DMD Diamond Blockchain April Updates👇
Below are the most important developments that happened:
👉 Website rebranded and launched - https://bit.diamonds/
👉 All tests and updates were finished on the latest OpenEthereum version.
👉 A new version of the DMD node software of the upcoming v4 was published, and issue with key generation was addressed. More on - https://github.com/DMDcoin/openethereum-3.x/releases/tag/v3.3.4-hbbft-0.8.2
👉 The updates done on V4 network to 0. 8. 2 was a success, no issue was experienced with the merged OpenEthereum 3. 3. 4, and we are looking forward to delivering 0. 8. 3 soon.
👉 Here are links to articles published within the month:
https://t.me/dmd_coin/142
https://t.me/dmd_coin/143
https://t.me/dmd_coin/145
https://t.me/dmd_coin/146
https://t.me/dmd_coin/147
Below are the most important developments that happened:
👉 Website rebranded and launched - https://bit.diamonds/
👉 All tests and updates were finished on the latest OpenEthereum version.
👉 A new version of the DMD node software of the upcoming v4 was published, and issue with key generation was addressed. More on - https://github.com/DMDcoin/openethereum-3.x/releases/tag/v3.3.4-hbbft-0.8.2
👉 The updates done on V4 network to 0. 8. 2 was a success, no issue was experienced with the merged OpenEthereum 3. 3. 4, and we are looking forward to delivering 0. 8. 3 soon.
👉 Here are links to articles published within the month:
https://t.me/dmd_coin/142
https://t.me/dmd_coin/143
https://t.me/dmd_coin/145
https://t.me/dmd_coin/146
https://t.me/dmd_coin/147
👉 If you haven't followed us on our socials, here are our links to follow👇
Telegram - https://t.me/dmd_coin/
Twitter - https://twitter.com/dmdcoin
Facebook - https://www.facebook.com/groups/182587525654877/?ref=share
Reddit - http://reddit.com/r/dmd
Website - https://bit.diamonds/
Medium - https://dmd-diamond.medium.com/
Telegram - https://t.me/dmd_coin/
Twitter - https://twitter.com/dmdcoin
Facebook - https://www.facebook.com/groups/182587525654877/?ref=share
Reddit - http://reddit.com/r/dmd
Website - https://bit.diamonds/
Medium - https://dmd-diamond.medium.com/
Telegram
DMD Diamond Coin Channel
DMD Diamond is the first cooperative consensus blockchain with full smart contracts and Delegated PoS consensus.
Join innovative and fully decentralized alternative to other blockchain v4 solutions.
Community Chat: https://t.me/DMDcoin
Join innovative and fully decentralized alternative to other blockchain v4 solutions.
Community Chat: https://t.me/DMDcoin
🗣 Overview Of Cryptocurrency Exchanges Supporting The Dmd Diamond Blockchain
One of the key mandates of DMD diamond Blockchain is to ease the usability of our dear DMD diamond coin holders. We have on our lists some cryptocurrency exchanges (both centralized and decentralized) where you can trade or buy DMD diamond coins. Therefore, the DMD diamond coins could be used as fully-fledged utility tools - either for payment or trading or earning rewards.
Below are some of the cryptocurrency exchanges supporting the DMD Diamond blockchain are:
1⃣ P2PB2B: P2PB2B is a trusted and advanced cryptocurrency exchange supporting the DMD diamond coin - where you could take the advantage of the highly optimised user interface, multi-currency, higher performance, and security in trading or buying DMD Diamond coins. Below are links to where you could trade on P2PB2B:
👉 https://p2pb2b.io/trade/DMD_USDT/
👉https://p2pb2b.io/trade/DMD_btc
👉https://p2pb2b.io/trade/DMD_eth
2⃣ ExMarkets: ExMarkets is another cryptocurrency exchange platform (powered by the state-of-the-art trading engine developed in-house) supporting the DMD Diamond blockchain. Below are links to trading on ExMarkets:
👉https://exmarkets.com/trade/dmd-btc
👉https://exmarkets.com/trade/dmd-eth
Other crypto exchanges that have supported DMDv3 but are yet to support DMDv4 are:
1⃣ Crex24: https://crex24.com/exchange/DMD-BTC
2⃣ BTCpop: https://btcpop.co/home.php
3⃣ Blocknet: https://www.blocknet.co
Go on to any of the cryptocurrency exchanges (specifically P2PB2B and ExMarkets) to buy DMD Diamond coins and let's earn income together on http://bit.diamonds!
One of the key mandates of DMD diamond Blockchain is to ease the usability of our dear DMD diamond coin holders. We have on our lists some cryptocurrency exchanges (both centralized and decentralized) where you can trade or buy DMD diamond coins. Therefore, the DMD diamond coins could be used as fully-fledged utility tools - either for payment or trading or earning rewards.
Below are some of the cryptocurrency exchanges supporting the DMD Diamond blockchain are:
1⃣ P2PB2B: P2PB2B is a trusted and advanced cryptocurrency exchange supporting the DMD diamond coin - where you could take the advantage of the highly optimised user interface, multi-currency, higher performance, and security in trading or buying DMD Diamond coins. Below are links to where you could trade on P2PB2B:
👉 https://p2pb2b.io/trade/DMD_USDT/
👉https://p2pb2b.io/trade/DMD_btc
👉https://p2pb2b.io/trade/DMD_eth
2⃣ ExMarkets: ExMarkets is another cryptocurrency exchange platform (powered by the state-of-the-art trading engine developed in-house) supporting the DMD Diamond blockchain. Below are links to trading on ExMarkets:
👉https://exmarkets.com/trade/dmd-btc
👉https://exmarkets.com/trade/dmd-eth
Other crypto exchanges that have supported DMDv3 but are yet to support DMDv4 are:
1⃣ Crex24: https://crex24.com/exchange/DMD-BTC
2⃣ BTCpop: https://btcpop.co/home.php
3⃣ Blocknet: https://www.blocknet.co
Go on to any of the cryptocurrency exchanges (specifically P2PB2B and ExMarkets) to buy DMD Diamond coins and let's earn income together on http://bit.diamonds!
P2PB2B
DMD\USDT | Trade DMD to USDT on cryptocurrency exchange P2PB2B
DMD\USDT the highest coin liquidity✅Buy Sell DMD to USDT, minimum commissions✅Profitable purchase of tokens on the cryptocurrency exchange P2PB2B
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!
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!
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
https://dmd-diamond.medium.com/does-the-dmd-diamond-blockchain-solve-the-issue-of-double-spending-5e72f2a45964
Medium
Does the DMD Diamond Blockchain Solve the Issue of Double-Spending?
Double spending is one of the risks seen with cryptocurrencies, and the DMD diamond coin isn’t an exception. It happens when a blockchain…
🗣️ 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!
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!
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
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
🗣️ 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
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
🗣️ 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👇
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👇
🗣 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
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
🗣️ 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 👇
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 👇
🗣 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 👇
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 👇
🗣️ 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
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
🗣️ 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 👇
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 👇
🗣️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 👇
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 👇
🗣️ 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 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 👇
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
Read👇
https://dmd-diamond.medium.com/multi-chain-approach-by-dmd-diamond-blockchain-f5ebe38412f2
Medium
Multi-chain Approach by DMD Diamond Blockchain
One of the key use cases of the DMD diamond blockchain is interoperability across chains. As we do emphasize, DMDv4 features…
🗣 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👇
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👇
🗣 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👇
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👇
🗣️ 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 👇
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 👇
🗣️ 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 👇
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 👇