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;">[https://digibyte.io/ DigiByte] ([https://twitter.com/digibytecoin?lang=en DGB]) is a [https://en.wikipedia.org/wiki/Decentralization decentralized] global UTXO [https://digibyte.io/digibyte-blockchain-faq blockchain]&nbsp;with the focus on Cyber Security that is very suitable for facilitating fast and secure transactions.&nbsp;</p> <p style="text-align: justify;">The DigiByte blockchain was developed in 2013 and released in [https://www.digibyte.io/digibyte-frequently-asked-questions January 2014] with an open-source protocol.<br/> DGB&nbsp;is the Digital Asset/ [https://www.investopedia.com/terms/c/cryptocurrency.asp Cryptocurrency] and is being mined over time (21 Billion over 21 years 2014-2035 with a 1000:1 ratio to BTC)&nbsp;with a max supply of 21Billion in 2035.&nbsp;</p> <p style="text-align: justify;">Although based on Bitcoin, adjustments in the code allow for improved functionality, including 15-second block time, real-time difficulty adjustment and improved security.<br/> The DigiByte blockchain has 5 different ways of confirming transactions, this makes DigiByte one of the safest networks, with a zero chance of a 51% attack ([https://en.bitcoin.it/wiki/Majority_attack a take-over of the majority of all the mining power]).</p> <p style="text-align: justify;">The security of the network and its incredible speed ([https://www.dgbwiki.com/index.php?title=DigiSpeed 40 x faster than Bitcoin]) makes DigiByte very suitable for performing safe and fast transactions.<br/> 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 PoW ([https://en.wikipedia.org/wiki/Proof_of_work Proof of Work]) UTXO([https://en.wikipedia.org/wiki/Unspent_transaction_output Unspent transaction output]) blockchain in existence.</p> <p style="text-align: justify;"><br/> [https://digibyte.io/digibyte-legal-disclaimer Legal Disclaimer]&nbsp;|&nbsp;[https://digibyte.io/digibyte-privacy-policy Privacy Policy]&nbsp; © Copyright DigiByte 2013 - 2019. All Rights Reserved. Released under the&nbsp;[https://opensource.org/licenses/mit-license.php MIT license].</p>  
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<div style="float: right; padding: 25px 50px; text-align: justify;">__TOC__</div> <p style="text-align: justify;">[https://digibyte.io/ DigiByte] ([https://twitter.com/digibytecoin?lang=en DGB]) is a [https://en.wikipedia.org/wiki/Decentralization decentralized] global PoW UTXO [https://digibyte.io/digibyte-blockchain-faq blockchain]&nbsp;(just like Bitcoin) with the focus on Cyber Security and&nbsp;is very suitable for facilitating fast and secure transactions.&nbsp;</p> <p style="text-align: justify;">The DigiByte blockchain was developed in 2013 and released in [https://www.digibyte.io/digibyte-frequently-asked-questions January 2014]&nbsp;by [https://www.dgbwiki.com/index.php?title=Creator_&_Founder_of_DigiByte Jared Tate] (Creator & Founder of&nbsp;DigiByte)&nbsp;with an open-source protocol.<br/> DGB&nbsp;is the Digital Asset/ [https://www.investopedia.com/terms/c/cryptocurrency.asp Cryptocurrency] and is being mined over time (21 Billion over 21 years 2014-2035 with a 1000:1 ratio to BTC)&nbsp;with a max supply of 21Billion in 2035.&nbsp;</p> <p style="text-align: justify;">Although based on Bitcoin, adjustments in the code allow for improved functionality, including 15-second block time, real-time difficulty adjustment and improved security.<br/> The DigiByte blockchain has 5 different ways of confirming transactions, this makes DigiByte one of the safest networks, with a zero chance of a 51% attack ([https://en.bitcoin.it/wiki/Majority_attack a take-over of the majority of all the mining power]).</p> <p style="text-align: justify;">The security of the network and its incredible speed ([https://www.dgbwiki.com/index.php?title=DigiSpeed 40 x faster than Bitcoin]) makes DigiByte very suitable for performing safe and fast transactions.<br/> 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 PoW ([https://en.wikipedia.org/wiki/Proof_of_work Proof of Work]) UTXO([https://en.wikipedia.org/wiki/Unspent_transaction_output Unspent transaction output]) blockchain in existence.</p> <p style="text-align: justify;"><br/> [https://digibyte.io/digibyte-legal-disclaimer Legal Disclaimer]&nbsp;|&nbsp;[https://digibyte.io/digibyte-privacy-policy Privacy Policy]&nbsp; © Copyright DigiByte 2013 - 2019. All Rights Reserved. Released under the&nbsp;[https://opensource.org/licenses/mit-license.php MIT license].</p>  
 
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<span style="font-size:x-large;">'''DigiByte Technical Specifications'''</span>
 
<span style="font-size:x-large;">'''DigiByte Technical Specifications'''</span>
  
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<span style="color:#000000;">'''<span style="line-height:normal"><span style="height:15.0pt">Launch Date:</span></span>'''</span>
 
<span style="color:#000000;">'''<span style="line-height:normal"><span style="height:15.0pt">Launch Date:</span></span>'''</span>
  
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<span style="line-height:normal"><span style="height:15.0pt"><span style="color:black">January 10th, 2014</span></span></span>
 
<span style="line-height:normal"><span style="height:15.0pt"><span style="color:black">January 10th, 2014</span></span></span>
  
 
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[https://digiexplorer.info/block/4da631f2ac1bed857bd968c67c913978274d8aabed64ab2bcebc1665d7f4d3a0 <span style="line-height:normal"><span style="height:30.0pt">'''<span style="color:black">Genesis Block Hash:</span>'''</span></span>]
 
[https://digiexplorer.info/block/4da631f2ac1bed857bd968c67c913978274d8aabed64ab2bcebc1665d7f4d3a0 <span style="line-height:normal"><span style="height:30.0pt">'''<span style="color:black">Genesis Block Hash:</span>'''</span></span>]
  
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<span style="line-height:normal"><span style="height:30.0pt"><span style="color:black">"USA Today: 10/Jan/2014, Target: Data stolen from up to 110M customers"</span></span></span>
 
<span style="line-height:normal"><span style="height:30.0pt"><span style="color:black">"USA Today: 10/Jan/2014, Target: Data stolen from up to 110M customers"</span></span></span>
  
 
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<span style="line-height:normal"><span style="height:15.0pt">'''<span style="color:black">Blockchain Type:</span>'''</span></span>
 
<span style="line-height:normal"><span style="height:15.0pt">'''<span style="color:black">Blockchain Type:</span>'''</span></span>
  
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[https://opensource.org/licenses/mit-license.php <span style="color:#000000;">Public</span>]<span style="color:#000000;">,&nbsp;</span>[https://en.wikipedia.org/wiki/Decentralization <span style="color:#000000;">Decentralized</span>]<span style="color:#000000;">,&nbsp;</span>[https://en.wikipedia.org/wiki/Unspent_transaction_output <span style="color:#000000;">UTXO</span>]<span style="color:#000000;">&nbsp;</span>[https://en.wikipedia.org/wiki/Proof_of_work <span style="color:#000000;">PoW based</span>]<span style="color:#000000;">,&nbsp;</span>[https://www.dgbwiki.com/index.php?title=MultiAlgo <span style="color:#000000;">Multi-Algorithm</span>]
 
[https://opensource.org/licenses/mit-license.php <span style="color:#000000;">Public</span>]<span style="color:#000000;">,&nbsp;</span>[https://en.wikipedia.org/wiki/Decentralization <span style="color:#000000;">Decentralized</span>]<span style="color:#000000;">,&nbsp;</span>[https://en.wikipedia.org/wiki/Unspent_transaction_output <span style="color:#000000;">UTXO</span>]<span style="color:#000000;">&nbsp;</span>[https://en.wikipedia.org/wiki/Proof_of_work <span style="color:#000000;">PoW based</span>]<span style="color:#000000;">,&nbsp;</span>[https://www.dgbwiki.com/index.php?title=MultiAlgo <span style="color:#000000;">Multi-Algorithm</span>]
  
 
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<span style="line-height:normal"><span style="height:15.0pt">'''<span style="color:black">Ticker Symbol:</span>'''</span></span>
 
<span style="line-height:normal"><span style="height:15.0pt">'''<span style="color:black">Ticker Symbol:</span>'''</span></span>
  
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<span style="line-height:normal"><span style="height:15.0pt"><span style="color:black">DGB</span></span></span>
 
<span style="line-height:normal"><span style="height:15.0pt"><span style="color:black">DGB</span></span></span>
  
 
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<span style="line-height:normal"><span style="height:15.0pt">'''<span style="color:black">Current Supply:</span>'''</span></span>
 
<span style="line-height:normal"><span style="height:15.0pt">'''<span style="color:black">Current Supply:</span>'''</span></span>
  
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<span style="line-height:normal"><span style="height:15.0pt"><span style="color:black">12,074,749,440 DGB (July 2019)</span></span></span>
 
<span style="line-height:normal"><span style="height:15.0pt"><span style="color:black">12,074,749,440 DGB (July 2019)</span></span></span>
  
 
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<span style="line-height:normal"><span style="height:15.0pt">'''<span style="color:black">Max Total Supply:</span>'''</span></span>
 
<span style="line-height:normal"><span style="height:15.0pt">'''<span style="color:black">Max Total Supply:</span>'''</span></span>
  
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<span style="line-height:normal"><span style="height:15.0pt"><span style="color:black">[https://www.dgbwiki.com/index.php?title=Why_so_many_coins?_21Billion <span style="color:black">21 Billion DigiBytes in 21 Years (2014 - 2035)</span>]</span></span></span>
 
<span style="line-height:normal"><span style="height:15.0pt"><span style="color:black">[https://www.dgbwiki.com/index.php?title=Why_so_many_coins?_21Billion <span style="color:black">21 Billion DigiBytes in 21 Years (2014 - 2035)</span>]</span></span></span>
  
 
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<span style="line-height:normal"><span style="height:30.0pt">'''<span style="color:black">Current Block Reward:</span>'''</span></span>
 
<span style="line-height:normal"><span style="height:30.0pt">'''<span style="color:black">Current Block Reward:</span>'''</span></span>
  
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<span style="line-height:normal"><span style="height:30.0pt"><span style="color:black">658.21123431 DGB (July 2019)</span></span></span>
 
<span style="line-height:normal"><span style="height:30.0pt"><span style="color:black">658.21123431 DGB (July 2019)</span></span></span>
  
 
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<span style="line-height:normal"><span style="height:30.0pt">'''<span style="color:black">Block Reward Reduction:</span>'''</span></span>
 
<span style="line-height:normal"><span style="height:30.0pt">'''<span style="color:black">Block Reward Reduction:</span>'''</span></span>
  
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<span style="line-height:normal"><span style="height:30.0pt"><span style="color:black">1% Monthly</span></span></span>
 
<span style="line-height:normal"><span style="height:30.0pt"><span style="color:black">1% Monthly</span></span></span>
  
 
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'''<span style="line-height:normal"><span style="height:30.0pt"><span style="color:black">[[MultiAlgo|<span style="color:black">Multi Mining Algorithms:</span>]]</span></span></span>'''
 
'''<span style="line-height:normal"><span style="height:30.0pt"><span style="color:black">[[MultiAlgo|<span style="color:black">Multi Mining Algorithms:</span>]]</span></span></span>'''
  
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[https://www.dgbwiki.com/index.php?title=DigiByte_Mining_Breakdown <span style="color:#000000;">SHA256</span>]<span style="color:#000000;">,&nbsp;</span>[https://www.dgbwiki.com/index.php?title=DigiByte_Mining_Breakdown <span style="color:#000000;">Scrypt</span>]<span style="color:#000000;">,&nbsp;</span>[https://www.dgbwiki.com/index.php?title=Odocrypt <span style="color:#000000;">Odocrypt</span>]<span style="color:#000000;">,&nbsp;</span>[https://www.dgbwiki.com/index.php?title=DigiByte_Mining_Breakdown <span style="color:#000000;">Skein</span>]<span style="color:#000000;">&nbsp;&&nbsp;</span>[https://www.dgbwiki.com/index.php?title=DigiByte_Mining_Breakdown <span style="color:#000000;">Qubit</span>]
 
[https://www.dgbwiki.com/index.php?title=DigiByte_Mining_Breakdown <span style="color:#000000;">SHA256</span>]<span style="color:#000000;">,&nbsp;</span>[https://www.dgbwiki.com/index.php?title=DigiByte_Mining_Breakdown <span style="color:#000000;">Scrypt</span>]<span style="color:#000000;">,&nbsp;</span>[https://www.dgbwiki.com/index.php?title=Odocrypt <span style="color:#000000;">Odocrypt</span>]<span style="color:#000000;">,&nbsp;</span>[https://www.dgbwiki.com/index.php?title=DigiByte_Mining_Breakdown <span style="color:#000000;">Skein</span>]<span style="color:#000000;">&nbsp;&&nbsp;</span>[https://www.dgbwiki.com/index.php?title=DigiByte_Mining_Breakdown <span style="color:#000000;">Qubit</span>]
  
 
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<span style="line-height:normal"><span style="height:15.0pt">'''<span style="color:black">Block Timing:</span>'''</span></span>
 
<span style="line-height:normal"><span style="height:15.0pt">'''<span style="color:black">Block Timing:</span>'''</span></span>
  
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[https://www.dgbwiki.com/index.php?title=DigiSpeed <span style="color:#000000;">15 Second Blocks</span>]<span style="color:#000000;">, (75 seconds per Algo)</span>
 
[https://www.dgbwiki.com/index.php?title=DigiSpeed <span style="color:#000000;">15 Second Blocks</span>]<span style="color:#000000;">, (75 seconds per Algo)</span>
  
 
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<span style="line-height:normal"><span style="height:15.0pt">'''<span style="color:black">Algo Block Share:</span>'''</span></span>
 
<span style="line-height:normal"><span style="height:15.0pt">'''<span style="color:black">Algo Block Share:</span>'''</span></span>
  
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<span style="line-height:normal"><span style="height:15.0pt"><span style="color:black">20% Block Share per Algo (5)</span></span></span>
 
<span style="line-height:normal"><span style="height:15.0pt"><span style="color:black">20% Block Share per Algo (5)</span></span></span>
  
 
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<span style="line-height:normal"><span style="height:30.0pt">'''<span style="color:black">Difficulty Retarget:</span>'''</span></span>
 
<span style="line-height:normal"><span style="height:30.0pt">'''<span style="color:black">Difficulty Retarget:</span>'''</span></span>
  
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<span style="line-height:normal"><span style="height:30.0pt"><span style="color:black">Every 1 Block, 5 Separate Difficulties, 1 For each Mining Algo</span></span></span>
 
<span style="line-height:normal"><span style="height:30.0pt"><span style="color:black">Every 1 Block, 5 Separate Difficulties, 1 For each Mining Algo</span></span></span>
  
 
|- style="height:30.0pt"
 
|- style="height:30.0pt"
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<span style="line-height:normal"><span style="height:30.0pt">'''<span style="color:black">Address formats:</span>'''</span></span>
 
<span style="line-height:normal"><span style="height:30.0pt">'''<span style="color:black">Address formats:</span>'''</span></span>
  
| style="width:290.0pt; border-top:none; border-left:none; border-bottom:solid windowtext 1.0pt; border-right:solid windowtext 1.0pt; background:#ffffff" width="387" |  
+
| style="width: 607px; border-style: none solid solid none; border-bottom-width: 1pt; border-bottom-color: windowtext; border-right-width: 1pt; border-right-color: windowtext; background-color: rgb(255, 255, 255);" width="387" |  
 
<span style="line-height:normal"><span style="height:30.0pt"><span style="color:black">[https://medium.com/@josiah_digibyte/technical-new-address-formats-and-rpc-calls-c1119317a76c <span style="color:black">"D" prefixed Legacy, "S" prefixed p2sh MultiSig/SegWit, "dgb1" prefixed bech32 native SegWit</span>]</span></span></span>
 
<span style="line-height:normal"><span style="height:30.0pt"><span style="color:black">[https://medium.com/@josiah_digibyte/technical-new-address-formats-and-rpc-calls-c1119317a76c <span style="color:black">"D" prefixed Legacy, "S" prefixed p2sh MultiSig/SegWit, "dgb1" prefixed bech32 native SegWit</span>]</span></span></span>
  
 
|- style="height:30.0pt"
 
|- style="height:30.0pt"
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+
| style="width: 181px; border-right-width: 1pt; border-bottom-width: 1pt; border-left-width: 1pt; border-style: none solid solid; border-right-color: windowtext; border-bottom-color: windowtext; border-left-color: windowtext; background-color: rgb(255, 255, 255);" width="137" |  
 
<span style="line-height:normal"><span style="height:30.0pt">'''<span style="color:black">SegWit Support:</span>'''</span></span>
 
<span style="line-height:normal"><span style="height:30.0pt">'''<span style="color:black">SegWit Support:</span>'''</span></span>
  
| style="width:290.0pt; border-top:none; border-left:none; border-bottom:solid windowtext 1.0pt; border-right:solid windowtext 1.0pt; background:#ffffff" width="387" |  
+
| style="width: 607px; border-style: none solid solid none; border-bottom-width: 1pt; border-bottom-color: windowtext; border-right-width: 1pt; border-right-color: windowtext; background-color: rgb(255, 255, 255);" width="387" |  
 
<span style="line-height:normal"><span style="height:30.0pt"><span style="color:black">[https://twitter.com/digibytecoin/status/857995712843448320?lang=en <span style="color:black">Yes. First major Altcoin to successfully activate SegWit. (April 2017)</span>]</span></span></span>
 
<span style="line-height:normal"><span style="height:30.0pt"><span style="color:black">[https://twitter.com/digibytecoin/status/857995712843448320?lang=en <span style="color:black">Yes. First major Altcoin to successfully activate SegWit. (April 2017)</span>]</span></span></span>
  
 
|- style="height:15.0pt"
 
|- style="height:15.0pt"
| style="width:103.0pt; border:solid windowtext 1.0pt; border-top:none; background:#ffffff" width="137" |  
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| style="width: 181px; border-right-width: 1pt; border-bottom-width: 1pt; border-left-width: 1pt; border-style: none solid solid; border-right-color: windowtext; border-bottom-color: windowtext; border-left-color: windowtext; background-color: rgb(255, 255, 255);" width="137" |  
 
<span style="line-height:normal"><span style="height:15.0pt">'''<span style="color:black">5x Hardforks:</span>'''</span></span>
 
<span style="line-height:normal"><span style="height:15.0pt">'''<span style="color:black">5x Hardforks:</span>'''</span></span>
  
| style="width:290.0pt; border-top:none; border-left:none; border-bottom:solid windowtext 1.0pt; border-right:solid windowtext 1.0pt; background:#ffffff" width="387" |  
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[https://www.dgbwiki.com/index.php?title=DigiShield <span style="color:#000000;">DigiShield</span>]<span style="color:#000000;">,&nbsp;</span>[https://www.dgbwiki.com/index.php?title=MultiAlgo <span style="color:#000000;">MultiAlgo</span>]<span style="color:#000000;">,&nbsp;</span>[https://www.dgbwiki.com/index.php?title=MultiShield <span style="color:#000000;">MultiShield</span>]<span style="color:#000000;">,&nbsp;</span>[https://www.dgbwiki.com/index.php?title=DigiSpeed <span style="color:#000000;">DigiSpeed</span>]<span style="color:#000000;">&nbsp;&&nbsp;</span>[https://www.dgbwiki.com/index.php?title=Odocrypt <span style="color:#000000;">Odocrypt</span>]
 
[https://www.dgbwiki.com/index.php?title=DigiShield <span style="color:#000000;">DigiShield</span>]<span style="color:#000000;">,&nbsp;</span>[https://www.dgbwiki.com/index.php?title=MultiAlgo <span style="color:#000000;">MultiAlgo</span>]<span style="color:#000000;">,&nbsp;</span>[https://www.dgbwiki.com/index.php?title=MultiShield <span style="color:#000000;">MultiShield</span>]<span style="color:#000000;">,&nbsp;</span>[https://www.dgbwiki.com/index.php?title=DigiSpeed <span style="color:#000000;">DigiSpeed</span>]<span style="color:#000000;">&nbsp;&&nbsp;</span>[https://www.dgbwiki.com/index.php?title=Odocrypt <span style="color:#000000;">Odocrypt</span>]
  
 
|- style="height:15.0pt"
 
|- style="height:15.0pt"
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<span style="line-height:normal"><span style="height:15.0pt">'''<span style="color:black">4x Softforks:</span>'''</span></span>
 
<span style="line-height:normal"><span style="height:15.0pt">'''<span style="color:black">4x Softforks:</span>'''</span></span>
  
| style="width:290.0pt; border-top:none; border-left:none; border-bottom:solid windowtext 1.0pt; border-right:solid windowtext 1.0pt; background:#ffffff" width="387" |  
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[https://en.wikipedia.org/wiki/SegWit <span style="color:#000000;">SegWit</span>]<span style="color:#000000;">, CSV, NVersionBits &&nbsp;</span>[https://www.dgbwiki.com/index.php?title=Dandelion <span style="color:#000000;">Dandelion++</span>]<span style="color:#000000;">&nbsp;&nbsp;</span>
 
[https://en.wikipedia.org/wiki/SegWit <span style="color:#000000;">SegWit</span>]<span style="color:#000000;">, CSV, NVersionBits &&nbsp;</span>[https://www.dgbwiki.com/index.php?title=Dandelion <span style="color:#000000;">Dandelion++</span>]<span style="color:#000000;">&nbsp;&nbsp;</span>
  
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Start contributing to DigiByte core development today&nbsp;or begin building your own application on top of the DigiByte blockchain.&nbsp;Everyone working on DigiByte is a volunteer.&nbsp;
 
Start contributing to DigiByte core development today&nbsp;or begin building your own application on top of the DigiByte blockchain.&nbsp;Everyone working on DigiByte is a volunteer.&nbsp;
 
&nbsp;
 
  
 
'''<u>[https://github.com/digibyte/digibyte/releases/tag/v7.17.2 Current version:&nbsp;v7.17.2]</u>'''(Current Version of the DigiByte Blockchain)
 
'''<u>[https://github.com/digibyte/digibyte/releases/tag/v7.17.2 Current version:&nbsp;v7.17.2]</u>'''(Current Version of the DigiByte Blockchain)
Line 142: Line 138:
  
 
''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.''
 
''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.''
 
&nbsp;
 
  
 
== '''<span style="font-size:x-large;">DigiByte Technical Info&nbsp;</span>''' ==
 
== '''<span style="font-size:x-large;">DigiByte Technical Info&nbsp;</span>''' ==
Line 150: Line 144:
 
*[[Creator_&_Founder_of_DigiByte|Creator & Founder of DigiByte]]  
 
*[[Creator_&_Founder_of_DigiByte|Creator & Founder of DigiByte]]  
 
*[[What_makes_up_the_DigiByte_blockchain?|What makes up the DigiByte blockchain?]]  
 
*[[What_makes_up_the_DigiByte_blockchain?|What makes up the DigiByte blockchain?]]  
 +
*[[What_makes_DigiByte_Different?|What makes DigiByte Different?]]
 
*[[What_makes_DigiByte_More_Secure?|What makes DigiByte More Secure?]]  
 
*[[What_makes_DigiByte_More_Secure?|What makes DigiByte More Secure?]]  
 
*[[What_makes_DigiByte_Faster?|What makes DigiByte Faster?]]  
 
*[[What_makes_DigiByte_Faster?|What makes DigiByte Faster?]]  
 
*[[What_makes_DigiByte_Forward_Thinking?|What makes DigiByte Forward Thinking?]]  
 
*[[What_makes_DigiByte_Forward_Thinking?|What makes DigiByte Forward Thinking?]]  
*[[What_makes_DigiByte_Different?|What makes DigiByte Different?]]
 
 
*[[Why_so_many_coins?_21Billion|Why so many coins? 21Billion]]  
 
*[[Why_so_many_coins?_21Billion|Why so many coins? 21Billion]]  
 
*[[Decentralisation|Decentralisation]]  
 
*[[Decentralisation|Decentralisation]]  

Revision as of 12:03, 8 August 2019

DigiByte (DGB) is a decentralized global PoW UTXO blockchain (just like Bitcoin) with the focus on Cyber Security and is very suitable for 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.
DGB is the Digital Asset/ Cryptocurrency and is being mined over time (21 Billion over 21 years 2014-2035 with a 1000:1 ratio to BTC) with a max supply of 21Billion in 2035. 

Although based on Bitcoin, adjustments in the code allow for improved functionality, including 15-second block time, real-time difficulty adjustment and improved security.
The DigiByte blockchain has 5 different ways of confirming transactions, this makes DigiByte one of the safest networks, with a zero chance of a 51% attack (a take-over of the majority of all the mining power).

The security of the network and its incredible speed (40 x faster than Bitcoin) 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 PoW (Proof of Work) UTXO(Unspent transaction output) blockchain in existence.


Legal Disclaimer | Privacy Policy  © Copyright DigiByte 2013 - 2019. All Rights Reserved. Released under the MIT license.


DigiByte Technical Specifications

Launch Date:

January 10th, 2014

Genesis Block Hash:

"USA Today: 10/Jan/2014, Target: Data stolen from up to 110M customers"

Blockchain Type:

PublicDecentralizedUTXO PoW basedMulti-Algorithm

Ticker Symbol:

DGB

Current Supply:

12,074,749,440 DGB (July 2019)

Max Total Supply:

21 Billion DigiBytes in 21 Years (2014 - 2035)

Current Block Reward:

658.21123431 DGB (July 2019)

Block Reward Reduction:

1% Monthly

Multi Mining Algorithms:

SHA256ScryptOdocryptSkein & Qubit

Block Timing:

15 Second Blocks, (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

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:

DigiShieldMultiAlgoMultiShieldDigiSpeed & Odocrypt

4x Softforks:

SegWit, CSV, NVersionBits & Dandelion++  


You can Contribute Today

Start contributing to DigiByte core development today or begin building your own application on top of the DigiByte blockchain. Everyone working on DigiByte is a volunteer. 

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)

DigiByte Official Developers Telegram 🛠 (Communicate with other DigiByte developers)

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 Technical Info 

DigiByte Support

DigiByte Ecosystem for Buying, Storing & getting DGB

DigiByte Ecosystem for using DGB

DigiByte Mining

Become Part of the DigiByte Community

DigiByte Marketing

DigiByte Digi-ID

DigiByte Related Websites

DigiByte FAQs

  • FAQs (Frequently Asked Questions)

DigiByte Guides

DigiByte Articles