Komodo Team

Cryptocurrency is a type of digital or virtual currency that uses cryptography for security. Unlike traditional currencies, cryptocurrencies are decentralized and operate on technology called blockchain, which is a distributed ledger managed by a network of computers.

Next-generation blockchains have emerged since the growth of Ethereum in 2017. Many have sought to address the biggest obstacles to adoption like scalability and interoperability. Cosmos (ATOM), a blockchain of blockchains, is one such project that has gained traction in these years.

The sheer number of actively traded crypto assets - and more expected to launch - show that the nascent sector has plenty of room for growth. However, a few projects have been around longer than others and stood the test of time. In this regard, the Digibyte coin sets itself apart.