Digibyte (DGB)
Digibyte is a decentralized global blockchain with a focus on cyber security, payments & secure communications. It launched in January 2014 as a fork of Bitcoin.
Category: Currency, Payment network
Date of fork: 2014.01.10
All time low: 0.000020 USD
All time high: 0.065155 USD
Pros:
-Has been around for a while, it has the longest public blockchain in existence
-Supportive, united community
-Segwit-ready
-Corporate partnerships (Microsoft, Citibank)
Cons:
-Coin offers nothing unique compared to much more promoted and known coins
Similar projects:
-Bitcoin
Key figure:
-Jared Tate
Great post but a little short. Can you maybe explain what the difference between Bitcoin and DigiByte is? What are the advantages?
There are a few differences between the two coins as it follows like this: DGB-30 sec blocks vs BTC-10 min blocks, DGB 5 decentralized mining algorithms vs BTC 1 centralized mining algorithm, they have the same amount of coin supply (21 million) but with DGB all 21 million coins will be out in circulation in 20 years while with BTC it will take 140 years. Digibyte has a united community while BTC's community is divided. Digibyte has a known creator (Jared Tate) while Satoshi Nakamoto's identity is still unknown. I hope this helped.
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