[ANN] ¤ DMD Diamond 3.0 | Scarce ¤ Valuable ¤ Secure | PoS 3.0 | Masternodes 65%

[DIGITAL-DEMON]

mayve 3 round of 4 3 3 addresses and each round run for 3 weeks
this way the first round still end before xmas if someone wants to buy a legendary10 as xmas present

adding and each change of legendary10 addresses requires a mandatory wallet update so we have to do this in one step for all 10


Using 'rounds' like that is quite a good idea; perhaps 4 rounds of 3/2/2/3 though?? 
Having round 1 ending before xmas is also good, for those who really want a special xmas present.

I understand the need for a wallet update, but surely one update for all 10 can be done now, and this won't in any way interfere with multiple auctions?

[1715233159]

1715233159

[1715233159]

1715233159

[BogdanCo]

@cryptonit:

"max coin capacity 3000 DMD able to stake without time limit at x2 boost of actual network stakerate"

Hi cryptonit.  Does the 'without time limit' mean that the x2 boost will never expire?  Thanks!

Also a question from my side for cryptonit: let say i buy a legendary and will deposit 3000 DMD in it. It starts to stake... At one point I will have let's say 3500 DMD in it. All this 3500 will stake at x2 network rate, or only 3000 DMD will still stake at x2?

Thanks also!

[cryptonit]

mayve 3 round of 4 3 3 addresses and each round run for 3 weeks
this way the first round still end before xmas if someone wants to buy a legendary10 as xmas present

adding and each change of legendary10 addresses requires a mandatory wallet update so we have to do this in one step for all 10


Using 'rounds' like that is quite a good idea; perhaps 4 rounds of 3/2/2/3 though?? 
Having round 1 ending before xmas is also good, for those who really want a special xmas present.

I understand the need for a wallet update, but surely one update for all 10 can be done now, and this won't in any way interfere with multiple auctions?

no its not working this way the 10 addresses are generated by the winner of bid this way he can be sure he alone is the only guy who have the private key

so we can only integrate them into wallet once all 10 auctions are finished

[cryptonit]

@cryptonit:

"max coin capacity 3000 DMD able to stake without time limit at x2 boost of actual network stakerate"

Hi cryptonit.  Does the 'without time limit' mean that the x2 boost will never expire?  Thanks!

Also a question from my side for cryptonit: let say i buy a legendary and will deposit 3000 DMD in it. It starts to stake... At one point I will have let's say 3500 DMD in it. All this 3500 will stake at x2 network rate, or only 3000 DMD will still stake at x2?

Thanks also!

answer cartgeezer:
2x network stake rate forever yes

answer bogdanco:

max coin capacity means 3000/15000 (deepens on type u choose)
we will implement a ability that stake rewards get placed into another configureable target address
this way the legendary10 address will never grow over its limit on its own

if u place to many coins in it it wont stake at all

one wallet can have multiple addresses in it the max 3000 coins limit affect only the increased stakerate address not the wallet

[hetecon]

I have heard quite a lot about DMD. Does it have any difference in code from the Peercoins code?

[cryptonit]

@cryptonit - Do I understand correctly that the names are being chosen automatically?  Is that how this is being done?  Or do we get to choose the name we want to put into the blockchain?  I am confused on this part.

there will be 10 legendary diamond names of human history
u can choose for which one u bid
when u win the bid u can link ur desired name and ur desired address to this legendary10 diamond

example:

diamond name (u know the name when u bid for it):
The Heart of Eternity
desired name/text choosen by winner of bid:
for my wife julia - in love romeo
choosen address for improved stakerate (choosen by winner of bid):
dJGGKJ1233r987lkjhkkgkhgjzgmklljh

[shveicar]

I have heard quite a lot about DMD. Does it have any difference in code from the Peercoins code?

Of course have.
The Diamond using a Groestl algorithm and other remuneration.
You don't moved manually all the coins in the wallet for preventing reduction of the award of dust.
Wallet does this automatically.
After a while all the coins themselves are grouped together, and you get a permanent 50% POS annual income.

[cryptonit]

I have heard quite a lot about DMD. Does it have any difference in code from the Peercoins code?

DMD Diamond have a 2 1/2 year long history and is one of the oldest coins

diamond code include parts of bitcoin peercoin novacoin groestlcoin
and own written code merged together in a unique way

DMD Diamond code is not a clone of a single coin
its a selection of well selected features and own improvements
(example perfect adjusted selfadjusting POS with zero userside micromanagement needed)
with some unique parts

example our coin rollout triggers by total existing coins is unique
this way we are from all POS coins the coin with the most predictable coinrollout speed
and  we where able create a 30 years coin rollout plan with constant decreasing inflation

we where the fist coin establish a cloudmining project that create buy pressure on own coin

we where the first coin that created a POS network protection wallet (biggest wallet in network)
that with its staking support DMD CLoudmining and its buy pressure

we added a multipool that allow nearly any asic and gpu algorithm to be used to earn  DMD

we will in 2016 be one of the coins that give his holder access to bitcoin 2.0 abilities
we will be strong linked to a webwallet webstaking crypto shoping solution in 2016

we will be the first coin that create a few unique assets for the gather of really unique stuff

i see a bright future for DMD

lucky who is part of this story

but who did miss the chance to join in  found us just in time
because the price now is still very cheap and fit into category early adopter bargain

[bhokor]

Nice coin with nice devs and nice comunity, i am quite sure Diamond will go up, is really nice to see working projects in crypto world not linked to scam

[hetecon]

I have heard quite a lot about DMD. Does it have any difference in code from the Peercoins code?

DMD Diamond have a 2 1/2 year long history and is one of the oldest coins

diamond code include parts of bitcoin peercoin novacoin groestlcoin
and own written code merged together in a unique way

DMD Diamond code is not a clone of a single coin
its a selection of well selected features and own improvements
(example perfect adjusted selfadjusting POS with zero userside micromanagement needed)
with some unique parts

example our coin rollout triggers by total existing coins is unique
this way we are from all POS coins the coin with the most predictable coinrollout speed
and  we where able create a 30 years coin rollout plan with constant decreasing inflation

we where the fist coin establish a cloudmining project that create buy pressure on own coin

we where the first coin that created a POS network protection wallet (biggest wallet in network)
that with its staking support DMD CLoudmining and its buy pressure

we added a multipool that allow nearly any asic and gpu algorithm to be used to earn  DMD

we will in 2016 be one of the coins that give his holder access to bitcoin 2.0 abilities
we will be strong linked to a webwallet webstaking crypto shoping solution in 2016

we will be the first coin that create a few unique assets for the gather of really unique stuff

i see a bright future for DMD

lucky who is part of this story

but who did miss the chance to join in  found us just in time
because the price now is still very cheap and fit into category early adopter bargain

Very interesting information. Maybe I can look into the source code.

[cryptonit]

Very interesting information. Maybe I can look into the source code.

its called "open" source code

so you are welcome

[DMDCreeper]

Cryptsy wallets are back online

server migration for http://multipool.bit.diamonds/ finished

there will be another delay with payouts but this time reason is cryptsy



good news is we added a new feature u can no not only send BTC to get them converted towards DMD
u can send from any shapeshift enabled coin via shifty button

Cryptsy is down for me.  Maybe the wallets are up but the site is down for a while now.

[temp89]

Cryptsy is down for me.  Maybe the wallets are up but the site is down for a while now.

According to https://twitter.com/cryptsy:

Website offline due to denial of service attack. We are working to mitigate.

[temp89]

Cryptsy is online but no open sell orders for DMD .

[Buy$Polar]

Cryptsy is online but no open sell orders for DMD .

Still some on Ripple market, for the moment.
https://www.cryptsy.com/markets/view/DMD_XRP

Cryptopia
https://www.cryptopia.co.nz/Exchange?market=DMD_BTC

Bittrex.
https://bittrex.com/Market/Index?MarketName=BTC-DMD

[crazyivan]

Cryptsy is online but no open sell orders for DMD .

Probably some Cryptsy glitch, they ve been having some problems during the last few days. Let s wait for a couple of hours before we contact their support.

[cryptonit]

we been loyal to our first and biggest exchange for a long time
but i have to say that if i compare the density of issues with other exchanges
their quality is decreasing a lot last few months

for now i have to say once again

DMD Multipool and DMD Cloudmining payouts are delayed until cryptsy fix their trading issues

any mining done on multipool is not affected and no miningtime is lost u can keep mining

[turdminer]

might be time to start considering switching everything over to bittrex in regards to multipool/cloudmining. their problems are only getting worse, not better, and they continue to play games with people's coins (like my own). not crediting deposits, withdrawal issues, supposed DDOS attacks, and apparently no one at the helm support wise (besides automated responses to tickets). loyalty is one thing, i respect that, but id hate to see fellow DMD holders lose even a single coin during cryptsy's meltdown.

[cryptonit]

cryptsy is working again

[cryptonit]

might be time to start considering switching everything over to bittrex in regards to multipool/cloudmining. their problems are only getting worse, not better, and they continue to play games with people's coins (like my own). not crediting deposits, withdrawal issues, supposed DDOS attacks, and apparently no one at the helm support wise (besides automated responses to tickets). loyalty is one thing, i respect that, but id hate to see fellow DMD holders lose even a single coin during cryptsy's meltdown.

we keep watching the situation

but its not just DMD Multipool and DMD Cloudmining its other users too who make cryptsy the nr1 DMD exchange

i would say we consider a switch for DMD Multipool and DMD Cloudmining to use another exchange

if another exchange become the nr1 volume exchange constant over a few weeks

this way the voting is on userside

u trade where u want us to have the primary exchange and there is a high chance we will follow ur voting