There is lot of optimism for Digibyte. One of the DGB optimist by the screen name Crypto Zillionaire expressed that Digibyte is going to be the DigiSaurus per Crypto Zillionaire. The Digibyte community are forever ready to take the next best step leading to innovation.
Jared Tate tweeted: “The reality is truly decentralized blockchain tech like Digibyte and Bitcoin is now the most powerful force on the planet. It brings transparency to corruption. It shines light on hidden agendas. It is the future of humanity. It’s a mathematical certainty.”
Jared obviously does not like the government interfering in shutting down decentralized networks. This led him express that, a government regulation of “self-hosted” wallets could never be fully enforced. It would be like herding cats. Any full node would be “regulated.” This is a defacto attempt at shutting down decentralized blockchain networks. Government should focus on fixing voting. They can’t even handle that.
Jared Tate is very optimistic that it is possible to secure communication and bring transparency in elections. He also pointed to how it is possible to make the best use of immutability with blockchain as everything can be recorded to be immutable forever.
In this regard, Sydney Ifergan, the crypto expert tweeted: “Digibyte are in to great projects like dealing with a voting system and more. They need to bring in more for the average Joe interested to use digibyte for everyday life.”
Digibyte (DGB) Scaling Solution
When someone asked what is the magical DigiByte scaling solution? The reply was every 2 years, block size doubles. This allows for on chain scaling to handle more transactions, effectively giving the chain the capability of handling 286,000+ transactions per second by 2035.
However, for the scaling of 286,000+ transactions per secondto happen it is not possible without a hard fork, but DGB is a community who are looking to work without a hard fork. Though DGB has lot of spare capacity in place, they do not have the kind of scaling solution they are looking at in place.
The discussion about scaling sparked up when, someone pointed to how BTC, ETH and DGB responded to the idea of scaling. Bitcoin: Screw scaling on chain, 2nd layer solutions are needed. Ethereum: We definitely have a scaling issue, let’s take 3+ years to implement the 1st phase. Digibyte: We noticed 7+ years ago scaling on chain was going to be a problem. Let’s set this up for 2035 and beyond!
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