BlockDAG represents a new direction in cryptocurrency aiming to change the approach to decentralized systems. Within a short time, the project has gained significant attention, raising over $350 million in presale.
What is BlockDAG?
BlockDAG operates on a Directed Acyclic Graph (DAG) framework, allowing multiple blocks to be confirmed in parallel rather than sequentially. This technology dramatically increases the speed and scalability of the network. Currently supporting 10 blocks per second with the potential to exceed 100 as it scales, BlockDAG provides an efficient solution.
Security and Scalability of BlockDAG
Security and stability are central to BlockDAG's strategy. Its systems have been audited by leading firms, including CertiK and Halborn. They assessed contract safety and asset management mechanisms. Any issues identified were promptly addressed, confirming the reliability of the network.
Partnerships and Potential of BlockDAG
BlockDAG is also actively forming partnerships with brands such as UFC and sports clubs, which opens new opportunities for Web3 integration. The simplified mining process through the X1 app allows users to earn BDAG on their mobile devices, contributing to user base growth.
BlockDAG integrates technological advancements, real-world partnerships, and user-friendliness into one network. In light of significant successes in presale and new product releases, the project continues to attract attention in the cryptocurrency space.
