Technical Details
How long does it take for transactions to clear?
Transactions are sent and received instantly. The receiver can choose how many confirmations they require before accepting the deposit.
How can I install the DigitalCoin software on Linux?
Follow these steps to get going on Linux:
- Install the dependencies by running the following command:
sudo apt-get install build-essential libssl-dev libdb5.1-dev libdb5.1++-dev libboost-all-dev git
- Download the DigitalCoin source code:
git clone git://github.com/baritus/digitalcoin.git
- Find how many cores you have by counting rows of this command:
cat /proc/cpuinfo | grep -i "Model"
- Compile based on your cores (Replace 4 with your actual cores):
make -j4 -f makefile.unix USE_UPNP=
- Copy digitalcoind to /usr/bin/digitalcoind:
sudo cp litecoind /usr/bin/digitalcoind
- Start the daemon:
digitalcoind -daemon
Other Details
Can anyone use DigitalCoin?
DigitalCoin can be used by any entity or individual. It is a decentralized project and so has no one that controls it. The project direction is decided by the community and users.
Why use DigitalCoin instead of Western Union, PayPal, Credit Cards, and Cash?
Unlike other forms of payment, DigitalCoin is not controlled by any single authority. No one can freeze your funds, impose a waiting period, or charge you arbitrary fees. Transactions are instant, cost almost no fees, and are irreversible.