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

Directed Acyclic Graph

20 Articles 3 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.

Fantom announces Partnership with Royal Star, Nabros Pharma, Bliss GVS, and the Ministry of Health, for the Certification of Pharmaceuticals across Afghanistan

9 Jul 2020 4 minute read 0 comments Fantom Foundation

Fantom representative Ahmad Jawid Sikandar (left) with Royal Star Pharma President, Obaidullah Nooristany (right)   Today, Fantom is excited to announce the launch of our Smart Medicine pilot project in Afghanistan. On 18 May 2020, a signing ceremon...

How Can Voting and Governance Be Enhanced Through Crypto Technology?

10 Jun 2020 7 minute read 25 comments SkinnerCrypto

Oh yeah, I think this will stir the pot real good.  I've been thinking about voting for some time now for some really big and extremely over-ambitious reasons this last month. In fact, it has been something that I have thought about for longer, but p...

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...

BoomPow v2.0.3 Released! Earn BANANO by Providing Proof of Work to (BA)NANO Services!

24 Apr 2020 3 minute read 8 comments banano

In September 2019, we’ve announced BoomPoW (bPow), BANANO’s peel of the distributed proof of work (DPoW) system created by members of the Nano community. Now, we’ve updated our BoomPow client to version 2.0.3 — and this is a mandatory update! Read mo...

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...

Top Things You Should Know About Nano (NANO)

9 Apr 2020 14 minute read 19 comments MuyAsk

Hey guys :) I’ve compiled a list of questions with answers that contain all of the information you need to know about the fast and easy-to-use Nano (NANO) cryptocurrency. This piece is just like my other pieces on IOTA, Tron, Binance, and more.  Hope...

BANANO Monthly Update #23 (March 2020)

7 Mar 2020 8 minute read 11 comments banano

Time for another monthly update from the BANANO ecosystem! The idea of those monthly updates is to keep our community informed, provide a good starting point for new people looking at the project, and to be transparent about BANANO’s ongoing distribu...

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...

Ferrum Network: Keeping the promise of Inclusivity

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...

Top Things You Should Know About IOTA (MIOTA)

10 Feb 2020 15 minute read 12 comments MuyAsk

Hey guys :) Now that the altcoin market is heating up once again, I’ve compiled an information-packed peace on IOTA (MIOTA) to help you fundamentally understand what this popular cryptocurrency project is all about. Hope you enjoy it! The list of Q&A...