Why you should invest in DigiByte? By 0 Why invest in DigiByte?
DigiByte has a market cap of $680M with a rank of 37 among all the top Cryptocurrencies. DigiByte has the world’s most secure and longest UTXO Blockchain and is envisioned to reduce difficulties that might occur in traditional Blockhcian systems like Bitcoin. It has been in existence for four years now and spread over 1, 00,000 nodes and this is one of the reasons why you may want to invest in DigiByte.
Twitter alone contributes 46k followers, and the community is growing.
Some of the advantages of DigiByte investment over other Cryptocurrencies are: Recent trend
With 21 billion DGB coins being offered by the developers, the price volatility is very less.
On Dec23rd 2017 DigiByte went 1.2x times its value, most of that happened in 25 minutes.
DigiByte cryptocurrency growth DigiByte has more than 5.
1 million blocks which are more than: Bitcoin: 480,000 blocks Ethereum: 4.2 million blocks Litecoin: 1.2 million blocks
More and more computational speed is required to mine Bitcoin as the length of its Blockchain is increasing. DigiByte handles that problem easily by running a fast system. Security
Another reason why you should invest in DigiByte is the difficulty of stability is often measured as a parameter of security level when it comes to any Blockchain security. DigiShield and MultiShield guarantee the advanced; difficulty stability in DigiByte. Low price
Priced at $0.0745 DigiByte is cheaper than most players in the Crypto realm; like Bitcoin and Ethereum are traded from few hundred to few thousand dollars.
Activation of SegWit
In April 2017 DigiByte saw the activation of SegWit. Blockchain technology is unique and empowering, but it has some minor issues as well. SegWit helps to overcome these issues, and it makes the system more secure and reliable. It uses smart contracts and facilitates cross-Blockchain exchanges.
Faster processing Speed
DigiByte block creation happens every 15 seconds, making it the fastest Cryptocurrency for the transactions (40x faster than Bitcoin). Due to the implementation of “SegWit,” the network has become lightning fast; allowing quicker transactional notifications. Transfers between Blockchains
Another advantage of SegWit in DigiByte is decentralization of the exchanges; means there can be exchanges between the Crypto networks. For example, an exchange between the Bitcoin Blockchain and DigiByte Blockchain is now possible using the Blocknet.
A cross-Blockchain transaction is initiated by announcing it to the Blocknet.
Appropriate traders are found, and the transaction is completed, without the involvement of any third party or a broker. Blockchain was the first decentralized currency network; Blocknet further expands that concept connecting different currencies. Conclusion
In short span of 4 years the development team of DigiByte has shown tremendous potential.
Unlike other short-term Cryptocurrency coins that make profits overnight and vanish, DigiByte is here to stay. why you should invest in DigiByte ? The technology is new and robust; developers were kind enough to make it an open source platform.
One of the misconceptions about the Cryptocurrency market is that the winners perform incredible growth overnight. The market is still evolving, and Cryptocurrencies with reliable technology and a good bunch of developers will be substantial over the years, DigiByte is on such winner.
DigiByte takes only 20 seconds for one transaction to reflect the balance in your wallet. You cannot say that for Bitcoin at all.
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