Fact #74 The Name

The Name "DigiByte" was originally chose as it signifies a "Digital Byte" of data. This is because blockchain technology such as DigiByte can be used for so much more than as a "coin" such as silver or gold. DigiByte is incredibly multi-purpose.

March 20, 2021
Fact #4 Premine

DigiByte has only 0.5% pre-mined coins. These were given away to community members within the first 30 days. Details can be seen on BitcoinTalk. This was to incentivize full node downloads and to distribute the blockchain. None of the pre-mine was retained by the founder or developers. 

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March 20, 2021
Fact #3 Launch

DigiByte was fairly launched in 2014, long before the 2017 ICO craze of whitepaper projects. DigiByte launched with a fully working blockchain that has been improved upon consistently ever since. 

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March 20, 2021
Fact #2 Network upgrades

DigiByte has upgraded the network a number of times include „Improvement milestones“. These forks were not splits that generated additional coins, but rather a „reorientation of the ship“ that everyone was onboard with. 

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March 20, 2021
Fact #1 Blockchain length

DigiByte is the longest UTXO blockchain with over 10 million blocks. That is going to take Bitcoin until after the next century to reach that many blocks. 

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ABOUT

DigiFacts.org is a collection of facts about the DigiByte Blockchain. This website is made voluntarily and free of charge by abteilung83 | starbase11 as a member of the global DigiByte Community. DigiFacts shall help newcomers with their research about blockchain technology and crypto-world, especially with the DigiByte Blockchain. 

See the DigiByte.io, the DigiByte Foundation and the Awareness Team for further information. 

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