What makes Digibyte stand Strong?
What makes Digibyte stand Strong?
The cryptocurrency market is down again today, and Bitcoin (BTC) is now back under $3800. If this bearish pattern sentiment sustains, altcoins are likely to suffer more. Already most of the altcoins are now down by an average of 5%. If Bitcoin BTC drops below $3k most altcoins might die out likely to survive and thrive are those with strong use cases that clearly differentiate them from Bitcoin (BTC). That�s because those altcoins looking to compete with Bitcoin in the payments market may find it hard to survive, as the Bitcoin Lightning Network continues to grow. However, even under this circumstance of the market, Digibyte (DGB) comes across as a strong altcoin. It is different from BTC and with a strong value proposition. Several factors make Digibyte stand out. "What makes Digibyte stand Strong?"
The first one is that it is a scalable blockchain technology, even without the lightning network. Digibyte DGB Is designed to scale on-chain, and do so effectively. Does this matter? Quite a lot. The fact that DGB can scale on-chain means that it is one of the safest and efficient payment methods out there. That�s because all transactions can effectively be handled on the blockchain. This makes DGB stand out in the payments market, as a more efficient version of Bitcoin, more like what Bitcoin was meant to be in the first place.
furthermore, Digibyte DGB has a long and proven track record. It has a 5-year history record and in this period, it has never been attacked. In fact, DGB is one of the few altcoins that have the same level of security, if not better than that of Bitcoin (BTC). Digibyte (DGB) has 5 mining algorithm which makes it almost impossible to attack. This is important because it makes Digibyte DGB inspire confidence not just as an investment, but also as a form of payment. This is a fact that will play a role in its adoption and stability in the long run. It gives it a massive price potential to increase in value as people realize its power and adopt it as a form of payment.
Digibyte�s security also gives it a potential for adoption in other high potential areas that add to its value. For instance, a number of security protection have been developed on the Digibyte blockchain. The most important of these is Digibyte Digi-ID. Digi-ID is a solution that eliminates the need to email and passwords when logging into a website. To log in, one is required to do so with their Digibyte wallet. This is a powerful solution that solves the problem of hacks, which is becoming more common over time. DGB is already being adopted for this function, with AntumID, leading the way. This identity authentication verification organization has already eliminated email logins in favor of DigiID
With these strengths, DigiByte (DGB) is an altcoin that has what it takes to stand out even in a situation where altcoins struggle to recover after this bear market. It could rise over time to become one of the most important altcoins in the market. This makes it a strong potential hold in the long-run.
