Difference between revisions of "DigiByte"
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<div style="float: right; padding: 25px 50px; text-align: justify;">__TOC__</div> <p style="text-align: justify;"><span style="font-family:Arial,Helvetica,sans-serif;">[https://digibyte.io/ DigiByte] ([https://www.dgbwiki.com/index.php?title=Cyptocurrency_(DGB) DGB]) is a [https://en.wikipedia.org/wiki/Decentralization decentralized] global [https://en.wikipedia.org/wiki/Unspent_transaction_output UTXO] [https://en.wikipedia.org/wiki/Proof_of_work PoW] based [https://digibyte.io/digibyte-blockchain-faq blockchain] (just like [https://en.wikipedia.org/wiki/Bitcoin Bitcoin]) with its focus on [https://www.dgbwiki.com/index.php?title=DigiByte_CyberSecurity_Solutions Cyber Security], [https://www.dgbwiki.com/index.php?title=DigiAssets DigiAssets] & facilitating fast and secure transactions.</span></p> <p style="text-align: justify;"><span style="font-family:Arial,Helvetica,sans-serif;">The DigiByte blockchain was developed in 2013 and released in [https://www.digibyte.io/digibyte-frequently-asked-questions January 2014] by [https://www.dgbwiki.com/index.php?title=Creator_&_Founder_of_DigiByte Jared Tate] (Creator & Founder of DigiByte) with an open-source protocol. </span></p> <p style="text-align: justify;"><span style="font-family:Arial,Helvetica,sans-serif;">Although based on [https://en.wikipedia.org/wiki/Bitcoin Bitcoin], adjustments in the code allow for improved functionality, including 15-second block time, real-time difficulty adjustment and improved security, because of this DigiByte is very suitable for facilitating fast and secure transactions. </span></p> <p style="text-align: justify;"><span style="font-family:Arial,Helvetica,sans-serif;">DigiByte is also the [https://twitter.com/digibytecoin/status/857995712843448320?lang=en first major Altcoin to succesfully activate SegWit]</span><font color="#000000"><span style="font-size: 10.8333px;"> (</span></font><span style="font-family:Arial,Helvetica,sans-serif;">April 2017), [https://www.dgbwiki.com/index.php?title=MultiAlgo MultiAlgo mining] (September 2014) and [https://www.dgbwiki.com/index.php?title=DigiShield DigiShield] (February 2014). </span></p> <p style="text-align: justify;"><span style="font-family:Arial,Helvetica,sans-serif;">Since 2014, many other blockchains have adopted DigiByte technology such as [https://www.dgbwiki.com/index.php?title=DigiShield DigiShield].</span></p> <p style="text-align: justify;"><span style="font-family:Arial,Helvetica,sans-serif;">DigiByte has never been funded through an ICO, presale or token sale, nor is there a private company controlling the DigiByte Blockchain in line with our vision for a decentralized digital future.</span></p> <p style="text-align: justify;"><span style="font-family:Arial,Helvetica,sans-serif;">[https://www.dgbwiki.com/index.php?title=Cyptocurrency_(DGB) DGB] is the Digital Asset/ [https://www.investopedia.com/terms/c/cryptocurrency.asp Cryptocurrency] with a 1000:1 ratio to BTC that is being mined over 21 years (2014-2035) with a max supply of [https://www.dgbwiki.com/index.php?title=Why_so_many_coins?_21Billion 21Billion] in the year 2035. When mass adoption arrives, </span>average people can still afford to buy an entire DigiByte.</p> <p style="text-align: justify;">With <span style="font-family:Arial,Helvetica,sans-serif;">[https://www.dgbwiki.com/index.php?title=DigiAssets DigiAssets]</span> you can build on top of the DigiByte, because it is a secure, scalable secondary layer on top of the global DigiByte blockchain that allows for the decentralized issuance of assets, tokens, smart contracts, digital identity and much more.</p> <p style="text-align: justify;"><span style="font-family:Arial,Helvetica,sans-serif;">DigiByte is secured by 280.000 nodes world-wide and is distributed by [https://www.dgbwiki.com/index.php?title=DigiByte_Mining_Breakdown 5 parallel cryptographic hashing algorithms] ([https://en.wikipedia.org/wiki/Proof_of_work PoW]) which secure the network and make it truly un-hackable.</span></p> <p style="text-align: justify;"><span style="font-family:Arial,Helvetica,sans-serif;">DigiByte transactions are nearly instantaneous and it takes 15 seconds for a first confirmation, because of this DigiByte is 40x faster than [https://en.wikipedia.org/wiki/Bitcoin Bitcoin].</span></p> <p style="text-align: justify;"><span style="font-family:Arial,Helvetica,sans-serif;">Thanks to </span><span style="color:#000000;">[https://www.dgbwiki.com/index.php?title=DigiSpeed DigiSpeed],</span><span style="font-family:Arial,Helvetica,sans-serif;">DigiByte can scale on-chain with 560 TPS now and will attain 280.000 TPS in 2035 with fees being as low as 0,01 ct USD.</span></p> <p style="text-align: justify;"><span style="font-family:Arial,Helvetica,sans-serif;">The security of the network, its incredible speed ([https://www.dgbwiki.com/index.php?title=DigiSpeed 40 x faster than Bitcoin]) & low fees makes DigiByte very suitable for performing safe and fast transactions.</span></p> <p style="text-align: justify;"><span style="font-family:Arial,Helvetica,sans-serif;">As of July 20th 2019 DigiByte has a [https://coinmarketcap.com/currencies/digibyte/ total market cap of over US $140 million], but has reached a peak of $1.3B in the past. It is the world's longest, fastest and most secure UTXO([https://en.wikipedia.org/wiki/Unspent_transaction_output Unspent transaction output]) PoW ([https://en.wikipedia.org/wiki/Proof_of_work Proof of Work]) based blockchain in existence.</span></p> <p style="text-align: justify;"><br/> [https://digibyte.io/digibyte-legal-disclaimer Legal Disclaimer] | [https://digibyte.io/digibyte-privacy-policy Privacy Policy] © Copyright DigiByte 2013 - 2019. All Rights Reserved. Released under the [https://opensource.org/licenses/mit-license.php MIT license].</p> | <div style="float: right; padding: 25px 50px; text-align: justify;">__TOC__</div> <p style="text-align: justify;"><span style="font-family:Arial,Helvetica,sans-serif;">[https://digibyte.io/ DigiByte] ([https://www.dgbwiki.com/index.php?title=Cyptocurrency_(DGB) DGB]) is a [https://en.wikipedia.org/wiki/Decentralization decentralized] global [https://en.wikipedia.org/wiki/Unspent_transaction_output UTXO] [https://en.wikipedia.org/wiki/Proof_of_work PoW] based [https://digibyte.io/digibyte-blockchain-faq blockchain] (just like [https://en.wikipedia.org/wiki/Bitcoin Bitcoin]) with its focus on [https://www.dgbwiki.com/index.php?title=DigiByte_CyberSecurity_Solutions Cyber Security], [https://www.dgbwiki.com/index.php?title=DigiAssets DigiAssets] & facilitating fast and secure transactions.</span></p> <p style="text-align: justify;"><span style="font-family:Arial,Helvetica,sans-serif;">The DigiByte blockchain was developed in 2013 and released in [https://www.digibyte.io/digibyte-frequently-asked-questions January 2014] by [https://www.dgbwiki.com/index.php?title=Creator_&_Founder_of_DigiByte Jared Tate] (Creator & Founder of DigiByte) with an open-source protocol. </span></p> <p style="text-align: justify;"><span style="font-family:Arial,Helvetica,sans-serif;">Although based on [https://en.wikipedia.org/wiki/Bitcoin Bitcoin], adjustments in the code allow for improved functionality, including 15-second block time, real-time difficulty adjustment and improved security, because of this DigiByte is very suitable for facilitating fast and secure transactions. </span></p> <p style="text-align: justify;"><span style="font-family:Arial,Helvetica,sans-serif;">DigiByte is also the [https://twitter.com/digibytecoin/status/857995712843448320?lang=en first major Altcoin to succesfully activate SegWit]</span><font color="#000000"><span style="font-size: 10.8333px;"> (</span></font><span style="font-family:Arial,Helvetica,sans-serif;">April 2017), [https://www.dgbwiki.com/index.php?title=MultiAlgo MultiAlgo mining] (September 2014) and [https://www.dgbwiki.com/index.php?title=DigiShield DigiShield] (February 2014). </span></p> <p style="text-align: justify;"><span style="font-family:Arial,Helvetica,sans-serif;">Since 2014, many other blockchains have adopted DigiByte technology such as [https://www.dgbwiki.com/index.php?title=DigiShield DigiShield].</span></p> <p style="text-align: justify;"><span style="font-family:Arial,Helvetica,sans-serif;">DigiByte has never been funded through an ICO, presale or token sale, nor is there a private company controlling the DigiByte Blockchain in line with our vision for a decentralized digital future.</span></p> <p style="text-align: justify;"><span style="font-family:Arial,Helvetica,sans-serif;">[https://www.dgbwiki.com/index.php?title=Cyptocurrency_(DGB) DGB] is the Digital Asset/ [https://www.investopedia.com/terms/c/cryptocurrency.asp Cryptocurrency] with a 1000:1 ratio to BTC that is being mined over 21 years (2014-2035) with a max supply of [https://www.dgbwiki.com/index.php?title=Why_so_many_coins?_21Billion 21Billion] in the year 2035. When mass adoption arrives, </span>average people can still afford to buy an entire DigiByte.</p> <p style="text-align: justify;">With <span style="font-family:Arial,Helvetica,sans-serif;">[https://www.dgbwiki.com/index.php?title=DigiAssets DigiAssets]</span> you can build on top of the DigiByte, because it is a secure, scalable secondary layer on top of the global DigiByte blockchain that allows for the decentralized issuance of assets, tokens, smart contracts, digital identity and much more.</p> <p style="text-align: justify;"><span style="font-family:Arial,Helvetica,sans-serif;">DigiByte is secured by 280.000 nodes world-wide and is distributed by [https://www.dgbwiki.com/index.php?title=DigiByte_Mining_Breakdown 5 parallel cryptographic hashing algorithms] ([https://en.wikipedia.org/wiki/Proof_of_work PoW]) which secure the network and make it truly un-hackable.</span></p> <p style="text-align: justify;"><span style="font-family:Arial,Helvetica,sans-serif;">DigiByte transactions are nearly instantaneous and it takes 15 seconds for a first confirmation, because of this DigiByte is 40x faster than [https://en.wikipedia.org/wiki/Bitcoin Bitcoin].</span></p> <p style="text-align: justify;"><span style="font-family:Arial,Helvetica,sans-serif;">Thanks to </span><span style="color:#000000;">[https://www.dgbwiki.com/index.php?title=DigiSpeed DigiSpeed],</span><span style="font-family:Arial,Helvetica,sans-serif;">DigiByte can scale on-chain with 560 TPS now and will attain 280.000 TPS in 2035 with fees being as low as 0,01 ct USD.</span></p> <p style="text-align: justify;"><span style="font-family:Arial,Helvetica,sans-serif;">The security of the network, its incredible speed ([https://www.dgbwiki.com/index.php?title=DigiSpeed 40 x faster than Bitcoin]) & low fees makes DigiByte very suitable for performing safe and fast transactions.</span></p> <p style="text-align: justify;"><span style="font-family:Arial,Helvetica,sans-serif;">As of July 20th 2019 DigiByte has a [https://coinmarketcap.com/currencies/digibyte/ total market cap of over US $140 million], but has reached a peak of $1.3B in the past. It is the world's longest, fastest and most secure UTXO([https://en.wikipedia.org/wiki/Unspent_transaction_output Unspent transaction output]) PoW ([https://en.wikipedia.org/wiki/Proof_of_work Proof of Work]) based blockchain in existence.</span></p> <p style="text-align: justify;"><br/> [https://digibyte.io/digibyte-legal-disclaimer Legal Disclaimer] | [https://digibyte.io/digibyte-privacy-policy Privacy Policy] © Copyright DigiByte 2013 - 2019. All Rights Reserved. Released under the [https://opensource.org/licenses/mit-license.php MIT license].</p> | ||
+ | |||
== <span style="font-size:x-large;">'''DigiByte Technical Specifications'''</span> == | == <span style="font-size:x-large;">'''DigiByte Technical Specifications'''</span> == | ||
| | ||
− | {| class="Table" style="width: | + | === '''Denominations''' === |
− | |- style="height: | + | |
− | | style="width: | + | {| class="Table" style="width:817.0pt; border-collapse:collapse; border:solid windowtext 1.0pt" width="1089" |
− | <span style="color: | + | |- style="height:16.0pt" |
+ | | nowrap="nowrap" style="width:339.0pt; border:solid windowtext 1.0pt" width="452" | | ||
+ | [https://en.wikipedia.org/wiki/Plural <span style="height:16.0pt"><span style="color:black">Plural</span></span>] | ||
+ | |||
+ | | nowrap="nowrap" style="width:478.0pt; border:solid windowtext 1.0pt; border-left:none" width="637" | | ||
+ | <span style="height:16.0pt"><span style="color:black">DigiBytes</span></span> | ||
+ | |||
+ | |- style="height:16.0pt" | ||
+ | | nowrap="nowrap" style="width:339.0pt; border:solid windowtext 1.0pt; border-top:none" width="452" | | ||
+ | [https://en.wikipedia.org/wiki/Currency_symbol <span style="height:16.0pt"><span style="color:black">Symbol</span></span>] | ||
+ | |||
+ | | nowrap="nowrap" style="width:478.0pt; border-top:none; border-left:none; border-bottom:solid windowtext 1.0pt; border-right:solid windowtext 1.0pt" width="637" | | ||
+ | <span style="height:16.0pt"><span style="color:black">Ɗ</span></span> | ||
+ | |||
+ | |- style="height:16.0pt" | ||
+ | | nowrap="nowrap" style="width:339.0pt; border:solid windowtext 1.0pt; border-top:none" width="452" | | ||
+ | [https://en.wikipedia.org/wiki/Ticker_symbol <span style="height:16.0pt"><span style="color:black">Ticker symbol</span></span>] | ||
+ | |||
+ | | nowrap="nowrap" style="width:478.0pt; border-top:none; border-left:none; border-bottom:solid windowtext 1.0pt; border-right:solid windowtext 1.0pt" width="637" | | ||
+ | [https://www.dgbwiki.com/index.php?title=Cyptocurrency_(DGB) DGB] | ||
+ | |||
+ | |- style="height:19.0pt" | ||
+ | | nowrap="nowrap" style="width:339.0pt; border:solid windowtext 1.0pt; border-top:none" width="452" | | ||
+ | <span style="height:19.0pt"><span style="color:black">Precision</span></span> | ||
+ | |||
+ | | nowrap="nowrap" style="width:478.0pt; border-top:none; border-left:none; border-bottom:solid windowtext 1.0pt; border-right:solid windowtext 1.0pt" width="637" | | ||
+ | <span style="height:19.0pt"><span style="color:black">10<sup>−8</sup></span></span> | ||
+ | |||
+ | |} | ||
+ | |||
+ | === '''Subunits''' === | ||
+ | |||
+ | {| class="Table" style="width:817.0pt; border-collapse:collapse; border:solid windowtext 1.0pt" width="1089" | ||
+ | |- style="height:16.0pt" | ||
+ | | nowrap="nowrap" style="width:339.0pt; border:solid windowtext 1.0pt" width="452" | | ||
+ | <span style="height:16.0pt"><span style="color:black">1⁄1000</span></span> | ||
+ | |||
+ | | nowrap="nowrap" style="width:478.0pt; border:solid windowtext 1.0pt; border-left:none" width="637" | | ||
+ | <span style="height:16.0pt"><span style="color:black">milliDigiByte</span></span> | ||
+ | |||
+ | |- style="height:16.0pt" | ||
+ | | nowrap="nowrap" style="width:339.0pt; border:solid windowtext 1.0pt; border-top:none" width="452" | | ||
+ | <span style="height:16.0pt"><span style="color:black">1⁄100000000</span></span> | ||
− | | style="width: | + | | nowrap="nowrap" style="width:478.0pt; border-top:none; border-left:none; border-bottom:solid windowtext 1.0pt; border-right:solid windowtext 1.0pt" width="637" | |
− | <span style=" | + | <span style="height:16.0pt"><span style="color:black">dSats (DigiSatoshi)</span></span> |
− | | | + | |} |
− | |||
− | |||
− | + | === '''Development''' === | |
− | |||
− | | | + | {| class="Table" style="width:817.0pt; border-collapse:collapse; border:solid windowtext 1.0pt" width="1089" |
− | + | |- style="height:16.0pt" | |
− | + | | nowrap="nowrap" style="width:339.0pt; border:solid windowtext 1.0pt" width="452" | | |
+ | [https://en.wikipedia.org/wiki/Software_developer <span style="height:16.0pt"><span style="color:black">Original author(s)</span></span>] | ||
− | | style="width: | + | | nowrap="nowrap" style="width:478.0pt; border:solid windowtext 1.0pt; border-left:none" width="637" | |
− | [https:// | + | [https://www.dgbwiki.com/index.php?title=Creator_&_Founder_of_DigiByte <span style="height:16.0pt"><span style="color:black">Jared Tate</span></span>] |
− | |- style="height: | + | |- style="height:16.0pt" |
− | | style="width: | + | | nowrap="nowrap" style="width:339.0pt; border:solid windowtext 1.0pt; border-top:none" width="452" | |
− | + | [https://en.wikipedia.org/wiki/White_paper <span style="height:16.0pt"><span style="color:black">White paper</span></span>] | |
− | | style="width: | + | | nowrap="nowrap" style="width:478.0pt; border-top:none; border-left:none; border-bottom:solid windowtext 1.0pt; border-right:solid windowtext 1.0pt" width="637" | |
− | <span style=" | + | [https://bitcoin.org/bitcoin.pdf <span style="height:16.0pt"><span style="color:black">"Bitcoin: A Peer-to-Peer Electronic Cash System"</span></span>] |
− | |- style="height: | + | |- style="height:16.0pt" |
− | | style="width: | + | | nowrap="nowrap" style="width:339.0pt; border:solid windowtext 1.0pt; border-top:none" width="452" | |
− | <span style=" | + | <span style="height:16.0pt"><span style="color:black">Implementation(s)</span></span> |
− | | style="width: | + | | nowrap="nowrap" style="width:478.0pt; border-top:none; border-left:none; border-bottom:solid windowtext 1.0pt; border-right:solid windowtext 1.0pt" width="637" | |
− | + | [https://github.com/digibyte-core <span style="height:16.0pt"><span style="color:black">DigiByte Core</span></span>] | |
− | |- style="height: | + | |- style="height:16.0pt" |
− | | style="width: | + | | nowrap="nowrap" style="width:339.0pt; border:solid windowtext 1.0pt; border-top:none" width="452" | |
− | + | <span style="height:16.0pt"><span style="color:black">Initial release</span></span> | |
− | | style="width: | + | | nowrap="nowrap" style="width:478.0pt; border-top:none; border-left:none; border-bottom:solid windowtext 1.0pt; border-right:solid windowtext 1.0pt" width="637" | |
− | + | <span style="height:16.0pt"><span style="color:black">1.0 / 10 January 2014 (5 years ago)</span></span> | |
− | |- style="height: | + | |- style="height:16.0pt" |
− | | style="width: | + | | nowrap="nowrap" style="width:339.0pt; border:solid windowtext 1.0pt; border-top:none" width="452" | |
− | + | [https://en.wikipedia.org/wiki/Software_release_life_cycle <span style="height:16.0pt"><span style="color:black">Latest release</span></span>] | |
− | | style="width: | + | | nowrap="nowrap" style="width:478.0pt; border-top:none; border-left:none; border-bottom:solid windowtext 1.0pt; border-right:solid windowtext 1.0pt" width="637" | |
− | <span style=" | + | <span style="height:16.0pt"><span style="color:black">7.17.2 / 3 May 2019 ( 3 months ago)</span></span> |
− | |- style="height: | + | |- style="height:16.0pt" |
− | | style="width: | + | | nowrap="nowrap" style="width:339.0pt; border:solid windowtext 1.0pt; border-top:none" width="452" | |
− | + | <span style="height:16.0pt"><span style="color:black">Development status</span></span> | |
− | | style="width: | + | | nowrap="nowrap" style="width:478.0pt; border-top:none; border-left:none; border-bottom:solid windowtext 1.0pt; border-right:solid windowtext 1.0pt" width="637" | |
− | <span style=" | + | <span style="height:16.0pt"><span style="color:black">Active</span></span> |
− | |- style="height: | + | |- style="height:16.0pt" |
− | | style="width: | + | | nowrap="nowrap" style="width:339.0pt; border:solid windowtext 1.0pt; border-top:none" width="452" | |
− | + | <span style="height:16.0pt"><span style="color:black">Website</span></span> | |
− | | style="width: | + | | nowrap="nowrap" style="width:478.0pt; border-top:none; border-left:none; border-bottom:solid windowtext 1.0pt; border-right:solid windowtext 1.0pt" width="637" | |
− | [https:// | + | [https://digibyte.io/ <font color="#000000">DigiByte.io</font>] |
− | | | + | |} |
− | |||
− | |||
− | + | === '''Ledger''' === | |
− | |||
− | | | + | {| class="Table" style="width:817.0pt; border-collapse:collapse; border:solid windowtext 1.0pt" width="1089" |
− | + | |- style="height:16.0pt" | |
− | + | | nowrap="nowrap" style="width:339.0pt; border:solid windowtext 1.0pt" width="452" | | |
+ | <span style="height:16.0pt"><span style="color:black">Ledger start</span></span> | ||
− | | style="width: | + | | nowrap="nowrap" style="width:478.0pt; border:solid windowtext 1.0pt; border-left:none" width="637" | |
− | <span style=" | + | <span style="height:16.0pt"><span style="color:black">10 January 2014 (5 years ago)</span></span> |
− | |- style="height: | + | |- style="height:16.0pt" |
− | | style="width: | + | | nowrap="nowrap" style="width:339.0pt; border:solid windowtext 1.0pt; border-top:none" width="452" | |
− | + | <span style="height:16.0pt"><span style="color:black">Genesis Block Hash</span></span> | |
− | | style="width: | + | | nowrap="nowrap" style="width:478.0pt; border-top:none; border-left:none; border-bottom:solid windowtext 1.0pt; border-right:solid windowtext 1.0pt" width="637" | |
− | <span style=" | + | <span style="height:16.0pt"><u><span style="color:#0563c1">[https://digiexplorer.info/block/4da631f2ac1bed857bd968c67c913978274d8aabed64ab2bcebc1665d7f4d3a0 <span style="color:#0563c1">"USA Today: 10/Jan/2014, Target: Data stolen from up to 110M customers"</span>]</span></u></span> |
− | |- style="height: | + | |- style="height:16.0pt" |
− | | style="width: | + | | nowrap="nowrap" style="width:339.0pt; border:solid windowtext 1.0pt; border-top:none" width="452" | |
− | + | [https://en.wikipedia.org/wiki/Trusted_timestamping <span style="height:16.0pt"><span style="color:black">Timestamping scheme</span></span>] | |
− | | style="width: | + | | nowrap="nowrap" style="width:478.0pt; border-top:none; border-left:none; border-bottom:solid windowtext 1.0pt; border-right:solid windowtext 1.0pt" width="637" | |
− | + | <span style="height:16.0pt"><span style="color:black">[https://en.wikipedia.org/wiki/Proof-of-work_system Proof-of-work] (partial hash inversion)</span></span> | |
− | |- style="height: | + | |- style="height:16.0pt" |
− | | style="width: | + | | nowrap="nowrap" style="width:339.0pt; border:solid windowtext 1.0pt; border-top:none" width="452" | |
− | + | [https://en.wikipedia.org/wiki/Hash_function <span style="height:16.0pt"><span style="color:black">Hash function</span></span>] | |
− | | style="width: | + | | nowrap="nowrap" style="width:478.0pt; border-top:none; border-left:none; border-bottom:solid windowtext 1.0pt; border-right:solid windowtext 1.0pt" width="637" | |
− | + | [https://www.dgbwiki.com/index.php?title=DigiByte_Mining_Breakdown SHA256], [https://www.dgbwiki.com/index.php?title=DigiByte_Mining_Breakdown Scrypt], [https://www.dgbwiki.com/index.php?title=Odocrypt Odocrypt], [https://www.dgbwiki.com/index.php?title=DigiByte_Mining_Breakdown Skein] & [https://www.dgbwiki.com/index.php?title=DigiByte_Mining_Breakdown Qubit] | |
− | |- style="height: | + | |- style="height:16.0pt" |
− | | style="width: | + | | nowrap="nowrap" style="width:339.0pt; border:solid windowtext 1.0pt; border-top:none" width="452" | |
− | + | <span style="height:16.0pt"><span style="color:black">Issuance schedule</span></span> | |
− | | style="width: | + | | nowrap="nowrap" style="width:478.0pt; border-top:none; border-left:none; border-bottom:solid windowtext 1.0pt; border-right:solid windowtext 1.0pt" width="637" | |
− | + | <span style="height:16.0pt"><span style="color:black">Decentralized (block reward) Initially Ɗ72,000 per block, 1% halved every month</span></span> | |
− | |- style="height: | + | |- style="height:16.0pt" |
− | | style="width: | + | | nowrap="nowrap" style="width:339.0pt; border:solid windowtext 1.0pt; border-top:none" width="452" | |
− | + | <span style="height:16.0pt"><span style="color:black">Block reward</span></span> | |
− | | style="width: | + | | nowrap="nowrap" style="width:478.0pt; border-top:none; border-left:none; border-bottom:solid windowtext 1.0pt; border-right:solid windowtext 1.0pt" width="637" | |
− | [https:// | + | <span style="height:16.0pt"><span style="color:black">658.21123431 DGB (July 2019)</span></span> |
+ | |||
+ | |- style="height:16.0pt" | ||
+ | | nowrap="nowrap" style="width:339.0pt; border:solid windowtext 1.0pt; border-top:none" width="452" | | ||
+ | <span style="height:16.0pt"><span style="color:black">Block time</span></span> | ||
+ | |||
+ | | nowrap="nowrap" style="width:478.0pt; border-top:none; border-left:none; border-bottom:solid windowtext 1.0pt; border-right:solid windowtext 1.0pt" width="637" | | ||
+ | <span style="height:16.0pt"><span style="color:black">15 seconds, (75 seconds per Algo)</span></span> | ||
+ | |||
+ | |- style="height:16.0pt" | ||
+ | | nowrap="nowrap" style="width:339.0pt; border:solid windowtext 1.0pt; border-top:none" width="452" | | ||
+ | <span style="height:16.0pt"><span style="color:black">Algo Block Share</span></span> | ||
+ | |||
+ | | nowrap="nowrap" style="width:478.0pt; border-top:none; border-left:none; border-bottom:solid windowtext 1.0pt; border-right:solid windowtext 1.0pt" width="637" | | ||
+ | <span style="height:16.0pt"><span style="color:black">20% Block Share per Algo (5)</span></span> | ||
+ | |||
+ | |- style="height:16.0pt" | ||
+ | | nowrap="nowrap" style="width:339.0pt; border:solid windowtext 1.0pt; border-top:none" width="452" | | ||
+ | <span style="height:16.0pt"><span style="color:black">Difficulty Retarget</span></span> | ||
+ | |||
+ | | nowrap="nowrap" style="width:478.0pt; border-top:none; border-left:none; border-bottom:solid windowtext 1.0pt; border-right:solid windowtext 1.0pt" width="637" | | ||
+ | <span style="height:16.0pt"><span style="color:black">Every 1 Block, 5 Separate Difficulties, 1 For each Mining Algo</span></span> | ||
+ | |||
+ | |- style="height:16.0pt" | ||
+ | | nowrap="nowrap" style="width:339.0pt; border:solid windowtext 1.0pt; border-top:none" width="452" | | ||
+ | <span style="height:16.0pt"><span style="color:black">Block explorer</span></span> | ||
+ | |||
+ | | nowrap="nowrap" style="width:478.0pt; border-top:none; border-left:none; border-bottom:solid windowtext 1.0pt; border-right:solid windowtext 1.0pt" width="637" | | ||
+ | [https://digiexplorer.info/ <span style="height:16.0pt"><span style="color:black">digiexplorer.info</span></span>] | ||
+ | |||
+ | |- style="height:16.0pt" | ||
+ | | nowrap="nowrap" style="width:339.0pt; border:solid windowtext 1.0pt; border-top:none" width="452" | | ||
+ | <span style="height:16.0pt"><span style="color:black">Circulating supply</span></span> | ||
+ | |||
+ | | nowrap="nowrap" style="width:478.0pt; border-top:none; border-left:none; border-bottom:solid windowtext 1.0pt; border-right:solid windowtext 1.0pt" width="637" | | ||
+ | <span style="height:16.0pt"><span style="color:black">12,074,749,440 DGB (July 2019)</span></span> | ||
+ | |||
+ | |- style="height:16.0pt" | ||
+ | | nowrap="nowrap" style="width:339.0pt; border:solid windowtext 1.0pt; border-top:none" width="452" | | ||
+ | <span style="height:16.0pt"><span style="color:black">Supply limit</span></span> | ||
+ | |||
+ | | nowrap="nowrap" style="width:478.0pt; border-top:none; border-left:none; border-bottom:solid windowtext 1.0pt; border-right:solid windowtext 1.0pt" width="637" | | ||
+ | <span style="height:16.0pt"><span style="color:black">Ɗ21,000,000,000</span></span> | ||
+ | |||
+ | |- style="height:16.0pt" | ||
+ | | nowrap="nowrap" style="width:339.0pt; border:solid windowtext 1.0pt; border-top:none" width="452" | | ||
+ | <span style="height:16.0pt"><span style="color:black">Address formats</span></span> | ||
+ | |||
+ | | nowrap="nowrap" style="width:478.0pt; border-top:none; border-left:none; border-bottom:solid windowtext 1.0pt; border-right:solid windowtext 1.0pt" width="637" | | ||
+ | <span style="height:16.0pt"><u><span style="color:#0563c1">[https://medium.com/@josiah_digibyte/technical-new-address-formats-and-rpc-calls-c1119317a76c <span style="color:#0563c1">"D" prefixed Legacy, "S" prefixed p2sh MultiSig/SegWit, "dgb1" prefixed bech32 native SegWit</span>]</span></u></span> | ||
+ | |||
+ | |- style="height:16.0pt" | ||
+ | | nowrap="nowrap" style="width:339.0pt; border:solid windowtext 1.0pt; border-top:none" width="452" | | ||
+ | <span style="height:16.0pt"><span style="color:black">SegWit Support</span></span> | ||
+ | |||
+ | | nowrap="nowrap" style="width:478.0pt; border-top:none; border-left:none; border-bottom:solid windowtext 1.0pt; border-right:solid windowtext 1.0pt" width="637" | | ||
+ | <span style="height:16.0pt"><u><span style="color:#0563c1">[https://twitter.com/digibytecoin/status/857995712843448320?lang=en <span style="color:#0563c1">Yes. First major Altcoin to successfully activate SegWit. (April 2017)</span>]</span></u></span> | ||
+ | |||
+ | |- style="height:16.0pt" | ||
+ | | nowrap="nowrap" style="width:339.0pt; border:solid windowtext 1.0pt; border-top:none" width="452" | | ||
+ | <span style="height:16.0pt"><span style="color:black">5x Hardforks</span></span> | ||
+ | |||
+ | | nowrap="nowrap" style="width:478.0pt; border-top:none; border-left:none; border-bottom:solid windowtext 1.0pt; border-right:solid windowtext 1.0pt" width="637" | | ||
+ | [https://www.dgbwiki.com/index.php?title=DigiShield DigiShield], [https://www.dgbwiki.com/index.php?title=MultiAlgo MultiAlgo], [https://www.dgbwiki.com/index.php?title=MultiShield MultiShield], [https://www.dgbwiki.com/index.php?title=DigiSpeed DigiSpeed] & [https://www.dgbwiki.com/index.php?title=Odocrypt Odocrypt] | ||
+ | |||
+ | |- style="height:16.0pt" | ||
+ | | nowrap="nowrap" style="width:339.0pt; border:solid windowtext 1.0pt; border-top:none" width="452" | | ||
+ | <span style="height:16.0pt"><span style="color:black">4x Softforks</span></span> | ||
+ | |||
+ | | nowrap="nowrap" style="width:478.0pt; border-top:none; border-left:none; border-bottom:solid windowtext 1.0pt; border-right:solid windowtext 1.0pt" width="637" | | ||
+ | [https://en.wikipedia.org/wiki/SegWit SegWit], CSV, NVersionBits & [https://www.dgbwiki.com/index.php?title=Dandelion Dandelion++] <span style="height:16.0pt"><span style="color:black"></span></span> | ||
|} | |} | ||
+ | |||
+ | | ||
== <br/> <span style="font-size:x-large;">'''Contribute Today'''</span> == | == <br/> <span style="font-size:x-large;">'''Contribute Today'''</span> == |
Revision as of 10:11, 20 August 2019
Contents
- 1 DigiByte Technical Specifications
- 2 Contribute Today
- 3 DigiByte Basic Information
- 4 DigiByte Support
- 5 DigiByte Ecosystem for Buying, Storing & getting DGB
- 6 DigiByte Ecosystem for using DGB
- 7 DigiByte Mining
- 8 Become Part of the DigiByte Community
- 9 DigiByte Marketing
- 10 DigiByte Digi-ID
- 11 DigiByte Related Websites
- 12 DigiByte FAQs
- 13 DigiByte Guides
- 14 DigiByte Articles
DigiByte (DGB) is a decentralized global UTXO PoW based blockchain (just like Bitcoin) with its focus on Cyber Security, DigiAssets & facilitating fast and secure transactions.
The DigiByte blockchain was developed in 2013 and released in January 2014 by Jared Tate (Creator & Founder of DigiByte) with an open-source protocol.
Although based on Bitcoin, adjustments in the code allow for improved functionality, including 15-second block time, real-time difficulty adjustment and improved security, because of this DigiByte is very suitable for facilitating fast and secure transactions.
DigiByte is also the first major Altcoin to succesfully activate SegWit (April 2017), MultiAlgo mining (September 2014) and DigiShield (February 2014).
Since 2014, many other blockchains have adopted DigiByte technology such as DigiShield.
DigiByte has never been funded through an ICO, presale or token sale, nor is there a private company controlling the DigiByte Blockchain in line with our vision for a decentralized digital future.
DGB is the Digital Asset/ Cryptocurrency with a 1000:1 ratio to BTC that is being mined over 21 years (2014-2035) with a max supply of 21Billion in the year 2035. When mass adoption arrives, average people can still afford to buy an entire DigiByte.
With DigiAssets you can build on top of the DigiByte, because it is a secure, scalable secondary layer on top of the global DigiByte blockchain that allows for the decentralized issuance of assets, tokens, smart contracts, digital identity and much more.
DigiByte is secured by 280.000 nodes world-wide and is distributed by 5 parallel cryptographic hashing algorithms (PoW) which secure the network and make it truly un-hackable.
DigiByte transactions are nearly instantaneous and it takes 15 seconds for a first confirmation, because of this DigiByte is 40x faster than Bitcoin.
Thanks to DigiSpeed,DigiByte can scale on-chain with 560 TPS now and will attain 280.000 TPS in 2035 with fees being as low as 0,01 ct USD.
The security of the network, its incredible speed (40 x faster than Bitcoin) & low fees makes DigiByte very suitable for performing safe and fast transactions.
As of July 20th 2019 DigiByte has a total market cap of over US $140 million, but has reached a peak of $1.3B in the past. It is the world's longest, fastest and most secure UTXO(Unspent transaction output) PoW (Proof of Work) based blockchain in existence.
Legal Disclaimer | Privacy Policy © Copyright DigiByte 2013 - 2019. All Rights Reserved. Released under the MIT license.
DigiByte Technical Specifications
Denominations
DigiBytes | |
Ɗ | |
Precision |
10−8 |
Subunits
1⁄1000 |
milliDigiByte |
1⁄100000000 |
dSats (DigiSatoshi) |
Development
Implementation(s) |
|
Initial release |
1.0 / 10 January 2014 (5 years ago) |
7.17.2 / 3 May 2019 ( 3 months ago) | |
Development status |
Active |
Website |
Ledger
Ledger start |
10 January 2014 (5 years ago) |
Genesis Block Hash |
"USA Today: 10/Jan/2014, Target: Data stolen from up to 110M customers" |
Proof-of-work (partial hash inversion) | |
Issuance schedule |
Decentralized (block reward) Initially Ɗ72,000 per block, 1% halved every month |
Block reward |
658.21123431 DGB (July 2019) |
Block time |
15 seconds, (75 seconds per Algo) |
Algo Block Share |
20% Block Share per Algo (5) |
Difficulty Retarget |
Every 1 Block, 5 Separate Difficulties, 1 For each Mining Algo |
Block explorer |
|
Circulating supply |
12,074,749,440 DGB (July 2019) |
Supply limit |
Ɗ21,000,000,000 |
Address formats |
"D" prefixed Legacy, "S" prefixed p2sh MultiSig/SegWit, "dgb1" prefixed bech32 native SegWit |
SegWit Support |
Yes. First major Altcoin to successfully activate SegWit. (April 2017) |
5x Hardforks |
|
4x Softforks |
SegWit, CSV, NVersionBits & Dandelion++ |
Contribute Today
Start contributing to DigiByte core development today or begin building your own application on top of the DigiByte blockchain. Everyone that is working on DigiByte is a volunteer.
DigiByte Official Developers Telegram 🛠(Communicate with other DigiByte developers)
Current version: v7.17.2(Current version of the DigiByte Blockchain)
DigiByte Protocol GitHub(DigiByte Blockchain code only)
DigiByte Core GitHub(DigiByte Core projects & repositories)
DigiAssets Protocol GitHub(Secure, scalable secondary layer on top of the global DigiByte blockchain that allows for the decentralized issuance of assets, tokens, smart contracts, digital identity and much more)
DigiByte Media Kit GitHub(Logos, Icons & More)
DigiByte Integration Guide(List DigiByte, DGB)
This wiki is run by the DigiByte community and is open to be added to (After email verification), so in the spirit of decentralization, contributions are also available by anyone. Please avoid shameless self-promotion and referral links.
DigiByte Basic Information
- DigiByte History
- Cyptocurrency (DGB)
- Creator & Founder of DigiByte
- What makes up the DigiByte blockchain?
- What makes DigiByte Different?
- What makes DigiByte More Secure?
- What makes DigiByte Faster?
- What makes DigiByte Forward Thinking?
- Why so many coins? 21Billion
- CyberSecurity Solutions
- Decentralisation
- Fast transaction times
- Low Fees
- On Chain Scalability
- Robust security + The Immutable Ledger
- DigiShield
- MultiAlgo
- MultiShield
- DigiSpeed
- DigiAssets
- Dandelion
- Odocrypt
- DigiByte application changelogs
DigiByte Support
- Where to get help (Telegram)
- Donations (Directly help the DigiByte Awareness and Outreach Team)
- Business inquiries (Contact)
- Integration Guide (List DigiByte, DGB)
- DigiSweep (Recover stuck DigiByte)
- Building from source (Not yet completed)
- Running a full node (A full copy of the DigiByte Blockchain)
- Running your own Insight explorer (Create your own DigiByte Explorer)
- Upgrading your DigiByte Core Wallet (Instructions for upgrading your core wallet)
- Speeding up sync for your DigiByte Core Wallet (Instructions for speeding up the sync process)
DigiByte Ecosystem for Buying, Storing & getting DGB
- Exchanges (Buy & Sell DGB)
- Wallets (Manage & Securely Store your DigiBytes)
- Payment Processors (Spend DGB)
- ATMs (Buy & Sell DGB)
- Faucets (DGB Reward System)
DigiByte Ecosystem for using DGB
- DigiByte Explorers (Detailed information about DigiByte blocks, addresses, and transactions)
- Places to spend DGB (Spend DGB)
- DGB Debit Cards (Spend DGB with Debit Card)
- Built with DigiByte (DigiAssets)
- Aircoins (Find and Collect DigiByte, DGB in Augmented Reality)
DigiByte Mining
- Start Mining DigiByte (Starting guide)
- DigiByte Mining Breakdown (The five mining algorithms)
- Supported Pools (Pooling of resources by miners)
- Supported ASICs (Application-specific integrated circuit)
- Supported GPUs (Graphics processing unit)
- Supported FPGAs (Field-programmable gate array)
- One Click Miner (GPU mining on Windows)
Become Part of the DigiByte Community
DigiByte Marketing
- Ways to introduce DigiByte (Introduce to DigiByte)
- DigiByte Awareness and Outreach Team (DGBAT)
- DigiByte Media Kit (Logo's, Icons & More)
- Promotional images (PromoteDGB)
- DigiByte Memes (Not yet completed)
DigiByte Digi-ID
- What is Digi-ID? (YouTube explanation video)
- Digi-ID website (Official Digi-ID Website)
- Integration Guide (Integrate Digi-ID)
- Digi-ID supported sites (Sites, where Digi-ID is integrated)
DigiByte Related Websites
- Official Website (Official DigiByte Website)
- DigiByte Awareness Team (DigiByte Awareness and Outreach Team)
- Blockchain 2035 (Jared Tate's Book)
- DigiByteWallets.com (Compare and choose your DigiByte Wallet)
- DigiByte Rocks (Repository of links to useful resources for DigiByte users & developers)
- DigiByteTorch.com (Showcasing DigiAssets)
- DiguSign (Securely store, notarize, validate and secure any document)
- VESTi (Vest in your future using advanced blockchain technology)
- V-ID (Validation service uses blockchain technology to end all document fraud)
- AntumID (World Privacy ID and DigiByte Blockchain authentication services)
- PromoteDGB.com (Offers wide range of promotional materials (digital & print) for the DigiByte Blockchain)
- Block 30 Labs (BLOCKS powered by DigiByte as a DigiAsset)
- DigiBytePay.us (DigiCafé Mobile Point of Sale App)
DigiByte FAQs
- FAQs (Frequently Asked Questions)
DigiByte Guides
- DigiByte Guides (Helpful Guides, disclaimer it could contain outdated information)
- Integration Guide v1.4 (List DigiByte, DGB)
- DigiByte Media Kit (Logos, Icons & More)