- #305
DigiByte DGB
DGB Price
Market Cap
$236.48 MRank #305FDV
$235.96 MRank #433Investors
X Followers
Detailed Performance
DGB shows Bullish signs against top cryptocurrencies, leading categories and blockchains over various time periods
DGB to USD Converter
Price History
- All-Time High
- $0.178113.15x to ATH
- All-Time Low
- $0.00003582378.00x to ATL
- Trade Launch Date
- 6 Feb, 2014
3968 days ago
Exchanges
Exchanges type
About DGB
DigiByte is an innovative blockchain technology that goes beyond being just a digital currency. It can be used for various purposes such as digital assets, smart contracts, decentralized applications, and secure authentication. It is known for its focus on decentralization and has a strong and active community. DigiByte is also open-source and permissionless, allowing anyone to contribute and participate in its development. It is considered to be one of the safest, fastest, longest, and most decentralized blockchain networks available.
What makes DigiByte unique?
DigiByte is unique compared to other cryptocurrencies for several reasons. Firstly, it is an innovative blockchain that can be used for digital assets, smart contracts, decentralized applications, and secure authentication. This sets it apart from cryptocurrencies that only serve as digital currencies.
Secondly, DigiByte is a mineable cryptocurrency, meaning it can be obtained through the process of mining. It uses five different algorithms, which contribute to decentralization, network security, and the ability to use different types of hardware for mining.
Additionally, DigiByte is more secure due to its use of five cryptographic algorithms and real-time difficulty adjustment. This prevents malicious mining centralization and hash power fluctuations. It also utilizes Odocrypt, an algorithm that changes every 10 days to resist ASIC mining.
Furthermore, DigiByte boasts faster block times, with blocks occurring every 15 seconds. This is significantly faster than Bitcoin and Litecoin, allowing for quicker transactions. The implementation of SegWit (Segregated Witness) and blockchain rigidity enables high on-chain transaction throughput and low fees.
Moreover, DigiByte has a forward-thinking approach to its supply. While Bitcoin has a maximum supply of 21 million coins, DigiByte has a maximum supply of 21 billion coins, with a ratio of 1000:1 to BTC. The block rewards decrease by 1% per month, ensuring a steady supply over time. All 21 billion DigiByte coins will be mined by the year 2035, after which miners will rely solely on transaction fees.
Overall, DigiByte's combination of innovative features, mineability, security, speed, and a forward-thinking supply model make it unique compared to other cryptocurrencies.
Live DigiByte Price Data
The current price of DigiByte (DGB) is approximately $0.01354, reflecting a decrease of -4.38% in the last 24 hours. The DGB trading volume in the last 24 hours stands at $8.16 million. DigiByte's market cap is currently $236.48 million, accounting for about < 0.01% of the total crypto market cap. The circulating supply of DGB is 17.43 billion.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand DigiByte's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on DGB, check out our crypto insights page.
Official Links
DGB to USD Converter
Price History
- All-Time High
- $0.178113.15x to ATH
- All-Time Low
- $0.00003582378.00x to ATL
- Trade Launch Date
- 6 Feb, 2014
3968 days ago