DNotes 2.0 - Staking, CRISP Interest, DNotes Pay

[doctorlw1]

First CRISP Payment Success!

All, the first CRISP payment was successful! If your DNotes were not moved between blocks 43,200 and now, you will have received 0.5% interest directly from the blockchain.

Great! Was actually just about to ask about this  

[Amadeus82]

First CRISP Payment Success!

All, the first CRISP payment was successful! If your DNotes were not moved between blocks 43,200 and now, you will have received 0.5% interest directly from the blockchain.

Great, I have just checked the Dnotes Vault and I have seen that I have received the interest. Nicely done

[BTCWise]

The DNotes market report for Sunday, June 10, 2018

We now have four active DNotes markets: NLexch and Stocks.exchange and Mercatox and BiteBTC. We expect DNotes to have an updated and active listing on CoinMarketcap and other coin indexing sites within the next two weeks. Until then, I will keep posting the daily market report so we can keep track of DNotes' price.

Wow! This is very good news wiser. Its clear that all the hard work from the team and the community are starting to payoff. I am happy to see that DNotes will be available on CMC very soon. People tend to go their first when looking for info about a project. Great work and congratulations on the milestones.

[BTCWise]

First CRISP Payment Success!

All, the first CRISP payment was successful! If your DNotes were not moved between blocks 43,200 and now, you will have received 0.5% interest directly from the blockchain.

Great work! I just saw now, one successful payment in my account. Hold onto your seats everyone, things are about to change for DNotes. We are about to enter the stratosphere. Next stop the Moon. I am very happy for everyone who stayed with DNotes all these years. Its clear from the actions and the results by the team that I am in the right place at the right time. Keep up the good work and lets all prosper together

[Dyna]

Thank you all for your participation and support in keeping our forum and Telegram engaged and helpful. That 48-hour break for me was refreshing. Instead of constantly working on DNotes’ projects I spent time designing and planning for some gorgeous gardens at our farm. Like DNotes it is all about building for the future, always committed to best in class mindset in everything that matters.

Despite my absence, DNotes carried on with two major accomplishments during that 48 hours. Mercatox Exchange listed DNotes making it the fourth exchanges where DNotes can be acquired or traded. Most important of all, DNotes’ blockchain paid out the CRISP reward flawlessly. That is a very significant event.

Think about it, billions of dollars have been raises on promises on all kinds of projects -  most of them are just that, “promises”. Unfortunately, most of them are not intended to deliver any useful functions or benefits to their investors or the society at large but to enrich their own pockets.

DNotes is a different breed. We are relentless committed to the benefits of stakeholders and the world at large. Without a doubt, we are now equal to in technology and already better than most. DNotesVault with its proven CRISP reward is clearly a cut above anything else that may be remotely close in concept.

We have a lot to be proud of. And this is just the beginning.

Over the long-term, free market is the most efficient pricing system. Warren Buffet said it best, “In the short run, the market is a voting machine but in the long run it is a weighing machine.” At some point in time, its true value will always be reflected.

As it stands, the market as a voting, is pricing DNotes at a lower value than a new coin created over a weekend with a pipe dream. DNotes is a heavy weight. Don’t sell it short.

[MiningHabit]

You are correct about the "scorecard" aspect of CMC, which is maybe less relevant to DNotes than it might be to other coins. However, an active listing there will be most helpful for me (and I'm sure I speak for others too) in establishing tax basis and determining income for all those newly minted DNotes entering my wallet. I use CoinTracking.info, which runs APIs from both CMC and Cryptocoin Charts in determining historical prices. During the gap where we aren't actively listed on CMC (and I assume Cryptocoin Charts--or maybe that's where the 0.004 USD price is coming from), I'm going to have to go back to each individual minting transaction and manually enter the actual price based on the data I've recorded from my DNotes market reports, and then probably make a guess as to what the actual price was before I started producing those reports. It will be very nice to have that be automatic again.

As long as we're working on getting active on CMC again, could we also reach out to Cryptocoin Charts to make sure its information on DNotes is also accurate?

Ah, really great point. Didn't think of that kinda thing at all.

I wouldn't have either, but 2017 taxes was a rude awakening for me on that point. One of the coins I got into, STEEM, I recently chose to get out of. Why? Because its block chain is built in such a way that accurate record keeping is basically impossible. I call it Tax time pain in the butt factor. And it's a real issue.

"Tax time pain in the butt factor." That may remain an industry problem for years to come.

Yeah, my taxes this year sucked. Especially from all the ETH mining that I did.

Here's my default: I just say that my cost bases is 0 where at all posssible. Which means I pay more in Cap gains and Income tax, but it's worth the much smaller headache than being exact with records.

Annoying that all of the convolution forces me to do tax suboptimal thing for the sake of expediency and not wanting to defenestrate whilst doing taxes, ha!

[DNotes]

All, DNotesVault deposits are temporarily delayed while we are working on the back end. Will update when it is back to regular deposits. Thank you for your patience!

[R-J-F]

FYI: Warning! Stay away from OctaEx Exchange, looks like they just pulled an exit scam or, possibly a major hack, but the site is still up. If not, then they are the most incompetent exchange operators on the planet and the warning stands.

https://bitcointalk.org/index.php?topic=4421347.0

[wiser]

Yeah, my taxes this year sucked. Especially from all the ETH mining that I did.

Here's my default: I just say that my cost bases is 0 where at all posssible. Which means I pay more in Cap gains and Income tax, but it's worth the much smaller headache than being exact with records.

Annoying that all of the convolution forces me to do tax suboptimal thing for the sake of expediency and not wanting to defenestrate whilst doing taxes, ha!

I'd recommend checking with accountants. Mine talked me out of that approach but I don't remember exactly why. With CoinTracking cost basis for mining wasn't an issue because they automatically pull in historical coin prices.

[DCEBrief]

DNotes 2.0 Upgraded CRISP Retirement Plan Delivers First Payments to Stakeholders

https://dcebrief.com/dnotes-2-0-upgraded-crisp-retirement-plan-delivers-first-payments-to-stakeholders/

[MECHETO]

 Didnt exist in coinmarket cup....

[wiser]

The DNotes market report for Tuesday, June 12, 2018

My apologies for not getting a report out yesterday. The day simply got away from me.

We now have four active DNotes markets: NLexch and Stocks.exchange and Mercatox and BiteBTC. We expect DNotes to have an updated and active listing on CoinMarketcap and other coin indexing sites within the next two weeks. Until then, I will keep posting the daily market report so we can keep track of DNotes' price.

Today on Mercatox the low price is 449 Satoshi and the high price is 550 Satoshi. The last price is 458 Satoshi, or 0.031412 USD. The current high bid is 504 and the low ask is 458. The 24 hour volume is 354,901.62.

On Stocks.exchange the low price is 426 Satoshi and the high price is 563 Satoshi. The last price was 556 Satoshi, or 0.038134 USD. The current high bid is 477 and the low ask is 556. The 24 hour volume is 132,123.23 NOTE.

On NLexch the low price is 450 Satoshi and the high price is 780 Satoshi. The last price was 450 Satoshi, or 0.030864 USD. The current high bid is 450 and the low ask is 780. The 24 hour volume is 6310.16 NOTE.

Still no actual trading on BiteBTC. The high bid is 469 and the low ask is 555.

[Dyna]

I just had a great interview with Kevin Short, host of “Think Outrageous Radio”.  The interview was mostly about my book, “Improve Your Odds – The Four Pillars of Business Success” https://fourpillarsofbusinesssuccess.com/ 

They include the founder CEO, the product or service, the employees, and the customers. DNotes is managed as a business but not controlled as one. We follow the principles and philosophies of the book.

The critical importance of a clearly articulated vision was also discussed at length. In the case of DNotes our vision is focused on DNotes gaining mass adoption as an inclusive trusted digital currency in global commerce. I believe that this is a generational opportunity for everyone who are invested for the long-term.

[DNotes]

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

[DNotes]

DNotes 2.0 Frequently Asked Questions:

Q: What is new with DNotes 2.0?

A: DNotes 2.0 is a major improvement on the original DNotes blockchain. The new blockchain will allow DNotes and its partner company DNotes Global to achieve its objective to connect DNotes to the modern world of finance and commerce. The new blockchain is faster, more secure, and consumes only a fraction of the electricity. It also allows custom invoices to be created and attached to transactions, and changes the economic incentives of the network to one that encourages savings with the switch to the Proof-Of-Stake algorithm, and paying 0.5% interest on balances that haven’t moved from a wallet address in a 30 day period (~6% per annum).

Specifications

POS
2% Annualized Staking Reward
Individual blocks reward will be Current Total Coins / 525,600 * 0.02
60 Second Block Target
0.005 Transaction Fee
Source: https://github.com/DNotesCoin/DNotes2.0
Download Wallet: http://dnotescoin.com/#Download
Directory DNotes2 (C:\Users\USERNAME\AppData\Roaming\DNotes2 on Windows)
CONF dnotes.conf (all lower case)

DNotes 2.0 Features
Switch to PoS
CRISP Reward - 0.5% interest every 30 days. Awarded by address. Calculated on a 30 day cycle.
Automated Invoicing (First Phase) - Integrated blockchain invoice number

There will be a soft deadline where DNotes mined after that block will not be redeemable for 2.0 coins:
4/16/2018
Block# 2180897
133,574,552 Will be the total swappable amount of DNotes we create
+20,000,000 Allocated to DNotes Global, Inc for Development & Growth Fund
153,574,552 Total DNotes 2.0 Created

The next update (TBD) will include:
Deferred Staking

Q: How do I swap my coins? (after April 16th)

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

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

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

Q: I have a paper wallet. How do I turn them into the new coins?

A: You will need to download the DNotes v1.2 software (email us at contact@dnotescoin.com), and then use the importprivkey command in the debug console.

https://bitcoin.stackexchange.com/questions/5941/how-do-i-import-a-private-key-into-bitcoin-core

Once your wallet is updated, you will be able to send out your DNotes.

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

A: We have set April 16th as the soft deadline. No DNotes mined after this date will be eligible to be swapped to DNotes running on the new blockchain. We will continue swap DNotes after that date, however the process will not be as easy and will take more time. Any DNotes 1.x purchased on exchanges after the 16th will not be eligible for the swap.

Q: Will DNotes 2.0 be listed on new exchanges?

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

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

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

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

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

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

A: Yes!
We currently have Windows / Mac / Linux Mint / Ubuntu Desktop wallets at DNotesCoin.com. If you need something else, please let us know.

Q: Where is the block explorer?

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

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

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

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



Staking

Q: What is Staking?

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

Q: Can I stake my coins on the DNotesVault?

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

Q: How do I stake?

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

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

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

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

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

Q: How much can I earn staking?

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



CRISP

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

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

Q: What is the CRISP reward structure?

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

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

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

Q: When will I receive CRISP payments?

A: The next payouts are as follows:

May 1 - Ends first CRISP period.
May 8 - Payout starts. (Virtually no one will receive this payout)
June 2 - Ends second CRISP period
June 10 - Payout starts

Roughly.

Q: Do I get CRISP payments at the DNotesVault?

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

Q: Where do the CRISP coins come from?

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

Q: How do I earn the interest reward?

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

[DNotes]

Wondering what DNotes is all about? Here’s the basics:

What is DNotes?
•   DNotes is a digital currency with a purpose: to serve as a real currency that people can use in their daily lives - unlike other digital currencies that focus on solving niche problems, with no plan to become a real, usable currency.
•   The DNotes goal is simple: achieve mass adoption and become the world’s first accessible, inclusive, and financially empowering digital currency that benefits everyone around the globe.

What are DNotes’ Benefits as a Currency?
•   DNotes is managed as a business – but not controlled as one.
•   DNotes success is driven by a profit-generating company, DNotes Global, created to promote mass adoption, protect the currency, and ensure sustainable growth.
•   DNotes’ unique CRISP savings program rewards DNotes owners with 0.5% interest, every month
•   DNotes offers staking rewards for stakeholders – at 2% a year.
•   DNotes provides blockchain invoicing features to simplify merchant acceptance and adoption of the digital currency.

What Benefits Does DNotes Global Provide?
DNotes Global protects DNotes and its stakeholders, promotes mass adoption, and creates value and utility for the digital currency, including a fully integrated ecosystem.
The company provides a unique cross-ownership model, with DNotes owning 25% of DNotes Global (pre-dilution), while the for-profit business maintains a stake in the digital currency.
DNotes Global generates profit, creating intrinsic value for the DNotes currency to help create a “floor” for the digital currency’s value.
DNotes Global has plans to build a long-term competitive advantage by offering services that utilize DNotes. That strategy will also help to facilitate awareness and adoption of the DNotes currency.
Long term competitive advantage DNotes Global will provide in offering services that utilize DNotes.

What’s Next?
Fully compliant Reg D 506 (c) crowdfunding followed by a Reg A+ Mini-IPO.
DNotes Payment Solution Integration into Existing eCommerce Platforms
Cold Staking Implementation & More

Where can I learn more?  
Pitch Deck - https://dnotesglobal.com/PitchDeck.pptx
Pitch Deck Video - https://www.youtube.com/watch?v=XculeWKdbbE
White Paper - https://dnotesglobal.com/white-paper/
Website - http://dnotescoin.com/
Blog - http://dnotescoin.com/blog-main-hub/

[wiser]

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

That's great news. I don't think volume will be a problem. It's pretty consistently been near 100K on Stocks.exchange and it's now at over 350K on Mercatox. I think it's climbing too, but haven't been watching it long enough to say for sure. And the price is going up as well. It's pretty much impossible to buy DNotes for less than 500 Satoshi any more, and someone just bought at 999 on Mercatox about an hour ago.

[DNotesEDU]

Step by Step Instructions – How to Buy DNotes Cryptocurrency on Stocks.Exchange

https://dnotesedu.com/2018/06/step-by-step-instructions-how-to-buy-dnotes-cryptocurrency-on-stocks-exchange/

[DNotes]

Step by Step Instructions – How to Buy DNotes Cryptocurrency on Stocks.Exchange

https://dnotesedu.com/2018/06/step-by-step-instructions-how-to-buy-dnotes-cryptocurrency-on-stocks-exchange/

Perfect! That is a huge help and resource when users ask "How do I trade DNotes?", which is a question I see several times a day. Thank you DNotesEDU team!

[BTCWise]

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

That's great news. I don't think volume will be a problem. It's pretty consistently been near 100K on Stocks.exchange and it's now at over 350K on Mercatox. I think it's climbing too, but haven't been watching it long enough to say for sure. And the price is going up as well. It's pretty much impossible to buy DNotes for less than 500 Satoshi any more, and someone just bought at 999 on Mercatox about an hour ago.

Hi wiser, thank you for the daily updates on the DNotes performance. Really helpful. I am really rooting for this one. Getting relisted on CoinMarketCap would be really beneficial for the price of DNotes. CMC is the first place I visit when trying to find out some information about a crypto project. If the project is not listed then I don't even bother researching any further. I believe we are starting to move in the right direction. Good luck with the rest of the milestones and keep updating the community. We appreciate what you're doing