DigiByte is a public, well-established and highly decentralized blockchain. Its digital currency DGB can not be hacked, falsified or liquidated that makes it perfect for protecting value objects such as currency, important digital data, and information. DigiByte is a cryptocurrency that provides high speed (very high speed) coin transfers.
DGB uses 5 (five) advanced mining algorithms to prevent production centralization. Those are SHA256, Scrypt, Groestl, Skein, and Qubit. The proportion of each of which is 20%.
In April 2017, DGB has become one of the first cryptocurrencies that received SegWit support. The system can handle up to 280 transactions per second.
The product range of DGB consists of three main applicable scopes: Digiexplorer, DigiByte Gaming, and Digibot-Telegram. Digiexplorer is a kind of search system for the entire DigiByte database; DigiByte Gaming is an opportunity to earn DGB coins by playing Counter Strike, League of Legends or World of Warcraft. Therefore, DGB is also called gamers’ currency and blockchain; Digibot-Telegram is a product of cooperation between DigiByte and Telegram news messenger.
Moreover, it is planned to produce 21 billion coins by the year 2035.
There is not much information about the DGB team in the public access. It is known that Jared Tate is the founder of DigiByte. Information about his career is controversial. It is said that Jared has been involved in the Bitcoin community since 2012. In the fall of 2013, he decided to make several improvements to the basic Bitcoin protocol, which ended with the release of DigiByte on January 10, 2014.
One of the system developers, Jared Morgan, is a professional programmer. The rest of the team members prefer to remain anonymous. To promote the project, an institution of ambassadors was created - system representatives in different countries. Currently, DigiByte Ambassadors are working in several countries in Europe and North America, as well as in New Zealand.
The currency is widespread and, at the moment, is available for use in about 80 (eighty) countries.
Let’s say you want to buy DigiByte. What should you do? We suggest you go to the SimpleSwap homepage and follow the instructions below:
This is everything you need to know to buy DGB.