DigiByte is an open source blockchain created in 2013 and released in early 2014 by DigiByte founder Jared Tate. Its network is based on three levels: smart contracts, decentralized applications (DApps) and custom tokens. At the middle level, the public ledger, are the digital assets of DigiByte in the network, and at the third and lower levels are the decentralized nodes, client software and their communication. A unique factor of DigiByte is its five mining algorithms – Sha256, Scrypt, Skein, Qubit and Odocrypt, whose advanced complexity setting is designed to ensure blockchain security and protection against malicious attacks. DigiByte has its own block explorer, DigiExplorer. DigiByte was the first major altcoin to activate Segwit in April 2017.
In May 2019, DigiByte launched DigiAsses, which is a scalable second-tier solution on top of the DigiByte blockchain, which offers decentralized asset issuance, smart contracts, digital identification and other features.
DigiByte Core Wallet
Preparing to Install Blockchain Blocks DigiByte (DGB)
- Make sure that there is enough free space on your hard drive, it takes about 5-10 GB;
- Download DigiByte Core:
- Download the archive with the DigiByte blockchain (DGB)
Import Blockchain Blocks DigiByte (DGB)
After the files have loaded, we can start importing DigiByte (DGB) blocks, for this:
- Create a folder where we will place the blocks, for example, “DigiByte (DGB)”;
- We dig into it an archive with blocks;
- Next, in the same folder, run – “DigiByte.exe”
- The “DigiByte Core” window will open, select our just created folder “DigiByte (DGB)” and click “Next”, after which the assembly of the blockchain database and synchronization with the DigiByte (DGB) network will begin;
- Done! Now you can use DigiByte (DGB) wallet!