[ANN] DIMI Diminutive Coin SHA256 POW/POS Hybrid Ex -Nano : Live Date 2020 01 03

Thread moved to https://bitcointalk.org/index.php?topic=5221878.msg53737208
Diminutive Coin DIMI Main Channel
https://discord.gg/a3uDqrV

Update
Experiment Sha256 is a complete failure - I will admit this wasn't going as planned at all I thought it would be great in a way but the hashes will either be impossible to mine or chain stalling. Giving me sleepless nights . However due to the chain's difficulty level I cannot merge into the new chain by means of softfork unless we mine for 20years to get 1 block so a chain restart will be in order .

As I see we are nearing a result to the vote wallet development has started for a GPU and CPU friendly coin for HMQ1725 which is a Quark hybrid using 25 encryption methods at once . The only algorithm that I can't see nicehashers /Asics messing around with .

There is miners for Nvidia, AMD and CPU which will drive the coin in a better direction to ensure hashes over a long time period. CPU alone has still a competitive advantage with GPU so both can be used .

Note I am making a coin with a unique coin reward system but hold on tight this will be explained in a different page on this group called Vaulting POW and POS which will add even more security to the chain itself . Release will be soon however I do need to see if POS only works and POW only works correctly - doing a testnet test first to see if the rewards run correct . Will also release a CPU miner in Linux - due to some miners in Linux not mining the blocks correctly.

The coin specs will be kept the same in reward payout system .

Do note that I will change the bitcointalk page as this will be a completely different type of coin with the same coding. Unfortunately the SHA256 chain will be dropped however all will have a 1 to 1 swap for the new chain .

I'm sorry about the chain resetting as I rather move it with a CPU or GPU with a couple of MHz then 70thz being pumped in taking me 12 hours to stabilize it .

Thanks for understanding .
The Proff

Update : Coin Name change to Zvault

it becomes very interesting, already the project of Zarhexcashcoin is very exciting with the aim of starting vans for the sale of coffee in south africa. This goal, still relevant, will be funded by the team's decision to create a platform exchange Zarhex 2.0 !!! By associating this 2nd coin with the ZArh, this will give it stability but also a substantial decrease in the number of ZArh by this mechanism to burn the Zarhs used to acquire Zvault !! I continue to believe in your project congratulations

Zvault a good project and will develop in the future with the support of Pos and PoW that Zvault is able to compete in the exchange market, and has a large community,
the hard work of the team and the developer deserves thumbs up

Care !
When does the project work? Do Zarhexcash holders receive airdrops from Zvault?
Will Zvault have only 1 market with Zarhexcash? Will you continue with Zarhexcash?

What are you waiting for, keep Zarhexcash and wait Zvault is coming it gives more airdrops

Quote

Block Time: 4 Minutes
Confirms : 100 TX

In other words, we need to wait for 400 minutes or approximately around 7 hours before the balance is credited?
Why did you set it that high?

hi I can help you with a mining pool service?

One of the best project which i trust congratz and good luck

Looking forward to your launch, I can provide you with pool service.

Garbage, i can already tell by the shady army of newbies the OP is creating,man that tactic is so 2016 haha Tongue

Keep in mind u asshat, you have already burnt your coin as it will be automatically shit on upon launch for the army of newbies your making to shill it
another day, another scamcoin.. "algo 13X" lol these 80IQ idiots...

Quote from: CjMapope on November 22, 2019, 02:50:43 AM

Garbage, i can already tell by the shady army of newbies the OP is creating,man that tactic is so 2016 haha Tongue

using noobs to hype up the project is one signal that the team has no confidence with their very own project!
why use noobs in the first place?
low supply, but where will their value come from?
create coin, list on an exchange, dump...then create another coin... and so the cycle begins...

Reward structure seems really good. Is there a discord server to follow the project?

They want to be listed in zarhex exchange, anybody knows about that exchange? It has very low supply but you are also giving a very small amount of coin per block so it is also the same giving 1 coin per block with max supply of 500 000. You are just using a 2 digit number here. Interested what are the coin's practical use for this coin?

Doesn't matter if zarhex exchange is a big or a small currently, in any way that is a real place where we would be able buy or sell these coins. On my mind only a presence on an exchange adds a value to the coin, i.e. when someone wants to buy it and there is a place where he can do this.
So many new coins are appearing last days, those could have a nice whitepapers, famous developers, sweet promises, but despite of all of this investors and bounty hunters are waiting months or even years until they get listed at least on one exchange, meanwhile their coins remains as just digits on monitors without any real value. I don't like to wait so long, i prefer when the coin has any available exchange asap. So i consider as a big plus that Zvault will be listed soon at least on zarhex exchange.
Other plus is PoS, because it doesn't require a specific tech knowledge and equipment in comparizon with PoW.

Seems like the project is dead..

I think this is the lowest supply that a coin has I've seen so far. Do you think it will survive and sustainable? It will not gonna work that way easily for having a low supply unless there are willing to buy and use that coin. Don't just focus on listing it on an exchange but develop the project with significance.

Quote from: Deamonxaa on November 18, 2019, 06:19:18 PM

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Diminutive definition : Extremely or unusually small.

Coin Name : Diminutive coin
Coin Ticker : DMI
Coin Type : Experimental
Algo : Sha256d Asic
Blocktime : 90 Sec
Chain Retarget : 270 sec
Stake per Year : 15%
Min Stake age : 5 days
Coinbase Mining Maturity : 100 Blocks
Coinbase Wallet Send Maturity : 10 Blocks
Last Pow Block : 87000000
Min Tx fee 0.0000250 : * This is to allow easier movement for miner pools *
Max Coin Supply 10 000 DMI

Reworked Wallet Dialog[/b]

Introduction To Coin

Reason for Creation : Goal is to create a coin that can function as a vault asset due to it's immense difficulty level to store a coin value however as seen above in the coin specs the yearly pos rate is 15% and will benefit users mining and hodling coin which will be active in 5 days . Sha256 is meant for Asic miners only and cannot be mined by GPU/CPU !This coin is not for the faint of heart!
First Note : This is a experimental type coin , I wish i could add more emphasis on this part and will be maintained in the background on github if issues is logged.
Second Note: This will be listed in my main project as part of a vault type coin if the experiment is successful which can be found here https://bitcointalk.org/index.php?topic=5120156 . Zarhex is a exchange that is being created and will be paired with BTC - DASH - DOGE - LTC once the exchange is fully developed and power in south africa is not switching off every 6 hours .

Developer Note :
THIS IS EXPERIMENTAL - Zarh and DMI is two different coins and not the same concept - IF the experiment is successfull the premine will be devided into functions - Exchanges may list it if the want to however please contact me on discord before doing so. Again as i stated this is highly experimental due to the block output amount as i'm not able to replicate under testnet environments the stress required on the chain .
Zarhex Exchange itself is ready on however due to the current power issues plaqueing in my country the launch of server will be announced once stable power is aquired

Links:
Block Explorer:
Github:

DMI DISCORD:

Main project:
ZARH DISCORD Discord:

MORE INFO COMING SOON

FQ
PREMINE - NO PRE SALE ON THIS COIN
650 - Used by means of maintaining the coin's stability,debug bounties and keeping chain alive .

Experiment 1 Specs

Coin Name : Diminutive coin
Coin Ticker : DMI
Coin Type : Experimental
Algo : Sha256d Asic
Blocktime : 90 Sec
Chain Retarget : 270 sec
Stake per Year : 15%
Min Stake age : 5 days
Coinbase Mining Maturity : 100 Blocks
Coinbase Wallet Send Maturity : 10 Blocks
Last Pow Block : 87000000
Min Tx fee 0.00000250 : * This is to allow easier movement for miner pools *
Max Coin Supply

Experiment 2 Specs
Coin Name : Diminutive coin
Coin Ticker : DMI
Coin Type : Experimental
Algo : Sha256d Asic
Blocktime : 90 Sec
Chain Retarget : 270 sec
Stake per Year : 15%
Min Stake age : 5 days
Coinbase Mining Maturity : 100 Blocks
Coinbase Wallet Send Maturity : 10 Blocks
Last Pow Block : 87000000
Min Tx fee 0.00000500 : * This is to allow easier movement for miner pools *
Max Coin Supply

Experiment 1 -
Rules
With the findings of Experiment 1 and 2
The avg cost per Transaction is 2= 20.83 satoshis/byte + 26.31 satoshis/byte = 23.57‬ satoshis/byte Per Block

Note this is a rough estimate on a Testnet inviroment
Moving 250 Blocks will be = 5879‬ satoshis/byte per 250 Blocks
Moving 500 Blocks will be = 11785 satoshis/byte per 500 Blocks (+- Miner Pool Payout Processed before this time moving the chain)
Moving 1000 blocks will be = 23570 satoshis/byte per 1000 blocks
Moving 2000 blocks will be = 47140‬ satoshis/byte per 2000 blocks
Moving 3000 blocks will be = 70710‬‬ satoshis/byte per 3000 blocks
Moving 5000 blocks will be = 117850 satoshis/byte per 5000 blocks (+- For Pos Maturity in blocks )

Pool Payout Calculation with :
Working on Zpool Payout rates *Payouts for all other currencies are made automatically every 4 hours for balances above 0.0500 * 90 Block time *
3600Sec / 90Sec Block Time = 40 Blocks ( 0.4 DMI Total Mined in 4 hours +-)

Scenario 100 miners Mining at equal speeds

0.01 block / 100 Miners = 0.0001‬ Per Miner

0.0001‬ Per Miner -> 0.0500 payout fee = 500 blocks per Miner mining

Miner Time 90 * 500 = 45 000 Sec (750 Minutes)

Possible first payout in 12.5 Hours

Main concerns will be :
Modify Tx Costs
Transaction Min Fee: 11785 satoshis/byte per 500 Blocks to move coin normally + 40 Block for block maturity
Coinbase Mining Maturity : 100 Blocks need to reduce to 40
Block Adjustment 3 reduction (MIN Amount per block) : 0.01DMI x 1.5 = 0.015 DMI to cover miners not reaching the payout amount