Show Posts

This section allows you to view all posts made by this member. Note that you can only see posts made in areas you currently have access to.

Messages - Orestes

Pages: [1] 2
News & Announcements / Re: Dynamic(DYN) Market Frozen
« on: July 26, 2017, 01:15:51 AM »

News & Announcements / Dynamic(DYN) Market Frozen
« on: July 06, 2017, 07:53:03 PM »
We have noticed unexpected behaviour on the Dynamic(DYN) chain. As blocktimes started to reduce and blockgeneration increased the difficulty retarget algorithm failed to gain control. We have observed this and concluded that the problem would not correct itself automatically.

As of 21:30 GMT+1 a snapshot of the chainstate was taken of the blockchain and Bittrex withdrawals/deposits have been frozen, trading can continue however. The new Dynamic is near completion and needs some testing, we aim for the swapout on Bittrex to be done in 2-4 weeks.

The swapout was planned regardless of recent circumstances, due to current events we are forced to act prematurely. We are sorry for the inconvenience.

* As the market is frozen until the new chain is live Dynamic holders that have their coins still on Bittrex will be automatically swapped by Bittrex. All other holder need to swap through, for this we will inform the public in due time.

* Further update on Dynamic, the block times have corrected and are spacing correctly again. We are still keeping the Dynamic wallet on Bittrex closed/frozen for withdrawals/deposits and are assessing the situation over the next 24 hours. Mining can continue and coins are still valid going onwards, trading can also continue for those that have Dynamic on the exchange already. If after 24 hours everything is ok, we will request for the Dynamic wallet to be unfrozen by Bittrex. The chain swap is still targeted for 2-4 weeks time on Bittrex for those that hold coin here and through Duality for those that hold coin off the exchange.

* We have notified Bittrex to reopen the wallet for Dynamic

News & Announcements / Critical Dynamic(DYN) Update
« on: July 02, 2017, 09:48:18 PM »

Duality Platform / Re: Project Duality Blockchain Solutions
« on: June 06, 2017, 10:20:00 AM »
The following model illustrates the enterprise backed currency platform:

News & Announcements / Dynamic v1.4.0.0 & Sequence v1.1.0.0 release!
« on: June 05, 2017, 11:24:53 AM »

Duality Platform / Project Duality Blockchain Solutions
« on: June 05, 2017, 11:21:56 AM »

Duality Blockchain Solutions ‘DBS’ is building a digital currency platform integrated into its business process. By converting received value from offered services into a digital asset, DBS is able to tokenise its product into a form that could be considered money. Tokenisation based on delivered services is what we define as ‘enterprise backing’.

Throughout history, there have always been problems in the money creation process. In the aftermath of WW1 the world reconciled itself into fiat currency after substantial debasements of gold backed currencies had taken place. During the 2008 banking crises and continuing unto this day the world is facing new problems. As demand for liquidity and the underlying debt increase into hyperbolic state, the increasing liquidity gap reaches critical proportions. This gap is problematic because it drives the need to create more liquidity at the cost of more debt, which in turn increases the potential gap. This perpetual cycle cannot end if no fundamental changes are applied. With cryptocurrencies, such as Bitcoin, the power to create scalable amounts of valued tokens is given back to the people. Now the experimental nature of entrepreneurs are given chance to find a workable answer in the competitive marketplace.

DBS introduces a product in the form of Dynamic(DYN). Dynamic is a digital tokenised currency running on a distributed ledger also known as a Blockchain. Dynamic will have the necessary elasticity to allow for a more stable exchange rate which is necessary to make it suitable for day to day transactions. A second tier network is built on top of Dynamic called the Dynode Network, this second layer is used to execute queries for services in the public domain i.e. Blockchain as a Service or ‘BaaS’.

As a company, DBS will be offering BaaS to help solve real world problems. Our first use case is HarmonIQ’s revolutionary health care patient identification protocol called NoID. The NoID solution provides a private, accurate and fast solution for identifying patients and enabling secure access to their protected health information (PHI). With NoID HarmonIQ has successfully entered into the finals of the CHiME National Patient ID Challenge in the United States, a prestigious competition with a total prize amount of $1,000,000. The success of NoID (and future service such as possibly decentralised pharmacies, registered mail, document transactions or governmental decrees) is what drives the tokenisation process. By which the request of a service produces a residual token of value. As the internal market matures into a more stable & independent currency platform, it attracts more businesses with use cases like the NoID solution. In contrast to the current negative fiat debt based system, this will be a positive enterprise based system.

We are reaching out for early stakeholders, corporate clients, partners and colleagues who are interested in our project and want to change the world with blockchain technology.
Related Links:
•   Duality Blockchain Solutions  
•   HarmonIQ Health Systems     
•   NoID patient registration      
•   CHiME Finalist                    
•   NoID Whitepaper                
I look forward to discussing business, collaboration and investment opportunities.

Kind regards,

Mark Sanders
Duality Blockchain Solutions
Business Developer & Strategist

Sequence / Re: What is special about SEQ?
« on: June 05, 2017, 11:20:19 AM »
Hello thebaron,

Sequence is a robust PoS coin, much like any other, what makes it different is the connection to Dynamic. Dynamic & Sequence are both blockchains developed by Duality Blockchain Solutions - 'DBS'. DBS aims to provide Blockchain as a Service - 'BaaS' to the real world markets.

DBS puts great importance to provide a stable token for business transaction, Dynamic is developed with this in mind. Sequence will act as its asset counterpart, making sure that Dynamic supply is linked to an asset token of value.

I hope this makes sense. A small introduction can be founde here:

Documentation and Guides / Re: How to set up a Dynode.
« on: June 04, 2017, 12:53:06 PM »
Hot Wallet
download bootstrap.dat
and extract to
Downoad and install Dynamic-Qt wallet
   Run Dynamic-Qt wallet and let it sync
Send 1000 DYN collateral as unique inputs to a unique wallet addresses
Tools>Debug Console
to obtain outputs and privkeys, you need a unique privkey for every Dynode that you will run.
   dynode genkey //gives 'generated key'
   dynode outputs //gives 1000 DYN collateral outputs
Tools>Open Dynode Configuration File
add for every dynode
[dynode_label] [vps-ip:port] [generated key] [collateral outputs]
Example: dn1 93HaYBVUCYjEMeeH1Y4sBGLALQZE1Yc1K64xiqgX37tGBDQL8Xg 2bcd3c84c84f87eaa86e4e56834c92927a07f9e18718810b92e0d0324456a67c 0
ctrl+s //save to file
close file
restart wallet
Cold Wallet
Initiate a server
Install OS i.e. Ubuntu 16.04
Download and install mRemoteNG
Connect to VPS
Username root
Password AaBbCcDd
Protocol SSH version 2
Port 22
mkdir .dynamic && cd .dynamic && wget && tar -xvf bootstrap-latest.tar.gz && rm bootstrap-latest.tar.gz && cd && wget && tar -xvf Dynamic-Linux-x64-v1.4.0.0.tar.gz && rm Dynamic-Linux-x64-v1.4.0.0.tar.gz && cd dynamic-1.4.0/bin && ./dynamicd
wait 5 seconds
ctrl+z //stop program
sudo apt-get install nano && nano ~/.dynamic/dynamic.conf
add the following lines [
   dynodeprivkey='generated key'
   ctrl+o //save to .dynamic/dynamic.conf
cd dynamic-1.4.0/bin && ./dynamicd --daemon --loadblock=~/.dynamic/bootstrap.dat
./dynamic-cli getinfo
# getinfo gives a summary output
# let the wallet sync until "blocks" matches blockheight
# grab a coffee
Hot wallet
Activate Dynode
Cold wallet
./dynamic-cli dynode status
# "Not capable Dynode: Dynode not in Dynode list"
# Wait until PRE_ENABLED becomes ENABLED
# "Dynode successfully started"
To restart Dynode server
cd dynamic-1.4.0/bin && ./dynamicd --daemon

News & Announcements / Duality Solutions & Interoperability
« on: June 03, 2017, 08:20:38 PM »

What actually happened at launch of Dynamic:

1. Windows memory use buildup caused by threads 2/3/4 of the Argon2d mining algorithm not being cleared correctly.

2. Due to the retarget algorithm not readjusting, but hashrate increasing, around 3 blocks every 10 seconds were being created.

These issues were very quickly rectified and we had to hardfork to implement the DELTA retarget algorithm to correctly space the blocks and Dynode rewards were adjusted to reduce liquidity on the market.

The company and developers didn't benefit from this period as the team was busy working on rectifying the issue and ensuring that the community of users were supported.

Due to the fact that we had public testing groups for Dynamic, months in advance of launch, meant that people had plenty of information on how to build OSX, Linux and Windows binaries from the source, not that they had to as we provided binaries as well for testing.

This is not to say that the launch could of gone smoother, but all in all we survived 5 days of what was a nightmare for the team, with the constant worry of the chain forking and having to do a rollback, which would of meant repaying ICO payments, as well as a plethora of other tasks.

So, all in all, we handled the situation as best we could and ensured the stability of the network and the investment of the users, which is our priority.

Business Development / 04 - Duality Metaphysics
« on: May 11, 2017, 08:56:10 PM »
Exploring the nature of Duality the its extreme i've come to a deep appreciation of balance and hormony. The result is a mix of knowledge and artistry, I hope that the fundamentals of it can be a guide in both structures and processes.

Business Development / 03 - Life Cycle Management
« on: May 09, 2017, 11:51:20 AM »
Example application of this document's content can be found at 02 - Organising Community Contribution.

Dynamic / Re: Superblock Discussion
« on: May 02, 2017, 07:00:25 PM »
Each month a possible superblock of DYN 10,000 could be distributed among proposals. The proposal system has been carried over from Dash, I must confess that I havn't played with it myself. Maybe someone else can chip in?

Pages: [1] 2