Why is dag better than blockchain?


Jul 12, 2022

Reading Time: 3 Min

DAG is better than blockchain because it is more scalable, efficient, and secure. With DAG, there is no need for blocks or miners. Transactions are confirmed by the network instantly and are irreversible. DAG also eliminates the fees associated with traditional blockchain networks.

Other related questions:

Q: Is DAG better than blockchain?

A: There is no definitive answer to this question as it depends on the specific use case. In general, DAGs (directed acyclic graphs) can be thought of as a more general data structure than blockchain, which enables more efficient and scalable transactions. However, blockchain technology has certain advantages over DAGs, such as being more resistant to Sybil attacks.

Q: How is DAG different from blockchain?

A: DAG is a distributed ledger technology (DLT) that is an alternative to blockchain. DAGs can be used to create a decentralized financial system that is more efficient and scalable than traditional blockchains. DAGs can also be used to create smart contracts and decentralized applications (dapps).

Q: What are the advantages of DAG?

A: DAG provides a more efficient way to process and manage data.

DAG can be used to process and manage both structured and unstructured data.

DAG can be used to process and manage data in real time.

DAG can be used to process and manage data in a distributed environment.

Q: Is DAG decentralized?

A: DAG is not a centralized system, but it is not completely decentralized either. It uses a hybrid system where there is a central authority (DAG Foundation) that oversees the network, but individual users are able to transact without the need for a third party.


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