What Digibyte is built to do
Digibyte (DGB) is a proof-of-work Layer-1 blockchain, currently ranked 275th by market capitalization among the assets we track. Digibyte is a base-layer proof-of-work blockchain: it runs its own network, settles its own transactions, and pays miners in DGB to keep the ledger honest. There is no parent chain underneath it.
DigiByte (DGB) is a decentralized blockchain platform that enables fast, secure, and scalable digital transactions, designed for both consumers and businesses. It utilizes multiple algorithms to enhance security and efficiency in its mining process.
How the network stays secure
Because blocks are produced by mining, the cost of attacking Digibyte scales with the hardware and energy securing it. The heavier the mining base, the harder the chain is to reorganize.
Under the hood, DGB secures its ledger with Proof of Work, built on the Multiple algorithm.
Background & fundamentals
Digibyte first went live in 2014, giving it roughly 12 years of on-chain price history to draw on. Governance is structured as Decentralized, so no single company controls issuance or protocol changes. Digibyte lists a documented core team of 1, so the people behind the project are at least named on the record.
Its codebase is open-source, meaning the implementation can be audited rather than taken on trust. CoinPaprika classifies the project's development status as "Working product". In sector terms it is most often filed under Cryptocurrency, Payments, and Sha256.
Where Digibyte sits in the market
Trading around $0.00237300, Digibyte carries a market capitalization of $43.33M. Around $6.10M changes hands across exchanges in a typical 24-hour window. That is a turnover of about 14.09% of the float — elevated, often a sign of narrative-driven trading.
About 87% of the hard cap of 21B DGB has been minted, leaving only modest issuance ahead. DGB remains -99% beneath its all-time high of $0.1812, the kind of gap that historically takes a full cycle or a fresh catalyst to close.
What the price history shows
The tape currently reads 24-hour -4.67%, 7-day -7.77%, 30-day -14.57%, 1-year -64.06%. Across roughly the last 365 days of daily candles, DGB endured a peak-to-trough drawdown of about 70% before stabilizing.
Volatility profile
Recent action puts Digibyte in the High-volatility band — it has been actively trading, with daily moves that would be unusual in traditional equities. Over the last 30 days the move totals -14.57%, a useful input for stop placement and position sizing.
How to read Digibyte as a proof-of-work asset
A grounded read on DGB comes down to three questions:
- Security budget — whether mining rewards plus fees are enough to keep hash power — and therefore attack cost — high.
- Issuance schedule — how new DGB enters circulation and when emissions taper. Disinflation is a core part of the bull case for PoW coins.
- Settlement demand — whether the chain is actually used to move value, since fee revenue eventually has to carry security as block subsidies shrink.
This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.
