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BlockDAG Launches Mainnet: What It Means for Decentralization

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by Giorgi Kostiuk

2 days ago


Technological advancements continue to transform the blockchain industry, with BlockDAG leading the way through its unique approach to implementing decentralization technologies.

Arbitrum: Enhancing Ethereum's Speed

Developed by Offchain Labs, Arbitrum serves as a Layer 2 solution for Ethereum, enhancing speed and reducing costs. Since its launch on August 31, 2021, Arbitrum has introduced optimistic rollups that facilitate smart contract functionality with lower gas expenses.

Jupiter: A Digital Banking Platform

Founded by Jitendra Gupta, Jupiter offers digital banking services through a single app, making financial management straightforward for users. Since its inception in 2019, the platform has been actively shaping the digital banking scene in India.

BlockDAG: A Decentralization Breakthrough

BlockDAG has demonstrated an effective approach to decentralization development, dispatching nearly 10,000 ASIC miners. This move proves that the company is not just talking about decentralization but applying it in practice.

While Arbitrum focuses on scalability and Jupiter on financial accessibility, BlockDAG opens the path to true decentralization, actively involving its users from the outset.

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