What is DigiByte? DigiByte is a More Secure, Faster & Forward Thinking Blockchain Technology

DigiByte (DGB) is a rapidly growing worldwide decentralized payment network & digital currency, inspired by Bitcoin. DigiByte allows you to move money over the internet similar to PayPal & Western Union but with many improvements, including lightning fast transactions with minimal or no fees. You send & receive DigiBytes to or from any DigiByte address in the world in a matter of seconds with no required sign up, registration, or hidden fees.

DigiByte Blockchain

  • Total Supply: 21 Bilion DigiBytes in 21 years
  • Block Timing: 15 Second Blocks, (1.5 Minutes per algo)
  • Mining Algorithims: Five (Sha256, Scrypt, Groestl, Skein & Qubit)
  • Blockchain Type: Public, Decentralized UTXO based
  • Launch Date: January 10th, 2014

DigiByte Mining

You can mine DigiByte on one of five seperate mining algorithms. Each algo averages out to mine 20% of new blocks. This allows for much greater decentraliztion than other blockchains.

  • Sha256 (ASIC friendly)
  • Scrypt (ASIC friendly)
  • Groestl (GPU friendly)
  • Skein (GPU friendly)
  • Qubit (CPU friendly)

DigiByte SegWit Activated

This allowed to increase security, capacity, speed and Lightning Network to be setup on top of DigiByte. Thanks to the Multi Algorithims, DigiByte is the FIRST cryptocurrency to achieve SegWit LockIn. Then finally activated on April 28

DigiByte Transaction Speed

DigiByte has introduced special code that doubles block size every two years to scale the amount of transactions the network can handle well into the year 2035. Additonal work is underway to further increase transaction speed and network capacity.

  • Year 2016: 280 Transactions Per Second
  • Year 2017: 560 Transactions Per Second
  • Year 2019: 1,120 Transactions Per Second
  • Year 2021: 2,240 Transactions Per Second
  • Year 2035: 280,000+ Transactions Per Second

How to Buy DigiByte

I wrote a full article here on How to Buy DigiByte using Shapeshift

DigiByte Tips

What better coin to receive tips in than DigiByte. Tips: D7WMFy8fBzhb3tEhMM6XZ6swRfiYbPkoFq
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