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Author Topic: [ANN] ¤ DMD Diamond 3.0 | Scarce ¤ Valuable ¤ Secure | PoS 3.0 | Masternodes 65%  (Read 1178653 times)
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HR
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May 30, 2014, 06:53:59 AM
 #1141

Thank you . . .


Either You Delete Them All, or You Leave Them All
**You Can't Pick And Choose**

(or haven't you learned that yet?)

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Quote
and we are world first coin that uses totalcoin to be able trigger the coin stages dynamical depend on the minting behavior of stakeholder
if less people mint and more coin-age be burned at transactions dynamical the high reward POS stage stay active longer
because we not trigger ad a defined block and choose instead a totalcoin ammount as trigger
Could you please elaborate and further explain what you are saying here?
Please bear with us as we bear with you.

trigger:
activate a change in coin rules

example:
Quote
most coins use triggers like

block 1-1000 = 1000 pow reward
block 1000-10000= 500 pow reward

or

first year = 20% pos reward
second year = 15% pos reward


in the case of diamond coin rollout we have a phase with high POW rewards and high POS rewards (1.05 dmd each POW block AND 50% POS (per anno))

our goal is longterm to have a coinrollout running 30+ years so it is important that our triggers who reduce POW rewards and POS rewards kick in at a special totalcoin amount

and u cant just make a excel list check how much coins exist each month and add the 50% POS (divided trought 12)
and by this estimate how the amount of total coins increase. every atempt to estimate now at which block we will reach 1500000 coins will fail

why?

because people can never mint all the theoretical coin-age
each transaction destroy coin-age which will be lost for POS rewards
and there might be some people who never go into mint mode.....
(lost wallets (computer broke and no backup of wallet.dat as example) lost passwords and so on)

so we invented the totalcoin amount trigger which will change the behavior of all wallets once totalcoins reach a trigger value
(console getinfo money supply = total coins)

this way no matter if a lot people POS their coins or a lot coin-age is destroyed and not minted into POS rewards our coin rollout speed is not affected

if less people mint the high POW rewards phase stay active longer and the total coins rollout speed stay around the same.

try calculate some of the mushroom like appearing coins and their features
u will find out lot of them stop to work in months or even weeks because POW and POS phase is over......
and a coin where no new blocks are generated is stuck..... no new block=no transactions working

diamond is having endless hybrid POW/POS network security and block generation
diamond is designed to be at least 30 years working without design changes needed
and we have lot of time to implement early enought a moneysink to make it a endless running system

shortterm people complain about not big rewards in a few weeks maybe
longterm people will complain about dev-less coins broken coins misdesigned coin-features

diamond is all about longterm and avoid all that traps


im sorry if to be able explain u the reason behind the coin design desicions maybe give reason for another questions

but i will try my best to answer follow up questions

regarding the diamond coin spec design i am the expert and i am able answer every question

they where the basic requirements for our coders

im not a coder myself and that isnt required
to design coin features and coin behavior

henry ford said:


i estimate if we would have asked people what they want the answer would be similar

"we want diamonds with more value"

what we did was to implement features that give your diamonds more value
each diamond u mine or buy now will reproduce itself in the hot coin rollout phase
at least once so basical every dmd now count for at least two DMD longterm


I duly complimented you on that post:


im sorry if to be able explain u the reason behind the coin design desicions maybe give reason for another questions

but i will try my best to answer follow up questions

regarding the diamond coin spec design i am the expert and i am able answer every question



A quite well written, very understandable and informative post deserving of an expert.

I'm very much looking forward to follow-up questions.  Wink

. . . and learning more, of course.   Cool




And now, instead of professional follow-ups, we're back to this:

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)



Will the real cryptonit please stand up?





"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?





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Quote

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"?




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Quote

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 your eyes.





And my "Goodbye" still stands, but it's not a half-assed, half-baked goodbye: it's a goodbye either with all my posts remaining, or none of them - and that means quotes - so you make the decision and get that delete finger going or leave them all. Keep in mind that there is always the possibility to start an independent thread, titled "DMD, Everything You Shouldn't Do", or "DMD, How To Kill A Coin", for example.

Grow up. Take your hits like a man, and leave it at this. (I think I'm being more than fair with you.)

Remember, you either leave them all, or your delete them all.

One way or another, this one you will get right.




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May 30, 2014, 07:05:36 AM
 #1142

HR are you done now?


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May 30, 2014, 07:44:00 AM
 #1143

So you HR, still suggest the Diamond Foundation should support the price of Diamond by "buying" it with the foundation contributions? How would that work in your imagination? The Foundation actually has some (not much) DMD. They buy DMD with DMD on Cryptsy and drive the price up, or what?

I am certainly not a finances expert, but you claim to be. So please enlighten us!

BTC: 15cJkRupKAkGr6sTxj1Uzb6uHbvuRyK1GL
DMD: dJZEqNcjiUiMMd8DKBFS9oMWtArAD2GCHr
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May 30, 2014, 03:05:20 PM
 #1144

It is possible that Community Diamond now very few participants. Moved too slowly work. In this situation, work must be carried out in different directions - new site, improving and promotion coin, wallet for mass acceptance, quality network blocks explorer .. Maybe you need to consider the option of increasing the staff, and to attract new investors to his team..
When people see that the project Diamond is actively developing, then the price will go up.

Diamond The best investment in your future! ✧ it's 35% POS and 65% Msternode ✧
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May 30, 2014, 04:31:38 PM
 #1145


 
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So, why exactly are you spamming in threads of IPO only coins and coins whose algo your pool does not support?

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BrianB
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May 30, 2014, 08:30:34 PM
 #1146


Where can i get the diamond kernel miner?  sph-sgminer doesn't seem to have it and groestl doesn't seem to work :/ 

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May 30, 2014, 10:00:45 PM
 #1147


Where can i get the diamond kernel miner?  sph-sgminer doesn't seem to have it and groestl doesn't seem to work :/ 

Try updating your sph-sgminer. I had a slightly out of date version but was still mining DMD on it.

https://bitcointalk.org/index.php?topic=475795
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May 31, 2014, 12:01:13 AM
 #1148


Where can i get the diamond kernel miner?  sph-sgminer doesn't seem to have it and groestl doesn't seem to work :/ 

Try updating your sph-sgminer. I had a slightly out of date version but was still mining DMD on it.

https://bitcointalk.org/index.php?topic=475795

I downloaded that again, but it doesn't have the "diamond" kernel in it Sad 

When it solves a block, I'm finding this in my wallet debug.log

Code:
05/30/14 21:16:15 ThreadRPCServer method=submitblock
05/30/14 21:16:15 pindexBest = 411073pindexBest = 411073ERROR: CheckBlock() : hashMerkleRoot mismatch
05/30/14 21:16:15 ERROR: ProcessBlock() : CheckBlock FAILED


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May 31, 2014, 12:22:23 AM
 #1149


Where can i get the diamond kernel miner?  sph-sgminer doesn't seem to have it and groestl doesn't seem to work :/  

Try updating your sph-sgminer. I had a slightly out of date version but was still mining DMD on it.

https://bitcointalk.org/index.php?topic=475795

I downloaded that again, but it doesn't have the "diamond" kernel in it Sad  

When it solves a block, I'm finding this in my wallet debug.log

Code:
05/30/14 21:16:15 ThreadRPCServer method=submitblock
05/30/14 21:16:15 pindexBest = 411073pindexBest = 411073ERROR: CheckBlock() : hashMerkleRoot mismatch
05/30/14 21:16:15 ERROR: ProcessBlock() : CheckBlock FAILED


When you run sph-sgminer you need to specify the kernel as "groestlcoin". That should work unless something has changed with the coin since I last mined it a couple weeks back.

Waiting for wallet to sync up now so I can confirm it for you...

EDIT: Still works. Just picked off another solo block  Grin
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May 31, 2014, 06:05:56 AM
 #1150


Where can i get the diamond kernel miner?  sph-sgminer doesn't seem to have it and groestl doesn't seem to work :/  

Try updating your sph-sgminer. I had a slightly out of date version but was still mining DMD on it.

https://bitcointalk.org/index.php?topic=475795

I downloaded that again, but it doesn't have the "diamond" kernel in it Sad  

When it solves a block, I'm finding this in my wallet debug.log

Code:
05/30/14 21:16:15 ThreadRPCServer method=submitblock
05/30/14 21:16:15 pindexBest = 411073pindexBest = 411073ERROR: CheckBlock() : hashMerkleRoot mismatch
05/30/14 21:16:15 ERROR: ProcessBlock() : CheckBlock FAILED


When you run sph-sgminer you need to specify the kernel as "groestlcoin". That should work unless something has changed with the coin since I last mined it a couple weeks back.

Waiting for wallet to sync up now so I can confirm it for you...

EDIT: Still works. Just picked off another solo block  Grin


Yes I can solo that way, but pool mining doesn't seem to work at all.  In previous posts, there are reports of a "diamond" kernel fixing things.   I believe this is the source, just need a windows binary :/   https://github.com/danbi/sph-sgminer

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May 31, 2014, 07:56:30 AM
 #1151


Where can i get the diamond kernel miner?  sph-sgminer doesn't seem to have it and groestl doesn't seem to work :/  

Try updating your sph-sgminer. I had a slightly out of date version but was still mining DMD on it.

https://bitcointalk.org/index.php?topic=475795

I downloaded that again, but it doesn't have the "diamond" kernel in it Sad  

When it solves a block, I'm finding this in my wallet debug.log

Code:
05/30/14 21:16:15 ThreadRPCServer method=submitblock
05/30/14 21:16:15 pindexBest = 411073pindexBest = 411073ERROR: CheckBlock() : hashMerkleRoot mismatch
05/30/14 21:16:15 ERROR: ProcessBlock() : CheckBlock FAILED


When you run sph-sgminer you need to specify the kernel as "groestlcoin". That should work unless something has changed with the coin since I last mined it a couple weeks back.

Waiting for wallet to sync up now so I can confirm it for you...

EDIT: Still works. Just picked off another solo block  Grin


Yes I can solo that way, but pool mining doesn't seem to work at all.  In previous posts, there are reports of a "diamond" kernel fixing things.   I believe this is the source, just need a windows binary :/   https://github.com/danbi/sph-sgminer

You are correct. I didn't realize you were trying to mine in a pool. I went solo for about two weeks straight and that worked out well but it's no longer profitable for me with the current difficulty and market price.

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May 31, 2014, 02:46:50 PM
 #1152

What's happening with the POS update is it coming? Any updates on that.

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May 31, 2014, 04:21:51 PM
 #1153

What's happening with the POS update is it coming? Any updates on that.

Yes it is coming, as was mentioned before we are in the debugging mode. We are testing all the scenarios and whenever crash happens we find the root cause and fix it. The progress we're making is rapid and we sorted out many underlying paradoxes that existed in the code. This is making Diamond not just another copy coin, but actually an improved version. Proof of Stake works (and stakes), we are testing it on the forked main chain so we are sure it's compatible with the old database (ensuring gathered coin age is preserved).

You have to understand us, that after the latest rush release (which was a flop) we are putting stability as number one priority, all the rest comes later.

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May 31, 2014, 08:44:32 PM
 #1154

What's happening with the POS update is it coming? Any updates on that.

Yes it is coming, as was mentioned before we are in the debugging mode. We are testing all the scenarios and whenever crash happens we find the root cause and fix it. The progress we're making is rapid and we sorted out many underlying paradoxes that existed in the code. This is making Diamond not just another copy coin, but actually an improved version. Proof of Stake works (and stakes), we are testing it on the forked main chain so we are sure it's compatible with the old database (ensuring gathered coin age is preserved).

You have to understand us, that after the latest rush release (which was a flop) we are putting stability as number one priority, all the rest comes later.
Do you need some to beta test it as well. I understand that you need to be sure that there isn't any possible problem but we all know something always happens. Just keep us updated.

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May 31, 2014, 10:27:28 PM
 #1155

What's happening with the POS update is it coming? Any updates on that.

Yes it is coming, as was mentioned before we are in the debugging mode. We are testing all the scenarios and whenever crash happens we find the root cause and fix it. The progress we're making is rapid and we sorted out many underlying paradoxes that existed in the code. This is making Diamond not just another copy coin, but actually an improved version. Proof of Stake works (and stakes), we are testing it on the forked main chain so we are sure it's compatible with the old database (ensuring gathered coin age is preserved).

You have to understand us, that after the latest rush release (which was a flop) we are putting stability as number one priority, all the rest comes later.
Do you need some to beta test it as well. I understand that you need to be sure that there isn't any possible problem but we all know something always happens. Just keep us updated.

Of course it's impossible to debug any software 100% especially the one of such complexity. We would be aiming at making it very robust, so we wouldn't have to change anything significant for as long as it is possible.
Client functionality for an 'ordinary' user has been already tested positively; what we concentrate now are things that would affect minority of users (i.e long term serious miners). We can test these on our Foundation wallet with thousands of micro transactions.
The client will be released once we are sure it is ready.
The next step will be definitely contacting Cryptsy and giving them a lot of time to test the software (and this time GitHub will be properly used and appropriately commented so it is transparent to anyone what changes have been made), to avoid any trade freeze. Mining pools and then 'ordinary' users will follow suit.
All of that is going to happen sooner then later.

P.S. I've updated the first post with Download links to Sourceforge for those who cannot use Mega.

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May 31, 2014, 10:49:33 PM
 #1156


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


Can I have your DMD if you're no longer needing them? dRFU4RMoVuNaLegTLDcf3vL6LzvaRnKaYe Many thanks,

READY FOR A TREE CHANGE? Only $179,000 (AU$) for a 13.06 hectare (32 acres) fully timbered, secluded block in South-East Qld. Various house sites, predominantly north facing, halfway between Gympie & Tin Can Bay, 10 mins drive to local primary school https://www.facebook.com/nevkanerealestate/posts/1583146505116067

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shveicar
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May 31, 2014, 10:58:46 PM
 #1157

Of course it's impossible to debug any software 100% especially the one of such complexity. We would be aiming at making it very robust, so we wouldn't have to change anything significant for as long as it is possible.
Client functionality for an 'ordinary' user has been already tested positively; what we concentrate now are things that would affect minority of users (i.e long term serious miners). We can test these on our Foundation wallet with thousands of micro transactions.
The client will be released once we are sure it is ready.
The next step will be definitely contacting Cryptsy and giving them a lot of time to test the software (and this time GitHub will be properly used and appropriately commented so it is transparent to anyone what changes have been made), to avoid any trade freeze. Mining pools and then 'ordinary' users will follow suit.
All of that is going to happen sooner then later.

P.S. I've updated the first post with Download links to Sourceforge for those who cannot use Mega.
Work quietly, the main thing that the update is delayed for months. Coin with the Diamond name should correspond to its name.

Diamond The best investment in your future! ✧ it's 35% POS and 65% Msternode ✧
danbi
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June 01, 2014, 08:16:46 PM
 #1158

Yes I can solo that way, but pool mining doesn't seem to work at all.  In previous posts, there are reports of a "diamond" kernel fixing things.   I believe this is the source, just need a windows binary :/   https://github.com/danbi/sph-sgminer

Unfortunately, the author has abandoned sph-sgminer, this is why he did not integrated my Diamond kernel modifications back. Hopefully, someone will take over that project. There was a post earlier in this thread with link to Windows binary with diamond kernel.

In any case, hope to have soon an "official" build for Windows, too.

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danbi
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June 01, 2014, 08:17:40 PM
 #1159

Of course it's impossible to debug any software 100% especially the one of such complexity. We would be aiming at making it very robust, so we wouldn't have to change anything significant for as long as it is possible.
Client functionality for an 'ordinary' user has been already tested positively; what we concentrate now are things that would affect minority of users (i.e long term serious miners). We can test these on our Foundation wallet with thousands of micro transactions.
The client will be released once we are sure it is ready.
The next step will be definitely contacting Cryptsy and giving them a lot of time to test the software (and this time GitHub will be properly used and appropriately commented so it is transparent to anyone what changes have been made), to avoid any trade freeze. Mining pools and then 'ordinary' users will follow suit.
All of that is going to happen sooner then later.

P.S. I've updated the first post with Download links to Sourceforge for those who cannot use Mega.
Work quietly, the main thing that the update is delayed for months. Coin with the Diamond name should correspond to its name.

It is about one month since Diamond has forked and started using Groestl. The new release is very near.

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danbi
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June 01, 2014, 08:23:56 PM
 #1160

What's happening with the POS update is it coming? Any updates on that.

Yes it is coming, as was mentioned before we are in the debugging mode. We are testing all the scenarios and whenever crash happens we find the root cause and fix it. The progress we're making is rapid and we sorted out many underlying paradoxes that existed in the code. This is making Diamond not just another copy coin, but actually an improved version. Proof of Stake works (and stakes), we are testing it on the forked main chain so we are sure it's compatible with the old database (ensuring gathered coin age is preserved).

You have to understand us, that after the latest rush release (which was a flop) we are putting stability as number one priority, all the rest comes later.
Do you need some to beta test it as well. I understand that you need to be sure that there isn't any possible problem but we all know something always happens. Just keep us updated.

I have considered a procedure to do a wider beta test. The main stumbling block is most users willing to test run on Windows and producing Windows binaries is usually very slow (considering the pace of changes). We have more or less identified and fixed the glaring bugs, and are now testing various network parameters. Unfortunately, most of these parameters require a fork, which in testing means we need to update all nodes participating in the test network at the same time, or they create many forks --- this is more or less the challenge we face for a wider test.

Anyway, if you think you could spend the time required for testing, you could contact me to discuss it.

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