BlockDAG is a new system based on the blockchain model that has attracted attention by raising over $381 million in presales. Developers and analysts note that this technology could change the approach to proof-of-work.
The Architecture: DAG With Proof-of-Work
BlockDAG uses a hybrid model that combines a directed acyclic graph (DAG) with proof-of-work (PoW). This structure allows multiple blocks to be processed simultaneously, eliminating delays characteristic of traditional blockchains like Bitcoin and Ethereum. Meanwhile, PoW ensures system security.
Building a Wide User Base Before Launch
One of BlockDAG's key moves is focusing on building its user base before the mainnet launch. The X1 mobile application has already attracted over 2.5 million users who can mine BDAG coins directly from their phones with minimal setup. This strategy has created one of the largest user groups in the crypto industry before launch.
Developer Growth and Ecosystem Scale
The future of any blockchain largely depends on the applications built on top of it. BlockDAG is already showing strength in this regard, with over 4,500 developers working on 300+ decentralized applications across DeFi, NFTs, and gaming. EVM compatibility allows developers to port their Ethereum applications without significant time and resource costs.
BlockDAG is not just another presale chasing attention but a coherent strategy for the next generation of blockchains. With its unique architecture and active user community, the project lays a solid foundation for future growth.
