Sat. Nov 27th, 2021
    DigiByte

    DigiByte is an innovative open-source blockchain project that can be used for DApps, smart contracts and other digital assets.

    Goals

    • Development of the fastest, safest and longest blockchain.
    • Creation of e-currency, convenient for making purchases.
    • Elimination of common crypto issues — poor scalability, low throughput, vulnerability to attacks, high transaction fees.
    • Surpass the speed of well-known payment operators — for example, Western Union, PayPal, i.e. more than 1 million operations per day.

    By the time DigiByte was launched, one mining algorithm was used — PoS. However, after a while, the project made a hardfork, and as a result, five PoW algorithms were introduced — SHA256 is among them (the one that uses Bitcoin), as well as Scrypt, used in Litecoin and Dogecoin.

    DGB, the network token, is a highly scalable digital currency. The network is distinguished by a fairly high transaction speed and, at the same time, low fees.

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