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

[cryptonit]

how long does it usually take? still haven't got the dmd I'm missing from unconfirmed transactions. 4 unconfirmed transactions in the last 2 days..  seems pointless me even doing it as i never get the coins I'm minting

If you talk about such unconfirmed POS minted blocks, then in version 2.0 this is quite a frequent phenomenon.



But this is not a mistake or omission.
What you did not get this time, comes back to you in the form of the next reward.
I am glad that in the new version of DMD 3.0, this phenomenon is much more rare.
And for owners of Masternode, such orphan mintied blocks do not exist at all

orphans is the downside of the very fast blocktime of 50 sec at DMDv2
at DMDv3 we have a much more moderate blocktime of 135 sec
because for speed transaction we have the masternode powered service quickTX
so we dont need a spam of many short blocks we can be fast by use state of the art technologies instead

a important part if u have more or less orphans is if ur wallet is well connected to many peers
the better connected u are the higher the chance is when 2 blocks found simultaneous
that the network consensus is yours is the winner

and last but not least a help -> debug window - console
and type there the comand
repairwallet to check if everything is ok can help too for some issues

[cryptonit]

check out DMD Newsleter 09/2017
http://mailchi.mp/a978a99d46cc/dmd-diamond-newsletter-2517905

Dear Community

A quick overview about today's topics:

1.) DMD Diamond did raise more than bitcoin 2017!
2.) Whitepaper that explain DMDv3 with Masternodes
3.) How to prepare for DMDv3 release read before 10th September



1.) This year we have observed a steady, organic rise in value of DMD Diamond where its market valuation has been surpassing its previous all time high levels to reach ~6$ in late August. This is over 2000% increase in value 2017 (0.30$ to 6.00$). A 20x $ value increase compared to the x10 that Bitcoin made! Some of it can be credited to quite significant rise in bitcoin's price as more and more people all over the world learn about crytpocurrencies making the whole crypto economy grow. However, this also coincided with the news of the upcoming changes to DMD Diamond.



2.) The new wallet will be the second major installment to be introduced by DMD Diamond Foundation and will lay foundations for further expansion of DMD Diamond ecosystem. We will see many improvements to the protocol not only in terms of security, speed and privacy but the new code base of DMD v3 will facilitate the use of Diamond Master Nodes. The new Diamond Master Node network will form a cornerstone of future projects scheduled for 2018 that will add to the value of the coin.  Full specification of the upgraded DMD Diamond v3 are visible in the released whitepaper here: https://bit.diamonds/DMD_WP_1.0.pdf



3.) DMD Diamond Wallet is undergoing major changes. The old DMD Diamond blockchain will soon be replaced with the new one. Even though the change is significant, the balance of coins between old and new blockchains will be 1:1. This means that whatever amount of coins you had in your wallet or exchange account (up to the point of blockchain snapshot) you will have same amount after the transition. As a user you can follow the steps shown below to prepare for the new DMD Diamond 3.0. Please choose the method you feel most comfortable with as any of them will result in same outcome. Please read the details before 10th September in following howto guide:
http://bit.diamonds/DMD_2.0_to_3.0_guide.pdf

Join our slack and get support if any questions arise or you wana have the newest info first!
https://dmdcoin.slack.com/
(invite link https://dmdcoin.signup.team/ )




We are excited about the future and feel that DMD Diamond is on the path to become a strong and recognizable monetary system on the cryptocurrency market that empowers people to achieve financial freedom. The advent of Diamond Master Nodes will inevitably further increase the value of DMD and form the foundations for future services linked to DMD Diamond ecosystem.

We encourage everyone to join our Slack https://dmdcoin.slack.com/ (invite link https://dmdcoin.signup.team/ ), add to discussions at the official DMD Diamond Bitcointalk thread https://bitcointalk.org/index.php?topic=580725.0 and follow us on Twitter @dmdcoin and @CryptonitDMD for more updates.

If you found this newsletter somewhere else than in your mailbox. register with your email for the newsletter https://dmddiamond.wufoo.com/forms/subscribe-to-dmd-diamond-newsletter

register here to never miss a newsletter again

https://dmddiamond.wufoo.com/forms/subscribe-to-dmd-diamond-newsletter

[andreiv26]

Is it worth to mine Diamond coin now? Also how does staking works?

[cryptonit]

Is it worth to mine Diamond coin now? Also how does staking works?

POW ends on 12th september
details about DMDV3 u can read in the whitepaper
https://bit.diamonds/DMD_WP_1.0.pdf

[andreiv26]

Is it worth to mine Diamond coin now? Also how does staking works?

POW ends on 12th september
details about DMDV3 u can read in the whitepaper
https://bit.diamonds/DMD_WP_1.0.pdf

Thanks alot!

[Trimegistus]

@cryptonit:

Any news on the solution for those who purchased the Reactor Auction keys?

[bitd]

Hi guys! Localmonero.co is released! Why not localdmdcoins.com? Am i allowed to start the development of localdiamondcoins.com? Ive already registered some domain names going into this direction. Im planning to use upwork.com to do the work. Am i allowed and do i have the blessing of the dmd developers? I dont have high hopes or expectations. Work will probably be proceeding slowly. Is this a good idea?

"Hi! My company is looking for a freelancer that can develop a secure website for buying and selling diamond (dmd) coins/tokens (check bit.diamond) exactly like bitcoins. The design and looks could revolve around the already well known and established localbitcoins.com. People should be able to log in, 2 factor verification must exist, users must be able to post advertisements on how much they want to buy/sell dmd coins for. The website should display real time price of dmd coins vs USD/a basket of local currencies, ETH and BTC. The useraccounts on the website must be able hold dmd coins in escrow and released upon payment by the buying/selling part. A kind of integration toward the dmd-wallet is absolutely necessary. The website must be able to hold pictures that users upload (faceshots, driverslicenses and passports for id verification if needed) No interaction with VISA/mastercard/debit cards etc is needed. Buyers/sellers settle payment via off website service. Feedback must be able to be exchanged between users. The website should not to mention- be very resistant to hacker attacks."

https://image.ibb.co/fjx4j5/image.png

[shveicar]

Hi guys! Localmonero.co is released! Why not localdmdcoins.com? Am i allowed to start the development of localdiamondcoins.com? Ive already registered some domain names going into this direction. Im planning to use upwork.com to do the work. Am i allowed and do i have the blessing of the dmd developers? I dont have high hopes or expectations. Work will probably be proceeding slowly. Is this a good idea?

"Hi! My company is looking for a freelancer that can develop a secure website for buying and selling diamond (dmd) coins/tokens (check bit.diamond) exactly like bitcoins. The design and looks could revolve around the already well known and established localbitcoins.com. People should be able to log in, 2 factor verification must exist, users must be able to post advertisements on how much they want to buy/sell dmd coins for. The website should display real time price of dmd coins vs USD/a basket of local currencies, ETH and BTC. The useraccounts on the website must be able hold dmd coins in escrow and released upon payment by the buying/selling part. A kind of integration toward the dmd-wallet is absolutely necessary. The website must be able to hold pictures that users upload (faceshots, driverslicenses and passports for id verification if needed) No interaction with VISA/mastercard/debit cards etc is needed. Buyers/sellers settle payment via off website service. Feedback must be able to be exchanged between users. The website should not to mention- be very resistant to hacker attacks."

I think it will be great if you join our channel #Slack for discussion..

[andreiv26]

Is it worth to mine Diamond coin now? Also how does staking works?

POW ends on 12th september
details about DMDV3 u can read in the whitepaper
https://bit.diamonds/DMD_WP_1.0.pdf

Do you know the exact date for when the new wallet is coming out?

[cryptonit]

@cryptonit:

Any news on the solution for those who purchased the Reactor Auction keys?

they will get the missing 2 months 25% POS rewards
as payment send towards their address
1000*0.25/12*2= 41.66 DMD

after DMDv3 launched

[cryptonit]

Hi guys! Localmonero.co is released! Why not localdmdcoins.com? Am i allowed to start the development of localdiamondcoins.com? Ive already registered some domain names going into this direction. Im planning to use upwork.com to do the work. Am i allowed and do i have the blessing of the dmd developers? I dont have high hopes or expectations. Work will probably be proceeding slowly. Is this a good idea?

"Hi! My company is looking for a freelancer that can develop a secure website for buying and selling diamond (dmd) coins/tokens (check bit.diamond) exactly like bitcoins. The design and looks could revolve around the already well known and established localbitcoins.com. People should be able to log in, 2 factor verification must exist, users must be able to post advertisements on how much they want to buy/sell dmd coins for. The website should display real time price of dmd coins vs USD/a basket of local currencies, ETH and BTC. The useraccounts on the website must be able hold dmd coins in escrow and released upon payment by the buying/selling part. A kind of integration toward the dmd-wallet is absolutely necessary. The website must be able to hold pictures that users upload (faceshots, driverslicenses and passports for id verification if needed) No interaction with VISA/mastercard/debit cards etc is needed. Buyers/sellers settle payment via off website service. Feedback must be able to be exchanged between users. The website should not to mention- be very resistant to hacker attacks."

such a service would be welcome
but analyze demand would be needed to find out if it can be a profitable venture

example we are part at https://www.localcrypto.eu.org/
and i got never a single request from someone to buy or sell DMD over that page

[shveicar]

Hi guys! Localmonero.co is released! Why not localdmdcoins.com? Am i allowed to start the development of localdiamondcoins.com? Ive already registered some domain names going into this direction. Im planning to use upwork.com to do the work. Am i allowed and do i have the blessing of the dmd developers? I dont have high hopes or expectations. Work will probably be proceeding slowly. Is this a good idea?

"Hi! My company is looking for a freelancer that can develop a secure website for buying and selling diamond (dmd) coins/tokens (check bit.diamond) exactly like bitcoins. The design and looks could revolve around the already well known and established localbitcoins.com. People should be able to log in, 2 factor verification must exist, users must be able to post advertisements on how much they want to buy/sell dmd coins for. The website should display real time price of dmd coins vs USD/a basket of local currencies, ETH and BTC. The useraccounts on the website must be able hold dmd coins in escrow and released upon payment by the buying/selling part. A kind of integration toward the dmd-wallet is absolutely necessary. The website must be able to hold pictures that users upload (faceshots, driverslicenses and passports for id verification if needed) No interaction with VISA/mastercard/debit cards etc is needed. Buyers/sellers settle payment via off website service. Feedback must be able to be exchanged between users. The website should not to mention- be very resistant to hacker attacks."

such a service would be welcome
but analyze demand would be needed to find out if it can be a profitable venture

example we are part at https://www.localcrypto.eu.org/
and i got never a single request from someone to buy or sell DMD over that page

I think that a having General exchange and own separate exchange is a big difference.
In any case, after switching to a new wallet DMD 3.0 we will be more attention and if such a service is created, then with good advertising, you can get a certain base with customers.

[cryptonit]

6$ not as a spike but stable
again great success!

[jimsonunique]

do people actually buy dmd? how easy is it to sell my coins?

[shveicar]

do people actually buy dmd? how easy is it to sell my coins?

Sell now and then be sorry (when we move to DMD 3.0)  

[cryptonit]

do people actually buy dmd? how easy is it to sell my coins?

just check market
trading volume of a few hundred K $ each day somtimes over a million
way above average liquidity for its actual coinmarketcap place

[Woody20285]

Question on Reactors bought last 4 November.
Should we move the coins into one address now or after the
new wallet comes out?

TY

[Trimegistus]

@cryptonit:

Any news on the solution for those who purchased the Reactor Auction keys?

they will get the missing 2 months 25% POS rewards
as payment send towards their address
1000*0.25/12*2= 41.66 DMD

after DMDv3 launched

Ok, thanks!

[Royruan]

Who is lead DMD? Where is dev team ?

[Crystalicus]

Who is lead DMD? Where is dev team ?

I think on the first page of this topic has all the information https://bitcointalk.org/index.php?topic=580725.0 Most of the developers is on #slack channel. I went there, this is a great team