Directed Acyclic Graph

5 Articles 2 Followers

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.


What is Nano (NANO)? [A comprehensive Guide to Understanding NANO]

1 week ago 6 minute read Mr.CryptoWiki $6.23 tipped

While the growth and development of smart contracts platforms has seen Distributed Ledger Technologies (DLTs) vastly expand its set of potential use cases, the primary goal of these technologies still seem to be upending the financial paradigm by rep...

What is HyperCash (HC) [A Comprehensive Guide to Understanding HyperCash]

2 weeks ago 6 minute read Mr.CryptoWiki $5.72 tipped

The term cryptocurrency is very broad as there are more than 3000 cryptocurrencies on CoinMarketCap with a multitude of different structures, technologies purposes, and use cases. Some cryptos are relatively simple with the intent to be digital curre...

What is the Future of Masternodes? Enabling Next-Generation Blockchain & Decentralized Services

31 Aug 2019 4 minute read oneEyedJack $5.59 tipped

The crypto world went abuzz in February 2015 when the project formerly known as Darkcoin, Dash, introduced InstantSend and PrivateSend. The utility of masternodes had become apparent to end users by way of the fastest means of transaction at the time...

7 Reasons Why NANO is The Best Currency in the World

19 Jul 2019 1 minute read Lucky Jay $1.12 tipped

NANO can make all of these claims which are essential to a truly liberating and efficient means of exchange.  Fast Feeless Green Decentralized Borderless Limited Supply Simple to Use FAST:                         NANO transactions average under 2...

BEXAM: The generation 2.0 of Blockchain with DAG/Hybrid platform and Bexam Exchange

23 Jan 2019 5 minute read francis esparagoza $0.02 tipped

A great day to all of you guys that are in the cryptocurrency space and longing for my new ICO review! Well, here we go again and let me explore with you guys this new innovation for our cryptocurrency and blockchain space. Let me introduce you BEXAM...