DigiByte (DGB)

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DigiByte

$0.02

DGB -1.82%

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DigiByte (DGB) was created in 2014 by Jared Tate and is one of the fastest and most secure cryptocurrencies. DBG is decentralized and is the world’s longest-running blockchain. The blockchain features cross-chain compatibility and boasts a three-layer network that separates processing, smart contracts, and decentralized applications.

DGB is mined with a Proof-of-Work (PoW) algorithm, but, unlike Bitcoin, it uses five different mining algorithms; this makes mining DGB much more decentralized than other altcoins. Digibyte’s maximum supply is 21,000,000,000 DGB and is widely accepted on cryptocurrency markets and exchanges. Over $1 million in DGB is traded every day.

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What is DigiByte (DGB)?

With an active community and a platform that has been running for years, DGB shows no sign of slowing down anytime soon. DigiByte is the longest actively running blockchain, and has an extremely fast processing speed: DGB blocks can be created every 15 seconds, 40 times faster than Bitcoin. It’s capable of handling more than three times the transactions per second than PayPal.

With the three-layer network and five synergistic algorithms, DGB’s mining system is one of the most decentralized ones in the cryptocurrency community. The real-time adjustments made to these algorithms make them groundbreaking in crypto cybersecurity.

Supporting over 48 million transactions per day, DGB has massive scalability, handling ten times the amount of transactions than the other top 50 blockchains. With the open-source mining system and community-centric values, DigiByte has become a viable competitor in cryptocurrency.

DigiByte (DGB) Market Price Ticker Chart

About DigiByte (DGB)

DigiByte recently partnered with ThreeFold; this will hopefully enhance DGB’s services and attract even more users. It is beloved by the community and has never done an ICO, which is an impressive aspect of DGB’s growth. It is known for being genuinely decentralized and run by the community rather than a central authority.