A detailed description and exchange rate of Bitcoin DigiByte (DGB)

 DigiByte (DGB) Artificial Intelligence, Cryptocurrency, Smart Contract Platform, Privacy Coins, Internet of Things (IOT) 

Blockchain: PoW using algorithm Multiple

Read more about the blockchain, hashrate, mining DGB

Curculation 13417222498.2772 из 21000000000 DGB

Top exchanges by trading volume DGB

Share, print, send mail:


Show full post Hide

A coin that has adopted the Bitcoin "21" figure but increased the supply to 21 billion - with over 5 algorithms to mine with (Scryt, Sha-256, Qubit, Skein, Groestl)  - in order to keep mining local and in the hands of many. A 60 second block target, a 0.5% premine and a block retarget every 2.4 hrs or 244 blocks.

DigiByte: Refers to the entire DigiByte network or a single monetary unit on the payment network. 21 billion DigiBytes will be created over 21 years.

Block: A grouping of all transactions sent over the DigiByte network within a 30 second time frame. Think of a block as an excel spreadsheet that lists the address location of all DigiBytes at a given point in time in history. New DigiBytes are brought into circulation as each block is discovered on the network through a process called mining.

Mining: Mining is how transactions are processed on the network. Anyone can become a miner by donating and using their desktop, laptop or mobile phone computing power to help process transactions on the DigiByte network.  DigiByte has made this process even easier with our 3 click mining software for beginners.

Blockchain: The DigiByte blockchain is the entire history of all blocks discovered on the network & therefore all transactions made on the network. Each block references the proceeding block all the way back to the beginning of the network to what is known as the genesis block. By linking blocks (spreadsheets) together an accurate, secure accounting of all up to date DigiByte ownership is made by decentralized consensus.

Absolute Security: Our number one priority will now and forever be network and user security.

Speedy Transactions: We strive to create the fastest possible decentralized transactions.

Worldwide Decentralization: Keep the network open, transparent and accessible at all times.

Ease of Use: Allow anyone to use and benefit from DigiByte in an easy to understand manner.

Flexible Innovation: Quickly improve, adapt and innovate as new technology and threats arise.

Security: DigiByte uses five highly advanced cryptographic algorithms.

Speed: DigiByte transaction notifications occur in 1-3 seconds, blocks are discovered every thirty seconds and transactions are fully confirmed every 3 minutes. Future planned upgrades will make these times even faster.

Fees: Most DigiByte to DigiByte transactions are free or carry a very small network-mining fee to incentivize people to mine.

Worldwide: DigiBytes are already stored, traded and transacted in over 89 countries.

Decentralization: There is no need for a middleman or third party or central server.

Re-Spend: Send DigiBytes you received to someone else in as little as three minutes.

Finite Production: New DigiBytes are added to the network every thirty seconds through a process called mining as each new block (or grouping of transactions in a spreadsheet like format) is discovered by the network.

Scarcity: 21 Billion DigiBytes will be created in 21 years.

1% Monthly New Minting Reduction: New DigiByte production decreases 1% every month.

Mining: DigiByte mining is decentralized with five independent, highly secure mining algorithms.

Adaptable, innovative & flexible: DigiByte is constantly adding new features & services to remain on the cutting edge of digital currency technology.

Committed Development: DigiByte has been under constant, progressive development for over one year now with core development team members from all over the world.

Millennial Acquisition Potential: DigiByte provides merchants, banks & other legacy institutions with a new means of acquiring & connecting with tech savvy millennial users.

A Bright Future: DigiByte has many new & exciting projects underway to be released throughout 2015 to increase DigiByte utility and new user adoption across the globe.

Rating DigiByte

Rank by rate  CoinMarketCap: 39

Rank by rate  CoinGecko: 45.

Evaluation of communication (points): 45,224

Common Assessment Points: 0,015

Evaluation of the design (points): 66,443

Assessment of the liquidity (points): 51,307

Similar on DigiByte cryptocurrencies

Useful links and additional information

Courses, exchanges, trade DGB

Blockchain, hashrate, mining DGB

Events DGB

Official website DGB: https://digibyte.io/ 

Block explorers DIGIBYTE: digiexplorer.info  chainz.cryptoid.info  altexplorer.co  digibyteblockexplorer.com  dgb.tokenview.com 

Forums DIGIBYTE: www.dgbwiki.com 

Chats DIGIBYTE: t.me 


Twitter: -  

Facebook: -  

Reddit: -  

BitcoinTalk: 408268  

Telegram: OfficialDigiByteGroups  


GitHub: https://github.com/digibyte/digibyte

Latest cryptocurrency news

Latest mining news

  • TOP 3 growth, 24h

  • TOP 3 falls, 24h

  • All cryptocurrencies
Paxful- buy bitcoin instantly
  • Features of the blockchain

  •  21 сен 2020 16:18
  •  Multiple
  •  PoW
  •  650,8656 DGB
  •  285 816,24 TH/s
  •  75 сек.
  •  50%
  •  Per 244 Blocks
  •  13 571 052 544 DGB