DigiByte, the decentralized global blockchain supported cryptocurrency, is one of the variations of Bitcoin and is growing at a swift rate. DigiByte is denoted as DGB and is used across more than eighty countries. DigiByte transactions are rapidly executed without any additional charges or registration formalities. Users of DGB are also allowed to protect contracts, data, and documents in an innovative way. DigiByte has an immense potential to reach at the topmost position among all Cryptocurrencies due to its phenomenal growth rate. DGB may become a largest Crypto of the world that has ability to support real-time payments across all global locations.
Fuelled by a vision to develop a secure and fast cryptocurrency, Jared Tate developed DigiByte in 2013 and the development lead to the mining of its very first block in 2014. With a strong urge to gain top position, the DigiPay startup venture aimed to establish a digital environment that encouraged developers to design solutions that appealed to a large spectrum of business audience. At the end of 2014, the development team succeeded in inking a strategic partnership with Tofugear, a web developer based in Hong Kong and received a whopping $250000 as private investment. This development benefitted DigiByte’s for development of next generation service offerings.
DigiByte is developed as a fork of Bitcoin with an aim of adding a large number of improvements to provide a fast, secure, and reliable option to user of Cryptocurrencies for making instant payments by exploring the most valuable advantages of digital currency payments. DigiByte facilitates mainstream societies, merchants and consumers to exploit its user-friendly features with no need to sign-up or register while sending or receiving payments in the matter of just a few seconds. DigiByte has been successful in improving upon a large number of Bitcoin features in terms of speed, security, transaction volume, and flexibility, and utility. DigiByte leverages five complex and scripted algorithms in comparison with Bitcoin, which has only one algorithm. The notifications about confirmation of DigiByte transactions are received promptly and the Cryptocurrency DGB is supported by a great number of countries across the globe. DigiByte has a far better ecosystem that is able to handle more than 280 transactions every second, which is almost forty times more than Bitcoin transactions.
DigiByte can be transacted across a large spectrum of exchanges including Poloneix, Bittrex, Cryptopia, Livecoin, Hitbtc, Yobit, Novaexchange and Bit Z to name just a few.
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