Rudy Bouwman recently expressed, DGB is not a short term hype. Slowly but surely, steady and sustainable: that’s Digibyte growth. Underpromise, Over Deliver.
Those who want to follow DigiByte closely should check in to the DigiByte & Friends episode where there is a lot of talks happening on several topics like cleaning up the industry so mass adoption can occur, iOS TestFlight which fixes the fiat-values and lot more.
The need to trade, sell, and purchase using blockchain technology had Jared Tate launch the Digibyte platform in early 2014.
The smooth functioning of the Digibyte system is made possible by the complex set of programming functionality made possible by their protocol. The design of the Digibyte blockchain by itself is made in a way to provide the network with the required security and continual communication required for high speed performance and efficiency.
The network is established in layers like the Applications, Core communications Protocol and Digital Asset. All the transactions that occur across the platform is recorded in the blocks. A series of transaction blocks create the blockchain.
For clarity, Genesis block is the first created block in the Digibyte Blockchain. The idea of the Genesis block came in to being in 2014. The transaction size in Digibyte is limited in range and quantity. The consistency of the transaction size improves product efficiency and therefore contributes to the processing speed and overall security.
The applications layer is the first point of interaction for the end users. The applications layer has its access made available in the app store. There are different types of DAPPS, which users will be able to access through the app store. The app store will also have a range of centralized apps.
The content on the network is stored in more than 200,000 servers, nodes, and computer systems in the network. The mining process is facilitated by the cryptographic algorithms, which in turn guarantee security for the Digibyte users. The platform thus boasts of heightened security for their users.
DigiShield is yet another security measure used by Digibyte to provide for the security guarantee of the users. To deal with cyber-attacks Digishield and Multishield are combined together. Therefore, the double shield provides the security on all the personal and transactional data of the Digibyte user.
The blocks on Digibyte are built in speeds of 15 seconds and therefore are able to provide for quick transaction times. Thus, DGB serves to be the fastest of the UTXO blockchains which are available in the market. Thus, it is 40 times faster than the competitors. Any input or transaction which is not recorded in the UTXO is invalid.
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