Not so long ago, a coin called DigiByte (DGB) entered the cryptocurrency market. It was released with the aim of introducing new developments with their subsequent introduction into technical solutions, the basis of which will be Litecoin and Bitcoin. DigiByte has a number of advantages to offer on the crypto market. By creating their project, the developers plan to deprive the digital currency of volatility and high exchange rates. These two factors often hinder the start of using cryptoassets as payment system tools. Also, the creators of DigiByte plan to solve the problem of slow action of crypto networks, which is directly related to a kind of program code for digital currencies of various types.

It is worth noting that the development of the DigiByte crypto token project was started in 2013. The team of creators planned to combine in it all the positive aspects of digital assets and at the same time solve all the important disadvantages of the crypto market that exist today. In this regard, the presented DigiByte technology is the largest among similar token projects. It is noteworthy that the DGB developers did not forget to introduce a regime of complete security for users and all financial transactions that are carried out inside the site.

The DigiByte platform is backed by a team of programmers who have quite solid experience in this area, as evidenced by the impressive list of official publications on Github. The project has a very competent policy aimed at interacting with the community.

The DigiByte project has its own official page at http://www.digibyte.io. On the site, you can find out all the relevant information about the project, get acquainted with the ecosystem, download a wallet, sell or buy DigiByte coins, contact a technical support representative, and more.

The founder of the DigiByte project is Tate Jared. Initially, he took part in the Bitcoin community, but after discovering flaws in its work and protocol, he decided to develop and present his own project to the world. It took into account all the previous shortcomings. So, in 2013, DigiByte (Digibyte) appeared.

The privacy of creators and developers does not benefit the blockchain. Transparent projects always have more trust and support from potential contributors and platform users.

DigiByte Features

Starting work on the DigiByte project, the creators and developers, led by Tate Jared, set themselves certain tasks:

Develop the fastest, safest and longest blockchain.
To release a digital currency on the crypto market that will be convenient for transactions.
Eliminate the shortcomings that were at that time in Litecoin and Bitcoin (scale, high percentage of commissions, security, low bandwidth).
In early 2014, the team of creators, together with Tate, released the first version of the cryptocurrency.

It is worth reminding readers that the blockchain is a rather unusual blockchain. It is a complex system that consists of three layers:

Digital Asset - a special layer of protection;
Applications Layer - the "top" layer that has general access for making transactions;
Core Communications Protocol is a technical component that supports the entire infrastructure.
It is worth noting that DigiByte has an unparalleled security system. The entire network is powered and supported by approximately 200,000 servers scattered around the world. The transactions made are recorded in a specially created registry with a high degree of protection, after which they cannot be changed, copied, or destroyed. This unique mining technology helps to protect the network from many attacks.

Due to the fact that the blockchain has a unique structure and a special SegWit algorithm is implemented in it, the network is provided with a high throughput system and scales well. As you know, DigiByte is the first cryptocurrency in the world to do this. At the very beginning, the figure was equal to 280 transactions in one minute, and every time it continues to grow.

It is important to remember that another distinguishing feature of DigiByte is its ability to make fast transfers and set a low commission percentage. On average, it takes approximately one and a half minutes to complete one transaction, and the commission is about $ 0.001. So, for one operation in the Bitcoin network, after all the improvements, the client pays at least $ 0.4.

It is worth focusing the readers attention on the fact that DigiByte is a digital asset that is completely protected from destruction, hacking and counterfeiting. In this regard, we can say with confidence that DGB is ideal for online payment for services, goods, storage of their assets, and personal payments.

After conducting all the necessary analyzes, it is worth noting that the creators managed to develop the fastest and longest blockchain in the world. But due to the unfinished introduction of cryptocurrencies into the market, DGB is not fully perceived as a serious project. But this fact does not prevent investors from investing their funds in a crypto asset and does not raise any doubts about the prospects of this project.

How DigiByte is created

Very often, DigiByte cryptocurrency is stored by users on the exchanges where they purchased it. This is due to the low value of the coin. But it is worth paying attention to those trading platforms that sell virtual DigiByte coins. They are quite popular and have a high level of protection against account hacking. It is very convenient to hold DGB on such exchanges, but there is still a high probability that your investments can be lost. Therefore, electronic wallets are an ideal option for storing digital currency. These were created by the developers of the company DigiByte (Digibyte). The project team offers several options for storing DGB assets, each with its own advantages and disadvantages.

The most popular nowadays is the DigiByte wallet installed on the PC. It can be downloaded by going to the official website, which is available to work with a variety of operating systems.

You need to start working after starting the program installer. Then select the required folder and click "Next". A window will open in which you can configure your wallet or leave it as it is by clicking "Install". Now you need to wait for the end of the installation process and click "Next" again. As a final step, click the Finish button.

For the final configuration of the DigiByte wallet, you need to resolve the issue with the folder in which the files will be stored, and confirm it by clicking on Ok. After all of the above, it takes a certain amount of time to go through full synchronization with the operating system. The address where DigiByte wallet is located can be found by moving to the Receiving Adresses tab from the File tab. The final step in creating a DigiByte wallet should be a password that cannot be recovered.

DigiByte wallet is ready to use. Since it is a cold wallet, it can store large amounts of DGB coins.

Is DigiByte endless?

Analyzing all the information about the DigiByte cryptocurrency, we can say that this digital coin is one of the most promising for investing your own funds in it. From the very beginning, the creators of DigiByte took the development process seriously. They have perfected the cryptocurrency and are professionally promoting it in the global market. The result is the creation of a unique digital currency with blockchain technology, which is improved and works using five algorithms. Such features give the DigiByte asset in digital format the opportunity to solve most of the problems that cannot yet be solved in the Bitcoin blockchain. These are the security of DigiByte, low commissions for transactions and their high speed.

Additionally, it is worth noting that the DGB platform was supported by most of the cryptocurrency exchanges, adding to the trading list. This fact gives confidence that the company can be completely trusted, make investments in order to make a profit and save your own funds from unreasonable jumps in the exchange rate of fiat money. DGB is a serious blockchain project worth the attention of many users, which has great prospects. A prospective investor can safely add the virtual asset DigiByte to his portfolio for a long-term period. The cryptocurrency has every chance to raise its own value in monetary terms through long-term deposits.

It is important to pay attention to the fact that the DigiByte currency costs about 0.02–0.03 US dollars per crypto coin. If you buy coins in the amount of several thousand, then it will be as big an investment as trying to buy Bitcoin or another identical coin. In this case, investment growth will be much higher than that of Bitcoin itself.

Based on the predictions of most crypto market analysts, we can judge that DigiByte is a reliable project. Relatively soon, the cost of one coin is predicted to rise to $ 0.1, and in the near future the price will increase to $ 1.

DigiByte strengths

It is worth paying attention once again to the strengths of the DigiByte cryptocurrency project. The creators, led by Tate Jared, offer ordinary users the following benefits that will set the coin apart from others:

an improved format of the program algorithm (code), which increases the speed of conducting and processing all financial transactions in crypto networks;
complete absence of commission or its minimum amount;
the minimum indicator characterizing the price change (volatility) in comparison with other cryptocurrencies;
active promotion of cryptocurrency platforms, increasing popularity among ordinary users, as well as investors, which will provide significant assistance in quickly gaining a large audience among participants in world markets for the sale of cryptocurrency;
obtaining a DigiByte crypt using methods such as trading on a crypto exchange and mining;
sufficiently reliable encryption technology, no registration in order to carry out transactions with DigiByte.
It is important that the creators issued tokens in the amount of 21 billion coins in order to minimize sharp fluctuations in the rate of crypto assets. Such a step will help to obtain the status of a serious instrument of the payment system.

All of the above positive aspects of the DigiByte project will become a fairly reliable basis for the growth of all indicators and the popularity of the DGB token among cryptocurrency users and investors.

DigiByted in TOP currencies

The young and promising cryptocurrency DigiByte is among the top 100 best world currencies in the capitalization market. It has an indicator of $ 80 million and is in 54th place (as noted by Coinmarketcap).

The developers plan to issue DigiByte coins in the amount of 21 billion by 2035. At the moment, the creators have achieved unprecedented stability of their cryptocurrency. The exchange rate has been fluctuating from 0.02 to 0.03 US dollars for a long time, and more than 10 billion have already been produced. The volume of DigiBytes capitalization suggests that today the coin claims to be in the TOP-50 of the worlds cryptocurrencies.

As you know, you can buy and sell DigiByte (DGB) on almost all well-known and large exchanges, such as Upbit, Bittrex, Poloniex and others.

Not so long ago, the creators and the DigiByte team with D. Tate presented the announcement of several new projects that are planned to be released along with new tokens. They will be released on the basis of the DGB blockchain, DigiMessenger, AI systems (artificial intelligence), etc. Such solutions look very promising and can significantly increase the amount of capital. It is also planned to release a new asset (digital), more attractive for those users who make transactional transactions, as well as for investors.