So what you do on this thread then? Go support your favorite coin on its ANN thread. I am sure it's much better.

We would like to let everyone know we will be attending the upcoming LA Games Conference this coming Tuesday April 19th.  http://www.lagamesconference.com/

Hello Everyone,

Thank you all for your continued support. As stated many, many times we are in this for the long haul. While many people would like instant gratification and quick results this is the real world, things don't "go to the moon" without a lot of hard, consistent, committed work. We have a lot of work ahead of us, and many upcoming events. 2016 is going to be a big year for DigiByte.

For those new to DigiByte and cryptocurrencies it is important for you to read the following: http://www.digibyte.co/digibyte_legal_disclaimer


We also hate to disappoint people, but we do not control the price, the protocol or the network and we are also not active traders (no time). DigiByte is open source, decentralized and a free market. Right now speculation is driving the market, we are working to get away from this by providing real world utility and use cases. That is the only way to sustain the market long term. Unfortunately at the moment their are individuals working against this and even personally attacking members of our community and team in very inappropriate ways. This is very disappointing, but we will not be deterred and we will push forward.

We are publishing updates through all DigiByte social media portals. We also are planning a newsletter from DigiByte.co and we have set a target date for the first newsletter of April 18th. This newsletter will occur the 1st and second Monday of every month to give everyone consistent updates. In between we will post updates as appropriate.

As for the New York FinDEVr event, we have zero control over the video. This is the conference organizers and they have told us the video will be released here in the next few days: http://findevr.com/videos-container/

For those who think i'm on "vacation," not at all, sure I had some personal things to attend to, but still means 5 AM to 12 PM even after being away from my family, old life and everything I know for two years. There is a lot moving right now and through our previous events we have a lot of people looking at DigiByte and talking to us. We do not want to publicly detail anything until we have solid deals and information to pass on with real substance and solutions. As you all now rumors are rampant in this industry and we have no intention of misleading anyone and fueling a pump and dump.

As for the South Africa event we are still waiting for them to release the video but do not have a time frame. We have reached out asking them for an ETA.

We also pushed out an updated Android wallet, and we will be pushing out an updated DigiByte Gaming wallet here in the next week. The team has been hard at work upgrading several things. We are also hiring more people in HK. So if you are a blockchain programer please PM us.

Thanks again everyone for your continued support and lets keep things positive and moving forward. The strength of the DigiByte community is our ability to rise above "trolls," and other negative forces working against us for a quick buck.

Cheers,

-Jared

"A dream doesn't become reality through magic; it takes sweat, determination and hard work."

I will retire at $0.1 . I live a modest lifestyle. I am keeping 50 million for longterm and rest I will trade.

We might need to think about donations to Jared. He only has 5 million digibyte according to his last post and there is a person close around 1 billion digibyte who is going to get rich off Jareds hard work. With all this effort Jared puts in for no incentive other then to see digibyte thrive is something very rare to see in this world.

He might be taking a big risk with his life, who is paying him a salary to live off? Is this part of the $250k investment to keep feeding him and give him living quarters in Hong Kong

This man has integrity like I have never seen in my life. He is the most honest human being in crypto. Please let's get together and donate to poor Jared who only has 5 million coins.

lol HR, Do you think we have nothing other to do other then lurking into this forum every minute watching all the trolls posting bs?
The telegram channel atm is so much more friendly and with that, Everybody from the supporting group of Digibyte still post in here if there is something worth it to post or help anybody where we can.
You expect so much from us and all you do is talk shit about us.

We have several mods in the telegram channel, People can send us a pm in telegram if they need any help,, If this telegram really sucks like you say it is..... Why do we have 230 members in there?

If i dont look at my phone for 30 minutes i can read back 150 missed messages, yes, Talking about everything around Digibyte.

So excuse me mister perfect, This is all i have to say.

This coin is trash. It's entirely plausible that the DigiByte devs have instamined a billion DGBs.

When the devs forked to multi-algo, they reduced the block time from 1 minute to 30 seconds without changing the rewards. This essentially doubled the emission rate. Since they had previously hardforked to introduce a reward decay of 0.5% every 10080 blocks, the decay also increased from a target of 1 week to every 3.5 days.

The devs claim it was an accident when they imported the code from another coin. However, I find this strongly suspicious.

Keep in mind that at the time, DigiByte was nothing but a Scrypt coin that had hard forked to alter its emission rate twice already. Also, the idea of INCREASING inflation is just ludicrous. Why would a dev want to reduce the value of holders' coins? All this coin was bringing to the table was claims of 'professionalism,' while using that stock photo of the cute robot man, and making seemingly erratic dev choices. The market seemed to agree. The price hit an all time low, and there was quite possibly only a handful of people left mining at this stage.

The picture becomes a lot clearer 3 months later when DigiByte announces their 250k investment, which obviously jacks up the value of DGBs. Hmmm.... I wonder who thought it was worth mining all these 1.8 billion DigiBytes emitted over the past 3 months...?

To make things worse, immediately after the news announcement, they reduced rewards in another fork. They claimed it was to reverse the previous 'mistake', but they actually reduced by a factor of 2.75, not 2.

I'm sorry but I can't take this coin seriously.

Where is everybody??? Absolutely no any kind of info here today, I feel like I am talking to myself, not even 1 page filled? Any news from MS Azure they are slow or what?

Conferention is over or just started ? Whats news ?

warming up! 

Digibyte is the first coin that forked from a single algo to multi-algo, As stated many many times by Jared.
Jared added props to myriad devs in the wallet.... How much more are you asking for? You want us to write a article about this shit? nobody is going to read or accept it because they dont care.........

Hi guys. I know I said I wouldn't come back, but I can't resist...

A HISTORY OF DIGIBYTE

I'll start by noting that DGB launched with a broken difficulty adjustment algorithm. Difficulty changed every 144 blocks, with a retarget range of 0.25x to 4x.

#1440 Jan 12, 2014 12:05:11 PM       16000   Official premine over, rewards drop 72000 to 16000. Difficulty at 0.00105477

It's instamine time!
Every 144 blocks:

#1584 Jan 13, 2014 6:01:42 AM       16000   Difficulty drops to 0.00026369
#1728 Jan 13, 2014 6:03:35 AM       16000   Difficulty 0.00105477
#1872 Jan 13, 2014 6:05:33 AM       16000   Difficulty 0.00421907
#2016 Jan 13, 2014 6:08:25 AM      16000   Difficulty 0.01687627
#2160 Jan 13, 2014 6:12:21 AM       16000   Difficulty 0.06750507
#2304 Jan 13, 2014 6:19:04 AM       16000   Difficulty 0.27002027
#2448 Jan 13, 2014 6:30:39 AM       16000   Difficulty 1.08008109
...
#2592 Jan 13, 2014 7:03:05 AM       16000   Difficulty 4.32032435
#2736 Jan 13, 2014 8:56:35 AM       16000   Difficulty 5.60138117
#2880 Jan 13, 2014 11:58:01 AM       16000   Difficulty 4.44325559

The double rewards end:

#5760 Jan 15, 2014 11:45:37 AM      8000   Difficulty 6.31115652
                              = ~ 45MH/s, or about 40 top end video cards

All in all, 69,104,000 coins mined with a handful of GPUs in just over 2 days. Nice job guys.

5 weeks later... Hard fork to reduce rewards and maximise instamine effectiveness:

#57023 Feb 21, 2014 6:27:03 PM       8000   Difficulty 8.35521372   
                              = ~ 50 top end GPUs
#57024 Feb 21, 2014 6:27:33 PM       8000   Difficulty 19.3762414    Last diff change before reward reduction
#57121 Feb 21, 2014 10:03:38 PM       7960    Difficulty 19.37962414    Reward reduction by 0.5% every 10080 blocks

Price and difficulty plummet.

"I'm fed up mining these reward changing scamcoins..."

Every 10080 blocks:
#67201 Mar 1, 2014 9:52:34 AM       7920   Difficulty 11.94895065
#77281 Mar 11, 2014 1:42:30 AM      7880   Difficulty 17.35805563
#87361 Mar 22, 2014 7:38:41 PM      7841   Difficulty 7.91179439    Looks like only Jared left mining
#97441 Apr 3, 2014 9:15:07 AM       7801   Difficulty 11.12540833
#107521 Apr 15, 2014 9:24:08 PM      7762   Difficulty 19.86894542
#117601 Apr 30, 2014 5:56:59 PM       7724   Difficulty 15.08022371
#127681 May 21, 2014 8:41:05 AM    7685   Difficulty 80.43841606   Blocks are slowing down. Must be the ASICs taking over Scrypt multipools?
#137761 Jul 7, 2014 1:56:33 PM       7647   Difficulty 80.57865768   Slow.

Multipools having a ball with this Scrypt shitcoin that has nothing going for it at this point as far as the public can see.
Time to implement multi-algo and announce it on the first post here on this thread:


#145000 Sep 2, 2014 4:32:42 AM      7647   Copy multi-algo straight from MYR. MYR had 30s block targets at the time, DGB 1 minute... Guess the devs forgot? Double rewards and reduce twice as fast (still every 10080 blocks)
#147841 Sep 3, 2014 4:56:00 AM       7608
#157921 Sep 7, 2014 9:47:12 AM      7570
#168001 Sep 12, 2014 3:03:56 AM      7532   On the other hand, seems unlikely they're that incompetent...
#178081 Sep 16, 2014 9:02:17 PM      7495   

Price nearly at its all time low due to big inflation increase. Who would bother to mine this shitcoin unless they knew something we didn't? Apart from auto-exchanging multipools that is.

#188161 Sep 21, 2014 1:07:31 AM      7457   
...
#362880 Nov 26, 2014 7:15:41 PM      6848
#372960 Nov 30, 2014 2:05:41 PM      6814

Start of December, DigiByte announces its 250k investment http://www.coindesk.com/digibyte-raises-250k-altcoin-retail-payments/

#383040 Dec 4, 2014 12:15:38 PM    6780
#393120 Dec 8, 2014 12:01:13 PM    6746

Time for a reward drop... JARED NEEDZ CA$H!!

#399999 Dec 11, 2014 3:51:42 AM    6712   
#400000 Dec 11, 2014 3:51:45 AM    2434

I understand the devs, either through incompetence or plain scamming, doubled the rewards a few months ago... But they correct this by reducing it 2.75x?

Huge price explosion... Rolling my eyes... Jared is rolling in cash!

March 26, 2015: Hype the upcoming DigiSpeed hard fork. Claim it will be able to process more transactions per second than Visa, and far more than Bitcoin. This turns out to be complete bullshit, of course. https://bitcointalk.org/index.php?topic=408268.msg10892349#msg10892349

August 25, 2015:Seriously, where is this DigiSpeed? Jared still hyping it. "We have set the hardfork block at 1,300,000. This will occur roughly on Monday October 19th 2015" https://digibytegroup.com/project/challenge-contest-october-2015/

Finally, the DigiSpeed fork:

#1430000 Dec 5, 2015 12:35:44 AM   1078   Halving + theoretically half the block times
...
#1437478 Dec 6, 2015 8:08:08 AM      1066   ... oh no... orphans...
#1437479 Dec 6, 2015 8:08:19 AM      1066   orphan
#1437480 Dec 6, 2015 8:09:24 AM      1066   orphan
#1437481 Dec 6, 2015 8:09:25 AM      1066   orphan
... every next block...
#1440000 Dec 6, 2015 6:37:04 PM      1066   orphan
... still every block...
#1500000 Dec 17, 2015 3:55:42 AM   1066   orphan. wow, they sure are stubborn.
...
#1528099 Dec 22, 2015 12:57:34 AM   1066   orphan
#1528100 Dec 22, 2015 12:57:35 AM   1066   orphan
#1528101 Dec 22, 2015 12:57:40 AM   1066   orphan
#1528102 Dec 22, 2015 12:57:46 AM   1066   not an orphan

During this time, DigiByte was extremely vulnerable to attack, but it seems the DigiSpeed issues have finally been fixed (or have they?)

Now they're hyping DigiByte gaming. It's a massive pump, but for how long... Until MYR makes its return?


250k investment. LMAO.

N.B. This list of dodgy acts committed by DGB devs is by no means exhaustive. It's only what I managed to uncover with just a couple of hours research.

References:
- This thread
- Digibyte's block explorer
- Digibyte's github

most up to date? Mate the codebase is over 3  years behind the bitcoin one it has 0 updates, jared is going to nyc to sell lies and hype to people like you

with respect there is a huge difference between marketing and fraud, digibyte is way over that line at this point, go ahead ask for actual proof of claims like the 250k investment, lies and more lies. marketing is an important part of a business but the marketing has to be backed up by at least something for it to be at all sustainable, digibyte is not a business its a scam, you seem like a nice smart guy you should get out while you are still ahead

Visaco i hope you lost your 5 Mio Coins fucking, stupid Moron