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BlockDAG Advances Kaspa's Achievements: $209M Raised After Keynote 3

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by Giorgi Kostiuk

2 days ago


BlockDAG and Kaspa continue to develop the GhostDAG technology, ensuring high throughput and security. Innovations include Ethereum capabilities and a hybrid consensus model.

Development of BlockDAG and Kaspa Protocols

Kaspa and BlockDAG use the GhostDAG protocol to allow simultaneous block creation, eliminating forks. BlockDAG extends these capabilities by adding Ethereum Virtual Machine compatibility and aiming for a more complete Layer 1 system.

BlockDAG builds on the state-of-the-art GhostDAG protocol for scalability and security... but we’ve taken the next step to support full compatibility with the Ethereum Virtual Machine.Dr. Maurice Herlihy

DAG + PoW Hybrid Model

BlockDAG blends GhostDAG and Proof-of-Work, enhancing transaction capacity and network trust. This model enables processing thousands of transactions simultaneously, eliminates transaction ordering manipulations, and optimizes energy consumption.

This isn’t your traditional blockchain—we’re literally rewriting the rules… Our hybrid consensus combines the best of two worlds: the security of Proof-of-Work with the speed of DAG.Jeremy Harkness

BlockDAG's Long-Term Plans

BlockDAG aims to ensure security and development of decentralized applications. Audits and developer training programs are being implemented. The goal is to reach over 1000 applications by 2026.

Security is not a feature—it’s the bedrock.Dr. Youssef Khaoulaj

BlockDAG is building the future of blockchain by continuing to advance Kaspa's ideas and implementing innovative solutions for users and developers.

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