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

[utahjohn]

I do not support POS increase to 50%
But I also do not support changing an existing plan in which currently provides 25% of the POS for all and everyone!
I'm for the preservation of the existing plan that is displayed on the first page.
As we can see a reduction of up to 25 per cent did not produce a significant effect on the value of the coin.
Why to reduce annual percent over and above the plan? Nobody answered this question.
Why developer impose community and makes a bow to him without explaining the real reasons why this is done?
The developer invited us to a theoretical discussion, but at the same time aggressively defends its position without explaining the reasons. The developer does not know why need to change the annual interest rate?
If the reason is to find more online wallets, it is generally not a problem for 99.9% of the community.
Must be online every 30 or 14 days? No problems! Even once a week is not a significant problem, a disadvantage.
But is not the question. In what it? Don't explain to us.

We know that make a vote or what the topic should be specific arguments for why we need these changes, instead of keeping them secret.
For this reason there are various ambiguous versions why these changes are offered.
This lack of coordination or the shortcomings of developers, and not the fault of individuals in our community.
Openness and explanatory work with clear arguments necessary in order to then don't do guilty for his version of any John, Ivan, Guangming, Vikram or Pedro

Similar happens in Germany (Hanover). Where people protesting against TTIP (Transatlantic trade and investment partnership).
Discussions are taking place in secret between the Governments of Europe and the United States, so people don't like it and they go to the demonstrations.
People fear that this could lead to a decrease in the quality of consumer goods, environmental degradation and labor protection conditions.
And this despite the fact that people chose this government and the logically must trust their government.
After all the government has to care of each individual... But as we know it far from truth


And for two years, developers need to know and get used to that when people feel a threat to their funds because of the lack of information they show discontent.

Also it is happening in the DMD community - people have apprehension...

If decisions are made exclusively community, rather than a separate group, I would like to see more opinions on this issue.
Of course, after the specific explanations for why these changes are necessary.
but if the decisions are made by a small group of people, then ... Down with democracy, long live totalitarianism!

But there are other versions...

 

Ditto   Raise any objections and u are silenced or told to leave ... Why have a discussion at all if you are going to do it anyway ...

[1715586201]

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[cryptonit]

As we can see a reduction of up to 25 per cent did not produce a significant effect on the value of the coin.

this is wrong
constant decreasing inflation
it is the reason why DMD stay at a stable $ value around 30 cents

look around all the hyperinflation coins who failed
because their plan was never designed to cover more than a half year or a year income for people
and then a collapse of price was clear as a market response to craizy raising amounts of daily new created coins

and galactus ur opinion is important to us like any others even utahs

it will have impact on the final dmd 3.0 coin specs

over all people can expect to see if they behave as they do already and stake twice a month
no significant change in POS income

less frequent staking will earn a bit less

more frequent staking will earn a bit more

just a little incentive for network support

nothing big

this topic is closed for now i want to open a new one in next posting

[cryptonit]

what is ur opionion to block time versus blockchain size and synctime

u would love a smaller chain and faster sync and accept slower blocktime?

we run now average 52sec blocktime
one of the fastest coins

but i have to say from my perspective we see not much advantage to be faster than others
beside faster raise of blockchain size and longer sync times for people who open wallet just once every 14 days

i full agree 10 min blocktime like bitcoin have is stoneage

what u think would be a good blocktime and keep in mind slower is always more slim chain and faster sync time


52 sec (like now)
100 sec
150 sec (like LTC)
300 sec
600 sec (like BTC)

[shveicar]

what is ur opionion to block time versus blockchain size and synctime

u would love a smaller chain and faster sync and accept slower blocktime?

we run now average 52sec blocktime
one of the fastest coins

but i have to say from my perspective we see not much advantage to be faster than others
beside faster raise of blockchain size and longer sync times for people who open wallet just once every 14 days

i full agree 10 min blocktime like bitcoin have is stoneage

what u think would be a good blocktime and keep in mind slower is always more slim chain and faster sync time


52 sec (like now)
100 sec
150 sec (like LTC)
300 sec
600 sec (like BTC)

I think that the time for a single block shall not exceed 1 minute (60 seconds).
This is the current standard speed for the best coins

[BogdanCo]

A lot of mobile devices has already possibility to keep a wallet and run it/stake coins on it. I would say the future of the staking will be on mobile devices where the space is limited. So in my eyes, a smaller blockchain size with a faster synchronization is necessary. 100-150 sec block time is ok I would say.

[shveicar]

A lot of mobile devices has already possibility to keep a wallet and run it/stake coins on it. I would say the future of the staking will be on mobile devices where the space is limited. So in my eyes, a smaller blockchain size with a faster synchronization is necessary. 100-150 sec block time is ok I would say.

I want to remind you that the increase in the time between the blocks will also affect the network bandwidth.
one block of 600 seconds this is 7 transactions per second (that  from this is now suffering Bitcoin) it is better to provide for this moment.
If we have time for the block thereof in one minute, this corresponds to 70 transactions per second.

[cryptonit]

A lot of mobile devices has already possibility to keep a wallet and run it/stake coins on it. I would say the future of the staking will be on mobile devices where the space is limited. So in my eyes, a smaller blockchain size with a faster synchronization is necessary. 100-150 sec block time is ok I would say.

I want to remind you that the increase in the time between the blocks will also affect the network bandwidth.
one block of 600 seconds this is 7 transactions per second (that  from this is now suffering Bitcoin) it is better to provide for this moment.
If we have time for the block thereof in one minute, this corresponds to 70 transactions per second.

if the amount of transactions require a adaption of blocksize
u can be sure DMD Diamond Foundation would manage a decision and release update in like 14 days
and not is paralyzed like bitcoin about this simple question

the transactions we manage now with our network we could have a blocktime of 1 hour and still manage them all and more easy

[utahjohn]

Massive dump going on and I have no BTC to buy with 

[Vagnavs]

Massive dump going on and I have no BTC to buy with 

Looks like Christmas came early

[talks_cheep]

I think talks_alot has already shot his wad and lost a lot more coins for me  
However if you have more please do dump them also  nearly instant profit for me as price recovers

Ha ha ha! Very funny! How do you like'em 0.0005 coins??? Buy them now and cry later as I slowly drive the price down to 0.00001. Please keep buying, I dare y'all!!!

I have thousands more to waste. I don't care, I got enough bitcoins, even if I throw a few dozen btc worth of dmd away, I still have hundreds of btc.

[Vagnavs]

I think talks_alot has already shot his wad and lost a lot more coins for me  
However if you have more please do dump them also  nearly instant profit for me as price recovers

Ha ha ha! Very funny! How do you like'em 0.0005 coins??? Buy them now and cry later as I slowly drive the price down to 0.00001. Please keep buying, I dare y'all!!!

I have thousands more to waste. I don't care, I got enough bitcoins, even if I throw a few dozen btc worth of dmd away, I still have hundreds of btc.

Okay. .. Don't you have something better to day trade or whatever your strategy is...

[E1337]

Massive dump going on and I have no BTC to buy with 

All coins now on sale.
But where is the bottom for ours?

[utahjohn]

Massive dump going on and I have no BTC to buy with  

All coins now on sale.
But where is the bottom for ours?

Dependence on BTC has a lot to do with it ... BTC is UP right now.
Take a look at https://bitcoinwisdom.com/markets/bitstamp/btcusd

[crazyivan]

Cmmon people, dont let the trolls affect you. You know they every single troll s got their agenda, to lower the price so they can buy lower or to increase the price to sell higher.

Those of you who ve been around for years know we ve had this kind of ups and down at least dozen of times. Guess what happens in the end? Weak hands sell their coins cheap and the rest of us profit from that.

Dont let speculators take your hard earned coins cheap. Play smart.

@talks_cheep, I d really to see you bring down DMD to that price you mention. I dare you to do that. If not, everyone ll know u re nothing but an ordinary lying troll. So, go ahead bro, let s see you wasting your DMD. If you have any at all. You ve got 1 week to do that.

[utahjohn]

LOL good pep up Ivan.  I happen to be testing new ETH pool at moment and not many miners ... been 2 days since last payout And along comes opportunity to buy DMD and no BTC on hand, spent it earlier today before the dump
If u can help with testing, http://donkeypool.com needs help ...

[cryptonit]

all i can see someone hope to buy back dumped coin at 0.00040
i cant believe that will happen
if u wana ride the pump and dump waves
DMD is for sure not the right place to be

market already stabilized again
around 0.0060 - 0.0064 there is some leftover dump coins
once they eaten up we back to normal

[temp89]

all i can see someone hope to buy back dumped coin at 0.00040
i cant believe that will happen
if u wana ride the pump and dump waves
DMD is for sure not the right place to be

The dumper still has 11.5k DMD so I think one (maybe two) dumping is coming. I'm waiting for that. Cheap coins are welcome to me .

[cryptonit]

all i can see someone hope to buy back dumped coin at 0.00040
i cant believe that will happen
if u wana ride the pump and dump waves
DMD is for sure not the right place to be

The dumper still has 11.5k DMD so I think one (maybe two) dumping is coming. I'm waiting for that. Cheap coins are welcome to me .

one thing is sure this guy and talks_cheep are not the same
but fill buyorderbook with orders between 0.00050 and 0.0006 could get filled if u lucky

if u wana get for sure a share of the cheap DMD u have to buy up to 0.00064

even if BTC raise to 600$ i would consider 0.00064 by far not overpriced

[temp89]

even if BTC raise to 600$ i would consider 0.00064 by far not overpriced

You're right and the current price is laughable for that coin.

[Rumhurius]

what is ur opionion to block time versus blockchain size and synctime

u would love a smaller chain and faster sync and accept slower blocktime?

we run now average 52sec blocktime
one of the fastest coins

but i have to say from my perspective we see not much advantage to be faster than others
beside faster raise of blockchain size and longer sync times for people who open wallet just once every 14 days

i full agree 10 min blocktime like bitcoin have is stoneage

what u think would be a good blocktime and keep in mind slower is always more slim chain and faster sync time


52 sec (like now)
100 sec
150 sec (like LTC)
300 sec
600 sec (like BTC)

I think of DMD more like an Asset or a Commodity at its current Stage.
i dont think that we need 52sec blocktime or 20mb blocks yet.
Maybe DMD should go for the Path of being a more modular, better developed XCP in the Future?
So the Core-Coin could be simply the fuel for the other stuff build on Top of DMD via sidechains or something?

At its current state i think the smallest Chain would be the best solution aswell.
So even 10 mins and as small as possible would be fine to me.