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Digibyte (DGB) Potential for the Future: Why this Crypto Deserves a Chance

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The number of cryptocurrencies continues to grow, and thanks to a lot of confusion that this growth is causing, sometimes, a crypto of great potential manages to go unnoticed. Digibyte (DGB) is a perfect example of it, and it might need a second look.

About Digibyte

Ever since the cryptos displayed their potential, their numbers started to increase at a rapid rate. Not only is their value increasing when the times are good, but the number of different currencies alone skyrocketed.

As great as this may seem at first, even crypto enthusiasts had to admit that they sometimes have trouble deciding which one to invest in.

One of the hidden gems of the crypto world definitely includes Digibyte (DGB), and many have started to notice this coin’s potential. According to them, it is only a matter of time before Digibyte’s value skyrockets as well, due to its amazing features an function. Not to mention a brilliant team that developed this asset in the first place, led by Jared Tate.

The coin was originally founded by Tate back in January 2014. Tate’s biggest concern was cybersecurity at that time, which is why Digibyte might be one of the safest coins around even today. Another amazing feature that it offers is an incredible speed. To demonstrate how great its speed really is, let us just say that it is 40 times faster than Bitcoin (BTC).

These features alone make Digibyte one of the fastest and safest coins in the world, which is also protected from any kind of malicious attacks.

Despite this, it remained relatively unknown, until it received a shoutout from John McAfee. This has boosted its market cap to $1 billion back in January. The individual coin price also went from $0.03 to $0.13, which definitely proves that this crypto has a lot of potentials.

Digibyte’s features

Digibyte is known as a crypto with a lot of useful features, some of them already mentioned earlier. Its security is five times stronger than Bitcoin’s thanks to 5 mining algorithms, while BTC only has one. Additionally, its mining is a lot more decentralized than that of many other cryptos, and it can be changed if it threatens to come too close to centralization.

As for its speed, it is 40 times better than Bitcoin, with 1-3 second notifications regarding the transactions. Not only that, but it only has a 15-second block, while Bitcoin block last up to 10 minutes. DGB tokens are confirmed after only 1.5 minutes, while BTC takes an entire hour.

When it comes to transactions per second, Digibyte is capable of handling 280+ of them, where BTC can only do 7.

As for its supply, the plan is to create 21 billion coins over the course of 21 years. It has a lower price thanks to the sheer volume of the coins, but this is expected to increase the number of microtransactions, as well as lead to greater stability of the coin’s price.

It is also very flexible, and capable of adopting even more new features, should the need for them arise. According to some plans, Digibyte might become capable of handling several thousand transactions per second in the future.

Obviously, this is a crypto with a lot of potentials. Not only is it faster, more secure, and more flexible than other cryptos, but it also promises to become much more than that. Its current price according to CoinMarketCap is $0.037481, but that might change soon, should this coin become noticed. And a low price is not that bad if you wish to invest in it. The time for purchasing these tokens is while it is at its bottom and now is the chance to do just that.

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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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We know what the Institutions are saying, but what are they doing?

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Many of us hear that institutions are buying tons of BTC, XRP, and other top 20 cryptocurrencies.  The thing is how much truth really is there to that when we cannot even see the market moving in any direction other than on a downtrend. Right now, many do not know this but there is the OTC or the over the counter exchanges that exist. These exchanges like OTC trading desks do the trades off the market hense over the counter. This means that it functions in the same way the black market functions as when you sell these items it is essentially off the books so to speak.

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Why Is Coinbase Stalling With XRP?

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For a cryptocurrency project, getting their coin to Coinbase is one of their biggest goals. However, the popular exchange has become infamous over the years for only accepting a handful of top-ranking coins, while other ones were deemed unsafe for listing for various reasons. In the first half of 2018, however, Coinbase decided to distance itself from this old way of looking at things, and it has even announced that it will look into numerous altcoins, in order to locate and list the best among them.

Since then, the exchange has kept its word, and while it did not add dozens of new coins, they still did open up to a few projects, such as 0x and even Zcash.

However, for all this time, there was no mention of XRP, a cryptocurrency formerly known as Ripple, which is currently the second largest coin by market cap. Despite high demand, constant requests, and alike — Coinbase did not even consider adding XRP.

That is, until several days ago, when numerous reports of Coinbase considering another group of altcoins emerged. While the XRP community was very excited to see XRP listed as a candidate for a potential listing, many believe that it is still not going to happen.

Why Coinbase doesn’t want to add XRP?

As mentioned, the XRP community has been asking for the addition of XRP for…

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Why 2019 Will Be A Big Year For Crypto

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As 2018 is getting close to its end, a lot of crypto investors are turning their gaze towards the future. Considering the crypto bearish trend that has dominated this entire year, not to mention two big market crashes, it is of no surprise that everyone is more than ready to leave these harsh events behind.

However, a few questions still remain unanswered — what to expect in 2019? Is the situation going to change, or will there be just more of the same? Is investing now, when the prices are low, a good idea? These are the issues on every investor’s mind right now.

What to expect in 2019 in terms of crypto value?

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However, there is more to it than that. Due to high volatility and no real control over cryptocurrencies, a massive bull run of 2017 brought cryptos to heights that were not supposed to be reached that early. Because of that, some analysts claim that, what…

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