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Diamond (DMD)

Welcome to DMD diamond blockchain community. The blockchain is one of the longstanding community-run ecosystems, since 2013. It's a layer-1 blockchain, with a finite maximum supply of 4.38 million coins in circulation. DMD diamond coin is the blockchain's native coin. The DMDv4 comes with the industry-first features - by implementing a cooperative HBBFT consensus with a delegated POSDAO election validation mechanism. It is also with EVM smart-contract abilities.

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wallet not syncing 3.0.1.3

Can anyone help ? my wallet is not moving, more then a year back. submitted by /u/Low_Veterinarian233 [link] [comments]

just posted a second ago, this sub is dead apparently. can you please remove it or change the name for the sake of people like me. DMD is a muscular dystrophy, I. aware of crypto and appreciate all aspects, but since this sub is, non-existent. can you kill it, or even pass it to me so I can utilize

It and turn it into an actual DMD sub where parent like myself can come to and find answers. Please and thank you. And I'm sorry the DMD crypto isn't working. Reminds me of restaurant industry. Most fail in a couple years. But anyways please consider. submitted by /u/Justice-C03 [link] [comments]

oh gosh, so I'm not sure what this dmd page is about. but I was looking for the DMD muscular dystrophy page. I don't think you guys know or care, but it's called Duchenne Muscular Dystrophy.

submitted by /u/Justice-C03 [link] [comments]

Monthly DMD Development Report 📑

January is the month full of holidays. However, it did not prevent the DMD team from doing a great job and solving a number of key problems. ✔️ First of all, smart contracts have been finalized to the form they were originally conceived. A total coins staking limit per single candidate was implemented, as described in the whitepaper. It amounts to 50,000, so a healthy competition of valdidator…

What are community-driven projects? 📲

A community-driven project is a project that has no specified owner or any company structure behind it with a CEO who decides on its future. Instead, it is the community, for example, miners, validators, or liquidity providers that own the authority in the project, determine its course of development, control resources, and make decisions. Such projects are highly decentralized blockchains and…

Ethereum 🆚 DMD in terms of dApps

Ethereum has become one of the first platforms to create its own decentralized applications. We can say that it’s the key goal for the blockchain. However, the fact is that Ethereum is not suitable enough for high-load operations. We already see this when the price of gas exceeds hundreds of dollars. In addition, Ethereum uses the old Proof-of-Work mining algorithm. dApps are not stable and fast…

Why should you choose DMD for your application? 👍

Choosing a blockchain for a decentralized application is not the easiest task. There are many solutions on the market that are in some ways better and in some ways worse than competitors. What can DMD offer? 1️⃣ First of all, you get a young project that has two consensus algorithms. It is an advantage when it comes to security. The attacker simply doesn’t have a chance HBBFT uses super secure ⅔+1…

DMD and its contribution to the blockchain 🚀

The DMD Diamond coin was created in 2013 based on forks of Bitcoin and launched as a limited-supply proof-of-work (PoW) and proof-of-stake (PoS) coin, which already represented an advantage over the competition. Since then, DMD has proven multiple times its ability to upgrade, which is well illustrated by DMDv4. DMDv4 is based on an Open Ethereum node client software with Ethereum VM abilities…

DMD blockchain for dApp 💥

Blockchain is the basis of a decentralized application. So, all the users' data who use the application is stored inside the blockchain. What are the main blockchain requirements for dApps today? — Reliability; — Operation speed; — Cheapness; — Availability of smart contracts — Run on the top of a true decentral blockchain platform And the DMD blockchain falls under all these requirements. The…

What are Decentralized Applications? 📱

Decentralized applications are one of the “killer features” that the blockchain platform offers.⠀ These applications work 24/7, don’t have the disadvantages of the usual client-server architecture, and are also much more secure. dApp (short for Decentralized Application) is an application that: — Uses the blockchain as its technical basis; — Are decentralized; — All internal interaction takes…

Smart contracts as the basis of dApps 📄

Smart contracts are a technology that has made the creation of decentralized applications possible. Their advantage is that they can be intermediaries in the execution of transactions, being absolutely honest.⠀ How does it work? Smart contracts are a kind of electronic intermediary. So, there is a transaction between party A and B. Party A undertakes to transfer funds as soon as it receives…

Add to your calendar Diamond (DMD) event: CREX24 Listing - January 21, 2022

submitted by /u/cryptocalbot [link] [comments]

DMD Diamond's Updates for December 🔝

Right, another month of active development has come to an end. In this post, we will tell you about all the most important things. 🔹 At the moment, development is going smoothly. The last week was devoted to the development of a contract for the transition to v4. 🔹 The test network works on and we are happy to share the news that all fixes work as expected. 🔹 In addition, in the first week of…

Why are dApps gaining popularity? 📈

Decentralized applications are gaining more and more popularity due to the fact that they are easy to implement and solve the problems of familiar ones. The client-server architecture has a number of disadvantages when it comes to finance. It is DeFi and dApps that solve all these problems. As a result, dApps has the following properties: — Advanced security; — Ease of use and implementation; —…

What are the most promising projects to invest in this year? 💶

The cryptocurrency market includes hundreds of different cryptocurrencies, so choosing the ones to invest in may be a daunting task. So, here are some ideas for you. Read on! 🔸 Ethereum. With the Beacon Chain and the proof-of-stake system now in place, the next stage of Ethereum is establishing shard chains, which will upgrade Ethereum’s data-processing capacity many times, making the network…

Why we have an open GitHub repository 🖥

For those who may not know, GitHub is a service where users can host their IT projects, otherwise called a repository. An important aspect is that repositories can be open and closed. The DMD project has an open repository. Why? That is honest to users. They can track the progress of the project, follow updates, and so on. This is more reliable. No code can be written without minor bugs or similar…

What is the best place to store DMD? 📦

The issue of storing cryptocurrency is always particularly acute. After all, a loss of a private key is equal to a loss of all funds. So what is the best way to store DMD? First of all, consider the possibilities. Where can you store coins? — On a stock exchange — On a Diamond Wallet The first option is perfect for traders but you shouldn’t hold all coins on the exchange just the part that you…

DAO DMD for business 💼

DMD Diamond has always been dedicated to meeting the market demands and providing its users with the most innovative product. Our latest upgrade, DMDv4, is an independent blockchain ideal for building, deploying and running general-purpose and interoperable dApps (decentralized applications). It has a highly distributed community of holders, which makes the network secure and stable, and can be…

How did HBBFT appear? ⏱

As you probably all know, blockchain systems use consensus algorithms to achieve the agreement among different nodes about which transactions to include in the next block. One of the most common consensus algorithms is proof of work (PoW) used by Bitcoin. With it, nodes have to compete to solve a complex mathematical puzzle, which requires a lot of computational power. This creates a huge amount…

What is the use of the double consensus algorithm? 🛠

Since 2016, the DMD team has been looking for ways to increase the speed and security of its blockchain as well as reduce the environmental damage often associated with PoW and even PoS consensus algorithms. The solution was found in using one of the most promising developments, the Honey Badger Byzantine Fault Tolerant consensus algorithm together with a dPOS node election decentralization…

Why DMD is better than new blockchain projects 🔝

With new blockchain projects constantly springing up all around the industry, enthusiasts should be careful when putting too much trust into them. All too often, their original creators may become weary of the project and abandon it. The same thing happened to DMD several months after its creation in 2013. However, the community was already captivated by the DMD Diamond coin with its implicit…

Who are the DMD Validators? 🔰

Every PoS (proof-of-stake) blockchain has to have a validator for verifying transactions before they are added to the distributed ledger. Unlike miners that validate transactions in PoW (proof-of-work) systems, PoS validators do not require energy-intensive computational processing and are, therefore, environmentally friendly. Instead, PoS validators ‘stake’ some of the blockchain’s native tokens…

Cross-border transactions are cheap with DMD ✈️

Cross-border transactions are critical for ensuring successful work of thousands of people, businesses and banking institutions across the globe. All too often they have to go through a high number of intermediaries, with each charging the processing fee, increasing the number of failure points and adding to the risk of fraud somewhere along the payment pathway. This is not to mention the…

Get your stunning Limited Edition #DMD Diamond 5th Anniversary Package now! While Stock Last!

Includes: - 1x Book on DMD History - 1x Gold plated DMD Silver coin - 1x DMD coasters - 2x DMD Casino Chips (Contains 1 DMD each in cold wallet) - 1x 3D DMD keychain While stock last! Price: 250x DMD coin https://photos.google.com/share/AF1QipNaqg77EsHYEi0PKQM3mrkfkTG submitted by /u/kokyick [link] [comments]

How does DMD Diamond Proof of stake system work?

For those of you who might be unfamiliar with PoS, the easiest way to present it is as a form of mining which does not require ASIC, graphic cards of any significant hardware investment. All you need to do is to buy coins, place them in your wallet, have you wallet online and opt for staking and your coins will stake and generate new coins. Your coin piles compete with other coins for staking…