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Author Topic: [ANN] Diamond (DMD) Evolution v 2.0 | Hybrid Security | 25% PoS  (Read 893489 times)
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cryptonit
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May 27, 2014, 09:05:15 PM
 #1121


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

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May 27, 2014, 10:11:32 PM
 #1122


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.

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May 28, 2014, 01:48:50 PM
 #1123

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
 #1124

"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?


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May 28, 2014, 01:54:04 PM
 #1125

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
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May 28, 2014, 05:15:26 PM
 #1126

Can someone please help me on how to setup Minerd to mine Diamond coin? what are the Bat settings?
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May 28, 2014, 08:43:28 PM
 #1127


POS after 30 days?

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May 29, 2014, 04:49:22 AM
 #1128

Can someone please help me on how to setup Minerd to mine Diamond coin? what are the Bat settings?

c:/whateverpathyousetup/minerd -a groestl -o http://dmdpool.digsys.bg:3345 -u User.Worker -p Password -t 2

This would be for Danbi's getwork pool with 2 threads (-t 2).  If you have a quad core CPU, make it -t 4.

You can mine on the CPU and use cgminer/bfgminer/sgminer/etc. to mine with your GPU also. 

Good luck.  14 cores (mostly AMD) get me about 1 DMD per day.  But it's better than mining XPM.
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May 29, 2014, 06:42:58 AM
 #1129


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?


Sailing at sea! At a time like this? With the money he made at the top? Just saying, but it's that kind of attitude and behavior that can make people start thinking this was a pump and dump, and perhaps rightfully so.

Don't know. I know I wouldn't be vacationing at a time like this, much less flaunting it - come on, a high end vacation, sailing at sea, when the coin you claim to be the expert for is getting slammed?

I'd be using some of that cash to at least support the price, and doing my best to actively be professional on the official thread as well.

Give me a break. It's like he's flipping us the bird.



BTW, are you now one of the "dedicated person(s) who will maintain information flow on this channel"?



How do you use "that cash" to support the price? What cash? Share with us your knowledge of how this can be done.

Don't know what you expect as dedicated person for communication. All these crypto coin things are community driven, and being part of the community that cares about Diamond, I try to help with more information. My comments are more on the technical side, because this is what I understand.

You too, could contribute something, for example your ingenious idea how to increase price with "that cash". Or you could continue criticizing -- your choice.

I myself, don't believe in the concept that some "dev" can drive project like this alone, and preach to the community whatever he think they deserve. A community, that more or less worships "the dev". Having analyzed the code of both Diamond and other coins, I can say with confidence that most "devs" are at best mediocre programmers.

So while constructive and creative input is certainly welcome, there is no problem for you to continue with your smart comments.

BTC: 15cJkRupKAkGr6sTxj1Uzb6uHbvuRyK1GL
DMD: dJZEqNcjiUiMMd8DKBFS9oMWtArAD2GCHr
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May 29, 2014, 06:49:48 AM
 #1130


POS after 30 days?

Diamond is designed to stake coins after they sit unused for 30 days. The current wallet cannot stake anything, because of both errors in the code (integer overflow) and bad data already existing in the block chain. In order to fix this, new fork has to be created, with code that eliminates the effect of the block chain bad data. (the data is not going to be discarded, it is just bad for the assumptions the original PoS algorithm makes).

This fork should happen in reasonable time to give enough notice to people who need wallets for supporting others (pools, exchanges, etc). PoS will start functioning after the fork point. Any coin in the wallet that is more than 30 days old will be eligible to stake, and will stake with probability proportional to its age and amount (larger, older coins will likely stake first). For example, if the fork happens on 10th of June (note, this is an example date) any coin that is at least 30 days old at that time (anything generated or received before 10 May) will be eligible to stake.

Do you have other suggestions?

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May 29, 2014, 01:31:09 PM
 #1131


How do you use "that cash" to support the price? What cash? Share with us your knowledge of how this can be done.


This is the last time I'm humoring the community on this (or even dealing with the issue for that matter - whoever hasn't woken up to this by now, never will). If you don't see my point, or don't care to address it, then that's your problem, but it's obvious that if you have a coin that you've taken over and (okay, I'm not going to be negative so I'll put as positive a spin on this as I can) it's not exactly running smoothly (with price falling by over 2/3, and various unresolved technical issues still plaguing you after having a difficult changeover, and still only one functional pool running, and still only one exchange . . . I think I'll leave it at that so as not to over do it) you don't go on vacation, and you certainly don't flaunt a high end, "sailing at sea" vacation.

Do you really need me to share my knowledge regarding your question? How much would a "sailing at sea" vacation cost you? Who can afford that kind of vacation? A regular middle class everyday Joe? (Only if he just made one big killing selling something special.  Wink ) Someone who has a considerable net worth? (Could also be someone spending to their credit's limit, of course, so let's just say someone with access to easy money.) Does this answer your "what cash" question? If he's sailing at sea, he's not doing it for free.

Whether it's borrowed, taken from personal savings, from windfall proceeds, whatever the case, if the funds are as disposable as those for a high end vacation, they would be better directed at supporting the price of the coin . . . unless he doesn't take any of this serious at all.

How do you do that?

BY BUYING!!!


Question answered?

After all, isn't it this same "Chief Visionary Officer" who spends so much time telling others not to sell, but to hold, and to buy, and that in the long run it will be worth it?

As I said, if it were me, in the same situation, I'd be putting my money where my mouth is.


BTW, it saddens me to think that you are unable to recognize and appreciate my contributions, and if you only think technical contributions qualify, and want to go back and see some of my technical contributions from early on, I'm sorry that you might have it a bit difficult doing so because you'll need to ask the moderator who deleted perhaps one of the most important technical contributions made . . . and I know it wasn't deleted by accident.

Open you eyes.







C'mon HR. Now you are making assumptions based on nothing and firing them at innocent people.

1) Cryptonit is clearly not an native english speaker. So assume he does not live in your fancy American bubble, maybe Europe where things are different.
2) Why would Cryptonit's sail-trip be classed as vacation?
Quote
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

He could be a sailing instructor on the ship. As far as I know he has not specified his main source of income.
He could be doing civilian military service that is 2 weeks refresh/drill exercises at high sea every 5 years (Yes, I did Navy Military Service)
He could be spending time with his family that has their own boat. It might be so much part of the local culture that basically "everyone" (70% of ppl in my greater neighborhood) owns a boat, cause they live by the sea and have been boat owners for generations. It is also common to borrow your family boat to go with your own close family (wife and kids) to many nearby locations where you either sleep in the boat itself or on rustic houses made out of wood with no electricity (as its the archipelago). Wind and sun is offered still free of charge in Europe, thus making this trip cheaper then going to Spain by RyainAir and staying at a 3 star hotel. Just for you to compare costs.

So to consider sailing as altogether high-end is just ignorant accusation.

3) Why wouldn't he be able to remove himself from the daily activity at this point? He has stated he is not a communication person and that he does not have the programming skills needed for "hacking the code". The persons with that knowledge are working on the new wallet and the POS feature. They have reported great success and are on final polishing mode to address smaller (but still relevant) problems (as staking 30k DMD). He is not needed in that phase thus making it ideal situation to have a breather and change of scenery.


The fact is that they, the Dev team, have a clear idea of where they want to take this. They have setup goals and are crossing them off as they go.
We know that POS is collecting coin-age at this point that will be usable in the close future.
We know there will be a new wallet released soon.
We know DMD is the only coin that have forked from Scrypt into Groestl algo.
We know there will be a hard-fork to address some structural changes.
We know that Groestl is the most energy efficient algo out there today.

4) What money? Since the blocks stopped at 386228 (exactly 1 month ago) there has been 37719 new blocks (until just right now) at a 5% foundation fee it will total to 1885 DMD (until just right now). Lets assume an average sell price of 0.00075000 (which is high, since the exchange rate has been lower than that half of the time) that makes up 1.4 Bitcoins that has to firstly cover any expenses the foundation has (web-hosting, electricity, hardware etc) and then go to salary and then the rest to "Cryptonits high-end vacation".



HR, you accusations are totally wild and not backed by any evidence or information. Though the effect that you cause throwing these accusations around will harm the coin tremedously as not everyone has the time, dedication or interest to dig into the facts. Its enough they see the accusations and they move on to the next coin. I know you are a smart person, you have already proved that in the past. Which makes me think that you are bashing the coin to buy in at low prices. Which would be dirty tricks if correct.

I do agree that information sometimes is scarce but not to the point where people should panic. The Devs are working on the solution and it is moving forward. Though things need to be done at the right time and mainly in the right order. First release the new wallet, then comparison sites (coinwarz etc), Coin marketing (website, blogs, cryptocoinnews) and then new exchanges as demand grow.



This is all compiled information from this thread. I do not have any inside information nor know any of the dev team.
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May 29, 2014, 01:49:21 PM
 #1132


@EMC

ROFL


ps. nothing personal - i know you meant well - but it is what it is - let's just leave it at that - cheers
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May 29, 2014, 02:22:34 PM
 #1133

@EMC
ROFL
ps. nothing personal - i know you meant well - but it is what it is - let's just leave it at that - cheers

I find your trolling post disturbing, unhelpful and harming. If you have nothing to contribute of value please go somewhere else and troll there.

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May 29, 2014, 04:38:34 PM
 #1134

HR,

You are not doing your cause a service, with the absurd statements you make.

First, the Diamond foundation contributions, which are by the way not 5% of the miner's earnings, but separate 0.05 mined in each block, are public. You should be aware, that everything in the Diamond block chain is public. All transactions going into and out of the Foundation wallet are visible. That wallet is being also filled by voluntary contributions from before the fork.
If you have forgotten the address, here it is for you to inspect: dZi9hpA5nBC6tSAbPSsiMjb6HeQTprcWHz
One would expect you verified your facts, right?

The attempt you made to construct an suggestion that I refuse any non-technical contribution to Diamond is also very absurd. First, I never asked for any technical help in this forum --  I always contact members of the crypto coin technical community directly to discuss various deficiencies in the Diamond code that were identified. All questions I ask here are non-technical in nature and relate more to the need to help us understand better what people expect from Diamond. If you are under the impression that I am one of those 'dev' guys, you could not be farther from the truth...

ECM is correct. We are mostly done with fixing the wallet. We have not changed code in the past few days, but some tests are not as fast as we would like (due to other remnants in the code, or due to specifics of the protocol) -- such as downloading and verifying the whole block chain, old and new, from scratch, running a test pool to verify things won't break, compiling the client on various platforms and verify it works on all.

The only serious problem we have with Diamond at the moment is that PoS does not work. Everything else is working properly in the current wallet (even if supported by sone kludges in the code) -- solo mining works, pool mining works, transfers work, coins accumulate coin age properly, etc. I understand PoS being non functional is a frustration for everyone (that includes me, and I am sure cryptonit too), but as far as I am concerned this is already resolved in the new wallet. So I am personally not worried for my DMD coins. When they stake, they will earn me as much new DMD, as if the fixed wallet was released a month ago.
We need to be fair here, the stuck block chain forced the release of code that was not well tested and that unfortunately did not account for the bad data already in the block chain (which would have required at least two full days of additional testing to find out!). The guy that did the patching to switch to Groestl did an amazing job nonetheless.

As for having only one pool, that is not true. There are already several pools mining Diamond. I have published all the information required to run a mining pool for Diamond with both pushpool and stratum. Something, by the way, which hasn't happened before -- for some reason pool operators and software "devs" believe they can keep it in secret and profit from that -- a silly idea, really. I even went ahead to patch sph-sgminer to implement stratum properly, patch NOMP to implement stratum properly etc. You can't sanely expect me to fix everyone's software around. Nevertheless, I am in contact with popular miner software authors to help them too -- thing is, those guys are popping up everywhere like mushrooms -- and I am not yet cloned ;-)

BTC: 15cJkRupKAkGr6sTxj1Uzb6uHbvuRyK1GL
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May 29, 2014, 06:33:38 PM
 #1135

I'd like to be of some help. danbi, could you please contact me?
Regards,


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May 29, 2014, 07:08:14 PM
 #1136

where can I downloaded the updated wallet. I downloaded it from the official web page. is it up to date? I use the same nodes as before but now it wont sync. so I don't know if the stake works yet.

Donate if you like he-man Wink

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May 29, 2014, 07:37:11 PM
 #1137

where can I downloaded the updated wallet. I downloaded it from the official web page. is it up to date? I use the same nodes as before but now it wont sync. so I don't know if the stake works yet.

The newest client can be downloaded from the first post; all links are there.

The 'official' website has been abandoned by one of our supporters together with the credentials so we cannot make any updates. The new one will be available in days or together with the new client.
We know how much confusion it has caused and we're working on addressing it.

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May 29, 2014, 09:53:38 PM
 #1138

HR,

You are not doing your cause a service, with the absurd statements you make.

If you think calling the absurd, absurd, that's your prorogative. (And you say that after I respectfully address all your questions and doubts? With no mention to any of that?)

First, the Diamond foundation contributions, which are by the way not 5% of the miner's earnings, but separate 0.05 mined in each block, are public. You should be aware, that everything in the Diamond block chain is public. All transactions going into and out of the Foundation wallet are visible. That wallet is being also filled by voluntary contributions from before the fork.
If you have forgotten the address, here it is for you to inspect: dZi9hpA5nBC6tSAbPSsiMjb6HeQTprcWHz
One would expect you verified your facts, right?

Who in the world has talked about the foundation? You are really showing your lack of reading comprehension with this sort of comment.

The attempt you made to construct an suggestion that I refuse any non-technical contribution to Diamond is also very absurd. First, I never asked for any technical help in this forum --  I always contact members of the crypto coin technical community directly to discuss various deficiencies in the Diamond code that were identified. All questions I ask here are non-technical in nature and relate more to the need to help us understand better what people expect from Diamond. If you are under the impression that I am one of those 'dev' guys, you could not be farther from the truth...

So you just have no clue? Or is there something else that causes you to say that I "could contribute something"?


ECM is correct. We are mostly done with fixing the wallet. We have not changed code in the past few days, but some tests are not as fast as we would like (due to other remnants in the code, or due to specifics of the protocol) -- such as downloading and verifying the whole block chain, old and new, from scratch, running a test pool to verify things won't break, compiling the client on various platforms and verify it works on all.

Of course, everything ECM said was "all compiled information from this thread".   Roll Eyes


The only serious problem we have with Diamond at the moment is that PoS does not work. Everything else is working properly in the current wallet (even if supported by sone kludges in the code) -- solo mining works, pool mining works, transfers work, coins accumulate coin age properly, etc. I understand PoS being non functional is a frustration for everyone (that includes me, and I am sure cryptonit too), but as far as I am concerned this is already resolved in the new wallet. So I am personally not worried for my DMD coins. When they stake, they will earn me as much new DMD, as if the fixed wallet was released a month ago.

As if that is practically nothing. (And good luck with PoS.)


We need to be fair here, the stuck block chain forced the release of code that was not well tested and that unfortunately did not account for the bad data already in the block chain (which would have required at least two full days of additional testing to find out!). The guy that did the patching to switch to Groestl did an amazing job nonetheless.

Which we found out about from you.


As for having only one pool, that is not true. There are already several pools mining Diamond. I have published all the information required to run a mining pool for Diamond with both pushpool and stratum. Something, by the way, which hasn't happened before -- for some reason pool operators and software "devs" believe they can keep it in secret and profit from that -- a silly idea, really. I even went ahead to patch sph-sgminer to implement stratum properly, patch NOMP to implement stratum properly etc. You can't sanely expect me to fix everyone's software around. Nevertheless, I am in contact with popular miner software authors to help them too -- thing is, those guys are popping up everywhere like mushrooms -- and I am not yet cloned ;-)

Show me another pool with a hashrate. Go to the OP and click the links and learn something. Your pool is the only "functional" pool (currently at 100% of the network hashrate - now that's the sign of a healthy coin, and certainly the best indication that it's time to go on vacation).


Popshot is right about one thing. At this point this is nothing but an internet pissing match, and I don't go there. I thought that by suggesting to ECM that we "leave it at that" would be indirect enough, and when followed by "cheers" . . . but I guess I need to be more direct:

Goodbye, and best of luck (and I truly mean that).


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May 29, 2014, 10:11:03 PM
 #1139

@EMC
ROFL
ps. nothing personal - i know you meant well - but it is what it is - let's just leave it at that - cheers

I find your trolling post disturbing, unhelpful and harming. If you have nothing to contribute of value please go somewhere else and troll there.



popshot, I've found everything you guys have done for the last 3 weeks "disturbing, unhelpful and harming", so I guess we're even.  Wink

Are you really going to seriously suggest that I (and the MANY other contributors with similar opinions and inputs) are the cause of the DMD debacle? Are you really thinking that will go over any better than a led balloon?

Anyone who reverts to calling someone like me who has made considerable, serious, and well thought out contributions a troll is, well, sorry pal, but serious folks know better and will see right through that. That's a lightweight cop-out deserving of its author.

As I just said just above this post, goodbye.

And if you're convinced I'm a troll, I challenge you to leave everything I've written intact here on this thread (that is to say: I challenge you to not delete any more of my posts), unless, you are afraid that people see this "troll's" comments. If I'm just a troll, then these comments should prove you right.  Cool

Going to blame trolls for DMD losing 2/3rds of its value in two weeks?

Right.


Add: seeing that you've already deleted 3 key posts of mine regarding this most recent issue, you might as well continue . . . and you'll need to deleted the posts made by others quoting me as well. LOL

Who's the troll?


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May 29, 2014, 11:46:08 PM
 #1140

Goodbye, and best of luck (and I truly mean that).

Thank you, best of luck to you too.


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