DNotes 2.0 - Staking, CRISP Interest, DNotes Pay

[wiser]

ANOTHER large order at 620 Satoshis just executed and my limit order was again untouched!

This is crazy!

What is Mercatox up to?

EDIT: I cleared my history and 7900 of my order filled. So maybe all the imaginary buyers ahead of me have their orders filled and it's really my turn now?

I would contact support except that the support page won't load. I'm going to later try a different browser and see if maybe it's just not working as well as it should with chrome.

These are just new problems for me and it's not like I'm a novice trader!

[DCEBrief]

The crypto discussion at the Senate subcommittee hearing yesterday is just another reminder of why DNotes' commitment to doing things the right way is going to be so important going forward. Lawmakers and regulators are focusing more attention than ever on this industry, and taking note of legally dubious companies and practices. Meanwhile, the DNotes team has been focused like a laser on complying with laws and regulations - and establishing a reputation of trust and legitimacy that few digital currency projects will be able to match.

This is the type of project that Scott Dueweke was talking about when he suggested that policymakers encourage "the growth of new virtual currencies that are committed to proper compliance with the law." When government eventually moves to rein in the industry's worst impulses, DNotes will be well-positioned to survive and thrive even as others fall by the wayside.

https://dcebrief.com/cybersecurity-expert-crypto-could-be-used-for-foreign-meddling-in-us-elections/

[1Hakuba]

ANOTHER large order at 620 Satoshis just executed and my limit order was again untouched!

This is crazy!

What is Mercatox up to?

EDIT: I cleared my history and 7900 of my order filled. So maybe all the imaginary buyers ahead of me have their orders filled and it's really my turn now?

I would contact support except that the support page won't load. I'm going to later try a different browser and see if maybe it's just not working as well as it should with chrome.

These are just new problems for me and it's not like I'm a novice trader!

I was observing what you mentioned on Mercatox as well.  Not sure if it’s just a glitch in their system or our browsers.  I’m just happy I was able to add to my position when Dnote was first listed on Stocks.com and Mercatox. 

What’s really exciting is that, IMO, most of the Dnotes float is being held tightly by serious investors and will more than likely stay that way until market buys reflect what Dnotes is truly worth.  If I’m correct, we could see a major upswing in the worth of Dnotes relatively soon.  With almost 100 mil coins in the Vault, 20 million held by Dnotes Global and most likely a bunch of coins tucked away in personal wallets, leaves maybe 20 million on exchanges.  If deep pocket investors want to buy Dnotes, which I’m sure they will, they will have to up the buy price quite a bit from current levels to get them.  It’s really been quite a ride owning Dnotes for the past couple years, and it is just getting started!

[DNotes]

So I had another Mercatox moment today. A few hours ago I placed a limit buy order of 25,000 DNotes for 620 Satoshi. At the time there was a standing sell order of 400 DNotes for 620 Satoshi. So as soon as I placed the order I immediately bought 400 DNotes and that eliminated all sell orders for 620. Not too long after that, A sell of 25,084.1 DNotes at 620 Satoshi executed. But not one bit of my standing limit order at that price was filled. It still sits on the order book at 24,600 DNotes for 620 Satoshi and it might never fill because the price has been going nowhere but up all day. Since placing that order triggered the standing sell order to fill, I would think that meant my order was first in line. But instead, some other order filled first, and mine still sits there waiting.

How is this explained by technical difficulties?

I see no other orders for 620 Satoshi and haven't for hours. As far as I know, my order is the only one, and if there were invisible orders, mine had to be first. And yet, it wasn't the first to fill when someone else sold more than the amount I'd ordered at that price.

I feel like I'm playing by a set of rules I do not understand. Is anyone else trading on Mercatox? Could you share some insight?

How is this explained by technical difficulties?

Depends how orders are filled. If you don't specify in which order orders are filled, they could fill in any order or default to newest to oldest. However I'm not arguing your issues are technical, the only ones who would truly know is mercatox. I do not see how an exchange would benefit from doing this intentionally either. I am just offering an alternative explanation that may not be so nefarious.

I would recommend opening a support ticket to explain your experiences. This link seems to be working.
https://support.mercatox.com/

[DNotes]

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

A: We have set April 16th 2018 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

Beta or Future Exchanges we are working with:
https://listex.io/
https://blockbid.io/

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/


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: http://dnotescoin.com/#Download

Install the wallet (and we recommend creating a backup, after encrypting your wallet)
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.
   
Video: https://youtu.be/bR66LWPRzAU

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.

[DNotes]

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/

[TeeGee]

ANOTHER large order at 620 Satoshis just executed and my limit order was again untouched!

This is crazy!

What is Mercatox up to?

EDIT: I cleared my history and 7900 of my order filled. So maybe all the imaginary buyers ahead of me have their orders filled and it's really my turn now?

I would contact support except that the support page won't load. I'm going to later try a different browser and see if maybe it's just not working as well as it should with chrome.

These are just new problems for me and it's not like I'm a novice trader!

I was observing what you mentioned on Mercatox as well.  Not sure if it’s just a glitch in their system or our browsers.  I’m just happy I was able to add to my position when Dnote was first listed on Stocks.com and Mercatox. 

What’s really exciting is that, IMO, most of the Dnotes float is being held tightly by serious investors and will more than likely stay that way until market buys reflect what Dnotes is truly worth.  If I’m correct, we could see a major upswing in the worth of Dnotes relatively soon.  With almost 100 mil coins in the Vault, 20 million held by Dnotes Global and most likely a bunch of coins tucked away in personal wallets, leaves maybe 20 million on exchanges.  If deep pocket investors want to buy Dnotes, which I’m sure they will, they will have to up the buy price quite a bit from current levels to get them.  It’s really been quite a ride owning Dnotes for the past couple years, and it is just getting started!

Thank you very much for your thoughts 1Hakuba.

I would agree that the bulk of the people who own DNotes do it as a serious and long-term investment. This investment is one where we have the realistic expectation that the DNotes will never actually need to be liquidated back into fiat because we believe in the mission that DNotes will achieve its goal in becoming a usable, mainstream currency. If you go back to our old forum you will be able to read us purposefully discussing how we were looking to attract investors with a long-term outlook, and that to do so required some level of flying under the radar and to avoid creating hype until our achievements backed it up (a strategy it seems only we pursued). By attracting these long-term investors and winning minds for what is possible in the future, we actually over time create a more stable economy for the future that has the potential to grow. This is in stark contrast to projects that may have wanted immediate gratification in hype to build up their coin price with nothing to hold it there. These were the types of projects that were only ever created to serve as pump and dumps for short-term gain, and were never anything close to an 'investment'.

Our forum has been the vehicle that we have used to create a consistent message for anybody to read about what our plans are during that phase. Everything we have done or are planning to do, and the strategies and philosophy behind our decisions have been chronicled in this forum and the old DNotes thread for the benefit of discerning long-term investors.

[DNotes]

We are listed on a brand new exchange, ListEx.io
https://dashboard.listex.io/trading/notebtc

So far I have been able to test deposits of both BTC and NOTE, in small amounts, and also setup some buy and sell orders. It would be great if some of you would be able to test sending some small amounts there, trading, and doing withdrawals.

[wiser]

So I had another Mercatox moment today. A few hours ago I placed a limit buy order of 25,000 DNotes for 620 Satoshi. At the time there was a standing sell order of 400 DNotes for 620 Satoshi. So as soon as I placed the order I immediately bought 400 DNotes and that eliminated all sell orders for 620. Not too long after that, A sell of 25,084.1 DNotes at 620 Satoshi executed. But not one bit of my standing limit order at that price was filled. It still sits on the order book at 24,600 DNotes for 620 Satoshi and it might never fill because the price has been going nowhere but up all day. Since placing that order triggered the standing sell order to fill, I would think that meant my order was first in line. But instead, some other order filled first, and mine still sits there waiting.

How is this explained by technical difficulties?

I see no other orders for 620 Satoshi and haven't for hours. As far as I know, my order is the only one, and if there were invisible orders, mine had to be first. And yet, it wasn't the first to fill when someone else sold more than the amount I'd ordered at that price.

I feel like I'm playing by a set of rules I do not understand. Is anyone else trading on Mercatox? Could you share some insight?

How is this explained by technical difficulties?

Depends how orders are filled. If you don't specify in which order orders are filled, they could fill in any order or default to newest to oldest. However I'm not arguing your issues are technical, the only ones who would truly know is mercatox. I do not see how an exchange would benefit from doing this intentionally either. I am just offering an alternative explanation that may not be so nefarious.

I would recommend opening a support ticket to explain your experiences. This link seems to be working.
https://support.mercatox.com/

Thanks for the insight, and I'm really not trying to be a party pooper. Just observed some strange (to me) exchange behavior, and I will choose to take the view that these are unintentional technical things. I hear what you were saying earlier about it taking a lot "under the hood" to make an exchange truly work properly especially when lots of people are using it at the same time. I'm really looking forward to the DNotes Global exchange

There was a very brief flash crash before the price just went up by another 100 Satoshi, so in the end I got those orders filled and I'm already in profit.

Thanks for the link to support--it works. I will open up a ticket if I have any more trouble.

[TeeGee]

We are listed on a brand new exchange, ListEx.io
https://dashboard.listex.io/trading/notebtc

So far I have been able to test deposits of both BTC and NOTE, in small amounts, and also setup some buy and sell orders. It would be great if some of you would be able to test sending some small amounts there, trading, and doing withdrawals.

Well done, Dnotes team.
I would like to propose the following exchange, which is located in Singapore for Dnotes:
https://www.ooobtc.com/trading

Hi DarkKnightNeverDie,

We investigated listing on ooobtc already, and found that they might not be the best fit for us at the current time.

[wiser]

What’s really exciting is that, IMO, most of the Dnotes float is being held tightly by serious investors and will more than likely stay that way until market buys reflect what Dnotes is truly worth.  If I’m correct, we could see a major upswing in the worth of Dnotes relatively soon.  With almost 100 mil coins in the Vault, 20 million held by Dnotes Global and most likely a bunch of coins tucked away in personal wallets, leaves maybe 20 million on exchanges.  If deep pocket investors want to buy Dnotes, which I’m sure they will, they will have to up the buy price quite a bit from current levels to get them.  It’s really been quite a ride owning Dnotes for the past couple years, and it is just getting started!

Since DNotes introduced proof of stake and CRISP earnings about three months ago, there's another DNotes investment model to consider: DNotes holders hang onto their "principal" DNotes and only sell the earnings from staking and CRISP. And it would be those "interest earnings" that the deep pocketed investors are all competing for.

And this isn't even taking into account the solid future plans of an entire ecosystem where DNotes can be spent to buy real products and wouldn't even have to be exchanged into fiat first.

[TeeGee]

That's a good point wiser. I've often considered that many people may just choose to live off the interest paid out by the DNotes network, and perhaps their staking rewards too in the future. That said, I think it would generally be people closer to retirement would be more excited by those types of opportunities. I think in the case of younger investors, they may well be looking to reap as many years of compounding interest as possible. 

[DCEBrief]

That's a good point wiser. I've often considered that many people may just choose to live off the interest paid out by the DNotes network, and perhaps their staking rewards too in the future. That said, I think it would generally be people closer to retirement would be more excited by those types of opportunities. I think in the case of younger investors, they may well be looking to reap as many years of compounding interest as possible. 

That's just another one of DNotes' great benefits. Different people have different needs and desires, so it's important to provide them with the flexibility  to choose the options that help them achieve their individual goals. With interest-earning and staking rewards, DNotes stakeholders have real choices about how to manage and benefit from their holdings.

[Brandon Cheliak]

Our node operators are doing a great job keeping the DNotes network stable, and it looks like support for the software has grown. Right now DNotes has 87 peers/nodes with 54 connections in the last 24 hours, and we are operational in 26 different countries. Compare that with Stratis, who has a market cap of 224 million, is operating in 33 different countries and has 173 nodes, with 125 active connections in the last 24 hours.

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

This is pretty good since DNotes 2.0 was forked from Stratis not too long ago. Let's look at the current market cap ratios of some other forked cryptocurrencies vs the currency they forked from:

Forked Currency (Market Cap) - Original Chain (mkt cap) = Fork to Original Chain Market Cap Ratio
Ethereum (43.5 b) -  Ethereum Classic (1.5 b) = 29x
Bitcoin Cash (11.8 b) - Bitcoin (103.7 b) = 0.11x
Monero  (2 b) - Bytecoin  (466.8 m) = 4.2x
Stratis (224 m) - Blackcoin (9.1 m) = 24.6x

I would call this data inconclusive but interesting nonetheless. Perhaps in one year the DNotes to Stratis market cap ratio will be the same as Stratis' is to Blackcoin right now and we can start making some definitive conclusions  

[DCEBrief]

Line Announces Plans to Launch New Crypto Exchange in Singapore

https://dcebrief.com/line-announces-plans-to-launch-new-crypto-exchange-in-singapore/

[Brandon Cheliak]

The crypto discussion at the Senate subcommittee hearing yesterday is just another reminder of why DNotes' commitment to doing things the right way is going to be so important going forward. Lawmakers and regulators are focusing more attention than ever on this industry, and taking note of legally dubious companies and practices. Meanwhile, the DNotes team has been focused like a laser on complying with laws and regulations - and establishing a reputation of trust and legitimacy that few digital currency projects will be able to match.

This is the type of project that Scott Dueweke was talking about when he suggested that policymakers encourage "the growth of new virtual currencies that are committed to proper compliance with the law." When government eventually moves to rein in the industry's worst impulses, DNotes will be well-positioned to survive and thrive even as others fall by the wayside.

https://dcebrief.com/cybersecurity-expert-crypto-could-be-used-for-foreign-meddling-in-us-elections/

DNotes has certainly found itself a unique choke point to post up on. Even for crypto billionaires, large numbers on a screen will mean nothing if they can't get that money back into the larger legitimate economy and spend it.

[TeeGee]

The crypto discussion at the Senate subcommittee hearing yesterday is just another reminder of why DNotes' commitment to doing things the right way is going to be so important going forward. Lawmakers and regulators are focusing more attention than ever on this industry, and taking note of legally dubious companies and practices. Meanwhile, the DNotes team has been focused like a laser on complying with laws and regulations - and establishing a reputation of trust and legitimacy that few digital currency projects will be able to match.

This is the type of project that Scott Dueweke was talking about when he suggested that policymakers encourage "the growth of new virtual currencies that are committed to proper compliance with the law." When government eventually moves to rein in the industry's worst impulses, DNotes will be well-positioned to survive and thrive even as others fall by the wayside.

https://dcebrief.com/cybersecurity-expert-crypto-could-be-used-for-foreign-meddling-in-us-elections/

Interestingly regulators worldwide have been slow to apprehend people who are raising capital without basic investor protections. Many capital raises in the space are done under the guise of being "forward-sold goods" or "utility tokens". Even if this were the true intention of the raising business, the economy doesn't focus like that whatsoever. The vast majority of projects build garbage-grade products that have near-zero utility or community support after completion, and 'utility token' buyers invariably treat their purchase as an 'investment' for gain rather than advance payment for goods and services. If this were not the case, we would rarely see any individual buyers acquiring more than $20-50 USD worth of tokens. Instead we see the average buy orders in the thousands of dollars for products with next to no viable use.

98%+ of ICO projects would never be able to successfully raise capital from sophisticated investors through traditional financial markets, since they don't have the trust, credibility, competency, nor experience to pass scrutiny by the SEC and savvy investors.

DNotes of course isn't concerned whatsoever about this, we are putting ourselves through the highest level of investor and regulatory scrutiny through Reg D & Reg A+ offerings because we are certain in the quality that we deliver.

[Amadeus82]

I have been on a vacation for a week now with limited access to internet, and now when I came back I have checked the price of DNotes and have seen that it has increased nicely While most of other coins are still decreasing in price I think that this increase is really good sign for DNotes

[DNotes]

I have been on a vacation for a week now with limited access to internet, and now when I came back I have checked the price of DNotes and have seen that it has increased nicely While most of other coins are still decreasing in price I think that this increase is really good sign for DNotes

Thanks Amadeus82, hope you are having a good vacation. I consider DNotes as still getting re-established on the exchanges after the recent upgrade and gaining more traction by the day. I believe you are correct, DNotes showing signs of growth in an industry downtrend is a really good sign.

[DNotes]

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

A: We have set April 16th 2018 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://dashboard.listex.io/trading/notebtc
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

Beta or Future Exchanges we are working with:
https://blockbid.io/

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/


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: http://dnotescoin.com/#Download

Install the wallet (and we recommend creating a backup, after encrypting your wallet)
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.
   
Video: https://youtu.be/bR66LWPRzAU

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.