zmeldg

Members
  • Content Count

    45
  • Joined

  • Last visited

  • Days Won

    17

Everything posted by zmeldg

  1. Thank you @Arai_Ezzra for the comprehensive answer to my question and for enlightening me. Wow! This is really amazing. If we will all be positive enough and continue utilizing DDK and create a lot of use cases then this will provide unlimited opportunities, as I said in the bounty contest write up, it will provide blessing that there will not be room enough to store it. Follow up question on this, since the smart contract for the staking rewards was in place and the rewards scale is already defined, will that mean that even if the supply is unlimited, it will stay 2% staking reward forever? Or there will be corresponding smart contract for the supply created thru proof of burning and from the fees used? If so, what will be the future staking rewards scale? Thank you so much, Zmel
  2. Thank you for the notice @Arai_Ezzra and I am glad to always provide insights. That's the good thing about blockchain and DDK crypto in particular, stakeholders has all the freedom in the world to make decisions for their assets. I hope we get to reach far more countries and adoption will significantly increase.
  3. What else is there to ask for the above element of DDK Blockchain? DDK Blockchain is open to everyone and borderless, both a common characteristic of a public blockchain. It is so transparent that we know the max supply of 45 million. We can even project when will all these be in circulation. We know when possible halving is happening based on the number of blocks created daily and many more. The launching of Explorer 2.0, made it more transparent to what is happening inside the blockchain. Although transparent, DDK blockchain is also secure. We can see that a number or amount of DDK is being staked or frozen, which block it was executed, its transaction ID, even the address of the sender, complete details of date and time, the type of transaction and the corresponding fee. Take the image below as a very good example of its transparency. A certain addresses has managed to stake 785 DDK. as mentioned although transparent, the owner is anonymous, no one knows who owns it. Its all part of the security and making it impossible to control the owner. That impossibility to control is a proof of decentralization. Only the owner has full control of his assets and what to do with it and no one can dictate him, because in the first place he is anonymous. He owns the responsibility and he alone initiates the strategy. For example other stakeholders may have not stake all the 785 DDK in one address to take advantage of the ARP reward. Others may have stake the 500 DDK in one address, whose 3 upper referee gets 2%, 3% and 5% of 500 DDK as referral reward respectively. On the other hand, the remaining 285 DDK, may have been put to another address as referral of the address with 500 DDK, maximizing the possibility of staking, referral and chain referral reward. Well of course unless this address is in the bottom of referees with 15 levels already and all are with 500 DDK staked in it, then I envy the owner of this account, hahaha. That's blockchain. It's open to everyone, so it will never be racist. Borderless because you can send DDK to any country of your choice and no one will ever stop you and you will not even use a passport or any document to send any amount. No third party shall tell you what to do so be responsible to take care of your assets because no one will reset something to give back your passphrase if you loss it or forgot it.
  4. Hello to those who could enlighten me on this one! I have been wondering this for quite a while now and decided to post and ask it here in the "Ask anything about DDK". Can you help me enlighten on how was the 45 Million total supply projected to become completely circulating supply. I have run some monitoring and getting trend that will give an earlier year of having all the 45 Million be in the circulation. What I am getting is Jan 26, 2025. Thank you so much. Circulating Supply 1/26/2025 79.46% 45,000,000.00 806,334.59 0.05% 0.05% 09-May 18.75% 8,437,354.61 0.03% 0.03% 10-May 18.78% 8,452,409.14 0.03% 0.03% 11-May 18.82% 8,467,295.58 0.06% 0.06% 12-May 18.87% 8,493,322.17 0.07% 0.07% 13-May 18.94% 8,523,988.64 0.23% 0.05% 18-May 19.17% 8,628,008.35 0.12% 0.06% 20-May 19.29% 8,680,913.04 0.15% 0.04% 24-May 19.44% 8,747,653.44 0.10% 0.05% 26-May 19.54% 8,791,096.74 0.85% 0.05% 13-Jun 20.39% 9,173,628.36 0.09% 0.05% 15-Jun 20.48% 9,215,518.39 0.06% 0.06% 16-Jun 20.54% 9,243,689.20
  5. Daily rate taken today, 63.43% consumed today (6/15/2020) vs 62.46% consumed same time yesterday (last night) 6/16/2020, stands at 0.97% daily consumption of ARP allocated reward. 0.97% is the highest ever rate recorded consumption. That is translated to 8,760 + DDK consumed available airdrop. 15-Jun 62.46% 562149.2586 0.97% 0.97% 16-Jun 63.43% 570910.4704 8761.2118
  6. Thank you Master @Arai_Ezzra. Will do, will keep updating the latest figure regarding ARP and give a good view on what's happening.
  7. You're welcome @saifulpol. We will be able to intelligently strategize if we know where we stand. We already have limited time to take advantage of the remaining Airdrop reward. On the other hand, if we will be quick in consuming it and DDK halving is on its way, supply will basically be reduced hence if there will be more demand, then the scarcity will give DDK a higher value.
  8. Staking is I guess the best thing that ever happened in blockchain and cryptocurrency. Revolutionizing the usual mining of cryptocurrency which require deep technical knowledge and computing power to solve complicated algorithmic puzzle. To better understand the difference between mining and staking, you may refer to the link pasted below: https://www.tokens24.com/cryptopedia/basics/staking-vs-mining-cryptocurrencies#:~:text=The Advantages of Staking&text=The amount of coins grows,machines to participate in staking. Understand that although we said staking or proof of stake revolutionize the reward allocation and distribution of incentives to all stakeholders, it has also a share of disadvantages. As mentioned in the article, you automatically lock your funds and can't withdraw if you immediately need it. But I guess this is advantage to majority whose money are just sitting in Banks waiting to be devalued (well this is another interesting topic to discuss). Overall, the advantages of staking outweigh its disadvantage. Literally, staking is making your money work for you while you sleep. With the DDK, the staking reward and scale was predefined as shown in the image below. As we all notice the rewards is in a descending pattern until all the 41 Million DDKoin are issued or are all considered circulating supply. This pattern is called DDK halving. It is a process that reduces the issuance rate of the staking rewards at a certain period or block. In the reward scale below, staking rewards which started at 10% reduce by two percent after a year and decreases two more percent every six months until it reached 2% which will the prevailing rate until all DDK are issued. The big question is that, WHY IS IT THAT IT WAS IN AUGUST 2018 THAT DDK BLOCKCHAIN MAINNET WAS LAUNCH AND WAS THEN STARTED ISSUING 10% STAKING REWARDS IS STILL ISSUING THE SAME RATE EVEN AFTER NEARLY TWO YEARS (this August 2020)? Is it a misrepresentation on the part of the management? Is the smart contract not delivering what was specified in all documents specifically the whitepaper? The answer is No, the management will never misrepresent and has been true to their commitment in delivering all that was said. The content of the documentation has also been consistent with what is being delivered. Then why was 10% staking reward was extended up to two years and when will the halving or block reduction will really happen? To answer the question, we have to understand that the period (one year or six months) reflected in the reward scale for staking should be translated to number of blocks so that halving should happen in very specific time and manner. Before we can answer as to when the next halving is projected to happen, we should learn to translate one-year to a number of blocks. In many documentation it was shown this computation. 1 Block = 10 seconds 1 Minute (60 seconds) = 6 blocks 1 Hour (60 minutes) = 360 blocks 1 Day (24 Hours) = 8,640 blocks For 1 Year (365 Days) = 3,156,000 blocks Hence the 1st DDK Block Halving will occur once the block reached 3,156,000 block. Please refer to this document: https://ddkoin.com/documentation/Booklet_ARP.pdf As of 9:00 PM yesterday (14th of June 2020), the current block is at 2,412,684. That is already 76.45% of 3,156,000 blocks. At the current average daily rate of 0.17% increase in number of blocks, it is expected or projected that DDK Halving will happen in 5th of November 2020. This might possibly change depending on the number of transaction being done by all the stakeholders. Below is the the performance of blocks created and the projection done. What is then the possible reason that it took more than two years for the halving to happen? The DDK CORE 1.0 runs a transaction performance of 250 transactions per 10 seconds per block using real-time voting combined with a social system of reputation to achieve the consensus. At the current rate though, the average transaction done per minute is only ranging from 3-4 transaction per minute. I have pasted an example of number of transactions done in 1 minute. Only 3 transactions was done at 10:04 PM, between 10:03 PM and 10:05 PM. We are not therefore maximizing the power of the DDK Core. The main driver therefore is how the community actively transact and make DDK an enticing assset in the crypto world. The power is in our hands. We create opportunities. Although the incoming halving will reduce our gains, it will also reduce the potential circulating supply in the market and we can all work together to create demand and we expect that halving will reduce the supply, then it is a very good formula to increase the value of DDK. In the end, what we have work hard for will be beneficial to all of us. After all, with DPOS we have simply done staking, voting, gaining and staking cycle. Keep staking, Z
  9. The Airdrop Reloaded Program version 2, allocating another 900,000 DDK for distribution is nearing its full consumption. This is after consuming exactly 61% of allocated amount in just less than four months after its launching on 21st of February of this year. The reward is so enticing that it is expected to end soon. The details of the airdrop reloaded was published in an announcement as shown below: https://announcements.ddkoin.com/?p=1047#:~:text=Chain referral%3A DDK has a,the same as Airdrop 1.0. To be able to benefit from this program, a new set of requirements should be followed. One particular requirement is that, the account should be created after the launching of ARP 2.0 and as shown in the attached image, there are three minimum requirements to be able to qualify. To enable referral link, user should have minimum one (1) staked DDK. On the other hand, to qualify for the direct referral, user should have a minimum of 100 staked DDK. Lastly, to qualify for the chain referral reward, one should have at least 500 staked DDK in a particular account. Referral reward is 10% of whatever staked amount of the new referral and is divided into three levels while chain referral has a total of 20% of whatever referral reward got by the new referral and this is divided into 15 levels. Imagine a total of 30% free DDK for those who will be diligent enough to introduce DDK that will make the community bigger and stronger.Throughout the duration of the ARP, you need at least 9,000,000 newly staked DDK (considering only referral reward) to consume 900,000 ARP reward. That's a massive demand. I have been closely monitoring the performance of the ARP 2.0 for the past 3 months by the tabulating the specific consumed amount in a particular day. The daily consumption ranges from as low as 0.37% to as high as 0.86% of the total 900,000 available DDK for ARP daily. That has an average of 0.55% daily consumption or 4,950 DDK. But with the onset of launching Explorer 2.0, the consumption went up to an average of 0.73% daily or equivalent to 6,570 DDK. This rate significantly reduced the projected number of days that the ARP allocated reward will last. On the 3rd week of May, the projected date that ARP will last was up to 9th of September this year but as of this writing, the ARP will only last up to 17th of August. This milestone is proven by the recent spike in DDK value, even reaching 4 USD in Exmarkets Exchanger and even higher in other GE. This will change as more stakeholder choose to stake. Below is the recorded performance of ARP 2.0 % Left ARP UNTIL 8/17/2020 Consumed Ave Daily 38.83% 900000 362849.4439 0.59% 0.58% 06-Apr 20.86% 187695.3444 0.37% 0.37% 07-Apr 21.23% 191066.1634 1.27% 0.42% 10-Apr 22.50% 202526.1464 0.41% 0.41% 11-Apr 22.91% 206190.5894 0.92% 0.46% 13-Apr 23.83% 214514.1950 4.43% 0.55% 21-Apr 28.26% 254345.9760 0.55% 0.55% 22-Apr 28.81% 259293.1592 1.49% 0.50% 25-Apr 30.30% 272662.2497 0.74% 0.37% 27-Apr 31.04% 279339.3038 2.63% 0.53% 02-May 33.67% 303007.0000 2.89% 0.48% 08-May 36.55% 328973.8594 0.75% 0.75% 09-May 37.31% 335757.7844 0.86% 0.86% 10-May 38.16% 343459.3720 1.46% 0.49% 13-May 39.63% 356638.7683 3.19% 0.64% 18-May 42.82% 385391.2024 1.72% 0.86% 20-May 44.54% 400897.9737 0.63% 0.63% 21-May 45.17% 406564.2958 1.29% 0.43% 24-May 46.46% 418165.4558 1.50% 0.75% 26-May 47.96% 431635.5833 6.54% 0.73% 04-Jun 54.50% 490492.6229 1.42% 0.71% 06-Jun 55.92% 503256.7457 5.25% 0.75% 13-Jun 61.17% 550544.7883 Therefore, the remaining 349,455 DDK intended ARP will only last up to two more months or 65 days more or less. This is not the time think twice of staking more and delay all the selling while ARP is still available. This is the best two months to introduce DDK to more who will benefit from this cryptocurrency. We need DDK as asset for the future is understatement because DDK is the future. Keep staking!
  10. DDK is the future. No doubt about it. Its existence is beneficial. It has a heart for the victims of pandemic. Its success is divinely guided. All that was promised was delivered not by the time man has planned it but with the time all things are allowed to happen. The trials along the way has revealed who the true community are and those with hidden agendas were destined to vanish. Malicious intentions didn't succeed. Be it by an individual or organization such as a Global Exchanger. Those can't be prevented by man alone. No one else can, only divine interventions. Anything about DDK is well thought. The blueprints were intelligently executed and those behind the project is gifted with unquestionable intelligence. DDK's transparency is evident. It utilizes all the possible medium where the community can learn and see everything that is happening with DDK. The Management's commitment and untiring dedication to deliver is the power that resulted to the creation of strong community. Said community will further help in bringing DDK to success that will provide blessing that there will not be room enough to store it. DDK blockchain's legitimacy is proven by the platform that delivered all that was written in the Smart Contract. It will take days to mention each of the functionalities, the rewards being provided and all the characteristics that was mentioned in https://ddkoin.com/. Despite all the the undeniable features of DDK blockchain and the economic opportunities it created to its strong community, it is worthwhile to mention five interesting facts why we need to have DDK as our future asset: 1. DDK, just like all the top cryptocurrencies, is here to stay - In an article released and can be read in this link, https://www.goldmoney.com/research/goldmoney-insights/payments-panic-and-the-ending-of-fiat-currencies, it was mentioned that "The timescale for the demise of unsound fiat currencies is likely to be very short, by the end of 2020 - exactly three centuries since a similar fiat currency experiment failed in John Law’s Mississippi bubble.". This and many more article proves that fiat currency will soon vanish and will have no value because of the uncontrolled addiction of printing more money out of thin air. 2. DDK's value will appreciate - we can't escape comparing DDKoin as a cryptocurrency to Bitcoin. As of this writing, Bitcoin price is $ 9,505.74 when its starting price in 2011 was only at $ 0.30. We are confident that the success of Bitcoin, although in a different scale, will be the success of DDK because although they are similar in some ways, DDK preponderate Bitcoin in so many ways. This article explained how by staking you get DDK in return, much simpler than mining Bitcoin. https://blog.ddkoin.com/2020/05/22/theres-no-place-better-for-staking-voting-than-the-ddk-platform/ 3. The convenience of cashless - contrary to the belief that if you don't have cash, you are an unfortunate individual; nowadays you can actually survive without any cash. If you have $20,000 and managed to buy DDK at its current price, you will be getting almost 7,000 DDK. Staking said number of DDK will assure you of 700 DDK every month as staking reward (well until the next halving). That amount can now be withdrawn and deposited to a Global Exchanger and exchange with any cryptocurrency that can be exchange with local money or fiat. You dont have to withdraw and hold the physical money because you can directly settle bills using e-wallets or online banking after doing fund transfer. 4. DDK is a way to make money while you sleep - “Don’t work for money, let your money work for you” is the most popular term utilized in the finance world. No one can become rich and stay wealthy by just working for money. Bills are filing up, family's need never ends, and its hard to cope up with the ever changing lifestyle. The opportunity DDK provides will help an individual cope with all the financial need and challenges brought by these challenging times. Clearly, DDK is an asset that puts money in your pocket even if you are no longer working. 5. You and you alone manage your DDK - You have full control of your asset. No third party will ever dictate what you will do with it. You own the opportunity but you alone is responsible for the potential risk. No one gets a cut or will ever ask a percentage of your DDK. No regulation shall ask that having to own DDK will require payment to institutions. Its decentralize nature is a freedom that you should be responsible enough to carry on. Clearly, owning DDK today will secure individual's future. It is something that should not be neglected. DDK is a financial freedom. Happy Independence Day, Philippines
  11. For SH who would want to exchange their crypto to Philippine Peso (Php), deposit your DDK to Exmarkets, trade DDK with ETH or BTC then withdraw to local exchanger called Coins Ph. To save fees transfer ETH or BTC to Coins Pro and exchange with Php. Cash out Php from Coins Pro to Coins Ph then cash out to any known banks in the Philippines. If you want lesser fees, deposit DDK to Exmarkets, exchange with USDT, withdraw and deposit to another Global exchanger with XRP, trade USDT with XRP then withdraw to local exchanger called Coins PH. To save fees transfer XRP to Coins Pro and exchange with Php. Cash out Php from Coins Pro to Coins Ph then cash out to any known banks in the Philippines. Hope this helped! Keep staking, Zmel
  12. They say, charity begins at home. If charity means compassion, kindheartedness and benevolent goodwill toward or love of humanity, then we really have to start it at home, but it should not end there. During this pandemic, we see a very challenging future for humanity. New norm will be in place and adaption to technological advancement and digital transformation will be an edge . Those who will have resistance to change will be left behind and will have hard time coping up with the global challenges. Lack of knowledge will contribute to the incoming depression due to a lot of factor such as recession and lack of support from the Government. Who else then should we prepare first not only today but most importantly their future? It is with this premise that I decided to educate my children and make them aware of blockchain technology and cryptocurrrency at a young age. Making them understand how the technology works and how knowledge of these will secure their future and be ready for whatever challenges they will face in the future. Of course, DDK blockchain will be their subject for opening doors to these technology and will be their school in broadening their financial understanding. To make it a little exciting and rewarding, I have formulated a way where they can start investing on their own and do their own staking, voting, gaining, staking again and voting. We have agreed to DDK Investment scheme and reward system based on physical work they do. Out of their monthly school allowance, 25% will be deducted immediately and will serve as their investment. Instead of giving them cash gift, we also decided to give DDK as birthday gift. They will also be rewarded for good standing in school and DDK will also be given for household chores. This a proof that blockchain is borderless, decentralize, secure and transparent. They manage their own account and enjoying enhanced security and financial benefits. More than anything else, they are now more knowledgeable on finances. The number of DDK invested gains every month and this more than an insurance for their future. Soon they will learn trading and other complicated aspect of the technology. There is literally no limit to what they can achieve if they will start young. Even before 45 Million DDK will all be circulated by 2028, they will be ready for whatever the future brings. I hope I have shared valuable material and inspired others. Keep staking, Z
  13. Dear @Arai_Ezzra, Appreciate you taking time to comment on my self introduction. I hope it somehow inspired others, the same inspiration i got from the great minds behind the DDK blockchain. Thank you too for choosing it as one of the winners. Zmel
  14. As we celebrate the first anniversary of DDK Main-Net, today 15 of my interested colleagues joined me in a session to introduce DDKoin to them. Using MS Teams, we were able to discuss a view background on blockchain technology, cryptocurrency, global exchangers, POW/POS/DPOS. After introducing the basics, I toured them in the mainnet and introduce the functionality. As a working individual, I showed them how easy it is to gain by just buying DDK form exchangers, sending to DDK wallet, staking, voting, getting reward, staking again and voting cycle. I told them that it will not require them to much time and they will benefit from the staking reward. I also mentioned that if they will help to make this coin known to a lot of colleagues, it will drive demand and will soon make the value of DDkoin higher. This benefit is on top of the referral and chain referral reward that they will have. They were too delighted to have known this but was even jealous that they were not able to know it earlier. I have fulfilled my promise to share my 20 DDK winnings to a good cause, 5 of which was already donated to DUREF and the original plan of sharing 10 DDK to 10 FIlipino friends and keeping 5 for myself and for demo purposes became a total of 15 DDK shared to 15 colleagues who specify their interest to join and invest more. They said that this pandemic became their opportunity to learn more and to benefit from the emerging technology. They understood that this is the future. They like the idea of decentralization and the neatness of how the project was created through a smart contract. I will never get tired of introducing DDK to more of my colleagues because this is the future. Thank you for the opportunity. Keep staking, Z
  15. It's either we adopt or be left behind. This is my take on digital transformation of society through cryptocurrency. DDK for me is the next big thing. Hello, my name is Zmel Grabillo from the Philippines. I am working in Maynilad Water, one of the concessionaires of the Metropolitan Waterworks, handling two business areas covering several cities in Metro Manila particularly the Cities of Valenzuela, Malabon, Navotas and potions of Caloocan and Quezon City. My job requires a lot of time to focus on a lot of major key performance indicators. Just like in any other organization, the measure of success is sustained growth. Therefore gearing up for the future is very important. Not only that, sustained growth should be aligned to meeting the service obligation specified in the Business Plan as indicated in the Concession Agreement. So everything that we do should be coupled with efficiency, prudence, and satisfying customer or customer experience. Bottom line, I don't have a luxury of time to work on complicated things requiring time but of no value or less beneficial. I came to know the then, DNC using ETPS wallet platform in October 2017 from a respected senior colleague. The marketing plan and the reward system were few of the reasons I got interested plus the fact that it was not so time consuming because you have the option to just make it a passive income or invite others to join and enjoy the same benefit of the passive income. Back then, I don't have any background about blockchain, cryptocurrency, ICOs, POW/POS/DPOS, and other known terminologies relating to the technology. This made me uncomfortable during the migration to DDK platform and to the conversion of DNC to DDKoin. I was confused, uneasy and unsure of the future. But the transparency, constant communication in many medium and platform of the management made me to hold onto and surprisingly buying more towards the start of the migration. I can't say it was a wise decision. Most will say it was a big loss comparing the amount in Phillipine peso (Php) of the purchased of DNC to the volatile and decentralize value of DDKoin when it was launch up until now. But that didn't hinder me from discovering the opportunity of the DDK blockchain and what it has to offer. Again, it was the faith of the management and other shareholders and the transparency of all the works involved that made we believe more. I thought I will not be able to recover if I just rely my own investment on the decision, suggestion and analysis of others. At this point, I started doing my own research (DYOR) and I kept on asking questions to colleagues who understand the subject matter better. So when i started creating my first DDK account in September 2018, I was ready to gamble and decided to move forward. I began trusting myself and keen on discovering new things related to blockchain and cryptocurrency. I also appreciated the development done with DDKblockchain from the day it was launched. More than eighteen (18) months had past and I did the right decision. I understood more the fluctuation of DDKoin value and despite it's volatility, I am still gaining something to settle utility bills. It still doesn't take so much of my time as it only requires a vote every week and gains every after 4th vote. It was the easiest investment cycle I have ever encountered - stake, vote, get reward, stake, vote and so on. I am more excited of what the future holds for DDK but I am certain that this is the future. Its blockchain surpasses a lot of crypto project out in the market. Even some of the known coin will be having a relaunch which will utilize DPOS protocol. I have also learned to trade DDK to other crypto and do it if I have spare time to do so. I have developed knowledge in understanding the complexity of the variety of exchangers. This i owe to DDK and to all the great minds behind it. This made me inspired to pay it forward and orient more colleagues to learn the technology and create opportunity for them as well. I have allotted 10 DDK of my winnings in the #workfromhome challenge to give a free one DDK each to ten of my Filipino friends who are interested in learning blockchain and cryptocurrency. We will be having their first session through MS Teams, a work from home set-up, tomorrow, 25th of April, Saturday 9 AM. With the expected use cases in the coming years, DDK will be bigtime. Appreciating all the hard work of Datu Arai Ezzra and CEO Nurshuhada Zainal and the rest of the DDKoin team. Thank you as well to all the friends whom are all great influencers and teachers in discovering the norm of the future. I am certain that I will not be left behind. PS: Sharing one of the segment of our company newsletter featuring the work that I do. Keep on staking, Z