It’s not a secret that the blockchain technology and the digital asset (cryptocurrencies) are here to bring revolutions to fiat operations. Considering the widespread acceptance and the thousands of crypto coins that take advantage of the platform for transactions, one would guess that the blockchain technology is already everywhere.
On the other hand, cryptocurrencies are yet to gain the same traction as the distributed ledger technology (blockchain). Although recent collaborations by some of the coins are yielding fruits, millions of people around the world are yet to take interest in it. It’s on this note that DigitalBits makes its foray into the crypto-sphere.
Rekindling the Flame
The flame/burning zeal that preceded the launch of the pioneer digital asset, Bitcoin, is literally dead. It seems the hypes by cryptocurrencies and alternative coins (altcoins) are not making the anticipated impact.
Taking advantage of the distributive nature and full-scale security of the blockchain technology, DigitalBits is here to rekindle the flame. The aim of the project is to facilitate massive adoptions of cryptocurrencies by promoting relevant approaches that can trigger interests. We’ll look at some of these to understand the functionalities of this project.
The Protocol Layer Blockchain
Although it takes advantage of blockchain's operations, this project chooses to create another feature. Running as a protocol layer on the blockchain network, DigitalBits aims at uniting existing blockchain-based platforms and Decentralized Applications (DApps) to facilitate the adoption of cryptocurrencies. It’s worth mentioning that the platform is interoperable with other blockchain-based platforms to bring about the needed liquidity. Hence, users can expect to see it on platforms that support its operations.
Key Features
It’s worth considering the factors that make the project a safe bet for users. This tends to go the extra mile to encourage user participation.
Firstly, DigitalBits takes premise on the blockchain technology. The technology is not only scalable but is also secure. Therefore, continuous complaints about hitched transactions might just be outdated, because this project has the capacity to handle on-chain and cross-chain transactions.
Secondly, it's interoperable with consumer/crypto enthusiasts' applications. This way, it tends to position its services before the target audience. The platform follows this up with the high liquidity that keeps crypto coins in circulation even in the face of volatility.
Finally, DigitalBits has a reward mechanism that offers token incentives to users for a job well done. The fact that people appreciate it when their services are accepted and encouraged is a reason why this reward mechanism can go the extra mile to attract more users to the platform.
Token Specifications
Ticker: XDB
Platform: Separate Blockchain
Token Type: Utility
Exchange Rate: 1 XDB = 0.00003
Accepted Currencies: BTC, ETH
Country of Registration: Cayman Islands
Not Participating: Syria, North Korea, Singapore, Yemen, USA, Somali, China, Cayman, Libya, Congo, Iran, Erit. Sudan
The Great Team behind This awesome project
Massive Adoptions on the way
It’s already a decade since the inception of cryptocurrencies. Now is the time to promote the unique features of these digital assets. Doing so tends to draw the attention of many and trigger a surge in the adoption and subsequent use of cryptocurrencies. DigitalBits’ solutions/key features look impressive. To that end, the project is worth being bullish about.
FOR SUPERB INSIGHT AND UPDATES ON THIS REMARKABLE PROJECT, VISIT THE LINKS BELOW
Website:https://www.digitalbits.io
Whitepaper: https://storage.googleapis.com/westart-files/digitalbits-pre-sale/DigitalBits_Whitepaper_2_2.pdf
Light paper:https://www.digitalbits.io/resources/digitalbits-lightpaper/
Pre-Sale link: https://www.westart.co/project/digitalbits-presale
Twitter : https://twitter.com/digitalbitsorg
Facebook : https://m.facebook.com/DigitalBitsOrg/
LinkedIn : https://www.linkedin.com/company/digitalbitsorg/
writer's information
Bitcointalk username : deodivine1
Bitcointalk profile : https://bitcointalk.org/index.php?action=profile;u=1390292