DGC digital coin meltdown

Well it appears that the DGC dev has decided to take drastic action in an attempt to manipulate the price of the coin upward.  I doubt this will end well and if i held any DGC i would run run away.. i am sure deep pockets will give a little pump on patch day or the  week leading up to it.  I would guess dev is a huge bagholder and trying to increase value of the coin so he can dump and run on.



Heres a letter from the dev of Digitalcoin DGC.

Intended Changes
Block rewards: Block rewards will be dropping from 20 to 15 per block. The per block value is too high and the removal of the downward pressure will help DGC longterm.

Block times: Over 50% of current DGC blocks contain no transactions and therefore are unnecessary. Block times have gone from 20 seconds to 40 seconds. This will help combat the inflation while at the same time increasing efficiency by lowering orphans. The additional 20 seconds don’t make much of a difference as one confirmation in 40 seconds is just as secure as 2 confirmations in 40 seconds.

Blocks to retarget: Blocks to retarget will be lowered from 1080 to 108. The upcoming difficulty padding should limit any extreme variance from severely affecting the difficulty. This also makes DGC more robust and more resistant to profit hopping.

These changes should stop the downwards trajectory and allow DGC to appreciate in value with its services and community.

Thank you,
Baritus