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
India’s Supreme Court Calls for Government Response to Petition Seeking Bitcoin Regulation
by Ken Chase on November 19, 2017 at 1:04 am
The Supreme Court of India has submitted notices to several government ministries, seeking a response to a petition that calls for Bitcoin regulation. The notices were sent to three ministries – Finance, Law and Justice, and Information Technology – as well as to the nation’s central bank (RBI) and market regulator (SEBI). That petition cites Bitcoin’s perceived anonymity and lack of accountability, and references regulatory actions that have been taken by other countries around the globe. Read Mor […]
LendEDU Survey Highlights Bitcoin Investor Expectations
by Ken Chase on November 17, 2017 at 8:53 am
LendEDU recently published new data that offers some key insights into Bitcoin investor expectations. LendEDU conducted several surveys over the last several months, questioning Americans about their attitudes toward Bitcoin, ICOs and a few other digital currencies. Those surveys revealed a consistent level of excitement for cryptocurrency’s potential as a currency and investment prospect. Read Mor […]
Square’s Cash App Testing Bitcoin
by Ken Chase on November 15, 2017 at 7:33 pm
The Square Cash app is now testing support for Bitcoin, and has provided a select group of customers with the ability to buy or sell the cryptocurrency within the app. The new feature is part of an effort by Square to explore how the company can improve the Bitcoin buying experience for those who want to invest in the world’s most well-known digital currency: Read Mor […]
European Commission Studying Feasibility of EU Blockchain Infrastructure
by Ken Chase on November 13, 2017 at 8:26 pm
The European Commission recently announced the launch of a new 250.000€ study designed to evaluate the potential for creating an EU-wide blockchain infrastructure. The Commission’s goal is to set the “right conditions for an open, innovative, trustworthy, transparent, and EU law compliant data and transactional environment” Read Mor […]
Mnuchin: Treasury Watching Bitcoin ‘Very Carefully’
by Ken Chase on November 11, 2017 at 8:27 pm
The government’s views on Bitcoin were one topic of discussion during U.S. Treasury Secretary Steven Mnuchin’s interview with Yahoo Finance markets correspondent Nicole Sinclair on Thursday. The Secretary offered few specifics and no timetable for announcing an official position, but did note that he remains concerned about the cryptocurrency’s potential for facilitating illegal activities: 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.