DigiByte (DGB) is a decentralized blockchain and cryptocurrency which enables super-fast payments while providing data shielding for transactions on the blockchain. DigiByte has various platforms built onto its blockchain, which each carry out specific functions. DiguSign is a smart contract platform for the blockchain, while DigiByteGaming, DigiByteTip, DigiByte Market and DigiHash all carry out various blockchain services.
DigiByte began in 2014 under the stewardship of Jared Tate, founder of the project. Tate began working on ways to improve Bitcoin in 2013, and came up with this platform. DigiByte Blockchain Network is the company behind the project, and is based in Austin, Texas.
DigiByte coins (DGB) are unique in that they can be mined using five different algorithms. Qubit, Skein, Groestl, Scrypt and SHA256 can all be used to mine DigiByte, providing a good range of choice between GPU and ASIC based mining techniques. Many of Digibyte’s services are used by other crypto services due to their universality.