DigiByte (DGB) vs Elastos (ELA) Comparison

Compare companies

On this page, you can compare DigiByte (DGB) with Elastos (ELA). Which coin is better to buy now? What will be the better investment?

You can read more about cryptocurrency investment strategies in this article. Some additional rules you can also find here. Finally, you can read about the top 10 trading mistakes leading to failure in this article.

Company

User rating

4.8 / 5 5 user reviews 4.3 / 5 3 user reviews

Cryptogeek rating

4.2 / 5 4.0 / 5

Trust Score

How it works
4.62 / 5 4.33 / 5

About

DigiByte (DGB) is an open-source cryptocurrency launched in 2014. As of now, the coin is close to the bottom of the top 50 cryptocurrencies by market cap. DigiByte relies on the Proof-of-Work consensus mechanism hence it can be mined. The currency is deflationary and built using the Bitcoin code but unlike Bitcoin, its total supply is limited to 21 billion DGB. Another priority of DigiByte currency is the speed of transactions. Currently, the network is capable of performing over one thousand transactions per second.
Elastos (ELA) is a mineable coin currently represented on a few Asian exchanges. Blockchain solutions of the issuing company can be applied across various industries, such as real estate, media, etc.

Type

coin coin

Founding Date

2014 2017

Country

International No data

Languages

No data No data

Team

Public Public

Protocol

Public blockchain Public blockchain

Current price (USD)

0.0120 3.4142

All-time high (USD)

0.1429 93.9600

Price change (24h)

-2.02 -1.07

Volume (24h)

1570796.36735 99643.54464

Hashrate

174880000 101344000

Max Supply

21000000000.00000 34065709.00000

Total supply

No data No data

Circulating Supply

16971310307.27603 25515437.00000

Transaction speed / Block time

560 245

Transaction fee

No data No data

Mining profitability

No data No data

Algorithm

Multiple No data

Proof type

PoW No data

Fully premined

No data No data

Smart contract address

No data No data

Total coins mined

13345653625.81080 No data

Is trading

yes yes

Block reward

650.865597094528 No data

Block time

75 No data
Company
User rating User rating 4.8 / 5 5 user reviews User rating 4.3 / 5 3 user reviews
Cryptogeek rating Cryptogeek rating 4.2 / 5 Cryptogeek rating 4.0 / 5
Trust Score How it works Trust Score 4.62 / 5 Trust Score 4.33 / 5
About
DigiByte (DGB) is an open-source cryptocurrency launched in 2014. As of now, the coin is close to the bottom of the top 50 cryptocurrencies by market cap. DigiByte relies on the Proof-of-Work consensus mechanism hence it can be mined. The currency is deflationary and built using the Bitcoin code but unlike Bitcoin, its total supply is limited to 21 billion DGB. Another priority of DigiByte currency is the speed of transactions. Currently, the network is capable of performing over one thousand transactions per second.
Elastos (ELA) is a mineable coin currently represented on a few Asian exchanges. Blockchain solutions of the issuing company can be applied across various industries, such as real estate, media, etc.
Type Type coin Type coin
Founding Date Founding Date 2014 Founding Date 2017
Country Country International Country No data
Languages Languages No data Languages No data
Team Team Public Team Public
Protocol Protocol Public blockchain Protocol Public blockchain
Current price (USD) Current price (USD) 0.0120 Current price (USD) 3.4142
All-time high (USD) All-time high (USD) 0.1429 All-time high (USD) 93.9600
Price change (24h) Price change (24h) -2.02 Price change (24h) -1.07
Volume (24h) Volume (24h) 1570796.36735 Volume (24h) 99643.54464
Hashrate Hashrate 174880000 Hashrate 101344000
Max Supply Max Supply 21000000000.00000 Max Supply 34065709.00000
Total supply Total supply No data Total supply No data
Circulating Supply Circulating Supply 16971310307.27603 Circulating Supply 25515437.00000
Transaction speed / Block time Transaction speed / Block time 560 Transaction speed / Block time 245
Transaction fee Transaction fee No data Transaction fee No data
Mining profitability Mining profitability high Mining profitability medium
Algorithm Algorithm Multiple Algorithm No data
Proof type Proof type PoW Proof type No data
Fully premined Fully premined No data Fully premined No data
Smart contract address Smart contract address No data Smart contract address No data
Total coins mined Total coins mined 13345653625.81080 Total coins mined No data
Is trading Is trading yes Is trading yes
Block reward Block reward 650.865597094528 Block reward No data
Block time Block time 75 Block time No data

Social

Website

www.digibyte.io www.elastos.org

Twitter

@DigiByteCoin @Elastos_org
Website Website www.digibyte.io Website www.elastos.org
Twitter Twitter @DigiByteCoin Twitter @Elastos_org

Advantages

High speed Strong community Many algorithms for mining available Interesting concept Ability to earn using the platform

Disadvantages

Relatively low market performance Inflationary currency High dependence on popularity

Rating

User rating User rating 4.8 / 5 5 user reviews User rating 4.3 / 5 3 user reviews
Cryptogeek rating Cryptogeek rating 4.2 / 5 Cryptogeek rating 4.0 / 5
Advantages Advantages High speed Strong community Many algorithms for mining available Advantages Interesting concept Ability to earn using the platform
Disadvantages Disadvantages Relatively low market performance Disadvantages Inflationary currency High dependence on popularity

DigiByte (DGB) user rating is 4.8, based on 5 user reviews. Elastos (ELA) user rating is 4.3, based on 3 user reviews.

We also calculate the special Cryptogeek TrustScore based on the characteristics of each coin.

We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score?
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DigiByte (DGB) features

At the moment DigiByte (DGB) price is 0.12. Its 24h volume is 1,570,796.36735. 24h price change is -2.2.

DigiByte (DGB) max supply is 21,000,000,000.0. The circulating supply is 16,971,310,307.276.

DigiByte (DGB) hash rate is 174880000. DigiByte (DGB) transaction speed/block time is 560. Block reward is 651.86559709453.

At the moment the number of coins mined is 13,345,653,626.811. Mining profitability is high.

DigiByte (DGB) Cryptogeek user rating is 4.8, based on 5 user reviews.

Elastos (ELA) features

Elastos (ELA) price is 3.4142. Its 24h volume is 99,644.54464. 24h price change is -1.7.

Elastos (ELA) max supply is 34,065,709.0. The circulating supply is 25,515,437.0.

Elastos (ELA) hash rate is 101344000. Elastos (ELA) transaction speed/block time is 245.

Mining profitability is medium.

Elastos (ELA) Cryptogeek user rating is 4.3, based on 3 user reviews.

Some basic rules

When trading cryptocurrency, you should take into account the following rules:

Keep track of emotions

Put emotions aside and do not try to run after prices - the time will come and your token will go up. In a bull market, each asset has its finest hour.

Beware of hype

Transparency in the cryptocurrency market is a scarce commodity. Be on the lookout for everything you hear critically, and think about the possible reasons for the newsmaker before spreading the news.

Study the topic yourself, taking into account other people's opinions. Take the news critically. People name different reasons for the recent decline in the cryptocurrency market - these are :baseCompany futures, the Chinese New Year, the loss of interest in :baseCompany, and the downside game by large players ... However, it is possible that the whole thing is false news.

Don't be taken in by false news

An important lesson: do not believe the news, study the topic yourself.

Apply investments diversification strategy and risk management

Diversification is one of the oldest and most important concepts for an investor. Here's how to do it.

  1. Low risk, high market capitalization: 40% of your portfolio. These are the safest and most stable investments, 10 leading tokens. Popular options: :baseCompany, :compareCompany, Neo, and so on. These tokens most likely have a great future, and in the event of market volatility, they will be least affected.
  2. An average risk, average market capitalization: 30% of the portfolio. These are promising and developing projects with great growth potential from the top 50. Popular options: VeChain (VEN), ICON (ICX), Omisego (OMG), and so on.
  3. High risk, low market capitalization: 30% of the portfolio. Here we are talking about active trading and highly profitable instruments, and constant attention is required. This category may include, for example, Red Pulse (RPX) and Internet Node Token (INT).

Lesson: never put all your eggs in one basket.

Do not store tokens on exchanges

Lesson: while tokens are stored on the exchange, do not consider them as yours.

On this page, you can compare DigiByte (DGB) with Elastos (ELA). Which coin is better to buy now? What will be the better investment?

You can read more about cryptocurrency investment strategies in this article. Some additional rules you can also find here. Finally, you can read about the top 10 trading mistakes leading to failure in this article.