Happy Birthday to You
Happy Birthday to You
Happy Birthday Dear Diamond
Happy Birthday to You!!!Whoa, what a ride, wasn’t it?
One full year or to be more precise 6 code developers later we are here to celebrate the event a lot of people would doubt would ever happen - Diamond’s birthday.
It’s crazy story and not everyone here remembers. The original developer was on a coin making spree and one of his creations was Diamond. It was a powerful sounding name for a coin with extremely fair issuance cycle of one Diamond reward per solved block (with occasional ‘random’ ones). After the devs departure the coin was simply left for dead. Thankfully, that little gem was resurrected in December which attracted widespread attention and a community that formed around it decided to take over its development. Beginnings weren’t easy as we went through many setbacks and periods of lost faith of investors. However, for us at the core, over the months that followed, Diamond stopped being an investment or entertainment or anything else for that matter. It has become our journey, our vector in life, our dream that we have tirelessly pursued sacrificing more than some would be willing to sacrifice.
Where has it led us? To exactly where we are now.
- Diamond is the world’s first coin that undergone successful algorithm change not only saving existing legacy blockchain but also averting death by merciless Skrypt ASICs.
- Diamond is the world’s first coin that implemented a unique dynamic total coin amount based trigger for more natural cycle of changes to happen.
- Diamond has been recalibrated to be in active service for at least three decades with coin mechanics that are following low inflation issuance model encouraging the rise of value of the single Diamond with time.
- Diamond has a working and well thought through Proof of Stake mechanism which works in tandem with Proof of Work protocol providing endless hybrid security.
- Diamond has cleaned up core code that has literally diffused ticking bug bomb that could have exploded at any moment leaving the network paralysed.
With today’s anniversary update we prove yet again that we represent quality Diamond deserves.
Diamond 2.0.3 change log:
• Fast Index - Provides very fast loading of the block chain from disk.
• Implement getnetworkhashps RPC
• Implement stakepower element in the getmininginfo RPC.
• Implemented Qt wallet minting icon and mini-stats about minting in a tooltip.
• Implement ‘unlock for minting only’.
• Implement dnsseed nodes.
• Implement coin control.
• Fix numerous Qt styling and compatibility issues.
• Fix numerous core hashing routines, text and general code clean-up.
Apart from the software client, we’re also presenting a convenient permanent storage enabling tool; in other words a paper wallet facility:
http://diamond.danbo.bg/bitaddress.org/bitaddress.org.html?culture=enand ABE based block explorer (version 1 – needs some makeup)
http://diamond.danbo.bg:2750/chain/Diamond - Diamond uses two separate hashing algorithms so this was not off the shelf solution.
The above are the effects of just a few months of our hard work; now imagine what we can achieve in another few.
If we are fit enough to survive for so long we are well fit to overcome anything that future brings; and the thing with the future is that we do not try to predict it, we simply create it.
The future that we are creating for Diamond is clearer and brighter than at any given point before. In the years to come we as the community can make Diamond dream come true, as together we can build something that is fair, lasting and significant.
Yours faithfully,
Diamond Team
