Digibyte is one of the safe digital assets one can hold onto. It is a highly decentralized blockchain and can not be hacked, destroyed, or messed with to cause problems as it can happen with other assets or currencies.
We’ll take a look at the security system of Digibyte, buying Digibyte, storing it, and what makes it different from another similar blockchain system.
What is Digibyte, and why is it considered safe?
Digibyte is a Digital asset that works on a blockchain system. It is considered safe for the high security its system has to offer.
- 5 Mining Algorithms
The blockchain system comprises five advanced mining algorithms making it fully secured when compared to single algorithm Blockchains.
- Global Decentralisation
The decentralized blockchain of Digibyte is spread so widely over advanced servers and other devices that it would be nearly impossible for one to hack or try to damage it. Instead, if they want to focus on one block of the blockchain, the hacker has to try to decode all the others attached to it. And that is very labour, time, and money-intensive work making all blockchain systems safe and secured at all times.
There were rarely any times when the case of hacking a blockchain has come to the surface. And that has ever been possible for Digibyte.
- Difficulty Stability
The advanced difficulty adjustments make it difficult for any malicious attacks and protect the entire system. In addition, Digibyte is secured with digishield and multi shield, making it the most difficult stability blockchain to exist.
- Why should you invest in Digibyte?
Digibyte, as mentioned, is highly decentralized, meaning anything you invest for or in Digibyte will remain secured for the longest periods. This serves as a great advantage. Also, Digibyte provides the fastest block speed.
It is a very different form when compared to other blockchain systems.
But, what makes Digibyte different?
Multiple things make Digibyte stand out when compared to other Blockchains.
- Multi Mining Algorithms
Digibyte is one of the only blockchains with a multi Mining Algorithms that works towards providing the fastest and safest blockchain system. It constitutes five mining algorithms working together.
- Longest Blockchain
It is also one of the world’s longest blockchain, with nearly 5 million blocks. It is one of the most developed blockchains that has seen to overcome all the problems revolving around scalability that no other blockchain has seemed to achieve.
- Larger Community
Digibytes community is one of the largest in the blockchain system, and its popularity is never-ending. It is attracting new users almost daily.
- Resilience against hacking
Digibyte is nearly 50% safer than another blockchain when we talk about hacking or other attacks.
After hearing so much, you may be wondering, how can I buy Digibyte?
Well, Let’s consider that now.
How can you buy Digibyte?
There are multiple ways by which you can obtain or hold onto a Digibyte. Let’s talk about the oldest form through which Digibyte was accessible much earlier. This is the form I wish I knew how to carry out because If I did, I would have done so.
Digibytes, Cryptocurrencies, or any other blockchain do not pop out of anywhere; neither are they printed like paper cash but rather obtained through Intensive technological mining processes. You can too obtain Digibyte by legally mining it. But remember, it has 5 Mining Algorithms, so that the work would be quite intensive.
You can also download a Digibyte wallet and access or obtain a Digibyte through the wall and its system nodes.
- Exchange Market
This is one of the easiest forms of getting Digibyte. All you have to do is get a reliable exchange market application on your phones such as Binance or any other crypto exchange and purchase your Digibyte directly from there.
This option, if it existed earlier, then life would have been easier back then for investors and many others as well.
- Accept it as payment
This is another very easy way of obtaining Digibyte. But it is not yet sure how well this would work out because not all have shifted towards digital currency yet, so it may or may not get a little problematic for you if you shift your only payment option to Digibyte.
Should I own a Digibyte?
Owning a Digibyte could be a very good decision. Also, especially when the access had become so easier that you can own it in just a few clicks and not like the older times when you needed advanced technologies to mine it.