common-close-0
BYDFi
Trade wherever you are!

What is DAG and how does it relate to the coinmarketcap?

avatarNissen ColemanDec 26, 2021 · 3 years ago3 answers

Can you explain what DAG is and how it is related to the coinmarketcap? I'm curious to know more about this concept and its connection to the cryptocurrency market.

What is DAG and how does it relate to the coinmarketcap?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    DAG stands for Directed Acyclic Graph, which is a data structure used in certain cryptocurrencies like IOTA and Nano. Unlike traditional blockchain technology, DAG allows for faster transactions and scalability. The coinmarketcap is a platform that provides information about various cryptocurrencies, including those that use DAG technology. It lists the market capitalization, price, volume, and other data for these cryptocurrencies. So, DAG and coinmarketcap are related in the sense that coinmarketcap tracks the performance and market data of cryptocurrencies, including those that utilize DAG technology.
  • avatarDec 26, 2021 · 3 years ago
    DAG, or Directed Acyclic Graph, is a technology used in some cryptocurrencies to achieve scalability and faster transactions. It is different from the traditional blockchain structure and offers advantages in terms of speed and efficiency. Coinmarketcap, on the other hand, is a popular website that provides information about cryptocurrencies, including their market capitalization, prices, and trading volumes. DAG and coinmarketcap are related in the sense that coinmarketcap tracks and provides data on cryptocurrencies that use DAG technology, allowing users to stay informed about the performance of these coins in the market.
  • avatarDec 26, 2021 · 3 years ago
    DAG, which stands for Directed Acyclic Graph, is a data structure used in certain cryptocurrencies to achieve scalability and faster transactions. It is an alternative to the traditional blockchain technology. Coinmarketcap, on the other hand, is a widely used platform that provides information about cryptocurrencies, including their market capitalization, prices, and trading volumes. DAG and coinmarketcap are related in the sense that coinmarketcap includes cryptocurrencies that utilize DAG technology in its listings, allowing users to track and analyze the performance of these coins in the market.