Pros
- DigiByte was one of the pioneers in the implementation of SegWit
- DiguSign protocol
- Digi-ID application
Cons
- None
Pros
- The network is one of the highly decentralized ones thanks to the utilization of multi-algorithm mining which includes Scrypt, SHA256, Qubit, Skein, and Groestl
- This is a huge benefit of Digibyte coin. The implementation of the DigiSpeed protocol helps to decrease the block time to around 15 secs.
- Thanks to the multi-algorithm approach and the supported Proof of Work consensus the transactions and all activities can are stored on an immutable public ledger.
Cons
- Despite the fact that it is on the market already 5 years it cannot compete with Bitcoin and Litecoin yet. For many people, the project is not yet discovered.
- Different investors are stating that Digibyte is still weak compared with other cryptocurrencies.
- The official wallet available on their website is a full node one and it requires storage of the whole Digibyte coin blockchain and as I mentioned, it is the biggest one in the world.
Pros
- The no1 all round coin. Mining with the choice of six different algorithms for extra security, a voluntary start up with no ICO, A TEAM THAT CARES ABOUT THE QUALITY OF TECH INVOLVED. Dgb is also the longest and fast Blockchain out there. DGB ID is also a great instant pay system and DGB assets allows you great choice when trading and investing.
Cons
- There seems to be a lot of politics going around this coin in that it hasn't been listed on all the top ten exchanges. Perhaps in time this problem will be resolved.
Pros
- No more bank money only Crypto Speed (Digi-Byte) DigiByte Have Working Products and Service for Todays world . 90% of Crypto World do not have a working products
Cons
- Ever person should have a working wallet with Digibyte.
Pros
- DigiByte was officially launched on January 10/2014 by entrepreneur and programmer Jared Tate. His goal is to develop a faster and safer cryptocurrency. The main goal of this project is to create an electronic currency that can reach a more decentralized community than Bitcoin.
Cons
- Charge does not exist. Illuminate fast transactions (almost instantly) without requiring any third party as a bank. Experienced and dedicated developers are working hard to develop new upgrades as soon as possible. Future updates are expected to make the transaction even faster. DGB transaction notification occurs in 1-3 seconds. The blocks are being detected by mining algorithms every 30 seconds and the transactions are completed every three minutes. 1 - No (or only very small) network operators charge for most DigiByte transactions to DigiByte to encourage new miners. 2 - Users can send and receive DGB money to or from any verified DigiByte address from anywhere in the world without having to register or pay any hidden fees. This electronic money uses advanced, advanced and advanced blockchain technology to ensure the data, documents and contracts needed in a way never before. Transactions in DigiByte are precisely limited in scope and size for the purpose of increasing the throughput, speed and efficiency of transactions. 1 - Only 21 billion DGB can be created in 21 years. 2- Blockchain DigiByte also maintains the confidentiality of all electronic money transactions. 3 - It has the fastest transaction speed on any public UTXO public-key chain at 15 blocks. 4 - Some new enhancements are allowed to occur on the blockchain of this electronic money due to separate witnesses.
Pros
- Digibyte is a decentralized Blockchain that is rapidly increasing. Digibyte can be used for more than just finances. It is made to be a digital asset that can securely defend data, digital residence or any other critical electronic facts. DGB can be used in several Blockchains and in several decentralized applications, thus offering the regulation of the digital asset for people who own and maintain DGB. The DigiByte blockchain is spread over a 200,000+ servers, computers, phones, and nodes worldwide.
Cons
- Low Market value.
Pros
- This currency is observed in several exchanges and is very striking although it is not in binance which is one of the largest exchanges that there is a price that is not at all agree with the one that should have about 0.02 $ an attractive price to acquire it since its price should be around $ 0.12 something interesting and if you enter it in an exchange as binance its price should shoot..
Cons
- It should focus on marketing and promotion so that more and more people can discover how good their blockchain is. this would generate more interest to the users to acquire it and they would be interested in their project so I would say that they make more publicity and open to the crypto world..
Pros
- DigiByte is faster than Bitcoin and getting even faster. By 2020, it projects to handle 2000 transactions per second. Because of its fast processing speed, DigiByte is the longest active blockchain, easily surpassing Bitcoin with no slowdown. It has three-layer blockchain with five unique algorithms running on it. This makes it cross compatible with nearly any other blockchain. Its open-source nature encourages further development to keep DigiByte relevant as time moves on.
Cons
- Still a genuine altcoin, DigiByte’s pricing is very much tied to Bitcoin, but it’s much more of a blockchain 2.0 project.
Pros
- 5 Mining Algorithm- Using Algorithms namely Sha256, Scrypt, Groestl, Skein, Qubit and the blockchain type which is decentralized and UTXO based. Digibyte is one of the few that uses these amounts of algorithms which considered to be a success. Used to escape from the problem that single algorithm had faced which is known as the 51% attack. Effective in certain ways as this type of attack can find i t difficult to manipulate since each algorithm controls only 20% of the network and as we all know that 51% attack can only be successful if it controls a total average of 51% of each algorithm. Blockchain Stability and Security- On top of the 5x mining algorithm that they laid down to offer, Digibyte assures additional protection for its blockchain by implementing the Digishield and Multishield. This is to insure that the Digibyte blockchain will be protected against multi-pools who would usually mine large portion of Digicoins. 15 Second Block Time Speed- Digibyte's block time speed if not arguably to be the fastest but considered to be as one of. Compared to Bitcoin's 10 minutes block time, Dash's between 15 and 23 seconds block time, and Ethereum's block time between 10 and 20 seconds is said to be a success in the blockchain industry. The outcome is faster processing of transactions within a few seconds not to mention what this attraction can be to the miners who will spend less time in mining.
Cons
- 560 Transactions Per Second- Compared to Bitcoin's 5-7 transactions per second is great. But for a new crypto company who has been promoting that they can process 2828 transactions per second. I think we have to make some adjustments to top on what they offer. More Exposure and Promotions- Digibyte must provide more marketing exposures like more partnerships with other companies to create wide awareness among its targets, of its existence and benefits. That in every country there should be at least one to represent them on their behalf.
Pros
- That’s hard to know but I will tell you what I think could have happened. A pump group decided to pump DigiByte when it knew the DigiSpeed hard fork was about to be released. Unfortunately for them the release of Digispeed was withheld by the developers, because they really don’t like being associated with pumps and it has happened before where a group pumps on every bit of positive information released to the community and its effects as they propagate, this makes the developers look complicit in the pump activity itself.
Cons
- That’s because with solutions like the lightning network, it pretty much boils down to trusting a centralized third party entity. This defeats the whole point of blockchain technology since current centralized systems are doing pretty fine at the moment. For instance, credit card companies can handle thousands of transactions per second, and can scale pretty fast. There would be no point in shifting to blockchain only to use a second layer protocol that may not work as effectively as the existing systems.
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.
Pros
- DigiByte has a market cap of $270,254,204 as of August 18, 2018. This is based on a circulating supply of 10,678,573,602 DGB (approximately half the maximum supply of 21,000,000,000) and an exchange rate of $0.025308. Its peak price so far occurred on January 5, 2018, when it reached $0.138940.DGB is widely accepted on crypto markets, with Bittrex, Poloniex, Sistemkoin, HitBTC, Kucoin, Upbit, and YoBit all having significant daily trade volumes. Still a genuine altcoin, DigiByte’s pricing is very much tied to Bitcoin, but it’s much more of a blockchain 2.0 project. Its three-layer blockchain network separates smart contracts, processing, and decentralized applications. It also features cross-chain compatibility, making it a capable competitor in the blockchain arms race.
Cons
- Throughout Bitcoin’s meteoric 2017, DigiByte had the good fortune to ride the cryptocurrency wave into several new investments. As a legacy crypto that existed in the pre-spike days, it was soon found by crypto media and analyst upstarts looking for the next new thing.Its trading pairs include BTC, USDT, and ETH, with occasional fiat currencies. DigiByte offers wallets for all Operating Systems, and there’s third-party support from Coinomi, Ledger, Trezor, Guarda, Exodus, Satowallet, and more.
Pros
- Exchanges Although the Digibyte coin is now listed on lots of different cryptocurrency exchanges, there are still a few missing. Binance, who is the largest exchange in the world with daily trading volumes of up to $2 billion, would cause the price of the DGB coin to go up if they decided to list it.
Cons
- The actual technology is one of the most important parts of a crypto project, otherwise people would never use it. Therefore, I think the Digibyte team should focus on marketing and promotion so that more and more people can find out how good their blockchain is! Not only would this attract more users to Digibyte, but it would also help the project form new partnerships with large organizations, which is something the team wants to do.
Pros
- The Digibyte team claims that they are actively looking for partnerships with corporate organizations. If a large company were to use the DGB coin within their systems, it could have a very positive effect on its price.
Cons
- However, the biggest development objective is what Digibyte call “Core 4.1.3”. Once the protocol has been built, it will allow users to create and enter into the smart contracts. This would be massive news for Digibyte and would most likely result in an increase in price of its DGB coin.
Pros
- Important for improving the service. Please add a comment in the comment field below explaining what you rated and why you gave it that rate. Failed Trade Recommendations should not be rated as that is considered a failure either way. Digibyte’s founder, Jared Tate, joined CNBC’s ‘Cryptoman’ Ran Neu-Ner to talk about a range of crypto and blockchain related issues, while also filling viewers in on the potential of his own project.
Cons
- Greg Thomson is a full-time crypto writer and digital nomad. He eats ICOs for breakfast and bleeds altcoins. Wherever he lays his public key is his home.
Pros
- Moving forward, Digibyte experienced its most successful period in between December 2017 and January 2018, where its value went all the way up to $0.129 per coin, reaching a market capitalization of over $1.2 billion! However, it is important to remember that the majority of the cryptocurrency industry experienced record-breaking highs in the same period and just like Digibyte, most of them lost their outstanding gains in early 2018.
Cons
- You might remember how I mentioned earlier that Digibyte performs much better than most other cryptocurrencies, so in reality, this would actually be a reasonable thing to happen. For example, Litecoin, which at the time of writing is the sixth most valuable coin, can only manage transaction speeds of 2.5 minutes.
Pros
- This is a good example of how volatile the cryptocurrency markets can be! In fact, the price movement was so significant that its market capitalization (I’ll talk about why this is important later) increased from just $14 million all the way up to $500 million!
Cons
- What better way to start than by finding out what the founder, Jared Tates, thinks will happen to the value of DGB? According to people within the Digibyte community, Tate believes that the value will eventually go anywhere between $1 and $10. However, there is a slight issue with this prediction.This is because it is very unusual for the leader of an organization, both in the real-world and cryptocurrency industry, to make a prediction on the value of their own project. This is like Mark Zuckerberg announcing that he believes the value of Facebook shares are going to rise to $1,000 per share!
Pros
- When I see that a coin is being attacked with useless postings of loser trolls, I'm more sure that I'm on the right track, always investing where the trolls attack, it's a sign that the project is great and it's bothering the losers.
Cons
- According to the report, the outstanding balance of cryptocurrency accounts in domestic banks was 2 trillion won as of December last year. This sum is deemed low because it represents only 8% of all deposits in local brokerage houses.
Pros
- if you believe BCN will win then hold on to his convictions and have good luck, even knowing that a BCN investor like Magicboy does not have the moral and ethical to speak negatively of the DGB and Cardano or any other existing currency, but as I said, neither even for these reasons I do not press the BCN forum to post negativity about this fraud.
Cons
- anyone thinging of using a trading company called AvaTrade .. do yourself a favour and stay away ... the company has terrible customer service misleading bonus structure that they can take away anytime they see fit .. will not reply to emails and have just a bad reputation in general .. myself and a few friend where with them .. my friends got out i stayed in and it was a big mistake .. they gave me a bonus of 1250 dollars in margin when i deposited a 5000 dollars more into my account .. just recently they took it back out causing my margin in general to fall lower and possibly causing my buying positions to crash .. they did this at a time of when the price was falling .. i found it to be intentional in their part and now they are not communicating to my emails .
Pros
- This will add to the awareness levels of Digibyte, further adding to its intrinsic value. In essence for an investor looking for a crypto with an element of longevity and a strong intrinsic value to it, Digibyte is definitely the coin to watch. A return of positive sentiment in crypto, coupled with a higher level of adoption, could see it test $1 in the near-term
Cons
- The whole idea behind this hard fork is to make Digibyte friendlier to GPU miners, hence maintaining its decentralized nature. By maintaining true decentralization, Digibyte (DGB) stands to gain more adoption as people turn to politically neutral money. Outside of its usage as a currency,
