Review on DigiByte by jose gregorio almarza
My DigiByte
As we all know it, DigiByte is one of the oldest cryptocurrencies in the crypto world and although it is not one of the best known globally, it is one of the completely open source and effective projects in its transactions, managing to do more 560 transactions per second.
DigiBytes are digital assets that managed to be realized In the world with the impossibility of being hacked, replicated, oh destroyed. Well, all this makes them the most stable and secure to protect large objects of great value such as information, currencies, or even extremely important digital data, and all this thanks to the fact that they have the largest blockchain in the world, managing to create one block every 15 seconds
Ah despite the fact that DigiByte is frankly based on bitcoin, great adjustments were made in the code that allow it to provide and execute improved functionality, and much greater security, thus being much faster and more efficient than ethereum and bitcoin
Pros
- The Digibyte project uses only five very advanced cryptographic algorithms such as (groestl, Qubit, scrypt, SHA-256, and Skein).
- DigiByte is one of the oldest and best paid coins.
- It can also be said that three of the five Digibyte algorithms are currently ASIC resistant and much better for GPU miners
- DigiByte cryptocurrency is a currency that is based on UTXO, which means that each currency has its own identifier that makes it more secure and avoids double-spending problems.
- DigiByte is clearly one of the most advanced cryptocurrencies out there
- DGB is available on most major exchange platforms
Cons
- ah despite DigiByte it is a really old and powerful platform thanks to its technology, in the world of cryptomans it is not totally known by all in its entirety, much of globalization is non-existent.
