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BlockDAG: How 19,000 Miners Prepared the Project Development

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by Giorgi Kostiuk

2 hours ago


The BlockDAG project introduced an innovative approach by selling over 19,000 miners before the launch of its mainnet, ensuring the network's physical foundation.

Unique Approach to Hardware

BlockDAG leverages Directed Acyclic Graph (DAG) technology combined with a Proof-of-Work (PoW) system. This allows the project to view miners as a core component of the network. The focus on hardware availability ensures that decentralization starts from the first block.

Key Figures and Achievements

The BlockDAG project managed to raise over $371 million during its presale, distributing 25 billion coins and onboarding more than 200,000 holders. The X1 mobile mining app attracted another 2.5 million users, fostering multi-layer participation in the ecosystem.

Advantages for Early Buyers

Early buyers of miners will be able to start earning BDAG immediately after the launch. This helps to avoid hardware shortages often seen at the start of other projects. The geographical diversity of sales also supports decentralization and ensures the network's resilience from the outset.

BlockDAG's strategy of integrating hardware sales with mobile mining adoption creates a flexible ecosystem for various participants with different levels of access to technology. The preparation for the mainnet launch, backed by an already active user base, reflects confidence in the project's readiness.

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