Can the Digibyte Project Sell Itself?

By Rudy Bouwman 

Chief Marketing Officer & Core Member DigiByte, Co-Founder DigiByte Awareness Team. Contact: rudy@digibyte.io


We all know, and if not, we need to know, that DigiByte was never an ICO and there is no company behind it. This means there are no full-time paid employees but all non-paid volunteers working on the DigiByte project. This also means there is no big money for paying developers (however there are some DigiByte bounties available from Foundation) and there is no money for a big marketing push. This means DigiByte is mainly depending on influencers, companies, and exchanges that like to support and help DigiByte for free. If any money is needed then funds need to be raised by the community. With no company behind it also means DigiByte doesn’t have paid products or copyrights, but everything is free to use and free to copy. Question that arises then is, can an amazing good project like DigiByte, with a clear edge over any other blockchain, just sell itself? The answer is not just a simple Yes or No.


Having this knowledge, I would like to start to say, there should be no reason to have any critisism on anyone working on DigiByte. No one can be blamed anything, but only be respected for what he or she is doing or at least trying to do for DigiByte. If someone is complaining or thinks he can do better, I would encourage that person to act now, become part of the DigiByte community and start working on the project. If people were getting paid, then it would be a different story of course. If someone is not performing good enough for whatever he is getting paid for, then there is a good reason to kick his ass or to criticize. This is not the case with people working on DigiByte. If people don’t like the way DigiByte is supported, and consider this to be a negative point, then they should not invest in it, but looking for another project.


In my opinion there are multiple benefits for the way DigiByte is supported. It’s unique and unlike any other project or company because all people involved in this decentralized community and working on DigiByte are, without any exception, all very dedicated, passionated and even maybe some (me included) are obsessed about DigiByte. 


Not being an ICO means no central leadership or authority but also means no risk of dealing with people that only care about money making, or people with wrong intentions, or people that not really care about the product (if there is a working product anyway). With DigiByte this is just impossible. DigiByte is supported by people believing in it’s proven and tested technology and the further development, and are working hard together to create awareness and adoption around the globe. 


To accomplish that, DigiByte needs the best community and the good thing it has the best community. DigiByte is not a project to hype or to pump, but it will see an organic growth: in acknowledgement, use-cases, and in value.


There is however one issue when being a decentralized community working on DigiByte. When reaching out to companies to discuss an integration of DigiByte, it is hard for companies to understand the decentralization, or at least they don’t know how to deal with that. They expect leadership, authority, and they would like to speak to skilled professionals in certain positions and are expecting it all to be well organized. 


That’s where the DigiByte Awareness Team (DGBAT) comes into play: an organized part of the community. Consider it to be the ‘company’ behind DigiByte, supported by the Foundation and the community. The DGBAT ‘company’ consists of self-entitled skilled professionals with day time job experiences that can be applied in today’s activities for DigiByte, like trying to sell DigiByte use-cases to companies. But remember, all being done by non-paid and mostly part-time volunteers, limited in their activities and possibilities because of their available time and the lack of money for huge advertising or campaigns, but, maybe more important, they are all equipped with two strong tools: passion and dedication. That passion and dedication by the DigiByte community is by far the best in this crypto-space and is being noticed more and more by many others.


So, no need to have too high expectations, or even any expectations at all, of anyone working on DigiByte, and therefore there is no reason for any criticism. Just trust the dedicated, hardworking community members to apply their skills and experiences the best they can with their best intentions, and therefore we all should just show respect of what all are doing and manage to accomplish. If you are a member of the DigiByte community just be proud, humble, show respect and be tolerant. If you think you can do things better: just step up and start working. If you want to become part of the DigiByte community there is no application required, and nothing that could stop you joining us.


Can the DigiByte project sell itself? Yes, it can but not without the amazing community.


Act now, start today by joining us on Telegram and Twitter

Join telegram and start sharing your thoughts: https://t.me/DigiByteCoin

Follow DigiByte on Twitter: @DigiByteCoin

DIgibyte

Apple Test Flight No More: Digibyte Mobile APP Now Officially on IOS.

Digibyte IOS APP


by Devon C. 


For contact with DigiByte, contact Rudy Bouwman, CMO at DigiByte. rudy@digibyte.io


In over 53 languages, taking up about 30.0 MB of space, the DigiByte App is finally officially here on iOS. Having already been successfully released on Android; now it’s moved from Apple’s “TestFlight” to the official AppStore where anyone can download it. This will allow millions to store/send/receive DigiByte and use the built in Digi-ID authentication feature (which I’ll get more into later in this article). After about 8 months of active development, the DigiByte development team has exemplified an unparalleled work ethic in creating the best mobile cryptocurrency wallet on the market. Our dev shave previously released many desktop versions which allow you to run a full node of the blockchain with only a ~10 GB download. This is much smaller than a bitcoin node, thus one of the reasons for DigiByte’s great distribution and decentralization.


Without getting into specific metrics, it should be stated that the DigiByte App is an unbelievably user-friendly experience. It all melts together seamlessly. The app reminds me of an Italian supercar: marvelously smooth on the outside, yet tremendously complex under the hood.


Though hardware wallets (or cold storage) are touted by many as the safest way to store your cryptocurrency, it could be argued that the DigiByte mobile wallet is just as safe. So long as you have your 12-word seed backed up offline and preferably on paper in a safe location. According to one of the app’s top developers, it’s recommended to only keep as much money as you would a normal leather wallet on the DigiByte app. Though you could theoretically keep millions of dollars’ worth of DigiByte on it if you wanted, however, it’d be safest to remove the download and backup the wallet with the seed at that point to prevent theft from potential onlookers.



To crack it open the DigiByte App you’d need:

1. The PIN to the phone

2. The PIN to the DigiByte Wallet



Sounds easy enough, right? Gaining access remotely is nearly impossible, assuming your phone isn’t “jailbroken”, given the serious encryption modern smart phones use.


Let’s assume you give your phone to your friend, just to see if she could gain access to your DigiByte App. iPhone Lock Screen: 6-digit PIN = 10⁶ possible combinations. That’s hard enough to crack. Now for the DigiByte App: 6-digit PIN = 10⁶ possible combinations. In total, that’s 10⁶ x 10⁶=10¹² possible combinations, or one quadrillion possibilities to crack open the phone. Remember there are also a limited number of attempts allowed!


What would it take to crack the private key(s) linked to your funds, or to crack the pass phrase? That would require a quantum computer of unknown magnitude, a topic Jared Tate, the founder of DigiByte, is well versed in. Jared acknowledges that quantum computing could eventually disrupt bitcoin, but a solution to the issue won’t be a priority until the Qubit count gets to threatening levels.


Just know that for now, as long as you don’t share your private key(s) or pass phrase, your funds are uncrackable by even Google’s quantum computers.


The ability to send, store, and receive DigiByte has never been easier. DigiByte transaction fees are currently $0.0001/transaction (that’s the mining fee). DigiByte is a mineable, decentralized coin which launched without an ICO in 2014. It’s built on a UTXO blockchain, similar to Litecoin or bitcoin in that respect.


Blocks are timed at 15 seconds, meaning every 15 seconds you’ll have a confirmation of the transaction. That’s the time it takes for a new block to be found. when a new block is found, compared to every 10 minutes for bitcoin, or every 2.5 minutes for Litecoin. Transactions only take a couple seconds at most to see on the receiving end. DigiByte is at 560 transactions per second (TPS), scaling to ~280,000TPS by 2035 when all 21 billion coins are estimated to be mined.


DigiByte Wallet Speed Demo (Android/iOS): https://youtu.be/vXAjMzDus2U


The DigiByte App is backed by some serious technology, mainly being the blockchain itself. The DigiByte blockchain uses real-time mining difficulty adjustments, compared to bitcoin’s two-week difficulty adjustment. DigiShield is central in mitigating the risk of a centralized hashing entity overtaking the DigiByte blockchain. DigiShield technology is currently used by Bitcoin Cash, Z Cash, Dogecoin and others. DigiShield constantly re-targets a coin’s mining difficulty across 5 algorithms to allow for ASICs to mine alongside GPUs. It allows for better decentralization, preventing 51% attacks and copious amounts being mined all at once. In other coins this lag in difficulty readjustment could allow for large amounts to be mined before anyone has any idea what’s going on!


The DigiByte App isn’t only involved in finance, though, as it offers Digi-ID for free! You don’t have to own or store any DGB coins in your app to use Digi-ID. But what is Digi-ID? This technology removes the necessity for passwords, usernames, and two-factor authentication (such as the Google Authenticator). Thus, alleviating the stress of remembering and storing passwords, and more importantly the possibility of identity theft.


Intro to Digi-ID: https://youtu.be/pLrQycud5GI


“Digi-ID is an authentication method based on the security of the DigiByte blockchain. This allows youto log into a website, application, building security and more by simply scanning or tapping on a QR code. Digi-ID does away with the need for usernames and passwords, and can be used tocompliment them for additional security.” Digi-ID.io


The exact science of Digi-ID is rather complex, so I won’t get into the specifics for the sake of time. In essence, a single use QR code is displayed by the website (assuming it has embedded a Digi-ID plug-in, available here: https://www.digi-id.io/integration.html) which your phone’s built-in QR scanner willread using the DigiByte App. Your phone will then send the website some data to authenticate yourlogin, using the same method (public address + private key combination) that the DigiByte blockchain already utilizes. All of this takes about a second once you enter your PIN on your DigiByte App tolegitimize the login on your end (adding yet another layer of security).


Please remember, though, that Digi-ID addresses aren’t designed to store DGB, so don’t send anyfunds to them, as they won’t show up on the blockchain.

Conclusion: The DigiByte App is a wonderful user experience. Not only does it present a new way to safely, quickly, and cheaply send your money on the go, but it also brings a revolutionary authentication system that can be easily implemented by any website. DigiByte constantly strives to underpromise and overdeliver, and the DigiByte App is no exception.


Digibyte IOS APP


by Devon C. 


For contact with DigiByte, contact Rudy Bouwman, CMO at DigiByte. rudy@digibyte.io

Digibyte Coin