DigiByte
DGBSummary · 1dWait · short bias— no clean market to execute it (no major perp, a wide spread or an official fixing).
Score −38 · closed barEntry $0.00355SL $0.003913TP1 $0.00302
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Overview
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About DigiByte
DigiByte (DGB) is ranked #385 by market capitalisation, at $64.4M. Circulating supply: 18.51B DGB, out of a maximum supply of 21B. The price is 98.0% below its all-time high of $0.1781, set on April 30, 2021. Categories: Internet of Things (IOT), Smart Contract Platform, Layer 1 (L1), Proof of Work (PoW).
What is DigiByte? DigiByte is more than a faster digital currency. It is an innovative blockchain that can be used for digital assets, smart contracts, decentralized applications and secure authentication. What makes DigiByte stronger than others? DigiByte is a rapidly growing open-source blockchain created in late 2013 and released in early 2014.
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After 6 years of forward thinking development, DigiByte has become one of the safest, fastest, longest and most decentralized UTXO blockchain in existence. Truly Decentralized. DigiByte has never been funded through an ICO or significant amount of premined coins. There is no CEO or a company controlling the DigiByte blockchain. It is a volunteer based and global community driven project. More secure.
DigiByte uses 5 cryptographic algorithms and real time difficulty adjustment to prevent malicious mining centralization and hash power fluctuation. One of which is Odocrypt that changes itself every 10 days for ASIC resistance. Much faster. DigiByte blocks occur every 15 seconds which is 40x faster than Bitcoin and 10x faster than Litecoin.
Project description: CoinGecko (in English).