The alternative crypto currency DigiByte (DGB) has shown a temporary peak in interest with trading on exchanges that literally skyrocketed many times over other coins that are more popular, but again this was only a temporary peak in interest and thus in the price of the coin. The interesting thing about DigiByte is that it uses five independent mining algorithms to process transactions over the network with each algorithm accounts for about 20% of all blocks discovered on the network. This allows for greater decentralization as currently three of the five DigiByte algorithms are ASIC resistant and much better for GPU miners. The best GPU algorithms to mine on are Skein, Groestl and Qubit and you can also mine Scrypt and SHA-256 with an ASIC if you already have one. The DGB coin is traded on some of the large altcoin exchanges such as Cryptsy and Bittrex among others, so if you are looking for something new to try on you might give DigiByte a go though in the next few days we are probably going to see it get back to the previous price levels. DigiByte (DGB) is a rapidly growing world-wide decentralized payment network & highly scalable blockchain, inspired by Bitcoin.

Merged Mining Pool for Bitcoin, Litecoin, Dogecoin, Darkcoin, and other alternate cryptocurrencies. Current Hashrates - DigiByte (Scrypt). DigiByte (Scrypt) Stratum Port: 3351. 6,028,753, Done, 805.56, 0.00000306, 130%, 2018-02-04T21:46:45Z. 6,028,673, Done, 805.56, 0.00007347, 3,574%, 2018-02-04T21:25:04Z. Just started mining DGB few days ago. I have tried several things, first tried cgminer, but couldnt get it to work really. Now using ccminer 2.0. DigiByte Core Development Initiatives. DigiByte Core v6.15.0 (Foundation Wallet) - December 2017. A new DigiByte wallet with a new look, bug fixes and more. DigiByte Core v7.15.0 (Algo Swap) - Spring 2018. An upcoming DigiByte hard fork that will change some of DigiBytes Mining algorithms to maintain GPU.

Dec 24, 2017 - DigiByte has launched into the #37 spot with a market cap of $682M.

DigiByte allows you to move money over the internet similar to PayPal & Western Union but with many improvements, including lightning fast transactions with minimal or no fees. You send & receive DigiBytes to or from any DigiByte address in the world in a matter of seconds with no required sign up, registration, or hidden fees. DigiByte is the 1st coin to fork to multi-algorithm mining for more fair distribution, with 5 unique algos & independent difficulties a 51% attack is significantly mitigated and becomes much harder to carry out, also the 1st coin to develop & implement DigiShield (asymmetrical difficulty adjustment). Website: – Block Explorer: – Coin Specifications • Multiple mining algorithm supported • Mine using Scrypt, SHA256, Qubit, Skein or Groestl algorithm • Total coins: 21 Billion DGB • Block time is just 30 seconds • Transaction fully confirmed in 3 minutes Wallet: – – Source Code: – Ports: – RPC Port: 14022 – P2P Port: 12024 Scrypt Mining Pools: – – – SHA256 Mining Pools: – – – Qubit Mining Pools: – – – Skein Mining Pools: – – – Groestl Mining Pools: – – – Coin Exchanges: – – –. Copyright ©2014-2018 - - All About BTC, LTC, ETH mining as well as other alternative crypto currencies. This is a blog for crypto currency miners and users of Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), ZCash (ZEC) and many others. If you find helpful and useful information you can support us by donating altcoins or Bitcoin (BTC) to: 1AxbMZwtcmCByrHiaWwhse5r6ea1YgBwk1 ETH: 0x8d785ff337046444d8afbac169bcb7c0adfb3266 - LTC: LPYFPK7dL1uEtwrAteLmxs7w8Je446gAAJ - ZEC: t1gg5rWxeMBMsyDRMrq5PJdFLiWQ86LGggi.

The Bitcoin and Blockcahins revolutionary concept source code have been the catalyst for a range of cryptocurrency projects. The technology was by no means full proof upon release and developers have taken upon themselves to create what they feel is variants. Once such variant is Digitbyte, but since its release, its grown into something more than just a Bitcoin alternative with a range of new technologies and protocols added into its versatile source code. What is Digibyte (DGB)? In 2013, DigiByte was developed by the programmer Jared Tate. At the beginning of 2014, the first Digibyte block was mined. Tate’s vision was to develop a fast and secure cryptocurrency.

Through this decentralisation strategy, he wanted to reach even more users than Bitcoin Coins. DGB is an open source cryptocurrency running on its own decentralised Blockchain. The DigiByte coin was released in January 2014 and is based on Bitcoin source code. Tate, however, has made adjustments in the code allow for improved functionality, including 15-second block time and improved security. A brief introduction to Digibyte Why you should pay attention to Digibyte?

BitcoinDark BTCD Mining Programs. DigiShield Activated in February 2014 this hard fork allowed for the DigiByte blockchain to protect against multi-pools that mine large numbers of DigiByte at a low difficulty. It achieves this by recalculating block difficulty between each block, allowing for a faster correction when a multi-pool begins or ceases contributing to DigiByte, rather than recalculating once every fortnight as is the case with Bitcoin.

Since then DigiShield has been added into over 25 other cryptocurrency blockchains such as Dogecoin, Startcoin, Zcash, AuroraCoin, BitcoinGold, BitTokens, CasinoCoin, CreativeCoin, Granite, Huncoin, Monacoin, Mooncoin, Nautiluscoin, Quatloo, SakuraCoin, Scorecoin, SmartCoin, StartCoin, SuperiorCoin, And Ubiq, with the help of the DigiByte team. MultiAlgo Activated in September 2014 from Myriadcoin source code, this hard fork allowed for multi-algorithm mining.

Its purpose was to create a number of different proof of work (PoW) mining methods to accommodate the different types of mining capabilities that exist, such as dedicated ASIC mining, GPU and CPU mining. This allows for a larger number of people to access DigiByte mining pools and therefore it creates a more decentralised blockchain with the coins reaching groups who were unable to mine the coin on its original single-algorithm (Script) fork. MultiShield Activated in December 2014, this hard fork worked to activate DigiShield across the new MultiAlgo platform and accomplish the same goals on all five mining pools. DigiSpeed Activated in December 2015 this was a hard fork that focused on making the DigiByte coin transaction speeds faster.

Block time was reduced by 50% to 15 seconds and new block propagation code was added with the help of Microsoft. IOT Devices The future of DigiByte includes the focus of applying DigiByte security to IOT devices and services that require robust communications. Artificial Intelligence By combining advancements in DigiByte Blockchain technology with artificial intelligence, we are exploring new innovations in automation and data analysis. DiguSign Smart contracts can now be sent to the DigiByte blockchain, this will revolutionize how we copyright and patent things. DigiByte market There’s now a Digibyte store which accepts only DGB What is Digibyte used for? Tipping users on social media If you’re a user of popular social media platforms Twitter and Reddit, you can set up a tip bot and tip other users for posting informative, educational, funny, entertaining or simply amusing posts.

Products and services Many merchants providing their products and services online are already accepting bitcoin and they often also take DGB. If not you can use services like shapeshift to convert your Doge into BTC or ETH which are more widely accepted.

Can you mine Digibyte? Digibyte is a Proof of Work cryptocurrency based on a multi-algorithm system that allows users to mine it through five different algorithms. Users are able to mine solo or in mining pools. Can you earn Digibyte?

Trading DGB users can earn digital currency via exchanges. Users can earn tokens through trading on different fiat and cryptocurrencies and take advantage of market fluctuations. Donations As a popular tipping currency like, users can earn Digitbyte regularly by contributing to forums and social media platforms. DigibyteGaming Get paid in DigiBytes for playing League Of Legends.

If you’re not a LOL fan don’t worry more games should be added to the list very soon. Where can you buy Digibyte? Digibyte is listed on a range of international cryptocurrency exchanges and is actively traded on websites like: • alcurEX • BarterDEX • Bit-Z • Bittrex • Bittylicious • Coindirect • CoinExchange • Coinhouse • CryptoBridge • Cryptopia • HitBTC • Kucoin • LiteBit.eu • Livecoin • OKEx • Poloniex • Trade Satoshi • Upbit • YoBit Should you invest in Digibyte? Digitbyte has quite a few things going for it, trading on multiple exchanges, a range of use cases, being used in 84 countries and its own proprietary technology platforms build on top of its ecosystem. Will it ever become the premium cryptocurrency and expand past its current cult following remains to be seen. For more on Digibyte check out CONTACT US If you want to know more about cryptocurrency don’t be shy we’re happy to assist. Simply Disclaimer: This article should not be taken as, and is not intended to provide any investment advice and is for educational purposes only.

As of the time posting the writers may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency as all investments contain risk.