DigiByte wallet

Secure your (DGB) assets

Secure your DigiByte assets with the most trusted hardware wallet. Cold storage wallets are typically encrypted devices that store users' DigiByte assets offline, providing a layer of security against the evolving threats emerging from being connected to the Internet.

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Discover our wallets How to manage DigiByte with Ledger devices

Secure your DigiByte (DGB)

Secure multiple assets, including DigiByte, using a Ledger Hardware Wallet.
Your private keys, giving access to your assets, remain safe in a certified secure chip.

Ledger Nano S

Ledger Nano S

Protect your DigiByte assets with the first and only
independently-certified DigiByte wallet on the market.

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Ledger Nano X

Ledger Nano X

The Ledger Nano X is a Bluetooth® enabled secure and
CES award winning device that protect your DigiByte assets.

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How to manage your DigiByte (DGB)

Ledger Live

Directly manage your DigiByte with Ledger Live, our own desktop and mobile application. Check your balance in real-time, send and receive your DigiByte and 1000+ other assets directly from Ledger Live.

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Praised by our community

Bertil A.

In order to secure cryptocurrencies, Ledger is the perfect tool.

James P.

ALL is good, all legal resources bought was as specified and compliant, party on.

De J.

Always works, easy to use, I feel my tokens are secured properly.

Edward M.

I bought 2 they arrived extremely fast with DHL great service.

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What is DigiByte (DGB)

DigiByte is an open-source cryptocurrency launched in 2014 by Jared Tate and a small team of developers. DigiByte is a fork of the Bitcoin protocol and changes some of the core components of Bitcoin to achieve faster transaction processing and a unique mining framework.

digibyte-plain

DigiByte (DGB) features

The goal of the network focuses on facilitating secure payments and communications technologies. Similar to Bitcoin, DigiByte uses a proof-of-work (PoW) consensus design and UTXO transaction scheme. However, DigiByte deploys five rotating mining algorithms compared to Bitcoin’s single SHA-256 algorithm. Block times within DigiByte are also only 15 seconds, compared to 10 minutes in Bitcoin.

DigiByte’s community has kept pace with several innovative developments in the broader cryptocurrency ecosystem, including the pending implementation of Dandelion -- a network-layer privacy improvement also used in Grin and BEAM -- and the already in place SegWit, the transaction malleability and dynamic block change in Bitcoin.

Mining and Blockchain Design

DigiByte underwent four separate hard forks in the early years of its existence, primarily to optimize the mining system. All of the following hard forks below occurred between 2014 and 2015. The four hard forks and their general upgrades include:

1. DigiShield
2. MultiAlgo
3. MultiShield
4. DigiSpeed

DigiShield recalculates the mining difficulty between each block, which was designed to mitigate low difficulty mining across ‘multi-pools’ of miners.

MultiAlgo added the multi-algorithm mining of DigiByte designed to accommodate the various forms of mining including GPU, CPU, and specialized hardware such as ASICs. The goal is that by using more mining algorithms, more users are capable of mining on the network, increasing decentralization. The original single mining algorithm on DigiByte was Scrypt but now includes SHA-256, Qubit, Groestl, and Skein.

MultiShield activated DigiShield across all five of the mining algorithms in December 2014.

DigiSpeed reduced the block times by 50 percent -- to 15 seconds -- and also doubles the block size every two years. Currently, DigitByte can process roughly 560 transactions per second, which is set to increase every two years but will come at the expense of more cumbersome block storage for smaller nodes in the network.

Other unique mining developments to DigiByte include Odocrypt, a GPU-friendly mining algorithm design to be anti-ASIC, and is currently in testing. Odocrypt will replace the Groestl mining algorithm.

Outside of its mining arrangement, DigiByte’s blockchain includes a layered structure of the core protocol, digital asset/public ledger layer, and the application layer on top. Applications created on DigiByte include Digi-ID, an encrypted authentication tool for the web, and DiguSign -- a tool for embedding PDF documents in the DigiByte blockchain.

Monetary Policy and Future Direction

DigiByte has a capped supply of 21 billion DGB, which will be reached in 2035. The supply of DGB follows a continuously decreasing emission curve, and a 0.5 percent pre-mine was allocated to the initial project developers. There are currently just under 12 billion DGB in circulation.

The Odocrypt mining algorithm is set to replace the Myr-Groestl mining algorithm at a block height of 9,100,000, and the upgrade will also include enhancements for the Dandelion++ privacy protocol.

All full nodes are encouraged to upgrade their software and the DigiByte founder, Jared Tate, provides a comprehensive overview of the significant changes coming to the DigiByte blockchain with the v7.17.2 Odocrypt Algo Fork.

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