Topic: ★★DigiByte|极特币★★[DGB]✔ Core v6.16.5.1 - DigiShield, DigiSpeed, Segwit - page 656. (Read 3058816 times)

 

Release Notes:
* Changes occur @ block 1,430,000
* 15 Second Blocks
* Scalability to match Visa TPS by 2021 & continued scaling through 2035 (See scalability projections here)
* Minimum TX & Relay Fee set to 1 DGB to prevent attacks
* MultiAlgo Difficulty adjustment code changed to make 51% attack much, much harder (See commit explanation)
* Transaction propagation changes based upon Microsoft research (Microsoft Research)
* Reward adjusted to accommodate faster blocks, still stays the same (21 billion DGB in 21 years)
* OP_RETURN data increased to 80 bytes to allow embedding more data (like document hashes)
* Safe mode warning error fixed
* Check point added
* Private key compatibility issue fixed ( addresses from the DGB paper wallet address generator now work properly)

After much testing we are ready to get 4.0.0 into the wild! Please help spread the word and help get all mining pools & exchanges to update. As soon as an exchange or pool has updated please notify us and we will update our main list!

https://theblocksfactory.com/ deamon is 4.0.0. since yesterday. For the 5 algos.
Also mentioned in page 1 in this thread (DigiSpeed).

Isn't is supposed to be 1,430,000?

Is there no proofreading? Formatting mistakes like this should NEVER happen.

This looks very unprofessional.

Don't reply to me and say "Calm down bogglor, it's just a typo" - I don't want to seem like I'm nitpicking every little thing, but if you want people to take DGB seriously there should never be *any* grammar/format/typo mistakes in announcements.

You *should* care about transaction fees. It has nothing at all to do with P&D.

Think of how a credit card works. You go buy something and use your CC, the retailer has to pay a fee to process that transaction. And, unless they are charging different prices for cash and credit items, they are absorbing that fee to make a sale to you.

The way DGB works now if you handle your wallet correctly using coin control to send payments, you will never pay transaction fees to use DGB.

With mandatory transaction fees, the consumer will be charged any time they want to use DGB to pay for something.

Hypothetically - what if DGB hit it's target of $1 per DGB. Would you want to pay an extra $1 fee any time you buy something? What happens then? People would never use DGB for small priced items. It wouldn't be worth it. How would you fix that - another update to the wallet to lower transaction fees? What happens if/when DGB goes mainstream and millions of people have DGB wallets, and it's decided to push out an update that requires millions of people to update their wallet (hard fork), do you honestly think that's going to happen?

Really worth trying to sell in the 40's to get lucky and catch a spike in the 30's if on the off chance it happens? Just not smart imo when we've already seen how fast it can move. That type of greed will lose you coins.

Wait for the 30 sat prices again, it's going to happen.

If you sell in the 40's you deserve to lose your DGB stash people. Look where support was before the big pump...40-50 was huge support I don't see it going low than this. Long term holder and am scooping more so I don't mind but try to have a long term view. Keep a clear head, don't PANIC.

old coins are back, a few weeks ago DGB pump, now EAC. People trust old coins and avoid new coins.

As long as it comes to P&D, no one really cares about tx fees...

Minimum TX & Relay Fee set to 1 DGB to prevent attacks

If this is for any transaction, no matter how many inputs, then this is a terrible idea...

^^ Thanks, Contacted them yesterday, Sending them a tweet again now.

https://theblocksfactory.com/

Thanks to all exchanges and pools so far for updating!

Please let us know if you are mining on a pool thats not listed below.

Turkey Day - Triple League Payout Day! Get Paid to Play LoL


Payouts (in DigiBytes)

Per Game Win: 27 DGB
Per Champion Kill: 3.3 DGB
Per Turret Kill: 4.39 DGB
Per Assist: 3.3 DGB
Per Minion Kill: 0.11 DGB
Last Payout Time: November 26, 2015 6:03am
Payouts occur every 4 hours

www.Digibytegaming.com

Okay, I didn't say anything in that case. But yeah, market is looking really good. Can't wait to buy at 20 satoshi's again.

I think it was sarcastic lol

What are you talking about buttwipe, it just dumped to 50 sats.

Nice work dev and the market is looking very good.

* Transaction propagation changes based upon Microsoft research

Can the development team elaborate more on this point?

To confirm after the change it will be 240 blocks per hour, 5760 block a day and +- 2.1 million blocks a year. Digibyte will need to run off wallets like multibit that does not require the blockchain to be downloaded.

Your argument in the linked post is well reasoned and has caused me to modify my response a little.
I would have previously championed POS as per Diamond (DMD)'s implementation however that coin is designed to be held – not spent - and consequently is hampered by the reasons you put forward. To be fair they have been proactive with mitigation strategies but these are outside of the coin mechanics.
 
DigiByte with DigiSpeed is all about transactions – and transactions need blocks. They are going to need them every 15 seconds soon!
At the moment blocks can only be mined (OK securely by 5 different algos) and that is increasingly more expensive electricity-wise as difficulty increases. As mining becomes more expensive it also typically becomes more centralized

Block generation – not block reward,that is a different topic - by POS based on wallet balance and coin age with wallet (node) uptime (i.e. reset coin age when wallet closed) will provide blocks with substantially less carbon footprint and reward node uptime providers that are contributing to the network stability, coin investment and spreading (de-centralizing) block generation. Reward value can be small 1 – 2 % per annum. Its all about the blocks.

Add quark as an algo, give each algo 10 % of the network and 'uptime-only' POS the remaining 40% and you have a near perfect coin. But then – I'm just a newbie LOL so I'll shutup now