Review on DigiByte by Diane Tailor
Digibyte project
The project provides a decentralized cryptocurrency and a blockchain-based network that has been developed with the goal of security, use as money, and a fast and inexpensive payment method. This digital currency is one of the few old digital currencies that is still talked about and has its own fans.
Digibyte can be extracted by GPU, ASIC, and this feature makes it easy for those who want to earn money from mining.
One of the main similarities between digibyte and bitcoin is the transaction approval structure of this currency, both networks use the unspent output transaction model (UTXO).
Digi Assets technology is the latest innovation in the Digibyte currency network, which is located at the top of the currency blockchain and has the ability to use smart contracts, decentralized applications (dApps) and programming various tokens. Due to the high security and scalability of the digibyte network, experts believe that Digi Assets can be an ideal option for programmers.
Updated 3 years ago
Rating changed from 4 to 3
The digibyte project was one of the best cryptocurrency projects and offers unique digital capabilities in the form of a blockchain network. But now, unlike previous years, the project has lost significant value and is currently ranked 91st in terms of market cap size among the currencies listed on coinmarketcap.
Pros
- The global decentralization of Digibyte Blockchain (DGB) is spread across a large number of servers, computers, mobile phones and nodes around the world.
- DigiByte uses five secure and advanced digital currency mining algorithms to avoid mining focus compared to individual algorithms.
Cons
- New competitors with better features than after digibyte have also entered the cryptocurrenices market
