DigiByte

dgb

DigiByte (dgb) is a rapidly growing, open-source Layer 1 blockchain and cryptocurrency designed for speed, security, and true decentralization. Launched in 2014, this Proof of Work (PoW) network features 15-second block times, making it 40x faster than Bitcoin, supporting high transaction volumes with negligible fees. DigiByte employs five robust mining algorithms, including Odocrypt, which dynamically changes to enhance ASIC resistance and network security. Its innovative three-layer architecture enables advanced functionalities like DigiAssets for decentralized digital asset creation and smart contracts, and Digi-ID for secure digital authentication, positioning it for Web3 and Internet of Things (IoT) applications. The project is entirely community-driven, having never been pre-mined or funded through an ICO, reflecting its commitment to decentralization. With a fixed supply of 21 billion dgb tokens to be mined by 2035, DigiByte aims to be a leading solution for efficient and secure digital payments and decentralized applications.

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