Digibyte has certainly had their ups and downs over the years, and they may not be as exciting as a shiny new ICO, but they do have a very interesting feature coming out this month. After a very long wait, they are releasing their Digi-ID protocol. This security layer will allow users to abandon the need for a username and password combinations, and even eliminate the need for 2FA.
What this essentially means is that users will be able to secure their information on chain using Digibyte’s system, and then use it to sign up to websites. It would work similarly to what Facebook login allows, but without the need to allow conglomerates free access to your personal data.
As people become more and more aware of how entities such as Facebook are using their private information it become very attractive to use a protocol such as this, and Digibyte is prepared to roll it out this month. Be on the look out, this quiet little crypto could get a lot louder very soon. Good news for those holding since 2014.
What is DigiByte?
DigiByte is a public, rapidly growing and highly decentralized blockchain. DigiBytes are digital assets that cannot be destroyed, counterfeited or hacked, making them ideal for protecting objects of value like currency, information, property or important digital data.
DigiBytes can be sent over the DigiByte Blockchain and forever recorded on an immutable public ledger that is decentralized on thousands of computers across the planet.
The DigiByte blockchain is spread over a 200,000+ servers, computers, phones, and nodes worldwide.
5 Mining Algorithms
DigiByte uses five secure and advanced cryptographic mining algorithms to prevent mining centralization compared to single algorithm blockchains.
Advanced Difficulty Stability
Difficulty adjustments protect a blockchain from several forms of malicious attacks. By creating and implementing DigiShield & MultiShield, DigiByte has the most advanced difficulty stability of any blockchain in the world today.
What makes DigiByte Faster?
15 Second Blocks
DigiByte has the fastest block speed of any public UTXO blockchain in the world today with 15 second block timings.
Early SegWit Implementation
Segregated witness allows for several innovations to occur on top of the DigiByte blockchain such as cross chain transactions and single confirmation transactions.
DigiByte transactions, unlike other transactions on other blockchains, are limited in size and scope to increase speed, efficiency, and throughput. Most importantly this maintains security.
What makes DigiByte Forward Thinking?
DigiByte Blockchain technology can be leveraged and applied to applications, fixing 90% of the most common vulnerabilities affecting the internet today.
The future of DigiByte includes the focus of applying DigiByte security to IOT devices and services that require robust communications.
By combining advancements in DigiByte Blockchain technology with artificial intelligence, we are exploring new innovations in automation and data analysis.
What makes DigiByte Different?
The DigiByte Blockchain is perfectly positioned towards building a secure and decentralized digital future with its unique combination of problem solving experience, pioneering new innovations and resilience through 4 full-time years of development.
Digi-ID: Authentication at its best.
Login to websites like never before.
Digi-ID is a fast and secure way to log in to website, applications, or even building security powered by the DigiByte Blockchain.
No more username & password combinations. No more SMS authentication. No more 2FA. All you need is in a single function, supported by all DigiByte wallets. No need to remember all the different passwords, or (even worse) store them in a single application.
How to buy Digibyte?