Cryptocurrency Q&A
Is a DAG a blockchain?
Is a DAG a blockchain?
Martino
Fri Jul 26 2024
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5 answers
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Excuse me, I've been hearing a lot about DAGs lately, and I'm wondering if they're the same thing as blockchains. I know that blockchains are a decentralized, distributed ledger technology that uses blocks of data and cryptography to secure transactions. But how do DAGs fit into this picture? Are they a type of blockchain, or are they something completely different? I'd really appreciate it if you could clarify this for me. Thank you.
5 answers
Leonardo
Sat Jul 27 2024
"Directed" signifies that the connections between nodes have a specific direction, reflecting the irreversibility of transactions in a decentralized ledger.
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Andrea
Sat Jul 27 2024
A Directed Acyclic Graph (DAG) represents a distinct approach to data structuring in contrast to the conventional linear chain architecture employed by traditional blockchains. This innovative design eschews the sequential linking of blocks characteristic of blockchains.
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Silvia
Sat Jul 27 2024
In contrast to blockchains, where data is organized in a straight line, DAGs exhibit a more intricate, interconnected web-like structure. This web of nodes allows for unique properties and potential benefits in terms of transaction processing and scalability.
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SeoulSerenitySeekerPeaceLover
Sat Jul 27 2024
To delve deeper into the concept of DAGs, let's dissect the acronym from back to front. "Graph" refers to the visual representation of interconnected objects, in this case, nodes or transactions.
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ethan_thompson_journalist
Sat Jul 27 2024
"Acyclic" indicates that there are no cycles or loops within the graph, ensuring that transactions remain linearly ordered and free from double-spending issues.
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