Difference between revisions of "DigiByte"

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<strong>DigiByte Wiki</strong>
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<div style="float:right; padding: 25px 50px 25px 50px;">__TOC__</div>
 
 
<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 <span class="plainlinks">[https://www.digibyte.io/digibyte-frequently-asked-questions <sup>[1]</sup><sup>]</sup></span>. 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<span class="plainlinks">[https://coinmarketcap.com/currencies/digibyte/ <sup>[2]</sup><sup>]</sup>. It is the world's longest, fastest and most secure UTXO blockchain in existence.
 
 
 
(more to be added)
 
 
 
<strong><h1>DigiByte Overview</h1></strong>
 
 
 
DigiByte<span class="plainlinks">[https://digibyte.io/about-digibyte-blockchain <sup>[3]</sup><sup>]</sup> 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<span class="plainlinks">[https://coinreport.net/tag/digibyte-founder-creator-jared-tate/<sup>[4]</sup><sup>]</sup>.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.
 
 
 
<strong><h1>Global Decentralization</h1></strong>
 
 
 
The DigiByte blockchain is spread over a 200,000+ servers, computers, phones, and nodes worldwide.[5]
 
 
 
 
 
<strong><h1>Soft fork</h1></strong>
 
 
 
In April 2017 DigiByte became the second major cryptocurrency blockchain (following Groestlcoin) to implement Segregated Witness (SegWit) via the DigiSync soft fork. The technical milestone laid the foundation for implementation of the Lightning Network and cross chain transactions and atomic swaps.
 
 
 
<strong><h1>Hard forks</h1></strong>
 
 
 
<h3>DigiShield</h3>
 
 
 
Activated in February 2014 this hard fork allowed for the DigiByte blockchain to protect against multi-pools that mine large numbers of DigiByte at a low difficulty. It achieves this by recalculating block difficulty between each block, allowing for a faster correction when a multi-pool begins or ceases contributing to DigiByte, rather than recalculating once every fortnight as is the case with Bitcoin. Since then DigiShield has been added into over 25 other cryptocurrency blockchains such as Dogecoin, Startcoin, Zcash, AuroraCoin, BitcoinGold, BitTokens, CasinoCoin, CreativeCoin, Granite, Huncoin, Monacoin, Mooncoin, Nautiluscoin, Quatloo, SakuraCoin, Scorecoin, SmartCoin, StartCoin, SuperiorCoin, And Ubiq, with the help of the DigiByte Core team.
 
 
 
(more to add)
 
 
 
<h3>MultiAlgo</h3>
 
 
 
Activated in September 2014 from Myriadcoin source code, this hard fork allowed for multi-algorithm mining. Its purpose was to create a number of different proof of work (PoW) mining methods to accommodate the different types of mining capabilities that exist, such as dedicated ASIC mining, GPU and CPU mining. This allows for a larger number of people to access DigiByte mining pools and therefore it creates a more decentralised blockchain with the coins reaching groups who were unable to mine the coin on its original single-algorithm (Scrypt)fork.
 
 
 
<h3>MultiShield</h3>
 
 
 
Activated in December 2014, this hard fork worked to activate DigiShield across the new MultiAlgo platform and accomplish the same goals on all five mining pools.
 
 
 
<h3>DigiSpeed</h3>
 
 
 
Activated in December 2015 this was a hard fork that focused on making the DigiByte coin Transaction[7] speeds faster. Block time was reduced by 50% to 15 seconds and new block propagation code was added with the help of Microsoft.
 
 
 
 
 
 
 
 
 
  
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DigiByte (DGB) is an open-source cryptocurrency running on the DigiByte Blockchain, a decentralized international blockchain created in 2013. The DigiByte blockchain was developed in 2013 and released in [https://www.digibyte.io/digibyte-frequently-asked-questions January 2014 ]. 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 [https://coinmarketcap.com/currencies/digibyte/ total market cap of over US $500 million]. It is the world's longest, fastest and most secure UTXO blockchain in existence.
  
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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.
  
 
== Buying &amp; Storing DGB ==
 
== Buying &amp; Storing DGB ==
 
* [[Exchanges]]
 
* [[Exchanges]]
 
* [[Wallets]]
 
* [[Wallets]]
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* [[Payment Processors]]
  
 
== Support ==
 
== Support ==
 
* [[Where to get help]]
 
* [[Where to get help]]
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* [[Integration Guide]]
 
* [[DigiSweep]]
 
* [[DigiSweep]]
 
* [[Building from source]]
 
* [[Building from source]]
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* [[DigiByte History]]
 
* [[DigiByte History]]
 
* [[DigiShield]]
 
* [[DigiShield]]
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* [[MultiAlgo]]
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* [[MultiShield]]
 
* [[Block timing]]
 
* [[Block timing]]
 
* [[On-chain scaling]]
 
* [[On-chain scaling]]
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* [[Projects]]
 
* [[Projects]]
  
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* [[Supported GPUs]]
 
* [[Supported GPUs]]
 
* [[Getting started mining]]
 
* [[Getting started mining]]
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* [http://digihash.co/ DigiHash]
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* [https://www.minedigibyte.com/ One Click Miner]
  
 
== Community ==
 
== Community ==
 
* [[Telegram channels]]
 
* [[Telegram channels]]
 
* [[Social Media]]
 
* [[Social Media]]
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* [[Notable Articles]]
  
 
== Marketing DigiByte ==
 
== Marketing DigiByte ==
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* [https://dgbat.org/ DigiByte Awareness Team]
 
* [[Useful Marketing Links]]
 
* [[Useful Marketing Links]]
 
* [[Promotional Images]]
 
* [[Promotional Images]]
 
* [[DigiByte Memes]]
 
* [[DigiByte Memes]]
 
* [[Ways to introduce DigiByte]]
 
* [[Ways to introduce DigiByte]]
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== Digi-ID ==
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* [https://www.youtube.com/watch?v=pLrQycud5GI What is Digi-ID?]
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* [https://www.digi-id.io Digi-ID website]
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* [https://www.orlib.org/digiid Digi-ID Demo site by SergeyT]
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* [https://digiid.digibyteprojects.com/ Digi-ID Javascript demo site]
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* [https://www.digi-id.io/integration.html Integration Guide]
  
 
== Related DigiByte Websites ==
 
== Related DigiByte Websites ==
* [[Related Websites]]
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* [https://www.digibyte.io/ Official Website]
* [[Integration Guides]]
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* [https://dgbat.org/ DigiByte Awareness Team]
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* [https://www.digibytewallets.com/ DigiByteWallets.com]
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* [http://http://digusign.com/ DiguSign]
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* [https://https://promotedgb.com/ PromoteDGB]
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==DigiByte FAQs==
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*[[FAQs]]
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==  Integration Guides ==
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* [https://www.digibyteguide.com/ DigiByte Guides]

Revision as of 16:42, 5 December 2018

DigiByte (DGB) is an open-source cryptocurrency running on the DigiByte Blockchain, a decentralized international blockchain created in 2013. The DigiByte blockchain was developed in 2013 and released in January 2014 . 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. It is the world's longest, fastest and most secure UTXO blockchain in existence.

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.

Buying & Storing DGB

Support

Technical info

Using DGB

Mining

Community

Marketing DigiByte

Digi-ID

Related DigiByte Websites

DigiByte FAQs

Integration Guides