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Main Reasons why Digibyte (DGB) is the most stable coin ripe for Investing

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Digibyte

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.

Conclusion

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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Altcoins

XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange

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Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //

Xeno Holdings Limited (xno.live ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st 2021.

Xeno NFT Hub (market.xno.live ), developed by Xeno Holdings, enables easy minting of digital items into NFTs while also providing a marketplace where anyone can securely trade NFTs.

The Xeno NFT Hub project team includes former members of the technology project Yosemite X based in San Francisco and professionals such as Gabby Dizon who is a games industry expert and NFT space influencer based in Southeast Asia.

NFT(Non-Fungible Token) technology has recently gained huge focus in the blockchain arena and beyond, making waves in the online gaming sector, the art world, and the digital copyrights industry in recent years. The strongest feature of NFTs is that “NFTs are unique digital assets that cannot be replaced or forged”. Unlike fungible tokens such as Bitcoin or Ether, NFTs are not interchangeable for other tokens of the same type but instead each NFT has a unique value and specific information that cannot be replaced. This fact makes NFTs the perfect solution to record and prove ownership of digital and real-world items like works of art, game items, limited-edition collectibles, and more.

NFTs are already being actively traded in markets globally. For…

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Altcoins

Should Crypto Projects Devote Resources to Community Growth and Marketing?

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2020 has been an incredible year for crypto as investors have generated windfall profits and crypto projects have seen their businesses gain the spotlight they’ve been looking for.  While Bitcoin has received most of the attention after major institutional investors announced they were accumulating the increasingly scarce asset, many altcoins have also seen their fair share of glory.  When looking at all the big winners of the past year, the first project that probably comes to mind is Chainlink, having appreciated by more than 550% YTD and now valued at over $4.5 billion.  But, the actual biggest winner of the year is HEX with a YTD return of over 5,000%.

I mention both of the above projects as they have each taken slightly different paths to achieve greatness.  Chainlink has devoted resources toward building a fundamentally sound business with many strategic partnerships while HEX has spent vast sums of money on marketing and promotion.  Both approaches are valid, but one thing is certain, it is absolutely imperative for crypto projects to let the crypto community know what makes them special.  Of course, one of the reasons that makes crypto so valuable is the powerful blockchain technology that most projects are utilizing.

Cryptocurrency vs. Blockchain Technology

It’s important to make a distinction between blockchain technology and cryptocurrency.  Although they are often used interchangeably, they are different.  Blockchain technology and crypto were both created after the 2008 financial crisis, but cryptocurrency…

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Altcoins

XENO starts VIP NFT trading service and collaborates with contemporary artist Hiro Yamagata

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Hong Kong, Hong Kong, 24th December, 2020, // ChainWire //

The XENO NFT Hub (https://xno.live) will provide a crypto-powered digital items and collectables trading platform allowing users to create, buy, and sell NFTs. Additionally it will support auction based listings, governance and voting mechanisms, trade history tracking, user rating and other advanced features.

As a first step towards its fully comprehensive service, XENO NFT Hub launched a recent VIP service to select users and early adopters in December 2020 with plans for a full Public Beta to open in June 2021. 

“NFTs are extremely flexible in their usage, from digital event tickets to artwork, and while NFTs have a very wide spectrum of uses and categories XENO will initially focus its partnership efforts and its own item curation on three primary areas: gaming, sports & entertainment, and collectibles.”, said XENO NFT Hub president Anthony Di Franco.

He also added “This does not mean we will prohibit other types of NFTs from our ecosystem However, it simply means that XENO’s efforts as a company will be targeted into these verticals initially as a cohesive business approach.”

Development and Procurement Lead, Gabby Dizon explained, “Despite our initial focus, we found ourselves with a unique opportunity to host some of the works of Mr. Hiro Yamagata. We are collaborating with Japanese artist Hiro Yamagata to enshrine some of his artwork into NFTs.”

Mr. Yamagata has been…

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