3 Reasons to Buy DigiByte

1. DigiByte is built for speed

To really understand why DigiByte is such a useful coin it is necessary to understand Bitcoin. Fundamentally, Bitcoin is not scaleable, at least not to the degree other cryptocurrencies are.

BTC has a transaction limit of seven transactions per second. This makes it impossible to scale up to the level of Visa, for instance, which can process 56,000 transaction per second. Digibyte has a chance in this space. It can process 560 transactions per second, which is incredibly fast. Even Ethereum can only handle 13 transactions per second.

Why does all this matter? Because DigiByte can scale, which gives it room to grow. Ethereum, which has a much larger network, has been stifled in recent times by the limitations of its network and its high gas fees. This is fundamentally because it cannot process enough transactions per second. DigiByte has a solution for this. It is cost effective and quick. That is great news for investors looking for a crypto with a bright future.

2. Digibyte is secure

Digibyte uses a proof-of-work (PoW) consensus mechanism to verify its blockchain, like Bitcoin and Ethereum do. The difference is that DigiByte uses five different algorithms to secure its network. This creates an incredibly secure and decentralized blockchain. It would be nearly impossible to take over 51% of the hashrate of the DigiByte network and create a double spend attack, which happened to Ethereum Classic three times in August 2020, crippling the price of the coin. DigiByte does not have this vulnerability.

DigiByte is uniquely poised in the world of proof-of-work blockchains with the most secure network available. This gives the coin resilience, and is more great news for investors looking for a long-term hold in the crypto world.

3. DigiByte is a community-driven project

DigiByte was never funded by an initial coin offering (ICO), or a significant amount of pre-mined coins. It doesn't have a parent company or CEO. Rather, DigiByte is volunteer- and community-driven.

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