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 payments, digital assets, smart contracts, decentralized applications, and secure authentication. It positions itself as a community-driven alternative to older blockchains, aiming at anyone who wants on-chain transactions without relying on a central company or pre-funded foundation. The project was never funded through an initial coin offering and has no corporate controlling entity.

DigiByte uses five simultaneous cryptographic mining algorithms, including one called Odocrypt that regenerates every ten days to resist dedicated mining hardware, and applies real-time difficulty adjustment across all five algorithms to balance security and decentralization. Blocks are produced at a target rate that results in very short intervals, and the native token DGB is used to pay transaction fees and is issued as a mining reward to those who secure the network. The chain is a UTXO-based blockchain, meaning it tracks balances in a manner structurally similar to Bitcoin rather than using an account model.

The data stored here does not include a protocol fee revenue figure for DigiByte, so no fee-based yield or revenue metrics can be reported. Miners receive newly issued DGB as block rewards; with 88.01 percent of the 21,000,000,000 maximum supply already circulating at the point-in-time snapshot, the remaining issuance available is modest. The dilution overhang stands at 0.010848 percent and supply pending at 0.011119 percent at the time of this snapshot, indicating that nearly all coins that will ever exist are already in circulation. Because no protocol fee stream is captured in this data, measures such as price-to-fees ratios that this site calculates for other assets are not applicable here.