Topic: There is a better alternative to Bitcoin and why not use it? - page 4. (Read 632 times)

Why do you even compare DigiByte to bitcoin? like there is no reason to compare the new to reputable one. But I can see the future of DigiByte, I just  don't like how the founder, Jared Tate, handles the aggression with the market calling out so many names and the result? they got delisted on Poloniex, such a shame on founder like him.


I have to agree with this, EOS is way far better from bitcoin but you can't blame on people what they are going to use. People are just being practical on using crypto, the reputable ones gather the most usage.

never heard about this Digibyte. Well, crypto community is in no mood of declaring strong altcoins like ethereum better then bitcoin and here we have a thread in wh Digibyte is declared better then bitcoin. I am totally ruling out this possibility.

Digitbyte is not decentralized as Bitcoin.
Digitbyte has an owner, have you ever thought about it? Jared Tate.

Digibyte is only faster because it has a 15 second blocktime (instead of 10minuted), which bitcoin decentralized community decided is not good for bitcoin, but Jared think it js.
It is faster also because nobody uses their Network, so it is not congestioned.

Security is crappy also, because it uses pow and bitocin hashing power is much much bigger. This coin could be 51% easily. Bitcoin is resistant against a continental attack, because you need a continental energy to 51% it.

So all in all, if you are only worried about scalability, use visa.

And it's about where you can make a lot of money, and that is bitcoin. And it has alot of enigma behind it, Satoshi and some drama behind it.

Yes, Digibyte or any other altcoins there are far better that bitcoin, speed wise, security and scalability. However, most of altcoins are simply being used for pump and dump scheme.

I'm afraid this simply isn't true. If Bitcoin prices were for some reason to fall and collapse as of today, the entire market of altcoins like digibyte will go collapse as well. If you check the market caps, you would see that when Bitcoin thrives, the majority of altcoins thrive, and vice-versa.
   Digibyte has a big community behind it and receives good development but Bitcoin is the foundation upon which other cryptocurrencies were built, if the foundation crumbles, it all falls down.

Digibyte is nowhere near to Bitcoin. If you compared the tech aspect of Bitcoin with Ethereum or EOS then I would have certainly agreed with you. It is a new kid on the block and has a controversial past. A lot has to be done by the team to project themselves as one of the contenders to challenge Bitcoin.

Technically EOS is far better than Bitcoin and Ethereum with a lot of practical usages. Ethereum is if they shift to POS next year would be a challenge for EOS.

People are creating topic like this every week. The simple truth why there are so many hype around bitcoin - it was first. A lot of people think that this is the only one true crypto currency. This is not about tech, this is about status

DigiByte!

I'm not hyping this one. And I love Bitcoin (actually i have stacks of it). I am on the verge of looking something useful. Creating a FUD or Hyping does not help me grow my knowledge.

I newly discover crypto this year. As my 1 month of stay here in bitcointalk and crypto space and evaluated top 100 crypto who stayed for almost long enough in the hundreths and did an ample experience to them. (bought them and used them) I do see a lot of coins with potential and some other use cases but for currency it's undoubtedly Bitcoin. Now, I'm even confused. There is a bright future for DigiByte out there as a currency use and for people who had crypto that stayed long enough in the crypto space and bitcointalk, I only thought of them making a fortune in it (not really thinking about the future of blockchain tech). Digibyte has very secure and strong foundation in it's community. Scalability, fees and scarcity is no issue there. They also have a decentralized broker where you can make a transaction of an investment with direct profits into your wallet.

Now my question is; Any of you here really see what is good in DigiByte? I would love to hear any replies. This is an educational question for me as I have seen what is the real use case of a cryptocurrency and I found out in BTC and DGB as a leading candidates for Global use as a currency. I also want to hear the negative side of digibyte as a currency, maybe because I'm pre-occupied or clouded at the moment of this coin with great potential in my opinion.

I mean no harm of doing this. Since this is a Bitcoin forum talk.