The BlockDAG project introduces a new approach to decentralization, starting from the very foundations and allowing the community to manage infrastructure long before trading tokens begins.
Decentralization Before Token Launch
BlockDAG plans to implement decentralization at a stage when tokens are not yet traded on the market. This means that validator nodes and mining pools will be controlled by the community by the third week of the launch. This solution disrupts the standard practice where decentralization occurs only after trading begins.
How BlockDAG Works
BlockDAG combines Proof-of-Work consensus mechanism with a directed acyclic graph to provide high processing speed and strong decentralization. However, achieving this decentralization is only possible with active node operators. The project offers the community control over nodes before token trading, strengthening the network's security and stability.
Launch Plans and Prospects
The BlockDAG launch involves several key stages. During week four, the main blockchain will be launched, and in week three, community management will be activated. 40% of tokens will be distributed as airdrops. The main goal of this plan is to establish a decentralized foundation before trading on exchanges begins.
BlockDAG demonstrates a new approach to the development of crypto projects by offering genuine decentralization from the moment of launch. This could be a significant shift in the cryptocurrency landscape.