Post
Topic
Board Announcements (Altcoins)
Re: DNotes 2.0 - Bridging the Gap Between the Centralized and Decentralized World
by
TeeGee
on 12/07/2017, 21:09:30 UTC
In reality, you can not fire a volunteer. They all believe that they have the best solution and often left the last 10% to 15% of the most challenging part unfinished. All the work-around and patch after patch lead to inefficiencies and confusions. We are committed to give DNotes 2.0 a clean start. That will give us the advantage to offer many apps we have in mind.    

Is this for real?  Huh I had no idea. When I read 'converting to 100% C#, I assumed a process-for-process, class-for-class port. I did not know that the existing code that DNotes, and many other alt-coin was based on, had any work-arounds or additional patches. And I was well beyond guessing that DNotes Global Inc was going to do a clean-slate rebuild and everything that implies.

This is such a major differentiation, and differentiation is recognised as critical in The Four Pillars of Business Success. I understand not hyping up things before they are ready to be delivered, but that doesn't mean you can't be clear, on your road map, about the extent to which you intend to improve DNotes.

This deserves a solid article and a video that specifically identifies some of the current work-arounds and patches being used by all alt-coins built on the same technology as DNotes. I think that this is especially prudent and valuable when so many people are trying to escape 'the cleaning' by finding a safe harbour in a cryptocurrency with a solid future.


Tim, it is for real. And that is not all. Think of having five employees, each speaking a different foreign language. They can still communicate but only through an interpreter.  Our preference is to use one language and in this case C#. Of course, it could have been C++, but that would limit us to the "elite" programmers - to give them some credit.

For DNotes to gain mass acceptance one day we consciously target two groups - 1) everyone worldwide - rich or poor; young or old, tech and non-tech, and male or female. 2) the business world - small or large corporations - with focus on ease of participation. Additionally, my book "Improve Your Odds - The Four Pillars of Business Success" with a chapter on the DNotes story is "a foot in the door". It helps when I have an immense experience and knowledge in new business start-ups and managing them successfully. Furthermore, I am genuinely committed to help reduce the high rate of business failures (80% + failed in the first 10 years). We truly want others to succeed and benefit in what we believe is the greatest technology revolution since the internet.

I always believe in a complete system approach. Doing parts of something and ignoring others while hoping that somehow everything will fall in place is just a wishful thinking more likely to fail than to succeed. DNotes is more than just a digital currency like Bitcoin. We constantly examine the opportunities and challenges confronting the currency, the ecosystems, and our industry as a whole.

Success in business is about identifying problems and challenges and exploit them as opportunities. Of course, it takes deep knowledge and skillful execution. We are very good at that. That is why we are confident that DNotes will be very successful and destined to lead our industry one day.



Very well said.

A cohesive and efficient means of development on open source is crucial for progression. Everything we are doing is the optimal way to stand the test of time in a nascent market dominated by speculator bubbles. Prices in this industry often rise much faster than they should, and go much too far. Retracements to more appropriate levels closer to actual value sentiment are common, and should be expected. These price bubbles have come and gone, and they WILL happen again. Regardless of price, our value proposition and offering will continue to rise, and it is only a matter of time until prices reflect that as people begin to take notice.

Many get caught up in the moment: prices today that often don't reflect the real current value, nor the future of a project. The price level before a system is complete, deployed, and does what it should is inconsequential to the price that reflects the value when the system is ready and in use. This is how an investor thinks, while speculators buy and sell depending on profit levels, and what they think everybody else is going to do - a psychology based on a buying and selling market, and not really based on intrinsic or enterprise value, whether now or in the future. Enterprise value takes creates and takes care of market price. Price does nothing to create enterprise value.

I'll single out but not name one particular currency - they've been a very high liquidity traded cryptocurrency of late, and are priced in the very low satoshi price range. The timing of their whitepapers appears to be a fabrication (claiming 2012, evidence points to 2014). None of their developers appear to be profiles of real people on their about page (since removed), and a large body of evidence points to their white paper timing fabrication being a means to hide a whopping >80% "ninja" style pre-mine, while a lot of Fear, Uncertainty, and Doubt and claimed evidence is being spread (whether legitimate or not) regarding their historical blockchain being faked.  The question must be asked: "would you trust this team?", and "what exactly does said coin offer that is unique, or creates any intrinsic value at all?".  I postulate nearly no actual value exists, yet many seem happy to trade the hell out of it regardless - that coin's central purpose on exchanges appears to act as a game of pump and dumping musical chairs, and that game clearly attracts a lot of participants on an asset arguably having very little intrinsic value.

These same traders do the same thing on every market - if that game is profitable with a probably garbage-grade coin, it is a profitable strategy in all markets with real investors believing in its long-term success. Only progression in creating real intrinsic value for mainstream use, and growth in longer-term market investors can escape this manipulation mentality and create a floor value & stability in the crypto space.