– What kind of virtual currency is this?
DigiByte is a decentralised, open-source cryptocurrency and payment network launched in January 2014 as a fork of Bitcoin. It’s a public, decentralized blockchain that is up to 40x faster than Bitcoin.
– What is this virtual currency primarily used for?
Although DigiByte is based on Bitcoin, adjustments in the code allow for improved functionality, including 15-second block time and improved security. Integration of DigiByte into several MMORPGs (massively multiplayer online role playing games) and inclusion into gaming developer houses such as Nintendo means that DigiByte could soon be used by players to actually earn real digital currency as they play in real time. Salient Features of DigiByte: a) Security: Years of bolstering the backend infrastructure makes DigiByte a safe and secure transactional currency. b)Transparency: When you are opting for DigiByte, you are not alone. Many industries and applications, including the gaming houses have put their faith in this global ledger. c) Efficiency: The DigiByte blockchain offers superior speed, scalability and security to enhance efficiency as compared to other alternative currencies, making it one of the best options. (Source: https://icoinblog.com/digibyte-strong-alternative-bitcoin/ )
– When was this virtual currency first introduced?
DigiByte: January 20th, 2014.
– What is this virtual currency’s most recent market cap?
DigiByte: $478,506,725 USD (Source: https://coinmarketcap.com/currencies/digibyte/ )
– What is the history of this virtual currency?
DigiByte (DGB) is a decentralised, open-source cryptocurrency and payment network launched in January 2014 as a fork of Bitcoin. Compared to its parent, DigiByte uses five highly advanced cryptographic algorithms, it provides faster transaction times with full confirmations every 3 minutes, and it can handle up to 140 transactions per second. The project plans to supply a total of 21 billion coins over 21 years. (Source: http://cryptocoin.cc/table.php?cryptocoin=digibyte )