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#digibyte DigiByte (DGB) is a decentralized UTXO blockchain launched in January 2014. The project is built on the code of Litecoin but has some modifications.

In February 2014, the project introduced DigiShield, a real-time difficulty adjustment mechanism that helps stabilize block time despite exponential changes in mining hash power.

DGB has a maximum supply of 21 billion, expected to be fully mined by 2035. 0.5% of the total DGB supply was pre-mined and allocated to early community members. The network has a block time of 15 seconds and is mined using the SHA256d (for BTC miners), Skein, Qubit, Odocrypt (FPGA), and Scrypt (for LTC miners) consensus algorithms.

The Odocrypt consensus algorithm was developed by the DigiByte team and automatically adjusts every 10 days to prevent ASIC dominance. The algorithm was implemented in July 2019.

DigiByte is one of the first decentralized networks to implement Segregated Witness (SegWit), a first-layer solution that modifies the structure of transaction blocks and improves the overall scalability of the network. DigiByte also enables the deployment of smart contracts by activating OP_codes.