$0.01
DigiByte Price | $0.01 |
24h High / 24h Low | $0.01 / $0.01 |
Trading Volume | $33,031,224.00 |
Price Change (24h) | $0.00 |
Price Change Percentage (24h) | 15.569% |
Market Cap Rank | #264 |
Market Cap | $187,188,992.00 |
Market Cap Change (24h) | $25,192,774.00 |
Market Cap Change Percentage (24h) | 15.551% |
Volume / Market Cap | 0.1765 |
All-Time High | $0.18 |
All-Time Low | $0.00 |
DigiByte (DGB) is a 2014 UTXO blockchain that prioritizes security, speed, and decentralization through its multi-algorithm PoW design. DigiByte leverages five separate mining algorithms SHA-256, Scrypt, Qubit, Skein, and Groestl to resist ASIC centralization and diversify network security.
Created by Jared Tate and maintained by a global open-source developer community.
DigiByte’s uniqueness comes from its MultiAlgo approach. It uses five mining algorithms for decentralization and 15-second block times.
Security derives from its multi-algorithm PoW consensus, which forces miners to use varied hardware, preventing any single algorithm from dominating the hashrate. Community-driven checkpointing further protects against deep chain reorganizations.
DigiByte serves as a payment method, digital identity layer, and NFT issuance platform via DigiAssets, carving out a niche for fast, secure tokenization and data integrity use cases.
Upgraded via DigiByte Improvement Proposals (DIPs) through soft forks.
Large mining pools across each algorithm, community cold wallets, and exchange reserves (e.g., on Bittrex) hold the majority of DigiByte.