OH Dear Jared is getting slated in the troll box on Poloinex...dont read it Jared  Not good at all its being called a scam as well...maybe time to jump ship...dont want to be involved if the hate starts to set in Would you expect losers to say anything else? |
|
|
|
|
From the looks of things on the exchanges, there are a lot of people in the crypto world very well trained to lose their money.
. . . but, then again, there's nothing new in that, over 90% of stock traders do exactly the same.
|
|
|
|
What do you mean recover? The price was at 50-70 before the pump and dump, its still at 70 odd. The pump was because of MrPump, you fell into his trap. And youre going to fall into his trap again if you sell your stash
I'm impressed. MrPump's even got sock puppets. I'm not a sock puppet, what makes you think this? Maybe i misunderstand what a pump and dump is. If i was a sock puppet wouldn't i be saying sell? You're giving way too much credit to "MrPump". |
|
|
|
Price is going to zero... and it's no surprise. We are waiting and waiting for digispeed and we still know nothing about release date. I checked digispeed sources on github, there is really no innovative technology here. Just simple change of block time and size. And first important commit is from Oct 20. https://github.com/digibyte/digibyte/commits/digispeed-release?page=1You are talking about digispeed for so long time, but it's still not here and it's really not that hard job. What have you been doing all the time? I'm starting to think that you are making hype and delaying it intentionally to manipulate the price. If I'm wrong, then why it's taking so long? Yes, I'm pissed off, because I bought much higher and I am afraid I'll never see price that high anymore. You hyped digispeed like it's some revolutionary thing and it's not, it's even not released yet. Still holding, but I'm not so optimistic anymore. Yes same here, I'm starting to question some stuff lately. I'll hold because selling would be foolish but I don't think DGB will recover anytime soon. The price will most likely continue to drop. Maybe Mr. Pump was right after all? Is this all there is to DGB? There was plenty of hype and comments and projections for next year(s) as it says on the first page but if you take all that away it seems to be going nowhere. What do you mean recover? The price was at 50-70 before the pump and dump, its still at 70 odd. The pump was because of MrPump, you fell into his trap. And youre going to fall into his trap again if you sell your stash I'm impressed. MrPump's even got sock puppets. I used to hate that guy, I still do because he seems like an asshole but he had a point. I don't think he actually did the pump by himself, but the pump is undeniable and it's the only thing that changed anything in an year. Now it's over and it will go back to even lower values. Pumps are the opposites of dumps: instead of being panic sells, they're panic buys. It's the human emotions of fear and greed at work. (The MrPumps of this world are loser/scammers who can do absolutely nothing outside of the most thinly traded alts, and even there they end up losing all their - and their victim's - money.) And the size of DGB's panic buys bodes well for the future.  |
|
|
|
Price is going to zero... and it's no surprise. We are waiting and waiting for digispeed and we still know nothing about release date. I checked digispeed sources on github, there is really no innovative technology here. Just simple change of block time and size. And first important commit is from Oct 20. https://github.com/digibyte/digibyte/commits/digispeed-release?page=1You are talking about digispeed for so long time, but it's still not here and it's really not that hard job. What have you been doing all the time? I'm starting to think that you are making hype and delaying it intentionally to manipulate the price. If I'm wrong, then why it's taking so long? Yes, I'm pissed off, because I bought much higher and I am afraid I'll never see price that high anymore. You hyped digispeed like it's some revolutionary thing and it's not, it's even not released yet. Still holding, but I'm not so optimistic anymore. Yes same here, I'm starting to question some stuff lately. I'll hold because selling would be foolish but I don't think DGB will recover anytime soon. The price will most likely continue to drop. Maybe Mr. Pump was right after all? Is this all there is to DGB? There was plenty of hype and comments and projections for next year(s) as it says on the first page but if you take all that away it seems to be going nowhere. What do you mean recover? The price was at 50-70 before the pump and dump, its still at 70 odd. The pump was because of MrPump, you fell into his trap. And youre going to fall into his trap again if you sell your stash I'm impressed. MrPump's even got sock puppets. |
|
|
|
You lot crack me up...Digispeed gives you faster transaction...GREAT that mean its far faster to dump it..thats it..what other use does that bring.....I kid you not at the current rate its being sold now how would any company invest in this, how would accepting DGB be of any benefit to merchants when the coin is constantly being sold...I am an on line merchants & have been for over 15 years now there is no way on this earth that i would accept DGB as i would have to dump it everyday to ensure the items i sold for DGB do not lose value...if i sold something for $50 or the same but in DGB i would like to be confident that within 20 minutes the cost of that item has not devalued.
In all honestly how the hell the DGB market place will survive long term is a mystery to me, If a merchant sold a $400 cell phone & accepted DGB at a blink of an eye it could be just $300...in order for DGB to be a creditable Crypto it needs stability & as yet it does not have that.
It would not surprise me in the slightest if the DGB gained on the DGB market place is being sold instantly on the exchanges only out of fear for the merchant to lose out on its profit margins.....A 20 year plan is not the answer, trust me its not going to attract investment short or long term
Thank you so much for reaffirming that this is your last chance to buy DGB on the cheap. |
|
|
|
|
Also reported with the following message:
"You're always deleting my posts for no good reason; why don't you try doing some real moderation and clean BCT of scammers once and for all?"
|
|
|
|
The first time I heard about Digibyte was in an article in a Dutch newspaper NRC.next. Since I always had a looming interest in crypto-currencies, I decided to start reading more about Digibyte and other crypto-currencies. The thing which really triggered my interested in Digibyte specifically, was the 'real-life' application using the Tofugear omni-platform. In order for Digibyte (and other crypto-currencies) to succeed and be accepted by the mainstream public it needs to be better in two criteria than current fiats: 1. speed and 2. ease of use.
Last Friday I visited the store of the House of Blue Jeans of 24hralttrade to experience 'shopping in the future' made possible by the Tofugear platform and the House of Blue Jeans. 24hralttrade showed me the possibilities and I was quite impressed. Especially the realtime analytics behind the platform is something which is very interesting for retailers themselves (stock/supply wise, but also the feedback of why certain products are taken out of the shelf often, but do not get bought). When I had to pay with Digibyte, it worked just as fast as when I would have paid by debit card. Therefore Digibyte already fulfills the first criterion (although it will have to meet this criterion when volume increases when more people start to use it - it should match at least the speed of other fiats when it's scaled). Even though Digibyte is only a (small) part of the Tofugear platform, the real life experience in the House of Blue Jeans convinced me even more of why Digibyte is a very interesting crypto-currency.
Coming to the second criterion; the ease of use. In the shop it was actually easy to pay with Digibyte, if you had everything set up (Digibyte Wallet on your phone). The most difficult part was actually when I decided I wanted to buy some Digibytes. Being new to crypto-currencies in general, I had to figure out everything about crypto-currencies. Even though the Digibyte website helped me somewhat with their explanation on the website on how to get Digibytes, I think there is room for improvement. Couple of suggestions:
1. Add an option for a real web-wallet (just like coinbase), where I only have to setup an account instead of installing stuff. I have a bank account online, why no Digibyte account?
2. When I wanted to buy Digibytes, I first had to find an exchange where I could buy Digibytes. That means I had to make an additional account on that exchange (= extra effort = less ease of use). In addition, I first had to buy bitcoin, since I can only buy Digibyte with bitcoin on most exchanges (at least the ones I check out). I don't want bitcoin, I want Digibyte for my euros! :-)
Since I am quite interested in cryptocurrencies, it was a nice learning experience. However, the mainstream public is lazy and does not want to go through this many steps. I am already having a hard time convincing friends of mine to buy Digibyte, because they don't understand cryptocurrencies in general, and setting up a Digibyte wallet and buy Digibytes at a different place (exchange-website) is already too much trouble. Therefore I would suggest (and I know it is not easy) to have one online Digibyte webwallet where you can buy in the same environment Digibyte for your Euros/Dollars/etc. This would greatly contribute to the 'ease-of-use' of Digibyte which is essential in order to get accepted by the mainstream public.
Furthermore, I think the Digibyte team is delivering excellent work, especially with the Digibyte Market (another 'bridge' to real life - being able to buy real products with Digibyte) and focusing on the gaming audience; a huge potential and an audience which is a bit tech-savy than the mainstream public. Excellent move in my opinion.
Keep up the good work! :-)
Great to hear about your real life experience. It's been a while since we've spoken about this and it is a very deserving subject that we certainly don't want to forget about. I agree with you about the need to make the fiat to crypto conversion process easier and that's initially done with good documentation (as I am trying to do on my website, but unfortunately due to Cryptsy recently being called into question, I've had to pull a few things down). However, before you can document, you need something to document, and with the lack of infrastructure, well, let's just say that all we've got in Europe is LiteBit, and Coinbase in the US, but fortunately they are doing well and growing. Online wallets are inherently insecure, and few peope want to put their necks on the line so that others can have an easier time of things. Once a good legitimate service is finally offered, it will likely be quite expensive . . . and any thing else in this area that doesn't cost is probably a long term scam where one day everyone wakes up to find out that they've lost everything. One last thing worth mentioning is the basic underlying nature of currency exchange: when was the last time you bought Swiss Francs or Japanese Yen without having to "jump through hoops"? There are some things in life that you just can't avoid. http://asistec-ti.com/phpbb/viewtopic.php?f=21&t=73&p=106#p106 |
|
|
|
I have already received a submitted personal statement (250-300 words) from one user on this forum. Please could people who were part of the DigiByte community in the first year write one. I have two more, possibly three, more statements I can include in the book called "DigiByte - History of the First Year". Personally, I would like Jared, 24hralttrade and HR to submit theirs.
Please get in contact via private message on here. Only four weeks remain until publication.
Thank you
Chris
Here's a "statement", or two, that appropriately reflect my opinion from back in the summer of 2014. Very well put and it's refreshing to hear your contributions to the community HR. We need more of this here. I totally agree. Slow and steady. I do believe the time to capitalize is now with all the carnage occurring in the alt coin space. I don't believe anything will be perfect as we need to continue evolving, but we do need to start somewhere. I am looking forward to see how the release will go. YC HR, As always, beautiful insight. You have a way with words to put things very concisely in a pragmatic manner. We have arrived at the conclusion that what is tried & true is the best course of action in this modern crypto business. Why re-invent the wheel when it is already circular and rolls down the road to success just fine?  And there is that fine line between staying with the tried and true, and innovation. Some things, like the wheel, work so well that it's impossible to make them better; however, if we were to reject all innovation, we'd still be moving ox carts with oxen.  This is the main reason why I'm always so quick to say, "this is just my opinion" - I know I am super conservative and probably about as close to the "stable" end of the spectrum as you can get, and that I do have a way of making a very strong and convincing case, that might not be, often isn't, at the end of the day, the best. Strong arguments have a way of stifling counterarguments that ultimately are absolutely necessary in order to reach 'equilibrium', so keep in mind everyone, these are just my ultraconservative ideas that desperately need your input as well. This is also why I suggest a slow but sure approach - algo change today, maybe payout adjustments tomorrow, probably a more advanced wallet before that, etc. The algo change will get miners back on DigiByte, and I think that is paramount right now. Everything else with great care, lots of study and analysis, and even more due diligence. Oh, and just to end with my main "extreme argument", DigiByte should look to be one of the few eventual standalone leaders in the industry, not DigiByte and, but just DigiByte. (and maybe I'm wrong) In answer to your PM, I trust that you, as the good author you are, will be able to incorporate my real time comments and contributions in more than authorized biographical fashion - you can take these excerpts to develop a narrative style profile of my contributions, and get something with a much more real feel to it than any contrived, 9 month after the fact, statement I could ever come up with.  Will see what else I can come up to add to this. |
|
|
|
Great news Buerra, you guys always deliver and can't wait to see what you have in store for Gulden! Anyone else besides me excited for a Gulden future?
Thank you and thank you to all others of course. We're not interested in posting empty shells. I know that's what the past 7 years of this forum and this industry has been about for too long. When I came into the game only 3 weeks after Gulden(coin) had started at the time. I didn't know anything about this industry. I didn't know about the weirdos and the troll-heavy environment. All I saw were opportunities and this life-changing technology. Along the way I met Patrick and we share a vision and are now on a mission. A mission to Mars? Not really, closer to home really. We look at Nocks as a voyager and we're the first one to breach the atmosphere where we hope to inspire other startups and entrepreneurs like us, engage with them, help them and/or work with them. We may fail or we may succeed, but when I look at the things we have done, with the help of this community and what we're building right now. I'm very confident that we will succeed. Thanks again and see you at the next update I wonder how many more people can say they identify with that? I started in January of 2014 with DOGE. I knew nothing about the specifics of the industry either, but brought the same spirit with the same expectations doing my small part and as more and more people start to do the same, ultimately, as you said, it'll be impossible for this technology not to succeed - it's not a question of "if", rather a question of "who" the serious and well directed winners will be, and that, like all else, will depend on its people. Great work you're doing! |
|
|
|
I have already received a submitted personal statement (250-300 words) from one user on this forum. Please could people who were part of the DigiByte community in the first year write one. I have two more, possibly three, more statements I can include in the book called "DigiByte - History of the First Year". Personally, I would like Jared, 24hralttrade and HR to submit theirs.
Please get in contact via private message on here. Only four weeks remain until publication.
Thank you
Chris
When keeping in mind that your book deals with the first year, I got to thinking that what I might say now might be completely inappropriate after having seen 9 months more development - it would be a kind of back to the future anachronism - so I did a quick look-see and came up with this from back in January just around the time of DigiByte's first birthday. It's probably about the most representative thing I could find and should serve well as a "personal statement" or kind of "testimonial" as to my thoughts and commitment at that time. Would this kind of thing work for you? I could take a look further back when I have a bit more time and perhaps find a couple other snippits, perhaps something even a bit more personable, if you'd like. You really need to read a bit before coming to conclusions.
. . . starting with the OP.Here are some excerpts Why use DigiByte?  Security: DigiByte uses five highly advanced cryptographic algorithms. Speed: DigiByte transaction notifications occur in 1-3 seconds, blocks are discovered every thirty seconds and transactions are fully confirmed every 3 minutes. Future planned upgrades will make these times even faster. Fees: Most DigiByte to DigiByte transactions are free or carry a very small network-mining fee to incentivize people to mine. Worldwide: DigiBytes are already stored, traded and transacted in over 173 countries. Decentralization: There is no need for a middleman or third party or central server. Re-Spend: Send DigiBytes you received to someone else in as little as three minutes. Finite Production: New DigiBytes are added to the network every thirty seconds through a process called mining as each new block (or grouping of transactions in a spreadsheet like format) is discovered by the network. Scarcity: 21 Billion DigiBytes will be created in 21 years. 1% Monthly New Minting Reduction: New DigiByte production decreases 1% every month. Mining: DigiByte mining is decentralized with five independent, highly secure mining algorithms. Adaptable, innovative & flexible: DigiByte is constantly adding new features & services to remain on the cutting edge of digital currency technology. Committed Development: DigiByte has been under constant, progressive development for over one year now with core development team members from all over the world. Millennial Acquisition Potential: DigiByte provides merchants, banks & other legacy institutions with a new means of acquiring & connecting with tech savvy millennial users. A Bright Future: DigiByte has many new & exciting projects underway to be released throughout 2015 to increase DigiByte utility and new user adoption across the globe. DigiByte vs. Bitcoin Security: 5 DigiByte mining algorithms vs. 1 Bitcoin algorithm. - DigiByte mining is much more decentralized.
- DigiByte mining algorithms can be changed out in the future to prevent centralization.
Speed: DigiByte transactions occur much faster that Bitcoin transactions. - 1-3 second transaction notifications.
- 30 second DigiByte blocks vs. 10 minute Bitcoin blocks.
- DigiBytes are confirmed after 3 minutes vs. 1 hour with Bitcoins.
Transaction Volume: DigiByte can handle many more transactions per second. - Bitcoin can only handle 7 transactions per second.
- DigiByte currently can handle 140 transactions per second.
- Future DigiByte upgrades will push transaction limit to several thousand per second.
Total Supply: More DigiBytes, lower price, more micro transactions, better price stability. - 21 billion DigiBytes will be created over 21 years.
- Only 21 million Bitcoin will be created over 140 years.
- 1:1000 ratio. 1 Bitcoin for every 1000 DigiBytes.
Flexibility: Ability to quickly add new features. - DigiByte can add new features & upgrades much quicker than Bitcoin.
- Future DigiByte upgrades will push transaction limit to several thousand per second.
Marketability & Usability: DigiByte is an easy brand to market to consumers. - DigiBytes are much cheaper to acquire.
- $1 - $10 long-term price target per DigiByte.
- Send 5 DigiBytes instead of 0.005 Bitcoin.
DigiByte Timeline 2009 - 2012: The initial design & development for an open source decentralized cryptocurrency known as Bitcoin is created by an anonymous programmer using the name Satoshi Nakamoto. 2012 – 2013: The founder of DigiByte, Jared Tate initially discovers Bitcoin and spends over 14 months analyzing, learning & experimenting with the Bitcoin network and source code. November 2013: Jared decides to improve upon Bitcoin’s codebase with a brand new digital currency & payment network named DigiByte and begins development. January 10th, 2014, 12 PM MST: DigiByte officially launches with much success and user participation from around the globe. February 28th, 2014: DigiShield hardfork at block 67,200. DigiByte developers in response to multi-pool attacks test and develop an asymmetrical difficulty adjustment system named DigiShield. DigiShield is quickly adopted & implemented by many other digital currencies including Dogecoin. Many digital currencies still use & apply parts of DigiShield codebase. April 8th, 2014: DigiByte attends, gives a professional presentation & has a booth at the first ever cryptocurrency convention in New York City. Watch Video HereMay 1st, 2014: DigiByte mentioned on CNBC.com. Read HereMay 9th, 2014: DigiByte mentioned live on CNBC for the first time. Watch Video HereMay - August 2014: DigiByte team meets with several potential investors & strategic partners. September 1st, 2014: MultiAlgo hardfork at block 145,000. DigiByte plans & successfully deploys its second hardfork to allow miners to mine on five independent mining algorithms & is the first digital currency to make such a move. November 29th, 2014: DigiByte officially announces a $250,000 private investment to build services around the DigiByte network as well as a strategic collaboration with Tofugear Ltd of Hong Kong and a new office presence in Hong Kong. Read Announcement HereDecember 10th, 2014: MultiShield hardfork at block 400,000. DigiByte deploys & executes its third hard fork to improve network performance alongside a reward reduction to extend DigiByte production to 21 years. January 10th, 2015: DigiByte turns one year old. January 16th, 2015: DigiByte releases DigiHash Easy Miner for beginners. Read Release PostJanuary 21st, 2015: DigiByte releases 1st Web Based Multi-Signature Wallet. Read Release PostJanuary 23rd, 2015: The first DigiByte wallet has been approved & listed on the Apple iTunes store. Read Release PostJanuary 26th, 2015: DigiByte mentioned on CNBC.com! Read ArticleFebruary 1st, 2015: The DigiByteTip is released to the public for beta testing. This allows users tip send & tip DigiBytes on Twitter, Twitch, Facebook and Reddit. Read Release PostHere is a quick update for everyone! The 1st ever Digital Currencies convention for Bankers went very well in New York. We made a lot of connections & introduced a lot of high level people to DigiByte & DigiPay. Every major bank from Wells Fargo, Chase & more to Visa, Mastercard and even the people who run the SWIFT international transfer system where in attendance. There were also several representatives from some of the 12 Federal Reserve Banks. It was the most insightful & beneficial conference we have attended yet. Besides Ethereum, Mastercoin & Ripple we were the only alt coin represented there. This showed several people we are serious & a legitimate contender for long term Digital Currency success. The thing that surprised us the most was not "if" digital currencies would go main stream, but "when," "how" and "who" would be the first ones to do it. Several bankers legitimately felt block-chain technology can replace the aging ACH system. Bankers felt block chain technology could make it much easier for them to operate & follow AML/KYC laws. I (Jared) also met up with Brian Kelly of Nautiluscoin & had a great lengthy conversation about the future of Digital Currencies after attending the Fast Money show at the NASDAQ market site. Some very positive things are underway. Finance is changing & we are proud to stand along side all of you as we are all pioneering the future of money! DigiByte to the moon!
Can you say that about any other "alt coin"? |
|
|
|
I am really impressed by the growing number of quality posts being made in the form of knowledgeable questions and suggestions about both specific technicals and general promotional avenues and ideas, as well as, and perhaps even more so, with the expressed desires to contribute (and continue doing so, as may be the case). Really phenomenal!
Couple that with the open source spirit of transparency and collaboration that is so evident throughout this thread - throughout the entire project for that matter - and it becomes extremely difficult to imagine anything but long term success for DigiByte.
This suggests to me that DGB is getting legs and really starting to get a life of its own. There have been so many "before's and after's" with DigiByte, that I hesitate to call this another key turning point, but it most certainly looks like one when seen from the community's point of view and I think we might look back on the autumn of 2015 as the time when the DigiByte community exploded in numbers, abilities and skill sets and really came of its own.
It's great to have you all aboard!
HR, We couldn't agree more. We feel the time has come to do a few things, starting with the main DigiByte website. We would like to open source it and add it to GitHub so anyone can contribute. The site is currently built upon Drupal. Does anyone have any suggestions for the best way to do this? Bitcoin.org does provide a great example for how to allow multiple contributors but perhaps there is a better way without migrating the entire site. We also will be adding the OP of this thread to a Github repo for people to help edit. We would like to start a DigiByte project section that will allow people to contribute DigiBytes toward specific projects they want to see completed and a place for developers to come and see what needs to be done. Right now with 20+ software platforms and counting we see growing pains from time to time that others can much more efficiently help with. Long story short, we want to help get the community more organized and efficiently utilized. We would like to here everyones thoughts and ideas on how this can best be accomplished. Cheers. Those ideas sound just fantastic! |
|
|
|
|
I am really impressed by the growing number of quality posts being made in the form of knowledgeable questions and suggestions about both specific technicals and general promotional avenues and ideas, as well as, and perhaps even more so, with the expressed desires to contribute (and continue doing so, as may be the case). Really phenomenal!
Couple that with the open source spirit of transparency and collaboration that is so evident throughout this thread - throughout the entire project for that matter - and it becomes extremely difficult to imagine anything but long term success for DigiByte.
This suggests to me that DGB is getting legs and really starting to get a life of its own. There have been so many "before's and after's" with DigiByte, that I hesitate to call this another key turning point, but it most certainly looks like one when seen from the community's point of view and I think we might look back on the autumn of 2015 as the time when the DigiByte community exploded in numbers, abilities and skill sets and really came of its own.
It's great to have you all aboard!
|
|
|
|
Nice read. Doubly interesting when taking into account BTC's recent rise in price. |
|
|
|
can anybody please explain me what is going on on bittrex.  sold out? Yeah. There are very few, to not say almost non-existent, sellers up to 591 (really up to 646 when looking deeper). |
|
|
|
Now I'm pissed.... oh sorry... hi...
I won't be able to afford to run 8MB blocks, I can barely afford the 1MB already in place.
No way I'm letting all my coin in an exchange nor on a web wallet either.
This means it's time for me to exit DigiByte... I'd rather do it on here than on an exchange; I'm sure you can appreciate this.
Sucks for me, I know, I'll get over it, I lost million dollar deals before so no biggie.
Thing is I have a richlist stash and if I go on exchange will tank the price in a big way.
So I am giving the community the change to buy it all in one shot without messing up with the price.
I know this makes me sound like an asshole but consider I wasn't so nice with other coins as to make a thread about me selling out my entire vault.
It's the last thing I want to do but seems I have no choice.
My internet costs me at a rate of $10 per 1GB so yeah... that said I didn't even want to say anything but you guys are cool folks so... here I am.
Please PM me your offers in the form of "BTC Per Million DGB" by next Sunday November 08, 2015...
If no reasonable offers are received by wednesday, I will sell off then.
I hate to have my time wasted and right now I am wasting my time here talking about shit I never wanted.
Largest Total BTC offers = First Served
Maximum DGB: 10,000,000
Buy the whole stash above my asking price [secret] and get an extra 140,000 for free!!
-GigaBit
You might be jumping the gun a bit. For example, a bootstrap file that can be downloaded in a WIFI free zone would solve your problem (something that I figure would be easy for you since the rate you're referring to is a mobile/cell rate . . . ). And who knows exactly when the rollout will happen. Like cryptonit said, sometimes it's better advised to wait for the need to arise first . . . and nothing better than meeting eventual need with a super thoroughly tested solution. Don't forget that the DigiByte team is much wiser, much more flexible, much more open to all types of input, than your standard crypto Dev team. Concerns raised here are more often than not dealt with head on and in an open source, open to the world, way. These guys are no chumps. Don't underestimate them - you'll only loose money if you do. They've never let anyone down. On the contrary, they have always surprised to the upside. BTW, there's pretty good daily volume on the exchanges, enough to handle a fair sized liquidation if you sell into strength (versus dumping, and seeing severely compromised sale proceeds); of course, if you're talking about the #1 rich list figure (which looks more institutional to me than anything else), it would take you some time . . . ADD: I'm also guessing that if you were the #1 you wouldn't be complaining about $10 per 1GB rates!!!  |
|
|
|
We are indeed evaluating some issues that will arise far into the future and we are already working to mitigate them. We are not going to give a hard launch date as it fuels pump and dumps. When we are 100% ready we will release. We just completed a successful 12,000 Block test run with DigiSpeed modifications (8mb blocks, 15 second transactions, difficulty calculation modifications, transaction propagation changes.) The test resulted in even distribution between the five algos and our actual test data showed and average block time of 14.68 seconds (slightly speedier than planned). Average transaction size: 250 bytes Maximum block size: 8mb (8,388,608bytes) Average block-time: 14.68 Maximum BTC TPS = 7 transactions per second. BTC block size = 1mb 7 x 8mb blocks = 56 TPS BTC Block Time= 10 min DGB block time= 14.68 sec 600 min / 14.68 sec = 40.87 multiplier 56 TPS x 40.87 = 2,228 DigiByte Transactions per second Visa averages 2,000 TPS Following the DigiSpeed v4.0 release we will release a version v5.0 in mid 2016 with enhanced block pruning, headers first sync and additional "incentives" for people like gamers to run a "full node" and keep the network decentralized as blockchain size increases You guys are blazing the trail and setting the standards! Wow. You've surpised me once again - all I can say is that I am extremely pleased with having invested in DGB. How about a DigiReport on the matter? |
|
|
|
|
^^
That's what I'm seeing as well (except for coin control and receive addresses where the font is white).
Windows 7
|
|
|
|
@EPLDCC, Great writing as always. Nice recap. I hope you don't mind if I lift some of it. The only thing I might add is that another principal reason for the change to multi-algo was fairness, coming as it did in response to the ASIC advent - the multi-algo was all inclusive and kept GPU miners "in the game" without excluding scrypt or sha . . . thereby also creating the foundation for the widest distributed network possible . . . which, in turn, brings us back to security, of course. Just a couple of thoughts on the accusation by others in other parts of this thread that we have somehow bashed and hurt BTC. Please, folks, let's not be bullied into oversensitivity. In my opinion, nobody here has ever made unfair or untrue comments about BTC. We have compared, yes, indeed, we have compared DGB to BTC, and always with the facts. If BTC is slower and less secure, for example, then so be it. Are we to ignore the facts due to the hypersensitive need to be nice? The facts are the facts, and instead of shooting the messenger, I suggest that anyone who takes offense get in touch with the source of those facts regarding their remedy and improvement. It's not our fault that BTC is what it is, and it certainly shouldn't be a problem that we are proud to be part of something better that we are enthusiastic about sharing! |
|
|
|
If this seriously is the real myr dev account, Shame yourself!
Not the dev, just a supporter of multi-PoW. I'm not happy that the 'leading' multi-PoW coin is a fucking scam. It's destroying the technology's reputation. So guys, when is this DigiSpeed coming along? The supposed solution to Bitcoin's scalability issue, that is going to render Bitcoin and all other altcoins obsolete? When will the devs of this premined, instamined copy of Myriad release this revolutionary new hard fork wallet? Relax. MYR will go back up in price. |
|
|
|
|
Show Posts
