Re: ★★DigiByte|极特币★★[DGB]✔DigiByte Gaming

mining is not so good now

Mining is the life blood of DigiByte and is always good as it is active membership of the community. Digibyte has 5 algorithms to mine on, a cpu would probably fair better on one that isnt dominated by ASICs. Only the miners can cut off the supply of new coins or indeed release them all. If you do not mine you contribute nothing to the control of the supply of the coin. Its true that many people mine for instant profit but community members also mine or should mine to protect their investment. So any mining is good!

We would love to get some updated mining feedback from people. What is working and what is not. As mentioned by Jumbley DigiByte has 5 separate mining algorithms. Each other counts fo 20% of new blocks mined. Sha256 and Script are mined by Asics.

We would like to get feedback as to the success people are having on Skein, Groestle and Qubit.

Last week was a great week for DigiByte! We have met with a lot of major institutions. This process is a slow one as a lot of talking to the involves educating them. The gist is we are positioning the benefits of DigByte as a public chain to them. Everyone wants a private centralised system, but the reality is only a public decentralised chain provides the security that "blockchain" has become synonymous for.

I would like to invite everyone to post any questions they may have here and I will answer them over the next few days. Thanks again everyone for being such an awesome community! DigiByte on!

- Jared

Thanks for the update, so here are my questions;

- Do you agree that it's not very handy to have a wallet that is 10 gigabyte? Will that change in the future? will there be a lite client?

- Can you tell us a little more about updating the code protocol? Will you hire external expertise to make sure the whole system runs nice and smooth?

I think you are doing a great job, the whole picture makes sense and on paper should definitely succeed, however I think DigiByte tecnology needs to get updated as well Wink

he told you to wait for the update. please be patient

Quote from: DigiByte on May 17, 2016, 01:34:03 AM

Everyone,

We have several ongoing discussions with many influential groups across the globe. When the time is right and we have something substantial to announce we will.

In the meantime we will be focusing on several protocol enhancements such as bringing our code base on par with 0.12 and more.