Altcoins News
By Steven Anderson
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DigiByte (DGB) Community Video
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Paying for a cup of coffee can unfold a lot of economics in the process when paying for the same product using different cryptocurrencies.
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Hans Koning, Chair Digibyte Foundation tweeted: “Guess a time consuming $BTC transaction automatically includes a tip as well.
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This he substantiated by comparing the transaction times and the transaction fee when ordering a cup of coffee.
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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.
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In response, Hans Koning replied, “Actually, transactions are visible in your wallet in 1 second, and confirmed in 15s; please try.”
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Someone who tried to kid further clarified stating Coffee cost - $4 Transaction time - 2.5min Transaction fee - $11.45 $ETH.
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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.
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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.
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Hans Koning Concluded stating, Thanks for pointing this out. Inaccurate information is not something I or the foundation supports; on the contrary.
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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…
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Sydney Ifergan, the crypto expert opined: “Some of them have been discussing about having formed a community for creating excellent videos about DGB.
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