Oh, did not know that Dash Masternode Tech is being used so everything, reward wise, is already set.
every masternode coin is based on DASH masternode technology but only few of them use the newest masternode implementation and are full upgrade combatible like DMD Diamond DMDv3 contains masternode technology invented by dash POS3 technology invented by blackcoin and blockchain technology invented by bitcoin and some improvements adaptions special in the area POS and zero micomanagement abilities done by DMD devs and the unique to DMD coin rollout with constant decreasing inflation and starting in 10 years even deflations mechnism that take care that each DMD become more valueable over time important for a good coin is that u not only put in good stuff but that u also take care the stuff fit well together we all love chocolate icecream and we love pizza but chocolate icecream on a pizza that maybe doesnt fit..... Exactly. It's like a lot of talented musicians who try to play together. If they do not have a conductor, then instead of music, we will hear a cacophony (a set of different sounds)  |
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Hello
This is still the coin that was once traded on the BTC-e or or this is another coin?
It seems I have a little old TRC left, it's to bee good the see if I can cash out of this coin.
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Quote: "In the near future DMD Diamond will feature a second more complex and more secure address schema (far beyond what Bitcoin protocol offers) which will make it much harder for brute force quantumcomputer attack to be successful."
Will this affect the possibility to import old private keys from DMD v2?
Of course, we will have full compatibility of both wallet.dat files and private keys for import into a new wallet. This was initially one of the most important points in the upgrade. Just to be clear; you are saying that a future implementation of a more complex and secure address schema (to prevent brute force quantumcomputer attacks) still will correspond to the original private keys belonging to the original DMD v2 addresses? About this point. This issue is now in development. As one of the options is considered a system in which there will be several addresses. One standard (the same as now in version 2.0) and the other is more secure (with increased stability to quantum search). The user himself will determine which of the addresses is more suitable for it. In particular, it will be possible to transfer coins from a short address to a long one. Old (short addresses) will gradually go out of circulation and will be replaced by more reliable and long ones. |
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Will this affect the possibility to import old private keys from DMD v2?
Of course, we will have full compatibility of both wallet.dat files and private keys for import into a new wallet. This was initially one of the most important points in the upgrade. |
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Someone please correct me if I'm wrong, but I have a couple questions:
- I believe a few weeks ago it was stated that the config steps to create a TOR masternode would be released with the whitepaper. I know we still have a time, I just want to know if we can count on the devs guidance to set things up properly of we should make them on our own.
- In the whitepaper there are clear references to the Legendary Addresses but not a single reference, for instance, to the special reactor keys auctioned 8 months ago. We paid for boosted staking power for a year and that ends in November. Someone mentioned that we are going to get the remaining coins that we were supposed to get from staking but there is no mention to that in the whitepaper.
Concerning the rest, I'm here for the long run!
All instructions and descriptions for configuring ТОR, Proxi, IPv6 and Masternode will be released by a separate discription. Do not worry, this is an important point and it will not be left without attention. |
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big_coins
We are ready for discussion, and we are ready for discussions and proposals.
We are ready to discuss anything but absurd claims of theft.
After all, it's an open source project and as Cryptonit said, you can always try to organize your own project and set your own rules there taking all the risks and consequences.
But please read again carefully White Paper and try to understand what we wanted to tell you ..
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Little worries about treasure digging.
Does this mean for example, If I send some coins to a paper wallet abd give them to as a gift to a new born relative to hold until they are 18, in 18 years when they come to sell them they will find they have been stolen by 'treasure diggers' ?
If this is the case this needs to be removed 100%.
I think that you are worried in vain. This function is created to ensure that the number of coins in the Diamond system remains stable throughout the lifetime. Thus, MN holders and wallet holders will receive a constant POS income even when the reward falls to less than 1% per annum. This is a serious project created for existence many years. It is the preservation of the total number of coins in the system on one level, which guarantees reliability and safety of work for future stores and services. All you need is to run your wallet once every 10 years. It can be a light wallet for a smartphone or Electrun wallet running in your browser. As soon as your wallet appears online, it will be considered that it is not lost. If you keep the private key on paper, then the future development will allow you to almost instantly import and export a private key with one mouse click, so that you can tell that your address is alive. Once in 10 years -this is a long time. Or for this long time you do not want to receive your POS reward and tell once for a nodes in the DMD network that your address is live? |
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So in DMD 3.0, the masternode get the lion's share of every POS block - 65% for masternode vs 35% for POS.
That's 1.5275 DMD for masternode and 0.8225 DMD for POS block finder.
Also, the mechanism that choose which masternode receives the POS share reward is boiled down to luck?
Yes, Masternode (MN) has a slight advantage over POS. But the exact percentage of reward will depend on the number of active POS wallets and the launched MN This is a schematic image for the future network  Here are some more illustrations that reflect the speed and density of transactions in comparison with bitcoin  |
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4 years for Diamond is a round dateLet's take a short look into the past for Bitcoin. An interesting historical fact. The project bitcoin started in 2008. But February 9, 2011 (4 years after the appearance), 1 bitcoin cost $ 1, after which there was a long decline. March 23-24 BTC reached parity with the euro and the British pound. On June 2, the cost of one BTC was $ 10, and in a week it shot up to $ 31.91. I do not want to grow here a direct relation with the growth stages of Diamond, but you will agree that there is some similarity in the dynamics of development  My congratulations Diamond on the fourth anniversary 
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Excellent cakes, I would have gotten with pleasure one of them or even a few for the birthday Thanks to everyone who participated in this contest. |
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First block 2013-07-13 06:22:11 (4 years and 1.3 days ago) for Diamond is a round date, but let's take a short look into the past for Bitcoin. An interesting historical fact. The project bitcoin started in 2008. But February 9, 2011 (4 years after the appearance), 1 bitcoin cost $ 1, after which there was a long decline. March 23-24 BTC reached parity with the euro and the British pound. On June 2, the cost of one BTC was $ 10, and in a week it shot up to $ 31.91. I do not want to grow here a direct relation with the growth stages of Diamond, but you will agree that there is some similarity in the dynamics of development |
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Happy birthday to the DMD community!
4 years is the great time for crypto currency.
And Diamond today has a solid foundation for further progress.
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Still can i get a 25% Stake?
Yes, the rate of 25% per annum still works. Today Diamond is one of the best cryptocurrency in terms of the level of distribution between different countries  |
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the actual market show resillience is where our diamond shine bright while all coins bleed DMD stay relative stable at least significant less loss than most others and all that resillience even with whitepaper and wallet not released yet  DMD Diamond tested by time since 4 years and many more to come! This is because most of the remaining coins are just a big bubble. Diamond just gradually regains its value |
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There is already very little time before the publication of White Paper with a description of the future for Diamond v3.0
This will be very interesting information.
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Can someone tell me if the DMD v3 will have masternodes? I thought I read that somewhere. What would the collateral be for a DMD masternode?
masternodes = 10000 DMD but, there will also be a POS, which is now 25% per annum, but after launching DMD v3 will become even more. So, run this past me again  10,000 DMD for a masternode, right? Current supply is 2,172,834 DMD ( https://chainz.cryptoid.info/dmd/) = maximum of 217 masternodes if the total supply is used or a maximum of 438 masternodes when DMD reaches 4,380,000 DMD. That just doesn't make any sense. So, you are aiming for maybe 50-60 masternodes running as opposed to around 4000 MNs running for DASH and around 2000 MNs running for PIVX. You should set the collateral much lower. It just doesn't make any sense unless it's just an attempt to push the price up. You do not need to compare Diamond with Pvix or Dash. The basis of network security in v 3.0 will be activ POS. Masrernode (MN) will perform the functions of instant transactions (system with zero confirmation) and the function of mixing the coins (in case of the option an anonymous transaction). Of course MN also takes part in additional protection of the network, but their role in this is not the main one. When developing the future kernel for a new wallet, a mathematical simulation of the entire system was performed. It showed that even 20 MN is sufficient for the normal functioning of the network. We have no problem tending to values greater than 200 MN. Each MN in the future will be able to perform other functions. But it is important to understand that 10000 DMD for one MN is the number available today to anyone interested for a long-term investing. We do not need that MN suddenly appeared and disappeared from the network, like mushrooms after the rain. This is a serious investment and it implies a long and stable income (approximately 9 DMD per day with one MN). The MN system will be well protected against Dos attacks, as it will have several startup options. In addition to the direct dedicated IP (required to run the MN), options will be also available, starting via VPN, VPS, Proxi and TOR (onion MN node). Also we will have support for IP6 protocol. So here, everything is foreseen. P.s Please wait for will be publication of the official document and there will be described in detail the specification for the future Diamond wallet v3.0 |
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cryptonit
If in Windows includes updates, some of them require a reboot ...
And this means that the computer with the masternode is eliminated from the round for the reward, right?
It's me to the fact that updates are important especially after the attacks of new viruses that have been recently in the world ...
So disabling updates is not advisable ...
About any mandatory updates you say? If it is a question of recent attacks of cryptographic viruses, then for security it is enough to disable updating the SMB v1 protocol. See the details here http://bit.ly/2tX6yXBIn fact, it is enough to set up your computer well once and no viruses are dangerous for you. By installing update packages from Microsoft you risk getting even more black doors and opening a channel for the leakage of your personal information. Enough to read these articles http://www.computerra.ru/131424/windows-7-8-10-spy-features/ and http://bgr.com/2015/07/31/windows-10-upgrade-spying-how-to-opt-out/ |
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The wallet bugs in 4K resolution, the address book shows nothing.
Kindly: Om's dev.
Maybe you are the first person who uses the 4k monitor resolution to run the DMD wallet. At us before not anybody who checked such things. If it does not complicate you, please make a screenshot so that we can better see your problem. |
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Today, the market for various crypto currencies has become quite large and is gradually gaining popularity. What should be known a newcomer who wants to buy a digital asset:1. How many coins will be in the system (there is a big difference between unlimited coins and coins having a finite value) It is also important to consider the availability of premine* 2. When the coin was created and how many years have passed since its inception 3. How large the inflation in the selected coin is 4. What income does the system offer you and how long will you receive it 5. The presence of the activity of the team and its developers who regularly publish all the necessary information 6. Position of the coin in the general list of other crypto currencies and its current value 7. The average daily trading volume and the possibility of rapid exchange on various trading floors. All these basic points will help you to create an overall picture when making a decision about investing |
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If DMD can be reach 1000 dollar, I promise to donated 5 DMD for the dev team  I applaud your generosity. I think the dev team has several thousand of diamonds. 5 DMD is just a drop in the sea. More like a few hundred thousand diamonds or more. FYI, Cryptonit alone owns half of Reactor (that's ~30,000-50,000 DMD) and not all his nest eggs are invested in Reactor. Well you get the picture. Nobody interferes with any user who came to the world of crypto currencies to become a wealthy person. The main enemies in his path are fear, greed and mistrust. But these enemies can be defeated through technical analysis of the market and the availability of experience. When people start to consider other people's money, this indicates that they have something missing. Today, the market for various crypto currencies has become quite large and is gradually gaining popularity. What should be known a newcomer who wants to buy a digital asset:1. How many coins will be in the system (there is a big difference between unlimited coins and coins having a finite value) It is also important to consider the availability of premine* 2. When the coin was created and how many years have passed since its inception 3. How large the inflation in the selected coin is 4. What income does the system offer you and how long will you receive it 5. The presence of the activity of the team and its developers who regularly publish all the necessary information 6. Position of the coin in the general list of other crypto currencies and its current value 7. The average daily trading volume and the possibility of rapid exchange on various trading floors. All these basic points will help you to create an overall picture when making a decision about investing |
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