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 allowingShow more [+] 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.
I've been in dgb since 2016 since and it barely made any progress like wtf, i see nore and more people pulling out. Is this coin ever going to hit a $1 we got no professionals here that can give us any intake on this coin. Im Pretty close myself from pulling out just one more year thats it for me honestly. We don't even get any updates about this coin anymore like zero communication from the Devs like they just quietly all pulled out, i wonder if they know something we don't .
2023 has been an active year for the DigiByte Global Community.
At the end of 2022 the DigiByte Alliance began hosting monthly education hour on the DigiByte Community Discord with topics ranging from DigiByte Rosetta implementation, pool mining, nodes, commerce and others.
The community chats are hosted monthly hope to see at the next one.