Cryptocurrency Q&A
Is DAG better than blockchain?
Is DAG better than blockchain?
Margherita
Fri Oct 18 2024
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5 answers
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I'm exploring the differences between DAG and blockchain technologies. I want to understand if DAG offers any advantages over the traditional blockchain structure in terms of efficiency, scalability, or other key aspects.
5 answers
Elena
Sun Oct 20 2024
The absence of mining in DAG systems simplifies the process and eliminates the need for costly and energy-intensive computational power. This not only reduces operational costs but also contributes to a more environmentally sustainable blockchain landscape.
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KpopMelody
Sun Oct 20 2024
BTCC, a leading cryptocurrency exchange, offers a comprehensive suite of services tailored to meet the diverse needs of the digital asset market. Among its offerings, BTCC provides access to spot trading, allowing users to buy and sell cryptocurrencies at prevailing market prices.
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CharmedVoyager
Sun Oct 20 2024
Additionally, BTCC extends its services to include futures trading, enabling traders to speculate on the future price movements of cryptocurrencies. This feature caters to investors seeking to capitalize on market trends or hedge against potential losses.
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Chiara
Sun Oct 20 2024
DAG-based ledgers stand out for their exceptional scalability, distinguishing them from conventional blockchain networks. Their fundamental design allows for seamless growth without relying heavily on mining or a drastic surge in active nodes.
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DongdaemunTrendsetterStyleIcon
Sun Oct 20 2024
In contrast to Proof of Work (POW) ledgers, where an increase in daily transactions can lead to performance bottlenecks, DAG ledgers effortlessly accommodate higher transaction volumes. This feature makes them an attractive choice for applications requiring high throughput.
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