WHY is a preference to dag-technology, like a BYTEBALL or IOTA?

tonych

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Quote from: HybCZ on November 21, 2017, 04:08:35 AM

Can somebody explain me why is DAG better then blokchain?

DAG is more decentralized than blockchain.

In blockchains, there are block producers who are centers of power. Only they can add transactions to the ledger (by packaging them into blocks they create) while users can only create transactions but not add them.

In DAG ledgers, this power belongs to users as users both create and add transactions to the ledger. That is, the power distribution is more decentralized.

My recent article discusses this issue in more detail https://blog.obyte.org/distribution-of-power-in-dags-and-blockchains-7727ca1a2b6d

HybCZ

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Quote from: Beroximos on January 16, 2018, 07:01:37 AM

On coinidol has been published some article about DAG cryptos.

https://coinidol.com/designed-to-succeed-iota-raiblocks-and-byteball/

that's exactly what we're talking about from beginning

Beroximos

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On coinidol has been published some article about DAG cryptos.

https://coinidol.com/designed-to-succeed-iota-raiblocks-and-byteball/

HybCZ

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Quote from: Thepoint on January 09, 2018, 04:30:52 PM

Quote from: safariwave on December 21, 2017, 08:10:39 AM

I think this new technology will gain more and more traction, however consensus and some security flaws are still to be fixed, in order to give a better infrastructure than bitcoin style blockchain.

Although I definitely do not think that this technology is the most used currently as the subject clearly stands out,because there are more based on blockchains systems than dags.

For now, more currencies are based on a blockchain, but the DAG is only in the beginning and you will see that the ratio will be offset until the DAG eventually takes over the lead role.

Thepoint

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Quote from: safariwave on December 21, 2017, 08:10:39 AM

I think this new technology will gain more and more traction, however consensus and some security flaws are still to be fixed, in order to give a better infrastructure than bitcoin style blockchain.

Although I definitely do not think that this technology is the most used currently as the subject clearly stands out,because there are more based on blockchains systems than dags.

HybCZ

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Quote from: zaliass on January 09, 2018, 05:35:06 AM

What other DAG technology coins would you recommend and why?

Looks like this could be the way forward.

Heard of some issues with RailBlocks (don't quote me on this) so just wanted to know if im missing any projects which i should be investigating.

I personally did not hear about other DAG cryptocurencies. It will be better to be more interested in these two IOTA and BYTEBALL and other good horses will definitely show up in time;)

zaliass

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What other DAG technology coins would you recommend and why?

Looks like this could be the way forward.

Heard of some issues with RailBlocks (don't quote me on this) so just wanted to know if im missing any projects which i should be investigating.

Black_bl

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Quote from: HybCZ on December 22, 2017, 05:13:07 AM

how do you think the segwit2x will come off it will help BTC or vice versa it will help DAG

Segwit and all another forks will definitely help to DAG currencies....$50 a fee? That's ridiculous

HybCZ

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how do you think the segwit2x will come off it will help BTC or vice versa it will help DAG

windsee

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DAG seems to be a great idea. Its in my watch list now. IOTA has quite a big market cap now

HybCZ

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Quote from: kmxl45 on December 21, 2017, 08:08:47 AM

Quote from: HybCZ on December 21, 2017, 01:03:51 AM

Quote from: kmxl45 on December 20, 2017, 12:58:32 PM

Nice times for DAG currencies. IOTA, RailBlocks and Byteball finally makes deserved up moves last weeks. I think year 2018 will be very interesting especially for this coins.

their dueling of the first will also be interesting

.At first it seemed that IOTA would be the number one DAG coin, but what has shown Byteball lately so it may not be true at all

It is hard to guess who will be no.1 but one thing is sure, it will be very good for holders of both coins Wink

Thats true Wink

. I think all coin based on DAG starting to have a proposal above blokchain based crypto Wink

.

safariwave

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I think this new technology will gain more and more traction, however consensus and some security flaws are still to be fixed, in order to give a better infrastructure than bitcoin style blockchain.

kmxl45

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Quote from: HybCZ on December 21, 2017, 01:03:51 AM

Quote from: kmxl45 on December 20, 2017, 12:58:32 PM

Nice times for DAG currencies. IOTA, RailBlocks and Byteball finally makes deserved up moves last weeks. I think year 2018 will be very interesting especially for this coins.

their dueling of the first will also be interesting

.At first it seemed that IOTA would be the number one DAG coin, but what has shown Byteball lately so it may not be true at all

It is hard to guess who will be no.1 but one thing is sure, it will be very good for holders of both coins Wink

HybCZ

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BTC forever

Quote from: kmxl45 on December 20, 2017, 12:58:32 PM

Nice times for DAG currencies. IOTA, RailBlocks and Byteball finally makes deserved up moves last weeks. I think year 2018 will be very interesting especially for this coins.

their dueling of the first will also be interesting

.At first it seemed that IOTA would be the number one DAG coin, but what has shown Byteball lately so it may not be true at all

kmxl45

member

Activity: 112

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Nice times for DAG currencies. IOTA, RailBlocks and Byteball finally makes deserved up moves last weeks. I think year 2018 will be very interesting especially for this coins.

HybCZ

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BTC forever

Quote from: Dread on December 18, 2017, 05:00:03 AM

Quote from: HybCZ on December 18, 2017, 12:37:37 AM

Quote from: Black_bl on December 17, 2017, 07:07:28 AM

It seems that byteball has awaken....130% per day - very nice

After IOTY's success, people saw the potential of DAG currencies and started to invest in others. Whoever did not believe and did not buy again, they have only the eyes for crying.

his biying and trustless its just time of question

And what do you think buy or not buy? Both or just one?

Dread

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Quote from: HybCZ on December 18, 2017, 12:37:37 AM

Quote from: Black_bl on December 17, 2017, 07:07:28 AM

It seems that byteball has awaken....130% per day - very nice

After IOTY's success, people saw the potential of DAG currencies and started to invest in others. Whoever did not believe and did not buy again, they have only the eyes for crying.

his biying and trustless its just time of question

HybCZ

full member

Activity: 126

Merit: 100

BTC forever

Quote from: Black_bl on December 17, 2017, 07:07:28 AM

It seems that byteball has awaken....130% per day - very nice

After IOTY's success, people saw the potential of DAG currencies and started to invest in others. Whoever did not believe and did not buy again, they have only the eyes for crying.

Black_bl

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It seems that byteball has awaken....130% per day - very nice

Black_bl

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Activity: 503

Merit: 102

Quote from: paparadis on December 12, 2017, 03:45:01 PM

We have been witnesses of a nice rise of IOTA, does anyone think that is time for other DAG-based cryptos?

Of course, there are opportunities like in byteball, aidos kuneen, raiblocks (but raiblocks throughout hype)

Topic: WHY is a preference to dag-technology, like a BYTEBALL or IOTA? (Read 1524 times)