What is TRF DAG?

[masfaii]

For those readers who are not versed in coding or cryptography, the concept of a Direct Acyclic Graph will not make any more sense than a blockchain makes. That’s because it’s still a way to successfully record and broadcast transactions to the rest of the network. On that front, there is very little difference between the two concepts. However, in the case of TRF, there are no miners who process, broadcast, and confirm transactions.

That doesn’t have to be a bad thing, though, as the mining process is often considered a waste of electricity first and foremost. Whether that makes the DAG implementation superior or inferior is hard to determine at this point in time. There is no perfect way to achieve distributed and decentralized consensus in the world of cryptocurrency right now. Any new way of achieving this goal will have its advantages and drawbacks.

More specifically, this consensus mechanism involves the use of transaction issuers and transaction validators. This is very different from the concept of mining, where the issuers and approvers are one and the same, for the most part. Some people see this as an advantage, as miners often collude to harm the network whenever things aren’t going to their liking. Moreover, miner fees also impact those networks relying on mining consensus, such as Bitcoin and Ethereum.

There are additional advantages to using TRF DAG. First of all, it seems to solve scalability, although there is still a lot of work to be done in this regard. Secondly, it solves most of the issues associated with transaction fees found in Bitcoin and Ethereum. Transactions broadcast to the network require two previous transactions to be approved. This must be handled by the network nodes, which requires that the approved network nodes don’t conflict with one another. It is an interesting take on double-spends, although it still has to be put through its paces properly.


Link Official Travelflex :

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Google: https://plus.google.com/u/0/+TravelflexcoinOFFICIAL

Youtube:https://www.youtube.com/channel/UCPK57V_aR364zpLofNm2-ug

[opobo4real]

Honestly am seeing this for the first time,
I don't really know what it means but I love to learn
So I came here to learn someone with much knowledge should please enlighten us.
Am eager to learn and know what it means.

[tamango]

I really didn’t know anything about that.. thanks for sharing.. this is the reason I really love this forum because there are some thread very useful to make my knowledge grow

[masfaii]

Honestly am seeing this for the first time,
I don't really know what it means but I love to learn
So I came here to learn someone with much knowledge should please enlighten us.
Am eager to learn and know what it means.

if you want to know more about DAG, you can read in this article.

https://www.investinblockchain.com/dag-blockchain-new-competitor/

[masfaii]

I really didn’t know anything about that.. thanks for sharing.. this is the reason I really love this forum because there are some thread very useful to make my knowledge grow

maybe you know more about DAG through the article above or through the following vedio

https://www.youtube.com/results?search_query=blockchain+dag

[spiker777]

Glad that DAG is getting the recognition it deserves. A lot more projects are sprinting up using DAG in their core protocol, in fact, many even use it as one of their selling points. Just goes to show how quick innovation spreads in the crypto world.

[masfaii]

Glad that DAG is getting the recognition it deserves. A lot more projects are sprinting up using DAG in their core protocol, in fact, many even use it as one of their selling points. Just goes to show how quick innovation spreads in the crypto world.

yes Travelflex one of the users of DAG Technology, they have a speed of 3900 TPS. or you can find out more through this article : https://medium.com/@travelflexcoin/june-23-travelflex-is-switching-to-dag-9e488d9a891d

[Glomerulus22]

I bought TravelFlex in January and still HODLing it...it is a good coin in my opinion and when new alt bullrun starts, it could make good profit. Team is very active and they are focused not just to travelling, but also on social media and marketing.

[masfaii]

I am very happy to collect the coin that will migrate to DAG technology ... because the price growth when migrated to DAG is very fast, try checking the migrated coin to DAG like byteball iota and Nano ...

[masfaii]

I bought TravelFlex in January and still HODLing it...it is a good coin in my opinion and when new alt bullrun starts, it could make good profit. Team is very active and they are focused not just to travelling, but also on social media and marketing.

I will sell TRF when I am satisfied with the profit I get, and will keep some TRF 2-3 years ahead ..

[Classica35]

Thanks for sharing this info, there is a lot to be learnt about the TRF DAG. I think if this truly works out well and it is well adopted into ethereum and bitcoin blockchain,  it will be of great advantage.
Although, this seems foreign to my knowledge interesting in knowing more.

[Yeshualive]

Actually TRF is a possible scam project. Let me tell you a quick story about it. At first they claimed that part of its ICO would be donated to Charity (which he never showed a proof). Coins were pre-mined and no one knew about it. It seems their CEO is running out of money and they are now saying they are in partnership with another ico (CTA coin) claiming that some guys work in their office now, so it's 2 coins in one office. If you take a look at CTA's website (https://www.cryptassist.io) you'll see it is very look a like with TRF website, they just changed some colors and fonts. TRF coins were accepted as payment for CTA in their ICO and million of TRF coins flew to the CTA's CEO. Their developer (Daniel) which no one knows nothing about him (Couldn't find his Linkedin or other social media profile) claimed to be working in the DAG coin from scratch but he just copied the codes from Byteball (fork) https://pastebin.com/Zk6DJAu2. Red is what they deleted, green is what they added. One day before the deadline of swap, they announced a partnership with another ICO which they are actively promoting (even knowing they are a competitor). There are more shit about this project, but my advice is stay away from this coin.

[masfaii]

Actually TRF is a possible scam project. Let me tell you a quick story about it. At first they claimed that part of its ICO would be donated to Charity (which he never showed a proof). Coins were pre-mined and no one knew about it. It seems their CEO is running out of money and they are now saying they are in partnership with another ico (CTA coin) claiming that some guys work in their office now, so it's 2 coins in one office. If you take a look at CTA's website (https://www.cryptassist.io) you'll see it is very look a like with TRF website, they just changed some colors and fonts. TRF coins were accepted as payment for CTA in their ICO and million of TRF coins flew to the CTA's CEO. Their developer (Daniel) which no one knows nothing about him (Couldn't find his Linkedin or other social media profile) claimed to be working in the DAG coin from scratch but he just copied the codes from Byteball (fork) https://pastebin.com/Zk6DJAu2. Red is what they deleted, green is what they added. One day before the deadline of swap, they announced a partnership with another ICO which they are actively promoting (even knowing they are a competitor). There are more shit about this project, but my advice is stay away from this coin.

what you say is a big mistake, TRF and CTA are not the same company. can you show me the fact you mentioned it ?? if you are right i will sell all my TRF assets.

[masfaii]

I bought TravelFlex in January and still HODLing it...it is a good coin in my opinion and when new alt bullrun starts, it could make good profit. Team is very active and they are focused not just to travelling, but also on social media and marketing.

Travelflex for long term...!!!

[Petersha]

Travelflex and Cryptassist are totally separate and independant companies. Travelflex are a registered Hong Kong Company and Cryptassist (where I was an advisor to the ICO) is a company registered in Estonia. Different teams, different locations. Cannot be any clearer than that for those that like to spread fud.

[Petersha]

TRF MOBILE WALLET IS NOW AVAILABLE!

Travelflex are pleased to announce that our Android mobile wallet is now available for download on Google Play.

Featuring the same layout, functions and speeds as the desktop wallet, making the transition to your mobile device seamless and user friendly.

Take Your TRF Everywhere!

Some of the features on the TRF Android mobile wallet include:

•   ability to connect with other users to chat

•   request payments in chat

•   add new addresses to your contact book using QR codes

•   always control your wallet seed and private keys

The Travelflex Android mobile wallet is the fast and secure way to store and spend your TRF while travelling.

iOS wallet will be available soon after Apple App Store approval.

To learn more about Travelflex visit our website: www.travelflex.org

[Petersha]

The new TRF DAG coin

Travelflex has switched to a DAG based algorithm in order to solve the scalability problems faced by many other cryptocurrencies and to become one of the front-runners in blockchain technology.

DAG is believed to be blockchain 3.0 and brings Travelflex into the future!

First, there was Bitcoin, then there was Ethereum, now there is DAG. DAG is much more efficient than other blockchain solutions and is used to help solve multiple issues with data processing, data compression and finding the most effective navigation routes.

One of the fastest coins on the market!

The new TRF DAG coin is lightning fast, with current transaction speeds of around 4,000 TPS. Of course, these speeds will only continue to get faster, with estimations that by December, TRF will be up to 10,000 TPS, making us one the fastest coins in existence.

To learn more about Travelflex, please visit our website at https://travelflex.org

[Petersha]

The Travelflex Webshop

Alongside the swap to DAG, the Travelflex team has been working hard creating a completely new webshop which will be up and running by Quarter 4, 2018. An exciting variety of travel and other products and services are currently being added to this multi-vendor shop.

Users will be able to purchase products and services with TRF and merchants will have their own TRF Merchant Wallets. Merchants will be able to receive payments twice weekly in their choice of either TRF or USD. Products will be dropshipped to our customers.

Travelflex is the future and changes the way the world travels by allowing you to purchase your travel and other products and services in crypto from anywhere around the world in just a matter of minutes!

To learn more about Travelflex, please visit our website at https://travelflex.org

[Petersha]

https://www.youtube.com/watch?v=0QIMtd1s2kU

[Petersha]

Great news TravelFlex family! Cryptoback will be available in just 3 weeks. For a limited time only, register and receive gold member status with gold member privileges completely free of charge!