Today's DigiByte Price Summary
DigiByte's price today is $0.01 USD, with a 24-hour trading volume of $1,237,308 USD. DGB
is down -0.76% in the last 24 hours. DigiByte is currently ranked #222 with a
market capitalization of $105,879,729 USD.
DigiByte was inspired and actually works almost the same way as Bitcoin. It is a decentralized, open source, peer-to-peer payment system that enables global fund transfer with little or no transaction fees. Transfer is instantaneous and secure.
Besides this, DigiByte has implemented a unique feature called DigiShield-and later MultiShield. This feature prevents mining pools with high hash rates from causing rapid inflation within the DigiByte network. It does this by continuously readjusting the network’s mining difficulty level after every 60 seconds.
This adjustment causes stability of DGB prices in major exchanges and prevents “pumps and dumps”. Other features include MultiAlgo whose hard fork happened on September 2014 and effected from Myriadcoid code. With MultiAlgo, different Proof of Work mining methods could take part in transaction validation not just specialized ASIC chips.
DigiByte is highly scalable as this guarantees speed especially when DGB is adopted by merchants as a form of payment. The network has a code that would intentionally double the block size and therefore transactions. As such, by 2035, it is estimated that DigiByte would handle as much as 280K TPS. Transactions Per Second (TPS).
Founders: Jared Tate
Release Date: January 24, 2014
What type of cryptocurrency is DigiByte?
The DGB token on the DigiByte network is classified as a type of Currency.
What is DigiByte All-Time High price (ATH)?
On May 1st, 2021 12:19:01 AM, DigiByte hit a historic high of $0.178084 USD.
It has been about 2 years ago since DigiByte reached its peak.
What is DigiByte All-Time Low price (ATL)?
On January 14th, 2015 12:00:00 AM, DigiByte reached a bottoming price of $0.0000309900 USD.
About 8 years ago has passed DigiByte has seen such a low price.