DigiByte

DigiByte is a Layer 1 proof-of-work blockchain launched on January 10, 2014, designed to serve as a fast, decentralized platform for digital currency transactions, digital assets, smart contracts, decentralized applications, and secure authentication. It positions itself as a community-driven alternative to slower blockchains, claiming superior speed, security, and decentralization without a central company or initial coin offering behind it. The intended audience ranges from individuals wanting quick, low-cost transfers to developers building decentralized applications.

DigiByte reaches consensus through five simultaneous cryptographic mining algorithms, an approach intended to prevent any single type of mining hardware from dominating the network and to resist centralization of hash power. One of those algorithms, Odocrypt, modifies itself every ten days specifically to resist application-specific integrated circuit miners. The DGB token is the native currency used to pay for transactions on the network, and with approximately 88.19 percent of its 21,000,000,000 maximum supply already in circulation, the emission schedule is well advanced.

The data stored for DigiByte does not include a protocol fee stream — there is no recorded revenue, fee collection, or treasury allocation in the information available on this site. Miners who validate blocks receive newly issued DGB as block rewards; that issuance is the primary economic incentive for network security rather than fee income redistributed by a protocol. With 99.99 percent of the circulating supply already issued against the maximum and a remaining dilution overhang of just 0.00669 percent at the current point in time, future issuance is nearly exhausted. Because there is no fee revenue captured in the data, fee-based valuation measures that this site might apply to other assets are not meaningful here.