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What is DigiByte?

August 21, 2018

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DigiByte - cryptocurrency is an open source operating on DigiByte Blockchain, decentralized block international chain, created in 2013. Model's DigiByte was developed in 2013 and released in January 2014. Although based on the Bitcoin code correction can improve the functionality, including the 15 - second time blocking and enhanced security. As of December 2017 DigiByte has a total market capitalization of more than 135 million US dollars. It is the longest public bloktsep.


Overview DigiByte

DigiByte was created by the programmer and entrepreneur Jared Tate to create a fast and safe cryptocurrency, which could cover a wider and decentralized community than bitcoin. The first block was mined Digibyte January 10, 2014 and included a headline from USA Today: «Target: data stolen from customers to 110 million" hashed unit Genesis, to mark the importance of security in digital transactions. premium to pay for developers and early adopters.


DigiByte first introduced asymmetric development using DigiShield, which is a widely used technology and the basis of many other block circuit. He is also the first to blocks branching from one algorithm to check the performance of the algorithm with multiple algorithms, but not the first cryptocurrency of multi-algorithm (Huntercoin).


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