Since it’s founding by Jared Tate back in 2014, Digibyte has been aiming at being the most stable, secure and fastest virtual token. So far, the DGB coin is trading at about $0.03 on CoinMarketCap. Although its current price is a far cry from where it was at the beginning of the year, $0.1 to be specific, Digibyte has still shown much improvement both in terms of market capitalization as well as platform development. In fact, the company’s founder has been invited severally to speak in prestigious universities about Digibyte’s Blockchain technology.
But what really makes Digibyte a stable coin? Well, Digibyte boasts of a unique set of features positioned to make DGB the Blockchain network of the future. In addition, the last 5 years of its platform development have been full of creation and development of unique problem-solving innovations. Let’s take a look.
Manageable units for the long haul
If you are looking for a stable cryptocurrency to hodl, DGB makes a practical pick for a good reason. Just like Bitcoin, DGB comes with a limited supply set at a total of 21 billion Digibytes. These DGB coins are set to be created over a period of 21 years making it one of the best coins to mine and hold at the moment. On top of that, the DGB Blockchain network features multi-algorithm mining to enable security on the network not to mention a DDoS attack deterring system on a proof of work protocol.
In fact, if you are looking to mine DGB, you will appreciate the fact that the DGB Blockchain is among the fastest networks ranked 40 times faster than Bitcoin according to coinranking.com. Traders, on the other hand, will also appreciate these speeds as it comes with low fees.
Digibyte applying a forward-thinking approach
Apart from establishing a 90% fix on all possible vulnerabilities on the Digibyte Blockchain, the platform is developed with forward-thinking principles such as the integration of IoT devices into the DGB, Blockchain, and, a combination of Artificial Intelligence (AI) with Blockchain technology. Basically, Digibyte hopes to achieve the title of the most advanced Blockchain in terms of interoperability, and scalability. And the Digibyte platform has developed the Digi-ID authenticator that is one among many features that give users a seamless and intuitive experience.
Digibytes growth has been nothing short of tremendous. Within the past few months, the coin has managed to grow in leaps and bounds making it possible to share value online almost as easily as you would traditional fiat currency. Already the crypto community has begun to laud the platform’s growth as a needed solution in the crypto space. For now, however, it’s a wait-and-see approach as the DGB team sets to implement more development on its platform.
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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.
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