5691
Groups - @OfficialDigiByteGroups
Hi guys I am working on a side project for Digibyte and need a chainstate snapshot of the Blockchain for quick sync of my node. Could anyone helpe with a chainstate snapshot?
Читать полностью…
If you believe dollar will dominate then yes
Читать полностью…
Here are some scenarios that could accelerate DigiByte adoption: Because DigiByte is technically superior to many older PoW chains—featuring 15-second block times (40x faster than Bitcoin) and 5 distinct mining algorithms to prevent centralization—certain structural crises could trigger massive adoption:1. The "Gas Fee Crisis" on Major Layer-1 ChainsWhen Ethereum or Solana face extreme congestion, transaction fees skyrocket or the networks temporarily stall. DigiByte’s architecture handles immense throughput with negligible fees (fractions of a cent). If Web3 applications or merchant payment gateways seek a highly reliable, battle-tested, ultra-fast alternative that has run uninterrupted since 2014, DigiByte scales better naturally.2. The AI Micropayment BoorSilicon Valley's massive push into autonomous AI agents requires a monetary rail. If an AI agent needs to pay another AI agent $0.001 cents for a line of code or a single API call, it cannot use Bitcoin (too slow/expensive) or centralized credit cards. DigiByte’s lightning-fast blocks and predictable fee structure make it a prime candidate for machine-to-machine, automated macro-settlements.3. The Threat of Quantum ComputingMost existing blockchains rely on cryptography that theoretically could be cracked once quantum computers mature. The DigiByte developer network has actively mapped out a quantum-proof cryptography upgrade on its long-term roadmap. If a breakthrough in quantum computing occurs and threatens the security of older chains, capital will instantly rotate into forward-thinking, quantum-resistant networks like DigiByte.
Читать полностью…
Well you are right and wrong, Jared would have nothing to do with any upgrades chief, also DigiByte does have a defi now with digi dollar, just not a complete one like sol or eth. Can it happen? Absolutely, but only with community support. the commenter misinformed?Yes and no. They are misinformed because DigiByte does not need Jared Tate to start from scratch. However, they are correct that DigiByte's ecosystem lacks the massive, fully integrated multi-tool suite seen on chains like Ethereum or Solana.Why they are wrong: DigiByte already has the core foundation of a native DeFi infrastructure. The DigiDollar ($DD) protocol successfully activated on the mainnet. This is a completely decentralized, on-chain stablecoin engine. It allows users to overcollateralize their DGB tokens inside the core wallet to mint a stable asset. Furthermore, third-party decentralized networks like Decred's own DCRDEX have already integrated DigiByte to allow peer-to-peer, zero-fee atomic swap trading without centralized intermediates.Where they have a point: DigiByte is a UTXO-based blockchain (built similarly to Bitcoin). It does not natively run complex automated market makers (AMMs), decentralized lending protocols (like Aave), or yield farms directly on its base layer the way EVM (Ethereum Virtual Machine) chains do. To have a complete DeFi ecosystem that mimics Ethereum, complex programmable layers still need to be expanded.──────────────────────────────────────────────────────┐
│ DIGIBYTE PROTOCOL UPGRADE PROCESS │
└────────────────────────────────────────────────────────┘
│
[Developer Submits Code / DBIP]
│
▼
┌─────────────────────────────────────┐
│ CORE WALLET RELEASE (v9.x) │
│ (Software includes the new code) │
└─────────────────────────────────────┘
│
▼
┌─────────────────────────────────────┐
│ BIP9 MINER SIGNALING WINDOW │
│ (Miners vote by mining blocks) │
└─────────────────────────────────────┘
│
┌──────────────────┴──────────────────┐
▼ ▼
❌ < 80-90% Consensus ✅ > 80-90% Consensus
(Upgrade Rehearsal/ (Code Automatically
Proposal Fails) Activates on Mainnet)
The Code Proposal (DBIP): A developer (which could be Jared, but is usually a core maintainer like Gary McKee or Yoshi Jäger) writes the software code and submits a DigiByte Blockchain Improvement Proposal.The Core Release: If the global developer community agrees the code is stable, it is included in a new official version of the DigiByte Core Wallet (such as the recent v9 releases).The Miner Vote (BIP9 Signaling): Merely updating the software does not activate the features. The upgrade is programmed as a soft fork using a consensus mechanism called BIP9 Signaling.Network Activation: To activate the code, the global network of miners must "signal" their approval. When miners configure their hardware to mine blocks using the new software version, it counts as a vote. Usually, between 80% and 90% of all mined blocks within a specific time window must signal "Yes" for the upgrade to lock in.This exact democratic process is how the DigiDollar protocol activated. It was shipped by developers, voted on by decentralized mining pools, and went live automatically on the blockchain once consensus was met.. Would building it go through Jared Tate?Absolutely not. Jared Tate is the original founder of DigiByte, but he does not control the network, own the code, or have the authority to unilaterally build or deploy a DeFi infrastructure.In fact, Jared Tate famously stepped back from day-to-day operations years ago. While he still participates in the community and vocally champions initiatives like using the DigiDollar for AI payments, he is just one developer among hundreds of global volunteer contributors. He cannot force code onto the network.3. How do upgrades actually work on DigiByte?Because DigiByte is completely open-source, permissionless, and decentralized, passing a major technical upgrade or adding further DeFi infrastructure requires a highly structured, democratic process:. The "Gas Fee Crisis" on Major Layer-1 ChainsWhen Ethereum or Solana face extreme congestion, transaction fees skyrocket or the networks temporarily stall. DigiByte’s architecture handles immense throughput with negligible fees (fractions of a cent). If Web3 applications or merchant payment gateways seek a highly reliable, battle-tested, ultra-fast alternative that has run uninterrupted since 2014, DigiByte scales better naturally.2. The AI Micropayment BoorSilicon Valley's massive push into autonomous AI agents requires a monetary rail. If an AI agent needs to pay another AI agent $0.001 cents for a line of code or a single API call, it cannot use Bitcoin (too slow/expensive) or centralized credit cards. DigiByte’s lightning-fast blocks and predictable fee structure make it a prime candidate for machine-to-machine, automated macro-settlements.3. The Threat of Quantum ComputingMost existing blockchains rely on cryptography that theoretically could be cracked once quantum computers mature. The DigiByte developer network has actively mapped out a quantum-proof cryptography upgrade on its long-term roadmap. If a breakthrough in quantum computing occurs and threatens the security of older chains, capital will instantly rotate into forward-thinking, quantum-resistant networks like DigiByte.
Something is built on Litecoin too..it will be catalyst for next run
Читать полностью…
Jared will maybe come to idea to make complete defi infrastructure on Digibyte?
Читать полностью…
User Louise has 1/3 warnings; be careful!
Reason:
Promotion of other groups/channels not allowed.
Please join DigiByte Price & Speculations 💭🔮📈📉 for price talk.
Читать полностью…
Please join DigiByte Price & Speculations 💭🔮📈📉 for price talk.
Читать полностью…
Everyone one that has a node should do a 10
Year lock. It helps the network puts $Digidollar in circulation. Let show the world we have true conviction
I need someone with a full node or a developer which TG chat should I consult
Читать полностью…
I dont think to many economists agree with you. I would give better odds on bitcoin then the US dollar. Though euro or yen is more likely
Читать полностью…
DigiByte Core v9.26.5 is a patch release on top of v9.26.4 in the formal
DigiByte v9 / DigiDollar mainnet release line, and it is the first release
after DigiDollar activated on mainnet.
https://github.com/DigiByte-Core/digibyte/releases/tag/v9.26.5
Because DigiByte is being developed and supported by a Core-team and Community (all non-paid volunteers), we can never commit to dates to accomplish future projects.
Therefore, please consider future projects to be flexible in time.
We have a DigiByte Pipeline instead:
DigiByte Pipeline
A list of items that we want to do for DigiByte, some with / without bounties etc attached, and others simply as a great way to cut your teeth on DigiByte.
Visit DigiByte Pipeline
DigiByte Monthly Updates
Here you can find what is currently being worked on and what has been accomplished on a month to month basis.
Visit DigiByte_Official">DigiByte Monthly Updates
Because DigiByte is being developed and supported by a Core-team and Community (all non-paid volunteers), we can never commit to dates to accomplish future projects.
Therefore, please consider future projects to be flexible in time.
We have a DigiByte Pipeline instead:
DigiByte Pipeline
A list of items that we want to do for DigiByte, some with / without bounties etc attached, and others simply as a great way to cut your teeth on DigiByte.
Visit DigiByte Pipeline
DigiByte Monthly Updates
Here you can find what is currently being worked on and what has been accomplished on a month to month basis.
Visit DigiByte_Official">DigiByte Monthly Updates
Here you can find all the DigiByte Telegram Groups.
Читать полностью…
Someone in the community will have to build it
Читать полностью…
User Anna Zelenka has 1/3 warnings; be careful!
Reason:
Promotion of other groups/channels not allowed.
Yes and for only 1 million digi byte you can be in the top 1 percent. For 300k you will be in the top 2-3 percent. This will get eaten up real quick by whales who understand. Ez 5 billion mc to start. If institutions start using for personal loans DigiByte could literally be in the top 10 of crypto. In my opinion. 🚀
Читать полностью…
The Beautiful thing is you can repeat this process and reinvest all you profit to mint more digi dollar creating an everlasting side income. And you never have to sell your Digi byte! 🚀 ❤️ 💙 💜
Читать полностью…
Here's why I like the Digi Dollar, you may not know this yet but hopefully you do, you can sell your digi dollar at profit to those looking to pay back their loan: How the Mint & Arbitrage Loop WorksMinting: You lock your $DGB in a non-custodial time-lock. Because DigiByte operates on a UTXO architecture, your collateral stays locked for a pre-determined duration. The protocol mints equivalent $DD (pegged to $1 USD) directly into your DigiByte Core wallet based on a real-time price oracle.Selling for Arbitrage: You sell these minted DigiDollars on the open market (e.g., decentralized or centralized exchanges) to buyers who want to hold a USD-pegged asset.The "Percentage" / Profit Mechanic: Because the stablecoin market fluctuates, an arbitrage opportunity arises when you can mint $DD using your \(DGB collateral at the pegged rate, but the market price of\)DD fluctuates or trades at a slight premium on open exchanges. You take this profit and use it to buy more $DGB, accumulating a larger underlying position.Key Benefits of the SystemNo forced liquidations: Unlike other DeFi platforms, there is no automatic margin-call liquidation engine. The DGB is locked for the agreed-upon period.No counterparty risk: You do not rely on a company (like Tether/USDC) to hold reserves, so your collateral can never be frozen or blacklisted.Scarcity effect: Locking $DGB removes coins from the circulating supply, which can positively impact the price of your remaining DGB holdings as more people utilize the stablecoin.
Читать полностью…
Less DGB for collateral, but the most conviction. The best for $Digidollar. The best for the blockchain. Imagine unlocking 100,000 DGB 10 years from now for $350 Digidollars, and the DigiByte price is $5 per DigiByte or more!!!
Читать полностью…
Just under 14 million is currently locked not billion. It's a good start though.
Читать полностью…