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Author Topic: DNotes 2.0 - Staking, CRISP Interest, DNotes Pay  (Read 148845 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (3 posts by 1+ user deleted.)
Exalt84
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May 15, 2018, 03:59:06 PM
 #4141

I mined several thousands Dnotes last 5 month, where is my money now??? How can i sure i am not lost it again and again with Dnote 3.0, Dnote 4.0, Dnote super 5.0, or other "upgrade"?
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May 15, 2018, 04:25:38 PM
 #4142

I mined several thousands Dnotes last 5 month, where is my money now??? How can i sure i am not lost it again and again with Dnote 3.0, Dnote 4.0, Dnote super 5.0, or other "upgrade"?

Hi Exalt84, your legacy DNotes mined prior to April 16th are eligible for swap to DNotes 2.0.
Please fill out the following form: https://goo.gl/forms/MlbfqvAQilLglnHZ2

It is unlikely that we will have another coin swap anytime in the future and all future updates will be managed through forks of the existing blockchain. This upgrade from Proof of Work to Proof of Stake with CRISP and Invoicing capability is a radical change to legacy DNotes, and was done as a coin swap as we determined a direct fork would have delayed the upgrade by as much as a year adding further complexity and risk.


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May 15, 2018, 09:36:37 PM
 #4143

Coinbase Expansion Includes Institutional Product Suite, New Chicago Office

https://dcebrief.com/coinbase-expansion-includes-institutional-product-suite-new-chicago-office/
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May 16, 2018, 02:17:32 AM
 #4144





DNotes 2.0 Frequently Asked Questions:

Q: What is new with DNotes 2.0?

A: DNotes 2.0 is a major improvement on the original DNotes blockchain. The new blockchain will allow DNotes and its partner company DNotes Global to achieve its objective to connect DNotes to the modern world of finance and commerce. The new blockchain is faster, more secure, and consumes only a fraction of the electricity. It also allows custom invoices to be created and attached to transactions, and changes the economic incentives of the network to one that encourages savings with the switch to the Proof-Of-Stake algorithm, and paying 0.5% interest on balances that haven’t moved from a wallet address in a 30 day period (~6% per annum).

Specifications

POS
2% Annualized Staking Reward
Individual blocks reward will be Current Total Coins / 525,600 * 0.02
60 Second Block Target
0.005 Transaction Fee
Source: https://github.com/DNotesCoin/DNotes2.0
Download Wallet: http://dnotescoin.com/#Download
Directory DNotes2 (C:\Users\USERNAME\AppData\Roaming\DNotes2 on Windows)
CONF dnotes.conf (all lower case)

DNotes 2.0 Features
Switch to PoS
CRISP Reward - 0.5% interest every 30 days. Awarded by address. Calculated on a 30 day cycle.
Automated Invoicing (First Phase) - Integrated blockchain invoice number

There will be a soft deadline where DNotes mined after that block will not be redeemable for 2.0 coins:
4/16/2018
Block# 2180897
133,574,552 Will be the total swappable amount of DNotes we create
+20,000,000 Allocated to DNotes Global, Inc for Development & Growth Fund
153,574,552 Total DNotes 2.0 Created

The next update (TBD) will include:
Deferred Staking

Q: How do I swap my coins? (after April 16th)

A: Please fill out the following form: https://goo.gl/forms/MlbfqvAQilLglnHZ2

We will be performing post April 16th swap investigations beginning May 16th. Please do not send your DNotes anywhere after April 16th unless it is your own desktop wallet.

Please note DNotes v1.x mined or purchased after April 16, 2018 will not be eligible for the swap.

Q: I have a paper wallet. How do I turn them into the new coins?

A: You will need to download the DNotes v1.2 software (email us at contact@dnotescoin.com), and then use the importprivkey command in the debug console.

https://bitcoin.stackexchange.com/questions/5941/how-do-i-import-a-private-key-into-bitcoin-core

Once your wallet is updated, you will be able to send out your DNotes.

Q: What is the cutoff date for mined DNotes that can be swapped to the new DNotes blockchain?

A: We have set April 16th as the soft deadline. No DNotes mined after this date will be eligible to be swapped to DNotes running on the new blockchain. We will continue swap DNotes after that date, however the process will not be as easy and will take more time. Any DNotes 1.x purchased on exchanges after the 16th will not be eligible for the swap.

Q: Will DNotes 2.0 be listed on new exchanges?

A: The DNotes team are working to get DNotes listed on new and larger exchanges.
Here are a few DNtes 2.0 listings:
https://bitebtc.com/trade/note_btc
https://www.nlexch.com/markets/notebtc

Q: When will Cryptopia relist DNotes 2.0?

A: Cryptopia was scheduled for relisting DNotes 2.0 on May 12, 2018. However has been delayed:
https://bitcointalk.org/index.php?topic=1924858.msg36988814#msg36988814

Q: Are the new DNotes 2.0 coins worth the same as the old coins?

A: Yes, they are worth exactly the same. However we can not predict what price movements will occur at exchanges once DNotes is relisted using the new coins.

Q: I have DNotes on the exchange, do I need to remove them from the exchange?

A: Yes, as soon as possible. Please see “How do I swap my coins?”

Q: I have Mac or Specific Linux OS, will there be wallets for these?  

A: Yes!
We currently have Windows / Mac / Linux Mint / Ubuntu Desktop wallets at DNotesCoin.com. If you need something else, please let us know.

Q: Where is the block explorer?

A: https://chainz.cryptoid.info/note/

Q: I am trying to swap my coins from Cryptopia and I am getting Invalid Address

A: That address which begins with an "S" is your new DNotes 2.0 address and your coins on Cryptopia currently are DNotes 1.x. If you like to participate in the coin swap, you can click on the "HISTORIC" tab in your DNotesVault account, create an address, and deposit to that address which begins with a "D". We will take care of the rest, and swap your DNotes for you within a few days.

If you have any other queries, please email contact@dnotescoin.com



Staking

Q: What is Staking?

A: Staking your coins helps to support the DNotes network, and the network currently pays out roughly 5 DNotes every minute to one address on the network based on a probability that centers on how many coins the user is staking with as a percentage of the total number of coins being staked on the network. The DNotes network pays out ~2% of the total number of coins per annum. If 100% of DNotes were being used to stake on the network, then by probability each user could expect 2% growth in the number of coins they have. If only 50% of coins are used to stake, then those users could expect approximately 4% growth that year.

Q: Can I stake my coins on the DNotesVault?

A: You cannot currently stake your coins that are on the DNotesVault, you will need to withdraw your DNotes 2.0 to a local wallet and stake your coins from your local wallet. We will in a future release incorporate cold staking, which will allow you stake your coins while they are safely tucked away inside the DNotesVault. However, we do not have an ETA, it will be one of our highest priorities for next upgrades.

Q: How do I stake?

Disclaimer: It is recommended that you properly secure your computer and wallet, as well as make proper backups, before attempting to run your own staking wallet. Failure to properly secure your DNotes may result in loss or theft. If you are not familiar with the process, please start off small and familiarize yourself with the process.

You will need to download the DNotes QT wallet here: https://github.com/DNotesCoin/DNotes2.0/releases/tag/v2.0.0.0

Install the wallet (and we recommend creating a backup)
Go to settings, and then ‘encrypt wallet’. Enter your password twice (and do NOT forget it, or you will not be able to access the wallet and we can not help you).
Go to settings, and then ‘unlock wallet’, enter your password, and select “for staking only”. This will prevent any transfers from being made from your wallet without the password while you stake your coins.
Soon the arrow at the bottom will turn green. This means that your coins are now staking.
   
   You can watch a video of these steps here from our alpha release here:
   https://www.youtube.com/watch?v=2w9r2LoXM6c

Q: How do I get the most out of my staking efforts?

A: There is no trick to staking efficiently. The factors involved are your coin weight versus the network coin weight and coin weight is the number of coins currently staking. The age does not matter, nor does how you divide or move your coins around.

Q: How much can I earn staking?

A: That depends on how many coins you are staking and how many coins are being staked on the network. The blockchain distributes Current Total Coins / 525,600 * 0.02 every block, or every 60 seconds. You may calculate how often you are chosen to receive the block reward by dividing your network weight verse your weight. If network weight is 100, and your weight is 5, then you would be chosen for block reward 5 blocks out of every 100.



CRISP

Q: Can I get CRISP reward AND stake at the same time?

A: Yes, the system is designed to allow you to receive CRISP on a wallet you are staking

Q: What is the CRISP reward structure?

A: CRISP periods are every 43,200 blocks (30 days). Payments start 10,080 blocks (1 week) from the end of the CRISP period.

Q: What do I need to do to earn CRISP?

A: Keep your coins in the same address for the full CRISP period 30 days, set every 43,200 blocks.

Q: When will I receive CRISP payments?

A: The next payouts are as follows:

April 27 - Ends first CRISP period.
May 4 - Payout starts. (Virtually no one will receive this payout)
May 27 - Ends second CRISP period
June 3 - Payout starts

Roughly.

Q: Do I get CRISP payments at the DNotesVault?

A: Yes! You get CRISP inside the DNotesVault, or at any address you control, such as a Desktop wallet. Though I won't suspect you will be able to get CRISP rewards from the exchanges or other online providers.

Q: Where do the CRISP coins come from?

A: The blockchain, these are newly created coins and have now become part of the new coin distribution, just like the staking reward.

Q: How do I earn the interest reward?

A: Our Cryptocurrency Investment Savings Plan (CRISP) payouts occur approximately once per month. All coins that haven’t moved address during that month period will accrue a 0.5% interest, which compounds to roughly 6.17% per annum. If you move your coins during that time, those coins will not receive the interest for that month.




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May 16, 2018, 02:17:55 AM
 #4145

Wondering what DNotes is all about? Here’s the basics:

What is DNotes?
•   DNotes is a digital currency with a purpose: to serve as a real currency that people can use in their daily lives - unlike other digital currencies that focus on solving niche problems, with no plan to become a real, usable currency.
•   The DNotes goal is simple: achieve mass adoption and become the world’s first accessible, inclusive, and financially empowering digital currency that benefits everyone around the globe.

What are DNotes’ Benefits as a Currency?
•   DNotes is managed as a business – but not controlled as one.
•   DNotes success is driven by a profit-generating company, DNotes Global, created to promote mass adoption, protect the currency, and ensure sustainable growth.
•   DNotes’ unique CRISP savings program rewards DNotes owners with 0.5% interest, every month
•   DNotes offers staking rewards for stakeholders – at 2% a year.
•   DNotes provides blockchain invoicing features to simplify merchant acceptance and adoption of the digital currency.

What Benefits Does DNotes Global Provide?
DNotes Global protects DNotes and its stakeholders, promotes mass adoption, and creates value and utility for the digital currency, including a fully integrated ecosystem.
The company provides a unique cross-ownership model, with DNotes owning 25% of DNotes Global (pre-dilution), while the for-profit business maintains a stake in the digital currency.
DNotes Global generates profit, creating intrinsic value for the DNotes currency to help create a “floor” for the digital currency’s value.
DNotes Global has plans to build a long-term competitive advantage by offering services that utilize DNotes. That strategy will also help to facilitate awareness and adoption of the DNotes currency.
Long term competitive advantage DNotes Global will provide in offering services that utilize DNotes.

What’s Next?
Fully compliant Reg D 506 (c) crowdfunding followed by a Reg A+ Mini-IPO.
DNotes Payment Solution Integration into Existing eCommerce Platforms
Cold Staking Implementation & More

Where can I learn more?  
Pitch Deck - https://dnotesglobal.com/PitchDeck.pptx
Pitch Deck Video - https://www.youtube.com/watch?v=XculeWKdbbE
White Paper - https://dnotesglobal.com/white-paper/
Website - http://dnotescoin.com/
Blog - http://dnotescoin.com/blog-main-hub/


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May 16, 2018, 02:53:36 AM
 #4146

Round 2 DNotes Swap Starts Now!

We are beginning round 2 of the DNotes swap. If you have already filled out the google form: https://goo.gl/forms/MlbfqvAQilLglnHZ2 . You will have already received an email from our team with instructions for the next steps. If you have not received an email from us with the next steps, please let me know by email at contact@dnotescoin.com.

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May 16, 2018, 08:23:30 AM
 #4147

Yesterday I thought about the Reg D 506 (c) crowdfunding and Reg A+ Mini-IPO. I think this becomes great, because all your previous work is tremendous and will get honored for sure. One thing which I would like to suggest - and I don't mean to be rude - is that you do professional photos of all team members for your website. Currently, some of these are not acceptable for a (b)million-dollar-company. New investors will look at this.
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May 16, 2018, 02:35:18 PM
 #4148

Did anyone received new swap Dnotes coins? My main balance is still showing as 0, however Vault historic balance is still showing my balance.

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May 16, 2018, 03:19:49 PM
 #4149

Yesterday I thought about the Reg D 506 (c) crowdfunding and Reg A+ Mini-IPO. I think this becomes great, because all your previous work is tremendous and will get honored for sure. One thing which I would like to suggest - and I don't mean to be rude - is that you do professional photos of all team members for your website. Currently, some of these are not acceptable for a (b)million-dollar-company. New investors will look at this.

Hi AlCamus, the ones on the company website are a bit better. Our core team has cohesive pictures.
http://dnotesglobal.com/white-paper/#Team

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May 16, 2018, 03:20:25 PM
 #4150

Did anyone received new swap Dnotes coins? My main balance is still showing as 0, however Vault historic balance is still showing my balance.

Hi samba001, the process begins today but it will likely take a few days to complete the swap. We appreciate your patience! Thank you.

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May 16, 2018, 08:28:33 PM
 #4151

Microsoft Bing to Implement Crypto Ad Ban

https://dcebrief.com/microsoft-bing-to-implement-crypto-ad-ban/
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May 17, 2018, 12:03:06 AM
 #4152

We are of the understanding that we will have a response from Cryptopia in the next 24 hours or so.

While anxiously waiting, I like to share this reflection with you:

In business, overnight success is a fantasy far more often than a reality. A clearly articulated vision with a defined path to the mountain top where your destined vision resides is paramount to success.

Others can slow you down but not stopping you on your path. Such is DNotes. We are relentlessly committed to our vision of a trusted inclusive digital currency to the mutual benefits of everyone. That is our pathway to the mass adoption of DNotes in global commerce.


Thank you all for supporting our cause.  
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May 17, 2018, 12:09:43 AM
 #4153

Those who have not done so, there is no better place to check out DNotes and the immense contributions of our team than right HERE: https://dnotesglobal.com/white-paper/
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May 17, 2018, 01:07:47 AM
 #4154

We are of the understanding that we will have a response from Cryptopia in the next 24 hours or so.

While anxiously waiting, I like to share this reflection with you:

In business, overnight success is a fantasy far more often than a reality. A clearly articulated vision with a defined path to the mountain top where your destined vision resides is paramount to success.

Others can slow you down but not stopping you on your path. Such is DNotes. We are relentlessly committed to our vision of a trusted inclusive digital currency to the mutual benefits of everyone. That is our pathway to the mass adoption of DNotes in global commerce.


Thank you all for supporting our cause.  


Inspiring Alan thank you for that.

Challenging days are a test of our resolve and tenacity to see DNotes mission through for the benefit of everyone.

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May 17, 2018, 02:53:23 AM
 #4155

Guys. Think there is a fork. I was mining DNotes post swap and getting a payout every two hours. Now I am constantly getting a payout every 2 minutes and this has been going on for dayz. I have 4 connections to the network so I think others may be in the same boat. Is there a way I can be sure I'm on the right chain?
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May 17, 2018, 03:09:03 AM
 #4156

Guys. Think there is a fork. I was mining DNotes post swap and getting a payout every two hours. Now I am constantly getting a payout every 2 minutes and this has been going on for dayz. I have 4 connections to the network so I think others may be in the same boat. Is there a way I can be sure I'm on the right chain?

Hi Equalizer1970, what version are you on?

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May 17, 2018, 04:10:26 AM
 #4157

Guys. Think there is a fork. I was mining DNotes post swap and getting a payout every two hours. Now I am constantly getting a payout every 2 minutes and this has been going on for dayz. I have 4 connections to the network so I think others may be in the same boat. Is there a way I can be sure I'm on the right chain?

Hi Equalizer1970, what version are you on?

I'm on v2.0.0.0
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May 17, 2018, 05:00:45 AM
 #4158

Guys. Think there is a fork. I was mining DNotes post swap and getting a payout every two hours. Now I am constantly getting a payout every 2 minutes and this has been going on for dayz. I have 4 connections to the network so I think others may be in the same boat. Is there a way I can be sure I'm on the right chain?

Hi Equalizer1970, what version are you on?

I'm on v2.0.0.0

Yes, it is very possible you are on your own fork now. We have had a couple updates since the first release. What you will need to do is update to latest version:
http://dnotescoin.com/#Download
Close the wallet, delete the old dnotes-qt.exe (or just dnotes-qt on linux/mac).
Delete your blockchain files.
On windows go to C:\Users\USERNAME\AppData\Roaming\DNotes2 (will be a different folder on linux or mac) make a copy of wallet.dat in another folder and delete all the other files and folders except for wallet.dat.
Open the newly downloaded wallet and allow it to update. You should be good after it updates.
Let us know if you have any issues.


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May 17, 2018, 05:42:12 AM
 #4159

Guys. Think there is a fork. I was mining DNotes post swap and getting a payout every two hours. Now I am constantly getting a payout every 2 minutes and this has been going on for dayz. I have 4 connections to the network so I think others may be in the same boat. Is there a way I can be sure I'm on the right chain?

Hi Equalizer1970, what version are you on?

I'm on v2.0.0.0

Yes, it is very possible you are on your own fork now. We have had a couple updates since the first release. What you will need to do is update to latest version:
http://dnotescoin.com/#Download
Close the wallet, delete the old dnotes-qt.exe (or just dnotes-qt on linux/mac).
Delete your blockchain files.
On windows go to C:\Users\USERNAME\AppData\Roaming\DNotes2 (will be a different folder on linux or mac) make a copy of wallet.dat in another folder and delete all the other files and folders except for wallet.dat.
Open the newly downloaded wallet and allow it to update. You should be good after it updates.
Let us know if you have any issues.


New version did the trick. Things went off the reservation May 8. 8 days of wasted POS. The concerning thing is that there were 4 other connections that were mining the wrong chain, too.

Thanks for your help. You might want to send out a tweet.
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May 17, 2018, 06:47:51 AM
 #4160

Guys. Think there is a fork. I was mining DNotes post swap and getting a payout every two hours. Now I am constantly getting a payout every 2 minutes and this has been going on for dayz. I have 4 connections to the network so I think others may be in the same boat. Is there a way I can be sure I'm on the right chain?

Hi Equalizer1970, what version are you on?

I'm on v2.0.0.0

Yes, it is very possible you are on your own fork now. We have had a couple updates since the first release. What you will need to do is update to latest version:
http://dnotescoin.com/#Download
Close the wallet, delete the old dnotes-qt.exe (or just dnotes-qt on linux/mac).
Delete your blockchain files.
On windows go to C:\Users\USERNAME\AppData\Roaming\DNotes2 (will be a different folder on linux or mac) make a copy of wallet.dat in another folder and delete all the other files and folders except for wallet.dat.
Open the newly downloaded wallet and allow it to update. You should be good after it updates.
Let us know if you have any issues.


New version did the trick. Things went off the reservation May 8. 8 days of wasted POS. The concerning thing is that there were 4 other connections that were mining the wrong chain, too.

Thanks for your help. You might want to send out a tweet.

Thanks, there are still a few out there on the incompatible version (v2.0.0 https://chainz.cryptoid.info/note/#!network) . The actual update was this one: http://dnotescoin.com/download-the-dnotes-v2-0-1-updated-wallet/ released at the end of April.

One of the main reasons we added the News section in the wallet is a means to inform users of updates, which draws directly from our blog. We did everything we could to reach out to users as well; Emailed everyone who participated in the swap and withdrew multiple times, a dozen tweets/facebook/reddit posts, but were still unable to reach a handful of people. Now that I know for sure the fork did occur, I will write a new statement.

I would be very interested to have a discussion on making it even more clear when an update is needed, without being overly intrusive.
Would a pop up on the wallet itself be pushing it too far?


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