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Author Topic: DNotes 2.0 - Staking, CRISP Interest, DNotes Pay  (Read 148848 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.)
DCEBrief
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June 13, 2018, 12:44:19 AM
 #4481

Wells Fargo Bans Credit Card Use for Crypto Purchases

https://dcebrief.com/wells-fargo-bans-credit-card-use-for-crypto-purchases/
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June 13, 2018, 02:30:32 AM
 #4482

I'm really enjoying the content you guys are putting out at DNotesEdu. It's of critical importance that we educate new users how to engage with the cryptocurrency ecosystem, and DNotes is doing everything to make that process as easy as possible.

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June 13, 2018, 09:49:46 AM
 #4483

Hope DNotes in the CMC listing, can change the coin now bad situation, return to its elegant demeanor.
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June 13, 2018, 11:43:31 AM
 #4484

Hope DNotes in the CMC listing, can change the coin now bad situation, return to its elegant demeanor.

No worries Ingramhb, DNotes will soon raise again Wink In the meanwhile there is still some time to get some more while it is still undervalued Cool
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June 13, 2018, 01:35:45 PM
 #4485

A problem whit whithrolla in Stock Exchange and deposits as well
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June 13, 2018, 01:36:44 PM
 #4486

Quotes from DNotes Telegram Channel:

Chet, [13.06.18 08:13]
"How far along is DNotes being registered so that we can be advertised as the only registered cryptocurrency in the world. That could be what good people are looking for."

Chet, we share your frustration. Please understand that based on US laws on the book it is simply not possible for a decentralized currency to be regulated at this time. Technology is often ahead of regulations. But the beauty of a decentralized entity is that no individual or a group of individuals can control it. And by itself it is leaderless. It has its advantages and pitfalls though.

As such, as the Chairman of the SEC, Jay Clayton pointed out many times, none of the ICOs are registered with the SEC. I personally do not think, based on existing laws, it is accurate to claim that any coin can be “regulated”. Many complex legal issues are applicable here. Unfortunately, there is mass confusion surrounding this subject, including lawyers and high-level executives.

It is important for everyone to understand that in our case, we specifically kept our two entities – DNotes and DNotes Global, Inc. separate. Furthermore, DNotes coin has never been involved in any ICOs. Like Bitcoin, we are a pure token – not a security. Cryptopia’s characterization of DNotes as a “financial product” or an equivalent of a “Security” is a serious judgement in error.

I have no doubt, that our approach of using DNotes Global, Inc. to provide the management and leadership is the best solution to comply with existing laws. However, it is important to remember, as I mentioned many times before, this is a very costly and time-consuming process. There are many things that are beyond our control. No matter how hard we try, it will take longer and cost more.

Nonetheless, this is absolutely the right path. Our first funding round using Reg. D 506 (c) is now at the final stage of completion. The second round using A+ Mini-IPO tier 2 to raise up to $50 million from accredited and non-accredited investors worldwide is the big one. We will have a better feel of the scheduled launch a month after the first round kicked in.

It’s good to note that DNotes is finally listed on a few exchanges and doing quite well. As we push on, DNotes’ solid value will become more apparent. This is DNotes’ turn to shine. Give us your best support when you can, especially in generating some trading volume to get DNotes included in Coinmarketcap reporting.

I am having an increasingly busy schedule but will check-in when I can and response to important issues like this one.

You all have been doing a great job in supporting our forum and Telegram channel. We deeply appreciate that. Thank you all and have a great day.
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June 13, 2018, 02:33:04 PM
 #4487

A problem whit whithrolla in Stock Exchange and deposits as well

They mentioned on Telegram last night they were temporarily disabling withdrawals and deposits on a list of coins to do an update. It appears you can withdraw and deposit now.

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June 13, 2018, 02:38:29 PM
 #4488

Hope DNotes in the CMC listing, can change the coin now bad situation, return to its elegant demeanor.

No worries Ingramhb, DNotes will soon raise again Wink In the meanwhile there is still some time to get some more while it is still undervalued Cool

We have been in communication with CoinMarketCap, what we need is sustainable volume. If you want to help you can trade DNotes on Mercatox.com or Stocks.exchange.

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June 13, 2018, 02:43:02 PM
 #4489




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: The DNotes coin swap process will now be done through a private fork of the legacy DNotes blockchain. We have created this fork to ensure that legacy DNotes holders are still able to swap their legacy DNotes for DNotes 2.0 long after the deadline, in the event they missed the swap. This also ensures we will not be accepting newly purchased or mined DNotes, protecting our users and network.

In order to swap your coins, you will need the following DNotes v1.3 wallet, which you can download here:
http://dnotescoin.com/DNotes/dnotes-qt1-3.zip
You will need to copy your wallet.dat or wallet backup file to C:\Users\USERNAME\AppData\Roaming\DNotes1-3 directory, open the wallet application and allow it to update.
Next, you will need an address to send your legacy DNotes in to for the coin swap, you can generate a legacy address with the following instructions:
Create a DNotesVault.com account if you don’t already have one.
Login to your DNotesVault.com account, and click the HISTORIC tab at the top.
Click Create Address, and send your DNotes to the address you just created.

Coin swaps will be processed once a month until further notice.

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?

We are currently listed on:
https://mercatox.com/exchange/NOTE/BTC
https://stocks.exchange/trade/NOTE/BTC
https://www.nlexch.com/markets/notebtc
https://bitebtc.com/trade/note_btc

We are actively working with and in active communication:
https://www.coinexchange.io
These two exchanges are established and currently trading. We are hoping to reach an agreement soon so that DNotes can be listed shortly.

Beta or Future Exchanges we are working with:
https://www.cryptaldash.com/
https://www.listex.io/
https://blockbid.io/
https://shardax.com/

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 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:

May 1 - Ends first CRISP period.
May 8 - Payout starts. (Virtually no one will receive this payout)
June 2 - Ends second CRISP period
June 10 - 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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June 13, 2018, 02:43:20 PM
 #4490

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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June 13, 2018, 07:55:37 PM
 #4491

New Study Suggests Tether-Related Price Manipulation Helped Fuel 2017’s Record Crypto Price Run

https://dcebrief.com/new-study-suggests-tether-related-price-manipulation-helped-fuel-2017s-record-crypto-price-run/
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June 13, 2018, 09:20:50 PM
 #4492

Quotes from DNotes Telegram Channel:

Chet, [13.06.18 08:13]
"How far along is DNotes being registered so that we can be advertised as the only registered cryptocurrency in the world. That could be what good people are looking for."

Chet, we share your frustration. Please understand that based on US laws on the book it is simply not possible for a decentralized currency to be regulated at this time. Technology is often ahead of regulations. But the beauty of a decentralized entity is that no individual or a group of individuals can control it. And by itself it is leaderless. It has its advantages and pitfalls though.

As such, as the Chairman of the SEC, Jay Clayton pointed out many times, none of the ICOs are registered with the SEC. I personally do not think, based on existing laws, it is accurate to claim that any coin can be “regulated”. Many complex legal issues are applicable here. Unfortunately, there is mass confusion surrounding this subject, including lawyers and high-level executives.

It is important for everyone to understand that in our case, we specifically kept our two entities – DNotes and DNotes Global, Inc. separate. Furthermore, DNotes coin has never been involved in any ICOs. Like Bitcoin, we are a pure token – not a security. Cryptopia’s characterization of DNotes as a “financial product” or an equivalent of a “Security” is a serious judgement in error.

I have no doubt, that our approach of using DNotes Global, Inc. to provide the management and leadership is the best solution to comply with existing laws. However, it is important to remember, as I mentioned many times before, this is a very costly and time-consuming process. There are many things that are beyond our control. No matter how hard we try, it will take longer and cost more.

Nonetheless, this is absolutely the right path. Our first funding round using Reg. D 506 (c) is now at the final stage of completion. The second round using A+ Mini-IPO tier 2 to raise up to $50 million from accredited and non-accredited investors worldwide is the big one. We will have a better feel of the scheduled launch a month after the first round kicked in.

It’s good to note that DNotes is finally listed on a few exchanges and doing quite well. As we push on, DNotes’ solid value will become more apparent. This is DNotes’ turn to shine. Give us your best support when you can, especially in generating some trading volume to get DNotes included in Coinmarketcap reporting.

I am having an increasingly busy schedule but will check-in when I can and response to important issues like this one.

You all have been doing a great job in supporting our forum and Telegram channel. We deeply appreciate that. Thank you all and have a great day.


Alan this is awesome news, does this mean the first funding round is already underway?

On another note excellent work on the recent interviews. You are doing a great job getting the DNotes vision across to people, and the information you have provided us in The Four Pillars of Businesses Success is priceless. Are there any first editions of the book left for sale, or did they all sell a long time ago?
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June 13, 2018, 10:55:30 PM
 #4493

I am happy to announce that I will no longer be writing the daily DNotes market reports because we now have an index that is tracking all of our markets automatically.

https://www.livecoinwatch.com/price/DNotes-NOTE

Great work, DNotes team!

I'm sure other indices such as Coin Marketcap will soon follow. In the mean time, please bookmark the above link to check any time you want to know the most up to date DNotes price.
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June 13, 2018, 10:59:20 PM
 #4494

I have submitted the request to add Mercatox and Stocks Exchange trading pairs to Coin Market Cap. It could still take a bit of time, but I don't anticipate it will take too long. It is important that we have sustainable volume as well.


500,000 notes traded yesterday is an awesome start to building said momentum!

DNotes 2.0 - Bridging the Gap Between the Centralized and Decentralized World - https://bitcointalk.org/index.php?topic=1924858.0
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June 14, 2018, 06:15:37 AM
 #4495

I see that the last price was lowest at NLexch, but the volume there is really low since the trading obviusly moved to Mercatox and Stocks.Exchange.

And do not forget, we are just few days away from CryptalDash listing, so the volume will get even higher soon  Wink
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June 14, 2018, 10:27:42 AM
 #4496

I see that the last price was lowest at NLexch, but the volume there is really low since the trading obviusly moved to Mercatox and Stocks.Exchange.

And do not forget, we are just few days away from CryptalDash listing, so the volume will get even higher soon  Wink

We have  strong suport at 450-470 sat .
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June 14, 2018, 11:58:25 AM
 #4497

If pass this suport next suport is at 380sat
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June 14, 2018, 03:24:00 PM
 #4498










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June 14, 2018, 06:07:48 PM
 #4499

If pass this suport next suport is at 380sat

Well I doubt that it will go that low...but if it does I see it as another great buy opportunity Grin Cool
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June 14, 2018, 09:29:04 PM
 #4500

SEC Official Explains Agency’s View on Cryptocurrencies, ICOs, and Securities

https://dcebrief.com/sec-official-explains-agencys-view-on-cryptocurrencies-icos-and-securities/
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