DigiByte (DBG)

120 Articles 7 Followers

The DigiByte (DBG) is a payments focused project that was launched in 2014 by Jared Tate. In a nod towards Bitcoin, the genesis block of the DigiByte blockchain contains a headline, "USA Today: 10/Jan/2014, Target: Data stolen from up to 110M customers".

DigiByte claims to be faster, more secure and more innovative in several ways than its competitors. The project has undergone several hard forks, each bringing with some significant changes to the network.

One of these hard forks brought about a feature that the projects highlights prominently: the use of five cryptographic algorithms to prevent mining centralization. One of these is Odocrypto, implemented recently in July 2019, which changes itself every 10 days. Two other hard forks brought DigiShield and MultiShield, which the team says protects the network from malicious attacks.

The team has also said that the Internet of Things (IoT) and Artificial Intelligence are two areas of innovation that they will be looking into in the future. 

2019 saw two major updates to the project: the release of DigiAssets and the aforementioned Odocrypt hard fork. DigiAssets is a secure second layer protocol that “allows for the decentralized issuance of assets, tokens, smart contracts, digital identities and more.” The belief is that it will help DigiByte become a bigger presence in a variety of industries.

Q3 and Q4 2019 is expected to bring listings on more exchanges, scheduling of mobile payments, the launch of more ICOs and Dapps on the DigiByte blockchain, and browser and messaging applications.


Alright Guys, Where Are You Mining in May 2020?

10 May 2020 1 minute read 0 comments WhaleTailMining

I was browsing Reddit this morning and I stumbled upon a Redditor's question. That question being; Where are Scrypt Algorithm miners directing their hash rate in May 2020? I found this to be an interesting question, and I provided my conclusion that...

DigiByte (DGB) quick look to know why the price is massive increase in last few days .

9 May 2020 3 minute read 0 comments Kavi

  What is DigiByte? An open source blockchain which works on decentralised UTXO . Digibyte is the truely decentralised digital currency which is created for peer to peer transaction to fulfil the needs of fastest ,secure and scalable payment solutio...

Digibyte: A Technological Masterpiece

9 May 2020 14 minute read 0 comments Cryptoonestop

Sign up for a free weekly newsletter. “Blockchains are politically decentralized (no one controls them) and architecturally decentralized (no infrastructural central point of failure) but they are logically centralized (there is one commonly agreed...

DigiByte (DGB) Review 2020

3 May 2020 6 minute read 1 comment ChangeNOW

DGB is an open source-based blockchain platform that claims to be running the longest blockchain in the world, and that’s due to its more rapid block time. It is also one of the older classes of cryptocurrencies that have experienced some extremely d...

A Digibyte 51% attack imminent?

2 May 2020 1 minute read 2 comments Hippos4ever

In this article I will try to display to everyone reading why white hat hackers are a important part of the crypto ecosystem. I will be providing a summary experience one can get by reading this reddit I found related to the currency DGB (or Digibyte...

Digibyte A coin with a future

2 May 2020 1 minute read 0 comments MrBitcoin

What is Digibyte? Digibyte is a Mineable Coin. DigiByte is a 100% Proof of Work (PoW) blockchain that can be mined with five algorithms called Sha256, Scrypt, Skein, Qubit and Odocrypt. MultiAlgo mining contributes to decentralization, security of t...

If Bitcoin is up 5% It initiate Alt coins to go bullish 10% to 40%

24 Apr 2020 1 minute read 2 comments CryptoPk

As of today, The crypto market has formed a bullish trend and all top coins are up with DGB (Digibytes) with more than 39.24% and Cardano (ADA) listed on top 13 is above more than 18% in past 24 hours. Tezos being in the top 10 is also up more than 1...

Josiah Spackman on DigiByte, the Poloniex Delisting, and Tron and Binance's Centralizing Influence

2 Apr 2020 1 minute read 0 comments TheDesertLynx

  I had a great conversation with Josiah Spackman, DigiByte community member and the host of the Daily DigiByte Updates and DigiByte and Friends, on the ever-growing influence of the Binance, Tron, and Huobi alliance. We cover the Poloniex delisting...

Interviewing Hans Koning From The Digibyte Foundation

16 Mar 2020 1 minute read 0 comments Scott Cunningham

Digibyte is all about decentralization. That’s why they have a foundation. It must be true, because it rhymes. But really though check out my interview with Hans Koning from the Digibyte foundation where he is the chair. We talk about the foundation,...

DigiByte Foundation & Safe Haven announce partnership

22 Feb 2020 1 minute read 1 comment DaniBom

Two of my favorite projects, DigiByte ($DGB), an "old" coin and the first ever crypto I bought, and Safe Heaven ($SHA), an amazing "idea" running on the VET blockchain just announced a partnership. This partnership will include the future integration...