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Learn about DigiByte ($DGB) for a chance to earn $100 DGB - Guarda Wallet

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Guarda Wallet Learn & Earn campaign is live since December 24th.

What is DigiByte?

DigiByte is a truly decentralized UTXO blockchain that was launched in 2014. It is the most decentralized Proof-of-Work-mined blockchain in the world. The DigiByte blockchain is an immutable ledger; fully open source, released under the MIT license, and completely verifiable by any individual or entity. DigiByte is truly permissionless with no central controlling authority.

Before taking the quiz, make sure to learn about DigiByte through the 2 articles below. Even though I provide the answer to the quiz, the whole point is to learn something new.

How to take the quiz?

You first have to sign up to Guarda Wallet and create a $DGB wallet as you will have to provide this address. Next, you will have to:

Once you're all set you can now take the quiz to which you will find the answer below:

  • Provide your social media handle (link) (ex: https://twitter.com/myhandle)
  • Provide your Guarda $DGB wallet address (ex: DB123456...)
  • In which year was DigiByte founded? 2014
  • Is DigiByte deflationary? Not yet, but there is a limited number of coins to be mined by mid-2030s. After that, it will become deflationary
  • Can you stake DigiByte? No, as it's a Proof-of-Work blockchain
  • Core characteristics/principles of DigiByte Decentralization, Privacy, Scalability, Speed
  • What can you do with $DGB on Guarda Wallet? Store, send, receive DGB, Exchange DGB for any supported currency, Buy DGB on all platforms

Note that the reward of $100 worth of DGB is limited to 3 lucky participants and distributed randomly.

Thanks for reading.

Disclaimer: All information found on this article is for informational purposes only. I do not provide any personal investment advice so please make your own research before proceeding to any investment/trading actions.

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