Digibyte is truly Decentralized! Here’s why!!!

in digibyte •  6 years ago  (edited)

Aloha!

Today I just wanted to share something that is so fundamentally special about a UTXO blockchain call #DigiByte $DGB. Yes, #DigiByte is a decentralized ( 5 mining algorithm) UTXO blockchain. Please forgive me as I am one simple person without any technology background.

As we all know #Bitcoin has one algorithm call SHA256, followed by #Litecoin with another one mining algorithm call Scrypt. And then the youngest of them all was born on January 10, 2014; #DigiByte! This non-ICO was meant to improve the daddy bitcoin with its main focus on decentralization and cyber security.

Jared Tate; the genius behind this creation ensure that this blockchain is so secure by implementing 5 mining algorithms to maintain decentralization; making it impossible for double-spend type of hacking as each algo is at approximate of 20% equally.

Please view this chart for better visual understanding....

F436B49A-B1DC-45FE-B57E-E284C4C08D60.jpeg

Aren’t you as impressed as I am?! Oh goodness, trust me, once you do your own research (DYOR), then there is so much more to love #DigiByte #DGB.

As you know, I keep everything simple and short but this blockchain deserve a closer look.

And as always, until we meet again, have a splendid day.

Aloha!

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Oh no :c

I like it. @islandliving