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1481  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Bitcore - BTX - NETWORK & BLOOM & WITNESS online - 20MB Core 14.0 on: April 30, 2017, 06:52:10 PM
What happens if not many people claim their Bitcoin?  Do Devs take all the unclaimed?
I wonder if private keys for BTC can be reused for BTX. Is it not possible because hash algo was changed?

Anyways if we could reuse private key, we do not need to worry about ownership or thinking its significantly premined coin.

i think this will happen the claim phase is just for people who have coins storeed in a way where its difficult access the private key but u can easy sign messages

all BTC owners who dont participate in the claim pahse will later on get their BTX send towards the same address as on BTC chain so basically u can claim  without timelimit with private key in your local wallet

but i think some dust amounts will not be spread and give the bitcore team some leftover funding for future development

as i trust this guys it will be sure below 1% total coins
1482  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Diamond (DMD) Evolution v 2.0 | Hybrid Security | 25% PoS on: April 30, 2017, 01:34:49 PM
Judging by the trend through few months, to get into the TOP 100 by capitalization, the DMD price should be worth more than 2-3 dollars and have a capitalization of more than 5-6 million.
Therefore, to get 10k coins for the masternode will need to pay much more.

dash masternodes are a investment of 70-100k $
and still new masternodes are filled by people

price is no entry barrier if people are confident in the investment decision

but yes i agree Galactus
enter early might get ya a MN much much cheaper

1483  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Diamond (DMD) Evolution v 2.0 | Hybrid Security | 25% PoS on: April 29, 2017, 09:46:23 PM
One of the best DMD services I would prefer the mobile phone replenishment as it is done in bitrefill.com

that might be nice in some countries in others not
where i live its pretty useless nearly no one use non contract phones
u dont need a refill code

but yes everyone is invited create such a refill solution for his country
u will get any support we can give u and we will promote it

but when i talk about masternode network powered services i mean stuff a bit more exciting
bitrefill like stuff can be already use by any shapeshift changelly or coinpayments enabled coin i guess
1484  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Diamond (DMD) Evolution v 2.0 | Hybrid Security | 25% PoS on: April 29, 2017, 09:05:49 PM
My opinion is 1 DMD for 8-10$ to the end 2017!!!

one possibility but not predictable
the masternode hype might be gone
even if we not choose this path because of the hype
but because of the possibilities of a masternode peer to peer layer as host platform for additional services

1485  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs on: April 29, 2017, 05:40:30 PM
any programm to see XEM price and other alt coins price at ANDROID? Kiss Kiss Kiss Kiss Kiss

http://blockfolio.com/
1486  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Diamond (DMD) Evolution v 2.0 | Hybrid Security | 25% PoS on: April 29, 2017, 05:24:39 PM
Banknotes are just a paper product with constant inflation.
The state all the time a print money and it becomes every year more and more in circulation.
As a result, the prices for goods are gradually growing, and the value of fiat currency is falling.
Diamond has only 4.38 million coins, 2.07 million of which have already been mined.
So think and ask yourself again why Diamond will grow in price.

"Banknotes are just a paper product with constant inflation."

yes

DMD DIamond have inflation too

BUT

u get ur share of that inflation and ur share will be even bigger than the inflation
(because not all coins take part in POS/MN)

AND

the way DMD DIamond coin rollout in DMD v3 is designed is that it will constant decrease


so in fact for someone active take part in DMD there is no inflation in fact he increase his share of total coins constant
and still new produced DMD Diamond become more and more scarce

i might be wrong but to me that looks like a plan
and then add faktor 3 that we also work on services and app that will create demand and buypressure on DMD too

any coin spec we design have a reason
and the reason is to make each single DMD a little treasure in the future

1487  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Diamond (DMD) Evolution v 2.0 | Hybrid Security | 25% PoS on: April 29, 2017, 05:17:46 PM

I am not planing to sell the DMD I have or that which I am going to buy for a good while.

I think DMD can gain a market cap over 5M USD so the price will be 1USD or even much more.

Only then I would consider selling off most of my coins

But we will see  Grin

i think u aim low with ur sell goals
anything below 5$ per DMD  in 2020 i would see as a complete project failure

at 5$ i would sell to cover the invest
and keep the rest for find out how far it can go
just from time to time cash out some POS/MN income
never touch the base




1488  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Diamond (DMD) Evolution v 2.0 | Hybrid Security | 25% PoS on: April 29, 2017, 04:43:44 PM


What is cheap

yes u found the miracle question in the easy
"buy cheap sell high" plan

if u look at DMD u have to add another question
how many to gather
and when to start cash out

i understand the ultimate goal is to cash out and store ur earned wealth
but what if DMD is already one of the best places to store wealth and even earn interest?


1489  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Diamond (DMD) Evolution v 2.0 | Hybrid Security | 25% PoS on: April 29, 2017, 11:33:06 AM
More than 7K coins below 0.000515


nice

But for 2-3 days no one buys these thousands of coins



to me it looks like a try to keep prices low
who buy the wall open up the market and can enjoy a bunch of cheap DMD

or u leave the wall and join the game slow suck up cheap coins below it

in any case each DMD u can get cheap is a win



so just one lucky guy fill a masternode and all walls below 0.00055 are broken

1490  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Bitcore - BTX - NETWORK & BLOOM & WITNESS online - 20MB Core 14.0 on: April 29, 2017, 08:41:27 AM
Do you still develop BSD coin? Dev?

bitcore is indirect developed by bitcoin core team
because it just implement their bitcoin code improvements
without waiting years for a bitcoin mining pool dictatorship consensus

this is less time consuming than u expect for a skilled dev to take bitcoin core team work and implement it in bitcore
and this way make bitcore the ultimate productive test chain for what might come to bitcoin months/years later

limx_dev for sure keep developing any project he have commited himself too
so dont worry about BSD BitSend

the BitCore work will even have positive effects on BitSend because he can get in touch with newest Bitcoin mechanics
and evaluate them at BitCore and based on this choose if they get included in BitSend
1491  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Diamond (DMD) Evolution v 2.0 | Hybrid Security | 25% PoS on: April 29, 2017, 08:27:58 AM
i have heard dmdv3 will use xevan algo for pow.. is it true ?  when are you goin to roll out the v3 release ?

its true when its in at first release
but yes its now planed to use xevan algo for the POW part of hybrid blockchain security

whitepaper 13th june (4th DMD birthday)
wallet release  ~august thats the plan

Don't you mean July 13th (Diamond's 4th birthday). Diamond first block was generated on 2013-07-13 06:22:11.

https://chainz.cryptoid.info/dmd/block.dws?000002e9686a879460eb5497d51a99fa6d5cad4a9edabb5112bd915b7d2302fc.htm.

Also on DMD 3.0, is it possible to run 2 or 3 Masternodes and POS on the same wallet.



yes 13th july

each masternode is a own node (a own wallet)
a node can act as masternode and do pos at the same time
but u can not POS the masternode collateral 10000 DMD transaction
1492  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Diamond (DMD) Evolution v 2.0 | Hybrid Security | 25% PoS on: April 28, 2017, 06:09:59 PM
Another question please
The currencies currently are about 2000000 ... what is the inflation rate and how much will they be in the end?
Thank you

u can see that from the grafic in the answer i gave ya before

DMDv3 will start with ~25% inflation and inflation will after a little flat stage constant decrease and end at 1% even a bit below in like 10 years

then the daily produced DMD will be ultra scarce 100 DMD! (average 1500 DMD today)

theoretical we will reach our coin max of 4.38 million DMD in like 30 years
BUT the whitepaper will explain why we never will reach it
(hint: there will be a world first unique deflation feature explained in our whitepaper)
1493  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Diamond (DMD) Evolution v 2.0 | Hybrid Security | 25% PoS on: April 28, 2017, 09:01:27 AM
i have heard dmdv3 will use xevan algo for pow.. is it true ?  when are you goin to roll out the v3 release ?

its true when its in at first release
but yes its now planed to use xevan algo for the POW part of hybrid blockchain security

whitepaper 13th june (4th DMD birthday)
wallet release  ~august thats the plan
1494  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Diamond (DMD) Evolution v 2.0 | Hybrid Security | 25% PoS on: April 27, 2017, 10:39:35 PM
I'm assuming a MN will require not only the fixed IP (or known onion), but also some pretty decent computational power, right?

Can you give some estimate as to what the CPU/RAM requirements will be?

not at stage1
there be able run a node is enough performance
so even a raspberryPi could be a MN (1 GB RAM and enough HDD space to store the chain)

when later additional services will be added it might be possible additional requirements arise
but we also evaluate if such added services can be opt-in or mandatory for each node
if the services have extra fees it can be opt-in if offer service are part of the normal MN reward expectation
then each node must be able perform them
1495  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Diamond (DMD) Evolution v 2.0 | Hybrid Security | 25% PoS on: April 27, 2017, 07:00:55 PM
My last couple of important questions for now: 1) will the financial advantages of the MN's be much greater than just staking the same amount (I know it depends on the number of MN's, but generally speaking)?

yes even if 50% of total coins are active at MN and 25% of total coins are active at POS the MN will earn per 10000 DMD better
that 50% of total coins is a very ambitious goal and if less are in MN then the income per MN is even better
we did analyse the seesaw mechanics of pivx and our decision to not use it because the normal competition reward mechanics more then enough make sure there will always be MN and always be people compete to find POS blocks the rewards just crazy increase if not enough people take part that for sure DMD will find there way to where they needed
to keep up the POS part of hybrid security or to keep the MN in a very healthy range of nodes

Quote
2) What is the main benefit that MN's give to DMD (network security? funding? ownership incentives?)?

there is 4 main points

first they are 24/7 fullnodes with static IP (or known onion hidden service name) that means they build the backbone of block propagation and make find stable peers super easy

second they provide a peer to peer masternode network that enable to run masternode powered services
mixTX and quickTX are just the basic two more will follow

third they will become the backend part of the next generation of masternode powered light wallets
in that area DMD will try to adapt and launch the very ambitious dash evolution project towards the brand design of DMD
we not aim to compete in dash strong points against them but we utilize their technology adapted to our brand design to power our niche services

and fourth is keep DMD Diamonds scarce and a good storage of wealth solution with a income aspect the relative high requirement to run a DMD MN make people think twice before sell a part of their MN coins and lose access to the MN income stream. this added with POS which also remove coins from exchanges keep DMDs a hard time to gather and fullfil the task gather 10000 to start a masternode will be a real quest for glory. and one of the dash evolution parts we will add and which is powered by  masternode network will be a lightwallet savings option which basically means blopckchaintech secured u borrow coins to a shared masternode and get a part of the income (all the dash evolution based mechanics wont be part of initial release in summer)





1496  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Diamond (DMD) Evolution v 2.0 | Hybrid Security | 25% PoS on: April 26, 2017, 10:28:51 PM

Would I be able to double my chances with twice as much DMD in the same address? Let's say I have 1000 DMD. Would it be better to have it all in the same address, or split into 2 different addresses? Which would be the most profitable? And to what point would it be profitable to continue putting all your DMD into the same address?


same behavior in dmd v2 and dmd v3
automated split/merge work more efficient if coins are in one address
but beside that each transaction compete for itself
so the more transactions u have size 300-500 the better
and split merge mechanics will try get ur coins into that size by itself
it will even eat up MN reward dust and combine them into proper size if the wallet is configured that rewards are send to the POS address
(at DMD v2 its smaller there coin pile size is between 10-180 DMD and split merge mechanics more focused on coin age then coin size)
1497  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Diamond (DMD) Evolution v 2.0 | Hybrid Security | 25% PoS on: April 26, 2017, 04:48:12 PM


What are the settings for the parameter now?
changeaddress=


its a optional setting if u want all transactions change send to a certain address
i suggest use ur main POS address also as change address

Quote
If there are two addresses - MN and POS.
Now need to save 2 private keys, right?

u should always have a up2date backup of ur wallet.dat AND additional of or main addresses a backup of ur exported private key
but keep in mind everyone able access ur private key can access ur coins
store backup of wallet.dat at different local that normal wallet (not same computer!)
store private keys in non digital form on a secure location
maybe try find a system a bit more difficult to know what the numbers are than write on a paper dmdprivate key:   8gua79hJGjzhFG98hoioihkjgktGVjhgujh7klökjlizd4ik90hkjhg
it already help if u change the first number and write a wrong description

digital master data:   1gua79hJGjzhFG98hoioihkjgktGVjhgujh7klökjlizd4ik90hkjhg
broad telecom code: 7tGVjhgujh7klökjlizd4ik90hkjhgua79hJGjzhFG98hoioihkjgjk

someone who not really know what he can expect will never find out what this mean

but u know by the first letter of the description words its DMD and BTC

Quote
For coins that will be transferred to the MN address, the age of the coins is not important as for POS?
In other words, how to transfer coins without losses.

in DMD v3 coin age have no meaning at all regarding how migh rewards are
just a min age to a have a chance to mint again

Quote
For POS now it is necessary to keep a wallet 24/7 online? For many users it will not be very convenient.
this was a hard decision we did take not easy
more understanding about our reasoning u will get when u read our whitepaper (will be released 13 june)
1498  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Diamond (DMD) Evolution v 2.0 | Hybrid Security | 25% PoS on: April 26, 2017, 04:25:10 PM


What is the optimized pile size for staking?


same as DMDv2 DMDv3 will take care about split and merge by itself
no time consuming micromanagement with coincontrol needed

if ya ask a goal of coins where run wallet in 24/7 POS mode make sense at DMDv3 wallet
then i would say 300-500 DMD this should give ya enough POS "miningpower" to find a block every few days
1499  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Diamond (DMD) Evolution v 2.0 | Hybrid Security | 25% PoS on: April 26, 2017, 11:23:02 AM
MN and POS is this in one wallet? Or MN and POS in different wallets?
MN and POS can be active inside the same wallet yes
but the same coins can be only used as MN collateral or take part in POS

so example u have address1 and u did sen there 10000 DMD as a masternode collateral
and u have address2 where u have other DMD transactions

then address1 can be activ as MN and address2 can take part in POS

u will even have the possibility to choose all MN income will be automatic send to address2

Quote
For POS also need a static IP?
no (and even for MN not if u set up a onion hidden service)

Quote
how many approximately MN will bring DMD per month?
the income per MN deepens on how many MN are active (less MN active more often each MN get a payout)
same for POS on how much coins compete for finding POS blocks
same for POW on how much hashrate compete to find POW blocks
but in POS/MN case u can expect it to be higher then the annual POS rewards as we have now
(why? because now inactive addresses take part in coin rollout and later only active nodes take part in coin rollout
(same size cake less people to share the cake = bigger cake piece for each ))

1500  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Diamond (DMD) Evolution v 2.0 | Hybrid Security | 25% PoS on: April 26, 2017, 10:19:02 AM


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What's the best way join into DMD Diamond and DMD Cloudmining?

I suggest split it as follows:

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I am not a Registered Investment Advisor, Broker/Dealer, Financial Analyst, Financial Bank, Securities Broker or Financial Planner. The Information is provided for information purposes only. The Information is not intended to be and does not constitute financial advice or any other advice, is general in nature and not specific to you. Before using this information to make an investment decision, you should seek the advice of a qualified and registered securities professional and undertake your own due diligence. None of the information is intended as investment advice, as an offer or solicitation of an offer to buy or sell, or as a recommendation, endorsement, or sponsorship of any security, Company, or fund. DMD Diamond is not a regulated investment vehicle. DMD Diamond, like all crypto currencies, is experimental in nature and should be considered and treated with appropriate caution. There is no central point of control or representative entity, DMD Diamond is a distributed decentralized peer-to-peer currency and commodity. Consult a licensed professional financial advisor before making any investment decisions. I am not responsible for any investment decision made by you. You are responsible for your own investment research and investment decisions.
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