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

[tdcooper99]

If anyone wants to join my p2pool, feel free to contact me, we got 50-60 of latency in all Europe.

Thanks...  but I'm pinging around 35ms with my current one. I'm in London, connecting to Amsterdam.  I'm considering starting my own when I get some time to play...  might be helpful for any Digi-fans in the UK.

[tdcooper99]

BTW...  been trying for at least an hour now to get a live version of Coinmarket up...  anyone else having issues? I'm getting the Cloudflare message up at the top of my page.

[Gazza1]

BTW...  been trying for at least an hour now to get a live version of Coinmarket up...  anyone else having issues? I'm getting the Cloudflare message up at the top of my page.

same issue, it's pissin me off

[tdcooper99]

BTW...  been trying for at least an hour now to get a live version of Coinmarket up...  anyone else having issues? I'm getting the Cloudflare message up at the top of my page.

same issue, it's pissin me off

Tell me about it...  looking to buy some more on the cheap... !

[hashmen]

fuk this price crash just sux, I did believed this coin and didn't sold my stash when it was 450 satoshi,cos I knew it would reach over 1k satoshi,not sure about that now  

[drebkk]

anyone knows whats going on with smalltimeminer??

[The_Cashier]

fuk this price crash just sux, I did believed this coin and didn't sold my stash when it was 450 satoshi,cos I knew it would reach over 1k satoshi,not sure about that now  

Don't panic, wait for update, miner will come back price will go up, too easy for multipool right now. Update will fix that. HOLD YOUR DGB

[tdcooper99]

I'm holding on...  for dear life... 

[The_Cashier]

anyone knows whats going on with smalltimeminer??

Still on a normal pool, you should go for p2pool. If you stay on a normal pool, this is not the last issue you will have ^^.

[HollowStorm]

For those who wish to know about p2pools: http://whatisp2pool.com/

edit: For those looking to make their own p2pool: http://redd.it/1xw61x

[DigiByte]

Hmm, I tried to contact the DigiByte devs on adding our P2Pool nodes but haven't received an answer yet :/ Anybody having the same problem?

We apologize for this, please post which ones you would like added here and we will get them up right away.

[DigiByte]

If you implement automatic wallet update can you promise to never turn evil? at least who whoever does the programming for the update? because I would hate to wake up one day and find out the latest implemented update had xxx problem because  [insert name] updated the wallet with a bug/worm which allowed him to do this or that

We will NOT be implementing an auto update feature for this very reason.

[DigiByte]

Update will be released around 7PM UTC time this Friday. (2PM Eastern / 11AM Pacific)
Here is what we would like to accomplish with the upcoming update:

1) Change block difficulty re-target to 1 minute to resist multi-pool mining & dumps to help steadily build the price.
2) Add transaction message support.
3) Update to latest version of Bitcoin/Litecoin client.
4) Reduce the block reward by 0.5% every 7 days starting at 8000 DGB.

Gravity Well vs Re-Target
From our research we can not see what if any advantage the gravity well would offer over simply changing the re-target time to 1 minute. In fact, the gravity well would actually allow for more coins to be mined for a few minutes after a dramatic instant hash increase when compared to changing the difficulty re-target to 1 minute. The gravity well implementation would complicate things for us and cause issues with our Android wallet. Since both achieve the same desired result (ending multi-pool driven hash swings & coin dumps). We would like to travel down the path of least resistance.

Built in Wallet Update Feature
Xploited had the best answer to this. Isn't the point of a crypto currency to avoid centralization? By implementing a single location that all wallets can update from we are also implementing a single point of failure to the network that could potentially be taken over by an attacker who could cripple the network. We want to make sure DigiByte will remain strong and resilient to attacks.

Block Reward Increase
The idea of producing most of the coins right away and entering the deflation stage as soon as possible is very interesting to think about. However, at this point we feel there are several reasons why we should not go this route. Had we talked about this before we launched it might be a different story, but not now that we are way beyond launch.

It would be very unethical and unprofessional of us to increase the block reward. This would cause an immediate decrease in price and as such it would be very discourteous to current investors. Some of which have invested several thousand dollars worth of Bitcoin into DigiByte.

Another reason for not mining all the coins right away is mining itself. Mining keeps a coins network strong. In order to keep miners mining, they need coins to mine. Just look at Quark, many miners have jumped ship and the threat of a 51% attack from bot nets continues to increase. Miners should and do deserve to be incentived well into the future.

Block Reward Decrease
We are not looking to do anything dramatic here. Instead we are looking for a solution that will benefit everyone. Miners, current investors and future investors.

We will reduce the block reward by 0.5% every 7 days.  This gives DigiByte over 20 years of profitable mining. A nice half percent decrease is much easier for people to calculate and for us to market. Reductions will occur on Fridays to give a slight psychological boost going into weekend trading.

Examples: Two Fridays from now the first reduction will occur. It will go from 8000 DGB to 7960DGB
Week: 1 Reward: 7960
Week: 2 Reward: 7920.2
Week: 3 Reward: 7880.599
Week: 4 Reward: 7841.196005

[HollowStorm]

What about inflationary Block Rewards of 160 DigiBytes after Week 781 (After 15 Years)?
What do you think about that?

edit: constant 160 DGB Block rewards to replace lost coins after 15 years?

[bittick]

you need to announce a 1M bounty to be added to cryptsy. I wonder how long it would take then...

[AtlantisPlatform]

you need to announce a 1M bounty to be added to cryptsy. I wonder how long it would take then...

cryptsy will only make the price go lower than it is.

[Spoetnik]

well i appreciate you having some balls and replying to me (even if your name might mean your a girl lol)
in all honesty i would have probably been nicer had i thought you would actually take the time to reply back Ahahaa
Look around this forum section is full of shadowy anon cowards that pull dumb stunts and hide and ignore etc

- If this is not your first coin you need to be honest and up front about what other coins and forum account you have used.
- If you use a pre-mine it has to be reasonably small and it should have some sort of ledger etc.
- If you make a coin it should offer something new.. it does not need to me a risky experimental change
i could think of endless things off the top of my head with no effort what so ever.. so having a clone is bad and there is no excuse for it.
further more your road map of goals mentions nothing useful.. such as improving the coin itself.. and no the other ones are not "good enough".
copying something and saying what i copied is good enough is a pretty weak reason to do it lol
Want some ideas for coin improvements ? how about working on the Windows QT etc ? why not add auto-updating or at least notifications ?
Should i go on ? i could for days on end.. quite simply its crystal clear no one is looking at improving anything.. it's a copy and paste job.. like 90% of them all.
And your a "professional" who came along and seen this coin spamming going on and figured you could do better ?
although i am not sure i buy it.. you may be just a front pitch man/women as many other coins have.. or the coin was paid for and cloned by request etc

Although i give ya an edge on most of these scam coins at least your still trying to move forward since release day and ya your changes sound reasonable.
At least it *looks like your trying to make a currency and not just some half ass attempt at a scammy joke ponzi scheme to pump and dump.

So your handling things pretty good and your coin does not look that bad and i don't have too much to bitch about lol
If you being honest.. if you are i want to make sure i support people *trying

I have 8500 coins from mining for 24 hrs and i am just going to leave them in my wallet and i don't know if i will try mining again either
for me i am finding a ton of coins including this one is making me the same amount of money :/

Rather than wishing "you get hit by a bus" i will say "good luck with your coin"

[torchwood-uk]

you need to announce a 1M bounty to be added to cryptsy. I wonder how long it would take then...

Good idea  might tempt BigVern.

[torchwood-uk]

What kind of specs would a server need to run a p2pool say with a couple of hundred users?

[ltcjunky43]

well i appreciate you having some balls and replying to me (even if your name might mean your a girl lol)
in all honesty i would have probably been nicer had i thought you would actually take the time to reply back Ahahaa
Look around this forum section is full of shadowy anon cowards that pull dumb stunts and hide and ignore etc

- If this is not your first coin you need to be honest and up front about what other coins and forum account you have used.
- If you use a pre-mine it has to be reasonably small and it should have some sort of ledger etc.
- If you make a coin it should offer something new.. it does not need to me a risky experimental change
i could think of endless things off the top of my head with no effort what so ever.. so having a clone is bad and there is no excuse for it.
further more your road map of goals mentions nothing useful.. such as improving the coin itself.. and no the other ones are not "good enough".
copying something and saying what i copied is good enough is a pretty weak reason to do it lol
Want some ideas for coin improvements ? how about working on the Windows QT etc ? why not add auto-updating or at least notifications ?
Should i go on ? i could for days on end.. quite simply its crystal clear no one is looking at improving anything.. it's a copy and paste job.. like 90% of them all.
And your a "professional" who came along and seen this coin spamming going on and figured you could do better ?
although i am not sure i buy it.. you may be just a front pitch man/women as many other coins have.. or the coin was paid for and cloned by request etc

Although i give ya an edge on most of these scam coins at least your still trying to move forward since release day and ya your changes sound reasonable.
At least it *looks like your trying to make a currency and not just some half ass attempt at a scammy joke ponzi scheme to pump and dump.

So your handling things pretty good and your coin does not look that bad and i don't have too much to bitch about lol
If you being honest.. if you are i want to make sure i support people *trying

I have 8500 coins from mining for 24 hrs and i am just going to leave them in my wallet and i don't know if i will try mining again either
for me i am finding a ton of coins including this one is making me the same amount of money :/

Rather than wishing "you get hit by a bus" i will say "good luck with your coin"

TROLL, TROLL, GO AWAY!
GO SIT UNDER A BRIDGE TODAY!