DAG Tech - the real blockchain

[singlecrytpo]

Saw this really good read about DAG (directed acylic graph) tech and they even mentioned one of my favorite projects IoT Chain (ITC). For anyone interested in IoT, this is some good insight into the tech.

https://www.forbes.com/sites/shermanlee/2018/01/22/explaining-directed-acylic-graph-dag-the-real-blockchain-3-0/#31838917180b

[makishart]

Saw this really good read about DAG (directed acylic graph) tech and they even mentioned one of my favorite projects IoT Chain (ITC). For anyone interested in IoT, this is some good insight into the tech.

https://www.forbes.com/sites/shermanlee/2018/01/22/explaining-directed-acylic-graph-dag-the-real-blockchain-3-0/#31838917180b

It's clear if you are shilling for iot chain, dag is not worked on the blockchain based system. In my understand about DAG has used the server to substitute the miners. That's why dag can reduce the fees to zero the network doesn't need to pay the costs to the miners for securing the system.

But I'm not agreed if DAG system is blockchain 3.0
So many people are still talking about the decentralized thing of dag system. Since it controlled by the developer and many people said that centralized system.

[cicciogas]

However i think DAG will continue to attract more people due to its high potential: fast, fee-less. It's perfect for a cryptocurrency. That's why i joined raiblocks, too late sadly

[christianb35]

The real blockchain is RaiBlocks, as oppose to what people think its completely different than IOTA and IoTChain. DAG is just a very generic term (even bitcoin has its own "DAG").

RaiBlocks is fully decentralized and a very simple technology (white paper of 8 pages, just like the first one of Satoshi Nakamoto). The technology is called Block Lattice. Performance wise it is far beyond any other Blockchain technology currently, including other using a DAG: https://i.imgur.com/oRpO8lc.gif

[chukaday]

However i think DAG will continue to attract more people due to its high potential: fast, fee-less. It's perfect for a cryptocurrency. That's why i joined raiblocks, too late sadly

It may be too late for you on Raiblocks but there are other interesting coins that use this type of technology. You have Byteball and Pearl on top of that one of the biggest coins out there in IOTA which uses slightly different tech but similar with TANGLE. You are never too late to all the parties, dont you worry .

[deniskiely]

I am waiting for another DAG project, is there any potential one right now ?