Jared Tate, blockchain expert and the founder of DigiByte. However, Tate also notes that many of the current resource sharing platforms are PR projects that will never scale.
“The majority of projects out there won’t be around in 5 years. Most of the projects don’t even have working software, just a white paper and some fancy graphics on a website,” Tate says. Some users evaluate projects by examining the market cap alone, which Tate believes is the absolute worst way to gauge a projects long term viability. “So many market caps are artificially inflated by developer pre-mines or deceptive coin counts,” he warns.
Okay let me try to explain.
When you buy and hold a asset considered it as staking.
But stacking some times means prove of stake, that's how new coin is minted.
The simpler way to explain pos is like when you have that certain coin in someway you gonna have chance to get the new minted coin.
But dgb yg minted through mining.
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Hey DGB lovers , holders , traders and miners . DGB is my favorite project in the entire crypto space since iv been in crypto . I recently found this on a forum , as I don’t know much about the intricate workings of code or mining I would like y’all to check out what I found on a forum below and explain what I have found on the forum , here it is ........ Bullshit DGB hasnt hyped shit in the past? When the fuck did you buy it last week? DGB had repeatedly done hype shit. (Gaming, etc.) And the more Jared Tate opens his mouth on Twitter the more he looks like an idiot.Myriadcoin was the first 5 algo currency. Period. And to this day it is still the best. And most secure.DGB didnt innovate shit. DGB USED Myriads code to become Multi Algo. DGBs blockchain is the longest in existence because the miners are constantly looking to just mine new blocks as fast as possible. Which will be a problem because nobody will want to host a node.With the fact that the miners are looking to find new blocks so quickly, The 15 second block speed is a major security risk that can be xploited. It WAS premined, regardless of what the shills on DGBs forums will say.I've been in industry since 2010.
All known DGB mining pools, wallets, exchanges and payment providers that carry DigiByte have been contacted directly in May and also via twitter to inform them that they must upgrade their DigiByte Wallet to version 7.17.2 befofe the 19th of July for the Odocrypt upgrade. Any user complaints about not able to mine, send or receive DigiByte, must be directed to the support of the service with the request to upgrade their DigiByte wallet.
An important message to all users of the DigiByte core wallet and third party services like mining pools, exchanges, payment providers and wallets. The DigiByte network is expecting an important upgrade to version v7.17.2 on the 21th of July 2019. You need to upgrade your DigiByte core wallet before that to make sure you can send and receive DigiByte after the upgrade. If you don't upgrade, you will not be able to send and receive DigiByte until you have upgraded your DigiByte core wallet to v7.17.2. This has been extensively and repeatedly communicated in all channels multiple times in the last few months. Also all mining pools, exchanges, payment providers and third party wallets have been personally informed and on social media multiple times to upgrade in time. There is absolutely no excuse from any party if they they not have upgraded yet. Of course a lot have done so, read here the known ones: https://www.dgbwiki.com/index.php?title=Main_Page Any mining issues and issues with sending and receiving DigiByte to and from third party services must be replied to them directly with the request to upgrade their DigiByte core wallet ASAP. Also be aware that we have changed the RPC calls to BTC Core 0.17 from version 6.17.2. So if you run an older version than v6.17.2, you also need to upgrade the RPC calls: https://medium.com/@josiah_digibyte/technical-new-address-formats-and-rpc-calls-c1119317a76c Here is the source for the DigiByte core wallet upgrade to v7.17.2: https://github.com/digibyte/digibyte/releases
Odocrypt is active! The newest mining algo in blockchain has successfully arrived w/ DigiByte! 1st odo block mined 9,112,320: https://digiexplorer.info/block/906b712a7b1f54f10b0faf86111e832ddb7b8ce86ac71a4edd2c61e5ccfe9428Important information for people who are using the Android & iOS DigiByte wallets: https://medium.com/@josiah_digibyte/odocrypt-upgrade-for-android-ios-apps-3d7be032fc25
How is it different from pow with miners with more hash power? At least holders won’t dump into the market. They have an incentive to hold with pos. I could spend thousands on mining equipment today or just straight up buy Dgb instead. The better choice is to buy Dgb rather than mine at current prices. That’s why my gpu rig is pointed at other places because it’s not worth it to mine Dgb. I participate into the dgb economy by buying Dgb straight up instead of mining. Pos gives people with any Dgb (large or small) incentives for being part of the Dgb economy. I think 1/5 of the algo could use pos, not all algo. One pos algo takes 20% away from miners who dump into the market to cover cost of electricity
even if it is 1 algo among 5? which can lead to staking which takes away most of the DGb from exchanges into long term wallets. Exchanges wil also list it, as holding it is rewarded.While rich won't get richer as other algos are also there which will share the rewards of mining.
Guys don’t forget the [email protected] event is sill going on! 515 assets still left! With DGB prices as low as they are and mining payouts getting better these won’t last long. Remember you never make the shots you don’t take! Don’t miss out!!!!
A beautiful day to start the week! Don’t forget amazing prices are still going for the [email protected] event. Thats 550 mining.digibyte.rocks assets for 550 DGB each listed on digi-broker.com by @drrodrix dont miss your change there are 453 assets left. I have 159 of my asset listed there for 625DGB each as well! you’re always welcome to by at my price 😂
I know it’s Taco Tuesday people but Don’t forget amazing prices are still going on for the [email protected] event. Thats 550 mining.digibyte.rocks assets for 550 DGB each listed on digi-broker.com by @drrodrix dont miss your change there are now 443 assets left. If you don’t know how to mine or just don’t want to do it yourself this is a great option to be part of mining!!! Get some before they are all gone
Happy Humpday everyone! Nothing better than a good day of mining payouts to get over that Hump! Don’t forget the 550 @ 550 event is over this Sunday. There are still 441 mining.digibyte.rocks assets left on digi-broker.com that are being sold by @drrodrix get yours before they are gone!!!
🎃 It’s Halloween people!!🎃 You don’t have to be scared of 👻 today because @drrodrix is here with the [email protected] event to save the day. That’s right!!! that’s Mining.digibyte.rocks assets for 550DGB each. There are 372 assets left on digi-broker.com and you still have your chance to get your first or add more to your stack. Remember the event ends this Sunday so get some before they are gone. If you have questions about what these assets are please check out the website and join the telegram and your questions will be answered. Be safe today! And if you have kids keep them close!
Last day people! Your last chance to pick of some mining.Digibyte.rocks at an unbelievable price!! That’s 365!assets left at 550 DGB form the [email protected] event. Got to digi-broker.com to get yours now!!! Last Call!!! Don’t be the fool that missed his chance to be cool 😉
The deals keep getting better and better. @Drrodrix is selling Mining.digibyte.rocks assets again at the best price seen to date!!! On top of that, for every 10 assets you buy you get a chance at the 30 asset lotto giveaway. The lotto is happening New Years Eve no matter how many assets are sold!! Remember to buy at least 10 or in multiples of 10 to get your chances in the lotto!! Let the fun begin!!
Thirsty Thursday is here again and if you’re thirsty for some mining.digibyte.rocks assets I have great news for you! The raffle event that @drrodrix is hosting is still happening! Remember to Buy in multiples of 10 because every 10’assets you get another chance to get some free assets before the end of the year or once all assets are sold! Go get your assets now at digi-broker.com!!
Ladies and gents!! Happy Tuesday to everyone. Don’t forget that @drrodrix is still having his last sale event of digibyte.mining.rocks assets on digibroker.com for 540 DGB per asset. Remember to buy in multiples of 10 as every 10 assets gets you a chance at winning some free assets. The drawing will be done on December 31st or once all assets are gone!!!
Ladies and Gentlemen another SundayFunday in the books!! Don’t forget @drrodrix still has mining.digibyte.rocks assets for sale on digi-broker.com at the amazing price of 540 DGB per asset!! Over 300 have sold so far. Remember to buy in multiples of ten as each 10 assets bought with the same wallet gets you a chance to earn some free assets on lotto on New Years Eve or when all assets are sold!! Don’t wait too long and go get yours today!!!