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Author Topic: [ANN] ¤ DMD Diamond 3.0 | Scarce ¤ Valuable ¤ Secure | PoS 3.0 | Masternodes 65%  (Read 1260288 times)
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November 19, 2021, 02:55:45 PM
 #17161

a new presync blockchain uploaded
on mega
https://mega.nz/file/o0IlAAjA#CRPoDgm5zsu9JcpVE56ckWwC75nXsddgGVdbRjREP-g
and on github:
https://github.com/DMDcoin/Diamond/releases/download/3.0.1.3/presync_chainstate_block_dmdv3_20211119.zip

 
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November 19, 2021, 04:33:18 PM
 #17162

is V4 DMD live yet ?
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November 19, 2021, 05:32:45 PM
 #17163

is V4 DMD live yet ?

we are in open alpha
http://explorer.uniq.diamonds/
everyone who is interested can join our testnet

https://github.com/DMDcoin/dmdv4-testnet

join our telegram to be in direct contact with us

https://t.me/DMDcoin

or request slack invite via email towards contact@bit.diamonds

we help u get ur testnet node up and running

or if u just want to test delegated staking we help u set up metamask proper

and we send ya testnet coins tDMD


 
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November 22, 2021, 05:56:30 PM
 #17164

Why DMD is better than new blockchain projects 🔝



With new blockchain projects constantly springing up all around the industry, enthusiasts should be careful when putting too much trust into them. All too often, their original creators may become weary of the project and abandon it. The same thing happened to DMD several months after its creation in 2013.

However, the community was already captivated by the DMD Diamond coin with its implicit scarcity and the fairness of the limited coin issue. So they quickly came together to decide on a community takeover to lead our rare coin to fulfil its true potential. Since then, our devotion to constant evolution has been our main strength and value.

DMD Diamond is one of the few non-government non-corporate true decentralized community-controlled projects with zero premine and no coin sale.

Over the years, we have responded to the constantly changing and evolving technology and market conditions by introducing changes to the architecture of DMD Diamond that go as far as the fourth version of our blockchain (DMD v4) that includes real decentralization, on-chain governance, fast transaction times, low fees, low carbon footprint, security, interoperability, and smart contracts deployment.

original: https://t.me/dmd_coin/117
more details can be found in whitepaper:
https://bit.diamonds/DMD_WP.pdf
telegram news channel:
https://t.me/dmd_coin
newsletter sign up:
https://diamonds.us9.list-manage.com/subscribe?u=8f15ebfd0c305329a18cfe990&id=aaa4bb073e

 
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December 06, 2021, 04:39:19 PM
 #17165

What is the best place to store DMD? 📦



The issue of storing cryptocurrency is always particularly acute. After all, a loss of a private key is equal to a loss of all funds. So what is the best way to store DMD?

First of all, consider the possibilities. Where can you store coins?

— On a stock exchange
— On a Diamond Wallet

The first option is perfect for traders but you shouldn’t hold all coins on the exchange just the part that you want to use actively for trading and as liquidity in the order books.

The second option is suitable for everyone who does not plan to actively trade the coin but will use it for business, profit-making, and so on.

The DMD v4 network can be added as a custom network to wallets like Metamask which are available on each device. The wallets that support WalletConnect and allow adding custom Ethereum type networks can be used to interact with the DMD v4 network.

Additionally, in DMD v4 there are many multicurrency wallets for browsers and mobile wallet apps that support Ethereum-combatible blockchains. They will also support DMD Diamond and be a valid place to store DMD. It’s important to decide if a place you have chosen is safe or not. This depends on whether you alone have access to the private keys/seed phrase.

original: https://t.me/dmd_coin/122
more details can be found in whitepaper:
https://bit.diamonds/DMD_WP.pdf
telegram news channel:
https://t.me/dmd_coin
newsletter sign up:
https://diamonds.us9.list-manage.com/subscribe?u=8f15ebfd0c305329a18cfe990&id=aaa4bb073e

 
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January 14, 2022, 03:02:40 PM
 #17166

DMD Diamond's Updates for December 🔝

Right, another month of active development has come to an end. In this post, we will tell you about all the most important things.

🔹 At the moment, development is going smoothly. The last week was devoted to the development of a contract for the transition to v4.

🔹 The test network works on and we are happy to share the news that all fixes work as expected.

🔹 In addition, in the first week of December, the team gained valuable experience in testing. We’ve solved the problem of chain hanging up.

At the moment, we can say that DMD is getting closer to a successful open-beta launch which will include all release features and play through all release procedures like v3 snapshot and claiming coins on a new chain. Plan for beta is 3 months to final test and then we will be prepared for real mainnet launch.

We thank all the testers for their feedback, reports and help.

join us on telegram:
https://t.me/DMDcoin

📢 Learn more: https://bit.diamonds/

------------------------------------------------------------------------

Smart contracts as the basis of dApps 📄

Smart contracts are a technology that has made the creation of decentralized applications possible. Their advantage is that they can be intermediaries in the execution of transactions, being absolutely honest.

How does it work?

Smart contracts are a kind of electronic intermediary. So, there is a transaction between party A and B. Party A undertakes to transfer funds as soon as it receives something from Party B. Party B undertakes to transfer something as soon as it receives funds.

What to do in a situation with zero trust? Create a contract that will transfer funds as soon as it sees that party B has transferred something.

This is exactly what a smart contract does. Its fulfillment occurs if and only if both parties have fulfilled all the terms of the transaction.

DMD uses smart contracts to ensure maximum honesty and transparency.

📢 Learn more: https://bit.diamonds

----------------------------------------------------------------------

What are Decentralized Applications? 📱



Decentralized applications are one of the “killer features” that the blockchain platform offers.

These applications work 24/7, don’t have the disadvantages of the usual client-server architecture, and are also much more secure.

dApp (short for Decentralized Application) is an application that:

— Uses the blockchain as its technical basis;
— Are decentralized;
— All internal interaction takes place thanks to the blockchain.

So, you can deploy your dApps in a variety of popular blockchains and of course innovative solutions like DMD.

Using DMD for your blockchain application, you get double protection, high speed and much more.

📢 Learn more: https://bit.diamonds/

more details can be found in whitepaper:
https://bit.diamonds/DMD_WP.pdf
telegram news channel:
https://t.me/dmd_coin
telegram discussion channel:
https://t.me/DMDcoin
newsletter sign up:
https://diamonds.us9.list-manage.com/subscribe?u=8f15ebfd0c305329a18cfe990&id=aaa4bb073e


 
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January 24, 2022, 09:19:35 AM
 #17167


DMD blockchain for dApp 💥

 
Blockchain is the basis of a decentralized application. So, all the users' data who use the application is stored inside the blockchain.

What are the main blockchain requirements for dApps today?

— Reliability;
— Operation speed;
— Cheapness;
— Availability of smart contracts
— Run on the top of a true decentral blockchain platform

And the DMD blockchain falls under all these requirements.

The reliability of the blockchain is provided by a dual consensus algorithm, and to be more precise, HBBFT is responsible for security, speed, dynamic blocktimes and instant finality (an industry-wide unique feature set).

The guarantee of decentralization and fair node election process is the job of the supporting  dPoS like element. This way we have the speed and features from HBBFT and still the decentralization and big candidate pool of a true decentral leaderless blockchain system.

Because the DMD Diamond v4 implementation of this technology has a much bigger blockgaslimit (1000 mgas instead of 12.5 mgas) and much higher blockspeed (dynamic as fast as nearly 1 block per second if needed) and resulting can compute more transaction per second, it is cheaper to do transactions. The faster transactions are, the cheaper they are, and smart contracts are an integral DMD tool.


------------------------------------------------------

DMD and its contribution to the blockchain 🚀

 

The DMD Diamond coin was created in 2013 based on forks of Bitcoin and launched as a limited-supply proof-of-work (PoW) and proof-of-stake (PoS) coin, which already represented an advantage over the competition. Since then, DMD has proven multiple times its ability to upgrade, which is well illustrated by DMDv4.

DMDv4 is based on an Open Ethereum node client software with Ethereum VM abilities customized by the DMD team. DMDv4 is the first blockchain to combine a cooperative consensus protocol (HBBFT Honeybadger) with a delegated PoS-powered validator election (POSDAO).

Validation rotates among the validation candidates, with 25 being picked randomly every 12 hours (epoch). During one epoch, the validator nodes use the HBBFT consensus protocol to validate transactions, and epoch rewards are distributed equally among the nodes. This allows for high speed and performance, absolute censorship resistance and fork resistance, and instant finality of transactions.

Our aim is to provide every participant with freedom to host projects on the platforms that best apply to their needs, so interoperability and full compatibility with other blockchains is another important feature of DMDv4.

more details can be found in whitepaper:
https://bit.diamonds/DMD_WP.pdf
telegram news channel:
https://t.me/dmd_coin
telegram discussion channel:
https://t.me/DMDcoin
newsletter sign up:
https://diamonds.us9.list-manage.com/subscribe?u=8f15ebfd0c305329a18cfe990&id=aaa4bb073e

 
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January 24, 2022, 01:41:38 PM
 #17168

Why should you choose DMD for your application? 👍

 

Choosing a blockchain for a decentralized application is not the easiest task. There are many solutions on the market that are in some ways better and in some ways worse than competitors.

What can DMD offer?

1️⃣ First of all, you get a young project that has two consensus algorithms. It is an advantage when it comes to security. The attacker simply doesn’t have a chance HBBFT uses super secure ⅔+1 majority and POSDAO adds a dPOS like decentralized node election module.

2️⃣ The second algorithm will be responsible for user rewards and node election.

DMD will also provide high-quality technical support to anyone who decides to use our blockchain for their application.

And of course, it’s potential. Choosing DMD v4 as a base for an EVM-based project gives you any advantages you can dream of. The bridges and interoperability support DMD will add make it a future-proof base to build on top. Your solution will be faster, cheaper and more reliable thanks to DMD.

 
  Diamond [DMD]     uNiq.Diamonds  
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February 04, 2022, 12:34:35 PM
 #17169

What are community-driven projects? 📲

 
A community-driven project is a project that has no specified owner or any company structure behind it with a CEO who decides on its future. Instead, it is the community, for example, miners, validators, or liquidity providers that own the authority in the project, determine its course of development, control resources, and make decisions.

Such projects are highly decentralized blockchains and decentralized autonomous organizations (DAOs). DAOs allow the token holders of a project to have voting power, which is normally directly correlated with the number of tokens held by a DAO member.

DMD can boast of a truly dedicated community that has helped it survive and improve for many years. Proposals of any type are welcome, be it code changes, requests for funding, or any other types of proposals.

The proposals submitted are discussed ongoingly and any community member can participate in the discussion. Then, the validator candidates will take a vote on the open proposals and funds will be allocated from the DAO treasury accordingly. This is done on a monthly cycle, which conveniently gives two weeks to think over the proposal and give feedback on it and two weeks to vote.

original: https://t.me/dmd_coin/133
more details can be found in whitepaper:
https://bit.diamonds/DMD_WP.pdf
telegram news channel:
https://t.me/dmd_coin
telegram discussion channel:
https://t.me/DMDcoin
newsletter sign up:
https://diamonds.us9.list-manage.com/subscribe?u=8f15ebfd0c305329a18cfe990&id=aaa4bb073e

 
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February 28, 2022, 02:18:02 PM
 #17170

in case someone need i uploaded a new preysync chain
on two places

on https://mega.nz/file/5pJzyQQS#tXKLNcsSNYztsccipHKEmvZyZmtSjZOqwi82ToFYB88

and on https://github.com/DMDcoin/Diamond/releases/download/3.0.1.3/presync_chainstate_block_dmdv3_20220228.zip

 
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March 06, 2022, 04:41:51 PM
 #17171

How is the v4 Update coming along?
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March 06, 2022, 05:25:13 PM
 #17172

How is the v4 Update coming along?

telegram discussion channel:
https://t.me/DMDcoin

lot interesting talks there example today
DMDv4 is running as open alpha testnet for the moment:

Quote
bridge, [05.03.2022 00:10]
[slack] <Thomas Haller> Hello DMD Community, the development on the v4 upgrade is doing well. For the first time we have done a protocol update. The new client supports both protocols Hbbft-v1 and Hbbft-v2. This upgrade targets a lot of issues, and in the upcoming  week we will see the impact on stability and performance. Thanks to the whole Team and the Node Operators 🚀 💎

Braineeq, [05.03.2022 08:35]
[In reply to bridge]
Interesting...👏.. Day by day, we are moving closer to the full launching of V4.

We can't wait to experience the unique speed and performance of the network.

WAGMI

Digital Demon, [05.03.2022 15:06]
[In reply to Braineeq]
DMD progress is great, but does anyone know how DMD.v4 tps will compare to that of other platforms?

bridge, [05.03.2022 15:26]
[slack] <shveicar> <Digital_Demon> Anyone who has read the https://bit.diamonds/DMD_WP.pdf will be able to see the difference and understand the differences.

Digital Demon, [05.03.2022 19:33]
[In reply to bridge]
Shveicar; I HAVE read the WP.  In fact, I was one of the volunteer proofreaders!  My question was specifically on the subject of TPS (transactions per second).  I understand perfectly well about instant finality (transaction speed), non-forking, low cost transactions and all the rest of it, but I could not recall a figure being quoted in the WP for TPS.  The reason that I asked was because I have come across some articles claiming that other platforms (Hathor, Bitgert) can achieve 100,000 TPS.   I was simply wondering how DMD.V4 would compare with this. On re-reading the WP I see a figure of 400 TPS, which seems inadequate. Have I misunderstood?  Or have I missed something?

bridge, [05.03.2022 19:41]
[slack] <shveicar> <Digital_Demon> I would not trust flow statements from other projects (these may be unsubstantiated statements for the sake of PR). The best way to check is a real network. In the end, DMD is not going to get the title of the network with the highest bandwidth among all, but for most of the projects, the V4 network bandwidth is set with a large margin. And  let me remind you that bitcoin still has about 7 transactions per second, but this does not prevent it from being attractive to investors (with all its other disadvantages) (edited)

Digital Demon, [06.03.2022 01:43]
[In reply to bridge]
Thank you Shveicar, good answer! 👍

Helmut bit.diamonds, [06.03.2022 13:19]
400 tx/sec are more transactions per second then DMD v3 have average transactions per day!
i think most penis size compare tx/s numbers that flow around are not of relevance
DMDv4 will be able process like 20-50 times more then the actual ethereum network and that without raising transaction costs (even complex smart contract interactions on our network will be just a few cents and not crazy $ ammounts)
and we will add some industry first features on top

we never set the claim to be the one chain that can replace all others

we claim just that we will be for some projects the better platform to run on top

projects that take advantage of what make dmd special
and/or projects that see a true decentral no premine no ico long term existing and maintained network and community as a major reason to choose their prefered blockchain platform

Helmut bit.diamonds, [06.03.2022 13:20]
@Digital_Demon  ^

Digital Demon, [06.03.2022 14:46]
[In reply to Helmut bit.diamonds]
I am very happy with that!!  😀


 
  Diamond [DMD]     uNiq.Diamonds  
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May 24, 2022, 07:30:08 AM
Last edit: May 24, 2022, 08:21:51 AM by cryptonit
 #17173

https://dmd-diamond.medium.com/does-the-dmd-diamond-blockchain-solve-the-issue-of-double-spending-5e72f2a45964

Quote
Does the DMD Diamond Blockchain Solve the Issue of Double-Spending?
Double spending is one of the risks seen with Cryptocurrencies, and the DMD diamond coin isn’t an exception. It happens when a blockchain network is attacked, or altered, and users can then reclaim their spent coins.

Most often than not, coins used to double-spend are stolen from wallets with inadequate security. 51% attack is the most commonly cited attack associated with double-spending. Therefore, double spending is dependent on the security and the mechanism of the blockchain involved.

Before double spending can occur, a secret block must be mined that outpaced the creation of the real blockchain. A new chain would then be introduced to the network. Once the network recognizes it as the latest set of blocks and then add it to the chain, the attacker would have access to reclaim any cryptocurrency they had spent and re-use it again.


To the question, “Does the DMD diamond blockchain solves the potential issue of double-spending that could be seen with the DMD diamond coin?

Of course, it does! — by way of its unique mechanism and robust security. DMD diamond blockchain operates on DPoS and HBBFT consensus algorithms.

HBBFT consensus offers a shield from attackers by using a super secure ⅔+1 majority — the industry’s first solution. This fosters DMD diamond blockchain reliability by helping to detect and eliminate malicious nodes, including the possibility of an orphan block or hard fork in the blockchain. Hence providing a higher level of network security. DPoS on the other hand fosters a greater level of decentralization ( a POSDAO node election mechanism).

To enjoy your project’s security and prevent the issue of double-spending, use the DMD diamond blockchain network!


more details can be found in whitepaper:
https://bit.diamonds/DMD_WP.pdf
telegram news channel:
https://t.me/dmd_coin
telegram discussion channel:
https://t.me/DMDcoin
newsletter sign up:
https://diamonds.us9.list-manage.com/subscribe?u=8f15ebfd0c305329a18cfe990&id=aaa4bb073e

 
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May 24, 2022, 08:23:41 AM
 #17174

also if u didnt check lately
the website is new!
https://bit.diamonds/


 
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May 25, 2022, 09:19:08 AM
 #17175

Hi,
I'm minting only orphaned blocks, already rescanned blockchain. What could be wrong?
Thanks
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May 25, 2022, 12:17:20 PM
 #17176

Hi,
I'm minting only orphaned blocks, already rescanned blockchain. What could be wrong?
Thanks

Probably you went on a forked chain, so rescan don't fix the issue, the only way to recover is to delete the downloaded blockchain and restart from zero or from a snapshot.

You can find an exaustive guide to handle the issue here : https://diamond-info.github.io/#q18

Also explained by shveicar here : https://bitcointalk.org/index.php?topic=580725.msg53474861#msg53474861

and here https://bitcointalk.org/index.php?topic=580725.msg53413293#msg53413293
and here https://bitcointalk.org/index.php?topic=580725.msg48082642#msg48082642

[edit] another possiblity is that you internet connection is in trouble or slow that can't handle the confirmation in time and goes on timeout.

Cheers

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May 25, 2022, 01:43:38 PM
 #17177

Hi,
I'm minting only orphaned blocks, already rescanned blockchain. What could be wrong?
Thanks

make sure u are sync with correct chain
(ur last block is not more then +/- 1 or 2 blocks different from the last block visible at explorer)
https://chainz.cryptoid.info/dmd/

if ur wallet is sync on another block u are sync with a bad chain
and need to do https://diamond-info.github.io/#q18

rare but also a system clock that is not set to a correct time can be a issue
if the block u try to find are to much offset they not accepted from the network

 
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May 28, 2022, 01:38:45 PM
 #17178


original: t.me/dmd_coin/153


more details can be found in whitepaper:
https://bit.diamonds/DMD_WP.pdf
telegram news channel:
https://t.me/dmd_coin
telegram discussion channel:
https://t.me/DMDcoin
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May 31, 2022, 09:13:02 AM
 #17179



6️⃣ Links to articles within the month:

https://t.me/dmd_coin/150

https://t.me/dmd_coin/151

https://t.me/dmd_coin/152

https://t.me/dmd_coin/153

https://t.me/dmd_coin/154

7️⃣ Our social medias to follow:

Telegram - https://t.me/dmd_coin/

Twitter - https://twitter.com/dmdcoin

Facebook - https://www.facebook.com/groups/182587525654877/?ref=share

Reddit - http://reddit.com/r/dmd

Medium - https://dmd-diamond.medium.com/

Website - https://bit.diamonds/

 
  Diamond [DMD]     uNiq.Diamonds  
Scarce✦✦✦✦ Valuable ✦✦✦✦ Secure ✦                     ▬ a collector experience ▬                
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May 31, 2022, 08:24:13 PM
 #17180

Hi, My wallet is not syncing  Its windows diamond core 3 0 1 3 . Any help ?
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