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Revainrating 5 out of 5

We’ve had this troll for a few months now. He posts outlandish and…

We’ve had this troll for a few months now. He posts outlandish and unsubstantiated lies about DGB. I’d like to ask him why DGB, why only when DGB is down. Do you feel any shame in being a troll? Last thing, do you troll other coins as well? Just for the purpose of understanding why you post such ignorant things. I think mostly we feel sorry for you...I feel sorry for you.

Pros
  • I come to this forum to exchange information and sometimes post some updates on DGB, I have posted more on the Cardano forum lately, I do not waste my time posting news on currency forums of which I am not sympathetic. @Magicboy you should use your time in the currency forums that please you, if you do not like DGB what reason you are here? If you do not like Cardano, why should you be on the ADA forum?
Cons
  • Your presence in these forums makes you a troll, after all you try to denigrate the image of these projects at all costs, these attitudes make you an official cryptocompare troll, spend your time trying to promote what you believe, do not waste your time on projects that you hate, your opinion or publication will not have any negative relevance on the DGB or Cardano, do not waste your time to denigrate these projects, this just turns you into a disqualified Troll.

Revainrating 5 out of 5

There currently is no Digibyte White Paper. The link above provides a few…

There currently is no Digibyte White Paper. The link above provides a few Digibyte Guides which covers some of the information you would expect to find in an official white paper.

Pros
  • Welcome to the DigiByte Info Sheet from White Paper Pagoda. Below we have the DigiByte white paper which can be read on this site or downloaded for future reading. We also include other useful information to assist your research, including links to exchanges so you can buy DigiByte today
Cons
  • This is not financial advice. We are merely sharing our personal opinions based on our own research. You should do your own research as well to reach your own conclusions

Revainrating 5 out of 5

This guide is not and should not be interpreted as investment advice, a…

This guide is not and should not be interpreted as investment advice, a recommendation regarding a course of action or as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade. Cryptocurrencies are speculative and complex, and they involve significant risks­—they are highly volatile and sensitive to secondary activity. Performance is unpredictable, and past performance is no guarantee of future performance. Consider your own…

Pros
  • The company has also recently announced that DGB miners are now welcome to start mining DigiByte having AMD and NVIDIA GPUs now supported with the renewed requirements for mining of this digital asset. DigiByte is implementing DGB adoption with some promising partnerships that would bring DGB closer to its real-time usage. If all goes to plan and timelines, very soon one could see the price of DGB skyrocketing above its all-time high and straight towards a symbolic value of USD 1
Cons
  • Digibyte has been constantly working on innovations, and improvements trying to complete its milestones step by step. While the progress seems promising, they still have some significant milestones as a part of their roadmap, waiting to be completed

Some trashing. The number of apparently happened here, even as some members of the DigiByte community known more, I know this because one of them was for me. My review here is a touch generous side but it in no way compensated for what happened here

Pros
  • Digibyte is a cryptocurrency solid, but with absolutely nothing special going for it. Just a coin that "non-. It seems to me that this coin is held by the smoke of the hopium, the spray from the nostrils of 100 bagholders. Besides an attempt to inflate the coin to one can pour on others, I don't really see a reason for Digibyte exist.
Cons
  • Digibyte basic nothing going for it, just a lot of hot air and marketing efforts. the chart is a clear P & D, perhaps from Jared few blows which he could Jew an investor out. slowdown, not to provide information to the public, and underestimate the trader

DigiByte’s supporters argue that it’s the sleeping giant of cryptocurrency. According to its fans, it’s on the cutting edge of crypto-technology. It hosts a network that’s faster, more scalable, and more secure than other major currencies. Over time, they argue, its superior technology will win out against Bitcoin, Litecoin, and other top digital cash options. DigiByte has a dedicated community and nearly 100,000 nodes across the globe.

Pros
  • the best project I joined. transaction speed too fast. DigiByte launched its genesis block on January 10th, 2014. At launch, it used a single proof of work algorithm. Soon after, however, DigiByte conducted a hard fork to introduce a total of five proof of work algorithms. Splitting the mining between algorithms encourages decentralization and increases the security of the network.
Cons
  • A new DigiByte block is mined approximately every 15-18 seconds. Each of the five mining algorithms mines one block every 1.5 minutes. Within each block, transaction sizes are limited. DigiByte was also the first to implement Segregated Witness technology, helping keep its blockchain small and scalable. The fast blocktime combined with four years of existence means DigiByte has the longest blockchain currently in existence. Longer even than Bitcoin’s.

Revainrating 4 out of 5

Digibyte is real. Worldwide decentralized crypto network. The fastest and…

Digibyte is real. Worldwide decentralized crypto network. The fastest and safest with the lowest fees. Proven technology. Real life applications like DiguSign and DiguID. More Merchants accepting DigiByte on a daily basis. Adoption growing daily. This monster is not going away anymore, but growing daily.

Pros
  • The Wonderful World of Digi !!! You can purchase items with it, (digibyte). It can help prevent identity theft, (digi-id). Sign your important documents with it, (digusign). Send secure messages with it , (digimessenger). Decentralized and much much more. It's the one stop blockchain for all your needs!!!! That is my take, why would you need anything else. (Drops mic)
Cons
  • Decentralisation is much more sure and verifiable on a block chain such as DGBs. Proof of work still remains the most secure way to verify and finalise transactions and it is in fact the preferable way to do things from a security perspective. Iota for example has many problems in that the network could be hidden in a cloud of false transactions and thus cause many problems.

Literally the first part of the post. The post to me is interpreted as how do these other coins differ to XMR as they are much lower in price / market cap. I make the assumption that OP does not realise all three coins in reference have a supply in the billions compared to XMR. But make the assumption I own XMR and I’m plugging it. I’m a long time DGB trader. Bought at 90 sats earlier this year and sold at 2200 sats. Will re-enter when the time is right.

Pros
  • DGB up to 5 diferent mining algorithms vs NANO pre mined coins ( for me, these points are really important because that's all about crypto, if not with your VISA you also get instant payments in your current currency, and if for example you are in the UE, 0% fee, and most important, accepted every where) DGB has proved to be highly secure over the years vs NANO hasn't proved anything yet
Cons
  • In the end, all the best marketing in the world will not matter, because DGB as the currency offers nothing unique to the much better coin. Like Bitcoin, or Ethereum, or Razor.

I think you're overestimating the number of blockchains faster than DigiByte. Please name them. If Nano is your counter argument, understand that it's not a traditional UTXO blockchain (it's "block lattice" which is unproven). Nano is taking a risk with their block lattice "tech" and will need 4.5 years (like DGB) to prove that its chain can hold up. Oh... and not to forget, Nano was 100% pre-mined, so it is ridiculously centralized. No way the developers didn't store away large portions of…

Pros
  • Regarding the speed of transactions, you can achieve it in several ways. Off-chain solutions, as it is LN; with more centralized solutions, like having main servers that sustain the basis of the network (BitShares, and so on); InstantSend from Dash, which takes advantage of the masternodes, creating some level of centralization and other issues such as economic power centralization. You also have Digibyte's solutions which is to take the size of a Bitcoin block, reduce the block time to 75s, have five algorithms (huge step in decentralization and security, combined with DigiShield) giving you a confirmed block every 15s (and about 560tps maximum). So Digibyte wins in security and decentralization, and when money is the topic you want the most secure solution. And it's really hard to mess with it.
Cons
  • Lightning Network is an "off-chain" solution, meaning it occurs outside of the blockchain. If we're looking for solutions outside of blockchains, then why not stick with Visa/Mastercard which are already digital currency and super fast? DigiByte provides the same speed while keeping everything "on-chain". We never have to leave the blockchain with DigiByte to find solutions that proponents of LN seek.

Revainrating 4 out of 5

I think the fact that Digibyte, in its 4.5 year existence have built on…

I think the fact that Digibyte, in its 4.5 year existence have built on improving its core layer, increase its robustness, implement tweaks to code to improve overall performance. Building a solid base first, then what you build on top of that base has a better chance at success. Their learning curve is not in front of them, it's behind them. Some other coins have put the cart before the horse, not in the case of Digibyte. Imho

Pros
  • To me it seems like it a crowded space and we have Lightning network on the way. Not to mention every pure currency project that claims faster speed than BTC, doesn't have network volume to justify the claim. Not hating just being constructive and fair.
Cons
  • It makes the 51% attack virtually impossible. You could take all the Bitcoin miners in the world and make them try to attack DigiByte. It would make no difference since they would only get the majority of one out of the five algorithms. To make a successful attack on DigiByte you would need around 93% of the hashing power on one algorithm and 51% of ALL the others at the same time.

Digibyte is a solid investment . Digibyte will rise anf become the leader in crypto currencies and bringing out new feature all the time . So i give full suport Dgb project.

Pros
  • DGB pioneered digishield which is used to protect more than 25 alt coins from a malicious attack . The most decentralized mineable blockchain in the market , since they are on over a 100000 nodes . Therefor they are more distributed than Bitcoin 7.80% or other digital assets.
Cons
  • Digibyte is growinh fast but still unsatisfaction by the users . Dgb coin does not offers nothing unique to much better its project .

I think the Digibyte has the ability to expand and move as a new blockchain technology.

Pros
  • Digibyte has the scalability which is a huge plus point compared to other fixed block sized blockchains and DGB can expand it's block size and reduce block times and increase transaction rates.
Cons
  • The official Digibyte wallet available on the website is a little complex and difficult to set up for a new user.

Digibyte has many future plans and people have many reasons to hold a bag of DGB for the future too :)

Pros
  • They double the block size yearly and increase the transaction speed and they will reach a maximums speed of 280 000 txns per second in 2035 and this is a good future prosperity.
Cons
  • Many people have the opinion that Digibyte does not have many real world applications or use cases in where the blockain can be utilized.

Revainrating 5 out of 5

DGB might want to rethink their marketing plans and try to increase the…

DGB might want to rethink their marketing plans and try to increase the popularity they have to succeed their plans and become a good blockchain.

Pros
  • Digibyte provides a crypto currency and also a blockchain platform where decentralized applications can be capitalized on.
Cons
  • Since Digibyte was launched without an ICO, they don't have a strong community base.

DGB will be used as a base currency for buying and selling very soon in the online markets due to its low fees and everything. So DGB has a good future.

Pros
  • Digibyte offers very secure and fast transactions. This enables DGB to be used as a day to day currency for buying and selling etc.
Cons
  • Although digibyte is around the market for a long time, many people even haven't heard of the coin.

A recommended project based on its pros listed above. Although the progress could be better, still the project is making decent enough moves to be stable in the current market. I have recommended the coin personally in many cases

Pros
  • Have gained an immense growth in market price recently. Even after the market down comes in recent times,.DGB could maintain a solid rate for int coin and is stable even at this point. Is understood as one of safest coins to invest on and is continuing to make a big impression among the greats in the industry. I have personally gained a considerable increase in assets by joining DGB in its early stage and even at this point i am experiencing a growth.
Cons
  • Has faced some technical issues in 2017 regarding an event that took place in supporting several gaming platforms. The progress could have been a lot improved considering its potential. The team is of course acceptable. But is questionable when it comes to block chain knowledge.

Another reason why buying DGB right now is the fact that it is so young, and not yet known. A lot of people would rather consider buying Bitcoin or Ethereum, but these are the cryptos that have already achieved success. Digibyte’s time has yet to arrive, and getting it early on is probably the smartest move with this crypto. Once people start realizing what it has to offer, everyone will want to get some of it.

Pros
  • Digibyte’s blockchain is superior to others As mentioned previously, Digibyte’s blockchain is extremely safe. This is due to the fact that it uses five, equally-weighted, mining algorithms, where each of them has its own, personal, difficulty adjustment. This is what the team behind it calls a MultiShield. Theoretically, this is more than enough to completely eliminate things like 51% attacks, or hostile hard forks that have been plaguing many other cryptos.
Cons
  • Additionally, the team is also forming the Digibyte Awareness Team, which purpose will be to increase the awareness of this crypto. The result is obvious, and the DGB has started receiving a lot more attention from the media, as well as more users and investors. But, what is it that makes this project so special? Three things, in fact.

As mentioned previously, Digibyte’s blockchain is extremely safe. This is due to the fact that it uses five, equally-weighted, mining algorithms, where each of them has its own, personal, difficulty adjustment. This is what the team behind it calls a MultiShield. Theoretically, this is more than enough to completely eliminate things like 51% attacks, or hostile hard forks that have been plaguing many other cryptos.

Pros
  • Digibyte has been around for awhile, since at least 2014. The developer, Jared Tate, is a good public speaker and has been involved in the crypto scene for quite some time.Digibyte has a variety of projects in motion, from Digusign to Digibyte gaming. This diversified approach ensures it will capture many segments of the market, and personally I'm a guy who sees huge potential in introducing cryptocurrency to gamers worldwide. Totally undervalued - in my opinion, DGB was overdue for a price raise. While I was too preoccupied with Ripple (XRP) to catch this pump, I definitely thought it was priced too low at 114 sats. Quite fast!
Cons
  • Digibyte gaming has been on the backburner for some time, and the wallet is in a state of disrepair at the time this article was written. I think there's been a lot of fuss about the perceived ties to big games like CS:GO, LoL, and Minecraft, but at present the only game that is integrated with the gaming wallet is League of Legends due to compatibility issues. It's been around for a long time, and if you look back, this coin has been the target of inorganic growth numerous times. Low volume ensures that this is not necessarily the safest investment vehicle in crypto right now.

Revainrating 5 out of 5

As an example. Instead of World of Warcraft having to develop their own…

As an example. Instead of World of Warcraft having to develop their own cryptocurrency. It would be able to just use the DigiByte technology and the Digi coin. Then World of Warcraft could easily exchange value between the players. So on the large scale like World of Warcraft it may not be necessary because they have so many developers and have so much money in the game

Pros
  • DigiByte is currently the worlds 61st largest cryptocurrency. With a market cap of around 327 million dollars. It’s currently trading at around .03 cents
Cons
  • DigiByte does have a lot of interesting applications. For example DigiSign and DigiDoc. There is also a prototype showing how certain cryptocurrencies can be incorporated into games such as Minecraft.

Although the Digibyte developers do not have an actual roadmap, they do have various development ideas that they are considering. Firstly, they are considering a mining algorithm swap. At the moment, the blockchain uses 5 different versions, however the team is thinking about changing one of them to make mining even more decentralized.

Pros
  • The first Digibyte price prediction I wanted to talk to you about was one released by Coinliker. As you will see from the screenshot below, they believe that by June 2019, the Digibyte price will increase to $1.44. Is this reliable? Well, a price of $1.44 would amount to a total market capitalization of approximately $16 billion. This would be quite a significant increase as it would see Digibyte enter the top 10 cryptocurrency rankings
Cons
  • However, the assumption is based on something significant. Crypto_Gunter argues that the ideal price of the DGB coin should amount to 1/1000th of what Bitcoin is worth. For example, if Bitcoin was worth $10,000, then Digibyte should be worth $10. Using the theory of the above Digibyte price prediction, Bitcoin would need to reach $20,000 for the DGB coin to increase to $20.

After the launch, Tate dedicated himself full time to DigiByte’s development. Since then, funding for the project has come through donations to the DigiByte foundation. It’s also reasonable to assume that Tate and others involved in the project hold a significant amount of DGB (the DigiByte coin) from mining and initial transactions. Their wealth would increase any time the price of DGB increases. Speaking of other people working on the DigiByte team, it’s difficult to find much out about the…

Pros
  • Traction is the name of the game for DigiByte. So far in its four-year history, it hasn’t gotten much. 100,000 nodes is a respectable network size for an alternative currency. However, DigiByte is a relatively old currency, and it has had opportunities to gain massive support with the right messaging and public relations
Cons
  • now the usability is poor but if teams of developers to work more on it as a method of payment in the next future then it will be great for the money