100% uptime since 2014. Definitely not dead for all those th | DigiByteCoin on Binance Square

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100% uptime since 2014. Definitely not dead for all those that keep asking. 😂 $DGB

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#DigiByte being a #UTXO asset means it uses the Unspent Transaction Output (UTXO) model for its blockchain transactions, similar to Bitcoin. A UTXO is the amount of cryptocurrency left over after a transaction is executed, representing the "unspent" output that can be used as input for future transactions. Think of it like cash change you receive after a purchase, which you can spend later. How It Works in $DGB Each transaction in DigiByte consumes one or more UTXOs (inputs) and creates new UTXOs (outputs). The blockchain tracks all unspent outputs, ensuring that only valid, unspent funds are used in transactions. This model ensures transparency and prevents double-spending, as every DigiByte transaction references specific UTXOs. Implications for DigiByte Security: The UTXO model is robust and widely tested, making DigiByte's transactions secure and verifiable. Scalability: DigiByte's UTXO-based system supports faster transaction processing and is optimized for its multi-algorithm mining approach. Decentralization: Like Bitcoin, DigiByte's UTXO model aligns with a decentralized ledger, avoiding reliance on account balances like some other blockchains (e.g., Ethereum's account-based model). In short, DigiByte's UTXO model means it operates like a digital cash system, where transactions are tracked as discrete, unspent outputs, enhancing security, scalability, and decentralization.

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#DigiByte being a #UTXO asset means it uses the Unspent Transaction Output (UTXO) model for its blockchain transactions, similar to Bitcoin. A UTXO is the amount of cryptocurrency left over after a transaction is executed, representing the "unspent" output that can be used as input for future transactions. Think of it like cash change you receive after a purchase, which you can spend later. How It Works in $DGB: Each transaction in DigiByte consumes one or more UTXOs (inputs) and creates new UTXOs (outputs). The blockchain tracks all unspent outputs, ensuring that only valid, unspent funds are used in transactions. This model ensures transparency and prevents double-spending, as every DigiByte transaction references specific UTXOs. Implications for DigiByte: Security: The UTXO model is robust and widely tested, making DigiByte's transactions secure and verifiable. Scalability: DigiByte's UTXO-based system supports faster transaction processing and is optimized for its multi-algorithm mining approach. Decentralization: Like Bitcoin, DigiByte's UTXO model aligns with a decentralized ledger, avoiding reliance on account balances like some other blockchains (e.g., Ethereum's account-based model). In short, DigiByte's UTXO model means it operates like a digital cash system, where transactions are tracked as discrete, unspent outputs, enhancing security, scalability, and decentralization.

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🚨 BREAKING: DigiDollar Implementation Spec PUBLISHED! 🚨 The complete technical blueprint for a truly decentralized $1 USD stablecoin on @DigiByteCoin is LIVE on GitHub! No banks. No companies. Just code. 📖https://github.com/orgs/DigiByte-Core/discussions/324 Thread 👇

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🚨 BREAKING: DigiDollar Implementation Spec PUBLISHED! 🚨 The complete technical blueprint for a truly decentralized $1 USD stablecoin on @DigiByteCoin is LIVE on GitHub! No banks. No companies. Just code. 📖 http://github.com/DigiByte-Core/DigiDollar_Spec Thread 👇

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🚨 BREAKING: DigiDollar Implementation Spec PUBLISHED! 🚨 The complete technical blueprint for a truly decentralized $1 USD stablecoin on @DigiByteCoin is LIVE on GitHub! No banks. No companies. Just code. 📖 http://github.com/DigiByte-Core/DigiDollar_Spec Thread 👇

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