BlockDAG, a unique project in blockchain technology, has integrated a new approach that combines DAG and Proof-of-Work to enhance network performance and security.
Hybrid DAG + PoW Model
Traditional blockchains process transactions sequentially, causing delays. The DAG structure allows for parallel processing of transactions, eliminating bottlenecks. However, such systems have faced security challenges, which BlockDAG addresses by integrating PoW. This provides a reliable consensus mechanism that protects against spam and double-spending while avoiding the high energy use of older models.
Mining Accessibility for All
BlockDAG makes mining accessible to everyone, without the need for expensive equipment. With the X1 Miner app, anyone can start mining BDAG directly from their mobile device. Soon, over 16,700 ASIC miners will be launched to support the BlockDAG system.
Current Achievements of BlockDAG
BlockDAG's beta test network has already processed over 1.2 million transactions. The full range of DeFi features will be available soon, and tokens have already begun distribution. Despite these achievements, BDAG remains priced at $0.0248.
BlockDAG's technology stands out among other solutions, addressing major scalability and security challenges in the cryptocurrency world. Its hybrid structure opens new opportunities for users, complementing decentralized systems.
