Digibyte Review - John McAfee Recommends
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DigiByte Trading Down 6.1% Over Last Week (CRYPTO:DGB)
DigiByte (CURRENCY:DGB) traded 5.1% higheragainst the US dollar during the 24-hour period ending at 12:00 PM ET on August 1st. One DigiByte coin can now be bought for approximately $0.0254 or 0.00000389 BTC on major exchanges including Bittrex,HitBTC,YoBit andOOOBTC. DigiByte has a total market capitalization of $272.27 million and approximately $19.30 million worth of DigiByte was traded on exchanges in the last 24 hours. Over the last seven days, DigiByte has traded down 6.1% against the US dollar.
Here is how related cryptocurrencies have performed over the last 24 hours:
Primecoin (XPM) traded up 2.6% against the dollar and now trades at $0.84 or 0.00012893 BTC.
Myriad (XMY) traded down 3.3% against the dollar and now trades at $0.0028 or 0.00000043 BTC.
Circuits of Value (COVAL) traded 2.9% higheragainst the dollar and now trades at $0.0025 or 0.00000038 BTC.
Quark (QRK) traded 36.5% loweragainst the dollar and now trades at $0.0038 or 0.00000059 BTC.
HunterCoin (HUC) traded 2.6% higheragainst the dollar and now trades at $0.0386 or 0.00000591 BTC.
Joincoin (J) traded 15.3% higheragainst the dollar and now trades at $0.0326 or 0.00000499 BTC.
BitQuark (BTQ) traded flat against the dollar and now trades at $0.0055 or 0.00000085 BTC.
is a proof-of-work (PoW) coin that uses the Multiple hashing algorithm. It launched on January 12th, 2014. DigiByte’s total supply is 10,702,664,536 coins. DigiByte’s official website is
and the currency’s Github account can be viewed
According to CryptoCompare, “Security: DigiByte uses five highly advanced cryptographic algorithms. Speed: DigiByte transaction notifications occur in 1-3 seconds, blocks are discovered every thirty seconds and transactions are fully confirmed every 3 minutes. Future planned upgrades will make these times even faster. Fees: Most DigiByte to DigiByte transactions are free or carry a very small network-mining fee to incentivize people to mine. Worldwide: DigiBytes are already stored, traded and transacted in over 89 countries. Decentralization: There is no need for a middleman or third party or central server. Re-Spend: Send DigiBytes you received to someone else in as little as three minutes. Finite Production: New DigiBytes are added to the network every thirty seconds through a process called mining as each new block (or grouping of transactions in a spreadsheet like format) is discovered by the network. Scarcity: 21 Billion DigiBytes will be created in 21 years. 1% Monthly New Minting Reduction: New DigiByte production decreases 1% every month. Mining: DigiByte mining is decentralized with five independent, highly secure mining algorithms. Adaptable, innovative & flexible: DigiByte is constantly adding new features & services to remain on the cutting edge of digital currency technology. Committed Development: DigiByte has been under constant Digibyte News Reddit , progressive development for over one year now with core development team members from all over the world. Millennial Acquisition Potential: DigiByte provides merchants, banks & other legacy institutions with a new means of acquiring & connecting with tech savvy millennial users. A Bright Future: DigiByte has many new & exciting projects underway to be released throughout 2015 to increase DigiByte utility and new user adoption across the globe. “
DigiByte can be traded on the following cryptocurrency exchanges:Cryptopia,Sistemkoin,Bitbns,cfinex,C-Patex,Kucoin,YoBit,CoinExchange,Crex24,Bittylicious,Upbit,Trade By Trade,Huobi,OOOBTC,Poloniex, Bittrex,Cryptohub,HitBTC,Graviex,BiteBTC,OKEx,CryptoBridge,LiteBit.eu,Bit-Z,Livecoin andTrade Satoshi.It is usually not presently possible to purchase alternative cryptocurrencies such as DigiByte directly using U.S. dollars. Investors seeking to acquire DigiByte should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or
. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase DigiByte using one of the exchanges listed above.
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