DigitalBits Whitepaper Update. August 5, 2022 by Sara Sciusco DigitalBitsOrg Aug, 2022

August 5, 2022

Burgio, A.: Crossing the Chasm: Enhancing Cryptocurrency Adoption by Leveraging a Transaction and Trading Layer for the Points Economy and Other Digital Assets The Stellar Consensus Protocol: A Federated Model for Internet-level — DigitalBits V2.3 Whitepaper. URL: https://digitalbits.io/wp-content/uploads/2019/08/digitalbits_whitepaper_2_3.pdf (2019)Kharif, O. and Ossinger, J.: cripto Lender Celsius Files for Bankruptcy After Cash Crunch — Bloomberg URL: https://www.bloomberg.com/news/articles/2022-07-14/cripto-lender-celsius-files-for-bankruptcy-in-cash-crunch (July 2022)Patel, S., Cruise, S., and Wilson, T.: cripto lender Voyager Digital files for bankruptcy — Reuters URL: https://www.reuters.com/technology/cripto-lender-voyager-files-bankruptcy-2022-07-06/ (July 2022)

It is forecasted that it will take over 20 years to exhaust the total supply reserves. However, this is subject to several factors, therefore, this timeline cannot be guaranteed and forecasts may fluctuate from time to time.

This paper is for information purposes only. The DigitalBits Foundation does not guarantee the accuracy of or the conclusions reached in this paper, and this paper is provided as is. The DigitalBits Foundation does not make and expressly disclaims all representations and warranties, express, implied, statutory or otherwise, whatsoever, including, but not limited to: (i) warranties of merchantability, fitness for a particular purpose, suitability, usage, title or non-infringement; (ii) that the contents of this whitepaper are free from error; and (iii) that such contents will not infringe third-party rights. The DigitalBits Foundation and its affiliates shall have no liability for damages of any kind arising out of the use, reference to, or reliance on this whitepaper or any of the content contained herein, even if advised of the possibility of such damages. In no event will the DigitalBits Foundation or its affiliates be liable to any person or entity for any damages, losses, liabilities, costs or expenses of any kind, whether direct or indirect, consequential, compensatory, incidental, actual, exemplary, punitive or special for the use of, reference to, or reliance on this whitepaper or any of the content contained herein, including, without limitation, any loss of business, revenues, profits, data, use, goodwill or other intangible losses.