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DigiByte—Forward Thinking Blockchain Technology

DigiByte—Forward Thinking Blockchain Technology


By Christopher Paul Thompson

Copyright © 2022 by Christopher Paul Thompson

All rights reserved

Book authored by Christopher Paul Thompson

Book designed by C. Ellis

No part of this book may be reproduced in any written, electronic,


recording, or photocopying without written permission from the publisher
or author. The expectation would be in the case of quotations embodied
in the critical articles or reviews, images and pages where permission is
specifically granted from other parties.

Although every precaution has been taken to verify the accuracy of


the information contained herein, the author and publisher assume no
responsibility for any errors or omissions. No liability is assumed for
damages that may result from the use of information contained within.

ISBN: 9798439284047

II
2014-2015-2016-2017-2018-2019-2020-2021
A CONCISE DIGIBYTE HISTORY BOOK

CHRISTOPHER PAUL THOMPSON


DigiByte—Forward Thinking Blockchain Technology

CONTENTS

What is DigiByte? ……………………………… 6-7


Past Milestones (2014-2015) …………………… 8
Past Milestones (2015-2016) …………………… 9
Past Milestones (2016-2017) …………………… 10
Past Milestones (2017-2018) …………………… 11
Past Milestones (2018-2019) …………………… 12
Past Milestones (2019) …………………… 13
Past Milestones (2019-2020) …………………… 14
Past Milestones (2020-2021) …………………… 15
DigiByte Awareness Team …………………… 16
DigiByte Foundation ……………………………… 17
Nelworks Changeangels Manga …………………… 18
Nelworks Tobias Christmas Special ………… 19

1. DigiByte Blockchain Launched …………………… 20-29


(2013/2014 DGB History)
2. DigiSpeed Activation (Fourth Hardfork) ……….. 30-39
(2015 DGB History)
3. Jared Tate Attended Several Conferences ……….. 40-49
(2016 DGB History)
4. DigiByte Rebranded & Reinvigorated ……….. 50-59
(2017 DGB History)
5. DGBAT, Digi-ID & Further Development ……….. 60-69
(2018 DGB History)
6. Odocrypt Activation (Algo Fork Upgrade) ……….. 70-79
(2019 DGB History)
7. DigiByte Foundation Incorporation ……….. 80-89
(2020 DGB History)
8. Seventh Year Anniversary & Beyond ……….. 90-99
(2021 DGB History)

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DigiByte—Forward Thinking Blockchain Technology

INTRODUCTION
DIGIBYTE
SPECIFICATION
WHAT IS DIGIBYTE?
Ticker Symbol:
DGB

Currency Symbol:
Ɗ (Unicode: U+018A) In late 2012, there were only a handful of active blockchains including
Bitcoin, Litecoin, Namecoin, DevCoin, Terracoin and Peercoin. Jared Tate,
Launch Date:
10/01/2014 the founder of the DigiByte blockchain, had already discovered Bitcoin and
was mining BTC with his gaming computer as GPU mining hardware. He
Genesis Block Hash:
“USA Today: 10/Jan/2014, also began to analyse the Bitcoin Core code protocol to investigate ways to
Target: Data stolen from up improve it. He discovered Bitcoin has fundamental flaws countering
to 110M customers” decentralisation, efficiency, scalability and security.
Blockchain Type:
Following 14 months of analysis and code development, in November
Public, Decentralised, UTXO,
Proof of Work, MultiAlgo 2013, Jared Tate began to lay the foundations for DigiByte in his garage in
Idaho, USA. The first prototype of the DigiByte blockchain code protocol
DigiByte Founder:
Jared C Tate was created in a matter of weeks.

Hashing Algorithms: When the initial code had been tested, DigiByte was officially announced
SHA-256 to the cryptocurrency community on Bitcointalk (a popular cryptocurrency
Scrypt
forum actively used until 2017/18) on 10th January 2014. The DGB
Qubit
Skein Genesis Block was subsequently mined on the same day as the first block
Odocrypt of millions yet to be mined (with the message "USA Today: 10/Jan/2014,
Consensus Mechanism: Target: Data stolen from up to 110M customers" recorded into the genesis
Proof of Work (PoW) block hash. DigiByte was based on the Bitcoin Core codebase and initially
Maximum Coin Supply: utilised just the Scrypt hashing algorithm to secure the network.
21,000,000,000 DGB
DigiByte was originally described as just a decentralised cryptocurrency for
1,000,000,000 DGB Mined By: transferring wealth peer-to-peer without relying on a central authority
18/04/2014
such as a bank. One of the first official descriptions of DigiByte was:
5,250,000,000 DGB Mined By:
29/10/2015 “DigiByte (DGB) is a rapidly growing worldwide professional
decentralized payment network. The DigiByte Development team holds
10,500,000,000 DGB Mined By:
offices in USA and Hong Kong, with community developers spanned
09/07/2018
globally. DigiByte allows you to move money more securely over the internet
14,000,000,000 DGB Mined By: similar to PayPal and Western Union, but with many improvements,
03/02/2021 including lightning fast transactions with minimal or no fees. Users send
and receive DigiBytes to or from any DigiByte address in the world in a
DGB Block Time:
matter of seconds, with no required sign up, registration, or hidden fees.”
15 seconds

DGB Block Reward: The DigiByte blockchain is used for much more than just a cryptocurrency
475.35716304 DGB (Dec 2021) for quickly and easily transferring wealth. It has grown over the years to
Block Reward Reduction: become a ‘battle-hardened’ open-source, decentralised blockchain used to
1% monthly reduction securely authenticate data and identities (Digi-ID) and to allow for the
(every 175,200 blocks) issuance of digital tokens (DigiAssets) representing real-world tangible
Difficulty Re-target Time: assets. The current official description of DigiByte is:
Every Block
“DigiByte is a rapidly growing open-source blockchain
Block Emission Schedule: created in late 2013 and released in early 2014. After 8 years of forward
Fully mined by 2035 thinking development, DigiByte has become one of the safest, fastest,
longest and most decentralized UTXO blockchain in existence.”

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DigiByte—Forward Thinking Blockchain Technology

INTRODUCTION WHY USE DIGIBYTE?


WHAT IS DIGIBYTE? There are different ways in
which decentralised networks
are more favourable than
centralised systems. The
DigiByte blockchain is secured
DigiByte is enthusiastically promoted as the world’s safest, fastest, longest by mining nodes that compete
and most decentralised UTXO (unspent transaction output) proof of work to find future blocks. What
follows are some benefits for
(PoW) blockchain. It is regularly described using the following words:
using the DigiByte blockchain
to transfer value across
• Decentralised: a copy of the DigiByte blockchain is stored on many
borders around the world:
nodes across the world. This peer-to-peer network of nodes, or
The DigiByte blockchain can
distributed ledger, verifies the integrity of transactions without
be used on a global scale
relying on intermediaries. Transactions cannot be changed or without external permission
deleted (immutability). There is no single point of failure. being granted to the user

• Open-source: developers are free to view, modify, criticise and No third parties need
to be trusted to verify
distribute the code relating to DigiByte Core, DigiByte mobile and so
DGB transactions
on. Software is developed in a collaborative public manner on
No malicious actors can falsify
official Github repository channels.
or remove DGB transactions
• Secure: 5 hashing algorithms (SHA-256, Scrypt, Odocrypt, Qubit and It usually takes a couple
Skein) are currently used to secure the DigiByte blockchain helping of seconds to transact DGB
to mitigate malicious mining centralisation. The real-time difficulty peer-to-peer from wallet to
wallet (first confirmation
re-targeting algorithm known as DigiShield protects against occurs in ~15 seconds)
multi-pools that mine large numbers of DigiByte at a low difficulty.
DGB transactions
• Efficient: DigiByte blocks are mined, on average, every 15 seconds are irreversible
equating to 40x faster than Bitcoin and 10x faster than Litecoin. It costs less than a fraction
SegWit activation increased the DigiByte blockchain carrying of a penny (negligible fees)
capacity to 1,066 transactions per second with negligible fees. to send DGB

There is no central
• Forward Thinking: people contributing to DigiByte have discussed point of failure
and implemented innovative improvements to the code.
It is free from government
Besides the technology, DigiByte would be nothing without people actively censorship and third
party interference
building or using it. The DigiByte community as a whole continues to grow
and contribute to the project in a myriad of different ways.

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DigiByte—Forward Thinking Blockchain Technology

INTRODUCTION
PAST MILESTONES

2014
10/01/2014 —DigiByte announced on the Bitcointalk Forum
10/01/2014 —DigiByte Genesis Block was mined at 21:13:14 UTC
10/01/2014 —Xtrapool was created as the first DigiByte mining pool
12/01/2014 —Official DigiByte subreddit was created
12/01/2014 —DigiByte Core version 1 wallet client released
12/01/2014 —DigiByte blockchain publicly launched at 19:00 UTC
17/01/2014 —Cryptokopen was the first exchange to add support of DGB
19/01/2014 —DGB/BTC trading pair activated on Coin Market
21/01/2014 —First DigiByte Android wallet application released
06/02/2014 —DigiByte was added to CoinMarketCap
12/02/2014 —DGB/BTC trading pair activated on Mintpal
23/02/2014 —DigiByte Core version 2.0.0 (DigiShield) released
28/02/2014 —DigiShield hardfork activated at block number 67,200
14/03/2014 —DGB/BTC trading pair activated on Cryptsy
21/03/2014 —Official DigiByte Twitter account surpassed 1,000 followers
28/03/2014 —DigiByte Core version 2.9 released
09/04/2014 —Jared Tate spoke at ‘CryptoCurrency Convention 2014’
18/04/2014 —DGB mined to date surpassed 1,000,000,000
30/04/2014 —DigiByte Core version 2.9.1 released
31/05/2014 —Jared Tate announced future switch to multiple algorithms
16/07/2014 —Multiple algorithm public testing began
14/08/2014 —DigiByte Core version 3.0.0 (MultiAlgo) released
16/08/2014 —DigiByte Core version 3.0.1 (MultiAlgo) released
20/08/2014 —DGB/BTC trading pair activated on Bittrex
01/09/2014 —MultiAlgo hardfork activated at block number 144,999
05/09/2014 —Cryptocurrency broker LiteBit added support for DGB
20/09/2014 —DigiByte team attended BTC Expo in Shanghai, China
11/10/2014 —DGB mined to date surpassed 2,000,000,000
14/10/2014 —DGB/XRP trading pair activated on Cryptsy
19/11/2014 —MultiShield hardfork proposed to the community
27/11/2014 —DigiByte Core version 3.0.3 (MultiShield) released
04/12/2014 —DGB mined to date surpassed 3,000,000,000
10/12/2014 —MultiShield hardfork activated at block number 400,000
10/12/2014 —DGB/BTC trading pair activated on Cryptopia
20/12/2014 —All time low DGB fiat price ever recorded at US$0.0000203

2015
10/01/2015 —DigiByte blockchain first year anniversary
14/01/2015 —2015 low DGB fiat price recorded at US$0.00003087

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DigiByte—Forward Thinking Blockchain Technology

INTRODUCTION
PAST MILESTONES

2015
16/01/2015 —DigiHash Easy Miner v1.0 beta software released
21/01/2015 —DGBWallet.com v1.0 beta software released
23/01/2015 —First ever DigiByte iOS wallet application released
31/01/2015 —DigiByteTip v1.0 platform released
09/02/2015 —DGB/BTC trading pair activated on Poloniex
20/02/2015 —ShapeShift exchange service added support for DigiByte
11/03/2015 —Promotional video titled ‘What is DigiByte?’ released
26/03/2015 —DigiByte Core version 4.0.0 (DigiSpeed) introduced
16/05/2015 —Official DigiByte Bitcointalk thread surpassed 1,000 pages
09/06/2015 —Coinomi wallet service added support for DigiByte
12/06/2015 —DigiByte Gaming wallet added to the Google Play Store
07/07/2015 —Block number 1,000,000 was mined at 19:08:26 UTC
20/07/2015 —First episode of the ‘DigiReport’ with host Jared Tate
08/09/2015 —DigiByte Gaming platform was launched
14/10/2015 —First time DGB market cap surpassed US$1,000,000
15/10/2015 —2015 high DGB fiat price recorded at US$0.0010320
29/10/2015 —Quarter of all DGB already mined
25/11/2015 —DigiByte Core version 4.0.0 (DigiSpeed) released
04/12/2015 —DigiSpeed hardfork activated at block number 1,430,000
05/12/2015 —DigiByte First Year paperback book published on Amazon
09/12/2015 —DigiByte Core version 4.0.3 released for Windows & Linux
17/12/2015 —DigiByte Core version 4.0.3 released for Mac OS X

2016
10/01/2016 —DigiByte blockchain second year anniversary
15/01/2016 —Cryptsy DGB trading ceased without prior notice
17/01/2016 —Jared Tate interviewed on ‘DogeCoinDark Radio’
13/02/2016 —DigiByte Telegram Chat Bot was launched
04/03/2016 —Blockchain and Bitcoin Africa Conference in South Africa
12/03/2016 —Block number 2,000,000 was mined at 04:28:52 UTC
13/03/2016 —First official DigiByte Telegram chat group created
16/03/2016 —Game Developers Conference 2016 in San Francisco, USA
17/03/2016 —Counter-Strike: Global Offensive added to DigiByte Gaming
27/03/2016 —2016 high DGB fiat price recorded at US$0.0007658
30/03/2016 —FinDEVr 2016 conference event in New York, USA
19/04/2016 —LA Games Conference in Los Angeles, California, USA
26/04/2016 —Collision 2016 Conference in New Orleans, Louisiana, USA
11/05/2016 —Finovate Conference in San Jose, California, USA
18/05/2016 —DigiByteTip was taken offline

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DigiByte—Forward Thinking Blockchain Technology

INTRODUCTION
PAST MILESTONES

2016
13/06/2016 —Microsoft Biz Spark+ US$120,000 free hosting received
03/07/2016 —DGB block reward went below 1,000
17/08/2016 —War of Warcraft added to DigiByte Gaming
31/08/2016 —Block number 3,000,000 was mined at 18:22:59 UTC

2017
10/01/2017 —DigiByte blockchain third year anniversary
19/02/2017 —Block number 4,000,000 was mined at 23:45:39 UTC
10/03/2017 —2017 low DGB fiat price recorded at US$0.0001993
17/03/2017 —First SegWit DGB test block mined at 14:27:11 UTC
08/04/2017 —DigiByte Core version 6.14.1 (DigiSync) released
09/04/2017 —DigiByte Core version 6.14.2 (DigiSync) released
21/04/2017 —The DigiByte blockchain “locked_in” SegWit
28/04/2017 —DigiSync softfork successfully activated at 16:21:28 UTC
28/04/2017 —SegWit activated on the DigiByte blockchain
05/05/2017 —First time DGB market cap surpassed US$10,000,000
10/05/2017 —SegWit activated on the Litecoin blockchain
16/05/2017 —First time DGB market cap surpassed US$50,000,000
20/05/2017 —DGB fiat price surpassed U$0.01 for the first time
20/05/2017 —First time DGB market cap surpassed US$100,000,000
23/05/2017 —DigiByte Gaming platform closed down
02/06/2017 —DGB Bitcoin Satoshi price surpassed 1,000 for the first time
03/06/2017 —DGB fiat price surpassed U$0.05 for the first time
03/06/2017 —All time high DGB Bitcoin Satoshi price recorded
08/06/2017 —First time DGB market cap surpassed US$500,000,000
09/06/2017 —‘Citi Tech 4 Integrity Challenge’ occurred in Singapore
14/06/2017 —DigiByte Telegram Alerts channel created
11/08/2017 —Block number 5,000,000 was mined at 08:59:26 UTC
24/08/2017 —SegWit activated on the Bitcoin blockchain
29/08/2017 —The DigiByte blockchain officially rebranded
27/09/2017 —DGB/INR trading pair activated on BuyUcoin
01/10/2017 —Revamped official DigiByte website at www.digibyte.io
04/10/2017 —DGB/BTC trading pair activated on HitBTC
04/10/2017 —DGB/ETH trading pair activated on HitBTC
04/10/2017 —DGB/USDT trading pair activated on HitBTC
24/10/2017 —DGB/BTC trading pair activated on Upbit
24/10/2017 —DGB/ETH trading pair activated on Upbit
29/10/2017 —Texas Bitcoin Conference 2017 occurred in Austin, Texas
06/11/2017 —DGB/BTC trading pair activated on KuCoin

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DigiByte—Forward Thinking Blockchain Technology

INTRODUCTION
PAST MILESTONES

2017
11/11/2017 —DGB/ETH trading pair activated on KuCoin
17/11/2017 —Initial DigiByte Foundation website went live
30/11/2017 —Ledger added support for DigiByte
01/12/2017 —Changelly added support for DigiByte
23/12/2017 —2017 high DGB fiat price recorded at US$0.090332
25/12/2017 —DGB/BTC trading pair activated on OKEx

2018
02/01/2018 —DGB/BTC trading pair activated on Crex24
04/01/2018 —First time DGB market cap surpassed US$1,000,000,000
07/01/2018 —2018 high DGB fiat price recorded at US$0.142889
08/01/2018 —Vertbase was officially registered in the United States
10/01/2018 —DigiByte blockchain fourth year anniversary
10/01/2018 —DigiByte iOS wallet app approved for open beta testing
16/01/2018 —Trezor added support for DigiByte
24/01/2018 —Josiah Spackman DigiByte YouTube channel created
30/01/2018 —Block number 6,000,000 was mined at 22:27:51 UTC
05/02/2018 —DigiByte merchandise line went live at AlwaysHODL Shop
20/02/2018 —DigiByte Core version 6.16.1 (beta) released
27/02/2018 —Crypto Bantam Clothing online shop launched
09/03/2018 —Initial Venezuela relief donation drive began
13/03/2018 —’DigiByte Mobile Design Contest’ began
20/03/2018 —DGB mined to date surpassed 10,000,000,000
26/03/2018 —DigiByte Core version 6.16.2 released
05/04/2018 —Abra added support for DigiByte
10/04/2018 —’DigiByte Mobile Design Contest’ ended
12/04/2018 —Exodus added support for DigiByte
19/04/2018 —Josiah Spackman demonstrated Digi-ID beta pre-release
26/04/2018 —DigiByteWhite Marketing created
11/05/2018 —Digi-ID was officially launched with documentation
18/05/2018 —DigiByte Awareness Team (DGBAT) was founded
24/05/2018 —’What is Digi-ID?’ video uploaded to YouTube
09/06/2018 —Guarda Wallet added support for DigiByte
27/06/2018 —Atomic Wallet added support for DigiByte
09/07/2018 —DigiByte Android wallet application version 2.0 released
09/07/2018 —DGB mined to date surpassed 10,500,000,000
10/07/2018 —DigiByte added to Blockfolio Signal
11/07/2018 —SWFT Blockchain added support for DigiByte
12/07/2018 —DGB/USDT trading pair activated on Cryptopia

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DigiByte—Forward Thinking Blockchain Technology

INTRODUCTION
PAST MILESTONES

2018
20/07/2018 —DGB/BTC trading pair activated on Huobi
20/07/2018 —DGB/ETH trading pair activated on Huobi
22/07/2018 —Block number 7,000,000 was mined at 06:11:04 UTC
25/07/2018 —Jaxx Liberty added support for DigiByte
26/07/2018 —DGB/USDT trading pair activated on Bittrex
01/08/2018 —DigiByte SPV iOS wallet application approved for release
06/08/2018 —DigiByte ‘Mega Developer Bounty for 2018’ initiated
09/08/2018 —DigiByte Core version 6.16.3 (beta) released
14/08/2018 —Edge Wallet added support for DigiByte
26/08/2018 —DigiByte Core version 6.16.4 released
20/09/2018 —DigiByte Core version 6.16.5 released
25/09/2018 —DigiByte Awareness Team website went live
15/10/2018 —DigiByte news feed went live on Delta Direct tracker app
26/10/2018 —J. Spackman YouTube channel surpassed 1,000 subscribers
27/10/2018 —Jared Tate spoke at Texas Bitcoin Conference 2018
28/10/2018 —First DigiAssets logo unveiled to the community
02/11/2018 —DGB/BTC trading pair activated on Bitfinex
02/11/2018 —DGB/USD trading pair activated on Bitfinex
02/11/2018 —DGB/TUSD trading pair activated on HitBTC
15/11/2018 —First DigiFacts series began
18/11/2018 —First official DigiByte meetup in London, UK occurred
10/12/2018 —Vertbase announced the future addition of DigiByte
14/12/2018 —Vertbase activated DGB buys and sells against USD
14/12/2018 —2018 low DGB fiat price recorded at US$0.007640
16/12/2018 —Travala began to accept DGB as a means of payment
24/12/2018 —First DigiFacts series ended
27/12/2018 —Freewallet added support for DigiByte

2019
03/01/2019 —Bitcoin blockchain tenth year anniversary
04/01/2019 —First DigiByte blockchain global summit announced
07/01/2019 —DGB/TRY trading pair activated on BitTurk
10/01/2019 —DigiByte blockchain fifth year anniversary
10/01/2019 —Block number 8,000,000 was mined at 21:29:39 UTC
14/01/2019 —Cryptopia cryptocurrency exchange hacked
17/01/2019 —DGB/USD trading pair activated on Bittrex
22/01/2019 —DGB/BTC trading pair activated on Probit
03/02/2019 —ChangeNOW ‘Know The Coin’ interviewed J. Spackman
23/02/2019 —Coinomi became first multi-chain wallet to add Digi-ID

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DigiByte—Forward Thinking Blockchain Technology

INTRODUCTION
PAST MILESTONES

2019
24/02/2019 —DigiByte Core version 6.17.2 (ReserveAlgo) released
01/03/2019 —Changeangel swap exchange went live after beta testing
08/03/2019 —DGB/EUR trading pair activated on Bitvavo
17/03/2019 —Digi-ID/AntumID Authenticator App released for Android
04/04/2019 —CoinFestUK 2019 three day event began in Manchester, UK
08/04/2019 —ReserveAlgo softfork “locked_in”
13/04/2019 —Augmented reality game called Aircoins added DigiByte
15/04/2019 —ReserveAlgo softfork activated
19/04/2019 —First DigiByte blockchain global summit in Amsterdam
19/04/2019 —First DigiAsset created called #DigiTorch by Jared Tate
19/04/2019 —Second DigiAsset created called #DigiFlame by Jared Tate
01/05/2019 —EUR & GBP fiat pairing options added to Vertbase
01/05/2019 —Digi-ID/AntumID Authenticator App released for iOS
03/05/2019 —DigiByte Core version 7.17.2 (Odocrypt Upgrade) released
18/05/2019 —DigiAssets AMA with Jared, Josiah, Rudy and Noah
28/05/2019 —DGB/KRW trading pair activated on Probit
30/05/2019 —2019 high DGB fiat price recorded at US$0.01682
19/06/2019 —Bitfi dashboard and wallet added support for DigiByte
30/06/2019 —SpendApp added support for DigiByte
02/07/2019 —Block number 9,000,000 was mined at 14:57:42 UTC
02/07/2019 —First Josiah Spackman ’DigiByte Update’ video published
09/07/2019 —DGB/USDT trading pair activated on Poloniex
14/07/2019 —Odocrypt hardfork “locked_in”
17/07/2019 —DigiByte added to Exodus mobile Android & iOS wallets
22/07/2019 —Odocrypt upgrade activated
23/07/2019 —DigiAssets activated on DigiByte Android wallet application
27/07/2019 —DGB/BTC trading pair activated on CoinEx
27/07/2019 —DGB/BCH trading pair activated on CoinEx
19/08/2019 —DGB/USDT trading pair activated on CoinEx
16/09/2019 —Uphold added support for DigiByte
24/09/2019 —First ‘DigiByte and Friends’ Episode uploaded to YouTube
01/10/2019 —Voyager added support for DigiByte
31/10/2019 —Blockchain 2035 eBook was published
01/11/2019 —Blockchain 2035 paperback book published on Amazon
01/11/2019 —Poloniex ceased trading for US based customers
13/11/2019 —SafePal added support for DigiByte
14/11/2019 —DigiByte Foundation upcoming incorporation announced
15/11/2019 —Trust Wallet added support for DigiByte
22/11/2019 —DGB/USDT trading pair activated on DigiFinex Global

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DigiByte—Forward Thinking Blockchain Technology

INTRODUCTION
PAST MILESTONES

2019
22/11/2019 —DGB/BTC trading pair activated on Pionex
25/11/2019 —DGB/BTC trading pair activated on VCC Exchange
25/11/2019 —DGB/USDT trading pair activated on VCC Exchange
05/12/2019 —Poloniex announced future DGB delisting
22/12/2019 —Block number 10,000,000 was mined at 19:22:01 UTC
30/12/2019 —Poloniex delisted DGB trading
31/12/2019 —2019 low DGB fiat price recorded at US$0.005129

2020
07/01/2020 —D’CENT added support for DigiByte
10/01/2020 —DigiByte blockchain sixth year anniversary
14/01/2020 —Jared Tate visited Washington, DC
30/01/2020 —Second DigiFacts series began
18/02/2020 —DigiByte Foundation partnered with Safe Haven
28/02/2020 —DigiByte Foundation officially registered as a legal entity
13/03/2020 —2020 low DGB fiat price recorded at US$0.002532
26/03/2020 —Revamped official DigiByte website went live
05/04/2020 —DGB mined to date surpassed 13,000,000,000
12/04/2020 —Second DigiFacts series ended
15/04/2020 —ProgPoW Implementation fundraiser began
25/04/2020 —ProgPoW Implementation fundraiser goal achieved
01/05/2020 —Vertbase rebranded to Sequoir
13/05/2020 —DGB/USDT trading pair activated on KuCoin
01/06/2020 —DigiByte iOS wallet public Testflight version 2.0 released
12/06/2020 —Block number 11,000,000 was mined at 15:36:07 UTC
16/06/2020 —AntumID Consortium launched
22/06/2020 —Binance opened DGB trading
30/06/2020 —Swipe added support for DigiByte
05/07/2020 —DigiByte Foundation partnered with ZelaaPayAE
14/07/2020 —DigiByte Foundation launched the DigiBee platform
20/07/2020 —DGB/USDT trading pair activated on Binance
23/07/2020 —DGB/ETH trading pair activated on Bittrex
03/08/2020 —Changeangel became a DGB Foundation Platinum Sponsor
15/08/2020 —2020 high DGB fiat price recorded at US$0.03783
20/08/2020 —DigiByte announced as a Ren Alliance Member
25/09/2020 —Klever added support for DigiByte
18/10/2020 —RandomX Implementation fundraiser began
21/10/2020 —DigiByte iOS wallet v2.0 (w/ DigiAssets support) released
22/10/2020 —RandomX Implementation fundraiser goal achieved

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DigiByte—Forward Thinking Blockchain Technology

INTRODUCTION
PAST MILESTONES

2020
01/11/2020 —Nigel Borreman joined the DGB Foundation Advisory Board
16/11/2020 —DigiByte integrated into RenVM multichain
19/11/2020 —First episode of ‘DigiByte Comm Talk’ livestreamed
02/12/2020 —Block number 12,000,000 was mined at 22:23:08 UTC
22/12/2020 —Sydney Ifergan joined the DGB Foundation Advisory Board

2021
10/01/2021 —DigiByte blockchain seventh year anniversary
10/01/2021 —DigiByte seventh year anniversary livestream occurred
15/01/2021 —DigiSweep released
03/02/2021 —DGB mined to date surpassed 14,000,000,000
15/02/2021 —DigiByte documentary titled ‘DigiByte: Rising’ released
23/02/2021 —DGB/EUR trading pair activated on Bittrex
05/03/2021 —DigiByte Alliance registered in Wyoming, USA
18/03/2021 —New domain www.digibyte.org went live
21/03/2021 —DigiByte subreddit surpassed 30,000 subscribers
24/03/2021 —Jeremy Neren joined the DGB Foundation Advisory Board
08/04/2021 —DigiByte code development entered a new era
14/04/2021 —DigiByte Foundation partnered with LCX
29/04/2021 —DGB/INR trading pair activated on WazirX
01/05/2021 —2014-2021 high DGB fiat price recorded at US$0.1825
03/05/2021 —DigiByte Core version 7.17.3 upgrade released
12/05/2021 —Crypto.com application integrated support for DigiByte
18/05/2021 —DigiByte Foundation partnered with LockTrip
21/05/2021 —DGB/LCX trading pair activated on the LCX Exchange
22/05/2021 —DGB/EUR trading pair activated on the LCX Exchange
24/05/2021 —Block number 13,000,000 was mined at 19:12:45 UTC
19/06/2021 —Josiah Spackman’s 250th ‘DigiByte Update’ video
05/08/2021 —Josiah Spackman left the DigiByte community
28/10/2021 —DigiThree Labs announced to the community
05/11/2021 —DigiByte joined the UTXO Alliance with Komodo
11/11/2021 —DigiCorp Labs went live (official website launched)
13/11/2021 —Block number 14,000,000 was mined at 18:30:06 UTC
08/12/2021 —DigiByte Alliance formation announced
21/12/2021 —DGB/BTC trading pair activated on Bybit

15
DigiByte—Forward Thinking Blockchain Technology

WHAT WE DO INTRODUCTION
“DGBAT raises awareness of
DIGIBYTE AWARENESS TEAM
people about DigiByte.

We contribute to the DigiByte


blockchain in various ways
such as executing marketing
People have discovered DigiByte in different ways since it was announced
activities and outreach works,
creating educational materials, on Bitcointalk on 10th January 2014. The initial DigiByte team carried out
providing support guidance very little marketing during the first several years, choosing to focus more
and managing a fundraising of their time and effort on code development. Despite this, some
platform to support DigiByte
members of the community willingly marketed DigiByte to others either
related projects.”
inside or outside the blockchain technology space.
www.dgbat.org
In April 2018, DigiByte community member Dereck de Mézquita published
a Steemit article titled ‘DigiByte—A Community Driven Marketing Proposal’
detailing ways to increase DigiByte awareness. ‘DigiByteWhite Marketing’
was created as a community-led grassroots marketing campaign.

Discussions ensued on social media channels, Telegram and Twitter,


after which the ‘DigiByteWhite Marketing’ campaign evolved into the
community-driven DigiByte Awareness Team (DGBAT) in May 2018. It was
founded by Dereck de Mézquita, Bogdan Alexandru, Rudy Bouwman, Dean
Preston, @FrederikBf67 and Andrew @raceytherunner. The official
DigiByte Awareness Team ‘Who We Are’ statement reads:

“We are proud to have been part of the amazing DigiByte community
since May 2018 and believe that the transformative nature of the DigiByte
blockchain, when harnessed correctly by the right people, can contribute to
a better world. We are led by a 20+ member core group, who manage teams
across social media, outreach, education, developers and writers.”

The DigiByte Awareness Team securely and transparently receives DGB


donations for ongoing marketing activities and code development from the
community. Also, both Changeangel and Sequoir, as well as other
sponsors, generously donate to the DGBAT.

16
DigiByte—Forward Thinking Blockchain Technology

INTRODUCTION
DIGIBYTE FOUNDATION

As a way to help empower and mobilise the DigiByte community, a legal


entity (Stichting) was registered in The Netherlands. On 28th February
2020, the DigiByte Foundation was created as a non-profit, volunteer
managed organisation. The DigiByte Foundation Board Members are:

• Chair: Dr. Hans Koning

• Secretary & Vice-Chair: Rudy Bouwman

• Treasurer: Rutger Krijnen

The DigiByte Foundation Advisory Board members are:

• Communication Manager: Nigel Borreman

• Marketing Advisor: Sydney Ifergan

• E-commerce & Retail Expert: Jeremy Neren

There is an official website at https://digibytefoundation.io detailing more


information about the purpose and vision of the foundation. What follows
is the foundation’s mission statement or their ambition for today:

“To facilitate and support all of DigiByte’s community and be a


shining example for the blockchain community at large. By doing so, DigiByte
becomes a catalyst for creating decentralized solutions that can be applied in the
social, political and economic landscape. DigiByte will boost awareness and
adoption via the use of its secure, fast and forward thinking blockchain
technology, this will result in more widely accepted usage.”

The DigiByte Foundation has entered into partnerships, gained sponsors


and affiliates (see right).

17
DigiByte—Forward Thinking Blockchain Technology

NELWORKS CHANGEANGEL MANGA

18
DigiByte—Forward Thinking Blockchain Technology

NELWORKS TOBIAS CHRISTMAS SPECIAL

19
DigiByte—Forward Thinking Blockchain Technology

DigiByte Blockchain Launched 10 January 2014

First DigiByte Android Wallet Application Released 21 January 2014

DigiByte Added to CoinMarketCap 6 February 2014

DigiShield Hardfork Activated 28 February 2014

Jared Tate Spoke at a Convention in New York City 9 April 2014

Bittrex Exchange Added DGB Trading 20 August 2014

MultiAlgo Hardfork Occurred 1 September 2014

MultiShield Hardfork Occurred 10 December 2014

Cryptopia Exchange Added DGB Trading 10 December 2014

All Time Low DGB Fiat Price in History Recorded 20 December 2014

20
DigiByte Blockchain Launched

2013/14
DIGIBYTE BLOCKCHAIN
LAUNCHED

SUMMARY

In late 2012, Jared Tate (the founder of the DigiByte blockchain) began to
analyse the Bitcoin Core code to investigate ways he could improve it. He
discovered Bitcoin has fundamental flaws countering decentralisation,
efficiency and security. His efforts ultimately culminated in the conception
of DigiByte in November 2013. In his garage in Idaho, he began to lay the
foundations for DigiByte as an experimental blockchain. In a matter of
weeks, he created the first prototype of the DigiByte code protocol.

On 10th January 2014, DigiByte was announced to the cryptocurrency


community on Bitcointalk. An official thread was created titled
‘[PRE-LAUNCH] [DGB] DigiByte—A Professional Crypto Coming’ to inform
people of a new and improved blockchain. The DGB Genesis block was
mined later that same day.

Three DigiByte blockchain hardforks occurred during the year. DigiShield,


MultiAlgo and MultiShield all successfully activated to improve the
security, decentralisation and efficiency of DigiByte:

• On 28th February 2014, the DigiShield hardfork activated at block


number 67,200 (see page 23). The DigiByte developers helped to
implement DigiShield into the Dogecoin blockchain code protocol in
early March 2014 (see page 27).

• On 1st September 2014, the MultiAlgo hardfork activated at block


number 144,999 (see page 25).

• On 10th December 2014, the MultiShield hardfork activated at


block number 400,000 (see page 25).

21
DigiByte Blockchain Launched

DigiByte Blockchain Launched 10 January 2014

As shown below, the first DigiByte block (see left margin) was mined on
10th January 2014. The blockchain had launched, but it was impossible to
publicly mine DGB at this time. The following was immutably recorded
(Target is an American retail corporation) into the genesis block hash:

"USA Today: 10/Jan/2014, Target: Data stolen from up to 110M customers"

Around one hour later, block number one generated the first ever DGB
towards the pre-mine before the public launch. A decision had already
been made to distribute half of the 105 million DGB pre-mine during
several giveaways to encourage early adoption. The other half had been
designated for ongoing code development and other operational activities.

The DigiByte blockchain publicly launched for everyone to mine DGB at


block number 1,566 on 12th January 2014.

Block #0 (Reward 0 DGB) January 10th 2014 21:13:14 UTC

Block #1 (Reward 72,000 DGB) January 10th 2014 22:27:56 UTC

First DigiByte Android Wallet Application Released 21 January 2014

On 21st January 2014, the DigiByte Android wallet application became


available to download from official sources:

“Alright everyone, we have decided to release the Android Wallet


early outside of Google Play! Please report any bugs or issues you may
encounter! Thank you to xploited! Please enjoy!

Make sure to give us some feedback when you try the Android wallet out for the
first time! We have tested it on a few different phones, but once we know there is
no major issue we will make an announcement on all the social media platforms.”

Three days later, it became possible to download the DigiByte Android


wallet application from the Google Play Store.

A developer known by the alias xploited was praised for his amazing efforts
in developing the wallet application.

22
DigiByte Blockchain Launched

DigiByte Added to CoinMarketCap 6 February 2014


ACTIVE EXCHANGES IN
EARLY FEBRUARY 2014
On 6th February 2014, a price-tracking website called CoinMarketCap Atomic Trade
integrated DigiByte. It primarily ranks thousands of cryptocurrencies https://www.atomic-trade.com
(coins, tokens etc.) in descending order of market capitalisation. DigiByte BTC-e
was initially ranked at 44 out of 90. CoinMarketCap was founded by https://btc-e.com
Brandon Chez in May 2013 and is officially described as: Bter
https://bter.com
“CoinMarketCap is the world’s most referenced price-tracking
website for cryptoassets in the rapidly growing cryptocurrency space. Its Coined Up
mission is to make crypto discoverable and efficient globally by https://coinedup.com
empowering retail users with unbiased, high quality and accurate CoinEx
information for drawing their own informed conclusions.” https://www.coinex.pw

According to figures derived from CoinMarketCap, the initial DigiByte Coin Market
https://www.coinmarket.io
market capitalisation was recorded at approximately US$641,000 on 6th
February 2014. What follows is a table of recorded DGB fiat prices: CoinMKT
https://coinmkt.com
Open High Low Close Crypto Rush
(US$) (US$) (US$) (US$) https://www.cryptorush.io
6th February 2014 0.001489 0.001593 0.001201 0.001370 Crypto-Trade
7th February 2014 0.001378 0.001598 0.0008901 0.001182 https://www.crypto-trade.com

8th February 2014 0.001161 0.001269 0.0009705 0.001007 Cryptsy


https://www.cryptsy.com

MtGox
DigiShield Hardfork Activated 28 February 2014 https://www.mtgox.com

OpenEx
https://openex.pw
After successful block reduction and difficulty re-targeting or adjustment
testing rounds, DigiByte Core upgrade version 2.0.0 (tagged DigiShield) was
released on 23rd February 2014. Fifty different re-targeting algorithms had
been tested over a five day period to produce DigiShield. Wallet client
users, exchanges, mining pools and other third party services using the
DigiByte code protocol had to update before block number 67,200.

According to the official DigiByte https://dgbwiki.com Wikipedia website,


DigiShield is described as follows:

“Activated in February 2014, this hard fork allowed for the DigiByte
blockchain to protect against multi-pools that mine large numbers of DigiByte
at a low difficulty. It achieves this protection by recalculating block difficulty
between each block, allowing for a faster correction when a multi-pool On 28th February 2014, changes
begins or ceases contributing to DigiByte, rather than recalculating once to the DigiByte code protocol
every fortnight (2 weeks) as is the case with Bitcoin.” activated at block number
67,200 (see blocks to the left)
as expected. The DGB block
Block #67,199 (Reward 8,000 DGB) February 28th 2014 22:50:50 UTC reward reduced by 0.5% and
the difficulty re-targeting time
reduced from 144 minutes
(2.4 hours) to 60 seconds.
Block #67,200 (Reward 7,960 DGB) February 28th 2014 22:52:17 UTC

23
DigiByte Blockchain Launched

On 1st April 2014, the final


Jared Tate Spoke at a Convention in New York City 9 April 2014
version of the ‘DigiByte
Pop-Up Banner’ was unveiled
for use at conferences etc. As scheduled, the New York City CryptoCurrency Convention 2014 took
(approximate size 6 foot tall place at the Midtown Hilton on 9th April 2014. It was an event attended
by 34 inches wide). by many interested parties keen to learn how blockchain technology could
change everyday life and business practices.

Jared Tate elegantly spoke on stage about the scope and vision of the
DigiByte blockchain. His presentation lasted for about ten minutes and
then he gladly answered questions from the audience. Unlike most
blockchain founders, he had chosen to not conceal his identity. He saw the
merits of being open and transparent from the beginning.

CRYPTO EXCHANGES Bittrex Exchange Added DGB Trading 20 August 2014


WHICH ADDED DGB
TRADING IN 2014 Bittrex became the latest cryptocurrency exchange to open DGB trading on
CryptoKopen.eu (17/01/2014) 20th August 2014. A single trading pair market DGB/BTC went live without
Coin Market (19/01/2014) delay (initial DGB/BTC trading market URL shown below). On this day, the
Cryptorush.in (29/01/2014)
DGB fiat price was fluctuating around $0.0002 with trades occurring on
Coined Up (06/02/2014)
Mintpal (12/02/2014) Cryptsy, Mintpal and elsewhere.
Comkort (02/03/2014)
AllCrypt (04/03/2014)
Swisscex (14/03/2014)
Cryptsy (14/03/2014)
https://bittrex.com/Market/?MarketName=BTC-DGB (ACTIVE est. 20/08/2014)
AGX.io (15/03/2014)
https://bittrex.com/Market/?MarketName=ETH-DGB (ACTIVE est. 04/08/2017)
Cryptokk (20/03/2014)
https://bittrex.com/Market/?MarketName=USDT-DGB (ACTIVE est. 26/07/2018)
Litebit.eu (05/09/2014)
https://bittrex.com/Market/?MarketName=USD-DGB (ACTIVE est. 17/01/2019)
Lazycoins (11/08/2014)
https://bittrex.com/Market/?MarketName=EUR-DGB (ACTIVE est. 23/02/2021)
Bittrex (20/08/2014)
Cryptopia (10/12/2014)
Bittrex began operations in beta testing mode on 13th February 2014. On
28th February 2014, twelve cryptocurrencies, including Bitcoin and
Litecoin, went live and twenty one trading pairs were initially available. It
was founded by CEO Bill Shihara, Richie Lai and Rami Kawach.

Cryptocurrency traders have been able to use Bittrex for over eight years
to buy or sell many different coins, tokens and assets.

24
DigiByte Blockchain Launched

MultiAlgo Hardfork Occurred 1 September 2014 On 31st May 2014, a major


announcement was posted on
the official DigiByte Bitcointalk
In March 2014, the DigiByte developers were spending energy and time thread and elsewhere. Jared
researching other hashing algorithms. They were exploring the best Tate enthusiastically
announced the following via
solution to counter the future delivery of Scrypt ASIC miners that would
an uploaded YouTube video:
result in DGB mining becoming more concentrated into fewer hands (less
“It is my pleasure to
decentralisation).
announce that DigiByte will be
On 14th August 2014, the mandatory DigiByte Core wallet version 3.0.0 changing mining algorithm. We
have decided, in order to keep
(tagged MultiAlgo) was released for miners, exchanges and other third
in the spirit of Satoshi’s initial
party services to upgrade to before block number 144,999. Multi-algo dream, to implement a
mining was described as: multi-algorithm mining
approach. And why did we do
“Multi-algo mining means DigiByte distribution will be split and weighted this? Well, decentralization!”
equally among 5 different mining algorithms. Each algorithm will have its
own difficulty. This essentially puts SHA ASICs on an equal playing field The developers had decided
with GPUs, Scrypt ASICs and to a limited degree CPU miners.” to transition from Scrypt to a
multi-algorithm approach used
The switch to ’MultiAlgo’ was successful on 1st September 2014. The hard by another cryptocurrency
called Myriadcoin. Jared Tate
fork achieved the desired results with 30 second (reduced by half) block
applauded Myriadcoin for
times, improved security and more evenly distributed network hashrate. pioneering the technology
(uniquely altered to suit the
DigiByte blockchain).
Block #144,999 (Reward 7,685.54434862 DGB) September 1st 2014 18:32:36 UTC

MultiShield Hardfork Occurred 10 December 2014 DESCRIPTION OF DGB IN


LATE NOVEMBER 2014
On 27th November 2014, DigiByte Core qt wallet version 3.0.3 (tagged
“DigiByte is a rapidly growing
MultiShield) was released for Windows, Mac OS X and Linux/Ubuntu
worldwide professional
operating systems. The community was reminded to update before the decentralized payment
hardfork at block number 400,000 when changes would activate. network. The DigiByte
Development team holds
The DGB block reward substantially reduced by about 64% when block offices in USA and Hong Kong,
number 400,000 (see below) was timestamped on 10th December 2014. It with community developers
drastically cut the DGB inflation rate, but reverted to the initial goal to spanned globally. DigiByte
allows you to move money
mine 21 billion DGB in 21 years (by 2035).
more securely over the
Most importantly, the hardfork changed the DigiByte code protocol to internet similar to PayPal and
Western Union, but with many
activate the DigiShield mining difficulty re-targeting algorithm across all
improvements, including
five hashing algorithms. MultiShield was described as a great success. A lightning fast transactions
developer known by the alias MentalCollatz was applauded for his with minimal or no fees.”
monumental contribution to the code.

Block #399,999 (Reward 6,746.44108854 DGB) December 10th 2014 16:51:42 UTC

Block #400,000 (Reward 2,434.41 DGB) December 10th 2014 16:51:45 UTC

25
DigiByte Blockchain Launched

Cryptopia Exchange Added DGB Trading 10 December 2014

On 10th December 2014, the Cryptopia cryptocurrency exchange added


support for DigiByte by activating seven DGB trading market pairs (see
below). It was also a marketplace used to buy or sell goods.

https://cryptopia.co.nz/Exchange/?market=DGB_BTC (CLOSED)
https://cryptopia.co.nz/Exchange/?market=DGB_LTC (CLOSED)
https://cryptopia.co.nz/Exchange/?market=DGB_XMR (CLOSED)
https://cryptopia.co.nz/Exchange/?market=DGB_DOGE (CLOSED)
https://cryptopia.co.nz/Exchange/?market=DGB_UNO (CLOSED)
https://cryptopia.co.nz/Exchange/?market=DGB_FTC (CLOSED)
https://cryptopia.co.nz/Exchange/?market=DGB_DOT (CLOSED)

Cryptopia was a New Zealand based cryptocurrency exchange. It was


On 20th December 2014,
operational for just over four years. It suffered a major security breach
according to historical
data sourced from and held funds were stolen in January 2019. Registered users were able to
CoinMarketCap, the top 10 trade between hundreds of cryptocurrencies on the exchange.
cryptocurrencies were:

Bitcoin, BTC = US$329.96


US$4,496,946,322.63

XRP (Ripple), XRP = US$0.02421


US$747,547,153.77
All Time Low DGB Fiat Price in History Recorded 20 December 2014
PayCoin, XPY = US$11.61
US$142,725,356.43
On 20th December 2014, the 2014 low (and the lowest in history) DigiByte
Litecoin, LTC = US$2.92
US$101,992,343.99 market capitalisation was recorded at just below US$60,000 according to
the CoinMarketCap price-tracking website. It coincided with the lowest
BitShares, BTS = US$0.01581
US$39,493,323.07 ever DGB fiat price recorded at US$0.00002028 (see below).

Stellar, XLM = US$0.005813


Open High Low Close
US$20,647,604.24
(US$) (US$) (US$) (US$)
Dogecoin, DOGE = US$0.0002057
28th February 2014 0.0004781 0.0007252 0.0003688 0.0003931
US$19,942,223.31
20th December 2014 0.0000445 0.0000486 0.0000203 0.0000433
MaidSafeCoin, MAID = US$0.04364
US$19,750,480.90 31st December 2014 0.0000426 0.0000435 0.0000363 0.0000435

Nxt, NXT = US$0.01708


CoinMarketCap historical data showing the top ten cryptocurrencies on
US$17,075,027.11
20th December 2014 is shown in the left margin. The Ethereum blockchain
Peercoin, PPC = US$0.5779
had not been launched yet.
US$12,686,421.13

On the same day, DigiByte was


ranked 79 on CoinMarketCap
with a market capitalisation
of US$123,549.47 and
US$0.00004332 DGB fiat price

26
DigiByte Blockchain Launched

OTHER HISTORICAL EVENTS Following the successful


activation of DigiShield on
28th February 2014, other
• On 10th January 2014, the first DigiByte mining pool was setup by cryptocurrencies began to
pool administrator xtrapool at http://dgb.xtrapool.com/index.php show interest in the innovative
ready for public mining. code. The DigiByte developers
gladly contributed towards
• On 12th January 2014, the DigiByte Pre-mine (105 million DGB) had implementing it into Dogecoin
by giving advice and helping to
been fully mined (all given away by April 2014) and it then became
test the Dogecoin code.
possible for everyone to publicly mine DGB with Scrypt miners.
On 12th March 2014, Dogecoin
• On 12th January 2014, the official DigiByte subreddit was created wallet client version 1.6 was
at https://www.reddit.com/r/digibyte for the community. The released. Jack Palmer, who
co-founded Dogecoin, posted
number of Reddit users subscribed to it surpassed 35,000 in early
the following on the official
May 2021. It has remained active for over eight years. Dogecoin Github repository:

• On 13th January 2014, the first DigiByte blockchain block explorer “Note: This is a mandatory
went live at the http://altexplorer.net domain address. update as it involves a
hard fork of the network. Please
• On 17th January 2014, Cryptokopen became the first crypto make sure you are running
exchange service to allow users to buy or sell DGB with EUR without 1.6 to ensure that you’re on
the correct blockchain and
relying on OTC or trusted escrow services.
not at risk of losing your DOGE.
• On 25th January 2014, the slogan ‘You store data in megabytes and As per block 145k, the
gigabytes, why not send money in DigiBytes’ was initially posted. network will hard fork to
adopt a new difficulty
• On 5th February 2014, the final design of the official DigiByte retargeting algorithm.”
mascot (deprecated) was unveiled (see page 20).
As appreciation for helping
• On 14th March 2014, a DigiByte paper wallet generator launched Dogecoin, the Dogecoin
community began an initiative
at http://digiaddress.org thanks to developer xploited. It allowed to drive DigiByte to the top
people to generate and print paper wallets to store DGB offline. of the Cryptsy voting list of
potential coin additions. It
• On 21st March 2014, the official DigiByte Twitter account follower successfully drove DigiByte
count surpassed 1,000 for the first time. The 1,000th follower into first place. It was a
received 1,000 DGB. shining early example of
cryptocurrency communities
• On 28th March 2014, DigiByte Core wallet version 2.9 was released collaborating to push the
as a recommended upgrade and implemented the latest Bitcoin whole space forward.

Core v0.9 code protocol features.

• On 18th April 2014, DigiByte block number 1,000,000 was mined.

• On 20th June 2014, a major milestone occurred during multiple


algorithm testing. The first successful switch of hashing algorithms
at a specific block with mining on all five algorithms.

• On 20th September 2014, Jared Tate and others attended BTC Expo
in Shanghai, China. DigiByte was introduced to many new people.

• On 5th December 2014, DGB were successfully transacted between


prototype iPhone wallet applications. Further testing was required
before its release.

27
DigiByte Blockchain Launched

DIGIBYTE 2014 FIAT PRICE HISTORY

OPEN 2014 DGB Fiat Price 6 February 2014

US$0.001489
HIGH 2014 DGB Fiat Price 7 February 2014

US$0.001598
LOW 2014 DGB Fiat Price 20 December 2014

US$0.00002028
CLOSE 2014 DGB Fiat Price 31 December 2014

US$0.00004349

Taking into account the opening and closing DGB fiat prices, according to
CoinMarketCap, the price decreased by 97.1% from 6th February 2014 to
the closing DGB fiat price on 31st December 2014.

28
DigiByte Blockchain Launched

DIGIBYTE 2014 FIAT PRICE CHART

29
DigiByte—Forward Thinking Blockchain Technology

DigiByte Blockchain First Year Anniversary 10 January 2015

First DigiByte iOS Wallet Application Released 23 January 2015

Poloniex Exchange Added DGB Trading 9 February 2015

ShapeShift Added Support for DigiByte 20 February 2015

Coinomi Wallet Added Support for DigiByte 9 June 2015

DigiByte Block 1,000,000 Mined 7 July 2015

First DigiReport Presented by Jared Tate 20 July 2015

2015 High DGB Fiat Price Recorded 15 October 2015

DigiByte Core v4.0.0 (DigiSpeed) Upgrade Released 25 November 2015

DigiSpeed Hardfork Activated 4 December 2015

30
DigiSpeed Activation (Fourth Hardfork)

2015
DIGISPEED ACTIVATION
(FOURTH HARDFORK)

SUMMARY

On the first anniversary of the DigiByte blockchain, the DigiByte developers


reflected on the successful hardforks and consistent development of the
protocol code. DGB blocks were being mined on average every 30 seconds
following the MultiAlgo hardfork on 1st September 2014.

In January 2015, several DigiByte wallets and applications were released


including the first wallet for iOS devices and DigiByteTip. Jared Tate was
busy working with a team in Hong Kong (company called DigiByte
Holdings Ltd) to create innovative ways to leverage the security, efficiency
and decentralisation of the DigiByte blockchain.

On 15th October 2015, the DGB fiat price momentarily surged above
US$0.001 which resulted in DigiByte ranked 17 on the CoinMarketCap
price tracking website (over US$5,000,000 market capitalisation). It was
the case that the daily trading volume on Poloniex was 450 million DGB.

The fifth iteration of the DigiByte blockchain began on 4th December 2015
with the activation of DigiSpeed. It primarily reduced the DGB block time
from 30 to 15 seconds. As a result, transactions sent using the DigiByte
blockchain became forty times faster than using the Bitcoin blockchain
(Bitcoin block time roughly 10 minutes).

Members of the community discussed DigiByte related updates and news


on the official Bitcointalk thread and IRC (Internet Relay Chat). Official
Facebook, Reddit and Twitter accounts were modestly growing in terms of
active users. Active community members included RJF (Rob Fehn), ycagel,
HR, 24hralttrade and EPLDCC.

31
DigiSpeed Activation (Fourth Hardfork)

DigiByte Blockchain First Year Anniversary 10 January 2015

On 10th January 2015, the DigiByte blockchain officially turned one year
old as soon as block number 489,477 was mined using the Scrypt hashing
algorithm. The DigiByte team posted the following on the official DigiByte
Bitcointalk thread:

“DigiByte is officially turning 1 year old today! DigiByte was


successfully launched on January 10th 2014. This marks
12 months of consistent, committed development.

Over the course of the past 12 months DigiByte has endured 3 separate
hard forks, several updates and a very turbulent alt coin market. Through
all this DigiByte is emerging as a dedicated leader in the digital currency
space. We are working on several exciting projects to push DigiByte
forward in 2015 and we are very excited for what the future holds!

We are very committed to the long term success of DigiByte and


we warmly welcome everyone into the DigiByte community!”

Block number 494,952 marked the time at which it had been one year
since it was possible to publicly mine DGB. DigiByte was originally a
Scrypt based blockchain and then transitioned to multiple algorithms
(Scrypt, SHA-256, Myr-Groestl, Qubit and Skein) on 1st September 2014.

First DigiByte iOS Wallet Application Released 23 January 2015

On 23rd January 2015, the first DigiByte iOS wallet application compatible
with iPhone 4 to iPhone 6+ devices was released. It became possible for
iPhone users to store DGB locally on their device and backup their wallet
by recording a simple text seed phrase. Jared Tate announced the official
release of the application on the Apple App Store via video message on
YouTube.

32
DigiSpeed Activation (Fourth Hardfork)

Poloniex Exchange Added DGB Trading 9 February 2015

After countless requests from the community for DGB trading to activate
on Poloniex, a DGB/BTC trading pair went live on the cryptocurrency
exchange on 9th February 2015. The DGB fiat price was trading around
US$0.00019 on this day.

https://poloniex.com/exchange#btc_dgb (CLOSED)

Poloniex launched as a US based exchange on 19th January 2014. It


was founded by Tristan D'Agosta. Poloniex used to be one of the top
cryptocurrency exchanges in terms of daily trading volume. On 26th
February 2018, Poloniex was acquired by Circle Internet Financial Limited
reportedly for US$400 million.

It was possible to buy, sell or trade DGB on Poloniex for 1,785 days or
nearly 4 years and 11 months (DGB delisted on 30th December 2019).

ShapeShift Added Support for DigiByte 20 February 2015

On 20th February 2015, an instant cryptocurrency, token and asset


exchange platform called Shapeshift added DigiByte, VeriCoin, Novacoin,
ShadowCash and Unobtanium.

Shapeshift was launched on 1st July 2014 in Switzerland by its founder Erik On 11th March 2015, a
DigiByte promotional video
Voorhees.
was uploaded to the official
It is still active today giving its users complete control of their private keys, ‘DigiByte Global Blockchain’
YouTube channel. It was titled
hence their digital assets. Shapeshift supports over one hundred assets.
‘What is DigiByte?’ and was a
short presentation about
how people can use DigiByte,
who can use it and how it
can be acquired. It lasted
for about 60 seconds.
https://shapeshift.com/

33
DigiSpeed Activation (Fourth Hardfork)

Coinomi Wallet Added Support for DigiByte 9 June 2015

On 9th June 2015, the Coinomi multi-chain wallet service announced


DigiByte integration as live. Coinomi is a non-custodial wallet where users’
private keys are stored securely encrypted on their devices at all times.

Coinomi was founded in 2014 and has grown over the years gaining trust
and a high reputation with millions of cryptocurrency users. It provides
wallets for desktop and mobile devices. More than 125 blockchains and
hundreds of tokens or assets are available for users who benefit from
Coinomi’s non-custodial approach.

https://www.coinomi.com/en/

DigiByte Block 1,000,000 Mined 7 July 2015

A key DigiByte blockchain milestone occurred with the mining of the one
millionth DGB block (see below) on 7th July 2015. It was mined using the
Myr-Groestl hashing algorithm.

Since the launch of the DigiByte blockchain on 10th January 2014, or 543
days to be exact, when the 1,000,000th DGB block was mined:

• A total of 4,525,776,778.91302 DGB had been mined to date.

• A total of 46,903,230 seconds (542 days, 20 hours, 40 minutes and


30 seconds) had passed from block number 1 to block number
1,000,000. Therefore, the average time between DGB blocks had
been about 46.9 seconds.

Block #1 (Reward 72,000 DGB) January 10th 2014 22:27:56 UTC

Block #1,000,000 (Reward 2,269.02920362 DGB) July 7th 2015 19:08:26 UTC

34
DigiSpeed Activation (Fourth Hardfork)

First DigiReport Presented by Jared Tate 20 July 2015

On 20th July 2015, the first episode of the DigiReport was uploaded to the
official ‘DigiByte Global Blockchain’ YouTube channel (created on 12th
April 2014). The report featured Jared Tate akin to a news reporter
informing the community of the latest DigiByte updates and other
cryptocurrency news.

On 15th October 2015,


Due to time constraints and travelling to conferences during 2015/2016, according to historical
the DigiReport series lasted several months (8 episodes) until the last data sourced from
CoinMarketCap, the top 10
episode on 20th October 2015. Despite this, development updates and
cryptocurrencies were:
progress reports were still released on Bitcointalk and elsewhere.
Bitcoin, BTC = US$254.32
US$3,745,444,056.67

Xrp (Ripple), XRP = US$0.005399


US$179,016,404.98
2015 High DGB Fiat Price Recorded 15 October 2015
Litecoin, LTC = US$3.10
US$132,694,609.45
On 14th October 2015, the DigiByte market capitalisation surpassed the
Ethereum, ETH = US$0.5619
key milestone of US$1,000,000 for the first time (back below this figure at US$41,555,991.80
the end of the year). The DGB fiat price had nearly increased by a factor of
Dash, DASH = US$2.25
ten since the beginning of the year. The table below shows DGB fiat prices, US$13,273,496.00
derived from CoinMarketCap, on this day and the following day:
Dogecoin, DOGE = US$0.0001197
US$12,142,553.41
Open High Low Close
(US$) (US$) (US$) (US$) BitShares, BTS = US$0.004659
US$11,702,168.04
14th October 2015 0.0001173 0.0003241 0.0001152 0.0003241
Stellar, XLM = US$0.001934
15th October 2015 0.0003226 0.0010320 0.0002602 0.0003875
US$9,356,957.18
The DGB fiat price continued to rise on 15th October 2015. It momentarily MaidSafeCoin, MAID = US$0.01956
rose above US$0.001 mainly due to the astronomical Bitcoin Satoshi rise US$8,850,528.39

on Poloniex (see table below sourced from CryptoCompare for DGB Bitcoin Peercoin, PPC = US$0.3759
Satoshi prices on 15th October 2015). US$8,530,384.48

On the same day, DigiByte was


Open High Low Close Volume
ranked 17 on CoinMarketCap
(BTC Sat) (BTC Sat) (BTC Sat) (BTC Sat) (DGB)
with a market capitalisation
Poloniex 117 998 94 159 445,297,541.05 of US$2,002,325.03 and
US$0.0003875 DGB fiat price
Bittrex 101 446 99 158 113,186,129.41

35
DigiSpeed Activation (Fourth Hardfork)

DigiByte Core v4.0.0 (DigiSpeed) Upgrade Released 25 November 2015

After months of rigorous development and testing, and patience from the
community, DigiSpeed (DigiByte Core version 4.0.0) was released for
Windows, Mac OS X and Linux on 25th November 2015. It implemented
changes to the code protocol for activation of the fourth DigiByte
blockchain hardfork at block number 1,430,000 including:

• To reduce the DGB block time interval from 30 to 15 seconds.

• To scale the DigiByte blockchain to match VISA TPS by 2021.

• MultiAlgo difficulty adjustment code changed to make a 51% attack


much, much harder thanks to developer MentalCollatz.

• DGB block reward adjusted to accommodate faster blocks.

• OP_RETURN data increased to 80 bytes to allow embedding more


data (like document hashes).

DigiSpeed Hardfork Activated 4 December 2015

Block number 1,430,000 timestamped (see below) as scheduled on 4th


December 2015. It marked the beginning of the fifth iteration of the
DigiByte blockchain. The DGB block reward reduced from 2,157.8241956
DGB to 1,078.5 DGB. The switch was smooth with no major issues.

DigiSpeed activation instantaneously resulted in all subsequent DGB blocks


being mined (on average) every 15 seconds. As a result, transactions sent
using the DigiByte blockchain became forty times faster than using the
Bitcoin blockchain (Bitcoin block time roughly ten minutes). DigiSpeed had
readied the blockchain for further improvements to scalability over
On 9th December 2015, the coming years. The carrying capacity of the DigiByte blockchain was
DigiByte Core qt wallet currently approximately 266 transactions per second.
version 4.0.3 was released for
Windows and Linux. It was On 5th December 2015, the first DigiByte history paperback book was
important for wallet users, self-published and is still available for people to purchase from Amazon. It
exchanges, mining pools and
covers DigiByte history from 10th January 2014 to 12th January 2015 (see
other third party services to
update as soon as possible. It front cover image to the left).
primarily disconnected all
version three clients from
participating in the network.
Block #1,430,000 (Reward 1,078.5 DGB) December 4th 2015 13:35:44 UTC

36
DigiSpeed Activation (Fourth Hardfork)

OTHER HISTORICAL EVENTS DIGIBYTE GROUP


& KNIGHTS LOGOS
• In January 2015, the official DigiByte website www.digibyte.co was
professionally revamped (see screenshot on page 38).

• On 16th January 2015, DigiHash Easy Miner v1.0 beta software was
released. It made it easier for beginners to mine DGB on Windows
using a CPU and GPU (using AMD & NVIDIA cards & CPUs).

• On 21st January 2015, DGBWallet.com (beta v1.0) was introduced


as the first multi-signature wallet for DigiByte. It was a web based
DigiByte wallet accessible on all devices (private keys stored locally
on a user’s desktop or mobile). It shut down in January 2016.

• On 31st January 2015, DigiByteTip (beta v1.0) was introduced as a


way to tip DGB on social media platforms such as Reddit, Twitter,
YouTube and Twitch.

• In early March 2015, Jared Tate and others from team visited a shop
called ‘House of Blue Jeans’ accepting DGB as a means of payment
in The Netherlands. Bitcointalk forum user 24hralttrade, the owner,
was appreciative of the visit (see photo below).

• In June 2015, a community-driven initiative called ’The DigiByte


Group’ was created by Bitcointalk forum user EPLDCC. It was also
the time when the ’DigiByte Knights’ initiative launched (see right).

• On 8th September 2015, a means to acquire DGB by playing the


online multiplayer game called League of Legends launched as part
of building the DigiByte blockchain attention economy. DigiByte
Gaming provided gamers with the opportunity to earn DGB.

37
DigiSpeed Activation (Fourth Hardfork)

DIGIBYTE 2015 FIAT PRICE HISTORY

OPEN 2015 DGB Fiat Price 1 January 2015

US$0.00004352
HIGH 2015 DGB Fiat Price 15 October 2015

US$0.0010320
LOW 2015 DGB Fiat Price 14 January 2015

US$0.00003087
CLOSE 2015 DGB Fiat Price 31 December 2015

US$0.0001368

Taking into account the opening and closing DGB fiat prices, according to
CoinMarketCap, the price increased by 214.34% for the year.

On 14th January 2015, the 2015 low DGB fiat price was recorded at
US$0.00003087 according to figures derived from CoinMarketCap. The
DigiByte market capitalisation was just below US$100,000 on this day.

On 15th October 2015, the DGB fiat price more than tripled to just
over US$0.001. The DigiByte market capitalisation increased to over
US$5 million as a result.

38
DigiSpeed Activation (Fourth Hardfork)

DIGIBYTE 2015 FIAT PRICE CHART

39
DigiByte—Forward Thinking Blockchain Technology

DigiByte Blockchain Second Year Anniversary 10 January 2016

Blockchain & Bitcoin Africa Conference Occurred 4 March 2016

DigiByte Block 2,000,000 Mined 12 March 2016

2016 High DGB Fiat Price Recorded 27 March 2016

Jared Tate Spoke on Stage at FinDEVr 30 March 2016

DigiByte Team Attended LA Games Conference 19 April 2016

DigiByte Team Attended the Collision Conference 26-28 April 2016

Jared Tate Spoke on Stage at Finovate Conference 11 May 2016

DGB Block Reward Descended Below 1,000 3 July 2016

DigiByte Block 3,000,000 Mined 31 August 2016

40
Jared Tate Attended Several Conferences

2016
JARED TATE ATTENDED
SEVERAL CONFERENCES

SUMMARY

The DigiSpeed upgrade, activated at block 1,430,000 on 4th December


2015, had worked as designed to increase the security, scalability and
efficiency of the DigiByte blockchain.

Jared Tate spoke on stage at several conference events in 2016. He was


keen to spread awareness of the capabilities and potential of the DigiByte
blockchain to as many people as possible. What follows are some events
at which he gave presentations:

• On 4th March 2016, he spoke on stage at the ‘Blockchain and


Bitcoin Africa Conference’ in Sandton, Johannesburg in South Africa.

• On 30th March 2016, he spoke on stage at the FinDEVr 2016


Conference in New York, USA.

• On 11th May 2016, he gave a short presentation (roughly seven


minutes long) at the Finovate Conference in San Jose, California.

Besides giving presentations on stage, Jared Tate and other DigiByte team
members attended events to showcase how DigiByte could help people
and businesses improve their operations.

There were no major DigiByte Core upgrades released during the year, but
the developers were still researching ways to improve the functionality and
ease of use of wallets and other applications. The community was invited
to contribute their skills to add value to the DigiByte blockchain. It was still
important to adhere to the open-source nature of the blockchain as had
been the case since the very beginning.

41
Jared Tate Attended Several Conferences

DigiByte Blockchain Second Year Anniversary 10 January 2016

On 10th January 2016, it had been two years since the DigiByte Genesis
Block was mined (see block number 1,645,338 below). The following was
posted on the official DigiByte Bitcointalk thread:

“Happy birthday everyone! DigiByte is now officially two


years old! Thank you to the DigiByte community for all your support
these last two years! 2016 is going to be a very exciting year!

As such we are pleased to introduce DiguSign:


http://digusign.com/ DiguSign it in the blockchain?

DiguSign allows you to secure any document, smart contract or file


in the DigiByte blockchain. Try it out and let us know what you think!”

Two days later, block number 1,656,325 (see below) marked the time at
which it had been two years since DGB public mining began.

Block #1,645,338 (Reward 1,066.46394 DGB) January 10th 2016 21:13:29 UTC

Block #1,656,325 (Reward 1,066.46394 DGB) January 12th 2016 19:00:31 UTC

Blockchain & Bitcoin Africa Conference Occurred 4 March 2016

Jared Tate spoke on stage at the ‘Blockchain and Bitcoin Africa Conference’
in Sandton, Johannesburg in South Africa on 4th March 2016. His
presentation was ‘Public vs Private Blockchains: A DigiByte Perspective’
during which time he showcased (see photo on page 47) the capabilities
and potential of the DigiByte blockchain. Jared Tate posted feedback
several days later on the official DigiByte Bitcointalk thread:

“It is my pleasure to let everyone know the conference in South Africa went very
well for DigiByte. The videos should be online soon. We will link to them as soon as
we get word they are posted. Many new people were introduced to DigiByte and
we have made several new influential connections on the African continent.

Overall the SA event was far more professional than many Bitcoin and
blockchain events I have attended in the past. The organizers were professional
and very warm and welcoming. Overall I was very impressed with how warm
and welcoming the South African people were. There seemed to be an excitement
in the air for the positive change this technology is bringing to Africa.”

The conference in South Africa brought together advocates and supporters


in blockchain technology from across the globe.

42
Jared Tate Attended Several Conferences

DigiByte Block 2,000,000 Mined 12 March 2016

On 12th March 2016, block number 2,000,000 (see below) timestamped


to the DigiByte blockchain. It was mined using the Scrypt hashing
algorithm.

Since the launch of the DigiByte blockchain on 10th January 2014, or 792
days to be exact, when the 2,000,000th DGB block was mined:

• A total of 6,082,736,715.17977 DGB had been mined to date.

• A total of 68,364,056 seconds (791 days, 6 hours, 0 minutes and 56


seconds) had passed from block number 1 to block number
2,000,000.

On 27th March 2016,


according to historical
Block #1 (Reward 72,000 DGB) January 10th 2014 22:27:56 UTC data sourced from
CoinMarketCap, the top 10
cryptocurrencies were:

Bitcoin, BTC = US$426.77


Block #2,000,000 (Reward 1,042.79328824 DGB) March 12th 2016 04:28:52 UTC
US$6,557,036,225.33

Ethereum, ETH = US$10.42


US$818,049,037.00
2016 High DGB Fiat Price Recorded 27 March 2016
XRP, XRP = US$0.008029
US$276,505,142.56
The 2016 high DGB fiat price was recorded at US$0.0007658 on 27th
Litecoin, LTC = US$3.30
March 2016. The DGB fiat prices on this day, according to figures from the US$149,001,606.32
CoinMarketCap price metrics website, are shown below:
Dash, DASH = US$7.05
US$44,599,540.88
Open High Low Close
(US$) (US$) (US$) (US$) MaidSafeCoin, MAID = US$0.08748
US$39,588,864.05
15th October 2015 0.0003226 0.0010320 0.0002602 0.0003875
Dogecoin, DOGE = US$0.0002159
1st January 2016 0.0001368 0.0001389 0.0001261 0.0001305
US$22,380,397.79
27th March 2016 0.0005970 0.0007658 0.0005476 0.0006134
Monero, XMR = US$1.53
US$17,496,533.62
The DigiByte market capitalisation increased to over US$4 million on the
same day. As shown above, the DGB fiat price was higher on 15th October BitShares, BTS = US$0.006226
US$15,875,120.86
2015.
Factom, FCT = US$1.72
US$15,035,988.66

On the same day, DigiByte was


ranked 26 on CoinMarketCap
with a market capitalisation of
US$3,789,557.24 and
US$0.0006134 DGB fiat price

43
Jared Tate Attended Several Conferences

Jared Tate Spoke on Stage at FinDEVr 30 March 2016


On 27th March 2016, the
following was posted on the
official DigiByte Bitcointalk
thread about the US$250,000 Jared Tate spoke on stage at the FinDEVr 2016 Conference in New York,
private investment received in USA on 30th March 2016. He showcased the capabilities and potential of
November 2014: the DigiByte blockchain, especially how it can be utilised to verify the
“In the last year, it has integrity and accuracy of international trade and finance documents.
been used to develop
DigiByteGaming, DigiByteTip,
DigiByte Market, DiguSign,
DigiHash, DigiByte Gaming
Wallet, DigiExplorer, Tofugear
Omnitech integration, Easy
Miner as well as to maintain
several servers, all wallets,
and seed nodes that keep the
network healthy, alive
and relevant. We are also www.findevr.com
maintaining an office in
Hong Kong with several FinDEVr is described as a conference focused on fintech. It serves the
developers. Combined with
interests of the developer community by allowing the latest fintech
marketing, travel, video
production and other
innovation to be showcased to a wider audience. FinDEVr debuted in San
expenses we have done well Francisco, California from 30th September 2014 to 1st October 2014.
with very limited resources
compared to others in this
space. We have never
attempted to raise funds,
or ask the community to DigiByte Team Attended LA Games Conference 19 April 2016
crowd fund development.”

Another opportunity to demonstrate the benefits of the DigiByte


blockchain and the DigiByte Gaming platform (see photo below) occurred
at the LA Games Conference on 19th April 2016.

Jared Tate described the LA Games Conference as a great success. Several


connections were made with other attendees and projects showing
promise of new collaborations going forward.

44
Jared Tate Attended Several Conferences

DigiByte Team Attended the Collision Conference 26-28 April 2016

From 26th to 28th April 2016, the DigiByte team attended the Collision
2016 Conference in New Orleans, Louisiana. Jared Tate did not speak in
front of an audience, instead the DigiByte team had a booth (FinTech
B112) where attendees visited and then asked questions. During the
event, the following was posted on the official DigiByte Bitcointalk thread:

“This is by far the biggest event we have ever attended with over 10,000+
attendees. The event lasts for two more days and we are making the most of it. We
have introduced many new people to DigiByte yesterday and are doing the same
today. If anyone is here at the event or knows someone that is and would like to
meet up please let us know. Stay tuned for more updates!”

Jared Tate Spoke on Stage at Finovate Conference 11 May 2016

On 11th May 2016, Jared Tate highlighted the true essence of blockchain
technology, especially DigiByte, during a short presentation (roughly seven
minutes long) at the Finovate Conference in San Jose, California. Jared
On 13th June 2016, the
Tate was quoted as saying: DigiByte team posted the
following on the official
“Let’s take it, and let’s scale it globally. What that really means is it is the DigiByte Bitcointalk thread:
first time in human history where we have the ability to transfer a financial asset,
a legal document or any sort of other data in an absolute secure and transparent “Quick update! After officially
form without the need for a central party. We are absolutely at the biggest partnering with Microsoft
turning point in financial innovation with blockchain technology since the (Biz Spark +) we have received
Bank of England first started printing paper money in 1694.” $120K USD in free hosting
over the next 12 months on
Azure. We are migrating all
DigiByte servers to more
improved hardware! This
includes, DigiByte Gaming,
DigiHash, DigiExplorer, Wallet
services, Seed nodes and more!
Stay tuned as we progress on
these services and others.

And yes core protocol


upgrades are underway!”

45
Jared Tate Attended Several Conferences

DGB Block Reward Descended Below 1,000 3 July 2016

In May and June 2016, there were no major code development reports or
upgrades. It was a relatively quiet time during which discussions on the
official DigiByte Bitcointalk and Telegram channels still took place.

On 3rd July 2016, the DGB block reward descended below 1,000 DGB for
the first time at block number 2,656,400 (see below).

On 14th July 2016, the DigiByte team posted a short summary about what
was being worked towards. It included the addition of new games to
DigiByte Gaming, updates to DiguSign, DigiByte Core upgrades to align it
with the Bitcoin Core v0.12 codebase, the initiation of DGB trading on a
Chinese based cryptocurrency exchange and other tasks. The community
was invited to contribute their skills to add value to the DigiByte
blockchain. It was still important to adhere to the open-source nature of
the blockchain as had been the case since the very beginning.

Block #2,656,399 (Reward 1,008.26874547 DGB) July 3rd 2016 13:15:01 UTC

Block #2,656,400 (Reward 997.01646627 DGB) July 3rd 2016 13:15:07 UTC

DigiByte Block 3,000,000 Mined 31 August 2016

On 31st August 2016, block number 3,000,000 (see below) timestamped


to the DigiByte blockchain. It was mined using the Skein hashing
algorithm and extracted by the MiningPoolHub mining pool.

Since the launch of the DigiByte blockchain on 10th January 2014, or 964
days to be exact, when the 3,000,000th DGB block was mined:

• A total of 7,095,784,639.19657 DGB had been mined to date.

• A total of 83,274,903 seconds (963 days, 19 hours, 55 minutes and 3


seconds) had passed from block number 1 to block number
3,000,000.

Block #1 (Reward 72,000 DGB) January 10th 2014 22:27:56 UTC

Block #3,000,000 (Reward 985.8897625 DGB) August 31st 2016 18:22:59 UTC

46
Jared Tate Attended Several Conferences

OTHER HISTORICAL EVENTS

• On 17th January 2016, Jared Tate was interviewed by Rick Stoner on


‘DogeCoinDark Radio’ at 22:00 EST.

• On 13th February 2016, Bitcointalk users bitkapp and Dennahz


launched the ‘DigiByte Telegram Chat Bot’. It was a useful tool to
check DigiByte blockchain statistics including block height, coin
supply, network hashrates and more.

• On 16th March 2016, the DigiByte team attended the ‘Game


Developers Conference 2016’ in San Francisco, California.

• On 17th March 2016, it became possible to earn free DGB


by playing the online game called ‘Counter-Strike: Global
Offensive’ (CS:GO) on the DigiByte Gaming platform (see page 48).

• On 17th March 2016, the daily DGB trading volume, over all
recognised DGB exchange trading pair markets, surpassed
US$1,000,000 for the first time.

• On 18th May 2016, DigiByteTip was taken offline. Community


members holding DGB on the platform were notified to withdraw
their coins by 11th June 2016.

• On 17th August 2016, it became possible to earn free DGB by


playing the online game called ‘War of Warcraft’ on the DigiByte
Gaming platform.

47
Jared Tate Attended Several Conferences

DIGIBYTE 2016 FIAT PRICE HISTORY

OPEN 2016 DGB Fiat Price 1 January 2016

US$0.0001368
HIGH 2016 DGB Fiat Price 27 March 2016

US$0.0007658
LOW 2016 DGB Fiat Price 20 January 2016

US$0.0001169
CLOSE 2016 DGB Fiat Price 31 December 2016

US$0.0002532

Taking into account the opening and closing DGB fiat prices, according to
CoinMarketCap, the price increased by 85.1% for the year.

Other price metrics during the year included:

• The DGB fiat price remained below US$0.001 and the DigiByte
market capitalisation did not surpass US$5,000,000.

• Bittrex and Poloniex were the two exchanges on which the vast
majority of DGB trading was occurring. The DGB/BTC 2016 highs on
Bittrex and Poloniex, on 27th March 2016, were 188 and 185 Bitcoin
Satoshi (1 Bitcoin Satoshi = 0.00000001 BTC) respectively.

48
Jared Tate Attended Several Conferences

DIGIBYTE 2016 FIAT PRICE CHART

49
DigiByte—Forward Thinking Blockchain Technology

DigiByte Core v6.14.1 (DigiSync) Upgrade Released 8 April 2017

DigiByte Blockchain Activated SegWit 28 April 2017

DGB Fiat Price Surpassed US$0.01 for the First Time 20 May 2017

Jared Tate Spoke at the CITI T4I Challenge 9 June 2017

DigiByte New Logo & Rebrand Adopted 29 August 2017

Jared Tate Spoke at the Texas Bitcoin Conference 29 October 2017

KuCoin Exchange Added DGB Trading 6 November 2017

Ledger Hardware Wallet Added Support for DGB 30 November 2017

2017 High DGB Fiat Price Recorded 23 December 2017

OKEx Exchange Added DGB Trading 25 December 2017

50
DigiByte Rebranded & Reinvigorated

2017
DIGIBYTE REBRANDED
& REINVIGORATED

SUMMARY

Interest in blockchain technology grew in 2016, especially during the last


several months. The DigiByte blockchain was still functioning as expected
with over 8,000 node downloads in about 82 different countries. The
Bitcoin fiat price had increased from about US$600 in September 2016 to
surpass US$1,000 on 1st January 2017 for the first time since January 2014.

Jared Tate unequivocally distanced himself from speculating on future DGB


fiat prices. He was more focused, as were others on the team, on
making the DigiByte blockchain the fastest, most secure and scalable
blockchain in the world well into the 2030’s. At the beginning of the year,
the DigiByte market capitalisation was approximately US$2,000,000.

Several major milestones which occurred in 2017 included:

• On 28th April 2017, the DigiByte blockchain successfully activated


SegWit via softfork at block number 4,394,880 (see page 52).

• On 29th August 2017, DigiByte officially rebranded (new logo and


slogan) to reaffirm its long term focus on security, speed and
forward thinking development (see page 54).

• On 30th November 2017, DigiByte was integrated into the Ledger


Nano S Hardware Wallet with the option to manage DGB on the
Ledger Manager application (see page 55).

The blockchain technology space grew substantially in 2017, especially


towards the end of the year, in terms of the total market capitalisation,
community size and global awareness.

51
DigiByte Rebranded & Reinvigorated

The DigiByte blockchain DigiByte Core v6.14.1 (DigiSync) Upgrade Released 8 April 2017
“locked_in” SegWit, csv
and nversionbips on 21st
April 2017 with activation On 8th April 2017, DigiByte Core wallet version 6.14.1 (DigiSync) was
to occur in 7 days time. released. All wallet software users were strongly advised to update
as soon as possible. The DigiByte team, with help from community
developers, had worked for about three months to align the code protocol
with the latest Bitcoin Core v0.14 codebase features.

On the following day, an updated DigiSync wallet (version 6.14.2) was


uploaded to the official DigiByte Github repository. It fixed issues with
lengthy wallet client loading times.

For the DigiByte blockchain to activate the pending code protocol changes,
at least 70% of all DGB blocks within a set seven day time period (40,320
blocks) had to have signalled support for SegWit. The 70% threshold was
surpassed on 16th April 2017.

On 21st April 2017, the percentage of DGB blocks signalling support for
SegWit rose above 90%. It was later that day that the network “locked_in”
the code protocol changes at block number 4,354,560 (see below).
The DigiByte blockchain
activated SegWit, csv
and nversionbips on
28th April 2017. Block #4,354,560 (Reward 901.23191821 DGB) April 21st 2017 18:15:47 UTC

DigiByte Blockchain Activated SegWit 28 April 2017

SegWit activation successfully happened at block number 4,394,880 (see


block below) on 28th April 2017. It had taken 35 days to achieve it since
the first SegWit test block was mined on 23rd March 2017. It resulted in
the DigiByte blockchain becoming the first top 100 CoinMarketCap project
to integrate SegWit. The community applauded all exchanges and mining
pools for acting quickly to update to the latest DigiByte Core code, mainly
due to several dedicated people who persisted in contacting them.

For historical context, the Groestlcoin, Syscoin, Bitcoin and Litecoin


blockchains activated SegWit on 24th January 2017, 30th March 2017,
10th May 2017 and 24th August 2017 respectively.

On 1st May 2017, the first ever DGB SegWit transaction was sent from
Hong Kong to Australia using the DigiByte blockchain (see above).

Block #4,394,880 (Reward 901.23191821 DGB) April 28th 2017 16:21:28 UTC

52
DigiByte Rebranded & Reinvigorated

DGB Fiat Price Surpassed US$0.01 for the First Time 20 May 2017 On 20th May 2017,
according to historical
data sourced from
The DGB fiat price was continuing to astronomically rise until it surpassed CoinMarketCap, the top 10
US$0.01 for the first time on 20th May 2017. DGB Bitcoin Satoshi prices on cryptocurrencies were:

20th May 2017 were: Bitcoin, BTC = US$2,084.73


US$34,068,634,229.07
Open High Low Close Volume
XRP, XRP = US$0.3516
(BTC Sat) (BTC Sat) (BTC Sat) (BTC Sat) (BTC)
US$13,549,353,801.62
Poloniex 335 669 320 590 20,004.67
Ethereum, ETH = US$126.52
Bittrex 333 678 320 592 3,767.80 US$11,612,464,393.24

On the same day as the DGB fiat price rose over US$0.01 for the first time NEM, XEM = US$0.225
US$2,025,130,837.93
ever, Jared Tate took the opportunity to welcome all newcomers who had
recently discovered DigiByte: Litecoin, LTC = US$27.51
US$1,408,136,102.70
“A very warm welcome to all the new DigiByte community members and Dash, DASH = US$100.77
investors here. We will be releasing a concise set of DigiByte facts and roadmap US$736,422,981.94
in the next 24 hours on DigiByte.co. Please note crypto markets can vary widely
very quickly. Always research and understand what you are getting into. Ethereum Classic, ETC = US$7.41
US$680,283,964.01
We have been here for over three solid, dedicated years to create the
fastest, most secure and decentralized proof of work multi-algo blockchain in Stellar, XLM = US$0.05389
the world today. We are going to keep working hard towards our vision US$515,425,873.34
of 2035. Stay tuned for much more exciting news and information.” Monero, XMR = US$35.10
US$508,693,368.90

Bytecoin, BCN = US$0.00237


Jared Tate Spoke at the CITI T4I Challenge 9 June 2017 US$433,485,868.11

On the same day, DigiByte was


ranked 28 on CoinMarketCap
On 9th June 2017, Jared Tate attended the ‘Citi Tech 4 Integrity Challenge’
with a market capitalisation
conference event in Singapore. He showcased (see photo below) the of US$98,652,997.05 and
benefits and real world use cases of the DigiByte blockchain in front US$0.01217 DGB fiat price
of Citi Bank, Microsoft, IBM, Facebook and others. In particular, he
highlighted DiguSign, an application built on top of the DigiByte blockchain,
allowing users to secure any document, smart contract or file.

53
DigiByte Rebranded & Reinvigorated

31st August 2017 DigiByte New Logo & Rebrand Adopted 29 August 2017

Poll: Take your time. Listen to


your heart. Which coin would
On 29th August 2017, the DigiByte blockchain officially rebranded to
you like to trade on HitBTC?
reaffirm its long term focus on security, speed and forward thinking
Verge (XVG)
development. The new DigiByte logo was described by many in the
~100,815 (61%)
community as more professional without abandoning familiarity with the
DigiByte (DGB)
previous version. A new slogan ‘More Secure, Faster & Forward Thinking’
~60,320 (36.5%)
was also established to reinforce the branding imagery.
BitcoinPlus (XBC)
~2,315 (1.4%)

Soarcoin (SOAR)
~1,819 (1.1%)

Total votes: 165,269

The first DigiByte Foundation Jared Tate Spoke at the Texas Bitcoin Conference 29 October 2017
official donation address was:

DFVsFBiKua-
On 29th October 2017, Jared Tate attended the Texas Bitcoin Conference
L5HM9NWZgdHTQecLNit6tX5Y
2017 at the Canyon View Event Center in Austin, Texas, USA. He spoke on
By the end of 2017, a total
stage about the DigiByte blockchain, how the Chinese government and
of about 392,000 DGB had
been donated to help support
people view blockchain technology, and DiguSign (allows you to securely
DigiByte code protocol store, notarise and validate any document in a public, globally accessible
development and other decentralised blockchain). His presentation lasted for roughly fifteen
activities.
minutes after which he answered questions from the audience.

54
DigiByte Rebranded & Reinvigorated

KuCoin Exchange Added DGB Trading 6 November 2017

A Hong Kong based cryptocurrency exchange made it possible of its users


to buy or sell DGB beginning on 6th November 2017. KuCoin added the
DGB/BTC trading pair market to its platform. The KuCoin cryptocurrency
exchange has been operational since 15th September 2017.

https://www.kucoin.com/trade/DGB-BTC (ACTIVE est. 06/11/2017)


https://www.kucoin.com/trade/DGB-ETH (ACTIVE est. 11/11/2017)
https://www.kucoin.com/trade/DGB-USDT (ACTIVE est. 13/05/2020)

On 11th November 2017, the KuCoin exchange opened the DGB/ETH


trading pair market.

On 13th May 2020, the KuCoin exchange opened the DGB/USDT trading
pair market.

Ledger Hardware Wallet Added Support for DGB 30 November 2017

On 30th November 2017, another way to securely store DGB became


available for the community. DigiByte was integrated into the Ledger
Nano S Hardware Wallet with the option to manage DGB on the Ledger
Manager application. Users’ private keys are safe from confiscation as
they are secured in certified chips. Qtum and Hcash were also integrated
on this day.

“Ledger was launched in 2014 by eight experts with complementary


backgrounds in embedded security, cryptocurrencies and entrepreneurship,
united around the idea of creating secure solutions for blockchain applications.
We now have over 130 employees in Paris, Vierzon and San Francisco.”

https://www.ledger.com/digibyte-wallet/

The DigiByte team submitted all requirements to Ledger at least two weeks
before integration. The community had been waiting a long time for the
addition to Ledger to become a reality.

55
DigiByte Rebranded & Reinvigorated

On 23rd December 2017, 2017 High DGB Fiat Price Recorded 23 December 2017
the Bitcoin (BTC) fiat price
according to figures sourced
from CoinMarketCap: On 14th December 2017, the DGB fiat price surpassed US$0.02 for the first
Open: US$13,948.70 time since 6th September 2017. It continued to increase until it reached its
High: US$15,603.20 2017 high at US$0.090332 on 23rd December 2017. On this day, the DGB
Low: US$13,828.80 Bitcoin Satoshi trading prices were:
Close: US$14,699.20
Open High Low Close Volume
(BTC Sat) (BTC Sat) (BTC Sat) (BTC Sat) (BTC)

Bittrex 303 594 302 480 11,830.37

Poloniex 305 555 300 476 4,615.11


On 23rd December 2017, the
DGB/USDT trading figures on Cryptopia 311 900 303 506 358.55
the HitBTC exchange (the first
HitBTC 310 660 300 520 139.12
DGB/USDT pair) were:

Open: US$0.0415 Almost all cryptocurrencies soared in price during the year. On 23rd
High: US$0.0999 December 2017, the Bitcoin and Ethereum fiat prices, according to the
Low: US$0.0403
CoinMarketCap website, were recorded at US$14,699.20 and US$719.39
Close: US$0.0740
respectively.

OKEx Exchange Added DGB Trading 25 December 2017

On 25th December 2017, it became possible to trade DGB on the OKEx


cryptocurrency exchange. A single DGB/BTC trading pair market was
created. OKEx had enabled DGB deposits three days earlier and then
enabled DGB withdrawals beginning on 26th December 2017.

https://www.okex.com/trade-spot/dgb-btc (ACTIVE)

OKEx is a Seychelles based exchange providing its users with the ability
On 31st December 2017,
the official DigiByte Twitter to trade between hundreds of digital assets. It was founded in 2017.
account tweeted:
The DigiByte team and community had worked hard to get DGB trading
“Happy New Year’s Eve on many exchanges, especially during the second half of 2017 (see graphic
everyone! We are very
on page 58). The growing community had also become more motivated
excited for what 2018 brings
for #DigiByte #blockchain. than ever to take the initiative and contribute in a permissionless manner.
Thank you to all the amazing
#DGB community members
for making 2017 an
incredible year!”

56
DigiByte Rebranded & Reinvigorated

OTHER HISTORICAL EVENTS

• On 19th February 2017, DGB block 4,000,000 was mined by the


SHA-256 hashing algorithm at 23:45:39 UTC.

• On 5th May 2017, the DigiByte market capitalisation surpassed


US$10,000,000 for the first time.

• On 20th May 2017, the DigiByte market capitalisation surpassed


US$100,000,000 for the first time.

• On 14th June 2017, the DigiByte Alerts Telegram channel became


the best way to find out the latest news about DigiByte.

• On 19th June 2017, the multi-currency Wirex Debit Card added


support for DigiByte.

• On 4th August 2017, the Bittrex exchange opened the DGB/ETH


trading pair market.

• On 11th August 2017, DGB block 5,000,000 was mined by the Skein
hashing algorithm and extracted by the MiningPoolHub mining pool
at 23:45:39 UTC.

• On 27th September 2017, the Indian based BuyUcoin exchange


added support for DigiByte by opening the DGB/INR trading pair.

• On 4th October 2017, the HitBTC exchange opened three DGB


trading pair markets (DGB/BTC, DGB/ETH and DGB/USDT).

• On 24th October 2017, the South Korean based exchange Upbit


opened two DGB trading pair markets (DGB/BTC and DGB/ETH).

• On 1st December 2017, Changelly added support for DigiByte. It is


an instant and secure way to exchange and purchase over 150
cryptocurrencies. Changelly has been operational since 2015.

• On 23rd December 2017, John McAfee tweeted about DigiByte as


his ‘Coin of the Day’ (see below).

57
DigiByte Rebranded & Reinvigorated

DIGIBYTE 2017 FIAT PRICE HISTORY

OPEN 2017 DGB Fiat Price 1 January 2017

US$0.0002532
HIGH 2017 DGB Fiat Price 23 December 2017

US$0.090332
LOW 2017 DGB Fiat Price 10 March 2017

US$0.0001993
CLOSE 2017 DGB Fiat Price 31 December 2017

US$0.07037

Taking into account the opening and closing DGB fiat prices, according to
CoinMarketCap, the price increased by 27,692% for the year.

Many cryptocurrency exchanges added DGB trading including Upbit, OKEx,


HitBTC and KuCoin. Bittrex and Poloniex were still the exchanges on which
the vast majority of DGB trading was occurring (the 2014-2021 high DGB
Bitcoin Satoshi price was recorded at 2,695 and 2,669 on Bittrex and
Poloniex respectively on 3rd June 2017).

58
DigiByte Rebranded & Reinvigorated

DIGIBYTE 2017 FIAT PRICE CHART

59
DigiByte—Forward Thinking Blockchain Technology

Trezor Hardware Wallet Added Support for DGB 16 January 2018

DigiByte Mobile Wallet GUI Redesign Chosen 10 April 2018

Digi-ID Officially Launched 11 May 2018

DigiByte Awareness Team (DGBAT) Founded 18 May 2018

SPV DigiByte Android Wallet Application Released 9 July 2018

Huobi Global Exchange Added DGB Trading 20 July 2018

SPV DigiByte iOS Wallet Application Released 1 August 2018

Bitfinex Exchange Added DGB Trading 2 November 2018

First Official DigiByte UK Meetup Occurred 18 November 2018

Sequoir Exchange Added DGB Trading 14 December 2018

60
DGBAT, Digi-ID & Further Development

2018
DGBAT, DIGI-ID &
FURTHER DEVELOPMENT

SUMMARY

After the community welcomed in the new year, it was time to reflect on
how far the DigiByte blockchain had advanced over the last four years. The
DigiByte Core wallet had been downloaded over 140,000 times since April
2017, the DigiByte market capitalisation stood at over US$1 billion and the
official DigiByte Twitter account had over 100,000 followers.

Despite bear market activity during 2018, the community worked hard to
spread awareness of the DigiByte blockchain. Josiah Spackman began to
strongly advocate for DigiByte and organised several fund raisers to help
accelerate code development and, in particular, initiated a campaign to
raise DGB for relief efforts in Venezuela (see page 67).

Several major milestones which occurred in 2018 included:

• On 16th January 2018, DigiByte was integrated into the Trezor


hardware and browser wallet applications (see page 62).

• On 11th May 2018, Digi-ID officially launched (see page 63).

• On 18th May 2018, the DigiByte Awareness Team (DGBAT) was


founded (see page 63).

• The SPV DigiByte wallets for Android and iOS devices were released
in July 2018 and August 2018 respectively (see pages 64 and 65).

Countless people across the globe had discovered DigiByte in 2018. It


had been the most active year yet with strong organic growth in the size of
the community.

61
DGBAT, Digi-ID & Further Development

On 27th February 2018, the Trezor Hardware Wallet Added Support for DGB 16 January 2018
online cryptocurrency shop
called Crypto Bantam was
launched providing an array of On 16th January 2018, DigiByte was integrated into the Trezor hardware
clothing and other accessories. and browser wallet applications. Both the DigiByte and Trezor developers
Products on sale at Crypto were thanked for finalising the integration. Bitcointalk forum user Jumbley
Bantam are designed by the posted the following after hearing the news:
community including DGBAT,
Damir Cengic, Changeangel, “Fantastic…..DigiByte has made it to the world’s leading OS
Cryptomane-Art, Last Friday hardware wallet, at last….A big thank you to all at Trezor and
Artwork, The Original Hodl DigiByte that made this possible and keep it up please!
Crew and others. Crypto
Bantam ships worldwide Today DigiByte, in the eyes of many, has become more valuable
from centres in Europe and and the game to accumulate more for less is on again!”
the USA at low costs.
The original Trezor hardware wallet (Trezor One) allows users to securely
store, manage and trade DGB. It is officially described as:

“Trezor One (or previously simply Trezor) is the first model of Trezor
device line and simultaneously the first hardware wallet in the world that was
released on July 29, 2014. It offers unmatched security for cryptocurrencies,
password management, second-factor authentication, while maintaining an
absolute ease of use, whether you are a security expert or a brand new user.”

DigiByte Mobile Design DigiByte Mobile Wallet GUI Redesign Chosen 10 April 2018
Contest Final Round
Twitter Poll Result:
On 13th March 2018, graphic designers and UI/UX specialists were called
Dennis (21.9%)
Reward: 4,000 DGB upon to participate in the ‘DigiByte Mobile Design Contest’. It was the third
developer bounty funded from the ‘DigiByte Bounty Fund’ to incentivise
Fafla Faf (12.4%)
Reward: 3,000 DGB the design of the future user interface of both the Android and iOS SPV
wallet applications. Designs had to be submitted by 20th March 2018.
Disorbital (11.4%)
Reward: 2,000 DGB On 31st March 2018, it was time for the community to begin voting for
Damir (54.3%) their favourite ‘DigiByte Mobile Design Contest’ user interface. Thirteen
Reward: 11,000 DGB submissions had been randomly shuffled into four groups for the first
Total Votes: 1,159 voting round.

On 10th April 2018, the final voting round for the ‘DigiByte Mobile Design
Contest’ ended with Damir Cengic gaining over 50% of the votes (see left
margin). The DigiByte team congratulated him for winning and thanked
everyone else for their participation. The proposed winning design
(slightly customised later on to Android and iOS native styling) is shown on
page 68.

62
DGBAT, Digi-ID & Further Development

Digi-ID Officially Launched 11 May 2018

On 11th May 2018, Digi-ID officially launched with the unveiling of an


informative and revamped website at https://www.digi-id.io thanks to
hard work (community-driven) from designers and developers. Damir
Cengic was applauded for his creativity with designing the website. Official
documentation detailing how Digi-ID works, showing third parties how it
can benefit their websites/platforms, how it can be implemented and so
on were made readily available to anyone interested. The DigiByte team
posted the following:
“We want to use the launch of this site to help attract new
developers to the DigiByte community to continue improving the Android
and iOS beta wallets that have Digi-ID functionality built in.

Please share this site with people, companies or services you know of that
might benefit from this technology. We warmly welcome all new developers
and future partners to help us test and implement this DigiByte tech!”

Digi-ID remained one of the main focuses of attention going forward. The
simple authenticator application, without requiring the user to remember
usernames and passwords, is an example of how blockchain technology
can be utilised for much more than just payments.

DigiByte Awareness Team (DGBAT) Founded 18 May 2018 Both Dereck de Mézquita and
Bogdan Alexandru discussed
ways in which to best market,
On 18th May 2018, the DigiByte Awareness Team (DGBAT) was founded as and increase awareness of,
an organised, community-driven outreach and marketing initiative. It had DigiByte in late April 2018.

evolved from DigiByteWhite created in late April 2018. The DGBAT is led They both kickstarted the
by a core team who collaborate to promote the DigiByte blockchain marketing initiative that later
evolved to become the
through education, marketing campaigns and charity events. The original
DigiByte Awareness Team.
DGBAT logo is shown below (current logo is presented on page 60).
In early May 2018, they
created a couple of videos
together showing how to
install the Exodus wallet on
Mac and demonstrated a
real time DGB transaction.

The founding members of the DGBAT were Dereck de Mézquita, Bogdan


Alexandru, Rudy Bouwman, Dean Preston, Frederick @FrederikBf67 and
Andrew @raceytherunner.

63
DGBAT, Digi-ID & Further Development

On 9th July 2018, Jared Tate SPV DigiByte Android Wallet Application Released 9 July 2018
tweeted the following:

“A huge thank you to the


On 9th July 2018, a brand new DigiByte Android wallet application was
#Android devs that helped
make this #DigiByte #blockchain
made available for download from the Google Play Store. It was tagged
wallet possible! It will be version 2.0 (no longer in beta) and had been deferred for quite some time
the fastest mobile wallet you giving developers ample time to implement support for more than fifty
have ever used! 40x faster
languages, Digi-ID, the winning design of Damir Cengic and much more.
than #bitcoin, 10x faster
than #Litecoin wallets!
Download today:
https://play.google.com/store/
apps/details?id=io.digibyte

A big thank you to


@noahseidman @cengic_damir
@dgb_chilling @YoshiJaeger
@ploenne #Ploenne #GTO and
all those who help test it!”
It was now possible for Android mobile phone users to securely store their
DGB in a true simplified payment verification (SPV) official DigiByte wallet
application. SPV is defined as:

“A technique described in Satoshi’s Nakamoto’s paper. SPV allows


a lightweight client to verify that a transaction is included in the
blockchain, without downloading the entire blockchain.”

Huobi Global Exchange Added DGB Trading 20 July 2018

After more than fifty follow ups from the community over one year,
especially Jim (/u/NoWeakHands on Reddit) and Nigel, the Huobi
cryptocurrency exchange initiated DGB trading at 16:00 HKT on 20th July
2018. Two DGB trading pair markets, DGB/BTC and DGB/ETH, went
live. The DGB fiat price was trading around US$0.045 at the time.

https://www.huobi.com/en-us/exchange/dgb_btc (ACTIVE)
https://www.huobi.com/en-us/exchange/dgb_eth (CLOSED)

Huobi is a Seychelles based cryptocurrency exchange. It was founded in


China by co-founders Leon Li and Du Jun in 2013.

64
DGBAT, Digi-ID & Further Development

SPV DigiByte iOS Wallet Application Released 1 August 2018

After its submission to Apple in late December 2017, the upcoming new
DigiByte iOS wallet application was approved for open beta testing on
10th January 2018. Community members interested in beta testing the
application were invited to register their details via an online form.

On 1st August 2018, the DigiByte team enthusiastically announced that


Apple had just approved the DigiByte iOS wallet for addition to the App
Store. The DigiByte developers were highly praised for their hard work
over the last eight months. Josiah Spackman posted the following:

“I am sure you will all join me in thanking the developers


who made all this possible, especially Yoshi, Ploenne, Fredrick, Gary,
Jared and Damir! It’s thanks to their hard work this has all paid off.”

After several days, the application moved from Apple’s ‘TestFlight’


to become officially available for download. There had been many On 2nd November 2018,
delays during which time the team ensured they met all of Apple’s according to historical
requirements. It gave the developers time to completely overhaul the UI/ data sourced from
CoinMarketCap, the top 10
UX, implement Digi-ID, add support for over 50 languages and other things.
cryptocurrencies were:

Bitcoin, BTC = US$6,388.44


US$110,880,160,311.62

Ethereum, ETH = US$200.63


US$20,657,597,538.73
Bitfinex Exchange Added DGB Trading 2 November 2018
XRP, XRP = US$0.4587
US$18,441,683,160.78
A Hong Kong based cryptocurrency exchange called Bitfinex activated DGB Bitcoin Cash, BCH = US$462.01
trading on their platform on 2nd November 2018. It initiated two trading US$8,055,933,853.27
pair markets, DGB/BTC and DGB/USD. Bitfinex is one of the oldest EOS, EOS = US$5.36
exchanges still operational today and was founded in December 2012. US$4,853,449,587.19

Stellar, XLM = US$0.2342


US$4,430,387,943.81
https://trading.bitfinex.com/t/DGB:BTC (CLOSED)
Litecoin, LTC = US$51.33
https://trading.bitfinex.com/t/DGB:USD (ACTIVE est. 02/11/2018)
US$3,028,254,493.89

Cardano, ADA = US$0.07258


US$1,881,885,658.33

Tether, USDT = US$0.9935


US$1,764,877,645.92

Monero, XMR = US$105.78


US$1,749,491,436.63

On the same day, DigiByte was


ranked 38 on CoinMarketCap
with a market capitalisation of
US$239,297,342.03 and
US$0.02175 DGB fiat price

65
DGBAT, Digi-ID & Further Development

First Official DigiByte UK Meetup Occurred 18 November 2018

On 18th November 2018, the first ever official DigiByte UK meetup in


London took place. It was organised by both Stefania Barbaglio (Cassiopeia
Founder) and Stephen P Kendall. It was an event attended by Jared Tate,
members of the DigiByte Awareness Team (Dave Preston and Rudy
Bouwman) and passionate community members (including the hosts of the
Crypto Mug Investors Podcast YouTube channel).

Jared Tate spoke for about fifteen minutes during which time he described
CRYPTO EXCHANGES his journey with DigiByte and how the technology can be used to fix a lot
WHICH ADDED DGB of security vulnerabilities and prevent fraudulent activity. He was humbled
TRADING IN 2018 to see the turnout at the event and praised everyone for their support.

Crex24 (DGB/BTC)
(02/01/2018)
Sequoir Exchange Added DGB Trading 14 December 2018
Cryptopia (DGB/USDT)
(12/07/2018)

Huobi (DGB/BTC) On 10th December 2018, a US based cryptocurrency exchange for instantly
(20/07/2018) and easily swapping digital assets called Vertbase, now known as Sequoir,
Huobi (DGB/ETH)
announced the future addition of DGB to its platform. It would be possible
(20/07/2018) to buy or sell DGB with USD beginning on 14th December 2018. It had
Bittrex (DGB/USDT)
been an early goal to list and support DigiByte by the Vertbase team,
(26/07/2018) mainly impressed by the passionate DGB community and commitment
Bitfinex (DGB/BTC)
towards decentralised blockchain technology.
(02/11/2018)

Bitfinex (DGB/USD)
(02/11/2018)
As promised, the ability to buy or sell DGB directly with the USD began on
HitBTC (DGB/TUSD)
(02/11/2018) Sequoir (see logo to the left) on 14th December 2018. Sequoir is a
non-custodial exchange where users have complete control of their
Sequoir (USD)
(14/12/2018)
assets / private keys. It was also the day on which the DGB fiat price hit its
2018 low at US$0.007640 according to CoinMarketCap price metrics.

Sequoir was established on 8th January 2018 by CEO Justin Seidl with the
primary aim to provide a simple US Dollar to Vertcoin instant buy and sell
platform. On 1st September 2018, it launched for its beta users with the
ability to buy and sell Vertcoin directly with the US Dollar.

66
DGBAT, Digi-ID & Further Development

OTHER HISTORICAL EVENTS On 21st July 2018, after


discussions with Tijo (Arcane
Bear), Josiah Spackman
• On 24th January 2018, Josiah Spackman created his own DigiByte announced another campaign
orientated YouTube channel (over 4,480 subscribers and over to help people in Venezuela.

272,000 views in August 2021). He had recently become a DigiByte In March 2018, a total of 80,000
Foundation Ambassador in New Zealand to help promote, and DGB were generously raised by
the DigiByte community, and
advocate for, the DigiByte blockchain.
then sent to David Hay for him
• On 10th April 2018, Jared Tate gave a presentation about the to spend on the ground. David
Hay was able to give 1,000
history and vision of DigiByte to the ‘MIT Bitcoin Club’ at the
bottles of water to the Red
Massachusetts Institute of Technology in Cambridge, MA. Cross and enough food to feed
160 children at an orphanage
• On 11th June 2018, the non-custodial instant swap exchange service
for one month.
called InstaSwap added support for DigiByte.
After that, brand new tables,
• On 24th June 2018, the ‘Crypto Mug Investors Podcast’ YouTube pens, paper and tablets were
channel was created. donated to a school.

This time Arcane Bear had


• On 9th July 2018, the 10,500,000,000th DGB was created when DGB
been tasked with going to
block 6,925,713 was mined by the Scrypt hashing algorithm. Venezuela to help orphanages,
churches and more.
• On 10th July 2018, DigiByte news updates went live on Blockfolio
Signal. A minimum goal was set
to raise 250,000 DGB for the
• On 14th August 2018, Edge Wallet added support for Tether, Bitcoin relief effort to help as many
people as possible.
Gold, Vertcoin and DigiByte. The latest Edge Wallet release (version
1.3.0) on mobile devices made it possible to trade between US DigiByte community member
Mike Aldy (alias @DGBSoCaL)
Dollar pegged stable coins and other cryptocurrencies (using
created a short video titled
integrated ShapeShift exchange functionality). ‘Humanity Rises—The DigiByte
Community Responds to the
• On 27th August 2018, AntumID announced its future integration of
Crisis in Venezuela’ showcasing
Digi-ID with Antum-ID. The first release scheduled for Q4 2018. how DigiByte had already
made a positive impact.
• On 15th October 2018, DigiByte news updates went live on the
Delta Direct portfolio tracker application.

• On 8th November 2018, the Ellipal hardware wallet service


integrated DigiByte as well as XRP, Litecoin, Dash, Ethereum Classic,
Tether and CyberMiles (Ellipal version 1.6 firmware release).

• On 15th November 2018, Mike Aldy (alias @DGBSoCaL) gave a


presentation about the DigiByte blockchain at the University of
Southern California, USA.

• On 17th November 2018, the DigiCafe mobile POS application for


By the end of 22nd July 2018,
Android was released. The iOS application was later released on over 420,000 DGB (or about
11th December 2018. US$19,240 at the time) had
been raised to help people in
• On 16th December 2018, Travala began to accept DGB as a form of Venezuela. The entire DigiByte
payment allowing people to book holidays. community was applauded67
for their generosity.

67
DGBAT, Digi-ID & Further Development

DIGIBYTE 2018 FIAT PRICE HISTORY

OPEN 2018 DGB Fiat Price 1 January 2018

US$0.07078
HIGH 2018 DGB Fiat Price 7 January 2018

US$0.142889
LOW 2018 DGB Fiat Price 14 December 2018

US$0.00764
CLOSE 2018 DGB Fiat Price 31 December 2018

US$0.01043

Taking into account the opening and closing DGB fiat prices, according to
CoinMarketCap, the price decreased by 85.26% for the year.

On 4th January 2018, the DGB fiat price surpassed US$0.10 for the first
time.

On 7th January 2018, the 2018 high DGB fiat price was the highest ever
recorded price until it was eventually surpassed (over US$0.16 on Binance
and Bittrex) on 17th April 2021.

68
DGBAT, Digi-ID & Further Development

DIGIBYTE 2018 FIAT PRICE CHART

69
DigiByte—Forward Thinking Blockchain Technology

DigiByte Blockchain Fifth Year Anniversary 10 January 2019

Changeangel Swap Exchange Service Added DGB 1 March 2019

ReserveAlgo Upgrade Activated 15 April 2019

DigiByte Blockchain Global Summit Occurred 19 April 2019

First Ever DigiAsset was Created & Issued 19 April 2019

Bitfi Hardware Wallet Added Support for DGB 19 June 2019

First Josiah Spackman DigiByte Update Released 2 July 2019

Odocrypt Upgrade Activation Occurred 22 July 2019

Blockchain 2035 Book Published 1 November 2019

Trust Wallet Added Support for DGB 15 November 2019

70
Odocrypt Activation (Algo Fork Upgrade)

2019
ODOCRYPT ACTIVATION
(ALGO FORK UPGRADE)

SUMMARY

Originally announced to the DigiByte community on 8th November 2018,


code developers from across the globe had been contributing to the
innovative Odocrypt mining algorithm code. Some individuals or groups
had already mined testnet Odocrypt blocks with their FPGA miners. On
2nd May 2019, Jared Tate informed the community about the imminent
release of the seventh major DigiByte Core version and posted the
following about Odocrypt:

“Odocrypt is named after the Star Trek character who is a


shapeshifter. Just like Odo on Star Trek Odocrypt will change itself every
10 days. Thereby discouraging mining hardware manufacturers from building
specialized ASICs leading to mining centralization. While in theory, it is possible
to build an ASIC for Odocrypt, it would not make any economic or business
sense to do so. It makes much more sense to mine it with FPGA’s.”

On 22nd July 2019, the Odocrypt hashing algorithm successfully replaced


Myr-Groestl. It resulted in the sixth hardfork of the DigiByte blockchain
and marked the beginning of the seventh iteration of the network.

Several other major milestones which occurred in 2019 included:

• On 19th April 2019, the first ‘DigiByte Blockchain Global Summit’


occurred in Amsterdam, The Netherlands (see page 73 and 78).

• On 2nd July 2019, the first ‘DigiByte Update’ was created by Josiah
Spackman (see page 75).

• On 1st November 2019, the book titled ‘Blockchain 2035: The


Digital DNA of Internet 3.0’ was published (see page 76).

71
Odocrypt Activation (Algo Fork Upgrade)

On 4th January 2019, Cassiopeia DigiByte Blockchain Fifth Year Anniversary 10 January 2019
Services Ltd, a London-based
public relations and
communications agency, On 10th January 2019, five years since the very first DGB block was mined,
announced the first DigiByte both Jared Tate and Josiah Spackman participated in a livestreamed chat
global summit event. It had
event on YouTube. They reflected on the last five years and discussed the
been scheduled to take place
in Amsterdam, The Netherlands potential of the DigiByte blockchain going forward. In particular, news
on 19th April 2019. At the concerning the upcoming algorithm swap to Odocrypt. Developer
time, the confirmed speakers MentalCollatz was heavily praised for his innovative code making it all
included Jared Tate, Stefania
possible. Odocrypt was MentalCollatz’s original idea.
Barbaglio (official DigiByte PR)
and Rudy Bouwman (DGBAT Also during the eighty two minute livestream, other topics were discussed
core member). Stefania
including DigiAssets, future DigiByte Core code protocol upgrades and the
Barbaglio posted the following:
upcoming book titled ‘Blockchain 2035: The Digital DNA of Internet 3.0’.
“Cassiopeia is thrilled to be
organising and hosting the first
ever DigiByte Summit next
April. DigiByte represents the
true power of decentralised
technology: It offers top
security, performs transactions
faster than any other crypto
and has one of the strongest
user case available in the
crypto market. Blockchain
technology has unlocked a new
era where decentralised
networks and markets
Changeangel Swap Exchange Service Added DGB 1 March 2019
empower individuals and
change society and the
global economy.
On 1st March 2019, following weeks of preparation, the crypto to crypto,
This summit is a unique
wallet to wallet, non-custodial swap exchange service called Changeangel
opportunity for anyone
involved in blockchain to hear went live with the mission to create sustainable ways to support non-ICO,
from the best in the area.” open-source and decentralised blockchains. It launched allowing users to
swap between eight cryptocurrencies (BTC, ETH, DGB, LTC, DOGE, DCR,
POT, GRS) and one stablecoin (USDC). The swap service regularly donates
trading fees back to their respective communities. According to their
official website, the main reason for using Changeangel is:

“We are not a wallet service. We are non-custodial. This means


we don’t hold your cryptocurrency. As you swap to your favourite
cryptocurrency using Changeangel, we donate to those projects as well.”

On 17th March 2019, the


stand-alone and free Digi-ID/
AntumID Authenticator &
Password Generator Application
was added to the Google Play
Store. It was developed by
Matthew Cornelisse.

72
Odocrypt Activation (Algo Fork Upgrade)

ReserveAlgo Upgrade Activated 15 April 2019 “This will be mostly of


interest to pool-operators,
as we prepare the way for
On 24th February 2019, DigiByte Core version 6.17.2 (ReserveAlgo hashing algorithm
upgrade) was released primarily to ensure the future smooth transition to replacements. We need to get
pool operators running DigiByte
Odocrypt. The source code and binaries were made available on the
Core 6.17.2+ so that we can
official DigiByte Github repository (see right for ReserveAlgo description). ensure a smooth transition
down the road to Odocrypt
Following the release of DigiByte Core version 6.17.2 on 24th February
and/or other algorithms. No
2019, many members of the community contacted mining pools to get official plans have yet to be
them to update to this recent release. On 8th April 2019, code changes confirmed for an algo swap.
locked in with at least 70% of all DGB blocks, within the past week, No block has ever been
signalling support for the ReserveAlgo upgrade. One week later, at block mined on DigiByte with a
number 8,547,840 (see above), the ReserveAlgo upgrade activated laying non-standard SCRYPT version,
but the code currently allows
the necessary foundations to easily and safely replace Myr-Groestl with
it. This is problematic for
Odocrypt in a future DigiByte Core release. algo-swap hard-forks, so to
make the upcoming hard-fork
easier we do a soft-fork now
Block #8,547,840 (Reward 712.00510746 DGB) April 15th 2019 10:42:37 UTC that forbids non standard
SCRYPT versions. We’ll
need miners to upgrade.”

DigiByte Blockchain Global Summit Occurred 19 April 2019 “Hi everyone and thank
you very much for attending
the first global DigiByte
On 19th April 2019, the first ‘DigiByte Blockchain Global Summit’ occurred summit. It’s great to see so
in Amsterdam, The Netherlands (see photo on page 78). It was generously many faces here which is a
testimony of the power of
sponsored by Vertbase (now Sequoir) and supported by others. Stefania
decentralization and how
Barbaglio (official PR for DigiByte) opened proceedings (see right margin). far DigiByte has gone since
2014. So today we are going
After Stefania spoke , Jared Tate was honoured to be in Amsterdam in the
to have some key members
presence of fellow DigiByte enthusiasts. He welcomed everyone, some of of the DigiByte team such as
whom had travelled far, for being there. He went on to talk about what the founder Jared Tate, Rudy
DigiByte had achieved so far and the state of the DigiByte blockchain. Bouwman and also Josiah
Spackman (will be joining us
Other professionals heading the development of third party services on by Skype). And we will be
top of the DigiByte blockchain next gave presentations including: talking about the latest
progress and development
of the technology, but also
• Rudy Bouwman (DigiCorp Labs Chief Blockchain Operations Officer)
they will be sharing their
• Jan Muyldermans (DigiCorp Team Member) experience and contribution
to DigiByte. Then there will be
• Justin Seidl (CEO & Co-founder of Sequoir) some other professionals
who have been developing
• Josiah Spackman (Former DigiByte Blockchain Ambassador) applications to integrate
DigiByte. They will be giving
• Brian Foote (CEO of HUMBL) speeches and presentations.”

73
Odocrypt Activation (Algo Fork Upgrade)

First Ever DigiAsset was Created & Issued 19 April 2019

Half way through the first ‘DigiByte Blockchain Global Summit’ , Jared Tate
spent around twenty minutes running through the upcoming Odocrypt
algorithm fork or swap (no set release date at the time). After that, he
talked about ‘DigiAssets: Securing the Internet of Value’ during which time
he used DigiVault to create the very first DigiAsset called #DigiTorch. The
second DigiAsset was also created called #DigiFlame. The #DigiFlame and
#DigiTorch were issued to Rudy Bouwman and Brian Foote, the CEO of
HUMBL, respectively. A tangible DigiTorch was given to Brian Foote in
recognition of Block 30 Labs building real world commercial applications
using DigiAssets.

After receiving the DigiByte Torch of Innovation, Brian Foote showcased


what Block 30 Labs (a Californian based company that closed in January
2021) had been doing to create a marketplace for the general public to
On 30th May 2019, easily acquire and manage digital assets.
according to historical
data sourced from
CoinMarketCap, the top 10
cryptocurrencies were:

Bitcoin, BTC = US$8,319.47


US$147,525,141,134.05

Ethereum, ETH = US$255.86


US$27,194,892,740.72
Bitfi Hardware Wallet Added Support for DGB 19 June 2019
XRP, XRP = US$0.4224
US$17,789,891,579.91

Bitcoin Cash, BCH = US$424.62


On 19th June 2019, the Bitfi cryptocurrency hardware wallet integrated
US$7,563,129,805.63 support for DigiByte. The wireless and secure device allows a user to send
EOS, EOS = US$7.37
and receive DGB, as well as Bitcoin, Ethereum, Dogecoin and Monero,
US$6,756,043,363.60 without private keys being stored anywhere. Jared Tate tweeted the
Litecoin, LTC = US$108.80
following after hearing the news:
US$6,746,180,187.02
“It is truly amazing to know I can send 1 million USD worth of $DGB to
Binance Coin, BNB = US$32.29 my brain w/ @TheBitfi & no thief, hacker or government could take it from
US$4,558,706,819.11 me since it only exists in my mind. This is the real definition of financial
liberty & the true power of a #decentralized #blockchain”
Bitcoin SV, BSV = US$184.70
US$3,289,282,117.83

Tether, USDT = US$1.00


US$3,125,081,885.27

Stellar, XLM = US$0.1301


US$2,510,323,671.25

On the same day, DigiByte was


ranked 49 on CoinMarketCap https://bitfi.com/
with a market capitalisation of
US$173,007,682.36 and Bitfi launched in 2018 and released the second version of their hardware
US$0.01459 DGB fiat price wallet called ‘Bitfi Knox’ in March 2019.

74
Odocrypt Activation (Algo Fork Upgrade)

First Josiah Spackman DigiByte Update Released 2 July 2019

After receiving encouragement from a friend, Josiah Spackman began to


publish daily DigiByte update videos on his official YouTube channel on
2nd July 2019. Josiah Spackman spoke about the upcoming Odocrypt algo
fork and the details about the activation process in the first update. At this
time, the number of blocks signalling support for the upgrade was
approximately 69.4% since the beginning the latest 40,320 block period
(the Odocrypt upgrade did not “locked_in” at block number 9,031,680).

Also on 2nd July 2019, block number 9,000,000 (see below) was mined and
subsequently added to the DigiByte blockchain. The block was extracted
by the F2Pool mining pool using the Skein hashing algorithm.

Block #9,000,000 (Reward 665.63977419 DGB) July 2nd 2019 14:57:42 UTC

Odocrypt Upgrade Activation Occurred 22 July 2019 On 22nd July 2019, the DigiByte
Awareness Team tweeted:

“We are so proud of the


On 3rd May 2019, DigiByte Core qt wallet version 7.17.2 was released. It
DigiByte developers and
was a mandatory requirement for every wallet user, exchange, mining pool miners and community! They
and other third party service using the software to update as soon as have worked so hard and in
possible. The new code protocol changes had been scheduled to activate cooperation to be able to
reach this next important
at block number 9,100,000 if and only if at least 70% of blocks, within a
milestone! Well done!
40,320 block period, had signalled support for the upgrade. #LoveFromDigiByte!”

The activation of both Odocrypt and the Dandelion privacy protocol was
getting closer with much anticipation from the community. Just thirty
minutes before activation, Jared Tate and Josiah Spackman began to
participate in a livestream on YouTube. Noah Seidman also joined the
livestream later on.

On 22nd July 2019, the Odocrypt hashing algorithm successfully replaced


Myr-Groestl. DGB blocks began to quickly timestamp to the blockchain
after block 9,112,320 had been mined and extracted by the solomining.io
mining pool. It was the sixth hardfork of the DigiByte blockchain and
marked the beginning of the seventh iteration of the network.

Block #9,112,320 (Reward 665.63977419 DGB) July 22nd 2019 01:00:22 UTC

75
Odocrypt Activation (Algo Fork Upgrade)

On 26th November 2019,


Blockchain 2035 Book Published 1 November 2019
Jared Tate tweeted a video
message in which he said:
On 31st October 2019, the eBook version of ‘Blockchain 2035: The Digital
“Hey everyone Jared Tate here,
founder of the DigiByte
DNA of Internet 3.0’ was released and then sent to all those who had
blockchain and the author of pre-ordered it. It had taken about 16 months for the co-authors Jared Tate
‘Blockchain 2035’. I want to say and Andrew Knapp to complete it. Jared Tate tweeted:
thank you to everyone who
pre-ordered a hardback version “The @blockchain2035 eBook is out! Everyone who pre-ordered
of ‘Blockchain 2035’. We just should of received an email with a download link. There are three formats
got our main ordering yesterday available, PDF, ePub and mobi format. If anyone has issues let me know. You
of several hundred books. We can order it here: https://blockchain2035.com”
already shipped over 150
yesterday and today, and we
On the following day, the paperback version became available to buy on
will be shipping the remaining
orders throughout the rest
Amazon. The book’s publisher is BlueShed LLC. Also, the book has 510
of today and maybe a few pages and is ‘15.24 x 3.25 x 22.86 cm’ in size.
tomorrow. We did order a
bunch of extra ones, so if you “Blockchain 2035 is the first book of its kind, written by the founder of
have not got a copy yet, head a battle-tested blockchain and a former intelligence analyst. These two
to blockchain2035.com and perspectives address both the technical and political impacts that this
you can pick yourself up a technology will have and how it will be pivotal in the broader world.”
copy there.

As you can see, it’s a very in


depth book. It’s over 500
pages. We talk about
everything from the future of
quantum computers, where
blockchain and cryptography Trust Wallet Added Support for DGB 15 November 2019
really began, all the way to
geopolitics. So it’s not just
about DigiByte. DigiByte is On 15th November 2019, Trust Wallet added support for DigiByte. It gave
probably only about 5% of this community members another way to easily buy, store and manage their
book. It really is about artificial
intelligence, the Internet of
DGB on either an Android or iOS mobile device.
Things, and what the world
might look like by the year
2035.”

Trust Wallet was founded in 2017 and its parent organisation is Binance
Holdings Limited.

76
Odocrypt Activation (Algo Fork Upgrade)

OTHER HISTORICAL EVENTS CRYPTO EXCHANGES


WHICH ADDED DGB
• On 23rd February 2019, Coinomi became the first multi-chain wallet TRADING IN 2019
service to implement support for Digi-ID. BitTurk (DGB/TRY)
(07/01/2019)
• On 13th March 2019, an OTC trading company called i2 Trading
CoinField
added support to trade DGB with USD, EUR, GBP and YEN. It
(USD, CAD, GBP & EUR)
provided liquidity for large trade sizes. (11/01/2019)

• On 13th April 2019, DigiByte was added to the augmented reality Bittrex (DGB/USD)
game called Aircoins. It is a game available on Android and iOS (17/01/2019)

devices allowing users to search for and collect DGB and other coins Probit (DGB/BTC)
by interacting with virtual objects in the real world. (22/01/2019)

Bitvavo (DGB/EUR)
• On 18th April 2019, the Digi-ID/AntumID plugin application was (08/03/2019)
approved for the Microsoft Edge web browser. It was the first
CryptoFacil (DGB/BTC)
blockchain password plugin added to the Microsoft store.
(11/03/2019)
• On 1st May 2019, the Digi-ID/AntumID Authenticator & Password Sequoir (EUR & GBP)
Generator Application was added to the Apple App Store. (01/05/2019)

Probit (DGB/KRW)
• On 23rd May 2019, the Scrypt Skynet YouTube channel (now called
(28/05/2019)
DigiVerse) was created.
Poloniex (DGB/USDT)
• On 25th June 2019, DigiByte went live on NOWPayments. (09/07/2019)

• On 9th July 2019, the ZelCore multi-asset wallet integrated DigiByte. CoinEx (DGB/BTC)
(27/07/2019)
• On 16th August 2019, the https://createdigiassets.com DigiAssets
CoinEx (DGB/BCH)
tool opened to the public. (27/07/2019)

• On 19th August 2019, DigiByte was added to the new ShapeShift CoinEx (DGB/USDT)
platform and integrated into the KeepKey hardware wallet. (19/08/2019)

BitMart (DGB/BTC)
• On 4th September 2019, AntumID released the pro version of the
(15/10/2019)
AntumID DigiPasswordPlugin. It is a paid service with funds raised
DigiFinex Global (DGB/USDT)
sent to support the DigiByte Awareness Team.
(22/11/2019)
• On 27th September 2019, DigiByte became available on CoinKit. It Pionex (DGB/BTC)
is a social media tipping bot for sending cryptocurrency. (22/11/2019)

• On 30th September 2019, ClemR announced the launch of the VCC Exchange (DGB/BTC)
(25/11/2019)
website https://digi-broker.com as a DigiAssets marketplace.
VCC Exchange (DGB/USDT)
• On 17th October 2019, the SecuX cryptocurrency hardware wallet (25/11/2019)
(V20, W20 and W10) added support for DigiByte. SecuX was
founded in Hsinchu, Taiwan in May 2018.

• On 13th November 2019, DigiByte went live on Metal Pay.

• On 20th November 2019, Nelson Carreiro created his first ever


DigiByte comic strip and it was published by NelWorks. He
continues to create comics related to DigiByte.

77
Odocrypt Activation (Algo Fork Upgrade)

DIGIBYTE 2019 FIAT PRICE HISTORY

OPEN 2019 DGB Fiat Price 1 January 2019

US$0.01046
HIGH 2019 DGB Fiat Price 30 May 2019

US$0.01682
LOW 2019 DGB Fiat Price 31 December 2019

US$0.005129
CLOSE 2019 DGB Fiat Price 31 December 2019

US$0.005287

Taking into account the opening and closing DGB fiat prices, according to
CoinMarketCap, the price decreased by 49.46% for the year. The DGB fiat
price had decreased by 96.3% from the 2018 high recorded at US$0.1429
on 7th January 2018.

The opening and closing DigiByte market capitalisations for the year were
approximately US$118,000,000 and US$67,000,000 respectively.

78
Odocrypt Activation (Algo Fork Upgrade)

DIGIBYTE 2019 FIAT PRICE CHART

79
DigiByte—Forward Thinking Blockchain Technology

DigiByte Foundation Officially Registered 28 February 2020

Revamped Official DigiByte Website Went Live 26 March 2020

DigiByte Community Infopaper Published 29 April 2020

Binance Exchange Added DGB Trading 22 June 2020

DigiByte Foundation Launched the DigiBee Platform 14 July 2020

2020 High DGB Fiat Price Recorded 15 August 2020

DigiByte iOS Wallet Application v2.0.0 Released 21 October 2020

Nigel Borreman Joined the DGB Foundation 1 November 2020

DigiVerse ‘DigiByte Comm Talk’ Began 19 November 2020

Sydney Ifergan Joined the DGB Foundation 20 December 2020

80
DigiByte Foundation Incorporation

2020
DIGIBYTE FOUNDATION
INCORPORATION

SUMMARY

Six years had passed since Jared Tate laid the foundations of the DigiByte
blockchain, initially as an experiment in his garage in Idaho, back in
November 2013. All the major DigiByte Core code protocol upgrades,
since the first hardfork (DigiShield) activated on 28th February 2014, had
been implemented to increase the decentralisation, scalability and security
of the network. DigiShield, MultiAlgo, MultiShield, DigiSpeed, DigiSync and
Odocrypt, in that order, were forward thinking steps taken to improve the
DigiByte blockchain, rather than launch a brand new chain.

DigiByte community enthusiasm and participation remained strong during


2020 with countless new users of the DigiByte Core, Android and iOS
wallets. Josiah Spackman regularly kept the community updated with the
latest news via his ‘DigiByte Update’ videos on YouTube.

As for the DGB fiat price, it had decreased from US$0.1429 on 7th January
2018 to US$0.002532 on 13th March 2020 (a 98.2% decrease). It slightly
recovered to close the year at US$0.02497 according to CoinMarketCap.

Several major milestones which occurred in 2020 included:

• On 28th February 2020, the DigiByte Foundation officially registered


as a legal entity in The Netherlands (see page 82).

• On 22nd June 2020, the Binance cryptocurrency exchange activated


three DGB trading pair markets (see page 83).

• On 21st October 2020, the DigiByte iOS wallet application upgrade


(v2.0.0) was released with DigiAssets support (see page 85).

81
DigiByte Foundation Incorporation

CRYPTO MUG INVESTORS DigiByte Foundation Officially Registered 28 February 2020


GUESTS IN 2018/19/20
Laura Taylor
On 18th February 2020, the DigiByte Foundation, before it was officially
(4th November 2018)
registered, formed a strategic partnership with Safe Haven. Safe Haven is
Josiah Spackman
a digital-asset management organisation that primarily focuses on building
(27th January 2019)
crypto-asset solutions including their flagship decentralised inheritance
Josiah Spackman solutions on the blockchain. The DigiByte Foundation posted:
(8th March 2019)

DigiByte Dan “We are also very grateful to announce Safe Haven as a Gold partner
Laura Taylor in their sponsoring of the DigiByte Foundation. With the Safe Haven
(10th March 2019) contribution, they are supporting DigiByte and further development of the
ecosystem. DigiByte will maintain commitment to the Safe Haven community
Stephen P Kendal by securing a Safe Haven Legacy Node for the next 24 months.”
(13th March 2019)

Mike Aldy At this time, AntumID and V-ID were golden sponsors of the DigiByte
(16th March 2019) Foundation too (Vertbase Platinum and ForgingBlocks Silver).
Josiah Spackman
A major milestone helping to protect and promote the true principles of
(5th May 2019)
decentralisation, and empower the DigiByte community, occurred on 28th
Dean Preston
February 2020. The DigiByte Foundation was officially registered as a legal
(20th May 2019)
entity in The Netherlands. Hans Koning, Rudy Bouwman and Rutger
Noah Seidman
Krijnen ‘Signed, sealed and delivered!’ the documentation (see photo on
(9th June 2019)
page 88) creating the volunteer managed (non-profit) organisation.
Jared Tate
(26th September 2019)

Josiah Spackman Revamped Official DigiByte Website Went Live 26 March 2020
(28th December 2019)

Jared Tate
(8th January 2020) Code developers, graphic designers and others had been putting together
a brand new official DigiByte website. On 21st March 2020, the beta
Josiah Spackman
(19th April 2020) version was released at https://dgbio.digibyteservers.io for the community
to have their say, find bugs and send feedback to the official DigiByte
Stephen P Kendal
(22nd April 2020) Github repository. People were also being sought after to translate the
official website material into many different languages.
Rudy Bouwman
Jan Muyldermans On 26th March 2020, the new official DigiByte website went live (the top
(1st May 2020)
of the www.digibyte.io homepage is shown on page 87). Both Digi-ID and
Noah Seidman DigiAssets are visible as text on the homepage. At the time, it was
Jan Muyldermans
possible to read the website in English, Dutch, Turkish and Czech.
(9th May 2020)

Noah Seidman
Before the revamped official DigiByte website went live on 26th March
(26th May 2020) 2020, a community-driven effort to translate its content into different
languages was well underway. By the end of March 2020, a total of eleven
languages had been added. Both Nigel Borreman (DigiByte Foundation
Communication Manager) and Murat Akyurt (Core Team & DGBAT) were
then tasked with integrating the languages into the website.

82
DigiByte Foundation Incorporation

DigiByte Community Infopaper Published 29 April 2020

On 29th April 2020, the first version of the ‘DigiByte Community Infopaper’
was released at https://digibyte.io/#docs as an educational resource for
people to learn more about DigiByte. It is an eighteen page document
written by Josiah Spackman. Both Demi and Nigel Borreman were thanked
for their input into making it more visually appealing.

Binance Exchange Added DGB Trading 22 June 2020 Hans Koning was pleased about
the news that it had become
possible for traders to buy
After countless community requests, the Binance cryptocurrency exchange or sell DGB on Binance. On
finally activated DGB trading on their trading platform. Three trading pair 22nd June 2020, he said:

markets, DGB/BTC, DGB/BNB and DGB/BUSD, went live at 14:00 UTC on “Binance has decided to list
22nd June 2020. The exchange had recently asked their community to DigiByte. That is excellent,
excellent news! The reason
suggest future additions, and the DigiByte community made their voices
why I’m so excited and happy
heard. No fee had been paid to Binance to activate DGB trading there. about it is that Binance asked
its community what coins
would you like listed and
Binance listened to the
community. I think credit
where credit is due. Binance
well done! That’s really nice,
that’s really great that you’ve
https://www.binance.com/en/trade/DGB_BTC (ACTIVE est. 22/06/2020)
listened to the community. It’s
https://www.binance.com/en/trade/DGB_BNB (CLOSED)
in the spirit of decentralisation
https://www.binance.com/en/trade/DGB_BUSD (ACTIVE est. 22/06/2020)
and I really want to commend
https://www.binance.com/en/trade/DGB_USDT (ACTIVE est. 20/07/2020)
and applaud you for that.”

Binance is one of the biggest, if not the biggest, cryptocurrency exchanges


in the world. In summer 2021, the daily trading volume was regularly in
the tens of billions of US Dollars across hundreds of trading markets. It
was founded in 2017 by CEO Changpeng Zhao.

83
DigiByte Foundation Incorporation

On 24th June 2020, Josiah DigiByte Foundation Launched the DigiBee Platform 14 July 2020
Spackman talked during a
livestream with CryptoWendyO
on the ’The O Show’ at On 14th July 2020, the DigiByte Foundation opened registrations for
13:30 PST. They discussed members of the DigiByte community to become DigiBees. DigiBees are
the recent addition of DigiByte
asked to vote on important foundation decisions, including how
to Binance and other topics.
foundation funds are spent. Initially, it cost US$9.50 (minimum per year)
to become a DigiBee. The DigiByte Foundation tweeted the following:

“The #DigiByte Foundation donation and #DigiBee


registration (optional) platform is live! Choose how to allocate your
donation! Real time balances and honorable mention on our website
will follow. Registration as ‘DigiBee’ entitles future voting.”

On 15th August 2020,


according to historical
data sourced from The DigiByte Foundation donation platform allows people to contribute
CoinMarketCap, the top 10
DGB to help improve DigiByte as a decentralised project. Donors decide
cryptocurrencies were:
where funds are spent (marketing, code development, events and so on).
Bitcoin, BTC = US$11,865.70
US$219,064,372,745.26

Ethereum, ETH = US$433.35


US$48,620,820,124.53
2020 High DGB Fiat Price Recorded 15 August 2020
XRP, XRP = US$0.2997
US$13,460,371,199.83

Tether, USDT = US$1.00


On 15th August 2020, the 2020 high DGB fiat price was recorded at
US$10,008,541,471.73 US$0.03783 according to CoinMarketCap. It resulted in the DigiByte
Chainlink, LINK = US$19.10
market capitalisation surpassing US$500 million again. What follows is a
US$6,684,562,684.80 table of historical DGB/USDT trading prices on the top five performing
Bitcoin Cash, BCH = US$303.00
(USDT daily trading volume) trading pairs, according to figures sourced
US$5,602,803,464.87 from CryptoCompare on 15th August 2020. The DGB/USDT trading pair
market on Binance had become the most popular:
Bitcoin SV, BSV = US$224.04
US$4,142,291,748.83
Open High Low Close Volume
Exchange
Litecoin, LTC = US$59.93 (USDT) (USDT) (USDT) (USDT) (USDT)
US$3,910,281,206.18
Binance 0.03442 0.03789 0.03220 0.03539 3,100,000
Cardano, ADA = US$0.1383
OKEx 0.03451 0.03803 0.03336 0.03533 1,200,000
US$3,585,803,602.18
DigiFinex 0.03465 0.03776 0.03353 0.03541 953,680
EOS, EOS = US$3.73
US$3,492,499,476.48 CoinEx 0.03468 0.03800 0.03320 0.03519 939,301

On the same day, DigiByte was Bittrex 0.03482 0.03781 0.03336 0.03555 367,471
ranked 36 on CoinMarketCap
with a market capitalisation of The DGB fiat price had increased from its 2020 low at US$0.002532 (13th
US$477,353,674.98 and March 2020) to its 2020 high at US$0.03783 (15th August 2020).
US$0.03549 DGB fiat price

84
DigiByte Foundation Incorporation

DigiByte iOS Wallet Application v2.0.0 Released 21 October 2020

On 31st May 2020, the DigiByte iOS wallet application had just been
submitted to Apple for approval. The community expected it to be
available for TestFlight public download very soon.

On the following day, the DigiByte iOS wallet application (v2.0 beta) was
released on Apple public TestFlight with support for DigiAssets. Members
of the community were encouraged to download it, take the necessary
precautions, and help test it. Josiah Spackman publicly praised all internal
testers who had contributed to get the application to this stage:

“Big thanks to Yoshi, Ploenne, Nigel, Rutger and all those


who’ve helped with internal testing prior to this public TestFlight. It’s
so great to see and we’re all grateful for the countless hours and
hard work put in to getting it to where it is today!”

Following testing and feedback of the DigiByte iOS wallet application on


public TestFlight since 1st June 2020, the full public version (out of beta)
was released with DigiAssets support on 21st October 2020. The DigiByte
community, especially Yoshi Jaeger and Nigel Borreman, was thanked for
their commitment towards it.

Nigel Borreman Joined the DGB Foundation 1 November 2020

Nigel Borreman became the first member of DigiByte Foundation Advisory


Board as Communication Manager on 1st November 2020. The majority of
DigiBees had voted in favour of his appointment. Nigel had been heavily
involved with DigiByte for over three years. On hearing the news himself
after the DigiBee vote, he tweeted the following:

“I am happy to announce that I will join the DigiByte Foundation as Communication


Manager! Thank you everyone who voted for me. I will be responsible for the
website, social media, email correspondence and many more things.

This will be the next step to take the Foundation and DigiByte to a higher
level and provide even better communication and transparency.”

85
DigiByte Foundation Incorporation

DigiVerse ‘DigiByte Comm Talk’ Began 19 November 2020


DIGIVERSE ‘DIGIBYTE
COMM TALK’ EPISODE
GUESTS IN 2020 On 19th November 2020, the first episode of the ‘DigiByte Comm Talk’ was
Mike Aldy (@DGBSoCal) livestreamed on the DigiVerse YouTube channel. Host Scrypt Skynet
(19th November 2020) interviewed Mike Aldy (Twitter alias @DGBSoCal) who had been part of
@coolshoeshine2 (Made By Ozzy) the DigiByte community for several years. Scrypt Skynet had been
(20th November 2020) promoting and increasing awareness of DigiByte on this YouTube channel
Calvin Weight (Coinbook) since May 2019. He is a member of the DigiByte Awareness Team.
(23rd November 2020)

Torrey Grossman
(23rd November 2020)

CryptyGirl
ZepplinPass
DigiTronic
(25th November 2020)

DubDigital
(26th November 2020)

The Economic Ninja


Silvertooth
Other people in the community were also promoting DigiByte, either by
Josiah Spackman creating content on YouTube or in other ways.
Blinddave Crypto
ZepplinPass
(28th November 2020)

Faze Crypto
(3rd December 2020) Sydney Ifergan Joined the DGB Foundation 20 December 2020
Matt (CryptoCurrently)
(6th December 2020)
Sydney Ifergan became the second member of the DigiByte Foundation
The DigiByte Brothers
Michael Moore
Advisory Board as Marketing Advisor on 22nd December 2020. He posted
GHines11 the following after his appointment:
(14th December 2020)
“I am excited to be a part of the DigiByte team as its Marketing Manager from
Economic Ninja this month onwards. A name of great promise in the current crypto scene, DigiByte
(21st December 2020) has already earned rave reviews for its superior speed and most decentralized
UTXO blockchain. In fact, it’s one of a handful of coins today that actually boasts a
real active community. Other reasons why I am pinning my hopes on DigiByte is
its highly affordable fees and of course its bevy of advanced security features. I
am really honoured to join the advisory board of DigiByte Foundation.”

86
DigiByte Foundation Incorporation

OTHER HISTORICAL EVENTS

• On 1st February 2020, ForgingBlock announced it had formed


a partnership with the DigiByte Foundation. It is a decentralised
cryptocurrency payment gateway service.

• On 27th February 2020, the DGB/BTC and DGB/USDT trading pair


markets activated on the STEX cryptocurrency exchange.

• On 27th March 2020, the D’CENT multi-cryptocurrency wallet


platform became an affiliate of the DigiByte Foundation.

• On 4th May 2020, OPOLO Hardware Wallet integrated support for


DigiByte.

• On 13th May 2020, the KuCoin exchange opened the DGB/USDT


trading pair market.

• On 24th May 2020, the CryptyGirl YouTube channel was created.

• On 20th July 2020, the Binance exchange opened the DGB/USDT


trading pair market.

• On 13th August 2020, DGB/VND trading activated on VCC Exchange.

• On 1st September 2020, a book titled ‘Build Your Own Bank: For
2020 & Beyond With Silver, Gold, Bitcoin, Litecoin & DigiByte’ was
published on Amazon. It was written by Aeon Schmidt.

• On 15th September 2020, the Coinbase Rosetta GO SDK was ported


to JavaScript thanks to hard work from Yoshi Jaeger.

• On 14th November 2020, it was announced that the Rosetta


integration for Coinbase had been completed thanks to Yoshi Jaeger
and George Mueller.

• On 25th November 2020, DGB/IDR trading activated on Indodax.

87
DigiByte Foundation Incorporation

DIGIBYTE 2020 FIAT PRICE HISTORY

OPEN 2020 DGB Fiat Price 1 January 2020

US$0.005293
HIGH 2020 DGB Fiat Price 15 August 2020

US$0.03783
LOW 2020 DGB Fiat Price 13 March 2020

US$0.002532
CLOSE 2020 DGB Fiat Price 31 December 2020

US$0.02497

Taking into account the opening and closing DGB fiat prices, according to
CoinMarketCap, the price increased by 371.8% for the year.

Other price milestones during the year were:

• On 23rd April 2020, the DGB fiat price returned to over US$0.01 for
the first time since 11th August 2019.

• On 31st December 2020, the DigiByte market capitalisation was


approximately US$350,000,000.

88
DigiByte Foundation Incorporation

DIGIBYTE 2020 FIAT PRICE CHART

89
DigiByte—Forward Thinking Blockchain Technology

DigiByte Blockchain Seventh Year Anniversary 10 January 2021

‘DigiByte: Rising’ Documentary Video Released 15 February 2021

Official DigiByte Website Migrated to digibyte.org 18 March 2021

Jeremy Neren Joined the DGB Foundation 24 March 2021

DigiByte Foundation Formed Partnership with LCX 14 April 2021

2014-2021 High DGB Fiat Price Recorded 1 May 2021

Crypto.com Added Support for DGB 12 May 2021

Josiah Spackman Left the DigiByte Community 5 August 2021

DigiCorp Labs Went Live 11 November 2021

DigiByte Alliance Formation Announced 21 December 2021

90
Seventh Year Anniversary & Beyond

2021
SEVENTH YEAR
ANNIVERSARY & BEYOND

SUMMARY

Despite the ongoing global Coronavirus pandemic and restrictions, the


DigiByte community continued to contribute to the DigiByte blockchain
and advocate for how it can be leveraged to secure data and identities, and
as an authentication tool (Digi-ID) to log in to applications and websites.

Both Josiah Spackman and Scrypt Skynet, who had created a lot of DigiByte
related content on their respective YouTube channels, left the community
during summer 2021.

Two major use cases of blockchain technology pushed further into the
mainstream during the year. They are NFTs (non-fungible tokens) and
metaverses. It once again signified how blockchains can be used besides
just for simply transferring wealth across the world.

Several major milestones which occurred in 2021 included:

• On 3rd February 2021, 14,000,000,000 DGB had been mined.

• On 5th March 2021, the DigiByte Alliance was registered as a


non-profit corporation in the state of Wyoming, USA (see page 96).

• On 1st May 2021, the DGB fiat price recorded its 2014-2021 high
at US$0.1825 according to CoinMarketCap (see page 94).

• On 11th November 2021, the official DigiCorp Labs website went


live with details about the DigiMetaverse (see page 96).

Going forward, the DigiByte Core code protocol will be updated to improve
and optimise its functionality (version 8.22).

91
Seventh Year Anniversary & Beyond

DigiByte Blockchain Seventh Year Anniversary 10 January 2021

On 10th January 2021, the DigiByte blockchain had been operational for
seven years and the official DigiByte Twitter account tweeted:

“Happy birthday #DigiByte! Happy birthday to everyone! $DGB is now a


7 year old #blockchain powered by people like you all around the world. Without
you none of this would be possible. Enjoy the day & community livestream.”

As scheduled, a livestream took place on YouTube to celebrate the 7th


anniversary on 10th January 2021. DigiByte community members who
participated in the event were Matthew Cornelisse, Josiah Spackman, Rudy
Bouwman, Rutger Krijnen, John Song, Mike Aldy, Laura Taylor, Michelle
Dougherty, Hans Koning, Scrypt Skynet, CryptyGirl and Lenny SC.

‘DigiByte: Rising’ Documentary Video Released 15 February 2021

On 15th February 2021, the first ever DigiByte ‘mini—documentary’ was


published titled ‘DigiByte: Rising’. It was edited and produced by Bogdan
Alexandru, one of the co-founders of the DigiByte Awareness Team, and
sponsored by Changeangel.

On 23rd February 2021, the


Bittrex exchange opened the
DGB/EUR trading pair market.

Jared Tate publicly applauded The documentary begins with Bogdan Alexandru sending 100 DGB
Bittrex for being the oldest and
longest standing exchange
(received in seconds) to Laura Taylor. It promotes what DigiByte is, how it
supporting DigiByte. Five DGB began in late 2013 and features clips of notable members in the DigiByte
trading pair markets are community. Laura Taylor is quoted as saying the following in the video:
currently active on Bittrex
(USDT, USD, BTC, ETH and “How much does it cost to send DigiByte? Well an example of that , at
EUR in late 2021). block 7,658,349, a user sent 342 million DGB, and at the time that was worth
about 6 million US Dollars. It cost less than half a penny and only took a couple
of seconds to confirm. That’s pretty fast, that’s pretty cheap.”

92
Seventh Year Anniversary & Beyond

Official DigiByte Website Migrated to digibyte.org 18 March 2021


On 1st March 2021,
Changeangel donated 3,100
DGB to the DigiByte Awareness
Members of the DigiByte community had been collaborating to secure Team and another 3,100 DGB
a new domain address for the official DigiByte website. On 18th March to the DigiByte Foundation.
2021, all content from www.digibyte.io migrated to www.digibyte.org Changeangel thanked
without any issues. Josiah Spackman posted: both of them for everything
they do for the amazing
“Yes, the digibyte.org domain is now LIVE! A very big thank you DigiByte community.
to John, DGBAT, Glenn, Changeangel, Jin, Divyam and Murat for
It was also the day when
banding together and purchasing this domain. It’s now registered
Changeangel celebrated its
for the next decade which is super awesome as well.”
second birthday since its instant
swap exchange service went
The official DigiByte website homepage in March 2021 is shown below:
fully operational. It had added
90 different coins and tokens
since 1st March 2019.

Jeremy Neren Joined the DGB Foundation 24 March 2021

Jeremy Neren became the third member of the DigiByte Foundation


Advisory Board as E-commerce and Retail Expert on 24th March 2021. He
is described on https://profiles.forbes.com as:

“Jeremy Neren has 15 years of eCommerce grocery experience, with a track


record of developing profitable businesses in complex environments. His
operating experience includes an on-demand delivery service with fulfilment
from a micro-fulfilment center serving a largely millennial customer base and
curbside pickup / local delivery with fulfilment from the largest grocery stores
in North America (Woodman’s Markets) serving a broad customer base.

Jeremy is currently the CEO of GrocerKey, partnering with dozens


of independent and regional grocery chains throughout the US & Canada.
GrocerKey provides robust eCommerce technology, deep eCommerce grocery
operations experience, and proven strategies to help brick and mortar
grocery retailers build a profitable eCommerce business.

Jeremy is a strong advocate that brick and mortar grocery retailers are well
positioned to grow profitable eCommerce businesses through in-store fulfilment
by utilizing sound strategy, modern technology, and efficient operating systems.”

93
Seventh Year Anniversary & Beyond

On 14th April 2021, the Chair DigiByte Foundation Formed Partnership with LCX 14 April 2021
of the DigiByte Foundation,
Hans Koning, tweeted:
On 14th April 2021, the DigiByte Foundation and LCX (the Liechtenstein
“#DigiByte #Foundation and
@lcx Partner up. Cryptoassets Exchange) announced they had signed a memorandum of
understanding (MOU) and formed a long-term strategic partnership. The
@DigiByteCoin
@DGB_Foundation CEO of LCX Monty C M Metzger posted:

$DGB and #LCX have “We are honored to work with one of the pioneers of the crypto
the ingredients to deliver industry. This alliance with DigiByte will be a huge leap towards our goal of
on their vision to take their providing innovative and compliant solutions leveraging our LCX platform”
#decentralized immutable
ledger platform to the
next level.”

On 1st May 2021,


according to historical
data sourced from
CoinMarketCap, the top 10
cryptocurrencies were:

Bitcoin, BTC = US$57,828.05


US$1,081,174,515,342.54

Ethereum, ETH = US$2,945.89


US$340,840,444,354.06
2014-2021 High DGB Fiat Price Recorded 1 May 2021
Binance Coin, BNB = US$619.35
US$95,028,239,639.54

XRP, XRP = US$1.65


On 1st May 2021, the DGB fiat price hit a new all time high at just over
US$74,963,184,004.41 US$0.18 following a surge of approximately 20% on the day. It resulted in
Tether, USDT = US$1.00
the DigiByte market capitalisation momentarily increasing to over US$2
US$51,506,811,113.98 billion. What follows is a table of historical DGB/USDT trading prices
Dogecoin, DOGE = US$0.393
according to figures derived from the CryptoCompare metrics website:
US$50,860,335,490.54
Open High Low Close Volume
Exchange
Cardano, ADA = US$1.35 (USDT) (USDT) (USDT) (USDT) (USDT)
US$43,228,336,016.93
Binance 0.1507 0.1840 0.1502 0.1560 133,300,000
Polkadot, DOT = US$36.93
OKEx 0.1508 0.1841 0.1503 0.1561 87,000,000
US$34,504,880,432.47
DigiFinex 0.1505 0.1821 0.1495 0.1559 16,500,000
Uniswap, UNI = US$40.20
US$21,039,928,450.67
The above table shows the top 3 performing DGB/USDT trading pairs in
Bitcoin Cash, BCH = US$1,005.08 terms of daily trading volume on 1st May 2021. The highest DGB/USDT
US$18,819,685,196.14 trading price was recorded at US$0.1841 on OKEx.
On the same day, DigiByte was
ranked 61 on CoinMarketCap Open Close Volume Market Cap
with a market capitalisation (US$) (US$) (US$) (US$)
of US$2,227,469,351.11 and
1st January 2021 0.0250435 0.0265315 17,366,014 347,772,033
US$0.1561 DGB fiat price
1st May 2021 0.1493210 0.1569310 188,098,645 2,151,990,642

94
Seventh Year Anniversary & Beyond

Crypto.com Added Support for DGB 12 May 2021


DIGIVERSE ‘DIGIBYTE
COMM TALK’ EPISODE
On 12th May 2021, the Crypto.com App integrated DigiByte to join over GUESTS IN 2021
100 other supported cryptocurrencies and stablecoins, including Bitcoin, Josiah Spackman
Ethereum and Crypto.com Coin (CRO). It is possible to use Crypto.com to (31st January 2021)
buy DGB with USD, EUR, GBP and over 20 other fiat currencies. Cowboy Torry Lee Powers
(1st February 2021)

Jan Muyldermans
Ferdi
(5th February 2021)
https://crypto.com/ Chief Hindsight Analyst
(9th February 2021)
Crypto.com is a financial services platform based in Hong Kong and was
founded in 2016. It serves over ten million people worldwide. Gonzo Boards
(14th February 2021)

Sir Lance
(15th February 2021)

Jared Tate
(18th February 2021)

Matt (CryptoCurrently)
(21st February 2021)

Gladden TV
(14th March 2021)

TormentDubz
Josiah Spackman Left the DigiByte Community 5 August 2021 (22nd March 2021)

Cosmic Crypto Nick


(1st April 2021)
Josiah Spackman contributed massively to advocate for the vision of the
Matthew D.
DigiByte blockchain for about four years, beginning in late 2017. He had
(19th May 2021)
created just over 250 DigiByte update videos in which he covered the
Jan Muyldermans
latest news relating to code protocol development, exchange additions,
(28th May 2021)
fund raising initiatives and much more.
James Enajite
In summer 2021, he became disillusioned with the direction in which (29th May 2021)
DigiByte was heading. He publicly fell out with Jared Tate and many other Cooper Daniels
community members who disagreed with him. Josiah Spackman thought (3rd June 2021)
a rebrand of the project would best suit its future. Jared Tate was quoted Mr. Half An Orange
as saying the following: (22nd June 2021)

Blinddave Crypto
“Let us all get on the same page. Let us all communicate publicly
and transparently and let’s all rock this new process and get many (28th June 2021)
more people involved. Let’s avoid toxicity and focus on positive moves
DigiDerek
forward that benefit DigiByte for the better. As stated for one final time, I
cannot thank you all enough for all you do for DigiByte.” (26th August 2021)

Houchirey
Whatever the main reasons for leaving the community on 5th August (10th September 2021)
2021, Josiah Spackman decided to concentrate on his own personal
Digital Hustle Network (DHN)
business endeavours. (20th September 2021)

95
Seventh Year Anniversary & Beyond

“DigiCorp was founded on DigiCorp Labs Went Live 11 November 2021


the belief that a safe, secure,
decentralized world should be
achievable and accessible for On 11th November 2021, the technology company called DigiCorp Labs
all. We’re a team of blockchain announced the launch of its metaverse ecosystem (DigiMetaverse) where
experts, tech leaders and
developers can build innovative applications and solutions for users and
market specialists, here to give
people back control over their enterprises. It was also the day on which the official DigiCorp Labs website
identities, data and digital lives. went live at https://www.digicorplabs.com containing useful information
Our mission is to build a about what to expect next. Yoshi Jaeger, the Lead Blockchain & Metaverse
collaborative, transparent Wallet and Smart Layer Developer at DigiCorp Labs, posted the following:
future full of decentralized
solutions that communities, “The DigiMetaverse smart layer is built on the Digibyte blockchain
businesses and institutions and will benefit from a highly scalable architecture with
across the world can fast confirmation times and low transaction fees.”
benefit from.

Every day, we apply our


core principles of knowledge,
value and self-sovereignty to
pioneer the kind of technology
that can revolutionize
systems across the world.”

https://www.digicorplabs.com/

“The DigiByte Alliance is DigiByte Alliance Formation Announced 8 December 2021


forming a public non-profit
foundation under Section 501(c)
(3) of the US Internal Revenue
On 8th December 2021, the DigiByte Alliance formation (see left margin)
Code, the application for
which was filed on July 13, in Wyoming, USA was announced to the wider community as a
2021. Registered as a non-profit
non-profit organisation to facilitate support for the decentralised DigiByte
corporation in the State of
Wyoming since March 5, 2021, blockchain. It is the culmination of the efforts of several devoted DigiByte
it is also in the process of
community members committed to creating a platform through which
registering as a non-profit with
all 50 US states to enable legal individuals, institutions, corporations, communities, and governments can
charitable tax-deductible come to better understand and interact with DigiByte blockchain
donations. These donations
will help empower the technology. Board members of the DigiByte Alliance are:
community and fund the
advancement of the DigiByte “Michelle Dougherty, a former U.S. Department of State attorney and former
blockchain ecosystem.” member of the DigiByte Awareness Team, will serve as President. Laura Taylor,
a DigiByte community leader, Frederick Gablemann, a core member of the
development team for DigiByte, and John Song, a finance and investment
professional, will all serve as Vice Presidents to the Board. Jana Sulpizio, a
former attorney, and former member of the DigiByte Awareness Team will
step into the role of Secretary, with David Pope, cofounder of the Wyoming
Blockchain Coalition and former member of the Wyoming Legislative Blockchain
Task Force, serving as Treasurer. Crystal McDonough, founder of McDonough
Law, a Colorado and Wyoming corporate law firm with expertise in both
commercial and blockchain industries, will serve as General Counsel.”

96
Seventh Year Anniversary & Beyond

OTHER HISTORICAL EVENTS

• On 24th January 2021, Josiah Spackman launched the website


https://digifacts.digibyteservers.io showing all 74 DigiFacts.

• On 3rd February 2021, two thirds of all DGB (14,000,000,000 DGB)


had been mined when block number 12,359,594 timestamped to
the DigiByte blockchain.

• On 21st March 2021, the official DigiByte subreddit surpassed


30,000 subscribers for the first time.

• On 17th April 2021, the ReCoop YouTube channel was created. It is


hosted by Cooper Daniels who regularly talks about the DigiByte
blockchain (his channel has over 2,000 subscribers).

• On 29th April 2021, the DGB/INR trading pair market went live on
the WazirX cryptocurrency exchange.

• On 3rd May 2021, the DigiByte Core v7.17.3 upgrade was released
to primarily lay the foundations for the future transition to version 8
of the code protocol.

• On 18th May 2021, the DigiByte Foundation formed a partnership


with LockTrip (Unlock Secret Travel Deals).

• On 21st May 2021, LCX Exchange opened the DGB/LCX trading pair
market on its platform. On the following day, the exchange opened
another trading pair (DGB/EUR).

• On 19th June 2021, the 250th DigiByte Update hosted by Josiah


Spackman was livestreamed on his YouTube channel. It lasted for
about 3 hours during which time Josiah Spackman, Noah Seidman,
Jared Tate, Matthew C, CryptyGirl, John Song and Scrypt Skynet
discussed the capabilities and potential of the DigiByte blockchain.

• On 25th August 2021, Yoshi Jaeger received 28,354 DGB (US$2,000)


from the DigiByte Foundation for his monumental contribution to
DigiByte code protocol development.

• On 10th September 2021, Olly Stedall (@saltedlolly) announced he


had created a ‘bash script’ allowing people to monitor DigiByte full
nodes running on a Raspberry Pi 4 device.

• On 28th October 2021, DigiCorp Labs and ThreeFold announced


they had joined forces to form DigiThree Labs.

• On 5th November 2021, DigiByte joined the UTXO Alliance with


other blockchains such as Komodo.

• On 21st December 2021, the Bybit exchange opened the DGB/BTC


trading pair market.

97
Seventh Year Anniversary & Beyond

DIGIBYTE 2021 FIAT PRICE HISTORY

OPEN 2021 DGB Fiat Price 1 January 2021

US$0.02497
HIGH 2021 DGB Fiat Price 1 May 2021

US$0.1825
LOW 2021 DGB Fiat Price 11 January 2021

US$0.02181
CLOSE 2021 DGB Fiat Price 31 December 2021

US$0.03334

Taking into account the opening and closing DGB fiat prices, according to
CoinMarketCap, the price increased by 33.52% for the year.

Other price milestones during the year were:

• On 14th April 2021, the DGB fiat price surpassed US$0.10 for the
first time since 14th January 2018.

• On 17th April 2021, the DGB fiat price surpassed its previously set
high at US$0.142889 on 7th January 2018.

98
Seventh Year Anniversary & Beyond

DIGIBYTE 2021 FIAT PRICE CHART

99

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