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DigiByteCoin
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Utility based blockchain. $
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#DigiShield is an advanced difficulty adjustment algorithm that ensures fair mining and protects the network from malicious attacks. It achieves this protection by recalculating block difficulty between each block, allowing for a faster correction when a multi-pool begins or ceases contributing to #DigiByte rather than recalculating once every 2 weeks as is the case with Bitcoin. The DigiShield code has been adopted by other blockchains, such as Ethereum, Zcash, Dogecoin, and many others
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#DigiShield is an advanced difficulty adjustment algorithm that ensures fair mining and protects the network from malicious attacks. It achieves this protection by recalculating block difficulty between each block, allowing for a faster correction when a multi-pool begins or ceases contributing to #DigiByte rather than recalculating once every 2 weeks as is the case with Bitcoin. The DigiShield code has been adopted by other blockchains, such as Ethereum, Zcash, Dogecoin, and many others
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#DigiShield is an advanced difficulty adjustment algorithm that ensures fair mining and protects the network from malicious attacks. It achieves this protection by recalculating block difficulty between each block, allowing for a faster correction when a multi-pool begins or ceases contributing to #DigiByte rather than recalculating once every 2 weeks as is the case with @Bitcoin. The DigiShield code has been adopted by other blockchains, such as Ethereum, Zcash, Dogecoin, and many others
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#DigiByte utilizes a unique multi-algorithm mining system to ensure enhanced security and decentralization. Mining is also highly distributed which makes $DGB one the most decentralized, pure PoW blockchains in the world. Unlike X16R, MultiAlgo implementation is not a selection of hashing algorithms in a pseudo-random manner, but rather each of the five algorithms actively compete against each other to mine 20% of all blocks. This also further encourages the immediate processing of all transactions due to other hardware vendors and types being used across all algorithms. The five algorithms supported are SHA256, Scrypt, Odocrypt, Skein, and Qubit.
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