Which cryptocurrencies use DAG as their underlying technology?

3 answers

• Jan 14, 2022 · 3 years ago
  Sure! Here are some cryptocurrencies that use DAG as their underlying technology: 1. IOTA: IOTA is a cryptocurrency that uses a DAG called the Tangle. It aims to provide secure and feeless transactions for the Internet of Things (IoT) devices. 2. Nano: Nano is another cryptocurrency that utilizes a DAG structure. It offers fast and feeless transactions, making it suitable for everyday use. 3. Byteball: Byteball is a cryptocurrency that uses a DAG called the Byteball DAG. It focuses on privacy and offers features like smart contracts and decentralized applications (dApps). 4. Hedera Hashgraph: Although not a traditional DAG, Hedera Hashgraph uses a similar technology called gossip about gossip. It aims to provide fast and secure transactions for enterprise applications. Please note that this list is not exhaustive, and there may be other cryptocurrencies that also utilize DAG as their underlying technology.
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• Jan 14, 2022 · 3 years ago
  Yes, there are several cryptocurrencies that use DAG as their underlying technology. Some popular examples include IOTA, Nano, Byteball, and Hedera Hashgraph. These cryptocurrencies leverage the benefits of DAG, such as scalability, fast transactions, and low fees. DAG-based cryptocurrencies are often seen as potential alternatives to traditional blockchain-based cryptocurrencies due to their unique architecture and features.
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• Jan 14, 2022 · 3 years ago
  Absolutely! DAG-based cryptocurrencies have gained significant attention in recent years. Apart from the ones mentioned earlier, there are other notable cryptocurrencies like Fantom, Constellation, and Obyte that utilize DAG as their underlying technology. DAG offers advantages like high scalability, low transaction fees, and fast confirmation times, making it an attractive choice for certain use cases. It's important to research and understand the specific features and goals of each DAG-based cryptocurrency before investing or using them for transactions.
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