Post
Topic
Board Announcements (Altcoins)
Re: ★★ DigiByte ★★ [DGB] ✈ DigiShield ✔ v2.9.1 ✔ Help us test the multi-algo update!
by
HR
on 05/08/2014, 10:34:57 UTC

HR,

As always, beautiful insight. You have a way with words to put things very concisely in a pragmatic manner. We have arrived at the conclusion that what is tried & true is the best course of action in this modern crypto business. Why re-invent the wheel when it is already circular and rolls down the road to success just fine? Smiley

And there is that fine line between staying with the tried and true, and innovation. Some things, like the wheel, work so well that it's impossible to make them better; however, if we were to reject all innovation, we'd still be moving ox carts with oxen.  Undecided

This is the main reason why I'm always so quick to say, "this is just my opinion" - I know I am super conservative and probably about as close to the "stable" end of the spectrum as you can get, and that I do have a way of making a very strong and convincing case, that might not be, often isn't, at the end of the day, the best. Strong arguments have a way of stifling counterarguments that ultimately are absolutely necessary in order to reach 'equilibrium', so keep in mind everyone, these are just my ultraconservative ideas that desperately need your input as well. This is also why I suggest a slow but sure approach - algo change today, maybe payout adjustments tomorrow, probably a more advanced wallet before that, etc.

The algo change will get miners back on DigiByte, and I think that is paramount right now. Everything else with great care, lots of study and analysis, and even more due diligence.

Oh, and just to end with my main "extreme argument", DigiByte should look to be one of the few eventual standalone leaders in the industry, not DigiByte and, but just DigiByte. (and maybe I'm wrong)