Tyke
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Activity: 1474
Merit: 1175
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March 21, 2015, 04:16:38 PM |
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Once the book titled "DIGIBYTE "THE ALT-ERNATIVE" A FIRST YEAR HISTORY" has been completed, I feel it will be a great introduction for newbies in the future. They will be able to read about all the events, discussions and changes which have occurred. In addition, it will be a great historical collectible as well as promotional material going forward.
Great work! Thinking about buying 5 books, 1 to keep for myself and 4 to give away Any suggestions for what you would like to see in the book?
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esotericizm
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 21, 2015, 05:29:41 PM |
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The block reward change from 8,000 to 7,960 (0.5%) reduction happened on the 21st of February 2014 at block 57,200. I thought it happened at block number 67,200. Is there something wrong with the block explorer at http://digiexplorer.info/ ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) DigiExplorer was optimized for the code base after multialgo. Now that you bring this up it would make sense for it to potentially return the incorrect reward prior to multiaglo (block 145k). We will look more into this issue. For now run the commands from the qt wallet to get the absolute information. But yes, the reward changed at block 67200 to 7960. Not 57200. OK thank you Should be fixed this with the following code for bitcore. var nDiffChangeTarget = 67200; var patchBlockRewardDuration = 10080; var patchBlockRewardDuration2 = 80160 var alwaysUpdateDiffChangeTarget = 400000; var nSubsidy = 1 * util.COIN; Block.GetDGBSubsidy = function GetDGBSubsidy(height) { var qSubsidy; if (height < 400000) { qSubsidy = 8000 * util.COIN; var blocks = height - nDiffChangeTarget; var weeks = (blocks / patchBlockRewardDuration) for (var i = 0; i < weeks; i++){ qSubsidy -= (qSubsidy/200) }; } else { qSubsidy = 2484 * util.COIN; var blocks = height - alwaysUpdateDiffChangeTarget; var weeks = (blocks / patchBlockRewardDuration2)+1; for (var i = 0; i < weeks; i++) { qSubsidy -= (qSubsidy/100) } } return qSubsidy; }; Block.getBlockValue = function getBlockValue(height) { /* Digibyte Rewards for Javascript */ if (height < nDiffChangeTarget) { nSubsidy = 8000 * util.COIN; if(height < 1440) { nSubsidy = 72000 * util.COIN; } else if(height < 5760) { nSubsidy = 16000 * util.COIN; } } else { nSubsidy = Block.GetDGBSubsidy(height); } if(nSubsidy < 1 * util.COIN){ nSubsidy = 1 * util.COIN; } return nSubsidy; }; https://github.com/digibyte/bitcore/commit/402a73b5572e953010080ed5c1a9dd81c7815b3cCheers.
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MaxDZ8
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 21, 2015, 05:56:54 PM |
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how does DigiHash Easy Miner★★ v2.0 work ? i added a local DGB adres on my pc and i let it run to try it for 4 hours
(i never mined any coins before ) I understand that it won't be much that im mining but i don't see any coins anywhere ? im sure i must have mined at least 1 coin during these hours ^^ You cannot see the generated coins on the miner. If you're mining on digihash.co they'll get into your wallet. If your wallet has no coins - Check out the configuration!
- Your hashrate could be so low you cannot even make it or, more likely
- Your GPU drivers might be messing up the whole process!
I haven't tried 2.0 yet but the previous version didn't mine by default. Did you hit the "play" ► button? What algo are you mining and on what hardware?
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EPLDCC
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 21, 2015, 06:20:19 PM |
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Great work we can use this online ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Thanks.. Of course. I made them as a foundation. Anyone can feel free to use them. Or, if you want to adapt them, change them, etc., etc..
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Verias
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 21, 2015, 06:30:30 PM |
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how does DigiHash Easy Miner★★ v2.0 work ? i added a local DGB adres on my pc and i let it run to try it for 4 hours
(i never mined any coins before ) I understand that it won't be much that im mining but i don't see any coins anywhere ? im sure i must have mined at least 1 coin during these hours ^^ You cannot see the generated coins on the miner. If you're mining on digihash.co they'll get into your wallet. If your wallet has no coins - Check out the configuration!
- Your hashrate could be so low you cannot even make it or, more likely
- Your GPU drivers might be messing up the whole process!
I haven't tried 2.0 yet but the previous version didn't mine by default. Did you hit the "play" ► button? What algo are you mining and on what hardware? i used my pc , its a few years old but i can still play every game out there. i think i used Scrypt algorithm with NVIDEA GeForce GTX 670 at 18.14 i got 1.2746447 DGB. i know i cant expect many coins but it expected at least more then this ... is my pc really that bad
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EPLDCC
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 21, 2015, 06:57:26 PM |
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excited to see how digibyte would look after 3-4 years
If you buy and hold, there's a good chance you will be a very wealthy person. If not, give it a couple more years when the block rewards drop even more. hope youre right. but i dont see this going to 1 usd ea. it would have 21b market cap if that happens Why not? I think it's still far too early in the adoption of digital currencies to guess about where they will or won't be in 5 or 10 years. But, it's entirely possible that DGB could reach $1 per coin. It helps to put things into perspective, I live in the State of California. Last year, the GDP for California was nearly 3 trillion USD. If all the 21 billion DGB existed today, (which they don't), and if the value of DGB climbed to $1 per coin, the market cap for DGB would still only be 0.7% of the GDP of California. If you add up all the current market caps of all digital currencies you'll get something near $4 billion. Last year, there was also something like $600 million in woldwide venture capital invested in BTC and other digital currencies. So, let's just round up to another billion, and add that to the total current market caps. That means that there is probably somewhere around $5 billion USD invested - total - in all digital currencies and companies. Even if you add a couple of extra billion for miscellaneous costs and investments that are not accounted for in market caps and venture capital, we can still pretty easily estimate that the total money in digital currencies today is less than $10 billion. So, just to put that number in perspective ... all the combined money in digital currencies is around 0.3% of the GDP of just California last year. Apple Computers made about almost $15.9 billion dollars between October to December last year (3 times all the money in digital currency). Goldman Sachs earned about $2 billion in the fourth quarter 2014 (so in 3 months that single investment firm made 50% as much money as all the money in digital currencies). There's no reason to go on and on with examples. The plain and simple truth is that digital currencies are still in the very preliminary stages of adoption and, at present, they are incidental to overall economic activity. DGB has enormous room for growth, it is part of a great new technology.
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DeDordtenaar
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 21, 2015, 07:57:09 PM |
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ok thanks! is there a way to sync my wallet faster? i am 1 year 9 weeks behind.
Yes there is. There should be a torrent file somewhere in this topic. I cant seem to find it atm though since im browsing on my phone.
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,╓▄▄▄▄▄▄▄▄▄╓ ╓▄█████████████████▄╖ ╓▄█████▀▀'▒,,,,,╠'▀▀█████▄, ,▓███▀╜,▄▄███████████▄▄,╙▀████╖ ▄███▀ ▄█████▀▀"``╙"▀▀█████▄ ▀███▄ ▓███╜╓████▀ ,▄▄█████▄▄, ▀████,╙███▌ ▓███`╔███▀ ╓▓███▀▀▀▀▀████╖ ▀███@"███▌ ]███▌┌███▌ ▐███ ███▄ ▐███ ▐███, ▐███ ▐███ .███ ███ ███▌ ███▌ ▐███ ▐███ '███ ███ ███▌ ███▌ ]███@╙███@ ▀██▌ ,▄██▌ ▐███ ▐███` ▓███ ▐███▄ ╙██▀╩ 9███╜ ╔███▀,███▌ ████,╙███▌ ▓███╜,████ ▀███▄ ▀╜ ▀▀ ▄███▌ ╙████▄, ╓▄████╜ ╙█████▄▄╓, ,╓▄▄█████▀ ▀▀█████████████████▀▀ '▀▀▀▀▀▀▀▀▀▀▀'
| CloakCoin | Private, Secure & Untraceable Cryptocurrency | Enigma Forum | Bitcointalk | Twitter | Slack | Facebook | VK | Reddit | CloakTV | Instagram | IRC-Chat | Faucet
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Meije
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 21, 2015, 08:08:53 PM |
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Great coin you have here!, i am mostly a Guldencoin user an enthusiast but since i heard on our forums about the development and community behind this coin i decided to buy myself some Digibyte. I am also using the new miner from a few posts above, i haven't received any coins yet from the mining unfortunately. The only thing i am a bit confused about is which are CPU/GPU algo's, i think it is better to put something like Skein(CPU)..., it makes it easier for the new user to understand which Algorithm to use. I know that you can mine with every algo on a laptop, but if somebody starts mining SHA-256 on an laptop it will take ages to get some coins instead of using one of the CPU algo's.
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HR
Legendary
Offline
Activity: 1176
Merit: 1011
Transparency & Integrity
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 21, 2015, 09:51:30 PM |
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excited to see how digibyte would look after 3-4 years
If you buy and hold, there's a good chance you will be a very wealthy person. If not, give it a couple more years when the block rewards drop even more. hope youre right. but i dont see this going to 1 usd ea. it would have 21b market cap if that happens Why not? I think it's still far too early in the adoption of digital currencies to guess about where they will or won't be in 5 or 10 years. But, it's entirely possible that DGB could reach $1 per coin. It helps to put things into perspective, I live in the State of California. Last year, the GDP for California was nearly 3 trillion USD. If all the 21 billion DGB existed today, (which they don't), and if the value of DGB climbed to $1 per coin, the market cap for DGB would still only be 0.7% of the GDP of California. If you add up all the current market caps of all digital currencies you'll get something near $4 billion. Last year, there was also something like $600 million in woldwide venture capital invested in BTC and other digital currencies. So, let's just round up to another billion, and add that to the total current market caps. That means that there is probably somewhere around $5 billion USD invested - total - in all digital currencies and companies. Even if you add a couple of extra billion for miscellaneous costs and investments that are not accounted for in market caps and venture capital, we can still pretty easily estimate that the total money in digital currencies today is less than $10 billion. So, just to put that number in perspective ... all the combined money in digital currencies is around 0.3% of the GDP of just California last year. Apple Computers made about almost $15.9 billion dollars between October to December last year (3 times all the money in digital currency). Goldman Sachs earned about $2 billion in the fourth quarter 2014 (so in 3 months that single investment firm made 50% as much money as all the money in digital currencies). There's no reason to go on and on with examples. The plain and simple truth is that digital currencies are still in the very preliminary stages of adoption and, at present, they are incidental to overall economic activity. DGB has enormous room for growth, it is part of a great new technology. Just to add a few more numbers: last I looked, the USD M2 money supply was around 11 trillion dollars. The Euro Zone easily matches that amount. All in all, the developed world's USD equivalent money supply is somewhere in the range of 55-60 trillion USD. 21 billion is peanuts. Oh, and then there's the inflation thing with those fiat currencies suffer from, and with one of the original reasons for investing in a cryptographically secure digital currency being the very fact that it's a hedge against that inflation, DGB could easily go to $2.00 someday, or even $5.00, or $10.00, all depending on just how much the good old greenback, et al., are debased in the coming years. 210 billion would still be peanuts. Hey everyone, don't lose sight of the forest for the trees!!!! http://en.wikipedia.org/wiki/Money_supplyhttp://data.worldbank.org/indicator/FM.LBL.MQMY.CN
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24hralttrade
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 21, 2015, 10:03:54 PM |
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Great coin you have here!, i am mostly a Guldencoin user an enthusiast but since i heard on our forums about the development and community behind this coin i decided to buy myself some Digibyte. I am also using the new miner from a few posts above, i haven't received any coins yet from the mining unfortunately. The only thing i am a bit confused about is which are CPU/GPU algo's, i think it is better to put something like Skein(CPU)..., it makes it easier for the new user to understand which Algorithm to use. I know that you can mine with every algo on a laptop, but if somebody starts mining SHA-256 on an laptop it will take ages to get some coins instead of using one of the CPU algo's.
Welcome buddy! Good to see you over here!
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Tyke
Legendary
Offline
Activity: 1474
Merit: 1175
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 22, 2015, 12:26:23 AM |
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Happy to announce that I have reached page 456 of this thread (30th April) for the research of the DigiByte Book.
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Jumbley
Legendary
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Activity: 1218
Merit: 1003
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 22, 2015, 12:57:51 AM |
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Happy to announce that I have reached page 456 of this thread (30th April) for the research of the DigiByte Book.
Reading this thread in its entirety is quite daunting, I must admit that I am looking forward to reading your book. How many pages do you think it will have?
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Tyke
Legendary
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Activity: 1474
Merit: 1175
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 22, 2015, 01:10:09 AM |
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Happy to announce that I have reached page 456 of this thread (30th April) for the research of the DigiByte Book.
Reading this thread in its entirety is quite daunting, I must admit that I am looking forward to reading your book. How many pages do you think it will have? Number of pages of the book is estimated to be between 100 and 150. Yes, the beginning of the thread took a long time to read. January 2014 had 219 pages alone.
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MaxDZ8
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 22, 2015, 02:45:18 PM |
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I just tried Digihash 2 miner. I am a bit disappointed.
Let's start with a minor thing: it reads v2 but on start, version number is 1.0.1.25068. Confusing. I had to reinstall... but apparently this is correct. Maybe that was just me.
I run using the "default" settings on a Radeon 7750 with driver 14.12 Omega. I'm not quite sure who figured out those settings to target which users.
For groestl, it uses -I 17 -g 2 -w 264 on my system. Worksize 264 (256+8) is sure a sub-optimal setting for my hardware (it should be a multiple of 64). Produces a lot, a lot of output. I had difficulties figuring out what was going on.
With qubit the settings are way more sensible (-I 16 -g 2 -w 256) but it makes my system fairly sluggish but can do.
Skein goes very wrong. Leaving aside it loads both my CPU (one core) and GPU and it goes with the w 264 nonsense, the main problem is it makes my system basically unusable. When I say "unusable" I don't mean it's hard to watch an HD video on youtube. I mean it's hardly possible to edit a text file in notepad. It could be a driver issue but just to be clear, I'm not going to mine Skein ever again.
The skein miner does a thing right however: the amount of output is sensible.
Is there a "how much performance do you want to use" slider?
The "wants higher performance possible" idea is a "core miner" mindset thing. Casual users will most likely want to mine while using their computers. You should really ask them how much power they need for their job and try to not interfere with their objectives.
Last note: Groestl and Skein use an animated icon when mining. I find it very distracting. Please reconsider this choice.
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Bluestreet
Legendary
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Activity: 988
Merit: 1000
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 22, 2015, 02:55:06 PM |
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Great coin you have here!, i am mostly a Guldencoin user an enthusiast but since i heard on our forums about the development and community behind this coin i decided to buy myself some Digibyte. I am also using the new miner from a few posts above, i haven't received any coins yet from the mining unfortunately. The only thing i am a bit confused about is which are CPU/GPU algo's, i think it is better to put something like Skein(CPU)..., it makes it easier for the new user to understand which Algorithm to use. I know that you can mine with every algo on a laptop, but if somebody starts mining SHA-256 on an laptop it will take ages to get some coins instead of using one of the CPU algo's.
Welcome buddy! Good to see you over here! I am liking the cross community between Digibyte and Guldencoin. Both the best coins for future potential. No doubt in my mind!
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Tyke
Legendary
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Activity: 1474
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 22, 2015, 06:39:40 PM |
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I have just designed a simple DigiByte book cover: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FFEK3p7E.png&t=665&c=fgq46DfU02TdrA)
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Meije
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 22, 2015, 07:02:53 PM |
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Great coin you have here!, i am mostly a Guldencoin user an enthusiast but since i heard on our forums about the development and community behind this coin i decided to buy myself some Digibyte. I am also using the new miner from a few posts above, i haven't received any coins yet from the mining unfortunately. The only thing i am a bit confused about is which are CPU/GPU algo's, i think it is better to put something like Skein(CPU)..., it makes it easier for the new user to understand which Algorithm to use. I know that you can mine with every algo on a laptop, but if somebody starts mining SHA-256 on an laptop it will take ages to get some coins instead of using one of the CPU algo's.
Welcome buddy! Good to see you over here! I am liking the cross community between Digibyte and Guldencoin. Both the best coins for future potential. No doubt in my mind! I agree. As you all know the Guldencoin devs are very busy working on the multi-algo change, but there is still something that is not clear to me concering multi-algo, but i do not want to disturb the NLG devs with it so i will ask it here. Everybody knows that cryptocurrency development is accelerating at an high pace and that new mining algorithms pop-up quite often, how will Digibyte keep up with the new mining algos that will be released in the future?. From what i have heard the multi-algo change is not easy at all, so is there a way to easilly automate incorporation of new mining algorithms into the coin? without needing hardforks?. There will come a time where making Asic-miners for "current" CPU-only algorithms will become a reality, how will Digibyte adopt to such a thing?, maybe in a few years 10K+ users will mine Digi on their PC, when asics come alive all those people will not mine anything anymore. If there were a way to "link" new mining algorithms to the blockchain it would make things much easier. Not to even mention that if Digi and-or NLG will become very popular and widely used alongside Bitcoin the development will become much more conservative to prevent deadly problems, acting as a brake to new Algorithm development since it cannot be implemented easily.
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HR
Legendary
Offline
Activity: 1176
Merit: 1011
Transparency & Integrity
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 23, 2015, 12:12:31 AM |
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So guys, lets say hypothetically I want to move nearly 8M DGB from the exchange that they are currently on and lets say that when I attempt this, it fails because the transaction is too large. In fact it turns out that even a transaction as low as 100K DGB is too large but I did manage to pull a small amount close to 33K DGB off. I'm starting to feel a bit boxed in, 100K too big 24.9K too small?
The exchange support report the reason for this is that; "The issues with the DGB are due to wallet fragmentation on it. There are too many small inputs in the wallet currently and it simply cannot combine them into a single transaction with 512kb in size. You can try smaller amounts - 100-200K usually go through without a hickup. We have no intention of holding your coins in any way - this issue is common to all the ctrypto currencies, as there is a working mechanism to make smaller inputs out of larger ones, but no working mechanism to reverse the process. We apologize for any inconveniences. "
Surely you don't expect me to make a few hundred 2FA transactions to retrieve my funds I ask.
not at all they say, this is what they said;
"Your best bet would be to sell the DGBs off for other currency, such as BTC for example and withdraw them - that is if you need the coins right away. Other option is to try once in a while. There is a very small turnover in the DGB wallet, which causes it to be fragmented. But when someone makes a big deposit - that usually solves the problem. Really this is an issue with all the coins in essence - it just does not happen much on the more popular ones because transactions go in and out all the time and keep the inputs refreshed."
What do you think about this guys?
Had the chance to research this further, and, more importantly, to do some testing. Re: What Does "Transaction Too Large" Mean?
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Jumbley
Legendary
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Activity: 1218
Merit: 1003
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 23, 2015, 12:52:58 AM |
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So guys, lets say hypothetically I want to move nearly 8M DGB from the exchange that they are currently on and lets say that when I attempt this, it fails because the transaction is too large. In fact it turns out that even a transaction as low as 100K DGB is too large but I did manage to pull a small amount close to 33K DGB off. I'm starting to feel a bit boxed in, 100K too big 24.9K too small?
The exchange support report the reason for this is that; "The issues with the DGB are due to wallet fragmentation on it. There are too many small inputs in the wallet currently and it simply cannot combine them into a single transaction with 512kb in size. You can try smaller amounts - 100-200K usually go through without a hickup. We have no intention of holding your coins in any way - this issue is common to all the ctrypto currencies, as there is a working mechanism to make smaller inputs out of larger ones, but no working mechanism to reverse the process. We apologize for any inconveniences. "
Surely you don't expect me to make a few hundred 2FA transactions to retrieve my funds I ask.
not at all they say, this is what they said;
"Your best bet would be to sell the DGBs off for other currency, such as BTC for example and withdraw them - that is if you need the coins right away. Other option is to try once in a while. There is a very small turnover in the DGB wallet, which causes it to be fragmented. But when someone makes a big deposit - that usually solves the problem. Really this is an issue with all the coins in essence - it just does not happen much on the more popular ones because transactions go in and out all the time and keep the inputs refreshed."
What do you think about this guys?
Had the chance to research this further, and, more importantly, to do some testing. Re: What Does "Transaction Too Large" Mean?Yeah, Their support sorted this for me, so I have since removed the whole amount in a single transaction. It took them a little time but then it would I guess.
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DigiByte (OP)
Legendary
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Activity: 1722
Merit: 1051
Official DigiByte Account
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 23, 2015, 06:47:17 AM |
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We wanted to give everyone an update on the tipbot. We are in the process of making several upgrades to the back end and it will be offline for a few hours.
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