What role does BlockDAG play in the evolution of cryptocurrency?
BlockDAG is a radical departure from conventional blockchain technology, fundamentally changing how transactions are processed in the cryptocurrency sphere. Unlike traditional blockchains which handle transactions in a straight line, BlockDAG allows for numerous transactions to occur at the same time. The result? An impressive transaction speed that soars up to 15,000 transactions per second (TPS). Such rapid processing capabilities are a game changer, especially for fintech applications that demand fast and scalable solutions.
But this innovation isn’t just about speed. The architecture of BlockDAG also enhances both decentralization and security, which are two major concerns institutional investors have when pondering crypto…
