DGB | The SpaceX of Mining Coins

Finally, I have the honor to introduce DigiByte to you.

For ancient projects like DGB, veterans in the industry should be very familiar with them and there is no need for us to elaborate on them. For some new friends, it is believed that in-depth understanding of mainstream projects can help them discover the value of the industry, so I need to share with you what I know about DGB.

The reason why DGB is highly recognized is not only because of its perseverance as an ancient project team, but also because of its core idea of ​​free development.

BTC is the originator of blockchain projects.

ETH ushered in the era of smart contracts.

XMR takes anonymity to a new level.

DGB has integrated and become the most comprehensive project with the highest degree of development freedom.

Quoting DigiByte (DGB) Github content to give a brief introduction to DGB:

This is a rapidly growing global decentralized network of digital digital tokens, inspired by Bitcoin. DigiByte allows users to move money over the Internet, similar to PayPal and Western Union, but with many improvements, including lightning fast transactions, which also require little or no fees. You can send and receive DigiBytes to DigiByte addresses around the world in seconds, without registration and additional fees.

The technology fully reflects DGB's pursuit of perfection

For ancient projects, absolute decentralization is the fairest way to play. This means that the project starts from scratch, is strong and does not need fundraising or harvesting. We sincerely hope that everyone can use coins as a new asset to store and trade with confidence.

In terms of security, DigiByte uses five independent mining algorithms to process transactions on the network. Each algorithm accounts for approximately 20% of all blocks found on the network. This makes the output of coins more decentralized, because three of the five DigiByte algorithms are ASIC-resistant . And each algorithm corresponds to a type of mining machine, so that various mining machines can provide computing power for the project, which greatly ensures the smooth operation of the main network. And in the future, it can also prevent the centralization of coins, and algorithmically ensure that miners with different equipment or mining machines receive due rewards.

In terms of output speed and transaction speed, DigiByte block notification occurs within 1-3 seconds, a block is produced every 15 seconds, and a transaction is completed every 3 minutes.

It is one of the earliest blockchain projects to apply Segregated Witness . And there is no end to the pursuit of speed, and future planned upgrades will make transactions faster. Most DigiByte to DigiByte transactions are free, or provide very small network mining fees to incentivize people to mine. The total amount of DGB tokens is 2.1 billion, which will be produced in 21 years, and the new DigiByte production will maintain a monthly decline of 1% using a linear reduction emission model .

DGB is promoted globally

Currently, DigiBytes are stored, traded and traded in 89 countries around the world.

Each region has miners and groups that support the project, and the regional division of professionals in the Telegram community also shows the huge audience of the project. These large technical communities also make the project unprecedentedly adaptable , innovative and flexible . DigiByte is still adding new features and services, and continues to be active at the forefront of digital currency technology.

At present, the DGB project operation and development team is also divided into DGB development, DGB foundation, and DGB publicity team, just like the community, so that the community can obtain project dynamics and collect user information in a timely manner.

Therefore, as a high-quality project in the display template category, DGB also has a first-class decentralized management strategy in promotion and community management.

The value potential and development of DGB projects

Judging from the price trend chart of the DGB project on CMC, DGB meets the long-term requirement of maintaining the same fluctuation range as BTC. The early price changes were below BTC, and the price changes in the past year have basically remained above BTC.

This shows that the value of the project is basically stable. If there is further development, there will be very significant changes in price. However, for investment in mainstream and sub-mainstream mining coin projects, we are more optimistic about the miner model, because mining is still the only way to obtain cheap chips.

DigiByte’s current mission is to bring the advantages of digital currency payment technology to merchants, consumers and mainstream society around the world in the most understandable way .

Now DigiByte has become a decentralized payment network and digital currency used by millions of people around the world, which can be quickly and easily purchased and sold through the Internet, in stores or peer-to-peer. DigiByte has provided the best quality services to the businesses that currently support it.

Aladdin Pow Labs is a vertical media and research institution focusing on digital mining and mining coin mining machines. It has the ability to operate the entire industry chain of digital mining and mining coin mining machines and has cooperative relationships with large mining pools, mining machine companies, and trading platforms. It specializes in providing one-stop solutions such as mining coin research and media, ASIC and FPGA mining machine R&D and sales, mine hosting, cloud computing power, mining pool services, etc., and works with partners to make mining more mainstream.