Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Diamond (DMD) Evolution v 2.0 | NEW wallet, 50% POS Active
by
MonkeyCoin11
on 17/01/2016, 14:25:21 UTC
Nobody can tell me what is the purpose of that "foundation fee on each block" ? Sad

its like 6 DMD a day and its funding upkeep of DMD Diamond infrastructure
and pay bounties for work done for DMD Diamond

in fact its way to low to really allow push ahead development but its enought to keep core elements up and running

the POW foundation share will be removed with next wallet and replaced by another similar mechanism thats not linked to POW
6 dmd / Day ? In code it is inserted in each block and 60s spacing for PoW and Pos, so it's more 6 dmd per hour ?
It means 114 dmd/Day and 3420 dmd / month
Or you cancel some tx after creation of block in code ?

average 100 sec a POW block and 0.01 DMD each block
is the actual setting

first learn read code befor claim wrong stuff please

or even better check the truth in blockchain
https://chainz.cryptoid.info/dmd/address.dws?dTZMqKTYGUwF3aLFx31anxsNKrtaWn6U3x.htm

since total coins 1000000
the foundation got    2315 DMD
so that like 200 DMD a month

thats below 100$

and we maintain website forum multiple network nodes
multipool domainnames

thats all just conserve the status quo

and now think also about promotions dev task that are outsources via bounties or $ payments
and and and

trust me this foundation support is no income source
it just lower the money sink that it is for us to work for u

learn to read code ? https://github.com/DMDcoin/Diamond/blob/master/src/main.cpp#L47 & https://github.com/DMDcoin/Diamond/blob/master/src/main.cpp#L48 maybe wrong comment and wrong name then, your dev should fix it.

Ok your reward changed, but you were earned 0.05 dmd until 1 million, so i was right.
I did not know you just did it on PoW, that's right.

Also i read code, and there is some stupidity in it:
https://github.com/DMDcoin/Diamond/blob/master/src/main.cpp#L4557 & https://github.com/DMDcoin/Diamond/blob/master/src/main.cpp#L4567
I suppose your dev can read it.

Not the only one i saw, but with your bounty you could maybe fix it...