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BlockDAG's New Architecture Reshapes Cryptocurrency Foundations

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by Giorgi Kostiuk

2 days ago


The article explores the achievements and approaches of contemporary blockchain platforms: Optimism, MakerDAO, and BlockDAG.

Optimism: Scaling Ethereum Horizons

Optimism is designed to enhance Ethereum's transaction throughput and reduce costs using Optimistic Rollup technology. The platform has grown significantly, achieving $906 million in TVL by March 2024 and attracting over $178.5 million in investments.

MakerDAO: Pioneering Decentralized Finance

Founded by Rune Christensen in 2014, MakerDAO offers users the ability to lend and borrow without intermediaries, using the DAI stablecoin pegged to the US dollar. Despite a decline in its TVL to $4.8 billion by August 2024, the platform remains a key player in the DeFi sector.

BlockDAG: Not Just Another Chain, a New Framework for Crypto

BlockDAG proposes a completely new architecture, discarding the linear chain model, facilitating simultaneous validation of multiple blocks. The interest in this innovative approach is reflected in a 2,380% ROI, highlighting the investor confidence.

Modern blockchain platforms continue to evolve to address current issues. BlockDAG stands out with its innovative structure, gaining investor trust and suggesting a new path in cryptocurrency development.

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