Thank you, percocet. We are mindful that our industry lacks trust, integrity, professionalism, and dedicated leadership. Often there is no cohesive vision or truly long-term commitments to promote a unity of purpose to the mutual benefits of everyone. We constantly examine each and every major issue or problem, (both technical and social) confronting our industry and DNotes. The scaling constraint is one of the majors issues we are committed to solve. There are multiple solutions. As a matter of discipline, we are taking our time to pick the best path leading to the best solution. Again, our ecosystems, especially DNotesVault, will offer us a superior advantage.

 Welcome to DNotes, Percocet. We are delighted to learn that you like what you have seen so far. Thanks for your questions.

You are correct that the current DNotes is a forked version of Litecoin. It is still a mineable Proof of Work (POW) until DNotes 2.0 is launched in September this year.

DNotes 2.0 is a forked version of Startis. We selected them as our base-line because of the work they started - coding in C#. They have made significant contributions in C# platform though a great deal more needs to be done. We are very appreciative of everyone’s contribution to further advance the technology in our collaborative open-source environment. DNotes is committed to do our part in support of open-source by making our source codes available at the appropriate time. I will not go so far to say that it is a completely new code base. Full credit must be given to the original bitcoin codebase of which we are a derivative of.

DNotes is committed to 100% C# conversion. Some innovative technologies will be incorporated. We do not to intent to apply for any patent at this time.

DNotes 2.0 is a migration from POW to POS. DNotes’ stakeholders will gain a unique advantage because of our ecosystem; in this case DNotesVault. Around 2% annual rate is paid to all account holders with DNotes on deposit of 30 days or more. Additionally, they will be rewarded for staking to support our network. We are making the staking process almost effortless. DNotesVault is designed for security, ease of use, and full participation of all our stakeholders with or without technical skills. This is the result of our relentless commitment to mass acceptance of DNotes. We have maintained a low profile while investing heavily in our ecosystems for the last 3 ½ years.

Additionally, I believe that one day, those same DNotes, while earning interest and staking reward, can also be used as collateral equity to secure a line of credit using DNotes smart contract and our new blockchain. It is part of our road-map to have our own exchange, bank, partner bank, and a multi-currency card with convenient credit-line facilities and other financial services.

Hope that I have answered your questions sufficiently.

Hello Denver Dan,

Welcome to DNotes and thanks for your kind words. Tim is indeed a class act and a fine gentleman. We are very fortunate to have Tim and others firmly committed to DNotes’ vision of building a trust-worthy digital currency accessible for everyone worldwide to participate. It is our core belief that by helping others to benefit from this generational opportunity DNotes will become very successful.

Our ecosystem system will continue to expand at the right time. From our prospective they are all strategically linked and invaluable to our long-term success. With the launch of DNotes 2.0  in September the immense value of what we have created will be quite obvious. 

So, thank you, Chase. An excellent article - very appropriately timed in view of the challenging investment sentiments we all are confronted with. This is the time to hunt and look for "rough diamonds" among a pile of tainted rocks and garbage. The whole notion of decentralized consensus system and the underpinning blockchain technology are just as amazing today as they were a month ago. The technology itself is perfect and faultless. I can't say the same for human greed, ego, selfishness, and other bad conducts. We are all paying for them indiscriminately.

Interesting observations, Tim. Bot trading may also has something to do with it.

Brandon just posted an excellent article on DNotesEdu. Highly recommended read. Enjoy.

Cryptocurrency and Market Timing Irrationality
by DNotesEDU | Jul 17, 2017

It is pretty safe to say that the majority of new investors in cryptocurrency are there because they have heard of the amazing profits earned by other investors. Even though they may be warned of the potential risks and wild volatility, many come to expect nothing but gains, and are not prepared psychologically for any downturns or losses. In our world of instant gratification, they want the gains to happen now, and pay little heed to what it actually takes to build something of value. Everything is fine as long as the market is rising, but panic sets in every time the price falls. It happens over and over…

Herd Mentality

It starts with herd mentality – following the latest ICO, or a flashy new blockchain project looking for a problem to solve, or any other venture with a lot of hype surrounding it. And, typical of a herd, the sheep will eventually follow each other off of a cliff. They may even feel they have done their research and really believe in this project, but their research may be nothing more than reading up on the developer’s big plans via a whitepaper that is at best, a weak promise. By following the herd, whether it is by listening to an uninformed writer who recently discovered bitcoin (and thinks they’re an expert), believing the unsubstantiated hype of those promoting their self-interests, or crowd-following in order to belong to the “in” community, a follower will inevitably hang onto the cryptocurrencies they should get rid of, and get rid of the ones they should keep.

Read more:   http://dnotesedu.com/2017/07/cryptocurrency-market-timing-irrationality/

Thank you Chase, for the post at Investor Hub. DNotes has been getting some recognition outside of our industry. I have been getting a few requests for interview and speaking engagement. Despite the current uncertainties, DNotes is well positioned to survive the test of time. This industry struggle may lead to investors' demand for integrity and trustworthiness as the prerequisite for their hard-earned dollars. That will be to DNotes' benefit. No one take that more seriously than we do.   

Like most of you, it has been a painful and disappointing week to see the blood-bath in our industry continued. Thanks to the "editorialized/translated" article below I finally ended up the week with a few good laughs. To begin with, I did not know that I was interviewing for a job. It is not likely that any company can pay me enough to work for them. I pay to work 12 to 14 hour a day to have the privilege of working for DNotes. I am doing so out of my firm believe that this is a generational opportunity to help change the world, even slightly, to the benefits of millions who will be positively impacted by the many global projects we to plan to embark.  

Ethereum BestNews, Lists, Advices, Mining, Softwares, Tools.

http://www.ethereum.best/blog/2017/06/23/dnotes-co-founder-alan-yong-offers-insight-on-dnotes-tactic-and-eyesight-in-current-ceo-cfo-interview/

DNotes Co-Founder Alan Yong Offers Insight on DNotes Tactic and Eyesight in Current CEO CFO Interview

In an job interview with CEOCFO Magazine published on Monday, DNotes co-founder Alan Yong exposed his feelings on the latest point out of cryptocurrency, the obstructions blocking the market from obtaining additional widespread acceptance, and his company’s approach to situation DNotes to Yong, the author of the book Improve Your Odds – The 4 Pillars of Small business Accomplishment, pulled no punches as he surveyed the digital currency landscape in 2017 and elaborated on DNotes World wide Inc’s options and DNotes’ probable.

In remarks right after the job interview was published, Yong designed obvious his perception in digital currency’s ability to amount the taking part in field for billions of fiscally disadvantaged people today close to the earth. That is why he chose to emphasize their plight and clarify how the DNotes crew options to situation that currency to fill that hole by satisfying all the fundamental functions of cash.
 
Younger stated:
I talked about the two.two billion people today close to the globe who lack accessibility to fundamental economical providers. […] How do you improve your lifestyle and that of your local community or place when financial institutions won’t even give you accessibility to a cost savings account – significantly much less a smaller company loan or other credit score alternatives? This is not a new challenge, and nevertheless the latest economical system has carried out minimal or nothing at all to make those peoples’ life improved. A little something has to improve.

Yong’s focus on these forms of difficulties is understandable. For decades, cryptocurrency fans have argued that digital currency would supply the democratization of cash that the earth requires to empower everyone. On the other hand, as he alludes to in his job interview, minimal real progress has been designed. And if Yong is appropriate, handful of if any of today’s digital currencies are adequately positioned to satisfy that guarantee of monetary democratization.

With respect to Bitcoin, Yong notes that its recognition and latest cost could show to be a barrier to additional widespread adoption close to the earth. As he pointed out in the job interview, “mass acceptance of any digital currency also necessitates it to be accessible to any person and everyone close to the earth – alternatively than just getting limited to the monied elite.” Yong says that universal accessibility is a central target for the DNotes crew and project.

To complete that, the DNotes strategy reportedly focuses on generating an educated local community focused to the currency’s success, a reliable brand that is the two reputable and verifiable, and a system that emphasizes instruction about digital currency. DNotes World wide Inc was created as a for-earnings firm to aid satisfy those ambitions and supply the leadership wanted to make sure that the currency acquires true intrinsic price.

That intrinsic price will be vital if DNotes is to obtain Yong’s dream of serving as a viable source for economical empowerment close to the earth. No currency can extended lay claim to that designation without some measure of intrinsic price considering that significantly of the world’s inhabitants will be reluctant to put its believe in in any currency that suffers from unpredictable and wild cost swings.

Yong also went into larger depth about the DNotes World wide Inc project and its extended-term ambitions. The DNotes crew options to eventually launch a cryptocurrency trade, as well as an online bank. And that’s on top rated of its ongoing attempts to continue on to improve its other project offerings – providers and attributes that involve every thing from the revolutionary and secure DNotes Vault system to the company’s CRIPS cost savings accounts and retirement plan.

Yong’s job interview with CEOCFO Magazine presents probably the most in-depth glimpse into his company’s options nevertheless, and that’s most likely to spark even additional fascination in the DNotes project. Even now, Yong appears to be to be using that in stride.

DNotes is making lots of exhilaration appropriate now, but we’re continue to concentrated on the undertaking before us. This is a large project, with large ramifications for the earth – so patience is a must. If I’ve figured out a single factor in my company lifestyle, it is that you often need to do the appropriate factor at the appropriate time – and for the appropriate explanations. We intend to preserve doing just that.

About DNotes and Alan Yong

DNotes co-founder Alan Yong is a well-regarded author and tech visionary who established Dauphin Technology in 1988. DNotes is regarded as a “thought leader” in the cryptocurrency market, with a digital currency pointed out for its consistent and reputable growth, and revolutionary initiatives that actively have interaction females, young people today, smaller firms, workers, and some others – proficiently inviting the earth to participate in the digital currency revolution.
Browse the entire job interview below: http://www.ceocfointerviews.com/interviews/DNotesGlobal17.htm

For additional data be sure to visit: http://dnotescoin.com
To trade DNotes with Bitcoin be sure to go to:http://poloniex.com/trade#btc_notice
To study additional about DNotesVault and CRISPs be sure to go to:http://dnotesvault.com
Abide by DNotes on Twitter: http://twitter.com/dnotescoin
get over those troubles.

I agree. Thank you mrbum805 for the great recap, sharing your prospective, and observation. Yes, DNotes is uniquely different from our industry peers. We believe that this is a generational opportunity to help change the world to benefit many people positively. We have a clear vision where DNotes will be in 10 to 20 years from now. DNotes will meet and exceed the full functions of money and be accepted by the masses globally. This is a big bold global project, involving many moving parts or building blocks. We are constructing them block by block and they are all strategically linked.

We have accomplished a lot and fully committed to do a great deal more. We are often willing to do the extras that other won't care to do, so that DNotes will be in the position to do things others can't do in the future.  

By doing the right thing at the right time, DNotes will be the trusted digital currency in global commerce.

The current industry sentiment is very negative with great distrust and a high level of disgust. Many investors have suffered significant losses with little recourse. Obviously, someone got rich quick at the expense of many innocent investors. This will be quite damaging to our industry, but could encourage more people to place a higher value on a trusted brand like DNotes.  

Tim, it is for real. And that is not all. Think of having five employees, each speaking a different foreign language. They can still communicate but only through an interpreter.  Our preference is to use one language and in this case C#. Of course, it could have been C++, but that would limit us to the "elite" programmers - to give them some credit.

For DNotes to gain mass acceptance one day we consciously target two groups - 1) everyone worldwide - rich or poor; young or old, tech and non-tech, and male or female. 2) the business world - small or large corporations - with focus on ease of participation. Additionally, my book "Improve Your Odds - The Four Pillars of Business Success" with a chapter on the DNotes story is "a foot in the door". It helps when I have an immense experience and knowledge in new business start-ups and managing them successfully. Furthermore, I am genuinely committed to help reduce the high rate of business failures (80% + failed in the first 10 years). We truly want others to succeed and benefit in what we believe is the greatest technology revolution since the internet.

I always believe in a complete system approach. Doing parts of something and ignoring others while hoping that somehow everything will fall in place is just a wishful thinking more likely to fail than to succeed. DNotes is more than just a digital currency like Bitcoin. We constantly examine the opportunities and challenges confronting the currency, the ecosystems, and our industry as a whole.

Success in business is about identifying problems and challenges and exploit them as opportunities. Of course, it takes deep knowledge and skillful execution. We are very good at that. That is why we are confident that DNotes will be very successful and destined to lead our industry one day.

From my prospective, the industry market-cap went up too quickly to an unsustainable level. It is now trying to seek a “technical” bottom and re-establish itself before the next up trend. The August 1st Bitcoin hard fork user activated Segregated Witness (Segwit) under Bitcoin Improvement Proposal (BIP) 148 will introduce further uncertainties and prolong the correction period. Over the short term this will be very damaging, especially, those with ICOs in the works. I believe that investors will be more cautious going forward; though the “greed factor” often lead to short memory. Best case, people will try harder to do their home before investing – a good thing for DNotes. I am certain that the thinning out cleaning process has already started.

Longer-term out-look is excellent for DNotes. The insane volatility will cause significant loss of confidence to most “real” world investors that are waiting on the side-line. More people will begin to appreciate why DNotes has elected to take a different path with a focus to create fundamental intrinsic value for DNotes stakeholders.

Especially after our recent meeting with our core development group, I am very confident that DNotes will be a technology leader within a year or two. DNotes 2.0 will be a significant contribution to our industry once we achieved 100% conversion to C#.

Think of it as a brand new garden hose as oppose to one with 100 patches from volunteers with each hose clamp tighten from 85% to 95% Tensile strength. There are inefficiencies and leaks all-over. That is the inherent problem of an open source environment, especially without strong leadership and commitment to finish the job no matter how challenging and difficult.

In reality, you can not fire a volunteer. They all believe that they have the best solution and often left the last 10% to 15% of the most challenging part unfinished. All the work-around and patch after patch lead to inefficiencies and confusions. We are committed to give DNotes 2.0 a clean start. That will give us the advantage to offer many apps we have in mind.    

Thank you, alaalfa, for bringing this to our attention. This is very significant. Delaware is taking the lead but one day all the remaining states will follow, including Illinois. DNotes Global, Inc is incorporated in the state of Delaware and operating its registered business in the state of Illinois. It has limited transactions and business activities at this point but that will change in the future. The path we a chosen is consistent with our vision and the likely path of state and federal regulatory registry, reporting, and licensing requirements as the industry becomes increasingly matured.

Personally, I am concerned about the reckless conducts of our industry as a whole, especially, with regards to the rampant speculative ICOs often with little to zero underlining value. I am fearful that many investors will see substantial losses in their investment with no recourse or hope that what they invested will be worth anything one day. We are already seeing a "blood-bath" that could be quite painful. And regulators will have no choice but take corrective actions to protect consumers investors.

This is a very predictable out-come and a thinning-out process, just like what happened to other emerging technology eras, including PC and dot com. Only a few survived but most vanished. DNotes will survive the test of time. Sadly, most investors in our industry don't seem to do enough home-work to separate fluff from substance. Despite significant added value in DNotes 2.0 development and other areas the value of DNotes has dropped by 75% from its high. It has been under-valued to begin with. I am in accumulation mode.  

 

September, 2017.

Thank you, alfaalfa. I am delighted that you are seeing that opportunities are not without risk. There is always the risk of not succeeding as a result of uncontrollable factors, inherent to our industry; and there are many, including the fact that a decentralized organization such as a digital currency is leaderless.

DNotes' business model is uniquely different. DNotes as a digital currency, by itself is leaderless, just like any other digital currency. The issuance and the governance of the currency is decentralized. The value of the currency is entirely left alone at the mercy or benefit of free market forces. As we all know, price wise, there are good days, as well as bad days totally beyond our control.

We recognized the faults or pitfall of such a structure. Apparently, most people still don't get it. DNotes Global, Inc. a for profit company, incorporated in the state of Delaware, USA will make a huge difference and go a lone way in the success of DNotes. It's mission is to protect and promote the best interest of DNotes and our stakeholders with the best leadership along with the best use of resources at our disposal. And our stakeholders own 25% of this company as a gift from our generous founding investors. Additionally, I spent a whole year writing a great business book, invested a significant amount money, and granted 100% royalty free rights to DNotes Global. Unfortunately, most people are inherently dismissive. Perhaps a year or two from now, some would wonder and ask, "It was so obvious, how could I have missed the opportunity to invest in DNotes?"



  

Thank you, Chase. We have been working hard in preparation for Smokeys Gardens’ open house. We are expecting a big turn-out. DNotes will have its own display tent and we are giving away DNotes to anyone who register with an email address. Thanks to DNotesVault – it is that simple. DNotesVault's capabilities continue to amaze.

I trust that one day soon investors will realize that DNotes is much more than just another digital currency. It comes with the backing of a for-profit company, a well written business book with a chapter about the DNotes’ Story, and a developed complex ecosystem. We are built to survive the anticipated test of time. I have been down that route before. At one time, there were thousands of “PC manufacturers” and hot dot com companies “claiming” to be doing great things. At DNotes, we are actually doing great things.

"So as you can see, I probably have more questions than answers, but I'm like that about a cup of tea too, it is just my nature." Yes, it can be quite complicated. I trust that given the time and research you will gain great understanding before long. Meanwhile, the most important thing to understand about DNotes is that the issuance and governance of DNotes - the digital currency is and will be 100% decentralized. No single individual or a group of individuals control DNotes. Every single DNotes that I own is purchased from the open exchange like everyone else. Ownership is "at will". A large owner of DNotes, or for that matter, any owner of DNotes can liquidate its ownership at any time, and no longer remain as an owner. Technically, once DNotes 1.0 is swapped for DNotes 2.0, the original DNotes as a coin has "0" value. Any value must be created from "0".

This is just a brief response to some of your key points. The DNotes core team will be extremely busy the next few days doing some important filming and preparing for Smokeys Gardens open house. This place is looking like a paradise and we are expecting over 150 guests. Hope more DNotes supporters can join us next year. 

 

Thanks, Chase. I am proud to confirm that we do have "a very talented team at DNotes." But Henry Ford is right again“Whether you think you can, or you think you can't--you're right.” We think we can produce great videos. After hundreds of hours, it is looking like we are right.

Now consider these, we think that DNotes will meet the full functions of money and will be superior to money. We also think that DNotes will gain sufficient global acceptance to supplement fiat currency one day. Because of that mindset we are on course to make the near impossible possible. Stay tuned for more.



 

Thanks, Tim. Excellent comments. We are trying to have different variations to make our videos more interesting. There will be a lot more coming. We want to stay on message but grounded on substance and truths that are verifiable.

We are building a trusted brand and it must be done with integrity and trustworthiness. It takes an incredible amount of commitment and hard-work, coupled with total dedication. I am very proud of our team. My job is to continue to mentor, inspire, and lead. We are committed to our vision and purpose in building a trusted digital currency that anyone worldwide can participate - irrespective of their financial standing. The right path to accomplish such grand missions will take time, relentless dedication, and hard-work. I am most grateful to have the continued support of our community.