Topic: ★★DigiByte|极特币★★[DGB]✔ Core v6.16.5.1 - DigiShield, DigiSpeed, Segwit - page 1541. (Read 3058803 times)
February 18, 2014, 02:01:44 AM
So I just sold everything and have 0.16BTC left to buy DGB with, what price should I be setting the buy order in for?
February 18, 2014, 01:07:21 AM
Reduce reward, coinwarz killing this coin.
Update is on the way from the Devs. The path has been charted, Sammy. I don't agree 100%, but the block reward will indeed be reduced, by about half over the same time period if my math serves me.
February 18, 2014, 01:05:27 AM
What if we were to remove the total coin cap and allow subsequent blocks after the 20/19.5th year point to give 160 coins per block as an inflationary/replace-lostcoins/stablising reward??
if not 160, maybe 80 coins per block after that point?
This is just to counter the deflationary model that the majority of cryptocoins out there have. Its got more advantages than disadvantages i believe..
Or should this idea only be considered after significantly growing?
if not 160, maybe 80 coins per block after that point?
This is just to counter the deflationary model that the majority of cryptocoins out there have. Its got more advantages than disadvantages i believe..
Or should this idea only be considered after significantly growing?
DigiByte is supposed to be the currency for merchants and transactions, right?
I think treating it like a currency, and replacing lost dgb or adding more as the market needs them makes sense.
This isn't gold or silver, this isn't Bitcoin or Litecoin.
A reasonably economically sound idea. One of the redeeming values of the otherwise silly Proof-Of-Stake coins.
A currency (read not commodity) should be flexible and inflationary; but only inflationary EXACTLY to the degree to which the market (read population) grows and the currency is taken out, or lost from, circulation.
February 18, 2014, 01:03:27 AM
Reduce reward, coinwarz killing this coin.
February 18, 2014, 01:01:39 AM
What if we were to remove the total coin cap and allow subsequent blocks after the 20/19.5th year point to give 160 coins per block as an inflationary/replace-lostcoins/stablising reward??
if not 160, maybe 80 coins per block after that point?
This is just to counter the deflationary model that the majority of cryptocoins out there have. Its got more advantages than disadvantages i believe..
Or should this idea only be considered after significantly growing?
if not 160, maybe 80 coins per block after that point?
This is just to counter the deflationary model that the majority of cryptocoins out there have. Its got more advantages than disadvantages i believe..
Or should this idea only be considered after significantly growing?
DigiByte is supposed to be the currency for merchants and transactions, right?
I think treating it like a currency, and replacing lost dgb or adding more as the market needs them makes sense.
This isn't gold or silver, this isn't Bitcoin or Litecoin.
February 18, 2014, 12:58:31 AM
What if we were to remove the total coin cap and allow subsequent blocks after the 20/19.5th year point to give 160 coins per block as an inflationary/replace-lostcoins/stablising reward??
if not 160, maybe 80 coins per block after that point?
This is just to counter the deflationary model that the majority of cryptocoins out there have. Its got more advantages than disadvantages i believe..
Or should this idea only be considered after significantly growing?
if not 160, maybe 80 coins per block after that point?
This is just to counter the deflationary model that the majority of cryptocoins out there have. Its got more advantages than disadvantages i believe..
Or should this idea only be considered after significantly growing?
February 18, 2014, 12:38:02 AM
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Twitter: https://twitter.com/DigiByteCoin
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Twitter: https://twitter.com/DigiByteCoin
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February 17, 2014, 11:39:35 PM
So just to clarify, we would like to reduce the block reward 0.5% every week (ever 7 days or 10107 blocks). We would start this at the current 8000 DGB block reward 1 week after updating the DGB wallet.
This will benefit everyone as DigiBytes will become hard to to mine each and every week.
This will benefit everyone as DigiBytes will become hard to to mine each and every week.
I like the idea.
Got it! Thanks again!
February 17, 2014, 11:31:34 PM
So just to clarify, we would like to reduce the block reward 0.5% every week (ever 7 days or 10107 blocks). We would start this at the current 8000 DGB block reward 1 week after updating the DGB wallet.
This will benefit everyone as DigiBytes will become hard to to mine each and every week.
This will benefit everyone as DigiBytes will become hard to to mine each and every week.
I think this is a great idea!
Very smooth way of going about it too. February 17, 2014, 11:27:20 PM
So just to clarify, we would like to reduce the block reward 0.5% every week (ever 7 days or 10107 blocks). We would start this at the current 8000 DGB block reward 1 week after updating the DGB wallet.
This will benefit everyone as DigiBytes will become hard to to mine each and every week.
This will benefit everyone as DigiBytes will become hard to to mine each and every week.
I like the idea.
Woot! D7wHGbksgLwWVDnQFtwVEk3ph2B9qVdbCM
Thanks!
February 17, 2014, 11:24:14 PM
So just to clarify, we would like to reduce the block reward 0.5% every week (ever 7 days or 10107 blocks). We would start this at the current 8000 DGB block reward 1 week after updating the DGB wallet.
This will benefit everyone as DigiBytes will become hard to to mine each and every week.
This will benefit everyone as DigiBytes will become hard to to mine each and every week.
I like the idea.
February 17, 2014, 11:16:45 PM
So just to clarify, we would like to reduce the block reward 0.5% every week (ever 7 days or 10107 blocks). We would start this at the current 8000 DGB block reward 1 week after updating the DGB wallet.
This will benefit everyone as DigiBytes will become hard to to mine each and every week.
This will benefit everyone as DigiBytes will become hard to to mine each and every week.
I like the idea.
You're not the only one who likes it.
February 17, 2014, 11:13:28 PM
So just to clarify, we would like to reduce the block reward 0.5% every week (ever 7 days or 10107 blocks). We would start this at the current 8000 DGB block reward 1 week after updating the DGB wallet.
This will benefit everyone as DigiBytes will become hard to to mine each and every week.
This will benefit everyone as DigiBytes will become hard to to mine each and every week.
I like the idea.
February 17, 2014, 11:12:04 PM
We are having a discussion on IRC about the block reward and DigiByte updates if anyone would like to join in! http://webchat.freenode.net/?channels=#digibytecoin
February 17, 2014, 10:58:46 PM
So just to clarify, we would like to reduce the block reward 0.5% every week (ever 7 days or 10107 blocks). We would start this at the current 8000 DGB block reward 1 week after updating the DGB wallet.
This will benefit everyone as DigiBytes will become hard to to mine each and every week.
This will benefit everyone as DigiBytes will become hard to to mine each and every week.
February 17, 2014, 10:33:10 PM
After running through several equations with the options we listed it appears that a block reward reduction of about 0.5% every week is the sweet spot. Actual numbers varied from .3% - .5%. We think 0.5% will be much easier to explain to people for marketing purposes.
0.4 % is about 20 years time.
This is a 26% reduction every year.
0.4 % is about 20 years time.
This is a 26% reduction every year.
February 17, 2014, 09:54:35 PM
Yes, everyone would benefit here. This would lead to a slow gradual rise as DigiBytes would become just a little bit harder to come by each week. We are just working on the optimum weekly percentage decrease calculations.
This sounds very interesting and exciting.
February 17, 2014, 09:46:24 PM
Quote
Reduce the block reward by a certain percentage each week for either; 10, 15, or 20 years
This is not faire for who want to mine DGB now... The oringinal is good enough.
Quote
Then 8,000 DGB Per Block, Reward Halves Every 2 Years
And one more question: The Network Hashrate is : 1,949.19 MH/s . I count all pool hashrate from the pools published on http://www.digibyte.co/, and the result is ~600 MH/s.
So my question is: Is there any private pool which has big Hashrate? And the private pool's hashrate is over 51%.....
We are not aware of any private pools that have that much hash mining DGB. It is most likely a multi-pool.
February 17, 2014, 09:41:39 PM
Quote
Reduce the block reward by a certain percentage each week for either; 10, 15, or 20 years
This is not faire for who want to mine DGB now... The oringinal is good enough.
Quote
Then 8,000 DGB Per Block, Reward Halves Every 2 Years
The price would increase to compliment the decreased rewards. Profits would be the same for miners, the positive is that current holders which include everyone here would benefit more from an immediate increase in market price.
Yes, everyone would benefit here. This would lead to a slow gradual rise as DigiBytes would become just a little bit harder to come by each week. We are just working on the optimum weekly percentage decrease calculations.
February 17, 2014, 09:37:06 PM
Quote
Reduce the block reward by a certain percentage each week for either; 10, 15, or 20 years
This is not faire for who want to mine DGB now... The oringinal is good enough.
Quote
Then 8,000 DGB Per Block, Reward Halves Every 2 Years
The price would increase to compliment the decreased rewards. Profits would be the same for miners, the positive is that current holders which include everyone here would benefit more from an immediate increase in market price.
Very interesting thoughts Devs! I am curious to see what everyone has to say.
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