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

[cryptonit]

[cryptonit]

i know some people wait with DMD CLoud contributions for the auction of private reactor keys in may
sorry that wont happen because the release of DMD v3 wouldnt give that keys a full duration we wont auction them
maybe we give away them for free or link a little event how u can earn one but we wont auction them for cloud shares
because they might have a short duration (until DMDv3 release)

[Trimegistus]

i know some people wait with DMD CLoud contributions for the auction of private reactor keys in may
sorry that wont happen because the release of DMD v3 wouldnt give that keys a full duration we wont auction them
maybe we give away them for free or link a little event how u can earn one but we wont auction them for cloud shares
because they might have a short duration (until DMDv3 release)

What about the current reactor keys? How long will they last?

[cryptonit]

i know some people wait with DMD CLoud contributions for the auction of private reactor keys in may
sorry that wont happen because the release of DMD v3 wouldnt give that keys a full duration we wont auction them
maybe we give away them for free or link a little event how u can earn one but we wont auction them for cloud shares
because they might have a short duration (until DMDv3 release)

What about the current reactor keys? How long will they last?

in case dmd v3 release will reduce the 12 month of the november keys
then the difference will be paid as a one time payout 250/365*missing days

[Trimegistus]

in case dmd v3 release will reduce the 12 month of the november keys
then the difference will be paid as a one time payout 250/365*missing days

Ok, seams fair. Thanks

[davembg]

Link for blockchain for OS X -
https://drive.google.com/drive/folders/0B0NqMbA-2YNVMG4zcGZtSVhveTA

For some reason - Linux/Windows versions aren't working with the OS X wallet.

[cryptonit]

Link for blockchain for OS X -
https://drive.google.com/drive/folders/0B0NqMbA-2YNVMG4zcGZtSVhveTA

For some reason - Linux/Windows versions aren't working with the OS X wallet.

thx dave i forwarded to alex to add it to ANN

[cryptonit]

preview coinrollout DMD v3
similar coin rollout speed and time until total coins 4.38 million reached (after 2045...)
but with blockbased curve reward formula that adapt rewards seamless each block

(coinrollout spikes at historic coinrollout is because some big DMD owners just open their wallet very rare and then claim enormous DMD
(worst example (biggest spike) the guy who owned 40k DMD staked 30k DMD in a day after turn his wallet online first since nearly two years and then dumped all 70k on market)
a issue that will be solved at DMD v3 constant activity earn constant rewards no activity earn no rewards)

[HR]

preview coinrollout DMD v3
similar coin rollout speed and time until total coins 4.38 million reached (after 2045...)
but with blockbased curve reward formula that adapt rewards seamless each block

(coinrollout spikes at historic coinrollout is because some big DMD owners just open their wallet very rare and then claim enormous DMD
(worst example (biggest spike) the guy who owned 40k DMD staked 30k DMD in a day after turn his wallet online first since nearly two years and then dumped all 70k on market)
a issue that will be solved at DMD v3 constant activity earn constant rewards no activity earn no rewards)

The work you and popshot put into this coin will make it one of the long term winners . . . unless you do something stupid.

When your focus is scarcity and long term security, change can be risky. There's a fine line to walk there. You've done a great job with that till now, and I wish you all the best for continued success. Your kind of dedication and effort deserves to be rewarded!

[cryptohunter]

what time line this masternode upgrade having?

will there be a governance/voting addition?
will there be developer funding block tax?
what form of anon are we going for?



interesting news but how long is implementation going to be?

[cryptonit]

what time line this masternode upgrade having?

will there be a governance/voting addition?
will there be developer funding block tax?
what form of anon are we going for?



interesting news but how long is implementation going to be?

we aim for whitepaper release at DMD 4th birthday
and the wallet release not much later
so the goal is a summer release

we aim to have a voting system but we wont link any MN tax system
we see a voting system as a way to get feedback

we will have a small development funding mechanism but not in a way that it cut MN rewards on each block

we will start with "normal" anonymous transaction as dash invented it
but we aim to evaluate other mechanism too as example pivx is researching based on zerocoin protocol

we have a new DMD Diamond Foundation Member who will join us as CTO and lead developer
an stick with us not just for DMD v3 release but also for upcoming improvements that will be added later on

so dont worry about ongoing development but still we wont play testcoin for new technologies
but follow our strategie of adding proven and secure technologies to expand DMD Diamond abilities

[cryptohunter]

what time line this masternode upgrade having?

will there be a governance/voting addition?
will there be developer funding block tax?
what form of anon are we going for?



interesting news but how long is implementation going to be?

we aim for whitepaper release at DMD 4th birthday
and the wallet release not much later
so the goal is a summer release

we aim to have a voting system but we wont link any MN tax system
we see a voting system as a way to get feedback

we will have a small development funding mechanism but not in a way that it cut MN rewards on each block

we will start with "normal" anonymous transaction as dash invented it
but we aim to evaluate other mechanism too as example pivx is researching based on zerocoin protocol

we have a new DMD Diamond Foundation Member who will join us as CTO and lead developer
an stick with us not just for DMD v3 release but also for upcoming improvements that will be added later on

so dont worry about ongoing development but still we wont play testcoin for new technologies
but follow our strategie of adding proven and secure technologies to expand DMD Diamond abilities

sounds good need to top up my diamonds...

I only suggest at least a 10% development fund at least....pivX success is a lot to do with many devs funded by bounties to complete many tasks very quickly. The crypto sphere does not hang around. First movers take most of the lions share. You have to gauge the risk of being a semi test net and first mover. Dash has some glaring errors in their code on main net but that was out weighed by their first mover and excitement created by those moves.

[HR]

what time line this masternode upgrade having?

will there be a governance/voting addition?
will there be developer funding block tax?
what form of anon are we going for?



interesting news but how long is implementation going to be?

we aim for whitepaper release at DMD 4th birthday
and the wallet release not much later
so the goal is a summer release

we aim to have a voting system but we wont link any MN tax system
we see a voting system as a way to get feedback

we will have a small development funding mechanism but not in a way that it cut MN rewards on each block

we will start with "normal" anonymous transaction as dash invented it
but we aim to evaluate other mechanism too as example pivx is researching based on zerocoin protocol

we have a new DMD Diamond Foundation Member who will join us as CTO and lead developer
an stick with us not just for DMD v3 release but also for upcoming improvements that will be added later on

so dont worry about ongoing development but still we wont play testcoin for new technologies
but follow our strategie of adding proven and secure technologies to expand DMD Diamond abilities

sounds good need to top up my diamonds...

I only suggest at least a 10% development fund at least....pivX success is a lot to do with many devs funded by bounties to complete many tasks very quickly. The crypto sphere does not hang around. First movers take most of the lions share. You have to gauge the risk of being a semi test net and first mover. Dash has some glaring errors in their code on main net but that was out weighed by their first mover and excitement created by those moves.

Could you outline some of those errors in Dash's code on main net?

[cryptohunter]

what time line this masternode upgrade having?

will there be a governance/voting addition?
will there be developer funding block tax?
what form of anon are we going for?



interesting news but how long is implementation going to be?

we aim for whitepaper release at DMD 4th birthday
and the wallet release not much later
so the goal is a summer release

we aim to have a voting system but we wont link any MN tax system
we see a voting system as a way to get feedback

we will have a small development funding mechanism but not in a way that it cut MN rewards on each block

we will start with "normal" anonymous transaction as dash invented it
but we aim to evaluate other mechanism too as example pivx is researching based on zerocoin protocol

we have a new DMD Diamond Foundation Member who will join us as CTO and lead developer
an stick with us not just for DMD v3 release but also for upcoming improvements that will be added later on

so dont worry about ongoing development but still we wont play testcoin for new technologies
but follow our strategie of adding proven and secure technologies to expand DMD Diamond abilities

sounds good need to top up my diamonds...

I only suggest at least a 10% development fund at least....pivX success is a lot to do with many devs funded by bounties to complete many tasks very quickly. The crypto sphere does not hang around. First movers take most of the lions share. You have to gauge the risk of being a semi test net and first mover. Dash has some glaring errors in their code on main net but that was out weighed by their first mover and excitement created by those moves.

Could you outline some of those errors in Dash's code on main net?

Ha well apart from the instamining diff adjust that did not work...

there was also some error that anonymint found and pointed out to them.... you would have to research it though since I can't recall exactly what that was. He referred to it as a high school level math error so that may aid you in the search for this if you are interested in exactly what it was.

My general point is though that a lot of these old forgotten coins are old and forgotten because of either inability to adapt and give the impression of progressive utility or just not acting fast enough. It has even started to catch up with btc now. You need to move or eventually you will be caught and over taken. You have to have a balance between caution and progress at a rapid rate.

[batesresearch]

Hey,

Do you guys have a Windows daemon I could use for testing?

[pazor_true]

will the DMD reactor act as one or more MN ?

[cryptonit]

will the DMD reactor act as one or more MN ?

reactor will not act as MN at all
reactor will pay back all borrowed coins beside dmd foundation member coins
and this funds will be split on 3 addresses and 3 different nodes and build a strong POS security backbone

still 70% of reactor rewards will go to DMD CLoudmining as bonus payouts
(30% stay in reactor to keep the relative strength (vs total coins) of the wallet not decreasing to much)

[cryptonit]

Hey,

Do you guys have a Windows daemon I could use for testing?

per default we compile no headless daemon for windows because all services we know run on linux
and compile their headless wallets themself

DMD v3 will be a new codebase testing now DMD v2 will not have any value for utilize DMD v3
for DMD v3 we will provide mode different precompiled wallet types to reach a broader audience

[cryptonit]

another step ahead in the ERC BSD DMD friendship is to be invited as partner into bitcoinsulting.eu

http://www.bitcoinsulting.eu/portfolio-bitcoinsulting-crypto-currency-decentralized-encrypted-payment

[cryptonit]

retweet: https://twitter.com/CryptonitDMD/status/852998608584663040