DigiByte is a public blockchain, cryptocurrency, and asset creation network that has a five-algorithm strategy for mining and advanced difficulty adjustments that significantly helps provide better security and transaction speed, respectively. DigiByte is also based on three layers, namely its core infrastructure, a public ledger, and dapps and smart contracts.
MoreDigiByte relies on its three-layer blockchain: core infrastructure - where client software, communication, and decentralized nodes are; the public ledger – where DGB, the native token, freely moves around the network; and dapps and smart contracts, along with customizable tokens. Like Ethereum’s gas, DigiByte can be used as transaction payment, or for value transfers.
MoreDGB, DigiByte’s token, is listed in crypto exchange platforms, so you can choose to buy or trade it against other cryptocurrencies. Sign up with Coinmerce, a reliable crypto exchange network, and you can purchase your DGB using your credit card or any other payment method you prefer.
MoreYou want to buy DigiByte’s token? You can buy DigiByte’s token using Creditcard or SEPA at Coinmerce. Once you are logged in, you will see DigiByte’s token in the top menu where you click on. Now you come to a page with all crypto coins that Coinmerce offers. If you don't see DigiByte’s token, use the search function to search for DigiByte’s token and click on the name. You can indicate for how many euros you want to buy DigiByte’s token in the right window. Below is shown how much DigiByte’s token you get for this. Have you entered the correct amount? Then click on "Buy". You can also execute a "Stop limit order" at Coinmerce. Our system will automatically buy DigiByte’s token when the price of DigiByte’s token reaches your entered value. You can also execute a repeating order. Do you want to buy DigiByte’s token with another crypto currency? Then you go to the cryptocurrency you want to pay with and click on "Swap" in the right window to indicate that you want to receive [DigiByte’s token.
Jared Tate, popularly known for the moniker “DigiMan”, built DigiByte in 2013. It was released a year later, in 2014. It is considered as one of the fastest, safest, most decentralized, and longest decentralized unspent transaction output (UTXO) blockchain. First known as DGB, a public blockchain and cryptocurrency, its primary function is to ensure security within the network. When DigiAssets was introduced later on, DGB became the platform’s native token. The focus is on developers who want to create their own decentralized applications and digital assets. The protocol also has a volunteer organization called the DigiByte Foundation. Its primary function is to monitor and manage the preservation of the DGB project. Additionally, DigiByte also has a DigiByte Awareness Team, the main responsibilities of which involve marketing activities. It has several apps for its users, including CoinPayments and DigiCafe, which are both useful for in-person payments. DigiByte is CEO-less, volunteer-based, non-ICO funded global community project.