1 Level
6 Review
3 Karma
Review on DigiByte by Bien Ca
DGB-30 sec blocks vs BTC-10 min blocks, DGB 5 decentralized mining algorithmsโฆ
DGB-30 sec blocks vs BTC-10 min blocks, DGB 5 decentralized mining algorithms vs BTC 1 centralized mining algorithm, they have the same amount of coin supply (21 million) but with DGB all 21 million coins will be out in circulation in 20 years while with BTC it will take 140 years.
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Pros
- Interference converges between five different algorithms. Ensuring the difficulty makes hackers difficult to overcome. Better than individual algorithms
Cons
- Wallet The funds in DGB are stored in the official DigiByte wallet available on their website. It requires to run a full node and store the DigiByte blockchain. This requirement adds a hurdle for first time users.
