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Author Topic: [ANN] Diamond (DMD) Takeover! Update v1.0.4 | NEW website, pool, block-explorer  (Read 50037 times)
uzgen
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March 16, 2014, 09:36:18 AM
 #681

Hello.
I'm using client 1.0.4.0.
16 March 2014 I have redownloaded blockchain from the begining but there is warning:"WARNING:Checkpoint is too old. Wait for block chain to download or notify developers"
What should I do?
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March 16, 2014, 09:01:25 PM
 #682

What should I do?

Just wait a few more days. PoS is still not turned on, we are waiting for more people to upgrade to the newest version - mining pools and cryptsy have been notified.

I'll post here a notice a day before we turn it on, so everyone knows what's going on.

Thanks for your patience.


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March 16, 2014, 09:04:06 PM
 #683

love diamond!!! pump
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March 17, 2014, 05:16:59 AM
 #684

What will be the annual interest rate (PoS)?
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March 17, 2014, 05:20:21 AM
 #685

i thank you can  re-start diamond client .
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March 18, 2014, 09:53:40 AM
 #686

So this is the coin that at , cough , 0.00015246 , was supposed to make 4.5 billion people happy?
Oh , wait , women and diamonds , right?
The whole market cap of the coin can't buy you a tiny diamond , and you we're still arguing with me about the downtrend that this coin can't get out of?


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March 18, 2014, 11:33:37 AM
 #687

So this is the coin that at , cough , 0.00015246 , was supposed to make 4.5 billion people happy?
Oh , wait , women and diamonds , right?
The whole market cap of the coin can't buy you a tiny diamond , and you we're still arguing with me about the downtrend that this coin can't get out of?

I agree the whole women and dimaonds thing is a little far fetched. Almost all the alts are heading down, people are dumping them on the exchanges. The test is wether the community can survive or not.




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March 18, 2014, 12:34:50 PM
 #688

Hello community,
We are currently on Cryptsy only which became very crowded (so many different coins).
As Studentwiskunde suggested lets try to vote us into BTER a Chinese exchange.
Apparently they've already started accepting votes quite some time before but I think we might still have some chance to leave our mark.

Please ask them there to add Diamond Coin to the list and once they do please cast your vote.

https://bitcointalk.org/index.php?topic=502363.0

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March 18, 2014, 06:34:43 PM
 #689

So this is the coin that at , cough , 0.00015246 , was supposed to make 4.5 billion people happy?
Oh , wait , women and diamonds , right?
The whole market cap of the coin can't buy you a tiny diamond , and you we're still arguing with me about the downtrend that this coin can't get out of?

i guess u missinterpret the situation
look closer u will see that hours autosell dump price and then big buys are happening

thats not a dying coin
that intended price manipulation

there people who try to buy in this coin as cheap as possible

and they doing it successfull

guess what this people will do once they gathered their target amount of dmd.......

maybe some of this people also part of the dmd inner circle....

dead coins dont release wallet updates and have big buy waves

low market cap coins are vulnerable

but people who play the market dont do it to lose money

so best bet is to join in and earn together with them


 
  Diamond [DMD]     uNiq.Diamonds  
Scarce✦✦✦✦ Valuable ✦✦✦✦ Secure ✦                     ▬ a collector experience ▬                
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March 19, 2014, 12:26:37 PM
 #690

What will be the annual interest rate (PoS)?

No one knows?
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March 20, 2014, 12:09:46 AM
 #691

I really liked this coin. Is the only one I could mine some with my VSH.

I read there will be about 4.8 mil. How many there are so far? What's the expected lifespam?
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March 20, 2014, 10:21:11 PM
 #692

I will be turning on PoS tomorrow (Friday) evening (GMT time).

Together with our code dev we'll be monitoring the network all night  for possible problems.

If you have coins for minting please (if you can) use them to mint -  would be good to do a stress test on the network with everyone minting. Remember the more blocks we mint the less blocks miners get = higher DMD price.

Minting is also an extremely important security feature as now we are protected only by the miners' Mh/s which isn't that high.

Support the network,  support the price,  mint Smiley

P.S.
Please do not be paranoid about unlocking your wallet for minting. Eventually DMD will become mostly PoS coin so it's something we will all have to get used to. There will be tools created to help us predict when minting is due.

At the moment, any additional hash will help to protect the network.

I want to remind some of you that DMD is a deposit coin and not high volume money printer. The interest is set to 1% but one can stake  every ~7 days (this adds extra incentive for network protection). The interest might appear low right now, but we are really in the issuance period and eventually that 1% will be a lot.

There will be more changes/features coming and this update is a transitional one.

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March 20, 2014, 10:23:21 PM
 #693

How many there are so far?

There have been just over 300k mined.

Quote
What's the expected lifespam?

Diamonds?... Diamonds are forever....  Wink

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March 21, 2014, 06:25:36 AM
 #694

I will be turning on PoS tomorrow (Friday) evening (GMT time).

Together with our code dev we'll be monitoring the network all night  for possible problems.

If you have coins for minting please (if you can) use them to mint -  would be good to do a stress test on the network with everyone minting. Remember the more blocks we mint the less blocks miners get = higher DMD price.

Minting is also an extremely important security feature as now we are protected only by the miners' Mh/s which isn't that high.

Support the network,  support the price,  mint Smiley

P.S.
Please do not be paranoid about unlocking your wallet for minting. Eventually DMD will become mostly PoS coin so it's something we will all have to get used to. There will be tools created to help us predict when minting is due.

At the moment, any additional hash will help to protect the network.

I want to remind some of you that DMD is a deposit coin and not high volume money printer. The interest is set to 1% but one can stake  every ~7 days (this adds extra incentive for network protection). The interest might appear low right now, but we are really in the issuance period and eventually that 1% will be a lot.

There will be more changes/features coming and this update is a transitional one.

You mean that if I have 100DMD, then every 7 days, I'll have 1DMD?
bigtimespaghetti
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March 21, 2014, 10:12:30 AM
 #695

I'm a PoS noob. How do I turn on minting?




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March 21, 2014, 03:20:04 PM
 #696

I will be turning on PoS tomorrow (Friday) evening (GMT time).

"Evening" is not time. May be, tell us the hour in GMT? Smiley

BTC: 15cJkRupKAkGr6sTxj1Uzb6uHbvuRyK1GL
DMD: dJZEqNcjiUiMMd8DKBFS9oMWtArAD2GCHr
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March 21, 2014, 07:18:27 PM
 #697

How do you turn on PoS? Thanks.
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March 22, 2014, 12:25:28 AM
 #698

Minar.cc Mining Pool UPDATE

  • The pool is now updated to latest version of Diamond v1.0.4
  • Major under the hood upgrades to the pool backend and frontend!
  • Payout fees lowered to 0.002DMD for each Auto Payout and 0.01DMD for Manual Payouts.
    I REALLY suggest you set your auto payout threshold low so you enjoy fast payouts processed every minute!


As always, you are welcome to join us at
DMD.Minar.cc

Minar.cc pools are not running anymore, the domain was registered by someone else and I don't have any relationship with the new owner.
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March 23, 2014, 08:05:59 PM
 #699

So I get "Minting suspended due to locked wallet"

I have never 'unlocked' my wallet before, besides having never used PoS. Any helpers please?




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March 24, 2014, 07:36:33 AM
 #700

How does one tell minting is on? None of my wallets show any indication of any proof-of-stake activity so far and some certainly have old enough coins.

BTC: 15cJkRupKAkGr6sTxj1Uzb6uHbvuRyK1GL
DMD: dJZEqNcjiUiMMd8DKBFS9oMWtArAD2GCHr
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