Greetings everyone and we want to send you a warm hello at Digital Gem Token.
http://www.digitalgemtoken.com/Our mainnet just went live on 6/2/2019 and right now we have three forging delegates and two more scheduled to join.
Digital Gem's vision is to be a store of value just like Bitcoin but with DPOS (Delegated Proof of Stake). As of right now, Digital Gem Token is faster (8 second block time), more environmentally friendly (Less electricity usage) and more scaleable (higher TPS) than Bitcoin. Also, our inflation rate is 0.25% per year compared to 3% for fiat currencies so relative to fiat currencies, we are a great store of value.
Our inflation rate is not zero because we want to make sure that our delegates are well taken care of. We have a block time of 8 seconds and a 1 Digital Gem block reward every block that will continue forever. We feel that this economics set up will ensure network sustainability in the long run as the delegates maintain the ledger and they won't do it for free as there are hardware costs (hard drive updates, better cpu, etc) and we feel that 1 Digital Gem per block or 0.25% inflation per year, will incentivize delegate nodes to keep maintaining the ledger forever.
Digital Gem's block explorer can be found at
http://www.explorer.digitalgemtoken.com:4200/#/Also, our token is integrated with the Ark Wallet so our network can be found using the Ark Wallet
https://github.com/ArkEcosystem/desktop-wallet/releasesHere are the detailed instructions
https://www.digitalgemtoken.com/wallet-faq but simply put, if you go to manage networks in the Ark Wallet and input our seed server address of
http://138.197.133.81:4003 you can fully connect to Digital Gem.
Digital Gem is more environmentally friendly than Bitcoin because it is based on the Delegated Proof of Stake consensus mechanism rather than Bitcoin's proof of work consensus mechanism so, it uses 1,040.4 / 167,124,241 = 0.0000062253% of the daily electricity usage as Bitcoin.
Since we are based on the Delegated Proof of Stake consensus, we are much more scale able than Bitcoin. Bitcoin can perform around 7 transactions per second whereas Digital Gem can scale up to 100 transactions per second without a problem and that is a conservative estimate.
Also, we have a block time of 8 seconds compared to Bitcoin's 10 minutes. That means transactions are sent in 8 seconds at Digital Gem compared to 10 minutes for Bitcoin.
Digital Gem is open source and our entire source code can be found on github at
https://github.com/digitalgemtokenWe are currently seeking delegates to forge with us. We have three delegates at the moment and two are scheduled to join so there are plenty of room right now for everyone.
We are offering to give 100,000 Digital Gems as appreciation for all those who join us as delegates.
Also, we are offering airdrops to all new users, just make a Digital Gem address, paste it below and 3000 Digital Gems will be airdroped to you to welcome you to our community. Alternatively, you can do the same on our Discord as it is where our community hangs out.
Our goal is to make Digital Gem Token as decentralized as possible so the more people knowing about us, the better.
Our Discord is at:
https://discord.gg/hNcFgb3Our Github is at:
https://github.com/digitalgemtokenOur Twitter is at:
https://twitter.com/digitalgemtokenOur Website is at:
https://www.digitalgemtoken.comOur Block Explorer is at:
http://www.explorer.digitalgemtoken.com:4200/#/Our Reddit is at:
https://www.reddit.com/r/DigitalGemToken/We are listed in the Ark Directory -
https://arkdirectory.com/ecosystem/Feel free to comment and it is great to meet you all =)
** 6/5/2019 - Addressed ICO Ethic's concern - New website is
www.digitalgemtoken.com** 6/9/2019 - Addressed Bitum's concern - New block explorer's url is
http://www.explorer.digitalgemtoken.com:4200/#/** 6/30/2019 - We are now listed in the Ark Directory -
https://arkdirectory.com/ecosystem/
