After closely observing the community’s feedback for Digit, we have decided to come up with several major changes and issue a complete re-launch of the currency. Do note that we will compensate in a ratio of one-to-one to all Digit supporters, so there’s nothing to worry about if you’ve already mined some or collected bounties or giveaways.
Most importantly, Digit will switch to the a more modern mining algorithm, x13. We’ve also decided to drop the pre-mine completely. Also, the mining window will be shortened thrice.
In addition, we’ve slightly changed up the interest rates. Namely, the interest rates rise more rapidly in general especially for the first year. For the bounties we’re introducing a PoW block reward percentage based system (1%).
As mentioned before, all the supporters will be paid in a 1:1 ratio. Additionally, all the pools that helped us will be rewarded with 10 000 DIG and Cryptoine.com will receive 10 000 DIG for being the first exchange Digit was accepted to.
Here’s a link to image with a quick rundown of all the new technical details!
For all Digit holders: You have one week to send us your signed addresses. Deadline: 2014.05.27 19:00 GMT.
1. Open your Digit wallet and create a new receiving address.
2. Send all of your Digit to the new address you just created.
3. Wait until its spendable (confirmed).
4. Click File -> Sign Message.
5. Choose your created address (there is a clickable icon at the right side of the address bar).
6. Type your forum username in to large box on the center of window (double check for typos!). We may send you a PM to verify after relaunch.
7. Click sign message (green text „message signed“ will appear on the bottom of the window).
8. Open your web browser and go to our homepage: /, then navigate to the Contact page.
9. Type in your email. Type „Compensation“ to Subject field.
10. Provide your Digit address signature info in the message box like this example:
Type in your Digit address signature info: Your Digit receiving address, your bitcointalk username and signature. Example: http://i.imgur.com/nx4jhXk.png
11. Type in the security code and click „Submit“
12. Hang on tight as we will contact you for your new receiving address after the re-launch!
* Each user is allowed to submit only once. Abusing this rule will void your compensation.
* Your balance, email and username will be kept private.
Digit Support Foundation
