The BlockDAG network, having raised over $359 million and attracting more than 2.5 million users, has already enlisted over 4500 developers. This article explores the reasons for this choice.
EVM Compatibility Eases Onboarding
BlockDAG is fully compatible with the Ethereum Virtual Machine (EVM), allowing the direct implementation of smart contracts written in Solidity with minimal modifications. This provides developers with a seamless migration path, as tools like MetaMask, Remix, and Hardhat are already integrated. Existing decentralized applications (dApps), especially in DeFi and NFT spaces, can deploy on BlockDAG, leveraging higher transaction speeds and lower fees compared to Ethereum.
Testnet Access and Early Builder Incentives
BlockDAG’s live testnet enables developers to create and test smart contracts. The network processes up to 10 blocks per second and utilizes a hybrid DAG + Proof-of-Work model, ensuring both scalability and security. To support builders, BlockDAG introduced grants and organizes hackathons, aiming to fund 1000 dApps by 2026.
Active Development Before Network Launch
Although BlockDAG is still in its presale phase, it already provides developers with the necessary tools and incentives to create and scale applications. With over 4500 developers engaged, the ecosystem is actively shaping itself ahead of the mainnet launch, fostering a conducive environment for commencement.
BlockDAG is demonstrating significant developer uptake and creating support for its ecosystem, ensuring active growth even before its official launch.
