DNotes 2.0 - Staking, CRISP Interest, DNotes Pay

[DNotes]

Thanks so much for posting the FAQs about DNotes 2.0.

Before I invest heavily in a lot of math... does anyone happen to know off hand: is it currently more profitable to download the wallet, transfer all DNotes balances to wallet and begin staking? Or, is it just as profitable to leave it in DNotes Vault as CRISP accounts?

I do understand about the risks with staking on your own computer, so no need to address that. I'm just interested in the hard profitability numbers. If someone has already figured this out, I'd love to know. Otherwise, I'll run the calculations and post it

As I understand it, CRISP is associated with an wallet address (QT or vault...30 day hold).  So, staking would be in addition to.?  The math I'm trying to do is staking weight v. network weight.  Am I correct with this assumption?

That would sure be good to know. Can you have a CRISP outside of the DNotes Vault simply by not touching your balance?

Depending on how the staking actually works and is logged, a staking incident could register as a withdrawal. In other wallets I've worked with, it registers as a withdrawal, then a deposit (where the deposit includes the original balance and staking reward). If that's how DNotes wallet logs it, then I would think only nonstaking wallets or DNotes Vault wallets would be eligible for CRISP rewards.

Joe, can you shed some light?

So it looks like the "math" on figuring out staking vs. CRISP was way easier than I thought.

Staking is 2% annually if 100% of all coins are staking, which is highly unlikely. 50% of the coins staking at any one time is much more likely, and that would yield a return of 4% annually for those staking coins.

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.

With CRISP, you get 6.17% annual return. To be able to beat that with POS you'd have to gamble on only roughly 1/3 of the total coins in circulation staking, which could happen. I'd have to do some research on other POS coins to see what percentage of their coins are typically held for staking, and I will try to pay attention to what DNotes' stats on that are as they develop.

The drawback of going the CRISP route is that you basically can't move your coins ever in order to get those rewards, whereas with staking you can move coins any time you want and still get staking rewards on the remaining ones. SMART Cash coin has a similar program in which as long as you don't touch your balance, you get monthly staking rewards, but if you make a single withdrawal, then you lose out on the next round of rewards for that address.

In the end, the question for me is the one Denver Dan brought up, which is: is it technically feasible to do both? Can I send coins to a wallet address and stake them for that 2%, and *also* collect the CRISP reward if I don't move the balance? Or do I have to choose one?

Finally, if the CRISP rewards are so much better than regular staking rewards, then how is is sustainable? Where are the reward coins for CRISP coming from?

Another final question: When does the next period of "don't move your balance if you want the next CRISP reward" begin? Has it already begun? Or does it start sometime in the near future?

I just logged into my DNotes Vault account for the first time since the swap and I'm wanting to make the best decision about what to do with the coins currently held there.

That is correct CRISP is paid out of the blockchain and based on address. So staking only adds to the amount of coins you can receive.

Staking transactions are specifically designed to allow CRISP to identify a staking payment, and not interfere with CRISP payments.

You can chose both, I would just recommend starting off slowly. Make sure you have a good understanding of what is needed to backup and protect your wallet.

This is a good place to start:
https://dcebrief.com/protecting-your-cryptocurrency-what-is-the-best-bitcoin-wallet-for-you/

Use offline procedures where possible, especially during the creation and encryption of your wallet. Don't enter your password online where possible.

[DNotes]

I mean staking automatically on DNotesVault and users do not need to run their own wallets. Possible in the future?

I would have to vote against this. A widely decentralized network of nodes is vital to DNotes' security, so we need to provide additional incentive for node operators. Cold Staking from DNotesVault will allow people to keep their DNotes safely offline while earning an extra staking reward for providing the service of running a node and validating blocks.

Agreed, once we can push out cold staking there will be a huge benefit to users, while simultaneously keeping them safe and supporting the network. There is always a trade off between security, ease of use, and functionality. Cold staking is the best option for the near term.

[DNotes]

Exchange Update: Cryptopia is working very hard to get the process started today.

[Yefet]

@DNotes

Well,I've just checked my DNotesVault account and not found the CRISP related tabs 
Are they not ready yet? And what did happen to the previously opened CRISP accounts? Should they be renewed by the holders?

[wiser]

Thanks Joe (DNotes), you answered all my questions except one: when does the first period for CRISP reward eligibility start and end?

[DNotes]

Thanks Joe (DNotes), you answered all my questions except one: when does the first period for CRISP reward eligibility start and end?

Oh, my fault. First I'd like to mention, virtually no one will receive the first payout for CRISP.

You must have your coins at your address by block 43,200 (cut off), and remain at that address until block 86,400 (cut off 30 days after), and that CRISP payment will be made starting at block 96480 (1 week later).
Every 30 days or 43,200 blocks will begin a new CRISP period.
1 week after the CRISP period, or 10,080 blocks later, that CRISP reward will start paying out.

[DNotes]

@DNotes

Well,I've just checked my DNotesVault account and not found the CRISP related tabs 
Are they not ready yet? And what did happen to the previously opened CRISP accounts? Should they be renewed by the holders?

Hi Yefet,

Yes that is correct. The CRISP related tabs are removed, as CRISP is now a function of the blockchain.

Your previous CRISP accounts and addresses, are now moved over to the dashbaord to operate as normal DNotesVault accounts (and unlocked).

[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 Total Coins / 525,600
60 Second Block Target
0.005 Transaction Fee
Source: https://github.com/DNotesCoin/DNotes2.0
Download Wallet: https://github.com/DNotesCoin/DNotes2.0/releases/tag/v2.0.0.0
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?

A: DNotes stored on the DNotesVault are automatically swapped for you, you don’t need to take any action as the swap process has been done on your behalf.

For new coins you would like to swap, from an exchange, a local wallet, paper wallet, that were not already located on the DNotesVault:

If you do not already have a DNotesVault account, register here: https://dnotesvault.com/register
Login to your DNotesVault account.
Click “historic” at the top.
If you don't have any addresses yet, click create address.
Send your old DNotes to one of your historical addresses.
The DNotes you send will then be converted to the new DNotes 2.0 coins, and will show in your new DNotes wallet under “dashboard” after we have completed the swap process.
Note: Please allow some time for this process to complete.

Q: I had a DNotes Vault account with DNotes in it before the swap. Have my old DNotes been swapped into the new coins?

A: Yes. We have taken care of swapping all coins held at the DNotes Vault at the time of the upgrade. You don’t need to take any action.


Q: I found some DNotes from the old blockchain, can I still swap them for the new DNotes tokens?

A: Yes, we will continue to run the old blockchain and give a reasonable period of time for people to swap their DNotes to the new DNotes 2.0 tokens. We recommend that users take action to swap their coins as soon as possible, and may treat swaps on a case by case basis.

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, 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: 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 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.

Q: What exchanges are DNotes listed on?

A: Cryptopia, Nova, Yobit, & Trade By Trade

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.

Q: When will Cryptopia relist DNotes 2.0?

A: Cryptopia is starting the delisting process and they have advised they will connect us with their relisting team once the DNotes have been removed from the exchange, in order to prevent confusion.

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, these are among our high priority items to get done as soon as possible.

Q: Where is the block explorer?

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

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.

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

We have been working hard at DNotesEDU to get ready for the 1st Cryptocurrency Education Week starting on Sunday, April 8th. Just to clarify (so I don't get in trouble, lol) - the contests and giveaways are through social media and have nothing to do with Bitcointalk. Please do whatever you can to help by sharing as much as possible. Thank you!!





Cryptocurrency Education Week  


As part of Financial Literacy Month in the United States, DNotesEDU will be hosting Cryptocurrency Education Week from April 8th - 14th, 2018.

The goal is to raise awareness of the need for free, accurate, and unbiased introductory educational material on cryptocurrency. To achieve mainsteam adoption there needs to be a strong focus on investor protection, and while cryptocurrency education is the key to accomplishing this, it is also a favorite bait of fraudsters and their schemes. Quality educational material is honest about the risks involved, and does not make specific coin or token recommendations. There is no reference to anything that sounds like guaranteed high returns, earn $millions, hot tips, secrets that you have to pay for, or any other too-good-to-be-true claims. Educational material should be inclusive and empowering - it should teach you how to make decisions for yourself.

Contests and giveaways

During the week, we will be giving away DNotes digital currency to random lucky winners that have been sharing DNotesEDU cryptocurrency educational material on social media.
Make sure your posts contain #CryptocurrencyEducationWeek  @DNotesEDU so we can find you when searching.
Keep an eye out for additional contests and random, instant giveaways held throughout the week that will be announced on Facebook and Twitter.
At the end of the week, every eligible post has a chance to win a Grand Prize Draw of 5,000 DNotes, plus numerous runner-up prizes!

#CryptocurrencyEducationWeek @DNotesEDU - Posts to share

Share this Cryptocurrency Education Week announcement post and any/or all of the following:
Financial Literacy Needs to Include Knowledge on Cryptocurrency - https://dnotesedu.com/2018/04/financial-literacy-needs-to-include-knowledge-on-cryptocurrency/
If Cryptocurrency Confuses You... Start Here - https://dnotesedu.com/digital-currency/cryptocurrency/
Cryptocurrency and ICO Screening Guide for Investors - https://dnotesedu.com/2018/02/cryptocurrency-ico-screening-guide-for-investors/
Why Coin Age Matters in Cryptocurrency - https://dnotesedu.com/2018/04/why-coin-age-matters-in-cryptocurrency/
10 Reasons to do Your Homework Before Investing in ICOs - https://dnotesedu.com/2018/01/10-reasons-to-do-your-homework-before-investing-in-icos/
Risk Reduction Strategies in Cryptocurrency Investing: Part 1 - Education - https://dnotesedu.com/2018/04/risk-reduction-strategies-in-cryptocurrency-investing-part-1-education/
Risk Reduction Strategies in Cryptocurrency: Part 2 - Research - https://dnotesedu.com/2018/04/risk-reduction-strategies-in-cryptocurrency-investing-part-2-research/
Risk Reduction Strategies in Cryptocurrency: Part 3 - Diversification - https://dnotesedu.com/2018/04/risk-reduction-strategies-in-cryptocurrency-investing-part-3-diversification/
Risk Reduction Strategies in Cryptocurrency: Part 4 - Dollar Cost Averaging - https://dnotesedu.com/2018/04/risk-reduction-strategies-in-cryptocurrency-investing-part-4-dollar-cost-averaging/
Risk Reduction Strategies in Cryptocurrency: Part 5 - Security Precautions - https://dnotesedu.com/2018/04/risk-reduction-strategies-in-cryptocurrency-investing-part-4-dollar-cost-averaging/
Cryptocurrency Regulation - https://dnotesedu.com/digital-currency/regulation/
Other cryptocurrency educational material from the Digital Currency modules or blog - https://dnotesedu.com/digital-currency/regulation/

You can share as many times as you like, but it must be DNotesEDU cryptocurrency educational material only.
Make sure all posts contain both #CryptocurrencyEducationWeek  and  @DNotesEDU
Promotion of any coins or tokens is NOT allowed in the posts.

Good Luck!

https://dnotesedu.com/2018/04/cryptocurrency-education-week/

#CryptoCurrencyWeek @DNotesEDU starts today!





I have started a thread in the "Beginners and Help" forum - https://bitcointalk.org/index.php?topic=3281937.new#new. If anyone has a spare moment throughout the week, it would be very much appreciated it you could leave a comment and help keep the thread current. Helpful content gets drowned out very quickly on Bitcointalk. lol

Good luck to all contest participants!!  

[wiser]

Thanks Joe (DNotes), you answered all my questions except one: when does the first period for CRISP reward eligibility start and end?

Oh, my fault. First I'd like to mention, virtually no one will receive the first payout for CRISP.

You must have your coins at your address by block 43,200 (cut off), and remain at that address until block 86,400 (cut off 30 days after), and that CRISP payment will be made starting at block 96480 (1 week later).
Every 30 days or 43,200 blocks will begin a new CRISP period.
1 week after the CRISP period, or 10,080 blocks later, that CRISP reward will start paying out.

What are the approximate dates of those blocks being found? Where is the DNotes block explorer?

[DNotes]

Thanks Joe (DNotes), you answered all my questions except one: when does the first period for CRISP reward eligibility start and end?

Oh, my fault. First I'd like to mention, virtually no one will receive the first payout for CRISP.

You must have your coins at your address by block 43,200 (cut off), and remain at that address until block 86,400 (cut off 30 days after), and that CRISP payment will be made starting at block 96480 (1 week later).
Every 30 days or 43,200 blocks will begin a new CRISP period.
1 week after the CRISP period, or 10,080 blocks later, that CRISP reward will start paying out.

What are the approximate dates of those blocks being found? Where is the DNotes block explorer?

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

April 27 - Ends first CRISP period.
May 4 - Payout starts.
May 27 - Ends second CRISP period
June 3 - Payout starts

Roughly.

[DCEBrief]

Cryptopia Announces Results of Effort to Improve Customer Support

https://dcebrief.com/cryptopia-announces-results-of-effort-to-improve-customer-support/

[DNotes]

Update: Cryptopia has notified its users of the coin swap and has begun the delisting process.

[wiser]

Thanks Joe (DNotes), you answered all my questions except one: when does the first period for CRISP reward eligibility start and end?

Oh, my fault. First I'd like to mention, virtually no one will receive the first payout for CRISP.

You must have your coins at your address by block 43,200 (cut off), and remain at that address until block 86,400 (cut off 30 days after), and that CRISP payment will be made starting at block 96480 (1 week later).
Every 30 days or 43,200 blocks will begin a new CRISP period.
1 week after the CRISP period, or 10,080 blocks later, that CRISP reward will start paying out.

What are the approximate dates of those blocks being found? Where is the DNotes block explorer?

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

April 27 - Ends first CRISP period.
May 4 - Payout starts.
May 27 - Ends second CRISP period
June 3 - Payout starts

Roughly.

Thanks so much for that info. One other question: why do you say that virtually no one will receive the first payout for CRISP? Is it because the actual swap happened after March 27th?

Also, where are the coins coming from to pay the CRISP rewards?

[Dyna]

One of the more prominent New Zealand cryptocurrency pages featured a post about DNotes today. It was lengthy, and well written. I could tell that the page admin, Felix spent a bit of time reading through all of our material. See the link below for the full post, and I'd recommend following his page, there is some good content there.

https://www.facebook.com/CryptoNewZealand/posts/226877917891630

Thank you, Crypto New Zealand. Quite an amazing review with great insights of what DNotes is about. Don’t worry about why we are into so many things. It is not easy to connect all the dots. We recognize that possibility four years ago when we decided to map out a strategy of casting a very wide net that is difficult for others to replicate. That is our stategic pathway to mass adoption. Otherwise, we would be just another crypto. So, I personally take that as a compliment.

DNotes is a big, bold vision of global scale: to create a truly inclusive supplemental currency that is accessible to everyone in the world. To realize that vision, we have worked relentlessly to build a trusted brand; invaluable in financial services and founded DNotes Global, Inc to help carry on its many vital missions.

We have painstakingly built a sound foundation using the most strategic path to reach our vision of mass acceptance of DNotes in global commerce. If you can see what we see, I trust you will be convinced that this takes a very complex ecosystem well engineered and perfectly executed at the right time. We are mindful that this is a long journey towards the mass acceptance of DNotes. And we can use all the help that we can get.

Your concluding paragraph is quite an inspiration. We will be greatly honored to help carry out the mission Satoshi started. We believe that mass adoption of digital cash is the future and worth fighting for.

CNZ, “I do commend the DNotes team for refusing to accept the dominance of Bitcoin. The idea of sending, receiving, storing and investing electronic funds in a decentralised fashion is where it all began – with Satoshi no longer active, why shouldn’t we continue to try to perfect his vision? By taking a business approach to cryptocurrency, DNotes provides you with the chance to get in on the first company-backed coin, and this approach has certainly piqued my interest.”

Thank you very much, Felix of CNZ.

[DNotes]

Thanks Joe (DNotes), you answered all my questions except one: when does the first period for CRISP reward eligibility start and end?

Oh, my fault. First I'd like to mention, virtually no one will receive the first payout for CRISP.

You must have your coins at your address by block 43,200 (cut off), and remain at that address until block 86,400 (cut off 30 days after), and that CRISP payment will be made starting at block 96480 (1 week later).
Every 30 days or 43,200 blocks will begin a new CRISP period.
1 week after the CRISP period, or 10,080 blocks later, that CRISP reward will start paying out.

What are the approximate dates of those blocks being found? Where is the DNotes block explorer?

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

April 27 - Ends first CRISP period.
May 4 - Payout starts.
May 27 - Ends second CRISP period
June 3 - Payout starts

Roughly.

Thanks so much for that info. One other question: why do you say that virtually no one will receive the first payout for CRISP? Is it because the actual swap happened after March 27th?

Also, where are the coins coming from to pay the CRISP rewards?

Because the period, from the first block, to the first CRISP cut off, all of the coins will have been moved from one address to another. Invalidating their ability to receive CRISP, as a result of the swap process.

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

[wiser]

Thanks so much for that info. One other question: why do you say that virtually no one will receive the first payout for CRISP? Is it because the actual swap happened after March 27th?

Also, where are the coins coming from to pay the CRISP rewards?

Because the period, from the first block, to the first CRISP cut off, all of the coins will have been moved from one address to another. Invalidating their ability to receive CRISP, as a result of the swap process.

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

Cool! So, the blockchain provides two different reward mechanisms. That makes sense. I see I'm going to have to update my thinking about DNotes to the 2.0 version I'll catch on, I'm sure.

Thanks also for the explanation about why no rewards for the first CRISP period. It makes perfect sense. It looks like we all have until at least April 25th to get our coins situated where we want them to live for collecting those rewards.

[DNotes]

For anyone getting "Invalid Address" trying to withdraw from Cryptopia:

Login to your DNotesVault account. Click the "HISTORIC" tab, then click "Create Address", you can use this newly created address to deposit your DNotes 1.x from Cryptopia. Your coins will be manually swapped for DNotes 2.0 in the next batch.

Thank you for your support and patience!

[giantkin]

argh.  i hadnt been keeping up... so the delisting was news to me.

 and its one of those times that i have a low dnote count.

    been mining off/on for 3yrs.   along with buying/selling ofc.

   dnotes has been one of my staples since i first got involved with altcoins and mining.

Just reading thru some of the posts...  and the new setup sounds interesting.

Ill have to make sure I keep up now!

g

[Dyna]

argh.  i hadnt been keeping up... so the delisting was news to me.

 and its one of those times that i have a low dnote count.

    been mining off/on for 3yrs.   along with buying/selling ofc.

   dnotes has been one of my staples since i first got involved with altcoins and mining.

Just reading thru some of the posts...  and the new setup sounds interesting.

Ill have to make sure I keep up now!

g

Good to see you, and learn that you have been a DNotes supporter, giantkin. Thank you and hope that you would stock up on DNotes before long. We may have a few more weeks of quiet period as the exchanges switch over to DNotes 2.0. Unfortunately, they do not communicate like the way we would - making it a challenging guessing game.   

[Dyna]

Thanks so much for that info. One other question: why do you say that virtually no one will receive the first payout for CRISP? Is it because the actual swap happened after March 27th?

Also, where are the coins coming from to pay the CRISP rewards?

Because the period, from the first block, to the first CRISP cut off, all of the coins will have been moved from one address to another. Invalidating their ability to receive CRISP, as a result of the swap process.

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

Cool! So, the blockchain provides two different reward mechanisms. That makes sense. I see I'm going to have to update my thinking about DNotes to the 2.0 version I'll catch on, I'm sure.

Thanks also for the explanation about why no rewards for the first CRISP period. It makes perfect sense. It looks like we all have until at least April 25th to get our coins situated where we want them to live for collecting those rewards.

Wiser, I am impressed that you always asked great questions. We make great efforts to see to it that things are as simple as possible to the users. Despite that it is not always easy for everyone to understand. We will continue to push for improvement and appreciate your contribution to help us get better.