The cryptocurrency market is recovering, and one project that is capturing widespread attention is BlockDAG. Its record presale raised over $346 million, making it the largest in crypto history.
What is BlockDAG?
BlockDAG is a Layer 1 blockchain designed to address the limitations of earlier networks like Bitcoin. It employs a Directed Acyclic Graph (DAG) structure, allowing multiple blocks to be verified simultaneously and processing thousands of transactions per second without sacrificing security.
Tools and Capabilities of BlockDAG
BlockDAG already offers useful tools, including a beta testnet where users and developers can test the network. Key features include the BlockDAG Explorer for tracking transactions and the X1 Miner app that allows users to earn BDAG using their smartphones. The network has also been audited by respected firms such as CertiK and Halborn.
Record Presale and Prospects
The BlockDAG presale has raised over $346 million, with 24 billion BDAG sold. The prices of tokens are locked at $0.0016 until the global launch on August 11. The listing price is expected to be $0.05, presenting a substantial profit opportunity for early investors.
BlockDAG stands out as one of the most promising projects in the cryptocurrency market due to its innovations and impressive presale results. The technology is working, and demand for the project continues to grow.