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Revainrating 4 out of 5

Digibyte was created in 2014 by its lead-developer, Jared Tate. It is a…

Digibyte was created in 2014 by its lead-developer, Jared Tate. It is a cryptocurrency project that aims to concentrate on increased transaction speed, decentralization and security. In fact, the Digibyte technology performs significantly better than most other cryptocurrencies.

Pros
  • On the other hand, Bitcoin is only able to manage 7 transactions per second and Ethereum isn’t much better either, at just 15. Digibyte is also referred to as DGB and in total, there will be 21 billion coins in circulation, which is also expected in the year 2035. Interestingly, the Digibyte project became the first blockchain in the world to install something called SegWit (Segregated Witness). This means that transaction confirmations are separated from the information stored within the block, helping to achieve faster transactions.
Cons
  • Ultimately, the biggest thing that affects the price movement of a coin is real-world events, such as improved technology, regulation and new partnerships. Just make sure that you don’t invest money based on pricing predictions alone. Do as much research as possible and make your mind up based on everything you have read!

Revainrating 4 out of 5

2018 will be the year for Digibyte. Expect a realistic price of $1.50-$3 for…

2018 will be the year for Digibyte. Expect a realistic price of $1.50-$3 for this crypto based on current trends and market cap of total possible coins. Digibyte will not exceed $20, but it does have the possibility to get up even above the $3 range if people jump onto it in realizing the total potential of the benefits of the coin. That would take a real global involvement though. Buy or mine as much as possible now.

Pros
  • you can buy a number of cryptos and exchange for Digibyte using coinswitch or shapeshift to convert those cryptos to Digibyte and then store the Digi's in your Digi wallet which you can download on the Digi website (lots of "Digi" in this post lol).
Cons
  • Just keep holding. 2018 is a big year for digibyte as people are going to understand how much better of a coin it is than bitcoin and the other top performers. The mining community is already vacating some of the other scrypt coins and heading to digibyte; 6x the traffic that there was 2 weeks ago on the mining pools alone. Follow the miners if you want to know the heartbeat of the forecast to come ahead.

Revainrating 4 out of 5

Digibyte is the best cryptocurrency which transaction speed is very fast, and…

Digibyte is the best cryptocurrency which transaction speed is very fast, and network fees of the transaction are also very low. And it is the multialgorithm system. But as there is no any particular use case of Digibyte and many competitors in the market, Digibyte is still unknown to many investors or traders.

Pros
  • Digibyte is best Decentralized cryptocurrency which utilizes Multi-algorithm approach. Digibyte transaction speed is very fast, and also transaction network fees are too low as compared to other cryptocurrencies. Digibyte uses Proof of Work model where all activities are store in public ledger. The blockchain of Digibyte allows only 20% of blocks can be mined under each algorithm.
Cons
  • Digibyte is still unknown by traders or investors as the team will not do the marketing of Digibyte project. Also, Digibyte has no real use case as there are many competitors of Digibyte in Cryptocurrency market. Digibyte is not listed on major exchanges like Binance so big traders can't be able to trade with Digibyte.

Revainrating 5 out of 5

The thing is with Digibyte is that the difficulty of mining coins changes with…

The thing is with Digibyte is that the difficulty of mining coins changes with however many are mining at that time on whichever algorithm. Since there are currently more people mining on the SHA-256 Algo, the difficulty goes much higher; at last glance over 30% higher which in return means 30% less Dibibyte can be mined by an individual over what someone could mine with the Scrypt algorithm.world. 2018 is the time to do it for Digibyte if they truly want to be a top player for a global…

Pros
  • The Digibyte team is doing wonderful things with the performance of the coin and what it has to offer; but they are doing pretty bad job in promoting that awesome product that they have. Just think if they had a better promotional campaign how many more people would be looking into Digibyte. Sooooo many more
Cons
  • from the beginning of 2017 to the end of 2017. But what tbellanca82 has said, four years ago the value of Digibyte was only roughly 15% less than what it is at this very moment.....Even though they made a 27x profit last year in 2017, the value had actually dropped significantly before that point for any very long-term holders

Revainrating 4 out of 5

I think if we had possibly three basic ideas on what we were to market to the…

I think if we had possibly three basic ideas on what we were to market to the masses, and the target audience (Facebook, twitter, google, etc), then we could each decide where to send our donations. I for one would send a percentage of what I mine everyday to all projects to get the word out there! Some possible advertising ideas: Low transaction fees/Fast transaction speed, 5 algo mining capability (since I can envision a world someday soon where EVERYONE is mining cryptocurrency a little bit…

Pros
  • I see........so what you are saying is that I have to have a computer on the local network that the ASIC's are running and then connect my remote laptop through the stationary computer connected to the local network? I've actually been pretty confused by this aspect and suspected that it might be the case. However, in the FAQ page of awesome miner I didn't interpret it that way.....I thought I could literally set up a VPN or port forward my modem/router so that my remote laptop could connect to the modem/router through the WAN instead of another computer on the local network running awesome miner.
Cons
  • I'm definitely not an expert on networking, but damn, I'm educated enough to (I would think) be able to set this up correctly to at least change the mining pools remotely and view the temperature of my ASIC's remotely. But the fact remains I can't even get my modem/router to port forward correctly to allow my laptop to even connect correctly.....I don't know if it's just my idiocracy or what; I am using new equipment after all lol

Revainrating 4 out of 5

I'm finally getting around to setting up my external ASIC's to monitor with…

I'm finally getting around to setting up my external ASIC's to monitor with Awesome Miner but can't seem to connect to them from my laptop.... I have set all the portforwarding correctly as instructed on my modem/router and the correct WAN IP address in AwesomeMiner for each ASIC. I keep getting a message that they can't connect though due to not being able to communicate with the ASIC and that I possibly need to set an "API enable" in my software? I can connect to each miner when my laptop is…

Pros
  • Looks like it's still being weird; not so much for the sha256 but more for the scrypt pool. Is anyone still having this issue? I keep being booted off onto my secondary pool every few hours with a large amount of invalid hashrate when I am connected to Blockfactory...
Cons
  • for one, mention the facts in public comments on every single Yahoo News story I read on Bitcoin or Crypto and try to correct the obvious misconceptions or untrue facts that the general news media get wrong in their stories. I'm always mentioning Digibyte as an example with true facts to get the word out

Revainrating 4 out of 5

We need the media to focus less on Bitcoin and Ethereum when they create…

We need the media to focus less on Bitcoin and Ethereum when they create stories that the masses who are uneducated about crypto read. Someone needs to write about the benefits of crypto as an actual way to use it for currency. We need a Forbes, CNN, FOX, or somebody else to write a report. Once people are educated on Digibyte for its actual use as fiat, the masses can begin coming to us.

Pros
  • Is railblocks mineable by five different algorithms? Has it been in existence a long a digibyte? Have the creators stashed any of it away for themselves? What about being able to digusign and sending documents on the blockchain? Does it have a group of developers who aren't about just hyping the coin for financial benefits alone? To me, a coin like Digibyte is what decentralization of currency is all about. I honestly could care less about something like ripple or any other coin who is basically promising a stock in their company through coins for the technology they say they can offer
Cons
  • I'm all about which coin is the most decentralized so the people don't have to worry about the influence of any government giving them inflationary notes and controlling the masses through the debt. But that's just me; and Digibyte is the first coin that I see does that. For me at least. If you want to speculate on prices for technology then that is probably another coin; Digibyte is all about decentralization in my eyes.

Revainrating 4 out of 5

The biggest issue is that it has no real place in the ecosystem right now, its…

The biggest issue is that it has no real place in the ecosystem right now, its trying to be a bitcoin competitor but bitcoin already lost the transaction coin war to second gen coins, now that third gen faster and better coins are out digi is simply obsolete in what its trying to accomplish. It needs to finds its niche, or be given direction at least. All that has ever come from the devs in the last year is to go use it and develop on it. Id like to see it thrive but it has very little adoption

Pros
  • Bitcoin started in 2008 digibyte much later. So there is always a time difference. Digibyte is the best solution for cryptopayments. Extreme fast, secure, cheap fee costs, stable etc. When you want to make much profit in shirt time with chance of losing it, Than digibyte is not the one for you. But long term investment and your believe in our community and that Digibyte will be the coin to pay with now and in futuee than you are on the right coin.
Cons
  • The down side to me, of DigiByte, is that we launched fairly and honestly, we're not an ICO giving millions of dollars to founders and nor do the developers or Foundation take a cut of every newly minted block like ZCash does. The down side is we don't have a dedicated corporation behind us, like Ripple, that controls 2/3 of all of the coins. The down side of DigiByte is that we deal honorably and the founders and Foundation don't pay bribes to get listed on to Exchanges (Though from the looks of it the community appears interested in crowdfunding that -- So watch this space). The down side of DigiByte is that we won't overhype things and we don't give opportunities to Pump & Dump groups. These things all mean that we're not overinflating value in the short term to pander to people who are only here for a quick time to buy in and flick off the coin. If those are the only down sides of DigiByte, I'm absolutely 100% alright with that!

Revainrating 4 out of 5

In my opinion, DigiByte has many good things going for it. DigiByte would be a…

In my opinion, DigiByte has many good things going for it. DigiByte would be a good place to start.

Pros
  • - Blocks close every 15 seconds for fast transactions. - The network has over 200,000 nodes so is widely distributed and decentralized. - Its multi-shield technology protects the network from becoming dominated and corporatized by ASIC mining pools. - It has an extremely supportive, engaged, and friendly community that does most of its marketing. - It has a well respected and dedicated development team.
Cons
  • - Although it has a limited supply of 21 billion, it is a large supply that may slow the down the value of DBG increasing. - It has no whitepaper or future roadmap which creates problems with research and trust for new investors.

Revainrating 4 out of 5

The project looks really good right now. With some of the best technology out…

The project looks really good right now. With some of the best technology out there unrivaled in security, speed and scalability, an increase in marketing efforts should result in a price break-out. With almost no hype around the DigiByte, some analysts feel that when the hype comes, the coin might break the 1 USD barrier. Check out the project for yourself and don’t say we didn’t warn you of its existence if and when it explodes!

Pros
  • Low Fees DigiByte’s multi-algo approach is also supposed to keep fees low. Block difficulty is re-adjusted every 15 seconds as opposed to between every block on the chain. As of a few months ago, the DigiByte fee was about 0.0001 DGB per transaction of 100,000 DGB sent.
Cons
  • Symmetrical Triangle has formed on $DGB which is usually considered a continuation pattern. At minimum, we need 2 higher lows, and 2 lower highs which we have to confirm the pattern. Volume should decrease in this pattern as the “Calm before the storm” happens. We also have a bullish Kumo Twist on the Ichimoku and the MACD is close to crossing.

Revainrating 4 out of 5

One of DigiByte’s greatest strengths is its level of decentralization…

One of DigiByte’s greatest strengths is its level of decentralization. Utilizing a multi-algorithm (multi-algo) approach, DigitByte makes its currency mineable by a variety of hardware types including Antimers and conventional graphics cards (GPUs). Miners can use any of the following 5 mining algorithms – Scrypt, SHA256, Qubit, Skein, and/or Groestl – which makes it harder for individual miners to amass mining hardware and hash power.

Pros
  • I'm starting to understand @Magicboy's story, the poor kid lost a lot of money on XVG, lost money on BCN, and now feels offended because I agreed with a negative post on XVG, so let Magicboy know if you check my past profile, you will see that I was a defender and keeper of XVG, until the moment that your Founder Justim deceived every community with their false promises and lies, turning XVG into a Shitcoin, the DGB team and Team Cardano does not lie trying to induce their followers to pump the price of the currency, the day they do it, I will simply sell my stake and move on to another investment, until they prove otherwise, to me DGB and ADA are one of the best projects and teams of this Marketplace.
Cons
  • We’ve had this troll for a few months now. He posts outlandish and unsubstantiated lies about DGB. I’d like to ask him why DGB, why only when DGB is down. Do you feel any shame in being a troll? Last thing, do you troll other coins as well? Just for the purpose of understanding why you post such ignorant things. I think mostly we feel sorry for you...I feel sorry for you.

Revainrating 5 out of 5

DGB is relatively centralized, with nearly 70% of the coins held in the top 1…

DGB is relatively centralized, with nearly 70% of the coins held in the top 1,000 wallets (this also accounts for exchanges). There are limited data about the hashrate, but DGB is still mineable. It uses the Skein mining algorithm, which is still suitable mostly for GPUs, with talk of ASIC rigs in the making. overall is good project should join now

Pros
  • DBG was one of the faster climbers on Monday, doubling its price in the past two weeks from recent lows to reach $0.04. Trading volumes have grown several times compared to last month’s levels, and the uptick may continue for a while. While there is no talk of a dramatic bull market, DGB may be one of the coins climbing independently even in the current bear environment
Cons
  • Based on total supply, DGB is relatively low-priced. Compared to TRON (TRX), which has a total supply of 100 billion, there are just 10 billion DGB. Verge (XVG), whose supply stands at 15 billion, is currently in a lower price range at around $0.02. DGB is growing gradually, and in some ways also resembles Bytecoin (BCN) – another older coin gaining a fan base for being a relatively low-priced and accessible asset that can also be used for payments

Revainrating 4 out of 5

DigiByte remains unique by using advanced, modern, and cutting-edge blockchain…

DigiByte remains unique by using advanced, modern, and cutting-edge blockchain technology for securing necessary data, documents, and contracts in a way which hasn’t been possible previously. DigiByte Transactions have been engineered to a precise size and scope in order to maximize speed, throughput and efficiency.

Pros
  • You can go it alone and solo mine DGB, or you can join forces with others and pool mine DGB. Solo mining can yield far greater rewards when a block is found, but is more erratic in the timing of finding blocks. Pooled mining yields smaller rewards, but they come more frequently, which gives a smoother return.
Cons
  • The next step is to find a good mining pool. There are quite a few available for mining DigiByte. You’ll want one that is both reliable and trustworthy, and if it offers low fees that’s even bette

Revainrating 4 out of 5

Five mining algorithms – DGB has employed the use of five different…

Five mining algorithms – DGB has employed the use of five different cryptographic mining algorithms to avoid centralization in mining operations. Almost all other cryptocurrencies use just one mining algorithm and suffer from centralization issues in their mining base as a result.

Pros
  • Advanced difficulty stability – DGB was created with one of the most advanced difficulty stabilities of any existing cryptocurrency. This came about through the innovations of DigiShield and MultiShield technologies built into this cryptocurrency.
Cons
  • Global decentralization – DGB is considered to be one of the most decentralized and secure cryptocurrencies. The DigiByte blockchain currently consists of over 200,000 servers, nodes, computers and smartphones spread out across the globe.

Revainrating 4 out of 5

No one can argue the fact that DigiByte have the POW block chain with 5…

No one can argue the fact that DigiByte have the POW block chain with 5 different algorithms to ensure the network. For sure. All opponents are welcome, but be able to leave for their own good to a different place of the internet, where they can talk to themselves (maybe it's just a sad person who bought DigiByte on satoshis and 100 is a bagholder since then with many industrial areas) how bad this coin is-that is really not true

Pros
  • Digibyte is a cryptocurrency solid, but with absolutely nothing special going for it. Just a coin that "non-. Well the logo looks cool, though less obvious digibyte robot is just a copy of the Michelin man on a diet. I look at the DGB, but frankly, what it highlights to me. No black market even accepted it in payments, which is the main purpose of crypto.
Cons
  • severe inflation from mining, the dev team always say "Soon, Soon, Soon," but never bring anything of real substance, and the chart looks like Santa Claus takes a dump out of his sleigh on my list. I stay away from the DGB in the future, except to pour 20 BTC values of it which I bought whenever we hit 50 satoshis back

Revainrating 5 out of 5

In my opinion, DigiByte has many good things going for it. It is a mature…

In my opinion, DigiByte has many good things going for it. It is a mature project with plenty of experience and cutting-edge innovations that have become popular on other well known blockchains. It’s approach to decentralised mining is an important feature when considering the corporatisation of the Bitcoin network. It is a project with a long term vision that is often overlooked, and because of this it receives a lot of hype in forums for being a ‘sleeping giant’ and a juicy investment…

Pros
  • What is DigiByte? DigiByte is a public decentralised blockchain based on the Bitcoin core code that began in 2014 and has since developed into a network and cryptocurrency made to rival Bitcoin in security, speed, and decentralisation.
Cons
  • Interesting Technology: Its platform is comprised of three layers of infrastructure that function on top of each other to provide different Utilities to the network. (1) The applications layer hosts dApps, Digi-apps, and smart contracts. DApps are software utility applications developed for the blockchain; Digi-apps are centralised software that is native to the DigiByte blockchain; Smart contracts are digital obligations that are enforced by coding for asset-based agreements without middleman intervention. (2) The digital asset and public ledger layer provide security and administration to the value of data tokens and assets on the blockchain. (3) The core protocol and global network layer provide communication channels for nodes to talk across the network. Any server, computer or mobile phone connected to the DigiByte network becomes a node and helps to relay transactions. Multi Algo splits DigiByte mining into 5 separate algorithms of SHA256, Scrypt, Qubit, Skein, and Groestl. Each algorithm is equally allocated 20% of the network to keep the network safe from corporatisation and to preserve decentralisation. The Multishield algorithm is the advanced version of DigiBytes pioneering technology Digishield. Digishield retargets mining difficulty after each block is finished, fixing a common problem in cryptocurrencies with difficulty resets at much larger intervals where mining pools target them en masse for profit when the difficulty is low and abandon the network as it increases. Digishield became popular and was deployed in many other blockchains including Dogecoin and Zcash. Digispeed allows the network to create a block every 15 seconds with the capacity of holding 10MB of data compared to Bitcoins 1MB blocks every 10 minutes. As block sizes are closed so quickly, DigiByte also has the longest recorded blockchain which causes problems with scalability, but as a solution to this problem, DigiByte was one of the first cryptocurrencies to implement segregated witness (SegWit). To put it simply, Segwit is a process that splits a transaction in half to exclude any unnecessary data that is not needed to be confirmed as legitimate.

Revainrating 4 out of 5

DigiByte (DGB) is a rapidly growing world-wide decentralized payment network…

DigiByte (DGB) is a rapidly growing world-wide decentralized payment network, inspired by Bitcoin. DigiByte allows you to move money over the internet similar to PayPal & Western Union but with many improvements, including lightning fast transactions and minimal or no fees. You can send & receive DigiBytes to or from any DigiByte address in the world in a matter of seconds with no required sign up, registration, or hidden fees.

Pros
  • DigiByte is quite popular, currently (August 2018) sitting in the #35 spot on Coinmarketcap.com with a market capitalization of just over $271 million. It is traded in over 100 countries and has seen its popularity continue rising for several reasons. Unlike other cryptocurrencies there are no fees for using DigiByte. And transactions are nearly instantaneous. Compare that with other cryptocurrencies that can take many minutes or even hours to validate. Any user can send DGB to a verified DigiByte address anywhere in the world without registering or paying any fees.
Cons
  • Even after four-and-a-half years of development DigiByte continues to see its developers working hard to make improvements and upgrades to the blockchain. DGB transaction notifications happen within 1-3 seconds and blocks are discovered every 30 seconds currently, with transactions being completed every 3 minutes. Yet developers are planning to increase transaction speeds further.

Revainrating 5 out of 5

Full DigiByte analysis It is one of the most rapidly growing decentralized…

Full DigiByte analysis It is one of the most rapidly growing decentralized global blockchains. This cryptocurrency makes use of the blockchain technology, which is a transparent ledger used in different applications. DGB is focused on building state-of-the-art and sophisticated blockchain technology for security applications as cyber threats continue to increase around the world. This cryptocurrency like Bitcoin, Ripple, DASH, Steem, Dogecoin, Waves, Bitshares, Monacoin is very popular and it…

Pros
  • Mining of DigiByte The mining is carried out through a process known as Proof-of-Work (POW). The miners have to solve complicated and complex mathematical problems to validate the cryptocurrency transactions using high performance computer systems and the latest mining software. Mining is carried out by using high-performance CPU, GPU, or ASIC to process (or “mine”) blocks of transactions on the network of this digital currency. The miners need powerful hardware attached to their computer in order to mine this cryptocurrency. In addition to this, they need specialized mining software and a DigiByte wallet. Mining software and sophisticated hardware are very expensive for small investors. So, the mining of alternative cryptocurrency is ideal for large stakeholders. Many cryptocurrencies have now started to make use of power-of-stake (POS) instead of POW for mining purposes. In POS, the mining of coins doesn’t involve the use of expensive hardware and software products by miners. This makes the process of mining, in the case of POS, more suitable for small cryptocurrency investors.
Cons
  • DigiByte Innovations: What makes this digital currency more secure? Advanced difficulty stability DGB has one of the most advanced difficulty stabilities in the world. This difficulty stability was achieved by building and implementing MultiShield and DigiShield into this digital cryptocurrency. Five mining algorithms The DGB system makes use of five advanced cryptographic mining algorithms for preventing mining centralization. Global decentralization It is considered to be one of the most secure cryptocurrencies around the world. Its blockchain is widely used by over 100,000+ computers, servers, smartphones, and master nodes globally.

Revainrating 5 out of 5

How well is DigiByte doing at the current moment? The reason we have decided…

How well is DigiByte doing at the current moment? The reason we have decided to mention DGB once again is the fact that this coin has seen some improvements when it comes to the terms of having its price raised at the beginning of February of the following year of 2018. Within this period, DGB has managed to reach an amazing boost that went up to over 70%, consequently raising its price against the dollar. However, the latest change in the price that occurred in the last 24 hours is slowly…

Pros
  • Everything you need to know about DigiByte DigiByte is a blockchain based layer that is using five different mining algorithms at the current moment. These algorithms are there to enable maximal security and undeniable safety for as a blockchain based technology, DigiByte has the same goal as Bitcoin and other similar currencies – and that goal is to deliver a unique experience of being able to perform fast transactions within the blockchain based network. DigiByte is stepping up its game with a couple of different layers, so we have digital asset layer and the application layer. The application layer serves the purpose of having the ability to create decentralized apps, commonly known as Dapps. That means that this layer can be considered as a form of an application store, much like Google Play Store. Ethereum, just like DigiByte, also enables users to create, upload and download applications specially made for blockchain based networks.
Cons
  • However, DGB isn’t as massive as ETH and Ethereum is a large platform that hosts several coins across its platform, unlike DigiByte. This layer, however, also makes centralized applications possible to make and distribute across its blockchains, which is considered to be a fine business move made to attract companies to invest in DGB and use DigiByte layers. loading... The first layer we have mentioned, the digital asset layer, enables users to communicate across the blockchain network on a daily basis, that way enabling fast and easy interaction between users who choose to interact. So, you can conclude based on what DigiByte represents that this blockchain network isn’t just out there for the sake of solely existing and hoping to get some profit. The developers behind DGB had thought through all the details that eventually helped them design a pretty neat and easy to use a currency that runs on nodes and makes for a safe way of making transactions in a new decentralized fashion.

Revainrating 4 out of 5

While many blockchain projects that appeared around the same time that…

While many blockchain projects that appeared around the same time that DigiByte did are purely focused on monetary transactions, DigiByte is different. The currency is looking to evolve into something with many real-life use cases. In a talk given at the Texas Bitcoin Conference, DigiByte creator Jared Tate gave a riveting speech in which he explained his plans for DigiByte. Specifically, he wants the project to grow in such a way that it can support international trade and become more of a…

Pros
  • DigiByte has been used in real-life for years now, one of the earlier use-cases was acceptance in House of Blue Jeans in the Netherlands. There is also DiguSign which is used by many companies, with things such as securing international shipping manifests. We’re also seeing Loly building on us with some ground-breaking uses around sexual consent and utilizing the immutability of the blockchain.
Cons
  • DigiByte was intentionally designed with a 1000:1 ratio compared to Bitcoin, in order to be more “manageable” in size. This choice in algorithm, as well as the unique way in which mining rewards are divided among the algorithm choices, means that both Bitcoin ASICs and CPU miners can both mine the currency side by side.