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Vladar49
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Blockchain’s New Competitor, DAG, Aims to Lead the New Era of FinTech Evolution

Mon Dec 18, 2017 4:57 pm

Blockchain is a game-changing technology that aims to disrupt markets worldwide, however, Blockchain tech isn’t the only technology with groundbreaking potential in the field. DAG (directed acyclic graph) is one of the main competitors to Blockchain technology. Unlike Blockchain, DAG is a new technology without blocks, miners and expenses on mining itself.

New technology with huge potential

While Blockchain is a distributed database that has records about all transactions made, and all written in blocks, DAG uses another system to ensure similar features. In DAG, every new transaction verifies one or more previous transactions, resulting in a structure that is a finite directed graph with no directed cycles.

Read more: https://coinidol.com/dag-aims-to-lead-t ... evolution/

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