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Author Topic: [ANN] $DVT DeVault - The Decentralized Community Economy [PoW + Cold Rewards]  (Read 2678 times)
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May 28, 2019, 06:54:54 PM
Last edit: June 19, 2019, 01:38:38 AM by devault
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 #1

DeVault - The Decentralized Social Economy

DeVault is a decentralized community and economy project. Enriching the world 1 peer-to-peer transaction at a time.
Ticker: $DVT
Website: https://devault.cc
Github: https://github.com/devaultcrypto
Explorer: https://exploredvt.com
Exchanges: SouthXchange.com, Escodex, SwiftEx.
Pools: Minedvt.com, BSOD.PW, LuckyAltCoin.com, ZPool.ca, BlockMasters.co, CoinMiningPool ACPool, & ZergPool.


Twitter: https://twitter.com/Devaultcrypto
Discord: https://discord.gg/JnRZ7BB
Telegram: https://t.me/devaultcrypto
Forums: https://devault.cc/forum/


Economics & Coin Specs:
Block Reward: Starts at 500 slowly moves up to 1000 (1800 including budgets) by month 18, then drops gradually down to 1 DVT forever after roughly 750 years.
Blocktime: 120 seconds
Maximum supply: Once the DeVault market reaches 5 billion coins mined the mining reward will stop decreasing and stay at a constant rate of 1 DeVault per 2 minutes.  
Blocksize: 32 MB
Algorithm: SHA-256

Initial BLOCK REWARD SPLIT**:
55% - Miners
15% - Community Treasury
30% - ⅘ of the Community DAO’s initially get 5% but then less per team as more teams get voted into place by the community votes.

Initial DAO Split**
*10% - Developer DAO (focus: core deliverables and community roadmap goals) (first DAO to split)
*5% - Web Developer DAO (focus: core deliverables and community roadmap goals)
*5% - Biz Dev DAO (focus: core deliverables and community roadmap goals/improving onboarding)
*5% - Marketing DAO (writers/video/business development partnerships etc)
*5% - Community Support DAO (Moderators aka Energizers/Support Staff/Ambassadors)

**These splits can and should be adjusted from time to time by the community consensus.


Introduction to The DeVault Ethos
The overarching goal of DeVault is to simply be 'social digital economy' for everyone, with the spirit of decentralization at the very core and a complete community governance system that everyone has a voice in. To accomplish these goals we will be leveraging a ‘Decentralized Autonomous Organization’ (DAO) schema to help create the necessary scale to sign up 1 million and beyond users into our implementation of an online b2b and p2p focused, crypto-oriented, social network that is laser focused on user acquisition, personal growth, privacy control and earnings that we’ve currently named Devault.Online.

The Devault.Online social network (and others) will act as the portal into the digital economy of DeVault.cc (the payment protocol residing on a blockchain). This will allow users to not only build out comprehensive resume style profiles, but also will provide many tools such as user driven governance, the ability to friend and chat with users on the site and will include business and community profile options.  We are also working on an achievement system to help further add to the value of the network via methods of gamification and community building.

Some of the main goals of the project that we would like to keep in mind mostly relate to creating a fairly distributed worldwide social network where users and power users alike can have the ability to earn more and get more deeply involved in the crypto space without ever having prior knowledge of crypto. We plan to leverage education around the entire ecosystem to create and onboarding funnel for not only DeVault.Online but as well as the entire space.

Community Governance / 1 Coin = 1 Vote*
*There shall always be a system in place that is both open source and utilizes the majority approved voting mechanism which will start out as 1 coin = 1 vote, as always the community is free to adjust this later.

Community Rights
A document titled ‘Community Rights of the DeVault Blockchain’ will be initial groundwork for a community approved form of a standardized ethos.


REAL Community Governance
In DeVault we aim to create a system in which as many people as possible have a voice, and as a result, a more equal footing in the community. By leveraging a 1 coin = 1 vote concept and wide distribution, we will create a much more effective form of decentralized community governance, and a fair distribution compounds this concept, creating real community governance, at a simple level. Miners are still here to secure the network and get rewards for it, but we do believe there are many more players in the ecosystem and intend on getting them involved and rewarded as well.

All important decisions pertaining to the DeVault Blockchain can and should be openly discussed in the community and proposals can be submitted to not only get involved, but help grow the future of the DeVault Economy!

Treasury Voting: (Community) Treasury Proposals are things that either individuals would like funding for and/or concepts the community thinks funding would be spent on outside of the general day to day work of the sponsored DAOs, there will be some overlap of course here. After a treasury vote is passed it will require ⅘ of multi sig holders to get paid out to a users balance (as anti scam and hack feature, but the multi sig votes should ultimately comply with community votes). If a coordinator would like to submit a ‘de-funding’ proposal for a project they believe is a problem or a scam they are free to do so.

Community Voting: Community (Core) Voting is to say the community would like to discuss any specific subject and garner a better understanding of the consensus within the network by asking the network of voters.

Signing Messages: The method of which votes will be tallied is based upon the concept of ‘signing a message’ to the DeVault blockchain with an address that contains coins. The amount of coins in the address for the entirety of the voting period, that do not leave the address will be counted as valid towards either a ‘Yes’ or ‘No’ Vote on any and all community budget decisions in DeVault as well as Community Core Voting. Any user can currently do this my simply using a desktop wallet such as the DeVault Qt once they have loaded the HD Seed into the wallet.
*Please note there are certain rules that may invalidate your vote such as moving funds after a vote has been cast, until the proposal has finalized.


Maintaining Transparency
We would like to be a front runner in the transparency & accountability departments, all too often projects are designed in a rush or without due diligence in place in terms of accounting and operational information.

One way we will create transparency is to have all budget transactions logged on a single webpage (e.g. accountant.devault.com) for all team and community budget payouts with signed messages pertaining to the purpose of the payment.

To ensure a smooth road early on these payments will always require ⅘ (this will scale up as we grow # of DAOs)  multi-signature operators to approve regardless of community voting as an anti scam measure, but must overwrite the community vote with a new proposal asking the community to reconsider the proposal.

Proof of Work
The chosen model for securing the blockchain is ‘Proof of Work’ SHA-256d based mining. This is same exact mining algorithm as Bitcoin, which has the highest pool of worldwide hashrate available to best secure the DeVault Blockchain.

The Mining Reward system will start with a 500 DVT reward at Block 0, and slowly move upwards to 1000 (1800 when you add budgets in) over a period of 394,470 blocks then reverse downwards until stopping at 1 DVT per block after 750+ years. The community is free to adjust this scale as it sees fit.

‘Sharkflation’
The block reward will increase gradually from 500 DVT to 1000 DVT per 120 seconds (1800 including budgets) for the first 18 months (394,470 blocks), then peak and reverse downward until eventually stopping at 1 DVT per block after 750 years. The community is free to collectively adjust this math as it sees fit.

First 10 years of Mining, Budgets & Cold Rewards*:

*Assumed cold rewards participation rate of 75%.

Total Supply after 10 years of Mining Rewards, Budgets & Cold Rewards*:

*Assumed cold rewards participation rate of 75%.

Cold Rewards System
Reference Material: https://github.com/devaultcrypto/devault/blob/develop/COLDREWARDS.md

Constants:
BlocksPerYear - Estimated number of blocks in 1 year.
PerCentPerYear - Percentage return for Cold Rewards, currently changes each year from 15,12,9,7,5 %.
nMinRewardBlocks - Rewards occur no more frequently than this.
nMinRewardBalance = 1000 * COIN
nMaxReward = 62500 * COIN - Max reward payout at any time.
nMinReward = 50 * COIN - Only pay out reward if it's bigger than this.

Description
Cold Rewards pays out coins to unspent transactions (UTXOs) that are greater than a minimum (nMinReward coins) and are older than approximately one month (nMinRewardBlocks number of blocks). NOTE: Addresses are not evaluated by total amounts, each separate UTXO is considered.

These unspent transaction must come from regular transactions. Either miner rewards or previous cold rewards will not counted - as coinbase outputs are ignored.

At each block all of the valid UTXOs will be evaluated for possible reward payout. We use a concept of "differential" height to determine viability. The "differential" height is the difference between the current block number and either 1) the block number when this UTXO was created or 2) the block number when this UTXO last got a rewards payout. That is, for the 1st payout, we will use 1) and afterwards 2). The coin address that will be rewarded will be the one with the biggest differential height, provided that the calculated reward is greater than (nMinReward).

If multiple UTXOs have the same differential height, the largest one will get paid out. If several UTXO have the same differential height and payout amount, then payout will be based on sorting the COutpoints

In addition there is a limit of nMaxReward on the payout, to avoid people putting too much at one address (may help against exchange cold wallets accumulating) and also causing huge amounts of coins to be created in any one block. If people hit this limit they can simply move coins to another addresses/UTXO.

Payout Amount
PerCentPerYear determines the effective rate of return for payouts over 1 year. By dividing this by BlocksPerYear we'd get the return per block (as a very small number). We then multiply this by the "differential" height mentioned before to get the fractional return. We multiply by the balance at this UTXO to get the actual reward. Finally we quantize the reward to 1/10ths of a COIN for accounting simplicity and make sure it's greater than nMinReward to be considered valid.

Invalidating Rewards
For a given UTXO, once rewards are considered valid (given conditions already mentioned), they will be continued to be paid out as long as the UTXO itself is not spent. Once the UTXO is spent, rewards will cease. This mechanism allows you to collect rewards and spend the actual rewards themselves since they will be at new UTXOs that will not be considered valid for rewards. To do that, you can use "Coin Control" feature within the wallet. If you want the rewards to earn rewards in return, you'd also need to use coin control to send the rewards using a regular transaction to any one of the addresses under your control. However, keep in mind that UTXOs considered valid must have more than nMinRewardBalance amounts. If you have more than that amount at one address but they are spread out across many UTXOs, you may not get rewards at all. You can use coin control to view your UTXO holdings.


The DAOs & How They Operate

Decentralized (Autonomous) Organizations
We plan to be on the pioneering end of the global community governance movement and in order to do that we must be able to constantly grow and further distribute our supporters into digital, functioning organizations that work together on common goals.

What is a DAO?
A decentralized autonomous organization, comprised of groups of people, usually on the internet and/or distributed around the world working on a common goal or project. The DAOs are often cemented via a funding mechanism but volunteer based DAOs can also theoretically exist.

How many DAOs are in The DeVault economy?
To begin we launched with 5 separate independently funded organizations all named based on their goals, more DAOs will be added as the chain grows in size and the budgets allow based upon community voting.

Can DAOs be defunded?
Absolutely, things being openly discussed prior to a proposal would obviously be ideal but is not required, all that is required is the community to vote on the matter and the multisig operators to follow through in with ⅘* approval vote, we do not require 5/5 to pass a vote, as no one would ever be able to get voted out.

What is the ideal size of a DAO?
There are studies to suggest people work best in groups of 8, but being as nothing is factual we would expect teams to be between 10-15 people, and then split into new teams as to keep the ‘decentralization score’ high and to keep anyone one group becoming an authority figure in the ecosystem.

How are DAO volunteer coordinators compensated?
In an effort to not create tons of sell pressure by pegging pay to the USD system we will pursue a unique path, one based of transparency and focused on blockchain based concepts and decentralization while being able to scale. Thus will be introducing a publicly trackable & accountable payout system and in the future standardizing payouts to suit transparency needs, while respecting the individual users privacy rights.

How are DAO volunteer coordinators chosen?
Initially there was a small team of early adopters and volunteers who collectively picked leaders of the original digital organizations, going forward this should be done by a community vote of proposed individuals submitted by the individual interested in the position that has built up a reputation of getting things done within the ecosystem.

How are DAO volunteers compensated?
Coordinators will be in charge of payouts (and held accountable for spending by voters), while price discovery occurs and the ecosystem is built there will be large swings in pricing, in the future we may compensate individuals with a static block % for each person once prices can be relied upon more.

Community Treasury
The DeVault Community Treasury is a system designed for the soul purpose of providing would be volunteers with an avenue of funding for their efforts outside of the normal business to business sense. By utilizing the 1 coin 1 vote mechanism we are able to let the coin holders decide who should or should not receive funding for their proposal ideas. This budget is a hard coded address controlled by multi signature approvals that is constantly being filled up every time a miner mines a superblock. The Community Treasury will account for roughly 15% of the total block rewards produced by miners.

Technical Voting Notes
1 Coin = 1 Vote Rules
No weighted voting, 1 coin will equal 1 vote until the community changes it.
All voting platforms must be open source to be able to verify voting related code independently.
End goal is to store votes in full nodes.
If a user moves funds during a vote period, the vote is rendered void, otherwise it is logged as historical data.
If a user moves funds, the reputation votes & current proposal votes for the address holding funds are reset to null.


Sharkflation Chart:
The goal with the block reward schedule deemed ‘sharkflation’ is to reward early holders but not by simply rewarding the earliest holders. While still maintaining a fair slope downwards long term, the block reward will increase gradually from 500 to 1000 (1800 including budgets) for the first 18 months, then peak and reverse downward until eventually stopping at 1 DVT per 120 seconds.The reasoning behind this ramp up in rewards initially is to extend the ‘early adopter’ period out to 18 months as before any sort of block reward reduction occurs.

Mining Rewards Per Year
 

Rewards Per Year


Rewards Per Year + Cold Rewards*


*Cold Rewards assumes 75% participation factor.









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May 28, 2019, 06:56:35 PM
 #2

Reserving
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May 28, 2019, 07:03:09 PM
Last edit: June 19, 2019, 01:36:43 AM by devault
 #3

Testnet files will be available here for now: https://github.com/devaultcrypto/devault/releases/tag/testnet

Please download the latest mainnet wallet from https://www.devault.cc/wallets.html

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May 28, 2019, 07:06:13 PM
 #4

You will be able to mine DVT on bsod.pw after launch
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May 29, 2019, 06:16:54 PM
 #5

Thanks to everyone who has helped test and joined the Discord or Telegram thus far, everything is running smoothly.
We will also be testing DeVault.Online in the coming weeks, which is a p2p and b2b focused social platform with a community governance twist.


Don't forget to follow us on Twitter for future updates:
https://twitter.com/DeVaultCrypto/status/1133459078477279232


Please note: Cold Rewards are currently roughly 100x larger and more frequent than they will be on Mainnet, they currently only require 200 blocks instead of 22,000.

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June 01, 2019, 02:33:38 AM
 #6

Mainnet launch should be early next-week.
Announcement with details coming soon
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June 02, 2019, 02:36:32 AM
Last edit: June 03, 2019, 07:39:19 AM by devault
 #7

We would like to thank everyone for testing DeVault out on Testnet this past week and will keep Testnet live until further notice but as everything is working well and there is no reason to delay we thought it would be a good time to announce our launch date and time.

We'd like to invite everyone to join in on Tuesday, June 4th at 8am PST (11am EST / 4pm GMT) for the Genesis block of the DeVault blockchain and welcome all miners wishing to get involved.


Some quick FAQs we expect to answer:

- We are a Proof of Work (sha256d) based community coin. Meaning you would preferably use a sha256d ASIC miner. GPU mining will make it hard to find blocks.
- There is NO premine.
- This is and was NOT an ICO.
- There is a block reward of 55% for direct miner payouts. 45% to DAOs + Community Budget. See above for exact splits.
- Cold Staking is an additional inflationary mechanism where the inflation is based on the amount of holders. (More holders = more inflation)
- The codebase is based on Bitcoin-ABC implementation of Bitcoin.
- The team is made up of long time crypto users, there is no central authority or 'CEO'.
- This is a community governed 'digital cash' economy.
- Yes, we are looking for more talent.
- Currently supported on BSOD.PW mining pool.
- Yes, they are Nicehash compatible.
- Exchanges will not be bribed for listings.
- Social Governance site launching soon after.


Please take a second and read our announcement on Medium.com: https://medium.com/@devaultcrypto/the-devault-blockchain-will-be-launching-on-tuesday-june-4th-at-8am-pst-1ca2c502cf4f


Announcement Tweet: https://twitter.com/DeVaultCrypto/status/1135021903800807425

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June 03, 2019, 07:31:56 PM
 #8

Please don't forget to join us in Discord or Telegram for tomorrows mainnet launch!

https://twitter.com/DeVaultCrypto/status/1135627450560405504


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June 04, 2019, 03:23:19 PM
 #9

The launch of DeVault is here! Get your wallet from https://github.com/devaultcrypto/devault/releases now!  Happy mining!

(ps: be aware that downloading the wallet from github will most likely lead to a false positive.)

https://twitter.com/DeVaultCrypto/status/1135925096613273600

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June 04, 2019, 04:22:45 PM
 #10


BSOD.PW supports DeVault
Welcome to the world of happy mining!

https://bsod.pw

Code:
-a sha256d -o stratum+tcp://pool.bsod.pw:2604 -u WALLET.rig


You can mine this coin SOLO and PARTY (what is it?) on https://bsod.pw

Code:
-a sha256d -o stratum+tcp://pool.bsod.pw:2604 -u WALLET.rig -p m=solo

Code:
-a sha256d -o stratum+tcp://pool.bsod.pw:2604 -u WALLET.rig -p m=party.yourpassword

NOTICE: You can use eu for Europe, us for North America and asia for Asia instead of pool in your .bat file or config

Feel free to use our new monitor apps for Android and iOS:
https://play.google.com/store/apps/details?id=kg.stark.bsod
https://itunes.apple.com/ru/app/bsod-pw-mining-pool/id1459532591

Helping you make profit in crypto altcoins mining since 2017,
Your bsod.pw team.
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June 04, 2019, 09:57:37 PM
 #11

You can now trade DeVault on SouthXchange: https://www.southxchange.com/Market/Book/DVT/BTC

Pairs Include: BTC / USD (NOT USDt) / BCH / LTC

50 confirmations on deposits, the book is still empty in the meantime.

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June 05, 2019, 07:28:43 AM
 #12

Both ZergPool & LuckyAltcoin.com have also added DeVault mining aswell. Please be sure to check them out and balance the hash between the 4 pools that now exist: Minedvt.com, BSOD.PW, Lucky & ZergPool.


We've also been integrated into Blockfolio so feel free to add us to your watchlist!


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June 05, 2019, 08:30:50 PM
 #13

We would like to thank SwiftexCo for the seamless and fast addition of DVT to their exchange. You can now deposit and trade DeVault for BTC or MYNT.

https://swiftex.co/trading/dvt-btc 

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June 06, 2019, 04:56:06 PM
 #14

You can now surf the #DeVault blockchain on http://CoinExplorer.net/DVT .

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June 07, 2019, 05:18:44 AM
 #15

We're pleased to announce we are now listed on https://www.worldcoinindex.com/coin/devault.

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June 07, 2019, 02:55:39 PM
 #16

Why did you choose sha-256

Claim most hash available, so... most hash available to wreck your chain by any minor BTC miners (let alone obviously major farms)

Check out my Crypto YouTube channel
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If you enjoy my content click Subscribe
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June 07, 2019, 06:07:35 PM
 #17

A big thank you to Escodex for getting DeVault listed already!

You can now trade $DVT on https://wallet.escodex.com/market/ESCODEX.DVT_ESCODEX.BTC … for BTC. ETH & ESCO!

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June 07, 2019, 06:19:17 PM
 #18

Why did you choose sha-256

Claim most hash available, so... most hash available to wreck your chain by any minor BTC miners (let alone obviously major farms)

For one, we do not believe any specific algorithm is 100% safe or ideal, so some decisions were made around the goals & usage of the algo.

1. Most decentralization of miners.
2. We used LWMA for controlling chain stalls.
3. 30 block deep reorg protection as well.
4. There is a point to be made that ASIC mining from day 1 is more decentralized overall than GPU mining, especially since both result in large server farms usually in small coins, we wanted the most access to the most amount of miners and rental hash around the world for ease of access for our community.

We hope this helps shed some light on the decision making process, it's very easy to simply assume GPUs are superior but that is not always the case.

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June 08, 2019, 01:06:16 AM
Last edit: June 08, 2019, 02:24:43 AM by devault
 #19

You can now follow us on the Delta portfolio app as well!

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June 08, 2019, 04:03:31 AM
 #20

We've launched our first bounty: https://devaultchat.cc/t/a-random-devault-article-bounty-june-8th-june-20th/121

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June 08, 2019, 05:35:00 PM
 #21

Pleased to announce @_zpool_  is now mining DVT! Start mining at https://zpool.ca/

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June 09, 2019, 07:56:23 AM
 #22

Thanks for the listing!

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June 10, 2019, 06:18:40 PM
 #23

If you have any Bounty suggestions please feel free to submit them here or on our discord: https://discord.gg/bTfRu55

We will be working on a set of constant and one-time bounties for the community to help out and earn for doing so.

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June 11, 2019, 08:09:12 PM
 #24

CoinMiningPool.org has listed us as well, for a total of 7 pools to mine DVT on now.

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June 12, 2019, 12:47:33 AM
 #25

We are now on Delta Direct, expect some updates throughout the week starting tomorrow!

Thanks Delta! Download it over at www.delta.app.

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June 12, 2019, 08:42:13 PM
 #26

After barely a week live, we already have a new $DVT Core Wallet release! DeVault Core 1.0.1 is now live on http://www.devault.cc/wallets.html

This is NOT a mandatory update, but does have some quality of life improvements.

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June 13, 2019, 06:51:22 AM
 #27

Thanks to @Smartreach1 for the interview with Decentralizd & pr0t3usx, two of our many day 1 contributors for the DeVault Economy.

https://youtu.be/rQb2ItUdVBQ 

Next month jonspock will be covering some development related goals and happenings.

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June 14, 2019, 05:33:52 AM
 #28

Be sure to checkout our forums if you do not like to use discord or telegram, we're currently in the process of getting guides written and will likely do an activity contest soon so get signed up!

https://devaultchat.cc/

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June 14, 2019, 06:59:22 AM
 #29

Nice wallet update. Works really fast.
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June 15, 2019, 08:06:33 PM
 #30

Our first Superblock will occur at block 21,915, at which point the DVT budgets will fill up and the proposal system will be opened for anyone to submit ideas to DeVault DAO for funding.
We are currently at block 8,455. Superblock 1 will arrive around July 4th.

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June 16, 2019, 10:16:22 PM
 #31

Just a heads up for everyone that our Discord now has a working tip bot with tip, rain & gamble functions as well as leader boards and even a radio feature!

Our wonderful community is continually growing daily, come find out why!

Ps. Happy fathers Day!

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June 17, 2019, 09:27:52 PM
 #32

Did you know DeVault has more block capacity per 10 minutes than every other bitcoin based blockchain? This is due to our 32mb blocks and 2 minute block timing, which gives us a total of 160mb of throughput in a 10min time period.

Fun times ahead!

https://twitter.com/DeVaultCrypto/status/1140712428222554113

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June 18, 2019, 02:13:58 PM
 #33

DeVault [DVT]
available for mining at the
AltCoinsPOOL

Code:
-a sha256 -o stratum+tcp://acpool.pro:3334 -u <WALLET> -p x
acpool.pro

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June 18, 2019, 07:00:11 PM
 #34

Thank you for the listing!

Also; we will have a BitcoinTalk signature campaign coming soon, keep an eye out.

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June 19, 2019, 12:14:26 AM
Last edit: June 19, 2019, 03:20:00 AM by devault
 #35

Please update your wallets to 1.0.2 by the end of the month, we have just released a mandatory wallet update.

https://github.com/devaultcrypto/devault/releases/tag/v1.0.2
https://www.devault.cc/wallets.html


Follow us on Twitter:
https://twitter.com/DeVaultCrypto/status/1141136165656858625

edit:please wait until the morning when a small patch is added.

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June 19, 2019, 01:56:32 PM
 #36

Please update your wallets to 1.0.2 by the end of the month, we have just released a mandatory wallet update.

https://github.com/devaultcrypto/devault/releases/tag/v1.0.2
https://www.devault.cc/wallets.html


Follow us on Twitter:
https://twitter.com/DeVaultCrypto/status/1141136165656858625

edit:please wait until the morning when a small patch is added.

We've updated our wallets.

Cheers

coinswebid
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June 19, 2019, 02:06:45 PM
 #37

Thank you for the listing!

Also; we will have a BitcoinTalk signature campaign coming soon, keep an eye out.

bitcointalk signature campaign is a good way to spread the words to all crypto believers in this forum
just like now, all people will know about this coin if they look at the coinmarketcap website, because Devault now listed there  Wink
https://coinmarketcap.com/currencies/devault

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June 19, 2019, 04:27:34 PM
 #38

As stated by the leaker above...  Grin

We are now on CMC!
https://twitter.com/DeVaultCrypto/status/1141380260665053185

Next up, Messari!



ADDITIONALLY, a new patch was released for 1.0.2 this morning with a tiny bug fix we wanted live, but that was not caught in 1.0.2. Since the coin is so young we don't see a point in waiting to release this so we just pushed it this morning.

PLEASE DOWNLOAD 1.0.3 BY THE END OF THE MONTH, NOT 1.0.2.
https://github.com/devaultcrypto/devault/releases/tag/v1.0.3

Thanks!

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June 20, 2019, 03:23:33 AM
 #39

How can I claim the bounty? Any procedures to do? This is new sha256 algo and it is for ASIC miners, right?
This is good project too.
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June 20, 2019, 03:54:46 AM
 #40

The bounty signatures are done and a thread is being prepared for the weekend.

There is currently an ongoing bounty for articles as well, but it technically ends tomorrow, but I'm sure we could accept a few late submissions from newcomers Cheesy
https://devaultchat.cc/t/a-random-devault-article-bounty-june-8th-june-20th/121/3

We are working on development bounties, but our devs need some time for a week off atleast soon.

Yes we are ASIC SHA256. No immediate plans to change as we are safe from chain reorgs and such from large hash influences with reorg protection and we even had some fun with LWMA difficulty adjustment algo.

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June 21, 2019, 07:03:25 AM
 #41

I got errors on my pool while the devaultd starts:

A error about a getaccountaddress, and another one for getblocktemplate.


Any idea why ?

ty
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June 21, 2019, 06:24:28 PM
 #42

I got errors on my pool while the devaultd starts:

A error about a getaccountaddress, and another one for getblocktemplate.


Any idea why ?

ty


Make sure you are allowing the daemon to fully start by setting a password at first boot. (then make sure you unlock it for a long time by running walletpassphrase "yourpassword" 99999) . If you continue to have issues, try building again from the master branch.

What pool are you using? be sure its our fork of Yiimp: https://github.com/devaultcrypto/yiimp

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June 22, 2019, 12:03:55 AM
 #43

I got errors on my pool while the devaultd starts:

A error about a getaccountaddress, and another one for getblocktemplate.


Any idea why ?

ty


Make sure you are allowing the daemon to fully start by setting a password at first boot. (then make sure you unlock it for a long time by running walletpassphrase "yourpassword" 99999) . If you continue to have issues, try building again from the master branch.

What pool are you using? be sure its our fork of Yiimp: https://github.com/devaultcrypto/yiimp

Hi.

ty for your answer, i  uninstalled it to reinstall it back after, and now i have worst :

"
configure: error: libdb_cxx headers missing, DeVault Core requires this library for wallet functionality (--disable-wallet to disable wallet functionality) "

I tried everything ... all dependencies  are installed, i even mentionned to ubuntu where to locate libdb:

$ export BDB_INCLUDE_PATH="/usr/local/BerkeleyDB.5.3/include"
$ export BDB_LIB_PATH="/usr/local/BerkeleyDB.5.3/lib"
$ ln -s /usr/local/BerkeleyDB.5.3/lib/libdb-5.3.so /usr/lib/libdb-5.3.so



nothings works, it keeps telling me this same error like libdb wasnt installed.


PLease help Sad !!


Oh yes i have installed yiimp, i use this one https://github.com/cryptopool-builders/yiimp . Could it be because of that ?
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June 22, 2019, 03:46:02 AM
 #44

I got errors on my pool while the devaultd starts:

A error about a getaccountaddress, and another one for getblocktemplate.


Any idea why ?

ty


Make sure you are allowing the daemon to fully start by setting a password at first boot. (then make sure you unlock it for a long time by running walletpassphrase "yourpassword" 99999) . If you continue to have issues, try building again from the master branch.

What pool are you using? be sure its our fork of Yiimp: https://github.com/devaultcrypto/yiimp

Hi.

ty for your answer, i  uninstalled it to reinstall it back after, and now i have worst :

"
configure: error: libdb_cxx headers missing, DeVault Core requires this library for wallet functionality (--disable-wallet to disable wallet functionality) "

I tried everything ... all dependencies  are installed, i even mentionned to ubuntu where to locate libdb:

$ export BDB_INCLUDE_PATH="/usr/local/BerkeleyDB.5.3/include"
$ export BDB_LIB_PATH="/usr/local/BerkeleyDB.5.3/lib"
$ ln -s /usr/local/BerkeleyDB.5.3/lib/libdb-5.3.so /usr/lib/libdb-5.3.so



nothings works, it keeps telling me this same error like libdb wasnt installed.


PLease help Sad !!


Oh yes i have installed yiimp, i use this one https://github.com/cryptopool-builders/yiimp . Could it be because of that ?


You need to use one based on https://github.com/devaultcrypto/yiimp due to custom changes
Also make sure you build with master branch for pool usage
We can give better support from our discord https://discord.gg/wbczgYA





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June 22, 2019, 05:11:49 PM
 #45

I got errors on my pool while the devaultd starts:

A error about a getaccountaddress, and another one for getblocktemplate.


Any idea why ?

ty


Make sure you are allowing the daemon to fully start by setting a password at first boot. (then make sure you unlock it for a long time by running walletpassphrase "yourpassword" 99999) . If you continue to have issues, try building again from the master branch.

What pool are you using? be sure its our fork of Yiimp: https://github.com/devaultcrypto/yiimp

Hi.

ty for your answer, i  uninstalled it to reinstall it back after, and now i have worst :

"
configure: error: libdb_cxx headers missing, DeVault Core requires this library for wallet functionality (--disable-wallet to disable wallet functionality) "

I tried everything ... all dependencies  are installed, i even mentionned to ubuntu where to locate libdb:

$ export BDB_INCLUDE_PATH="/usr/local/BerkeleyDB.5.3/include"
$ export BDB_LIB_PATH="/usr/local/BerkeleyDB.5.3/lib"
$ ln -s /usr/local/BerkeleyDB.5.3/lib/libdb-5.3.so /usr/lib/libdb-5.3.so



nothings works, it keeps telling me this same error like libdb wasnt installed.


PLease help Sad !!


Oh yes i have installed yiimp, i use this one https://github.com/cryptopool-builders/yiimp . Could it be because of that ?


You need to use one based on https://github.com/devaultcrypto/yiimp due to custom changes
Also make sure you build with master branch for pool usage
We can give better support from our discord https://discord.gg/wbczgYA









Oh, master branch for pool usage should do the trick ! Ty !
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June 22, 2019, 07:54:32 PM
 #46

BitcoinTalk Signature Bounty is live:
https://bitcointalk.org/index.php?topic=5157364.new#new

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June 22, 2019, 09:09:05 PM
 #47



Quote
You need to use one based on https://github.com/devaultcrypto/yiimp due to custom changes
Also make sure you build with master branch for pool usage
We can give better support from our discord https://discord.gg/wbczgYA




Sorry but nobody is answering on discord.

And just tried to install your yiimp, here what it gives :


./run.sh: line 3: cd: /var/stratum/config/: No such file or directory


Any idea why ?? It is possible your file is not complete ?
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June 22, 2019, 10:04:25 PM
Last edit: June 22, 2019, 10:21:27 PM by devault
 #48



Quote
You need to use one based on https://github.com/devaultcrypto/yiimp due to custom changes
Also make sure you build with master branch for pool usage
We can give better support from our discord https://discord.gg/wbczgYA




Sorry but nobody is answering on discord.

And just tried to install your yiimp, here what it gives :


./run.sh: line 3: cd: /var/stratum/config/: No such file or directory


Any idea why ?? It is possible your file is not complete ?

I do not see your question, try in #support or #mining please.

Our developer's don't have lots of time to surf Bitcointalk, sorry.

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June 24, 2019, 11:06:46 PM
 #49

We have added a github feed into Discord for those looking to keep tabs on the development side of things.

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June 26, 2019, 04:14:08 PM
 #50

Another week, another wallet update!
Please update your #DeVault wallets to 1.0.3 (mandatory) or 1.0.4 by the end of the month (June).

Download it here: https://devault.cc/wallets.html 

https://twitter.com/DeVaultCrypto/status/1143914606550646785

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June 27, 2019, 10:20:59 AM
 #51


Hey there, I hate downloading wallets on my desktop but your project is something to look for. Can you guys give us some specific time when the mobile wallets will be up? I mean that will definitely an ease for us.

Also planning to join your signature campaign.  Cheesy

I use this provider to trade Cryptos : Bitcoin Revolution
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June 27, 2019, 12:36:09 PM
 #52

I was surprised when I saw a market capitalization DVT of $20,000 on coingecko. How many emission DVT per year?

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June 27, 2019, 06:43:09 PM
 #53

We're producing more and more coins per day until 1.5 yrs has passed as shown in the charts link in the ANN.

Currently we have about 8m coins in a little under a 4 week period. Also marketcap is a very funny metric, do not get to attached to it for now.

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June 27, 2019, 08:31:25 PM
 #54

Does your coin wake POS?
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June 27, 2019, 08:46:44 PM
 #55

No we're a full proof of work coin in terms of the blockchain. We do have a hodling mechanism addon on top though called cold rewards which can be confused for staking.

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June 27, 2019, 09:03:28 PM
 #56

I So understand that I keep coins on my balance in my wallet and keep my wallet open, I absolutely will not get anything from this?
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June 27, 2019, 09:06:05 PM
 #57

NO NODE, NO PROBLEM
Cold Rewards
DeVault is a project that provides 'cold' rewards to the widest possible range of community members. Simply start with 1000+ DVT, hodl for 21,915 blocks and start earning!
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June 27, 2019, 09:08:03 PM
 #58

Correct, there is no requirement to leave the wallet open. The rewards will show up whether you do or not. Just follow the rules.

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June 27, 2019, 09:10:43 PM
 #59

This is what I found on your official website. It says you can wake up from 1000 DVT. I bought 4670 DVT. Well, I don’t quite understand the principle. How can I earn money from you?
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June 27, 2019, 09:12:16 PM
 #60

You wait 30 days and make sure those coins are in 1 transaction aka a single 'UTXO'.

We have about a week or so to go till some of our users will start seeing their first rewards.

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June 27, 2019, 09:15:50 PM
 #61

Just answer me this question. I don't have any powerful equipment for mining your coin. I only have a computer, but is it very weak, can I earn just because I have a coin on my balance in my wallet?
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June 27, 2019, 09:16:46 PM
 #62

Yes.

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June 27, 2019, 09:18:41 PM
 #63


But I have coins for 2 transactions but for the same admission address
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June 27, 2019, 09:21:04 PM
 #64

If I bring to the exchange and to the new address, I will throw off one transaction in my wallet so that this problem can be solved
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June 27, 2019, 10:53:22 PM
 #65

This is incredible, something happens, such an increase in the price of a coin is a good work of developers for such a period of time such growth you can see the value of the project from the first days I will save on asyk to earn more coins as soon as possible and keep on balance until better times
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June 27, 2019, 10:56:19 PM
 #66

Volume: 1.698M DVT   Shocked
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June 28, 2019, 04:14:28 AM
 #67

Much thanks! We went for ease of use of course.

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June 28, 2019, 11:31:10 AM
 #68

Great to see that $DVT is already listed on various exchanges.
I would suggest anyone from the team to try and get listed on Graviex.
They're a small exchange but is known for listing various coins with their own blockchains. More exchanges means more liquidity.  Grin
More info can be found on this link: Here

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June 28, 2019, 04:10:47 PM
 #69

I hope your coin listed on HitBtc exchange or Livecoin   Smiley and im will be buy.
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June 28, 2019, 06:35:41 PM
 #70

We will not be listing with HitBTC, many of us have seen firsthand the issues they have had.

Livecoin wants 5 btc.

Graviex is a possibility but .35 btc is asking alot at the moment we have other priorities especially when SouthXchange, Swiftex & Esco are working fine already.

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June 28, 2019, 09:11:11 PM
 #71

Cryptopia
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June 30, 2019, 12:15:37 PM
 #72

you alwasy dumper price, makes traders lazy to buy your coins. I will buy again if the price returns to at least 100 satoshi and does not go back down.  Embarrassed
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June 30, 2019, 07:07:47 PM
 #73

Sir you should check the mining rewards graph as to why, the miners are selling, no other coins have been created other than mined ones yet..

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July 03, 2019, 12:18:52 AM
 #74

you alwasy dumper price, makes traders lazy to buy your coins. I will buy again if the price returns to at least 100 satoshi and does not go back down.  Embarrassed

Thanks. It's the traders who are not lazy and buy at current prices who will be more likely to make money than the ones that are lazy and buy at 100 sats.
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July 03, 2019, 09:12:28 PM
 #75

Our first superblock is coming in a few days, along with our Social Governance website going into public beta, make sure you're following us for the updates:

https://twitter.com/DeVaultCrypto

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July 07, 2019, 04:20:31 PM
 #76

can anyone give me the command for unlocking my wallet in the console....couldn´t fin the exactly command!

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July 07, 2019, 06:33:37 PM
 #77

walletpassphrase PASSWORDHERE 5000

There is also a drop down option to enter the password.

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July 08, 2019, 09:54:19 AM
 #78

walletpassphrase PASSWORDHERE 5000

There is also a drop down option to enter the password.

thanks Smiley

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July 12, 2019, 06:28:12 AM
 #79

DeVault Core Wallet has been updated to 1.0.5.

Some other updates surrounding the new RPC command from Spock, bug/crash fixes, as well as the ability to use 24 word HD phrases.

Please visit https://www.devault.cc/wallets.html

For more info: https://github.com/devaultcrypto/devault/releases/tag/v1.0.5

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July 16, 2019, 08:33:23 PM
 #80


http://DeVault.Online  is a Social Media focused, Governance platform, designed for the #DeVaultEconomy.

We're happy to announce it is now in full open beta, and anyone is welcome to sign up, use or even help build the Social Network of tomorrow.

https://twitter.com/DeVaultCrypto/status/1151197900287795200

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August 13, 2019, 11:07:31 PM
 #81

I cant connect to any nodes?? Huh
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August 15, 2019, 02:25:20 AM
 #82

The #DeVault forks of Electron Cash mobile and desktop platforms are nearly ready!

If you would like to help do any last minute testing find us in Discord!
(link: https://discord.gg/hxjYJUM)

https://twitter.com/DeVaultCrypto/status/1161822876384673792

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September 09, 2019, 05:35:36 PM
 #83

Android Wallet now available!

https://www.devault.cc/wallets.html


Appstore: https:/[Suspicious link removed]/GZffXrcZr1
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September 13, 2019, 11:59:54 PM
 #84

We do not currently have any bounties running as we've scaled down for the time being due to market conditions and are simply focusing on development and team building in other areas but hope to return to them shortly.

yes we are SHA256 based.

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September 17, 2019, 08:28:50 PM
 #85

Bitcoin becoming unprofitable to mine for you?

Try another SHA256 ASIC coin like DeVault!

https://twitter.com/DeVaultCrypto/status/1172022743681732608


Also, we're having a 30 day trading contest on SouthXChange and 200k+ coins will be up for grabs to the top 10 traders by volume x a trade multiplier.
https://twitter.com/DeVaultCrypto/status/1173291434813751296

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September 21, 2019, 02:26:03 PM
 #86

It's interesting to follow projects with active development. Why only 6 sat? Are there any guarantees that DeVault will be more interesting for ASIC?

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September 23, 2019, 02:32:49 PM
 #87

We do not wash trade or fake hype to bring traders and most of our users are simply accumulating low while the ASIC pools dump for BTC so that keeps price low in this market generally speaking.

We are not looking into making it any more attractive for ASICs currently, but the community is free to suggest and alter the coin as they see fit as with most things.

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September 23, 2019, 02:42:08 PM
 #88

Could Cash Accounts be coming to #DeVaultEconomy soon? Possibly.... 😇

If you're not familiar with this concept, it enables simple user ids such as 'walter1337'. Much simpler UX for regular folks built right into the #DeLight wallets!


https://twitter.com/DeVaultCrypto/status/1174907814822567936

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September 23, 2019, 08:25:33 PM
 #89

Well, nice behavior about not influencing the market because nothing fairer is that people determine the direction of DVT. Will the inflation curve change?

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September 24, 2019, 07:05:16 PM
 #90

Gonna give this a critical look shortly.
Seems to have all its card in mostly the right places and most importantly, the name is an apt fit (crypto seems to have a thing against naming projects properly. Memorable brand names, folks!). Will be back with my 21 questions


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CARTESI📱 
LINUX INFRASTRUCTURE FOR DAPPS

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devault
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September 29, 2019, 02:39:11 PM
 #91

Much appreciated..

This project was started out of a desire for something sensible designed for users and could last through all of the drama and problems crypto can throw at us.

The end goal is to supply a subset of humanity with a self organizing 'self-banking system' replacement built on top of the tried and tried digital cash foundations we all have learned work as of today, not 10-20 yrs from now and 5 billion dollars later.

We also hope to let the community control the decisions as this is the only way to avoid any 'CEO' types or the like running the project into the ground for short term gain.

We welcome any and all questions, thank you for looking into us, it's been a fun year since research and development began and the entire time its essentially been a fun bear market and we've been overshadowed by projects faking not only their trades but many other aspects of the project which is very disappointing to us as a community, hence DeVault!

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September 29, 2019, 02:41:14 PM
 #92

Well, nice behavior about not influencing the market because nothing fairer is that people determine the direction of DVT. Will the inflation curve change?

The community is currently voting to reduce the inflation by roughly 60% starting in 3 months as opposed to 12 months, we will report back when/if the vote passes.

It currently seems to be passing with no issues; which would result in a reduction of roughly 3bln coins over the lifetime of the project. The new soft cap would become 2bln instead of 5bln.

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October 02, 2019, 04:34:08 PM
 #93

The community will be waiting for this reduction. Because conditions do not currently favor price improvement.

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October 13, 2019, 09:41:30 PM
 #94

Some recent updates include:

http://DeVaultID.com will open registration for simplified, easy to use and remember usernames integrated into the #DeLight wallets!
We will be activating the protocol at block 84,000 (currently available for use)!
from: https://twitter.com/DeVaultCrypto/status/1181584527707099136

DeVaultID creation only works in Desktop versions of the DeLight Electrum Wallet currently.
https://www.devault.cc/wallets.html


BitDB is also ready for usage by developers! This is a very powerful tool capable of many unique things which we will leverage in the near future!
https://twitter.com/DeVaultCrypto/status/1180144303005257728

check it out at: bitdb.exploredvt.com/explorer

The community has also passed votes to both increase the minimum for cold rewards to 25,000 coins but also to slash the future inflation by roughly 60% and/or 3 billion coins out of an estimated 5 billion.


More updates coming soon! (PS; discord tipbot is back online.)


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October 31, 2019, 05:04:24 AM
 #95

https://twitter.com/DeVaultCrypto/status/1187401441838714880


Introducing #DeVault 1.1, DeVaultID, DeVault Token Protocol (DTP), new DAO/Inflation adjustments & other updates.

So much information it required our own blog pages! What are you most excited about? $DVT

https://devault.cc/devault-core-updates-token-protocol-inflation-adjustments.html

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November 23, 2019, 04:08:41 AM
 #96

https://twitter.com/DeVaultCrypto/status/1197607153827074048

Please update your $DVT wallets to 1.1.1.

A fix was added to the grace period of Cold Rewards before the new rules took place, which is mandatory for all clients.

Please download from:
https://devault.cc/wallets.html or
https://github.com/devaultcrypto/devault/releases/tag/v1.1.1

Thank you!

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December 11, 2019, 06:58:38 PM
 #97

Please update your DVT wallets to 1.1.2. This a mandatory update that further addresses the issues with 1.1.0 and the cold rewards fixes.

Please ONLY download from:
https://devault.cc/wallets.html or
https://github.com/devaultcrypto/devault/releases/tag/v1.1.2

Thank you!

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December 31, 2019, 08:36:58 PM
 #98

A Christmas $DVT Release! DeVault Core 1.1.3 is now live with a few improvements and cleanups. Please note 1.1.2+ is now mandatory for all clients.

Please ONLY download from:
https://devault.cc/wallets.html or
https://github.com/devaultcrypto/devault/releases/tag/v1.1.3


ANOTHER $DVT TRADING CONTEST IS HERE!

Trade on either
@graviex_net or @southxchange over the next 30 days and win your share of 1.6m #DeVault in prizes!

This contest starts today and ends January 21st, 2020.

Happy New Years!

#bitcoin pairs aka $btc/#dvt pairs only.


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January 14, 2020, 04:47:12 PM
 #99

 
 You can mine DeVault at autoexchange mining pool Zergpool.com at 0.5% fee. Please use following commands for different mining options
 
 Option 1 Auto coin switch by profitability within algorithm with autoexchange to specified coin wallet(BTC in example below)
Code:
  -o stratum+tcp://sha256.mine.zergpool.com:3333 -u <YOURBTCWALLET> -p c=BTC

 Option 2 Direct coin mining with payout to coin wallet
Code:
  -o stratum+tcp://sha256.mine.zergpool.com:3333 -u <YOURDVTWALLET> -p c=DVT,mc=DVT

 Option 3 Direct coin mining with autoexchange to specified coin wallet(BTC in example below)
Code:
  -o stratum+tcp://sha256.mine.zergpool.com:3333 -u <YOURBTCWALLET> -p c=BTC,mc=DVT

 Please note mc stands for mining coin symbol, c stand for payout coin symbol
 
 Autoexchange to BTC, LTC, DASH, BCH, DOGE or any other currency we mine
 Happy mining,
  cheers pinpin
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