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Author Topic: [ANN] ¤ DMD Diamond 3.0 | Scarce ¤ Valuable ¤ Secure | PoS 3.0 | Masternodes 65%  (Read 1260658 times)
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shveicar
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February 26, 2015, 09:46:26 AM
 #5741

I do not think it's good when the coin has secret passages or holes that allow someone with a special approach REFERENCE earn more income than the other participants.
it should be eliminated or if this method is not a threat it must be made available to each user without the use of knowledge to work from the command line.

Diamond The best investment in your future! ✧ it's 35% POS and 65% Msternode ✧
utahjohn
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February 26, 2015, 09:47:27 AM
 #5742

coin control is a expert tool that is not required to be used at dmd diamond

in fact what utahjohn do is by a lot of micromanagement increase his pos earning around 1%
because he make sure he instant  merge coin pile after minting at 7 days together to a big pile again

if one or a few people to this it create no danger

if all people would do this it just counter the pos mechanism

because it create the risc of "nothing to stake" at network

the split coin pile mechanic and later merge coin pile mechanic have one reason

to automatic cut the coins in network into enought pieces that always someone have something to mint

and merge coin piles together if enought pieces are existing (it dedect this by coin age)

this way never a status appear where noone have coin-age to spend minting and pos diff would fall very low and open doors for harmfull activities

Warning this post may make you think, if you blindly follow DMD,
Please ignore as it may give you a headache.

What UtahJohn is doing is smarter than just leaving the coins alone ,as he will gain more diamonds at a slightly faster rate, with very little effort. But just to be clear DMD Devs added the coin control feature, so you have no one to blame but yourselves. Also your merge coin pile feature decreases the number of total blocks in your network, so it also weakens DMD POS security, a feature you have no one to blame but yourselves.
The Real Reason you will have Nothing to Stake is you don't have enough coins to run POS by itself safely.
That is the real reason behind the reactor, an attempt to make your POS more secure.
Once your POW miners start dropping out , your security will depend on your POS.
At the limited # of coins (trying to be scarce), also Devs decision , decent security will not be possible with POS alone.
As pow miners drop , that also will become a security issue, leaving you open to a 51% attack on the POW side. The only way to keep DMD safe is to keep the POW mining at a level where they stay , because POS wise you don't have enough coins to secure the network otherwise.
Just my trolling for the day.
Ignore if it does not make sense to you.
Please Return to the Praise Diamond Hour.
Thankyou!
Don't get me wrong I am a DMD supporter but I point out weaknesses that affect all Smiley
Argon18
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February 26, 2015, 09:54:50 AM
 #5743

I do not think it's good when the coin has secret passages or holes that allow someone with a special approach REFERENCE earn more income than the other participants.
it should be eliminated or if this method is not a threat it must be made available to each user without the use of knowledge to work from the command line.

It is coin control not Magic,
Have the devs write up a easy to follow post on how to use it .
If you are smart enough to use the PC, you are more than smart enough to use coin control.
It is very easy.


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shveicar
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February 26, 2015, 09:59:01 AM
 #5744

This is especially true, when some of people not clean the hands take advantage of this and are proud to say about that. What about this can says Daniel?

Diamond The best investment in your future! ✧ it's 35% POS and 65% Msternode ✧
Argon18
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February 26, 2015, 10:00:38 AM
 #5745

Thankyou!
Don't get me wrong I am a DMD supporter but I point out weaknesses that affect all Smiley

You're welcome, people who question are always the one that others try and gang up on.
Even when you are right others would rather agree with the authority than ask the questions.
What makes people like us different and sadly attacked even when we bring up issues that should be looked at.



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cryptonit
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February 26, 2015, 10:37:13 AM
 #5746

Argon18  its very hard for me to understand how u can see one of our most superior DMD POS abilities as a weakness

i think u didnt even understand what i explained - or u try to read only the lines that fit to build ur own reality and ignore the rest

in opposite to majority of POS coins where u are forced to use coin-control
because their POS setup is flawed and without manual interaction it would split coin pile endless
DMD Diamond POS work endless stable without user interaction

u have

1.) no understanding of dmd diamond security  and DMD POSand the hybrid pow/pos
protection will just work fine after pow reward drop the same way as now
it doesnt matter if we have 10 ghash 100 ghash or 1000 ghash groestl network hashrate

or

2.) u have the understanding and try spread wrong statements to influence price?






 
  Diamond [DMD]     uNiq.Diamonds  
Scarce✦✦✦✦ Valuable ✦✦✦✦ Secure ✦                     ▬ a collector experience ▬                
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February 26, 2015, 10:52:01 AM
 #5747

Thankyou!
Don't get me wrong I am a DMD supporter but I point out weaknesses that affect all Smiley

You're welcome, people who question are always the one that others try and gang up on.
Even when you are right others would rather agree with the authority than ask the questions.
What makes people like us different and sadly attacked even when we bring up issues that should be looked at.

And I still see no disclosure of wallet so the truth can be known.  I agree with Argon18 that issues which I bring up are quietly swept off the floor and ignored.  Honesty is the only true value here, I openly allow anyone to examine my wallet and DMD intentions Smiley  What many call FUD from me is simply incorrect I am just pointing out weaknesses that need to be addressed in next wallet release.
Yes I'd like the price to drop so I can buy again, but no buy support from me till pumps stop  Roll Eyes
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February 26, 2015, 11:07:59 AM
 #5748

What many call FUD from me is simply incorrect I am just pointing out weaknesses that need to be addressed in next wallet release.
Yes I'd like the price to drop so I can buy again, but no buy support from me till pumps stop  Roll Eyes

we can fix this micromanage tiny advantage easy
we can just reduce POS rewards for pile above size of 200 and problem is solved

but this opens a new unfair situation
than if someone buy a 1600 dmd pile and transfer it as a whole home in his wallet
need to wait until he did split stake 3 times (at least 21 days) until he able earn optimal POS rewards
or manual split the pile after recive it via coin controll into 200 dmdm pile

do we really want that just because utahjohn is maybe able earn 1% more at pos with lot micromanage time invested?

and his advanage is a theoretic one

look how it can be in real:
Quote
in case his big 2500 dmdm pile just staked successful when he did sleep
and 8 hours later he merge the 2 piles together again to have a single 2500 dmd  pile
then he burned 8 hours coin age of 2500 coins
this way he damage himself more than he gain
its just a theoretic mindgame that give little gains
but in real when u miss the time when u staked a bit and burn coinage by manual merge them u lose all advantage
and u invested a shitload micromanage time
time that a 53 year old early retired might have but normal people not
let him increase his small income with a bit extra POS why not

this is no design flaw that need a fix
DMD POS is superior

for real investors that it run without maintainance and manual interaction perfect is way more valuable than everything else

edit: regarding pump i think u missunderstand what a pump is
what we see here is slow natural gain in value a pump would be a jump to 0.001
and even that can happen and stabilze with that increased interest that DMD attract this days
all look at total coins and say oops below 100000 coins until pow rewards reduction


 
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Scarce✦✦✦✦ Valuable ✦✦✦✦ Secure ✦                     ▬ a collector experience ▬                
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February 26, 2015, 11:16:59 AM
 #5749

Argon18  its very hard for me to understand how u can see one of our most superior DMD POS abilities as a weakness

i think u didnt even understand what i explained - or u try to read only the lines that fit to build ur own reality and ignore the rest

in opposite to majority of POS coins where u are forced to use coin-control
because their POS setup is flawed and without manual interaction it would split coin pile endless
DMD Diamond POS work endless stable without user interaction

u have

1.) no understanding of dmd diamond security  and DMD POSand the hybrid pow/pos
protection will just work fine after pow reward drop the same way as now
it doesnt matter if we have 10 ghash 100 ghash or 1000 ghash groestl network hashrate

or

2.) u have the understanding and try spread wrong statements to influence price?

Really , no Understanding  , how cool it must be to be the only one in the world that understands POS.
Oh Wait, you don't know what you are talking about.
Here is the proof
hashProofOfStake <= [Coin-age] x [Target]   
[Coin-age] = [amount of coins] x [days in stake]   
   
Coin-Days = Coin-age * block size.   
weight = coin age * balance   


Have someone that can add look over these , it shows how weak your coin becomes when the POW miners leave you. All you have to do is change the coin POW reward to keep the miners, otherwise after april.
Boom you are so Vulnerable to attack.

Like So.
https://bitcointalk.org/index.php?topic=897493.0






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February 26, 2015, 11:18:16 AM
 #5750

I did not call my manipulation of large piles a design flaw Smiley  Even if u convince dev team to drop max pile size to 200 it can be manipulated Smiley  Clearly u do not get my intentions to help others gain DMD.  Let's see your wallet for examination Smiley
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February 26, 2015, 11:20:16 AM
 #5751

Argon18  its very hard for me to understand how u can see one of our most superior DMD POS abilities as a weakness

i think u didnt even understand what i explained - or u try to read only the lines that fit to build ur own reality and ignore the rest

in opposite to majority of POS coins where u are forced to use coin-control
because their POS setup is flawed and without manual interaction it would split coin pile endless
DMD Diamond POS work endless stable without user interaction

u have

1.) no understanding of dmd diamond security  and DMD POSand the hybrid pow/pos
protection will just work fine after pow reward drop the same way as now
it doesnt matter if we have 10 ghash 100 ghash or 1000 ghash groestl network hashrate

or

2.) u have the understanding and try spread wrong statements to influence price?

Really , no Understanding  , how cool it must be to be the only one in the world that understands POS.
Oh Wait, you don't know what you are talking about.
Here is the proof
hashProofOfStake <= [Coin-age] x [Target]   
[Coin-age] = [amount of coins] x [days in stake]   
   
Coin-Days = Coin-age * block size.   
weight = coin age * balance   


Have someone that can add look over these , it shows how weak your coin becomes when the POW miners leave you. All you have to do is change the coin POW reward to keep the miners, otherwise after april.
Boom you are so Vulnerable to attack.

Like So.
https://bitcointalk.org/index.php?topic=897493.0

Nice one argon!




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February 26, 2015, 11:23:50 AM
 #5752

Clearly u do not get my intentions to help others gain DMD

the only one u wana help to get DMD is utahjohn

 
  Diamond [DMD]     uNiq.Diamonds  
Scarce✦✦✦✦ Valuable ✦✦✦✦ Secure ✦                     ▬ a collector experience ▬                
shveicar
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February 26, 2015, 11:26:36 AM
 #5753

Argon18  its very hard for me to understand how u can see one of our most superior DMD POS abilities as a weakness

i think u didnt even understand what i explained - or u try to read only the lines that fit to build ur own reality and ignore the rest

in opposite to majority of POS coins where u are forced to use coin-control
because their POS setup is flawed and without manual interaction it would split coin pile endless
DMD Diamond POS work endless stable without user interaction

u have

1.) no understanding of dmd diamond security  and DMD POSand the hybrid pow/pos
protection will just work fine after pow reward drop the same way as now
it doesnt matter if we have 10 ghash 100 ghash or 1000 ghash groestl network hashrate

or

2.) u have the understanding and try spread wrong statements to influence price?

Really , no Understanding  , how cool it must be to be the only one in the world that understands POS.
Oh Wait, you don't know what you are talking about.
Here is the proof
hashProofOfStake <= [Coin-age] x [Target]   
[Coin-age] = [amount of coins] x [days in stake]   
   
Coin-Days = Coin-age * block size.   
weight = coin age * balance   


Have someone that can add look over these , it shows how weak your coin becomes when the POW miners leave you. All you have to do is change the coin POW reward to keep the miners, otherwise after april.
Boom you are so Vulnerable to attack.

Like So.
https://bitcointalk.org/index.php?topic=897493.0

Nice one argon!





if the new wallet there will be changes and there will be a triple-generation algorithm that what you say then about security?

Diamond The best investment in your future! ✧ it's 35% POS and 65% Msternode ✧
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February 26, 2015, 11:28:13 AM
 #5754

Clearly u do not get my intentions to help others gain DMD

the only one u wana help to get DMD is utahjohn
the one u are helping is cryptonit so he can dump at max price after the bot finishes buy orders for u sheep Smiley
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February 26, 2015, 11:28:49 AM
 #5755

Clearly u do not get my intentions to help others gain DMD

the only one u wana help to get DMD is utahjohn

If others follow his lead , they can get more diamonds.
The Diamonds Devs put in coin control, UtahJohn says he use it openly,
for all we know you used it secretly, which do you think everyone would feel is worse.



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February 26, 2015, 11:31:40 AM
 #5756

if the new wallet there will be changes and there will be a triple-generation algorithm that what you say then about security?

Then there will be 3 different vectors to defend instead of the current 2.
More doors does not make a house safer, just more paths of entry.

POS door is already weak, without a strong POW , your coin is unsafe.
Whatever else is added will just be another entry point for hackers.


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February 26, 2015, 11:33:41 AM
 #5757

I don't think u want open warfare with PR release coming soon Smiley
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February 26, 2015, 11:35:16 AM
 #5758

but then you will not be able to buy diamonds for pennies and trolling will not help you  Smiley

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February 26, 2015, 11:37:11 AM
 #5759

but then you will not be able to buy diamonds for pennies and trolling will not help you  Smiley

You do understand if you get hit with a doublespend attack, your coin won't be worth a penny?



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February 26, 2015, 11:37:34 AM
 #5760

I don't think u want open warfare with PR release coming soon Smiley

Did you just threaten DMD Utahjohn?

For security, your account has been locked. Email acctcomp15@theymos.e4ward.com
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