Review on DigiByte by Fanuel PORPORTY
Digibyte, an alternative to fiat money
DigiByte is a cryptocurrency managed by an active development team and community. Unlike most development teams, it has not published a white paper or technical documentation, but, according to claims by its developers, they aim to "promise less, do more."
DigiByte seems to consider itself above all as a means of payment. It uses a multilayer blockchain systemCesThese layers are intended to allow people to use DigiByte as an accepted payment method while retaining the blockchain security features.
DigiByte’s total supply is set at 21 billion, which will be mined by 2035. It also has a block time of 15 seconds, which allows transactions to be much faster than many other cryptocurrencies.
Pros
- DigyByte blockchain transactions, including very secure and decentralized. That is to say, they are not controlled by any central entity such as the bank or the government. Each user is the sole manager of their DigiByte account.
- DigiByte’s blockchain is completely secure through the use of new MultiShield technology.
Cons
- In addition, this virtual currency should already be placed in the Top 10 of the best crypto currencies but this is not yet the case. It is still among the top 50 electronic currencies on the financial market. For a cryptocurrency that has been around for a while, its evolution seems a bit slow. This can make investors think.
