Digibyte (DGB)

Information about the coin Digibyte (Ticker Code: DGB)

Asset Information

Asset Name: Digibyte
Trade Ticker: DGB
Logo Icon:
Asset Type: Coin
Total Supply: 21,000,000,000 DGB
Circulation: 11,444,801,581 DGB  
Market Cap: $103,515,684 USD
Premine: No
Proof Type: POW
Algorithm: SHA-256, Skein, Qubit, Groestl and Scrypt
Social Contacts: Twitter   Telegram   Reddit  
Website: http://www.digibyte.io/
Explorer: https://digiexplorer.info/status
Sourcecode: https://github.com/digibyte
Announcement: https://bitcointalk.org/index.php?topic=408268.0
CoinMarketCap: https://coinmarketcap.com/currencies/digibyte/
Coingecko: https://www.coingecko.com/en/coins/digibyte
Cryptoslate: https://cryptoslate.com/coins/digibyte/
Average Price:

altilly DGB (Digibyte) Balance SheetWhat is this?  

Last Updated: 2019-03-24 06:56:08 UTC
Customer Funds on Deposit 128201.51729856 DGB
Customer Funds Pending Deposit 0.00000000 DGB
Customer Funds Pending Withdrawals 0.00000000 DGB
Total Liabilities 128201.51729856 DGB
In Deposit Wallet 86.37810511 DGB
In Transit Dep-->WD Wallet 0.00000000 DGB
In Withdrawal Wallet 128115.73029521 DGB
In Safe Storage (0.00%) 0.00000000 DGB
Total Assets 128202.10840032 DGB
Balance 0.59110176 DGB (100.000%)

Liabilities Est. USD Value $1,617.37
Assets Est. USD Value $1,617.37
Balance Est. USD Value $0.00 (100.000%)

Digibyte (DGB) is trading in 5 markets at altilly.

DigiByte (DGB) is a decentralized cryptocurrency inspired by Bitcoin. You can use DigiByte to move money over the internet at minimal or no fees and instantly. The mission of DigiByte is to bring the benefits of blockchain payment technology to merchants, consumers, & mainstream societies across the globe in the most easy to understand way possible.

Digibytes provides more advanced features than Bitcoin with enhanced security and a 15-second block creation rate (DigiSpeed, December 2015 hard fork), you can trade faster with faster transfer rates.

Digibyte-based platforms include DigiByteGaming, DigibyteTip, DigiByteMarket, DiguSign, Digi-ID, and DigiHash. The core business of this is DigiByteGaming, which provides coins in connection with various games including wow, roll, kass, minecraft and so on. The coins you earn can be used in other games, or you can cash out and gain real benefits over game money. However, the current Korean Game Industry Act makes it illegal to exchange or arrange the results obtained through games, so the possibility of success of this platform in Korea may be smaller than in foreign countries.

Coin feature
1. Digibytes wants to reach the final issue in 2035 by reducing block compensation by 1% every month. The inflation rate in 2017 is 12%.
2. Digibytes will increase the volume of transactions that the digibit network can handle by executing special code that doubles the block size every two years until 2035. Currently, 560 transactions can be handled in 1 second by 2017, and over 2,803 transactions can be processed in 1 second by 2035.
3. It has evolved steadily to accommodate new functions through four hard forks and three soft forks. These include DigiShield, MultiAlgo, MultiShield, DigiSpeed, and SegWit.
- Successfully implemented Segwit in April 2017. This can be seen as being ready to develop and run technologies such as lightning networks, cross-crossing transactions, and atomic swap.
- DigiShield is a hard fork that shortens the duration of difficulty adjustments to check multi-pool mining, which is not difficult to mine a lot. This technique was later applied by the Digibot team to DOGGE, START COIN (START), ZAGAC (ZEC) and so on.

Core Value: multi-algorithm & multi-security
1. MultiAlgo: DigiByte introduced a system for hard-forking in September 2014, in which five algorithms each mined 20% of the blocks. It has the advantage of better decentralization and the ability to use various mining methods than one algorithm. The 5 algorithms are Scrypt, SHA-256, Qubit, Skein and Groestl.

2. MultiShield: Multi-security, introduced in December 2014 as a hard fork, is based on multi-algorithms. For PoW attacks to succeed, you have to control one algorithm at 93% and the remaining 4 at least 51%, so you can better defend against these attacks. In fact, because it uses technology such as the Nuclear Security Code, it provides security equivalent to five times that of other coins.