Block Reward Reduction is still expected to come by Block 350400. We are still down by 3011 blocks as of sending this ANN.@everyone
@everyone - FYI - Block Reward Reduction is estimated to take place on or before Feb 16 2019 UTC once Block # 350400 is generated. The Block Rewards will be reduced from 27 DINs to 24.570 DINs.
@everyone - $DIN is now listed on https://pecuniaplatform.io/- It is another alternative for MN hosting.
"In less than 24 hours from now, Dinero will be celebration its 1st Year Anniversary. The first Dinero Block was generated last Jan 25, 2018 9:25:48 PM UTC.
We would like to thank each and everyone for sticking around for past year. We've seen a lot of ups and downs with the project. So far, the Blockchain, the Wallet services, the Masternodes are running as designed.
Thank you for your continued support"
Hi@everyone! Hope all is well and 2019 is treating you well so far.
Just to be clear on the progress on the switch to Proof of Stake and fixing the Governance system... The developer who offered to do the work was not able to do so. We are still looking for someone to complete this work. If there are any skilled blockchain developers in our community, please come forward! if anyone knows someone, please let them know we are looking. We are willing to pay a fair price for the right person to do the work.
DINERO now has official group on blockciti. if you guys have account on blockciti or plan to join there, dont forget to join our official group and spread the word:
The Dinero team would like to wish you all a Happy New Year! We thank you all for your patience with us during the bear market, during the search for a full time C++ dev, and for your continued belief in Dinerocoin. We currently have a working product that could revolutionize payment systems as we known them, and there is so much more we can still do to improve... Remember that it is all of us together who will shape the future of not only this coin, but of the world around us!! We truly wish the best for everyone here in 2019, may it be the year we all hope for.
🎆 2⃣ 0⃣ 1⃣ 9⃣ 🎆
ok - theres a new modus in town - most likely the people behind this so-called exchange: https://dexma.info/
@everyone - DineroBot is currently under maintenance - same goes with Insights explorer, Web and Mobile wallets. I apologize for the inconvenience. We will update you all once everything is up and running. PoW mining and Masternodes and the Dinero Blockchain are still working as designed.
We apologize for any inconveniences this might have caused.
@everyone the official Dinero Insights explorer is currently down for maintenance. @240180844130598912> is currently resyncing it as of sending this message.
@here the explorer is back up too, sorry! 😖
The switch to PoS in Q1 of 2019 is happening, but we are considering updating Dinero's version of Dash (as it was built on an old version) instead of using Phore (which is based on Pivx). The snapshot and import of private keys describe above would not be neccessary. Instead we would get a new wallet version and a new protocol that all masternodes must upgrade to in order to stay on the network. Things are moving forward but are still somewhat in flux. We're still talking things through and formulating / reforumulating the plan. We'll keep everyone in the loop throughout the process.
If there are any questions, please feel free to ask me in <#406510938884407301>! And if anyone would like to help, as always, Dinero is YOUR coin so the only limit to your contribution is your imagination. :)
We don't have a timeline yet, but expect this to happen in Q1 of 2019. The team has been quiet lately as we have been discussing amongst ourselves how this will all work and prepare a list of things that we need to do in order to make this happen and support the community during and after the transition. We are always happy to have helpful volunteers join our (all volunteer) team to provide the high level of support and service the Dinero community deserves.
I feel the community has made the right choice here. With governance finally working, we will be able to start setting aside some Dinero to cover the operating costs of the coin, pay developers to make enhancements or build new features, and embark on whatever project the community can envision and the masternode owners vote to fund. With Proof of Stake versus Proof of Work securing the network and creating new blocks, we levle the playing field by removing the physical hardware barriers to GPU mining and remove a great deal of the energy consumption needed to run high-end GPUs. A cheap (or in some cases free) VPS is all you need to keep your wallet open 24x7 to maximize your chance at staking rewards.
We're looking forward to this next new chapter in the journey of Dinero, and happy to be taking it with our wonderful community of crypto enthusiasts!
It's official, you have voted and Dinero will switch from Proof of Work to Proof of Stake! The very capable @240180844130598912> will be the lead dev for this project. We are going to take a fork of Phore. This will enable the governance system, give us a nice clean start with a fresh masternode network with every node on the same protocol, and remove the high energy consumption requirements from mining the coin and keeping the network secure.
From a high-level perspective what will happen is we will announce a date when we will do a snapshot of the Dinero blockchain. We will use this snapshot and import all of the addresses into the new PoS blockchain. You will back up your private keys, download the new wallet (when it's released), and import your private keys. Bam, your Dinero is there. Masternode owners will need to update their VPSs as well and restart their nodes. We will have a guide and a script to do this part for you. The whole thing will take just a minute or two for coin holders, and maybe 10 or 15 minutes for masternode owners.
ANALYTCA is rebranding and will now be known as blockciti, your one-stop shop that grants access to the vast amount of information related to Blockchain Technology. blockciti includes four main resources:
HOWDY, a social media hub where you can chat with other crypto enthusiasts; featuring blog posts, file sharing, and group discussion boards.
BUZZ, a relevant and current news source for all topics related to Blockchain
STATS, a place to track your cryptocurrency prices in real-time, obtain coin information, statistics, and coin listings.
MISSION, where new projects can make introductions, obtain marketing solutions, hold contests to engage communities, get feedback, and organize airdrops or bounties.
Welcome to blockciti!