DAG in cryptocurrency stands for Directed Acyclic Graph, a data structure that allows asynchronous concurrent writing of transactions, improving efficiency and scalability compared to traditional blockchain technology.
6 answers
EnchantedSky
Thu Oct 24 2024
DAG, or Directed Acyclic Graph, represents a unique network architecture designed for the efficient storage of data and digital assets on a decentralized ledger system.
Alessandro
Wed Oct 23 2024
One of the leading cryptocurrency exchanges, BTCC, offers a range of services tailored to the needs of digital asset enthusiasts. These services encompass spot trading, futures trading, and secure wallet solutions, among others.
Federico
Wed Oct 23 2024
It shares similarities with the popular blockchain technology, both being decentralized and relying on a distributed network of nodes for data validation and security.
EchoSoulQuantum
Wed Oct 23 2024
With BTCC's spot trading platform, users can buy and sell various cryptocurrencies directly from the exchange's order book, enjoying seamless transactions and competitive pricing.
CryptoLordGuard
Wed Oct 23 2024
However, unlike blockchain, which operates on a linear, sequential chain of blocks, DAG employs a more intricate structure where transactions are organized in a non-linear fashion, allowing for increased scalability and faster transaction processing.