Home Coins DigiByte (DGB)

DigiByte (DGB)

DigiByte is an open-source blockchain which first came into existence in January 2014, making it one of the oldest blockchains in existence. It was founded by developer Jared Tate, who today still leads the project.

DigiByte focuses on cybersecurity for digital payments and smart applications. It is highly decentralized with over 100,000+ servers, computers, phones, and nodes worldwide. DigiByte utilizes five secure and advanced cryptographic mining algorithms to prevent mining centralization which is common in single algorithm blockchains such as Bitcoin.

In addition, DigiByte has some other technical improvements over Bitcoin such as increased scalability and the implementation of technologies such as Digishield, MultiAlgo, MultiShield and SegWit.
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