DAG vs Blockchain: Is Directed Acyclic Graph Technology Better than Blockchain
A Directed Acyclic Graph(DAG) is a graph that represents a series of activities and the flow from one activity to another. The representation of activities is as circles (vertex), and the order in which the complete depiction of activities using lines(edge) with a unidirectional arrow. Having analyzed what DAGs are, let us now feature their crucial differences when matched to blockchain technologies solutions. So, various key differences are running on both technologies like Mining process, Transaction speed, Data structure, Transaction validation, Launch date, and Popular network. It also has benefits such as Speed, Easy Scalability, Absence of mining, Cost-Effectiveness, and Energy Efficiency. There are many variations of Distributed Ledger Technologies around today among all DAG and Blockchain are some of the most related. Both these technologies share some similarities, with marked differences. The confirmation of DAG has been an enhancement and the future of blockchain technology.