Date of introduction: 20 January 2014
Rank on Coinmarketcap: 55
Current price: €0.03
Current circulating supply: 9,785,224,625 DGB
Total Maximum Supply: 21.000.000.000 DGB
Minable: Yes
Official Website: https://www.digibyte.co
What is DGB
Digibyte is an open source cryptocurrency running independently on its own Digibyte blockchain. Although the main idea of creating DGB was based on Bitcoin, the adjustments / improvements in the code allow for improved functionality, improved security, and 15-second block time (which is fast, especially compared to BTC). Digibyte is the longest public blockchain in existence.
Currently Digibyte has a total of 6 platforms that are currently running / or are planned to run on the DGB blockchcain and use the DGB currency; DigiByteGaming, DigibyteTip, DigiByte Market, DiguSign, Digi-ID and DigiHash.
Leadership
Founder & CEO
Jared Tate
Twitter: Official Twitter Jared Tate
Team
- Has a total of 6 full-time employees working on DGB
- Because DGB is an open sourced blockchain, developers can work on DGB and propose improvements. DGB has a total of 421 of these ‘’contributors’’.
Location
HQ in Santa Monica, California, USA
Office in Hong Kong
Exchanges offering DGB
- Poloniex
- Litebit
- Bittrex
- Shapeshift
- Litebit
- Yobit
- Cryptopia
- Livecoin
- HitBTC
- OKEX
- Kucoin
- CoinExchange
- Bit-Z
- CryptoBridge
Partnership
- In 2016, Digibyte was nominated and added by Microsoft to join in their Microsoft BizSpark Plus program. This program is designed to provide extra support to software entrepreneurs and start-ups.
- Digibyte was added to the Microsoft Azure program, allowing for building, testing, deploying their technology across worldwide Microsoft data servers.
- In 2017 Digibyte was selected out of 1000 applicants to participate in Citi Tech for Integrity. Although they did not win, they did place themselves as one of the finalists and were able to pitch DGB to Facebook, IBM, PWC, Microsoft and Mastercard.
Future plans
- DGB gaming, earn DGB when playing online games
- DGB is looking to expand to 10 more exchanges in 2018
- Increase the offer of wallets including Trezor, Ledger and Rasberry
Positive sides
- Has its own unique hot wallet on multiple operating systems
- Has been around since 2014
Negative sides
- Very easy to mine, meaning high volume and circulation of coins which presses down the value.
- Published no Whitepaper
DGB explained (video)
https://www.youtube.com/watch?v=lzyu31399HY
DGB Whitepaper
DGB does not believe in whitepapers, their official statement:
‘’We want to be known as doers. Not white paper pumpers. It is much better to under promise & over deliver’’ – Digibyte Twitter @ 21 Jan 2015
Comments on this post
One Comment
antminer a3 firmware
Great article. Good to understand for everyone.