Quote from: DNotes on January 30, 2018, 02:31:21 PM

Quote from: Denver Dan on January 30, 2018, 02:53:39 AM

Quote from: DNotes on January 30, 2018, 02:28:56 AM

Quote from: Denver Dan on January 30, 2018, 12:34:12 AM

A few questions to clarify a bit more. "2% is the target for the whole network. A target of 2% of total coins will be released as staking reward every year."

This 2% is based on coins in existence? So, approximately 131,300,000 (today) x .02 = 2,626,000 per year/total reward? Which is also the total inflation (plus CRISP rewards)?

From what I understand, this is a little less than what miners are getting right now? (Not necessarily a bad thing)

Do you feel this percentage is enough incentive for people to stake and secure the network?

I've read other coins are up to 10%. Different inflation model, but just curious your thoughts.

From what I read earlier, there will be no master nodes?

With the deferred/cold staking, could it be possible to do this from a mobile device?

Can we use our CRISP to stake with?

What are the terms for CRISP or penalties for withdraw from CRISP?

I think I know the answers to most of these, but I thought a little clarification would be good.

"This 2% is based on coins in existence? So, approximately 131,300,000 (today) x .02 = 2,626,000 per year/total reward? Which is also the total inflation (plus CRISP rewards)?"
Roughly speaking, yes. For inflation, yes, and would need to include CRISP.

"From what I understand, this is a little less than what miners are getting right now? (Not necessarily a bad thing)"
Correct, miners receive about 1,000,000 a month now. With 130,000,000 in distribution, the maximum reward, with everyone participating in every program to the fullest, it would be a bit less at around 900,000 initially.

"Do you feel this percentage is enough incentive for people to stake and secure the network?" & "I've read other coins are up to 10%. Different inflation model, but just curious your thoughts."
Yes! Especially when considering the less people that participate in staking, the higher the yield for the user.

"From what I read earlier, there will be no master nodes? "
Correct, initially, but that doesn't mean we won't ever have a master node or master node like concept to perform other functions.

"With the deferred/cold staking, could it be possible to do this from a mobile device?"
Not sure I understand the question correctly, but it's all possible, just may not be practical.

"Can we use our CRISP to stake with? "
The same coins will be available for staking as well as CRISP simultaneously. There may be some guidelines to follow to do this properly, and consequently a compounded long term scaling issue to address, but the short answer is yes. We are working to make it as seamless and the least technologically burdensome process possible given the requirements.

"What are the terms for CRISP or penalties for withdraw from CRISP?"
No penalties to speak of. If the coins are in the wallet, and have remained in the wallet for the required amount of time, you will receive the appropriate reward. 30 day and 365 day periods.

Thank you for the answers and clarity. How exciting. All those above mentioned are great benefits for DNotes currency holders. Just another part of the overall picture that will have DNotes noticed coming soon.

What I'm asking about the mobile staking is; From what I understand, we'll be able to stake from a wallet on our PC that holds no coins (QT or different version). It'll be connected to the vault. In order to stake though, we'll need to run this wallet on our PC full time (if we wanted the full rewards). This sometimes isn't always practical. Could this type of wallet be used on a mobile platform that is pretty much online the whole time?

Yes, mobile devices would certainly be capable of storing the blockchain and running a staking full node. There are certain considerations we will have to look into to create a high efficiency and light weight version for mobile devices.

Thank you Dan, for helping us to clarify our staking reward and CRISP reward. Together with the services DNotesVault is providing, this will indeed be one of the most valuable features available in our industry. We believe that it will be very beneficial to long-term investors. Ultimately, it will gain the support and participation of fund managers. We always believe in doing the right thing, even though it is often harder and takes longer to get there.