1 Level
5 Review
1 Karma
Review on DigiByte by Kelechi Agbai
DigiByte wasn’t the first blockchain, but it has first-mover advantage over…
DigiByte wasn’t the first blockchain, but it has first-mover advantage over most projects by having an active community with an existing platform already up for four years. DigiByte may never be as popular as Bitcoin as a digital asset, but it’ll surely remain in use because of its key advantages.
Pros
- DigiByte is faster than Bitcoin and getting even faster. By 2020, it projects to handle 2000 transactions per second. Because of its fast processing speed, DigiByte is the longest active blockchain, easily surpassing Bitcoin with no slowdown. It has three-layer blockchain with five unique algorithms running on it. This makes it cross compatible with nearly any other blockchain. Its open-source nature encourages further development to keep DigiByte relevant as time moves on.
Cons
- Still a genuine altcoin, DigiByte’s pricing is very much tied to Bitcoin, but it’s much more of a blockchain 2.0 project.
