Awesome news article about #DigiByte by cryptocoinnews!
https://www.cryptocoinsnews.com/digibyte-dgb-raises-250000-expands-operations/
Topic: ★★DigiByte|极特币★★[DGB]✔ Core v6.16.5.1 - DigiShield, DigiSpeed, Segwit - page 1148. (Read 3058816 times)
November 30, 2014, 07:55:28 AM
November 30, 2014, 07:47:38 AM
https://www.cryptocoinsnews.com/digibyte-dgb-raises-250000-expands-operations/
The most interesting part of the article...
"Indeed, I think we might have the next Darkcoin on our hands in DigiByte."
The most interesting part of the article...
"Indeed, I think we might have the next Darkcoin on our hands in DigiByte."
Who's saying that? I know it's in the article, but is it just a DGB fanboy or ....
I do think it is just a fanboy... A few grammer and spelling mistakes.
Hsbc thing is just a hype. So dont believe nothing if you did not get it from Jared.
Hsbc is impossible. Actually more than impossible.
November 30, 2014, 07:45:50 AM
Before we publish this to the media & larger crypto community we would like to get the DigiByte communities perspective on this:
With the announcement of our USD $250,000 private investment, we wanted to engage the greater digital currency community with an open letter on where we are heading now that we have the resources to take on some serious opportunities around DigiByte.
In addition, we believe many of our offerings will have strategic benefits for other digital currencies out there, and if we can augment their offerings, we are excited to do so in the name of bringing digital currencies to the next generation of users! With the pioneering spirt of DigiShield and MultiShield, we have already proven this to be true to our fellow coins, and we hope they will sincerely support us as we work towards the development of the DigiByte Ecosystem.
The DigiByte Ecosystem was built upon the notion that digital currency today really moves in only one direction – consumers ultimately get out. If we as users of digital currency actually expect this process to change, we must build businesses and services around our coins that will engage the greater global markets to find utility with digital currency, and result in actual value for these coins. The DigiByte Ecosystem is necessary to make everyone from the miner to the consumer to the merchant to see utility in carrying out transactions in these currencies, to prevent the significant downward pressure that coins like Bitcoin face today.
In order for digital currency to grow and reach this level of utility, it must have inherent benefits for the consumer. Now for this issue, the proponents of digital currency are quick to say, “Why yes, there are many benefits for the consumer!” while in reality the far more analytical and pragmatic members of our global society are scratching their heads, trying to fairly and accurately answer this question.
It is a challenge in today’s world to try to figure out where the consumer will get benefit from digital currency. Before you even get to the issue of the real world transaction (the holy grail of digital currency’s role in the global economy), you have some major issues to tackle:
1. Core Protocol
One area where most of the current digital currency community has error in its focus is in ensuring that there is a Coin core protocol set up to support the need for fast transactions, suitable block rewards, and fairness across the spectrum of mining setups.
DigiByte delivers on all three.
DigiByte Payment Network today recognizes payments between users at lighting fast speeds, including instant notification of payment received and initial confirmation after 30 seconds. This is where consumers and merchants can immediately see great advantage over other currency offerings in the marketplace.
For miners, the opportunity to mine on DigiByte’s five algorithms that utilize a wide variety of computer hardware means everyone now has a chance to get in on the network. Whether utilizing GPU’s, ASICs or CPU, everyone from the casual computer user to the gamer’s rig have the hardware necessary to begin mining DigiByte. As explained in the next section, this is crucial to the security of the DigiByte Network.
2. Mining
The genesis of bringing digital currency into this world, mining by today’s standard is not only something best reserved for those who know how to do it, but in many cases, those who already have the money for the hardware needed. For many digital currencies, including Bitcoin, the miner will need to invest substantial amounts of money to even have a fighting chance to be a part of the opportunity.
For DigiByte, we transitioned to a multi-algorithm mining process to allow an equal playing field for anyone out there who wanted to join, to have a chance to be a part of the network and a take on the profit of mining they would otherwise not be able to see with other coins. This is extremely important, as a decentralized mining structure is crucial to the overall security of the network, and more miners means more decentralization.
Mining is one of the core focuses related to the overall DigiByte Ecosystem we are fostering. In order to greatly ramp up the amount of miners out there and the hardware they can use to be relevant in the market, the DigiByte team believes mining should be as simple as pressing a button and letting your computer begin its work. In order to get one step closer to a real world adoption of digital currency and furthermore DigiByte, this is not a convenience, but a crucial requirement.
3. Digital Currency Trading Platforms
One area where everyone can be in agreement today is that as far as digital currency goes, trading is still a major issue. Although there are many solutions out there today to let you get out of your digital currency holdings, getting into a digital currency position is still a rough process.
Trading platforms are currently utilized to a large extent by the speculators in the market. They have a need for trading platforms to get in and out of the currencies traded, quickly. As time moves on and consumers view digital currency as a stored value and payment method rather than a speculative play, these platforms need to cater to the needs of the buying-in consumer, allowing them to more easily secure digital currency positions and tie these trading accounts to other financial and banking opportunities afforded to real world currency today.
The DigiByte Team is focused on developing and implementing such kinds of services with the vision to establish such kinds of trading, banking and financial opportunities surrounding digital currency. As a means of creating the DigiByte Ecosystem, these developments will prove to be crucial for the non-mining consumer to enter the digital currency market, and leverage this influx of users with the hope of having a significant population of consumers with digital currency in their holdings, which leads to the next section.
4. Digital World Utility
In the digital world, we are borderless. Every day we interact with people from all backgrounds and nations, in search of something much more different than what our real world lives provide. It is about connectivity, teaching, learning, entertainment, creativity and inspiration. Many of us log onto the internet each day, and where it can take us is rarely predictable. We have embraced the internet as our vehicle to the digital world. Then why shouldn’t we consider digital currency as a way for us to pay and support what we believe in and desire in the digital world?
The DigiByte Team is dedicated to creating and collaborating to provide businesses and services built around the digital world. The generation of simply “liking” what others have to say or they provide, or the idea of utilizing high fee alternatives like credit cards to pay for goods and services provided online is quickly coming to an end.
Through social media platforms that range from keeping in contact with your friends, writing on topics that are important to you, messaging the world and letting them know your opinions, or simply watching streaming videos online, digital currency will prove to be a means of letting people know what you think, in a way that users can bank on.
The DigiByte Team is also focused on a key demographic of the digital world, which is the online gaming community. As a large group of the DigiByte Team is in fact online gamers in their spare time (what spare time, we know!), our solutions are also driven towards this very interesting niche market, which in a recent study measured this figure to be at 700 million gamers worldwide! That is astonishing! The DigiByte Team is already developing solutions and opportunities for the gaming community, and we believe that this mega community will be the next generation to bring value to digital currency in the world.
The DigiByte Ecosystem and the Real World Utilization of Digital Currency
Now we enter the final section of this open letter. And what better way to do that then to speak to the holy grail of digital currency:
OK, we don’t have the simple answer now. What we do know is that initiatives like Apple Pay and CurrentC are accomplishing key changes to the consumer’s behaviors and preferences for real-world shopping: moving them away from magnetic strip plastic cards and using their mobile phones to initiate and process payments.
This is extremely important, as the consumer’s transaction behavior is already beginning to change. From the consumer’s perspective, their needs will always remain the same, but their behaviors will change when it comes to available technology. The benefits that the consumer will realize for digital currency will first come from the digital world. With the combination of DigiByte having a recognized stored value, a means for carrying out a transaction and accumulation by the global market, DigiByte then will be very well positioned to take on real-world needs of global commerce channels.
With our vision and strategy in mind, we wanted to leave you with one parting thought on DigiByte, and the future of payments:
DigiByte Ecosystem
With the announcement of our USD $250,000 private investment, we wanted to engage the greater digital currency community with an open letter on where we are heading now that we have the resources to take on some serious opportunities around DigiByte.
In addition, we believe many of our offerings will have strategic benefits for other digital currencies out there, and if we can augment their offerings, we are excited to do so in the name of bringing digital currencies to the next generation of users! With the pioneering spirt of DigiShield and MultiShield, we have already proven this to be true to our fellow coins, and we hope they will sincerely support us as we work towards the development of the DigiByte Ecosystem.
The DigiByte Ecosystem was built upon the notion that digital currency today really moves in only one direction – consumers ultimately get out. If we as users of digital currency actually expect this process to change, we must build businesses and services around our coins that will engage the greater global markets to find utility with digital currency, and result in actual value for these coins. The DigiByte Ecosystem is necessary to make everyone from the miner to the consumer to the merchant to see utility in carrying out transactions in these currencies, to prevent the significant downward pressure that coins like Bitcoin face today.
In order for digital currency to grow and reach this level of utility, it must have inherent benefits for the consumer. Now for this issue, the proponents of digital currency are quick to say, “Why yes, there are many benefits for the consumer!” while in reality the far more analytical and pragmatic members of our global society are scratching their heads, trying to fairly and accurately answer this question.
It is a challenge in today’s world to try to figure out where the consumer will get benefit from digital currency. Before you even get to the issue of the real world transaction (the holy grail of digital currency’s role in the global economy), you have some major issues to tackle:
1. Core Protocol
One area where most of the current digital currency community has error in its focus is in ensuring that there is a Coin core protocol set up to support the need for fast transactions, suitable block rewards, and fairness across the spectrum of mining setups.
DigiByte delivers on all three.
DigiByte Payment Network today recognizes payments between users at lighting fast speeds, including instant notification of payment received and initial confirmation after 30 seconds. This is where consumers and merchants can immediately see great advantage over other currency offerings in the marketplace.
For miners, the opportunity to mine on DigiByte’s five algorithms that utilize a wide variety of computer hardware means everyone now has a chance to get in on the network. Whether utilizing GPU’s, ASICs or CPU, everyone from the casual computer user to the gamer’s rig have the hardware necessary to begin mining DigiByte. As explained in the next section, this is crucial to the security of the DigiByte Network.
2. Mining
The genesis of bringing digital currency into this world, mining by today’s standard is not only something best reserved for those who know how to do it, but in many cases, those who already have the money for the hardware needed. For many digital currencies, including Bitcoin, the miner will need to invest substantial amounts of money to even have a fighting chance to be a part of the opportunity.
For DigiByte, we transitioned to a multi-algorithm mining process to allow an equal playing field for anyone out there who wanted to join, to have a chance to be a part of the network and a take on the profit of mining they would otherwise not be able to see with other coins. This is extremely important, as a decentralized mining structure is crucial to the overall security of the network, and more miners means more decentralization.
Mining is one of the core focuses related to the overall DigiByte Ecosystem we are fostering. In order to greatly ramp up the amount of miners out there and the hardware they can use to be relevant in the market, the DigiByte team believes mining should be as simple as pressing a button and letting your computer begin its work. In order to get one step closer to a real world adoption of digital currency and furthermore DigiByte, this is not a convenience, but a crucial requirement.
3. Digital Currency Trading Platforms
One area where everyone can be in agreement today is that as far as digital currency goes, trading is still a major issue. Although there are many solutions out there today to let you get out of your digital currency holdings, getting into a digital currency position is still a rough process.
Trading platforms are currently utilized to a large extent by the speculators in the market. They have a need for trading platforms to get in and out of the currencies traded, quickly. As time moves on and consumers view digital currency as a stored value and payment method rather than a speculative play, these platforms need to cater to the needs of the buying-in consumer, allowing them to more easily secure digital currency positions and tie these trading accounts to other financial and banking opportunities afforded to real world currency today.
The DigiByte Team is focused on developing and implementing such kinds of services with the vision to establish such kinds of trading, banking and financial opportunities surrounding digital currency. As a means of creating the DigiByte Ecosystem, these developments will prove to be crucial for the non-mining consumer to enter the digital currency market, and leverage this influx of users with the hope of having a significant population of consumers with digital currency in their holdings, which leads to the next section.
4. Digital World Utility
In the digital world, we are borderless. Every day we interact with people from all backgrounds and nations, in search of something much more different than what our real world lives provide. It is about connectivity, teaching, learning, entertainment, creativity and inspiration. Many of us log onto the internet each day, and where it can take us is rarely predictable. We have embraced the internet as our vehicle to the digital world. Then why shouldn’t we consider digital currency as a way for us to pay and support what we believe in and desire in the digital world?
The DigiByte Team is dedicated to creating and collaborating to provide businesses and services built around the digital world. The generation of simply “liking” what others have to say or they provide, or the idea of utilizing high fee alternatives like credit cards to pay for goods and services provided online is quickly coming to an end.
Through social media platforms that range from keeping in contact with your friends, writing on topics that are important to you, messaging the world and letting them know your opinions, or simply watching streaming videos online, digital currency will prove to be a means of letting people know what you think, in a way that users can bank on.
The DigiByte Team is also focused on a key demographic of the digital world, which is the online gaming community. As a large group of the DigiByte Team is in fact online gamers in their spare time (what spare time, we know!), our solutions are also driven towards this very interesting niche market, which in a recent study measured this figure to be at 700 million gamers worldwide! That is astonishing! The DigiByte Team is already developing solutions and opportunities for the gaming community, and we believe that this mega community will be the next generation to bring value to digital currency in the world.
The DigiByte Ecosystem and the Real World Utilization of Digital Currency
Now we enter the final section of this open letter. And what better way to do that then to speak to the holy grail of digital currency:
OK, we don’t have the simple answer now. What we do know is that initiatives like Apple Pay and CurrentC are accomplishing key changes to the consumer’s behaviors and preferences for real-world shopping: moving them away from magnetic strip plastic cards and using their mobile phones to initiate and process payments.
This is extremely important, as the consumer’s transaction behavior is already beginning to change. From the consumer’s perspective, their needs will always remain the same, but their behaviors will change when it comes to available technology. The benefits that the consumer will realize for digital currency will first come from the digital world. With the combination of DigiByte having a recognized stored value, a means for carrying out a transaction and accumulation by the global market, DigiByte then will be very well positioned to take on real-world needs of global commerce channels.
With our vision and strategy in mind, we wanted to leave you with one parting thought on DigiByte, and the future of payments:
“We shall not cease from exploration
And the end of all our exploring
Will be to arrive where we started
And know the place for the first time.”
- T.S. Eliot
And the end of all our exploring
Will be to arrive where we started
And know the place for the first time.”
- T.S. Eliot
November 30, 2014, 06:52:17 AM
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
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. November 30, 2014, 06:49:45 AM
https://www.cryptocoinsnews.com/digibyte-dgb-raises-250000-expands-operations/
The most interesting part of the article...
"Indeed, I think we might have the next Darkcoin on our hands in DigiByte."
The most interesting part of the article...
"Indeed, I think we might have the next Darkcoin on our hands in DigiByte."
Who's saying that? I know it's in the article, but is it just a DGB fanboy or ....
November 30, 2014, 06:36:27 AM
Www.digibyte.co webserver offline?
November 30, 2014, 06:33:30 AM
https://www.cryptocoinsnews.com/digibyte-dgb-raises-250000-expands-operations/
The most interesting part of the article...
"Indeed, I think we might have the next Darkcoin on our hands in DigiByte."
The most interesting part of the article...
"Indeed, I think we might have the next Darkcoin on our hands in DigiByte."
Ty for sharing!!
Looks good
November 30, 2014, 03:02:54 AM
https://www.cryptocoinsnews.com/digibyte-dgb-raises-250000-expands-operations/
The most interesting part of the article...
"Indeed, I think we might have the next Darkcoin on our hands in DigiByte."
The most interesting part of the article...
"Indeed, I think we might have the next Darkcoin on our hands in DigiByte."
November 30, 2014, 02:08:53 AM
I'm in with full power,it is the last week of boarding.
November 29, 2014, 10:40:06 PM
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
YC
I don't know if this is a rumor or true, but is DGB going to be dealing with HSBC?
November 29, 2014, 10:39:13 PM
SuchPotato,
It may also be worthy to start engaging the DOGE community to come mine DGB with the new algo fixes.
YC
It may also be worthy to start engaging the DOGE community to come mine DGB with the new algo fixes.
YC
Having invested way more in dgb than in bitcoin the ~12 satoshi price tag was really a punch in the stomach for me, so I stopped watching for a while (I held on though, good coins always go up at some point after all ), just decided to come in and we're back on track 
Also, I'm starting to open coin specific sections on my blog, mostly for other people's contribution (see https://coinwarp.net/category/dogecoin_corner , I still have to clean some stuff up, but I already contacted a dogecoiner to take it over).
I really want to open a digibyte section, among the first coins' sections, does any of you guys want to help me with its content/management? (if you have the time to manage the section you can choose to keep it clean or place ads and stuff on it if you want, as if it was your blog).
), just decided to come in and we're back on track Also, I'm starting to open coin specific sections on my blog, mostly for other people's contribution (see https://coinwarp.net/category/dogecoin_corner , I still have to clean some stuff up, but I already contacted a dogecoiner to take it over).
I really want to open a digibyte section, among the first coins' sections, does any of you guys want to help me with its content/management? (if you have the time to manage the section you can choose to keep it clean or place ads and stuff on it if you want, as if it was your blog).
November 29, 2014, 10:07:05 PM
I don't know if this is a rumor or true, but is DGB going to be dealing with HSBC?
November 29, 2014, 08:20:04 PM
What is the price of a premium package and what do we get?
http://service.prweb.com/pricing/ here you have everything you need
$369 for premium. Looks good and indeed you will get allot of mainstream attention!
Maybe this is something to consider!?
1btc. I'm in
November 29, 2014, 07:35:20 PM
What is the price of a premium package and what do we get?
http://service.prweb.com/pricing/ here you have everything you need
November 29, 2014, 05:02:36 PM
Having invested way more in dgb than in bitcoin the ~12 satoshi price tag was really a punch in the stomach for me, so I stopped watching for a while (I held on though, good coins always go up at some point after all ), just decided to come in and we're back on track
Also, I'm starting to open coin specific sections on my blog, mostly for other people's contribution (see https://coinwarp.net/category/dogecoin_corner , I still have to clean some stuff up, but I already contacted a dogecoiner to take it over).
I really want to open a digibyte section, among the first coins' sections, does any of you guys want to help me with its content/management? (if you have the time to manage the section you can choose to keep it clean or place ads and stuff on it if you want, as if it was your blog).
), just decided to come in and we're back on track Also, I'm starting to open coin specific sections on my blog, mostly for other people's contribution (see https://coinwarp.net/category/dogecoin_corner , I still have to clean some stuff up, but I already contacted a dogecoiner to take it over).
I really want to open a digibyte section, among the first coins' sections, does any of you guys want to help me with its content/management? (if you have the time to manage the section you can choose to keep it clean or place ads and stuff on it if you want, as if it was your blog).
November 29, 2014, 04:54:48 PM
understood correctly that after 400,000 reward for the block unit becomes less tripled
yes, time to buy Digibyte will easily go above 30 sat after the fork.
November 29, 2014, 04:49:35 PM
Does anybody do any calculations of the new parameters? How much, in total (daily, weekly or monthly), the inflation is reduced comparing with the previous parameters for the next few months? Or is it reduced at all 
? Thanks.
Very detailed up to date accounting of projection and future projections. ? Thanks.http://www.digibyte.co/sites/digibyte.co/files/DigiByte_Production_Projection_v3.0.3_0.xlsx
In short :
- In approximately 11 months of life, miners will have generated a total of 3.10 bilions of DGB (block 400000, 8th december)
- For the first year after this hard fork, 2.03 bilions of DGB will be produced (total after 2 years = 5.34 bilions of DGB)
- For the second year, 1.80 bilions of DGB will be produced (total after 3 years = 6.95 bilions of DGB)
===> in the first 3 years, 1/3 of total DGB will be mined.
====> 7 years and 9 months will be needed to be at 2/3 of total DGB
=====> 21 years to reach the last and final block
For miners who are thinking about how much DGB they will be able to mine with the same hasrate and without taking into account the difficulty (base = 100% = your actual rewards per day):
- December 2014 : 36,08% of your actual rewards
- January 2015 : 35,72% of your actual rewards
- February 2015 : 35,37% of your actual rewards
...
All the parameters aren't taken, but this will give you an idea of what will happen on 8th December 2014 and for the next months.
So for the second year, 1/3 will be less inflated. I think it is good that we are reducing the inflation. If we cannot keep up spreading the newly generated DGBs as the inflation rate comes in, then there will always be sell pressure rather than having great buy walls and price increase. But there we have the Jared and his team along with the Hong Kong office. So from now on, those DGBs may be just enough for the market where the demand for DGB may cause a steep increase in the price?
Thanks for the analysis.
November 29, 2014, 04:42:21 PM
understood correctly that after 400,000 reward for the block unit becomes less tripled
November 29, 2014, 03:51:33 PM
What is the price of a premium package and what do we get?
November 29, 2014, 02:04:20 PM
A few things we should look at:
1.Contact BTC38, BTER and other Asian exchanges to add DGB. Would provide additional exposure and liquidity.
2.Let's retweet the DGB news to Wall Street Journal, TechCrunch and other major news outlets outside of the alt world.
YC
1.Contact BTC38, BTER and other Asian exchanges to add DGB. Would provide additional exposure and liquidity.
2.Let's retweet the DGB news to Wall Street Journal, TechCrunch and other major news outlets outside of the alt world.
YC
perfect case scenario would be to get the premium package on prweb.com and write a nice article on it, that gives it huge exposure.
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