The first time I heard about Digibyte was in an article in a Dutch newspaper NRC.next. Since I always had a looming interest in crypto-currencies, I decided to start reading more about Digibyte and other crypto-currencies. The thing which really triggered my interested in Digibyte specifically, was the 'real-life' application using the Tofugear omni-platform. In order for Digibyte (and other crypto-currencies) to succeed and be accepted by the mainstream public it needs to be better in two criteria than current fiats: 1. speed and 2. ease of use.
Last Friday I visited the store of the House of Blue Jeans of 24hralttrade to experience 'shopping in the future' made possible by the Tofugear platform and the House of Blue Jeans. 24hralttrade showed me the possibilities and I was quite impressed. Especially the realtime analytics behind the platform is something which is very interesting for retailers themselves (stock/supply wise, but also the feedback of why certain products are taken out of the shelf often, but do not get bought). When I had to pay with Digibyte, it worked just as fast as when I would have paid by debit card. Therefore Digibyte already fulfills the first criterion (although it will have to meet this criterion when volume increases when more people start to use it - it should match at least the speed of other fiats when it's scaled). Even though Digibyte is only a (small) part of the Tofugear platform, the real life experience in the House of Blue Jeans convinced me even more of why Digibyte is a very interesting crypto-currency.
Coming to the second criterion; the ease of use. In the shop it was actually easy to pay with Digibyte, if you had everything set up (Digibyte Wallet on your phone). The most difficult part was actually when I decided I wanted to buy some Digibytes. Being new to crypto-currencies in general, I had to figure out everything about crypto-currencies. Even though the Digibyte website helped me somewhat with their explanation on the website on how to get Digibytes, I think there is room for improvement. Couple of suggestions:
1. Add an option for a real web-wallet (just like coinbase), where I only have to setup an account instead of installing stuff. I have a bank account online, why no Digibyte account?
2. When I wanted to buy Digibytes, I first had to find an exchange where I could buy Digibytes. That means I had to make an additional account on that exchange (= extra effort = less ease of use). In addition, I first had to buy bitcoin, since I can only buy Digibyte with bitcoin on most exchanges (at least the ones I check out). I don't want bitcoin, I want Digibyte for my euros! :-)
Since I am quite interested in cryptocurrencies, it was a nice learning experience. However, the mainstream public is lazy and does not want to go through this many steps. I am already having a hard time convincing friends of mine to buy Digibyte, because they don't understand cryptocurrencies in general, and setting up a Digibyte wallet and buy Digibytes at a different place (exchange-website) is already too much trouble. Therefore I would suggest (and I know it is not easy) to have one online Digibyte webwallet where you can buy in the same environment Digibyte for your Euros/Dollars/etc. This would greatly contribute to the 'ease-of-use' of Digibyte which is essential in order to get accepted by the mainstream public.
Furthermore, I think the Digibyte team is delivering excellent work, especially with the Digibyte Market (another 'bridge' to real life - being able to buy real products with Digibyte) and focusing on the gaming audience; a huge potential and an audience which is a bit tech-savy than the mainstream public. Excellent move in my opinion.
Keep up the good work! :-)
headsup to Jared, the DigiByte Team and 24hralttrade.excellent customer feedback. this is very valuable. exactly what i love to hear. very well said with pinpoint accuracy. fully agree, especially those in
bold above.
Speed will definitely get tons better soon with DigiSpeed. And even better as time goes by. Because Jared and the DigiByte Team got all that factor in and covered. As for the ease of use part, it is something that every altcoin faces. the tricky part is bridging both the bank account and altcoin wallet/exchange together so that one can easily transfer fiat and buy said altcoin. Only Bitcoin has managed to overcome this hurdle so far. I do not know what lengths the altcoin has to go to build that bridge, likewise for DigiByte. It may be a lot of work down the road, just as much as what Bitcoin had to go through. the quickest way would probably be this - Coinbase accepts DigiByte to be traded on their exchange and viola, everything else is already done. i mean...hey...if Litecoin and Ethereum can do it, so can any other altcoin. it just needs to prove that it is damn good to be on the same level as Bitcoin.
UNLESS...is Jared and the DigiByte Team going to surprise us with something??? those who have been following DigiByte for a long time (more than a year), yea...you know what i am referring to
. it hasn't been mentioned for MANY months now until WaZZapi brought it up. Because it was the DigiSpeed craze for several months and then plus other awesome updates and additions along the way. those who still remember, good for ya. but just in case it is suppose to be a discreet thing or it has been shelved or it has change to something better, i don't want to mention it just yet. i shall leave it to Jared and the DigiByte Team to do the announcements. now that will really be something!
But anyway, any other ideas digibyters?