Difference between revisions of "DigiByte"
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<strong>Welcome to the DigiByte Wiki</strong> | <strong>Welcome to the DigiByte Wiki</strong> | ||
| − | DigiByte | + | <strong><h1>DigiByte (DGB)</h1></strong> |
| − | + | DigiByte (DGB) is an open-source cryptocurrency running on the DigiByte Blockchain, a decentralised international blockchain created in 2013. The DigiByte coin was developed in 2013 and released in January 2014.[1]. Although based on Bitcoin, adjustments in the code allow for improved functionality, including 15-second block time and improved security. As of July 2018 DigiByte has a total market cap of over US $500 million.[2]. It is the world's longest, fastest and most secure UTXO blockchain in existence. | |
| − | + | DigiByte Overview[3] | |
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| + | DigiByte was created by programmer and entrepreneur Jared Tate with the goal of creating a fast and secure cryptocurrency that could reach a wider and more decentralised community than Bitcoin.[4] The first DigiByte block was mined on January 10, 2014, and included the headline from USA Today: “Target: Data stolen from up to 110M customers," hashed into the Genesis block to mark the importance of security in digital transactions. Also included was a premine to pay developers and early adopters. | ||
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| + | DigiByte pioneered asymmetrical difficulty adjustment mining with DigiShield, which is a widely used technology and the basis of many other blockchains. It is also the first to blockchain to fork from a single proof-of-work algorithm to multi-algorithm mining. | ||
== Buying & Storing DGB == | == Buying & Storing DGB == | ||
Revision as of 17:19, 12 August 2018
Welcome to the DigiByte Wiki
Contents
DigiByte (DGB)
DigiByte (DGB) is an open-source cryptocurrency running on the DigiByte Blockchain, a decentralised international blockchain created in 2013. The DigiByte coin was developed in 2013 and released in January 2014.[1]. Although based on Bitcoin, adjustments in the code allow for improved functionality, including 15-second block time and improved security. As of July 2018 DigiByte has a total market cap of over US $500 million.[2]. It is the world's longest, fastest and most secure UTXO blockchain in existence.
DigiByte Overview[3]
DigiByte was created by programmer and entrepreneur Jared Tate with the goal of creating a fast and secure cryptocurrency that could reach a wider and more decentralised community than Bitcoin.[4] The first DigiByte block was mined on January 10, 2014, and included the headline from USA Today: “Target: Data stolen from up to 110M customers," hashed into the Genesis block to mark the importance of security in digital transactions. Also included was a premine to pay developers and early adopters.
DigiByte pioneered asymmetrical difficulty adjustment mining with DigiShield, which is a widely used technology and the basis of many other blockchains. It is also the first to blockchain to fork from a single proof-of-work algorithm to multi-algorithm mining.
