OK. Then let's make GroestlCoin the parent. To reasons: GroestlCoin had the first Groestl algo implementation, so it makes sense. Also, it means I don't need to make any changes to GRS wallet :-)
Topping up my bounty offer to 50,000. Now that's 100,000 GRS!
Thanks
someone teached us first coin with groestl algo was myriadcoin........ https://bitcointalk.org/index.php?topic=580725.msg6411448#msg6411448really if it doesnt matter what coin is parent and which one is aux hashing we should choose by decide in which code its easyer to implement and the non change wallet reason is poor.... but the increased bounty is welcome  |
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Much more worthwhile than Peercoin and Novacoin
we have high respect of this both coins they are the first POS coins and our anchestors back in the time diamond was just a clone of them and standing in their shadow with diamond evolution we try to change that but still they are our roots and we owe em respect |
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i dont care who is parent blockchain as long as hashrate do the work to secure network on both networks but im afraid its much easyer to implement if diamond is the parent because we have POS too and it could be trycky doing it the other way around but basical i dont care i just wana add value to both coins |
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wow now even samurai supporting nothing can stop us  |
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im not talking about coin switching im talking about merged mining one miner that mine 2 coins at the same time like bitcoin and namecoin litecoin and fusioncoin i want diamond and groestlcoin mining hashes created are counting for both coins merged mining https://en.bitcoin.it/wiki/Merged_mining_specificationi think u should see that as an additional promotion and value added to your coin (and ours) me paying a bounty for it is only a little bonus |
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im offering a 50000 grs bounty for a merged mining implementation
where diamond(with groestl algo) and groestlcoin can be mined simultanous
including support implrment the merged mining code into diamond
and adaption of dmdpool towards merged mining
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I think this coin is totally underestimated. I'll probably buy some before it reaches 400,000 and we'll see if it skyrockets after  u know the problem with low total coin amount? whoops noone selling and u cant buy... or only buy at an insane pricejump the time to buy in is now if u ask me joining when value is at 0.005 will be most likly grant a win in future too but u left behind a x5 multipier in your successstory dmd focused only on cryptsy so if there no coins to buy u cant buy somewhere else we even stopped to promote mintpal voting up coin because we know they have to add us anyway if we have success same as they did with noblecoin old stable coins like us just deserve to be listed at every major exchange its not like dmd would be a oneday fly or a threeday fly (little cinni joke  ) our coin is in this fast paced time a methusalem of crypto already  |
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whats with people on waiting list?
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Q:whats coinage? and what happens when u activate mint mode in wallet: A: every day diamond are in your wallet they gather coinage.
example 100 diamonds with age 30 days are 3000 coinage
as long as u dont transfer the diamonds
or trade in the coinage into POS (proofe of stake) rewards (=activate wallet mint mode) this coinage gathers up endless.
after u have gathered at least 30 days coinage activate the minting mode of ur wallet will trade in coinage for POS rewards.
the ammount of POS reward depends on how much coinage u gathered up
and whats the actual pos reward setting on network (check coin spec describtion for details (stage1 50% stage2 25% stage3 5% stage4 1%) |
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I think that now, many investors are undecided, because nobody knows how to behave in the network after the block 400,000 with new algorithm Grøstl
thats always good for investors who are faster with their decisions |
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this was always one of the most undervalued coins out there.
i like the name above most others.
Hey, what do you think of DMD can develop to the price my guess 0.0008-0.0012 pre wallet release 0.002-0.004 in the time with new wallet but pre first 50% POS trigger 0.005+ after 50% POS and groestl algo mining starts longterm much higher once other stuff revealed that we cooking in our thinktank kittchen |
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i still like this view most http://www.cryptocoincharts.info/v2/pair/dmd/btc/cryptsy/1-monthbut i guess opinions are different or we all would just eat one kind of meal and one type of drink last month graph show how the initial spike up to 0.0015 stabilized at 0.00080-120 which is stable 300% compared to pre announcement the orderbooks show that below 0.00120 only small ammounts dmd avaiable conclusio: early investors bought their share once price did stabilize the sell orders didnt fill the gap this is a clear signal that not many make the signal to sell their diamonds so low most diamonds coming in at this low are endless running miner with autosell who didnt even realize the just make a mistake by selling dmd in my opinion there can be only one reason to sell pre 0.005 -> try to increase diamonds by trading a dangerous business i alwas suggest move away diamonds from exchange and go into holding mode if u wana be on the save side thats the way and its the only way how u gather coinage for upcoming 50% POS rewards remeber every transaction destroys total coinage of involved coins! and u cant earn POS rewards from coins on exchange |
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HOT NEWS breakthrought from developlment team test of scrypt->groestl algo switch at hardfork trigger in testnet:
run wallet and mining use scrypt miner until hardfork triggered
then all scrypt mining got all reject at fork
switch to groest miner and i creates accepted blocks
close wallet then open again without problem
then delete data
start wallet again and let it sync, wallet syncs well
get all data
and pos is happening too so stay on original release plan is very likly now but still we invest more testtime to make sure everything will go smooth transition at hardfork update: it was additionally required to remove the wallet integrated cpu miner ability to solomine with gpu will require pre fork a scrypt and after fork a groestl combatible seperate miner a price we easy pay all seperate miners beat wallet miner performance anyway |
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How are the old diamond coins?
How to understand your question? DMD first apperad in July 2013. They are fine. Choose the best answer i guess he ask what will happen to diamond of pre 2.0 as answered already on first page all diamonds u own old wallet will be in new wallet too but its required u update before first coin spec change trigger is activated (old wallet will be instant async with main blockchain and all further transactions mining and so on is invalid and invisibile in official diamond wallet) |
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oh shit my wallet is crashed i lost all my coins.Oh no man my hard disk is failed.what to do please tell me
joke right? even a pc explode cant kill ur coins ur coins stored in the blockchain the network know where the coins belong too but u can lose ur key to legitimate u as owner of this coins (wallet.dat) everyone with minimum ahead thinking have backup from all his wallet.dat at a save location ideal multiple backups |
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core team focus on upcoming release meanwhile brainstorming in other areas not stoping one idea was to create a new type of cold storage which would in my opinion look great as a present to someone u love  (just design idea) wana give creative input? here is the disscussion: http://dmdcoin.net/forum/index.php/topic,8.msg1362.html#msg1362to support cold storage idea we will most likly change max coin age in 5% era to 360 and 1% timeframe to endless what u think about this? |
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nice pricedrop i did add 30 000 000 more ECC to my wallet please sell more im riding the POS wave and i enjoy it MINTCOIN ZEITCOIN ECCOIN CINNI and last but not least i prepare for the great DIAMOND! |
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i did mine cinni 2 days with 7 mhash sold todays for 7 BTC..... so basical every gpu was able create its own value in 2 days that i call ROI this days u cant get any lazy profit from gpu mining u need to research active what to mine at which time.... an alternative could be switching to power saving coins like x11 or groestl btw.... diamond switches to groestl algo soon too and might be interesting for u https://bitcointalk.org/index.php?topic=580725.0 |
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I see Grøstl pools listed on first page... I can mine Grøstl now?
no after first coin trigger is reached (we aim at ~400000 coin for that trigger) scrypt will be deactivated and groestl activated for now u can dig for diamonds only in the scrypt mountains |
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