Don't forget you can use your DigiByte to purchase dedicated Website Hosting at CryptoCloudHosting.org.
Topic: ★★DigiByte|极特币★★[DGB]✔ Core v6.16.5.1 - DigiShield, DigiSpeed, Segwit - page 805. (Read 3058816 times)
July 22, 2015, 07:56:56 AM
Don't forget you can use your DigiByte to purchase dedicated Website Hosting at CryptoCloudHosting.org.
July 22, 2015, 07:44:02 AM
http://www.digibyteforum.com/index.php/topic,1267.0.html
This is an interesting view on the reward reduction/extension debate over on the DigiByte forum.
My vote would be that we don't extend production.
Short term the price isn't going to be very good, but I want DigiByte to succeed in the long term, so it's important we get it right early. The only real solution is to increase utility through projects, current and potential.
This is an interesting view on the reward reduction/extension debate over on the DigiByte forum.
My vote would be that we don't extend production.
Short term the price isn't going to be very good, but I want DigiByte to succeed in the long term, so it's important we get it right early. The only real solution is to increase utility through projects, current and potential.
July 22, 2015, 07:16:47 AM
Jared,
Have you thought about making the reward for mining proportional to the mining capacity? E.g. over the last day if the average hash power for all algos is (these are just example low amounts to demonstrate the concept)
0-20 GH --> reward per block is 500
20-40 GH --> reward per block is 1000
40-60 GH --> reward per block is 1500
60 GH ++ --> reward per block is 2000
Calculate on maximum amount the years of mining for rewards and you can still maintain what you want yet when there isn't enough miners at play it prevents those only doing it from acquiring lots and auto miner dumping.
The price drops and less mine thats fine less is mined so their profits are lower and this discourages it.
More people mine and price rises more are inclined to mine which enlarges the pools and shares.
Seems this could work to me and promote without the need for hard forks to constantly adjust... thoughts Jared?
I'm glad people are thinking about this and it's great to hear what people think and if they have any ideas or possible solutions.Have you thought about making the reward for mining proportional to the mining capacity? E.g. over the last day if the average hash power for all algos is (these are just example low amounts to demonstrate the concept)
0-20 GH --> reward per block is 500
20-40 GH --> reward per block is 1000
40-60 GH --> reward per block is 1500
60 GH ++ --> reward per block is 2000
Calculate on maximum amount the years of mining for rewards and you can still maintain what you want yet when there isn't enough miners at play it prevents those only doing it from acquiring lots and auto miner dumping.
The price drops and less mine thats fine less is mined so their profits are lower and this discourages it.
More people mine and price rises more are inclined to mine which enlarges the pools and shares.
Seems this could work to me and promote without the need for hard forks to constantly adjust... thoughts Jared?
This particular concept, I fear might make the situation worse though o0o0. I'm just going to talk around sha, because it's what I'm used to but imagine that 70% of sha mining was currently owned by one entity and the other 30% was distributed around the world owned by small individual miners.
Now imagine the one entity that owned 70% of the mining didn't give a monkeys about DigiByte, the only reason they wanted any at all, was so that they could exercise some control over it. Imagine that this one entity not only did this to DigiByte but they possibly did it to every other sha mining coin that wasn't merge mined with Bitcoin already. An organization like this, if it existed because we are imagining, would have a considerable amount of network speed to bring to the party.
Your plan would reward these people by creating more supply when they were mining and punish the rest of us when they were not because the supply would be reduced. The possibility that 'they' already control 70% of one algorithm is bad enough!
July 22, 2015, 07:11:38 AM
Hello all,
I have a friend who is very good at making crochet toys etc... I helped make her a website at http://www.icrochetit.com/en/ but unfortunately the paypal module isn't working so i said ' why don't you start excepting DigiByte?' well she has agreed and said she'll also crochet the DigiByte man!
My problem is finding a way to integrate this? are there any free modules that work with prestashop? https://www.prestashop.com/
Thanks
I have a friend who is very good at making crochet toys etc... I helped make her a website at http://www.icrochetit.com/en/ but unfortunately the paypal module isn't working so i said ' why don't you start excepting DigiByte?' well she has agreed and said she'll also crochet the DigiByte man!
My problem is finding a way to integrate this? are there any free modules that work with prestashop? https://www.prestashop.com/
Thanks
Maybe litepaid can help you out?
https://litepaid.com/developers
When you have any questions, Please contact litepaid on
twitter: https://twitter.com/LitePaid
Contact: https://litepaid.com/contact
I have been using Litepaid for 1+ year now and they always helped me out with everything!
Might be a good idea to get listed on https://www.coinpayments.net they have what i need and support lots of other shopping carts!!
July 22, 2015, 06:49:21 AM
Hello all,
I have a friend who is very good at making crochet toys etc... I helped make her a website at http://www.icrochetit.com/en/ but unfortunately the paypal module isn't working so i said ' why don't you start excepting DigiByte?' well she has agreed and said she'll also crochet the DigiByte man!
My problem is finding a way to integrate this? are there any free modules that work with prestashop? https://www.prestashop.com/
Thanks
I have a friend who is very good at making crochet toys etc... I helped make her a website at http://www.icrochetit.com/en/ but unfortunately the paypal module isn't working so i said ' why don't you start excepting DigiByte?' well she has agreed and said she'll also crochet the DigiByte man!
My problem is finding a way to integrate this? are there any free modules that work with prestashop? https://www.prestashop.com/
Thanks
Maybe litepaid can help you out?
https://litepaid.com/developers
When you have any questions, Please contact litepaid on
twitter: https://twitter.com/LitePaid
Contact: https://litepaid.com/contact
I have been using Litepaid for 1+ year now and they always helped me out with everything!
July 22, 2015, 06:33:18 AM
Hello all,
I have a friend who is very good at making crochet toys etc... I helped make her a website at http://www.icrochetit.com/en/ but unfortunately the paypal module isn't working so i said ' why don't you start excepting DigiByte?' well she has agreed and said she'll also crochet the DigiByte man!
My problem is finding a way to integrate this? are there any free modules that work with prestashop? https://www.prestashop.com/
Thanks
I have a friend who is very good at making crochet toys etc... I helped make her a website at http://www.icrochetit.com/en/ but unfortunately the paypal module isn't working so i said ' why don't you start excepting DigiByte?' well she has agreed and said she'll also crochet the DigiByte man!
My problem is finding a way to integrate this? are there any free modules that work with prestashop? https://www.prestashop.com/
Thanks
Maybe litepaid can help you out?
https://litepaid.com/developers
When you have any questions, Please contact litepaid on
twitter: https://twitter.com/LitePaid
Contact: https://litepaid.com/contact
I have been using Litepaid for 1+ year now and they always helped me out with everything!
July 22, 2015, 05:28:30 AM
Hello all,
I have a friend who is very good at making crochet toys etc... I helped make her a website at http://www.icrochetit.com/en/ but unfortunately the paypal module isn't working so i said ' why don't you start excepting DigiByte?' well she has agreed and said she'll also crochet the DigiByte man!
My problem is finding a way to integrate this? are there any free modules that work with prestashop? https://www.prestashop.com/
Thanks
I have a friend who is very good at making crochet toys etc... I helped make her a website at http://www.icrochetit.com/en/ but unfortunately the paypal module isn't working so i said ' why don't you start excepting DigiByte?' well she has agreed and said she'll also crochet the DigiByte man!
My problem is finding a way to integrate this? are there any free modules that work with prestashop? https://www.prestashop.com/
Thanks
July 22, 2015, 01:32:56 AM
Jared,
Fantastic work on the Digireport.... this is what i'm talking about. This sort of thing provides an update and increases faith. I know i'll be rebuying some of my lost coins now to return to whale status as i must say the faith was lacking in the past and i was almost prepared to bail out completely.
Please keep these reports coming promptly and weekly as you said... even if you don't have much to list in them. Worst case is you can just read out some emails from people and address if you don't have any big updates coming. These sort of video reports is something other cryptos don't have and people can see the face and gain trust. It shows transparency, action and dedication. This must be maintained.
Kudos again.
Fantastic work on the Digireport.... this is what i'm talking about. This sort of thing provides an update and increases faith. I know i'll be rebuying some of my lost coins now to return to whale status as i must say the faith was lacking in the past and i was almost prepared to bail out completely.
Please keep these reports coming promptly and weekly as you said... even if you don't have much to list in them. Worst case is you can just read out some emails from people and address if you don't have any big updates coming. These sort of video reports is something other cryptos don't have and people can see the face and gain trust. It shows transparency, action and dedication. This must be maintained.
Kudos again.
July 22, 2015, 01:13:34 AM
Jared,
Have you thought about making the reward for mining proportional to the mining capacity? E.g. over the last day if the average hash power for all algos is (these are just example low amounts to demonstrate the concept)
0-20 GH --> reward per block is 500
20-40 GH --> reward per block is 1000
40-60 GH --> reward per block is 1500
60 GH ++ --> reward per block is 2000
Calculate on maximum amount the years of mining for rewards and you can still maintain what you want yet when there isn't enough miners at play it prevents those only doing it from acquiring lots and auto miner dumping.
The price drops and less mine thats fine less is mined so their profits are lower and this discourages it.
More people mine and price rises more are inclined to mine which enlarges the pools and shares.
Seems this could work to me and promote without the need for hard forks to constantly adjust... thoughts Jared?
Have you thought about making the reward for mining proportional to the mining capacity? E.g. over the last day if the average hash power for all algos is (these are just example low amounts to demonstrate the concept)
0-20 GH --> reward per block is 500
20-40 GH --> reward per block is 1000
40-60 GH --> reward per block is 1500
60 GH ++ --> reward per block is 2000
Calculate on maximum amount the years of mining for rewards and you can still maintain what you want yet when there isn't enough miners at play it prevents those only doing it from acquiring lots and auto miner dumping.
The price drops and less mine thats fine less is mined so their profits are lower and this discourages it.
More people mine and price rises more are inclined to mine which enlarges the pools and shares.
Seems this could work to me and promote without the need for hard forks to constantly adjust... thoughts Jared?
July 22, 2015, 12:11:46 AM
HR,
Great job! Great to have you on board!
Great job! Great to have you on board!
July 21, 2015, 12:40:55 PM
HR,
Awesome buddy! You are a beast and thanks for the transparency. This is exactly what we need to do from an outbound level.
YC
Awesome buddy! You are a beast and thanks for the transparency. This is exactly what we need to do from an outbound level.
YC
Yeah, thanks for saying so. I think it certainly serves as another grain of sand at least!
I might have some more extra time this week, and I'd like to add another 1,000 to the list (the "mining" is getting progressively more difficult
) if I can. Then I'll probably buy something as mentioned before. All opinions and information regarding good DBs for sale are welcomed!BTW, if you, or anyone else, would like to send that e-mail to someone you know, feel free to do so. You can copy and paste the html (it's very basic), or you can even send me a PM with your e-mail and I'll get you a copy you can comfortably forward.
TIA
July 21, 2015, 12:21:45 PM
HR,
Awesome buddy! You are a beast and thanks for the transparency. This is exactly what we need to do from an outbound level.
YC
1st round of e-mailing 20/07/2015 - 21/07/2015
1,083 e-mails sent
Automatic Replies: ~8.5% (mostly away from desk)
REMOVE: 2
Failed Delivery / Undeliverable: ~8.3%
After DB clean-up, this leaves me with just under 1,000 mostly high quality, middle management level, contact addresses (managers, office directors, account executives, etc.), which are sent in related group/department/division batches in open address format (not blind copies) so that recipients can see that their colleagues also received the same e-mail, hopefully leading to conversation about the subject (even if they are on opposite sides of the world and it is only an e-mail conversation). The target sector is exclusively financial related - banks, insurers, property managers, etc.
Total time spent: 10 hours
I’m looking at purchasing something already compiled, but the big risk there is the quality of the database provided.
US Finance Companies
https://www.emaildatapro.com/targeted-email-lists/2015-fresh-updated-usa-finance-companies-116-569-email-database.html
Perhaps the UK and Netherlands might be a better value for roughly the same money. http://companydatabases.net/webshop/
Have you seen this from blockchain.info ? https://blockchain.info/nodes-globe It looks like there is serious interest in the UK and the Netherlands . . . rivaling both coasts of the U.S.
Awesome buddy! You are a beast and thanks for the transparency. This is exactly what we need to do from an outbound level.
YC
1st round of e-mailing 20/07/2015 - 21/07/2015
1,083 e-mails sent
Automatic Replies: ~8.5% (mostly away from desk)
REMOVE: 2
Failed Delivery / Undeliverable: ~8.3%
After DB clean-up, this leaves me with just under 1,000 mostly high quality, middle management level, contact addresses (managers, office directors, account executives, etc.), which are sent in related group/department/division batches in open address format (not blind copies) so that recipients can see that their colleagues also received the same e-mail, hopefully leading to conversation about the subject (even if they are on opposite sides of the world and it is only an e-mail conversation). The target sector is exclusively financial related - banks, insurers, property managers, etc.
Total time spent: 10 hours
I’m looking at purchasing something already compiled, but the big risk there is the quality of the database provided.
US Finance Companies
https://www.emaildatapro.com/targeted-email-lists/2015-fresh-updated-usa-finance-companies-116-569-email-database.html
Perhaps the UK and Netherlands might be a better value for roughly the same money. http://companydatabases.net/webshop/
Have you seen this from blockchain.info ? https://blockchain.info/nodes-globe It looks like there is serious interest in the UK and the Netherlands . . . rivaling both coasts of the U.S.
July 21, 2015, 12:12:11 PM
1st round of e-mailing 20/07/2015 - 21/07/2015
1,083 e-mails sent
Automatic Replies: ~8.5% (mostly away from desk)
REMOVE: 2
Failed Delivery / Undeliverable: ~8.3%
After DB clean-up, this leaves me with just under 1,000 mostly high quality, middle management level, contact addresses (managers, office directors, account executives, etc.), which are sent in related group/department/division batches in open address format (not blind copies) so that recipients can see that their colleagues also received the same e-mail, hopefully leading to conversation about the subject (even if they are on opposite sides of the world and it is only an e-mail conversation). The target sector is exclusively financial related - banks, insurers, property managers, etc.
Total time spent: 10 hours
I’m looking at purchasing something already compiled, but the big risk there is the quality of the database provided.
US Finance Companies
https://www.emaildatapro.com/targeted-email-lists/2015-fresh-updated-usa-finance-companies-116-569-email-database.html
Perhaps the UK and Netherlands might be a better value for roughly the same money. http://companydatabases.net/webshop/
Have you seen this from blockchain.info ? https://blockchain.info/nodes-globe It looks like there is serious interest in the UK and the Netherlands . . . rivaling both coasts of the U.S.
July 20, 2015, 08:56:52 PM
For the community to consider!
This should give you some insight as to what it would cost to double the current sha network of DigiByte, including the larger unfriendly part. Of course you have to power the machines on top but it is basically an out of the box bitcoin farm.
http://www.ebay.co.uk/itm/52x-Bitmain-Antminer-S5-SHA-256-BTC-Bitcoin-Miner-1155GH-s-590w-52-Pack-/251793760620
Over 7000 times as much equipment is currently mining Bitcoin and just 44 times as much mining Peercoin, Bitcoins nearest rival in speed. I'd like to see us slip in between these two guys at sometime in the future with the clear ambition of one day being #1 or close enough not to feel threatened but today that's just a dream but we need to remember how important network speed and mining is to us and always be thinking about and implementing ways of keeping it high, friendly and distributed.
This should give you some insight as to what it would cost to double the current sha network of DigiByte, including the larger unfriendly part. Of course you have to power the machines on top but it is basically an out of the box bitcoin farm.
http://www.ebay.co.uk/itm/52x-Bitmain-Antminer-S5-SHA-256-BTC-Bitcoin-Miner-1155GH-s-590w-52-Pack-/251793760620
Over 7000 times as much equipment is currently mining Bitcoin and just 44 times as much mining Peercoin, Bitcoins nearest rival in speed. I'd like to see us slip in between these two guys at sometime in the future with the clear ambition of one day being #1 or close enough not to feel threatened but today that's just a dream but we need to remember how important network speed and mining is to us and always be thinking about and implementing ways of keeping it high, friendly and distributed.
July 20, 2015, 07:25:37 PM
Introducing DigiReport Ep.#1: https://www.youtube.com/watch?v=QnK6ofo6RX8
Fantastic first DigiReport Jared. I’m really looking forward to seeing how this develops and love the DigiKnow plan.Also, some excellent leadership in opening the supply reduction question to the community.
Brilliant ideas coming from the community regarding how Digibyte may be used by community members to vote. I’m all for this but obviously this sort of thing needs to be as transparent as possible and steps taken to ensure that one community member gets one vote! So, really looking forward to seeing how we tackle this as well.
Maybe the supply ratio could become a community driven variable. Perhaps, if the community believed the mining pressure to be too high they could vote and reduce the supply or, at another juncture, if they felt the mining was friendly and performing well for the community, they could vote for an increase. This would give the community some real influence and responsibility for DigiByte. Just an idea but one that would really help us stand out I believe.
At this juncture, I would support a supply reduction, it makes sense if we can’t increase the friendly mining at this time.
July 20, 2015, 01:43:31 PM
Looks like a lot of coins are following in guldencoins footsteps with the reward changes over longer time frame. Myraid coin also announced they reducing supply.
Reducing supply will be good for digibyte and not put so much pressure on existing users, as a miner I will be disappointed but I can go mine other coins to buy dgb and nlg with.
Reducing supply will be good for digibyte and not put so much pressure on existing users, as a miner I will be disappointed but I can go mine other coins to buy dgb and nlg with.
Yes, but we need the hash for the security, so you have to find a nice balance between rewards for miners and demand.
The price might double or triple if rewards are reduced short term and then it will balance out for good returns and rewards.
July 20, 2015, 01:38:07 PM
Looks like a lot of coins are following in guldencoins footsteps with the reward changes over longer time frame. Myraid coin also announced they reducing supply.
Reducing supply will be good for digibyte and not put so much pressure on existing users, as a miner I will be disappointed but I can go mine other coins to buy dgb and nlg with.
Reducing supply will be good for digibyte and not put so much pressure on existing users, as a miner I will be disappointed but I can go mine other coins to buy dgb and nlg with.
Yes, but we need the hash for the security, so you have to find a nice balance between rewards for miners and demand.
July 20, 2015, 01:06:24 PM
Looks like a lot of coins are following in guldencoins footsteps with the reward changes over longer time frame. Myraid coin also announced they reducing supply.
Reducing supply will be good for digibyte and not put so much pressure on existing users, as a miner I will be disappointed but I can go mine other coins to buy dgb and nlg with.
Reducing supply will be good for digibyte and not put so much pressure on existing users, as a miner I will be disappointed but I can go mine other coins to buy dgb and nlg with.
July 20, 2015, 12:52:04 PM
Introducing DigiReport Ep.#1: https://www.youtube.com/watch?v=QnK6ofo6RX8
Awesome
Looking forward to seeing them on a regular basis as you have planned.
And the DigiKnow series too!
Great stuff.
As for the reward reduction and 144 years . . . sounds like a long time . . . so long that it gives me the impression deep down that DigiByte is going to be here forever! And from that subliminal standpoint, I'm all for it! (Anything that reinforces the idea that DigiByte is here to stay has to be a good idea.) If it helps deal with selling pressure by the short term profit oriented miners, even better.
Now, you know me, and that I can't post without a suggestion or two:
Go to minute 5:11 of the DigiReport: DigiByte Core Team Projects.
- Can we get that somewhere on the DigiByte.co home page with hot links?
- Permanent and prominent links for the DigiReports and DigiKnows on the home page as well?
Again, great job Jared. You're the man!
July 20, 2015, 11:26:07 AM
Introducing DigiReport Ep.#1: https://www.youtube.com/watch?v=QnK6ofo6RX8
Looks great! What is that thumping noise in the back every so often though?
fingers tapping on the table i believe...
awesome video! that covers about everything. that's quite a number of projects. will you be hiring a few more people into the team?
anyway...i too am up for the reduction - 144 years.
this way, DigiByte will position itself a lot more closer to be side by side with Bitcoin. "1:1000 ratio with Bitcoin, better for micro transactions." Are there any other altcoins that does this btw? that the total supply will be mined in 144 years?
Jump to: