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

[500crypto]

Well, Jared has written so often that "great things are around the corner for DGB". But when will we see something of this great things?
Of course we can't expect everything to happen within 4 weeks, but we are waiting for months now and other coin devs get their job done in far shorter timeframes.

Greetings Everyone,

We wanted to give everyone an update as we can see people are getting restless and the trolls are now coming out from under the bridge. We have a lot of stuff happening in the background right now & we are working very hard to get some major things rolling to take DigiByte to the next level.

We have been working on the multi-algo mining pool as well as putting finishing touches on the multi-algo update. We also have started work on the trading platform. Over the course of the last two weeks we have had several high level meetings and have been completely swamped while traveling as well as trying to do development work.

Our trip to Hong Kong for Inside Bitcoins and our journey into mainland China went very well for DigiByte. We have made friendships & partnerships to help give DigiByte a strategic global advantage over most other coins that will be leveraged in the near future.

At this point there has only been two of us that have been able to work full time on DigiByte. Others on the team have helped when they can.
Meeting with investors, merchants and others all the while trying to roll out a big update as well as maintaining a solid social media presences is a lot for two people to take on. Especially while traveling in a foreign country like China. We have since been actively going outside of the crypto world to recruit other developers, marketing professionals etc to help us out and we invite other developers and people to come on board if you believe in what we are trying to accomplish.

We have also been instructed by our main DigiPay investors to not divulge to much information until we are absolutely ready to roll. We don't want to let our competitors know exactly what we are up to right now. Plus we have signed an NDA. Things in the professional business world don't happen over night.

We agree we need to get things done as fast as possible right now and things are moving very fast in the crypto world. But we feel as long as we keep working hard toward our original goal of becoming a worldwide payment system for micro transactions we will achieve long term success.

As stated many times before we are in this for the long haul. We are now back home and getting back in the routine swing of things so our number one priority is to get the multi-algo update out and to make sure it works. We have tested it quite a few times but we wanted to organize a large scale test though a multi-algo mining pool. We want to make sure we have mining infrastructure in places when we roll out the update.

Thanks for your patience and support! Stay tuned for more updates over the next few days and lets take DigiByte to the moon!

Thanks for the update Jared!

[,./,./]

Vote for DigiByte to get listed on a new exchange! Vote for DGB @ HitBTC
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you/we can vote every day 1 one time!


thanks jared for the update!

[Ryven Cedrylle]

Has anyone discovered any new interesting mining algorithms or coin disbursement methods? We just discovered POD (Proof of Dividend) and the RAMHOG algo.

Proof of Dividend? Hunh. My google-fu is failing me. Anyone know what this is about?

[DubFX]

Vote for DigiByte to get listed on a new exchange! Vote for DGB @ HitBTC
https://hitbtc.com/vote

you/we can vote every day 1 one time!


thanks jared for the update!

Voted 250->251

[RJF]

Well, Jared has written so often that "great things are around the corner for DGB". But when will we see something of this great things?
Of course we can't expect everything to happen within 4 weeks, but we are waiting for months now and other coin devs get their job done in far shorter timeframes.

Greetings Everyone,

We wanted to give everyone an update...

Sounds good, thank you. That's just what we needed...

[haggis]

Well, Jared has written so often that "great things are around the corner for DGB". But when will we see something of this great things?
Of course we can't expect everything to happen within 4 weeks, but we are waiting for months now and other coin devs get their job done in far shorter timeframes.

Greetings Everyone,

We wanted to give everyone an update...

Sounds good, thank you. That's just what we needed...

I'm not sure about this. Yes, it's good to hear something from the dev and he well explained why it all takes its time (so much work!) but at the end we still have no ETA for anything  

[DubFX]

Well, Jared has written so often that "great things are around the corner for DGB". But when will we see something of this great things?
Of course we can't expect everything to happen within 4 weeks, but we are waiting for months now and other coin devs get their job done in far shorter timeframes.

Greetings Everyone,

We wanted to give everyone an update...

Sounds good, thank you. That's just what we needed...

I'm not sure about this. Yes, it's good to hear something from the dev and he well explained why it all takes its time (so much work!) but at the end we still have not ETA for anything 

They still aren't sure wich algo(s) would be best and are trying to choose the best opinion so just give them some time i'm sure that when they will know the ETAs then we will know them ASAP too.

[ycagel]

Looks like DGB is up 21%!

YC

[DigiByte]

For those who have asked us why we wont implement "dark" completely anonymous transactions into DigiByte, please look here:

http://www.coindesk.com/isis-bitcoin-donations-fund-jihadist-movements/

This will be why governments put the hammer down on coins like Darkcoin etc.

[Ryven Cedrylle]

For those who have asked us why we wont implement "dark" completely anonymous transactions into DigiByte, please look here:

http://www.coindesk.com/isis-bitcoin-donations-fund-jihadist-movements/

This will be why governments put the hammer down on coins like Darkcoin etc.

I don't even think you need that much explanation. Other coins already do it, we don't need to. End of discussion. Altcoins are (at least in my estimation) going to be like tools in a toolbox. Yes most of them will fail, but there will be enough survivors to make things interesting. A couple coins will get in on being fast and cheap to transfer, a couple will get in on being exceptionally price-stable, a couple will have really good anon features, etc, etc. Pick the coin you need for the job you have. DGB is not an anonycoin. Not a problem.

[CryptoLTD]

For those who have asked us why we wont implement "dark" completely anonymous transactions into DigiByte, please look here:

http://www.coindesk.com/isis-bitcoin-donations-fund-jihadist-movements/

This will be why governments put the hammer down on coins like Darkcoin etc.

Thank you for sticking to your 'guns' on this one, there's no need for another implementation of 'those services'. You have a goal, and plan, build it & they will come.

[iikun]

For those who have asked us why we wont implement "dark" completely anonymous transactions into DigiByte, please look here:

http://www.coindesk.com/isis-bitcoin-donations-fund-jihadist-movements/

This will be why governments put the hammer down on coins like Darkcoin etc.

Thank you for sticking to your 'guns' on this one, there's no need for another implementation of 'those services'. You have a goal, and plan, build it & they will come.

To be fair they could just as easy use BTC or Digibyte. There's no way that I know of to reasonably go straight from dark to usd so they only made one step of the transaction anonymous. Also, I believe anonymous Dark transactions have a very low limit on them?

[Kayahoga]

I certainly agree that the total anonymous features should be avoided but has there been consideration to something like Stealth Addresses from vertcoin? 

Here is a video they are currently working on explaining stealth addresses

https://www.youtube.com/watch?v=dAUV5FvceM4&feature=youtu.be


I know there is a lot on the plate for the Digibyte developers but given the business oriented goals for digibyte it seems that stealth addresses would be incredibly useful for merchants.

 

[CryptoLTD]

Stealth addresses only have one purpose and that ISNT for for people that are on the up & up & do business in accordance with the law.

[munky87]

FRENCH P2POOL NODE

LIMP2POOL.FR:9022

Based in Strasbourg (France)
DDoS resistant
Up 24h/24h
No registration needed

[DigiByte]

For those who have been concerned about some of the issues with DigiShield we wanted to re-post what we just posted in the Nautilus forum:

Current Difficulty   2130  

That will take some time to find the next block, or some multipool needs to hit it.

Mining diff up to 2840. I really hope that proof of stake bug gets fixed really soon. My earlier statement looks potentially accurate, this keeps up with as long as blocks are taking to be solved, at the point of that bug being fixed "the next block" after review and fixing could really be the fork block.

Why is the difficulty going up? It should drop off when things like this happens, as that's the whole point of Digishield  

It's been well established that Digishield is a bit buggy. But ultimately since Proof of Stake is just around the corner, Digishield fixing isn't as much a priority. However, I'm sure other coins that decide to make use of it will have the issue resolved.

DigiShield by itself is fine, especially with the amplitude DigiFilter applied. DigiShield + 0.9.1 Bitcoin core update + Scrypt ASICs is the problem. We are updating this in the next DigiByte update when we switch to multi-algo mining.

Bitcoin is actually having some issues as well since the 0.9.1 protocol update that no one is talking about and the Bitcoin core dev team is ignoring when you ask them.

Look at this chart to see the average Bitcoin block time is now around 8 Min instead of 10 Min since the 0.9.1 core update on April 8th: https://blockchain.info/charts/avg-confirmation-time

We are experiencing the same issue as NAUT. We are the only coins with 0.9.1 + DigiShield. We live and we learn, & we should of tested it better and it goes to show we cant rely on the Bitcoin core dev team to be perfect. The 0.9.1 core update was not around when we initially developed DigiShield.

Good news is much fewer coins are in circulation for the short term. DigiShield still prevents multi-pool attacks & too many coins being produced to quickly, but a bit sluggishly at the moment. We are very much looking toward the future success of both coins and we cant wait to see POS implemented for NAUT. Cheers!

[ycagel]

Jared,
Glad to see the updates and hard work and dedication behind the scenes. At what point does an algorithm change occur? I know you have gone though various testing stages. If testing on the multi pool has or will be done, is the next step rolling out to existing pools or? Just trying to wrap my mind around this.

Thanks in advance.

YC

For those who have been concerned about some of the issues with DigiShield we wanted to re-post what we just posted in the Nautilus forum:

Current Difficulty   2130  

That will take some time to find the next block, or some multipool needs to hit it.

Mining diff up to 2840. I really hope that proof of stake bug gets fixed really soon. My earlier statement looks potentially accurate, this keeps up with as long as blocks are taking to be solved, at the point of that bug being fixed "the next block" after review and fixing could really be the fork block.

Why is the difficulty going up? It should drop off when things like this happens, as that's the whole point of Digishield  

It's been well established that Digishield is a bit buggy. But ultimately since Proof of Stake is just around the corner, Digishield fixing isn't as much a priority. However, I'm sure other coins that decide to make use of it will have the issue resolved.

DigiShield by itself is fine, especially with the amplitude DigiFilter applied. DigiShield + 0.9.1 Bitcoin core update + Scrypt ASICs is the problem. We are updating this in the next DigiByte update when we switch to multi-algo mining.

Bitcoin is actually having some issues as well since the 0.9.1 protocol update that no one is talking about and the Bitcoin core dev team is ignoring when you ask them.

Look at this chart to see the average Bitcoin block time is now around 8 Min instead of 10 Min since the 0.9.1 core update on April 8th: https://blockchain.info/charts/avg-confirmation-time

We are experiencing the same issue as NAUT. We are the only coins with 0.9.1 + DigiShield. We live and we learn, & we should of tested it better and it goes to show we cant rely on the Bitcoin core dev team to be perfect. The 0.9.1 core update was not around when we initially developed DigiShield.

Good news is much fewer coins are in circulation for the short term. DigiShield still prevents multi-pool attacks & too many coins being produced to quickly, but a bit sluggishly at the moment. We are very much looking toward the future success of both coins and we cant wait to see POS implemented for NAUT. Cheers!

[Ryven Cedrylle]

Stealth addresses only have one purpose and that ISNT for for people that are on the up & up & do business in accordance with the law.

eh.. kinda? I mean, you can't overlook the sea of law-abiding folks who are just really freaked out about the uptick in government surveillance (or perhaps better stated, the increase in public awareness of government surveillance) and for quite valid reasons.  I think it's unfair to lump folks with a sensible degree of paranoia (perhaps vigilance) in with the folks looking for hitmen. Also, what if I want to buy my wife a surprise birthday present without her knowing whom I sent money to? There's a place for legitimate anonymous business (garage/yard sales as another example) that isn't criminal.

[tdcooper99]

I think it's unfair to lump folks with a sensible degree of paranoia (perhaps vigilance) in with the folks looking for hitmen.

Absolutely 110% agree!

[the_game1224]

I think it's unfair to lump folks with a sensible degree of paranoia (perhaps vigilance) in with the folks looking for hitmen.

Absolutely 110% agree!

Same here.  Not saying Digibyte needs to implement any sort of anon features (you don't) but to imply anyone who uses it is using it for "malice & evil" is a little ridiculous.