Dear Community

A quick overview about today's topics:

1.) DMD Diamond did raise more than bitcoin 2017!
2.) Whitepaper that explain DMDv3 with Masternodes
3.) How to prepare for DMDv3 release read before 10th September



1.) This year we have observed a steady, organic rise in value of DMD Diamond where its market valuation has been surpassing its previous all time high levels to reach ~6$ in late August. This is over 2000% increase in value 2017 (0.30$ to 6.00$). A 20x $ value increase compared to the x10 that Bitcoin made! Some of it can be credited to quite significant rise in bitcoin's price as more and more people all over the world learn about crytpocurrencies making the whole crypto economy grow. However, this also coincided with the news of the upcoming changes to DMD Diamond.



2.) The new wallet will be the second major installment to be introduced by DMD Diamond Foundation and will lay foundations for further expansion of DMD Diamond ecosystem. We will see many improvements to the protocol not only in terms of security, speed and privacy but the new code base of DMD v3 will facilitate the use of Diamond Master Nodes. The new Diamond Master Node network will form a cornerstone of future projects scheduled for 2018 that will add to the value of the coin.  Full specification of the upgraded DMD Diamond v3 are visible in the released whitepaper here: https://bit.diamonds/DMD_WP_1.0.pdf



3.) DMD Diamond Wallet is undergoing major changes. The old DMD Diamond blockchain will soon be replaced with the new one. Even though the change is significant, the balance of coins between old and new blockchains will be 1:1. This means that whatever amount of coins you had in your wallet or exchange account (up to the point of blockchain snapshot) you will have same amount after the transition. As a user you can follow the steps shown below to prepare for the new DMD Diamond 3.0. Please choose the method you feel most comfortable with as any of them will result in same outcome. Please read the details before 10th September in following howto guide:
http://bit.diamonds/DMD_2.0_to_3.0_guide.pdf

Join our slack and get support if any questions arise or you wana have the newest info first!
https://dmdcoin.slack.com/
(invite link https://dmdcoin.signup.team/ )




We are excited about the future and feel that DMD Diamond is on the path to become a strong and recognizable monetary system on the cryptocurrency market that empowers people to achieve financial freedom. The advent of Diamond Master Nodes will inevitably further increase the value of DMD and form the foundations for future services linked to DMD Diamond ecosystem.

We encourage everyone to join our Slack https://dmdcoin.slack.com/ (invite link https://dmdcoin.signup.team/ ), add to discussions at the official DMD Diamond Bitcointalk thread https://bt.irlbtc.com/view/580725.0 and follow us on Twitter @dmdcoin and @CryptonitDMD for more updates.

If you found this newsletter somewhere else than in your mailbox. register with your email for the newsletter https://dmddiamond.wufoo.com/forms/subscribe-to-dmd-diamond-newsletter

Is it worth to mine Diamond coin now? Also how does staking works?

Hi guys! Localmonero.co is released! Why not localdmdcoins.com? Am i allowed to start the development of localdiamondcoins.com? Ive already registered some domain names going into this direction. Im planning to use upwork.com to do the work. Am i allowed and do i have the blessing of the dmd developers? I dont have high hopes or expectations. Work will probably be proceeding slowly. Is this a good idea?

"Hi! My company is looking for a freelancer that can develop a secure website for buying and selling diamond (dmd) coins/tokens (check bit.diamond) exactly like bitcoins. The design and looks could revolve around the already well known and established localbitcoins.com. People should be able to log in, 2 factor verification must exist, users must be able to post advertisements on how much they want to buy/sell dmd coins for. The website should display real time price of dmd coins vs USD/a basket of local currencies, ETH and BTC. The useraccounts on the website must be able hold dmd coins in escrow and released upon payment by the buying/selling part. A kind of integration toward the dmd-wallet is absolutely necessary. The website must be able to hold pictures that users upload (faceshots, driverslicenses and passports for id verification if needed) No interaction with VISA/mastercard/debit cards etc is needed. Buyers/sellers settle payment via off website service. Feedback must be able to be exchanged between users. The website should not to mention- be very resistant to hacker attacks."

@cryptonit:

Any news on the solution for those who purchased the Reactor Auction keys?

such a service would be welcome
but analyze demand would be needed to find out if it can be a profitable venture

example we are part at https://www.localcrypto.eu.org/
and i got never a single request from someone to buy or sell DMD over that page

do people actually buy dmd? how easy is it to sell my coins?

they will get the missing 2 months 25% POS rewards
as payment send towards their address
1000*0.25/12*2= 41.66 DMD

after DMDv3 launched

Who is lead DMD? Where is dev team ?