Review on Digibyte Core by Ibrahim Sunday
Digibyte, a sleeping giant of crypto
experienceInvesting in crpto has become a very sensitive endeavour. You have to make through research on any market or product you are about using. Choosing the best crypto wallet for your transaction is a stepping stone to you being successful in any crypto investment or trading. But there are a lot available you get confuse which one is best. You should choose one which suits you, in terms of transaction charges, benefits such as staking and so on when you are holding and most importantly its security
Digibyte has been generally referred to as the "sleeping giant of crypto" by its fans. This is due to its fast network speed, it's easy scalability and its good reports on security. They have been in action for more than 4 years and sure a save platform for your investment
I starting using this wallet when I saw reports about its transaction speed, it has one of the best network I have come across so far. It has a very easy going interface, which I enjoyed as nothing is complicated. The wallets transaction is based on the UTXO. This system considers all your funds on your wallet as unspent, but immediately after making a transfer, it becomes spent. This system was put in place to stop the problem of double sent transaction as the wallet is made and well adapted for business transactions majorly. The wallet has its own native currency, DGB, which is listed in some exchange, but I didn't put in much interest on
Looking on the transaction fees and considering the speed, the fees is OK, but the wallet is very bulky as it require a lot of space to install. The wallet is recommendable. You can go ahead and give it a
Pros
- It has a very good user interface, and easy to navigate around.
- It is a multi coin wallet.
- It has a very fast transaction speed and an easy scalable network.
Cons
- It is bulky, as it takes a large space in your device
- There are complains on security Bruges recently.
