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
Poloniex Announces Plans for Potential Bitcoin Turmoil
by Ken Chase on July 26, 2017 at 6:45 am
Digital currency exchange Poloniex issued a press release Monday detailing the company’s overall position on any potential Bitcoin turmoil that may arise in the next several weeks. That announcement made clear that the exchange would reserve the right to temporarily halt Bitcoin deposits and withdrawals if that becomes “necessary to ensure that all tokens stored on Poloniex remain safe.” Read Mor […]
LSEG Testing Blockchain Platform for SMEs
by Ken Chase on July 25, 2017 at 6:25 am
Reuters recently reported that the London Stock Exchange Group is partnering with IBM to develop a platform that will digitize the issuance of private shares for small and medium enterprises (SMEs) in Italy and throughout Europe. The LESG system has been built to store and share transaction records for SME SME shareholders, in a safe, “gated” environment. Read Mor […]
Some Japanese Retailers Could Suspend Bitcoin Use
by Ken Chase on July 23, 2017 at 5:17 am
With continuing uncertainty about the near-term fate of the Bitcoin blockchain, the Nikkei Asian Review is reporting that restaurants and retailers could temporarily stop accepting Bitcoin as payment for goods and services. Though most experts seem confident that recent events have helped the currency avoid a contentious split, some Japanese exchanges remain wary. And that lingering concern has left many Bitcoin-accepting businesses scrambling for a contingency plan. Read Mor […]
Bitfury to Host Third Annual Blockchain Summit on Branson’s Necker Island
by Ken Chase on July 22, 2017 at 2:54 am
The annual Blockchain Summit is scheduled to begin on July 25, and this year’s event will see attendees gathering in one of the most exclusive locations on Earth. The Bitfury-hosted conference is being held on Sir Richard Branson’s Necker Island – a 74-acre Caribbean paradise located in the British Virgin Islands. Fifty of the world’s most influential thought leaders will assemble there for a three-day getaway to discuss a host of issues related to blockchain technology. Read Mor […]
Court Permits ‘John Doe’ Bitcoin Owner to Challenge IRS Coinbase Summons
by Ken Chase on July 21, 2017 at 1:48 am
United States Magistrate Judge Jacqueline Corley issued an order this week allowing an anonymous Bitcoin user to challenge the IRS summons compelling Coinbase to provide account information and transaction records for hundreds of thousands of its Bitcoin customers. In the order, the judge rejected the government’s effort to prevent ‘John Doe 4’ from intervening in the matter and seemed to signal at least some reservations about the broad nature of the agency’s demands. 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.