SafeTrade Welcomes DigiByte

SafeTrade Welcomes DigiByte

Launched in January 2014 by Jared Tate, DigiByte is an established cryptocurrency that was initially based on Bitcoin. The coin is secure and allows fast transactions with low fees.

DigiByte is now available on SafeTrade under the ticker symbol DGB (DGB/BTC & DGB/SAFE).

The Versatile Cryptocurrency

DigiByte boasts 15 second blocks and has a total max supply of 21 billion. The blockchain allows cross chain transactions through Segregated Witness (SegWit) and it is one of the most secure block chains around because it is mined using five different algorithms.

At the moment, DigiByte offers 560 transactions per second. In contrast, PayPal has 130 TPS, Western Union has 30, and Bitcoin has 4 to 7. By 2020 they hope to match Visa’s 2,000 transactions per second limit.

DigiByte

DigiByte is well respected throughout cryptocurrency.

DigiByte allows CPU miners, GPU miners, and ASIC miners, to mine their coin. There are few cryptocurrency projects that support all types of miners.

The mining algorithms are Sha256, Scrypt, Groestl, Skein and Qubit. Each algorithm gets 20% of the block reward.

DigiByte Algorithms

DigiBye splits the block reward evenly between the each of its mining algorithms.

Welcome DigiByte

With low fees, fast trasactions, and listings on multiple cryptocurrency exchanges, it is easy to see what DigiByte has been a top 100 coin for so long.

We are proud to welcome DigiByte to the SafeCoin and SafeTrade family.

Happy trading.

Kevin

About Kevin Muldoon

Kevin Muldoon is a cryptocurrency enthusiast who has been working online since 2000. He is known in the cryptocurrency world for his YouTube channel "Kev's Crypto Channel".
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