Summary
This prediction ended on 22.05.23 with a price of €0.007. Massive losses of -35.40% were the result for the BUY prediction by melinda. melinda has 50% into this predictionDigiByte is a decentralized digital currency that utilizes a public ledger to keep track of transactions. It was created in 2013 by Jared Tate with the aim of providing a faster, more secure, and more decentralized alternative to Bitcoin.
DigiByte uses multiple mining algorithms to increase security and ensure fair distribution of rewards among miners. The network is also designed to prevent the centralization of mining power, which is a common issue in other cryptocurrencies.
The main applications of DigiByte include:
1. Payments - DigiByte can be used to send and receive payments globally, quickly, and with low fees compared to traditional payment methods.
2. Secure communications - DigiByte's blockchain can be used to securely transmit messages and data, making it a potential alternative to centralized messaging and data storage systems.
3. Decentralized applications (dApps) - DigiByte's blockchain can be used as a platform for the development of decentralized applications, such as smart contracts and decentralized exchanges.
4. Gaming - DigiByte has a gaming platform called DigiAssets that allows developers to create and trade in-game assets and currencies.
5. Security - DigiByte's blockchain can be used to enhance the security of other systems, such as internet of things (IoT) devices, by providing a tamper-proof record of transactions and events.
Overall, DigiByte aims to provide a faster, more secure, and more decentralized alternative to traditional payment methods and other blockchain-based systems.
Performance without dividends (%)
| Name | 1w | 1m | 1y |
|---|---|---|---|
| DigiByte | -7.143% | -7.143% | -10.959% |
| iShares Core DAX® | -1.377% | -1.442% | 10.458% |
| iShares Nasdaq 100 | 0.827% | -5.117% | 22.834% |
| iShares Nikkei 225® | 0.198% | -0.851% | 7.804% |
| iShares S&P 500 | 1.364% | -0.887% | 22.672% |
Comments by melinda for this prediction
In the thread DigiByte diskutieren
In the thread Trading DigiByte