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updated $0Market cap$65.01M
Volume 24h$3.71M
Circulating supply18.42B88% of max 21B
All-time high$0.18-98% from peak · 2021-04-30
DigiByte (ticker DGB) is a proof-of-work blockchain launched in 2014 as a faster, more secure alternative to Bitcoin. Think of it as a payments-focused network where transactions confirm in seconds rather than minutes, and the coin supply is capped at 21 billion. It's fully mineable, meaning new coins are created by miners rather than issued by a company or pre-mined for insiders.
Frequently asked questions
What is DigiByte and how is it different from Bitcoin?
DigiByte is an open-source, mineable cryptocurrency built for fast and cheap payments. Compared to Bitcoin, it uses much shorter block times — around 15 seconds versus roughly 10 minutes — so transactions confirm far quicker. Its maximum supply is also 100 times larger, at 21 billion coins.
How does DigiByte's consensus mechanism work?
DigiByte runs on proof-of-work, where miners compete to validate blocks and secure the network. What makes it unusual is that it supports five different mining algorithms at once, which spreads hashing power across more hardware types and makes the chain harder to attack. This multi-algorithm setup is one of the project's signature design choices.
How is the supply of DGB issued?
New DGB coins are created solely through mining rewards — there was no pre-mine or ICO. The total supply is hard-capped at 21 billion coins, and like Bitcoin, block rewards gradually decrease over time. Once the cap is reached, no new coins will be minted.
How can you store and use DigiByte?
DGB can be stored in the official DigiByte wallets (available for desktop and mobile) or in any wallet that supports the coin. You can send it peer-to-peer anywhere in the world with low fees, and it's also accepted by some merchants and services. As a mineable coin, you can also earn it by contributing hashing power to the network.