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RE: Looking For Undervalued Crypto - breakOUT report #1

in #crypto • 7 years ago

DigiByte (DGB) is a rapidly growing three year old decentralized global blockchain with a focus on cyber security, payments & secure communications.

Could you elaborate on that? There are so many coins these days, why is this one so good?

7 years ago in #crypto by
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     7 years ago 

    As of today DigiByte is the fastest, largest, most scalable and secure decentralized multi-algorithm blockchain in the world.

    Launch Date: January 10th, 2014
Blockchain Type: Public, Decentralized, UTXO based, Multi-Algorithm
Ticker Symbol: DGB
Genisis Block Hash: "USA Today: 10/Jan/2014, Target: Data stolen from up to 110M customers"
Max Total Supply: 21 Bilion DigiBytes in 21 Years (2035)
Current Supply: 8,107,031,908 DGB (May 2017)
Yearly Supply Inflation: 12% in 2017
Block Reward Reduction: 1% Monthly
Current Block Reward 891 DGB
Mining Algorithims: Five (Sha256, Scrypt, Groestl, Skein & Qubit)
Block Timing: 15 Second Blocks, (1.5 Minutes per algo)
Algo Block Share: 20% Block Share Per Algo (5)
Difficulty Retarget Every 1 Block, 5 Seperate Difficulties, 1 For Each Mining Algo
SegWit Support Yes. First major altcoin to successfully activate Segwit. (April 2017)
Hardforks 4. DigiShield, MultiAlgo, MultiShield, DigiSpeed
Softforks 3. SegWit, CSV, NVersionBips
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     7 years ago 

    DigiByte vs Other Leading Blockchains
    Over the past three years DigiByte has set itself apart in the Blockchain World

    1st Major Altcoin to Activate SegWit (April 2017)
Pionereed DigiShield Difficulty Adjustment (2014, Now used in many blockchains)
MultiShield Algorithm Mining (2015)
UTXO, Proof of Work, Decentralized, Open-Source
Fair Initial Ditribution
Focus on Utility, Security & Real World Uses

    DigiByte Transaction Speed
    DigiByte has introduced special code that doubles block size every two years to scale the amount of transactions the network can handle well into the year 2035. Additonal work is underway to further increase transaction speed and network capacity.

    Year 2016: 280 Transactions Per Second
Year 2017: 560 Transactions Per Second
Year 2019: 1,120 Transactions Per Second
Year 2021: 2,240 Transactions Per Second
Year 2035: 280,000+ Transactions Per Second
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       7 years ago 

      Cool but blockcodes are for code

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