I'm ok with you guys, but promote what?
A money that can't buy anything ?
I'm afraid the only ppl you'll recrut are just speculators.

In the other hand, people won't want to sell stuff and be paid in DGB if no one uses it..   egg or chicken

I think most of the videogame virtual currencies are a place where you can't go, because the game editors have created them at purpose .
For them it is better to sell you 30000 [game]coin for 30$ (call it credit)  and let you spend it in game then ask you to pay in $ in the game, why ?  because they get the cash first, they are the only exchange for their money, and they have created a need.

We can either create a new need ( why not, but it requires inventivity) or we can just try to fit peoples current needs ( food, drink, porn wathever)

Thoughts about crypto currencies (sorry english is not my native language)

I need a parallel with "real" money:
Real money was generated by countries/govt so people can have items to exchange for goods (food, house) or services.
People use the money as a way to stock value in order to spend it later, so the main concern is stability.
The countries were stocking amounts of gold in deposits to garantee the value of their money.(humans has always considered gold as somthing valuable...)
Today, the moneys we use ($ €)  are not directly related to real gold in safe deposits, and their stability is indexed to the economic stability of the country or group of countries that emit and use it.

Now bitcoin:
Initially value of this money is not indexed on anything real, this is just a "proof of work" that at least shows it is not so easy to generate money.
The main purpose was to bypass all the banks system and fasten exchanges.

Now bitcoins has a bit of value index as you can exchange it for dollars, or eventually spend it for goods or services(not so much when you compare it to $ or €).

As we've seen in the past, bitcoin has been used mainly as a spectulative value, people don't buy it to trade for goods or services, they buy it to sell it at a higher price and make benefit.

Now alt currencies:
Alts are not indexed directly to anything real, but you can trade it for bitcoins, then for dollars, then for goods (sorry i don't consider i coulf use BTC to buy everyday life stuffs).
They are highly speculative and every person who buys it is not even thinking "what could i buy with those [####]coins" , but "how much will it raise so i can make a great benefit by selling it".

So what  ?

I believe there are 2 options:

1/ (BAD)The money stays at the level of highly speculative value, and you can't exchange it for goods, then ( sorry some don't like to hear that, but,) it is exaclty the ponzi scheme, which means the last person who will buy it will just loose money in exchange for nothing, and those who will make money are those who will just sell before no one wants it anymore.

2/(GOOD)The money trades for goods and services and people start to want the money, because they will use it for something useful in their real life (buying food, payings bills)


I read here and there that DGB needs to be more social, so that many people are interested in it and buy it :
what is the purpose of it ?  maintain the bad ponzi scheme , new comers will pay for us, period

IMHO, the only real deal would be that people can start using DGB for something else than speculation ( i think of those guys who rent hotel rooms and accept DGB).
Ideally the best would be some stuffs you could "only" by with DGB, so DGB gives ou access to exclusive things.

So what do we need ?
We need to be sure that "technologically" the money is robust (exchanges fast and secure), stable (be sure that their will be enough hash power to handle the transactions and generate new coins|purpose of digishield), and ergonomic ( give poeple tools to use it).
IT IS !

and ?

And we need a purpose, people won't buy DGB just because it is cool, they will buy it because they will use it for goods or services.

When i watch Doge for example, I see a purpose, it is designed to become a way of tipping people in forums/chats/everything.
It becomes a money that ppl will use to thank other ppl for their help, it gives value to the money because it is traded for something real.
I can imagine people buying DOGE as credits to be able to ask for help in forums, donate to charity..etc




 

if I calculate well (took 1BTC/600$), it make 28 satoshi/DGC, I know it has gone down, but not so much

http://digi.coinium.org/index.php?page=statistics&action=blocks

in section  "Block Overview"  column "Avg Diff"  Row "Last 24H"   now 18.88

Don't know if you can trust it since digishield but it seems to be statistics, not estiamtions...

Thanks for the answers about p2pool and mulit 300kh/s machines.

"If" it happens that digishield also puts pool mining into trouble, it would mean that dgb can only be mined correctly through p2pool.
In one hand, it is great in terms of decentralization, and 51% protection
In the other hand, it would laso mean losing lots of miner which means we can't garantee a stable and high hashrate..

Anf for those who seem astomished by high /low rate changes, its is exactly the purpose of digishield, adapt dynamically to global hash power, and it works !

I think the peaks are due du multi pool that didn't notice that digishield was live, with a big hash power , and just a few seconds mining you can artificially pump the difficulty for next blocks, but it will also drop fast.

question about p2pool

I have several machines with cpu/gpu and the aggregation of all can go up to 5Mh/s , but each machine is just like 200/300kH/s

How does p2poll handle this? as i read it's best to have high hashrate, is it global directed to a unique wallet, or per worker ?

So far I'm on coinium and it is ok, but I like the p2pool approach.

I think there is a anti hopping in P2pool, it means you'll be paid for the first time only after mining 12 hours.

form Hollowstorm previous page:
4) P2pools have an anti Pool-hopping mechanism. New Miners must go through around 12 hours of mining to get the first payout. That means the difficulty in the p2pool that your mining in will not swing left and right...

PS(sorry in french): un chti'mi ? ça nous connait la mine
en p2pool il te faut attendre 12h pour recevoir le premier paiement, c'est une protection.

Here are facts:

I believe the way mining pools software calculates next difficulty is now outdated:

Est Next Difficulty   20.68417368 (Change in 35 Blocks)

Especially the "Change in 35 Blocks", If i get it well, it should always be "Change in 1 Block"

This example is on http://digi.coinium.org/ which is updated in version 2.0.

It is not an issue, more cosmectic...

.1

IGNITION

Preparing for DigiShield Launch

AntiMultiPool:Armed

5.

something is happening on mintpal

lots of DGB buy at high rate like 120   then mass sell at 60.

Someone who needs to erase tracks with stolen btc again ?

do you guys need any translation into french ?
let me know if I can help

I don't understand what could "kill" the coin ?
What is the worst scenario, price going near to 0 ?  and ?
We, the community won't sell, and those who eventually buy it at very low price will then keep it until price raises,  no ?
IMHO the only way to kill the coin would be everyone stops mining and no more transactions happening, but the community is here waiting for DigiShield to protect agains MP...

Please explain.

hey thanks !

Hey, here it is :


cheers

Happy that I proposed that name for my first post ever on bitcointalk

DigiShyeld  DiffiShyeld  DigiShield  DiffiShield Dig-Ishield  Dig! I Shield