What is DAG? The best transactional CryptoCurrency
DAG stands for Directed Acyclic Graph Technology
DAG is a directed graph data structure that uses a topological ordering. The sequence can only go from earlier to later. DAG is often applied to problems related to data processing, scheduling, finding the best route in navigation, and data compression.
Due to its non-blockchain nature, the transactions run directly into the DAG networks. The whole process is much faster than those of blockchains based on PoW and PoS.
No Mining Involved
There are no miners on DAG networks. The validation of transactions goes directly to the transactions themselves. For users, this means transactions go through almost instantly.
Friendly to Small Payments
With the advancement of DAG, we’re looking at a future where high functioning and minimum transaction fee chains are possible. That means users can send micro-payments without heavy fees involved with the like of Bitcoin or Ethereum.