★★DigiByte|极特币★★[DGB]✔ Core v6.16.5.1 - DigiShield, DigiSpeed, Segwit

[HR]

if that plan goes through imagine what would a happen, in the world of cryptocoins

Well, you never know what might happen. The governments and banks can just copy the open source codes and implement their own blockchain like coins and allow it to be exchanged it with FIAT, without publicly allowing exchange on their coin unless you dont create an official account on their banking system? And this way, all the minor coins die right away including some dark style coins... Maybe only BTC, LTC and PPC will survive in that case Imagine all solid companies create their own coins ? Apple will have a coin named ICoin and company shares will be sold in ICoin or any other FIAT and you can use ICoin to buy Apple products or where ever it can be used.

Or maybe the founders of the coin should officially create a company or banking system for its use if that is really worth it. Dont know... ?

If banks only copy the blockchain system, all existing coins may still have a great chance to die since there will be no need for them any more. Time will tell.

We have to take the governments in to the ring ugh
https://www.youtube.com/watch?v=IbB01TkcelM

I've been saying this for months now - much of the time putting up with people ridiculing the idea - that the digital currency that GETS OUT IN FRONT OF THE CURVE will be the winner, and that means LEADING THE WAY IN TRANSPARENCY. Every coin must be clearly assigned to its rightful owner - if not, no-one but the riskiest will participate. And the irony of the matter is that sooner or later the surviving digital currencies (if they survive trying to swim upstream) will be forced to do that anyway! So why not leverage your foresight and get out in front of the curve while you can?

How can we use some of this guidance to continue having DGB lead the pack?

Kate Knibbs
Today 3:40pm

Bill Gates: Digital Currency Can Help the Poor, But Not Bitcoin

Bill Gates has high hopes for digital currency as an important banking tool for the poor. But Bitcoin isn't one of those currencies, he said in a Reddit AMA today. At least not in its current form.

Gates extolled the value of digital currency in his AMA last year as well, explaining that since many poor people in developing countries don't have access to traditional banking, it's not financially worth it for banks to put branches in areas where the amounts stored and transferred are so small, leaving the poor at a huge disadvantage when it comes to exchanging, saving, and accessing money.

Mobile banking costs almost nothing to process, so it actually is worthwhile for banks to provide the service. That means digital money offers an opportunity for mobile banking, and hence the Bill and Melinda Gates Foundation is so gung-ho about giving people more ways to store their money.

So why not Bitcoin? The billionaire philanthropist and redditor called it "an exciting new technology" in today's AMA, but he doesn't think it's a very good tool to make banking easier in emerging markets because it's so volatile and because it's anonymous:

    We don't use bitcoin specifically for two reasons. One is that the poor shouldn't have a currency whose value goes up and down a lot compared to their local currency. Second is that if a mistake is made in who you pay then you need to be able to reverse it so anonymity wouldn't work.

Bitcoin has been touted as a potentially revolutionary banking tool for the poor, and it's likely Gates' remarks will rankle the community. But he did offer an alternative, highlighting the uses of local digital currency like Kenya's M-Pesa over anonymous cryptocurrencies:

    The foundation is involved in digital money but unlike Bitcoin it would not be anonymous digital money. In Kenya M-pesa is being used for almost half of all transactions. Digital money has low transaction costs which is great for the poor because they need to do financial transactions with small amounts of money. Over the next 5 years I think digital money will catch on in India and parts of Africa and help the poorest a lot.

Source: http://gizmodo.com/bill-gates-digital-currency-can-help-the-poor-but-not-1682346647

This definitely highlights some serious potential for DigiByte in the arena. We are working on a strategy for the developing world for DigiByte.

Don't take my word for it, hey the likes of Bill Gates says the exact same thing.

Oh, and there's the SMS, low cost, simple transaction thing we were talking about just a few short posts ago . . .


Jared, what about getting in touch with Bill Gates? Or his foundation anyway? I'm sure there's someone there who'd be willing to talk and you'd be expanding your contacts list if nothing else. You might start out with an introduction and then a lead-in to your possible interest in taking DigiByte in the same direction of Kenya's M-Pesa (doesn't mean you're going to do it, just that you're interested in sharing ideas, and I'll bet a ton of DGB that it'll open doors).

[johnywalker]

Respected community, we would like to remind you that DigiByte is traded on Comkort exchange.
We will be happy to see you.

Three markets are live DGB <-> BTC, LTC, DOGE.

Best buy prices:
0.00000026  BTC per 1 DGB - BTC market
0.00002351 LTC per 1 DGB - LTC market

Happy & Profitable Trading!

[24hralttrade]

Important Notice on Browser Extensions
January 29, 2015
We have received reports from a few users who have noticed that their BTC/LTC deposit addresses change on the screen, even after the page has fully loaded.

This is due to a browser extension malware changing the html of the page. We have narrowed it down to extensions created by a developer called “Cryptoextensions”, including “Bittrex” and “BitcoinWisdom”.

Please make sure you remove any extensions (on all browsers) made by this developer before using OKCoin. Moreover, please be cautious with any extension of software you choose to install on your browser.

Source:OKCOIN

[CryptoRaver]

How can we use some of this guidance to continue having DGB lead the pack?

Kate Knibbs
Today 3:40pm

Bill Gates: Digital Currency Can Help the Poor, But Not Bitcoin

Bill Gates has high hopes for digital currency as an important banking tool for the poor. But Bitcoin isn't one of those currencies, he said in a Reddit AMA today. At least not in its current form.

Snip 

Source: http://gizmodo.com/bill-gates-digital-currency-can-help-the-poor-but-not-1682346647

This definitely highlights some serious potential for DigiByte in the arena. We are working on a strategy for the developing world for DigiByte.

This sounds really good Jared

[CryptoRaver]

Respected community, we would like to remind you that DigiByte is traded on Comkort exchange.
We will be happy to see you.

Three markets are live DGB <-> BTC, LTC, DOGE.

Best buy prices:
0.00000026  BTC per 1 DGB - BTC market
0.00002351 LTC per 1 DGB - LTC market

Happy & Profitable Trading!

Thanks for adding Digibyte

[DigiByte]

if that plan goes through imagine what would a happen, in the world of cryptocoins

Well, you never know what might happen. The governments and banks can just copy the open source codes and implement their own blockchain like coins and allow it to be exchanged it with FIAT, without publicly allowing exchange on their coin unless you dont create an official account on their banking system? And this way, all the minor coins die right away including some dark style coins... Maybe only BTC, LTC and PPC will survive in that case Imagine all solid companies create their own coins ? Apple will have a coin named ICoin and company shares will be sold in ICoin or any other FIAT and you can use ICoin to buy Apple products or where ever it can be used.

Or maybe the founders of the coin should officially create a company or banking system for its use if that is really worth it. Dont know... ?

If banks only copy the blockchain system, all existing coins may still have a great chance to die since there will be no need for them any more. Time will tell.

We have to take the governments in to the ring ugh
https://www.youtube.com/watch?v=IbB01TkcelM

I've been saying this for months now - much of the time putting up with people ridiculing the idea - that the digital currency that GETS OUT IN FRONT OF THE CURVE will be the winner, and that means LEADING THE WAY IN TRANSPARENCY. Every coin must be clearly assigned to its rightful owner - if not, no-one but the riskiest will participate. And the irony of the matter is that sooner or later the surviving digital currencies (if they survive trying to swim upstream) will be forced to do that anyway! So why not leverage your foresight and get out in front of the curve while you can?

How can we use some of this guidance to continue having DGB lead the pack?

Kate Knibbs
Today 3:40pm

Bill Gates: Digital Currency Can Help the Poor, But Not Bitcoin

Bill Gates has high hopes for digital currency as an important banking tool for the poor. But Bitcoin isn't one of those currencies, he said in a Reddit AMA today. At least not in its current form.

Gates extolled the value of digital currency in his AMA last year as well, explaining that since many poor people in developing countries don't have access to traditional banking, it's not financially worth it for banks to put branches in areas where the amounts stored and transferred are so small, leaving the poor at a huge disadvantage when it comes to exchanging, saving, and accessing money.

Mobile banking costs almost nothing to process, so it actually is worthwhile for banks to provide the service. That means digital money offers an opportunity for mobile banking, and hence the Bill and Melinda Gates Foundation is so gung-ho about giving people more ways to store their money.

So why not Bitcoin? The billionaire philanthropist and redditor called it "an exciting new technology" in today's AMA, but he doesn't think it's a very good tool to make banking easier in emerging markets because it's so volatile and because it's anonymous:

    We don't use bitcoin specifically for two reasons. One is that the poor shouldn't have a currency whose value goes up and down a lot compared to their local currency. Second is that if a mistake is made in who you pay then you need to be able to reverse it so anonymity wouldn't work.

Bitcoin has been touted as a potentially revolutionary banking tool for the poor, and it's likely Gates' remarks will rankle the community. But he did offer an alternative, highlighting the uses of local digital currency like Kenya's M-Pesa over anonymous cryptocurrencies:

    The foundation is involved in digital money but unlike Bitcoin it would not be anonymous digital money. In Kenya M-pesa is being used for almost half of all transactions. Digital money has low transaction costs which is great for the poor because they need to do financial transactions with small amounts of money. Over the next 5 years I think digital money will catch on in India and parts of Africa and help the poorest a lot.

Source: http://gizmodo.com/bill-gates-digital-currency-can-help-the-poor-but-not-1682346647

This definitely highlights some serious potential for DigiByte in the arena. We are working on a strategy for the developing world for DigiByte.

Don't take my word for it, hey the likes of Bill Gates says the exact same thing.

Oh, and there's the SMS, low cost, simple transaction thing we were talking about just a few short posts ago . . .


Jared, what about getting in touch with Bill Gates? Or his foundation anyway? I'm sure there's someone there who'd be willing to talk and you'd be expanding your contacts list if nothing else. You might start out with an introduction and then a lead-in to your possible interest in taking DigiByte in the same direction of Kenya's M-Pesa (doesn't mean you're going to do it, just that you're interested in sharing ideas, and I'll bet a ton of DGB that it'll open doors).

HR,

Getting in touch with Bill Gates is a great idea. We are looking to contact many people like him in the very near future. We need to get people like him on board with DigiByte for sure.

The idea of remittance with DigiByte in developing countries is a perfect fit for our emphasis on micro payments and speed.

[RD965]

Bill gates? OMG were aiming high 

[24hralttrade]

Bill Gates AKA The Angel investor  

[ycagel]

This is another angle that will continue to help DGB achieve it's mission to be the mainstream digital currency for all folks. A lot of more wealthier individuals don't see the long term sustainability of this space. Reaching out to Gates and helping him understand how DGB aligns with some of the views he has could be an enormous endorsement.

I second the idea to reach out to him!

YC

if that plan goes through imagine what would a happen, in the world of cryptocoins

Well, you never know what might happen. The governments and banks can just copy the open source codes and implement their own blockchain like coins and allow it to be exchanged it with FIAT, without publicly allowing exchange on their coin unless you dont create an official account on their banking system? And this way, all the minor coins die right away including some dark style coins... Maybe only BTC, LTC and PPC will survive in that case Imagine all solid companies create their own coins ? Apple will have a coin named ICoin and company shares will be sold in ICoin or any other FIAT and you can use ICoin to buy Apple products or where ever it can be used.

Or maybe the founders of the coin should officially create a company or banking system for its use if that is really worth it. Dont know... ?

If banks only copy the blockchain system, all existing coins may still have a great chance to die since there will be no need for them any more. Time will tell.

We have to take the governments in to the ring ugh
https://www.youtube.com/watch?v=IbB01TkcelM

I've been saying this for months now - much of the time putting up with people ridiculing the idea - that the digital currency that GETS OUT IN FRONT OF THE CURVE will be the winner, and that means LEADING THE WAY IN TRANSPARENCY. Every coin must be clearly assigned to its rightful owner - if not, no-one but the riskiest will participate. And the irony of the matter is that sooner or later the surviving digital currencies (if they survive trying to swim upstream) will be forced to do that anyway! So why not leverage your foresight and get out in front of the curve while you can?

How can we use some of this guidance to continue having DGB lead the pack?

Kate Knibbs
Today 3:40pm

Bill Gates: Digital Currency Can Help the Poor, But Not Bitcoin

Bill Gates has high hopes for digital currency as an important banking tool for the poor. But Bitcoin isn't one of those currencies, he said in a Reddit AMA today. At least not in its current form.

Gates extolled the value of digital currency in his AMA last year as well, explaining that since many poor people in developing countries don't have access to traditional banking, it's not financially worth it for banks to put branches in areas where the amounts stored and transferred are so small, leaving the poor at a huge disadvantage when it comes to exchanging, saving, and accessing money.

Mobile banking costs almost nothing to process, so it actually is worthwhile for banks to provide the service. That means digital money offers an opportunity for mobile banking, and hence the Bill and Melinda Gates Foundation is so gung-ho about giving people more ways to store their money.

So why not Bitcoin? The billionaire philanthropist and redditor called it "an exciting new technology" in today's AMA, but he doesn't think it's a very good tool to make banking easier in emerging markets because it's so volatile and because it's anonymous:

    We don't use bitcoin specifically for two reasons. One is that the poor shouldn't have a currency whose value goes up and down a lot compared to their local currency. Second is that if a mistake is made in who you pay then you need to be able to reverse it so anonymity wouldn't work.

Bitcoin has been touted as a potentially revolutionary banking tool for the poor, and it's likely Gates' remarks will rankle the community. But he did offer an alternative, highlighting the uses of local digital currency like Kenya's M-Pesa over anonymous cryptocurrencies:

    The foundation is involved in digital money but unlike Bitcoin it would not be anonymous digital money. In Kenya M-pesa is being used for almost half of all transactions. Digital money has low transaction costs which is great for the poor because they need to do financial transactions with small amounts of money. Over the next 5 years I think digital money will catch on in India and parts of Africa and help the poorest a lot.

Source: http://gizmodo.com/bill-gates-digital-currency-can-help-the-poor-but-not-1682346647

This definitely highlights some serious potential for DigiByte in the arena. We are working on a strategy for the developing world for DigiByte.

Don't take my word for it, hey the likes of Bill Gates says the exact same thing.

Oh, and there's the SMS, low cost, simple transaction thing we were talking about just a few short posts ago . . .


Jared, what about getting in touch with Bill Gates? Or his foundation anyway? I'm sure there's someone there who'd be willing to talk and you'd be expanding your contacts list if nothing else. You might start out with an introduction and then a lead-in to your possible interest in taking DigiByte in the same direction of Kenya's M-Pesa (doesn't mean you're going to do it, just that you're interested in sharing ideas, and I'll bet a ton of DGB that it'll open doors).

HR,

Getting in touch with Bill Gates is a great idea. We are looking to contact many people like him in the very near future. We need to get people like him on board with DigiByte for sure.

The idea of remittance with DigiByte in developing countries is a perfect fit for our emphasis on micro payments and speed.

[24hralttrade]

What about some Digibyte sunglasses?
I could talk with my supplier to make some.



Sorry for the bad Quallity image. couldnt find a better one atm

[CryptoRaver]

What about some Digibyte sunglasses?
I could talk with my supplier to make some.



Sorry for the bad Quallity image. couldnt find a better one atm

Cool for sale in walmart ugh

[johnywalker]

Respected community, we would like to remind you that DigiByte is traded on Comkort exchange.
We will be happy to see you.

Three markets are live DGB <-> BTC, LTC, DOGE.

Best buy prices:
0.00000026  BTC per 1 DGB - BTC market
0.00002351 LTC per 1 DGB - LTC market

Happy & Profitable Trading!

Thanks for adding Digibyte

Add us to the list of official exchanges please
Thanks

[24hralttrade]

\

DigiByte Exchanges

Where To Buy & Sell DigiBytes

[CryptoRaver]

\

DigiByte Exchanges

Where To Buy & Sell DigiBytes

lightbit ? litebit

@ 24 did you contacted him.

[24hralttrade]

\

DigiByte Exchanges

Where To Buy & Sell DigiBytes

lightbit ? litebit

@ 24 did you contacted him.

LOL, my bad.  will make another one.

No not yet,,wil do this weekend.


Jared needs to change it in the OP

[StonerStanley]

HR,

Getting in touch with Bill Gates is a great idea. We are looking to contact many people like him in the very near future. We need to get people like him on board with DigiByte for sure.

The idea of remittance with DigiByte in developing countries is a perfect fit for our emphasis on micro payments and speed.

Yes it's a great idea but he said:

“When you talk about a domestic economy, [you must have] the idea of attributed transactions, where if you sent it to the wrong person you can actually get the transaction reversed. [And a traditional system] doesn’t have this huge fluctuation where the value of your account is going up and down by a factor of two.”


This is a problem, no?

Also:

“There’s a lot that bitcoin or Ripple and variants can do to make moving money between countries easier and getting fees down pretty dramatically. But bitcoin won’t be the dominant system.”

Of course Digibyte can be improved, so maybe.

[WhaleOrNot]

Looking For

P2P Skein DGB Pool

Please msg here direct or in forum

Thank You

[RJF]

I'm hearing a lot of noise about Bitcoin's "flaw" regarding no reversible transactions. This is both a good and bad feature in the protocol depending on what the transaction is for. Perhaps, a solution would be to change the code so the transaction IS reversible for some period of time or, until the receiving party physically accepts it. Thoughts?

[halinyo]

HR,

Getting in touch with Bill Gates is a great idea. We are looking to contact many people like him in the very near future. We need to get people like him on board with DigiByte for sure.

The idea of remittance with DigiByte in developing countries is a perfect fit for our emphasis on micro payments and speed.

Yes it's a great idea but he said:

“When you talk about a domestic economy, [you must have] the idea of attributed transactions, where if you sent it to the wrong person you can actually get the transaction reversed. [And a traditional system] doesn’t have this huge fluctuation where the value of your account is going up and down by a factor of two.”


This is a problem, no?

Also:

“There’s a lot that bitcoin or Ripple and variants can do to make moving money between countries easier and getting fees down pretty dramatically. But bitcoin won’t be the dominant system.”

Of course Digibyte can be improved, so maybe.

We can develop such thing for DGB;

1) If the transaction is sent to the wrong party, it can be reversible, how?
   a) Let the receiving party to accept it, otherwise the amount stays in the senders account at all time.
2) How about if you send it to a wrong address and nothing can be reversible?
   1.(a) still applies, since nobody yet accepted it.
3) What if you send it to a person wrongly, he/she accepted it and you want it back?
   a) 1 and 2 are no more a solution here. We need a force (centralized party, DGB wallet manager, Jared!) who can send it back to us with a request form;
   b) How can you know the person requested it, normally paid for a service or goods and want (steal) his money back even though it is not his any more. It is easy to trick the central party in this case.

Solution for 3) We need a complicated block chain design with a transparent database, which a transaction can be called back within a few minutes/hours/days? Therefore wallet attributes should be redesigned and modified. Nobody can spend any coins until the callback duration is expired, which is a problem. And automating the transaction callbacks can be very difficult thing to code/do/design.

Lots of open problems arise if there is no centralized authority for calling back a transaction. Even if there is, still some open problems. Someone can probably write a survey and tutorial paper on this in terms of the open problems and the security issues. Regards,

[ycagel]

More interesting information on adoption:

How Bitcoin Will Achieve Mass Acceptance (Op-Ed)
By Dwain Findlay

Note: The following article has been hand picked for being one of the standouts in the Ziftr article contest on the topic of what needs to happen for Bitcoin to enter the mainstream. Happy reading.

What will be the impetus of Bitcoin mass acceptance? There are basically three schools of thought on this topic, Merchant Adoption, Third World Unbanked, and Wall Street Investment.

All three of these avenues to mass acceptance are compelling reasons for the spread of Bitcoin and all of them will play role in world wide acceptance of the digital currency but I believe that Wall Street investment will be the initial and primary impulsion that moves Bitcoin out of the esoteric world of technology enthusiasts and internet back alleys like Silk Road and into the mainstream of finance and commerce.

Let us first examine merchant adoption. The conventional wisdom says when a significant percentage of merchants start accepting Bitcoin, it will facilitate mass acceptance by consumers. The problem is that wider merchant adoption has not thus far translated into an increase in consumer demand for the currency. This is evident from the recent 30% price decline despite bitcoin acceptance from major online retailers such as Dell, Overstock and even Microsoft. Although merchants have an incentive to accept bitcoin (since they save 2%-3% in processing fees and they don’t have to worry about charge backs), consumers are offered no compelling reason to use bitcoin for purchases instead of a credit card.

But what about bitcoin’s potential in the third world market? Yes, Bitcoin has a huge potential for the over 2.5 billion unbanked people in developing countries. The problem is that most people receiving Bitcoin from relatives in the United States or Europe will need to convert them to their local currency, thus dumping their bitcoins back on the market.

Also they will need access to a Bitcoin ATM or open a bank account in order to convert their bitcoin into the local fiat. Unfortunately it is still far too early in the currency’s evolutionary process to penetrate those markets since there are few if any Bitcoin ATMs or cryptocurrency exchanges in those countries.

Now let’s take a look at the last scenario: Wall Street investment. The emergence of Bitcoin investment trusts could be a game changer for the mass acceptance of the Cryptocurrency. Once investment firms begin purchasing large quantities of the currency, it should ignite a price surge that will take it to new heights. At a recent government auction, one investment firm purchased 40,000 bitcoins but since these coins were not purchased from a cryptocurrency exchange, it had no effect on the price. That will soon change when institutional investors such as insurance companies and retirement funds start to invest. This large influx of capital will drive the price of bitcoin far beyond the US$1,100 high of one year ago.

But how will this lead to mass acceptance? Well, it is the bandwagon effect: when the price goes up dramatically Bitcoin gets a lot of attention from the news media. This is precisely what happened a year ago when the price was at an all time high. Media hype creates awareness and curiosity in the minds of consumers. Soon these people jump on the Bitcoin bandwagon by purchasing some bitcoin.

Retailers begin to notice that a significant number of consumers own bitcoin and worry that if they don’t accept the currency they will be at a competitive disadvantage to the retailers who do. This leads to mass adoption by retailers that are trying to avoid being left behind in the new cryptocurrency revolution. This is how I believe mass acceptance will come about.

Source: http://cointelegraph.com/news/113381/how-bitcoin-will-achieve-mass-acceptance-op-ed