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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.
10 Oct 2022 1 minute read 0 comments Justin Spencer
One of the first coins I bought when I got into crypto was Digibyte (DGB). Secure and baptized in fire for over 8 years, DigiByte has proven that it's security as a blockchain is second to none. Its most important unique feature is the fact that the...
27 Sep 2022 5 minute read 0 comments NOWPayments
If you were to name the quickest, most trusted, and most decentralized blockchain, which project would be the first to cross your mind? We are sure, that many of you instantly thought of DigiByte, and with good reason. The DigiByte blockchain is grad...
2 Sep 2022 5 minute read 5 comments NOWPayments
DigiByte is driving innovation in the field of blockchain forward by offering cutting-edge technology and infrastructure for digital assets, smart contracts, decentralized applications, and secure authentication. The army of DGB holders comprises tho...
24 Aug 2022 1 minute read 1 comment Great White Snark
Digibyte (DGB) is loosely based on Bitcoin's (BTC) code. It also uses proof of Work (POW) and is thus mineable. However, unlike Bitcoin, it is lightning fast (seconds) and fees are minimal or non-existent. The aim/intention of the project is securing...
18 Aug 2022 4 minute read 0 comments NOWPayments
DigiByte is rightly recognized as one of the safest, fastest, and most decentralized blockchains available to users. The DigiByte blockchain is perfectly positioned for mass adoption thanks to its supply of 21 billion coins. DigiByte transactions are...
18 Aug 2022 5 minute read 2 comments Swapzone
Bitcoin and Ethereum are the clear market leaders today, but the competition is stiff, with developers working on various alternatives to better the existing top cryptocurrencies. However, most of these alternatives have fallen short of user expecta...
17 Aug 2022 3 minute read 0 comments 7b Crypto Trading Wallet
Many cryptocurrencies are striving to come close to Bitcoin’s success and outperform it. In today’s article, we’ll tell you about one of the Bitcoin alternatives to watch in 2022 and reasons to invest in it. Here are 3 reasons to buy Digibyte, as man...
13 Aug 2022 3 minute read 2 comments Betasyndicate.eth
This Sunday, the 14th of August, Johnny, and the DigiByte community will be holding a Community Space to address concerns and the evidence of DGB's manipulation. It would be great to see the entire industry show up and listen to what perhaps could ex...
19 Jul 2022 7 minute read 3 comments Swapzone
Distributed Ledger Technology (DLT) or blockchain holds immense potential that can help tackle some of the issues facing the Internet of Things (IoT) such as scalability and security. Many see blockchain as a digital information game changer for IoT...
18 Jul 2022 4 minute read 0 comments NOWPayments
DigiByte is a well-established project that has earned praise from millions of users as a reliable and efficient blockchain for conducting crypto transactions. DigiByte is among the most convenient networks for payments. In fact, day-to-day transacti...
