DigiByte is a global decentralized payment network and digital currency inspired by Bitcoin. DigiByte enables fast transactions with little or no fees. No login, registration or hidden fees are required, users receive DigiBytes from any DigiByte address in the world or send DigiBytes within seconds. DigiByte uses P2P technology and has no central authority; the network collectively manages transactions and issues DigiBytes. DigiByte is also open source, its design is public participation, no one can own or control DigiByte, everyone can participate.

DigiByte Project Features

1. Security: DigiByte uses five highly advanced encryption algorithms.
2. Speed: DigiByte transaction notification occurs within 1-3 seconds, every 30 seconds is discovered, and a transaction is completed every 3 minutes. Future planned upgrades will make these times faster.
3. Fees: Most DigiByte to DigiByte transactions are free, or offer very small network mining fees to incentivize people to mine.
4. Global: DigiBytes has been stored, traded and exchanged in 89 countries.
5. Decentralization: No need for middlemen or third parties or central servers.
6. Re-spending: It only takes three minutes to send the DigiBytes you received to others.
7. Finite Production: Every new block (or grouping of transactions in a spreadsheet, like a format) is discovered by the network, adding new DigiBytes to the network every thirty seconds.
8. Scarcity: 2.1 billion DigiBytes will be created in 21 years.
9. 1% reduction in new coinage per month: new DigiByte output decreases by 1% per month.
10. Mining: DigiByte Mining adopts five independent and highly secure mining algorithms for decentralization.

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