Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: masterrex on May 13, 2020, 02:32:19 PM
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lately, I found out that several platforms were offering zero transaction fees and possessed with a faster transaction speed compare to other existing platforms that use the conventional blockchain technology and this is called Directed Acyclic Graph or DAG technology that reportedly brings benefits like zero fees, infinite scalability, fast transactions, and secure data transfer. etc. what are your thoughts about this kindly drop below?
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We will see that DAG technology is not really different from Blockchain. One of the main differences that makes DAG stand out from most other technologies, is the concept of "Miners" - users of "processes, direct connections, and transaction confirmation". on the system will no longer exist. . Therefore, it is safer to use traditional Blockchain technology
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In my opinion, DAG will be better because it does not use too many resources, so DAG absolutely does not need powerful mining systems, the time to create a Site is also faster, making transactions completely faster than Blockchain.
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DAG is based on the concept of blocks, though. but it has its own characteristics that people use it for. Non-cyclic live graphs using the “Trade issuers and confirmers” technique of hiring. This makes DAG really different from Blockchain, which affects miners who perform these operations, validators and issuers.