We're glad to announce the addition of DigiByte to our systems!
About DigiByte
From the DigiByte website:
What makes DigiByte stronger than others?
DigiByte is a rapidly growing open-source blockchain created in late 2013 and released in early 2014. After 9 years of forward thinking development, DigiByte has become one of the safest, fastest, longest and most decentralized UTXO blockchain in existence.
Truly decentralized.
DigiByte has never been funded through an ICO or significant amount of premined coins. There is no CEO or a company controlling the DigiByte blockchain. It is a volunteer based and global community driven project.
More secure.
DigiByte uses 5 cryptographic algorithms and real time difficulty adjustment to prevent malicious mining centralization and hash power fluctuation. One of which is Odocrypt that changes itself every 10 days for ASIC resistance.
Much faster.
DigiByte blocks occur every 15 seconds which is 40x faster than Bitcoin and 10x faster than Litecoin. Early SegWit implementation and blockchain rigidity enable up to 1066 on-chain transactions per second with negligible fees.
Forward thinking.
Over the past 7 years, DigiByte has repeatedly set itself apart with multiple blockchain firsts, such as DigiShield guard, MultiAlgo mining, SegWit implementation, Odocrypt algorithm, Dandelion++ privacy protocol, DigiAssets and Digi-ID.
Specifications
- Launch Date: January 10th, 2014
- Genesis Block Hash: "USA Today: 10/Jan/2014, Target: Data stolen from up to 110M customers"
- Blockchain Type: Public, Decentralized, UTXO, Proof of Work, Multi-Algorithm
- Ticker Symbol: DGB
- Maximum supply: 21,000,000,000
- Block Reward Reduction: 1% reduction monthly
- Block emission schedule: Fully mined by 2035
- Mining Algorithms: SHA256, Scrypt, Odocrypt, Skein & Qubit
- Algorithm Block Share: 20% per-algo, contested each block
- Difficulty Retarget: Every block, 5 separate difficulties (Per-algo)
- Block Timing: 15 seconds per-block (75 per-algo approx)
- Segregated Witness Support: Yes (First major blockchain to activate)
What can you do with DigiByte on Blockchain Financial?
Here at BCF, the wallet functionality of DigiByte has been integrated so you can use your coins in all our systems:
Buy/Sell NFTs with DGB:
We partnered with Libra.Codes, an HTMLCoin-powered platform for deploying NFTs with zero minting fees and low commissions.
Go B2B:
If you want to sell DGB for fiat over electronic gateways like PayPal to business willing to accept DigiByte as payment or you have a business and want to allow your customers to pay you with DigiByte and receive fiat in return, then AutoCash is for you.
Play in a Trading Cards game like no other!
We are raising the bar for GameFi with this project, built on top of a Trading Cards engine made by thinking out of the box.
You'll be able to use DGB and other cryptos in your BCF wallets to buy items, convert cards to NFTs and sell them on Libra.Codes or the Onix Marketplace among other activities!
And if you upgrade from a normal to a premium account, you can:
- Create advanced CryptoWiz buttons to use BCF as a payment gateway.
- Create a store in our marketplace and sell goods or services for DigiByte and other cryptocurrencies.
- And much more!
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