What are some notable cryptocurrencies that utilize DAG as their underlying technology?

1 answers

• Krishabh GuptaOct 12, 2024 · a year ago
  Certainly! Here are a few notable cryptocurrencies that leverage DAG as their underlying technology: 1. IOTA: IOTA is a distributed ledger technology that uses a DAG called the Tangle. It aims to provide secure and feeless transactions for the Internet of Things (IoT) ecosystem. 2. Nano: Nano, formerly known as RaiBlocks, utilizes a block-lattice data structure based on DAG. It offers fast and feeless transactions with instant confirmation. 3. Byteball: Byteball is a decentralized platform that uses a DAG-based data structure for consensus. It enables private, secure, and scalable transactions. 4. Hedera Hashgraph: Hedera Hashgraph is a public distributed ledger that employs a DAG to achieve consensus. It aims to provide fast and fair transactions with high throughput. 5. Fantom: Fantom is a DAG-based smart contract platform that enables high-speed and scalable decentralized applications. These cryptocurrencies are known for their innovative use of DAG technology and offer unique solutions for various industries.
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