Why You Should Invest In Digibyte
One crypto that catches my eye is DigiByte, this crypto is undoubtedly better than BTC in many ways. It has multiple mining algorithms (Scrypt, SHA256, Quibit, Skein, Groestl), 3 of which are ASIC resistant, this allows for greater decentralization, because anybody with an average PC can contribute to mining by using one of these 3 algorithms. This reduces the chance of a 51% attack.
DigiByte has a block time of 15 seconds as opposed to bitcoins 10 minute block time. Transactions are fully confirmed after 1.5 minutes. Much more useful for real life purposes like buying something in a shop.
DGB has a total supply of 21 billion coins which will be mined in 21 years (19 years left). This is 1000 times more than BTC, so buying a cup of coffee wont be confusing decimals like 0.03, it could just be 30 Digibytes.
The Digibyte community is also really great, the developers are still going strong, bringing out new features all the time:
DigiTip: Tip people on Twitter, Reddit, Twitch and Youtube, just by writing a hashtag. ÐigiByteTip
DigibyteGaming: Get paid in DigiBytes for playing League Of Legends! https://www.digibytegaming.com
DigiSpeed: Shortened block time and increased capacity. Tests have been successful in reaching over 2000 TPS (Transactions per second), which can compete with Visa's TPS.
DiguSign: Smart contracts can now be sent to the DigiByte blockchain, this will revolutionize how we copyright and patent things. Whether it will be digibyte that does it is another question, but this technology will be used in the future. https://www.digusign.com
DigiByte market: There's now a digibyte store which accepts only dgb. Welcome | DigiByte Market https://www.digibytemarket.com
For my definition of best altcoin DigiByte gets it every time. There are other coins which serve different purposes. Some coins focus on anonymity, some focus on voting. The crypto world is getting real interesting.
Overall DigiByte has it for me, but do your research and invest wisely, don't put all your eggs in one basket.
Digibyte official website: https://www.digibyte.co
Buy Digibyte on following exchanges:
Although digibyte looks pretty promising, i think there are some other great alternatives out there. And comparing it to bitcoin doesn't really say much, because the technology behind bitcoin is basically shit compared to some alt coins.
Take a look at these:
Komodo
Pivx
peercoin
dont get me wrong, i like digibyte as well :)
Digibyte is great, they focus in other industry as well such as Gaming.
Pivx is also good too!
Is there anything else to differentiate Digibyte from Bitcoin, Litecoin, and Dogecoin? I've been wondering why people keep buying new coins that all seem so similar, so perhaps you can explain it to me. The Steem and BitShares networks in comparison can both already handle 30,000 transactions per second and scale up from there, and have built in consensus systems to upgrade without drama and confusion.
Buying some digibyte now as we speak!
That's the best option now.
Lost quite a lot on DGB speculating in the last month! Still a more promising coin than the majority. High volume and finite mining total (19 years) gives me hope for future.
Simple step by step guide for beginners on how to purchase Digibyte: http://chaseohlson.com/how-to-buy-digibyte/
Interesting blog. I was about to post a similair thread. Buy and hold for the upcoming 2 to 5 years and the market will find it's way. We really need more insights in the market and previous investment results. I found this great website: https://www.coincheckup.com Supposingly they researched every crypto coin in the scene based on: the team, the product, advisors, community, the business and the business model. They even score the coins stengths. For example: https://www.coincheckup.com/coins/DigiByte#analysis For the DigiByte Indepth analysis.
Solid blog. I was about to start a similair discussion. The future is in blockchain. Crypto prices might be inflated now but the market will find it's way just like it did with the Internet boom. I was researching a way to do better investment analysis on the current cryptos. I found this amazing platform: https://www.coincheckup.com Since I use this site I make so much less basic investment mistakes. Check for example: https://www.coincheckup.com/coins/DigiByte#analysis To see the: DigiByte Research report
DGB is faster and easier to use, and can cater much more bigger volume of transactions blocks compare with BTC folks, DGB has Segwit also.
Pls take note now China occupies 81% of the mining capacity of Bitcoin worldwide, if China government announce "force-closure of all the mining factories in China", BTC/BCH/B2X all will be in big trouble of transferring blocks. Even if throw all the transactions of Bitcoin to Digibyte, Digibyte will still run smoothly, see full explanation as below youtube. If that would happen, you will see big jump in all the altcoins as substitute including Digibyte.
29th October 2017 Digibyte’s Founder Jared Tate on Texas Bitcoin Conference in Austin, Texas.
DIGIBYTE is really filled with potentials. It has been a sleeping giant for quite a long time and this is the time that we may get the best out of it. I have stocked about 20k DIGIBYTE wait for it to prove me right.