DigiByte company info

What does DigiByte do?
Digibyte (CRYPTO:DGB), established in 2014, is a decentralized and open-source blockchain and cryptocurrency utilizing a UTXO-based protocol. Renowned for its swiftness, scalability, and robust security features, Digibyte stands as one of the longest-standing blockchain projects. In a bid to further strengthen its ecosystem, Digibyte is actively engaged in a series of initiatives. These projects encompass Digibyte Core, which forms the bedrock of the Digibyte network, responsible for processing transactions and ensuring network security. The Digibyte Wallet, available on various platforms, simplifies the storage and transfer of Digibytes. Developers can leverage the Digibyte Apps platform to create and deploy decentralized applications (DApps) on the Digibyte blockchain. Furthermore, the Digibyte Foundation, a non-profit organization, plays a pivotal role in advancing the adoption and development of the Digibyte blockchain. In summary, Digibyte's central objectives revolve around democratizing blockchain technology by providing user-friendly tools, fostering widespread adoption, and nurturing a vibrant community of developers and users.
Company Snapshot

How many people does DigiByte employ?

people
Employees
10,000+

What is the market cap for DigiByte?

bag
Market Cap
$197.18M

What year was DigiByte founded?

founded flag
Year Founded
2013
What does DigiByte specialise in?
/Collectibles & NFTs /IoT /Medium of Exchange /Mineable /Multiple algorithms /PoW

What are the products and/or services of DigiByte?

Overview of DigiByte offerings
Digibyte Apps: Digibyte Apps is a platform that allows developers to build and deploy decentralized applications (DApps) on the Digibyte blockchain.
Digibyte Core: Digibyte Core is the core software that powers the Digibyte blockchain. It is responsible for processing transactions, maintaining the blockchain ledger, and securing the network.
Digibyte Wallet: The Digibyte Wallet is a software wallet that allows users to send, receive, and store Digibytes. It is available for desktop, mobile, and web devices.
Fast transaction speeds: Digibyte offers fast transaction speeds, typically less than 15 seconds. This is due to Digibyte's unique SegWit implementation, which allows for more transactions to be processed per block.
Scalability: Digibyte is scalable to handle a large number of transactions per second. This is due to Digibyte's use of multiple blockchains, which allows for parallel processing of transactions.
Security: Digibyte is a secure blockchain, with a number of security features in place, such as five mining algorithms and a difficulty adjustment algorithm.