Topic: ★★DigiByte|极特币★★[DGB]✔ Core v6.16.5.1 - DigiShield, DigiSpeed, Segwit - page 1362. (Read 3058812 times)

It appears we had a massive momentary spike in hash rate. DigiShield works but with such a large increase it will take time to average out again. Other coins this could take weeks. We are still looking more into it.

Staying in scrypt for the future means directly competing with litecoin and dogecoin for the hashing power from ASICs. This is not a situation DigiByte wants to be from a technical viewpoint.
I guess any merchant will ask first about safety/stability and they need to be 100% sure. Algo change in my opinion seems the right choice.

And please look at the issue with delayed blocks. Confirmations take too long, DGB inflation over the months is not at it should?

Think of GPUs as though they are people. That's your user base. The argument behind ASIC resistant is not to fight efficiency, rather it is to support a widely distributed user base. Everyone has a computer (well, not everyone, but you get the idea) and they are multitasking (that's why "everyone" has one). ASICs are specialized, and, by definition, your average man on the street will never have one (they can't do other practical things that the average man wants), and that means that you say goodbye to universal adoption, as in KYSGB.

Efficiency is good, but not at the cost of your widely distributed user base, that is if you want to survive.

Why do you think so much emphasis is being given to CPU mining by those energy efficient algos out there? Would it be that they're looking to be even more inclusive still?

And the anonymity bit, I mean, get off it. That will never fly long term. What regulator is going to allow that? And why wouldn't you want your name stamped on your money anyway? It's mine, and I want it to say so - especially if it's robbed so I can get it back (but that's another issue, for another day - we've got to take baby steps, one at a time   ).

From day one we have not deleted a single post nor will we. The initial post someone made was taking data from a pool not the block chain. We are booting up a laptop to look at the blockchain.  Not sure why you are trolling so hard. We are doing are best to make something happen for DigiByte here. And we are well on are way to making that happen right now. Will reply shortly with more blockchain info.

It blows my mind that you continue to insist upon saying the same thing in the face of the facts, and those facts come from your own blockchain posted on your own web. http://explorer.cryptopoolmining.com/chain/DigiByte The numbers are the numbers, and the math is the math, but to insist on the same lame response is nothing short of idiotic. Block discovery is WAY OFF from what it should be, and that's based on very elementary comparative calculations using the DGB blockchain data, time, and coin specs.


I'm really starting to wonder about you.


Think about it this way: I’ve got a relatively new apartment building whose construction was faulty and now has a leaky roof and cracking walls and I’m telling you that it can easily be converted into a luxury hotel. Are you selling that? That's what it's increasingly looking like.

In the crypto biz, if you don’t have a widely distributed user base, you ain’t got diddly squat, and anything else you want to talk about is pie in the sky (i.e. a sham).

But let’s say, for argument’s sake, that there is someone who either dearly needs a huge tax write-off or has his/her head up you know what, and you get the money from those supposed investors. What do think we should really expect from people who don’t know how to make their coin work correctly, much less keep their website up-to-date?

When Daddy Warbucks runs out of pump money, look out below (IMVHO).

So far today, there has been an approximate $124,000 of USD equivalent volume on MintPal and $40,000 on Cryptsy and it's showing all the signs of a parabolic pattern with a volume spike that’s more often than not associated with a blow off top. The pattern is currently in a “second/last chance to sell phase”. The pattern targets well below 30, and quickly. However, that’s not to say that is a guaranteed outcome. There’s still a chance, however small it might be, that DGB could just as quickly run to 400 turning that volume spike into one of the most powerful breakout patterns imaginable, eventually targeting 2000 satoshi within a month. That's what Daddy Warbucks is hoping for, but he's going to need a lot of suckers (again IMVHO). That’s the technical side of things.

Everyone must make their own decision, regarding both the technicals AND the fundamentals.

BTW, the only thing I will commend you on is leaving my posts intact and allowing plurality of opinion so people can inform themselves as best they can and then make the best decision they can on their own and for themselves.

What's up with the blockchain? Blocks are coming out like an hour or more apart it seems.

We are working on multiple fronts right now. The Crypto mining community is tiny compared to the potential consumer base we could be looking at here. The point is we are working to gain very serious attention for DigiByte on multiple fronts. We want mining to be fair. But if we gain merchants on a larger scale than Bitcoin and especially litecoin an algo change may not be possible or necessary. But as of right now it is still the plan.

Do I really need to explain this?  Some people live in idealistic world or have no imagination I guess.

DigiByte is no bitcoin/litecoin not to fear a threat from ASICs...

So many people don't understand this, it blows my mind. Gpus can only go so far, even with x11/qrk and the like.

Why on EARTH would you WANT to be 'SAFE' from asics? They ensure network stability with HUGE hash.. are you on drugs?

At this moment the coin is not safe against ASICs and even without them. Implementing new algo will take months.
Managers of those retail stores must be asking the question- is it safe and reliable? In those aspects DigiByte cannot compare to bitcoin...

What do you think drives adoption? There is not a block discovery issue. You are only pulling data from one mining pool.

1000+ physical retail stores?

Many people have said this before on this thread: with what? With a $583,662 market cap? (Based on theoretical coin supply and not the real coin supply after factoring in the block discovery issue.) http://coinmarketcap.com/ Who's going to fund those purchases and with what?  And that's not to mention a totally erratic confirm that can last up to more than an hour. Does that sound like something read to go primetime?

Give me a break. Got to get the coin right first.

Please tell us if the deal went through like you wanted it The whole community (and beyond) is holding it's breath.

Wow, great news.
I predict to see the value grow to 150 the next 48hours if you can make the deal .

   
   

Really? 13 MH? 

 

Thats impressive, when's the franchise model being rolled out?  Digibyte coming to city near you soon  sign me up!

Holy Moly! This is a game changer.