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.
The DigiShield difficulty retargeting algorithm was first conceived in this coin, which has been used in various other popular cryptocurrencies.
DigiByte Specifications :-
- 21 Billion Total Coins
- 30 Second Blocks
- 8,000 DGB Reward, Reduces 0.5% Every Week
- 0.5 % Pre-Mine
- Scrypt, POW
- 1 Min. Difficulty Re-Target
DigiByte has an official mascot which goes by the name, The DigiMan.
DigiByte switched to 5 multiple algorithms consisting of Scrypt, SHA-256, Qubit, Skein and Groestl.
Crypto Coin Details
|Genesis Date||9 January 2014|
|Proof of Work||True|
|Proof of Stake||False|
|Proof of Burn||False|