Newbie question - Earning DGD?

[Dentaldoctor]

Hey all, excited to be part of the network.  Since we don't earn coin by mining, how is it determined when and how much coin is paid out as a reward for keeping your wallet up and running on the network?

[Boss]

I'm wondering the same thing

[GaryPeters]

The value is described on page 2 of the Whitepaper It is scaled through participation. As more invest into the idea and it is expanded, the intrinsic value increases. A simplified explanation

[DigitalGoldJedi]

Howdy, Guys.

The value is actually created over 1,000 levels of a participation game, where members build the network by downloading a wallet/node and running it on their computer (desktop or laptop - PC/Linux/Mac).

As we get closer to 100M users from the initial kickoff of 10,000 Member Wallet/Nodes, we increase the value of the network 1.45% for every 0.93% in new nodes.

Initially each of you who plugged in a computer received 10.5 coins, and this is true up to the first 10,000 nodes.

Some of you also contributed and received a 1:1 match on future validated coins but also received a bonus 10.5 DGD.

These coins came from the 1.1M DGD reserved for the founding team and early adopters and did not pull from the 19.9M remaining DGD in the treasury, which go out 19,900 each for 1,000 levels.

At 10,001 to 20,000 nodes that plug in will receive another 5.25 DGD and the final 1,000 to reach 21,000 nodes will receive 2.1 DGD.

All of this is to get things rolling and quickly develop a reliable, global network. Already there are nearly 1,000 nodes and in the coming days we expect the ultimate goal of 21,000 nodes will be reached.

As we move through levels ~1% new nodes at a time the network takes on its intrinsic value. Contributions are taken out evenly from each member and coins go out equally to total nodes, if there was validation. Unvalidated coins remain in the treasury for referral rewards and merchant adoption after level 1,000.

I suggest going to DigitalGoldFoundation.org and reading both the Litepaper and White Paper.

The only addition to the WP and soon the Litepaper is that contributions will now be used in part to create a Strategic Bitcoin Reserve, as suggested by Michael Saylor of MicroStrategy. This will underpin the DGD value beyond the network over time.