So what would receiving an award/price for Digusign mean for the value of Digibyte the coin. The two have nothing in common. One ois a way of sending data on the blockchain, the other is a sort of attention token or whatever you want to call it. They pitched Digusign.
Who can tell me where, other than speculation, would the value for DGB come from? Or is DGB just what stock is for normal companies. Cash cow to keep development for blockchain services going?
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Isn't DGB what XRP is for the Ripple Network....--> as in the network/blockchain is handy (the services on top of it), but they coin itself is rather useless. Banks can drop XRP and use the Ripple network as can companies drop DGB and use Digusign...the two are not tied to each other like for example waves on the waves platform
Who can tell me where, other than speculation, would the value for DGB come from? Or is DGB just what stock is for normal companies. Cash cow to keep development for blockchain services going?
?Isn't DGB what XRP is for the Ripple Network....--> as in the network/blockchain is handy (the services on top of it), but they coin itself is rather useless. Banks can drop XRP and use the Ripple network as can companies drop DGB and use Digusign...the two are not tied to each other like for example waves on the waves platform
digusign service is not free, people who use digusign need to pay service 0.5-2 dgb/tx (Depending on the developer policy). when company is using it mean they need to buy digibyte for payment. it is not only company, goverment for ID, healthcare recording, financial service, insurance, real esatates and many others use digusign as smartcontract. can you image how big impact from application digusign in the world for digibytecoin? 21billion coin is not enought to cover this service. we know only one-third of it is on the market, and mostly held by traders
Smart contract use cases in industry and country (remember country)
Ok, thanks for the clarification. But what if the hording of DGB's or the more profitable use of DGB's (in speculation) undermines the service to be sold (Digusign). I mean how can you run a service on a blockchain that is either 1. fueled by a very volatile coin or 2. backed by a coin so valuable in fiat that it would be too expensive to use it for the service it is used for.....
The service would run much smoother with a new private token (not tradable on an exchange) for Digusign users. Token bought @ the company instead of being dependent on a highly speculative coin with potentially a too high value...
Try to understand what is blockchain and what is smart contracts
Your questions will be answered when you understand
I totally understand the blockchain but that understanding does not answer my questions. So please be my guest an educate me a bit more. You seem to have the answers
BTW what is the dgb for play and the dgb to mine ratio. Maybe more cost effective to play instead of to mine
Bump...anyone either answer on first or second question
