Digcoin

A secure and decentralized mineable token for the EOS platform | Telegram: | Reddit:

[Digcoin @Digcoin1]

Hello world! Curious about Digcoin? Join us on Telegram! https://t.co/3V8HqSVRWo

[Digcoin @Digcoin1]

@COLINTCRYPTO It is. But the contracts deployed on it usually aren't.

[Digcoin @Digcoin1]

@COLINTCRYPTO I don't see the comparison. ETH defi projects are as decentralized as the network on which they're built. EOS defi projects are more centralized than a central bank (save for the few who use multisig). So long as this is the case, EOS really is just a slow cloud service.

[Digcoin @Digcoin1]

@EverythingEOSio @bytemaster7 Can you ask Dan what he thinks about the extremely centralized default model of custom EOS tokens, particularly in light of the recent DeFi scams?

[Digcoin @Digcoin1]

Over the past few days we've airdropped almost 400,000 $DIG to $BOX, $DMD, and $DFS holders, as well as victims of $WRAM. That's most of the circulating supply! Our reserves are running dry so until we can mine more the only way to get DIG is via mining or buying it on exchanges.

[Digcoin @Digcoin1]

@kennylienhard_ @EarnBetAL 2. That's a problem all new tokens have to deal with. The vast majority of tokens mined so far were mined by us out of our own pockets and given away as rewards for community involvement, or airdropped. The more people who mine/buy it, the less impact whales will have.

[Digcoin @Digcoin1]

@kennylienhard_ @EarnBetAL 1. The EOS token isn't dangerous in a security sense, but it has issues pertaining to its unpredictable inflation rate and utility as a network resource that makes it a poor fit for a currency. EOS is to land as Digcoin is to resources extracted from that land.

[Digcoin @Digcoin1]

@kennylienhard_ @EarnBetAL I hope so, but they haven't responded to my listing request. They're already on sale on https://t.co/j3PwUB1c02 and defibox, but most of what we mined has been airdropped.

[Digcoin @Digcoin1]

@kennylienhard_ @EarnBetAL Come again? Digcoin isn't a chain, it's a token contract on the EOS chain. It solves a very real problem. See: https://t.co/sz7lwWUjQl

[Digcoin @Digcoin1]

@lukestokes @taylor_ryker @EarnBetAL @vigorprotocol @moore_chaney This should have been done prior to releasing the projects. Securing people's funds should not be an afterthought. I do hope that they eventually go through with it though, because the EOS ecosystem desperately needs a light at the end of the tunnel after all these recent scams.

[Digcoin @Digcoin1]

@taylor_ryker @EarnBetAL @vigorprotocol @moore_chaney @YvesLaRoseEOSN Those are only the mining pools. As I said, the token contracts are not multisig'd. As such, the tokens that those projects are based around are far more centralized and far less secure than anything in your wallet. See: https://t.co/sz7lwWUjQl

[Digcoin @Digcoin1]

@EOS42io A solution to the defi scam problem. Check it out @ https://t.co/thAsLtf1sv

[Digcoin @Digcoin1]

This is why DIG was created. And as much as I want to say "I told you so", I just feel bad for the people who lost money to this scam masquerading as an "exploit".

[cmichel @cmichelio]

Users can't redeem $CRL https://t.co/uApDwapxMj's $WRAM for EOS anymore. The minting smart contract has a re-entrancy vulnerability that allowed printing more tokens and has been exploited. Hacker got 45,000 EOS and cashed out https://t.co/0m14UmBvhQ #EOS

[Digcoin @Digcoin1]

Don't feel like installing cleos to mine DIG? Try this simple to use javascript miner created by @Stuyk1

https://t.co/BeBnpc654i

[Digcoin @Digcoin1]

Thanks to everyone for participating in the airdrop! We've successfully given away over 20,000 of DIG tokens out of our own pockets to over 100 EOS users.

But don't put your shovels away just yet, more promotions and giveaways to come. Follow me to stay updated!

[Datajunky @eoswatchdogs]

New DIG Token Giveaway!

like comment tag 3 friends and retweet this.
COPY and paste your link to your retweet in this group https://t.co/5nkX9kdqrn then send a Message to https://t.co/iPO9dSsDlR with your EOS account name for a reward!

GOOD LUCK and ENJOY the tokens!