another reason why we removed POW



dear miners do u understand that u place 80% of all POW hashrate into one pool?
(40% is 80% of POW because the other 50% are POS)
do u understand that only our hybrid wallet technology and POS is keep the chain secure
when miners dont follow the spread hashrate ruleset?

please everyone who understand spread hashrate
no pool should mine more than 20% of blocks

alternative pool is:
http://dmdpool.digsys.bg

fixed the link:
https://mega.nz/#!IUJmiARQ!8Rzjl3tIoFyO5_9QZDbEdtSg1OtwhkqltyOeA6WLxHI

nothing
beside the DMD reactor bonus payouts will be moved to a once per month instead of twice per month

reason is we split the DMD Reactor into 3 address all running on different servers and in POS mode
to give the POS network a solide backbone

each month another one of this 3 addresses will roll out 70% of its POS income as a DMD Cloudmining bonus payout
30% stay in reactor addresses to increase their earning power

its called DMDv3 and it will sync smooth and fast

read the whitepaper u will see constant decreasing inflation
and starting at 10 years even deflation effects are part of dmd diamond coin rollout plan

another nice market day

nice to hear from u crowetic

regarding ur leg10 read the whitepaper it is converted to a masternode with prefilled collateral 10k dmd
BUT this coins are ghostcoins which mean they are unspendable u can do nothing with them
their only purpose is to activate the masternode ability in the leg10 address

this means if u own 10000 DMD u can run 2 masternodes if u own a legendary10 address

the dmd v3 wallet will be released in august so nothing to do now
guides how to set up masternodes will come together with wallet release

so u fulltime qora now?
thats cool because i own zero burst but many qora

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.....

NOBL Noblecoin
and
NOXT NobleNext

are both sleeper coins that will big bang once the redesigned noblepay will launch

https://www.noblemovement.com/

there is no chance that code parts get changed
because we want to be combatible with DASH masternode technology
that allow us implement any interesting improvements from whole masternode development community

without question masternode technology is implemented first by DASH and they put in high effort improve it

just i dislike their POW centric approach and the really high 10% masternode rewards taken out of system for development

as always DMD takes long developed and stable secure blockchain features and combine them in the DMD style

combined with a rock solid coin rollout plan and a few innovative features on top that dont break combatibility

its the same with bitcoin code improvements

we have with DMDv3 a state of the art implementation of bitcoin code improvements and the path towards stuff like segwit and lightning in the future is open

DMDv2 POS

https://bit.diamonds/community/index.php/topic,127.0.html

its not random
its  a consensus of the masternode peer to peer network
but its a complicated not predictable behavior so we call it luck

its like a rollete there is no luck involved but still noone can predict what number win the next round
over all we know each number wins at average same often

even the whitepaper https://bit.diamonds/DMD_WP_1.0.pdf not designed as hype doc
but instead as a reasoning behind the changes and a sneak peak into the future
it affect the markets possitive
seems the people needed numbers before really believe that have a masternode will be a great asset in the future

to few that would be below 20

but if there are just 20 MN that means they earn 5x more then a MN if there are 100 MN
im very sure noone would let this chance pass to fill and start a masternode

the rewards to run a masternode increase if competition decrease (reward is static but u get rewarded more often...)

where in ur szenario are all the DMD
if they not sold on exchange and not run inside MN?

its not a realistic szenario

25% coins exchange and idle in wallets
25% coins active participate in POS
50% coins active participate in masternodes

this is how the rewards are designed

if in one area less coins the participants start to earn more
if in one area are more coins the participants start to earn less

selfadjusting system people will move coins where they earn most

typo slow reduction of rewards start at 115200


there is a mature time and a min pos age
we experment with smooth values actual testnet runs 200 mature blocks and 12 hours min age
final values will be part of a whitepaper upgrade


setup of remote masternode will be part of a guide we provide at release
delgate work basically means the 24/7 online node in fact is empty without coins
and the node who have really the coins is the control wallet which in fact can go offline after started the remote masternode
this is a great security gain to run a masternode without risc  on a VPS


this are unspeandable (thats why we call them ghost coins they not really exist the just there to enable 15 special masternodes but this coins cant be used for anything beside that)
coin pile of 10000 DMD that act as masternode colateral of the 5 foundation and the 10 legendary10 masternodes
each of this masternode is only able compete for MN rewards if he run a 24/7 node like any other masternode


as stephan answered already its a feature in planing that come as addon in a future release
that a second longer more secure address will added into the wallet
both old and new addresses will be useable
but logical from the point on we introduce high secure addresses they will be used as default

the transformation DMDv2 DMDv3 is described at end of whitepaper
old wallet.dat can be scavaged (import all address data and password protection) and single address prive keys can be imported (importprivkey)
 

to see when POS rewards beat MN rewards u not only have to take in account how much masternodes are active
u additional have to take in account how much coins participate in POS

the less competition in POS the more often u earn rewards
this means even below 140 masternodes it can make sence move coins from MN towards POS

this is what we call a selfadjusting system that always take care a healthy amount of people participate in POS

my suggestion to u is take part in POS ur coins reset the timer each time they find a block
u are not only permanant save with ur coins u also earn a nice interest

optional if u want to have a endless secure coldwallet make its transaction size exact 10000 DMD

this count as masternode colateral size and is save too no matter of age