DigiByte Price Prediction 2018, DGB Forecast and Price Charts – When to buy DGB? What is the DGB price today? DGB Forecast, Short term and Long term Price Predictions for Next Months and Year: 2018, 2019 and 2020.
WHAT IS DIGIBYTE (DGB)?
DigiByte is the longest public blockchain in existence and is a fork of Bitcoin with code modifications allowing for a more secure and faster system. It runs on top of its own blockchain. It is an open-source and decentralized system that was also the first one to fork to a multi-algorithm mining from a single proof-of-work algorithm. It employed the DIgiShield hard fork to protect the chain against multi-pools.
DIGIBYTE (DGB): HISTORY
The man behind the DigiByte network is Jared Tate, who wanted to create one that is more fast, secure and decentralized than Bitcoin. The first block of DigiByte was mined in January of 2014 and it was the first to employ asymmetrical difficulty adjustment mining on their network to provide users with a faster and more secure system.
HOW DOES DIGIBYTE (DGB) WORK?
DigiByte is more a blockchain than it is a currency and thanks to the use of 5 different hashing techniques, it is also 5 times more secure. This allows the creation of DApps and even centralized apps. DigiByte coins work similarly to Bitcoin, but with several improved features. The user only needs to know the recipients and the amount to be transferred. After the money is sent, the miners validate and approve this payment and it goes through. It has a block time of 15 seconds which is much faster than Bitcoins and can transactions of up to 560 transactions/second.
HOW TO BUY DIGIBYTE (DGB)
Since it runs on its own blockchain the best place to store your DigiBytes is its own original wallet. You can get one that suits your OS from their official website. After installing create your wallet and store the password and backup your wallet somewhere safe. Then request payment from the receive tab and then buy Bitcoin from Coinbase. The head over to Livecoin and exchange your BTC’s for DigiBytes and send it to your wallet using your wallet address.
DIGIBYTE (DGB) PRICE PREDICTION 2018
DigiByte’s lower value and its improvements over Bitcoin makes it a good one to invest heavily. The price as of 20-2-2018 is $0.04257. So for a 100$ investment, you will get back around 2349 DGB coins. The forecasts show a price increase over the long-term and in five years the value is expected to be $0.09049. The price today is $0.04288 and it has a market cap of $420,045,714. There are 9,867,315,820 DGB in supply and the traded volume sits at $6,343,540. DigiByte price prediction, DGB price forecast, DGB price and news, DigiByte price forecast, DGB price prediction 2018, What is the price of DigiByte 2018.