[ANN][DGC] Digitalcoin | Multi-algo & Masternodes | Established 2013

[Nanolucas]

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]

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]

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.

[disclaimer201]

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.

[pallas]

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]

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

[heskey]

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

[Sondey10mg]

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

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

[hash.so]

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

Pool support thread here

[disclaimer201]

DGC is still off coinmarketcap... shoot.

[disclaimer201]

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

You might want to check blockr.io for this type of info.

[r32godzilla]

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

https://www.facebook.com/DigitalCoinDGC

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

http://cryptoave.com

[heskey]

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.

[disclaimer201]

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

[Sondey10mg]

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

Seems right

[r2vape]

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

[scorpty]

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

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

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

[disclaimer201]

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

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

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

This information says very little to begin with. One could have ten receiving addresses with 50k each. Unless you send all your coins to one specific address it will not show up in the list. I bought most of my coins when everyone was dumping dgc mined on multipools all the way down to 3000 satoshis. If you take the risk and invest in something you believe in when it's at its lowest point, you deserve to make a profit. Anyone can still make money on DGC and join the party. It will go far beyond 100k satoshis in the future, so 30-40k satoshis is quite a bargain.

Off-topic: Same as above goes for everyday life and support. Everyone knows how much cheering you get when life is going well for you ("We always believed in you!"), but if shit starts to hit the fan it may be that not even your own family believes in you. Those are the times you have to start believing in yourself, because noone else will. Luckily, DGC has left this phase behind and many more people see its potential. DGC has excellent qualities and could just as well replace litecoin. People will not find out until DGC has risen in price significantly though. This is what distinguishes early adopters from the rest of the crowd. Mine and buy DGC now while the global hashrate is still in the lower thousand Mhash, or come back and mine at diff 100 or 1000.

[Sondey10mg]

Still buying at this low price. Get in while you can 

[redwine77]

Yeah it is a good price, momentum was steadily building before there were problems with dgc displaying on the market cap pages.