DigiByte Re-poster

The protocol automatically removes the time restriction as soon as a DigiDollar lock reaches its designated expiration date. At this exact moment, your secured $DGB is ready to be spent once more, and absolutely no outside parties intervene in the process. Following the release, the individual in possession of the keys retains complete authority over the next steps. You are entirely free to either redeem those DigiDollars or simply allow them to remain active in circulation.

Прошло ровно пять недель с момента официального запуска DigiDollar в основной сети (mainnet), и мы хотели бы поделиться подробным обновлением текущих системных показателей. На данный момент всего отчеканено 73 436 DigiDollar. Эта обращающаяся эмиссия полностью обеспечена 64 616 148 $DGB, удерживаемыми в виде залогового обеспечения с блокировкой, что соответствует надежному коэффициенту обеспеченности 429%.

Чтобы дать контекст этим цифрам: протокол работает со строгим минимальным порогом 100% и устанавливает 150% в качестве целевого уровня для здоровой сети. Поскольку наш текущий показатель превышает 400%, каждый DigiDollar, находящийся сегодня в обращении на рынке, обеспечен более чем в четыре раза.

Возможно, вы задаетесь вопросом, почему этот коэффициент обеспеченности сейчас настолько высок. Ответ заключается в том, как протокол масштабирует требования в зависимости от срока блокировки. Участники, выбирающие краткосрочные блокировки, должны внести больше залога, тогда как те, кто фиксирует долгосрочные блокировки, обязаны предоставить меньше. Кроме того, поскольку все позиции блокируются по времени, а не подвергаются маржин-коллам, структурная целостность системы никогда не зависит от ликвидаций, чтобы оставаться стабильной.

Наконец, есть еще два дополнительных показателя системы, которые дают ясную картину состояния сети. Динамическая корректировка залога (Dynamic Collateral Adjustment), обычно называемая DCA, в настоящее время составляет 1x. Этот показатель означает, что протокол работает нормально и не требует от пользователей предоставления дополнительного залога сверх стандартных уровней. Кроме того, уровень экстренного выкупа полностью неактивен, подтверждая, что в данный момент не действуют никакие антикризисные правила.

A robust foundation has successfully supported twelve years of continuous operation across the network. Because of this reliable architecture, participants never need to depend on a third-party server to verify collateral or assess the state of the chain. Instead, each individual $DGB full node conducts its own checks to authenticate every transaction as well as every DigiDollar lock. Consequently, as a larger number of nodes maintain an active online presence, the strength of this independent verification process continues to grow.

Traditional passwords continue to be the most vulnerable component of standard digital networks. Not only do users frequently recycle them across different platforms, but these credentials are also regularly exposed in security breaches. To make matters worse, every website you access must store your password on a server, leaving it susceptible to future cyberattacks.

Fortunately, an innovative solution called Digi-ID has been provided by DigiByte for several years.

Instead of typing credentials, a website simply presents a QR code for you to scan via your digital wallet. You then authorize the login using your fingerprint or a PIN. At this point, the wallet securely signs the access request using a cryptographic key that is permanently kept on your local device. The website authenticates this unique signature and instantly grants you access.

With this approach, you do not have to memorize anything, and websites have zero login data to store on their end. The authentication tool never collects your name, date of birth, or phone number, which means none of this personal information is ever transmitted during the process.

In addition, the system generates a distinct address for each individual website. This prevents separate online services from comparing user records to realize they are interacting with the exact same person. For your financial peace of mind, this specific login address is kept completely separate from your actual cryptocurrency coins.

Despite offering such a robust security system, the vast majority of participants within the crypto community have not yet heard about it.

To understand how network payments are finalized, it helps to know that a block is essentially an agreed upon batch of transactions. When you send funds, your payment is immediately broadcast to the system, yet it remains unsettled until it is officially included within one of these batches.

Because the majority of platforms wait for a few blocks to pass before considering a transfer to be completely final, the speed of block creation makes a very real difference. While Bitcoin requires roughly 10 minutes to generate a block, DigiByte accomplishes the same task in just 15 seconds. When using $DGB, your total wait time drops to under a minute. In contrast, waiting for confirmations on a 10 minute chain usually takes closer to an hour. This practical gap feels very much like the difference between buying an item directly in a shop and having to wait for a traditional bank transfer to clear.

There is, however, a natural tradeoff to this efficiency. Having faster blocks simply means the network produces a lot more of them. Now twelve years into operation, that accumulation has resulted in over 23 million blocks, making it a chain that requires real work to store properly.

Users can now access $DGB through @FlashiftApp. Please keep in mind that this platform is an independent third-party service and is neither developed nor managed by DigiByte. For this reason, we highly recommend starting with a modest transaction to familiarize yourself with the process.

Rather than operating as a direct exchange or taking custody of your crypto assets, Flashift functions as a swap aggregator. The system searches across various service providers to present you with multiple routing options and their corresponding rates, leaving the final selection in your hands. For instance, a swap from USDC to DGB returned exchange quotes from both Changehero and Quickex.

The transaction process is quite straightforward. You begin by choosing your trading pair and selecting a preferred route. Next, input the destination DGB address where you wish to receive the funds, confirm the details, and submit your payment. From there, you can easily monitor the progress of your swap as the status updates from confirming to exchanging, followed by sending, and finally finished.

There are a couple of crucial details to note before you initiate a swap. First, the exchange rates displayed are floating rather than fixed. The initial number you see is a market-based approximation, meaning your final received amount might vary slightly by the time your transaction is completely confirmed. Second, although the system labels the refund address field as optional, you should always provide one. Providing a return address ensures your assets can find their way back to you safely in the event of a failed swap or if your deposit falls outside the limits established by the provider.

If you decide to give the aggregator a try, we would love to hear about your experience. Feel free to share details such as the exchange rate you secured, the total time the process took, or any confusing aspects you might have encountered. We will gather your insights and share all useful feedback directly with their team.

The process of adding transactions to a blockchain is known as mining. During this procedure, computers race to crack a complex mathematical puzzle, which is formally referred to as an algorithm. The first computer to find the solution earns the right to attach the subsequent block and receives a reward for its efforts.

While the vast majority of cryptocurrencies, including Bitcoin, rely on a single algorithm, $DGB takes a highly unique approach by utilizing five of them simultaneously. These consist of SHA-256, Scrypt, Skein, Qubit, and Odocrypt.

Every algorithm manages approximately a fifth of the network blocks, and each one is optimized for a different kind of hardware. For example, the specialized chips designed specifically for Bitcoin are utilized for SHA-256, whereas standard graphics cards perform much better on the alternative puzzles. Meanwhile, Odocrypt is tailored for FPGAs, which are essentially computer chips capable of being reprogrammed. To ensure that nobody can manufacture a device exclusively dedicated to Odocrypt, the algorithm completely rewrites its own puzzle every ten days.

Because a new block appears every 15 seconds on the network, this workload distribution means that each individual algorithm yields a block approximately every 75 seconds on average.

You can think of this network security model as a building protected by five distinct doors, each requiring its own separate key. Even if you happen to own every single copy of one specific key, you will still be left standing outside the other four doors.

Мы официально запустили работу и теперь полностью функционируем.

Мы рады сообщить, что официальная демонстрация DigiDollar Lock для $DGB запланирована на 25 августа. Вы можете ознакомиться с полными подробностями предстоящего события DigiByte благодаря @tradingview, перейдя по ссылке ниже.

https://www.tradingview.com/news/coindar:385b068e4094b:0-digibyte-to-demonstrate-digidollar-lock-on-august-25th/

У нас есть несколько удивительных сетевых статистик, которыми сегодня мы хотим поделиться со всеми! На данный момент всего в надежной блокировке находится 62,7 миллиона $DGB. Кроме того, ликвидность #DigiDollar в настоящее время составляет $67 000+. Самая невероятная деталь заключается в том, что сетевое обеспечение сохраняет показатель 400%. Эти цифры просто потрясают. Не стесняйтесь ознакомиться с подробными данными прямо здесь: https://digibyte.io/ddstats

Когда речь идет о долговременном успехе, блокчейны, ориентированные на реальную пользу, однозначно лидируют. $DGB

The network overcollateralization currently stands at 378%. This is supported by a total of 61 million $DGB that are safely locked up, which supplies more than $66,000 in #DigiDollar liquidity. Feel free to review the complete statistics at your convenience by visiting https://digibyte.io/ddstats

Понимание структурной основы децентрализованного доллара #DigiDollar $DGB @billyonair_ID

Исследуйте четырехуровневую систему защиты, созданную для #DigiDollar и $DGB.

На следующей неделе во вторник мы проводим X Space, где известная платформа @QuickEx_Tweets выполнит реальную блокировку DigiDollar в режиме реального времени. Это прямое мероприятие создано, чтобы дать вам практическое понимание того, как именно работает система. Нам интересно узнать, усиливает ли просмотр того, как QuickEx использует эту функцию, ваше желание узнать больше о DigiDollar и механике технологии timelock.

Стоит спросить, предоставляет ли используемая вами блокчейн-сеть выделенный клиентский кошелёк (core wallet). Без этого необходимого программного обеспечения сложно понять, смогут ли отдельные пользователи действительно осуществлять независимое хранение своих цифровых активов. К счастью, $DGB официально предоставляет именно эту функцию.

At 1 PM ET on Tuesday, August 25, @QuickEx_Tweets will be showcasing real conviction on-chain, and you are warmly invited to experience the entire operation as it unfolds. We are hosting a completely transparent and verifiable live demonstration that covers every phase of the procedure, taking you seamlessly from the initial swap to the final lock and mint.

During the broadcast, we will start by purchasing $DGB via QuickEx and subsequently withdrawing those funds directly to DigiByte Core. After taking receipt of our Core-to-Core contribution, we will securely lock up the collateral for a period of one year. The presentation will then culminate with the minting of exactly 100 DigiDollars. So that you can track our progress and verify every step in real time, we will be publishing all relevant screenshots and transaction records the very moment they happen.

Please join us for an upcoming live X Space where we will be hosting @EdgeWallet. Representatives from both the Edge and DigiByte teams will come together to converse about several important subjects. Throughout the broadcast, we will examine the principles of self-custody, privacy, and security, as well as provide practical insights into managing $DGB using the Edge Wallet. Listeners can also expect to hear the latest updates concerning the DigiDollar and DigiByte ecosystems, along with a thoughtful exploration of potential avenues for an expanded partnership between our projects. To conclude the event, we will open the floor for a live Q&A session with the community. Make sure to save the date for Friday, August 21, starting at 1:00 PM PST, which corresponds to 4:00 PM EST.

Пожалуйста, сохраните дату для увлекательного live-мероприятия X Space, где мы будем рады приветствовать @EdgeWallet в качестве нашего особого гостя. В пятницу, 21 августа, в 13:00 по ET представители команд Edge и DigiByte сядут за подробный разговор.

В ходе нашей беседы мы рассмотрим ключевые аспекты самостоятельного хранения (self-custody), конфиденциальности и безопасности в цифровом пространстве. Также мы предоставим самые свежие обновления по экосистемам DigiByte и DigiDollar, объясним процесс управления вашим $DGB с помощью Edge Wallet и рассмотрим возможные перспективы для более глубокой совместной работы между нашими проектами.

После основных тем мы откроем эфир для живой сессии вопросов и ответов от сообщества (Q&A). Мы очень тепло приглашаем вас подключиться и принести с собой ваши вопросы.

Мы сделаем еще одну попытку.