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

[cryptonit]

please people who dont love the ideas and direction of DMD 3.0
be so fair and allow other to join in and reach their masternode 10k DMD goal

place ur coins on bittrex so we avoid a price hype

at the moment sellorderbook runs dry

That is going to be very hard for any new person coming into DMD to get that amount.  There are only 46 addresses with 10k or more DMD and a total of about 2 million coins.

10k DMD is a lot unless your plan is to have about 40~60 total master nodes on the DMD network. (10 mostly likely going to those with the special staking wallets)

Edit:
So the average person keeps getting a smaller slice of the DMD pie. First the average person looses out since some people paid extra to get special staking wallets and now the part of the POS reward for average person is going down so the Master Node can take part.

where u get the info that someone who did pay anything extra will not get full what he paid for?
the extra DMD a private reactor creates for the time if the release happens before 12 months are over can be easy calculated and paid out direct

u long enough with us to have trust in the team and that we care about our people
and that POS rewards for normal people going down is not certain

keep in mind all the people who now still take part in coin rollout by open wallet just 6 times a year will then not take part in coins rollout
so there is a good chance that even small but active POS minter will earn in fact even more then now!

and there are 2 million DMD existing so there is plenty of 10k for a masternode existing
that who is longterm part of community and gathered years already have a advantage reach the 10k is logical and fair

[cryptonit]

maybe 5k DMD would be better for masternode so more people can invest ?

regarding actual existing and in future possible expanded ability of masternode network to reach MN consensus
a to big number of masternodes slow the system down

a in our opinion healthy value is 100-200 masternodes and that is the way we design it
(we could have gone easy go for 1000 DMD masternodes but fírst of all do we want to force people with 30k coins set up 30 masternodes?
and do we want to lose the advantage of ultrafast MN consensus by having 1500 masternodes active our decision was NO)

10k DMD fit perfect in this design decision and are at 0.00050 just 5 BTC invest if u start from zero gathering now

look for example at NEM(XEM) there one supernode is valued at 56 BTC this days and still 400 existing

yes we care for the little people who are longterm with us
i know many that are years with us mined and staked since the early days and yes they reach the 10k without ever buy a single coin at exchange

my highest respect for this longterm trust and support
we do all we can to give back to this people a value that they deserve

guys like him who are with us since 2013
https://chainz.cryptoid.info/dmd/address.dws?23778.htm

and in my opinion that u can be equal with such longterm supporter qualify urself for a MN with just around 5 BTC if u join in new is a bargain
(how long that cheap is the question...)

and as explained before even below 10k DMD POS will be a income source that could be even more rewarding than the 25% per year u earn today
because the new POS system reward active POS nodes and there is no inactive POS rewards at all

activity and participation in secure network (POW/POS) and provide services (MN) is where the coinrollout goes in the future

the most fair as possible way

and im sure there will be people who see the business opportunity to offer hosted MN services
and other similar services that allow even people not able be active node 24/7 participate and get their share of coin rollout

[Rumhurius]

maybe 5k DMD would be better for masternode so more people can invest ?

regarding actual existing and in future possible expanded ability of masternode network to reach MN consensus
a to big number of masternodes slow the system down

a in our opinion healthy value is 100-200 masternodes and that is the way we design it
(we could have gone easy go for 1000 DMD masternodes but fírst of all do we want to force people with 30k coins set up 30 masternodes?
and do we want to lose the advantage of ultrafast MN consensus by having 1500 masternodes active our decision was NO)

10k DMD fit perfect in this design decision and are at 0.00050 just 5 BTC invest if u start from zero gathering now

look for example at NEM(XEM) there one supernode is valued at 56 BTC this days and still 400 existing

yes we care for the little people who are longterm with us
i know many that are years with us mined and staked since the early days and yes they reach the 10k without ever buy a single coin at exchange

my highest respect for this longterm trust and support
we do all we can to give back to this people a value that they deserve

guys like him who are with us since 2013
https://chainz.cryptoid.info/dmd/address.dws?23778.htm

and in my opinion that u can be equal with such longterm supporter qualify urself for a MN with just around 5 BTC if u join in new is a bargain
(how long that cheap is the question...)

and as explained before even below 10k DMD POS will be a income source that could be even more rewarding than the 25% per year u earn today
because the new POS system reward active POS nodes and there is no inactive POS rewards at all

activity and participation in secure network (POW/POS) and provide services (MN) is where the coinrollout goes in the future

the most fair as possible way

and im sure there will be people who see the business opportunity to offer hosted MN services
and other similar services that allow even people not able be active node 24/7 participate and get their share of coin rollout

10k looks pretty reasonable to me.
 

I am cool with that.

[big_coins]

excuse my ignorance but masternodes are new to me.

So when 10k is staked to masternode do these still earn POS ?

Can the 10k be withdrawn at anytime ?

Is there windows client for masternode ?

thanks!

[cryptonit]

excuse my ignorance but masternodes are new to me.

So when 10k is staked to masternode do these still earn POS ?

Can the 10k be withdrawn at anytime ?

Is there windows client for masternode ?

thanks!

DMD 3.0 is not released yet
expect more details release in coming weeks
with the nearly complete coin spec presented at DMD birthday and wallet release not much later

masternodes by design lock coins so they can not be used for POS
but u can withdraw them anytime just the MN then become inactive

to get a MN in enabled state will be at DMD Diamond be a proccess with longer delay then in most masternode coins
we want owners to careful decide if they wana disable a MN by move coins

if re enable the MN could take many days

this means if POS at a time become more rewarding (because to many MN)
then u can fast switch MN funds into POS mode

but in other direction there is a delay
go in MN mode is a well prepared longterm decision and not for hop on hop of style of invest

[nodecoin5]

excuse my ignorance but masternodes are new to me.

So when 10k is staked to masternode do these still earn POS ?

Can the 10k be withdrawn at anytime ?

Is there windows client for masternode ?

thanks!

DMD 3.0 is not released yet
expect more details release in coming weeks
with the nearly complete coin spec presented at DMD birthday and wallet release not much later

masternodes by design lock coins so they can not be used for POS
but u can withdraw them anytime just the MN then become inactive

to get a MN in enabled state will be at DMD Diamond be a proccess with longer delay then in most masternode coins
we want owners to careful decide if they wana disable a MN by move coins

if re enable the MN could take many days

this means if POS at a time become more rewarding (because to many MN)
then u can fast switch MN funds into POS mode

but in other direction there is a delay
go in MN mode is a well prepared longterm decision and not for hop on hop of style of invest

The problem is liquidity . If liquidity only 0.3 volume . Masternode will not help because not so much coins will be for trading .

[cryptonit]

The problem is liquidity . If liquidity only 0.3 volume . Masternode will not help because not so much coins will be for trading .

want liquidity?
buy
sell
fill buyorderbook
fill sellorderbook

marketprice and market liquidity is not in our hands
its in your hands

[Rumhurius]

excuse my ignorance but masternodes are new to me.

So when 10k is staked to masternode do these still earn POS ?

Can the 10k be withdrawn at anytime ?

Is there windows client for masternode ?

thanks!

DMD 3.0 is not released yet
expect more details release in coming weeks
with the nearly complete coin spec presented at DMD birthday and wallet release not much later

masternodes by design lock coins so they can not be used for POS
but u can withdraw them anytime just the MN then become inactive

to get a MN in enabled state will be at DMD Diamond be a proccess with longer delay then in most masternode coins
we want owners to careful decide if they wana disable a MN by move coins

if re enable the MN could take many days

this means if POS at a time become more rewarding (because to many MN)
then u can fast switch MN funds into POS mode

but in other direction there is a delay
go in MN mode is a well prepared longterm decision and not for hop on hop of style of invest

The problem is liquidity . If liquidity only 0.3 volume . Masternode will not help because not so much coins will be for trading .

Thats why i think the most promising Option is that DMD becomes some sort of Venture capital fund Currency later on.
Teamed up with Bitsend for transfers and Microtransactions and Europe Coin as Payment Processor.



I think i see the bigger Picture here. 

[Galactus]

excuse my ignorance but masternodes are new to me.

So when 10k is staked to masternode do these still earn POS ?

Can the 10k be withdrawn at anytime ?

Is there windows client for masternode ?

thanks!

DMD 3.0 is not released yet
expect more details release in coming weeks
with the nearly complete coin spec presented at DMD birthday and wallet release not much later

masternodes by design lock coins so they can not be used for POS
but u can withdraw them anytime just the MN then become inactive

to get a MN in enabled state will be at DMD Diamond be a proccess with longer delay then in most masternode coins
we want owners to careful decide if they wana disable a MN by move coins

if re enable the MN could take many days

this means if POS at a time become more rewarding (because to many MN)
then u can fast switch MN funds into POS mode

but in other direction there is a delay
go in MN mode is a well prepared longterm decision and not for hop on hop of style of invest

that is there will be only 3 species profit:
masternode
pos with masternode
and
Coins in your wallet that you can sell or trade (they do not give POS)

that is POS (Annual interest) which we know now will cease to exist and all subsequent changes in the development of the coin will be accepted solely by the owners of the masternodes.

cryptonit
"to get a MN in enabled state will be at DMD Diamond be a proccess with longer delay then in most masternode coins"

what will the situation look like if there is no electricity, breakage and other

[cryptonit]

i think we have russian speaking community member
that can explain to u if there is a language barrier

everyone will be able participate in pos in dmd v3 with as low as a few hundret dmd

regarding power outage and masternode thats not linked to enable mastermode delay

the delay is from send coins to mn until u can send masternode start command

a power outage dont reset that u can easy when online again start the mn again

[stillontop]

cryptonit, I think this is a good progression,
but I really would like to see a new "DMD Cold Fusion Reactor" aka shared, managed masternodes,
where people can send some thousand coins and participate in this new development step, even with less than 10k DMD.

I'm pretty sure the demand for this would be big.

[TimC]

I'm a long time DMD holder (since 12-21-2013 wallet address dVTN1rAVcbNeUo9xH4FiB1W1ELcouRTUxo) and I'm looking to do a trade for 8000 DMD. I will offer CRW for trade.

I can trade ~12000 CRW (or a fair value) for 8000 DMD. You need 10k CRW to setup a throne (like DASH master node) and I would like to get 10k DMD so I can setup a DMD Master Node when they come out.

[cryptonit]

cryptonit, I think this is a good progression,
but I really would like to see a new "DMD Cold Fusion Reactor" aka shared, managed masternodes,
where people can send some thousand coins and participate in this new development step, even with less than 10k DMD.

I'm pretty sure the demand for this would be big.

we will see what we can work out
but in fact thats a business idea anyone can follow
i understand the trust advantage DMD Diamond Foundation might have
and that might be a reason to leave this business to 3rd party and not abuse our position
we will see
nothing decided yet
but as i said the network need POS wallets too and they will be rewarded too

i see below 10k DMD as the POS phase for users
and starting with 10k the MN phase

hosting a MN service will be much easyer because it can be set up in a way that the user always stay in control of coins inside the "control wallet"
and the MN service provider just run a node that is handling the MN work that is assigned to this active masternode

but all this stuff we will explain in detail closer to release

[Rumhurius]

cryptonit, I think this is a good progression,
but I really would like to see a new "DMD Cold Fusion Reactor" aka shared, managed masternodes,
where people can send some thousand coins and participate in this new development step, even with less than 10k DMD.

I'm pretty sure the demand for this would be big.

we will see what we can work out
but in fact thats a business idea anyone can follow
i understand the trust advantage DMD Diamond Foundation might have
and that might be a reason to leave this business to 3rd party and not abuse our position
we will see
nothing decided yet
but as i said the network need POS wallets too and they will be rewarded too

i see below 10k DMD as the POS phase for users
and starting with 10k the MN phase

hosting a MN service will be much easyer because it can be set up in a way that the user always stay in control of coins inside the "control wallet"
and the MN service provider just run a node that is handling the MN work that is assigned to this active masternode

but all this stuff we will explain in detail closer to release

That would be such a great and profitable service for the start of 3.0.
A share for Masternodes, paying holders DMD.
Simply keep low % of the Payments for the Foundation and everybody would be happy.
I love the idea !

[big_coins]

could more than 10k be put into a masternode ? Or make more than 1 node with 10k in each ?

[stillontop]

I guess it is out of reach for most of us to securely setup a masternode with a static IP-Address that is online 24/7.
So this has to be taken into consideration seriously, people should not lose their hard earned DMD because of a weak masternode setup, configuration errors or forgotten updates.

One key to mainstream adoption is to enable less tech savy people to be a part of this success story.

Managed masternodes could pose a viable solution for this.

[TimC]

I'm a long time DMD holder (since 12-21-2013 wallet address dVTN1rAVcbNeUo9xH4FiB1W1ELcouRTUxo) and I'm looking to do a trade for 8000 DMD. I will offer CRW for trade.

I can trade ~12000 CRW (or a fair value) for 8000 DMD. You need 10k CRW to setup a throne (like DASH master node) and I would like to get 10k DMD so I can setup a DMD Master Node when they come out.

An offer was made and I have accepted the offer. I will soon be a larger holder of DMD then I was before.

Edit:
Coins have been purchased/swapped and both parties now have their coins. I'm now ready for the next update with Master Nodes.

[BogdanCo]

Great to see this forum animated, seems that Helmut "sneak preview" of the future DMD 3.0 created a nice debate here.

Let's see... Masternodes? I'm in... Also have a static IP

[cryptonit]

Great to see this forum animated, seems that Helmut "sneak preview" of the future DMD 3.0 created a nice debate here.

Let's see... Masternodes? I'm in... Also have a static IP

u more then in bogdan

u are one of the legendary10!

[cryptonit]

nice to be at bittrex in banner!