DigiByte price

in TRY
₺0.39030
+₺0.0073033 (+1.90%)
TRYTRY
Market cap
₺6.95B #152
Circulating supply
17.79B / 21B
All-time high
₺7.4272
24h volume
₺180.38M
3.6 / 5

About DigiByte

Proof of Work
CertiK
Last audit: --

DigiByte’s price performance

3 months
-8.22%
₺0.42525
30 days
+24.31%
₺0.31396
7 days
+11.17%
₺0.35108
Today
+1.90%
₺0.38300

DigiByte on socials

Sweep
Sweep
$PENGU OUTPERFORMING
390.62K
455
DigiByte
DigiByte
#DigiByte Hashrate by Algo. Working perfectly. 🔥
5.86K
124
DigiByte
DigiByte
17.8 billion #DigiByte in circulating supply. Only 15.2% left. 👀
4.84K
194

Guides

Find out how to buy DigiByte
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Predict DigiByte’s prices
How much will DigiByte be worth over the next few years? Check out the community's thoughts and make your predictions.
View DigiByte’s price history
Track your DigiByte’s price history to monitor your holdings’ performance over time. You can easily view the open and close values, highs, lows, and trading volume using the table below.
Easily buy and sell DigiByte with your TRY

DigiByte FAQ

DigiByte is an open-source, decentralized blockchain platform that operates on the Unspent Transaction Output (UTXO) model to enhance privacy and security. The project introduces various improvements to the Bitcoin codebase, including faster block creation time, increased scalability, and enhanced transaction speed. It also utilizes a unique combination of five different Proof of Work (PoW) algorithms to ensure decentralization and robust network security. The native token of the DigiByte ecosystem is called DGB, which can be used for digital transactions, as a store of value, and for participating in the DigiByte network.

DigiByte offers several advantages. Firstly, DigiByte has a fast block creation time of just 15 seconds, allowing for quick transaction confirmations and a more efficient user experience. Secondly, the platform utilizes multiple PoW algorithms, providing increased security against potential attacks and ensuring a more decentralized network. Additionally, DigiByte has a large supply of tokens, with a total cap of 21 billion, making it suitable for microtransactions and providing ample liquidity within the ecosystem.

Easily buy DGB tokens on the OKX TR cryptocurrency platform. Available trading pairs in the OKX TR spot trading terminal include DGB/USDT.

You can also swap your existing cryptocurrencies, including XRP (XRP), Cardano (ADA), Solana (SOL), and Chainlink (LINK), for DGB with zero fees and no price slippage by using OKX TR Convert.

Currently, one DigiByte is worth ₺0.39030. For answers and insight into DigiByte's price action, you're in the right place. Explore the latest DigiByte charts and trade responsibly with OKX TR.
Cryptocurrencies, such as DigiByte, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX TR and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as DigiByte have been created as well.
Check out our DigiByte price prediction page to forecast future prices and determine your price targets.

Dive deeper into DigiByte

DigiByte (DGB) is a decentralized blockchain that operates on the Unspent Transaction Output (UTXO) model. This model, also adopted by Bitcoin (BTC), offers enhanced privacy and security by making transaction history tracking more complex. DigiByte supports various features such as smart contracts, decentralized applications (dApps), and secure authentication, making it a versatile platform for a range of blockchain-based applications.

What is DigiByte 

DigiByte is an open-source blockchain ecosystem that was established in 2013. Its native token, DGB, was mined for the first time in early 2014. DigiByte is inspired by Bitcoin’s technology and draws inspiration from its features. To ensure the security and integrity of the network, DigiByte utilizes five distinct variations of the Proof of Work (PoW) algorithm. These variations include the SHA-256 algorithm, which is also used by Bitcoin, as well as Qubit, Scrypt, Odocrypt, and Skein.

The DigiByte team

DigiByte is a community-driven project with a global network of volunteers and contributors. It encompasses various entities, including the DigiByte Awareness team, the DigiByte Foundation, and the DigiByte Alliance. The project was originally conceived and developed by Jared Tate, also known as the "DigiMan." 

How does DigiByte work

DigiByte operates on a multi-algorithm mining approach to ensure decentralization and enhance security. This approach mitigates the risks of centralization and potential security threats. Additionally, DigiByte offers fast payment processing capabilities with its 15-second block creation time, providing quicker transaction confirmations compared to Bitcoin's 10-minute blocks. 

DigiAssets, a Layer 2 solution, enables the creation and tokenization of digital assets on the DigiByte network. This L2 platform also supports smart contracts, allowing for the creation and implementation of programmable logic for asset creation, transfer, and other use cases.

Another notable innovation within the DigiByte ecosystem is Digi-ID. Digi-ID is a privacy-oriented authentication protocol that serves as a single form of identification across various Internet of Things (IoT) devices, websites, and applications. 

DigiByte’s native token: DGB

Beyond being a medium of exchange, DGB tokens also have additional functions within the ecosystem – DGB tokens are awarded to miners and can be used for issuing and managing digital assets on the DigiAssets protocol layer. 

DGB tokenomics and distribution

DGB tokens have a fixed supply of 21 billion, with approximately 78 percent currently in circulation. Out of the total supply, only 0.5 percent (105 million DGB tokens) was pre-mined, with 50 percent of that reserved for ecosystem development. The majority of the total supply, more than 99 percent, is allocated as miner rewards.

DigiByte follows a deflationary token issuance model, where block rewards decrease by 1 percent each month. This gradual reduction in the rate of token issuance over time helps ensure a controlled and sustainable supply growth for DGB tokens.

The future of DigiByte

The future of DigiByte looks promising with its increasing acceptance among merchants, thanks to partnerships like UTrust. The recent extension of DigiByte token support to the Guarda Wallet as loan collateral further validates its popularity and utility. 

Additionally, the development of a DigiByte wallet is underway, spearheaded by RenzoDGB, an ecosystem developer. These developments indicate a growing ecosystem and highlight DigiByte's commitment to providing users with improved accessibility and functionality in the future.

Disclaimer

The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX TR does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX TR. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice.

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Market cap
₺6.95B #152
Circulating supply
17.79B / 21B
All-time high
₺7.4272
24h volume
₺180.38M
3.6 / 5
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