Launched in the first half of 2014, DigiByte is an open-source blockchain that is the fastest, safest, longest, and most decentralized UTXO blockchain in today’s market. DigiByte is a truly open, volunteer-based, and a global community-driven project that has been chiefly funded through an ICO and pre-mined coins. It is not regulated by a single head and is much more than a digital currency. DigiByte is an innovative blockchain that has the capability of being utilized as a digital asset, smart contracts, dApps with secure authentication.
DigiByte’s blockchain has three layers that form the main basis of network infrastructure, security, and communications. DigiByte’s security is attributed to 5 cryptographic algorithms and real-time difficulty adjustments. DigiByte is 40 times faster than bitcoin and charges a negligible fee for transactions. It is mineable with manageable units and easy-to-use. DigiByte aims to create a truly permissionless global network with multiple blockchain firsts like DigiShield guard, MultiAlgo mining, SegWit implementation, Odocrypt algorithm, Dandelion++ privacy protocol, DigiAssets, and Digi-ID.
According to recent DigiByte news, Liechtenstein Blockchain Innovator LCX has partnered with DigiByte Foundation to leverage each other’s legal and technology infrastructure for taking the DigiByte ecosystem to the next level. DigiByte crypto token $DGB will also be listed on the LCX Exchange. At the same time, DigiByte’s blockchain will be integrated into the LCX ecosystem to run the blockchain nodes and also incorporate the wallet support. Thus, LCX will help DigiByte bridge the gap between itself and the corporate enterprise world.
As per digibyte price prediction, $DGB is currently priced at $0.095 and has a market cap of $1.3 billion. According to the Coin Switch price prediction, $DGB’s price can reach $0.21 by 2023, and by 2025 it can even cross the value of $0.5. At the same time, Coin Liker suggests DGB’s price to reach up to $3.50 in five years. Similarly, forecasts from Digital Coin Price suggest that DGB might approach $0.11 by 2025.