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Wolfcoin token supply and blockchain information

Supply & Price Information
Market cap : $159,198,534
Circulating supply : 16,715,041,113 DGB
Total supply : 16,715,041,113 DGB
Fully diluted market cap : $199,928,987
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IMPORTANT FAQ

Wolfcoin token fandamental Important question

DigiByte (DGB) is an open source blockchain and asset creation platform. Development began in October 2013 and the genesis block of its DGB token was mined in January 2014 as a fork of Bitcoin (BTC).A longstanding public blockchain and cryptocurrency, DigiByte uses five different algorithms to improve security, and originally aimed to improve on the Bitcoin blockchain’s security, capacity and transaction speed.

DigiByte is a modification of Bitcoin which aims to diversify security, speed and capacity possibilities.Its first incarnation was as an open source blockchain and associated cryptocurrency, DGB. The network has five separate algorithms which help to maintain security and help prevent ASIC miners from commandeering too much power.Later, another offering, DigiAssets, appeared, with DGB as its native token. DigiAssets appeals to those developers looking to launch digital assets, decentralized applications (DApps) and encode the necessary corresponding smart contracts.

Difficulty adjustments ensure resilience against hostile moves within mining circles, with DigiByte claiming to have the most advanced such difficulty setup among cryptocurrencies.With roughly one block every 15 seconds, DigiByte’s blockchain has managed to prove the longevity of its PoW blockchain since launch, now having a much longer chain of PoW than, for example, Bitcoin.

DGB is a freely-tradable altcoin and is available on multiple exchanges. Trading pairs are available for cryptocurrencies, stablecoins and fiat currencies.Bilaxy, Binance, Sistemkoin and OKEx had the lion’s share of volume for DGB trading pairs as of September 2020.

DigiByte (DGB) is a proof-of-work (PoW) cryptocurrency, and miners earn tokens for validating blocks via block rewards.In January 2014, 0.5% of the total DGB supply (105 million coins) was premined. 50% of the premine was reserved for development purposes, while the remainder was given away.DGB has a hard supply cap of 21 billion tokens, with mining forming an emission curve with decreasing issuance — the block reward reduces by 1% each month.DigiByte has stated that it purposely did not try to raise funds or give away tokens through instruments such as an initial coin offering (ICO) or similar token sale.