Author

Topic: ★★DigiByte|极特币★★[DGB]✔ Core v6.16.5.1 - DigiShield, DigiSpeed, Segwit - page 356. (Read 3058816 times)

legendary
Activity: 1218
Merit: 1003

This might help those of us "non-experts" clear up some technical questions . . . or at least get started down that road towards objective, non-biased information with which to make informed decisions. Let me know if it helps and what else you have/find. TIA

https://achow101.com/2016/04/Segwit-FUD-Clearup

i think that's helpful. thx.
legendary
Activity: 1218
Merit: 1003
. . . you will currently only lose the deterministic wallet functions by importing a new wallet into the old.

Could you elaborate on that please?

https://bitcoin.org/en/glossary/hd-protocol

What do you mean by importing a new wallet into the old?

import a new core 6.14.2 wallet.dat into the old 4.0.3 core wallet.  

6.14.2 is no longer deterministic?
no 6.14.2 wallet is deterministic but you could take the walet.dat file and import it into the old wallet and that wouldn't be.

if you were to import the old 4.0.3 wallet.dat into the new wallet, HD would be disabled. 
HR
legendary
Activity: 1176
Merit: 1011
Transparency & Integrity
. . . you will currently only lose the deterministic wallet functions by importing a new wallet into the old.

Could you elaborate on that please?

https://bitcoin.org/en/glossary/hd-protocol

What do you mean by importing a new wallet into the old?

import a new core 6.14.2 wallet.dat into the old 4.0.3 core wallet. 

6.14.2 is no longer deterministic?
legendary
Activity: 1218
Merit: 1003
. . . you will currently only lose the deterministic wallet functions by importing a new wallet into the old.

Could you elaborate on that please?

https://bitcoin.org/en/glossary/hd-protocol

What do you mean by importing a new wallet into the old?

import a new core 6.14.2 wallet.dat into the old 4.0.3 core wallet. 
HR
legendary
Activity: 1176
Merit: 1011
Transparency & Integrity

This might help those of us "non-experts" clear up some technical questions . . . or at least get started down that road towards objective, non-biased information with which to make informed decisions. Let me know if it helps and what else you have/find. TIA

https://achow101.com/2016/04/Segwit-FUD-Clearup
HR
legendary
Activity: 1176
Merit: 1011
Transparency & Integrity
. . . you will currently only lose the deterministic wallet functions by importing a new wallet into the old.

Could you elaborate on that please?

https://bitcoin.org/en/glossary/hd-protocol

What do you mean by importing a new wallet into the old?
hero member
Activity: 786
Merit: 1000
pump is over. thanks for playing again.
I don't think so, it's just corrections because of BTC rise (check other alts).
+ coming segwit activation has positive influence on market Wink

and if devs fix those silly small qt deficiencies it will definitely go up much higher lol.
everything should look perfectly right, like new grs, ltc etc ...

many thanks for the 6.14.2




LTC and DGB will see positive gains because of segwit and being on Poloniex , the exchange with the most traded bitcoin. Other coin like grs not on Poloniex will never get anywhere in value.

I was told by insiders with more btc then most of you can dream of that dgb will be going over 100 soon.

Price is the only thing it will help. Arguably, price is all that matters. Segwit's one technical merit of TX malleability will not outweigh the burden of the rest of the technical debt and 30,000+ lines of bullshit code it brings along. Additionally, the fix will be for segwit tx's only, and you can say goodbye to normal tx's when segwit is here.

DGB was once my favorite for its scaling innovations, speed, and lack of politics. Can't wait to dump and be done with this nonsense. Thanks for the heads up. I think it will hit 200+ this time. We will see. Keep me updated.

I know the Gulden lead developer left out segwit on purpose(after the codebase update) as he had some reservations about it, instead they spent the time on revamping the wallet and adding new innovative features. I am sure digibyte has a plan and I am still heavily invested but if bitcoin decide not to go with Segwit and dgb moves onto Segwit , can it be rolled back and only have normal tx's ?

Absolutely not.

From http://www.deadalnix.me/2016/10/17/segwit-is-not-great/ (this is a good read btw)

"Transaction malleability

The primary reason SegWit was created is to solve transaction malleability. Currently, it is possible to modify a transaction in such a way that its id changes, but the transaction remains valid. This is an issue for various reasons that are fairly technical, but it is indeed worth fixing.

To do so, SegWit effectively creates a new transaction format which doesn’t suffer from the problem. However, the constraint is that the new format must fit in the old one. For this reason, anyone can spend transaction are created, and all transaction have an empty signature where none is needed. Overall, this waste space and makes the transaction format bigger and more complex than it needs to be."

Another good read http://www.wallstreettechnologist.com/2016/12/03/core-segwit-you-need-to-read-this/ (live site is currently down) https://archive.fo/ZnPmF

So if DGB decide to move away from segwit, it's game over. I'm sure there will be exploits either way. Good luck.

legendary
Activity: 1218
Merit: 1003
. . . you will currently only lose the deterministic wallet functions by importing a new wallet into the old.

Could you elaborate on that please?

https://bitcoin.org/en/glossary/hd-protocol
hero member
Activity: 637
Merit: 500
pump is over. thanks for playing again.
I don't think so, it's just corrections because of BTC rise (check other alts).
+ coming segwit activation has positive influence on market Wink

and if devs fix those silly small qt deficiencies it will definitely go up much higher lol.
everything should look perfectly right, like new grs, ltc etc ...

many thanks for the 6.14.2




LTC and DGB will see positive gains because of segwit and being on Poloniex , the exchange with the most traded bitcoin. Other coin like grs not on Poloniex will never get anywhere in value.

I was told by insiders with more btc then most of you can dream of that dgb will be going over 100 soon.

Price is the only thing it will help. Arguably, price is all that matters. Segwit's one technical merit of TX malleability will not outweigh the burden of the rest of the technical debt and 30,000+ lines of bullshit code it brings along. Additionally, the fix will be for segwit tx's only, and you can say goodbye to normal tx's when segwit is here.

DGB was once my favorite for its scaling innovations, speed, and lack of politics. Can't wait to dump and be done with this nonsense. Thanks for the heads up. I think it will hit 200+ this time. We will see. Keep me updated.

I know the Gulden lead developer left out segwit on purpose(after the codebase update) as he had some reservations about it, instead they spent the time on revamping the wallet and adding new innovative features. I am sure digibyte has a plan and I am still heavily invested but if bitcoin decide not to go with Segwit and dgb moves onto Segwit , can it be rolled back and only have normal tx's ?
HR
legendary
Activity: 1176
Merit: 1011
Transparency & Integrity
I say that because,the last two times I bought games on steam, it took 34 and 18 hours for Bitcoin to confirm with normal fee.

woah... was it transaction backlog or do Steam also require an inordinate number of confirmations?  Still, even with normal block times they would probably need at least an hour to confirm. DigiByte would get it done within the time it takes to make a coffee & come back to the PC, probably less.
my fee was just not high enough I wasn't included.

Yes, it's a serious issue (that could eventually be crippling) that is well documented.

http://www.google.es/search?q=bitcoin+waiting+for+confirmation&oq=bitcoin+waiting+for+confirmation&gs_l=mobile-heirloom-serp.12...0.0.1.1088.0.0.0.0.0.0.0.0..0.0....0...1c..34.mobile-heirloom-serp..0.15.2599.nkSmKnoZmj4#spf=1

http://www.google.es/search?q=bitcoin+transaction+queue&oq=bitcoin+transaction+queue&gs_l=mobile-heirloom-serp.12...0.0.1.1645.0.0.0.0.0.0.0.0..0.0....0...1c..34.mobile-heirloom-serp..0.16.2203.Oxb5nRiHcEs#spf=1
HR
legendary
Activity: 1176
Merit: 1011
Transparency & Integrity
. . . you will currently only lose the deterministic wallet functions by importing a new wallet into the old.

Could you elaborate on that please?
newbie
Activity: 28
Merit: 0
I say that because,the last two times I bought games on steam, it took 34 and 18 hours for Bitcoin to confirm with normal fee.

woah... was it transaction backlog or do Steam also require an inordinate number of confirmations?  Still, even with normal block times they would probably need at least an hour to confirm. DigiByte would get it done within the time it takes to make a coffee & come back to the PC, probably less.
my fee was just not high enough I wasn't included.
newbie
Activity: 28
Merit: 0
If steam could take DigiByte: there are many players who have gtx 1060.1070 and 1080 cards, mining DigiByte skein a month. and those people  would be able to buy a game. my question is, what would be so stupid about that.
I have bought 35 games on steam from mining.
newbie
Activity: 28
Merit: 0
If steam could take DigiByte: there are many players who have gtx 1060.1070 and 1080 cards, mining DigiByte skein a month. and those people  would be able to buy a game. my question is, what would be so stupid about that.
I have bought 35 games on steam from mining.
Here is a study on bitcoin transaction https://www.cryptocoinsnews.com/43-bitcoin-transactions-not-processed-one-hour-study-says/
newbie
Activity: 28
Merit: 0
If steam could take DigiByte: there are many players who have gtx 1060.1070 and 1080 cards, mining DigiByte skein a month. and those people  would be able to buy a game. my question is, what would be so stupid about that.
I have bought 35 games on steam from mining.
legendary
Activity: 1062
Merit: 1003
I say that because,the last two times I bought games on steam, it took 34 and 18 hours for Bitcoin to confirm with normal fee.

woah... was it transaction backlog or do Steam also require an inordinate number of confirmations?  Still, even with normal block times they would probably need at least an hour to confirm. DigiByte would get it done within the time it takes to make a coffee & come back to the PC, probably less.
newbie
Activity: 28
Merit: 0
I say that because,the last two times I bought games on steam, it took 34 and 18 hours for Bitcoin to confirm with normal fee.
full member
Activity: 154
Merit: 100
I wish steam would use DigiByte instead of Bitcoin.
You are doing a good job.

not really the best of things to wish for is it. you are right though they are doing a real good job and have been for years.
newbie
Activity: 28
Merit: 0
I wish steam would use DigiByte instead of Bitcoin.
You are doing a good job.
legendary
Activity: 1218
Merit: 1003
Everyone is entitled to their opinion but this is not the first time that DigiByte has done something that some people believe won’t work or is unwise from a technical point of view and this probably won’t be the last time either but that’s sometimes the point, to actually test these theories because sometimes they need to be tested.
DigiByte remains backwards compatible and nobody is actually being forced to engage segwit, mining using the old code remains just as productive for finding blocks at this time and you will currently only lose the deterministic wallet functions by importing a new wallet into the old.
I agree, nothing we do should be purely for the market price of DigiByte, if that was our main concern, then almost everything we have done, right from the off, is wrong!
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