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What is BlockDAG: Key Achievements and Prospects of the New Crypto Project

What is BlockDAG: Key Achievements and Prospects of the New Crypto Project

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by Giorgi Kostiuk

a day ago


BlockDAG represents a new promising project on the crypto market that has attracted significant attention due to its innovative technologies and active achievements ahead of its official launch.

BlockDAG's Approach to Speed and Scalability

BlockDAG is a Layer 1 network designed to solve issues related to the sluggishness of older blockchains. Instead of the traditional block-by-block approach, it uses a Directed Acyclic Graph (DAG), allowing multiple blocks to be processed simultaneously. This design supports speeds of up to 15,000 transactions per second and helps avoid delays such as orphan blocks. The project also guarantees security, having undergone audits by reputed firms CertiK and Halborn.

Active Tools and Mobile Mining of BlockDAG

BlockDAG showcases real features even before its launch. The X1 Miner app is already being used by over 2 million people worldwide. It is available for both Android and iOS, allowing users to earn up to 20 BDAG daily without the need for special knowledge or tools. Additionally, a beta testnet has already been launched, featuring improved tools for developers, including smart contract functionality.

Global Partnerships and Market Success

The project is actively expanding its presence by forming partnerships with notable sports teams, such as the Seattle Orcas and Seattle Seawolves. These collaborations increase BlockDAG's visibility among a wider audience, potentially attracting new users to the cryptocurrency space. Furthermore, the project is preparing for listings on 20 major exchanges, simplifying access and trading for BDAG.

Given its confirmed growth and active efforts to expand its presence, BlockDAG is viewed as one of the promising projects in the cryptocurrency space.

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