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Author Topic: [ANN] ¤ DMD Diamond 3.0 | Scarce ¤ Valuable ¤ Secure | PoS 3.0 | Masternodes 65%  (Read 1177178 times)
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danbi
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May 26, 2014, 07:58:13 AM
 #1101

Thanks! Efficient answer Cheesy

And somewhat wrong. Smiley

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danbi
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May 26, 2014, 08:06:19 AM
 #1102

when trying to send coins with my 2.0.1 wallet i get the error that the coins i want to send exceed my balance , however they dont , how do i fix that ? Tongue

well i have 29 and cant send a single one , also im not able to type anything in the wallet and have to paste everything

Do you have any reservebalnce setting? Diamond.conf file in the folder where wallet.dat is? What is in there - don't post passwords please Smiley

What wallet software you use? From where it came, etc? You may have some problem with the wallet. The safest option is to backup your wallet.dat file somewhere safe, remove everything, reinstall, resync and copy it back (the start the wallet again).

Just for information:
Network fee is proportional to the size of the transaction you create. If your wallet contains many small denominations (a typical solo miner's would contain many 1 DMD amounts), when sending larger amount, it has to recombine all those in a single transaction. The minimum fee is 0.001 DMD. For each 1kb, it is increased with that much. Sending 100 amounts (or 100 DMD if your wallet has 1 DMD "coins") results in about 0.012 DMD in fees. It is unlikely you will have lots of smaller than 1 DMD amounts, unless you do a lot of transactions and create "change" (which is one of those 1 DMD minus the fees). Change is first used for fees, though.
These things might change in future, but this is how the current (and the one before, etc) wallet works.

BTC: 15cJkRupKAkGr6sTxj1Uzb6uHbvuRyK1GL
DMD: dJZEqNcjiUiMMd8DKBFS9oMWtArAD2GCHr
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May 26, 2014, 08:10:30 AM
 #1103

Thanks! Efficient answer Cheesy

And somewhat wrong. Smiley
Well if he's wrong then tell us what's right.
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May 26, 2014, 08:37:09 AM
 #1104

I was going off this quote from cryptonit from the last page:

it was not planed that POS activate have to be part of next wallet and not already working

Now this is not one of his better efforts, double negatives,etc, but I took it to read that they were having problems getting the wallet to stake.  I'm sure I read another post to the same effect a few pages earlier.  Don't make me look for it, life is too short Smiley

Thanks! Efficient answer Cheesy

And somewhat wrong. Smiley
Well if he's wrong then tell us what's right.

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May 26, 2014, 08:45:23 AM
 #1105

Don't make me look for it, life is too short Smiley

I will make sure to remember that quote!

PoS cannot work in the current network, because of invalid data already in the block chain. This has been commented already.
It took some time to identify the reasons for this. The block chain damage was done many months ago.
A mechanism to fix this and avoid it happening in the future is already known and is being tested for side effects.
If I were you, I wouldn't blame anyone... life is too short Smiley

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May 26, 2014, 08:54:21 AM
 #1106

I just scrolled up and didn't see anything relating to blame? I just said they were having problems getting it to work.  If the reasons were explained earlier by crptonit, there is a fair chance that I didn't understand what he was saying. Smiley
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May 26, 2014, 09:04:40 AM
 #1107

I just scrolled up and didn't see anything relating to blame? I just said they were having problems getting it to work. 
If the reasons were explained earlier by crptonit, there is a fair chance that I didn't understand what he was saying. Smiley


 
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May 26, 2014, 09:26:52 AM
 #1108

Thanks mate.  Your never ending clip art collection is so much more informative than progress updates.  Really appreciate it!
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May 26, 2014, 04:16:21 PM
 #1109

Thanks mate.  Your never ending clip art collection is so much more informative than progress updates.  Really appreciate it!
Best description of his posts in here.
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May 27, 2014, 01:24:05 AM
 #1110

Thanks mate.  Your never ending clip art collection is so much more informative than progress updates.  Really appreciate it!

Yes that's what he does best along with writing things very few understand. He wont change but he does expect people to trust DMD Cheesy

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May 27, 2014, 02:01:08 PM
 #1111

Thanks mate.  Your never ending clip art collection is so much more informative than progress updates.  Really appreciate it!

Yes that's what he does best along with writing things very few understand. He wont change but he does expect people to trust DMD Cheesy


if ya wonder why im so silent next few days im away on a sailing trip
my foundation position was never designed as communication person

i accept ur feedback and will assign the btt communication towards dedicated person(s)
who will  maintain information flow on this channel

i take for myself the freedom to speak and post my opinion wherever i want
because i am not only part of the diamond foundation
i am also a private person with a right to speak and post

nothing can force me to post under a socket-puppet account my personal opinion

regarding update from dev team i can say that we still in testing/adjusting POS behavior in testnet.
(but this time with a copy of whole blockchain so we wont miss troubles which have their origin six months in the past)

 
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May 27, 2014, 05:38:52 PM
 #1112


now POS is not working? Sad

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May 27, 2014, 08:06:12 PM
 #1113

since I had the same question recently, in short: No.
but they're working on it and it should be there in the next wallet version.
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May 27, 2014, 08:09:01 PM
 #1114


now POS is not working? Sad

a bug from old blockchain is still affecting us
but we did locate the problem and test a fix and its behavior in testnet already
all coin-age u gather now is not lost
u will be able cash in all pos rewards for each day the coins are in ur wallet once we release updatet wallet

 
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May 27, 2014, 08:35:07 PM
 #1115


cryptonit

thanks for the answer.
Does it matter POS transaction size, example - 1, 25 or 100 DMD?

and how to sort for withdrawing old coins (POS 30 days) and new coins, example which received 7 days ago?
In the following new wallet certainly.

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May 27, 2014, 09:05:15 PM
 #1116


cryptonit

thanks for the answer.
Does it matter POS transaction size, example - 1, 25 or 100 DMD?

and how to sort for withdrawing old coins (POS 30 days) and new coins, example which received 7 days ago?
In the following new wallet certainly.

POS will group small coin amounts
bigger coin amounts will stake on their own

in testnet we still optimize values so final values we will announce at release

regarding coin control i leave answer to danbi
my goal was to have a automatic mechanism who use for transactions always the coin pile where lowest amount of coin-age is lost
sound easy as a design requirement but seems not so easy as a task for  dev

 
  Diamond [DMD]     ARTIS [ATS]  
Scarce✦✦✦✦ Valuable ✦✦✦✦ Secure ✦     ▬ Streaming Money ▬ Creating Value ▬
danbi
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May 27, 2014, 10:11:32 PM
 #1117


cryptonit

thanks for the answer.
Does it matter POS transaction size, example - 1, 25 or 100 DMD?

and how to sort for withdrawing old coins (POS 30 days) and new coins, example which received 7 days ago?
In the following new wallet certainly.

With the version of PoS Diamond uses, there are two values that parametrize how it works: coin age and coin size (*).

Coin age is used to decide whether the coin can be staked to provide interest. More coin age translates to more interest. Diamond currently has no limit. It is also used to prioritize staking -- coins with more age stake first.
Coin size matters for prioritizing too, larger coins get staked first. The algorithm is actually a bit more complex.

The PoS process has another feature -- it can combine smaller amounts into larger amounts. This helps aggregate coins and reduce transaction fees.

For example, you have 100 coins of 1 DMD each (typical solo miner) and the combining limit is set at 100 DMD (this value is yet to be determined) then after staking, you will end up with one 100 DMD coin (plus interest). Now, when you decide to send 100 DMD to someone, without this feature, you will be sending 100 coins, for transaction fees of around 0.012. With this feature, your transaction fee will be only 0.001. It also helps make your wallet processing faster.

At the moment, Diamond does not have the so called "coin control". We have looked at how other coins implement it, and although it is less than satisfactory, we will implement at least that much too. However, depending on whether it is requiring a fork, it might not be in the upcoming release (which will focus on code fixes  and let PoS function). In theory, coin control lets you control which coins to stake or send. But we have some better ideas...

(*) "coin" as used here is an "unspent output", which is an amount you either received or generated. Most people only care about the totals, but the number of individual amounts is also an important metric.

BTC: 15cJkRupKAkGr6sTxj1Uzb6uHbvuRyK1GL
DMD: dJZEqNcjiUiMMd8DKBFS9oMWtArAD2GCHr
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May 28, 2014, 01:48:50 PM
 #1118

HR.  I know where you are coming from. I'm not a big holder of DMD, I've only got about 1,000.  Roughly half mined and half bought.  The thing that pains me is the mined half was mined when the diff was high and the promises plentiful.  Same goes with the bought half.  I paid at least double of the current market price.
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May 28, 2014, 01:49:49 PM
 #1119

"i take for myself the freedom to speak and post my opinion wherever i want . . .

nothing can force me to post . . ."



Not even price?



 . . . are you trying to crash DMD?




Considering that the guy is sailing somewhere in sea, do you honestly propose he carries an computer with him in water, so he could post for your amusement?


BTC: 15cJkRupKAkGr6sTxj1Uzb6uHbvuRyK1GL
DMD: dJZEqNcjiUiMMd8DKBFS9oMWtArAD2GCHr
danbi
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May 28, 2014, 01:54:04 PM
 #1120

The Diamond v2.0 wallet has been fixed, routines applied to work around the damaged data in the blockchain and it now does properly PoS (among other things). It has a lot of code cleaned, as well as few features/fixes implemented. More features will wait for later release, as this one will create hard fork on the Diamond network, at some near point in future.

Work is being done to heavily test the new wallet software before release, as there are many edge cases, like trying to stake some 30,000+ amounts..
When testing is complete, the wallet will be released in both source and executable form -- no waiting for an exact hour, etc. It is completely compatible with the current network until some future moment.
Work on avoiding the last situation with Cryptsy is being done too.

No other promises, except that it finally works. Hope this is good enough for you Smiley

Like cryptonit is saying, coin age currently collected in your wallets will not go to waste.

BTC: 15cJkRupKAkGr6sTxj1Uzb6uHbvuRyK1GL
DMD: dJZEqNcjiUiMMd8DKBFS9oMWtArAD2GCHr
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