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Bittrex DGB/BTC $2,616,350 47.2%
Poloniex DGB/BTC $1,536,170 17.59%
Upbit DGB/BTC $647,339 10.56%
DigiByte uses five individual mining algorithms that are equally weighted. Each algorithm has its own difficulty adjustment that is weighted against the other algorithms in a dynamic process known as MultiShield.
MultiShield is the advanced version of the original DigiShield (asymmetric difficulty adjustment now widely implemented in many other blockchains). DigiByte pioneered both MultiShield and DigiShield.
Their web page and communication channels were taken as a substitute for a whitepaper according to a statement from DGB. In that sense, their web page is extremely well-organised with a wealth of information. Of course, not everything they say can be verified, but that is also the case with most recent whitepapers.
It also has 15 second block time (BTC has 10 minute block time), 5 mining algorithms (BTC has 1) and 190,000 nodes (BTC has 7,400), making it faster, more secure and more decentralized than BTC.
INITIAL COIN OFFERING (ICO)
DigiByte (DGB) was officially launched on 10 January 2014 by entrepreneur and programmer Jared Tate. His goal was to develop a faster and more secure cryptocurrency. The main goal of this project was to create a cryptocurrency that could reach a more decentralized community than Bitcoin.
Block Reward Reduction: 1% Monthly.
Creators / Founders
President at DigiPay LLC and Founder of the DigiByte Payment Network.
Core Development Team
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Reference & Links