Skip to content

Commit

Permalink
Updated README
Browse files Browse the repository at this point in the history
Updated circulating supply, updated current block reward, added details of Odocrypt HF and removed stale/outdated information
  • Loading branch information
ycagel committed May 9, 2021
1 parent afeea3f commit a8c0d21
Showing 1 changed file with 5 additions and 13 deletions.
18 changes: 5 additions & 13 deletions README.md
Original file line number Diff line number Diff line change
Expand Up @@ -21,9 +21,9 @@ You can find more over at <https://github.com/digibyte-core/digibyte>

## What is DigiByte?

DigiByte (DGB) is a rapidly growing decentralized, global blockchain that was founded in early 2014 with a focus on cyber security, payments & secure communications technologies.
DigiByte (DGB) is a highly secure, decentralized, distributed and time-tested global blockchain that was founded in early 2014 with a focus on cyber security, payments & secure communications technologies.

For more information, as well as an immediately useable, binary version of the DigiByte Core software, see <https://digibyte.io>
For more information, as well as an immediately useable, binary version of the DigiByte Core software, see <https://digibyte.org>

## DigiByte FAQ

Expand All @@ -37,11 +37,11 @@ For more information, as well as an immediately useable, binary version of the D

**Max Total Supply**: 21 Billion DigiBytes in 21 Years (2035)

**Current Supply**: 11,692,747,373 DGB (April 2019)
**Current Supply**: 14,293,304,147 DGB (May 2021)

**Block Reward Reduction**: 1% Monthly

**Current Block Reward**: 688 DGB (April 2019)
**Current Block Reward**: 520 DGB (May 2021)

**Mining Algorithms**: Five individual: SHA256, Scrypt, Odocrypt, Skein & Qubit

Expand All @@ -53,7 +53,7 @@ For more information, as well as an immediately useable, binary version of the D

**SegWit Support**: Yes. First major altcoin to successfully activate Segwit. (April 2017)

**Hardforks**: 4. DigiShield, MultiAlgo, MultiShield, DigiSpeed
**Hardforks**: 5. DigiShield, MultiAlgo, MultiShield, DigiSpeed, Odocrypt

**Softforks**: 3. SegWit, CSV, NVersionBits

Expand Down Expand Up @@ -89,21 +89,13 @@ You can mine DigiByte on one of five separate mining algorithms. Each algo avera
- DigiByte can handle many more transactions per second.
- Bitcoin can only handle 3-4 transactions per second.
- DigiByte currently can handle 560+ transactions per second.
- The 2015 DigiSpeed hardfork introduced changes that double the capacity of the network every two years.

**Total Supply**:

- More DigiBytes, lower price, more micro transactions, better price stability.
- 21 billion DigiBytes will be created over 21 years.
- Only 21 million Bitcoin will be created over 140 years.
- 1000:1 ratio. 1000 DigiByte for every Bitcoin.

**Flexibility**:

- Ability to quickly add new features.
- DigiByte can add new features & upgrades much quicker than Bitcoin.
- Future DigiByte upgrades will push transaction limit to several hundred thousand per second.

**Marketability & Usability**:

- DigiByte is an easy brand to market to consumers.
Expand Down

0 comments on commit a8c0d21

Please sign in to comment.