DigiByte Wallet wallet review

DigiByte Wallet
Intuitive Ease of use,  High Privacy,  User Private Keys Stored

DigiByte Wallet is the core wallet for the DigiByte cryptocurrency, created, managed, and maintained by the same core developers. The wallet works on most platforms and it's easy to use so anybody can start using it. If you want to get into a new cryptocurrency, DGB is worth a try.

DigiByte Wallet is extremely easy to setup and start using. Has limited functionality as it is just a wallet for your DGB, that's it. You can encrypt the wallet and password protect it, other than this, it does what it is supposed to, store Crypto.

Company / organization behind the wallets

Jared Tate is the creator and founder of DigiByte and DigiByte Wallet, he is a Cybersecurity Consultant, he wants to fix Bitcoin's security flaws as a blockchain. The blockchain might be secured but the wallet is vulnerable as it lacks any modern security features, it has only encryption for the keys, that's it, not very good, compared to many other wallets out there.

Crypto Currencies Support

Language Support

  • English

Supported Systems

  • Windows
  • OSX
  • Linux
  • Chrome OS
  • Android

DigiByte Wallet uses 5 different mining algorithms to protect the network and wallets from the 51% attack, it's smart to use it, but the wallet itself lacks modern security features. The only protection is a password encryption for the wallet.dat file, where your wallet data is located, not very secured. When the app/software opens, you don't need to input a password, this is a big security issue.

Summary:

Security
Low
2 Factor Authentication
No
Multi-Signature
Yes
Private Keys Stored On
User
Storage Type
Hot storage
Transactions Validation
Full Node
Hierarchical Deterministic
No

What happens in the event of a disaster/theft/loss?

There is a wallet.dat file that allows you to regenerate your wallet..

The wallet is easy to use. It supports a less known currency "Digibyte" so will not be for total newbies but anyone looking to branch out this is a fine option.

Summary:

The wallet is focused on DGB, you don't have the option to trade any other currency, just store, send and receive DGB. It is very easy to use by anybody but very vulnerable in terms of encryption and security features. This is a young currency that does not have much value yet. I am sure more option will become available if the currency improves in value.

Ease of use
Intuitive
Suitable For
Millennials
Account activation process
Simple
Transaction fees
Dynamic Transaction fees
Setup fee
$0.00

DigiByte Wallet is extremely easy to setup and start using. Has limited functionality as it is just a wallet for your DGB, that's it. You can encrypt the wallet and password protect it, other than this, it does what it is supposed to, store Crypto.

There are none

Help and support:

  • FAQ section
  • Contact form
  • Live chat

Personal information for activation account:

  • Name
  • Email Address

Most common customer complaint:

Low security features