[ANN] Diamond (DMD) Takeover! Update v1.0.4 | NEW website, pool, block-explorer

[Tyke]

Diamond will feature two pages in the book called Cryptocurrency "The Alt-ernative" the Beginner's Reference

https://bitcointalk.org/index.php?topic=483187.new#new


Please donate to the below Diamond wallet address in order to help fund this project:

dU7eT1yAqAMiUDfKtgzE5cUTmaoS6SuuQv

It will have 2 pages similar to this:





If you spot any spelling or grammar errors, these are easily sorted.  I do have a full time job as well as trying to get this project completed too.

[popshot]

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.

Sorry for that but there seem to be a built in security feature that prevents form staking whenever a new CP is used. We need to wait some time before it's allowed.

Central Checkpoint is working as it should without returning any errors, Diamond is now protected form 51% attack and the chain cannot be forked. This alone is great news. Of course for stake to initialise we still need to wait as it's hardcoded and the only thing that speeds it up is patience.
 

[popshot]

Please vote for Diamond (DMD) to be added to the Atomic Trade Exchange.

https://bitcointalk.org/index.php?topic=516934.100

[bigtimespaghetti]

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.

Sorry for that but there seem to be a built in security feature that prevents form staking whenever a new CP is used. We need to wait some time before it's allowed.

Central Checkpoint is working as it should without returning any errors, Diamond is now protected form 51% attack and the chain cannot be forked. This alone is great news. Of course for stake to initialise we still need to wait as it's hardcoded and the only thing that speeds it up is patience.
 

Thanks pop for the answer.

[bigtimespaghetti]

Will the devs be taking into account the coming wave of scrypt ASICs in the next year?

[cryptohunter]

Will the devs be taking into account the coming wave of scrypt ASICs in the next year?

Sad to see diamond sinking like this. Such a great name with no real community behind it.  Really the big diamond holders need to get more active. The coin code is stable and solid i guess it just needs some development.

[bigtimespaghetti]

Will the devs be taking into account the coming wave of scrypt ASICs in the next year?

Sad to see diamond sinking like this. Such a great name with no real community behind it.  Really the big diamond holders need to get more active. The coin code is stable and solid i guess it just needs some development.

Yeah, I'm not really sure what's going on right now.

[cryptonit]

not sure whats going on?
as a low marketcap market the market is beeing manipulated and keep artifical low to allow whales buy big amounts of dmd

any good news are keept behind doors until investors able buy their goal of cheap diamonds

im leaking this info to give u the opportunity to get some cheap diamonds

once asics rolled out "normal" people will have a nightmare to get their hands on some diamond

u cant mine because u need asics
u cant buy in cheap because price is is sure 20x higher than now and raising

20x sound high for u?

check dmd history value was already 20x of actual value so its not an illusionary number

u can easy see how stable dmd value was and when it by miracle got reduced towards a value where u can get touzsends of dmd cheap

keep in mind there only a bit over 300k diamond existing now and coin cap is 4.3 million and the price is so low u can easy buy 1% of actual existing coins

imaging u own 1% of btc ltc or even some smaller coins

only reason not to buy in would be to say this coin will go down to 1 satosho and then be removed from cryptsy....

this will never happen

more people joining the market make price manipulation more difficult
and the whales have to accept that the value will raise and they cant fill longer pockets with cheap dmd

good part of whales manipulating market
u can bet they wana earn moneys with dmd
join in and earn together with them

edit:
somehow its understandable why this happens with dmd
lot of the newer coins have a part of coins premined that are sold to investors via IPO
but dmd have no premine and investors would skyrocket price if they buy up all coins on market
so they playing the game to leave coin value drop by autoseller and buy in big 1000 dmd junks
and then make fast again some cheap sell and buy orders to make coin stay looking cheap
basical they abuse cryptsy autosell features and the miner who autosell their diamonds
anyone who sell at this price must have lost his mind

nothing illegal

if i wouldnt have already invest all my avaiable money in dmd i would stay silent too and buy some more cheap dmd

[bigtimespaghetti]

not sure whats going on?
as a low marketcap market the market is beeing manipulated and keep artifical low to allow whales buy big amounts of dmd

any good news are keept behind doors until investors able buy their goal of cheap diamonds

im leaking this info to give u the opportunity to get some cheap diamonds

once asics rolled out "normal" people will have a nightmare to get their hands on some diamond

u cant mine because u need asics
u cant buy in cheap because price is is sure 20x higher than now and raising

20x sound high for u?

check dmd history value was already 20x of actual value so its not an illusionary number

u can easy see how stable dmd value was and when it by miracle got reduced towards a value where u can get touzsends of dmd cheap

keep in mind there only a bit over 300k diamond existing now and coin cap is 4.3 million and the price is so low u can easy buy 1% of actual existing coins

imaging u own 1% of btc ltc or even some smaller coins

only reason not to buy in would be to say this coin will go down to 1 satosho and then be removed from cryptsy....

this will never happen

more people joining the market make price manipulation more difficult
and the whales have to accept that the value will raise and they cant fill longer pockets with cheap dmd

good part of whales manipulating market
u can bet they wana earn moneys with dmd
join in and earn together with them

edit:
somehow its understandable why this happens with dmd
lot of the newer coins have a part of coins premined that are sold to investors via IPO
but dmd have no premine and investors would skyrocket price if they buy up all coins on market
so they playing the game to leave coin value drop by autoseller and buy in big 1000 dmd junks
and then make fast again some cheap sell and buy orders to make coin stay looking cheap
basical they abuse cryptsy autosell features and the miner who autosell their diamonds
anyone who sell at this price must have lost his mind

nothing illegal

if i wouldnt have already invest all my avaiable money in dmd i would stay silent too and buy some more cheap dmd

Seems like a lot of speculation to me. But hell, stranger things have happened. I'm just not so sure why the devs are being quiet.

[bigtimespaghetti]

Also, wouldn't the new ASICs mean that many of these alts will be vulnerable to 51% attacks potentially? This is just a guess, maybe the hashrate is enough to protect it from the new wave of ASICs about to roll through.

[cryptonit]

Also, wouldn't the new ASICs mean that many of these alts will be vulnerable to 51% attacks potentially? This is just a guess, maybe the hashrate is enough to protect it from the new wave of ASICs about to roll through.

dmd have pos as second security
u need not only over 50% hashing power u need over 51% of stake too

[bigtimespaghetti]

Also, wouldn't the new ASICs mean that many of these alts will be vulnerable to 51% attacks potentially? This is just a guess, maybe the hashrate is enough to protect it from the new wave of ASICs about to roll through.

dmd have pos as second security
u need not only over 50% hashing power u need over 51% of stake too

Thanks for clearing that up for me.

[danbi]

Also, wouldn't the new ASICs mean that many of these alts will be vulnerable to 51% attacks potentially? This is just a guess, maybe the hashrate is enough to protect it from the new wave of ASICs about to roll through.

dmd have pos as second security
u need not only over 50% hashing power u need over 51% of stake too

This is only true, if the network is actively generating PoS blocks, which is not the case yet.

[z04h97nezr]

We need to get the developers to be more active quickly.
Look at the price action!!
Some non-mineable coins rise ridiculously fast while DMD is down a ton.

[bigtimespaghetti]

We need to get the developers to be more active quickly.
Look at the price action!!
Some non-mineable coins rise ridiculously fast while DMD is down a ton.

When was the last word from the devs? I honestly can't remember.

[cryptonit]

how about checking www.dmdcoin.net/forum ?

[popshot]

Mac OS X wallet

Any Mac users here you go.

http://www.dmdcoin.net/downloads/

[crycurex.com]

Would you like to have your coin listed on www.crycurex.com ?

One of the lowest trade fees - 0.09 % per trade

https://crycurex.com/info/add-currency/

[popshot]

Yes, there seem to be an issue with PoS not initiating as it should have, even though, the waiting period is over.

We are looking into that issue. 

[cryptonit]

i copy a post from forum to make clear if u buy asics u soon wont be able use em with dmd
http://dmdcoin.net/forum/index.php/topic,568.0.html



we will switch to asic resistent algo if someone  invest into asics u wont be able use it with dmd in the future

it wont be worthless a lot coins and litecoin are staying on pure scrypt for sure

but for us the question was do we give a home to hundrets gpu miners who cant mine scrypt with earning their power bill

or we follow the big fish eat small fish philosophy and dont care for gpu miner

we care for normal people

we still belive in dmd as a way for everyday people to earn themself a better life

and not to make the rich even more rich

diamonds for the people 

and change to low power consuming asic resistent algo is the logical step to archive that goal

in second step sure pos is the way to go but not without spread more coins and let much more people take part in our success story

more people who have a lot to win create a much stronger comunity driven movement

mintcoin zeitcoin eccoin and all other rapid POW and then pure POS coins are very successfull

but diamond is different


how different and in my opinion even much more intersting a coin can be......

...that secret cant be lifted now

but it will give diamond the value it deserves

as a unique digital gemstone with bright future