Post
Topic
Board Announcements (Altcoins)
Re: DNotes 2.0 - 4/2/2018 Now Live
by
Brandon Cheliak
on 09/04/2018, 17:35:02 UTC

The DNotesVault Automatic Swap to DNotes 2.0 has been completed and no further action is required for DNotes that were held in the DNotesVault.

However, any DNotes held in other locations such as exchanges, or your own desktop wallet, will still need to be swapped for DNotes 2.0. Click here for swap instructions.

If you have any questions, please feel free to reach out to us at any time at contact@dnotescoin.com.

Thank you!



I logged in to DNotesVault and see that the deposit address is changed. So I guess the swap of my coins is done.

Question:

Will coins on Dnotesvault stake automatically, or we just lose staking opportunities by keeping our coins there?



Yep, all done.

The coins will not automatically stake in the DNotesVault. They will however receive CRISP reward (0.5% every 30 days for balances that remained at the same address for entirety of the 30 days).

I have to double check exact dates / blocks, but effectively no one will get the first CRISP payment as all balances have been moved.

If you would like to stake as well as receive CRISP, you will have to withdraw your DNotes from the DNotesVault.

We plan to release cold staking as soon as we can, once we do, that will allow DNotesVault users to stake and earn CRISP, while keeping their DNotes safely tucked away in the DNotesVault.




It does not sound good enough.

May I suggest to add staking on DNotesVault in the future? It should be easy to implement, and can help secure the network too.

That is exactly what Cold Staking will allow users to do.


I mean staking automatically on DNotesVault and users do not need to run their own wallets. Possible in the future?


I would have to vote against this. A widely decentralized network of nodes is vital to DNotes' security, so we need to provide additional incentive for node operators. Cold Staking from DNotesVault will allow people to keep their DNotes safely offline while earning an extra staking reward for providing the service of running a node and validating blocks.