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Author Topic: DNotes 2.0 - Staking, CRISP Interest, DNotes Pay  (Read 148794 times)
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August 07, 2018, 03:54:05 PM
 #5181

I will be looking into decentralized and hybrid exchanges. Most are token exchanges for things like ERC20 tokens. If you have any suggestions for decentralized or hybrid exchanges, please let us know.

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August 07, 2018, 04:03:05 PM
 #5182

I will be looking into decentralized and hybrid exchanges. Most are token exchanges for things like ERC20 tokens. If you have any suggestions for decentralized or hybrid exchanges, please let us know.
Can you explain a little bit about your original ideas on hybrid exchanges, please.
For decentralized exchange, it should be built up for different tokens on different platforms, such as ETH, WAVES, NEOS, etc., not only focus on ETH (ERC20 tokens).
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August 07, 2018, 04:11:51 PM
 #5183

I will be looking into decentralized and hybrid exchanges. Most are token exchanges for things like ERC20 tokens. If you have any suggestions for decentralized or hybrid exchanges, please let us know.
Can you explain a little bit about your original ideas on hybrid exchanges, please.
For decentralized exchange, it should be built up for different tokens on different platforms, such as ETH, WAVES, NEOS, etc., not only focus on ETH (ERC20 tokens).

Sorry, I meant for getting DNotes listed on. The hybrid exchanges have both centralized aspects and decentralized aspects to them, which allows them to trade tokens with a decentralized back end but also accept non-token cryptocurrencies.

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August 07, 2018, 04:27:17 PM
 #5184

I will be looking into decentralized and hybrid exchanges. Most are token exchanges for things like ERC20 tokens. If you have any suggestions for decentralized or hybrid exchanges, please let us know.
Can you explain a little bit about your original ideas on hybrid exchanges, please.
For decentralized exchange, it should be built up for different tokens on different platforms, such as ETH, WAVES, NEOS, etc., not only focus on ETH (ERC20 tokens).

Sorry, I meant for getting DNotes listed on. The hybrid exchanges have both centralized aspects and decentralized aspects to them, which allows them to trade tokens with a decentralized back end but also accept non-token cryptocurrencies.

That has actually been an interesting feature of many platform models, is that exchange operators seem to have much more trouble with a lot of the coins that don't run on ERC20 standard. In some ways this makes it easier for more exchange operators to create a market with less knowledge, but on the other hand it becomes harder for there to be any real difference in the actual products being offered (tokens are just business iterations of the core crypto engine and don't offer anything new technologically).

Though I'm quite sure when it comes to atomic swaps, the whole process tends to be a little more standardised across the code of varying cryptos. We would love to hear more about hybrid / decentralized exchanges that may be DNotes compatible, and it would add a ton of new exchange market options for direct trading.

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August 07, 2018, 09:08:40 PM
 #5185

Tune in at 3PM PST for Alan Yong in a live interview on OC Talk Radio
https://goo.gl/XjWe7a

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August 07, 2018, 10:08:46 PM
 #5186

DEA Special Agent: 90% of Crypto Use is Legal

https://dcebrief.com/dea-special-agent-90-of-crypto-use-is-legal/
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August 08, 2018, 09:35:30 AM
 #5187

I will be looking into decentralized and hybrid exchanges. Most are token exchanges for things like ERC20 tokens. If you have any suggestions for decentralized or hybrid exchanges, please let us know.

All the classic coin chains need to seek decentralized solutions.

Atomic swaps is the best IMO

Also integration with WAVE wallet, see they have BTC, LTC.
Then UNITY with nxt group.
SafeEx with omni group.
And BTS / Bridge BCO / openledger.

Put the best group project is the BLOCK net, lots of promise.

 
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August 08, 2018, 11:37:36 AM
 #5188

I will be looking into decentralized and hybrid exchanges. Most are token exchanges for things like ERC20 tokens. If you have any suggestions for decentralized or hybrid exchanges, please let us know.

Here is a nice article to get you started:

https://medium.com/@theblocknetchannel/understanding-a-decentralized-exchange-eee9e1043f45

Quote
Exchanges have four core functions:

1 Capital deposits
2 Order broadcast
3 Order matching
4 The exchange of tokens

Therefore, in order to be a decentralized exchange, each of these core functions must be decentralized in the following ways:

Traders’ capital must remain in their wallets, and cannot be entrusted to a third party at any stage.
Orders must broadcast directly from trader to trader over an inter-blockchain DHT network overlay. Traders’ apps must compile an order book themselves instead of relying on a central order book service.
Orders must be matched directly between traders. When one accepts another’s order, their apps communicate to set up the coin exchange process, and this is broadcast over the inter-chain network.
The exchange of tokens must be achieved without the involvement of an intermediary, in a manner that does not require counterparties to trust one another beforehand. An atomic swap protocol must be utilised (meaning that either the exchange of both currencies takes place, or nothing takes place), which employs a system called OP_CHECKLOCKTIMEVERIFY to nullify transaction malleability-based attacks.

I do not want to pitch for Blocknet but the project is currently, in my opinion, leading the way in the area of interoperability. A close second would be Komodo. Rest of the DEX's that I've heard about are not truly decentralized or are only compatible with one platform (Ethereum, Waves)
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August 08, 2018, 01:31:32 PM
 #5189

I will be looking into decentralized and hybrid exchanges. Most are token exchanges for things like ERC20 tokens. If you have any suggestions for decentralized or hybrid exchanges, please let us know.

Here is a nice article to get you started:

https://medium.com/@theblocknetchannel/understanding-a-decentralized-exchange-eee9e1043f45

Quote
Exchanges have four core functions:

1 Capital deposits
2 Order broadcast
3 Order matching
4 The exchange of tokens

Therefore, in order to be a decentralized exchange, each of these core functions must be decentralized in the following ways:

Traders’ capital must remain in their wallets, and cannot be entrusted to a third party at any stage.
Orders must broadcast directly from trader to trader over an inter-blockchain DHT network overlay. Traders’ apps must compile an order book themselves instead of relying on a central order book service.
Orders must be matched directly between traders. When one accepts another’s order, their apps communicate to set up the coin exchange process, and this is broadcast over the inter-chain network.
The exchange of tokens must be achieved without the involvement of an intermediary, in a manner that does not require counterparties to trust one another beforehand. An atomic swap protocol must be utilised (meaning that either the exchange of both currencies takes place, or nothing takes place), which employs a system called OP_CHECKLOCKTIMEVERIFY to nullify transaction malleability-based attacks.

I do not want to pitch for Blocknet but the project is currently, in my opinion, leading the way in the area of interoperability. A close second would be Komodo. Rest of the DEX's that I've heard about are not truly decentralized or are only compatible with one platform (Ethereum, Waves)

Thank you very much Wosterlee and SiamDude, that is very helpful information. We will be looking into these solutions -- this could be very beneficial to the DNotes ecosystem and to DNotes holders, along with those who would like an easier means to acquire them. We will definitely look into adding this into our project pipeline, of which we have some pretty exciting things already in the works.

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August 08, 2018, 03:08:17 PM
 #5190

I will be looking into decentralized and hybrid exchanges. Most are token exchanges for things like ERC20 tokens. If you have any suggestions for decentralized or hybrid exchanges, please let us know.

Here is a nice article to get you started:

https://medium.com/@theblocknetchannel/understanding-a-decentralized-exchange-eee9e1043f45

Quote
Exchanges have four core functions:

1 Capital deposits
2 Order broadcast
3 Order matching
4 The exchange of tokens

Therefore, in order to be a decentralized exchange, each of these core functions must be decentralized in the following ways:

Traders’ capital must remain in their wallets, and cannot be entrusted to a third party at any stage.
Orders must broadcast directly from trader to trader over an inter-blockchain DHT network overlay. Traders’ apps must compile an order book themselves instead of relying on a central order book service.
Orders must be matched directly between traders. When one accepts another’s order, their apps communicate to set up the coin exchange process, and this is broadcast over the inter-chain network.
The exchange of tokens must be achieved without the involvement of an intermediary, in a manner that does not require counterparties to trust one another beforehand. An atomic swap protocol must be utilised (meaning that either the exchange of both currencies takes place, or nothing takes place), which employs a system called OP_CHECKLOCKTIMEVERIFY to nullify transaction malleability-based attacks.

I do not want to pitch for Blocknet but the project is currently, in my opinion, leading the way in the area of interoperability. A close second would be Komodo. Rest of the DEX's that I've heard about are not truly decentralized or are only compatible with one platform (Ethereum, Waves)

Thank you very much Wosterlee and SiamDude, that is very helpful information. We will be looking into these solutions -- this could be very beneficial to the DNotes ecosystem and to DNotes holders, along with those who would like an easier means to acquire them. We will definitely look into adding this into our project pipeline, of which we have some pretty exciting things already in the works.

Perfect, thank you again for the information that is very helpful.

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August 08, 2018, 06:47:18 PM
 #5191

Alan Yong on the The Business Blast Podcast



https://anchor.fm/businessblast/episodes/Alan-Yong-Improve-Your-Odds-e1vl0d

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August 08, 2018, 09:36:48 PM
 #5192

Maerki Baumann Private Bank Offering Services to Crypto Customers

https://dcebrief.com/maerki-baumann-private-bank-offering-services-to-crypto-customers/
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August 09, 2018, 01:20:59 PM
 #5193

Maerki Baumann Private Bank Offering Services to Crypto Customers

https://dcebrief.com/maerki-baumann-private-bank-offering-services-to-crypto-customers/
It is good news for Dnotes community when the project has made new partnership with the second Swiss bank.
Excellent works, DNotes team!

Hi lhtot8, that is general cryptocurrency news, not exclusively related to DNotes.

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August 09, 2018, 02:18:53 PM
 #5194

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/






DNotes Pay


DNotes Pay Digital

Use: Selling individual products from a website that can be delivered automatically via a download link or directed to a specific webpage without collecting any information from the buyer.
Integration: Can be integrated into any PHP website.
Instructions:
Edit address.txt and add your DNotes addresses, 1 per line.
Edit index.php and change the 6 Config values at the top.
Upload all files to your web site.
Link to this page via hyperlink or button to accept payments.

https://www.youtube.com/watch?v=4tLDY3RPSbc&t=545s

Features:
Universal PHP/Javascript script.
No database required.
Automatic payment confirmation and product delivery.
No buyer information required.

Script:
https://github.com/DNotesCoin/dnotespay-digital-poc


DNotes Pay Digital - Wordpress Plugin

Use: Selling any number of individual products from a Wordpress website that can be delivered automatically via a download link or directed to a specific webpage without collecting any information from the buyer.
Integration: Can be integrated into any Wordpress website.
Instructions:
Download the plugin and install on your Wordpress website.
Configure your DNotes Pay payment button.
Place the shortcode where ever you would like on your Wordpress website to display the purchase button.

https://www.youtube.com/watch?v=OqKmqHiIXGk

Features:
Easily install on any Wordpress website.
Sell any number of individual products.
Automatic payment confirmation and product delivery.
No buyer information required.

Download Plugin:
https://github.com/DNotesCoin/dnotespay-wp-digital-poc/releases

Source:
https://github.com/DNotesCoin/dnotespay-wp-digital-poc


DNotes Pay Software

Use: Selling software on a Pay Per Period or lifetime purchase automatically and without collecting any information from the buyer.
Integration: Can be integrated into any program, C# example provided.
Instructions:
For C# and .NET applications, modify the code example and integrate into your program.

https://www.youtube.com/watch?v=9myDnwR7SF0

Features:
Automatically accept payments for use of your software.
Novel Pay Per Period model.
Add in any additional security your program may require.
No additional requirements.

Script:
https://github.com/DNotesCoin/dnotespay-sw-poc


What's next?

PHP script for custom shopping cart integration.








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

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.







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August 09, 2018, 04:26:31 PM
 #5195

Congratulations Alan on the interview. You're sure getting quite a few of these interviews lately. You're representing the brand well!

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August 09, 2018, 06:53:02 PM
 #5196

Congratulations Alan on the interview. You're sure getting quite a few of these interviews lately. You're representing the brand well!

Thanks, Tim. I am certainly keeping myself very busy. Thanks to everyone for your continued support.
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August 09, 2018, 08:53:57 PM
 #5197

Pantera Capital’s Morehead Says Bitcoin Investors Have Overreacted to ETF News

https://dcebrief.com/pantera-capitals-morehead-says-bitcoin-investors-have-overreacted-to-etf-news/
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August 09, 2018, 10:14:09 PM
 #5198



As Canada's Government Falters, Will Cryptocurrency Gain Ground?
https://dcebrief.com/as-canadas-government-falters-will-cryptocurrency-gain-ground/
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August 10, 2018, 02:03:59 PM
 #5199

Excellent article on Quora featuring DNotes, thank you Jake!




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August 10, 2018, 06:34:23 PM
 #5200

Four Pillars of Business Success - Audio Book - Introduction



Improve Your Odds The Four Pillars of Business Success Audio Book Introduction Narrated by Tim Goggin.

This chapter of the book is freely available and more chapters will be made available shortly. Please subscribe to be notified of newly released videos and audio. The full audio book will be available on the website once completed.

https://fourpillarsofbusinesssuccess.com/

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