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

[24hralttrade]

Dragnar,

We would be very happy to answer any questions or concerns you may have. We have been working very hard now for a year now and we are very excited for where things are going.

Running my own investigations atm ( 250k capital injection < sounds fishy ) but who knows

Tofugear Limited registered in 2010 now looking into what they did in the past 5 yr,s and how they would gain the capital to just hand out 250k ( currently i traced it back to roughly  8 months ago not 5 yr,s )

questions i wont have ( i do my own research )

Thank you for your response!

First off, you are correct, TofuGear was registered in 2010, however the 250k is not coming from them. They are a strategic partner with mutual connections & interests.

The investment itself comes from a private angel investor & silent partner with global retail ties who does not wish to be disclosed at this time.

We have been working very hard traveling from LA, to NYC & Hong Kong mostly on our own dime to make this happen over the previous 8 months.

As stated since day one we are in this for the long haul and we are very committed to the long term success of DigiByte! We are very excited for the future of digital currencies. We feel 2015 is going to be a huge years for all of us.

Thanks again!

Maybe some readers missing this

[Moxymore]

And generally, it is written with a very clear language, however, some parts may be simplified (intermediate levels?) for everybody to understand.
Also maybe we may ask others to translate it into Chinese, for example ?

Great letter!

Totally agree with what halinyo said. A good example is my personnal one : english is a foreign language for me (and for a lot of other peoples who follow Digibyte). For my personnal case, and with my intermediate speaking/understanding, I needed to read a second time some part of the "Digibyte ecosystem wishes" in order to be sure to understand well what you mean (it's totally my fault ofc, I have to improve myself in this language^^).

But if you want more followers, you need probably (especially in the early stage) to be clear enough for everyone. I'm not telling you that you need to speak to the community like if we were all 8 years old kids, but maybe write an intermediate level of this letter and in which there will be a link at the end for people who want to know more specific details.

By this way, you'll probably gain more readability... and then more followers who will be able to spread the word about the Digibyte project.

[24hralttrade]

Looks like www.litebit.eu/coin/dgb/en/ is gone?

Every coin is 0 available.

[Gunther]

Jared, just another question:

I assume you're more focussing on the Chinese market than US/rest of the world? I still have my doubts about real life adoption of altcoins next to Bitcoin. How do you see that?

We know BTC is too slow for fast and small transaction, but they probably don't know that.

[HR]

Looks like www.litebit.eu/coin/dgb/en/ is gone?

Every coin is 0 available.

I've seen that happen on weekends before, and then sometime on Monday available balances start showing again. I can't say for sure what the cause might be, but it's probably something like a database glitch, or whatever that doesn't balance, and then there's likely an automatic overthrow to zero, just to be safe. Just speculating on the cause and possible mechanisms, but the issue of going to zero and then "coming back to life" is something I've seen more than once.

Nothing to worry about.

[RJF]

May I ask you, how did you pull this off man?

This has been in the works since June, with the connections made at the NYC convention in April. These kinds of things take time to put into motion in the real world. The good news is within the past 11 months we have amassed a world wide collection of not only digital curreny connections but real world industry & trade professionals.

The truth is this only the beginning. We have much more we are working on and will continue to work hard on. We will reveal new things at the appropriate time. We do not want to tip off our competitors before hand othereise we would love to share everything in detail right now. Also, we are still under NDA's with various companies until the right time arrives and we are ready.

As stated since day one we are in this for the long haul! 2015 will see the rise of DigiByte to the top!

Nice work, very nice work indeed... Been with you since the beginning and still mining, can't say that for most of the other coins I invested in!

[RJF]

I don't know if this is a rumor or true, but is DGB going to be dealing with HSBC?

If so, it would be massive news as HSBC is a huge global bank. If we can implement DGB in their current ecosystem, look for mainstream adoption to take a boost.

YC

Hmmm... nothing official about this, so if I was you, I'll be careful The reality is that actually banks are fighting against BTC and co. They bet in fiat currency for the future and see the cryptoworld like a danger.

Some are, some are not. The smart ones have seen the handwriting on the wall. Remember, "Keep your friends close and your enemies closer". Trust is not a concept bankers are familiar with but, profit is.

[theking7426]

Hey guys I have been looking and looking, maybe I am blind but where can I find a large hi resolution Digibyte is accepted here logo.
I have a small page that houses different accepted logos for different currencies and without digibyte the list is definitely missing something

Here is the page, and if you know where I can find a good image let me know.

http://betaits.com/other/digital-alternate-currency-high-res-logos

[DigiByte]

Jared, just another question:

I assume you're more focussing on the Chinese market than US/rest of the world? I still have my doubts about real life adoption of altcoins next to Bitcoin. How do you see that?

We know BTC is too slow for fast and small transaction, but they probably don't know that.

We are focusing everywhere. We feel it is best to approach as many people as possible in as many different countries as possible.

As for real life adoption, every one we talk to proposes the same chicken & the egg dogma. People on both sides want this technology to happen, but no one really seems to know how to make it happen.

Merchants & Retailers: "Why should we accept a digtal currency if not many people use it?"

Users: "Why should we use digital currency if no one in the real world accepts it?"

DigiByte Solution: Allow users, merchants & retailers to use digital currency and meet in the digital world first as a stepping stone to the real world.

We see things happening in slow progressive steps. Real world adoption is going to happen as a series of micro steps, not overnight and it is going to take some time.

Look at how facebook has changed marketing over the past decade? It didn't happen overnight but it brought both consumers & merchants together in the digital world.

Our aim is to augment the existing financial system and be a bridge and first step into the realm of digital currencies by offering both digital & real world solutions that play by the rules. This is why we will not be implementing completely anonymous transactions any time soon. This does not mean we oppose the idea, but we just see it making real world adoption much more difficult in the current regulatory environment.

When we attended the NYC Digital Currency event for bankers in July it became obvious the most attractive thing they saw in a digital currency was the ability to track all transactions though a block chain. It is this aspect of blockchain technology bankers are eager to adopt in order to reduce their overhead and to ease their KYC/AML reporting requirements.

Any cryptocurrency fully implementing transaction mixers, or anonymous transactions will undoubtedly bring down the regulatory wrath of most authorities worldwide.

As we stated above we are not opposed to the idea of completely anonymous transactions, but why shoot ourselves in the foot when regulators, bankers and more are now opening up to real the potential the blockchain offers. We are seeking the path of least resistance.

[DigiByte]

Hey guys I have been looking and looking, maybe I am blind but where can I find a large hi resolution Digibyte is accepted here logo.
I have a small page that houses different accepted logos for different currencies and without digibyte the list is definitely missing something

Here is the page, and if you know where I can find a good image let me know.

http://betaits.com/other/digital-alternate-currency-high-res-logos

Please checkout the logo inside our media kit located here: http://www.digibyte.co/sites/digibyte.co/files/DigiByte_Media_Kit.pdf

We will get more logos uploaded soon as well! Thank you!

[theking7426]

Hey guys I have been looking and looking, maybe I am blind but where can I find a large hi resolution Digibyte is accepted here logo.
I have a small page that houses different accepted logos for different currencies and without digibyte the list is definitely missing something

Here is the page, and if you know where I can find a good image let me know.

http://betaits.com/other/digital-alternate-currency-high-res-logos

Please checkout the logo inside our media kit located here: http://www.digibyte.co/sites/digibyte.co/files/DigiByte_Media_Kit.pdf

We will get more logos uploaded soon as well! Thank you!

https://i.imgur.com/vq1cdsw.png

https://i.imgur.com/7mUJFz5.png

https://i.imgur.com/cMLxSc5.png

Thank you so I did just have to look around a bit harder.
I will get it posted up as soon as possible

[DigiByte]

Hey guys I have been looking and looking, maybe I am blind but where can I find a large hi resolution Digibyte is accepted here logo.
I have a small page that houses different accepted logos for different currencies and without digibyte the list is definitely missing something

Here is the page, and if you know where I can find a good image let me know.

http://betaits.com/other/digital-alternate-currency-high-res-logos

Please checkout the logo inside our media kit located here: http://www.digibyte.co/sites/digibyte.co/files/DigiByte_Media_Kit.pdf

We will get more logos uploaded soon as well! Thank you!

Thank you so I did just have to look around a bit harder.
I will get it posted up as soon as possible

Na, we just barely got them up. Thank you!

[Gunther]

Man, I never wanted a paper wallet more than now.

[HR]

Our aim is to augment the existing financial system and be a bridge and first step into the realm of digital currencies by offering both digital & real world solutions that play by the rules.

When it comes to people's hard earned money, that's the only option they will accept. Money has very clearly defined rules that have always been with us, continue to be with us, and will always be with us. There's no getting around that very basic fact. People want safety and guarantees when it comes to storing their wealth. They want to get their money back when they need it (and hopefully with some modest return on their investment). The rest of the crypto world seems to be missing that very critical point.

BTW, your use of "digital" instead of "crypto", or "alt" has been lost on me for some time now - hereafter I'm not going to use the words crypto or alt again. Digital currency is the correct lingo for the serious digital currencies like DigiByte!

[Moxymore]

BTW, your use of "digital" instead of "crypto", or "alt" has been lost on me for some time now - hereafter I'm not going to use the words crypto or alt again. Digital currency is the correct lingo for the serious digital currencies like DigiByte!

You have right... and I'll now use the term of Digital currency from now when I'll speak about Digibyte

[EDIT] @Digibyte : just try to look at my PM... what I am speaking about is probably possible and will help you in one crucial point you mentionned in your letter.

[tyson187]

are there any plans in the near future about price fixing of digibyte

I would hate it if I buy some intel cpu for a million digibyte but the very next day I could have bought it for 700K

that is the biggest problem with any cryptocurrency , the value of any coin is uncertain

[esotericizm]

Man, I never wanted a paper wallet more than now.

Does DGB not have a paper wallet/brainwallet? Guess thats my next project.

 If anyone can mock up a design I can put it into action. My graphic design skillz suck.

[deemington]

Any cryptocurrency fully implementing transaction mixers, or anonymous transactions will undoubtedly bring down the regulatory wrath of most authorities worldwide.

As we stated above we are not opposed to the idea of completely anonymous transactions, but why shoot ourselves in the foot when regulators, bankers and more are now opening up to real the potential the blockchain offers. We are seeking the path of least resistance.

That is absolutely the correct stance to take. Let all current anon coins go down that route and they might be successful to a point but will never be 'mainstream'. Thinking about what bankers and regulators will be looking for is a very smart strategy going forward.

[djnocide]

Any cryptocurrency fully implementing transaction mixers, or anonymous transactions will undoubtedly bring down the regulatory wrath of most authorities worldwide.

As we stated above we are not opposed to the idea of completely anonymous transactions, but why shoot ourselves in the foot when regulators, bankers and more are now opening up to real the potential the blockchain offers. We are seeking the path of least resistance.

That is absolutely the correct stance to take. Let all current anon coins go down that route and they might be successful to a point but will never be 'mainstream'. Thinking about what bankers and regulators will be looking for is a very smart strategy going forward.

Anon might have some uses but a coin which seriously want to go mainstream can't have that features right now. Maybe in the future when digital currency will be widly accepted but right now, people don't know what it is.

[thefrog]

are there any plans in the near future about price fixing of digibyte

I would hate it if I buy some intel cpu for a million digibyte but the very next day I could have bought it for 700K

that is the biggest problem with any cryptocurrency , the value of any coin is uncertain

.. As is with any other good or currency.
Look at Gold price, for example, went from 1800 to 1100.
It's unregulated market, no central authority, no regulation by anyone. Just pure demand/supply based on utility and/or psychological reasons.