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Review on DigiByte by Talon Bourassa
Like Ethereum, DigiByte’s network has multiple layers. One is the core…
Like Ethereum, DigiByte’s network has multiple layers. One is the core protocol layer, followed by a digital asset layer and decentralized application layer. Keeping these separate, along with running five algorithms on them, makes DigiByte’s tech state-of-the-art and future-proof for possibly a long time.
Even if it fails to be adopted by the mainstream, DigiByte is sure to continue receiving valuable community support for years to come.
Pros
- Rather than an altcoin, I like to call DigiByte an auxcoin. It’s an auxiliary form of payment that will ultimately sustain a market because of its cross-chain compatibility. Segregated witness (SegWit) makes it a valuable coin that can be used as an intermediary on market trades to easy congestion to assets like Bitcoin.
Cons
- t’s 40 times faster than Bitcoin, and its four-year lifespan so far easily outpaced Bitcoin’s transactions in throughput alone. At 280 transactions per second, DigiByte hasn’t slowed in its old age, proving it’s a more scalable payment and mining option than Bitcoin.
