I feel DigiByte has the very real potential to become a billion dollar world-wide payment network in the next 12 months. There are some very talented people that have come into and continue to join the DigiByte community. As we have mentioned time and time again, we as a development team are committed to the long term future and success of DigiByte.
I as founder am now focusing 110% of my time, energy and assets to help DigiByte grow. As such, I would like to release my identity and my LinkedIn profile to everyone to show I am in this for the long haul. This is the one and only coin I am behind or working on. Please feel free to connect with me on LinkedIn/ social media and let me know of any thoughts / ideas you have to make DigiByte better!
Thanks again!
- Jared Tate
LinkedIn: http://www.linkedin.com/pub/jared-tate/90/9aa/257
look what happends with Mintcoin last days, 400% increase because PoS time is coming in 2 weeks.
+1 for PoS
PoS is great for coins with low productions, but since Digibyte will have 18 billion coin in 19 years and take into consideration bitcoin standard will change to mBTC , it won't be a good idea.
Please explain PoS and PoW for a newbi
Proof of Work actualy need a hardware to mint the coins in the network, thats what we do right now, we try to catch a hash with our GPU's and send this proof of work to meet requirements and Mint the block to ourselfs.
Proof of Stake gives you a percentage of total coin by the ammount you have into your wallet, dont need any hardware to mint the coin, it's free energy! dont need GPU's or any kind of hardware!
Ok So how do you get your fist coin?
I recon just the ppl with large amount of coins will vote yes for this, we that just started with crypto's will just sit and watch the rich get richer, not having BTC to buy more to get more. In the long run you will have a few ppl with all the wealth and the rest must scamble for crumbs?