Diamond
DMD
#959
Diamond (DMD) is an open-source proof–of-work/proof-of-stake hybrid coin. Combines the features of other cryptocurrencies, for example, such as Bitcoin, Litecoin, Novacoin, Luckycoin (random block function) and Florincoin (support for transaction comments). In addition, the coin has low transaction fees, a fixed issue mode – 1 DMD per block for 8 years with a maximum issue volume of 4.38 million.
News about Diamond
DiamondDMD #959
11 Dec 2022, 09:47
🗣️ Wrapped Tokens - Would DMD Diamond Blockchain Support It?
One of the key offerings of DMD Diamond Blockchain is supporting interoperability across blockchains. That is where Wrapped Tokens come into place - a welcome solution for solving interoperability issues between blockchains, as more blockchains are coming into existence.
Wrapped tokens help to move assets across blockchains. They are also assets themselves - helping to transfer the value of a native asset from one blockchain to another. An example of the wrapped token is WBTC (wrapped bitcoin) on ERC-20 or TRC-20 tokens, hence could be used and traded on the Ethereum and Tron blockchains.
More below👇
Wrapped Tokens - Would DMD Diamond Blockchain Support It.🗣️ Wrapped Tokens - Would DMD Diamond Blockchain Support It?
One of the key offerings of DMD Diamond Blockchain is supporting interoperability across blockchains. That is where Wrapped Tokens come into place - a welcome solution for solving interoperability issues between blockchains, as more blockchains are coming into existence.
Wrapped tokens help to move assets across blockchains. They are also assets themselves - helping to transfer the value of a native asset from one blockchain to another. An example of the wrapped token is WBTC (wrapped bitcoin) on ERC-20 or TRC-20 tokens, hence could be used and traded on the Ethereum and Tron blockchains.
More below👇
DiamondDMD #959
07 Dec 2022, 06:55
🗣️ On-chain Data Analyst Predicts A Bullish Push For Bitcoin.
A recent interview conducted by Giovanni Pigni - a video journalist at Cointelegraph with Will Clemente - an on-chain data analyst, juxtaposed how on-chain data present reasons to be bullish on Bitcoin.
First off, Will Clemente justifies his assertion by emphasizing how long-term holders of Bitcoin reached an all-time high despite declining profitability - even to an extent of an all-time low. He further established that long-term holders hold bitcoin heavily into the bear market, of which they distribute their holdings to new market entrants in the bull market.
More below👇
On-chain Data Analyst Predicts A Bullish Push For Bitcoin.🗣️ On-chain Data Analyst Predicts A Bullish Push For Bitcoin.
A recent interview conducted by Giovanni Pigni - a video journalist at Cointelegraph with Will Clemente - an on-chain data analyst, juxtaposed how on-chain data present reasons to be bullish on Bitcoin.
First off, Will Clemente justifies his assertion by emphasizing how long-term holders of Bitcoin reached an all-time high despite declining profitability - even to an extent of an all-time low. He further established that long-term holders hold bitcoin heavily into the bear market, of which they distribute their holdings to new market entrants in the bull market.
More below👇
DiamondDMD #959
01 Dec 2022, 10:36
🗣️ DMD Diamond Blockchain Updates For November ✨✨
Dear community,
Here are the developments that happened on our blockchain in November 👇
1️⃣ Our bridges between Telegram, Discord, and Slack were optimized back to normal following a test of bridges.
2️⃣ DMD/ETH trading pair was removed from the P2PB2P exchange due to liquidity issues from the market side, and we advocated the community to increase orders and trading volume in the order books of DMD/BTC and DMD/USDT to avoid liquidity issues there too in the future.
3️⃣ We are working on a new big upgrade that pulls together the new RNG Feature in the contract, Performance Improvements of the Node Software & Support of the RNG Feature, Solidity Upgrade to 0.8.17, Hbbft Epoch Reward Implementation, and Networking Upgrades.
More below 👇
DMD Diamond Blockchain Updates For November. Dear community,.🗣️ DMD Diamond Blockchain Updates For November ✨✨
Dear community,
Here are the developments that happened on our blockchain in November 👇
1️⃣ Our bridges between Telegram, Discord, and Slack were optimized back to normal following a test of bridges.
2️⃣ DMD/ETH trading pair was removed from the P2PB2P exchange due to liquidity issues from the market side, and we advocated the community to increase orders and trading volume in the order books of DMD/BTC and DMD/USDT to avoid liquidity issues there too in the future.
3️⃣ We are working on a new big upgrade that pulls together the new RNG Feature in the contract, Performance Improvements of the Node Software & Support of the RNG Feature, Solidity Upgrade to 0.8.17, Hbbft Epoch Reward Implementation, and Networking Upgrades.
More below 👇
DiamondDMD #959
29 Nov 2022, 14:32
🗣️ Amidst Calls To Develop Regulatory Framework For Crypto Industry, Releasing Proof of Reserves (PoR) Audits Appears To Be A Good Start!
The recent FTX breakdown has arguably increased the call to develop a sustainable regulatory framework for the crypto industry. While some are in support, others are against it - as they believe crypto self-regulates itself, and any effort should be directed towards the betterment of characters in the crypto industry.
However, amidst the calls, a new practice has surfaced over the recent weeks where centralized exchanges release their Proof of Reserves (PoR) - an alternative to showcase transparency in absence of clear regulations. PoR is an independent audit outsourced to a third party to ascertain if a custodian holds assets it claims to own on behalf of its clients.
More below👇
Amidst Calls To Develop Regulatory Framework For Crypto Industry, Releasing Proof of Reserves (PoR) Audits Appears To Be A Good🗣️ Amidst Calls To Develop Regulatory Framework For Crypto Industry, Releasing Proof of Reserves (PoR) Audits Appears To Be A Good Start!
The recent FTX breakdown has arguably increased the call to develop a sustainable regulatory framework for the crypto industry. While some are in support, others are against it - as they believe crypto self-regulates itself, and any effort should be directed towards the betterment of characters in the crypto industry.
However, amidst the calls, a new practice has surfaced over the recent weeks where centralized exchanges release their Proof of Reserves (PoR) - an alternative to showcase transparency in absence of clear regulations. PoR is an independent audit outsourced to a third party to ascertain if a custodian holds assets it claims to own on behalf of its clients.
More below👇
DiamondDMD #959
23 Nov 2022, 15:25
🗣 Can the Government/Regulators Mediate Future Crypto Crashes?
Beyond the recent FTX meltdown's consequences on the crypto market, many have queried why there haven't been signs of maturity around creating a sustainable framework for regulating crypto, following many unprecedented cryptocurrency crashes.
Some have suggested government and regulators should come into action to provide regulatory frameworks that protect investors, stakers, and validators, among others within the crypto ecosystem and ensures their financial stability at all times, without halting innovations and nurturing the attractive use-cases brought forward by the crypto asset industry.
More below👇
Can the Government/Regulators Mediate Future Crypto Crashes.🗣 Can the Government/Regulators Mediate Future Crypto Crashes?
Beyond the recent FTX meltdown's consequences on the crypto market, many have queried why there haven't been signs of maturity around creating a sustainable framework for regulating crypto, following many unprecedented cryptocurrency crashes.
Some have suggested government and regulators should come into action to provide regulatory frameworks that protect investors, stakers, and validators, among others within the crypto ecosystem and ensures their financial stability at all times, without halting innovations and nurturing the attractive use-cases brought forward by the crypto asset industry.
More below👇
DiamondDMD #959
17 Nov 2022, 12:32
🗣 FTX Meltdown - Triggering The Need For More and Adoption Rates Of Decentralised Crypto Exchanges 💫
FTX - a centralized crypto exchange breakdown has arguably reminded us of the need to shift away from the centralized structure of crypto exchanges. That's where decentralized exchanges come in, serving as an alternative to solving the challenges with centralized crypto exchanges and markets.
In a recent tweet by Jonah Van Bourg - the Cumberland's Head of Trading emphasized the need why the crypto market structure needed to mirror foreign exchange markets whose assets and capital aren't on centralized exchanges. He emphasized further that digital assets should reside in infinite silos around the world, while the roles of custody, settlement, lending, and most importantly liquidity should be offered by an array of intermediary nodes and providers in an interconnected but non-interdependent web.
More below 👇
FTX Meltdown - Triggering The Need For More and Adoption Rates Of Decentralised Crypto Exchanges.🗣 FTX Meltdown - Triggering The Need For More and Adoption Rates Of Decentralised Crypto Exchanges 💫
FTX - a centralized crypto exchange breakdown has arguably reminded us of the need to shift away from the centralized structure of crypto exchanges. That's where decentralized exchanges come in, serving as an alternative to solving the challenges with centralized crypto exchanges and markets.
In a recent tweet by Jonah Van Bourg - the Cumberland's Head of Trading emphasized the need why the crypto market structure needed to mirror foreign exchange markets whose assets and capital aren't on centralized exchanges. He emphasized further that digital assets should reside in infinite silos around the world, while the roles of custody, settlement, lending, and most importantly liquidity should be offered by an array of intermediary nodes and providers in an interconnected but non-interdependent web.
More below 👇
DiamondDMD #959
12 Nov 2022, 14:46
Exchange Tokens - What Are They and Their Risks?
Read👇
Exchange Tokens - What Are They and Their Risks.Exchange Tokens - What Are They and Their Risks?
Read👇
https://dmd-diamond.medium.com/exchange-tokens-what-are-they-and-their-risks-662190effe6
DiamondDMD #959
07 Nov 2022, 10:16
🗣 Adoption Of Cryptocurrency Payments On Twitter - What's The Fate Of DMD Diamond Coin?
The recent acquisition of Twitter by Elon Musk - one of the major supporters and influencers of things around cryptocurrency, has brought a lot of speculation about the adoption of crypto payments on Twitter.
This is because Elon Musk is regarded as a self-proclaimed leader of Dogecoin. Hence, he could initiate Dogecoin payments for Twitter blue services. There are reports that he shall do so. Because of that report only, the meme coin - Dogecoin surged by nearly 70% within mere hours in the last couple of days.
It's a no-brainer that Elon Musk's acquisition of Twitter is for more for-profit reasons. Within his recent acquisition of Twitter, you could only get your account a verified badge henceforth on Twitter only when you subscribe to a monthly fee of $8. Something that was a free service before.
More below 👇
Adoption Of Cryptocurrency Payments On Twitter - What's The Fate Of DMD Diamond Coin.🗣 Adoption Of Cryptocurrency Payments On Twitter - What's The Fate Of DMD Diamond Coin?
The recent acquisition of Twitter by Elon Musk - one of the major supporters and influencers of things around cryptocurrency, has brought a lot of speculation about the adoption of crypto payments on Twitter.
This is because Elon Musk is regarded as a self-proclaimed leader of Dogecoin. Hence, he could initiate Dogecoin payments for Twitter blue services. There are reports that he shall do so. Because of that report only, the meme coin - Dogecoin surged by nearly 70% within mere hours in the last couple of days.
It's a no-brainer that Elon Musk's acquisition of Twitter is for more for-profit reasons. Within his recent acquisition of Twitter, you could only get your account a verified badge henceforth on Twitter only when you subscribe to a monthly fee of $8. Something that was a free service before.
More below 👇
DiamondDMD #959
01 Nov 2022, 09:28
🗣️ DMD Diamond Blockchain Updates For October ✨✨
Dear community,
Here are the developments that happened on our blockchain in October 👇
1️⃣ Our ecosystem recorded another huge performance improvement - up to 50%, and also progress in the area of Partner Nodes tracking and finalizing the Smart Contracts. Working on boosting the performance to improve the transaction throughput by another 300%, although it would take a while to achieve. Every day, we are many steps closer to the Open Beta release early next year
2️⃣ We made further progress modernizing the diamond contracts to the latest state-of-the-art principles, made the first proof of concept for the next iteration of performance improvements for the diamond-node Software, and released a demo NFT implementation for our random numbers system that can be found here:
More below 👇
DMD Diamond Blockchain Updates For October. Dear community,.🗣️ DMD Diamond Blockchain Updates For October ✨✨
Dear community,
Here are the developments that happened on our blockchain in October 👇
1️⃣ Our ecosystem recorded another huge performance improvement - up to 50%, and also progress in the area of Partner Nodes tracking and finalizing the Smart Contracts. Working on boosting the performance to improve the transaction throughput by another 300%, although it would take a while to achieve. Every day, we are many steps closer to the Open Beta release early next year
2️⃣ We made further progress modernizing the diamond contracts to the latest state-of-the-art principles, made the first proof of concept for the next iteration of performance improvements for the diamond-node Software, and released a demo NFT implementation for our random numbers system that can be found here: https://github.com/DMDcoin/diamond-randomness-system-demo-nft
More below 👇
DiamondDMD #959
29 Oct 2022, 12:08
🗣 Blockchain Hacks - How DMD Diamond Blockchain Safeguards The Ecosystem From Cyber Hacks? 👏💫
The inherent security brought about by Blockchain technology has continued to revolutionize our traditional ways of financial obligations and information transmissions. All thanks to cryptographic protocols and primitives - that support and secure the blockchain ecosystem.
However, blockchains are still prone to attacks by cybercriminals - people with an entire mindset to exploit the system for their financial gains. Cryptocurrency projects today are getting hacked. Scammers are setting up rug pulls to steal from crypto investors.
According to data reported by Slowmist Hacked - a database that compiles information on disclosed attacks against blockchain projects, a total of 871 hack events have been recorded so far. That has amounted to a loss of over 28 billion dollars.
More below👇
Blockchain Hacks - How DMD Diamond Blockchain Safeguards The Ecosystem From Cyber Hacks.🗣 Blockchain Hacks - How DMD Diamond Blockchain Safeguards The Ecosystem From Cyber Hacks? 👏💫
The inherent security brought about by Blockchain technology has continued to revolutionize our traditional ways of financial obligations and information transmissions. All thanks to cryptographic protocols and primitives - that support and secure the blockchain ecosystem.
However, blockchains are still prone to attacks by cybercriminals - people with an entire mindset to exploit the system for their financial gains. Cryptocurrency projects today are getting hacked. Scammers are setting up rug pulls to steal from crypto investors.
According to data reported by Slowmist Hacked - a database that compiles information on disclosed attacks against blockchain projects, a total of 871 hack events have been recorded so far. That has amounted to a loss of over 28 billion dollars.
More below👇
DiamondDMD #959
25 Oct 2022, 10:48
🗣 How To Collaborate With DMD Diamond Blockchain 💫
All thanks to DMD diamond blockchain that provides an ecosystem that allows third party projects on top of it - benefiting from unique features of HBBFT algorithm, EVM-based smart contract system, high throughput, cheaper transaction cost, and lots more.
These unique use-cases have arguably brought a lot of traction for collaboration with our ecosystem. However, many are still stuck on the way forward to kick starting their association with us.
Before explaining how you could go ahead collaborating with us, It's necessary to make an assertion that - DMD diamond blockchain is a community driven ecosystem. Meaning, every member of our community is welcome to contribute to the growth of our blockchain.
More below👇
How To Collaborate With DMD Diamond Blockchain.🗣 How To Collaborate With DMD Diamond Blockchain 💫
All thanks to DMD diamond blockchain that provides an ecosystem that allows third party projects on top of it - benefiting from unique features of HBBFT algorithm, EVM-based smart contract system, high throughput, cheaper transaction cost, and lots more.
These unique use-cases have arguably brought a lot of traction for collaboration with our ecosystem. However, many are still stuck on the way forward to kick starting their association with us.
Before explaining how you could go ahead collaborating with us, It's necessary to make an assertion that - DMD diamond blockchain is a community driven ecosystem. Meaning, every member of our community is welcome to contribute to the growth of our blockchain.
More below👇
DiamondDMD #959
21 Oct 2022, 07:16
In the crypto market sizing report (2021 and 2022) forecast, it was speculated that the number of global crypto owners should reach 1 billion by the year-end of 2022. Then, what does the future holds for DMD diamond coins?
Read👇
In the crypto market sizing report (2021 and 2022) forecast, it was speculated that the number of global crypto owners should reIn the crypto market sizing report (2021 and 2022) forecast, it was speculated that the number of global crypto owners should reach 1 billion by the year-end of 2022. Then, what does the future holds for DMD diamond coins?
Read👇
https://dmd-diamond.medium.com/mass-crypto-adoption-whats-the-future-of-dmd-diamond-coins-e81f0629c88
DiamondDMD #959
18 Oct 2022, 14:23
Join us this upcoming November 7th at the Blockchain and Cryptocurrency Summit, where our Chief Visionary Officer - Helmut Siedl, would journey us through the "Technical Explanation Advantages of a Cooperative Consensus Blockchain".
It's interesting to tell you what DMD Diamond V4 features would be discussed.
Come one, Come All, while you also get the avenue to ask questions and clarifications regarding DMD Diamond Blockchain.
Time: 14:00 Central European Time
To join the conference by 7th November 2022, click the link below 👇
Thanks!
Join us this upcoming November 7th at the Blockchain and Cryptocurrency Summit, where our Chief Visionary Officer - Helmut SiedlJoin us this upcoming November 7th at the Blockchain and Cryptocurrency Summit, where our Chief Visionary Officer - Helmut Siedl, would journey us through the "Technical Explanation Advantages of a Cooperative Consensus Blockchain".
It's interesting to tell you what DMD Diamond V4 features would be discussed.
Come one, Come All, while you also get the avenue to ask questions and clarifications regarding DMD Diamond Blockchain.
Time: 14:00 Central European Time
To join the conference by 7th November 2022, click the link below 👇
https://logytalks.com/fill-guest-details/d004a917-2f27-4427-a9ae-6c0d08d89b69-1666097600
Thanks!
DiamondDMD #959
17 Oct 2022, 07:26
🗣 CC0 NFTs - A Game Changer In The NFT Space
Non-Fungible Tokens (NFTs) have arguably brought a lot of traction to blockchain technology. Over the years, it has proven to be the remedy for digital ownership and intellectual property bottlenecks.
That has led to enormous revenue opportunities for non-fungible token holders - by allowing creators, brands, and businesses to utilize their NFT artwork for a fee. Furthermore, brands, creators and NFT collections could also make use of NFT images as a brand-building exercise, following permission from the main NFT holder. That's how disruptive NFTs are in the industry.
However, a new class of NFTs termed CC0 NFTs, has taken the NFT spaces by storm. From 2021 till date, significant NFT projects have modelled the CC0 route. Projects like Nouns, Cryptoadz, Moonbirds, Cryptoteddies and, Loot, amongst others.
More below 👇
CC0 NFTs - A Game Changer In The NFT Space.🗣 CC0 NFTs - A Game Changer In The NFT Space
Non-Fungible Tokens (NFTs) have arguably brought a lot of traction to blockchain technology. Over the years, it has proven to be the remedy for digital ownership and intellectual property bottlenecks.
That has led to enormous revenue opportunities for non-fungible token holders - by allowing creators, brands, and businesses to utilize their NFT artwork for a fee. Furthermore, brands, creators and NFT collections could also make use of NFT images as a brand-building exercise, following permission from the main NFT holder. That's how disruptive NFTs are in the industry.
However, a new class of NFTs termed CC0 NFTs, has taken the NFT spaces by storm. From 2021 till date, significant NFT projects have modelled the CC0 route. Projects like Nouns, Cryptoadz, Moonbirds, Cryptoteddies and, Loot, amongst others.
More below 👇
DiamondDMD #959
08 Oct 2022, 05:54
🗣 How To Migrate From DMDv3 to DMDv4 After Launching✨✨
When DMDv4 gets launched, a common question expected from the community is how to efficiently transit from DMDv3 to DMDv4 - without losing your former coins. Over the years of our blockchain existence, being community-centric is one of our competitive advantages, and we would not afford to jeopardise the trust of the community in our ecosystem.
All DMDv3 coin holders are eligible to claim an equal amount on DMDv4 within the claiming period or else, your coin would return into a pool of coins in circulation. Therefore, the proof of ownership of DMDv3 serves as eligibility for the address holder to claim an equal amount of DMDv4 coins.
However, it should be noted that the claiming of DMDv4 coins can't change anything on the DMDv3 chain - as what you're doing isn't technically a swap, but just an entitlement to claim the equivalent DMDv4 coins. Once your address claimed the DMDv4 equivalent coins, you cannot repeat using the same address again.
More 👇
How To Migrate From DMDv3 to DMDv4 After Launching.🗣 How To Migrate From DMDv3 to DMDv4 After Launching✨✨
When DMDv4 gets launched, a common question expected from the community is how to efficiently transit from DMDv3 to DMDv4 - without losing your former coins. Over the years of our blockchain existence, being community-centric is one of our competitive advantages, and we would not afford to jeopardise the trust of the community in our ecosystem.
All DMDv3 coin holders are eligible to claim an equal amount on DMDv4 within the claiming period or else, your coin would return into a pool of coins in circulation. Therefore, the proof of ownership of DMDv3 serves as eligibility for the address holder to claim an equal amount of DMDv4 coins.
However, it should be noted that the claiming of DMDv4 coins can't change anything on the DMDv3 chain - as what you're doing isn't technically a swap, but just an entitlement to claim the equivalent DMDv4 coins. Once your address claimed the DMDv4 equivalent coins, you cannot repeat using the same address again.
More 👇
DiamondDMD #959
02 Oct 2022, 05:48
Dear community,
Here's a link to what happened around our blockchain within September 👇
#dmddiamondblockchain
#blockchain
#blockchainnews
#Smartcontract
#blockchaintechnology
Dear community,. Here's a link to what happened around our blockchain within September. #dmddiamondblockchain. #blockchain.Dear community,
Here's a link to what happened around our blockchain within September 👇
https://t.co/sCXvZg6Rjf
#dmddiamondblockchain
#blockchain
#blockchainnews
#Smartcontract
#blockchaintechnology
DiamondDMD #959
02 Oct 2022, 05:21
🗣️ DMD Diamond Blockchain Updates For September ✨✨
1️⃣ A new member joined the team to speed up the development time towards DMD v4 open beta. Evidence of changes are on our GitHub -
2️⃣ We completed the first version of the performance analyzing tools, and found 3 additional improvements. The one that slightly reduces CPU load and strongly reduces network usage, is currently being worked on.
3️⃣ With a dedicated smart contract developer joining us, we started working on the smart contracts again and are about to upgrade them to the newest solidity version 0.8.17.
More below 👇
DMD Diamond Blockchain Updates For September.🗣️ DMD Diamond Blockchain Updates For September ✨✨
1️⃣ A new member joined the team to speed up the development time towards DMD v4 open beta. Evidence of changes are on our GitHub - https://github.com/DMDcoin/
2️⃣ We completed the first version of the performance analyzing tools, and found 3 additional improvements. The one that slightly reduces CPU load and strongly reduces network usage, is currently being worked on.
3️⃣ With a dedicated smart contract developer joining us, we started working on the smart contracts again and are about to upgrade them to the newest solidity version 0.8.17.
More below 👇
DiamondDMD #959
29 Sep 2022, 05:31
The Honey Badger Byzantine Fault Tolerant (HBBFT) protocol offers consensus without competition, shares rewards between validators, and makes our network more distributed and democratised. To know How it safeguard against attacks on our system? Read👇
The Honey Badger Byzantine Fault Tolerant (HBBFT) protocol offers consensus without competition, shares rewards between validatoThe Honey Badger Byzantine Fault Tolerant (HBBFT) protocol offers consensus without competition, shares rewards between validators, and makes our network more distributed and democratised. To know How it safeguard against attacks on our system? Read👇
https://t.co/bPpIlVj1si
DiamondDMD #959
25 Sep 2022, 07:25
How HBBFT Consensus Algorithm Guard Against Attacks on DMD Diamond Blockchain
With the mission of DMD diamond blockchain to provide solutions to industry challenges like low transaction throughput, high Carbon footprint, delayed transaction finality and all, we found it necessary to adopt a sustainable consensus that provide the best efficiency above what's currently obtainable in the industry, and hence the adoption of a cooperative consensus - HBBFT algorithm combined with a dPOS node election decentralisation mechanics (POSDAO).
The Honey Badger Byzantine Fault Tolerant (HBBFT) protocol offers
consensus without competition, shares rewards between validators, and making our network more distributed and democratised.
More below👇
How HBBFT Consensus Algorithm Guard Against Attacks on DMD Diamond Blockchain.How HBBFT Consensus Algorithm Guard Against Attacks on DMD Diamond Blockchain
With the mission of DMD diamond blockchain to provide solutions to industry challenges like low transaction throughput, high Carbon footprint, delayed transaction finality and all, we found it necessary to adopt a sustainable consensus that provide the best efficiency above what's currently obtainable in the industry, and hence the adoption of a cooperative consensus - HBBFT algorithm combined with a dPOS node election decentralisation mechanics (POSDAO).
The Honey Badger Byzantine Fault Tolerant (HBBFT) protocol offers
consensus without competition, shares rewards between validators, and making our network more distributed and democratised.
More below👇
DiamondDMD #959
22 Sep 2022, 10:47
Another yet, unique use-cases DMD diamond blockchain is bringing forward is - Unique Diamonds Project, that features an NFT smith, an NFT Marketplace and a DMD-themed NFT collector experience.
Learn more 👇
#dmddiamondblockchain #nft #BlockchainGaming
Another yet, unique use-cases DMD diamond blockchain is bringing forward is - Unique Diamonds Project, that features an NFT smitAnother yet, unique use-cases DMD diamond blockchain is bringing forward is - Unique Diamonds Project, that features an NFT smith, an NFT Marketplace and a DMD-themed NFT collector experience.
Learn more 👇
https://t.co/nTFgYk2sEk
#dmddiamondblockchain #nft #BlockchainGaming
DiamondDMD #959
22 Sep 2022, 10:31
Eager to know all about the Unique Diamonds Project? Click the link below to head on to our medium article on it! 👇
Eager to know all about the Unique Diamonds Project. Click the link below to head on to our medium article on it.Eager to know all about the Unique Diamonds Project? Click the link below to head on to our medium article on it! 👇
https://dmd-diamond.medium.com/what-you-should-know-about-unique-diamonds-project-e4b8b1658390
DiamondDMD #959
14 Sep 2022, 09:17
🗣️ The Concept of Staking and Transaction's Validation on DMD Diamond Blockchain. What you should know!
Staking and Validation of transactions are two unseparated lingos when it comes to blockchain operability, and DMD diamond blockchain isn't an exception. While some blockchains (like Bitcoin) aren't using staking and validation principles of transactions, all due to using Proof of Work consensus (PoW), others (like DMD diamond blockchain) uses Proof of Stake consensus (PoS) that permit staking and validator nodes to validate transactions made on such blockchain.
In those blockchains that use Proof of Work Consensus (PoW), highly exorbitant processing power is used in validating transactions. Miners compete to solve a cryptographic puzzle. The first to solve the puzzle becomes the winner, and earns the right to add the latest “block” of verified transactions onto such blockchain, and inturn, get incentivized with some crypto.
More below 👇
The Concept of Staking and Transaction's Validation on DMD Diamond Blockchain. What you should know.🗣️ The Concept of Staking and Transaction's Validation on DMD Diamond Blockchain. What you should know!
Staking and Validation of transactions are two unseparated lingos when it comes to blockchain operability, and DMD diamond blockchain isn't an exception. While some blockchains (like Bitcoin) aren't using staking and validation principles of transactions, all due to using Proof of Work consensus (PoW), others (like DMD diamond blockchain) uses Proof of Stake consensus (PoS) that permit staking and validator nodes to validate transactions made on such blockchain.
In those blockchains that use Proof of Work Consensus (PoW), highly exorbitant processing power is used in validating transactions. Miners compete to solve a cryptographic puzzle. The first to solve the puzzle becomes the winner, and earns the right to add the latest “block” of verified transactions onto such blockchain, and inturn, get incentivized with some crypto.
More below 👇
DiamondDMD #959
08 Sep 2022, 13:04
Take a look about the out the outcome of our recent foundation meeting 👇
Take a look about the out the outcome of our recent foundation meeting.Take a look about the out the outcome of our recent foundation meeting 👇
https://t.co/kEDNKQ9XVl
DiamondDMD #959
08 Sep 2022, 12:39
🗣 An Overview of Our Foundation Meeting Some Weeks Back
Dear community,
With our utmost priority to make DMD diamond blockchain sustainable and for future transition to completely a DAO, below are some good news from our last meeting - that would revolutionize our way of operations and more.
First off, our former CEO of diamond foundation - Alex, declared his full support and focus on the task Organice. He also promised to fund a professional, reputable team to make a code review of pre-dmd V4 release. All thanks to Alex who took up these very important tasks. This means we would be able to test run every DMD v4 code, diagnose any sort of bugs, and address them pre-dmd v4 launch. Hurray!🎉
More below👇
An Overview of Our Foundation Meeting Some Weeks Back. Dear community,.🗣 An Overview of Our Foundation Meeting Some Weeks Back
Dear community,
With our utmost priority to make DMD diamond blockchain sustainable and for future transition to completely a DAO, below are some good news from our last meeting - that would revolutionize our way of operations and more.
First off, our former CEO of diamond foundation - Alex, declared his full support and focus on the task Organice. He also promised to fund a professional, reputable team to make a code review of pre-dmd V4 release. All thanks to Alex who took up these very important tasks. This means we would be able to test run every DMD v4 code, diagnose any sort of bugs, and address them pre-dmd v4 launch. Hurray!🎉
More below👇
DiamondDMD #959
31 Aug 2022, 09:13
🗣️ DMD Diamond Blockchain Updates For August✨✨
1️⃣ Alpha testnet sized down and was under control by only the nodes managed by the alpha testers. No stalls or whatsoever subsequently.
2️⃣ A new temporary network was set up for performance and stability tests. During these tests the UIs for the performance test network were available:
Blockscout :
Diamond UI:
3️⃣ The stability and performance tests showed great stability. The performance test features that the network produces large blocks if there is a lot of load, and small fast blocks if there is low load, and no blocks (beside a 10 minute heartbeat) if there is no load.
More below 👇
DMD Diamond Blockchain Updates For August.🗣️ DMD Diamond Blockchain Updates For August✨✨
1️⃣ Alpha testnet sized down and was under control by only the nodes managed by the alpha testers. No stalls or whatsoever subsequently.
2️⃣ A new temporary network was set up for performance and stability tests. During these tests the UIs for the performance test network were available:
Blockscout : http://38.242.206.143:81
Diamond UI: http://38.242.206.143:82
3️⃣ The stability and performance tests showed great stability. The performance test features that the network produces large blocks if there is a lot of load, and small fast blocks if there is low load, and no blocks (beside a 10 minute heartbeat) if there is no load.
More below 👇
DiamondDMD #959
28 Aug 2022, 07:36
🗣️ Tips To Prevent Losing Coins Following The Launch of DMD v4.✨✨
We continue to boost a community-driven project since the inception of our ecosystem. Over the years, you've placed your trust on the blockchain, and we won't also jeopardize your presence here. The reason we try to offer you value every time.
When DMD v4 comes into launch fully, DMD v3 coin holders would have the opportunity to claim the v4 coins in a ratio of 1 to 1. Meaning, for your 1 DMD v3 coin, you get an equivalent of 1 DMD v4 coin once you claim it.
Below are tips to prevent losing your coins following our upgrade to V4:
1️⃣ As a DMD v3 coin holder, do claim the equivalent DMD v4 coins within 3 months following the date of the mainnet launch.
2️⃣ When you claim your coin between a period of 3-6 months post mainnet launch, you are only entitled to 75% of the initial coin as your new v4 coin, while the remaining 25% would gradually be reinserted into circulation as Epoch rewards and DAO project funds.
Tips To Prevent Losing Coins Following The Launch of DMD v4.🗣️ Tips To Prevent Losing Coins Following The Launch of DMD v4.✨✨
We continue to boost a community-driven project since the inception of our ecosystem. Over the years, you've placed your trust on the blockchain, and we won't also jeopardize your presence here. The reason we try to offer you value every time.
When DMD v4 comes into launch fully, DMD v3 coin holders would have the opportunity to claim the v4 coins in a ratio of 1 to 1. Meaning, for your 1 DMD v3 coin, you get an equivalent of 1 DMD v4 coin once you claim it.
Below are tips to prevent losing your coins following our upgrade to V4:
1️⃣ As a DMD v3 coin holder, do claim the equivalent DMD v4 coins within 3 months following the date of the mainnet launch.
2️⃣ When you claim your coin between a period of 3-6 months post mainnet launch, you are only entitled to 75% of the initial coin as your new v4 coin, while the remaining 25% would gradually be reinserted into circulation as Epoch rewards and DAO project funds.
DiamondDMD #959
25 Aug 2022, 06:51
🗣️ How DMD Diamond Blockchain Ecosystem Could Have Limited Amount of Coins And Still Endless Epoch Rewards For Validators?
DMD diamond blockchain uses the "4 coin pot" system in the distribution of its tokens - tokenomics. They include the Claiming Pot, Delta Pot, Reinsert Pot, and the Governance Pot.
While the Claiming Pot helps DMDv3 coin holders to claim new DMD coins that run on v4 network in a 1:1 ratio to their v3 snapshot balance, the Governance Pot stores some percentage of unclaimed coins. In addition to the Governance Pot, a 10% of Epoch rewards continuously fill the DAO Pot - which help the DAO to function when it comes to voting regarding the project, marketing, and granting/funding third party projects.
What would make the DMD diamond blockchain ecosystem to have endless Epoch rewards for validators, while having limited total amount of 4.38 million v4 coins is centered on the "Reinsert and the Delta Pots".
More below 👇
How DMD Diamond Blockchain Ecosystem Could Have Limited Amount of Coins And Still Endless Epoch Rewards For Validators.🗣️ How DMD Diamond Blockchain Ecosystem Could Have Limited Amount of Coins And Still Endless Epoch Rewards For Validators?
DMD diamond blockchain uses the "4 coin pot" system in the distribution of its tokens - tokenomics. They include the Claiming Pot, Delta Pot, Reinsert Pot, and the Governance Pot.
While the Claiming Pot helps DMDv3 coin holders to claim new DMD coins that run on v4 network in a 1:1 ratio to their v3 snapshot balance, the Governance Pot stores some percentage of unclaimed coins. In addition to the Governance Pot, a 10% of Epoch rewards continuously fill the DAO Pot - which help the DAO to function when it comes to voting regarding the project, marketing, and granting/funding third party projects.
What would make the DMD diamond blockchain ecosystem to have endless Epoch rewards for validators, while having limited total amount of 4.38 million v4 coins is centered on the "Reinsert and the Delta Pots".
More below 👇
DiamondDMD #959
20 Aug 2022, 17:13
Read How DMD Diamond Blockchain DAO Serves As A Glad Tiding To Third Party Projects And Our Members 👇
Read How DMD Diamond Blockchain DAO Serves As A Glad Tiding To Third Party Projects And Our Members.Read How DMD Diamond Blockchain DAO Serves As A Glad Tiding To Third Party Projects And Our Members 👇
https://dmd-diamond.medium.com/%EF%B8%8F-dmd-diamond-blockchain-dao-a-glad-tiding-to-third-party-projects-and-our-members-e15e0921ad9c
DiamondDMD #959
13 Aug 2022, 14:39
🗣️ Total Decentralisation of DMD Diamond Blockchain - A Benefit from DAO ✨✨
At the moment, the ecosystem is voluntarily community-driven. When the DMD diamond blockchain finally transits into a decentralised autonomous organisation (DAO) with the upcoming v4.1 upgrade, total decentralisation of our ecosystem would be a no brainer.
This means that our members - stakeholders or validator node operators would solely have influences on the development of the blockchain, and every validators/deligators would be incentivized based on their staked coins. They would have the rights from making proposals, to voting rights, to granting approvals for funding projects, etc.
You may be wondering how transiting to DAO brings total decentralisation to our activities on the blockchain. Stay tuned why we navigate you through one of them.
More below 👇
Total Decentralisation of DMD Diamond Blockchain - A Benefit from DAO.🗣️ Total Decentralisation of DMD Diamond Blockchain - A Benefit from DAO ✨✨
At the moment, the ecosystem is voluntarily community-driven. When the DMD diamond blockchain finally transits into a decentralised autonomous organisation (DAO) with the upcoming v4.1 upgrade, total decentralisation of our ecosystem would be a no brainer.
This means that our members - stakeholders or validator node operators would solely have influences on the development of the blockchain, and every validators/deligators would be incentivized based on their staked coins. They would have the rights from making proposals, to voting rights, to granting approvals for funding projects, etc.
You may be wondering how transiting to DAO brings total decentralisation to our activities on the blockchain. Stay tuned why we navigate you through one of them.
More below 👇
DiamondDMD #959
06 Aug 2022, 13:24
🗣️ What's a Decentralised Autonomous Organisation (DAO)?
After mainnet release, DMD v4.1 upgrade would come with transition to the Decentralised Autonomous Organisation (DAO). The core content of the upgrade would be an on-chain governance system that interacts with the POSDAO for voting rights.
So, what's Decentralised Autonomous Organisation (DAO)?
DAO is a decentralised organisation that functions autonomously and is governed by a set of computer (smart contract) codes and programs. The written smart contract codes run on a blockchain. They are responsible for powering the governing system of a DAO, without any form of intervention from central authority.
DAOs are run by a community of stakeholders i.e members, and they get incentivized via a native token system of such ecosystem. They have built-in features that are only accessible with the approval of the native members. All decisions are made via an agreed proposal through a voting system.
More below 👇
What's a Decentralised Autonomous Organisation (DAO). After mainnet release, DMD v4.🗣️ What's a Decentralised Autonomous Organisation (DAO)?
After mainnet release, DMD v4.1 upgrade would come with transition to the Decentralised Autonomous Organisation (DAO). The core content of the upgrade would be an on-chain governance system that interacts with the POSDAO for voting rights.
So, what's Decentralised Autonomous Organisation (DAO)?
DAO is a decentralised organisation that functions autonomously and is governed by a set of computer (smart contract) codes and programs. The written smart contract codes run on a blockchain. They are responsible for powering the governing system of a DAO, without any form of intervention from central authority.
DAOs are run by a community of stakeholders i.e members, and they get incentivized via a native token system of such ecosystem. They have built-in features that are only accessible with the approval of the native members. All decisions are made via an agreed proposal through a voting system.
More below 👇
DiamondDMD #959
31 Jul 2022, 09:59
Today marks the end of July! Click the link below to know more about the happenings within the month 👇
Today marks the end of July. Click the link below to know more about the happenings within the month.Today marks the end of July! Click the link below to know more about the happenings within the month 👇
https://t.co/CBT904RIg0
DiamondDMD #959
31 Jul 2022, 09:05
🗣️ DMD Diamond Blockchain Updates For July👇
1️⃣ Diamond Node Software version 3.3.4-hbbft-0.8.4 was released -
2️⃣ We are currently scaling down the network to only ~ 5 nodes in preparation for the forthcoming beta network. The new network would then be used for Load Testing and Parameter Optimization. We also planned to use the existing hardware for these test series and also scale up the current testnet network again once the tests finishes.
3️⃣ We marked the 9th Anniversary for DMD diamond blockchain existence🥰✨🎉.
4️⃣ Our developers went on a mid-summer vacation week🥰
More below 👇
DMD Diamond Blockchain Updates For July. Diamond Node Software version 3. 4-hbbft-0. 4 was released -.🗣️ DMD Diamond Blockchain Updates For July👇
1️⃣ Diamond Node Software version 3.3.4-hbbft-0.8.4 was released - https://github.com/DMDcoin/openethereum-3.x/releases/tag/v3.3.4-hbbft-0.8.4
2️⃣ We are currently scaling down the network to only ~ 5 nodes in preparation for the forthcoming beta network. The new network would then be used for Load Testing and Parameter Optimization. We also planned to use the existing hardware for these test series and also scale up the current testnet network again once the tests finishes.
3️⃣ We marked the 9th Anniversary for DMD diamond blockchain existence🥰✨🎉.
4️⃣ Our developers went on a mid-summer vacation week🥰
More below 👇
DiamondDMD #959
29 Jul 2022, 17:01
🗣 Global Economic Crisis - What's The Future of DMD Diamond Blockchain
The recent economic downturns have been the talk of the world. Most fiat currencies are drastically reducing in value and purchasing power - from the Dollar to Euro, to Pounds, etc. We are now at a time when every country worries about their financial stability.
Then, what's the future of blockchains and cryptocurrencies?
Inevitably, blockchains and cryptocurrencies that operate on Proof of Work (PoW) consensus algorithms suffer the most. The financial responsibilities to power PoW blockchains at the moment are not the same as they were. That affects the mining of new coins from such blockchains. Time like this emphasizes the need to transit to more sustainable consensus algorithms.
More below👇
Global Economic Crisis - What's The Future of DMD Diamond Blockchain.🗣 Global Economic Crisis - What's The Future of DMD Diamond Blockchain
The recent economic downturns have been the talk of the world. Most fiat currencies are drastically reducing in value and purchasing power - from the Dollar to Euro, to Pounds, etc. We are now at a time when every country worries about their financial stability.
Then, what's the future of blockchains and cryptocurrencies?
Inevitably, blockchains and cryptocurrencies that operate on Proof of Work (PoW) consensus algorithms suffer the most. The financial responsibilities to power PoW blockchains at the moment are not the same as they were. That affects the mining of new coins from such blockchains. Time like this emphasizes the need to transit to more sustainable consensus algorithms.
More below👇
DiamondDMD #959
25 Jul 2022, 17:06
Wondering how Metaverse could be on DMD Diamond blockchain? Read👇
Wondering how Metaverse could be on DMD Diamond blockchain. Read.Wondering how Metaverse could be on DMD Diamond blockchain? Read👇
https://t.co/vSnFf8YtZG
DiamondDMD #959
25 Jul 2022, 16:48
🗣 Metaverse on the DMD Diamond Blockchain
One of the use cases of blockchain technology is its support for the new iteration of the internet - the Metaverse. The Metaverse helps to have immersive experiences by providing us with virtual ecosystems and interactions. It refers to the aggregation of every virtual space built using blockchain technology - from digital streets to curated lands, to NFT galleries, to gaming planets, etc.
The metaverse enables every user (inform of avatar) to have and use a unique identity to navigate across growing networks of virtual environments. This makes it a similitude of the real world - where you can travel to new countries without needing to secure a new passport every time you are at a new destination.
More below👇
Metaverse on the DMD Diamond Blockchain.🗣 Metaverse on the DMD Diamond Blockchain
One of the use cases of blockchain technology is its support for the new iteration of the internet - the Metaverse. The Metaverse helps to have immersive experiences by providing us with virtual ecosystems and interactions. It refers to the aggregation of every virtual space built using blockchain technology - from digital streets to curated lands, to NFT galleries, to gaming planets, etc.
The metaverse enables every user (inform of avatar) to have and use a unique identity to navigate across growing networks of virtual environments. This makes it a similitude of the real world - where you can travel to new countries without needing to secure a new passport every time you are at a new destination.
More below👇
DiamondDMD #959
23 Jul 2022, 11:24
Want to know about the Multi-chain approach of DMD diamond blockchain?
Read👇
Want to know about the Multi-chain approach of DMD diamond blockchain.Want to know about the Multi-chain approach of DMD diamond blockchain?
Read👇
https://dmd-diamond.medium.com/multi-chain-approach-by-dmd-diamond-blockchain-f5ebe38412f2
DiamondDMD #959
14 Jul 2022, 11:27
🗣️ 9 Year's Down The Line - Happy Birthday to DMD Diamond Blockchain🥰
9 years back, dated the inception of DMD diamond blockchain. An ecosystem driven by community, for community - which has continued to stay stronger upon many crypto winters down the line.
Over the years, we are glad to boost innovations that position us a competitive advantage as one of the most sustainable blockchains. From DMDv1 to v2, to v3, and now to the upcoming DMDv4.
Read more 👇
9 Year's Down The Line - Happy Birthday to DMD Diamond Blockchain. 9 years back, dated the inception of DMD diamond blockchain.🗣️ 9 Year's Down The Line - Happy Birthday to DMD Diamond Blockchain🥰
9 years back, dated the inception of DMD diamond blockchain. An ecosystem driven by community, for community - which has continued to stay stronger upon many crypto winters down the line.
Over the years, we are glad to boost innovations that position us a competitive advantage as one of the most sustainable blockchains. From DMDv1 to v2, to v3, and now to the upcoming DMDv4.
Read more 👇
DiamondDMD #959
13 Jul 2022, 20:00
Happy Birthday $DMD 🥳 it's been 9 years of journey with many more waiting ahead.
#dmdcoin #bitcoin #altcoin #blockchain #crypto
Happy Birthday $DMD it's been 9 years of journey with many more waiting ahead. #dmdcoin #bitcoin #altcoin #blockchain #crypto.Happy Birthday $DMD 🥳 it's been 9 years of journey with many more waiting ahead.
#dmdcoin #bitcoin #altcoin #blockchain #crypto https://t.co/UJ08rBXlcq
DiamondDMD #959
12 Jul 2022, 15:00
🗣️DMD Diamond Blockchain - An Ecosystem That Accommodates Third Party Projects!💙
One of the use-cases DMDv4 launching is bringing forward is hosting a unique diamonds collector game. Apart from accommodating an NFT marketplace, third parties would have the chance to host gamified NFT projects, among others, on top of DMD v4.
At the moment, a third party is pushing forward the development of a unique diamond collector game that would be released in Open Beta to test the whole collector experience before the mainnet launches. Hence, users would have the experience of owning unique diamonds and NFT assets that could be used subsequently and in other projects that run on top of DMDv4.
More in the comment section 👇
DMD Diamond Blockchain - An Ecosystem That Accommodates Third Party Projects.🗣️DMD Diamond Blockchain - An Ecosystem That Accommodates Third Party Projects!💙
One of the use-cases DMDv4 launching is bringing forward is hosting a unique diamonds collector game. Apart from accommodating an NFT marketplace, third parties would have the chance to host gamified NFT projects, among others, on top of DMD v4.
At the moment, a third party is pushing forward the development of a unique diamond collector game that would be released in Open Beta to test the whole collector experience before the mainnet launches. Hence, users would have the experience of owning unique diamonds and NFT assets that could be used subsequently and in other projects that run on top of DMDv4.
More in the comment section 👇
DiamondDMD #959
01 Jul 2022, 08:32
🗣️ DMD Diamond Blockchain V4 Updates For June!👇
1️⃣ We worked on disk storage options for HBBFT messages - to specify how many and where HBBFT consensus messages are stored.
2️⃣ fine-tuned some stability improvements in 0.8.3
3️⃣ Prioritized P2P validator node connection.
4️⃣Contract Upgrades for the features got prepared and are already live.
5️⃣ v0.8.4 was stage tested to solve one problem encountered with
6️⃣ We resynced the explorer due to some outages, and work was done on some information that was unavailable due to the resynchronization.
More below 👇
DMD Diamond Blockchain V4 Updates For June.🗣️ DMD Diamond Blockchain V4 Updates For June!👇
1️⃣ We worked on disk storage options for HBBFT messages - to specify how many and where HBBFT consensus messages are stored.
2️⃣ fine-tuned some stability improvements in 0.8.3
3️⃣ Prioritized P2P validator node connection.
4️⃣Contract Upgrades for the https://github.com/DMDcoin/hbbft-posdao-contracts/issues/126 features got prepared and are already live.
5️⃣ v0.8.4 was stage tested to solve one problem encountered with https://github.com/DMDcoin/openethereum-3.x/issues/87.
6️⃣ We resynced the explorer due to some outages, and work was done on some information that was unavailable due to the resynchronization.
More below 👇
DiamondDMD #959
29 Jun 2022, 08:15
🗣️ The Need to Join Open Alpha Testing to Have an Easy User Experience with DMDv4 and Metamask ✨✨
From Inception, DMD diamond blockchain have continued to boost a lot of innovations. While we are looking forward to the launching of DMDv4 soon, and we centred our project to be community-driven, it's therefore imperative that our community or participants testrun the functionality of our developments and provide valuable feedbacks for improvements. That would provide a faster and seamless transition to the beta launch.
It's high time we all join the open Alpha testing to have an easy interaction or user experience with DMDv4 and Metamask - from connectivity, to usability and lots more. To join the open Alpha testing in order to have a seamless user interaction of DMDv4 and Metamask, and to provide possible suggestions for improvements, click the open repository link below 👇
The Need to Join Open Alpha Testing to Have an Easy User Experience with DMDv4 and Metamask.🗣️ The Need to Join Open Alpha Testing to Have an Easy User Experience with DMDv4 and Metamask ✨✨
From Inception, DMD diamond blockchain have continued to boost a lot of innovations. While we are looking forward to the launching of DMDv4 soon, and we centred our project to be community-driven, it's therefore imperative that our community or participants testrun the functionality of our developments and provide valuable feedbacks for improvements. That would provide a faster and seamless transition to the beta launch.
It's high time we all join the open Alpha testing to have an easy interaction or user experience with DMDv4 and Metamask - from connectivity, to usability and lots more. To join the open Alpha testing in order to have a seamless user interaction of DMDv4 and Metamask, and to provide possible suggestions for improvements, click the open repository link below 👇
https://github.com/DMDcoin/dmdv4-testnet
DiamondDMD #959
27 Jun 2022, 10:08
🗣 Why DMD Diamond Blockchain is an Ideal NFT Marketplace
One of the major use-cases of blockchain technology is the facilitation of non-fungible tokenized (NFT) assets. According to Statista, the aggregated NFT sales value recorded as of June 15, 2022 was roughly 33.3 million U.S. dollars. This is to tell you how fascinating and financially promising they are.
NFTs could be used to bestow, demonstrate, and trade ownership of real/digital assets and intellectual properties. This is made possible through the use of metadata that enables an NFT to uniquely demonstrate itself. The metadata is uploaded in form of a unique cryptographic token over a working blockchain - of which DMD diamond blockchain V4 would soon be a go-to NFT marketplace following the launch.
More below 👇
Why DMD Diamond Blockchain is an Ideal NFT Marketplace.🗣 Why DMD Diamond Blockchain is an Ideal NFT Marketplace
One of the major use-cases of blockchain technology is the facilitation of non-fungible tokenized (NFT) assets. According to Statista, the aggregated NFT sales value recorded as of June 15, 2022 was roughly 33.3 million U.S. dollars. This is to tell you how fascinating and financially promising they are.
NFTs could be used to bestow, demonstrate, and trade ownership of real/digital assets and intellectual properties. This is made possible through the use of metadata that enables an NFT to uniquely demonstrate itself. The metadata is uploaded in form of a unique cryptographic token over a working blockchain - of which DMD diamond blockchain V4 would soon be a go-to NFT marketplace following the launch.
More below 👇
DiamondDMD #959
21 Jun 2022, 07:04
🗣️ How To Survive the Cryptocurrencies Bear Market
Crypto winter is here! Cryptocurrencies prices are dropping and remaining low for an extended period. The dip in the market is leading to lay-offs seen in major crypto exchanges, including Gemini, Coinbase, etc. Crypto investors are losing their long term investments, and hard earned money.
Below are guides on how we can survive in this unprecedented bear market:
1️⃣ Use Dollar-Cost Averaging to Minimize Risk
Using Dollar-Cost Averaging (DCA) is an effective way to mitigate possible potential crypto investment losses. When you space out your investments, it is easier to guess at finding the “dip” in your favourite crypto.
Just like what an NFT collector (@Kissyos) tweeted on twitter - consider your risk tolerance, then use that in setting up automatic triggers in your desired exchange accordingly.
More in the comment section 👇
How To Survive the Cryptocurrencies Bear Market. Crypto winter is here.🗣️ How To Survive the Cryptocurrencies Bear Market
Crypto winter is here! Cryptocurrencies prices are dropping and remaining low for an extended period. The dip in the market is leading to lay-offs seen in major crypto exchanges, including Gemini, Coinbase, etc. Crypto investors are losing their long term investments, and hard earned money.
Below are guides on how we can survive in this unprecedented bear market:
1️⃣ Use Dollar-Cost Averaging to Minimize Risk
Using Dollar-Cost Averaging (DCA) is an effective way to mitigate possible potential crypto investment losses. When you space out your investments, it is easier to guess at finding the “dip” in your favourite crypto.
Just like what an NFT collector (@Kissyos) tweeted on twitter - consider your risk tolerance, then use that in setting up automatic triggers in your desired exchange accordingly.
More in the comment section 👇
DiamondDMD #959
15 Jun 2022, 07:16
🗣 Crypto Market Crash! Is it a Threat to DMD Diamond Coins?
Happenings in the crypto spaces are just unprecedented. Losses have been major in the biggest cryptocurrencies like Bitcoin and Ethereum. Many are wondering if we are undergoing another Crypto winter - a prolonged duration defined by a sustained and universal drop in the price of cryptocurrencies causing a lack of enthusiasm for the industry.
Nobody has ever expected stable coins (like Tether, etc) pegged to conventional currencies like dollars to be affected by the crypto meltdowns. USDT was also once affected. Just like what Neil Wilson of Finalto said - “There is a definite whiff of panic in the crypto space right now amid the stablecoin collapse”.
Some weeks back, the collapse of Terra - the second-largest Defi ecosystem, was one of the most significant losses of wealth in modern history. Over $60 billion were lost in LUNA and UST - the 7th and 10th largest tokens by Market cap vanished within a matter of days.
More in the comment section
Crypto Market Crash. Is it a Threat to DMD Diamond Coins. Happenings in the crypto spaces are just unprecedented.🗣 Crypto Market Crash! Is it a Threat to DMD Diamond Coins?
Happenings in the crypto spaces are just unprecedented. Losses have been major in the biggest cryptocurrencies like Bitcoin and Ethereum. Many are wondering if we are undergoing another Crypto winter - a prolonged duration defined by a sustained and universal drop in the price of cryptocurrencies causing a lack of enthusiasm for the industry.
Nobody has ever expected stable coins (like Tether, etc) pegged to conventional currencies like dollars to be affected by the crypto meltdowns. USDT was also once affected. Just like what Neil Wilson of Finalto said - “There is a definite whiff of panic in the crypto space right now amid the stablecoin collapse”.
Some weeks back, the collapse of Terra - the second-largest Defi ecosystem, was one of the most significant losses of wealth in modern history. Over $60 billion were lost in LUNA and UST - the 7th and 10th largest tokens by Market cap vanished within a matter of days.
More in the comment section
DiamondDMD #959
08 Jun 2022, 09:53
🗣️ Why Does DMD Diamond Blockchain Offer a Community-Driven Ecosystem?
Over the years, community-driven blockchains have appeared to be the most sustainable projects. Many blockchains today boost complete decentralisation and democratisation, however, few of such blockchains feature such characteristics in reality.
At DMD diamond blockchain, we operate without a central authority. From inception of the DMD diamond blockchain to the forthcoming DMD v4 release, our community audiences form the foundation of our decisions and plans, using our election validator consensus (POSDAO). The ecosystem also provides a level playground for every member of the community to have a fair rewarding system.
More in the comment section👇
Why Does DMD Diamond Blockchain Offer a Community-Driven Ecosystem.🗣️ Why Does DMD Diamond Blockchain Offer a Community-Driven Ecosystem?
Over the years, community-driven blockchains have appeared to be the most sustainable projects. Many blockchains today boost complete decentralisation and democratisation, however, few of such blockchains feature such characteristics in reality.
At DMD diamond blockchain, we operate without a central authority. From inception of the DMD diamond blockchain to the forthcoming DMD v4 release, our community audiences form the foundation of our decisions and plans, using our election validator consensus (POSDAO). The ecosystem also provides a level playground for every member of the community to have a fair rewarding system.
More in the comment section👇
DiamondDMD #959
31 May 2022, 05:34
🗣️ DMD Diamond's Updates for May👇
1️⃣ Errors causing disconnection of nodes with the sync HBBFT consensus protocol were fixed.
2️⃣ A breakthrough with consensus peer auto-detection modules - which minimizes configuration efforts and chances of configuration errors.
3️⃣ A new stabilisation system was added - that reinitializes a validator node, whenever it detects it's synced to the tail chain and a staked validator candidate.
4️⃣ A new alpha version for DMDv4 network 0.8.3 was released, while work continues on the content for 0.8.4
5️⃣ We are looking forward to the success of finalizing alpha stabilization, adding validator auto node discovery, and running a big alpha performance test before focusing on beta contents.
More updates in the comment section
DMD Diamond's Updates for May. Errors causing disconnection of nodes with the sync HBBFT consensus protocol were fixed.🗣️ DMD Diamond's Updates for May👇
1️⃣ Errors causing disconnection of nodes with the sync HBBFT consensus protocol were fixed.
2️⃣ A breakthrough with consensus peer auto-detection modules - which minimizes configuration efforts and chances of configuration errors.
3️⃣ A new stabilisation system was added - that reinitializes a validator node, whenever it detects it's synced to the tail chain and a staked validator candidate.
4️⃣ A new alpha version for DMDv4 network 0.8.3 was released, while work continues on the content for 0.8.4
5️⃣ We are looking forward to the success of finalizing alpha stabilization, adding validator auto node discovery, and running a big alpha performance test before focusing on beta contents.
More updates in the comment section
DiamondDMD #959
29 May 2022, 10:16
Is DMD diamond blockchain the future?
For a blockchain to remain, it must present tangible and sustainable use-cases to blockchain users. An example is coming to bridge the gaps left by already existing blockchains. From transiting from Proof of Work (PoW) to a more sustainable consensus algorithm to adopting cheaper and faster transaction rates, etc.
To the question - Is the DMD diamond blockchain the future?
Read more in the comment section
Is DMD diamond blockchain the future.Is DMD diamond blockchain the future?
For a blockchain to remain, it must present tangible and sustainable use-cases to blockchain users. An example is coming to bridge the gaps left by already existing blockchains. From transiting from Proof of Work (PoW) to a more sustainable consensus algorithm to adopting cheaper and faster transaction rates, etc.
To the question - Is the DMD diamond blockchain the future?
Read more in the comment section
DiamondDMD #959
27 May 2022, 07:18
🗣️ Benefits of DMD Diamond Blockchain to Business Owners
Just like many other Blockchains, DMD Diamond Blockchain is here to disrupt the financial sectors and change the usual traditional narratives of scams and exorbitant commissions from middlemen.
In meeting up the market challenges and presenting our users with the most seamless innovative products and solutions, DMD diamond blockchain has continued to upgrade its ecosystem and user experiences over time. That accounts for our latest upgrade - DMDv4 - a decentralised blockchain suitable for building, deploying and running general-purpose and interoperable DApps (decentralised applications) for business owners.
Read more in the comment section!
Benefits of DMD Diamond Blockchain to Business Owners.🗣️ Benefits of DMD Diamond Blockchain to Business Owners
Just like many other Blockchains, DMD Diamond Blockchain is here to disrupt the financial sectors and change the usual traditional narratives of scams and exorbitant commissions from middlemen.
In meeting up the market challenges and presenting our users with the most seamless innovative products and solutions, DMD diamond blockchain has continued to upgrade its ecosystem and user experiences over time. That accounts for our latest upgrade - DMDv4 - a decentralised blockchain suitable for building, deploying and running general-purpose and interoperable DApps (decentralised applications) for business owners.
Read more in the comment section!
DiamondDMD #959
19 May 2022, 13:08
Wondering if DMD Diamond Blockchain solves the issue of double-spending? Click the link below to know👇
Wondering if DMD Diamond Blockchain solves the issue of double-spending. Click the link below to know.Wondering if DMD Diamond Blockchain solves the issue of double-spending? Click the link below to know👇
https://dmd-diamond.medium.com/does-the-dmd-diamond-blockchain-solve-the-issue-of-double-spending-5e72f2a45964
DiamondDMD #959
14 May 2022, 12:44
Does the DMD Diamond Blockchain Support Off-chain Transactions?
Off-chain transactions are transactions done outside a mainnet blockchain. They are second-layer protocols aimed to address the on-chain’s flaws by enabling a more cheaper and faster transactions.
However, it's imperative to note that DMD diamond blockchain boosts unique decentralised ecosystem, robust security, cheaper transaction rate etc. That would be tantamount to more adoption by blockchain developers and users. Hence, the need for more scalable offerings that could solve network congestion and improve the user-experience of blockchain enthusiasts.
Read more in the comment section!
Does the DMD Diamond Blockchain Support Off-chain Transactions.Does the DMD Diamond Blockchain Support Off-chain Transactions?
Off-chain transactions are transactions done outside a mainnet blockchain. They are second-layer protocols aimed to address the on-chain’s flaws by enabling a more cheaper and faster transactions.
However, it's imperative to note that DMD diamond blockchain boosts unique decentralised ecosystem, robust security, cheaper transaction rate etc. That would be tantamount to more adoption by blockchain developers and users. Hence, the need for more scalable offerings that could solve network congestion and improve the user-experience of blockchain enthusiasts.
Read more in the comment section!
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