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Review on DigiByte by Madeleine Herbert
DigiByte (DGB) is a rapidly growing world-wide decentralized payment network…
DigiByte (DGB) is a rapidly growing world-wide decentralized payment network, inspired by Bitcoin. DigiByte allows you to move money over the internet similar to PayPal & Western Union but with many improvements, including lightning fast transactions and minimal or no fees. You can send & receive DigiBytes to or from any DigiByte address in the world in a matter of seconds with no required sign up, registration, or hidden fees.
Pros
- DigiByte is quite popular, currently (August 2018) sitting in the #35 spot on Coinmarketcap.com with a market capitalization of just over $271 million. It is traded in over 100 countries and has seen its popularity continue rising for several reasons. Unlike other cryptocurrencies there are no fees for using DigiByte. And transactions are nearly instantaneous. Compare that with other cryptocurrencies that can take many minutes or even hours to validate. Any user can send DGB to a verified DigiByte address anywhere in the world without registering or paying any fees.
Cons
- Even after four-and-a-half years of development DigiByte continues to see its developers working hard to make improvements and upgrades to the blockchain. DGB transaction notifications happen within 1-3 seconds and blocks are discovered every 30 seconds currently, with transactions being completed every 3 minutes. Yet developers are planning to increase transaction speeds further.
