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Topic: ★★DigiByte|极特币★★[DGB]✔ Core v6.16.5.1 - DigiShield, DigiSpeed, Segwit - page 788. (Read 3059029 times)

legendary
Activity: 1218
Merit: 1003
Probably stupid question - if I mine Digibyte (with USB miner on Raspberry Pi) then I am a node too? How much difference does one node make at this stage?

If you are mining through a mining pool, then no you aren't a node.

You are a node if you have the full wallet open and connected on your computer.

If you were solo mining through the full wallet, then you would be a node, but few people do this.

Thanks for the answer.
So I could mine through mining pool on that Raspberry and also have wallet open on that same Raspberry all the time to contribute to the network, right? But how important for network is one node at this stage?


A cryptocurrency uses nodes to transmit messages, it's part of the process of creating/verifying transactions. The way I understand it, the messages are sent to random nodes each time. So with more nodes on the network, these transaction messages are not being sent to the same nodes over and over. The more nodes there are on a network the more secure it is.

Unfortunately, there isn't any incentive to keeping the full (core) wallet open on your computer all the time. In fact, it's a bit of a security risk to your wallet if someone gains access to your computer. But, it does make the network better. A good solution would be to add an empty core wallet that you never use to your computer and leave that running. Keep your personal wallet on another computer.

It's up to each person to decide if they feel it's helping or not.  In reality, one wallet isn't going to make a difference, but if everyone thought that way and turned theirs off, then it could limit the effectiveness of the network.



Thanks again.
How big flash card do I need for Raspberry to mine and run wallet (node)?
Can anyone help with this question? ^^^
I'm not currently running a pi as a node but I will. I imagine the bigger the better but 8G and up should be ok.
member
Activity: 103
Merit: 10
Probably stupid question - if I mine Digibyte (with USB miner on Raspberry Pi) then I am a node too? How much difference does one node make at this stage?

If you are mining through a mining pool, then no you aren't a node.

You are a node if you have the full wallet open and connected on your computer.

If you were solo mining through the full wallet, then you would be a node, but few people do this.

Thanks for the answer.
So I could mine through mining pool on that Raspberry and also have wallet open on that same Raspberry all the time to contribute to the network, right? But how important for network is one node at this stage?

A cryptocurrency uses nodes to transmit messages, it's part of the process of creating/verifying transactions. The way I understand it, the messages are sent to random nodes each time. So with more nodes on the network, these transaction messages are not being sent to the same nodes over and over. The more nodes there are on a network the more secure it is.

Unfortunately, there isn't any incentive to keeping the full (core) wallet open on your computer all the time. In fact, it's a bit of a security risk to your wallet if someone gains access to your computer. But, it does make the network better. A good solution would be to add an empty core wallet that you never use to your computer and leave that running. Keep your personal wallet on another computer.

It's up to each person to decide if they feel it's helping or not.  In reality, one wallet isn't going to make a difference, but if everyone thought that way and turned theirs off, then it could limit the effectiveness of the network.



Thanks again.
How big flash card do I need for Raspberry to mine and run wallet (node)?
Can anyone help with this question? ^^^
legendary
Activity: 1218
Merit: 1003
legendary
Activity: 1218
Merit: 1003
Another live radio interview in 2 hours!
http://www.funx.nl/
Seeing as quite a few people listening don't speak a word of Dutch, I don't suppose you could throw a few English words in 24?  Grin
sr. member
Activity: 335
Merit: 250
Another live radio interview in 2 hours!
http://www.funx.nl/
Really cool, keep going, this is good for digibyte Smiley
hero member
Activity: 756
Merit: 500
Community Liaison,How can i help you?
member
Activity: 84
Merit: 10



I am just amazed that coins like Digibyte and Guldencoin are so unvalued.

1.You know who the devs are (not anonymous)
2.You can actually use these coins  online.offline to buys goods/foods (They have real value)
3.Development and innovation keeps going on (house of blue jeans/tofugear nocks)
4.Dedicated community that keeps growing and is very active

I like it that they are cheap now, just bought up a million Digibytes again but everytime I buy cheap Digibyte I scratch my head.
Are the people so dumb or am I so smart?


Personally for me
Bitcoin is going to be just like gold (storevalue)
Digibyte is going to be a worldcurrency just like the dollar (only without the FED that keeps reprinting lol)
Guldencoin is going to be used as a local currency (as a protection against the weak euro)
sr. member
Activity: 266
Merit: 250
DigiByte? Yes!
so, is there at least one clear mind here aware of total coin supply today ? please


Go here: http://digiexplorer.info/status

Click the "Show Transaction Output Data" button at the bottom of the page, it will show the total amount

Total Amount   4766777404.597829
legendary
Activity: 1218
Merit: 1003
so, is there at least one clear mind here aware of total coin supply today ? please

The market cap of Digibyte for today is ฿1,019.28. It has a current circulating supply of 4.77 Billion coins.
member
Activity: 87
Merit: 10
Lots of progress still going on with DigiByte.  Great to see!
hero member
Activity: 756
Merit: 500
Community Liaison,How can i help you?
legendary
Activity: 1218
Merit: 1003
...

21 billion DigiBytes will be created over 21 years.
...
$1 - $10 long-term price target per DigiByte.

...


Even $1 might be a bit of a stretch. That would mean 5 times the current marketcap of bitcoin and all altcoins put together, at that time bitcoin would need to be at least 200 billion in marketcap. Also the dumping that will take place on the way to even 100 sat will be immense but once we passed that point it can go anywhere.
Not going to be easy for sure especially with all the dumping like you say but one day they will wish they had held. It's a long term target and who knows, when we get anywhere near, there might not even be enough bitcoin to buy all the DigiByte!  Smiley

Maybe one day, we will have a drink together on the moon Smiley

first lets have one in Zoetermeer!


sr. member
Activity: 335
Merit: 250
...

21 billion DigiBytes will be created over 21 years.
...
$1 - $10 long-term price target per DigiByte.

...


Even $1 might be a bit of a stretch. That would mean 5 times the current marketcap of bitcoin and all altcoins put together, at that time bitcoin would need to be at least 200 billion in marketcap. Also the dumping that will take place on the way to even 100 sat will be immense but once we passed that point it can go anywhere.
Not going to be easy for sure especially with all the dumping like you say but one day they will wish they had held. It's a long term target and who knows, when we get anywhere near, there might not even be enough bitcoin to buy all the DigiByte!  Smiley

Maybe one day, we will have a drink together on the moon Smiley
legendary
Activity: 1218
Merit: 1003
...

21 billion DigiBytes will be created over 21 years.
...
$1 - $10 long-term price target per DigiByte.

...


Even $1 might be a bit of a stretch. That would mean 5 times the current marketcap of bitcoin and all altcoins put together, at that time bitcoin would need to be at least 200 billion in marketcap. Also the dumping that will take place on the way to even 100 sat will be immense but once we passed that point it can go anywhere.
Not going to be easy for sure especially with all the dumping like you say but one day they will wish they had held. It's a long term target and who knows, when we get anywhere near, there might not even be enough bitcoin to buy all the DigiByte!  Smiley
hero member
Activity: 756
Merit: 500
Community Liaison,How can i help you?
release date of Digispeed? I found no Information about it. What are the next steps?  Smiley

Watch the Digireports on youtube. They are working on it  and have said late 2015 early 2016. However this could be subject to delays, as these things have a habit of providing unforeseen problems.

And with that,  Summer vacation is a very bad time to release such big updates because you will lose allot of attention.
member
Activity: 108
Merit: 10
release date of Digispeed? I found no Information about it. What are the next steps?  Smiley

Watch the Digireports on youtube. They are working on it  and have said late 2015 early 2016. However this could be subject to delays, as these things have a habit of providing unforeseen problems.
hero member
Activity: 637
Merit: 500
release date of Digispeed? I found no Information about it. What are the next steps?  Smiley

They have to make sure Digispeed is faster then 12 second block times that Ethereum has without causing chain splits. The chain splits will be a massive problem with anything under 10 seconds. This is where most of the $250k investment will be going towards as it will put digibyte ahead of the pack.

Anything slower then 12 second block times will be a waste and not marketable.

Chain splits was a big problem with ethereum when they were testing but with Multi Algo you can have 40 sec block times for each algorithm and still have under 10 second block times. Multi Algo can make faster block times much easier.
hero member
Activity: 637
Merit: 500
...

21 billion DigiBytes will be created over 21 years.
...
$1 - $10 long-term price target per DigiByte.

...


Even $1 might be a bit of a stretch. That would mean 5 times the current marketcap of bitcoin and all altcoins put together, at that time bitcoin would need to be at least 200 billion in marketcap. Also the dumping that will take place on the way to even 100 sat will be immense but once we passed that point it can go anywhere.
hero member
Activity: 756
Merit: 500
Community Liaison,How can i help you?
Just finished another interview with a dutch Bitcoin journalist.
hero member
Activity: 798
Merit: 1000
release date of Digispeed? I found no Information about it. What are the next steps?  Smiley
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