Before we start, the first thing the Dimecoin team wants to do is recognize and thank all the community members who have helped conduct our testnet over the last few months. Your feedback, help, and support have allowed us to make tremendous strides with our development. So thank you, we could not have gotten this far without you!
As Dimecoin Network readies for its much anticipated “Phoenix” update, which will introduce staking and masternodes to the blockchain, here is a project update and final review of testnet. …
Windows and Linux binaries have been released for those who wish to partake in the public testnet phase of the Dimecoin blockchain consensus upgrade.
Anyone who wishes to participate should join our Telegram or Discord groups to download the appropriate binaries. Please read this in its entirety before running testnet!
Below is a simple guide to help launch Testnet on Windows
Step 1: Backup Existing Wallet and Data Directories|
Most importantly, before running testnet, be sure to make a proper backup of your existing Dimecoin wallet before proceeding to be safe. Testnet will not interfere with the functionality of your current mainnet wallet. However, if you fail to launch testnet correctly, you…
Greetings Dimers! First and foremost, we want to wish everyone a happy and healthy New Year! We hope that everyone was able to enjoy the holiday season with family and friends. We think most would agree that 2020 was not the best year, and one we are sure many will wish to soon forget.
Not only in terms of Dimecoin® but life, in general, has not been easy. Just on our relatively small team, we have seen an impact that has made everyone’s life more difficult over the better part of the last year. So, we can only imagine how…
Dimecoin Network is committed to supporting its team members, our community that spans over 48 countries, and our colleagues from around the blockchain and cryptocurrency sector during these uncertain times.
We are closely monitoring the rapidly evolving COVID-19 developments. We know that in times of crisis, financial intermediaries play invaluable roles in supporting their communities. We understand this role, and our team is continuing normal operations and work hours. Fortunately, we have always existed as a virtual team, and our team continues to work out of home or executive offices, remaining socially distant but virtually available.
Dimecoin Network would like…
First off, we want to wish everyone a happy New Year and hope that everyone stayed safe and enjoyed the holiday season. As we close out 2019 and move into the new year, we would like to take the time to thank everyone who continues to support our project, which has allowed us to get to where we currently are today.
Q4 Overview
Consensus Upgrade
Work continues to progress. Our goal is to make sure to avoid any significant issues with the implementation of the new consensus mechanism. Understandably, many eagerly are awaiting the update. …
State of Affairs and the Dimecoin Network Organization
Before getting into any technical updates, we would like to take the opportunity to address some concerns regarding the state of the project. Over the past several months, we have noticed a growing concern over the status of Dimecoin Network. From conversations and interactions with the community, we have determined there are several reasons for these sentiments, chief among them, the appearance of an overall lack of progress regarding the new blockchain consensus mechanism.
Let us remind everyone where Dimecoin Network, LLC, sits within its business life cycle. Dimecoin Network, LLC, is still in the startup and launch phase of…
Core Team Moves To Establish Non-Profit Foundation
As the core team prepares to enter the project into its next phase of development, the appropriate steps must be taken to ensure the core team stays true to their mission. One of the main tasks the core team faces, the fundamental root of blockchain, is making sure its network participants receive total transparency. Additionally, as highlighted in the whitepaper, the core team has recognized the importance of giving back. Helping those less fortunate and granting the ability to “self-bank” has remained a constant priority in the creation of a fully functioning payment solution.
To achieve this, the core team…
Dimecoin Network is pleased to announce that Dimecoin (DIME) will now be accepted as payment at Smart Crypto Cafe in West Palm Beach, Florida.
The Smart Crypto Cafe labels itself as the first “cryptocurrency cafe” in the United States. Owner’s Mark Laymon and Nelson Winter want the cafe to be more than just another coffee shop. Their goal is to help fuel the adoption of cryptocurrencies. Ultimately, Smart Crypto Cafe will provide customers with a place where they can gather to discuss the industry, educate others, and network with those who are curious about the technology.
The Dimecoin Network team realizes that for Dimecoin (DIME) and cryptocurrency to be successful, a requirement for a strong and active community who supports efforts in achieving mass adoption is necessary. It will be essential to bring people together from around the world to help support the initiative, raise awareness, and educate those around them. To help increase Dimecoin’s brand awareness and further the crypto industry, Dimecoin Network has put together an Ambassador program. …
Cryptopia
As many of you are already aware, Cryptopia has started to come back online and currently has their exchange in read-only mode. Dimecoin (DIME) is lucky and appears to have been unscathed from the attack. Regardless, it is encouraged to log in and check your balances.
As of last week, communication has re-opened between the Dimecoin Team and Cryptopia. Cryptopia was scheduled to update our wallets to v1.10.01 when the attack occurred. Subsequently, our wallets never received the upgrade before they shut down services. They are aware an update is needed to our wallets and have ensured us they will…
Dimecoin Network
The Global Payment Solution.
