PPoS Test Report from Darmacash Community Member Solensson
Tags: Btc, Smart Contracts, Defi, Crypto, Anonymous

2020.4.4

Darmacash Website

This is Solensson. I am a crypto investor. My twitter is https://twitter.com/Solensson1.

Last time I bring you the DPoS (DarmaCash project team calls it PPoS) test experience of the DarmaCash project. Check here https://medium.com/darmacash-project-community/a-dpos-test-report-from-community-members-5a259e5c108e. Today I will share you something related to the PPoS at your wallet. I hope this article can make you clear how to check the information, income and corresponding common operations of your PPoS.

The DarmaCash project developer said that they used agile development methods for the development work. I think they are telling the truth because we see a lot of update and the testnet roll back several times. So let’s first try to find what the improvements are.

At the darmd daemon, press ‘enter’, you now can see the PPoS network status.

Also, I find that when use ‘buy_share’ command at wallet, you just need to input the number of votes you want to buy instead of calculating the figure at last version.

From these details, I think the project team puts user experience first, and projects that consider user experience are good projects!

Now let’s cut into the subject, after all, I think users are most concerned about how to find their PoS status.

Type ‘e’ command to start prompt mode.

Type ‘help’ command to list available command.

You can try the command one by one if you have time and it is a very interesting process.

‘list_share’ command

Type ‘list_share’ command to list your active staking information. As you see the output that I pledged 1,000 and 15,000 testnet toekns at pool ‘DMC_001’ and ‘DMC_TEST02’.

‘repo_share’ command

If you want to redeem the pledged tokens, use ‘repo_share’ command. The share ID can be get from the output of ‘list_share’ command. In the below example I redeem 1,000 tokens.

Type ‘list_share’ command to show the left active share. However you can type ‘list_share all’ command to list all the staking information including redeemed records.

‘list_share status’ command

Type ‘list_share status’ command to show your votes status. If the status is immature, it means you votes can’t be used for voting process, or in simple words, ‘immature’ means no reward. Once the status becomes mature, you will get your PoS reward.

‘show_stake_info’ command

Type ‘ show_stake_info ‘ command to show your profit of staking. It shows your last 7 days’ reward and total reward.

‘close_stake_pool’ command

Type ‘ close_stake_pool ‘ command to revoke your staking pool.

I think it’s a remarkable thing to complete the PoS function on DAG. The overall function and user experience are very good. I hope the DarmaCash project will continue to surprise me.

I am Solensson, you can follow me at https://twitter.com/Solensson1.

This article can be reposted but be sure to retain all information.

What is DARMA Cash?

DARMA Cash (DMCH) is a high-speed blockchain which aims to integrate state-of-the-art privacy technologies on the basis of Monero (XMR) to achieve truly private addresses, concealed financial data, masked identities, traceless IP, private Smart Contracts and DeFi based on Oracle and atomic swap technology.

DARMA Cash Project v2 is the next generation of DARMA Cash blockchain v1. Consensus algorithm is PoW+PPoS(We call the decentralized PoS without node restrictions Pool PoS, or PPoS) based on original cryptonight. DARMA Cash is industry leading blockchain to have bulletproofs, TLS encrypted Network. PPoS and smart contracts will be launched in this version.

Specifications:

Block size: 1.5MB

Consensus: PoW+PPoS

Premine: 3% (All is donated to community by project team)

Algorithm: CN (ASIC friendly)

Block time: 15seconds

Max emission: 460 million(DMCH)

Confirmation time: 180 seconds

Speed: 70 TPS

Official Links

Website：http://www.darmacash.com/

BTT：https://bitcointalk.org/index.php?topic=5193031.0

Community Links

Telegram：https://t.me/DarmaCash

Discord：https://discord.gg/MZTc5Hu

Twitter : https://twitter.com/CashDarma