Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Diamond (DMD) Evolution v 2.0 | Hybrid Security | 25% PoS
by
cryptohunter
on 14/04/2017, 11:48:57 UTC
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.