Every day, we are always eager to showcase the unique use-cases DMD diamond blockchain is bringing into the industry. While the latest upgrade – DMDv4, is closer to the beta stage release, we are adamant about getting the whole world aware of the features in anticipation of the release.
Hence, our subscription to the Web3Berlin conference – here’s an environment dominated by blockchain and crypto enthusiasts and users eager to know about the current revolutions in the industry. Our presence was indeed a success, as we showcased how an abandoned project got picked up by a small community of enthusiasts and how they have revolutionised it to the present day.
We journeyed them through how our strength was devotion to constant evolution – from DMDv1 to DMDv2 to DMDv3 and then to the upcoming DMDv4. DMDv1 combines a mix of industry-first blockchain solutions (Bitcoin, Litecoin, Novacoin, Luckycoin, and Florincoin) with Proof-of-Work / Proof-of-Stake algorithms for network security.
DMDv2 was based on Mintcoin, and it came to repair the PoS algorithm and redefined the coin rollout from static rewards with a short emission period of eight years to a schema with decades-long, constantly decreasing inflation. DMDv3 came afterwards, and it helped by making the network reward reduction curve in an improved, smoother, and more natural way.
DMDv4 is developed and comes with more sustainability mechanisms and lost coin retrieval mechanisms for even longer-term trajectories. With DMDv4, the blockchain realises the vision of a cooperative consensus (HBBFT Honeybadger) blockchain combined with a dPOS node election decentralisation mechanic (POSDAO). This affords us to boost higher throughput – all thanks to the advances in asynchronous consensus protocols and the inclusion of smart contract capabilities blended with a high degree of compatibility with the Ethereum ecosystem, which further creates a fertile ecosystem for business creation and growth.
In conclusion, our blockchain and its characteristics were not only known by the conference attendees, but we also connected with a network of blockchain teams, enthusiasts and users. This means a lot to us, and we are optimistic about seeing more partnerships from third-party companies to have their projects on top of our blockchain.
Is that not exciting? Stay tuned!
