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The community score represents our users' personal view on this project.
Summary
Type
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State
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Country
Worldwide
Founded
2014
Dlt Type
Blockchain
Exchanges
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Regulator
N/A
Blockchain
Own network
Product Stage
Completed
Blockchain Necessity
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OTC Index Position
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CoinMarketCap Position
37
Last ReportLast Report
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Financial Summary
Price
$0.01
Fair value
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Market cap
$168,760,947
24H Change
-0.44%
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There are no reports written about this project yet, but you can request one here, or even publish your own here.
About project
⦁ DigiByte is a public, rapidly growing and highly decentralized blockchain. DigiBytes are digital assets that cannot be destroyed, counterfeited or hacked, making them ideal for protecting objects of value like currency, information, property or important digital data. DigiBytes can be sent over the DigiByte Blockchain and forever recorded on an immutable public ledger that is decentralized on thousands of computers across the planet. The first Digibyte block was mined on January 10, 2014.
DigiByte opened with a block time of 15 seconds and handling up to 560 transactions per second. Every 2 years the DigiByte blockchain's dynamic system doubles the number of transactions per second by doubling the block size. In 2017, capability reaches 560 transactions per second, with a maximum capability of 280,000 transactions per second to be reached in 2035.
As of June 2017 there are over 8 billion DigiByte coins and the maximum number of coins is 21 billion, set to be reached 21 years after creation in 2035. The number of coins is a deliberate ratio of 1:1000 to Bitcoin.
The five DigiByte mining algorithms (Sha256, Scrypt, Groestl, Skein & Qubit)
DigiByte can be mined over 5 different algorithms. These are Sha256 (ASIC friendly), Scrypt (ASIC friendly), Groestl (GPU friendly), Skein(GPU friendly), Qubit (ASIC friendly).
There are 6 platforms for the DigiByte blockchain and currency. These include DigiByteGaming, DigibyteTip, DigiByte Market, DiguSign, Digi-ID and DigiHash.
⦁ DigiHash is the developer mining pool. As of June 2017 it supports Sha256, Scrypt, Skein and Qubit. The fees from this pool go to the developers specifically to help support the currency.
⦁ DiguSign is a smart contract platform running on the DigiByte blockchain. The technology embeds a secure cryptographic SHA256 hash of a document and embeds it in the Digibyte blockchain, allowing anyone to store, notarize, and validate any document in public in a secure, decentralized manner. Its focus on security has use case studies in sectors such as healthcare, government, legal, trade, finance, insurance and real estate.
Core team
JS
Jared Tate
Founder
 
JS
Ammar
Partnerships
 
JS
Jered Morgan
Outreach
 
JS
Josiah Spackman
Ambassador
 
JS
Gary Mckee
Core Developer
 
JS
Fredrick Gabelmann
Developer
 
Advisors & CM
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