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

[cryptmebro]

Block reward halved or what? Used to be 2157 DGB / block, now 1078 DGB / block. v4.0.0.0

Let's do the math.... 21 Billion DGB in 21 years with 30 second blocks. 15 second blocks means double the amount of coins coming in to circulation unless there is not a %50 reduction. (Release notes)

V4.0 chain is fine. It appears there are a handful of services who did not upgrade. Let's give everyone a few hours to figure it out. All is well, cheers everyone.

How about considering a 50% reduction?  This would lead to alot more investors and greater value to those who have already invested.  Also it would allow the value to be higher on your end rather then going down hill, could you please consider this?

I believe they made a change to keep the 21b in 20. Don't know it offhand though, sorry.

[miningpoolhub]

Miners, https://digibyte-skein.miningpoolhub.com is not running V4.0.0
Please stop mining untill they updated.

We updated now. Sorry for late update.

[veertje]

I found this coin through the league of legends promotion.  Getting free DBG for playing has now caused me to buy a bunch more as well!

I think this promotion has very good potential, but I think the referral program for it could be improved to really reward people for referring many users.

I think that the current system of getting 5000 free DBG if you refer 3 friends should be changed to add a 10% (or something) payment for all coins earned by your referrals.

This would incentivize 'famous' league of legends players to refer their fanbase, which could result in some massive growth of the userbase.  Imagine if one of the top LoL streamers started promoting digibyte in their stream to tens of thousands of their viewers?  They could probably get thousands of people to sign up.

That's a very good idea.
However we need to be careful to not look like one of those ponzi schemes.
It could be a bad profile aswell

I agree.  I'd be in favor of a payout for every referral.  So, maybe something like 60 or 100 DGB for each referral confirmed as a new member - and a person could make as many referrals as they wanted.  But, I don't think that we should go anywhere near the multi-level-marketing scheme of getting a percentage of your referees' payouts.

Thank you very much for your input. This is a very good idea. We will see what we can do!

As gaming noob i also registered at http://digibytegaming.com/

What i experienced was some problems with registration of the summoner. First of all i had to register at Leage of Legend main website. And had to make a twitch account. No problem with that Then i had to google for the Leage of Legend client and install it, which i only see in the video: https://www.youtube.com/watch?v=nUdsJx1UbuM. If i hadn't seen the video, i would have given up, because i didn't know about the LOL client.. So that is why the video is important to mention for newbies.

Then when registrating the summoner, the name of the summoner had to be exactly the same name as on the Legea of Legends summoner name as in the client. I thought first it had to be the username on the main Leage of Legends website. So a few obsticals here. I think it is a good thing to mention the instruction video https://www.youtube.com/watch?v=nUdsJx1UbuM more in the communication about Digibyte/Leage of Legends gaming. I had to google for the instruction video and found it on youtube. If i had not done that, i didn't know how to register the summoner name correctly. Also not mentioned in the first post of this ANN and on http://digibytegaming.com/;)

Great stuff by the way  

[24hralttrade]

Miners, https://digibyte-skein.miningpoolhub.com is not running V4.0.0
Please stop mining untill they updated.

We updated now. Sorry for late update.

Thank you for updating!

[bathrobehero]

Different algos seem to have a different block number:

digibyte-skein.miningpoolhub.com (Current: 1434623)
digibyte-groestl.miningpoolhub.com (Current: 1434632)
digibyte-qubit.miningpoolhub.com (Current: 1434616)

Is it normal?

[24hralttrade]

Exchanges running Digibyte-Digispeed 4.0.0


-www.litepaid.com
-www.litebit.eu
-www.Bitrex.com
-www.Poloniex.com
-www.shapeshift.io


Pools running Digibyte-Digispeed 4.0.0

-www.digihash.co
-https://dgbq.suprnova.cc - Qubit & Groestl
-http://infernopool.com/
-http://www.miners-pool.eu/  - Qubit, Groestl and Skein
-http://ispace.co.uk/
-https://theblocksfactory.com/
-https://digibyte-skein.miningpoolhub.com


-This list will get quoted and updated.

[bathrobehero]

Exchanges running Digibyte-Digispeed 4.0.0


-www.litepaid.com
-www.litebit.eu
-www.Bitrex.com
-www.Poloniex.com
-www.shapeshift.io


Pools running Digibyte-Digispeed 4.0.0

-www.digihash.co
-https://dgbq.suprnova.cc - Qubit & Groestl
-http://infernopool.com/
-http://www.miners-pool.eu/  - Qubit, Groestl and Skein
-http://ispace.co.uk/
-https://theblocksfactory.com/
-https://digibyte-skein.miningpoolhub.com


-This list will get quoted and updated.

Suprnova only finding orphans: https://dgbq.suprnova.cc/index.php?page=statistics&action=blocks

[lucazane]

Orphan rate is slowly going down here

[pinkman12345]

Price is being hammered! What's the deal here? If people have spare btc put in some buys please!

[EPLDCC]

Block reward halved or what? Used to be 2157 DGB / block, now 1078 DGB / block. v4.0.0.0

Let's do the math.... 21 Billion DGB in 21 years with 30 second blocks. 15 second blocks means double the amount of coins coming in to circulation unless there is not a %50 reduction. (Release notes)

V4.0 chain is fine. It appears there are a handful of services who did not upgrade. Let's give everyone a few hours to figure it out. All is well, cheers everyone.

How about considering a 50% reduction?  This would lead to alot more investors and greater value to those who have already invested.  Also it would allow the value to be higher on your end rather then going down hill, could you please consider this?

The 21 billion DGB supply is a choice made by the development team.  I stand behind their decisions 100%; I firmly support the supply target.

What you're suggesting is similar to a share repurchase in a publicly traded company.  Yes.  A share repurchase works correctly when the company uses capital to increase value for shareholders.  Put another way, a share repurchase is a good idea if the company determines that spending capital by purchasing shares is a better use of the money than spending capital to increase fundamental value (i.e. by developing new services or expanding into new markets).  I'm happy to acknowledge that DGB would not have to spend existing cash-on-hand to decrease supply.  They could just make the decision to arbitrarily decrease supply (that sounds a lot like market manipulation).  I would suggest that the best use of DGB development is to expand and develop into new markets and services, not to boost the short term price for existing stakeholders.  

In every instance, a share repurchase reduces the current supply of shares - and thus increases the value of existing shares.  Having DigiBytes is not like having shares in a company.  You're just talking about a supply and demand thing.  But, the economic analogy works regardless.

You refer to reducing supply to get more investors.  The problem with your logic is that using a share repurchase to boost EPS (earnings per share) is a bad idea.  It reduces long-term value to temporarily increase short-term value.  Short-term traders are not investors.  All the reduction accomplishes is a short term increase in value that benefits the day traders who sell on the news.

Let's be really clear about who IS an investor and who is NOT an investor.  Investors in DGB are people who spend their time, money, energy, or ideas, to benefit DGB.  People who trade DGB for short-term profit are not investors in DGB.   I know many DGB investors who are also active traders and I'm happy to say that the two are not mutually exclusive.  However, investors are the people who are spreading the word on social media, mining DGB, running nodes to contribute to the network, using DGB for tipping on social media, shopping in the DGB market, earning DGB rewards with DigiByte Gaming, contributing to development, creating opportunities, and use, and adoption.  Those people are the investors.  People who buy a few million DGB to hold and then exchange for a profit are not investing in DGB.   They are just trading DGB.

More important, increasing short-term value per DGB does not - in any way - increase fundamental value of DGB services, use, or adoption.  In fact, it might have the opposite effect in the long term.  Again, put another way, decreasing supply could hurt the people who actually invest in DGB to the benefit of people who are short-term traders.  And, increasing short-term value per DGB does not increase total market value of DGB.  Current traders readjust their price target to reflect the reduced supply but the overall value remains the same (or potentially decreases in the long term).  Reducing supply creates the impression that DGB does not have any other way to innovate or develop the fundamental value of use and services.  Neither of those circumstances are true for DGB.  DGB has a long-term development plan to increase and develop services, products, and use, therefore we have no reason to consider reducing supply for short-term gains at the expense of our long-term goals.  

DGB use, adoption, and services are growing and developing everyday.  Just in the past couple of weeks more than 1000 new people have registered for DGB Gaming.  We're bringing in new people (as in new to digital currencies).  We're extending the services of DigiByteTip; DigiByte Gaming, and the new DGB Market will open up a whole new sector for distributed e-commerce.  These are just the current active projects.  There are a couple of "in-progress" development projects that will extend the services of DGB even further.

I know that many traders look for opportunity to boost their revenues.  I don't have any objection to that pursuit.  People trade to make money.  I hope all of you traders make money.  But, doing so at the cost of value is never a good idea.  I hope all of you traders consider joining the DGB community and investing in the use, adoption, and services.  We have a great community.  We have a strong, professional development team with a long-term vision and the dedication to see it through.  

[carlo_0000]

hum something not right     i have 0 in balance sins last payout yesturday
on https://digibyte-skein.miningpoolhub.com   and Time Since Last Block    20 hours 23 minutes

so what exactly happen?  i sow yesturday difficulty was lot less than average

[24hralttrade]

^^

Miningpoolhub Notice.

Sorry that we were late for Digibyte hardfork. Hardfork happened few hours ago but we didn't know.

We updated the wallet and had to reindex whole digibyte blockchain from scratch to flush many orphaned blocks.

1. We temporarily switched all digibyte mining shares to myriadcoin when digibyte wallet was preparing for reindexing.
So, who were mining digibyte would have got some myriadcoin credited on their balances page.

2. We have treated orphaned blocks as normal confirmed blocks and already credited DGB to your account.
Basically we give you DGB even it was invalid blocks. We're sure that you'd have got more DGB than usual. (Because difficulty was lower)
DGB that is on auto exchange features will be treated as normal coin as well, but it needs time since we have to check and treat them manually.


Currently, all issues are resolved.
Sorry for inconvenience. Thank you for your support.

[MentalCollatz]

Different algos seem to have a different block number:

digibyte-skein.miningpoolhub.com (Current: 1434623)
digibyte-groestl.miningpoolhub.com (Current: 1434632)
digibyte-qubit.miningpoolhub.com (Current: 1434616)

Is it normal?

Something is broken.  And whatever it is is almost certainly responsible for the orphan rates as well.  So far I have managed to confirm that my node is receiving up-to-date blocks, but is missing an old block and therefore can't connect the chain.  It requests the missing block(s) from various peers, but eventually gives up with "Peer is stalling block download, disconnecting".

[b1007]

Price is being hammered! What's the deal here? If people have spare btc put in some buys please!

STOP! hammertime! tududuh duduh duduh   Seriously I would love for DigiByte to drop much further and pick em up. Bitcoin is rising so I guess that's got something to do with it  

[EPLDCC]

I found this coin through the league of legends promotion.  Getting free DBG for playing has now caused me to buy a bunch more as well!

I think this promotion has very good potential, but I think the referral program for it could be improved to really reward people for referring many users.

I think that the current system of getting 5000 free DBG if you refer 3 friends should be changed to add a 10% (or something) payment for all coins earned by your referrals.

This would incentivize 'famous' league of legends players to refer their fanbase, which could result in some massive growth of the userbase.  Imagine if one of the top LoL streamers started promoting digibyte in their stream to tens of thousands of their viewers?  They could probably get thousands of people to sign up.

That's a very good idea.
However we need to be careful to not look like one of those ponzi schemes.
It could be a bad profile aswell

I agree.  I'd be in favor of a payout for every referral.  So, maybe something like 60 or 100 DGB for each referral confirmed as a new member - and a person could make as many referrals as they wanted.  But, I don't think that we should go anywhere near the multi-level-marketing scheme of getting a percentage of your referees' payouts.

Thank you very much for your input. This is a very good idea. We will see what we can do!

If you decided to go that route I'll put up at least 200,000 DGB (through the DigiByte Group) to sponsor referrals.

[bitkapp]

New list of active v4.0 nodes if this helps anyone resolve their issues

['188.165.223.132', '176.31.126.191', '198.27.97.172', '86.235.174.30', '92.129.238.39', '71.198.11.116', '216.250.125.121', '149.202.44.159', '109.190.65.26', '71.125.4.22', '88.198.76.188', '36.83.55.99', '104.131.113.153', '108.61.10.90', '192.52.166.35', '104.131.112.56', '24.28.92.13', '195.154.223.134', '0.0.0.0', '104.236.189.117', '46.246.58.132', '124.155.108.193', '212.251.123.0', '115.70.4.78', '189.174.246.255', '88.127.210.106', '83.83.161.46', '104.34.30.238', '149.210.215.250', '98.115.147.74', '24.115.186.59', '90.224.42.77', '66.228.56.115', '104.131.170.147', '104.236.32.184', '84.127.218.159', '189.226.127.23', '87.98.178.140', '69.164.198.161', '84.90.100.92', '37.187.27.4', '178.33.228.14', '181.39.238.154', '157.161.128.58', '90.255.166.238', '45.79.10.59', '79.70.9.80', '82.232.14.27', '74.216.82.141', '77.58.253.73', '79.20.18.148', '206.225.141.127', '113.254.169.34', '212.129.1.77', '50.46.211.57', '113.254.165.193']

[stef942]

Hi, my DGB wallet (v4.0.0) is stuck at block 1431876 4 hours ago , i have 11 active connections but not scynchronising, what can i do ?

thks for yr help

[ocminer]

I've added new (4.0.1) nodes manually on all suprnova pools now to get the orphan rate down, however my logs are still full of old "misbehaving" versions...

[Bluestreet]

I am going to keep my wallet offline until this is all sorted out.

[lucazane]

I've added new (4.0.1) nodes manually on all suprnova pools now to get the orphan rate down, however my logs are still full of old "misbehaving" versions...

same here