Frequently Asked Questions
Where is the best place to research the different cryptocurrencies?
Which cryptocurrencies have the best features and technology?
Why do people invest in cryptocurrency when no one invests in regular currency?
Why do I have to buy bitcoin first in order to buy DNotes?
What is the difference between cryptcurrency and digital currency?
How is bitcoin different than a credit card?
What is the point of buying bitcoin?
Why bother learning about cryptocurrency when all I'm ever going to use is a credit card?
Why can't I buy bitcoin or the other cryptocurrencies at a bank?
Why is the price of bitcoin so volatile?
Why are people from countries with hyperinflation (Venezuela for example) using bitcoin?
Why do people think bitcoin is a ponzi scheme?
What is a web wallet and are they safe?
NewsDigital Currency, Fintech, and Blockchain News From The Industry's Leading Sources
Malta’s Cabinet Approves First Draft of National Blockchain Strategy
by Ken Chase on April 25, 2017 at 4:59 am
Earlier this year, Malta’s Prime Minister, Dr. Joseph Muscat, offered some innovative ideas during his keynote speech at the CEPS Ideas Lab - including a suggestion that Europe should work to become “the Bitcoin continent.” In recent remarks at an Economic and Financial Affairs Committee conference, he vowed that his country would take the lead by becoming one of the first to truly embrace the technology. Malta’s Cabinet has now taken steps toward that goal by approving the initial draft of what is being referred to as a national strategy for blockchain promotion. Read Mor […]
Hirosaki Japan Accepts Bitcoin Donations for Preservation of Landmark Park
by Ken Chase on April 24, 2017 at 8:12 am
According to reports on Coincheck’s blog, the city of Hirosaki has partnered with Coincheck, Inc. to begin accepting Bitcoin donations that will help in the city’s effort to preserve an important historic park. The donations will be used to maintain roughly 2,600 cherry trees, as well as a castle that was constructed several hundred years ago. The castle park complex and its famed cherry blossoms attract more than 2 million visitors each spring. Read Mor […]
Florida Bill Would Add Digital Currency to State’s AML Law
by Ken Chase on April 22, 2017 at 7:20 pm
Legislators in Florida are considering a bill that would add digital currencies like Bitcoin to the money-laundering statute. The legislation is a response to last year's dismissal of money-laundering charges in a case that involved a man in Miami beach. The defendant allegedly sold $1,500 in Bitcoin to undercover detectives who had reportedly told him that they intended to purchase stolen credit card numbers. Miami-Dade Circuit Judge Teresa Mary Pooler had thrown out the money-laundering charges after determining that Bitcoin could not be considered "money" as that term was defined in state law. Read Mor […]
Ethereum Movie Venture ICO Sells Out in Just Three Weeks
by Ken Chase on April 21, 2017 at 2:33 am
Over the last several months, we’ve been regularly updating our readers on the progress of an exciting new Ethereum-financed movie enterprise. Last month, we reported on the launch of the Ethereum Movie Venture token, which began its initial coin offering (ICO) for the EMV cryptocurrency on March 20th. Ethereum Movie Venture has recently announced that its Phase 2 ICO is complete, five weeks ahead of schedule. Read Mor […]
OKCoin Joins Bitfinex in Suspension of US Dollar Deposits
by Ken Chase on April 20, 2017 at 2:32 am
The week has gotten off to a frustrating start for some digital currency customers, as two major cryptocurrency exchanges have suspended US dollar deposits. Bitfinex announced on Monday that it would be unable to process wire transfers. Now, OKCoin has made a similar announcement, informing its customers that US dollar deposits will not be accepted. The suspension of deposits has been attributed to problems with the intermediary banks responsible for processing the wire transfers. Read Mor […]
Cryptocurrency Investment Savings Plan (CRISP)
CRISP For Retirement
CRISP For Students
CRISP For Kids
Peer to Peer (P2P)
Desktop Wallet: To store digital currency in a desktop wallet, you’ll need to download software to your computer. Before using a desktop wallet you should make sure your computer is secure.
Hardware wallet: a device that stores a part of a user’s wallet securely in mostly offline hardware. Hardware wallets are immune from computer malware which steals from software wallets. Hardware wallets are only connected to the Internet when making transactions.
Mobile wallet: A wallet which runs as an app on a smartphone. The wallet can store the private keys for your cryptocurrency addresses and enable you to pay for things using your phone. Mobile wallets are generally not full Bitcoin clients. They download a very small portion of the blockchain and rely on other trusted nodes in the Bitcoin network to ensure they have the correct information. This is good for convenience, but increases risk. Only use mobile wallets from a trusted provider.
Paper wallet: A cryptocurrency wallet that is never connected to the Internet. It consists of an address and two QR codes. The first QR code is a public address you can use to receive cryptocoins. The second QR code is the private key which you can use to spend cryptocoins stored at that address. A paper wallet is the most popular and cheapest option for securing cryptocoins. The benefit of a correctly made paper wallet is that the private key is not stored digitally anywhere, so is not vulnerable to cyber-attacks or hardware failures.
Satellite Wallet: The first deployments of this technology will still utilize the internet to access private keys. Upon full deployment, users will be able to use dedicated devices that interact directly with the satellite node in outer space. There are a number of advantages that space has which the earth does not, such as lower cost of producting energy, zero gravity, and cooling superiority.
Vault Wallet: Features all the convenience of a web wallet with several additional security features, and is among the safest places to store your Digital Currency. All transactions are signed using an offline process, ensuring the funds are safe and secure. Deposited funds are guaranteed with DNotesVault.
Web Wallet: Stores your digital currency online, on a computer controlled by someone else and connected to the Internet. One advantage of web-based wallets is that you can access them from anywhere, regardless of which device you are using.
2 Factor Authentication (2FA)
51 Percent Attack
Proof Of Stake
Proof Of Work
How To Use DNotes Vault
Step 2. Check your email for the verification message. Ensure it is not in your junk folder.
Step 3. Once logged in, go to dashboard and click Create Address to create your first DNotes address. You can create as many as you want.
Sending DNotes with DNotesVault
Step 1. Click “Withdrawal” on the address you wish to withdraw from.
Step 2. Choose “Regular” for a regular withdrawal, or “Timed Send” to create a smart contract
Step 3. Enter the DNotes address of the recipient. If they have a DNotesVault account, you can send it to the email address associated with their account.
Step 4. Enter the withdrawal amount. If creating a Timed Send contract, fill in payout frequency and payment amount.
Step 5. Click “Submit Request”, and check your email to confirm withdrawal.
Receiving DNotes with DNotesVault
Step 1. Click deposit on the DNotes address to which you wish to receive payment.
Step 2. Copy your deposit address and send the DNotes there, or give it to the person sending you the DNotes. If they have a DNotesVault account, you can have them send it to the email address associated with your account.
Retirement Account Setup
Step 1. From your DNotesVault Dashboard click on the “Retirement” tab.
Step 2. Click create address.
Step 3. Select the length of your retirement plan, add the name of your account where it says, “Label for this address”, agree to the terms and click Create.
Step 4. To fund your account, click Deposit. Send DNotes to this address.
How To Set Up A DNotes Wallet On Windows
Step 2. Use WinZip or WinRAR to extract dnotes-1.2.zip
Step 3. Open dnotes-qt.exe from the folder you extracted it to, and wait for it to synchronize. This process can take nearly 15 minutes to begin, and hours to complete.
Step 4. Once the wallet is synchronized, you may start sending and receiving DNotes, or set your wallet up as a server for solo mining.
How To Mine DNotes
Step 2. Decide whether you will be solo mining or wish to mine with a pool. We recommend new users, or those with low hashing power, join a pool.
Step 3. Choose a Pool
Step 4. Download a miner
Step 5. Open the location of your miner.
Step 6. Right click on any open space in your miner folder. Hover over New, and select Text Document.
Step 7. Open the document you just created, and type in the following information:
cgminer –scrypt -o stratum+tcp://dnotespool.com:8333 -u username.worker -p workerpassword
Step 8. Click File, then Save As. Change the File Name to DNotes.bat and change “Save as type” to all files. Click save.
Step 9. Open DNotes.bat, press G to alter GPU settings
Step 3. Ensure your DNotes wallet is completely synchronized before proceeding.
Step 4. Close your DNotes wallet and open the location of dnotes-qt.exe
Step 5. Open your Start Menu, and search: %appdata%
Step 6. Click on Roaming, and locate the DNotes folder.
Step 7. Move dnotes-qt.exe and all of it’s .dll files to the DNotes folder in Roaming.
Step 8. In your DNotes folder, right click on any open space. Hover over New, and click Text Document.
Step 9. Open the new document.
Step 10. Enter the following information in your document:
Step 11. Click File then Save As. Make your File name dnotes.conf and change File type to All Files.
Step 12. Click Save.
Step 13. Open the location of your miner.
Step 14. Right click on any open space in your miner folder. Hover over New, and select Text Document.
Step 15. Open the document you just created, and type in the following information: cgminer.exe –scrypt -o 127.0.0.1:8999 -u username -p password
Step 16.Click File, then Save As. Change the File Name to DNotes.bat and change “Save as type” to all files. Click save.
Step 17. Open your Start Menu, and search CMD. Open CMD (command prompt)
Step 18. Type cd (include one space after cd). Then drag your whole DNotes roaming folder into the command prompt screen. Press enter.
Step 19. In command prompt, type: dnotes-qt -server
Step 20. Hit enter, and the DNotes wallet should open as your server.
Step 21. Open dnotes.bat located in your mining folder. When your miner opens, you can adjust GPU settings by pressing G.
How To Run A Full Node
You should only run a node if:
-You have unlimited, high speed internet
-Your computer has sufficient storage space
-Your computer has at least 2GB RAM
-Active Antivirus Software is installed on your computer
Step 2. Open your DNotes wallet. If you haven’t downloaded a wallet, please refer to our how to guide or visit dnotescoin.com
Step 3. Leave your wallet open.
Running a full node helps strengthen the network by relaying new transactions from users to miners, and transmitting new blocks from miners to other nodes. Full nodes are also responsible for sending the blockchains transaction history to new users, and to wallets have been offline for a while.