Quite a several people have never heard about the DigiByte in the crypto market, but yet this currency remains one of the best. It is a promising crypto coin, and investors are being encouraged to consider trading with it. This unique cryptocurrency was launched in 2014 by Jared Tate. When it is brought to comparison with other cryptocurrencies, it won with the fastest transaction. It is said to be forty times faster than Bitcoin and ten times even faster than Ethereum. For real-life situations like buying groceries in a shop, the DigiByte is the best answer to using a cryptocurrency since it comes with a 1.5 minutes confirmation time
In the effort to prevent mining centralization, the DigiByte is designed to make use of five individual proof of work censors algorithm. This cryptocurrency has thus become one of the fastest and most leading cryptocurrency. DigiByte does not have a CEO or a particular Company responsible for the blockchain control. It is a purely decentralized system. You can use the DigiByte to represent any tangible item ranging from a vehicle to real estate or even artwork. With the DigiByte, there is no limitation to the assets that can be securely represented.
Jared Tate said he founded DigiByte because he wants to create a fast and secured blockchain that can reach a wider decentralized community than Bitcoin. Several wallets have also been provided for storing DigiByte. A good example is a DigiByte core.
