I'm trying to figure out what coin is represented by the abbreviation DGB. There are so many cryptocurrencies these days, and I want to make sure I'm looking at the correct one. Can someone clarify which coin DGB stands for?
7 answers
BonsaiVitality
Sun Oct 27 2024
DigiByte (DGB) operates on a proof-of-work (PoW) consensus mechanism.
ShintoMystery
Sat Oct 26 2024
These block rewards serve as an incentive for miners to continue their work.
Stefano
Sat Oct 26 2024
The PoW mechanism ensures the security and decentralization of the DigiByte network.
StormGalaxy
Sat Oct 26 2024
This means that miners are integral to the network's operation.
Margherita
Sat Oct 26 2024
Miners validate blocks of transactions by solving complex mathematical problems.