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Amritsar
4 Level
146 Review
324.75 Karma

Review on DigiByte by Aman Arora

Revainrating 4 out of 5

Digibyte provide solution for easy integration

In the vastly increasing popularity of crypto projects one project seems to provide better reliability speed and integration with low fees than the other so it is very important to research and find the coin in real used cases before taking a decision. Digibyte Coin has become popular due to its transparency fearures and easy storing data in real used cases in secured manner.
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Digibyte has already proven to be safer faster and low cost fees substitute of all the available options. Reason being the speed as Bitcoin transaction takes average 10 minutes to process a transaction with 7 second taken to process a transaction with high mining cost whereas Digibyte can handle close to1000 transactions per second with an average transaction time is 15 seconds. Digibyte has very low to no transaction cost. Use of segwit technology helps DGB to process transactions more speedly and put less load on servers. With the use of Digi ID authentication become more transparent.
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Only drawback of DGB is its Coin value because after so many years DGB coin has underperformed and has not been in the list of investors. Digibyte also got added in Coinbase wallet but still it didn't impact too much on Price.
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Digibyte is vastly traded on most of the exchanges with other variables and with Bittrex tops the list of volume. Supply is close to 21B and market cap of 370M as of writing. Project has lot of catching up to as it has target of handling of lot more transaction per second in the years to come and if it happens to be truth then Digibyte probably will be the best coin to be integrated on stores for faster and secure transactions and also for sending and receiving money worldwide.

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Pros
  • Digibyte known for faster speed low cost transactions with an ability to handle large transactions per second
  • Transparent and multi layered for better performance and security
  • Easy to mine with different algorithms and trade with good volume on exchanges for easy acquisition
Cons
  • Undervalued Coin Price and require more adoption globally

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