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Review on DigiByte by Talon Bourassa

Revainrating 4 out of 5

Like Ethereum, DigiByte’s network has multiple layers. One is the core…

Like Ethereum, DigiByte’s network has multiple layers. One is the core protocol layer, followed by a digital asset layer and decentralized application layer. Keeping these separate, along with running five algorithms on them, makes DigiByte’s tech state-of-the-art and future-proof for possibly a long time.
Even if it fails to be adopted by the mainstream, DigiByte is sure to continue receiving valuable community support for years to come.



Pros
  • Rather than an altcoin, I like to call DigiByte an auxcoin. It’s an auxiliary form of payment that will ultimately sustain a market because of its cross-chain compatibility. Segregated witness (SegWit) makes it a valuable coin that can be used as an intermediary on market trades to easy congestion to assets like Bitcoin.
Cons
  • t’s 40 times faster than Bitcoin, and its four-year lifespan so far easily outpaced Bitcoin’s transactions in throughput alone. At 280 transactions per second, DigiByte hasn’t slowed in its old age, proving it’s a more scalable payment and mining option than Bitcoin.

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