Share this link with your friends and earn 20% referral commission
DigiByte is one of the older class of cryptocurrencies, witnessing some pretty rapid commercial adoption. It claims to be running the longest blockchain in the world, thanks to its faster block time. DigiByte is a decentralized digital asset and an open source based blockchain platform. The Digibyte cryptocurrency is denoted by the symbol DGB. Its total supply is 273.6 million DG tokens. It uses a multi-algorithm approach that creates different proof of work (PoW) mining methods & increases mining capacity & hence, the accessibility to DigiByte mining pools. This prevents centralization and secures the network against a 51% attack. Digibyte was developed by Jared Tate in 2014 who is also its lead developer. The DigiByte Blockchain is not controlled by any private company. The team regularly upgrades its system to add new features. The Digibyte team is developing a mining algorithm swap to make mining more decentralised. Its most awaited project is the “Core 4.1.3” protocol that will let users create and enter into the smart contracts on its blockchain. This could push the coin on a bull run. The team claims to be developing technology to apply DigiByte security to IoT devices & other communication services as well.