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

[mintzone]

So just to clarify, we would like to reduce the block reward 0.5% every week (ever 7 days or 10107 blocks). We would start this at the current 8000 DGB block reward 1 week after updating the DGB wallet.

This will benefit everyone as DigiBytes will become hard to to mine each and every week.

I like the idea.

You're not the only one who likes it.

[DigiByte]

So just to clarify, we would like to reduce the block reward 0.5% every week (ever 7 days or 10107 blocks). We would start this at the current 8000 DGB block reward 1 week after updating the DGB wallet.

This will benefit everyone as DigiBytes will become hard to to mine each and every week.

I like the idea.

What is your DGB address? You are the luck one that made the 1st post on page #300!

[ChasingTheDream]

So just to clarify, we would like to reduce the block reward 0.5% every week (ever 7 days or 10107 blocks). We would start this at the current 8000 DGB block reward 1 week after updating the DGB wallet.

This will benefit everyone as DigiBytes will become hard to to mine each and every week.

I like the idea.

What is your DGB address? You are the luck one that made the 1st post on page #300!

Woot!  D7wHGbksgLwWVDnQFtwVEk3ph2B9qVdbCM  

Thanks!

[Gazza1]

So just to clarify, we would like to reduce the block reward 0.5% every week (ever 7 days or 10107 blocks). We would start this at the current 8000 DGB block reward 1 week after updating the DGB wallet.

This will benefit everyone as DigiBytes will become hard to to mine each and every week.

I think this is a great idea!   Very smooth way of going about it too.

[ChasingTheDream]

So just to clarify, we would like to reduce the block reward 0.5% every week (ever 7 days or 10107 blocks). We would start this at the current 8000 DGB block reward 1 week after updating the DGB wallet.

This will benefit everyone as DigiBytes will become hard to to mine each and every week.

I like the idea.

What is your DGB address? You are the luck one that made the 1st post on page #300!

Got it!  Thanks again!

[DigiByte]

Make sure to follow DigiByte on Twitter and like us on Facebook!

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[HollowStorm]

What if we were to remove the total coin cap and allow subsequent blocks after the 20/19.5th year point to give 160 coins per block as an inflationary/replace-lostcoins/stablising reward??
if not 160, maybe 80 coins per block after that point?

This is just to counter the deflationary model that the majority of cryptocoins out there have. Its got more advantages than disadvantages i believe..

Or should this idea only be considered after significantly growing?

[mintzone]

What if we were to remove the total coin cap and allow subsequent blocks after the 20/19.5th year point to give 160 coins per block as an inflationary/replace-lostcoins/stablising reward??
if not 160, maybe 80 coins per block after that point?

This is just to counter the deflationary model that the majority of cryptocoins out there have. Its got more advantages than disadvantages i believe..

Or should this idea only be considered after significantly growing?

DigiByte is supposed to be the currency for merchants and transactions, right?
I think treating it like a currency, and replacing lost dgb or adding more as the market needs them makes sense.
This isn't gold or silver, this isn't Bitcoin or Litecoin.

[sammy007]

Reduce reward, coinwarz killing this coin.

[creativecuriosity]

What if we were to remove the total coin cap and allow subsequent blocks after the 20/19.5th year point to give 160 coins per block as an inflationary/replace-lostcoins/stablising reward??
if not 160, maybe 80 coins per block after that point?

This is just to counter the deflationary model that the majority of cryptocoins out there have. Its got more advantages than disadvantages i believe..

Or should this idea only be considered after significantly growing?

DigiByte is supposed to be the currency for merchants and transactions, right?
I think treating it like a currency, and replacing lost dgb or adding more as the market needs them makes sense.
This isn't gold or silver, this isn't Bitcoin or Litecoin.

A reasonably economically sound idea.  One of the redeeming values of the otherwise silly Proof-Of-Stake coins.

A currency (read not commodity) should be flexible and inflationary; but only inflationary EXACTLY to the degree to which the market (read population) grows and the currency is taken out, or lost from, circulation.

[creativecuriosity]

Reduce reward, coinwarz killing this coin.

Update is on the way from the Devs.  The path has been charted, Sammy.  I don't agree 100%, but the block reward will indeed be reduced, by about half over the same time period if my math serves me.

[MMos]

So I just sold everything and have 0.16BTC left to buy DGB with, what price should I be setting the buy order in for?

[Bluestreet]

You guys have 2 issues.

1. mBTC is going to become the standard soon.
2. Dropping to 80 coins per block is going to be worse then coins with a 5% premine. You will have a 100 users with millions of coins and the rest will be beggars.

[incorrect]

Reduce reward, coinwarz killing this coin.

No need to be so negative. I believe I've asked you about this before and a few others agreed. The way I see it this is it shows a lot about the community and devs if it can still succeed after a few rough times.

[HollowStorm]

You guys have 2 issues.

1. mBTC is going to become the standard soon.
2. Dropping to 80 coins per block is going to be worse then coins with a 5% premine. You will have a 100 users with millions of coins and the rest will be beggars.

You missed the point.

We are talking about removing the Total coin cap, and having 160 or 80 coins per block after the 19-to-20-years-mined point.

[JUmpy14]

8h for one block and not discovery
DGB at 0.0000060

i m afraid 

[HollowStorm]

8h for one block and not discovery
DGB at 0.0000060

i m afraid  

If you're in a p2pool. You have to mine for the first 12 hours without expecting any block rewards. and only after that, you get paid for ALL your pending shares.

This is an anti pool-hopping mechanism in p2pools!

So, keep that miner up to get paid!

[Spoetnik]

You guys have 2 issues.

1. mBTC is going to become the standard soon.
2. Dropping to 80 coins per block is going to be worse then coins with a 5% premine. You will have a 100 users with millions of coins and the rest will be beggars.

ya that would be unbelievably stupid !

and i have some in my wallet so i would do well but i say hell no don't do that it's wrong and you know it.

want to move forward first off prove your whole entire premine has been disposed of, other wise this is scammy bullshit.

and right now the coin is no more profitable to mine than say Franko another scrypt coin that has been out waaay longer
so why you guys think the reward should be chopped from 8500 or what ever to 80 is insane.
if your going to change a coin so drastically and maybe fuck it up just make a new god damn coin jeez..

how many other coins have you released ? do you even know what the fuck your doing ?
if so what ones ? so we can see who the hell we're dealing with here..

[HollowStorm]

You guys have 2 issues.

1. mBTC is going to become the standard soon.
2. Dropping to 80 coins per block is going to be worse then coins with a 5% premine. You will have a 100 users with millions of coins and the rest will be beggars.

ya that would be unbelievably stupid !

and i have some in my wallet so i would do well but i say hell no don't do that it's wrong and you know it.

want to move forward first off prove your whole entire premine has been disposed of, other wise this is scammy bullshit.

and right now the coin is no more profitable to mine than say Franko another scrypt coin that has been out waaay longer
so why you guys think the reward should be chopped from 8500 or what ever to 80 is insane.

how many other coins have you released ? do you even know what the fuck your doing ?
if so what ones ? so we can see who the hell we're dealing with here..

ARE YOU F***** STUPID!!?

Did you even READ the WHOLE thing!!!?

We were discussing whether we should do this after 19 F**** YEARS!!
AFTER the block reward has SIGNIFICANTLY REDUCED..!

What if we were to remove the total coin cap and allow subsequent blocks after the 20/19.5th year point to give 160 coins per block as an inflationary/replace-lostcoins/stablising reward??
if not 160, maybe 80 coins per block after that point?

This is just to counter the deflationary model that the majority of cryptocoins out there have. Its got more advantages than disadvantages i believe..

Or should this idea only be considered after significantly growing?

[Spoetnik]

and your premine plus having PROFESSIONAL in the title in bold letters seems a bit dumb / contradictory.

get rid of it or have your rep tarnished for ever.

and assfucker.. changing the reward is all i need to hear.
why ask me if i am dumb either ?
sure.. why not.. i'm dumb ..what now ?

this coin is a useless pile of premined bullshit.. a clone that offers nothing.. the title makes me rofl hard

Clone Litecoin Github repo change name and icon create forum topic call it professional and upload..
ya uhh did i miss anything ?