Digibyte Beat Bitcoin - There are over 1000 cryptocurrencies in the market today, but the reality is that most of them will fail. Even the current number one bitcoin crypto can lose its allure for years. Crypto over the future may not have arrived, or is already here, not yet hyped. I have a hunch that the future of cryptocurrency is here, and it's Digibyte (DGB).
Digibyte happens to outperform most of the popular cryptos on the market on their core features.
For example, from a transaction standpoint, Digibyte (DGB) produces the perfect currency. This is much better than the likes of bitcoin, litecoin and ripple. Why is that? Well, first of all this is highly decentralized. In fact, a digibyte is probably one of the most decentralized cryptocurrencies in the market. It's not a company, and has no CEO.
This is a non-profit activity run by people who only believe in the idea of decentralization. You might think, well, decentralized bitcoins as well, so this is not a big deal. Well, what you probably do not know is bitcoin mining is currently centered in the hands of some Chinese miners.
In essence, if the Chinese government moves against this miner, bitcoin transactions will lag behind for weeks. It's not a coin that produces a very good currency, right? Digibyte's decentralization stems from the fact that it has more than 200,000 nodes around the world. None of the major crypts known to most people today can match that.
No entities can turn off digibyte, unless they turn off the internet worldwide. Digibyte also happens to have some of the highest transaction speeds in the scope of crypto. Currently, digibyte can handle more than 560 transactions per second, which is approximately 40 times faster than bitcoin, and is also much faster than Ripple (XRP). The best part about it is that this speed is set to increase over the years, hitting an unmatched speed of over 200,000 transaction speeds per second by the 2030s.
But digibytes are not only good as currency, but also good for smart contract development, and decentralized apps. This is one area where Ethereum, and the likes of NEO currently dominate. However, even on this front, digibyte far ahead. That's because it enables the development of Dapps in one of the safest and cheaper blockchains in the world. Its speed also makes the miles stand ahead in terms of development and deployment of Dapps.
Even more interesting is that digibyte (DGB) exceeds the privacy coin in its own domain. As a matter of fact, some of the more famous privacy coins run on the security of digibyte. For example, ZCash runs on a Digi shield, an aspect of digibyte security.
In short, a digibyte is a crypto that covers everything, which defeats all that exists today in the market. Those who oppose the growth of digibyte argue that the supply of coins is too high, but that is an invalid argument. By 2017, (XRP) coins that have inventories close to 5 times higher than digibytes reach valuations in excess of $ 3. That is an indicator that once the momentum heats up, the supply of coins does not mean anything. These coins can really surprise everyone and emerge as the dominant crypto of the future.