dido:public:ra:xapend:xapend.k_consensus:02_mechanism:dag
Differences
This shows you the differences between two versions of the page.
| Both sides previous revision Previous revision Next revision | Previous revision | ||
|
dido:public:ra:xapend:xapend.k_consensus:02_mechanism:dag [2021/08/11 11:18] murphy |
dido:public:ra:xapend:xapend.k_consensus:02_mechanism:dag [2022/07/07 13:55] (current) nick |
||
|---|---|---|---|
| Line 1: | Line 1: | ||
| - | ====== Directed Acyclical Graphs (DAG) ====== | + | ====== Directed Acyclical Graphs (DAGs) ====== |
| [[dido:public:ra:xapend:xapend.k_consensus:02_mechanism:start | Return to Consensus Mechanism ]] | [[dido:public:ra:xapend:xapend.k_consensus:02_mechanism:start | Return to Consensus Mechanism ]] | ||
| Line 17: | Line 17: | ||
| Another basic yet prime blockchain consensus model that every mobile app development services company working with Blockchain must be familiar with is Directed Acyclical Graphs (DAG). | Another basic yet prime blockchain consensus model that every mobile app development services company working with Blockchain must be familiar with is Directed Acyclical Graphs (DAG). | ||
| - | In this type of Blockchain consensus protocol, every [[dido:public:ra:xapend:xapend.a_glossary:n:node|node]] itself prepares to become the ‘miners’. Now, when miners are eradicated and transactions are validated by users themselves, the associated fee reduces to zero. It becomes easier to validate transactions between any two closest nodes, which makes the whole process lightweight, faster, and secure.[[dido:public:ra:xapend:xapend.k_consensus:09_ref:bhardwaj]] | + | In this type of Blockchain consensus [[dido:public:ra:xapend:xapend.a_glossary:p:protocol|protocol]], every [[dido:public:ra:xapend:xapend.a_glossary:n:node|node]] itself prepares to become the ‘miners’. Now, when miners are eradicated and transactions are validated by users themselves, the associated fee reduces to zero. It becomes easier to validate transactions between any two closest nodes, which makes the whole process lightweight, faster, and secure.[[dido:public:ra:xapend:xapend.k_consensus:09_ref:bhardwaj]] |
| Comben(( | Comben(( | ||
| Line 30: | Line 30: | ||
| //The DAG model has the potential to become Blockchain 3.0 after the [[dido:public:ra:xapend:xapend.a_glossary:b:bitcoin|Bitcoin]] and [[dido:public:ra:xapend:xapend.a_glossary:e:ethereum|Ethereum]] revolutions. However, the new framework is in its infancy, and there’s still a lot to discover in terms of the potential of this new technology.// | //The DAG model has the potential to become Blockchain 3.0 after the [[dido:public:ra:xapend:xapend.a_glossary:b:bitcoin|Bitcoin]] and [[dido:public:ra:xapend:xapend.a_glossary:e:ethereum|Ethereum]] revolutions. However, the new framework is in its infancy, and there’s still a lot to discover in terms of the potential of this new technology.// | ||
| - | //The DAG system enables scalability, but it has its downsides for small networks, which are more vulnerable to attacks. Until DAG systems are proven and tested, traditional blockchains will remain more popular, despite their scalability issues.// | + | //The DAG system enables [[dido:public:ra:xapend:xapend.a_glossary:s:scalable|scalability]], but it has its downsides for small networks, which are more vulnerable to attacks. Until DAG systems are proven and tested, traditional blockchains will remain more popular, despite their scalability issues.// |
dido/public/ra/xapend/xapend.k_consensus/02_mechanism/dag.1628695128.txt.gz · Last modified: 2021/08/11 11:18 by murphy
