DigiByte (DGB) vs. Bitcoin
-- Digibyte, The Sleeping Giant
Digibyte DGB won @Citi #CitiT4IChallenge and @CC_UK_PR Clifford Chance for recognizing #DigiByte @DiguSign with an award! #blockchain on October 2nd 2017
Digibyte DGB Activated Segwit on April 28th 2017
29th October 2017 Digibyte’s Founder Jared Tate on Texas Bitcoin Conference in Austin, Texas.
Bloomberg on Digibyte:
More events and business partnerships are coming !!!
Don’t miss the trend !!
Marketability & Usability:
DigiByte is an easy brand to market to consumers.
DigiBytes are much cheaper to acquire. $1 - $10 long-term price target per DigiByte (Current price $0.008). Send 5 DigiBytes instead of 0.005 Bitcoin.
Security:
5 DigiByte mining algorithms vs. 1 Bitcoin algorithm.
DigiByte mining is much more decentralized. DigiByte mining algorithms can be changed out in the future to prevent centralization.
Speed:
DigiByte transactions occur much faster that Bitcoin transactions.
1-3 second transaction notifications. 15 second DigiByte blocks vs. 10 minute Bitcoin blocks.DigiBytes are confirmed after 1.5 minutes vs. 1 hour with Bitcoins.
Transaction Volume:
DigiByte can handle many more transactions per second.
Bitcoin can only handle 7 transactions per second. DigiByte currently can handle 280+ transactions per second. The 2015 DigiSpeed hardfork introduced changes that double the capacity of the network every two years.
Total Supply:
More DigiBytes, lower price, more micro transactions, better price stability.
21 billion DigiBytes will be created over 21 years. Only 21 million Bitcoin will be created over 140 years. 1:1000 ratio. 1 Bitcoin for every 1000 DigiBytes.
Flexibility:
Ability to quickly add new features.
DigiByte can add new features & upgrades much quicker than Bitcoin.Future DigiByte upgrades will push transaction limit to several thousand per second.
DIGIBYTE TECHNICAL SPECIFICATIONS
Launch Date: January 10th, 2014
Blockchain Type: Public, Decentralized, UTXO based, Multi-Algorithm
Ticker Symbol: DGB
Max Total Supply: 21 Bilion DigiBytes in 21 Years (2035)
Block Reward Reduction: 1% Monthly
5x Mining Algorithims: Sha256, Scrypt, Groestl, Skein & Qubit
Block Timing: 15 Second Blocks, (1.5 Minutes per algo)
Algo Block Share: 20% Block Share Per Algo (5)
Difficulty Retarget: Every 1 Block, 5 Separate Difficulties, 1 For Each Mining Algo
SegWit Support: Yes. First major altcoin to successfully activate Segwit. (April 2017)
4x Hardforks: DigiShield, MultiAlgo, MultiShield, DigiSpeed
3x Softforks: SegWit, CSV, NVersionBips
Current Supply: 8,107,031,908 DGB (2017)
Yearly Supply Inflation: 12% in 2017
Current Block Reward: 842 DGB
29th October 2017 Texas Bitcoin Conference in Austin, Texas.
http://TexasBitcoinConference.com
DigiByte Blockchain (FAQ)
https://www.digibyte.io/digibyte-blockchain-faq