DigiByte was recently ranked #26 on Business Insider for being the most active cryptocurrencies in the blockchain space. Where will DigiByte go next from here?
A real time testimonial expressed stating, I sent some DGB to a friend in Germany and it took literally 3 seconds. Combine that with negligible fees and it’s the ultimate UTXO payment coin that keeps all the transactions on-chain. No need for 2nd layer solutions.
The Bobby is better than Billy ideal of Digibyte is better than Bitcoin is continuing to do its rounds in the cryptocurrency space.
Rudy Bouwman, pointed to that he really is not able to understand people complaining “DigiByte is only 2 cents” Price per coin is irrelevant. It’s about market capitalization: price x supply. Look at projects that were around in 2014 and still are in top 60. DigiByte is one of the very few. That’s what is relevant.
There were other users who stated that price is also important for investors who are spreading DigiByte. The 2 cent is good because lowest price was 0.3 cent in this year, but there are only 6 cryptos, which have developed and survived for 7 years. This is truly decentralized and powerful facts are more important than price.
In this regard, Sydney Ifergan, the crypto expert tweeted: “Those who have faith in Digibyte (DGB) are buying the dips. DGB is truly a fantastic project with lot of scope.”
It is well known that patience will be rewarded and in several cases of investment only patience helps. The community are working every day to advance DigiByte Blockchain Awareness. Just like Bitcoin, DigiByte can be used for payments or for transferring value. Fundamentals, positioning and perspectives keep changing with new innovations.
DigiByte and Proof of Work
DigiByte have been arguing that the blockchains like Bitcoin and Ethereum are not secure nor scalable enough. Also, they have been claiming that they are complete blockchain network based on three different layers like the smart contracts and dapps, which is a public ledger for the DigiByte native coin, and the core infrastructure of the system.
For those who do not know, unlike several other Proof-of-Work (POW) cryptocurrencies, DigiByte provides support for five different mining algorithms.
Some users however feel that the DigiByte is going all Blah, Blah and Blah about how they are faster and safer than their competition. Whether people feel they want it or not, the DigiByte community are reaching new milestones and providing education and awareness about DGB.