Header banner
Revain logoHome Page
Eve Vallenilla photo
Venezuela
2 Level
86 Review
264 Karma

Review on DigiByte by Eve Vallenilla

Revainrating 3 out of 5

DigiByte: digital protocol for non-custodial, reliable and efficient asset management

In the search to overcome the common obstacles faced by most cryptographic protocols, new digital platforms are emerging every day that incorporate modifications and new technological resources to offer a more efficient digital asset to users.

Although the DigiByte platform dates back a long time since its first appearance on the stock market (2014), its foray brought improvements in the speed and performance of the digital currency as opposed to popular protocols such as the popular Bitcoin.

What improvements does DigiByte make?

DigiByte through its digital protocol acronym DGB, provides a higher transaction speed due to the greater scalability within the virtual machinery of the platform. This characteristic is due to the use of the digital resource Segregated Witness that optimizes the performance of scalability by influencing the size of the chain.

DigiByte stands out within the cryptographic protocols for being one of the few networks that has the most extensive block chain.

In addition to this, the DGB cryptocurrency performs better due to its greater scalability within the platform. This feature has a significant impact on your ability to handle a large basket of operations per second.

Another of DigiByte's virtues is the security it guarantees to the network, due to the characteristics of its blockchain infrastructure and the introduction of the UTXO system, which is responsible for avoiding duplication of spending.

Although DigiByte's native cryptocurrency, like the vast majority of currencies, is subject to volatility in value in the digital asset market, it is widely traded on many popular global exchange networks.

With all of the above, we can conclude that although DigiByte is not a stable value currency, it does possess the necessary qualities for efficient asset management in the world stock market.



Pros
  • Provides an efficient network for trading digital assets
  • Quite scalable digital protocol
  • Secure cryptocurrency that avoids duplication of spending
  • Has a long history of marketing in the market
Cons
  • Currency subject to price volatility

Similar reviews