Episode Details

This story was originally published on HackerNoon at: https://hackernoon.com/what-is-a-dag-based-cryptocurrency-and-why-it-matters.
Not every cryptocurrency runs on a blockchain. Learn what a DAG is, how it works, and why it matters for the future of crypto.
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A DAG-based cryptocurrency, like Obyte, is a decentralized network where users add their own transactions to the ledger without middlemen or gatekeepers. This design offers maximum decentralization, making it resistant to censorship and manipulation, unlike traditional blockchains.