regarding the matter on increasing block size, it seems that Bitcoin has decided to gradually increase its block size by doubling every 2 years. starting with 2016, it will be 8MB. more info here (10 days ago news though):
http://www.reddit.com/r/Bitcoin/comments/3aieuj/gavin_andresens_block_size_increase_code_8mb_cap/i would like to just highlight this: since Bitcoin is taking this path of increasing its block size, it is also in Digibyte's favor. Let's not forget that during the months of May and June, there was a heavy debate going on about Bitcoin's Block size. it's very important to know that whatever path Bitcoin is going to take, it can easily affect how altcoins will continue to be developed in the future, especially if its something concerning a core aspect of cryptocurrency itself. like Block Size. The coin developers know more than me on this. I can only make an intellectual guess.
With all the hype and anxiety about:
-- Greece
-- other coins' prices rising for the past 1-2 months
-- pump & dump stories still ongoing like vertcoin
-- lack of *great* news/updates about Digibyte's Development
-- and most particularly this one: HOW THE HECK IS DIGIBYTE'S PRICE STILL SO UNDERVALUED?
Let us not forget about 'DigiSpeed'.
Perhaps i should quote and further highlight on certain features about it:
Introducing ★★DigiSpeed★★ Hard Fork
What is DigiSpeed Hard Fork v. 4.0?
DigiSpeed will allow DigiByte to match Visa in transaction carrying capacity!
March 26th 20151) DigiByte block timing will increase from 30 seconds to 15 seconds.
2) DigiByte block size will increase from 1 MB to 10 MB initially, with built in future increases. 3) Custom block propagation code based upon Microsoft research will dramatically increase network efficiency.
4) DigiByte transaction capacity will increase from 140 TPS to 5800 TPS (
Visa averages 1736 TPS).
5) DigiByte reward will stay on track for 21 Billion DGB in 21 Years.
6) MultiShield will be improved even more to allow for even greater security (90% of 1 of DGB's 5 mining algos, plus 51% of others will be required for an attack) making MultiShield even more secure. it is difficult to be patient during this...growing phase. even more so when Digibyte's price has been on a down trend ever since 2 weeks ago. I have no idea how BIG or GREAT the next Digibyte update will be. But one thing is for sure - those who have been keeping tracked of Digibyte's Development pace for the past 1-2 years, when there's silence for a certain period of time...something must be cooking or brainstorming.
But haven't we all noticed something lately for the past 2 months? i have been witnessing more and more updates or work done for Digibyte, coming from the COMMUNITY itself vs Digibyte Team. This is something really positive. So let's not focus on Digibyte's price. because we already got some esteem stern eyes watching on that. I too wish i can make some profit from this soon, as Digibyte is one of my most invested altcoin.
But i always remind myself - Digibyte has always over-delivered and has never failed. In order to see this, you need to keep track of Digibyte's development and have a bird's eye view of it. don't just only look at days and weeks of progress or at only a few things about Digibyte. You want to know what is the latest publicly announced update regarding DigiSpeed? Here you go:
http://www.digibyteforum.com/index.php/topic,35.0.html?PHPSESSID=5m90ipmueo3tk6584q8bmth594