Digibyte is the newest blockchain in the cyber currency market. A blockchain is a term used to refer to the series of aligned blocks that contain and maintain the record of all cryptocurrency transactions that occur. It has its genesis in the release of Bitcoin in 2008 but has grown in practically and efficiency since being made public. Among the latest blockchains is the new Digibyte. It is a decentralized blockchain and virtual asset that is designed to protect user data, currency trading and information. Since being launched in 2014, the new platform has continued to expand what it offers as well as to heighten the security offered to users.