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Author Topic: [ANN][DGC] Digitalcoin | Multi-algo & Masternodes | Established 2013  (Read 511778 times)
cosmoo
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January 09, 2014, 07:05:51 PM
 #4581

friendly bump!
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r32godzilla
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January 10, 2014, 05:45:42 AM
Last edit: January 10, 2014, 01:21:38 PM by r32godzilla
 #4582

With all this GHash pool bitcoin fork panic would it not be a prime time to promote dgc given its excellent track record in regards to fork attempts and inbuilt checkpoint blocks to protect against this.

http://qz.com/165273/the-existential-threat-to-bitcoin-its-boosters-said-was-impossible-is-now-at-hand/

Would be a great time to promote this and gain alot more investors in DGC who are currently worried about Bitcoin. They may just add dgc to thier portfolio of investment Cryptocoins even if Bitcoin hopefully does not succumb to this problem.

Thoughts??

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Machinist_X
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January 10, 2014, 06:34:57 AM
 #4583

With all this GHash pool bitcoin fork panic would it not be a prime time to promote dgc given its excellent track record in regards to fork attempts and inbuilt checkpoint blocks to protect against this.

http://qz.com/165273/the-existential-threat-to-bitcoin-its-boosters-said-was-impossible-is-now-at-hand/

Would be a great time to promote this and gain alot more investors in DGC who are currently worried about Bitcoin. They may just add dgc to thier portfolio of investment Cryptocoins even if Bitcoin hopefully does not succumb to this problem.

Thoughts??

that 51% thing is really interesting, it seems like a bit of a unforeseen flaw, hopefully something can be done, as bitcoins strength boosts all altcoins, dgc is a solid coin, good support/community and a good name for mainstream adoption, just a shame it doesnt have 1-2 years more of solid mining behind it to strengthen it but that will come in time i think thats the only thing really that can put people off this coin but thats really nothing wrong but thats the only flaw i can see in dgc atm.

hope it does get investment if people started early now they could earn alot of money from riding the dgc climb even if in worst case scenario it comes no where near litecoin but with the proper support and time it could surpass it
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January 10, 2014, 08:33:04 AM
 #4584

that 51% thing is really interesting, it seems like a bit of a unforeseen flaw

What part of it was unforeseen exactly? It was known since Bitcoin's inception, heck it's in the Introduction of Bitcoin's white paper.
disclaimer201
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January 10, 2014, 11:36:49 AM
 #4585

What panic are you speaking of? It has happened many times before. Deepbit had close to 50% ( I think it even had over 50% before) of the bitcoin network in 2011. There is no economic incentive to do a 51% attack and as I have argued in the DGC thread on the topic, I do not think this is a good chance to promote DGC for obvious reasons.
r32godzilla
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January 10, 2014, 01:15:27 PM
Last edit: January 10, 2014, 01:45:29 PM by r32godzilla
 #4586

What panic are you speaking of? It has happened many times before. Deepbit had close to 50% ( I think it even had over 50% before) of the bitcoin network in 2011. There is no economic incentive to do a 51% attack and as I have argued in the DGC thread on the topic, I do not think this is a good chance to promote DGC for obvious reasons.

Theres alot of stuff in the media about it at the moment and more people now than in the past trading,mining or interested in Bitcoin. Dgc has had numerous unsuccessful forking attempts already unlike other coins suchs as WDC and FTC.

I don't see why given these reasons and the current big scare talk about a potential 51% attack on Bitcoin its not a good time to promote dgc given its good track record so far and promising future.

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disclaimer201
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January 10, 2014, 01:54:00 PM
 #4587

What panic are you speaking of? It has happened many times before. Deepbit had close to 50% ( I think it even had over 50% before) of the bitcoin network in 2011. There is no economic incentive to do a 51% attack and as I have argued in the DGC thread on the topic, I do not think this is a good chance to promote DGC for obvious reasons.

I'm not sure what obvious reasons your referring to?

Theres alot of stuff in the media about it at the moment and more people now than in the past trading,mining or interested in Bitcoin. Dgc has had numerous unsuccessful forking attempts already unlike other coins suchs as WDC and FTC. Dgc has inbuilt safeguards which Baritus has discussed before.

I don't see why given these reasons and the current big scare talk about a potential 51% attack on Bitcoin its not a perfect time to promote dgc as a strong, safe and promising coin that any wise person should look to invest in for the future??

I may indeed be wrong. Please educate me a bit on these safeguards, and tell if they are anything beyond mere checkpoints? The obvious reasons I'm hinting to are the rather small hashrate that DGC still has. DGC's hashrate was in the hundreds of Mhash/s compared to 114.000 of Mhash/s ltc is protected by. And these hundreds (instead of 100ks!) was just weeks ago, any midsize or even small LTC pool could attempt a 51% attack at any time, unless I am wrong of course. In any case, for a young coin like DGC it would be foolish to go around advertising security in contrast to Bitcoin. If at all, it would promote litecoin first of all. But litecoin is far too manipulated for my taste (extremely!), and profit margins and difficulty are not high enough to attract new time miners/investors. This is where DGC's actual strength lie, next to speed and its awesome community, of course.
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January 10, 2014, 02:01:57 PM
 #4588

I agree: DGC looks pretty solid compared to most other altcoins, despite the little hashrate.
Thus I suppose the algorythms and the network (and the people behind them) are what make it different.
It also says a lot about how people choose what to mine.
The same I would say for SRC, but I believe it hash a much higher (relative) hashrate.

r32godzilla
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January 10, 2014, 02:21:34 PM
 #4589

What panic are you speaking of? It has happened many times before. Deepbit had close to 50% ( I think it even had over 50% before) of the bitcoin network in 2011. There is no economic incentive to do a 51% attack and as I have argued in the DGC thread on the topic, I do not think this is a good chance to promote DGC for obvious reasons.

I'm not sure what obvious reasons your referring to?

Theres alot of stuff in the media about it at the moment and more people now than in the past trading,mining or interested in Bitcoin. Dgc has had numerous unsuccessful forking attempts already unlike other coins suchs as WDC and FTC. Dgc has inbuilt safeguards which Baritus has discussed before.

I don't see why given these reasons and the current big scare talk about a potential 51% attack on Bitcoin its not a perfect time to promote dgc as a strong, safe and promising coin that any wise person should look to invest in for the future??

I may indeed be wrong. Please educate me a bit on these safeguards, and tell if they are anything beyond mere checkpoints? The obvious reasons I'm hinting to are the rather small hashrate that DGC still has. DGC's hashrate was in the hundreds of Mhash/s compared to 114.000 of Mhash/s ltc is protected by. And these hundreds (instead of 100ks!) was just weeks ago, any midsize or even small LTC pool could attempt a 51% attack at any time, unless I am wrong of course. In any case, for a young coin like DGC it would be foolish to go around advertising security in contrast to Bitcoin. If at all, it would promote litecoin first of all. But litecoin is far too manipulated for my taste (extremely!), and profit margins and difficulty are not high enough to attract new time miners/investors. This is where DGC's actual strength lie, next to speed and its awesome community, of course.

Yeah probably better to ask Baritus about those in via PM however I doubt he will go into all the details though. I agree though better to not try and invite people to try and attack your coin but it has survived numerous fork attempts and has a good track record so far. Add to that the slow, steady, solid growth, great upcoming services and the other stuff you mentioned as well Smiley

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heskey
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January 11, 2014, 03:00:02 PM
 #4590

Is there any information like top 100 richest about this coin?

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Sondey10mg
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January 11, 2014, 04:14:42 PM
 #4591

Is there any information like top 100 richest about this coin?

The only thing I know is that I'm not one of them  Grin

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hash.so
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January 11, 2014, 04:56:12 PM
 #4592

You can also become rich, just need to come mine with us at:

https://dgc.hash.so/

* EU and US stratum servers!
* 0% pool fee!
* vardiff
* PPLNS
* Fast servers
* Professional server admin (no downtime)


Same user/pass/workers work for all of our pools!

Point your miners at:
stratum+tcp://pool-eu.hash.so:1337/
stratum+tcp://pool-us.hash.so:1337/

And switch the coin from the frontend. It's very nice, you will like it Smiley

Pool support thread here

Hash.so mining pools with easy coin switching! vardiff, pplns, and 0% fee (1% default donation). Come join us! Smiley
Currently we have 40 scrypt coins and adding new ones all the time.
Support/request thread here.
disclaimer201
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January 12, 2014, 12:16:02 AM
 #4593

DGC is still off coinmarketcap... shoot.
disclaimer201
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January 12, 2014, 12:24:03 AM
 #4594

Is there any information like top 100 richest about this coin?

You might want to check blockr.io for this type of info.
r32godzilla
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January 12, 2014, 07:55:10 AM
 #4595

Don;t forget to 'like' the DGC Facebook page if you haven't already. Thanks!  Smiley

https://www.facebook.com/DigitalCoinDGC

Also keep an eye out for CryptoAve open beta which is due to start today

http://cryptoave.com


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heskey
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January 12, 2014, 01:56:16 PM
 #4596

Top 10 wallets:

1: 791989.94000000 coins (~6.5% of todays total supply)
2: 375000.00000000 coins (~3.1% of todays total supply)
3: 279577.90000000 coins (~2.8% of todays total supply)
4: 247000.00000000 coins (~2.0% of todays total supply)
5: 225000.00000000 coins (~1.8% of todays total supply)
6: 200001.00000000 coins (~1.6% of todays total supply)
7: 200000.00000000 coins (~1.6% of todays total supply)
8: 162016.99280914 coins (~1.3% of todays total supply)
9: 141867.32123478 coins (~1.1% of todays total supply)
10: 140885.32683688 coins (~1.1% of todays total supply)

Perhaps better than most other coins, but still pretty fucking centralized.

█████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████
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disclaimer201
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January 12, 2014, 03:42:13 PM
 #4597

Is this hashrate info reliable? http://dgc.theblocksfactory.com/
Sondey10mg
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January 12, 2014, 03:44:32 PM
 #4598

Is this hashrate info reliable? http://dgc.theblocksfactory.com/

Seems right

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r2vape
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January 12, 2014, 11:45:14 PM
 #4599

Top 10 wallets:

1: 791989.94000000 coins (~6.5% of todays total supply)
2: 375000.00000000 coins (~3.1% of todays total supply)
3: 279577.90000000 coins (~2.8% of todays total supply)
4: 247000.00000000 coins (~2.0% of todays total supply)
5: 225000.00000000 coins (~1.8% of todays total supply)
6: 200001.00000000 coins (~1.6% of todays total supply)
7: 200000.00000000 coins (~1.6% of todays total supply)
8: 162016.99280914 coins (~1.3% of todays total supply)
9: 141867.32123478 coins (~1.1% of todays total supply)
10: 140885.32683688 coins (~1.1% of todays total supply)

Perhaps better than most other coins, but still pretty fucking centralized.

Heavy backers of the coin since launch and consistent miners with decent hash would be the reason for this Smiley

scorpty
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January 14, 2014, 01:31:49 PM
 #4600

Top 10 wallets:

1: 791989.94000000 coins (~6.5% of todays total supply)
2: 375000.00000000 coins (~3.1% of todays total supply)
3: 279577.90000000 coins (~2.8% of todays total supply)
4: 247000.00000000 coins (~2.0% of todays total supply)
5: 225000.00000000 coins (~1.8% of todays total supply)
6: 200001.00000000 coins (~1.6% of todays total supply)
7: 200000.00000000 coins (~1.6% of todays total supply)
8: 162016.99280914 coins (~1.3% of todays total supply)
9: 141867.32123478 coins (~1.1% of todays total supply)
10: 140885.32683688 coins (~1.1% of todays total supply)

Perhaps better than most other coins, but still pretty fucking centralized.

Heavy backers of the coin since launch and consistent miners with decent hash would be the reason for this Smiley

Or it could be big investors or wallets from exchanges...

And DGC is back on http://coinmarketcap.com!
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