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

[cryptonit]

https://github.com/DMDcoin/Diamond/releases
please everyone make sure u run wallet 2.1.0.4
if not use above link to update

[Galactus]

You can't impose the nr of coins that can be withdraw from a wallet... think about it... some daytraders don't have a wallet except for the one on Bittrex.... so the dumps can't be stopped. But can be done something (bigger rewards) to make everybody stake their coins and locked them down in wallets for 1...2 years.

that is a good point regarding the exchanges. i also agree that more incentive for keeping coins in one's wallet would promote stability/ mitigate dumps. one method ive seen is locking the coins for a period and providing a bonus based on coins locked/period of time. granted ive seen this absolutely abused with other altcoins, paycoin comes to mind.

i think a similar method could be offered, though,  say i have 5000 DMD and choose to lock 1000 DMD for 2 months (meaning they cant be withdrawn) and get like a 2-3 % stake boost for those locked coins where as the remaining 4000 unlocked DMD would remain at 25% but most importantly be 100% liquid. but people will dump periodically, it is inevitable.

turdminer

I just want to offer a way to reduce the possibility of the market collapses.
example restrictions on the withdrawal of the entire amount I took STEEM because for them it works. And as everyone knows STEEM is the third coin in the market in terms of capitalization.
I think need to follow the example of such coins.
Option to block a certain amount and the increase in annual interest for these coins I welcome, but I think he is not perfect and it needs to be finalized.
All positioning this coin as long-term and investment. So the coin, by definition, should provide an opportunity to receive a good interest and must not have any temptation to sell all of their coins and to bring down the market.
I think we should talk about large amounts of not less than 1000 coins.

An exemplary embodiment of the blocking amount (but not interest) Monthly
6 months: +10%
8: +15%
10: +20%
For long-term incentive to save coins in your wallet needed more impressive stimulus
12(1 year): +50%
24(2 year): +150%
36(3 year): +250%
48(4 year): +400%
60(5 years): +600%


But you can also come up with some sort of a deterrent from the sale of a large amount of interest for the whales.
This is just an example of which has its disadvantages and can be modified.

Suppose you have:
1000 coins
6: +100 (100/6=16.66 additional coins per month)
8: +150 (18.75 additional coins per month)
10: +200 (20 additional coins per month)
12: +500 (41.66 additional coins per month)
24: +1500 (62.5 additional coins per month)
36: +2500 (69.44 additional coins per month)
48: +4000 (83.33 additional coins per month)
60: +6000 (100 additional coins per month)


10000 coins
6: +1000 (166.6 additional coins per month)
8: +1500 (187.5 additional coins per month)
10: +2000 (200 additional coins per month)
12: +5000 (416.6 additional coins per month)
24: +15000 (625 additional coins per month)
36: +25000 (694.4 additional coins per month)
48: +40000 (833.3 additional coins per month)
60: +60000 (1000 additional coins per month)

NOW THAT'S WHAT I CALL A GOOD LONG-TERM INVESTMENT!

But it is possible to reduce the annual interest rate by half, if the first option is too good for you
The second option can be better for community from the point of view of reduction of sale of the big percent which whales have.

This is a good incentive to keep the coins in his wallet, than to sell all the coins and pull down the market.

I propose to the community to discuss which way the withdrawals of restrictions would be the best.
But at the same time, this method should be encouraged to keep their coins in his wallet.

[BogdanCo]

This is an empty BTC wallet address: 1HcuwgjGbhsKHD7y4x1zbrK6Q7iGzvRpoS

We need suggestions for a book title...

Please could the Diamond Community get behind the book project.  Currently the content for the book has been researched from the 13th July 2013 to the end of April 2014 (the time at which the new developers took over Diamond [Evolution 2.0]).  Here is the rough timeline of events for this period:

i just send 0.2 BTC to 1HcuwgjGbhsKHD7y4x1zbrK6Q7iGzvRpoS

20% of donation goal (1 BTC) reached

https://blockchain.info/address/1HcuwgjGbhsKHD7y4x1zbrK6Q7iGzvRpoS

i suggest whales donating 0.1 and sharks 0.05
and we quick reach the goal

show this man what DMD community can do if there is a call to arms

regarding booktitle lets hear ur ideas

for now we have two

DMD Diamond

- the phoenix of crypto
- A Desire, a Dream, a Vision!

please give us more ideas
we will the make a voting of the top 5 entries

I'm a shark so here it is 0,05 BTC for Diamond book:

https://blockchain.info/tx/caee98826223be6cabed14ef6e647bcb8337a61abcf1349c9f5e3e7b5d8894dd

Hope we will reach 1 BTC soon

[cryptonit]

galactus ur idea doesnt fit inside the max coin and desired coin rollout timeframe of DMD Diamond

it would create to many coins

a counter of sellpressure cant be hyperinflation

just that people cant sell the hyperinflation coins for 6 month or a year doesnt mean they not exist and will create sellpressure later on

the way DMD coinrollout is designed now gurantee constant decreasing inflation

and max 4.38 million coins and coin rollout timeframe of ~30 years is a guarantee to investors

still as said already we evaluate possible ways to reward people who remove their coins from circulation for some time

HODL mechanic seems interesting in that area

[pazor_true]

... is a steemit post about DMD a good idea?

[cryptonit]

... is a steemit post about DMD a good idea?

im my opinion any posting on steemit is a good idea for steem users

i stick with established social media channels
where i know people like share and post a reply for other reasons than gather steem

to me steemit is a wrong direction of how social media should work

[mybitcoin101]

What a wise reaction cryptonit!
I think it a pity how some people try to attack you and others from the DMD community.
Such a disgraceful behaviour will not be honored by anybody, not here and not in real life.

mybitcoin101 and Mister1k shame on you!

shame on you for prostituting for free diamonds.

$156 in volume for the past 24 hours, WoW

your community is tight on this project.

[b1007]

Interesting project, can somebody explain to me in a few sentences the business model of DMD coin? Since you guys are smart enough to realise the potential and benefits of the NEM platform I take this project very seriously, everything surrounding NEM is serious business 

[Galactus]

...
still as said already we evaluate possible ways to reward people who remove their coins from circulation for some time

What ways are already available in addition to legendary addresses?

[cryptonit]

...
still as said already we evaluate possible ways to reward people who remove their coins from circulation for some time

What ways are already available in addition to legendary addresses?

all stakeboosted addresses must be full to recieve the boost
not only legendary

but when i said we evaluate additional ways im talking in dmd 3.0

for dmd 2.1 there is no wallet release planed pre 3.0

[cryptonit]

Interesting project, can somebody explain to me in a few sentences the business model of DMD coin? Since you guys are smart enough to realise the potential and benefits of the NEM platform I take this project very seriously, everything surrounding NEM is serious business 

we have a close look on nem namespace and mosaic fee structure
as it is now its not useable the way we need it

if it adapt in a range where we can host hundrets or thousends of mosaics we follow that path deeper
if nem doesnt adapt we have to create the abilities we want in dmd 3.0

[hallared]

...
still as said already we evaluate possible ways to reward people who remove their coins from circulation for some time

What ways are already available in addition to legendary addresses?

DMDs PoS function rewards people for holding their coins for a certain amount of time. Isn’t that the most principal way to “…remove coins from circulation for some time…”? I think 25% per year is a good return on an investment.

Recently there was an auction for 30 Private Reactor Keys that generates double stake rate (for 1000 DMD for 1 year), and Cryptonit stated there will be more auctions of such keys/addresses in the future.

I’m not saying your idea is bad, it’s good to have ideas and they are always welcome. It’s just like Cryptonit says, it doesn’t really fit in with DMDs coin roll-out plan and decreasing inflation.

Hopefully the implementation of DMD 3.0 will open up new opportunities.

[hallared]

TASK
Write an article about DMD Diamond in English for publication on https://en.wikipedia.org.

CRITERIA
1. The article must be written in clear and comprehensible English, thus the person who applies for the task need to have very good knowledge in the English language.

2. The article must be objective and follow the terms of use on Wikipedia.org.

3. It is highly desirable that the article is written in such a way that a person without crypto experience can understand the article. After having read the article, a non crypto experienced person should have enough knowledge to find and seek help in DMD forums, set up a DMD wallet and buy DMD at an exchange.

4. The article shall make awareness of the DMD brand and logo. When referring to the coin/brand, the name DMD Diamond or DMD shall be used. DMD Diamond logos to be used can be found at http://bit.diamonds/#promo.

5. The article shall be read and commented by me, hallared, and DMD Foundation before published on Wikipedia.

The above five criteria must be accepted and fulfilled by the person who apply for the task and by fulfilling the criteria the person can claim the Private Reactor Address as reward for the article work.

If you are interested in doing this task, reply in this thread or send me a PM.

During article writing I offer my assistance if you would like to discuss something. Below are guidelines, they are to be considered as help and as what could be suitable to include in the article. You may treat the guidelines in a personal manner and add or reject topics, as long as the five criteria stated above are fulfilled.

Guidelines for content

DMD Diamond a cryptocurrency.
Explain what a cryptocurrency is, differences to fiat etc

A short history of DMD Diamond
Milestones, anniversaries, articles about DMD

The purpose of DMD Diamond
Utilities, visions, goals, roadmap. perhaps Cryptonit or Popshot could help a bit with this content.

Coin roll-out plan
Describe coin roll-out plan, total amount of coins, timeframe etc.

How DMD are created
-blockchain
Explain what a blockchain is, i.e. how it is secured, how it is maintained, public ledger, block explorer and so on.

-PoW
Explain DMDs PoW, i.e. algorithm Groestl, generation block time, transaction confirmation time etc.

-PoS
Explain DMD PoS, i.e. minting via coins in wallet, 25% interest per year, how pos works, coinage and so on.
 
How to obtain DMD
Use a windows environment when doing all the explanations below.

-wallet
Describe how to set up a wallet and explain the relationship between the DMD wallet and the blockchain, i.e. the coins are kept in the blockchain and the wallet gives access to the coins.

-exchange
Explain how to obtain DMD on an exchange. This might require a short guide on how to obtain bitcoins, since you need bitcoins to be able to buy DMD at the moment.

-DMD PoS
Explain how to PoS DMD in the wallet.

-DMD PoW
Explain how to mine DMD.

-DMD Multipool and Cloudmining
Explain how to obtain DMD via Multipool/Cloudmining.
When writing about the Cloudmining, remember that the Cloudmining project is run by Helmut Siedl as a private person and not by DMD Foundation.

DMD Security
Explain how DMD is secured by PoW/PoS, DMD Reactor and other measures.

Unique Crypto Assets (UCA), Legendary 10, Private Reactor Addresses.
Explain what they are and the purpose of them.

DMD Foundation
The role of and members of DMD Foundation. perhaps Cryptonit or Popshot could help a bit with this content.

References
Don’t forget citing sources, they are important for the reliability. Wikipedia guidelines for citing sources can be found here https://en.wikipedia.org/wiki/Wikipedia:Citing_sources.

Publishing
When the article is ready for publishing a main stand-alone DMD article shall be created and an entry shall be made in the List of cryptocurrencies https://en.wikipedia.org/wiki/List_of_cryptocurrencies on Wikipedia.

Reward
The reward for writing the article and publishing it on Wikipedia is, as Cryptonit has stated, a Boosted Private Reactor Address able to hold 1000 DMD with double stakerate for 1 year. The address will be filled with some DMD, the amount is yet to be decided.

i understand create a video that we can use and suit our brand is lot effort

i understand create a wikipedia entry is also lot work special if u should also maintain it

so i offer to also to help fill that both keys  (how much of the 1000 DMD is tbd once we get serious offers from people to do that job)

[Caladonian]

...
still as said already we evaluate possible ways to reward people who remove their coins from circulation for some time

What ways are already available in addition to legendary addresses?

DMDs PoS function rewards people for holding their coins for a certain amount of time. Isn’t that the most principal way to “…remove coins from circulation for some time…”? I think 25% per year is a good return on an investment.

Recently there was an auction for 30 Private Reactor Keys that generates double stake rate (for 1000 DMD for 1 year), and Cryptonit stated there will be more auctions of such keys/addresses in the future.

I’m not saying your idea is bad, it’s good to have ideas and they are always welcome. It’s just like Cryptonit says, it doesn’t really fit in with DMDs coin roll-out plan and decreasing inflation.

Hopefully the implementation of DMD 3.0 will open up new opportunities.

just new here dev seen that this update would be a good thing to follow it will bring another way to earned and make this project noticeable by many members here as well i think in the silent way we've able to gain profits from it, thanks for sharing this update and i will look forward in this coming days if what will be the results. good luck

[utahjohn]

...
still as said already we evaluate possible ways to reward people who remove their coins from circulation for some time

What ways are already available in addition to legendary addresses?

DMDs PoS function rewards people for holding their coins for a certain amount of time. Isn’t that the most principal way to “…remove coins from circulation for some time…”? I think 25% per year is a good return on an investment.

Recently there was an auction for 30 Private Reactor Keys that generates double stake rate (for 1000 DMD for 1 year), and Cryptonit stated there will be more auctions of such keys/addresses in the future.

I’m not saying your idea is bad, it’s good to have ideas and they are always welcome. It’s just like Cryptonit says, it doesn’t really fit in with DMDs coin roll-out plan and decreasing inflation.

Hopefully the implementation of DMD 3.0 will open up new opportunities.

If you look at the code there are actually many more private addresses to be used in the future, my evalutation of this is the next 5-6 years will see 1000 coin private reactors for sale for 1 year duration ...
I am still evaluating cash out when market prices reach $0.50

[mybitcoin101]

Volume update for diamond

$169 for 24 hours HA HA

[Woody20285]

Volume update for diamond

$169 for 24 hours HA HA

Reach in your pocket and buy more! That will help!

[cryptonit]

Volume update for diamond

$169 for 24 hours HA HA

Reach in your pocket and buy more! That will help!

we have healthy ~9 BTC on buyorderbook

just no one want to sell cheaper

and we just 1 BTC away from 0.00050

and 3 BTC from 0.00060

but we have here  bunch of longterm investors no one wants to push upwards and is happy and smile if he can gather more cheap DMD

i can remember the dude who was sad his 5k DMD dont get sold he placed them  at 0.00060 on market while market was somewhere between 0.00040 and 0.00050

similar situation to now

and what happend to his 5000 DMD sellwall at 0.00060?

he sold all of them for 0.00060 each DMD

this means

[Vagnavs]

Volume update for diamond

$169 for 24 hours HA HA

What is this high school? So volume is low at this time. There are things going on in the background that should increase volume exponentially..

[cryptospreader]

Patience is the key to have a good profit. You need to wait for long time to get good profits. Hold DMD now. Grab as much as you can below 0.0005 btc.