DNotes 2.0 - Staking, CRISP Interest, DNotes Pay

[Vingge]

Greetings everyone. What is total supply of Dnotes and what do you think about PoS on Dnotes?

[DNotes]

https://dcebrief.com/the-ico-conundrum-a-challenge-beyond-the-sec-mandate/

[DNotes]

HAPPY NEW YEAR DNOTERS! The price rising very well.Thanks DEV team you are great!

Happy new years MECHETO!

[DNotes]

Greetings everyone. What is total supply of Dnotes and what do you think about PoS on Dnotes?

Welcome Vingge, the total current supply is around 130 million
https://chainz.cryptoid.info/note/

Our next upgrade, DNotes 2.0, which we will have a 1:1 coin swap will be POS. POS is better aligned with our philosophy of shared stake, those that have an invested interest in the coin will benefit the most. Additionally, on top of the staking reward structure, we will have CRISP built into the blockchain reward system. Those who store their coins for 30 days or more in the same wallet will earn .166% (2% annual with monthly compounding), and those who store their coins in the same wallet for 365 days or more will earn 4%. As a result there will be no cap in DNotes 2.0.

[AlCamus]

I have read through a lot of postings yet and I am really impressed by those believing and holding DNotes all the time. Since last year I am in DNotes as well and I would like to know, in what way - perhaps just for marketing reasons - DNotes could be related to Ripple? As I understand, DNotes is not only about a payment system but a whole ecosystem including its own bank. In a way, Ripple also bridging the gap between centralized institutions ... on a centralised blockchain tech.

[MiningHabit]

Same to the DNotes team and the entire community.

2018, for me, is going to be a year of personal transformation. First up, winning my bet at healthywage.com. I signed up to lose 20% of my body weight, and attached enough financial incentive to the goal that it will really hurt if I don't get there.

Here's to a great start to that and everyone else's 2018 goals for personal and professional betterment.

It always makes me happy to hear that someone I like hearing from is taking action to improve their odds of being on the planet longer and participating in it more. (I'm assuming that you have objective information that this is excess weight).

I really like it that you've found a way to gamify and enjoy the process. So I'm wishing you more than success with this venture, I'm hoping it brings lots of fun as well.

Yeah, I really liked the concept when I first heard of the site. Studies indicate upwards of a 40% increased chance in hitting goals when a financial incentive is there.

It will definitely be a lot of fun; I enjoy fitness. But every year the past 10 years since having kids, I seem to get just a little bit fatter. I've run 6 marathons the last 10 years, with my latest coming late last April. But my BMI technically puts me just a hair over obese. I lovvvvvve running, but it's not conducive to fat burning since that is best for exercise that is 110-120 heartbeats per minute. My trouble is that I motivate myself by saying "Im gonna running a marathon in 9 months." Then all my training focus is on that. And it's really only during the first few weeks of plodding along that I'm doing much fat burning. But I can't stay in that paradigm, since I have to start building towards the race.

So, I feel like the financial incentive/gamifying will take the place of the marathon as motivation...and allow me the mental freedom just do 60-90 minutes a day of walking on a treadmill, without the pressure of feeling like I need to get to the next level asap for an upcoming race.

Anyhow, this is going to be an amazing year.

What's everyone else's top self-improvement goals for the upcoming year? How about you TM?

Okay you've both inspired me to and made me think about it, so here goes…
I don't have that button that fires off on new years because we're at the same point around the sun as we were last year. I've rarely started and only once finished a new year's resolution. That one that I did was to stop me being so damn emphatic. So I removed the word 'is' from my vocabulary for a year.

This year:

• I'm doing a yoga retreat in March and walking the 600km Camino de Santiago in July. So getting closer to touching my toes is on the cards.
• Mentally; I'm aiming for at least two 10 minute sessions of meditation a week.
• Skills; I'm learning python and experimenting with writing AI code.
• Creative writing; Proofread and edit my novel "Demon Spawn Goes to High School"
• Commercial writing; Try my hand at writing scripts/screen plays for short Youtube videos.
• Emotionally; I'm working on being more present when feeling hurt or in trouble.
• Musically; I'll be focusing on the ocarina because I just bought a new one that is an octave lower and easier on the ear.
• Languages; Khmer is a long term project, but I'll add some Spanish in this year, I bought the Language Hacking Spanish book.
• Artistically; sadly I don't think I'll have time to keep learning the 3D software Blender this year.
• Charity/Social; I still believe that nearly all of the little fires that everyone spends their energy trying to put out, would all go out on their own if we banned all forms of donations to political parties accept personal donations capped at a level where the majority of the population would donate, like $20–$80. So that will continue to be my battle.  

That was worth spending the time thinking about, MiningHabit. And because of this, I'll probably stay more focused on it and get better results by the end of the year. It was a good exercise, so I'll quote you to end this:

What's our top self-improvement goals for the year? ... edited as per Alan's excellent suggestion.

You're my brother from another mother. I started up a yoga practice about 2 years ago. And it was amazing. At $89/mo, the local studio got to be too expensive. But the 14-16 months I was going regularly were amazing.

And I'm right there with you w.r.t. writing AI code. I really wanted to get deep into this stuff last year, but my hobby time was spent on building and maintaining a mining rig, as well as building out various crypto investment decisions. With mining winding down, and my crypto trading on autopilot, it's time to go back to this. Especially now that the whole thing has been demystified for me a little bit. We are building machine learning models for our computer vision stuff. And it's been really fun listening to my new Israeli colleague describe her struggles building a machine learning model to put inside a part of our code.

It's magic, but no more magic than mining. In fact, I was bemused by hearing her mention some of the registry and virtual memory tweaks she needed to make to get the model made. Literally the same things I was going for my mining rig!

I'm thinking of doing the Johns Hopkins specialization on Coursera. But maybe that's too deep. Like with mining, maybe it's best just to dive in and learn by doing.

I really like your creative goals too. One thing I know I need to do a lot more of is processing/journalling out my thoughts and experiences. Life is coming at me so fast that I don't spend a lot of time processing, only doing. It's a source of a lot of anxiety, and I know that focusing more on mindfullness and high level end-of-day processing will be massively helpful here. You seem to be tracking right along the same lines....

Thanks for the spreadsheet link. I think I'm going to mod that a bit and use it myself. Thanks a lot for sharing it!

[Dyna]

I have read through a lot of postings yet and I am really impressed by those believing and holding DNotes all the time. Since last year I am in DNotes as well and I would like to know, in what way - perhaps just for marketing reasons - DNotes could be related to Ripple? As I understand, DNotes is not only about a payment system but a whole ecosystem including its own bank. In a way, Ripple also bridging the gap between centralized institutions ... on a centralised blockchain tech.

Thank you for your support, Alcumus.

In business as well as in life, it is wise to recognize that greatness prevails not by individual efforts alone but through the efforts of many working together. We all have our strengths and weaknesses. At DNotes,  we always focus on our strengths and humbly include others to compliment and build on our strengths. To that extent, DNotes could be related to Ripple as a strategic partner in the future. As of now Ripple is just one of my small investments dating back to early 2014.

Ripple is not a pure decentralized entity but one of the earliest to recognize the power of the blockchain in the transfer and settlement of currencies and assets of value around the world between parties in a fast and efficient manner. In terms of a global payment and settlement system, they have done an amazing job. Being managed as a business with centralized leadership they have achieved remarkable success in working with major banks and corporations around the world.

One day, as part of our fully integrated ecosystem, we will have our own exchange, bank, partner-banks and global payment network linked with other networks. I envision that our system will be designed to always use the best route and means in getting the best exchange rates for our customers in the most efficient and expedient manner. I believe that Ripple will be a part of that equation.

Compared to Ripple, DNotes is casting a much wider net. Strategically, we have a strong focus in building a trusted brand and very committed to mass acceptance of DNotes in global commence. To that extent DNotes must one day be conveniently accessible to everyone, including the corporate world and females. By definition, mass acceptance should mean that no one is left behind; including those with little means today. Meanwhile, education and getting the words out in the most informative manner is important to us.

[DNotes]

The ICO Conundrum: A Challenge Beyond the SEC Mandate

https://dcebrief.com/the-ico-conundrum-a-challenge-beyond-the-sec-mandate/

Republished on: Irish Tech News, popular Fintech / Tech News resource in Ireland.

https://irishtechnews.ie/looking-beyond-icos-dnotes-global-offer-capital-formation-in-a-different-way/

[Dyna]

The ICO Conundrum: A Challenge Beyond the SEC Mandate

https://dcebrief.com/the-ico-conundrum-a-challenge-beyond-the-sec-mandate/

Republished on: Irish Tech News, popular Fintech / Tech News resource in Ireland.

https://irishtechnews.ie/looking-beyond-icos-dnotes-global-offer-capital-formation-in-a-different-way/

That is an excellent article Alan!

Thank you, Chase.  I am glad that you like it. Wish I can still find more time to write. We are putting in an insane number of hours each day but delighted to be making great progress. Thanks for all the support we are getting behind the scene.  

[MECHETO]

Greetings everyone. What is total supply of Dnotes and what do you think about PoS on Dnotes?

Welcome Vingge, the total current supply is around 130 million
https://chainz.cryptoid.info/note/

Our next upgrade, DNotes 2.0, which we will have a 1:1 coin swap will be POS. POS is better aligned with our philosophy of shared stake, those that have an invested interest in the coin will benefit the most. Additionally, on top of the staking reward structure, we will have CRISP built into the blockchain reward system. Those who store their coins for 30 days or more in the same wallet will earn .166% (2% annual with monthly compounding), and those who store their coins in the same wallet for 365 days or more will earn 4%. As a result there will be no cap in DNotes 2.0.

NO CAP ANYMORE??
I think that whoudnt be good for the price because the value of the coin will be lost
That realy concern me and i think to move out

[MiningHabit]

Greetings everyone. What is total supply of Dnotes and what do you think about PoS on Dnotes?

Welcome Vingge, the total current supply is around 130 million
https://chainz.cryptoid.info/note/

Our next upgrade, DNotes 2.0, which we will have a 1:1 coin swap will be POS. POS is better aligned with our philosophy of shared stake, those that have an invested interest in the coin will benefit the most. Additionally, on top of the staking reward structure, we will have CRISP built into the blockchain reward system. Those who store their coins for 30 days or more in the same wallet will earn .166% (2% annual with monthly compounding), and those who store their coins in the same wallet for 365 days or more will earn 4%. As a result there will be no cap in DNotes 2.0.

NO CAP ANYMORE??
I think that whoudnt be good for the price because the value of the coin will be lost
That realy concern me and i think to move out

Ethereum, for example, also does not have a cap. Hasn't seem to hurt its price   

[MiningHabit]

I have read through a lot of postings yet and I am really impressed by those believing and holding DNotes all the time. Since last year I am in DNotes as well and I would like to know, in what way - perhaps just for marketing reasons - DNotes could be related to Ripple? As I understand, DNotes is not only about a payment system but a whole ecosystem including its own bank. In a way, Ripple also bridging the gap between centralized institutions ... on a centralised blockchain tech.

"In the depths of winter I learned that within me there lay an invincible summer."
- Camus

Nice screen name!

[Dyna]

Greetings everyone. What is total supply of Dnotes and what do you think about PoS on Dnotes?

Welcome Vingge, the total current supply is around 130 million
https://chainz.cryptoid.info/note/

Our next upgrade, DNotes 2.0, which we will have a 1:1 coin swap will be POS. POS is better aligned with our philosophy of shared stake, those that have an invested interest in the coin will benefit the most. Additionally, on top of the staking reward structure, we will have CRISP built into the blockchain reward system. Those who store their coins for 30 days or more in the same wallet will earn .166% (2% annual with monthly compounding), and those who store their coins in the same wallet for 365 days or more will earn 4%. As a result there will be no cap in DNotes 2.0.

NO CAP ANYMORE??
I think that whoudnt be good for the price because the value of the coin will be lost
That realy concern me and i think to move out

We all should make our own investment decision based on our comfort level and risk appetite. As a rule, never invest more than you can afford to lose in case of a total loss.  

It is a good practice to maintain a balanced investment portfolio and not put all your eggs in one basket, no matter how promising it looks. Additionally, it helps to gain a good understanding of the business model applicable to the specific investment. I generally would take the “highway” and move on if the business model is not cohesive, incomplete, or one that I do not understand. Unfortunately, many of the offerings in our industry fall under this category. That is a little troubling.

The current DNotes model is capped at 500 million, which will not max out for generations as a Proof of Work (PoW) coin. Moving on, DNotes 2.0 is a Proof of Stake (POS) coin. It is best suited in the fulfillment of our commitment to encourage long-term savings and making it accessible for everyone to participate in the most meaningful and rewarding way. This model is pro-savings and pro-stakeholders’ interest verses getting rich over-night. It is consistent with out long-term push for DNotes to gain mass acceptance. Most importantly, it will work just as well today, as it will 500 years from now.

We have no doubt that this model, coupled with DNotesVault and our fully integrated ecosystems, will be proven to be far superior for our stakeholders than other models more tilted towards speculative trading. In addition, DNotes Global will be a significant contributor to DNotes intrinsic value. Our cross-ownership model will also be beneficial across a board spectrum collaboration and partnerships using DNotes as the digital currency of choice.

Edited for clarification per request:

“No Cap” may be misleading. The rate of growth is actually capped, based on the issuance of new DNotes for payment of staking reward (2% per year) + monthly CRISP reward (1.66% every 30 days or 2% per year) + annual CRISP reward (4% every 365 days.) The annual total is approximately 8%. That is the annual growth rate and in proportion to your ownership of DNotes, if you participate in full. If we cap it there will be a time, generations from now, we will not have the DNotes to support this program. Consequently, the reward program will end or corrected with a new fork, which can be challenging as we have seen with Bitcoin.

I am heading off to a meeting as part of my search for Board members and Board of advisors. I encourage our community to continue the discussion and further clarify this important matter. We are always mindful of the best interest of DNotes' stakeholders. Thanks.

[DNotes]

http://dnotescoin.com/dnotes-global-inc-ceo-alan-yong-shares-view-on-the-ico-conundrum-a-challenge-beyond-the-sec-mandate/

[DNotes]

Greetings everyone. What is total supply of Dnotes and what do you think about PoS on Dnotes?

Welcome Vingge, the total current supply is around 130 million
https://chainz.cryptoid.info/note/

Our next upgrade, DNotes 2.0, which we will have a 1:1 coin swap will be POS. POS is better aligned with our philosophy of shared stake, those that have an invested interest in the coin will benefit the most. Additionally, on top of the staking reward structure, we will have CRISP built into the blockchain reward system. Those who store their coins for 30 days or more in the same wallet will earn .166% (2% annual with monthly compounding), and those who store their coins in the same wallet for 365 days or more will earn 4%. As a result there will be no cap in DNotes 2.0.

NO CAP ANYMORE??
I think that whoudnt be good for the price because the value of the coin will be lost
That realy concern me and i think to move out

We all should make our own investment decision based on our comfort level and risk appetite. As a rule, never invest more than you can afford to lose in case of a total loss.  

It is a good practice to maintain a balanced investment portfolio and not put all your eggs in one basket, no matter how promising it looks. Additionally, it helps to gain a good understanding of the business model applicable to the specific investment. I generally would take the “highway” and move on if the business model is not cohesive, incomplete, or one that I do not understand. Unfortunately, many of the offerings in our industry fall under this category. That is a little troubling.

The current DNotes model is capped at 500 million, which will not max out for generations as a Proof of Work (PoW) coin. Moving on, DNotes 2.0 is a Proof of Stake (POS) coin. It is best suited in the fulfillment of our commitment to encourage long-term savings and making it accessible for everyone to participate in the most meaningful and rewarding way. This model is pro-savings and pro-stakeholders’ interest verses getting rich over-night. It is consistent with out long-term push for DNotes to gain mass acceptance. Most importantly, it will work just as well today, as it will 500 years from now.

We have no doubt that this model, coupled with DNotesVault and our fully integrated ecosystems, will be proven to be far superior for our stakeholders than other models more tilted towards speculative trading. In addition, DNotes Global will be a significant contributor to DNotes intrinsic value. Our cross-ownership model will also be beneficial across a board spectrum collaboration and partnerships using DNotes as the digital currency of choice.

Edited for clarification per request:

“No Cap” may be misleading. The rate of growth is actually capped, based on the issuance of new DNotes for payment of staking reward (2% per year) + monthly CRISP reward (1.66% every 30 days or 2% per year) + annual CRISP reward (4% every 365 days.) The annual total is approximately 8%. That is the annual growth rate and in proportion to your ownership of DNotes, if you participate in full. If we cap it there will be a time, generations from now, we will not have the DNotes to support this program. Consequently, the reward program will end or corrected with a new fork, which can be challenging as we have seen with Bitcoin.

I am heading off to a meeting as part of my search for Board members and Board of advisors. I encourage our community to continue the discussion and further clarify this important matter. We are always mindful of the best interest of DNotes' stakeholders. Thanks.

To add to what Alan has mentioned. The rate of growth for the POS / CRISP model for the individual is proportional to the rate of growth of the network (network goes up 8% and you get 8% of your DNotes). Whereas with POW and the existing model the rate of growth is not proportional to the rate of growth for individual (network goes up 10% and you get 0%).

In the existing DNotes POW model, 1,000,000 new DNotes are created every month and those DNotes go to the miners, those that own DNotes currently do not get a share in that and this creates a drag on the value. The individual is essentially paying a 'tax' of sorts to secure the network.

In the POS / CRISP model. An estimated 850,000 new DNotes would be created in a month (it would be lower depending on the number of people who are saving for CRISP) and given to those with an invested interest in DNotes. Instead of buying mining equipment, they had to buy DNotes, in order to secure the network and generate a CRISP interest payment. The 'tax' for securing the network is instead distributed to the users.

In addition, in the POS/CRISP model. The recipients of the newly minted DNotes have significant reason to be interested in the price of DNotes, and significant reason to save rather than sell their DNotes. Opposed to the POW model where miners are incentivized to move between networks and sell just as fast as they can mine the coins.

Lastly, as Alan mentioned, it would take decades in the existing POW model, to realize any significant reduction in supply that would have a real impact on the value.

If you compare the two models objectively, in just about every aspect, POS / CRISP is more beneficial to the individual DNotes stakeholder.

As a bit of an exaggerated and oversimplified example: Imagine 100 people all in a room. Each person starts with $10 dollars. We have two options:
1) Each person gets $1 every day, but we do this forever.
2) Bob and Alice each get $50 every day, because they are the designated miners, but we will only give them $50 each for the next 100 years.
Sure, if you were Bob or Alice, you would likely vote for option 2. But if you were John or anyone else in the room, not one of the miners, which option would you chose?

[Chase]

Greetings everyone. What is total supply of Dnotes and what do you think about PoS on Dnotes?

Welcome Vingge, the total current supply is around 130 million
https://chainz.cryptoid.info/note/

Our next upgrade, DNotes 2.0, which we will have a 1:1 coin swap will be POS. POS is better aligned with our philosophy of shared stake, those that have an invested interest in the coin will benefit the most. Additionally, on top of the staking reward structure, we will have CRISP built into the blockchain reward system. Those who store their coins for 30 days or more in the same wallet will earn .166% (2% annual with monthly compounding), and those who store their coins in the same wallet for 365 days or more will earn 4%. As a result there will be no cap in DNotes 2.0.

NO CAP ANYMORE??
I think that whoudnt be good for the price because the value of the coin will be lost
That realy concern me and i think to move out

We all should make our own investment decision based on our comfort level and risk appetite. As a rule, never invest more than you can afford to lose in case of a total loss.  

It is a good practice to maintain a balanced investment portfolio and not put all your eggs in one basket, no matter how promising it looks. Additionally, it helps to gain a good understanding of the business model applicable to the specific investment. I generally would take the “highway” and move on if the business model is not cohesive, incomplete, or one that I do not understand. Unfortunately, many of the offerings in our industry fall under this category. That is a little troubling.

The current DNotes model is capped at 500 million, which will not max out for generations as a Proof of Work (PoW) coin. Moving on, DNotes 2.0 is a Proof of Stake (POS) coin. It is best suited in the fulfillment of our commitment to encourage long-term savings and making it accessible for everyone to participate in the most meaningful and rewarding way. This model is pro-savings and pro-stakeholders’ interest verses getting rich over-night. It is consistent with out long-term push for DNotes to gain mass acceptance. Most importantly, it will work just as well today, as it will 500 years from now.

We have no doubt that this model, coupled with DNotesVault and our fully integrated ecosystems, will be proven to be far superior for our stakeholders than other models more tilted towards speculative trading. In addition, DNotes Global will be a significant contributor to DNotes intrinsic value. Our cross-ownership model will also be beneficial across a board spectrum collaboration and partnerships using DNotes as the digital currency of choice.

Edited for clarification per request:

“No Cap” may be misleading. The rate of growth is actually capped, based on the issuance of new DNotes for payment of staking reward (2% per year) + monthly CRISP reward (1.66% every 30 days or 2% per year) + annual CRISP reward (4% every 365 days.) The annual total is approximately 8%. That is the annual growth rate and in proportion to your ownership of DNotes, if you participate in full. If we cap it there will be a time, generations from now, we will not have the DNotes to support this program. Consequently, the reward program will end or corrected with a new fork, which can be challenging as we have seen with Bitcoin.

I am heading off to a meeting as part of my search for Board members and Board of advisors. I encourage our community to continue the discussion and further clarify this important matter. We are always mindful of the best interest of DNotes' stakeholders. Thanks.

To add to what Alan has mentioned. The rate of growth for the POS / CRISP model for the individual is proportional to the rate of growth of the network (network goes up 8% and you get 8% of your DNotes). Whereas with POW and the existing model the rate of growth is not proportional to the rate of growth for individual (network goes up 10% and you get 0%).

In the existing DNotes POW model, 1,000,000 new DNotes are created every month and those DNotes go to the miners, those that own DNotes currently do not get a share in that and this creates a drag on the value. The individual is essentially paying a 'tax' of sorts to secure the network.

In the POS / CRISP model. An estimated 850,000 new DNotes would be created in a month (it would be lower depending on the number of people who are saving for CRISP) and given to those with an invested interest in DNotes. Instead of buying mining equipment, they had to buy DNotes, in order to secure the network and generate a CRISP interest payment. The 'tax' for securing the network is instead distributed to the users.

In addition, in the POS/CRISP model. The recipients of the newly minted DNotes have significant reason to be interested in the price of DNotes, and significant reason to save rather than sell their DNotes. Opposed to the POW model where miners are incentivized to move between networks and sell just as fast as they can mine the coins.

Lastly, as Alan mentioned, it would take decades in the existing POW model, to realize any significant reduction in supply that would have a real impact on the value.

If you compare the two models objectively, in just about every aspect, POS / CRISP is more beneficial to the individual DNotes stakeholder.

As a bit of an exaggerated and oversimplified example: Imagine 100 people all in a room. Each person starts with $10 dollars. We have two options:
1) Each person gets $1 every day, but we do this forever.
2) Bob and Alice each get $50 every day, because they are the designated miners, but we will only give them $50 each for the next 100 years.
Sure, if you were Bob or Alice, you would likely vote for option 2. But if you were John or anyone else in the room, not one of the miners, which option would you chose?

I may be a bit biased, but in my opinion this is the most well thought out (and fairest) strategy I've seen for making cryptocurrency an investment for everyone. The total potential staking reward is similar to the average historical return in the stock market - 7%. Paying a staking reward out forever, allows everyone to get a relatively stable return on their investment over the years, and also means it will never be too late to start buying DNotes. 

[DNotes]

Greetings everyone. What is total supply of Dnotes and what do you think about PoS on Dnotes?

Welcome Vingge, the total current supply is around 130 million
https://chainz.cryptoid.info/note/

Our next upgrade, DNotes 2.0, which we will have a 1:1 coin swap will be POS. POS is better aligned with our philosophy of shared stake, those that have an invested interest in the coin will benefit the most. Additionally, on top of the staking reward structure, we will have CRISP built into the blockchain reward system. Those who store their coins for 30 days or more in the same wallet will earn .166% (2% annual with monthly compounding), and those who store their coins in the same wallet for 365 days or more will earn 4%. As a result there will be no cap in DNotes 2.0.

NO CAP ANYMORE??
I think that whoudnt be good for the price because the value of the coin will be lost
That realy concern me and i think to move out

We all should make our own investment decision based on our comfort level and risk appetite. As a rule, never invest more than you can afford to lose in case of a total loss.  

It is a good practice to maintain a balanced investment portfolio and not put all your eggs in one basket, no matter how promising it looks. Additionally, it helps to gain a good understanding of the business model applicable to the specific investment. I generally would take the “highway” and move on if the business model is not cohesive, incomplete, or one that I do not understand. Unfortunately, many of the offerings in our industry fall under this category. That is a little troubling.

The current DNotes model is capped at 500 million, which will not max out for generations as a Proof of Work (PoW) coin. Moving on, DNotes 2.0 is a Proof of Stake (POS) coin. It is best suited in the fulfillment of our commitment to encourage long-term savings and making it accessible for everyone to participate in the most meaningful and rewarding way. This model is pro-savings and pro-stakeholders’ interest verses getting rich over-night. It is consistent with out long-term push for DNotes to gain mass acceptance. Most importantly, it will work just as well today, as it will 500 years from now.

We have no doubt that this model, coupled with DNotesVault and our fully integrated ecosystems, will be proven to be far superior for our stakeholders than other models more tilted towards speculative trading. In addition, DNotes Global will be a significant contributor to DNotes intrinsic value. Our cross-ownership model will also be beneficial across a board spectrum collaboration and partnerships using DNotes as the digital currency of choice.

Edited for clarification per request:

“No Cap” may be misleading. The rate of growth is actually capped, based on the issuance of new DNotes for payment of staking reward (2% per year) + monthly CRISP reward (1.66% every 30 days or 2% per year) + annual CRISP reward (4% every 365 days.) The annual total is approximately 8%. That is the annual growth rate and in proportion to your ownership of DNotes, if you participate in full. If we cap it there will be a time, generations from now, we will not have the DNotes to support this program. Consequently, the reward program will end or corrected with a new fork, which can be challenging as we have seen with Bitcoin.

I am heading off to a meeting as part of my search for Board members and Board of advisors. I encourage our community to continue the discussion and further clarify this important matter. We are always mindful of the best interest of DNotes' stakeholders. Thanks.

To add to what Alan has mentioned. The rate of growth for the POS / CRISP model for the individual is proportional to the rate of growth of the network (network goes up 8% and you get 8% of your DNotes). Whereas with POW and the existing model the rate of growth is not proportional to the rate of growth for individual (network goes up 10% and you get 0%).

In the existing DNotes POW model, 1,000,000 new DNotes are created every month and those DNotes go to the miners, those that own DNotes currently do not get a share in that and this creates a drag on the value. The individual is essentially paying a 'tax' of sorts to secure the network.

In the POS / CRISP model. An estimated 850,000 new DNotes would be created in a month (it would be lower depending on the number of people who are saving for CRISP) and given to those with an invested interest in DNotes. Instead of buying mining equipment, they had to buy DNotes, in order to secure the network and generate a CRISP interest payment. The 'tax' for securing the network is instead distributed to the users.

In addition, in the POS/CRISP model. The recipients of the newly minted DNotes have significant reason to be interested in the price of DNotes, and significant reason to save rather than sell their DNotes. Opposed to the POW model where miners are incentivized to move between networks and sell just as fast as they can mine the coins.

Lastly, as Alan mentioned, it would take decades in the existing POW model, to realize any significant reduction in supply that would have a real impact on the value.

If you compare the two models objectively, in just about every aspect, POS / CRISP is more beneficial to the individual DNotes stakeholder.

As a bit of an exaggerated and oversimplified example: Imagine 100 people all in a room. Each person starts with $10 dollars. We have two options:
1) Each person gets $1 every day, but we do this forever.
2) Bob and Alice each get $50 every day, because they are the designated miners, but we will only give them $50 each for the next 100 years.
Sure, if you were Bob or Alice, you would likely vote for option 2. But if you were John or anyone else in the room, not one of the miners, which option would you chose?

I may be a bit biased, but in my opinion this is the most well thought out (and fairest) strategy I've seen for making cryptocurrency an investment for everyone. The total potential staking reward is similar to the average historical return in the stock market - 7%. Paying a staking reward out forever, allows everyone to get a relatively stable return on their investment over the years, and also means it will never be too late to start buying DNotes. 

Thanks Chase! I would encourage everyone to give an opinion on this topic. This change is ultimately for the benefit of DNotes and all of it's current and future stakeholders and your feedback is important to us.

[Obrien-Harold]

Hello Dnotes team,

I would like to invest in Dnotes, but apparently there is no credible exchange markets for this coin.
Your Reddit page   r/DNotes/   recommends   poloniex/exchange#btc_note  and   allcoin/trade/NOTE_BTC
None of them exists!!

I found one or two unfamiliar exchange markets that are trading your coin, but they have a low trust rating and bad reputations (On mywot .com), furthermore their amount of supply (sell orders) is next to nothing!
Why this coin doesn't have a reliable market for supply?

Where can i invest in Dnotes with a sufficient supply and reasonable price(I would like to invest up to 3-3.5 million Dnotes)?
I can invest with either bitcoin or bank transfer.

Thank you.

[DNotes]

Hello Dnotes team,

I would like to invest in Dnotes, but apparently there is no credible exchange markets for this coin.
Your Reddit page   r/DNotes/   recommends   poloniex/exchange#btc_note  and   allcoin/trade/NOTE_BTC
None of them exists!!

I found one or two unfamiliar exchange markets that are trading your coin, but they have a low trust rating and bad reputations (On mywot .com), furthermore their amount of supply (sell orders) is next to nothing!
Why this coin doesn't have a reliable market for supply?

Where can i invest in Dnotes with a sufficient supply and reasonable price(I would like to invest up to 3-3.5 million Dnotes)?
I can invest with either bitcoin or bank transfer.

Thank you.

Welcome Obrien-Harold, thank you for joining us on the forum and appreciate your interest in DNotes. That is correct, we haven't actively used reddit in a while, it may need some updating.

DNotes are exchanged on the open markets, and our current most popular exchanges are:
https://www.cryptopia.co.nz/Exchange/?market=NOTE_BTC
https://c-cex.com/?p=note-btc
As well as a few others listed at the bottom of DNotesCoin.com.

[Denver Dan]

Hello Dnotes team,

I would like to invest in Dnotes, but apparently there is no credible exchange markets for this coin.
Your Reddit page   r/DNotes/   recommends   poloniex/exchange#btc_note  and   allcoin/trade/NOTE_BTC
None of them exists!!

I found one or two unfamiliar exchange markets that are trading your coin, but they have a low trust rating and bad reputations (On mywot .com), furthermore their amount of supply (sell orders) is next to nothing!
Why this coin doesn't have a reliable market for supply?

Where can i invest in Dnotes with a sufficient supply and reasonable price(I would like to invest up to 3-3.5 million Dnotes)?
I can invest with either bitcoin or bank transfer.

Thank you.

Hi Obrien-Harold,  First, you will need to have BTC (Bitcoin), in order to buy NOTE (DNotes).  Depending on where you live, you'll need to set up an account (www.buybitcoinworldwide.com) to buy BTC.  Then transfer it to an exchange.  I find Cryptopia to be the most fluid, with the most NOTE's available.  Cryptopia is easy to sign up on, and easy to use.  I've never had problems there.  Once you've bought your DNotes there, you can send them to the DNotes vault (www.dnotesvault.com) for safe keeping.  Let me know if you need more specific information, and I would be happy to help you.