Ok I don't think bitcoin transactions are that slow anymore....also someone explain to me why lightning is so bad for crypto?
Also I would like someone to explain to me how Digibyte is so much faster other than that it has quicker block times? Isn't the block size of DGB variable as well?
Im just trying to understand how any crytpocurrency could scale, keep everything on chain and still manage an enormous throughput of transactions per second. Every merchant shouldn't be expected to download a 12GB(?) blockchain to accept payments, maybe you guys have some sort of light client though?
Aside from my pessimism, I do think this coin is really solid in terms of community and development, it's an old project that has been time tested and has shown price action similar to other large cap currencies....wish I would have just bought alot and held it back in 2014.
Definitely a good one to speculate on though, it will pump again to ATH's and hopefully stay there, I think a good target for a future floor is 1100-1400 sats...it will probably need to get listed on binance though unfortunately....they have everyone by the balls right now
.Ten minute blocktime... So just imagine: In ten years you can go to wallmart and pay with Bitcoins there. There are 6 persons in front of you in the queue. Each person needs 30-60 minutes until there payment is verified... Not slow?
Lightning will help avoid the above scenario, but in my opinion, it is a security risk. You make transactions without the original blockchain... I think it will never be as secure as using the original blockchain. Bitcoin is great. It is the fantastic idea of Nakamoto Satoshi, who gave it to us. But from technical point of view, there are much better coins out there today. One of these better coins is definitely Digibyte...
