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

[chilo]

At least 8 KB of memory are needed for groestl. Not using global ram doesn't equal register only. In my case I'm using part local ram and part memory cache. Same for hetpas.
With bitslice you can reduce memory usage further but not completely.
Still asic can be done if enough volume, which is not the case with DMD IMHO. And with the other coins of the same algo which are dead or almost dead it's even more so.

fact is if someone make a dmd groestl asic without ask us for permission we can easy change a bit in algo and all his chips are worthless

noone will risc that

Well that's not a guarantee though, it would require a hardfork to do, and then see which one would be supported by the community, there are various reasons having ASICs on the network can help. At the moment we have less than 1000 people holding most all the coins that have been created, so although not bad, its not great, and means there won't be much demand for usage, even if all 1000 of us wanted to use it as a currency right now.

ASICs can help with continuing to mine on the network with high hashrate, and if we are able to make the price worthwhile, by making it worth mining at 0.1 reward, it would mean the coin would be in good standing in regards to desirability, security and support. These ASICs then drop these coins on exchanges, creating liquidity and distribution.

I'm currently undecided on which direction would be best, but don't want to count ASICs out of the picture at this time, as there are still issues with the current POS system that need to be addressed, although granted the Diamond network has been very stable since its revival over a year ago, and although it has survived many various attacks on the network, I still wonder if its just a matter of time before it draws the attention of someone who can make the network look unsecure.

Either way, I'll continue to keep my jar of mined only DMDs, staking.

Hi That Guy,

I may have missed something,  but what exactly do you intend to do 'to make the price worthwhile, by making it worth mining at 0.1 reward' other than 'continue to keep my jar of mined only DMDs, staking'?
There are plenty of ways to support diamond, but the most important factors are the dev team, and buy pressure.

It would be nice to see some suggestions in support of moving DMD forward, or more support of current community activities.

Regards

chilo

[utahjohn]

Isn't the 8K ram just for look-up tables which can be done in read-only mem, I may be wrong but I think such a chip could be built cheaply if no ram or even worse would be a asic with flash-mem so upgradeable ... (Had a good long sleep today )

Looks like I triggered a good discussion anyway
U have to understand my concern, GPU is sizeable invest ($250 for 280x) and I want to keep DMD out of hands of cheap chinese hardware LOL.

[utahjohn]

@DMDcreeper
have a look VBE7 (google it) dunno if it will work on 290 but u can major OC card by reducing temps of mem.
I am running 1180E/150M on 280x with low volt mod also ...

[utahjohn]

Many thanks to realhet (AMD Dev team I think) for taking time to help with this kernel
Unfortunately he left due to a new job commitment and has not had time to further improve kernel ... there are still improvements can be made in kernel ...

[That Guy]

At least 8 KB of memory are needed for groestl. Not using global ram doesn't equal register only. In my case I'm using part local ram and part memory cache. Same for hetpas.
With bitslice you can reduce memory usage further but not completely.
Still asic can be done if enough volume, which is not the case with DMD IMHO. And with the other coins of the same algo which are dead or almost dead it's even more so.

fact is if someone make a dmd groestl asic without ask us for permission we can easy change a bit in algo and all his chips are worthless

noone will risc that

Well that's not a guarantee though, it would require a hardfork to do, and then see which one would be supported by the community, there are various reasons having ASICs on the network can help. At the moment we have less than 1000 people holding most all the coins that have been created, so although not bad, its not great, and means there won't be much demand for usage, even if all 1000 of us wanted to use it as a currency right now.

ASICs can help with continuing to mine on the network with high hashrate, and if we are able to make the price worthwhile, by making it worth mining at 0.1 reward, it would mean the coin would be in good standing in regards to desirability, security and support. These ASICs then drop these coins on exchanges, creating liquidity and distribution.

I'm currently undecided on which direction would be best, but don't want to count ASICs out of the picture at this time, as there are still issues with the current POS system that need to be addressed, although granted the Diamond network has been very stable since its revival over a year ago, and although it has survived many various attacks on the network, I still wonder if its just a matter of time before it draws the attention of someone who can make the network look unsecure.

Either way, I'll continue to keep my jar of mined only DMDs, staking.

Hi That Guy,

I may have missed something,  but what exactly do you intend to do 'to make the price worthwhile, by making it worth mining at 0.1 reward' other than 'continue to keep my jar of mined only DMDs, staking'?
There are plenty of ways to support diamond, but the most important factors are the dev team, and buy pressure.

It would be nice to see some suggestions in support of moving DMD forward, or more support of current community activities.

Regards

chilo

Hey Chilo,

There isn't much I can do at this time for the coin, I do have some ideas kicking around in my head on low cost, high impact PR type things, but don't think now would be the best time to put into action (as my main idea you could only try once), also the crypto market in general is at a low point and there really isn't that many people using crypto compared to a realistic potential. I agree a dev team and buy pressure is needed, and like what the dev team has done and how they have handled many things that have happened along the way, but these are all just parts that go into making a machine work.

I think distribution is crucial to any coin, although not always required, but at this time, do we know how and why DMD is going to be positioned a particular way? If DMD is to be used for everyday transactions, what sets it apart from the rest? there are other coins that are rare, have POS or have fast transfers or a nice name and good branding, although DMD is a nice overall package, but bitcoin can suit the needs of the average joe. If DMD is to be used as something to buy and hold (which can be done with bitcoin and other coins), then how can it do that better than the rest? especially without causing low liquidity resulting in a volatile and manipulated price.

But, you can't have any of this without proving the security (so good so far) is priceless.

I have a couple ideas that I have thought up about how to utilize blockchain technology within our company, and work in a position that I have contact fairly high up in, in the right areas of a large tech company, I even spoke to some this week about the blockchain. This company, these ideas and these crypto coins are not yet ready to come together, but when they are, I will then be able to speak about these ideas with hopefully bitcoin and crypto being widely accepted as viable technology to use. Why not choose bitcoin then? well bitcoin although great and am fully behind, I do not think that POW is a good long lasting solution, but is good to use while a coin grows (would like to see bitcoin change to something like it in about 8-10 years), so want to see where the various POS implementations go. The company I work for is also very green when it comes to environment and part of its image, so to keep that in line, it would be best to utilize a POS network over a power hungry POW one. So due to this, I'm not only watching DMD, but many other coins that I have acquired. I mined DMD at various times over the past 15-16 months, and just decided to keep them and see what the new dev team does.

My opinion (for what its worth) is that getting DMD secure, user friendly and accessible for if/when crypto really starts to take of is key, although obviously you do need places to spend or transfer them to. I think some of the security concerns could be addressed by looking at what say, Blackcoin has done in regards to POS2 and coin age. Another potential option for growth could be looking at collaborating with CIYAM on these forums that is working on a Turing complete solution that can be implemented into coins that can then be used to build a decentralized exchange, I believe at this time he's looking at using Qora and Burst as a test set.

Just some food for thought, not trying to steer anybody or anything in any direction.

[utahjohn]

Best I've seen so far 0.5 GHs
diamondcoin
Algo    Workers    Valid Shares    Invalid Shares    Total Blocks    Pending    Confirmed    Orphaned    Hashrate
groestl    6    2027107    7723    1235    10    1171    54    501.83 MH
Workers: click the + to highlight your worker address.
Address    Pending    Shares / Invalid    Efficiency    Hashrate
dLg1Hd7dWhjf3rdbCaEuZ2jeC6Eg5ybaqW  +    1.36785298    2025 / 0    100%    113.25 MH
dHdG4Qpbh86VzPNpA1DEQD3xUe4AguTBDi  +    0    4261 / 14    99.66%    238.34 MH
dE1xgAEwfA3BsxEpXSBTrqiYbrEUyZwwKg  +    1.28896423    490 / 10    98%    27.40 MH
dMPQXLAaQFZXPjLoaEpJNRKg63CkfU32kg  +    0.60214949    1251 / 0    100%    70.00 MH
dMY5iD6bL2ToEFPhkq1MmekNi1Q4AeMES8  +    1.6222577    575 / 0    100%    32.16 MH
dF1gWw6EL5LYRNokhy9p8LM5EvBtUEuxvF  +    1.93002041    370 / 0    100%    20.69 MH

[prints]

Ah, how I love DMD. I will be doing a weekly 'Coin of the Week' show in the next month or so, and I'd like to talk about Diamond for my first show. I've been following this coin for a while now, and I've always been a believer. I'll make an announcement when I finalize everything.

I just hope that it stays low long enough for me to buy some...

[cryptonit]

utilize blockchain technology

thats it!
DMD v3

u are a prophet u can see the future  

assets
smart contracts
decentralized exchange
blockchain powered apps

thats the direction we move to

DMD Diamond is and will be far more than a crypto currency
it will create a whole crypto business ecosystem

that even if able to interact with other systems is way more independent

than all this supernets (that are building with various names now) where a coin is just one of many if it merge into it

what we do now is still increase the web of investors and coders that will make this happen

and we not at zero we have aready a base to build on

if it work out as we plan we can be in a few months one of the industry leader

in the area bitcoin 2.0 services

[cryptonit]

if i look at dmd market at cryptsy i can see a very high temporay pump & dump potential

i strong suggest to not buy DMD over 0.00070 until the market had some time to stabilze the orderbooks

http://www.cryptocoincharts.info/pair/dmd/btc/cryptsy/6-months

always use the orange line as guide where the healthy price is

soon we can say 0.00060 stabilized but sure not 0.00070

[utahjohn]

agree remember when I got upset about 0.00050 break ... Let's keep it low so new entry into DMD can get in reasonably.  Indeed we are a small community and need some PR, please do whatever you can to boost DMD interest
If I could I would donate to PR but like I said, retired, limited income

[crazyivan]

agree remember when I got upset about 0.00050 break ... Let's keep it low so new entry into DMD can get in reasonably.  Indeed we are a small community and need some PR, please do whatever you can to boost DMD interest
If I could I would donate to PR but like I said, retired, limited income

New entries?? Who cares about them

Nah, DMDs are all my precious!!! MINE!!!

[utahjohn]

agree remember when I got upset about 0.00050 break ... Let's keep it low so new entry into DMD can get in reasonably.  Indeed we are a small community and need some PR, please do whatever you can to boost DMD interest
If I could I would donate to PR but like I said, retired, limited income

New entries?? Who cares about them

Nah, DMDs are all my precious!!! MINE!!!

ROFL
all mine are the precious

[crazyivan]

agree remember when I got upset about 0.00050 break ... Let's keep it low so new entry into DMD can get in reasonably.  Indeed we are a small community and need some PR, please do whatever you can to boost DMD interest
If I could I would donate to PR but like I said, retired, limited income

New entries?? Who cares about them

Nah, DMDs are all my precious!!! MINE!!!

ROFL
all mine are the precious

I have to say this DMD those bring the worst out me. On one side, I want to go and tell the world about it. On the other side, telling the world means there s less DMD for me at these, still cheap, prices.
So I want to keep it to myself, my precious coins. Just like the ring from that small movie.

Does that make me an ass?

[marcoman22]

DMDs always stays at the top.

[utahjohn]

I'd have to say yes I am greedy and want to own as many DMD as I can, but the time is coming where we must go mainstream with DMD, sure there are a few of us who have accumulated large wallets
My mining wallet gets merged with staking wallet next time I stake successfully

[crazyivan]

I'd have to say yes I am greedy and want to own as many DMD as I can, but the time is coming where we must go mainstream with DMD, sure there are a few of us who have accumulated large wallets

Well, yes, I agree. Unfortunately, I ll have to let other people scoop some of DMDs as well. )

[utahjohn]

I'd have to say yes I am greedy and want to own as many DMD as I can, but the time is coming where we must go mainstream with DMD, sure there are a few of us who have accumulated large wallets

Well, yes, I agree. Unfortunately, I ll have to let other people scoop some of DMDs as well. )

I chose to release ultra groestl kernel at this time because only a month or so left for golden age ... now is time to get us in mainstream. I can remember several PR releases in DMD history, would have to look for them ... How far from the 2.25BTC to get a 3rd party to work on this, and what effect do you expect, this is going to take some major polishing ...
(hehe I'm the little guy on pool but that's all I can afford to operate).

Additionally all DMD related webpages must be accurate.  They are going to look at all DMD sites and base the PR on what they see.
Death of wafflepool went ignored for a month or so, keep webpages updated.  I notified popshot of this and was ignored

So shave, get a haircut and put on best dress LOL

[DMDCreeper]

@DMDcreeper
have a look VBE7 (google it) dunno if it will work on 290 but u can major OC card by reducing temps of mem.
I am running 1180E/150M on 280x with low volt mod also ...

I had been considering this for some time so your suggestion pushed me over the edge.  Thanks.  I flashed the BIOS on the 280x reducing the voltage and the card runs substantially cooler and saves about 40 watts on power consumption.  So far its stable and running about 7 degrees C cooler with the same fan settings.  I reduced the speed of the fans and its quieter and still 3 degrees cooler than before.  I think I can reduce the voltage even more but I will let it run for a while and see how it works out.

I have not tried it with the R9 290s yet.  I need to do some research on that first.   I think I can get the same results from them but I want to be sure first.

[DMDCreeper]

 I tried undervolting the R9 290s and it caused instability problems almost immediately.  Even minor reductions in voltage made the cards unstable.  But GPUz indicates the 290s are already using a lower core voltage than the 280x (1.12 - 1.18 vs 1.20).  Perhaps that's why even minor changes on the 290s cause problems.  By the way, I was able to adjust both cards voltages with MSI Afterburner (after flashing the 280x BIOS).  It has its quirks but it worked.  For some reason with multiple GPUs, afterburner has problem dealing with the GPUs individually.  I change a setting on 1 and it changes for all cards or at least it displays the same setting for every GPU.

[utahjohn]

I tried undervolting the R9 290s and it caused instability problems almost immediately.  Even minor reductions in voltage made the cards unstable.  But GPUz indicates the 290s are already using a lower core voltage than the 280x (1.12 - 1.18 vs 1.20).  Perhaps that's why even minor changes on the 290s cause problems.  By the way, I was able to adjust both cards voltages with MSI Afterburner (after flashing the 280x BIOS).  It has its quirks but it worked.  For some reason with multiple GPUs, afterburner has problem dealing with the GPUs individually.  I change a setting on 1 and it changes for all cards or at least it displays the same setting for every GPU.

I have instability probs on 280x if ambient temp gets too high, might have to raise volt from 0.997 a bit higher, LOL every time I go take a nap and turn off central air circulation for apt it has crashed when I get up... never seems to crash when I'm up with lots of air moving ... Meanwhile 7950 keeps chomping on neoscrypt blissfully unaware 280x had crashed.  (I run 2 instances of sgminer)
Can u say EXTREME overclocking and undervolting
Only reliable way to tune cards individually is by BIOS mods ...
In your case it may have to be done with only 1 card in a box so it can be identified and tuned individually but all cards are different, the quality factor of GPU which can be found in GPUz will give u an idea of how far u can push it
Once each card tuned u can put back into community