What is DigiByte? What is DGB? Learn about theDGB coin virtual currency . This article by Blockchain Introduces to you a coin of low price but high potential that is DGB coin . Let's find out about this algorithm money.
What is DigiByte?
DigiByte is abbreviated as DGB . An open source cryptocurrency running on the DigiByte Blockchain platform , a decentralized international blockchain was created in 2013. The DigiByte currency was developed in 2013 and released in January 2014. Although based on Bitcoin , but DGB is designed to adjust in code that allows for improved functionality, including a 15 second blocking time and improved security. This is the longest, fastest and safest UTXO block in the world.
DigiByte Virtual Currency Review (DGB)
DigiByte was created by programmer and entrepreneur Jared Tate with the goal of creating a fast and secure electronic money that could reach a broader and more decentralized community than Bitcoin. The first Digibyte was launched on January 10, 2014.
DigiByte pioneered digression asymmetric difficulty with DigiShield, a widely used technology and the basis of many other blockchains. It was also the first time for blockchain to split hardfork from a single Proof-of-Work algorithm to exploit multiple algorithms, but not the first to use multiple algorithms (eg Huntercoin ).
Soft-fork of DigiByte (DGB)
In April 2017, DigiByte became the second largest blockchain (after Groestlcoin) to implement Segregated Witness ( SegWit ) through DigiSync soft-fork. Technical milestones lay the foundation for the implementation of cross-border transactions and cross-exchange and atomic swaps.
Hard-fork of DigiByte (DGB)
DigiShield
Activated in February 2014, this hardfork allowed the DigiByte blockchain to defend against many DigiByte large-scale mines in difficulty. This achieves this by recalculating the block difficulty between blocks, allowing for faster calibration when a multi-pool starts or stops contributing to DigiByte, instead of recalculating once every two weeks as is the case. with Bitcoin. DigiShield has been added to over 25 other electronic money blockchains, StartCoin, SuperiorCoin, and Ubiq, with the help of the DigiByte team.
MultiAlgo
Activated in September 2014 from the Myriadcoin source code, this hardfork is allowed to exploit multiple algorithms. Its purpose is to create a number of different methods of exploiting work ( PoW ) evidence to adapt to different types of mining capabilities exist, such as ASIC exploitation, GPU and specialized CPU exploitation. . This allows a large number of people to access DigiByte mining mines and thus it creates a more decentralized blockchain with coins to groups unable to exploit the coin on its original branch. it.
MultiShield
Activated in December 2014, this hardfork was activated to activate DigiShield on the new MultiAlgo platform and accomplish similar goals on all five mines.
DigiSpeed
Activated in December 2015, this is a hardfork focused on making DigiByte coins faster. Blocking time has been reduced by 50% to 15 seconds and new blocking block code is added with the help of Microsoft.
DigiByte (DGB)
DigiByte is designed with a blocking time of 15 seconds and processing up to 560 transactions per second. Every two years, DigiByte's blockchain dynamic system doubles the number of transactions per second by doubling the block size. By 2017, the probability of reaching 560 transactions per second, with a maximum capacity of 280,000 transactions per second will be achieved by 2035.
DigiByte mining can be performed on 5 different Data Mining algorithms. These are SHA256 (ASIC), Scrypt (ASIC), Groestl (GPU), Skein (friendly GPU), Qubit (ASIC).
The basis of DigiByte (DGB)
There are 6 platforms for the blockchain and the DigiByte currency . These include DigiByteGaming, DigibyteTip, DigiByte Market, DigiSign, Digi-ID and DigiHash.
DigiHash is the developer's exploit group. As of June 2017, it supports Sha256, Scrypt, Skein and Qubit. Charges from this mines go to specific developers to help support the currency.
DiguSign is an intelligent contract platform running on DigiByte blockchain. This technology embeds a secure SHA256 hashing code of a document and embedding it into the blockchain digibyte, allowing anyone to securely store, certify and certify any material in public. decentralized. Its focus on security has used case studies in areas such as health, government, legal, trade, finance, insurance, and real estate.
DigiByte virtual currency store (DGB)
These electronic wallets support DigiByte :
- Windows core DigiByte (32 and 64 bit)
- DigiByte Core Mac OS X
- DigiByte Core Linux (32 and 64 bit)
- DigiByte Android
- DigiByte iPhone & iOS
- DigiByte Go Wallet (Chrome Extension)
- Ledger Nano S Hard Case
- Hardware wallet
- Guarda Desktop and Android Wallet
- Exodus
- The atoms
- Satowallet Mobile
- E-wallet on Chrome
- Coinomi Wallet
- E-wallet Jaxx Liberty
Where to buy DigiByte (DGB) virtual currency?
DGB coin is available on major electronic money trading platforms including: Poloniex , Binance , Bittrex , Huobi , OKEx , ...
Or the Vietnamese trading floors such as Bitmoon.net , Vicuta , ...
The value of the DigiByte (DGB)
The time up to the date 10/12/2018 , each co-DGB with the exchange rate is 0.022 $ . The market capitalization is $ 250 million. The volume of 24h trading is $ 2 million. There were 10,911,496,406 DGB mined out of a total of 21 billion DGB.
Details about DigiByte Virtual Currency (DGB)