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Review on DigiByte by Zara Gibbs
In the future, DigiByte has plans to support smart contracts development on…
In the future, DigiByte has plans to support smart contracts development on top of its blockchain. The developer community needs reliable, open-source tools to implement DigiByte apps and services. DigiByte.JS will provide a reliable API for JavaScript apps that need to interface with the platform.
Pros
- DigiByte rebalances the load between the five mining algorithms by adjusting the difficulty of each so one algorithm doesn’t become dominant. This rebalancing technology is called MultiShield, and it’s one of DigiByte’s technical advancements. MultiShield’s early prototype, DigiShield, implemented responsive difficulty adjustment to prevent miners with lots of processing power from manipulating smaller blockchains. DigiShield’s asymmetric difficulty has gained notoriety and been deployed in many other blockchains.
Cons
- DigiByte has, however, been successful at decentralizing its mining. They’ve done so largely through good mining incentives and use of five algorithms. These mining algorithms split miners and mining power into five equal, smaller groups. This keeps mining competitive while still allowing for each group to mine a block every 1.5 minutes. The DigiByte blockchain has over 100,000 nodes across six continents.
