DigiByte (DGB)

From CryptoWiki

Total supply21 billion DigiBytes will be created over 21 years.



  1. "Global Decentralization: The DigiByte blockchain has had over 280,000+ full nodes downloaded since April 2017.
  2. 5 Mining Algorithms: DigiByte uses five secure and advanced cryptographic mining algorithms to prevent mining centralization compared to single algorithm blockchains. 1 of which is Odocrypt, added July 21th, 2019, which changes itself every 10 days.
  3. Advanced Difficulty Stability: Difficulty adjustments protect a blockchain from several forms of malicious attacks. By creating and implementing DigiShield & MultiShield, DigiByte has the most advanced difficulty stability of any blockchain in the world today."
  • Has (12-2019) three layers.

"1. Applications / DigiAssets Layer

This is the top layer of DGB that most people utilize in everyday applications. DGB also provides the DigiAssets layer here to build on.

2. Digital Asset / Public Ledger Layer (Think Security)

The digital asset layer is what incentivizes the security of the entire platform.

3. Core Communications Protocol / Global Network Layer

This is the bottom layer of the DigiByte that supports all infrastructure."

DigiByte Mining Breakdown

"DigiByte uses five individual mining algorithms that are equally weighted. Each algorithm has its own difficulty adjustment that is weighted against the other algorithms in a dynamic process known as MultiShield.

MultiShield is the advanced version of the original DigiShield (asymmetric difficulty adjustment now widely implemented in many other blockchains). DigiByte pioneered both MultiShield and DigiShield."


Seems to tick off all the popular demands:

  • Implemented SegWit (according to their website as of 12-2019)
  • Faster bitcoin, 30 second block time (Update 12-2019, now 15 seconds)
  • Claims (12-2019) to include IoT and AI in the future.


4x Softforks: SegWit, CSV, NVersionBits & Dandelion++

2-2014: Digishield Hardfork

9-2014: Multialgo Hardfork

12-2014: Multishield Hardfork

12-2015: Digispeed Hardfork

6-2016: Digisync Hardfork

4-2017: SegWit activation

5-2017: DiguSign Launch

5-2018: Digi-ID Launch

4-2019: Digi-Assets Launch

5-2019: Dandelion++ Activation

7-2019: Odocrypt Hardfork

Team, partners

  • Has a DigiByte Foundation (11-2019)
  • Jared Tate; 'Full time founder'
  • Andrew; Business development; has eight years of business experience in China across multiple industries. Andrew is a fluent Mandarin speaker.
  • “DigiByte Gaming is now approaching 40,000 League of Legends, CS:GO and World of Warcraft Gamers.“


  • According to Crunchbase (6-4-2020): "DigiByte has raised a total of $250K in funding over 1 round. This was a Seed round raised on Dec 2, 2014."
  • From this post (30-3-2018):

"As many of you know DGB is not and never was an ICO. We do not have a large reserve of USD sitting around like many other ICOS and pre-mined projects do. For the past four years development has been funded by volunteers and private donations, and until recently this was sufficient. From 2014 - 2016 basic DGB network support such as DigiExplorer and other services was supported by donations from DGB Holdings of Hong Kong. This amounted to a few hundred dollars a month. Then in 2016, we received two years of free hosting services through Microsoft Azure BizSpark+ program which was able to support all server expenses until October of last year when that officially ended. As you can see, to date we have spent $8,208.57 on server expenses since last October. So far this has been paid by myself (Jared Tate, DigiByte Founder) and I am happy to donate this and other expenses up till now. However, this is not sustainable for myself moving forward starting in April 2018. Here is our proposed April, 2018 monthly budget: April 2018 - Proposed DGB Foundation Budget."

The budget in question was less than 30K. However, there are not posts from how this panned out.

"“There is no budget to cut or employees to fire. The network runs itself."

Tate alleged that Binance expected substantial fees in the hundreds of thousands of dollars to be paid for the privilege of listing DGB on the popular new platform. “It’s not that people were opposed to paying Binance’s listing fees — we flat out couldn’t. There was no marketing budget,” he said. Thus, DigiByte was never listed on Binance, creating considerable angst in the community.

Fast-forward to Fall 2019, when, according to Tate, Binance again approached him about listing DigiByte on the new U.S.-based trading platform, Binance.US. “They said they would list us, respect us; that everybody would let bygones be bygones. They requested I get on a video call with them. I told the community, ‘Look if they make any crazy demands, I’m not going to go for it.’ I was told they wouldn’t make any crazy demands. Sixty seconds into the call, they’re asking for $300,000 and 3% of all DigiBytes.”


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