I read his book, I like Jared Tate as a founder. Why?
- He doesn’t *seem* like a crypto founder — he seems more like Midwest, cowboy humble vibes? Seems non-tech;; a good sign.
His critical flaws
- Don’t post to social media or Twitter — he should have just created his own personal (tamper proof) blog, hosted on Ionos or bluehost and WordPress.org— even Amazon AWS for blogging lightsail. Tamper proof, censorship proof.
DGB
As of January 2024, the current state of DigiByte (DGB) shows a mix of fluctuations and stability in its market value. The live price of DigiByte is around $0.007738, with a market cap of approximately $129.84 million. Over the past 24 hours, the currency has experienced a decrease of about 5.41%, and over the past 7 days, it has seen a decrease of around 7.65%. However, looking at a slightly longer period, DigiByte has shown an increase of around 3.46% over the past 60 days, and about 10.07% over the past 90 days.
Price predictions for DigiByte suggest a range of fluctuations in the near future. The currency is expected to see changes in its value over the coming days, with some days showing minor decreases and others showing increases. For instance, the price is predicted to be around $0.008001 by January 29, 2024, indicating a potential increase of 3.76% from its current value. For the year 2024, DigiByte is forecasted to trade within a range of $0.007425 to $0.013990, which could lead to a significant increase if it reaches the upper price target.
It’s important to note that cryptocurrency markets are highly volatile and subject to rapid changes. These predictions and current valuations are based on past and present market trends and should not be taken as a guarantee of future performance. The cryptocurrency market’s inherent volatility makes it a complex investment space, requiring careful consideration and risk assessment oai_citation:1,DigiByte (DGB) Price Prediction 2024 2025 2026 2027 – 2030 oai_citation:2,DigiByte (DGB) Price Prediction 2023, 2024, 2025–2030 | CoinCodex oai_citation:3,DigiByte Price | DGB Price Index, Live Chart and USD Converter – Binance.
Jared Tate, the founder of DigiByte, has faced significant challenges and changes in recent years. He stepped back from his project after a long period of personal and financial investment. Despite initially investing nearly half a million dollars and dedicating over 10,000 hours, his remaining value in DigiByte drastically dwindled to only $500.
Tate’s decision to reduce his involvement was driven not just by financial constraints but also by a perceived lack of support within the crypto community. He expressed frustration at being ridiculed or attacked without compensation, highlighting the difficulties of sustaining such a large-scale project. Despite these setbacks, Tate remained committed to the long-term potential of DigiByte and urged the community to play a more active role in its future.
DigiByte itself, an altcoin sharing a codebase with Bitcoin and a fork of Litecoin, aims to prioritize high transaction speeds. It has set an ambitious target of achieving 280,000 Transactions Per Second (TPS) by 2035. However, reaching this goal requires a dedicated team, something that might be challenging given the project’s current circumstances. The DigiByte project has remained steadfast in its commitment to a more efficient cryptocurrency future, despite these hurdles oai_citation:1,The Valiant Struggle of DigiByte Founder Jared Tate: A Tale of Devotion and Loss – CryptoMode oai_citation:2,DigiByte founder: “I’m not selling!” as DGB price drops 20% after departure – Decrypt oai_citation:3,DigiByte Founder Jared Tate Steps Away Citing Lack of Support.