The Currency Analytics
By Steven Anderson
DigiByte (DGB) Community Video
Paying for a cup of coffee can unfold a lot of economics in the process when paying for the same product using different cryptocurrencies.
Hans Koning, Chair Digibyte Foundation tweeted: “Guess a time consuming $BTC transaction automatically includes a tip as well.
This he substantiated by comparing the transaction times and the transaction fee when ordering a cup of coffee.
When someone said, 15 seconds is still slow though. We may as well stick with the current system because even the fastest of the three is still slow.
In response, Hans Koning replied, “Actually, transactions are visible in your wallet in 1 second, and confirmed in 15s; please try.”
Someone who tried to kid further clarified stating Coffee cost - $4 Transaction time - 2.5min Transaction fee - $11.45 $ETH.
Further one of them stated that Tipping was not a European Custom, but on how DigiByte is perfect for the penny-pinching Mr. Pinks out there.
Someone ran to rescue trying to correct something by stating, Dear Hans, this is just not right. Does not reflect reality. Current median fees are $0.9-1.5 for BTC, $0.
Hans Koning Concluded stating, Thanks for pointing this out. Inaccurate information is not something I or the foundation supports; on the contrary.
Rudy Bouwman stated $DGB cryptocurrency is just one use case of the Digibyte Blockchain. There are other use cases where Digibyte is being used like in proof of…
Sydney Ifergan, the crypto expert opined: “Some of them have been discussing about having formed a community for creating excellent videos about DGB.