Directed Acyclic Graph - News, Opinions and Analyses Created By Users

Directed Acyclic Graph

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The Directed Acyclic Graph (DAG) is a particular kind of Decentralized Ledger Technology (DLT) that is distinct from blockchain technology. In layman’s terms, a Directed Acyclic Graph in computer science refers to graph in which the edges of the graph go only way. Another important point is that it is impossible to traverse the graph starting from one edge i.e. there are no cycles in the graph, hence the term “acyclic.”

The difference between DAGs and blockchains is that it is possible for multiple chains of blocks to function on a DAG, but not in the case of a blockchain.

The most prominent project using the DAG protocol is IOTA, a top 10 by market cap project that has received a lot of attention and support for its use of DAG and its Tangle mechanism, which grows in processing performance as more users join the network. IOTA’s Tangle and DAG network has seen it quickly rope in major players from various industries, most notably automobile giants like Volkswagen.

DAGs are seen as having a particularly large amount of potential in areas like the Internet of Things (IoT), where a large number of devices frequently make a large number of transactions with each other. A world run on devices, where each of these seamlessly communicate with each other to offer individuals uninterrupted services, would require a network that can process that kind of load, and DAG projects are preparing for that kind of future.

IOTA get ready for a new phase: Chrysalis ( IOTA 1.5 )

15 May 2020 2 minute read 0 comments Cryptonite

    Iota mainnet is operational since 2016 and it reached a lot of feedback from enterprise, institutions and users, this experience is making treasure for the next level of this exiting project… the phase 1.5 is called Chrysalis and will focus on th...

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24 Apr 2020 3 minute read 8 comments banano

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Smart Contracts in DAG

21 Apr 2020 4 minute read 0 comments liangqiang

What it means to implement smart contracts in a DAG ledger Introduction Compared to traditional Blockchain, implementing smart contracts based on a DAG (Directed Acyclic Graph) ledger is undoubtedly more challenging. So what exactly are these difficu...

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9 Apr 2020 14 minute read 19 comments MuyAsk

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7 Mar 2020 8 minute read 11 comments banano

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DAG Nation: The Communtiy's Podcast

26 Feb 2020 2 minute read 12 comments KeenanRIVALS

Late last night (or early today) I announced that I was going to start a podcast focusing on DAG coins. It's been something I've been thinking about for a while and after great thought, I ultimately decided that I have to do it. When it comes to this...

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18 Feb 2020 20 minute read 1 comment ankarlie

Image Source Introduction It has been 11 years since Satoshi Nakamoto released the whitepaper of Bitcoin. Who would have known that this will ignite a global phenomenon that would rock the whole financial industry by giving us an alternative to the...

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10 Feb 2020 15 minute read 12 comments MuyAsk

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17 Jan 2020 8 minute read 15 comments CryptoBoomer

Formerly called RaiBlocks, NANO is one of the fastest cryptocurrencies in the market. NANO supporters often brag on how NANO transactions can be even faster than other speedy cryptocurrencies such as DASH, XRP, XLM, or Litecoin. It is believed that...

Blockchain is a new clickbait word

19 Nov 2019 1 minute read 1 comment shadowofsatoshi

Blockchain is a modern word. Even so modern that it has become a clickbait. Anyone uses it to focus readers' attention. But it is not blockchain like blockchain.Governments of world powers, management of large banks, start-up companies. All of these...