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Review on DigiByte by Demi Baxter
Many people presume that Ethereum is the only blockchain that can do…
Many people presume that Ethereum is the only blockchain that can do decentralized apps because of their full turing language support, when often times the majority of what people want done can be accomplished on a faster, less congested blockchain. We’ve already seen the likes of CryptoKitties have a severe impact on transaction times and Gas, but thankfully with the 560 transactions per-second that DigiByte supports, we could take all the transactions from the Top #50 blockchains combined and still not have any issues.
Pros
- Some of the things we are most proud of include having the longest UTXO blockchain by over a million blocks. This has presented us with some interesting challenges that other coins haven’t yet had to deal with. Things like syncing that many blocks in the wallet, a lot of other Blockchains don’t realize it’s not JUST about the raw size of the chain. The combination of DigiShield (MultiShield) and our MultiAlgo provides some immense security and stability on the blockchain that many others take for granted, and on a personal level I’m probably most proud of this winning combination. A look at Jareds talk at the recent Bitcoin Texas Conference on YouTube explains why this is such fantastic breakthrough for the security of the blockchain
Cons
- DigiByte is very much going to be part of the security space. So many people look at the blockchain and cryptocurrencies as just that, currency, when there are so many more amazing uses for this. The up-coming mobile wallets and the subsequent improvements to them later on in the year are our primary milestone we’re going to need to complete to achieve this, and there are a number of additional exciting things coming.
