Review on DigiByte by Syzmon Nowak
DigiByte, Digital project for a digital currency (cryptocurrency)
Many of the current projects on the market were developed out of the necessity to incorporate advancements and updates in the blockchain, which had gotten a bit stagnant over time due to the exponential expansion of the crypto industry. Digibyte was designed to compete with initiatives like bitcoin, which, although being one of the most popular cryptocurrencies, still has flaws. Digybite is not just a cryptocurrency, but also a highly decentralized blockchain with cutting-edge algorithms that ensure your assets are never lost or forged.
One of the primary advantages of this network over bitcoin is its great scalability; it can handle up to 567 transactions per second.
Pros
- Its mining algorithms are highly complex, and they may be modified in the future to avoid centralization issues.
- They even have their own wallet, which is available as a Chrome plugin.
Cons
- In comparison to comparable projects that do not offer as many capabilities as digibyte, its pricing has been quite stable.
