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1  Alternate cryptocurrencies / Service Announcements (Altcoins) / DGBGaming adds CS:GO & gets Riot API approval, which game should be next? on: March 26, 2016, 12:30:27 AM
Which game would you like to see added to the DigiByte Gaming platform next? http://digibytegaming.com/

For those curious about our platform here is our recent writeup on Bitcoin.com: https://news.bitcoin.com/counterstrike-global-offensive-now-rewards-players-digibyte-cryptocurrency/
CoinDesk Press Release: http://www.coindesk.com/press-releases/digibyte-gaming-adds-csgo-league-of-legends-creates-blockchain-attention-economy/
2  Alternate cryptocurrencies / Service Discussion (Altcoins) / DigiByte & League of Legends - How can we make DigiByte Gaming better? on: September 17, 2015, 08:24:27 AM
We are looking for people to help us test the new DigiByte Gaming platform. You can earn free DigiBytes by going to http://digibytegaming.com, signing up and then playing League of Legends.

You are rewarded per in game kill and win.

What sort of game statistics, game rewards and other playable games do you think we should add to the platform? We really want to help spread digital currency in the gaming world.

We are also looking for merchant and platform partners for the upcoming DigiByte market so gamers can spend their DigiBytes on useful items.
3  Alternate cryptocurrencies / Altcoin Discussion / High-Tech Platform Allows Users to Check-out with DigiByte in a Fitting Room on: July 28, 2015, 03:06:42 PM
Does anyone know of any other physical retail brick & morter payment systems like this that accept digital currency? Tofugear also has a smart fitting room and smart mirror display where you can checkout directly in the fitting room with DigiByte. Very cool stuff.

Check out the second episode of the DigiReport to watch how the system works: https://www.youtube.com/watch?v=86CVAVr99-I
4  Alternate cryptocurrencies / Altcoin Discussion / How many alt coins have good explainer videos? on: May 20, 2015, 08:17:34 PM
Post your coins explainer video below. We wanted to start a thread to discuss the importance of breaking digital currency down to laymen's terms for the end user to encourage mass adoption. What are the best strategies, practices and results?

After all, are we not one community gathered to encourage the adoption of blockchain technology?

Here is DigiByte's explainer video:


5  Alternate cryptocurrencies / Altcoin Discussion / Bitcoin currently has 5978 active nodes. DigiByte has 3300 + and counting. on: April 28, 2015, 12:09:52 PM
Active Bitcoin Nodes: 5978 Reachable nodes as of Tue Apr 28 2015

https://getaddr.bitnodes.io/

Active DigiByte Nodes: 3325 ( still counting) Reachable nodes as of Tue Apr 28 2015

http://dgbmap.com/

Does anyone know of any other coin that has up to date real time node availability data?
6  Local / 山寨币 / ★★DigiByte|极特币★★[DGB]✔ 什麼是Digibyte(極特幣)? on: February 07, 2015, 04:44:33 AM
★★ Introducing DigiByte 极特币 v3.0.3 MultiShield★★





什麼是Digibyte(極特幣)?

Digibyte極特幣是一個快速增長及全球分散式的數字貨幣支付網絡,靈感來自於Bitcoin比特幣。
極特幣可以讓你在互聯網上轉移資金,類似PayPal(貝寶)和西聯匯款,但有許多改進,其中包括很少或不收費的快速交易。
您只需要幾秒鐘發送和接收極特幣,便可以到達世界上任何極特幣地址,另外沒有必要註冊,登記,或隱藏費用。

使命宣言

極特幣的使命是將數字貨幣支付技術的好處,讓商家和消費者,和主流社會在全球範圍內以最容易理解的方式實施。

願景聲明

我們設想極特幣成為一個分散的數字貨幣支付網絡,數以百萬計的人在互聯網或商店上快速輕鬆地買賣產品或服務,幾乎沒有手續費。

極特幣的核心支柱

絕對安全: 現在和永遠我們的首要任務是網絡和用戶的安全性。

快速交易: 我們努力創造最快的分散交易。

世界各地的分權: 保持網絡在任何時候開放和透明的。

易用性: 允許任何人使用和得益在一個易於理解的情況

靈活的創新: 迅速改善,適應和創新對應新技術和新威脅的出現。

關鍵極特幣詞彙

極特幣: 指在支付整個極特幣網絡或單一貨幣單位網絡。 210億極特幣將以超過21年創建。

區塊: 30秒之內發送的所有極特幣交易。想想一個區塊是Excel電子表格,列出在給定的時間所有極特幣的地址。新極特幣已進入流通領域,因為每個區塊通過一個名為挖掘過程中被發現在網絡上。

挖礦: 礦業交易是如何在網絡上進行處理。任何人都可以成為一名礦工通過捐贈和使用他們的電腦或手機的計算能力,以幫助處理在極特幣網絡上的交易。 極特幣已經更容易用一個3單擊挖掘軟件做出這個過程,極適合初學者。

區塊鏈: 極特幣區塊鏈是在網絡上發現的所有區塊的整個歷史。因此,與所有的交易在網絡上進行。新增的資料塊總能連結到上一個區塊,即整條區塊鏈的尾部。極特幣對等網路將所有的交易歷史都儲存在「區塊鏈」中,所以區塊鏈可以看作記錄著極特幣交易的帳本。區塊鏈是一群分散的用戶端節點,並由所有參與者組成的分散式資料庫,是對所有極特幣交易歷史的記錄。




為什麼使用極特幣?

安全性 極特幣使用五個非常先進的加密算法

速度: 極特幣交易的通知出現在1-3秒,區塊被發現在30秒和每3分鐘交易得到充分證實。未來計劃升級將這些時間變得更快。

費用: 大多數極特幣交易是免費或攜帶一個非常小的網絡挖掘費。

全球: 極特幣已經儲存和交易遍及173個國家。

放權: 沒有必要中間人或第三方或中央服務器。

有限生產: 新極特幣每三十秒被添加到網絡過程被稱為挖掘。

稀缺性: 新極特幣每三十秒被添加到網絡過程被稱為挖掘。

稀缺性: 210億極特幣將在超過21年來創建。

新增造幣減少: 新極特幣的生產每月會減少1%。

採礦: 極特幣開採是分散式的和有五個獨立的,高度安全的採礦算法。

適應性強,創新和靈活: 極特幣不斷增加新的功能和服務保留在了數字貨幣技術的前沿。

致力於發展: 極特幣一直在持續,漸進的與來自世界各地的核心開發團隊的成員發展了一年。

收購潛力: 極特幣提供商家,銀行和其他傳統機構去與科技知識連接的一種新手段。

光明前途: 極特幣有許多新的和令人興奮的項目被釋放,在整個2015年,增加在全球範圍內極特幣的利用和爭取新用戶的採用。



極特幣對比特幣

安全性: 5個極特幣挖掘算法與1個比特幣的算法。
  • 極特幣開採更加分散。
  • 極特幣挖掘算法可以在未來改變,以防止集中。

速度:  極特幣交易比比特幣交易快得多。
  • 1-3秒交易的通知。
  • 30秒極特幣區塊對10分鐘比特幣區塊。
  • 極特幣3分鐘被確認與比特幣1小時後被確認。

成交量: 極特幣每秒可以處理更多的交易。
  • 比特幣只能處理每秒7交易。
  • 極特幣目前每秒可以處理140的交易。
  • 未來極特幣升級將推動交易限額至每秒幾千。

供貨總量: 更多極特幣,更低的價格,更多的微交易,更好的價格穩定。
  • 210億極特幣將以超過21年創建。
  • 只有2100萬比特幣將在140年來創建。
  • 1:1000的比例,每1000極特幣有1比特幣。。

靈活性: 能夠快速添加新的功能。
  • 極特幣可以添加新的功能和升級比比特幣快得多。
  • 未來極特幣升級將推動交易限額至每秒幾千。

買賣性和可用性:極特幣是一個簡單的品牌推向市場的消費者。
  • 極特幣買賣便宜得多。
  • 每極特幣兌換1美元至10美元是長期價格目標。
  • 發送5 極特幣代替0.005比特幣。





極特幣的桌面和網上錢包

 

DigiByte Mobile Wallets


DigiByte Info Kit
Share This PDF With Everyone You Know Who Can Benefit From DigiByte






連接極特幣
Keep Up With The Latest DigiByte News & Updates


同創始人賈里德聯繫






哪裡買與賣極特幣?
Where To Buy & Sell DigiBytes






DigiByte Mining Pools
DigiHash Is The Official Developer Pool


-----------------------
Scrypt
-----------------------
DigiHash
GHash.io
CoinMine
DigiForce
E-Pool.net
French P2P

-----------------------
Sha256
-----------------------
DigiHash
The Blocks Factory
iSpace
Hamster Pool
Crypto Pools
-----------------------
Qubit
-----------------------
DigiHash
The Blocks Factory
Miners Pool EU
OmarG Pool
Hamster Pool
-----------------------
Skein
-----------------------
DigiHash
The Blocks Factory
Miners Pool EU

-----------------------
Groestl
-----------------------
DigiHash
The Blocks Factory
Miners Pool EU






DigiByte Facts
DigiByte Is Now 1 Year Old

------------------------------------------------
Basic Facts
------------------------------------------------
21 Billion DGB in 21 years
30 Second Blocks
5 independent mining algorithms
Sha256, Scrypt, Skein, Groestl & Qubit
0% premine remaining
1% reward reduction every month
current reward: 2410 DGB per block

--------------------------------------
Network Timeline
--------------------------------------
Launch:
Jan. 10th, 2014
DigiShield Hardfork
Block 67,200, Feb. 28th, 2014
MultiAlgo Hardfork
Block 145k, Sep. 1st 2014
MultiShield Hardfork
Block 400k, Dec. 10th 2014

--------------------------------
digibyte.conf
--------------------------------
rpcallowip=*
rpcuser=username
rpcpassword=password
server=1
daemon=1
txindex=1
debug=1
algo=scrypt
rpcport=14022
port=12024
addnode=74.208.230.160
addnode=216.250.125.121
addnode=69.164.198.161
addnode=66.228.56.115
addnode=104.200.17.141









極特幣時間表

2009 - 2012: 最初的設計和開發的一個開源的分散cryptocurrency
名為比特幣,是由匿名程序員Satoshi Nakamot創造的。

2012 – 2013: 極特幣的創始人,賈里德泰特(Jared Tate)最初發現比特幣,花費超過14幾個月分析,學習比特幣的網絡和實驗源代碼。

November 2013: 賈里德泰特決定提高對比特幣的代碼庫並開始發展一個全新的數字貨幣和支付網絡命名極特幣。

January 10th, 2014, 12 PM MST: 極特幣正式與很多參與來自世界各地的用戶啟動。
  
February 28th, 2014: DigiShield硬岔流在區塊67,200。 極特幣開發商開發了一個名為不對稱難度調節系統DigiShield去對付多池攻擊。DigiShield被迅速採用在很多其他數字貨幣包括多吉幣。

April 8th, 2014: 極特幣團隊第一次参加紐約市的cryptocurrency大會,給人以專業的演示。觀看視頻這裡

May 1st, 2014: 極特幣在CNBC被提及。 閱讀這裡

May 9th, 2014: CNBC首次現場提到極特幣。 觀看視頻這裡

May - August 2014: 極特幣團隊同幾個有潛力投資者/戰略合作夥伴會見。

September 1st, 2014: MultiAlgo在區塊145000硬岔流。極特幣部署其第二硬岔流允許5個獨立挖礦算法,是第一種數字貨幣做此類安排。

November 29th, 2014: 極特幣宣布有250000美元私人投資,去建設網絡服務並和香港的Tofugear有限公司合作成立辦事處。 閱讀公告這裡

December 10th, 2014: MultiShield在區塊400000硬岔流。極特幣部署和執行其第三硬岔流去提高網絡性能,並將獎勵減少而使到極特幣的生產期延長到超過21年。

January 10th, 2015: 極特幣已經一歲了。

January 16th, 2015: D極特幣發布DigiHash易挖礦,為初學者帶來便利。 閱讀這裡。

January 21st, 2015: DigiByte releases 1st Web Based Multi-Signature Wallet. Read Release Post

January 23rd, 2015: The first DigiByte wallet has been approved & listed on the Apple iTunes store. Read Release Post

January 26th, 2015: DigiByte mentioned on CNBC.com! Read Article

February 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 Post



Tofugear Hong Kong Partnership
DigiByte Is Proud To Be Working With Tofugear On Several Exciting Projects


The DigiByte Team is pleased to announce the opening of two new companies and offices representing their full suite of products & services: DigiPay LLC of Santa Monica, California and DigiTrade International Limited of Hong Kong. With a private investment made for USD $250,000, the DigiByte Team now has the financial backing to build software and services around the DigiByte core protocol and bring DigiByte further into the digital and real world markets.

Through a strategic partnership & shared office with Tofugear Limited of Hong Kong, the DigiByte Team has now expanded to developing solutions in a global operation, to meet the ever-changing demands of the consumer.  In collaboration with Tofugear Limited’s strategic retail, wholesale and technical development partnerships, the DigiByte core protocol is currently being developed into a range of solutions that will revolutionize the consumer’s daily life.

The DigiMan



Official DigiByte Mascot



7  Alternate cryptocurrencies / Service Announcements (Altcoins) / You can now tip/send DigiByte on Twitter, Twitch, YouTube & Reddit! on: February 01, 2015, 05:05:36 AM

Introducing ★★ DigiByteTip ★★ v1.0 beta testing

What is DigiByteTip?

DigiByteTip works like ChangeTip or DogeTipbot but only better as tips actually move over the DGB network!
You can now send DigiBytes on Reddit, YouTube, Twitter & Twitch!

use "#digibytetip +(amount)" ex. "#digibytetip +1337" on all social platforms


 
1) Visit DigiByteTip Website & link one or all of your social media accounts
2) Deposit a small amount of DGB to your DigiByteTip address
3) Tip your friends, family others with the following syntax: (receiver must already be registered with DigiBytetip)
     Twitter: #digibytetip @someone +123
     Reddit: #digibytetip /u/someone +123
     Twitch: #digibytetip +123
     YouTube: #digibytetip +123

On YouTube & Twitch only the channel owner/streamer can receive tips.

Note:
This is beta software, use at your own risk & limit the amount of DGB you deposit.
We will never sell any of your personal data.

First DigiByteTip transaction: https://twitter.com/DigiByteCoin/status/561636438236614657
Future Planned Upgrades:

*Message notifications: right now both users must be registered with DigiByteTip. We are working on a notification system to notify unregistered users they have received a tip.

*Since tips are sent over the DGB network in realtime our next release allow users to be tipped directly on their own personal DigiByte address.

*Facebook integration tested & coming soon.

*Explanatory video & UI facelift.

*Multi-signature integration giving users the ability to handle their own private keys.


DigiByte Info Kit
Share This PDF With Everyone You Know Who Can Benefit From DigiByte


Connect With DigiByte
Keep Up With The Latest DigiByte News & Updates




Please help us test & let us know any issues you may have!
8  Alternate cryptocurrencies / Service Announcements (Altcoins) / ★★ DigiByte | 极特币★★ Releases First Multi-Signature, Web-Based Wallet! on: January 21, 2015, 09:49:25 AM
Introducing ★★DGBWallet.com★★ Beta v1.0

What is DGBWallet?

DGBWallet.com is the first multi-signature wallet for DigiByte!

1) DGBWallet is a web based DigiByte wallet that is accessible from all devices
2) Your private keys are stored locally on your desktop or phone
3) You can set up 2 of 2, all the way to 3 of 6 multi-sig accounts

DGBWallet.com is a secure DigiByte wallet platform for friends and companies. Easy-to-use multi-signature DigiByte wallet, brings corporate-level security to ordinary people.

When friends or company executives join a DGBwallet, more than one person must sign every transaction. If your computer is compromised and your private keys are stolen, the DigiBytes are still safe if you use the multi-signature feature. This is in addition to state-of-the-art encrypted storage and communication.

Please give us feedback & let us know how DGBwallet works for you!

DigiByte Core v3.0.3 Wallets & Source

 

DigiByte Mobile Wallets


DigiByte Info Kit
Share This PDF With Everyone You Know Who Can Benefit From DigiByte


Connect With DigiByte
Keep Up With The Latest DigiByte News & Updates



DigiByte Exchanges
Where To Buy & Sell DigiBytes

9  Alternate cryptocurrencies / Altcoin Discussion / Help DigiByte Test Our New 3 Click Beginner Mining Software on: January 16, 2015, 02:42:09 AM
Introducing ★★DigiHash Easy Miner★★ Beta v1.0
Note: This is beta software that gets smarter & adapts (learns mining configs & hardware profiles) as time goes on
Many card profiles & configs will not be in the system today, but with your help will be their very soon

What is DigiHash Easy Miner?

DigiHash Easy Miner is software designed to make mining DigiByte on Windows with a CPU & GPU as simple as:
 
1) Download

2) Install digihash.exe
3) Enter DGB address from wallet & start mining on DigiHash.co

Works with AMD & NVIDIA cards & CPU's

Our goal is to begin bringing in many new users through some of the marketing campaigns we are planning with this software. We want to make DigiByte mining as simple and as easy to do as possible for a beginner.

How does it work?

DigiHash auto-detects your computers hardware (AMD, NVIDIA, CPU) & then connects to a central server to download the appropriate mining software and references the appropriate configuration and begins mining. All with one click of a button.

For the first few days & weeks most configurations for miners will not be optimized in the initial miners database on the server as their is literally thousands of combinations for hardware.

This is where we can use your help!

We need people today to download the miner & run it even if it does not mine properly for your specific card type. This is the only way we can gather the unique hardware identifier for your specific mining hardware. This is done automatically in the background and sent to the server.

From their we can start matching configs with hardware ID's over the next few weeks.

Please email dev@digibyte.co with your specific card model & manufacturer, the mining software & version you have optimized & the config you are using that gets the best results. There will also be a trace ID displayed you can report to us so we can confirm your hardware ID and config with.

Once the config is in the database it will work for everyone and help out bring new miners on board.

We also will be releasing a Wiki later today where you can also submit hardware configurations.

Future Upgrade Plans
Support for Linux & Mac OSX
ASIC support
Auto tuning widget & manual controls for intensity, threads etc
Facelift

Remember this is a version 1 beta built entirely from the ground up for DigiByte. Be patient as it will get smarter as time goes on & a user will not have to keep downloading new versions.

Cheers!

Note: This software is not required, nor will it ever be required to mine DigiByte. This is simply a tool to make it easier for beginners.

Visit the main DigiByte spread: https://bitcointalk.org/index.php?topic=408268.0
10  Alternate cryptocurrencies / Mining (Altcoins) / Help DigiByte Test Our New 3 Click Beginner Mining Software on: January 16, 2015, 02:41:23 AM
Introducing ★★DigiHash Easy Miner★★ Beta v1.0
Note: This is beta software that gets smarter & adapts (learns mining configs & hardware profiles) as time goes on
Many card profiles & configs will not be in the system today, but with your help will be their very soon

What is DigiHash Easy Miner?

DigiHash Easy Miner is software designed to make mining DigiByte on Windows with a CPU & GPU as simple as:
 
1) Download

2) Install digihash.exe
3) Enter DGB address from wallet & start mining on DigiHash.co

Works with AMD & NVIDIA cards & CPU's

Our goal is to begin bringing in many new users through some of the marketing campaigns we are planning with this software. We want to make DigiByte mining as simple and as easy to do as possible for a beginner.

How does it work?

DigiHash auto-detects your computers hardware (AMD, NVIDIA, CPU) & then connects to a central server to download the appropriate mining software and references the appropriate configuration and begins mining. All with one click of a button.

For the first few days & weeks most configurations for miners will not be optimized in the initial miners database on the server as their is literally thousands of combinations for hardware.

This is where we can use your help!

We need people today to download the miner & run it even if it does not mine properly for your specific card type. This is the only way we can gather the unique hardware identifier for your specific mining hardware. This is done automatically in the background and sent to the server.

From their we can start matching configs with hardware ID's over the next few weeks.

Please email dev@digibyte.co with your specific card model & manufacturer, the mining software & version you have optimized & the config you are using that gets the best results. There will also be a trace ID displayed you can report to us so we can confirm your hardware ID and config with.

Once the config is in the database it will work for everyone and help out bring new miners on board.

We also will be releasing a Wiki later today where you can also submit hardware configurations.

Future Upgrade Plans
Support for Linux & Mac OSX
ASIC support
Auto tuning widget & manual controls for intensity, threads etc
Facelift

Remember this is a version 1 beta built entirely from the ground up for DigiByte. Be patient as it will get smarter as time goes on & a user will not have to keep downloading new versions.

Cheers!

Note: This software is not required, nor will it ever be required to mine DigiByte. This is simply a tool to make it easier for beginners.

Visit the main DigiByte spread: https://bitcointalk.org/index.php?topic=408268.0
11  Alternate cryptocurrencies / Altcoin Discussion / DigiByte turns 1 year old today! on: January 10, 2015, 02:25:05 PM
DigiByte is officially turning 1 year old today! DigiByte was successfully launched on January 10th 2014 at 12 PM MST. This marks 12 months of consistent, committed development.

Over the course of the past 12 months DigiByte has endured 3 separate hard forks, several updates and a very turbulent alt coin market. Through all this DigiByte is emerging as a dedicated leader in the digital currency space. We are working on several exciting projects to push DigiByte forward in 2015 and we are very excited for what the future holds!

We are very committed to the long term success of DigiByte and we warmly welcome everyone into the Digibyte community!
12  Alternate cryptocurrencies / Marketplace (Altcoins) / Looking to hire a promo video producer & marketing materials artist on: December 16, 2014, 08:19:57 AM
We are looking for a talented video producer to make a 60 second DigiByte promotional video targeting new users with a professional voiceover.  We are also looking to hire someone to develop additional graphics & marketing materials.

If you have a portfolio please feel free to pm us or share it below.
13  Alternate cryptocurrencies / Altcoin Discussion / Cryptocurrency Protocol Protection & Moratorium Act on: December 10, 2014, 08:54:53 AM
For those of you in the United States please contact your US Senators & Congressional Representatives and ask them to support this bill:

http://www.gpo.gov/fdsys/pkg/BILLS-113hr5777ih/content-detail.html

This bill would be huge to support & foster the growth of cryptocurrencies in the United States! It puts a 5 year moratorium on any legislation restricting cryptocurrencies.

Quote
(a) Neither the Federal Government nor any State
or political subdivision thereof shall impose any statutory
restrictions or regulations specifically identifying and
governing the creation, use, exploitation, possession or trans-
fer of any algorithmic protocols governing the operation
of any virtual, non-physical, algorithm or computer source
code-based medium for exchange (collectively, ‘‘crypto-
currency’’ as defined herein) for a period beginning June
1, 2015, and extending five years after the enactment of
this Act (such period, the ‘‘moratorium period’’), except
for statutes already enacted and effective prior to the date
of enactment of this Act, and further suspending the en-
actment and effectiveness of any and all pending statutes
and regulations until the end of the aforementioned mora-
 torium period, except as otherwise provided in this section.
14  Alternate cryptocurrencies / Altcoin Discussion / Open Letter To The Digital Currency Community From DigiByte on: November 30, 2014, 07:56:05 PM
DigiByte Ecosystem

With the announcement of our USD $250,000 private investment, we wanted to engage the greater digital currency community with an open letter on where we are heading now that we have the resources to take on some serious opportunities around DigiByte.  

In addition, we believe many of our offerings will have strategic benefits for other digital currencies out there, and if we can augment their offerings, we are excited to do so in the name of bringing digital currencies to the next generation of users!  With the pioneering spirt of DigiShield and MultiShield, we have already proven this to be true to our fellow coins, and we hope they will sincerely support us as we work towards the development of the DigiByte Ecosystem.

The DigiByte Ecosystem was built upon the notion that digital currency today really moves in only one direction – consumers ultimately get out.  If we as users of digital currency actually expect this process to change, we must build businesses and services around our coins that will engage the greater global markets to find utility with digital currency, and result in actual value for these coins.  The DigiByte Ecosystem is necessary to make everyone from the miner to the consumer to the merchant to see utility in carrying out transactions in these currencies, to prevent the significant downward pressure that coins like Bitcoin face today.

In order for digital currency to grow and reach this level of utility, it must have inherent benefits for the consumer.  Now for this issue, the proponents of digital currency are quick to say, “Why yes, there are many benefits for the consumer!” while in reality the far more analytical and pragmatic members of our global society are scratching their heads, trying to fairly and accurately answer this question.

It is a challenge in today’s world to try to figure out where the consumer will get benefit from digital currency.  Before you even get to the issue of the real world transaction (the holy grail of digital currency’s role in the global economy), you have some major issues to tackle:

1. Core Protocol
One area where most of the current digital currency community has error in its focus is in ensuring that there is a Coin core protocol set up to support the need for fast transactions, suitable block rewards, and fairness across the spectrum of mining setups.  

DigiByte delivers on all three.

DigiByte Payment Network today recognizes payments between users at lighting fast speeds, including instant notification of payment received and initial confirmation after 30 seconds. This is where consumers and merchants can immediately see great advantage over other currency offerings in the marketplace.

For miners, the opportunity to mine on DigiByte’s five algorithms that utilize a wide variety of computer hardware means everyone now has a chance to get in on the network.  Whether utilizing GPU’s, ASICs or CPU, everyone from the casual computer user to the gamer’s rig have the hardware necessary to begin mining DigiByte.  As explained in the next section, this is crucial to the security of the DigiByte Network.

2. Mining
The genesis of bringing digital currency into this world, mining by today’s standard is not only something best reserved for those who know how to do it, but in many cases, those who already have the money for the hardware needed.  For many digital currencies, including Bitcoin, the miner will need to invest substantial amounts of money to even have a fighting chance to be a part of the opportunity.

For DigiByte, we transitioned to a multi-algorithm mining process to allow an equal playing field for anyone out there who wanted to join, to have a chance to be a part of the network and a take on the profit of mining they would otherwise not be able to see with other coins.  This is extremely important, as a decentralized mining structure is crucial to the overall security of the network, and more miners means more decentralization.

Mining is one of the core focuses related to the overall DigiByte Ecosystem we are fostering.  In order to greatly ramp up the amount of miners out there and the hardware they can use to be relevant in the market, the DigiByte team believes mining should be as simple as pressing a button and letting your computer begin its work.  In order to get one step closer to a real world adoption of digital currency and furthermore DigiByte, this is not a convenience, but a crucial requirement.

3. Digital Currency Trading Platforms
One area where everyone can be in agreement today is that as far as digital currency goes, trading is still a major issue.  Although there are many solutions out there today to let you get out of your digital currency holdings, getting into a digital currency position is still a rough process.

Trading platforms are currently utilized to a large extent by the speculators in the market.  They have a need for trading platforms to get in and out of the currencies traded, quickly.  As time moves on and consumers view digital currency as a stored value and payment method rather than a speculative play, these platforms need to cater to the needs of the buying-in consumer, allowing them to more easily secure digital currency positions and tie these trading accounts to other financial and banking opportunities afforded to real world currency today.

The DigiByte Team is focused on developing and implementing such kinds of services with the vision to establish such kinds of trading, banking and financial opportunities surrounding digital currency.  As a means of creating the DigiByte Ecosystem, these developments will prove to be crucial for the non-mining consumer to enter the digital currency market, and leverage this influx of users with the hope of having a significant population of consumers with digital currency in their holdings, which leads to the next section.


4. Digital World Utility
In the digital world, we are borderless. Every day we interact with people from all backgrounds and nations, in search of something much more different than what our real world lives provide.  It is about connectivity, teaching, learning, entertainment, creativity and inspiration.  Many of us log onto the internet each day, and where it can take us is rarely predictable.  We have embraced the internet as our vehicle to the digital world.  Then why shouldn’t we consider digital currency as a way for us to pay and support what we believe in and desire in the digital world?

The DigiByte Team is dedicated to creating and collaborating to provide businesses and services built around the digital world.  The generation of simply “liking” what others have to say or they provide, or the idea of utilizing high fee alternatives like credit cards to pay for goods and services provided online is quickly coming to an end.  

Through social media platforms that range from keeping in contact with your friends, writing on topics that are important to you, messaging the world and letting them know your opinions, or simply watching streaming videos online, digital currency will prove to be a means of letting people know what you think, in a way that users can bank on.

The DigiByte Team is also focused on a key demographic of the digital world, which is the online gaming community.  As a large group of the DigiByte Team is in fact online gamers in their spare time (what spare time, we know!), our solutions are also driven towards this very interesting niche market, which in a recent study measured this figure to be at 700 million gamers worldwide! That is astonishing!  The DigiByte Team is already developing solutions and opportunities for the gaming community, and we believe that this mega community will be the next generation to bring value to digital currency in the world.

The DigiByte Ecosystem and the Real World Utilization of Digital Currency
Now we enter the final section of this open letter.  And what better way to do that then to speak to the holy grail of digital currency:
OK, we don’t have the simple answer now. What we do know is that initiatives like Apple Pay and CurrentC are accomplishing key changes to the consumer’s behaviors and preferences for real-world shopping: moving them away from magnetic strip plastic cards and using their mobile phones to initiate and process payments.

This is extremely important, as the consumer’s transaction behavior is already beginning to change.  From the consumer’s perspective, their needs will always remain the same, but their behaviors will change when it comes to available technology.  The benefits that the consumer will realize for digital currency will first come from the digital world.  With the combination of DigiByte having a recognized stored value, a means for carrying out a transaction and accumulation by the global market, DigiByte then will be very well positioned to take on real-world needs of global commerce channels.


With our vision and strategy in mind, we wanted to leave you with one parting thought on DigiByte, and the future of payments:

“We shall not cease from exploration
And the end of all our exploring
Will be to arrive where we started
And know the place for the first time.”
- T.S. Eliot
15  Alternate cryptocurrencies / Altcoin Discussion / DigiByte Receives $250,000 USD Investment, Opens Global Offices on: November 28, 2014, 08:06:35 PM
Dear AltCoin Community,

Its is with great pleasure that we make the following press announcement:

The DigiByte Team is pleased to announce the opening of two new companies and offices representing their full suite of products & services: DigiPay LLC of Santa Monica, California and DigiTrade International Limited of Hong Kong. With a private investment made for USD $250,000, the DigiByte Team now has the financial backing to build software and services around the DigiByte core protocol and bring DigiByte further into the digital and real world markets.

Through a strategic partnership with Tofugear Limited of Hong Kong, the DigiByte Team has now expanded to developing solutions in a global operation, to meet the ever-changing demands of the consumer.  In collaboration with Tofugear Limited’s strategic retail, wholesale and technical development partnerships, the DigiByte core protocol is currently being developed into a range of solutions that will revolutionize the consumer’s daily life.

DigiByte (DGB) is a rapidly growing worldwide professional decentralized payment network.  The DigiByte Development team holds offices in USA and Hong Kong, with community developers spanned globally.  DigiByte allow you to move money more securely over the internet similar to PayPal and Western Union, but with many improvements, including lightning fast transactions with minimal or no fees.  Users send and receive DigiBytes to or from any DigiByte address in the world in a matter of seconds, with no required sign up, registration, or hidden fees.

http://www.digibyte.co/blog/digibyte-receives-250000-investment-opens-global-offices

http://tofugear.com/

http://www.tofugear.com/en/case_studies#digibyte
16  Alternate cryptocurrencies / Altcoin Discussion / Proposed DigiByte v3.0.3 Update & Hard Fork @ Block 400,000 on: November 19, 2014, 09:57:41 AM
Proposed DigiByte v3.0.3 Update & Hard Fork @ Block 400,000

    *Update difficulty code to prevent future myriad style time warp attack
    *Update checkpoints & seed nodes
    *Update & fix bug which triggers safe mode for exchanges & pools
    *Include updated DigiByte image in wallet
    *Change production from 6,746 DigiBytes per block at time of fork to 2,435 DigiBytes per block
    *Change reduction from 1% per week to 1% per month. (12% annual reduction compounded monthly)


Dear Crypto Community,

DigiByte was launched on January 10th, 2014 with 60 second block times and the promise DigiByte would reach a maximum coin production of 21 billion coins about 30 years from now. There was also an understanding that roughly 4 billion coins would be produced in the first year of DigiByte's life.

As many of you are aware, following the second DigiShield update, DigiByte production came to a halt with slow block times. To return to the proper rate of production, we hard forked to MultiAlgo mining.

We successfully achieved the benefit of five mining algorithms for much faster transactions with the switch from 60 second blocks to 30 second blocks. These faster transactions will be a huge boost in the future for merchants & DigiByte users.

However, this increased coin production leaves us with a short term inflationary problem in a deflationary code environment. With the block speed reduction (60 seconds to 30 seconds), DigiByte production doubled. This means twice as many coins are currently entering the DigiByte ecosystem as originally planned. While this originally worked to catch us up to the projected 4 billion coins in the first year, we feel with an upcoming hard fork that now is the best time to make a change.  If production remains the same, we face a massive inflationary problem over the next year and we will reach maximum DigiByte production in 15 years.

We have always been opposed to intentionally increasing the rate of production, but in this case everyone wins when we reduce the current reward to fit in with our original vision and timeline. Everyone's DigiBytes will become more valuable, and our current inflation problem will be curbed by roughly two-thirds. This will help to alleviate some sell pressure on the price.


We are proposing three major changes in this hard fork @ block 400,000:
    A)Change production from 6746 DigiBytes per block at time of fork to 2435 DigiBytes per block (see spreadsheet)
    B) Change reduction from 1% per week to 1% per month. (12% annual reduction compounded monthly)
    C)Update DigiByte difficulty code to prevent future time warp attacks (see MyriadCoin attack)

Projection Spreadsheet:
http://www.digibyte.co/sites/digibyte.co/files/DigiByte_Production_Projection_v3.0.3.xlsx

This makes DigiByte attractive to an investor for the following reasons:

    *21 Billion DigiBytes in 21 years (Max supply & fixed predetermined rate of production: see spreadsheet)
    *1 to 1000 ratio with Bitcoin (21 million BTC to 21 billion DGB)
    *BTC once hit $1300, DGB could hit $1.30, perfect price for micro transactions
    *DigiBytes become 1% more scarce every month, 12% annually, compounded monthly
    *Bitcoin reward reduces 50% every 4 years, DigiByte has a monthly compound reduction of 48% every 4 years
    *DigiByte at $1 = $21 Billion dollar market cap in 2035, Western Union is $12 Billion right now
        *BOA Said Bitcoin had max $14 billion market cap potential right now
    *DigiByte at $10 = $210 billion market cap, possible by 2035 when mining ends
    *We can always move the decimal point one place and have $2.1 Trillion DigiBits if needed Smiley
    *Much more sustained mining incentive than previous model, 1% weekly reduction was too sharp of a decrease, this is more gradual (Miners = network security)

Projection Spreadsheet:
http://www.digibyte.co/sites/digibyte.co/files/DigiByte_Production_Projection_v3.0.3.xlsx



DigiByte Block Timing: (Each of 5 algos discovers new block every 2.5 minutes)

    1 new block every 30 seconds
    2 blocks per 60 seconds
    120 blocks per hour
    2,280 blocks per day
    20,160 blocks per week
    80,649 blocks per month

Last DigiByte to be minted: January 10th, 2035 (21 years)

      Last Paying Reward Block: 19,764,941



Please post your thoughts and check out the spreadsheet here for a detailed overview of DigiByte production: http://www.digibyte.co/sites/digibyte.co/files/DigiByte_Production_Projection_v3.0.3.xlsx

DigiByte Thread: https://bitcointalk.org/index.php?topic=408268.0

DigiByte Website: http://www.digibyte.co/
17  Alternate cryptocurrencies / Pools (Altcoins) / Does anyone know of working NOMP skein or qubit pool for any coin? on: November 18, 2014, 10:42:09 AM
Does anyone know of working NOMP skein or qubit pool for any coin? We have yet to find one that is up an running at the moment for any coin.
18  Alternate cryptocurrencies / Marketplace (Altcoins) / Want to work in the Digital currency field? DigiByte is now hiring! on: October 11, 2014, 05:37:13 AM
DigiByte Bug Bounties & Job Offerings

Greeting everyone!

We are excited to announce we are now offering bug fix reward bounties! Help us fix some of the issues on Github and we will send you some DGB (50,000 DGB). We are swamped with development work on other DigiByte projects. So the more eyes we can get on the code the better!

Check out the issues here: https://github.com/digibyte/DigiByteProject/issues

Also, if you have a known DigiByte issue that is not listed there, please create a new "issue" with error & code details so we can look through it. We want to begin organizing & tracking all problems there instead of via email & pm's.



DigiByte Contract Opportunities

iOS APP:
We are looking for an experienced iOS developer to develop & maintain a DigiByte iOS app. Most likely this can be done by forking the bread wallet code. https://github.com/voisine/breadwallet

We are very willing to negotiate & pay a very fair amount in DGB, BTC or USD for this work.

Finish Android DigiByte Wallet:
We are looking for an experienced Android (java) developer to help us finish the wallet & work through some of the bugs we are currently experiencing. We have a wallet partway done with our existing Android wallet. We have several errors we need to debug.

We are very willing to negotiate & pay a very fair amount in DGB, BTC or USD for this work.



Full-time DigiByte Developer in Hong Kong
We are looking to hire a full time C++ developer in or around Hong Kong to work on the core DigiByte code as well as other DGB projects. This person will work out of our start-up office in HK. Pm us if you are interested or know anyone who may be interested. We will also be looking to hire a couple more developers in the coming weeks in Hong Kong!

DigiByte is finally getting of the ground & we are excited to see where things are heading!

email: dev@digibyte.co for more information about these opportunities!
19  Local / 山寨币 / 翻译 DigiByte 迪智币 on: October 09, 2014, 08:11:01 AM
这是正确的翻译为DigiByte 迪智币

https://bitcointalk.org/index.php?topic=408268.0
20  Alternate cryptocurrencies / Altcoin Discussion / How does the Chinese name ★极特币★ sound for DigiByte? on: October 09, 2014, 08:00:14 AM
What do you think of the Chinese name 极特币 for DigiByte? We will be compiling this translation into our upcoming wallet update. Any feedback from native Chinese speakers would be much appreciated!

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