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Author Topic: Coin with DAG Chain base  (Read 116 times)
phoinex (OP)
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July 27, 2018, 03:24:51 PM
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When I read an article that DAG was created working differently from blockchain. Where blockchain requires approval from miners on every transaction, DAG manages to overcome this by getting rid of the block completely. In contrast, DAG transactions are linked to each other, which means one transaction confirms the next and soon.
The disappearance of the minner's approval of course makes the witdraw process faster and cheaper. Of course this is a very good crypto world logging revolution because some of the coins that exist today have solid networks and of course high costs. For now there are some new coins that have used the dag network and in my opinion this coin will be very potential for the future.
bobo012
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July 27, 2018, 03:36:59 PM
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When I read an article that DAG was created working differently from blockchain. Where blockchain requires approval from miners on every transaction, DAG manages to overcome this by getting rid of the block completely. In contrast, DAG transactions are linked to each other, which means one transaction confirms the next and soon.
The disappearance of the minner's approval of course makes the witdraw process faster and cheaper. Of course this is a very good crypto world logging revolution because some of the coins that exist today have solid networks and of course high costs. For now there are some new coins that have used the dag network and in my opinion this coin will be very potential for the future.

best dag coin in my book is definitelly Byteball. It has a great team, fast releases, interesting distribution and is not premined or in hands of single large individuals. It also has smart contracts.
nyia
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July 27, 2018, 03:38:05 PM
 #3

Yes this is very good dag chain may be an alternative solution with the current state of the network that feels slow and use high cost, other than that dag cain has a pretty good security.
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July 27, 2018, 03:46:43 PM
 #4

It is true I also heard from my friend that coin with DAG network has the advantage of fast transfer, cheap and safe cost. And I also just read that one of the coins named Travelflex also migrated to the DAG platform.

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July 27, 2018, 04:31:25 PM
 #5

When I read an article that DAG was created working differently from blockchain. Where blockchain requires approval from miners on every transaction, DAG manages to overcome this by getting rid of the block completely. In contrast, DAG transactions are linked to each other, which means one transaction confirms the next and soon.
Wow, your post encouraged me to do some research and I found out that IOTA is not the only cryptocurrency built not on the blockchain. DAG technology is potentially amazing, I am sure it is a viable alternative to blockchain, because of not being safe from quantum computer solving crypto puzzles and since the transactions are fast and cheap/free. My favorite one is still iota, though, because it doesn't only exploit the fancy tech, but also has very real use cases related to the Internet of things.

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phoinex (OP)
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July 28, 2018, 01:49:14 AM
 #6

Yes my travelflex has some and it is true that he migrated to the DAG network, and when I did the swap process and sent it back to my windows wallet I was so amazed, 9TRF widraw only takes 1sec.
Take a look at the picture below.

nyia
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July 28, 2018, 12:36:09 PM
 #7

Yes my travelflex has some and it is true that he migrated to the DAG network, and when I did the swap process and sent it back to my windows wallet I was so amazed, 9TRF widraw only takes 1sec.
Take a look at the picture below.


Very good news, this is proof of DAG network to network inofasi with transfer speed and low cost. I agree this will be the coin of the future.
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