Topic: [DGCS] Digital Credits : PoW/PoS/PoB : 4 pools : C-CEX/YoBit/BTCPool (Read 11540 times)

Yes, BARR has reduced the coins in circulation for 5 different coins already.

And yes, it is nice technology.  We have accomplished things because we put time, effort, money, and thought into our plans.

DGCS has failed to reduce any coins because there was no work or thought put into it.  It tried to be a copy of BARR, but it didn't copy the right things.  Its complete failure is the natural result of how DGCS was made.

So barr is able to stop staking of the burned coin? Nice technology, really...

So DGCS has increased the supply of SPACE instead of decreasing it.

There are more Spacecoins in circulation than before the "burn" started.  DGCS has achieved nothing.



Are there any plans to change the ineffectiveness of what you're doing?

Try a hard refresh next time. Or clear your cache. They have been updated a lot of things over the last few days. Sometimes things get stuck.


Next burn has been announced, see the burn thread here: https://bitcointalksearch.org/topic/digital-credits-proof-of-burn-discussion-thread-burns-canceled-do-to-attacks-1254272

I guess the next burn coin will be announced any time now I would have thought

Got it working. Don't know where the problem was... Tried it again 3 or 4 times...

Guess it was on my side

Somehow at me the login worked some hours ago... you tried sending a pm to the Btcpool admin? I know they have a bitcointalk account so maybe they know that sometimes there is a similar problem

I
Fucking
Can't
Login
Again
On
Btcpool
 

Right here: https://bitcointalksearch.org/topic/digital-credits-proof-of-burn-discussion-thread-burns-canceled-do-to-attacks-1254272

Good and I'm keeping my fingers crossed I have a bag full of them lol

Any by the way where is the burn thread ?

Cheers
Crunck

Glad it's working now. Anytime that happens just wait a few hours, they are always upgrading stuff to make the exchange better.


i will be releasing the information tomorrow in the burn thread.

You should be getting 5.00000500 per hour

Still holding my DGCS, outta the SPACE game & waiting for the next burn? 



Intrinstin -

Any info you can share with us regarding what's next?  How can I prepare for the next burn, besides staking away like I'm doing now 

In Yobit i am getting 5 coins per hour, well i think it is a interesting project perhaps no for be watched like investing but there are some community around it, lets see what happen

I'm now getting the startpage. Clicking on login gets me to the screen in screenshot with same behavior than some hours ago.
Edit: when i now click a direct link, for example dgcs/space, it works...

399,000 have been mined, and 500 times that many were premined (200 Million).  

The premine address moved all 200 Million coins to another address, which is now called the "burn fund", named after the BARR burn fund but without actually being a burn fund.

There was supposed to be a limit of 2.6 Million DGCS per year distributed from the "burn fund", which means the 200 Million premine would last 76 years.  But over twice that many coins were sent from the "burn fund" before any coins were ever burned.

1 Million DGCS were given to the Yobit exchange and then distributed off-blockchain, supposedly all through a faucet, but with no proof of who received the coins.  

5 Million DGCS were given to the BTCPool exchange for the first month's burn, to be distributed off-blockchain in exchange for depositing Spacecoins, without requiring any coins to be burned.  BTCPool Exchange ended up sending back 4 Million to the "burn fund", leaving 198 Million in the dev's wallet.



The original coin specs stated 1 Billion coins premined, with 500 coins per PoW block, with 60-second block times, and a block halving every 45 months.

Then the specs were changed to a premine of 200 Million with block rewards of 50 coins, halving every 6 million blocks.

Then the specs were changed to 250 Million premine, with block rewards halving every 14 years.

Then it was changed to 5 Million premine, with block halvings every 19 years.

Then the block time was going to be 2 minutes, and 500 coins per block, halving every 4 years, and 1 Billion premine.

There were some other changes, but for now the premine is 200 Million and the current code has no block reward reduction, ever.  But it's still a new coin, so anything is possible with future updates.

Hi
yes we are updating the servers code all the time
im rebuilding / publishing the next update now
this should fix the login issue that some users are having.

thanks
Paul

The correct value of total coins out in circulation is on Coinmarket cap. The total coins in existence shows on the block explorer. If you look at the rich list you will see that must of the supply is held up in our Burn Fund. When we release funds from that wallet for burns it will be updated on coinmarket cap within 30 days. The figure is adjusted at the end of each burn.
 

The site is under going updates but should be working fine now. Are you still having issues logging in?

I do not see anything that looks like login, only signup.
I get referred to https://btcpool.exchange/Account/Login?ReturnUrl=%2f everytime

Added to my bookmarks

this one?
https://btcpool.exchange/

once i had to click on "login" tab on a welcome screen again to continue

i tried again now and have no problems to log in.

maybe there was a maintenance of some sort.