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Author Topic: DNotes 2.0 - Staking, CRISP Interest, DNotes Pay  (Read 148795 times)
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Mbaker0510
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April 21, 2018, 02:09:04 PM
 #3801

HI DNotes
If you also want young investors, then you have to offer telegram.
Young people love the daily talk.
Bitcointalk is not so trendy.
That's my opinion
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April 21, 2018, 02:43:47 PM
 #3802

Warren Buffett is not a support of our industry. I am convinced that it is something that he does not yet understand. I wished that he kept is mouth shut and not expressed his ignorance with such strong opposing opinion on a new revolutionary technology with world changing implications.  

Nonetheless, I have profound respect for Warren Buffett because of great wisdom about investing.

Here is my favorite: "Whether we're talking about socks or stocks, I like buying quality merchandise when it is marked down. That's what value investing is all about.”

I wished he had said,  ” …. Socks or stocks or digital currency

Because then, I could speculate that he had DNotes in mind. Thanks, Warren. Whether you are for us or against us, our industry can still benefit from your great wisdom.  

Enjoy your reading:

The genius of Warren Buffett in 23 quotes
By: PAUL A. MERRIMAN

One of my favorite ways to learn is to remember pithy quotations that wrap a lot of wisdom into relatively few words. Nobody does that better than Warren Buffett.

In some of my favorite quotes, Buffett preaches patience, simplicity, index funds, and understanding the difference between what you know and what you don't. He's in favor of being smart, and against being dumb.

I'll give you some examples, followed by my own comments.

Since this article is about learning, let's start with this:

"What we learn from history is that people don't learn from history." When investors get either too fearful or too greedy, they sometimes hide behind the notion that "This time it's different." Usually they regret it.

On fear and greed

"Two super-contagious diseases, fear and greed, will forever occur in the investment community. The timing of these epidemics will be unpredictable. ... We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful." This is the simple recipe for being a contrarian investor.

On patience, in three examples

"No matter how great the talent or efforts, some things just take time. You can't produce a baby in one month by getting nine women pregnant."

"Our favorite holding period is forever." This is buy-and-hold investing, pure and simple.

"I don't look to jump over seven-foot bars: I look around for one-foot bars that I can step over." In my own view, index funds are the ultimate one-foot bar.

On sticking with what you know

"Risk comes from not knowing what you're doing."

"Diversification is a protection against ignorance." I think he's right on target here, and we all need this protection. We cannot possibly understand all the moving parts of the global economy and the myriad of investment choices available to us.

"Only when the tide goes out do you discover who's been swimming naked." In a bull market, everybody's a genius. But a bear market reveals who's got what it takes to achieve long-term success — and who doesn't.

"Never invest in a business you cannot understand." This is a good reason not to invest in individual stocks. I find it virtually impossible to understand the intricacies of any single company or a single industry. I can, however, understand an asset class with nearly 90 years of historical data. And I can invest in an index fund that captures that asset class.

"What counts for most people in investing is not how much they know, but rather how realistically they define what they don't know." Unfortunately, know-it-alls tend to place big financial bets. Failing to learn from their own history (see above), they keep doing so again and again.

On being smart and being successful

"You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beats the guy with 130 IQ."

Along the same lines: "It is not necessary to do extraordinary things to get extraordinary results. ... By periodically investing in an index fund, the know-nothing investor can actually outperform most investment professionals."

My take on that topic: If you want above-average results with below-average risks, make regular investments in index funds and leave the money there until you need it.

Now let's look at some other Warren Buffett gems that include his thoughts on the value of value investing, the non-value of predictions, following the herd, the tarnish of gold as an investment, and more.

On value investing

"Whether we're talking about socks or stocks, I like buying quality merchandise when it is marked down." That's what value investing is all about.

On following the herd

"Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can't buy what is popular and do well." Following the herd can be very dangerous. Just ask the many investors who staked their futures on technology stocks in 1999.

On predictions

"We have long felt that the only value of stock forecasters is to make fortune-tellers look good." I'm amazed at how many investors take market forecasters seriously, even when they have no credible track records of success.

On losing money

"Rule No.1 is never lose money. Rule No.2 is never forget Rule No. 1." Warren Buffet has broken both of these rules, as I've pointed out. Even so, he has amassed an enormous amount of wealth.

"The most important thing to do if you find yourself in a hole is to stop digging." This can be interpreted as advice to sell your losing investments. But I think a better interpretation is this: When you realize you are doing something dumb with your money, stop it.

On good habits

"Chains of habits are too light to be felt until they are too heavy to be broken." This next quote describes a very good habit.

"Do not save what is left after spending, but spend what is left after saving." This is known as paying yourself first, and it works brilliantly for investors who develop this habit while they are young.

"You shouldn't own common stocks if a 50% decrease in their value in a short period of time would cause you acute distress." Losses like this are infrequent, but they are normal enough that you should expect them. You can significantly reduce this risk by adding bonds to your portfolio.

"With enough insider information and a million dollars, you can go broke in a year." I have seen several investors lose everything because they followed what they thought was trustworthy inside information.

On gold

"I will say this about gold. If you took all the gold in the world, it would roughly make a cube 67 feet on a side ... Now for that same cube of gold, it would be worth at today's market prices about $7 trillion — that's probably about a third of the value of all the stocks in the United States. For $7 trillion, you could have all the farmland in the United States, you could have about seven Exxon Mobil Corporations plus a trillion dollars of walking-around money. ... If you offered me the choice of looking at some 67-foot cube of gold all day, ... call me crazy, but I'll take the farmland and the Exxon Mobil Corporations."

My favorite Buffett quote

"You only have to do a very few things right in your life so long as you don't do too many things wrong." This is my favorite Buffett quote. Long-term success belongs to those investors who consistently focus on doing a few things right and on avoiding the worst errors.
Source: https://www.marketwatch.com/story/the-genius-of-warren-buffett-in-23-quotes-2015-08-19



I have to voice what may be the unpopular opinion about Mr Buffett. I don't believe he is a great investor. I fact, I don't believe he is very good at it at all. What I do see in Buffett is the ability to surround himself with intelligent people and, the ability to listen and act on their advise. I say this mainly because he contradicts himself often and, he speaks on issues he does not understand. I'm not trying to start an "I hate Warren because..." club here, just calling it like I see it. Many of my best investments were suggested by others. No shame there.

Too his credit, he has admitted his ignorance on crypto but,why not take the time to learn instead of continually feigning ignorance? Perhaps he should take the advice offered in some of his own quotes. Sorry Alan...

"Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety." Ben Franklin
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April 21, 2018, 03:09:11 PM
 #3803

Warren Buffett is not a support of our industry. I am convinced that it is something that he does not yet understand. I wished that he kept is mouth shut and not expressed his ignorance with such strong opposing opinion on a new revolutionary technology with world changing implications.  

Nonetheless, I have profound respect for Warren Buffett because of great wisdom about investing.

Here is my favorite: "Whether we're talking about socks or stocks, I like buying quality merchandise when it is marked down. That's what value investing is all about.”

I wished he had said,  ” …. Socks or stocks or digital currency

Because then, I could speculate that he had DNotes in mind. Thanks, Warren. Whether you are for us or against us, our industry can still benefit from your great wisdom.  

Enjoy your reading:

The genius of Warren Buffett in 23 quotes
By: PAUL A. MERRIMAN

One of my favorite ways to learn is to remember pithy quotations that wrap a lot of wisdom into relatively few words. Nobody does that better than Warren Buffett.

In some of my favorite quotes, Buffett preaches patience, simplicity, index funds, and understanding the difference between what you know and what you don't. He's in favor of being smart, and against being dumb.

I'll give you some examples, followed by my own comments.

Since this article is about learning, let's start with this:

"What we learn from history is that people don't learn from history." When investors get either too fearful or too greedy, they sometimes hide behind the notion that "This time it's different." Usually they regret it.

On fear and greed

"Two super-contagious diseases, fear and greed, will forever occur in the investment community. The timing of these epidemics will be unpredictable. ... We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful." This is the simple recipe for being a contrarian investor.

On patience, in three examples

"No matter how great the talent or efforts, some things just take time. You can't produce a baby in one month by getting nine women pregnant."

"Our favorite holding period is forever." This is buy-and-hold investing, pure and simple.

"I don't look to jump over seven-foot bars: I look around for one-foot bars that I can step over." In my own view, index funds are the ultimate one-foot bar.

On sticking with what you know

"Risk comes from not knowing what you're doing."

"Diversification is a protection against ignorance." I think he's right on target here, and we all need this protection. We cannot possibly understand all the moving parts of the global economy and the myriad of investment choices available to us.

"Only when the tide goes out do you discover who's been swimming naked." In a bull market, everybody's a genius. But a bear market reveals who's got what it takes to achieve long-term success — and who doesn't.

"Never invest in a business you cannot understand." This is a good reason not to invest in individual stocks. I find it virtually impossible to understand the intricacies of any single company or a single industry. I can, however, understand an asset class with nearly 90 years of historical data. And I can invest in an index fund that captures that asset class.

"What counts for most people in investing is not how much they know, but rather how realistically they define what they don't know." Unfortunately, know-it-alls tend to place big financial bets. Failing to learn from their own history (see above), they keep doing so again and again.

On being smart and being successful

"You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beats the guy with 130 IQ."

Along the same lines: "It is not necessary to do extraordinary things to get extraordinary results. ... By periodically investing in an index fund, the know-nothing investor can actually outperform most investment professionals."

My take on that topic: If you want above-average results with below-average risks, make regular investments in index funds and leave the money there until you need it.

Now let's look at some other Warren Buffett gems that include his thoughts on the value of value investing, the non-value of predictions, following the herd, the tarnish of gold as an investment, and more.

On value investing

"Whether we're talking about socks or stocks, I like buying quality merchandise when it is marked down." That's what value investing is all about.

On following the herd

"Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can't buy what is popular and do well." Following the herd can be very dangerous. Just ask the many investors who staked their futures on technology stocks in 1999.

On predictions

"We have long felt that the only value of stock forecasters is to make fortune-tellers look good." I'm amazed at how many investors take market forecasters seriously, even when they have no credible track records of success.

On losing money

"Rule No.1 is never lose money. Rule No.2 is never forget Rule No. 1." Warren Buffet has broken both of these rules, as I've pointed out. Even so, he has amassed an enormous amount of wealth.

"The most important thing to do if you find yourself in a hole is to stop digging." This can be interpreted as advice to sell your losing investments. But I think a better interpretation is this: When you realize you are doing something dumb with your money, stop it.

On good habits

"Chains of habits are too light to be felt until they are too heavy to be broken." This next quote describes a very good habit.

"Do not save what is left after spending, but spend what is left after saving." This is known as paying yourself first, and it works brilliantly for investors who develop this habit while they are young.

"You shouldn't own common stocks if a 50% decrease in their value in a short period of time would cause you acute distress." Losses like this are infrequent, but they are normal enough that you should expect them. You can significantly reduce this risk by adding bonds to your portfolio.

"With enough insider information and a million dollars, you can go broke in a year." I have seen several investors lose everything because they followed what they thought was trustworthy inside information.

On gold

"I will say this about gold. If you took all the gold in the world, it would roughly make a cube 67 feet on a side ... Now for that same cube of gold, it would be worth at today's market prices about $7 trillion — that's probably about a third of the value of all the stocks in the United States. For $7 trillion, you could have all the farmland in the United States, you could have about seven Exxon Mobil Corporations plus a trillion dollars of walking-around money. ... If you offered me the choice of looking at some 67-foot cube of gold all day, ... call me crazy, but I'll take the farmland and the Exxon Mobil Corporations."

My favorite Buffett quote

"You only have to do a very few things right in your life so long as you don't do too many things wrong." This is my favorite Buffett quote. Long-term success belongs to those investors who consistently focus on doing a few things right and on avoiding the worst errors.
Source: https://www.marketwatch.com/story/the-genius-of-warren-buffett-in-23-quotes-2015-08-19



I have to voice what may be the unpopular opinion about Mr Buffett. I don't believe he is a great investor. I fact, I don't believe he is very good at it at all. What I do see in Buffett is the ability to surround himself with intelligent people and, the ability to listen and act on their advise. I say this mainly because he contradicts himself often and, he speaks on issues he does not understand. I'm not trying to start an "I hate Warren because..." club here, just calling it like I see it. Many of my best investments were suggested by others. No shame there.

Too his credit, he has admitted his ignorance on crypto but,why not take the time to learn instead of continually feigning ignorance? Perhaps he should take the advice offered in some of his own quotes. Sorry Alan...


No problems there, RJF. This is a case in point that no one is perfect.

Not so bad, at least we can agree on one thing, "What I do see in Buffett is the ability to surround himself with intelligent people and, the ability to listen and act on their advise."

Sounds like DNotes. We are surrounded by amazing people who make me look great. But then I am no Warren Buffet. I am just an average guy from the old school who believes in honesty, integrity, respect for the common men and women, and make money the of fashion ways.   
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April 21, 2018, 03:23:24 PM
 #3804

I think Warren Buffet may be that case of having done enough things right that he hasn't been too burned by the wrong things he has also done. No one is perfect. He has some great quotes. Everyone is capable of teaching us some truth and we don't have to agree with everything about them to learn that truth.

I think surrounding yourself with other intelligent people, and not trying to do it all yourself, is a valuable thing. I've even heard it said that if you run a company, you should try to hire people who are even smarter than you, at least in the job for which you hire them. I think that is great advice.

I think a case in point with that being put into practice is DNotes Global's partnership with Geneca. I'm assuming the people at Geneca are way smarter at software development than anyone on the DNotes team (even though we do have some great technical minds). And that's why DNotes Global chose them.
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April 21, 2018, 03:58:39 PM
 #3805

I think Warren Buffet may be that case of having done enough things right that he hasn't been too burned by the wrong things he has also done. No one is perfect. He has some great quotes. Everyone is capable of teaching us some truth and we don't have to agree with everything about them to learn that truth.

I think surrounding yourself with other intelligent people, and not trying to do it all yourself, is a valuable thing. I've even heard it said that if you run a company, you should try to hire people who are even smarter than you, at least in the job for which you hire them. I think that is great advice.

I think a case in point with that being put into practice is DNotes Global's partnership with Geneca. I'm assuming the people at Geneca are way smarter at software development than anyone on the DNotes team (even though we do have some great technical minds). And that's why DNotes Global chose them.

Thank you, wiser. Great comments. Once DNotes' vision of an inclusive trusted digital currency for mass adoption was clearly defined and articulated, we began to layout the most strategic path, block by block, leading to mass adoption of DNotes - the realization of our vision.

Ingrained in our DNA is our commitment of "best in class" mindset in everything that matters. This includes the selection of our partner Geneca. They greatly expand our software development capabilities. It took us almost two years to find the best fitting company.

Likewise, once our funding is successfully on its way, DNotes Global will be expanding its team to include full-time and part-time positions of great employees who can grow with us to become exceptional employees. Our bars are set very high but if you have an interest to join our team get to know us early.
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April 21, 2018, 06:54:44 PM
 #3806

San Francisco Fed President Says Crypto Fails ‘Basic Test’ of Currency

https://dcebrief.com/san-francisco-fed-president-says-crypto-fails-basic-test-of-currency/
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April 21, 2018, 07:13:01 PM
 #3807

I would have to agree with him that crypto is not going to replace fiat anytime soon. But it will work alongside it. Also, crypto solves some financial problems that central banking has not been able to solve to date.

As for the illicit uses, you could say similar things about cash...

San Francisco Fed President Says Crypto Fails ‘Basic Test’ of Currency

https://dcebrief.com/san-francisco-fed-president-says-crypto-fails-basic-test-of-currency/
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April 21, 2018, 08:47:17 PM
Last edit: April 21, 2018, 11:01:20 PM by Dyna
 #3808

HI DNotes
If you also want young investors, then you have to offer telegram.
Young people love the daily talk.
Bitcointalk is not so trendy.
That's my opinion

Hi Mbaker0510.

I remember you as the guy who drives fast on the German highways without speed limits and “think that DNOTE 2. 0 is a Porsche !!!” Pretty cool idea, actually.  

But here is the challenge. We are already working overtime to finish the “DNotes Highway” so that we can go for a test drive with our Porsche one day. And we don’t like to start something if we can’t actively support it and do it with a best in class mindset.

Here is the deal. If we have a handful of DNotes supporters who want to help out in starting a DNotes Telegram Channel. please send me a personal message or connect with me on LinkedIn (Alan Yong). If qualified, this group will with have the chance to work directly with me and earn some DNotes 2.0.
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April 21, 2018, 11:41:53 PM
 #3809


https://dnotesglobal.com/2018/04/21/alan-yong-talks-dnotes-and-business-success-in-interview-with-ric-bratton/

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April 22, 2018, 03:51:33 AM
 #3810

I've made a telegram group for dnotes discussion,kindly join guys.here's the link.

https://t.me/joinchat/FB-UaUjrQiji-EBatHLsuA
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April 22, 2018, 01:41:23 PM
 #3811

I've made a telegram group for dnotes discussion,kindly join guys.here's the link.

https://t.me/joinchat/FB-UaUjrQiji-EBatHLsuA

Excellent work Umar25494. I am in the group and will be actively assisting its growth by answering questions and posting news. It would be incredibly helpful for as many of you here to join too, and to promote the group on your social media.

We are currently discussing some giveaways to promote membership. Stay tuned.

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April 22, 2018, 02:08:21 PM
 #3812

I've made a telegram group for dnotes discussion,kindly join guys.here's the link.

https://t.me/joinchat/FB-UaUjrQiji-EBatHLsuA

Excellent work Umar25494. I am in the group and will be actively assisting its growth by answering questions and posting news. It would be incredibly helpful for as many of you here to join too, and to promote the group on your social media.

We are currently discussing some giveaways to promote membership. Stay tuned.
My pleasure,I'll do everything in my capacity to make this project a success.
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April 22, 2018, 02:52:26 PM
 #3813

I've made a telegram group for dnotes discussion,kindly join guys.here's the link.

https://t.me/joinchat/FB-UaUjrQiji-EBatHLsuA

Excellent work Umar25494. I am in the group and will be actively assisting its growth by answering questions and posting news. It would be incredibly helpful for as many of you here to join too, and to promote the group on your social media.

We are currently discussing some giveaways to promote membership. Stay tuned.
My pleasure,I'll do everything in my capacity to make this project a success.

Excellent! Greatly appreciated umar and Tim. You've already got 20 members.

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April 22, 2018, 02:54:07 PM
Last edit: April 28, 2018, 03:55:29 PM by DNotes
 #3814




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: 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? (after April 16th)

A: Please fill out the following form: https://goo.gl/forms/EaoGpuXcz04C0KrS2

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

If you do happen to have pending withdrawals from the exchange to your DNotesVault HISTORIC accounts, please email us once the funds have been released. contact@dnotescoin.com


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 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 relisting DNotes 2.0 on May 12, 2018.

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

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

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

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

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

A: Yes!
We currently have Mac and Linux Mint Desktop wallets at DNotesCoin.com.

Q: Where is the block explorer?

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

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

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

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



Staking

Q: What is Staking?

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

Q: Can I stake my coins on the DNotesVault?

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

Q: How do I stake?

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

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

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

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

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

Q: How much can I earn staking?

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



CRISP

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

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

Q: What is the CRISP reward structure?

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

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

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

Q: When will I receive CRISP payments?

A: The next payouts are as follows:

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

Roughly.

Q: Do I get CRISP payments at the DNotesVault?

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

Q: Where do the CRISP coins come from?

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

Q: How do I earn the interest reward?

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




Amadeus82
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April 22, 2018, 07:09:00 PM
 #3815

I've made a telegram group for dnotes discussion,kindly join guys.here's the link.

https://t.me/joinchat/FB-UaUjrQiji-EBatHLsuA

Great work umar! I have of course also joined the group and I really appreciate your work. I think we as a community are making a great progress and I'm extremely glad about that. This awesome coin and team behind it really deserves more attention and wider audience. Telegram group is another step in the right direction  Wink
DCEBrief
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April 22, 2018, 07:12:55 PM
 #3816

I would have to agree with him that crypto is not going to replace fiat anytime soon. But it will work alongside it. Also, crypto solves some financial problems that central banking has not been able to solve to date.

As for the illicit uses, you could say similar things about cash...

San Francisco Fed President Says Crypto Fails ‘Basic Test’ of Currency

https://dcebrief.com/san-francisco-fed-president-says-crypto-fails-basic-test-of-currency/

"As for the illicit uses, you could say similar things about cash..."

Right you are, wiser. The sad thing is that I'm pretty sure that he knows that too. 

DCEBrief
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April 22, 2018, 07:13:14 PM
 #3817

Op-Ed: It’s Vital to Understand that Cryptocurrency is a Real Industry

https://dcebrief.com/op-ed-its-vital-to-understand-that-cryptocurrency-is-a-real-industry/
DCEBrief
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April 22, 2018, 10:59:07 PM
 #3818

Russia’s Supreme Court Directs Lower Court to Review Decision on Crypto Website Ban

https://dcebrief.com/russias-supreme-court-directs-lower-court-to-review-decision-on-crypto-website-ban/
Dyna
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April 23, 2018, 12:09:17 AM
 #3819

I've made a telegram group for dnotes discussion,kindly join guys.here's the link.

https://t.me/joinchat/FB-UaUjrQiji-EBatHLsuA

Umar, thank you very much for starting a DNotes Telegram Group. It's off to a great start.

I just sent you a personal message and want to make sure that you received it.

The Chezzz
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April 23, 2018, 12:18:07 AM
 #3820

DNotes,

Would it be too much to ask for a weekly update on where the exchanges are on their decisions? With the Millions of DNotes purchased and in the Vault wouldn't be a good customer service decision to let us know who is being worked on as possible exchanges for the future so those of us that don't have multiple exchange accounts can start accounts to possibly use. Every exchange have delays in starting accounts with them and could be detrimental to us getting good prices to purchase more DNotes when available. We are the early DNotes family and should get first crack of knowledge of where to purchase.
With that being said also getting accounts setup on those prospective exchanges ahead of time. I would hate to lose out on the early opportunities to purchase more DNotes because I didn't have an account on the exchange ahead of time because of the secrets being kept. It is just my opinion. Also if we know who you are trying to get DNotes on we can put our efforts on pushing them to get DNotes on their exchanges. I understand about being patient for a product to be complete but now that it is finished giving us a list of possible exchanges shouldn't be such a secret. Please take this into consideration before answering my request.

Thank You
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