Topic: Digital Gem Token Discussion - DPOS Store of Value Crypto - Mainnet 100% Live (Read 264 times)

Digital Gem Token runs perfectly, even in a bear market =)

The mainnet has been running for a month and it's going strong, cheers =)

Bump

That's a very valid point fullhdpixel as there are many people who love Bitcoin and that is perfectly fine.

We are in favor of Bitcoin and other cryptocurrencies, but we just want to point out that Digital Gem Token is much faster (8 second block time), more scaleable (higher TPS) and more energy efficient (Less energy consumption) than Bitcoin.

The reason why we are comparing ourselves to Bitcoin is because we are entering into a time of resource scarcity and we feel that the world would be a little better off with an alternative that does not consume as much energy as entire countries.

Your project really have a very solid concept and I think it will really be useful, but if you have got to have people’s attention, I think you should know by now that bitcoin has really built a very solid name with a solid background, and people are not interested in other projects because they could beat bitcoin, no one cares about that.

You can just make your point clear without having to liken it with bitcoin, because it could piss off bitcoin communities who are so much satisfied with bitcoin services, and believe me, majority of users you need are right there in bitcoin community, so you have to look for another alternative to encourage them to try your product out, which should be order than the comparison. I would rather prefer you compare it with other altcoins in the market.

We are now listed in the Ark Directory - https://arkdirectory.com/ecosystem/ =)

We now have 27 delegates and 73 people in our discord community, way to go everyone!

Reserved

Greetings everyone and we want to send you a warm hello at Digital Gem Token.

http://www.digitalgemtoken.com/

Our mainnet just went live on 6/2/2019 and right now we have three forging delegates and two more scheduled to join.

Digital Gem's vision is to be a store of value just like Bitcoin but with DPOS (Delegated Proof of Stake). As of right now, Digital Gem Token is faster (8 second block time), more environmentally friendly (Less electricity usage) and more scaleable (higher TPS) than Bitcoin. Also, our inflation rate is 0.25% per year compared to 3% for fiat currencies so relative to fiat currencies, we are a great store of value.

Our inflation rate is not zero because we want to make sure that our delegates are well taken care of. We have a block time of 8 seconds and a 1 Digital Gem block reward every block that will continue forever. We feel that this economics set up will ensure network sustainability in the long run as the delegates maintain the ledger and they won't do it for free as there are hardware costs (hard drive updates, better cpu, etc) and we feel that 1 Digital Gem per block or 0.25% inflation per year, will incentivize delegate nodes to keep maintaining the ledger forever.

Digital Gem's block explorer can be found at http://www.explorer.digitalgemtoken.com:4200/#/

Also, our token is integrated with the Ark Wallet so our network can be found using the Ark Wallet https://github.com/ArkEcosystem/desktop-wallet/releases

Here are the detailed instructions https://www.digitalgemtoken.com/wallet-faq but simply put, if you go to manage networks in the Ark Wallet and input our seed server address of http://138.197.133.81:4003 you can fully connect to Digital Gem.

Digital Gem is more environmentally friendly than Bitcoin because it is based on the Delegated Proof of Stake consensus mechanism rather than Bitcoin's proof of work consensus mechanism so, it uses 1,040.4 / 167,124,241 = 0.0000062253% of the daily electricity usage as Bitcoin.

Since we are based on the Delegated Proof of Stake consensus, we are much more scale able than Bitcoin. Bitcoin can perform around 7 transactions per second whereas Digital Gem can scale up to 100 transactions per second without a problem and that is a conservative estimate.

Also, we have a block time of 8 seconds compared to Bitcoin's 10 minutes. That means transactions are sent in 8 seconds at Digital Gem compared to 10 minutes for Bitcoin.

Digital Gem is open source and our entire source code can be found on github at https://github.com/digitalgemtoken

We are currently seeking delegates to forge with us. We have three delegates at the moment and two are scheduled to join so there are plenty of room right now for everyone.

We are offering to give 100,000 Digital Gems as appreciation for all those who join us as delegates.

Also, we are offering airdrops to all new users, just make a Digital Gem address, paste it below and 3000 Digital Gems will be airdroped to you to welcome you to our community. Alternatively, you can do the same on our Discord as it is where our community hangs out.

Our goal is to make Digital Gem Token as decentralized as possible so the more people knowing about us, the better.

Our Discord is at: https://discord.gg/hNcFgb3
Our Github is at: https://github.com/digitalgemtoken
Our Twitter is at: https://twitter.com/digitalgemtoken
Our Website is at: https://www.digitalgemtoken.com
Our Block Explorer is at: http://www.explorer.digitalgemtoken.com:4200/#/
Our Reddit is at: https://www.reddit.com/r/DigitalGemToken/

Feel free to comment and it is great to meet you all =)