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Review on DigiByte by Sophie Taylor
Digibyte was created in 2014 by its lead-developer, Jared Tate. It is a…
Digibyte was created in 2014 by its lead-developer, Jared Tate. It is a cryptocurrency project that aims to concentrate on increased transaction speed, decentralization and security. In fact, the Digibyte technology performs significantly better than most other cryptocurrencies.
Pros
- On the other hand, Bitcoin is only able to manage 7 transactions per second and Ethereum isn’t much better either, at just 15. Digibyte is also referred to as DGB and in total, there will be 21 billion coins in circulation, which is also expected in the year 2035. Interestingly, the Digibyte project became the first blockchain in the world to install something called SegWit (Segregated Witness). This means that transaction confirmations are separated from the information stored within the block, helping to achieve faster transactions.
Cons
- Ultimately, the biggest thing that affects the price movement of a coin is real-world events, such as improved technology, regulation and new partnerships. Just make sure that you don’t invest money based on pricing predictions alone. Do as much research as possible and make your mind up based on everything you have read!
