DigiByte Vs Litecoin Cash - A Technical Altcoin Comparison

• Bitcoin & Litecoin price falling as copycat altcoin prices start rising
• New to market investors don’t seem to appreciate the technical specifics behind what gives different cryptocurrencies real value
• Altcoins like DigiByte are (arguably) superior to tokens like even the real Litecoin, but investors don't seem to know which coins to invest in

As of March 10th 2018, the cryptocurrency market is in all-out free fall.

Coins like Ethereum and Bitcoin, are back below price highs set since their mid-February recovery. To make matters worse, investors are once again pumping altcoins like Bitcoin Gold and newly created Litecoin Cash. This being the case, altcoins which have real value from a blockchain technology perspective, are taking a back seat to those cashing in on just bigger coin brand names.

Why Forks are Bad for all forms of Cryptocurrency

In recent months, cryptocurrency hard forks have started to regularly undermine the true value of many forms of digital currency.

Bitcoin will soon fork for the 4th time in 9-months with the launch of Bitcoin Private. Litecoin, meanwhile, has just forked and suffered a 20% decline in value, while unauthorized coin Litecoin Cash has started rising in value.

Needless to say, constant forking is bad for cryptocurrency. This is why coins which can’t be forked will likely become more preferable to investors in the long-term. What is more, this is why coins like DigiByte should be on more people's invesment radar.

5 Mining Algorithms & Over 4-Years of Continuous Development

In the case of Bitcoin and Litecoin, recent Bitcoin Gold and Litecoin Cash forks have occurred in order to create coin versions which can be mined using different mining algorithms. (Or at least that’s what development teams say). What this means, however, is that forks could occur (like they have started to with Bitcoin) indefinitely.

Thankfully, lesser known digital currency DigiByte already employs 5 different mining algorithms. This means that as well as there being no reasonable need to fork DigiByte, doing so would be inordinately difficult.

DigiByte Vs Litecoin Cash Technical Specifics

• DigiByte benefits form far superior decentralization than Litecoin Cash
• DigiByte benefits from 15 second block processing times as opposed to Litecoin Cash and its 2.5-minute block processing times
• DigiByte scales automatically every 2-years to maintain fast transaction processing. Coins like Litecoin Cash on the other hand, have to either be forked again or develop new blockchain side chains to upgrade
• DigiByte can currently facilitate 560 transactions per second as opposed to Litecoin Cash which can process just 65 transactions per second
• Automatic block re-sizing means that DigiByte will be able to facilitate over 200,000 transactions per second by 2035

How Investment Worthy DigiByte?

Because DigiByte is fast, immune to forking, and has over 4-years of active developmentDigiByte is superior to coins like Bitcoin Gold and Litecoin Cash in every way possible. In fact, DigiBytes only real cryptocurrency competitor is Cardano, a coin which itself isn’t yet ready for mainstream rollout.

Of course, at present, altcoins like Litecoin Cash (which can be created easily by copying existing Litecoin code), are attracting more investor attention than true cryptocurrencies. At some point, however, investors will realize that such coins are nothing more than cheap imitation cryptocurrencies. What is more, when this happens, coins like DigiByte will likely see a significant surge in value, as investors start looking for safer and more secure cryptocurrencies to invest in.