next upgrades. Q: How do I stake?Disclaimer: It is recommended that you properly secure your computer and wallet, as well as make proper backups, before attempting to run your own staking wallet. Failure to properly secure your DNotes may result in loss or theft. If you are not familiar with the process, please start off small and familiarize yourself with the process. You will need to download the DNotes QT wallet here: https://github.com/DNotesCoin/DNotes2.0/releases/tag/v2.0.0.0Install the wallet (and we recommend creating a backup) Go to settings, and then ‘encrypt wallet’. Enter your password twice (and do NOT forget it, or you will not be able to access the wallet and we can not help you). Go to settings, and then ‘unlock wallet’, enter your password, and select “for staking only”. This will prevent any transfers from being made from your wallet without the password while you stake your coins. Soon the arrow at the bottom will turn green. This means that your coins are now staking. You can watch a video of these steps here from our alpha release here: https://www.youtube.com/watch?v=2w9r2LoXM6cQ: How do I get the most out of my staking efforts? A: There is no trick to staking efficiently. The factors involved are your coin weight versus the network coin weight and coin weight is the number of coins currently staking. The age does not matter, nor does how you divide or move your coins around. Q: How much can I earn staking? A: That depends on how many coins you are staking and how many coins are being staked on the network. The blockchain distributes Current Total Coins / 525,600 * 0.02 every block, or every 60 seconds. You may calculate how often you are chosen to receive the block reward by dividing your network weight verse your weight. If network weight is 100, and your weight is 5, then you would be chosen for block reward 5 blocks out of every 100. CRISPQ: Can I get CRISP reward AND stake at the same time? A: Yes, the system is designed to allow you to receive CRISP on a wallet you are staking Q: What is the CRISP reward structure? A: CRISP periods are every 43,200 blocks (30 days). Payments start 10,080 blocks (1 week) from the end of the CRISP period. Q: What do I need to do to earn CRISP? A: Keep your coins in the same address for the full CRISP period 30 days, set every 43,200 blocks. Q: When will I receive CRISP payments? A: The next payouts are as follows: May 1 - Ends first CRISP period. May 8 - Payout starts. (Virtually no one will receive this payout) June 2 - Ends second CRISP period June 10 - Payout starts Roughly. Q: Do I get CRISP payments at the DNotesVault? A: Yes! You get CRISP inside the DNotesVault, or at any address you control, such as a Desktop wallet. Though I won't suspect you will be able to get CRISP rewards from the exchanges or other online providers. Q: Where do the CRISP coins come from? A: The blockchain, these are newly created coins and have now become part of the new coin distribution, just like the staking reward. Q: How do I earn the interest reward?A: Our Cryptocurrency Investment Savings Plan (CRISP) payouts occur approximately once per month. All coins that haven’t moved address during that month period will accrue a 0.5% interest, which compounds to roughly 6.17% per annum. If you move your coins during that time, those coins will not receive the interest for that month.
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Dear DNotes team, do you maybe have any update on status of Reg D 506 (c) crowdfunding? How far are you with preparation and did the funding already begin or do you have any estimated date when will it begin?
I think this will be very important step for DNotes...
Thank you for asking, Amadeus82. We are at the final stages of legal documentation and preparation of our Reg. D 506 (c) PPM (Private Placement Memorandum). Ziliak Law, LLC in Chicago, IL completed the final draft copy yesterday and it has just been transferred to Reg D Resources in Denver, CO. It is now in the process of being converted to a presentation grade PPM. Meanwhile, a compliance web portal is being developed to accommodate this specific project. Conservatively, we should be ready to file with the SEC towards the end of June. We are spending more time and money on this project than normal. This is because we want to have a good start in transition to our main funding round using Reg. A+ Mini-IPO to raise up to $50 million from accredited and non-accredited investors worldwide. It will be heavily promoted. That is the time we want to put DNotes Global on the world map, so to speak. Please understand that our first round, Reg. D 506 (c) is an exempt offering only available to verified accredited investors. There is an approval process incorporated into our web portal to limit access to only accredited investors. Dear Dyna, thank you for your explanation. I'm really positive that this coin has a great future ahead of it, especially considering the dedicated team behind it. There is NO way they worked on this for 4 years for it to be a 10 cent coin. When this thing catches momentum it is gonna blow up. I think we are being held back on purpose by others because others see the writing on the wall that DNotes is the Future of Money!!!
Appreciate the optimism Amadeus82 and The Chezzz! As we continue to build and grow the ecosystem and infrastructure, as well as DNotes Global, DNotes will continue to grow as well.
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Wondering what DNotes is all about? Here’s the basics: What is DNotes?• DNotes is a digital currency with a purpose: to serve as a real currency that people can use in their daily lives - unlike other digital currencies that focus on solving niche problems, with no plan to become a real, usable currency. • The DNotes goal is simple: achieve mass adoption and become the world’s first accessible, inclusive, and financially empowering digital currency that benefits everyone around the globe. What are DNotes’ Benefits as a Currency?• DNotes is managed as a business – but not controlled as one. • DNotes success is driven by a profit-generating company, DNotes Global, created to promote mass adoption, protect the currency, and ensure sustainable growth. • DNotes’ unique CRISP savings program rewards DNotes owners with 0.5% interest, every month • DNotes offers staking rewards for stakeholders – at 2% a year. • DNotes provides blockchain invoicing features to simplify merchant acceptance and adoption of the digital currency. What Benefits Does DNotes Global Provide?DNotes Global protects DNotes and its stakeholders, promotes mass adoption, and creates value and utility for the digital currency, including a fully integrated ecosystem. The company provides a unique cross-ownership model, with DNotes owning 25% of DNotes Global (pre-dilution), while the for-profit business maintains a stake in the digital currency. DNotes Global generates profit, creating intrinsic value for the DNotes currency to help create a “floor” for the digital currency’s value. DNotes Global has plans to build a long-term competitive advantage by offering services that utilize DNotes. That strategy will also help to facilitate awareness and adoption of the DNotes currency. Long term competitive advantage DNotes Global will provide in offering services that utilize DNotes. What’s Next? Fully compliant Reg D 506 (c) crowdfunding followed by a Reg A+ Mini-IPO. DNotes Payment Solution Integration into Existing eCommerce Platforms Cold Staking Implementation & More Where can I learn more? Pitch Deck - https://dnotesglobal.com/PitchDeck.pptxPitch Deck Video - https://www.youtube.com/watch?v=XculeWKdbbEWhite Paper - https://dnotesglobal.com/white-paper/Website - http://dnotescoin.com/Blog - http://dnotescoin.com/blog-main-hub/
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DNotes 2.0 Frequently Asked Questions: Q: What is new with DNotes 2.0?A: DNotes 2.0 is a major improvement on the original DNotes blockchain. The new blockchain will allow DNotes and its partner company DNotes Global to achieve its objective to connect DNotes to the modern world of finance and commerce. The new blockchain is faster, more secure, and consumes only a fraction of the electricity. It also allows custom invoices to be created and attached to transactions, and changes the economic incentives of the network to one that encourages savings with the switch to the Proof-Of-Stake algorithm, and paying 0.5% interest on balances that haven’t moved from a wallet address in a 30 day period (~6% per annum). Specifications POS 2% Annualized Staking Reward Individual blocks reward will be Current Total Coins / 525,600 * 0.02 60 Second Block Target 0.005 Transaction Fee Source: https://github.com/DNotesCoin/DNotes2.0Download Wallet: http://dnotescoin.com/#DownloadDirectory DNotes2 (C:\Users\USERNAME\AppData\Roaming\DNotes2 on Windows) CONF dnotes.conf (all lower case) DNotes 2.0 Features Switch to PoS CRISP Reward - 0.5% interest every 30 days. Awarded by address. Calculated on a 30 day cycle. Automated Invoicing (First Phase) - Integrated blockchain invoice number There will be a soft deadline where DNotes mined after that block will not be redeemable for 2.0 coins: 4/16/2018 Block# 2180897 133,574,552 Will be the total swappable amount of DNotes we create +20,000,000 Allocated to DNotes Global, Inc for Development & Growth Fund 153,574,552 Total DNotes 2.0 Created The next update (TBD) will include: Deferred Staking Q: How do I swap my coins? (after April 16th)A: Please fill out the following form: https://goo.gl/forms/LdCjgAP7gaio1lVk2We will be performing post April 16th swap investigations beginning May 16th. Please do not send your DNotes anywhere after April 16th unless it is your own desktop wallet. Please note DNotes v1.x mined or purchased after April 16, 2018 will not be eligible for the swap. Q: I have a paper wallet. How do I turn them into the new coins?A: You will need to download the DNotes v1.2 software (email us at contact@dnotescoin.com), and then use the importprivkey command in the debug console. https://bitcoin.stackexchange.com/questions/5941/how-do-i-import-a-private-key-into-bitcoin-coreOnce your wallet is updated, you will be able to send out your DNotes. Q: What is the cutoff date for mined DNotes that can be swapped to the new DNotes blockchain?A: We have set April 16th as the soft deadline. No DNotes mined after this date will be eligible to be swapped to DNotes running on the new blockchain. We will continue swap DNotes after that date, however the process will not be as easy and will take more time. Any DNotes 1.x purchased on exchanges after the 16th will not be eligible for the swap. Q: Will DNotes 2.0 be listed on new exchanges?We are currently listed on: https://www.nlexch.com/markets/notebtchttps://bitebtc.com/trade/note_btcWe are actively working with and in active communication: https://www.coinexchange.iohttps://mercatox.comThese two exchanges are established and currently trading. We are hoping to reach an agreement soon so that DNotes can be listed shortly. Beta or Future Exchanges we are working with: https://www.cryptaldash.com/https://www.listex.io/ https://blockbid.io/https://shardax.com/Q: Are the new DNotes 2.0 coins worth the same as the old coins?A: Yes, they are worth exactly the same. However we can not predict what price movements will occur at exchanges once DNotes is relisted using the new coins. Q: I have Mac or Specific Linux OS, will there be wallets for these? A: Yes! We currently have Windows / Mac / Linux Mint / Ubuntu Desktop wallets at DNotesCoin.com. If you need something else, please let us know. Q: Where is the block explorer? A: https://chainz.cryptoid.info/note/Q: I am trying to swap my coins from Cryptopia and I am getting Invalid AddressA: That address which begins with an "S" is your new DNotes 2.0 address and your coins on Cryptopia currently are DNotes 1.x. If you like to participate in the coin swap, you can click on the "HISTORIC" tab in your DNotesVault account, create an address, and deposit to that address which begins with a "D". We will take care of the rest, and swap your DNotes for you within a few days. If you have any other queries, please email contact@dnotescoin.com StakingQ: What is Staking?A: Staking your coins helps to support the DNotes network, and the network currently pays out roughly 5 DNotes every minute to one address on the network based on a probability that centers on how many coins the user is staking with as a percentage of the total number of coins being staked on the network. The DNotes network pays out ~2% of the total number of coins per annum. If 100% of DNotes were being used to stake on the network, then by probability each user could expect 2% growth in the number of coins they have. If only 50% of coins are used to stake, then those users could expect approximately 4% growth that year. Q: Can I stake my coins on the DNotesVault?A: You cannot currently stake your coins that are on the DNotesVault, you will need to withdraw your DNotes 2.0 to a local wallet and stake your coins from your local wallet. We will in a future release incorporate cold staking, which will allow you stake your coins while they are safely tucked away inside the DNotesVault. However, we do not have an ETA, it will be one of our highest priorities for next upgrades. Q: How do I stake?Disclaimer: It is recommended that you properly secure your computer and wallet, as well as make proper backups, before attempting to run your own staking wallet. Failure to properly secure your DNotes may result in loss or theft. If you are not familiar with the process, please start off small and familiarize yourself with the process. You will need to download the DNotes QT wallet here: https://github.com/DNotesCoin/DNotes2.0/releases/tag/v2.0.0.0Install the wallet (and we recommend creating a backup) Go to settings, and then ‘encrypt wallet’. Enter your password twice (and do NOT forget it, or you will not be able to access the wallet and we can not help you). Go to settings, and then ‘unlock wallet’, enter your password, and select “for staking only”. This will prevent any transfers from being made from your wallet without the password while you stake your coins. Soon the arrow at the bottom will turn green. This means that your coins are now staking. You can watch a video of these steps here from our alpha release here: https://www.youtube.com/watch?v=2w9r2LoXM6cQ: How do I get the most out of my staking efforts? A: There is no trick to staking efficiently. The factors involved are your coin weight versus the network coin weight and coin weight is the number of coins currently staking. The age does not matter, nor does how you divide or move your coins around. Q: How much can I earn staking? A: That depends on how many coins you are staking and how many coins are being staked on the network. The blockchain distributes Current Total Coins / 525,600 * 0.02 every block, or every 60 seconds. You may calculate how often you are chosen to receive the block reward by dividing your network weight verse your weight. If network weight is 100, and your weight is 5, then you would be chosen for block reward 5 blocks out of every 100. CRISPQ: Can I get CRISP reward AND stake at the same time? A: Yes, the system is designed to allow you to receive CRISP on a wallet you are staking Q: What is the CRISP reward structure? A: CRISP periods are every 43,200 blocks (30 days). Payments start 10,080 blocks (1 week) from the end of the CRISP period. Q: What do I need to do to earn CRISP? A: Keep your coins in the same address for the full CRISP period 30 days, set every 43,200 blocks. Q: When will I receive CRISP payments? A: The next payouts are as follows: May 1 - Ends first CRISP period. May 8 - Payout starts. (Virtually no one will receive this payout) June 2 - Ends second CRISP period June 10 - Payout starts Roughly. Q: Do I get CRISP payments at the DNotesVault? A: Yes! You get CRISP inside the DNotesVault, or at any address you control, such as a Desktop wallet. Though I won't suspect you will be able to get CRISP rewards from the exchanges or other online providers. Q: Where do the CRISP coins come from? A: The blockchain, these are newly created coins and have now become part of the new coin distribution, just like the staking reward. Q: How do I earn the interest reward?A: Our Cryptocurrency Investment Savings Plan (CRISP) payouts occur approximately once per month. All coins that haven’t moved address during that month period will accrue a 0.5% interest, which compounds to roughly 6.17% per annum. If you move your coins during that time, those coins will not receive the interest for that month.
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