DigiByteWhat is DigiByte?
Digibyte was developed by Jared Tate in 2013 as a Bitcoin fork and was launched in January 2014. Tate is now involved full-time in
the development of Digibyte and all the funding for the project comes from donations to the Digibyte foundation. Digibyte’s largest user-base is found in the Netherlands.
While Digibyte shares a lot of functionality with Bitcoin, it has a few major differences. It has a very short blocktime of just 15 seconds (compared to Bitcoin’s 10 minutes), thus allowing e transactions to go through the blockchain in any given timespan. Digibyte;s network doubles the number of transactions by halving the block time every 2 years. A unique feature of Digibyte is that Digibyte alternates between 5 different mining algorithms, namely (Scrypt, SHA256, Qubit, Skein or Groestl). Additionally Digibyte’s supply limit is at 21 billion.
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- Bitcoin reserve won’t solve US debt crisis: Think tank co-founderCointelegraph.com News – 1 hour agoAvik Roy, the president of a nonprofit think tank, said Senator Cynthia Lummis’ idea that Bitcoin could eliminate federal debt is an “overselling” of what…
- SEC delays Franklin Templeton crypto index ETF decisionCointelegraph.com News – 2 hours agoAccording to Eric Balchunas, the launch of the Bitcoin ETF in the United States was the most successful ETF launch in history. The United States…
- Here’s what happened in crypto todayCointelegraph.com News – 3 hours agoNeed to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3…
- Shanghai judge says cryptocurrency is a commodity, legal to ownCointelegraph.com News – 3 hours agoShanghai Judge Sun Jie calls virtual currency a commodity with property attributes in a commentary on a 2017 business dispute. A judge in the People’s…
- SEC sends reparations to BitClave ICO investorsCointelegraph.com News – 4 hours agoThe payment is part of a settlement BitClave agreed to pay in 2020 after the SEC charged the search engine for failing to register as…
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