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Digibyte (DGB)

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Digibyte (DGB)

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

 

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