Bitcoin Forum

Alternate cryptocurrencies => Bounties (Altcoins) => Topic started by: Cyberdapps on September 08, 2020, 05:57:16 AM



Title: Satoshi Club x Digibyte AMA - $500 Reward Pool
Post by: Cyberdapps on September 08, 2020, 05:57:16 AM
We are pleased to announce our next AMA on September 12th 2020 at 10:00 AM UTC Time: Satoshi Club x Digibyte 
 ⚠️Total Reward pool: $500

⚠️Requirement:
👉Join Digibyte   TG group  (https://t.me/DigiByteCoin)
👉  Follow Twitter  (https://twitter.com/esatoshiclub)
👉  Follow Digibyte   Twitter  (https://twitter.com/digibytecoin)


We will have the following structure:
Part 1️⃣: $100/6 users- We'll select 6 questions from the community. A user can post maximum 3 questions. 4 Questions will be selected from our website - please submit your questions on our official announcement at this link (https://esatoshi.club/ama-satoshi-club-x-digibyte-september-12th//) and 2 random questions will be selected from Bitcointalk thread, please post your questions in this thread.

Part 2️⃣: $100/10 users Open chat for 80 seconds. You can post Max 3 questions. Digibyte Team will select 10 questions and answer them.

Part 3️⃣: $300 - A quiz about Digibyte

Telegram groups:
 Digibyte   – @DigiByteCoin
 Satoshi Club - @satoshi_club
 Russian - @satoshi_club_ru
 Spanish - @satoshi_club_spanish


Title: Re: Satoshi Club x Digibyte AMA - $500 Reward Pool
Post by: JonahAp on September 11, 2020, 06:31:26 PM

All 21 billion DigiByte will be mined by the year 2035. After 2035 the miners will then rely on transaction fees alone...will this not lead to increase in transaction fees looking at the fact that digibyte is using a proof of work consensus...what impact do you think this will have on the transaction fees of DGB


Title: Re: Satoshi Club x Digibyte AMA - $500 Reward Pool
Post by: JonahAp on September 11, 2020, 06:33:20 PM
Digibyte Uses 5 cryptographic algorithms
Sha256, Scrypt, Skein, Qubit and Odocrypt. does this not make running the network quite difficult, complex and expensive how then do you overcome such challenges


Title: Re: Satoshi Club x Digibyte AMA - $500 Reward Pool
Post by: JonahAp on September 11, 2020, 06:34:33 PM
Digibyte once had  a peak Market cap of about $1.3B but currently has a market cap of around $290M what was it that caused such a huge drop in market cap for digibyte was there any significant events that led to this or it was just market conditions


Title: Re: Satoshi Club x Digibyte AMA - $500 Reward Pool
Post by: let098765 on September 11, 2020, 11:46:51 PM
According to your website,everyone that is working on the DigiByte blockchain is an unpaid volunteer who devoted their time and skills to a project they believe in. How intriguing is it, and how possible is it as we knew that being a developer is a tough job? Do you have any deal with the them while working with Digibyte? Is this still ongoing until now?


Title: Re: Satoshi Club x Digibyte AMA - $500 Reward Pool
Post by: let098765 on September 12, 2020, 01:39:33 AM
Digibyte is already established and stayed in the market for such a long time. For over 6 years in the market, I know that you also gone through ups and downs . How did you manage to overcome all those difficulties you have encountered,what is your inspiration and motivation? Can you share some secret of success for sustaining in this huge and complicated market with many competitors existing?


Title: Re: Satoshi Club x Digibyte AMA - $500 Reward Pool
Post by: let098765 on September 12, 2020, 01:50:25 AM
Can you explain more about Digi-ID? How it works in Digibyte network and also to the users? What are the benefits and advantages when utilizing it?


Title: Re: Satoshi Club x Digibyte AMA - $500 Reward Pool
Post by: bitmartbounty on September 12, 2020, 02:23:01 AM
Digibyte uses PoW consensus with 5 algorithms. A interested in the ALGO MINING as I believe this is better than ordinary mining, can you tell me about the Minimum and maximum requirement as well as hardware requirements and APR


Title: Re: Satoshi Club x Digibyte AMA - $500 Reward Pool
Post by: bitmartbounty on September 12, 2020, 02:23:31 AM
Digibyte is unspent transaction output (UTXO) BLOCKCHAIN, kindly explain the major difference and similarities BETWEEN a UTXO blockchain and a conventional Blockchains


Title: Re: Satoshi Club x Digibyte AMA - $500 Reward Pool
Post by: bitmartbounty on September 12, 2020, 02:24:02 AM
What is Odocrypt, and how does it prevent 51 Attacks and Asic attacks


Title: Re: Satoshi Club x Digibyte AMA - $500 Reward Pool
Post by: saner2324 on September 12, 2020, 07:48:15 AM
How did you create the infrastructure that allows you to make Digibyte blocks 10 times faster than Bitcoin and Litecoin?
Can block formation rate slow down according to some factors? Can cyber attacks have an impact on block production?


Title: Re: Satoshi Club x Digibyte AMA - $500 Reward Pool
Post by: saner2324 on September 12, 2020, 07:49:09 AM
DigiShield shield was included in the infrastructures of very important projects such as Ethereum, Bitcoin Cash, Zcash. This is a great success but
Why is the DigiShield shield ineffective on 51% hybrid power attack reduction?


Title: Re: Satoshi Club x Digibyte AMA - $500 Reward Pool
Post by: saner2324 on September 12, 2020, 07:49:41 AM
How does Digibyte work to prevent malicious mining centralization and processing power fluctuations?
What role does real-time difficulty setting and password algorithm play in solving these problems?


Title: Re: Satoshi Club x Digibyte AMA - $500 Reward Pool
Post by: cryptopediabd on September 12, 2020, 11:12:57 AM
We all know the roadmap but what are some of the priorities of the Digibyte Foundation at this time ? Also it’s obvious that digibyte blockchain technology is superior to most coins but what are some of the use cases that we will see in future?