DigiByte price

in USD
$0.009227
+$0.0001 (+1.09%)
USD
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Market cap
$164.97M #136
Circulating supply
17.82B / 21B
All-time high
$0.18407
24h volume
$2.90M
3.6 / 5
DGBDGB
USDUSD

About DigiByte

$DGB, or DigiByte, is a fast, secure, and decentralized cryptocurrency designed to improve digital payments and blockchain technology. Built on its own blockchain, DigiByte focuses on speed and scalability, making transactions faster and more efficient than many other cryptocurrencies. Its advanced security features, including multi-layered protection and resistance to hacking, make it a reliable choice for safeguarding digital assets. Beyond payments, DigiByte is used for applications like secure identity verification and creating tamper-proof records, showcasing its versatility in real-world scenarios. With a strong emphasis on decentralization, $DGB empowers users by eliminating the need for intermediaries, ensuring greater control and transparency. Whether you're exploring crypto for the first time or seeking innovative blockchain solutions, DigiByte offers a solid foundation for the future of digital finance.
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DigiByte’s price performance

Past year
+28.74%
$0.01
3 months
-9.95%
$0.01
30 days
-2.25%
$0.01
7 days
-1.29%
$0.01

DigiByte on socials

DigiByte
DigiByte
$DGB is often cited as aligning closely with Satoshi Nakamoto's vision for Bitcoin, as outlined in the 2008 whitepaper—a decentralized, secure, peer-to-peer digital currency. Several features make DigiByte attractive to those who believe it fulfills or advances this vision: Speed and Scalability #DigiByte boasts faster transaction confirmations than Bitcoin, with 15-second block times compared to Bitcoin’s 10 minutes. This makes it more practical for everyday transactions, a key part of Satoshi’s vision for a peer-to-peer electronic cash system. It has implemented features like DigiSpeed, which optimizes transaction processing, and supports up to 560 transactions per second (TPS), far exceeding Bitcoin’s ~7 TPS. With plans for future upgrades, DigiByte aims to scale further, addressing Bitcoin’s scalability limitations. Security DigiByte’s multi-algorithm mining enhances security by making it resistant to 51% attacks, as attackers would need to control multiple algorithm pools simultaneously. This strengthens the network’s robustness, a core concern in Satoshi’s design. Features like DigiShield (a difficulty adjustment algorithm adopted by other cryptocurrencies) protect against malicious mining practices, ensuring network stability. Low Fees DigiByte transactions typically have very low fees, often fractions of a cent, making it viable for microtransactions. This supports Satoshi’s vision of a currency that can be used for small, everyday purchases without prohibitive costs, unlike Bitcoin, where fees can spike during network congestion. Community-Driven Development DigiByte is developed and maintained by a decentralized, volunteer-driven community rather than a corporate entity or foundation. This aligns with Satoshi’s ethos of a system not controlled by any single party, fostering trust and resilience. Decentralization $DGB operates on a highly decentralized network with no central authority, aligning with Satoshi’s goal of a trustless system. It uses five mining algorithms (Scrypt, SHA-256, Qubit, Skein, and Odocrypt) to prevent mining centralization, making it harder for any single entity to dominate the network (e.g., through ASIC dominance). This contrasts with Bitcoin, where mining has become more centralized over time. Its global node distribution and open-source development further enhance decentralization, reducing reliance on any single developer or organization. Utility Over Speculation Unlike many cryptocurrencies that prioritize store-of-value or speculative trading, DigiByte emphasizes real-world use cases. Features like DigiAssets (for creating tokens and smart contracts) and Digi-ID (a blockchain-based authentication system) expand its utility beyond simple payments, envisioning a broader ecosystem for decentralized applications—while still rooted in Satoshi’s currency-focused framework. Fixed Supply and Gradual Issuance With a 21 billion coin cap and a 1% monthly block reward reduction, DigiByte mirrors Bitcoin’s controlled supply model, which Satoshi designed to prevent inflation and promote scarcity. This gradual issuance supports long-term stability without the extreme deflationary pressure of some other coins. Resistance to Centralization Trends DigiByte’s community and developers actively resist trends that could compromise decentralization, such as reliance on layer-2 solutions (e.g., Lightning Network) or institutional custodianship. This keeps it closer to Satoshi’s original intent of a fully on-chain, accessible system.
DigiByte
DigiByte
1/ Inspired by #Bitcoin, the #DigiByte #blockchain launched on Jan. 10th, 2014 with no #ICO, mass pre-mine, or company. The $DGB Genesis Block was hashed from the headline "USA Today: 10/Jan/2014, Target: Data stolen from up to 110M customers" highlighting a future focus on security.
DigiByte
DigiByte
$DGB - Launched in 2014 - Is not an ICO - Is not a token - Does not have airdrops - Does not have staking - Does not have cloud mining - Does not have a corporate entity - Has a fixed supply - Can not file bankruptcy - Does not have a CEO - Does not have employees - Can not "sell ownership" to third parties - Can not engage in partnerships - Can not burn coins - Is decentralized - Is made in the USA - Is worldwide - Has 5 mining algorithms - Has 15 second transaction speeds - Is Proof of Work (POW)

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DigiByte FAQ

Currently, one DigiByte is worth $0.009227. For answers and insight into DigiByte's price action, you're in the right place. Explore the latest DigiByte charts and trade responsibly with OKX.
Cryptocurrencies, such as DigiByte, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as DigiByte have been created as well.
Check out our DigiByte price prediction page to forecast future prices and determine your price targets.

Dive deeper into DigiByte

DigiByte (DGB) is a decentralized blockchain that operates on the Unspent Transaction Output (UTXO) model. This model, also adopted by Bitcoin (BTC), offers enhanced privacy and security by making transaction history tracking more complex. DigiByte supports various features such as smart contracts, decentralized applications (dApps), and secure authentication, making it a versatile platform for a range of blockchain-based applications.

What is DigiByte 

DigiByte is an open-source blockchain ecosystem that was established in 2013. Its native token, DGB, was mined for the first time in early 2014. DigiByte is inspired by Bitcoin’s technology and draws inspiration from its features. To ensure the security and integrity of the network, DigiByte utilizes five distinct variations of the Proof of Work (PoW) algorithm. These variations include the SHA-256 algorithm, which is also used by Bitcoin, as well as Qubit, Scrypt, Odocrypt, and Skein.

The DigiByte team

DigiByte is a community-driven project with a global network of volunteers and contributors. It encompasses various entities, including the DigiByte Awareness team, the DigiByte Foundation, and the DigiByte Alliance. The project was originally conceived and developed by Jared Tate, also known as the "DigiMan." 

How does DigiByte work

DigiByte operates on a multi-algorithm mining approach to ensure decentralization and enhance security. This approach mitigates the risks of centralization and potential security threats. Additionally, DigiByte offers fast payment processing capabilities with its 15-second block creation time, providing quicker transaction confirmations compared to Bitcoin's 10-minute blocks. 

DigiAssets, a Layer 2 solution, enables the creation and tokenization of digital assets on the DigiByte network. This L2 platform also supports smart contracts, allowing for the creation and implementation of programmable logic for asset creation, transfer, and other use cases.

Another notable innovation within the DigiByte ecosystem is Digi-ID. Digi-ID is a privacy-oriented authentication protocol that serves as a single form of identification across various Internet of Things (IoT) devices, websites, and applications. 

DigiByte’s native token: DGB

Beyond being a medium of exchange, DGB tokens also have additional functions within the ecosystem – DGB tokens are awarded to miners and can be used for issuing and managing digital assets on the DigiAssets protocol layer. 

DGB tokenomics and distribution

DGB tokens have a fixed supply of 21 billion, with approximately 78 percent currently in circulation. Out of the total supply, only 0.5 percent (105 million DGB tokens) was pre-mined, with 50 percent of that reserved for ecosystem development. The majority of the total supply, more than 99 percent, is allocated as miner rewards.

DigiByte follows a deflationary token issuance model, where block rewards decrease by 1 percent each month. This gradual reduction in the rate of token issuance over time helps ensure a controlled and sustainable supply growth for DGB tokens.

The future of DigiByte

The future of DigiByte looks promising with its increasing acceptance among merchants, thanks to partnerships like UTrust. The recent extension of DigiByte token support to the Guarda Wallet as loan collateral further validates its popularity and utility. 

Additionally, the development of a DigiByte wallet is underway, spearheaded by RenzoDGB, an ecosystem developer. These developments indicate a growing ecosystem and highlight DigiByte's commitment to providing users with improved accessibility and functionality in the future.

Disclaimer

The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice.

OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
Market cap
$164.97M #136
Circulating supply
17.82B / 21B
All-time high
$0.18407
24h volume
$2.90M
3.6 / 5
DGBDGB
USDUSD
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