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Topic: ★★DigiByte|极特币★★[DGB]✔ Core v6.16.5.1 - DigiShield, DigiSpeed, Segwit - page 680. (Read 3058888 times)

hero member
Activity: 798
Merit: 531
Crypto is King.
Go dgb gooooo
☆Pokémon battle stance☆
HR
legendary
Activity: 1176
Merit: 1011
Transparency & Integrity
Now I'm pissed.... oh sorry... hi...

I won't be able to afford to run 8MB blocks, I can barely afford the 1MB already in place.
No way I'm letting all my coin in an exchange nor on a web wallet either.
This means it's time for me to exit DigiByte... I'd rather do it on here than on an exchange; I'm sure you can appreciate this.
Sucks for me, I know, I'll get over it, I lost million dollar deals before so no biggie.

Thing is I have a richlist stash and if I go on exchange will tank the price in a big way.
So I am giving the community the change to buy it all in one shot without messing up with the price.
I know this makes me sound like an asshole but consider I wasn't so nice with other coins as to make a thread about me selling out my entire vault.
It's the last thing I want to do but seems I have no choice.

My internet costs me at a rate of $10 per 1GB so yeah... that said I didn't even want to say anything but you guys are cool folks so... here I am.
Please PM me your offers in the form of "BTC Per Million DGB" by next Sunday November 08, 2015...
If no reasonable offers are received by wednesday, I will sell off then.
I hate to have my time wasted and right now I am wasting my time here talking about shit I never wanted.

Largest Total BTC offers = First Served
Maximum DGB: 10,000,000

Buy the whole stash above my asking price [secret] and get an extra 140,000 for free!!

-GigaBit

You might be jumping the gun a bit. For example, a bootstrap file that can be downloaded in a WIFI free zone would solve your problem (something that I figure would be easy for you since the rate you're referring to is a mobile/cell rate . . . ).

And who knows exactly when the rollout will happen. Like cryptonit said, sometimes it's better advised to wait for the need to arise first . . . and nothing better than meeting eventual need with a super thoroughly tested solution.  Wink

Don't forget that the DigiByte team is much wiser, much more flexible, much more open to all types of input, than your standard crypto Dev team. Concerns raised here are more often than not dealt with head on and in an open source, open to the world, way. These guys are no chumps. Don't underestimate them - you'll only loose money if you do. They've never let anyone down. On the contrary, they have always surprised to the upside.

BTW, there's pretty good daily volume on the exchanges, enough to handle a fair sized liquidation if you sell into strength (versus dumping, and seeing severely compromised sale proceeds); of course, if you're talking about the #1 rich list figure (which looks more institutional to me than anything else), it would take you some time . . .


ADD: I'm also guessing that if you were the #1 you wouldn't be complaining about $10 per 1GB rates!!!  Cheesy

sr. member
Activity: 1638
Merit: 261
surely you'd be better off backing up your wallet and sitting on them?

each to their own.
sr. member
Activity: 254
Merit: 250
Largest Total BTC offers = First Served
Maximum DGB: 10,000,000

Buy the whole stash above my asking price [secret] and get an extra 140,000 for free!!

-GigaBit

Offer is send. Check PM.
hero member
Activity: 756
Merit: 500
Community Liaison,How can i help you?
Now I'm pissed.... oh sorry... hi...

I won't be able to afford to run 8MB blocks, I can barely afford the 1MB already in place.
No way I'm letting all my coin in an exchange nor on a web wallet either.
This means it's time for me to exit DigiByte... I'd rather do it on here than on an exchange; I'm sure you can appreciate this.
Sucks for me, I know, I'll get over it, I lost million dollar deals before so no biggie.

Thing is I have a richlist stash and if I go on exchange will tank the price in a big way.
So I am giving the community the change to buy it all in one shot without messing up with the price.
I know this makes me sound like an asshole but consider I wasn't so nice with other coins as to make a thread about me selling out my entire vault.
It's the last thing I want to do but seems I have no choice.

My internet costs me at a rate of $10 per 1GB so yeah... that said I didn't even want to say anything but you guys are cool folks so... here I am.
Please PM me your offers in the form of "BTC Per Million DGB" by next Sunday November 08, 2015...
If no reasonable offers are received by wednesday, I will sell off then.
I hate to have my time wasted and right now I am wasting my time here talking about shit I never wanted.

Largest Total BTC offers = First Served
Maximum DGB: 10,000,000

Buy the whole stash above my asking price [secret] and get an extra 140,000 for free!!

-GigaBit

Would love to buy from you but i want to wait out the Digibyte price in 1 week.
Allot can happen in price, Higher and lower offc.  
100 sat is my offer now and i buy 10mill Smiley
sr. member
Activity: 254
Merit: 250
My internet costs me at a rate of $10 per 1GB so yeah... that said I didn't even want to say anything but you guys are cool folks so... here I am.
-GigaBit
What are you talking about? Please just dump all your DigiBytes on the market, I would love to get me some cheap DigiBytes, I am sure the market will absorb your dump easily Smiley.

Traffic costs are too much i guess. I will made him a offer. Internet is not cheap in some places, that sucks!
sr. member
Activity: 404
Merit: 500
Now I'm pissed.... oh sorry... hi...

I won't be able to afford to run 8MB blocks, I can barely afford the 1MB already in place.
No way I'm letting all my coin in an exchange nor on a web wallet either.
This means it's time for me to exit DigiByte... I'd rather do it on here than on an exchange; I'm sure you can appreciate this.
Sucks for me, I know, I'll get over it, I lost million dollar deals before so no biggie.

Thing is I have a richlist stash and if I go on exchange will tank the price in a big way.
So I am giving the community the change to buy it all in one shot without messing up with the price.
I know this makes me sound like an asshole but consider I wasn't so nice with other coins as to make a thread about me selling out my entire vault.
It's the last thing I want to do but seems I have no choice.

My internet costs me at a rate of $10 per 1GB so yeah... that said I didn't even want to say anything but you guys are cool folks so... here I am.
Please PM me your offers in the form of "BTC Per Million DGB" by next Sunday November 08, 2015...
If no reasonable offers are received by wednesday, I will sell off then.
I hate to have my time wasted and right now I am wasting my time here talking about shit I never wanted.

Largest Total BTC offers = First Served
Maximum DGB: 10,000,000

Buy the whole stash above my asking price [secret] and get an extra 140,000 for free!!

-GigaBit

What are you talking about? Please just dump all your DigiBytes on the market, I would love to get me some cheap DigiBytes, I am sure the market will absorb your dump easily Smiley.
hero member
Activity: 1666
Merit: 513
Leading Crypto Sports Betting & Casino Platform
Now I'm pissed.... oh sorry... hi...

I won't be able to afford to run 8MB blocks, I can barely afford the 1MB already in place.
No way I'm letting all my coin in an exchange nor on a web wallet either.
This means it's time for me to exit DigiByte... I'd rather do it on here than on an exchange; I'm sure you can appreciate this.
Sucks for me, I know, I'll get over it, I lost million dollar deals before so no biggie.

Thing is I have a richlist stash and if I go on exchange will tank the price in a big way.
So I am giving the community the change to buy it all in one shot without messing up with the price.
I know this makes me sound like an asshole but consider I wasn't so nice with other coins as to make a thread about me selling out my entire vault.
It's the last thing I want to do but seems I have no choice.

My internet costs me at a rate of $10 per 1GB so yeah... that said I didn't even want to say anything but you guys are cool folks so... here I am.
Please PM me your offers in the form of "BTC Per Million DGB" by next Sunday November 08, 2015...
If no reasonable offers are received by wednesday, I will sell off then.
I hate to have my time wasted and right now I am wasting my time here talking about shit I never wanted.

Largest Total BTC offers = First Served
Maximum DGB: 10,000,000

Buy the whole stash above my asking price [secret] and get an extra 140,000 for free!!

-GigaBit
hero member
Activity: 827
Merit: 1000
Twitter: @bitcoin_dad
There is really no comparision between MYR and DGB.  The work put into DGB shows price wise.
legendary
Activity: 1218
Merit: 1003
Will Digibyte be suitable for paying in supermarkets/ convenience stores (in the future I mean) or will the block time still be too long for that?
Again yes, this is what DigiByte is meant for! 
member
Activity: 103
Merit: 10
I mean - customer and cashier will have to wait for confirmation right? Won't that time still be to long for comfortable use?
legendary
Activity: 1568
Merit: 1000
Will Digibyte be suitable for paying in supermarkets/ convenience stores (in the future I mean) or will the block time still be too long for that?

That's a very interesting question, if it matches Visa as that's the intention then I think it should be possible. DGB is also used already in small stores around Europe so I think this is an actual goal.
member
Activity: 103
Merit: 10
Will Digibyte be suitable for paying in supermarkets/ convenience stores (in the future I mean) or will the block time still be too long for that?
legendary
Activity: 1218
Merit: 1003
its nice numbers
but basical any bitcoin code based coin and bitcoin itself can reach that numbers
if adapt coin specs

small coins have the advantage of flexibility and not act slow like dinosaur BTC

but on other hand why 2000+ tx/sec ability for DGB

dont think u have that many even in a whole day

in my opinion u adapt as u needed and not increase amount of empty blockdata without pressure by demand
Sounds very logical but the truth is Bitcoin will not make them changes because of the risk involved.
https://medium.com/@octskyward/on-block-sizes-e047bc9f830#.dhasjyaa7
I don't think they should either but the community realize that something is needed to compete with Visa for everyday transactions and that is DigiByte.
Nobody really want's to risk changing something that is functioning correctly especially when they have a capitalization  like Bitcoins. DigiByte is being designed to fill this space, hopefully stable from the ground. It has always been DigiBytes plan, the future of micropayments!  
legendary
Activity: 1722
Merit: 1051
Official DigiByte Account
We are indeed evaluating some issues that will arise far into the future and we are already working to mitigate them. We are not going to give a hard launch date as it fuels pump and dumps. When we are 100% ready we will release.

We just completed a successful 12,000 Block test run with DigiSpeed modifications (8mb blocks, 15 second transactions, difficulty calculation modifications, transaction propagation changes.)

The test resulted in even distribution between the five algos and our actual test data showed and average block time of 14.68 seconds (slightly speedier than planned).

Average transaction size: 250 bytes
Maximum block size: 8mb (8,388,608bytes)
Average block-time: 14.68
 
Maximum BTC TPS = 7 transactions per second.
BTC block size = 1mb

7 x 8mb blocks =  56 TPS

BTC Block Time= 10 min
DGB block time= 14.68 sec

600 min / 14.68 sec = 40.87 multiplier

56 TPS x 40.87 = 2,228 DigiByte Transactions per second

Visa averages 2,000 TPS

Following the DigiSpeed v4.0 release we will release a version v5.0 in mid 2016 with enhanced block pruning, headers first sync and additional "incentives" for people like gamers to run a "full node" and keep the network decentralized as blockchain size increases Smiley

It's all well and good to say "we tested it and had no problem" but that would never fly in a corporate environment. You'd have to show data/proof.

I'd personally like to see the test blockchain data. Put up your test blockchain explorer somewhere so we can examine how many transactions you were sending per block.

In the data you provided, you say that the average transaction size is 250 bytes. But, how is that number used to calculate the 2228 DGB trans/second? If you divide 8mb/250 you come up with a theoretical maximum of 33554 transactions per block. Divide that by 14.68 you come up with 2286 trans/sec.

250 bytes is about right for a block with 1 input per transaction (block reward only).

I did a quick check of the last 1695 blocks (1336523 through 1338189) and came up with an average transaction size of 392 bytes (block size divided by transactions). This would lower the theoretical transactions/second to 1457.

As more and more transactions happen, there are going to be more inputs per transactions and that's going to inflate the size of each transaction, this is why I'm curious to see how many transactions you had per block and how many inputs you had per transactions.

I quoting this because it has some constructive questioning.  Smiley
We are still preparing some visual data and numbers to show everyone in better detail. We do not want to rush things without solid data to demonstrate its not only possible, but much more efficient. We have been playing with several variables as well. Stay tuned.
hero member
Activity: 622
Merit: 504
Your only Amigo, in the World of Crypto
Nice seeing you here. this thread is getting a lot more interesting  Cool
legendary
Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds
its nice numbers
but basical any bitcoin code based coin and bitcoin itself can reach that numbers
if adapt coin specs

small coins have the advantage of flexibility and not act slow like dinosaur BTC

but on other hand why 2000+ tx/sec ability for DGB

dont think u have that many even in a whole day

in my opinion u adapt as u needed and not increase amount of empty blockdata without pressure by demand
hero member
Activity: 966
Merit: 1003
I see the price rise but I don't understand why. Isn't DigiByte just essentially Myriad with an added premine and instamine? They've been talking about this DigiSpeed hard fork for months now, but still no deadline, only delays. And they haven't even explained how it is exactly that their new hard fork will solve the scalability issue of Bitcoin. How will they encourage enough nodes to store a full copy of the blockchain? Sounds like the coin will become massively bloated.

Most altcoins are "good enough" for many kinds of use, it's question of marketing, building services around it and getting people to actually use it. If all you have is technical invention but no one knows about it or wants to use it then your coin isn't going anywhere.
legendary
Activity: 1218
Merit: 1003
We are indeed evaluating some issues that will arise far into the future and we are already working to mitigate them. We are not going to give a hard launch date as it fuels pump and dumps. When we are 100% ready we will release.

We just completed a successful 12,000 Block test run with DigiSpeed modifications (8mb blocks, 15 second transactions, difficulty calculation modifications, transaction propagation changes.)

The test resulted in even distribution between the five algos and our actual test data showed and average block time of 14.68 seconds (slightly speedier than planned).

Average transaction size: 250 bytes
Maximum block size: 8mb (8,388,608bytes)
Average block-time: 14.68
 
Maximum BTC TPS = 7 transactions per second.
BTC block size = 1mb

7 x 8mb blocks =  56 TPS

BTC Block Time= 10 min
DGB block time= 14.68 sec

600 min / 14.68 sec = 40.87 multiplier

56 TPS x 40.87 = 2,228 DigiByte Transactions per second

Visa averages 2,000 TPS

Following the DigiSpeed v4.0 release we will release a version v5.0 in mid 2016 with enhanced block pruning, headers first sync and additional "incentives" for people like gamers to run a "full node" and keep the network decentralized as blockchain size increases Smiley

It's all well and good to say "we tested it and had no problem" but that would never fly in a corporate environment. You'd have to show data/proof.

I'd personally like to see the test blockchain data. Put up your test blockchain explorer somewhere so we can examine how many transactions you were sending per block.

In the data you provided, you say that the average transaction size is 250 bytes. But, how is that number used to calculate the 2228 DGB trans/second? If you divide 8mb/250 you come up with a theoretical maximum of 33554 transactions per block. Divide that by 14.68 you come up with 2286 trans/sec.

250 bytes is about right for a block with 1 input per transaction (block reward only).

I did a quick check of the last 1695 blocks (1336523 through 1338189) and came up with an average transaction size of 392 bytes (block size divided by transactions). This would lower the theoretical transactions/second to 1457.

As more and more transactions happen, there are going to be more inputs per transactions and that's going to inflate the size of each transaction, this is why I'm curious to see how many transactions you had per block and how many inputs you had per transactions.

I quoting this because it has some constructive questioning.  Smiley
sr. member
Activity: 266
Merit: 250
DigiByte? Yes!
We are indeed evaluating some issues that will arise far into the future and we are already working to mitigate them. We are not going to give a hard launch date as it fuels pump and dumps. When we are 100% ready we will release.

We just completed a successful 12,000 Block test run with DigiSpeed modifications (8mb blocks, 15 second transactions, difficulty calculation modifications, transaction propagation changes.)

The test resulted in even distribution between the five algos and our actual test data showed and average block time of 14.68 seconds (slightly speedier than planned).

Average transaction size: 250 bytes
Maximum block size: 8mb (8,388,608bytes)
Average block-time: 14.68
 
Maximum BTC TPS = 7 transactions per second.
BTC block size = 1mb

7 x 8mb blocks =  56 TPS

BTC Block Time= 10 min
DGB block time= 14.68 sec

600 min / 14.68 sec = 40.87 multiplier

56 TPS x 40.87 = 2,228 DigiByte Transactions per second

Visa averages 2,000 TPS

Following the DigiSpeed v4.0 release we will release a version v5.0 in mid 2016 with enhanced block pruning, headers first sync and additional "incentives" for people like gamers to run a "full node" and keep the network decentralized as blockchain size increases Smiley

It's all well and good to say "we tested it and had no problem" but that would never fly in a corporate environment. You'd have to show data/proof.

I'd personally like to see the test blockchain data. Put up your test blockchain explorer somewhere so we can examine how many transactions you were sending per block.

In the data you provided, you say that the average transaction size is 250 bytes. But, how is that number used to calculate the 2228 DGB trans/second? If you divide 8mb/250 you come up with a theoretical maximum of 33554 transactions per block. Divide that by 14.68 you come up with 2286 trans/sec.

250 bytes is about right for a block with 1 input per transaction (block reward only).

I did a quick check of the last 1695 blocks (1336523 through 1338189) and came up with an average transaction size of 392 bytes (block size divided by transactions). This would lower the theoretical transactions/second to 1457.

As more and more transactions happen, there are going to be more inputs per transactions and that's going to inflate the size of each transaction, this is why I'm curious to see how many transactions you had per block and how many inputs you had per transactions.
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