DigiByte

DigiByte description The project DigiByte was launched in 2014, although development on it began back in 2013. The main focus of the startup is data security and ways to achieve this. The digital assets...

DigiByte description

The project DigiByte was launched in 2014, although development on it began back in 2013. The main focus of the startup is data security and ways to achieve this. The digital assets in this system are completely impossible to hack or forge. Information, currency, or any files — everything that goes into the public ledger of DigiByte once will remain there forever.

DigiByte DGB

0.0061242401089157 USD 2.89%)

0,00000008 BTC

rank

345

Market cap

106.16 M USD

volume (24h)

2.5 M USD

Such security is ensured by global decentralization (100,000 nodes worldwide) and a variety of cryptographic algorithms (which also promotes decentralization) with a complex variety of functions. It allows for excellent traffic capacity due to its limit on the size of transactions. Also, AI functions have been introduced to the platform.

DigiByte team

The founder of the project is Jared Tate. He was previously involved with Bitcoin and, noticing the shortcomings of this blockchain, decided to create his own more advanced platform.

The marketing campaign manager is Jered Morgan.

Tiana Laurence and Travis Wright are project advisors.

DigiByte tokenomics

This coin was first added to exchanges on February 6th, 2014 at a rate of $0.001. The rate is now $0.023835. It has a market capitalization of $258,377,860. The maximum coins available are 21,000,000,000 DGB. The amount in circulation is 10,840,346,515 DGB. The currency is available for mining via BlockFactory or DigiHash, which makes mining coins especially profitable.

Conclusion

The issue of security is always quite severe, especially when it comes to cryptocurrencies. Jared Tate has managed to impress many skeptics, creating one of the safest and most universal cryptocurrencies - DigiByte.