Bitcoin Forum

Guys, I want to ask your opinion about DigiByte coin.

https://bitcointalk.org/index.php?topic=408268.0

I downloaded DigiByte coin wallet today. The wallet is super fast and the project looks promising due its wallet speed, solid dev team(couple of them senior members in bitcointalk), only 0.5 % Pre-Mine and 7 working pools already. They are currently working on DigiByte Block Explorer.

Let me know what you think about this coin..

Branding looks good but the coin lacks anything actually innovative.

I'd guess you'll see it on a cryptsy at some point but because it doesn't actually add anything major, I'd be really surprised if there is still an active community this time next year.

im mining it right now.  but pools are very slow to load as lots of miniers..  lets hope that its a good coin..

Exactly my thoughts. Gonna mine it for the next few days and then hope it hits Cryptsy at some point in the future and the value isn't completely terrible. The coin limit will probably mean the a single digibyte will be almost worthless though.

This isn't always a bad thing. When a coins market cap is so low, slight swings can give returns in the magnitudes. I'm not saying this coin will do that, and nor would I invest long, but short term volatility mixed with a high coin cap could prove to be a good quick in-and-out earner.

Very true- DOGE has been doing that all week.

lets hope its not like dogecoin worth .00032 or something like that...

A Block Explorer for DigiByte is up on http://altexplorer.net

Looks good, too bad I wasnt registered during the giveaways and I didn't get anything. If anyone like to donate I'd greatly appreciate it

D6DWATmaPz8MTaMBUSaVNY2r8BoQcrcqQX

sent 100 DGB to your address.

Just another useless, unneeded coin  ;)

The 21 billion isn't so hot comparatively. There are lots of coins with only minor differences. Some will gain marketshare though through branding, advertsing and partnerships.  It's a big world out there and lots of people want to get out of fiat.

Im only mining on a laptop, but i started mining digibytes today. it seems like they have a lot going for them right now with a good development team and all. hopefully this coin catches on and my few that i mined are worth something haha. that would be awesome.

They are transparent which is good. Other than that I'm not sure what they offer

Looks like they had a successful launch

yeah, the thread is hot and network is growing :)

They did the launch right, and pretty much what everyone has already said about branding and transparency. I like it as a short term thing, though I'll probably hold a smaller amount for a while like I do with most coins...

So 7 billion more coins than EAC
79 Billion less than doge

Price should be somewhere in the region of 0.0000014 BTC (66% of EAC). So every 100K would be 0.14 BTC (ish...)

I posted request in DGB giveaway thread. I have not yet received coins. my addr D8D5zv26G3AR2cqpdKabFEXePrYsCRgqkv

 thanks.

I find this coin promising, the main thing about a successful coin is not really what new they bring to the table, it's the branding/advertising and the continuous strife from the developers/community to get the coin used in something major that will make the coin successful + the communitys backing ofc. The team has made an impressive start so far and it seems they are committed in it for the long run, this kind of coins is what i like to see  :)

New DigiByte pool up at:

digi.42coins.com

Dedicated Server
4 CPU
32 GIG RAM
SSD

From what I have seen so far, DigiByte seems to have had considerable effort invested it its launch, design, graphics and community engagement.

Of course, it may be 'just another altcoin' that fizzles out along the way BUT, as it stands right now, it stands out from the crowd. Plus, it has a cool name which imho can really make a difference!

I would also acknowledge and thank the dev's for their issue of freebies which all helps to keep one's interest!


 

I have high hopes, and I put my money where my mouth is :)

If your looking for a small but dedicated pool for dedicated miners, check out:

dgb.Get-By.com (http://dgb.Get-By.com)

If you decide to come join us, please DO NOT use a password you have ever used on another site.

Thanks!
Samantha.
Admin @ Get-By.com

LOL

Sure. DGB will go beyond moon.

I think i`m a bit late but if you care to share thank you add. is on my sig.

**** A BRAND NEW P2POOL FOR DIGIBYTE COINS ****

Pool is brand new and needs some MORE miners though.

P2pools requires NO SIGN UPS, always payout DIRECTLY to your address each time a block in pool is found,
and p2pools CAN NOT recieve or hold your payouts!
payouts sent immediately, reguardless of amounts  :)

Just use your DGB wallet address as your miners username, and use x for password

your "username" in miner is what identifies your payout address
password can be anything, except NOT blank



checkit out here:  p2pool.neocities.org

it moves a lot on mintpal > interesting coin

Actually one of the most innovative coin to date with the implementation of DigiShield. And not the usual Kimoto Gravity Well copied by most of the coin.  :)

Official thread here:

https://bitcointalk.org/index.php?topic=408268.0

Agree with ronoa, and mintpal is one of the best exchange so 2 good reasons to invest in DGB

Whats special in DigiShield? Just asking for reference... I didn't see any good explanation in the OP link. I'm sure it may be there in 200 or so pages but summary would be good if you want to promote it.

Yes people need more explanation on why this coin is special.

why this coin is low since sunday ? this is strange..

it was at 80 last week and now 40...


I'm on mintpal

I am trying to test out my Digibyte (DGB) wallet. If someone can send a small amount to these two addresses I would appreciate it. I want to make sure it is working before doing larger txs. I can repay in btc if desired.

DEU8u6qJqd1WXsSGRy6XeHT8NUmKWyvu9R

DTKB4PCRusxV7V57N3hy9LZebU898zjccY

Thanks to anyone that helps me out here.

I'm not on my computer that has the wallet, so can't help you right now but try asking in the official thread: https://bitcointalk.org/index.php?topic=408268

DIGIBYTE (DGB) RAISES $250,000 AND EXPANDS OPERATIONS

https://www.cryptocoinsnews.com/wp-content/uploads/2014/11/13-digibyte-logo-300x300.png

DigiByte, an altcoin that is unique for several reasons, announced today that it has received an investment of $250,000. It intends to use this money in the opening of two new businesses: DigiPay LLC in Santa Monica, California and DigiTrade International Limited in Hong Kong.

Also read: PayPal Founder Peter Thiel: “Bitcoin Is the Opposite of PayPal”

DigiByte Goes Worldwide

One of the interesting things about DigiByte, whose motto is “you store & send data in megabytes & gigabytes, why not send money in DigiBytes?” is its use of five algorithms in mining.

These five algorithms are Groestl, Qubit, Scrypt, Sha256d, and Skein. Skein and Groestl appear in the X-series of algorithms, and there are other coins that have used the algorithms independently, such as Woodcoin, which uses Skein. Scrypt is the most commonly used algorithm in cryptocoins and constitutes coins like DOGE and Litecoin. Sha256d is the same one used for Bitcoin. Qubit is a bit more complex, used in a few of the more obscure altcoins. So, three CPU-friendly algorithms and two ASIC-friendly ones – something for everyone, it seems.

Probably a very good strategy, satisfying everyone’s needs, when launching a global currency with the explicit intention of competing with platforms like PayPal.

With a private investment made for USD $250,000, the DigiByte Team now has the financial backing to build software and services around the DigiByte core protocol and bring DigiByte further into the digital and real world markets. […] In collaboration with Tofugear Limited’s strategic retail, wholesale and technical development partnerships, the DigiByte core protocol is currently being developed into a range of solutions that will revolutionize the consumer’s daily life.

CCN
Tofugear is a Hong Kong company which does a range of things, including develop software for retail businesses and manufacturers. Partnering with a company at this level is another very good strategic move which can spell nothng but good for the currency, which presently trades at 18 Satoshi.

Since it has a dedicated development team of serious folks and will now have two businesses utilizing its currency in day-to-day transactions, this price seems low, and likely will not stay that way as word spreads and people gain a better understanding of the coin’s objectives and inner-workings.

Like other altcoins, the main thing going for DigiByte in the eyes of businesses is how much faster it is than traditional credit cards, Paypal, and even Bitcoin. A post on TofuGear’s website puts it this way:

At a fraction of the transaction time of Bitcoin, DigiByte is well-suited for buying everyday items such as a coffee or a pair of jeans in mere seconds. With this security and expediency in mind, the DigiByte Payment Network team is dedicated to becoming the global micro payments solution.

There are a lot of things to consider when considering a cryptocurrency alternative to Bitcoin. One of those things is how serious the people behind it are, and whether they will be there in the long-run. Many a coin has come and gone in the space of months, and sometimes folks have lost a great deal of money thanks to ineptitude or too much faith on their part. But when a development team treats the a coin like it is their job – which, if this is not possible, should they really be developing it in the first place? – it gives the public a certain sense of assurance not felt when the coin appears to be a hobby which could be bastardized any minute by a new video game or a change in the cost of hosting.

So, I don’t think this is the last we’ll be hearing of DigiByte, which is mined by the mammoth Ghash.io. Indeed, I think we might have the next Darkcoin on our hands in DigiByte.

https://www.cryptocoinsnews.com/digibyte-dgb-raises-250000-expands-operations/

ShapeShift.io has added DigiByte to Instant Altcoin Exchange. Check it out at shapeshift.io (http://shapeshift.io)

Digibyte already did so much more already ;)


DigiSpeed

DigiByte Tipbot

Easy miner

Trip around the world to make contacts worldwide

Such much more please read the whole thread ;)

https://bitcointalk.org/index.php?topic=408268.0 (https://bitcointalk.org/index.php?topic=408268.0)