BlockDAG is a new project in the blockchain world that promises to innovate by combining PoW and DAG technologies. Following the success of projects like Kaspa, BlockDAG aims to create a unique system that has already attracted investor attention.
Goals and Achievements Ahead of Launch
BlockDAG aims to raise $600 million in a presale. Despite its ambitious nature, this figure is necessary to ensure the resources for the platform launch. Currently, the project has already raised over $313 million from the sale of 22.8 billion BDAG coins. The funds will be used to create liquidity on more than 20 exchanges, develop the infrastructure, and attract developers.
Innovations in BlockDAG Architecture
The innovation of BlockDAG lies in integrating PoW into a DAG architecture. This hybrid system provides top-notch security akin to Bitcoin, scalability of up to 15,000 transactions per second, and decentralization through mobile mining participation. Energy-efficient optimized mining systems also enhance performance.
Future Prospects and Plans
BlockDAG is not only developing its infrastructure but actively building an ecosystem. Tools for developers and test versions of dApp have been launched. The presale is attracting interest from institutional investors, and the project plans to launch on several major exchanges, setting a great foundation for further growth. Upcoming goals include launching and community expansion.
BlockDAG demonstrates a confident approach to executing its innovative architecture, potentially establishing it as a significant player in the Layer 1 market. With its current achievements and goals, the project not only captures attention but also shows readiness for upcoming challenges.
