Bitcoin Forum

As of this weekend, The DigitalCoin Foundation will hereafter assume the development responsibilities of DigitalCoin. Ahmedbodi, an early and reliable supporter of DigitalCoin (and great developer), is assisting with our transition and has accepted the role as developer of DigitalCoin.

The DigitalCoin Foundation will also assume the hosting and maintenance responsibilities of the DigitalCoin Github.

During this transition period, we are working on several technical upgrades to DigitalCoin to further stabilize the network and provide the reliability we've come to expect from our coin both now and into the foreseeable future. More details will be released after the initial testing phase has been completed, but they are very exciting changes!

Rest assured we will continue to improve DigitalCoin with the best intentions and the highest scrutiny.  The DigitalCoin Foundation aims for absolute transparency, so please, I invite any and all questions to be asked - and answered to the best of my (or another foundation member's) ability.

To the future of DigitalCoin - A currency for the digital age!

I can confirm that what was posted above is true

Ahmed

Why did baritus stop being the dev?

Because he dumped the premine and bailed; BCX can confirm, he chased him from thread to thread for awhile over it.

He is dedicating his time to CryptoAve exchange and feels DGC will be better off under the care of the Digitalcoin Foundation.  


-tb-

If the timing was closer to this occurrence, I could see the correlation. It's not. Also, it's in the past, and baritus is no longer the developer of DigitalCoin.

Instead this thread turning into 'baritus' 'baritus' 'baritus', why don't we focus a bit on DigitalCoin, ahmed, and the exciting things we have forthcoming.

If you didn't like baritus, and baritus was the reason for you not investing in DigitalCoin in the first place; let's put that aside, it's a dead issue now.

I think you will be kicking yourself if you do not add DigitalCoin to your crypto portfolio soon.

I also invite you to ask any questions you'd like in our IRC -- irc.freenode.net #digitalcoin .

These changes don't include a swap to PoS or anything do they?

No they do not.

Well, Ahmed Bodi is a solid dev and trustworthy.  I would buy more DGC just for that reason alone.

Looking forward to seeing what you guys put together.  Good luck!

Cheers!

What are you suggesting?  Maybe it's not friendly.  Maybe Baritus doesn't have a choice and he doesn't wanna be a good sport?  Hard to say but I'm glad DGC is finally on track to make some progress cause it's a good coin and has a great community.

Baritus announced this prior to me posting in the main DigitalCoin thread.

I thought it would be better to create a separate thread.

You're right; I apologize, I thought it was him. It was not.

He announced it on the DigitalCoin forums.

No problem -- didn't know if I could post links to other message boards or not......

http://digitalcoin.co/forums/index.php/topic,1261.msg9252.html

why didn't he post this info himself ?
or why not Mt CryptoAve ?

and why the vanishing act since his hacking incident ?

I think Baritus is scared of BCX.  Lol.  What a short sighted fool Baritus was.  Millions can be made off good cryptos (like DGC) in the coming 12 months and it can be done clean and honest.  He had so much pull and influence in this industry for a guy who can't even code.  Really pathetic.

I'm glad we have guys like BCX to kick these guys' [virtual] asses.  I'd do the same if I had mining gear.  We need a few Carl Icahns around here.  lol.

TBQH i cant comment on baritus's motives as i have no idea myself. The main thing is things are being handed over to the foundation so now we can make some real changes to DGC in v3

Ahmed

Although Digitalcoin is not necessarily a community coin now, it is under the control of a group of very well intentioned capable individuals. One man no longer decides what will and will not be done, and all opinions and suggestions are welcome.

After reading hundreds of anti-baritus posts from BCX in the name of fairness, honesty, and transparency, I am looking forward to hearing some constructive thoughts now that baritus is leaving.

TT

the public is going to want to see the guy with a shady past is out of the picture.
for the reason of investor confidence.

after Baritus's fiasco over the employee of his stealing 30 grand usd worth of DGC coins i have lost trust in that guy
and i would want to know that he is in fact truly for real out of the DGC picture so to speak.
If he is and the DGC investors are carrying on WITH OUT HIM then i wish them good luck with things.
and i would be furious (as a potential investor) to find out later that Baritus was still involved some how though..

i never had any problem with Baritus in the slightest before but some months back i lost any trust in the guy
with his morphing load of bull excuse train after the DGC theft incident.

I think he really blew it (his reputation) and had he even just said he spent the coins he would have been far better off
even if he REALLY was stolen from.. in that case even lying to say he dumped them would have made him look far better than his weak ass bs excuse.

Baritus if your reading this sorry i have nothing against you but i think you dug yourself a hole way back killing your reputation which is sad.

i'd say the DGC name is tarnished now though.. history is history.

Does baritus still hold the keys to the exchange? I still have some shares there...

He Does. The Foundation has nothing to do with the exchange.

The answers you may be looking for may be able to be found here:

http://digitalcoin.co/forums/index.php/topic,1262.0.html

Once you read that, you will know as much as we do regarding the exchange.

I'm not quite sure how to respond to this.

I believe if you join us on IRC in #digitalcoin on irc.freenode.net .... you'll .... realize that .... most of what is expressed in your post is something you shouldn't worry about?

Just a side note, I will be releasing shortly some more specific details on the changes we are working on for DigitalCoin. Much debate went into the final decision by The Foundation, and we believe we have come up with a well encompassing solution.

A little teaser about what we're working on:

- Multi Algorithm Mining
- A New Difficulty Adjustment Algorithm
- Blockchain data storage (possibly more than the run of the mill 80 bytes)
- Few other things still under discussion and development

The Foundation has begun testing these features, and once the testing is completed, we will release more specific information regarding DGC V3.0.

Should also point out that most of the discussion on our progress takes place on our DigitalCoin forum (http://digitalcoin.co/forum/) or in our IRC Channel at irc.freenode.net #digitalcoin . Feel free to join us!

Fair enough. Point taken. Any suggestions?

Thanks for the updates Kenel. DGC is undergoing some interesting changes for the better with the help of the Digitalcoin Foundation.

Its great to see people like Kenel take a leading role ,trying to bring about some positive change and encouraging community input on how we move Digitalcoin forward.

On another plus side the price has been moving up nicely as well over the past few days.

Might be good to start a "Digitalcoin 3.0 Proposal" thread here on bitcointalk.

Bitcoin Forum > Other > Alternate cryptocurrencies > Announcements (Altcoins)

TT

which is simply preaching to the converted  ;) no growth in any industry by that approach.

You're right, baritus isn't gone. Thankfully.

We're working on a clean, drama free transition, and baritus is helping with it.

Just business, nothing personal. It's best for all of us this way, and makes things much easier.

TT

Baritus still holds quantities of DGC, ARG, SRC, and CAVE.

The Foundation is now in the processes of the transferring of the domain, github, etc al. to our control.

Baritus will no longer be involved in the day to day of DigitalCoin, but he is not disappearing completely. I believe he has new plans for his exchange.

In terms of the coin itself....I'm not sure what you're not believing here, but...unless you're claiming ahmed is baritus, I'm not quite sure what you mean?

I think BCX is saying that Baritus will be running everything from behind the scenes and he's speculating this based on the fact [that from his perspective] you guys don't seem to have the attitude towards Baritus which would be expected of a foundation who have been who betrayed and robbed by someone (Baritus).

Frankly I'm not as concerned as long as the coin does well but BCX isn't in this for the money [per sé] so he's got the freedom to be more idealistic.

Are you on the DGC foundation?

If so you should [quickly] take on a different attitude before BCX turns DigitalCoin into DigitalShit, right at the crucial time when the next crypto boom starts.

I own a little DGC and I'd prefer to not see that happen.  Baritus should have had a bit more brains and integrity than he proved to [NOT] have.

Cheers!

sorry but i am really fed up with people posting here "your wrong"..
and to prove it you have to go and listen to me talk on IRC or search online for some web site or something..

if you have something to say then say it.. for the benefit of us readers HERE.
that is why they call this place BitcoinTalk and why we are talking about Altcoins in the Altcoin section.

I think some people are missing the point here. We are trying to be constructive , positive and move on. Baritus is no longer holding the reigns on DGC and has handed over control to the Digitalcoin Foundation. Maybe thats hard for some to believe but its true.

There is some good work going on by the Digitalcoin Foundation to improve DGC which will be shown over the coming months. Shouldn't we just focus on the future and not continue to dwell on the past?

If anyone else is curious about who is on the DGC Foundation, here is the list:  http://digitalcoin.foundation/members/

For all the DGC supporters out there, the donation address is at the bottom.  We need your support with the initial development changes to digitalcoin.  The Foundation is investing in asic hardware
for further support.

For all the baritus haters, we can't convince you to believe that the Foundation is taking complete control of DGC development.  But you should know that all members of the Foundation are frustrated with the way DGC development was handled.  Perhaps when you see real progress from the transition and changes, you will see DGC as an altcoin with potential and not a coin tainted with a history.  And hopefully then, some of you will come to support DGC and the Foundation.


-tb-

DGC will go on without Baritus I'm sure in a positive way now that the Digitalcoin Foundation has taken over control. I agree Ahmed is a good guy who has been a long time supporter of DGC and is doing some great work.

We would welcome Vlad on board as I have said before he has made some very good calls in the past about the big jump in Bitcoin price when everyone else including myself laughed and also in calling the rise on DGC last year. I'd encourage you guys to drop into Digitalcoin IRC on Freenode and help provide some ideas on how to improve Digitalcoin.

BCX, lets not go down this route again please, Baritus has gone as a Dev and he ain't coming back.

There has been a lack of publicly posted information since Baritus resigned, I'm going to set that right in this post.

Personally I favoured an immediate announcement when Baritus resigned but waited for an official notice from the DGC foundation.

This official notice didn't come so here's my version of it :

Baritus resigned with zero notice last week, he dumped the DGC. ARG and SRC projects to concentrate on the CryptoAve software.

A few days after resigning as coin dev Baritus announced that CryptoAve will close as an operating exchange and will in the future after further development work be available for licensing as a turnkey exchange package for anyone who wants to open a Crypto exchange of their own.

Ahmed has taken over coin development and has been doing some great work modernising the coin.

You can't get more blunt than that. Baritus still exists as a holder and perhaps as a miner but he's no longer participating in coin development. It's up to anyone who's left to make any changes deemed necessary now.

This is where things started to change. Late last month Baritus proposed some changes in this thread on our forum :

http://digitalcoin.co/forums/index.php/topic,1243.0.html

After some initial replies to the above post he then disappeared from the forum for about a week, mentioned something about not having time to develop the coin. Then he resigned.

The new changes since Baritus has left are going to be as follows :

"Of the technical changes being discussed, all agreed to pursue a multi algorithm system with three algorithms - scrypt,  sha256, and x11."

" It was finally agreed to stay with 40 second per algorithm block rate, and a 5 DGC per algorithm block reward.  Ahmed will adjust the initial difficulties before launch."

"Ahmed will be doing most of this work, and everything will be implemented in a testnet so that all changes can be thoroughly tested before release. "

Testing is ongoing on testnet at the moment.

There are also going to be changes to the way the difficulty is calculated although I'm not familiar with them.

As for Baritus, I haven't seen him around much since his resignation apart from the time he came back to announce the closure of CryptoAve.

From the CryptoAve thread on our forum :

http://digitalcoin.co/forums/index.php/topic,1262.0.html

"CryptoAve.Com will cease to operate as an exchange on September 15th, 9:00 PM GMT. Please withdraw all your coins and make any share trades before then. "

The quote below hints that Baritus is still somehow involved because he concludes it by saying "Join Us".

Baritus quit as the coin dev and the coin is being massively redeveloped by someone else now.

I suspect he probably still holds plenty of DGC, hence the 'join us', of course anyone can be part of the DGC community.

Its a shame i really loved this coin and i rode it up to .70 cents and then down to .03 cents. The day that guy stole the coins and dumped them on cryptsy really gave this coin a black eye.  :'(

It's all change now, sit back and watch the other Scrypt only coins turn to shit due to the ASIC mine and dump mentality.

DGC is taking active steps to tackle this problem.

We're also making changes which will enable protocols like coloured coins, timestamping, etc to function on top of the DGC blockchain. Instead of discouraging this kind of thing we're planning on embracing it to encourage further development and acceptance.

What's timestamping?

Something like this although this is a basic and crude example : http://www.proofofexistence.com

With many more bytes available third party signatures and public keys for verifying could be used as well.

We're still talking about the data in the blockchain thing at the moment, how to handle fees, data sizes, etc.

I am a member of the Foundation.  I was not, nor was I even involved in Digitalcoin, when the scandal was in full swing. Likewise I own no shares in cryptoave, which some view as the latest baritus debacle. Since I have been involved I have worked hard, along with others, to pull Digitalcoin out of a tailspin.

There are some who share your thoughts Vlad2Vlad, and oddly enough, some who are disappointed in baritus for resigning.  Personal feelings aside, the most important thing the Digitalcoin Foundation can do right now is work on a clean transition and bring some value back to folks like you who still hold DGC.

You have my personal guarantee that there is nothing going on behind the scenes (that I'm aware of at least) to keep baritus involved in decisions or development beyond this transition. I would not make a statement like that in front of this crowd unless it was the truth. Likewise, we cannot prevent anyone from owning DGC or working on projects that include DGC, so please don't view the absence of a witch hunt as any sort of endorsement. On the other hand, I encourage folks like you and BCX to remain vigilant and keep us honest, but would really find more value in opinions on the future direction of Digitalcoin, especially now during this transition.

TT

@BCX

The silence from is due to my main acount being banned for some reason. I wanted to not post under this account so as to not confuse people but alas that wasnt possible.

I can confirm myself that al the changes described i am working on. Infact we already have a testnet and a private main-net which has the essentials of the V3 code running at the moment.

Baritus is not working on the DGC code and will not for the forseeable future. He has stated his intentions of not longer wanting to work on DGC, ARG or SRC and so i intend to take over as part of the foundation and making the changes which we're never possible.
If any member of the community has any reasonable changes that they want making then please send me a message here, on IRC or on github and if at all possible a pull request too.

Ahmed

everything been passed over.. related web sites / domains etc ?

Have the mods said how long the ban is for?

nope. sent an appeal to theymos but no reply yet

As far as im aware the forum is being passed over still (although we do have constant backups of the db so we can move elsewhere). None of the coin related stuff has been passed over that i currently am in need of such as github account's (or repo's), alert key's etc.

Ahmed

Ahmed please reconsider letting these guys change the hashing algo !

i have no dog in this race but it just seems to me that is what is planned and a VERY BAD IDEA !

changing it from Scrypt specifically to any other Algo would be colossally unfair.
think about it..
Scrypt Asic's exist and have for a while now..
So if it was now some mix of other algo's like Quark's algo etc it would now be unfair to current new miners.

And it's kind a funny i just seen DigitalIndustry asking "HOW DO I MINE THIS COIN"
THEN,
I seen some foundation member pretty much saying that was the plan.. how did DigitalIndustry maybe know ? coincidence ?

Once a coin is scypt (and big and old enough) you just can't go and change the algo..
Imagine if Litecoin was now all of a sudden with no warning changed the LTC devs to be X13.

and by the way i really hate the X11 or X13 branding gay bullshit..
taking 12 different hashing algo's and forcing them together is not a smart revolution to crypto and it does not need a catchy name lol
it's all just name brand bullshit to lure in fanboys so they have something to latch onto and promote.

Haha

Spoet i think you're misunderstanding brother. I'm not that stupid. You dont really think i'd even consider letting everyone go through with something like that since im the one coding it did you?. We're turning multialgorithm.

3 x Algorithms consisting of sha256, scrypt and x11. Each algorithm has an independent diff based on the rate of blocks being found based off the average of the last 10 blocks and 20 minutes(Using DigiShield retargeting system) to ensure that we have an average  block time of 40 seconds.

Each block has an block reward of 5 coins reducing the current inflation by a 1/3.

Ahmed

ok well that don't sound as bad as just changing to X11 or something LOL

good luck with that Ahmed sorry i don't reply to your PM too eh..
i would rather talk publicly for everyone's benefit though, unless it's something people consider private ;)

i just hope you seen what i meant about that Algo change concern.. any time i hear about that coming i cringe !

Yep i would think so :)

Thanks very much spoet i appreciate it. Really its all fine its nothing private anyways i do want to know though what you mean about the pool that samson posted.

And yes i definitely know what you mean about the algo change. No serious coin would do that since it's just going to cripple it.

Ahmed

Lots of different ideas were kicked around. We are fortunate to have had Ahmed consult, because frankly we we going in circles until he stepped in.

Development and testing is in progress, and nobody is trying to keep any secrets, but at the same time nobody wants to step out on a limb and say what will be happening until things are a bit more solid.

As it stands we're extremely excited about changes to the main code plus a new feature or two, changes to the main wallet, updates to secondary wallets, and some new businesses on the horizon.

There is still a lot of work to be done, so don't get impatient, but Digitalcoin will be making some serious progress in the not to distant future.

TT

The purpose of our decision for multi-algo is to allow people to use hardware that is otherwise be a good doorstep now that ASICs exist. Scrypt will still exist.