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XDB

DigitalBits  

#XDB

XDB Price:
$0.00297
Volume:
$3.7 M
All Time High:
$0.84
Market Cap:
$2.3 M


Circulating Supply:
762,155,983
Exchanges:
4+
Total Supply:
1,500,000,000
Markets:
5
Max Supply:
1,500,000,000
Pairs:
7



  XDB PRICE


The price of #XDB today is $0.00297 USD.

The lowest XDB price for this period was $0, the highest was $0.00297, and the exact current price of one XDB crypto coin is $0.00297323.

The all-time high XDB coin price was $0.84.

Use our custom price calculator to see the hypothetical price of XDB with market cap of BTC or other crypto coins.


  XDB OVERVIEW


The code for DigitalBits crypto currency is #XDB.

DigitalBits is 3.4 years old.


  XDB MARKET CAP


The current market capitalization for DigitalBits is $2,266,067.

DigitalBits is ranking upwards to #763 out of all coins, by market cap (and other factors).


  XDB VOLUME


There is a big volume of trading today on #XDB.

Today's 24-hour trading volume across all exchanges for DigitalBits is $3,651,487.


  XDB SUPPLY


The circulating supply of XDB is 762,155,983 coins, which is 51% of the maximum coin supply.


  XDB EXCHANGES


XDB is available on several crypto currency exchanges.

View #XDB trading pairs and crypto exchanges that currently support #XDB purchase.


  XDB RESOURCES


Websitewww.digitalbits.io
Whitepaperwww.digitalbits.io/wp-content/uploads/2019/08/digi...
TwitterDigitalBitsOrg
Redditr/DigitalBitsOrg
Telegramdigitalbits
Mediumdigitalbitsorg


  XDB DEVELOPER NEWS



How to setup a node on the DigitalBits blockchain

Disclaimer: This is a very technical document for developers, and devops specialists. — Introduction - DigitalBits Core is the program nodes use to communicate with other nodes to create and maintain the DigitalBits peer-to-peer network. It’s an implementation of the DigitalBits Consensus Protocol configured to construct a chain of ledgers guaranteed to be in agreement across all participating nodes at all times. This document describes various aspects of installing, configuring, and maintaining a digitalbits-core node. It will explain: why you should run a node, what you need to set up, how to install digitalbits core, how to configure your node, how quorum sets work, how to prepare your environment before the first run, how to join the network, how logging works, node monitoring and diagnostics, how to perform validator maintenance, how to perform network wide updates, — Why run a node? - — Benefits of running a node - You get to run your own Frontier instance: Allows for customizations (triggers, etc) of the business logic or APIs, Full control of which data to retain (historical or online), A trusted entry point to the network, Trusted end to end (can implement additional counter measures to secure services), Open Frontier increases customer trust by allowing to query at the source (ie: larger token issuers have an official endpoint that can be queried), Control of SLA, note: in this ...




End of the Token Swap

As of the 1st of January 2023, the native token of the DigitalBits blockchain, known as XDB mainnet, is now officially running only on the native blockchain; the 1:1 token exchange with the XDB ERC-20 token was completed on the 31st of December 2022, with full disclosure. Participating exchanges, including Digifinex, Gate, KuCoin, brokerage platform Bitpanda, and regulated fiat-crypto exchange Coinbar have all successfully supported this process. Following the swap, the participating exchanges have discontinued all references to XDB ERC-20 and will only deal with XDB mainnet transactions, such as deposits and withdrawals. All inflows and outflows run on the DigitalBits chain. All the digitalbits ERC-20 tokens (XDB) currently held on a non-custodial Ethereum wallet (for example, Metamask, Trezor, or Ledger) which have not been swapped according to the disclosed timeline will no longer be usable by any means in connection with DigitalBits project. With the end of this token swap process (started in August 2022), the DigitalBits ecosystem is now entering into a product-focused journey by prioritizing the creation of custom assets (branded cryptocurrencies), the integration of POS and payment processors as well the creation of new token utility. About DigitalBits Website | Twitter | Instagram | LinkedIn | Facebook | Telegram | Announcement | End of the Token Swap was originally published in DigitalBitsOrg on Medium, where people ...




Mainnet Circulating Supply

Dear Community We are very proud that all the technical and communication activities related to the token swap have been successfully completed and that participating exchanges have smoothly supported this process. The DigitalBits ecosystem now begins a new chapter with a continued focus at growing mainnet adoption by leveraging the powerful functionalities of the DigitalBits blockchain. It is important to remember the key dates that have already been previously disclosed concerning ERC20 and mainnet token supply. Nevertheless, tracking websites (such as Coinmarketcap and Coingecko) have not yet updated the mainnet total supply and mainnet circulating supply figures, as they still refer to DigitalBits token (XDB) in ERC20. This will be corrected in the coming days, and from now onwards, the project will solely refer to its mainnet supply. It was previously announced that Token Swap would be finally completed on Dec 31st 2022, thanks to the extension granted by one of the participating exchanges. All swapped ERC20 tokens will be burned. Any ERC20 tokens that fail to be swapped by this date will no longer be usable, and any remaining ERC20 token holders will forfeit their opportunity to swap for mainnet tokens. The mainnet circulating supply is listed below, along with a recap since inception with the goal of helping the DigitalBits community to fully understand the process that has led to the current supply. DigitalBits is...




This is the very last chance to swap XDB ERC-20 to Mainnet

Dear Community, On the 30th of June 2022, DigitalBits Foundation announced that the native token of the DigitalBits blockchain, already known as XDB mainnet, would have gone through a 1:1 token swap process with XDB ERC-20 token. This process has been fully supported by participating exchanges like Digifinex, Gate, and KuCoin and the brokerage platform Bitpanda. Furthermore, it has been disclosed that “due to technical roadmap, Bittrex Global didn’t meet the timeline of DigitalBits mainnet token swap to timely integrate the new chain.” This swap process has been straightforward for the participating exchange’s users, who were asked to do nothing more than deposit and wait. Following the swap, the participating exchanges have removed any reference to XDB ERC-20 and will only allow it to deal with XDB mainnet. At the beginning of October, DigitalBits Foundation announced that participating exchange KuCoin had fully integrated the DigitalBits blockchain and had set a token swap cut-off day (Oct 7th, 2022) as the last chance to swap XDB-ERC20 to XDB mainnet tokens; Followed by 3 days of countdown campaigns on social media to inform the whole community appropriately. Because a minority of users did not make the XDB-ERC20 to XDB mainnet swap within the KuCoin cutt-off time, DigitalBits ecosystem’s partner Coinbar, a fully regulated fiat-crypto exchange by the Italian regulator, has completed integration with DigitalBits b...




TOKEN-SWAP CUT-OFF Date is 7th of October, 2022, at 8 AM UTC

Dear community, KuCoin has completed the integration of the DigitalBits mainnet chain and will automatically swap digitalbits ERC-20 (XDB) with digitalbits mainnet tokens (XDB) on a 1:1 basis for their users. Furthermore, KuCoin: Will be the last participating exchange to support the DigitalBits token swap. It is not expected that other participating exchanges will support DigitalBits token-swap beyond this date., KuCoin has set the cut-off date on October 7, 2022 at 08:00 AM (UTC) (end of DigitalBits token swap as per previous communication), and will stop accepting deposits and withdrawals for digitalbits ERC20 XDB tokens by that date, IMPORTANT: If you haven’t swapped digitalbits ERC20 (XDB) tokens prior to this date on any other participating exchanges and you miss to deposit them on KuCoin on October 7, 2022 at 08:00 AM (UTC) you will no longer be able to use or redeem them. All digitalbits mainnet swapped tokens will increase digitalbits mainnet circulating token supply while all digitalbits ERC-20 swapped tokens will be burnt and decrease the digitalbits ERC-20 circulating supply. Starting today, a daily countdown will commence to make sure everyone is aware of the upcoming cut-off date and the associated risk of not meeting this timeline. This date sets the end of the digitalbits ERC-20 (XDB) tokens while digitalbits mainnet (XDB) becomes widely distributed across the DigitalBits ecosystem. To reassure the whole ...




The growth of DigitalBits ecosystem

On Jul 29, 2022, the very first Monaco Crypto Summit, powered by DigitalBits, was hosted in Monte-Carlo, Monaco. - The event began with a press conference at the Grimaldi Forum, where Al Burgio, the founder of the DigitalBits blockchain, unveiled announcements into the expanding DigitalBits ecosystem, including the unveil of the Prince Albert II of Monaco Foundation App, built on the DigitalBits blockchain. Olivier Wenden, CEO of the Prince Albert II of Monaco Foundation was also in attendance. This app will enable donations with DigitalBits tokens $XDB as well as the ability to purchase NFT tickets (minted on the DigitalBIts blockchain) to access exclusive events. Some additional remarkable product announcement were made, including the upcoming decentralized exchange NicoSwap, built on the DigitalBits blockchain which will facilitate the on-chain trading and liquidity for upcoming utility tokens by organizations and platforms like LootMogul, EpicoPlay, Plägood, Aftermath Islands, and Agoraverse. The Summit, was emceed by Dustin Plantholt, editor of Forbes Monaco, and Rachel Wolfson, senior editor at CoinTelegraph, also the official media partner of the event, along with the presence of more than 15 remarkable speakers from the blockchain and crypto industry. — Here below the main takeaways: - Al Burgio — Founder, DigitalBits Blockchain As pre-announced during the press conference, new partnerships were unveiled. ...




DigitalBits Whitepaper Update

August 5, 2022. — DigitalBits Foundation Introduction, This paper provides various updates to the DigitalBits version 2.3 whitepaper published on June 14, 2019 which is incorporated herein by reference[1]. This paper is structured as follows: Section 2 summarizes the existing blockchain system, Section 3 additional features and functionality being added to the DigitalBits system, Section 4 summarizes modifications to total token supply and token allocation, and finally Section 5 conclusion. The 2019 whitepaper introduced the DigitalBits blockchain and primarily focused on enabling easy asset tokenization using a transaction and trading layer, the goals and requirements of such a system, and the overall architecture of DigitalBits. This paper introduces new features and functionality being added to the DigitalBits blockchain. Specifically automated market maker technology (AMM) to coexist alongside the protocol-level DigitalBits decentralized exchange that has operated since network launch, and its potential to attract increased network-level liquidity. In 2022 Q2, the cryptocurrency industry once again witnessed the associated risks with centralized platforms with the downfall of certain centralized crypto lending platforms[2][3]. Protocol-level AMM technology as discussed in this paper enables users to contribute liquidity to a decentralized system without the risk of third-party taking custody of their stake in a liq...




Additional XDB Token Burn

The DigitalBits Foundation is announcing that 100 million XDB ERC-20 tokens will be burnt today, reducing the current total supply for the XDB ERC-20 from 1.5 billion to 1.4 billion. Additional token burns are also expected prior to the commencement of the mainnet token swap. Back in November 2019, the total supply of XDB ERC-20 was reduced via the token burn process from the original XDB ERC-20 supply of 100 billion to 1.5 billion. This burn was done to address confusion and concern as well as to provide reassurance that the majority of the original 100 billion ERC-20 tokens total supply would not find its way into circulation. This disclosure has also been present on the Coinmarketcap and Coingecko webpages for XDB. With the upcoming mainnet token swap, the commencement of this further ERC-20 burn is to provide a similar reassurance that these burnt tokens will not find their way into circulation. As for the upcoming mainnet token swap, that process will be fully executed and communicated by participating exchanges. Digifinex is the first exchange that has confirmed that they will facilitate the token swap on their exchange on August 15th, 2022. We expect other announcements from exchanges to take place in the coming days announcing the precise date of the swap, in order to give users proper notice. Each participating exchange will provide instructions on how they will facilitate the swap for their clients. The digitalbi...




Community Update

Dear Community, Due to major announcements coming, the DigitalBits Whitepaper update will now be released on 5 August 2022. Whilst originally planned for release on the 15 July 2022 there are certain confidential elements under development that are due to be made public by the 29th of July, that will require a further Whitepaper update. These elements are integral to the future journey of DigitalBits and cannot be excluded/added at a later date. Therefore to ensure that the announcements on the 29th of July 2022 remain undisclosed we have no option but to push forward the release date of the Whitepaper to include these exciting elements. We look forward to the 29th of July! About DigitalBits Twitter | Instagram | LinkedIn |Facebook |Telegram | Announcement | Community Update was originally published in DigitalBitsOrg on Medium, where people are continuing the conversation by highlighting and responding to this story.




Recap — Talk to the team, 4th of July, 2022

Recap — Talk to the team, 4th of July, 2022 - Today, 4th of July, 2022, Daniele Mensi, Managing Director of DigitalBits Foundation has updated the community through the monthly “Talk to the team”. Questions have been copied, pasted, and answered as they are. For total transparency, we have filtered out double or triple questions, as well as those that have extensively used the space to express subjective statements and those submitted by unverified user details. This audience is meant to address community questions by genuine members.Any plans for a new Liquidity provider? This is a very open-ended question however I will try to explain it as best I can. Secondary Market has seen the addition of Digifinex which after the token swap is expected to bring additional liquidity as more users will be aware, and more exchanges are expected to add support of DigitalBits mainnet to provide deeper liquidity and exposure. If the question is more related to are you adding a Market Maker then this is not something that quality projects will openly discuss that are mindful of compliance and regulations frameworks.When T1 and token swap? The date for the first exchange facilitating the Token swap has already been announced, more will follow in due course and we aim for other exchanges to be providing the swap at similar times. The timing is defined by participating exchanges.What should we expect from DigitalBits progress-wise b...




  XDB NEWS


DigitalBits XDB Added to List of Legalised Cryptocurrencies in Ukraine

    [PRESS RELEASE - Please Read Disclaimer] KYIV, Ukraine, — The cryptocurrency DigitalBits XDB has been added the list of approved cryptocurrencies in Ukraine and will be accepted for donations to support ongoing military and humanitarian needs. DigitalBits becomes the next cryptocurrency accepted by the Ministry of Digital Transformation, alongside Bitcoin, Ethereum and Tether, through the official website for Aid for Ukraine. Accepting these cryptocurrencies has enabled huge amounts in donations to support Ukraine’s ongoing and immediate needs. The power and prominent features of cryptocurrencies, that are able to be accessed through blockchain networks with a simple Internet connection, have enabled the Ukraine government’s Ministry of Digital Transformation to raise invaluable donations in the midst of this war. Ukraine was previously ranked fourth in the world for crypto adoption and has sought to improve its crypto infrastructure since the war began by signing a number of new regulations into law that will allow foreign and Ukrainian crypto exchanges to operate legally in Ukraine, including KUNA Exchange and FTX. “You can now support Ukraine with crypto donations in DigitalBits XDB to help our fund Aid For Ukraine. Every such donation scales our efforts to equip Ukrainian defenders with necessary tools. We thank all contributors for the ongoing generosity!”, said Mykhailo Fedorov, the Minister of Digital Transformation of Ukraine. About Compa... read More



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