What will attract investors? Volume is very low
news in times between major releases there is not much news which result in opportunities to get hands on cheap coins you know as all successful investor knows the very basic of successful trading buy low sell high the difference between successful and not successful investors is to know when a price is low and when a price is high based on the longterm charts i would consider each DMD below 0.00060 as very low (for shortterm profits timerange a few months up to a year) for longterm profits i would consider each DMD u bought below 0.00300 as low the goal and one of the success criteria if we look a few years into the future must be at least 5$ each DMD and if BTC doesnt make insane jumps meanwhile that will be far over 0.00300 |
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What happened to this coin? The markets have been closed for nearly two weeks?!?
Is it dead?
Actually no its not dead, KR was attacked with 51% attack and now dev is trying to change algo of the coin for more secure Krypton. Wait till coin will be swapped after dev pays required fee to bittrex. You can actually contribute by donating few bitcoin to speed up this process, check slack. Coin swap? I thought they were going back to the ETH based chain as a fix was discovered that would allow them to stay on that. Is that not the case then? stay on eth origin code base improve POW security temporary with checkpointing longterm move towards ETH based POS or POI (see NEM for details) based blockgeneration and hopeful this way move KR into a industry first position ( first ETH origin coin which transfered to POS) thats what i hope will be the roadmap |
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hmm from 30 to 130 masternodes....... that change the profit calculation a bit but ok else it would have been wonderland   |
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i see here big synergies utilizing each others coins in the services we offer and this way create a win-win environment for us all here not blue fish eat red fish - red fish eat yellow fish - yellow fish eat blue fish let other coins and their communities fighting each other we know it better and use synergies and cooperation to create a blockchain based future economy with services that can be used by all serious crypto coins that take part  |
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Do you suggest cloud mining instead or staking in your own wallet?
What's the best way join into DMD Diamond and DMD Cloudmining?
I suggest split it as follows:
a) 50% on buying Diamonds directly
b) 50% in Diamond Cloud Mining.
This way I could achieve both maximizing the profit and stabilizing the coin.
Diamond Cloud Mining can earn Diamonds every day, those Diamonds stake with 25% PoS interest.
Some would call that Double PoS or simply PoSē (Proof of Shares and Proof of Stake). Step by Step guide how to buy shares is at FAQ section on https://cloudmining.bit.diamonds/ |
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Can someone give me an example of PoS rewards ? Say you buy 5k or 10k coins and stake it, what is your monthly reward aprox ?
If you use coin control, around 1 XMG every 10K coins a day. theoretic its like 5% but realistic its like 3% a year because only below 50% of total coins compete for POS the POS side of this coin is ultralow inflation of like 1.5% a year the very high inflation is coming from the POW side and its exploitable mining rewards system the only way to keep POW rewards low and stop inflation until joe fix it would be place high POW mininghashrate in so rewards stay constant low as long as people mine in waves the POW inflation is very high How exactly is pow exploited ? I'm new to this coin. XMG POW is unique in the idea that high network hashrate generate less POW blockreward the origin of that idea was to remove a arms race in mining gear and allow each normal dude with a single CPU in his PC take part in mining but clever people found out that there is a timewindow in the diff ajusting mining reward adjusting waves where diff is high and rewards are high too thats because the adjusting algorhytm of mining rewards reduction have a delay so what happens is big miners with botnets or access to company unused CPU capacity or even private GPU miners mine fast a few blocks with high rewards until rewards adjusting kicks in start to decrease the rewards then stop mining and the normal 24/7 miners have to mine the high diff low reward blocks this leads to a big share of POW coin rollout goes into hands of few who mine in waves and the many 24/7 miners have to mine the low reward high diff blocks alone i trust in joes abilities to fix POW and come closer to the original vision |
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Can i get a tldr of whats goiogn on here lately?
is there a coin swap or just a new algo because kr was hacked.
please someone fill me in.
i sold my kr , i dont like hacked coins , it is bad for investors the coin was not hacked a doublespend happend because of a weakness in ETH code base which only affect exchanges that didnt add increased deposit/withdraw confirmations a higher amount of required confirmations would have made all doublespends impossible if u wana blame someone blame ETH devs KR devs are fixing that weakness temporary with a checkpointing system longterm i hope the develp the first ETH codebase POS system as a industry first that exchanges didnt have long enough confirmation waiting times was the other problem again there was no hack but exploit the exploit did hit exchanges and not peoples and i think thats the topic of the negotiations now how to reduce the loss of exchanges who basically allowed deposit and sell of a incoming KR transactions that did in fact never happend legit |
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september 2014 total existing DMD ~ 500k price each DMD ~ 0.06$ september 2016 total existing DMD ~1700k price each DMD ~ 0.30$ so much regarding coin rollout affect coin value....... and now add that in that 2 years 2015-2016 u increased ur amount of coin just by POS by ~85% DMD was for that timeframe one of the best possible wealth increasing storage solution example:
u bought 1000 DMD sept 2014 at 0.06$ each = value 60$
u have sept 2016 1850 DMD at 0.06 = value 550$ now lets look forward 2016-2018 if u belive in the saying "history repeats" get hands on some DMD or increase ur existing DMD Diamond portfolio could be a great idea! why u might ask we start compare from september 2014 whats special on that date? thats when we started DMD CLoudmining the supportive buypressure creating project that generated people who take part already payouts of close to 160k DMD https://cloudmining.bit.diamonds/ |
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that little block explorer database concept you mentioned is exactly what txleveldb provides metadata for. PoS wouldnt actually be possible without it. the txleveldb already keeps track of the metadata for every transaction in the chain because it is used for metadata about the blocks in the chain. anyone who downloads the chain already has every transaction for every address, they are stored on your computer whenever you sync a block. you just normally dont care about anyone elses transactions except the ones that involve you. so it is fully possible to look up someone elses addresses balance with everything in the wallet as it is, you just need to make the function to do it.
this is clear to me that the local copy of the blockchain know any transaction and so u can find out the balance of each address but can u imagine how much load it create to calculate a address balance make a importprivkey and u know it its over 1 min for a single address in fact its a whole chain rescan that why i said u need a additional database with better index optimized for searching maybe only store transactions of registered flynodes i would listen to limx dev a normal masternode system flat POS block rewards and split reward between POS minter and masternode thats a save path to a working system the other path could create something new but its very uncertain u able u achieve it to me it looks far more complicated to make that vision of flynode happen then teh antidump features where and we know all how that experiment endet |
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there is people asking us how dmd cloudmining can generate payouts
even if nearly all but the newest generation of mining gear is running unprofitable this days
the answer is easy DMD Cloudmining dynamic place and shift value between different kind of payout generating crypto investments
and thats not only cloudmining hashrate its also staking coins and crypto lending and similar investment
and additional we have the regulary DMD reaktor payout that give sweet bonus payouts to DMD cloudmining shareholders -------------------------------- DMD MULTIPOOL / DMD CLOUDMINING
Visit us: cloudmining.bit.diamonds
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yes thats ~15% of total coins!--------------------- 
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All accounts who didnt reach ROI 100%
will be boosted with x5 sharepower!
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(https://cloudmining.bit.diamonds/ log in with DMD Address and activate settings area to enable buy shares mode)
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NO Heat
NO Noise
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NO Quickly decreasing mining rewards
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(additional DMD Cloudmining shares qualify for DMD Reactor payouts!
Visit us: cloudmining.bit.diamonds
terms & conditions Terms of Service
for questions Email us: cloud@bit.diamonds What's the best way join into DMD Diamond and DMD Cloudmining?
I suggest split it as follows:
a) 50% on buying Diamonds directly
b) 50% in Diamond Cloud Mining.
This way I could achieve both maximizing the profit and stabilizing the coin.
Diamond Cloud Mining can earn Diamonds every day, those Diamonds stake with 25% PoS interest.
Some would call that Double PoS or simply PoSē (Proof of Shares and Proof of Stake).Step by Step guide how to buy shares is at FAQ section on https://cloudmining.bit.diamonds/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.-------------- -------------- Just in case someone missed this now DMD Multipool mining become easy for everyone! Working on Nvidia AND AMD based cards! |
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I will post my opinion about FlyNodes. I really like the idea and sure it will make FLY price grow. Buuut I still remember Vegasguy's saying "Help the little guy", it was in the old thread. To be honest, I don't know if such a rule is still in force, but in my opinion, FlyNodes WILL NOT help the little guy. "Little guys" won't receive anything while those who had a lot of coins before implementing this amazing feature will get even more. I will try to do some math. One FlyNode costs 500 coins. Right now (12.09.16 23:10 UTC) on Yobit, 500 FLY at the sell side are worth about 0.34391704 BTC, I will round it to 0.34 BTC. Now, I open random FlyCoin address from Block Explorer's richlist. I don't know who owns it. If we look on transactions associated with this address, we can see that this wallet does POS Mining. I didn't calculate a lot, but the average reward is 0.6~0.9 FLY, I will round it up to 1 FLY. Masternode reward is 5% of the POS reward (I hope I understood it right, otherwise my math is wrong and not worth of further reading). 5% of 1 FLY is 0.05 FLY. Now lets imagine that market is stable and the buy price is at least 55k sats.The minimum (without additional 200 FLYs) reward is going to be 2750 sats. I opened the source code of GitHub to check out the maximum block time, it is 10 minutes. So the minumum is (60 / 10) * 24 = 144 blocks per day. Lets assume that "when choosing the recepient of the masternode reward" everyone is equal, a guy with the bigger wallet won't have more chances. So, for example, there are 50 masternodes. Chance of me getting the reward is 1/50 (2%). Lets assume that the guy who owns that POS wallet sets up (6794 (wallet's current balance) \ 500) = 13 nodes + some chenage for an ice cream  Let these 13 masternodes be a part of the total masternodes of the network, so the chance to get a reward is 13/50 (26%). With this probability, I imply that I'll receive 26% of the daily rewards (144 (min blocks/day) * 0.0000275 (price of the one reward) * 0.26 (chance)) = 0.0010296 BTC/day min. So, such amount of masternodes will be profitable after (0.34 * 13 (masternode price * masternode count) / 0.0010296 (BTC per day return)) about 330 days. 330 days even for the rich guy like whom wallet I used for doing math. A poor, *cough* I mean "not so rich", guy like me who can't afford even 1 masternode at the current price will rely on POS rewards (for me, an estimated reward time is 450 days lol), but anyway the richier holders will receive a share of them. I am *sure* that there IS a mistake in my math, so I'd be glad if someone corrects me. Here is how I proved that the "lower class" will receive nothing but the rich people will benefit just more and more, however such process will be slow anyway. not less is more more is more this new system would create one source of demand and that is greed can work if that fit to the former message of the coin "Help the little guy" is a different story...... |
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How do the other nodes verify the balance of the masternode that was selected?
- It would do it the same way it verifies the balance of any address, the functionality is actually already built into the wallet. it just needs the list of addresses to get a total from. thats why the list is part of the CMasterNode class.
i think thats the tricky part u dont check balances of other addresses on normal bitcoin based wallets u check just single tx which are involved in a transaction so if someone send coin u know if he is the owner of that coins because he was able sign with correct key and u can check that this tx he use as input is really unspend until yet but u have no idea whats his wallet balance is to do this u would have to know all his incoming and outgoing tx and not just the few that are involved in a transaction but if u say u have a solution then im looking forward to see it work the only solution i see would be 1. each node is a little blockexplorer writting a database that constant track balance of each address 2. u try implement some stuff from miniblockchain (i think cryptonite is the only coin using it and its still in beta stage since forever) they try to keep a balance of each address stored in the blockchain in a way that in theory u never need to sync more than 10000 blocks and u know the correct balance of each address both paths seems to be very complicated but im no coder and have just a small limited knowledge about how blockchains based on bitcoins are working maybe im total wrong |
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Can someone give me an example of PoS rewards ? Say you buy 5k or 10k coins and stake it, what is your monthly reward aprox ?
If you use coin control, around 1 XMG every 10K coins a day. theoretic its like 5% but realistic its like 3% a year because only below 50% of total coins compete for POS the POS side of this coin is ultralow inflation of like 1.5% a year the very high inflation is coming from the POW side and its exploitable mining rewards system the only way to keep POW rewards low and stop inflation until joe fix it would be place high POW mininghashrate in so rewards stay constant low as long as people mine in waves the POW inflation is very high |
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Thank you, So i can just stake the coins by leaving wallet open? what is cloud staking?
here all info about DMD v2.x POS meachnics https://bit.diamonds/community/index.php/topic,127.0.htmlits strong suggested u encrypt ur wallet so if u keep ur wallet running in unlocked for minting only mode no one who have access to ur computer who dont know the password can spend ur coins cloudstaking is if u trust a 3rd party to stake ur coins this is similar to trust a bank and get interest just banks should be high regulated and need a licence cloud staking provider its a trust relationship between u and them so select carefull or stay staking ur coins urself (which is the suggest way why hand ur coins someone else if u can do the same urself without fees and just trust ur own abilities to not lose ur wallet.dat backup or ur dump of private keys) and last but not least there is DMD Cloudmining which i explain more in the next posting |
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So ive been mapping the next step for fly, and I think what you are about to hear will blow your mind!!!!!!!!!!!!!!! Its so unique , I cant tell you how excited I am. The crazy Ideas I come up with. So Initially I wanted a multi tier masternode. But even though that was very unique, I have something that is so unique, it might actually pave the way masternodes operate. Ok here goes... The minimum to get a masternode reward is 500 fly. Dash picks random masternodes and rewards that masternode 40% of the block. Our masternode system will also choose a random masternode each time. So each block it will select a random masternode and pay a reward based on your balance. Our version of the masternode, will NOT require you to collateralize your funds. So, youll still get your POS rewards, and should you be chosen by the masternode system, youll get an addtional reward based on your balance. The initial 500 fly will reward you 5% of the POS block , if you are chosen. Each 200 fly that you hold in your wallet will reward you an additional 1% masternode reward. The max reward is 50% of a block. To get that 50% is 9500 fly. You can even have your balance in many different addresses in 1 wallet without a penalty. It checks the balance of every address in your wallet and totals them. So in simplicity, you simply hold a minimum of 500 fly to get additional masternode rewards. No collateral required, nothing needs to be locked. You then add 200 fly to get an addtional 1% over time. Ive been speaking with Griffith for the last 5 hours and he has confirmed this can and will be done. Possibly 2-3 weeks from now I think this system is so unique, there is no question many will adopt it, and it started here! Vegas this i doubt its imppossible for a wallet to check balance of another address only explorer who scan blockchain in a special way are able know the balance of a address that u dont own so if u take this in account the check how much coins someone have and based on that increase his stakerate can be done just local and not verified by other nodes which is a pandora box u dont wana open additional u cant call a bonus stakerate system a masternode system (masternodes not only generate a extra income it also make ur node offer services to the network in case of dash the support in anonymous transactions) the way masternodes are working is build around a colateral TX because thats the only way other nodes can verify it they dont know the balance of a other address but they can check a tx if it still have the coins in it unspend i would wonder if griffith find other ways to do this |
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How isn't the 25% yearly amount making he price drop? Everyone is hoarding? If everyone is hoarding then one day they will all decide to dump and Dmd will be worthless? I'm just asking because I'm thinking of buying some coins
how 50% didnt make the price drop? understand that here at DMD Diamond we use POS as coin rollout mechanism but in a way that guarantee constant decreasing inflation in a over 30 years coinrollout timeframe many hyperinflation coin failed in the past but DMD isnt hyperinflation its constant decreasing inflation once we reach 2.5 million total coins the POS rate will decrease not instant to 5% as listed in the outdated coin rollout pictures but instead in a curve from 2.5 million total coins towards 3.5 million coins from 25% towards 1% so investing now in DMD give ya far over a year 25% POS and even then in the first few years high interest DMD Diamond by design is designed as storage of wealth solution so as u call it hoarding is the designed way to use it everyone and the DMD Diamond Foundation at first know longterm attached services and apps that can be utilized with DMD is the path to success and that is together with development of DMD 3.0 what we are working on if u see DMD as a way to gather BTC u are wrong here if u see DMD as a way to have alternative ways to grow ur wealth then we share the same vision we are still in early adopter coin rollout phase and the reason prices stay very stable since years is because people know the POS rain of DMD wont be that big forever and diamonds will be scarce and valuable in the future typical DMD Diamond investors think in multi year timeframes and not weeks or months if thats your mindset u will find a family of like minded people here that try build something great together |
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All links on OP updated to current v2.4
I think my best bet to find a dev that has vast knowledge in masternodes is to pm them. The coins that have fully working masternodes are the devs I seek.
Ive already Pmed Transfer coin a couple of days ago, and he has not responded yet.
Can you guys give me some names of some other coins that have good working masternodes? I wont bother with Dash, because Im quite sure they wont respond.
Vegas
https://github.com/Infernoman/Transfercoininfernoman steve know him he did help europecoin for some project |
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The return isn't enormous and the weght decreases over time so you have to use coin control to increase the weight again (its discussed in the last two pages), also look out foe the rc version of the wallet its much better. The link to the source/binary is in the first post of this page.
If you have any questions about the coins there are tons of people who can help you on here.
The return isn't enormous - TRUE the weght decreases over time so you have to use coin control to increase the weight again - FALSE use the newest wallet version adjust the split/combine values as it fit to ur ammount of coins and enjoy zero micromanagement 24/7 staking the only reason XMG is not one of the best hybrid coins is the imbalance between network supporting POS node rewards and instant coin dumping POW coin diff coin reward exploiters (reward decrease slower than diff raise means if u mine in waves u can get high reward with very high hashrate once rewards small u switch on another CPU coin and the small hashrate normal miner later have to mine the high diff low reward blocks....) once joe fix this future is bright |
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thx for share ur plans via PM!
i hope the time will come soon u can share them public
very promising coin!
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ENRG price's up. Now I'm getting more reasonable rewards from staking.  Invest now 3 BTC for 1M ENRG and that gives you 3,3% profit on year basis only stake rewards. I think 3.3% poS reward and the change for much higher exchange levels is not a bad investment! 3.3% POS is not what attract me to the coin its the potential future usecases ur plans in set up a network of IoT devices managing a house engergy production and energy consumption and utilize ENRG as a currency inside this community to trade energy and added services i want to hear more about ur plans in that area |
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