1 Level
6 Review
4 Karma
Review on DigiByte by Thin Phan
The multi-algo approach seems like an innovative way to ensure…
The multi-algo approach seems like an innovative way to ensure decentralization since only 20% of blocks can be mined under each algorithm. It’s reassuring that DigiByte can’t be taken over by ASIC miners, like Bitcoin has been.
Pros
- Fast transaction speed: In less than 5 seconds, you can successfully buy a packet of coffee powder without having to wait. To do this, DigiByte pre-encodes a separate block. It is more competitive, stronger and faster than the outdated public blockchain
Cons
- It needs more acceptance/buzz and would benefit from increased marketing efforts.
