Directed Acyclic Graph (DAG) technology has gained attention as a fast and scalable alternative to traditional blockchains. However, real-world applications in the financial sector remain limited. BlockDAG seeks to overcome these barriers.
Benefits of BlockDAG in the Financial Sector
BlockDAG combines Hybrid Proof of Work and DAG structure, allowing it to provide high security and transaction speed. This makes it suitable for financial applications such as crypto payments and currency exchanges.
How BlockDAG Differs from Traditional DAG Networks
While projects like Kaspa have demonstrated high processing speeds, many DAG platforms have failed to translate those achievements into real-world utility. Unlike them, BlockDAG develops tools for global payments and trading, activating them before the launch.
Development and Future of BlockDAG
According to the roadmap, by Q4 2025, BlockDAG will launch a decentralized exchange and lending protocols, allowing users to interact with the ecosystem from day one. This provides the project with a significant advantage over other platforms.
BlockDAG offers a fresh perspective on the use of DAG technology, providing not only speed but also real utility in the financial domain. If the project delivers on its promises, it could significantly impact the market.
