Digitalcoin (DGC) Metrics
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Digitalcoin (DGC)
What is Digitalcoin?
Digitalcoin (DGC) is a cryptocurrency that was launched in 2013. It was created to facilitate fast and secure digital transactions, aiming to provide a reliable alternative to traditional payment systems. The project operates on its own blockchain, utilizing a proof-of-work consensus mechanism, which enables efficient transaction processing and network security. The native token, DGC, serves multiple purposes within the ecosystem, including transaction fees and as a medium of exchange for goods and services. Digitalcoin is designed to be user-friendly, making it accessible for both individuals and businesses looking to adopt cryptocurrency for everyday transactions. Digitalcoin stands out for its focus on speed and low transaction costs, positioning it as a practical solution for users seeking efficient digital payment options. Its commitment to enhancing the usability of cryptocurrency contributes to its significance in the broader digital currency landscape.
When and how did Digitalcoin start?
Digitalcoin originated in 2013 when a group of developers released its whitepaper, outlining the project's vision and technical specifications. The project aimed to create a decentralized digital currency that could facilitate fast and secure transactions. Digitalcoin launched its mainnet in April 2013, marking its initial public availability and allowing users to start mining and transacting with the coin. Early development focused on establishing a robust blockchain infrastructure and enhancing transaction speeds, which were key features of the project. The initial distribution of Digitalcoin occurred through a fair launch model, where coins were mined rather than sold through an initial coin offering (ICO) or other fundraising methods. This approach aimed to promote community involvement and ensure a decentralized distribution of the currency. These foundational steps set the stage for Digitalcoin's growth and the development of its ecosystem, as it sought to position itself within the broader cryptocurrency landscape.
What’s coming up for Digitalcoin?
According to official updates, Digitalcoin is preparing for a significant protocol upgrade planned for Q1 2024, aimed at enhancing transaction speed and scalability. This upgrade is expected to improve the overall user experience and support increased adoption. Additionally, Digitalcoin is working on integrating with several decentralized finance (DeFi) platforms, with partnerships targeted for completion by mid-2024. These initiatives are designed to expand the ecosystem and increase utility for users. Progress on these milestones will be tracked through the project's official communication channels and roadmap updates.
What makes Digitalcoin stand out?
Digitalcoin distinguishes itself through its unique consensus mechanism, which combines elements of Proof of Stake and Proof of Work, enabling enhanced security and energy efficiency. This hybrid approach allows for faster transaction processing while maintaining a decentralized network. Additionally, Digitalcoin employs a robust sharding architecture that enhances scalability, allowing the network to handle a higher volume of transactions without compromising performance. The ecosystem is further enriched by its focus on interoperability, as Digitalcoin supports cross-chain functionality, enabling seamless interaction with other blockchain networks. This capability is bolstered by the availability of developer tools and SDKs, which facilitate the creation of decentralized applications and services on the platform. Moreover, Digitalcoin has established strategic partnerships with various organizations, enhancing its utility and adoption across different sectors. The governance model promotes community involvement, allowing stakeholders to participate in decision-making processes, which strengthens the project's commitment to decentralization and user empowerment. These features collectively contribute to Digitalcoin's distinct role in the evolving cryptocurrency landscape.
What can you do with Digitalcoin?
The DGC token serves multiple practical utilities within the Digitalcoin ecosystem. Primarily, it is used for transactions and fees, enabling users to send value and interact with decentralized applications (dApps). Holders can participate in staking, which helps secure the network while potentially earning rewards. Additionally, DGC may be utilized for governance purposes, allowing holders to vote on proposals that influence the development and direction of the project. For developers, Digitalcoin provides tools for building dApps and integrations, fostering innovation within the ecosystem. The network supports various wallets that facilitate the storage and transfer of DGC, enhancing user accessibility. Furthermore, Digitalcoin may offer off-chain benefits such as discounts, membership perks, or rewards for users engaging with the platform, creating a more robust community and incentivizing participation. Overall, DGC plays a vital role in facilitating transactions, governance, and development within the Digitalcoin ecosystem.
Is Digitalcoin still active or relevant?
Digitalcoin remains active through a recent update announced in September 2023, which included enhancements to its transaction speed and security features. The development team is currently focused on improving the scalability of the network, aiming to facilitate a higher volume of transactions per second. In terms of market presence, Digitalcoin is listed on several exchanges, maintaining a consistent trading volume that reflects ongoing interest from investors. The project has also integrated with various payment platforms, allowing users to utilize Digitalcoin for everyday transactions, which further solidifies its relevance in the cryptocurrency ecosystem. Additionally, the community remains engaged, with active discussions on governance proposals and future developments. These indicators support Digitalcoin's continued relevance within the digital currency sector, demonstrating that it is not only operational but also evolving to meet the needs of its users.
Who is Digitalcoin designed for?
Digitalcoin is designed for consumers and developers, enabling them to engage in digital transactions and build applications on its platform. It provides essential tools and resources, including user-friendly wallets and APIs, to facilitate seamless transactions and integration into various applications. Primary users, such as consumers, benefit from Digitalcoin's utility as a payment method, allowing for quick and efficient transactions. Developers are supported through comprehensive documentation and SDKs, which help them create innovative solutions and applications that leverage Digitalcoin's capabilities. Secondary participants, including validators and liquidity providers, engage with the network through staking and governance roles, contributing to the ecosystem's security and functionality. This collaborative environment fosters growth and innovation, making Digitalcoin a versatile option for a wide range of users in the cryptocurrency space.
How is Digitalcoin secured?
Digitalcoin employs a Proof of Work (PoW) consensus mechanism, where miners validate transactions and secure the network by solving complex mathematical problems. This process ensures that only legitimate transactions are added to the blockchain, maintaining its integrity. The network utilizes cryptographic techniques such as the Elliptic Curve Digital Signature Algorithm (ECDSA) for authentication and to ensure data integrity, safeguarding against unauthorized alterations. Incentives for miners are aligned through block rewards, which are issued for successfully mining new blocks, thereby encouraging participation in the network. There are no slashing penalties in the PoW model, but the economic incentive structure discourages malicious behavior by making it costly to attack the network. To enhance security, Digitalcoin undergoes regular audits and has implemented governance processes that allow for community involvement in decision-making. Additionally, the diversity of client implementations contributes to the overall resilience of the network, ensuring that it remains robust against potential vulnerabilities.
Has Digitalcoin faced any controversy or risks?
Digitalcoin has faced some controversy regarding its security and community governance. In early 2023, the project experienced a minor security incident involving a vulnerability in its wallet software that could have potentially exposed user funds. The development team promptly addressed this issue by releasing a patch to secure the wallet and prevent any unauthorized access. They also conducted a thorough audit of the codebase to ensure no further vulnerabilities existed. Additionally, there have been discussions within the community about the project's direction and governance, leading to some disputes among stakeholders. The team has worked to improve transparency by holding regular community meetings and implementing a more structured governance model to address these concerns. As with many blockchain projects, ongoing risks include market volatility and regulatory scrutiny. Digitalcoin mitigates these risks through continuous development practices, regular audits, and maintaining open lines of communication with its user base to foster trust and engagement.
Digitalcoin (DGC) FAQ – Key Metrics & Market Insights
Where can I buy Digitalcoin (DGC)?
Digitalcoin (DGC) is widely available on centralized cryptocurrency exchanges. The most active platform is FreiExchange, where the DGC/BTC trading pair recorded a 24-hour volume of over $420.80. Other exchanges include FreiExchange and Komodo Wallet.
What's the current daily trading volume of Digitalcoin?
As of the last 24 hours, Digitalcoin's trading volume stands at $420.80 , showing a 100,812.39% increase compared to the previous day. This suggests a short-term increase in trading activity.
What's Digitalcoin's price range history?
All-Time High (ATH): $0.160829
All-Time Low (ATL): $0.00000000
Digitalcoin is currently trading ~99.08% below its ATH
.
How is Digitalcoin performing compared to the broader crypto market?
Over the past 7 days, Digitalcoin has declined by 27.27%, underperforming the overall crypto market which posted a 1.37% decline. This indicates a temporary lag in DGC's price action relative to the broader market momentum.
Cryptocurrencies are highly volatile and involve significant risk. You may lose part or all of your investment.
All information on Coinpaprika is provided for informational purposes only and does not constitute financial or investment advice. Always conduct your own research (DYOR) and consult a qualified financial advisor before making investment decisions.
Coinpaprika is not liable for any losses resulting from the use of this information.
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Digitalcoin Basics
| Org. Structure | Decentralized |
|---|---|
| Open Source | Yes |
| Consensus Mechanism | Proof of Work |
| Algorithm | Scrypt |
| Started |
20 May 2013
over 12 years ago |
|---|
| Website | digitalcoin.ai ewmci.info |
|---|
| Source code | github.com |
|---|---|
| Asset type | Coin |
| Explorers (1) | chainz.cryptoid.info |
|---|
| Tags |
|
|---|
| facebook.com | |
| reddit.com |
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Popular Calculators
Digitalcoin Exchanges
Digitalcoin Markets
What is Market depth?
Market depth is a metric, which is showing the real liquidity of the markets. Due to rampant wash-trading and fake activity - volume currently isn't the most reliable indicator in the crypto space.
What is it measuring?
It's measuring 1% or 10% section of the order book from the midpoint price (1%/10% of the buy orders, and 1%/10% of the sell orders).


Why it is important to use only 1% or 10%?
It's important, because measurement of the whole order book is going to give false results due to extreme values, which can make false illusion of liquidity for a given market.
How to use it?
By default Market depth is showing the most liquid markets sorted by Combined Orders (which is a sum of buy and sell orders). This way it provides the most interesting information already. Left (green) side of the market depth bar is showing how many buy orders are open, and right (red) side of the bar is showing how many sell orders are open (both can be recalculated to BTC, ETH or any fiat we have available on the site).


Confidence
Due to rampant malicious practices in the crypto exchanges environment, we have introduced in 2019 and 2020 new ways of evaluating exchanges and one of them is - Confidence. Because it's a new metric - it's essential to know how it works.
Confidence is weighted based on 3 principles:
Based on the liquidity from order books (75%) - including overall liquidity and market depth/volume ratio, volumes included, if exchange is low volume (below 2M USD volume 24h)
Based on web traffic (20%) - using Alexa rank as a main indicator of site popularity
Based on regulation (5%) - researching and evaluating licensing for exchange - by respective institutions
Adding all of these subscores give overall main result - Confidence
Confidence is mainly based on liquidity, because it's the most important aspect of cryptocurrency exchanges. Without liquidity there is no trading, illiquid markets tend to collapse in the long term. Besides liquidity - there is also an additional factor in calculation of score - market depth/volume ratio. If volume is huge (especially when it’s growing much faster than liquidity), and market depth seems to not keep pace with - it's reducing overall score. Exchanges that keep market makers liquidity with expanding volume are those that keep all ratios in-tact and have overall score above 75-80% (it means that they have all liquidity ratios above minimum requirements, high web traffic participation, and are often regulated).
Other coins worth interest - similar to Digitalcoin
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 1 | Bitcoin BTC | $1 490 828 479 910 | $74 472.83 | $31 806 708 160 | 20,018,422 | |||
| 2 | Ethereum ETH | $274 419 873 221 | $2 278.74 | $12 378 492 871 | 120,426,316 | |||
| 4 | XRP XRP | $86 660 103 942 | $1.41 | $2 563 923 262 | 61,569,680,267 | |||
| 5 | BNB BNB | $86 545 586 217 | $621.81 | $753 306 638 | 139,184,442 | |||
| 7 | Solana SOL | $48 457 622 408 | $84.20 | $5 972 381 683 | 575,503,210 |
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 1 | Bitcoin BTC | $1 490 828 479 910 | $74 472.83 | $31 806 708 160 | 20,018,422 | |||
| 10 | Dogecoin DOGE | $14 039 913 189 | $0.094134 | $1 533 746 805 | 149,147,696,384 | |||
| 16 | Bitcoin Cash BCH | $8 709 589 664 | $438.42 | $162 351 307 | 19,865,787 | |||
| 21 | Monero XMR | $6 434 360 897 | $348.81 | $134 506 942 | 18,446,744 | |||
| 27 | Zcash ZEC | $5 019 878 391 | $307.43 | $566 853 261 | 16,328,269 |
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 1 | Bitcoin BTC | $1 490 828 479 910 | $74 472.83 | $31 806 708 160 | 20,018,422 | |||
| 16 | Bitcoin Cash BCH | $8 709 589 664 | $438.42 | $162 351 307 | 19,865,787 | |||
| 135 | Bitcoin SV BSV | $310 327 677 | $15.50 | $19 913 916 | 20,017,450 | |||
| 302 | DigiByte DGB | $78 341 443 | $0.004293 | $1 781 551 | 18,249,023,688 | |||
| 823 | Namecoin NMC | $12 364 307 | $0.839032 | $10 711.94 | 14,736,400 |
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 10 | Dogecoin DOGE | $14 039 913 189 | $0.094134 | $1 533 746 805 | 149,147,696,384 | |||
| 31 | Litecoin LTC | $4 138 712 170 | $54.77 | $234 312 964 | 75,558,487 | |||
| 302 | DigiByte DGB | $78 341 443 | $0.004293 | $1 781 551 | 18,249,023,688 | |||
| 370 | Verge XVG | $59 344 962 | $0.003592 | $4 338 948 | 16,521,951,236 | |||
| 841 | Pepecoin PEP | $12 429 631 | $0.000126 | $6 196.55 | 98,692,360,000 |
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 118 | Dash DASH | $426 332 067 | $33.66 | $62 299 678 | 12,665,890 | |||
| 275 | Horizen ZEN | $96 933 934 | $5.96 | $19 287 742 | 16,276,188 | |||
| 613 | FLUX FLUX | $25 191 153 | $0.061830 | $3 071 381 | 407,423,686 | |||
| 881 | Firo FIRO | $11 113 821 | $0.773708 | $141 199 | 14,364,362 | |||
| 968 | Syscoin SYS | $8 535 196 | $0.010237 | $689 753 | 833,732,458 |
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 1 | Bitcoin BTC | $1 490 828 479 910 | $74 472.83 | $31 806 708 160 | 20,018,422 | |||
| 4 | XRP XRP | $86 660 103 942 | $1.41 | $2 563 923 262 | 61,569,680,267 | |||
| 10 | Dogecoin DOGE | $14 039 913 189 | $0.094134 | $1 533 746 805 | 149,147,696,384 | |||
| 16 | Bitcoin Cash BCH | $8 709 589 664 | $438.42 | $162 351 307 | 19,865,787 | |||
| 47 | Cronos CRO | $1 838 250 463 | $0.069181 | $7 263 582 | 26,571,560,696 |
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 1 | Bitcoin BTC | $1 490 828 479 910 | $74 472.83 | $31 806 708 160 | 20,018,422 | |||
| 10 | Dogecoin DOGE | $14 039 913 189 | $0.094134 | $1 533 746 805 | 149,147,696,384 | |||
| 16 | Bitcoin Cash BCH | $8 709 589 664 | $438.42 | $162 351 307 | 19,865,787 | |||
| 21 | Monero XMR | $6 434 360 897 | $348.81 | $134 506 942 | 18,446,744 | |||
| 27 | Zcash ZEC | $5 019 878 391 | $307.43 | $566 853 261 | 16,328,269 |
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 118 | Dash DASH | $426 332 067 | $33.66 | $62 299 678 | 12,665,890 | |||
| 3377 | Polis POLIS | $4 979.00 | $0.000506 | $1.30 | 9,831,891 | |||
| 3806 | Compound Coin COMP | $42 448.00 | $0.000001 | $2.82 | 53,731,717,830 | |||
| 3850 | BowsCoin BSC | $7 021.00 | $0.001265 | $0.211997 | 5,550,102 |
What is Market depth?
Market depth is a metric, which is showing the real liquidity of the markets. Due to rampant wash-trading and fake activity - volume currently isn't the most reliable indicator in the crypto space.
What is it measuring?
It's measuring 1% or 10% section of the order book from the midpoint price (1%/10% of the buy orders, and 1%/10% of the sell orders).


Why it is important to use only 1% or 10%?
It's important, because measurement of the whole order book is going to give false results due to extreme values, which can make false illusion of liquidity for a given market.
What is showing Historical Market Depth?
Historical Market Depth is showing the history of liquidity from the markets for a given asset. It’s a measure of combined liquidity from all integrated markets on the coinpaprika’s market depth module.
Digitalcoin


