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Banano is a feeless, instant, rich in potassium cryptocurrency powered by DAG technology disrupting the meme economy.

r/BitcoinSee Post

A solution to let the network scale

r/CryptoCurrencySee Post

[HARDCORE READ] IOTA new research paper: "Tangle 2.0 Leaderless Nakamoto Consensus on the Heaviest DAG"

r/CryptoCurrencySee Post

Question: Substrate vs Cosmos SDK

r/CryptoCurrencySee Post

Apparently some people doesn't know how to find new coins. Here's a detailed guide on how to find actual innovative projects.

r/CryptoCurrencySee Post

Crypto Buzz-Word: Sharding. What is it and what are the different ways to shard? (Disclaimer: Long Read)

r/CryptoCurrencySee Post

Blockchain Technology vs DAG technology

r/CryptoCurrencySee Post

Avalanche - Deep Dive

r/CryptoCurrencySee Post

Hey Redditors! I'm sending some VINU to every commenter, up to a total of 500B VINU (~$12,000)

r/CryptoCurrencySee Post

Hey Redditors! I'm sending some VINU to every commenter, up to a total of 500B VINU (~$12,000)

r/CryptoCurrencySee Post

Hey Redditors! I'm sending some VINU to every commenter, up to a total of 500B VINU (~$12,000)

r/CryptoCurrencySee Post

Hey Redditors! I'm sending some VINU to every commenter, up to a total of 500B VINU (~$12,000)

r/CryptoCurrencySee Post

Hey Redditors! I'm sending some VINU to every commenter, up to a total of 500B VINU (~$12,000)

r/CryptoCurrencySee Post

What is your level of knowledge? I made different levels so you can know it

r/CryptoMoonShotsSee Post

$ZNN Zenon - Network of Momentum - 8M Max supply, 30M Mcap

r/CryptoMoonShotsSee Post

$ZNN Zenon - Network of Momentum - 8M Max supply, 30M Mcap

r/CryptoMoonShotsSee Post

$ZNN Zenon - Network of Momentum - 8.02M Max supply, 30M Mcap

r/CryptoCurrencySee Post

$ZNN Zenon - Network of Momentum - 8.02M Max supply, 30M Mcap

r/CryptoCurrencySee Post

Performance analysis and comparison of PoW, PoS and DAG based blockchains

r/CryptoMarketsSee Post

When a big whale is convincing other big boys why Cardano is a must-have: A Controversial Factsheet.

r/CryptoCurrencySee Post

Aleph Zero | New Layer 1 game changer? | Breakdown analysis | Long DD

r/CryptoCurrencySee Post

Fantom: the ghost of a great project?

r/CryptoCurrencySee Post

What would happen to cryptocurrency if a country disconnected themselves from the rest of the internet

r/CryptoMoonShotsSee Post

Persepolis Digital(Persepolis): Building a better internet x100

r/CryptoCurrencySee Post

Do you guys notice certain projects gets shilled hard on certain platforms?

r/CryptoCurrencySee Post

Zenon Network new wallet s y r i u s 0.0.3 includes an embedded full node that allows anyone to join the network without relying on third parties, ensuring that non-tech users enjoy the same level of security and privacy as more technical users.

r/CryptoCurrencySee Post

Fantom (FTM) is sweating like a gypsy with a mortgage as it's hit with massive congestion

r/CryptoMarketsSee Post

Directed Acyclic Graph (DAG) Consensus: What is It, Why Does It Matter, and What Can It Do for Blockchain?

r/CryptoCurrencySee Post

This dude made an alternative Reddit on a blockchain. Crazy

r/CryptoCurrencySee Post

Avalanche - Is C-chain linear chain or DAG based?

r/CryptoCurrencySee Post

$AVAX | Breakdown Analysis | Long DD

r/CryptoCurrencySee Post

Daily Millenial YouTube Channel is criminally underrated.

r/CryptoCurrencySee Post

How Cardano is actually going to scale in 2022

r/CryptoCurrencySee Post

Blockchain Trilemma officially solved by 7 PhD’s, 30+ member team

r/CryptoMoonShotsSee Post

Zenon Network of Momentum - the fast and feeless decentralized layer1 network with unique dual-coin & hybrid PoS/PoW 👽

r/CryptoCurrencySee Post

Recently moved some hash power towards this projects, and interested in the subs thoughts on ALPH

r/CryptoCurrencySee Post

Realm will be on Constellation (DAG) Hypergraph Hour to make an announcement

r/CryptoCurrencySee Post

Honest opinion about CoinWeb

r/CryptoMoonShotsSee Post

🔥 Vita Inu Coin ($VINU) 🔥 || World's first fast and feeless dog coin || Low cap coin on undervalued Vite blockchain || Listed on 3 exchanges + Simplex integration || Upcoming BSC bridge || Hidden gem with huge potential to moon! 🔥

r/CryptoCurrencySee Post

The United States of America is buying DAG and building on the Constellation Network

r/CryptoCurrencySee Post

How Can L1 platforms that have fees be able to compete in a feeless paradigm?

r/CryptoCurrencySee Post

Crypto SHAKE OUT

r/CryptoCurrencySee Post

IOTA - A Deep Dive

r/CryptoCurrencySee Post

Distributed Ledger Technology Discussion: is block chain really the future?

r/CryptoMoonShotsSee Post

💎 Plebbit - $PLEB 🚀 Adminless, Serverless, Decentralized Reddit Alternative | Liquidity Mining | NFT Airdrops | MVP Platform Released in June ✅ 70K MCAP with 1000x POTENTIAL🚀 Based Dev 🚀 1 Trillion Tokens Fully Airdropped!

r/CryptoCurrencySee Post

About Virgo

r/CryptoCurrencySee Post

Fantom - still largely unknown but with insane potential

r/CryptoCurrencySee Post

NANO transactions are not as free as you think

r/CryptoCurrencySee Post

The Banano Ecosystem Explained. Compare your meme coin to this one !

r/CryptoCurrencySee Post

From a small business owner accepting crypto

r/CryptoCurrencySee Post

Analysis of cryptocurrencies that support scientific research

r/CryptoCurrencySee Post

Opinion: DAGs (Directed Acyclic Graphs) are the future, not Blockchains

r/CryptoCurrencySee Post

How are people not talking about QNT?

r/CryptoMoonShotsSee Post

Plebbit.eth PLEB | A serverless, adminless, decentralized Reddit alternative. 100% of supply being airdropped in 4 days

r/CryptoCurrencySee Post

IOTA - Current Developments - Staking - NFTs and Smart Contracts

r/CryptoCurrencySee Post

7 coins that can TRIPLE your money in 2022 according to NASDAQ

r/CryptoCurrencySee Post

IOTA - Current Developments - Staking - NFTs and Smart Contracts

r/CryptoCurrencySee Post

An opinion on IOTA and IOTA 2.0

r/CryptoCurrencySee Post

Cointest Updates: General Concepts winners, bounty prizes, topic-threads ending soon, recruiting new mods.

r/CryptoCurrencySee Post

If crypto were a movie actor/ character, what or who is your coin? What group/team is your portfolio?

r/CryptoCurrencySee Post

Ananos: Meme DAG cryptocurrency

r/CryptoCurrencySee Post

For the newbies: List of common abbreviations and slang used in crypto trading and investing circles

r/CryptoCurrencySee Post

What are the most promising projects to invest in this year? 💶

r/CryptoCurrencySee Post

What is Banano ($BAN) ? A very small presentation !

r/CryptoCurrencySee Post

Vite [VITE]

r/CryptoMoonShotsSee Post

Vita Inu - The World's First Fast, Fee-less (and cheeky) Dog Coin

r/CryptoCurrencySee Post

IOTAs new Assembly network is the missing piece for Metaverse and Web3

r/CryptoCurrencySee Post

r/CC Cointest - New General Concepts round - December 2021 — Share knowledge and earn moons if you win!

r/CryptoCurrencySee Post

r\/CC Cointest - New General Concepts round - December 2021 — Share knowledge and earn moons if you win!

r/CryptoCurrencySee Post

Fantom & why i believe in this project!

r/SatoshiStreetBetsSee Post

a L1 network with smart contracts which has less then 50 million marketcap

r/CryptoCurrencySee Post

Anyone that bought certain alts back in 2017 and held are still down 90% or more during this bullrun. It's a good idea to choose your alts wisely if you plan to hold for years

r/CryptoCurrencySee Post

Anyone that bought certain alts back in 2017 and held are still down 90% or more during this bullrun. It's a good idea to choose your alts wisely if you plan to hold for years

r/CryptoCurrencySee Post

Another Crypto Tinder Scam

r/CryptoCurrencySee Post

What happened to Nano as of late?

r/CryptoMarketsSee Post

Coti DeFi (real business)

r/CryptoCurrencySee Post

Zenon Network, a highly scalable low fee platform using DAG (IOTA) with block lattice (NANO) dual coin architecture, is releasing a new wallet called S y r i u s. A state of the art wallet on which anyone can easily store, stake, or manage their ZNN, QSR, and ZTS tokens.

r/SatoshiStreetBetsSee Post

$COTI next moon mission?

r/SatoshiStreetBetsSee Post

My moonshot pick: Obyte

r/CryptoCurrencySee Post

The Bull Case for Imminent ETC Mooning

Mentions

The Constellation $DAG ecosystem of Generative Economics. In large part due to its level the playing field of machine driven advantages that institutions have benefitted from for far too long.. https://twitter.com/stanleybb50/status/1541489844639211522?t=qNpjiVj6XsPnauI0GI0hWQ&s=19

Mentions:#DAG

#Nano Pro-Arguments Below is an argument written by Shippior which won 2nd place in the Nano Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > Nano, which has recently adjusted its ticker to XNO is a DAG based, fee-less blockchain. > > Some fun facts that do not have to do anything with being a pro-argument: > > * Nano has been 100% distributed using faucets. Some follow-up facts about the faucet can be found in this [post](https://www.reddit.com/r/nanocurrency/comments/h7fmge/the_nano_faucet_distribution_visualized_and/) > * Nano used to be called Raiblocks. [Rai stones](https://en.wikipedia.org/wiki/Rai_stones) were very large boulders used by the Yap inhabitants in Micronesia as a currency. The stones could not be physically moved but they changed ownership in exchange for goods. By mutual agreement the ownership of a stone was decided. > * The distribution of nano was supposedly 400 million. However after distributing 133 million the faucet failed and this amount was now the market cap. The [logo of nano](https://upload.wikimedia.org/wikipedia/commons/1/18/Nano_logo.png) reminds of this market cap as it consists of 1 dot, 3 dots, 3 dots. > > The big advantage of Nano is that it is fee-less. Every transaction on the blockchain is transferred for 0 XNO. Therefore the crypto is ideal for micro-payments, whereas for many blockchain these kind of transactions are very costly due to the transaction fee that is required for sending these amounts is greater than the micro payment. Therefore it is the ideal candidate for use for in-game purchases, paying for ad removal online or simply paying back that round of beers your friend got at the bar. > > Inherent at having zero fees is the issue that the people that secure the network do not get a financial incentive as there are no mining or staking rewards for validators. The idea for Nano is that running a node in the long term will save a validator costs instead of earning rewards. As the transactions are free the only cost for receiving transactions is running a validator node. With enough scale the saved costs of not having to pay VISA will outnumber the costs of running a node. > > With V23.0 having been released lately the Nano Development Foundation (which did receive any portion at the fair launch of XNO, contrary to many projects where the team receives up to 50% of all coins) has been focusing on both V24.0 which will provide a permanent solution for the spam attacks that the network endured early 2021 but also start a marketing campaign for the adoption of Nano. The team said that they will only start to market the product once they think it is (close to) finished. > > This marketing campaign has already provided several interesting results. First of all it has been adopted by 2miners. 2miners allows their participants to pay-out their mining rewards from mining ETH in nano, thereby by-passing the high ETH gas fees. > > Nex to that they have anounced a partnership with [FlowHub](https://twitter.com/nano/status/1460650892194160650). FlowHub is said to look into using Nano within their supply chains to save on expenditures. Also Kappture, which provides point of sale devices, has proofed to be interested in [nano](https://twitter.com/Kappture1/status/1473969560294416386). The in-game micropayments that I have mentioned before in this post are also currently investigated by [Poki](https://twitter.com/nano/status/1409509248971726860) a platform used by 30 million users. > > So all in all it seems like nano is finally being used for what it was meant to be and many more people are seeing it's strenghts. Now all nano needs is a Coinbase listing... ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4yi9/coin_inquiries_round_nano_proarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Nano) to find arguments on this topic in other rounds.

Mentions:#XNO#DAG#ETH

* Relevant Cointest topics: [DAG](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_dag), [IOTA](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_iota). * Relevant subreddits: r/NanoCurrency, r/IOTA, r/Obyte. * Sort comments as controversial first by [clicking here](/r/CryptoCurrency/comments/vmihfp/taking_the_plunge_ledger_nano_x_or_ledger_nano_s/?sort=controversial). Doesn't work on mobile.

Mentions:#DAG

Constellation DAG Interoperable with any data from any source Feeless network Can scale without limits

Mentions:#DAG

Nano was cool when it first came out with the DAG tech. Not much to write home about now. Other coins serve as better currency. Instant payments just arent as important as Nano makes it out to be and the dying community makes it worse

Mentions:#DAG

>are they actually better than the alternatives? yes, because there is no alternative to the first one at all and for the other one it's nearly impossible to make things interoperable like that and I've actually never in my carreer, seen someone do it without a DAG so there are arent really alternatives to compare it to and it would take years to even create and woul likely be worse. ​ >Do they outweigh the downsides? Considering there's no alternative, they obviously do outweigh the downside of transactions taking up to 5 seconds ​ >Have they been mass adopted? yes. As a dev there's a ton of resources and libraries out there now dedicated to helping connect it with a front end and bring it to users in ways where they sometimes dont even know crypto is being used in the background. There's even decent adoption of crypto wallets which allows us to make use of.

Mentions:#DAG

Well these are true. Fast - near instant transactions completed due to DAG tech (and code stays up to date since compatible with NANO dev updates) Feeless - there are no fees. Fun - It’s mostly used to tip people for funny memes. This July is literally “swole torchic month” in the discord with a bunch of events to earn free BAN lol

Mentions:#DAG#BAN

#DAG Con-Arguments Below is an argument written by DaddySkates which won 3rd place in the DAG Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > Directed Acyclic Graph or in short DAG is an alternative to its far more widely recognized Blockchain brother. To put it simply and very brutally honest, it's the next level of Blockchain. > Directed Acyclic Graph is a type of an alternative data structure which is widely used in various industries from science to medical and tech to recognize and observe the relationship between designated variables and how these variables rely or impact each others. > > While the DAG may be extremely fast it still requires PoW in order to prevent spam attacks like NANO suffered in the past. That PoW however can still be used to attack due to the absurdly low fees. In a way its a double edged sword > > DAG may be widely used in medical and other fields however as a cryptocurrency application, it's still a very fresh idea and while blockchain is very developed especially in terms of security, DAG is not so very much. Its still a new tech in our field and as such it hasn't been tested in the bigger applications yet which makes it prone to attackers who seek out not so developed projects with security holes. > > So far we know of only 3 cryptocurrencies that actively use DAG and none of those are performing well at the moment. > > > DAG is a pretty new player on the block and while the advantage over blockchain is there in theory, its yet to show itself in practice. ***** Would you like to learn more? [Click here](/r/CryptoCurrency/comments/pfon33/rcc_cointest_general_concepts_dag_conarguments/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_DAG) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/v2re03/monthly_optimists_discussion_june_2022/).

Mentions:#DAG

#DAG Pro-Arguments Below is an argument written by mic_droo which won 1st place in the DAG Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > A DAG, or Directed Acrylic Graph, is a different type of a [distributed ledger](https://en.wikipedia.org/wiki/Distributed_ledger#Types) than blockchains. DAGs have a few big advantages over blockchains: > > * [**They are fast**](https://techbriefly.com/2021/06/06/what-is-dag-technology-advantages-and-disadvantages-over-blockchain). Like, very fast, with almost instant transactions > * **There is no mining**. This has, at least, [two advantages](https://imiblockchain.com/dag-vs-blockchain/): firstly, coins built on DAGs are extremely **cost-effective** and transactions are (basically) free - think IOTA or NANO. Secondly, that makes them **energy efficient** - and therefore climate friendly, which is a huge advantage over blockchain in general, but specifically PoW. > * DAGs are well-suited for [**high volumes of transactions**](https://maxthake.medium.com/blockchain-vs-dag-technology-1a406e6c6242) and are less likely to get congested > * Due to their (almost) feeless structure, they are well-suited for [**micro-transactions**](https://alephzero.org/blog/dag-vs-blockchain-they-are-not-as-different-as-you-think/). > * Summing up the above points, considering they're fast, feeless and well-suited for small transactions, DAGs solve the famous [**Bitcoin snack machine**](https://satoshi.nakamotoinstitute.org/posts/bitcointalk/threads/114/) problem. While most blockchain-based coins wouldn't really work as payment for a snack in a snack machine, coins based on DAGs seem very well suited. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/r6r452/general_concepts_round_dag_proarguments_december/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_DAG) to find arguments on this topic in other rounds.

Mentions:#DAG

DAG {{pros}} & {{cons}} and related info are in the collapsed comments below. Pros and cons will change for every new post.

Mentions:#DAG

The difference between PoS, POW, and DAG solutions is again efficiency, why have to deal with exponentially increasing operating costs if there is already technology out there that supports a more efficient framework. I appreciate the effort, but PoS whales isn’t even an issue. Stakers deserve the profit they get because it’s instead of lending to a person you are lending to the chains overall stability. The yield is the same for everyone, unlike banks IRL. They can lend to people for more percent profit than people can make lending to them simply because they have more money, so how is PoS anything less than an improvement on that system.

Mentions:#DAG

I have looked at Solana but not very happy with how it has been going down recently. The devs keep shutting off the network. Ideally there would be a DAG crypto that can run smart contracts but nothing has any integration into game engines yet. I’m planning to make 3 games. Infinite Runner, Battle System, and finally an MMO. All in a 2D pixel style. My project is called the TrashPandazClub.

Mentions:#DAG#MMO

Fantom has the potential to disrupt the market with DAG!

Mentions:#DAG

Although there are coins which also use DAG (Directed Acyclic Graph) such as IOTA, and instead of a “ledger” use triangulation to confirm transactions.

Mentions:#DAG

Well, technically 'crypto' isn't the technology. The technology is blockchain or DAG and it uses cryptography for security. The term 'crypto' refers to various cryptocurrencies, most of which are ponzis.

Mentions:#DAG

* Relevant Cointest topics: [DAG](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_dag), [IOTA](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_iota). * Relevant subreddits: r/NanoCurrency, r/IOTA, r/Obyte. * Sort comments as controversial first by [clicking here](/r/CryptoCurrency/comments/vfrz35/need_to_know_basic_knowledge_about_ledger_nano/?sort=controversial). Doesn't work on mobile.

Mentions:#DAG

I will go with NEAR or Harmony, ETH development too slow and as Vitalic said finality will never be on sub 2s range for ETH. DAG Chains like AVAX & FTM seem to raise gas fees alot if network is used. Not sure about HBAR, might be a dark horse. NEAR has the better funding and argue able one of the best Teams out there and fully functional sharding System, problem only shard 3 is EVM (Aurora) compatible. Harmony did behind SOL; BNB 3rd most Tx per day, not just normal transactions expensive Tx from Defikingdoms with NFT and locked Tokenomics shit. So if they manage to spread out games to shard1, gamified defi to shard2 and so on.. They have one of the lowest fees in business (shard 0 30gwei, all other 1 gwei) and are in the 2s finality range. The general approach giving shards a purpose or in case of COSMOS chains a purpose is the right approach, with lot's of Tx the blockchains also grows a lot, which is a problem. In case of a gaming shard u can delete this startQuest, finishQuest after some time and archive it extern and therefor stop the chain to bloat. So for real world adoption fees, finality, privacy (like SECRET, so u can prove you didn't do something shady, in case of law enforcement) and keep the chain slim matters. Whoever solves this problems best will flip ETH and BTC.

tldr; The current DAG size for ERGO is 2.080GB and it should stay under 3GB until 2023. Autolykos is the current proof of work algorithm that ERGO uses. With the price of GPUs being so high and Eth 2.0 coming out, it is not worth investing a large amount of money into hardware. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

Mentions:#DAG#DYOR

* Relevant Cointest topics: [DAG](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_dag), [IOTA](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_iota). * Relevant subreddits: r/NanoCurrency, r/IOTA, r/Obyte. * Sort comments as controversial first by [clicking here](/r/CryptoCurrency/comments/verxm8/i_propose_a_return_to_a_nano_shill_subreddit/?sort=controversial). Doesn't work on mobile.

Mentions:#DAG

Actually, my understanding is that Fantom essentially lifted parts (thought not all) of Hedera's consensus algorithm, by merging into their Lachesis repository foundational commits from Mosaic Network's Babel, which openly admits in their github readme to using the (at the time) patented Hashgraph algorithm. Some of your claims seem to be off as well. Hedera has USD-pegged fixed fees, with basic transactions costing just $0.0001. It's also been tested at scale, at extremes of upwards of 500K TPS, and also with the ability to reach uncapped TPS via sharding functionality. Hedera is a self-described 3rd generation platform (i.e. after Bitcoin and Ethereum), so I think it's comparatively pretty new (and uses the same DAG architecture as Aleph Zero, which you mentioned in a seperate comment, while tmk also being more definitively aBFT in comparison and with a governance model in the vein of VISA's that's more appealing to enterprise development).

Mentions:#DAG

Constellation Network $DAG, $LTX and $QNT

Mentions:#DAG#LTX#QNT

If you want to hear news about crypto tech instead of crypto charts, sub to your favourite coin's subreddit. Bitcoin and Eth are both doing solid, steady work and have been for years, those things often don't have a direct relationship to price. As are many other coins. In terms of coins I personally find interesting imo, there's the DAG-based coins (blockchain isn't the only DLT in town!), Radix which has an interesting proposal for a way to solve some L1 scaling issues, and then some science-based cryptos (Gridcoin etc) which are more interesting from a society/philosophy perspective than a tech perspective.

Mentions:#DAG#DLT

Because on a technical level it's the only non-DAG distributed ledger that can shift its throughput to the network stack.

Mentions:#DAG

Gonna buy all the $DAG I can

Mentions:#DAG

DAG will probably lead the way for this because it is Interoperable with any existing system has not limits to scalibility and it's a Fee-Less network

Mentions:#DAG

DAG because its Tokenized data/bandwidth that is built of big data and is Interoperable with everything and the Federal Government is already buying & building on HGTP network

Mentions:#DAG

Politics was just to illustrate fear of change being harmful. The thing is, I think it’s blockchain technology that’s the thing we crypto-lovers are trying to promote, not necessarily Bitcoin. PoW is just one method of doing the math (so to speak). PoS and DAG and probably others I don’t know of are out there, and SO many people barely take a look because they seem afraid to let Bitcoin’s platform be challenged.

Mentions:#DAG

I like IOTA but I have issues with the leadership and other more team oriented things. Other thing is how it does compare to other competitors like DAG (Constellation). They seem very similar on what they are attempting to do. Any explanation here would be great. IOTA is certainly a project worth following.

Mentions:#DAG

IOTA will soon release the [Stardust update](https://blog.shimmer.network/stardust-upgrade-in-a-nutshell/) (first on the Shimmer testnetwork) which will enable feeless tokens to be created on the network without the need for bridges to transfer between those new tokens. They're also currently implementing the new [Leaderless Nakamoto Consensus](https://twitter.com/DomSchiener/status/1522132967442763777) on the DAG, of which it's lead developer Hans Moog claims it will be the most fast and efficient casually ordered consensus you can possibly create. And all that while still delivering on the original vision of a feeless protocol. In my opinion the best selling point of IOTA is that every token holder will soon become a "Crypto Service Provider", as each IOTA token will represent a fraction of the bandwith of the IOTA token.

Mentions:#DAG

>POS has failed as much as capitalism. Its failure is not yet apparent, but we will see it in the coming years. PoS lacks several fundamental attributes that PoW has. For example PoS is not truly trustless or permissionless. Its incentive models also drive it towards increasing instability. >DAGs work fine. Please, show me a DAG based system that works reliably without centralized coordination. I'm still waiting for the IOTA coordicide to happen, while watching nano get repeatedly brought to its knees by amateur attacks...

Mentions:#POS#DAG

#IOTA Pro-Arguments Below is an argument written by FrogsDoBeCool which won 2nd place in the IOTA Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > IOTA: Intelligent Outline of a technical achievement > > > IOTA, also known as the internet of things is a magnificent cryptocurrency that blurs the lines of what the definition of the Blockchain is. > > IOTA has the [tangle ](https://youtu.be/CZxH1V_zoug) which was made in retaliation of the scalability issue that Bitcoin has, the tangle is a [DAG](https://perfectial.com/blog/dag-vs-blockchain/#:~:text=Using%20DAG%20(which%20IOTA%20calls,they're%20not%20conflicting).), or a directed Acyclic Graph. A Blockchain will have a single directed movement in a chain while the tangle has multiple. Basically, graphically, the tangle will verify 2 transactions using a previous transaction, meaning that the tangle will run faster as more people use it. A Blockchain, mainly Bitcoin, will not do this and infact will be slower. > > IOTA has been moving forward to solve the cryptocurrency tertiary problem, which is the fact every cryptocurrency can have 1 or 2 of these things but not all 3: Scalability, Decentralization, and security. There are many other cryptocurrencies that try to solve these, but IOTA has been established as one of the oldest and best cryptocurrencies that do so. IOTA is secure, and scalable. While IOTA has been hacked before [bump](https://blog.iota.org/trinity-attack-incident-part-1-summary-and-next-steps-8c7ccc4d81e8/amp/) > The fact is overall IOTA has been secure throughout the years. IOTA is also, obviously scalable, since it's its whole thing. Although the DAG is currently centralized the IOTA team expects to decentralize the DAG! > > Because of how scalable iota is, gas/miner fees are $0. If you think about it, many cryptocurrencies cannot have $0 transaction fees because people could take down the network by spamming transactions, but in theory the tangle would get faster during these attacks. In practice, probably not, but in theory! > > > > IOTA has survived a bear market, 95% of cryptocurrencies cannot say that. That's something to brag about, even so, price isn't exactly too important, the development team is active and on their YouTube channel has uploaded [about a day ago](https://youtu.be/bUWLGLFduOU) ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4ya3/coin_inquiries_round_iota_proarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_IOTA) to find arguments on this topic in other rounds.

Mentions:#DAG

* Relevant Cointest topics: [Nano](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_nano), [DAG](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_dag). * Official and related subreddits: r/IOTA, r/NanoCurrency, r/obyte. * Sort comments as controversial first by [clicking here](/r/CryptoCurrency/comments/v6puc9/project_alvarium_tracks_carbon_footprint_on_the/?sort=controversial). Doesn't work on mobile.

Mentions:#DAG

>POS networks innovate further, and use less energy. Except that POS is a failed model in terms of both security and economics. >DAG blockchains seem to be even more efficient and innovative. They seem intresting in theory, but have a serious flaw. DAG based systems cannot maintain a global state without centralized coordination. This is a problem that has no workable solution using our current knowledge.

Mentions:#POS#DAG

Ethereum has smart contracts too. More innovation. POS networks innovate further, and use less energy. DAG blockchains seem to be even more efficient and innovative. Efficiency, sustainability, and lower energy consumption is innovation too. It is potential disruption too. Bitcoin has the inertia, and ossification more than innovation. In fact, the BTC energy consumption is a result of ossification, not of innovation.

Mentions:#POS#DAG#BTC

* Relevant Cointest topics: [DAG](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_dag), [IOTA](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_iota). * Relevant subreddits: r/NanoCurrency, r/IOTA, r/Obyte. * Sort comments as controversial first by [clicking here](/r/CryptoMarkets/comments/v4uy4n/have_you_tried_nano/?sort=controversial). Doesn't work on mobile.

Mentions:#DAG

* Relevant Cointest topics: [DAG](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_dag), [IOTA](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_iota). * Relevant subreddits: r/NanoCurrency, r/IOTA, r/Obyte. * Sort comments as controversial first by [clicking here](/r/CryptoCurrency/comments/v418nf/meet_the_new_ledger_nano_s_plus_hardware_wallet/?sort=controversial). Doesn't work on mobile.

Mentions:#DAG

Can someone explain 2 things to me from Algo: 1) how are there *that* many transactions happening on their network? That blows away any other crypto currencies actual TPS. Where is the usage coming from? Or does that include artificial “transactions” like nodes updating and sending trivial data to each other. 2) how is the Algo blockchain able to sustain that type of throughput? From what I’ve researched, their requirements for nodes are very minimal. What type of scaling has Algo achieved that other payment cryptos have not yet? I’ve thought that DAG based blockchains were the future in scalability, but we’ve seen some issues with those along the way. Thanks for anyones time to answer these questions

Mentions:#DAG

While I am quite a fan of DAG as a technology, DAG blockchains themselves had a big hype in 2017 and most never even reached their 2017 ATH and I reckon most won't ever (e.g., IOTA). They have amazing utility, but because of that they will end like XLM, used often and with a clear purpose but never held as an investment.

Mentions:#DAG#XLM

Decentralized? Some sort of DAG like Nano? Idk, would depend on the technical details, but everything else aside network effect is a lot to overcome unless something is like, a lot better for some reason.

Mentions:#DAG

To me, Vechain is NEO is ADA is Matic is Algo is LRC is ONE is DAG is XNO is STAKE is AVAX is EOS is NEM. Never gonna do much if not dead already.

r/BitcoinSee Comment

Thank you for the source. I misunderstood how the lightning network works and I have to acknowledge the fact, as you stated the lightning network can theoretically scale to 1,000,000 transactions per second. With the limitation that it can only commit 3-7 opening or closing channels per second. \[[1](https://blog.tezro.com/cryptocurrency-transaction-speeds/)\] What I wanted to say in my last remark is that I have reworded a sentence from Satoshi Nakamoto \[[2](https://nakamotoinstitute.org/bitcoin/#proof-of-work)\]. If a majority of mining power is controlled by honest nodes that link disjunct blocks with each other, the honest DAG will grow the fastest and outpace any competing DAGs. Growth not only meaning in length but overall size. If the majority does not link disjunct blocks with each other and are honest, the same principles as in bitcoin apply. Using "Game theory suggestions" the whole mining network has no incentive to play nice? That is correct but it would take an insurmountable amount of energy and mining power to undermine the security of the, until now, secure blockchain. \[[3](https://nakamotoinstitute.org/bitcoin/#abstract)\] \[1\] [https://blog.tezro.com/cryptocurrency-transaction-speeds/](https://blog.tezro.com/cryptocurrency-transaction-speeds/) \[2\] [https://nakamotoinstitute.org/bitcoin/#proof-of-work](https://nakamotoinstitute.org/bitcoin/#proof-of-work) \[3\] [https://nakamotoinstitute.org/bitcoin/#abstract](https://nakamotoinstitute.org/bitcoin/#abstract) (51% attack)

Mentions:#DAG

It will NEVER be possible. For a digital currency to truly replace fiat it needs to ditch blockchain tech and adopt some other distributed ledger tech. Perhaps something similar to DAG instead of blockchain. Blockchain is inherently terrible for a currency. As an immutable append-only database, as the economy grows it literally gets more difficult to use. And being immutable if someone is scammed or looses their money to a wrong address and you need to reverse a transaction you can’t. It’s just completely nuts people think btc or any blockchain-based tech will replace fiat.

Mentions:#DAG

Hedera Hashgraph is a DAG (Directed Acyclic Graph) which is a form of DLT (Distributed Ledger Technology). A DAG is an alternative form of DLT to Blockchain. HBAR is the name of the native cryptocurrency used on Hedera Hashgraph. Its main use and purpose is as a utility token, to be the fuel required for transactions on the Hedera network, but is tradeable on the open cryptocurrency market as well. Hedera leverages the hashgraph consensus algorithm along with a decentralized, global, governing council, to solve the “blockchain quadrilemma” of scalability, security, decentralization, and environmental sustainability. Security: Hedera achieves the highest standard of security mathematically possible – aBFT (asynchronous byzantine fault tolerance). This is the theoretical ceiling for a network’s security, and Hedera achieves it through the hashgraph algorithm. Scalability: Currently, the network is throttled to a limit of 10,000 transactions per second (tps) on a single shard, but has been shown to achieve much higher speeds on its testnet (upwards of 250,000 tps). Once sharding is enabled the TPS and therefore scalability of the Hedera network will effectively be limitless. Decentralization: One aspect that other networks do not address is the issue of governance. Without proper governance, consolidation occurs, as can be seen with Bitcoin and Ethereum, which have both seen alarming levels of miner consolidation. By having an international, inter-industry, term-limited, council of reputable, accountable, organizations, the issue of governance is solved, and not in the hands of a small group of developers. In addition, Hedera seeks to achieve true, stable decentralization by gradually transitioning from a permissioned to a permissionless network. Along with this, the full supply of HBAR is scheduled to release over a 15 year period to provide a wide distribution of HBAR in order to avoid consolidation, which would compromise the security of the network. Sustainability: Per transaction, Hedera Hashgraph consumes 0.00017 kWh of energy, making it far greener than Bitcoin (885.179064 kwh per transaction), Ethereum (102.968151 kwh per transaction), and even Visa (0.001486 kwh per transaction). Source: https://ptvolts.com/sites/default/files/documents/sustainable-blockchain-power-transition.pdf

Mentions:#DAG#DLT#HBAR

You mean the 2016-2017 run? * Antshares (Which became NEO) * Bitconnect (Yes, there were a bunch of Youtubers that loved that Ponzi before it exploded) * XTRABYTES (I can't even think of this one without laughing) * ARK (Wasn't really a bad project... Just became forgotten and sorta faded) * IOTA (The "DAG" boys went hard back then) * TenX (Was one of the first early Crypto Cards that let you get a Visa and spend your crypto)

Mentions:#NEO#ARK#DAG

Using that reasoning, then banano is a better crypto since it isn't spam/ddos attacks. But it has the exact same DAG blockchain technology.

Mentions:#DAG

#Nano Pro-Arguments Below is an argument written by Shippior which won 2nd place in the Nano Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > Nano, which has recently adjusted its ticker to XNO is a DAG based, fee-less blockchain. > > Some fun facts that do not have to do anything with being a pro-argument: > > * Nano has been 100% distributed using faucets. Some follow-up facts about the faucet can be found in this [post](https://www.reddit.com/r/nanocurrency/comments/h7fmge/the_nano_faucet_distribution_visualized_and/) > * Nano used to be called Raiblocks. [Rai stones](https://en.wikipedia.org/wiki/Rai_stones) were very large boulders used by the Yap inhabitants in Micronesia as a currency. The stones could not be physically moved but they changed ownership in exchange for goods. By mutual agreement the ownership of a stone was decided. > * The distribution of nano was supposedly 400 million. However after distributing 133 million the faucet failed and this amount was now the market cap. The [logo of nano](https://upload.wikimedia.org/wikipedia/commons/1/18/Nano_logo.png) reminds of this market cap as it consists of 1 dot, 3 dots, 3 dots. > > The big advantage of Nano is that it is fee-less. Every transaction on the blockchain is transferred for 0 XNO. Therefore the crypto is ideal for micro-payments, whereas for many blockchain these kind of transactions are very costly due to the transaction fee that is required for sending these amounts is greater than the micro payment. Therefore it is the ideal candidate for use for in-game purchases, paying for ad removal online or simply paying back that round of beers your friend got at the bar. > > Inherent at having zero fees is the issue that the people that secure the network do not get a financial incentive as there are no mining or staking rewards for validators. The idea for Nano is that running a node in the long term will save a validator costs instead of earning rewards. As the transactions are free the only cost for receiving transactions is running a validator node. With enough scale the saved costs of not having to pay VISA will outnumber the costs of running a node. > > With V23.0 having been released lately the Nano Development Foundation (which did receive any portion at the fair launch of XNO, contrary to many projects where the team receives up to 50% of all coins) has been focusing on both V24.0 which will provide a permanent solution for the spam attacks that the network endured early 2021 but also start a marketing campaign for the adoption of Nano. The team said that they will only start to market the product once they think it is (close to) finished. > > This marketing campaign has already provided several interesting results. First of all it has been adopted by 2miners. 2miners allows their participants to pay-out their mining rewards from mining ETH in nano, thereby by-passing the high ETH gas fees. > > Nex to that they have anounced a partnership with [FlowHub](https://twitter.com/nano/status/1460650892194160650). FlowHub is said to look into using Nano within their supply chains to save on expenditures. Also Kappture, which provides point of sale devices, has proofed to be interested in [nano](https://twitter.com/Kappture1/status/1473969560294416386). The in-game micropayments that I have mentioned before in this post are also currently investigated by [Poki](https://twitter.com/nano/status/1409509248971726860) a platform used by 30 million users. > > So all in all it seems like nano is finally being used for what it was meant to be and many more people are seeing it's strenghts. Now all nano needs is a Coinbase listing... ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4yi9/coin_inquiries_round_nano_proarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Nano) to find arguments on this topic in other rounds.

Mentions:#XNO#DAG#ETH

* Relevant Cointest topics: [DAG](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_dag), [IOTA](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_iota). * Relevant subreddits: r/NanoCurrency, r/IOTA, r/Obyte. * Sort comments as controversial first by [clicking here](/r/CryptoCurrency/comments/uxxjl8/hard_truths_the_fact_that/?sort=controversial). Doesn't work on mobile.

Mentions:#DAG

Which can be achieved with less power using PoS or a DAG, I understand PoW plenty

Mentions:#DAG

https://docs.nano.org/protocol-design/orv-consensus/# This is the consensus they use. You can start from there. Again, it's a DAG, not a Blockchain, so there are no blocks.

Mentions:#DAG

* Relevant Cointest topics: [DAG](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_dag), [IOTA](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_iota). * Relevant subreddits: r/NanoCurrency, r/IOTA, r/Obyte. * Sort comments as controversial first by [clicking here](/r/CryptoCurrency/comments/uwkjq0/nano_foundation_have_released_the_first_in_a/?sort=controversial). Doesn't work on mobile.

Mentions:#DAG

Buy Bitcoin, Monero and IOTA. DAG is the future for real world use cases to be built using distributed ledger tech.

Mentions:#DAG

>It's very easy to tell you don't understand the tech and focus on fallible semantics Don't make personal attacks dude, it weakens your argument. ​ >when you try to differentiate between a DDOS and spam attack. A DDOS is a type of spam attack. I **do** differentiate between a DDOS and a spam attack. A DDOS attack attempts to disable the attacked node. A spam attack may disable nodes through intensity of attack, but is explicitly something that adds blocks to the blockchain (or block lattice in this case). This current attack does not. >DAGs are susceptible to them because of extremely low fees. Nope - nothing about asynchronous DAG lattices versus single blockchain is relevant to this. Nothing to do with it. Some DAGs have fees, some don't, but nothing about this is to do with fees anyway. >It's cheap for an attacker to flood the network. That would be relevant to a spam attack (if Nano didn't have anti-spam "Time as a Currency" cost to attackers. But this isn't a spam attack and even a $1 trillion/tx fee would not have stopped this. Fees are NOTHING to do with this attack. >It's not rocket science. You're denying basic facts. Indeed it's not rocket science. I wrote an analogy on why fees are ***not*** relevant, here. It's not a perfect analogy, but it should make it clear to you. Once you've read it, and have either accepted its relevance, or torn it to pieces in that thread, then come back here and we can talk further. (Or deny basic facts - your call): [https://np.reddit.com/r/nanocurrency/comments/urjk6i/comment/i8xqiqv/?utm\_source=share&utm\_medium=web2x&context=3](https://np.reddit.com/r/nanocurrency/comments/urjk6i/comment/i8xqiqv/?utm_source=share&utm_medium=web2x&context=3)

So here's a quick, not very elaborate, criticism of the most shilled stuff around, I'm by no means a buttcoiner, just deeply skeptical over the thousands of jaw dropping scams running around: *** ## PoS No pure proof of stake coin will ever be decentralized, and this means that each bank in the world will/can come up with the exact same security model for their crypto, and banks work by multiplying deposits to lend money (aka debt creation aka money printing), so public blockchains + limited supply pure PoS is a total illusion. We will likely have hundreds of private moneys held by banks which will boil down to a dozen major ones. And the proof is in the pudim, just take a look at who runs the nodes for EACH and EVERY PoS coin, it is always the "foundation" or whatever like that. Especially, don't let them gaslight you with diplomas, code and technobabble thinking that you are so dumb as to not understand this basic fact (well most of you are but a lot aren't). I'm not a PoW maximalist, not a BTC maxi at all, but it so happens that it is the only potentially decentralized consensus people came up with so far. ## DAG Another thing I might add here is that all the DAG hype is just that, hype. the fact that DAGs like Avalanche/Nano, etc never fail (well some devs manage to make them fail like IdOTA) means ONLY that they are being validated in a PoS centralized setup. Totally useless, why not just have a NEO-like DPoS consensus? Just pin-pong block validation among your whitelisted nodes. The simpler the better if you are to run a centralized consensus mechanism because you want speed. ## NFT All the hype with NFT is unbelievable to me. NFT is a big unabashed scam. Just think for two seconds and realize that if you can freely download the media, who gives a shit about who holds the first displayed hash of that? But the idea is not totally useless, exactly because blockchains are good for notary services, proof of existence. You WANT that the files you hashed be infinitely reproducible because you want to prove that you hold the first occurrence of that file in your utxo, so you want to prove that you invented that thing, say, for a patent application. Needless to say that here you are totally dependent on governmental institutions to actually acquiesce and utilize that system in order to *legally* to give you prior art. And, again, what is the use of selling that hash to another person? It is nothing but a digital beanie baby collectible. ## DEFi The only usage of DEFi is decentralized exchange. But the whole idea of tokens themselves is also problematic. A business has no use for a token they cannot control, because they can just use a fucking website and control the issuance, burn and transactions anyway. They WANT TO be centralized. Why wouldn't they? The whole underlying value of the token is THE BUSINESS, NOT the blockchain where the tokens are. So if tokens are problematic, a DEX is also not that big of a thing you think it is. But hold on a second, you will now call me out and say "bullshit, we have stable coins like tether and they are very useful because we can hold them, send them to multiple exchanges and exchange one for another, like RUB/Dollar/Yuan etc both in the exchanges AND in DEXes". And you are damn right, this is for sure a very clear usage of DEX and tokens, but what is the underlying peg of that? Some algorithm bullshit that runs on centralized side-chains like a pyramid retro-feeding scam that blows up once a korean dude exit scams the treasury? Or the fact that the market BELIEVES they hold value and exchanges LIST THEM and scalp them to keep that value? This here is a kind of chicken/egg problem and I won't pretend to know more than you know about this, the DEX in this example does give some underlying value to that peg, it makes it very attractive that you can hold a fiat-peg in a decentralized chain and that adds to your belief in its peg, but that is also because exchanges do use them (and used them prior to DEXes and whatnot) and people trade on them there. So I'm not completely sure here, but in sum, I think DEFi main case is for stable coins arbitrage, because the token themselves, the stable coins, are fiat, they depend on belief. DEXes will never replace exchanges because you whatever "wrapped" coins are obviously not the real coins. ## Wrapped Coins LMFAO seriously, this is such a scam it hurts. Wrapped coins are very dangerous and they are a way for exchanges to inflate the supply of coins to sell IOUs of coins they do not hold in full and profit out of it. That is, wrapped coins are tokenized IOUs. You will be in a serious world of pain if the exchange simply refuses to continue to accept the wrapped coin, OR if the wrapped coin token goes to shit in the DEXes. We should all ask exchanges to stop this blatant fractional reserve scam. ## Yield farming I get that some of you cool kids got rich with yield farming pyramids, but they are just that, pyramids. Once the influx of capital falls down the curve threshold you are absolutely fucked. So always trade those with a small portion of your capital and don't be too greedy because the rug pulls are absolute savagery.

> It has been spam attacked multiple times. So what? You've said so before. So what? The last spam attack was on v21, a year ago. Spam has been prevented since the first iteration of TaaC/PoS4QoS in v22. > Solana has also been spam attacked and halted due to very low fees. I really don't care. Solana has been halted for totally different reasons. It's using a totally different technology. > In that regard, they're similar. I didn't claim they're completely the same. They're not. So that's good. They're totally different. > Nano is reliant on Moore's law for scalability. Nah. Not "reliant on". You can have "automagically benefits from" if you like. But not "reliant on". Nano's scaling, just like other systems, can be improved by code optimisation too. > Currently, that reliance does not keep up with mass adoption, It is keeping up. It's way ahead in fact. If you want to claim it isn't, you'll need to put some numbers up. > If Nano is suffering from spam attacks at this very small scale It isn't. It's suffering a DDOS attack > Fantom has also suffered spam attacks due to DAG architecture. No, not "due to DAG architecture". You made that up. > if you wanna claim they will fix all of these issues They'll fix the issues they know about. Im sure there will be others we don't know about. > At its current state, Nano cannot handle high usage. At its current state, Nano can handle almost **no** usage. We need to put the 23.1.0 anti-DDOS patch in and then reassess. > It's very likely Nano cannot remain feeless and still scale That's like, just your opinion man > Why would people use Nano instead of Fantom when they're virtually the same but 1 does much more? Nano hasn't got 8.9% inflation to subsidise operations > If you think... If

Mentions:#DDOS#DAG

It has been spam attacked multiple times. Google it. There's posts about it in different time lines. Solana has also been spam attacked and halted due to very low fees. In that regard, they're similar. I didn't claim they're completely the same. Nano is reliant on Moore's law for scalability. Currently, that reliance does not keep up with mass adoption, because the base layer doesn't have a high TPS count, unlike Solana for example. If Nano is suffering from spam attacks at this very small scale, by the time it reaches Solana's numbers, it will not handle the volume without stalling transactions. Fantom has also suffered spam attacks due to DAG architecture. Now, if you wanna claim they will fix all of these issues, sure, go ahead, but you can say that about any blockchain. That's just blind faith. At its current state, Nano cannot handle high usage. It's very likely Nano cannot remain feeless and still scale, at which point, it loses its selling point. That's what I mean when I say it's nothing special like you're claiming it to be. Fantom is another similar chain to Nano. It does everything Nano can, and much more. Why would people use Nano instead of Fantom when they're virtually the same but 1 does much more? If you think one Github commit will solve the spam attack vector, you're just ignoring the history / maturity of every blockchain that has ever existed. If you claimed Nano can be hard money in the future, that would be more realistic. Currently, it is not hard money objectively because it needs to at least be able to meet real demand. If you think these aren't scalability problems, you're just having blind faith and not accepting reality.

Mentions:#DAG

Constellation Network ($DAG). It will help to expand the overall crypto market cap.

Mentions:#DAG

* Relevant Cointest topics: [DAG](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_dag), [IOTA](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_iota). * Relevant subreddits: r/NanoCurrency, r/IOTA, r/Obyte. * Sort comments as controversial first by [clicking here](/r/CryptoCurrency/comments/uqbllg/the_nano_network_has_been_subject_to_ddos_and/?sort=controversial). Doesn't work on mobile.

Mentions:#DAG

#IOTA Pro-Arguments Below is an argument written by excalilbug which won 3rd place in the IOTA Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > IOTA is the most popular DAG coin and its designed with Internet of things in mind (IOTA - duh!) > > IOTA has no fees, its super fast and environment friendly - It uses much less energy than Bitcoin, Ethereum or Dogecoin > > Its the coin of the future when Internet of things becomes more popular > > But even now its a very good coin. And its build on DAG. DAG is a different version of blockchain. DAG helps IOTA offer fast and feeless transactions. IOTA has great scalability and it is lightwieght so even very small devices can communicate together > > ​ > > Sources: [https://medium.com/@markusgebhardt/iota-a-sustainable-cryptocurrency-a50a52018eaa](https://medium.com/@markusgebhardt/iota-a-sustainable-cryptocurrency-a50a52018eaa), [https://sashares.co.za/iota-review/#gs.o96a0m](https://sashares.co.za/iota-review/#gs.o96a0m) > > ​ > > Disclaimer: I have some IOTA ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4ya3/coin_inquiries_round_iota_proarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_IOTA) to find arguments on this topic in other rounds.

Mentions:#DAG

* Relevant Cointest topics: [Nano](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_nano), [DAG](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_dag). * Official and related subreddits: r/IOTA, r/NanoCurrency, r/obyte. * Sort comments as controversial first by [clicking here](/r/CryptoCurrency/comments/uq3daf/iota_nodes_can_be_turned_off_by_hackers/?sort=controversial). Doesn't work on mobile.

Mentions:#DAG

Constellation DAG

Mentions:#DAG

DAG does not guarantee anything, it's just a data structure. But sure, for example IOTA use DAG to great advantage for parallel writes which could massively increase throughput. That is the kind of innovation we need.

Mentions:#DAG

DAG seems to fit this bill imo

Mentions:#DAG

I think we are misunderstanding eachother. I thought you meant that devs on Solidity-based blockchains or wallets for solidity-based blockchains could work to standardize code in a way that's more transparent and so I was arguing that having a language that actually understands what tokens are would be the real solution so you have the guarantees. You seem to be speaking in favour of it being enforced by the language so maybe I misunderstood you the first time and we are both just advocating for a resource-oriented language as the basis for a blockchain/DAG ecosystem.

Mentions:#DAG

#Nano Pro-Arguments Below is an argument written by Shippior which won 2nd place in the Nano Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > Nano, which has recently adjusted its ticker to XNO is a DAG based, fee-less blockchain. > > Some fun facts that do not have to do anything with being a pro-argument: > > * Nano has been 100% distributed using faucets. Some follow-up facts about the faucet can be found in this [post](https://www.reddit.com/r/nanocurrency/comments/h7fmge/the_nano_faucet_distribution_visualized_and/) > * Nano used to be called Raiblocks. [Rai stones](https://en.wikipedia.org/wiki/Rai_stones) were very large boulders used by the Yap inhabitants in Micronesia as a currency. The stones could not be physically moved but they changed ownership in exchange for goods. By mutual agreement the ownership of a stone was decided. > * The distribution of nano was supposedly 400 million. However after distributing 133 million the faucet failed and this amount was now the market cap. The [logo of nano](https://upload.wikimedia.org/wikipedia/commons/1/18/Nano_logo.png) reminds of this market cap as it consists of 1 dot, 3 dots, 3 dots. > > The big advantage of Nano is that it is fee-less. Every transaction on the blockchain is transferred for 0 XNO. Therefore the crypto is ideal for micro-payments, whereas for many blockchain these kind of transactions are very costly due to the transaction fee that is required for sending these amounts is greater than the micro payment. Therefore it is the ideal candidate for use for in-game purchases, paying for ad removal online or simply paying back that round of beers your friend got at the bar. > > Inherent at having zero fees is the issue that the people that secure the network do not get a financial incentive as there are no mining or staking rewards for validators. The idea for Nano is that running a node in the long term will save a validator costs instead of earning rewards. As the transactions are free the only cost for receiving transactions is running a validator node. With enough scale the saved costs of not having to pay VISA will outnumber the costs of running a node. > > With V23.0 having been released lately the Nano Development Foundation (which did receive any portion at the fair launch of XNO, contrary to many projects where the team receives up to 50% of all coins) has been focusing on both V24.0 which will provide a permanent solution for the spam attacks that the network endured early 2021 but also start a marketing campaign for the adoption of Nano. The team said that they will only start to market the product once they think it is (close to) finished. > > This marketing campaign has already provided several interesting results. First of all it has been adopted by 2miners. 2miners allows their participants to pay-out their mining rewards from mining ETH in nano, thereby by-passing the high ETH gas fees. > > Nex to that they have anounced a partnership with [FlowHub](https://twitter.com/nano/status/1460650892194160650). FlowHub is said to look into using Nano within their supply chains to save on expenditures. Also Kappture, which provides point of sale devices, has proofed to be interested in [nano](https://twitter.com/Kappture1/status/1473969560294416386). The in-game micropayments that I have mentioned before in this post are also currently investigated by [Poki](https://twitter.com/nano/status/1409509248971726860) a platform used by 30 million users. > > So all in all it seems like nano is finally being used for what it was meant to be and many more people are seeing it's strenghts. Now all nano needs is a Coinbase listing... ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4yi9/coin_inquiries_round_nano_proarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Nano) to find arguments on this topic in other rounds.

Mentions:#XNO#DAG#ETH

* Relevant Cointest topics: [DAG](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_dag), [IOTA](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_iota). * Relevant subreddits: r/NanoCurrency, r/IOTA, r/Obyte. * Sort comments as controversial first by [clicking here](/r/CryptoCurrency/comments/uphuca/nano_network_experiencing_settlement_delays_for/?sort=controversial). Doesn't work on mobile.

Mentions:#DAG

## PoS No pure proof of stake coin will ever be decentralized, and this means that each bank in the world will/can come up with the exact same security model for their crypto, and banks work by multiplying deposits to lend money (aka debt creation aka money printing), so public blockchains + limited supply pure PoS is a total illusion. We will likely have hundreds of private moneys held by banks which will boil down to a dozen major ones. And the proof is in the pudim, just take a look at who runs the nodes for EACH and EVERY PoS coin, it is always the "foundation" or whatever like that. Especially, don't let them gaslight you with diplomas, code and technobabble thinking that you are so dumb as to not understand this basic fact (well most of you are but a lot aren't). I'm not a PoW maximalist, not a BTC maxi at all, but it so happens that it is the only potentially decentralized consensus people came up with so far. ## DAG Another thing I might add here is that all the DAG hype is just that, hype. the fact that DAGs like Avalanche/Nano, etc never fail (well some devs manage to make them fail like IdOTA) means ONLY that they are being validated in a PoS centralized setup. Totally useless, why not just have a NEO-like DPoS consensus? Just pin-pong block validation among your whitelisted nodes. The simpler the better if you are to run a centralized consensus mechanism because you want speed. ## NFT All the hype with NFT is unbelievable to me. NFT is a big unabashed scam. Just think for two seconds and realize that if you can freely download the media, who gives a shit about who holds the first displayed hash of that? But the idea is not totally useless, exactly because blockchains are good for notary services, proof of existence. You WANT that the files you hashed be infinitely reproducible because you want to prove that you hold the first occurrence of that file in your utxo, so you want to prove that you invented that thing, say, for a patent application. Needless to say that here you are totally dependent on governmental institutions to actually acquiesce and utilize that system in order to *legally* to give you prior art. And, again, what is the use of selling that hash to another person? It is nothing but a digital beanie baby collectible. ## DEFi The only usage of DEFi is decentralized exchange. But the whole idea of tokens themselves is also problematic. A business has no use for a token they cannot control, because they can just use a fucking website and control the issuance, burn and transactions anyway. They WANT TO be centralized. Why wouldn't they? The whole underlying value of the token is THE BUSINESS, NOT the blockchain where the tokens are. So if tokens are problematic, a DEX is also not that big of a thing you think it is. But hold on a second, you will now call me out and say "bullshit, we have stable coins like tether and they are very useful because we can hold them, send them to multiple exchanges and exchange one for another, like RUB/Dollar/Yuan etc both in the exchanges AND in DEXes". And you are damn right, this is for sure a very clear usage of DEX and tokens, but what is the underlying peg of that? Some algorithm bullshit that runs on centralized side-chains like a pyramid retro-feeding scam that blows up once a korean dude exit scams the treasury? Or the fact that the market BELIEVES they hold value and exchanges LIST THEM and scalp them to keep that value? This here is a kind of chicken/egg problem and I won't pretend to know more than you know about this, the DEX in this example does give some underlying value to that peg, it makes it very attractive that you can hold a fiat-peg in a decentralized chain and that adds to your belief in its peg, but that is also because exchanges do use them (and used them prior to DEXes and whatnot) and people trade on them there. So I'm not completely sure here, but in sum, I think DEFi main case is for stable coins arbitrage, because the token themselves, the stable coins, are fiat, they depend on belief. DEXes will never replace exchanges because you whatever "wrapped" coins are obviously not the real coins. ## Wrapped Coins LMFAO seriously, this is such a scam it hurts. Wrapped coins are very dangerous and they are a way for exchanges to inflate the supply of coins to sell IOUs of coins they do not hold in full and profit out of it. That is, wrapped coins are tokenized IOUs. You will be in a serious world of pain if the exchange simply refuses to continue to accept the wrapped coin, OR if the wrapped coin token goes to shit in the DEXes. We should all ask exchanges to stop this blatant fractional reserve scam. ## Yield farming I get that some of you cool kids got rich with yield farming pyramids, but they are just that, pyramids. Once the influx of capital falls down the curve threshold you are absolutely fucked. So always trade those with a small portion of your capital and don't be too greedy because the rug pulls are absolute savagery.

How do people feel about Constellation DAG?

Mentions:#DAG

So Happy to see DAG getting some love

Mentions:#DAG

Potassium rich DAG.

Mentions:#DAG

Quant - the TCP-IP of crypto. Hedera Hashgraph HBAR - the g speed internet of crypto using fiber optical wires. XRP - the one stop bridge for global remittance payments that settles tens of millions of dollars in one transaction in 3 -5 seconds for fractions of a penny. XLM - the peer 2 peer front end of money transfers XDC - the base net program built to run the entire trade finance market, think the stock market running on the fastest windows 2022 software available eliminating the need for shady brokers Constellation DAG - the killer app for data transfer that just gets faster and more secure the greater the congestion on the network.

Can you guys stop talking about the price all the time. Price doesn't matter, we are all here for the tech. I'd much prefer if we talked about things like algorithms & datastructures, for example how good nano block lattice & DAG is.

Mentions:#DAG

Constellation network $DAG and all of it's ecosystem: $Jam, $ads, $token, $ltx

Mentions:#DAG

DAG. name me something better than DAG in the alts and i will get onboard, as long as its not NFTs or stupid game apps.

Mentions:#DAG

>doesn't help that it's still riddled with scams here's to hoping this helps things like Radix that are actually solving this problem. For those unaware, they have a resource-oriented language that adds a hell of a lot of security and allows for wallets to actually display what will happen in a transaction before you do it. 1. This means you wont have something like the bored ape twitter hack where a malicious link to a smart contract is tweeted out from the official page and so people interact with blind trust and have their NFT stolen. For Radix you would see that it's asking to take your NFT before you sign anything. 2. With SAFU having made their own burn wallet and lying about not having control, they scammed people. With Radix Tokens, NFTs, minting/burning, are all understood by the language so burning a token is transparently a burn and removed it from circulation without it just being sent to a dead wallet which was what allowed them to do this. 3. you dont need to give permission to a site to use your funds, on each transaction that you sign you can send resources such as tokens and NFTs in the transaction and anything you don't send with it cannot be taken by the smart contract so you have as much concern when using dApps. 4. Balances arent stored as references to your public address, but instead are inside instantiated components on the DAG. This means you can have the account component managed however you'd like, be it the standard way of "account address X can do whatever they want with the account" or you can have it be a rule for needing a specific set of wallets/addresses to confirm it, have different authentication rules/standards based on the quantity of resources being accessed/transferred, or having ways to change the owner of an account if you sign a contract using a separate address + one in your safety deposit box, etc... This means you can implement or use any system you choose for authentication of accounts and transactions but also setup recovery systems encase something happens. No necessity to have your private key be an absolute single point of failure.

Mentions:#SAFU#DAG

Most are actually missing utility. Check out revolutionary token utility of $DAG on the new constellation network (mainnet launch this summer) that actually increases in value intrinsically as more is built on it and everyone participating with it will have to hold the token as well.

Mentions:#DAG

Why not go with something that uses better tech? BTC was great in that it brought the entire crypto-currency field into existence, and ETH brought smart-contracts to the world, but now BTC has little in terms of use-cases compared to what's out there, and ETH is struggle with gas fees and is using Solidity for smart contracts which was created before we really knew what smart contracts would be used for and what kind of language and system would be optimal for it, and so it's not really the best technology and lags behind a TON of other DAG-based systems, especially since devs spend like 90% of their time on ensuring the safety of their contracts and only 10% or less on developing the thing. It's not developer-friendly at all but it was a great first step. As a proof-of-concept for smart contracts it was great but I think it's quite outdated now and the updates that they promise to have are constantly delayed and still dont do much to put the utility on par with competitors. They do have the first-mover advantage though and if that's all you care about then sure, you can buy BTC and ETH. Personally I'm expecting that something with a resource-oriented smart contract language will be the next big thing.

Actually, constellation network has been working on this steadily and has mainnet launch this summer, I won't be a maxi and say it's done it technically yet, however it does have all the good signs of not prematurely pumping hype but actually focusing on the technology itself and good partnerships and communication with community, so all looks solid for success after this super early adoption. Web3 hypergraph technology is early but is definitely gonna be successful from want I can ascertain. Look into constellation network, I think you'll like it. I have some Eth, but my more aggressive portfolio assets are accumulating more and more constellation DAG, LTX lattice exchange, and Alkimi ADS.

Mentions:#DAG#LTX#ADS

I see more and more comments and videos alluding to these possible and some say likely shortcomings. The ironic thing is, most mention, like you did, other projects that will suffer the same trilemma of problems albeit just not as much...look into web3 and hypergraph technology, that's where super early adoption is now happening. Constellation network DAG, Hedera HBAR, LTX lattice exchange, alkimi ADS, XRP, etc. Think of BTC as first generation, eth as 2nd, and 3rd generation is not even cryptocurrency but distributed ledger technology that is WAY more efficient. Infinite transactions, ultimate scalability and interoperability, feeless transactions, inherent asset utility for once, all in constellation network, the best of them. Research it.

I see it also this way, Not invested in SOL but in Harmony and there we have the same story. It's not only blockchain itself RPC calls, EVM capacity, size of blockchain grows rapidly and so on. So the question is which chains wouldn't turn into a toaster if they had to handle SOLs load just for one day. centralized BNB probably can do it: with help of CELER NEAR maybe? Harmony later this year when they use their shards for EVM transactions. DAG chains like AVAX, FTM, HBAR seems to raise gas fees a lot when network is busy, so don't think they can handle it. ALGO doesn't use EVM, but would be interesting I honestly don't have faith in Cardanos hydra this year, Elrond not sure, ok that's my list everything else will turn into a toaster

I'm very close to a Bitcoin maximalist. Been in since 2016 and if you look at my comment history it is all defending Bitcoin. Bitcoin can serve 90% of the world's financial needs and will be the world's reserve currency (imo) but it cannot serve the internet of things and machine to machine economy. Only a DAG (directed acyclic graph) can, not a blockchain.

Mentions:#DAG

Agreed I am almost a Bitcoin maximalist but I O T A does things for the internet of things that only a DAG can do. I think Bitcoin can serve 90% of the world's financial purposes and I O T A the other 10%

Mentions:#DAG

* Relevant Cointest topics: [DAG](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_dag), [IOTA](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_iota). * Relevant subreddits: r/NanoCurrency, r/IOTA, r/Obyte. * Sort comments as controversial first by [clicking here](/r/CryptoCurrency/comments/ui3vq6/nano_facilitates_the_firstever_feeless/?sort=controversial). Doesn't work on mobile.

Mentions:#DAG

#Nano Pro-Arguments Below is an argument written by Shippior which won 2nd place in the Nano Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > Nano, which has recently adjusted its ticker to XNO is a DAG based, fee-less blockchain. > > Some fun facts that do not have to do anything with being a pro-argument: > > * Nano has been 100% distributed using faucets. Some follow-up facts about the faucet can be found in this [post](https://www.reddit.com/r/nanocurrency/comments/h7fmge/the_nano_faucet_distribution_visualized_and/) > * Nano used to be called Raiblocks. [Rai stones](https://en.wikipedia.org/wiki/Rai_stones) were very large boulders used by the Yap inhabitants in Micronesia as a currency. The stones could not be physically moved but they changed ownership in exchange for goods. By mutual agreement the ownership of a stone was decided. > * The distribution of nano was supposedly 400 million. However after distributing 133 million the faucet failed and this amount was now the market cap. The [logo of nano](https://upload.wikimedia.org/wikipedia/commons/1/18/Nano_logo.png) reminds of this market cap as it consists of 1 dot, 3 dots, 3 dots. > > The big advantage of Nano is that it is fee-less. Every transaction on the blockchain is transferred for 0 XNO. Therefore the crypto is ideal for micro-payments, whereas for many blockchain these kind of transactions are very costly due to the transaction fee that is required for sending these amounts is greater than the micro payment. Therefore it is the ideal candidate for use for in-game purchases, paying for ad removal online or simply paying back that round of beers your friend got at the bar. > > Inherent at having zero fees is the issue that the people that secure the network do not get a financial incentive as there are no mining or staking rewards for validators. The idea for Nano is that running a node in the long term will save a validator costs instead of earning rewards. As the transactions are free the only cost for receiving transactions is running a validator node. With enough scale the saved costs of not having to pay VISA will outnumber the costs of running a node. > > With V23.0 having been released lately the Nano Development Foundation (which did receive any portion at the fair launch of XNO, contrary to many projects where the team receives up to 50% of all coins) has been focusing on both V24.0 which will provide a permanent solution for the spam attacks that the network endured early 2021 but also start a marketing campaign for the adoption of Nano. The team said that they will only start to market the product once they think it is (close to) finished. > > This marketing campaign has already provided several interesting results. First of all it has been adopted by 2miners. 2miners allows their participants to pay-out their mining rewards from mining ETH in nano, thereby by-passing the high ETH gas fees. > > Nex to that they have anounced a partnership with [FlowHub](https://twitter.com/nano/status/1460650892194160650). FlowHub is said to look into using Nano within their supply chains to save on expenditures. Also Kappture, which provides point of sale devices, has proofed to be interested in [nano](https://twitter.com/Kappture1/status/1473969560294416386). The in-game micropayments that I have mentioned before in this post are also currently investigated by [Poki](https://twitter.com/nano/status/1409509248971726860) a platform used by 30 million users. > > So all in all it seems like nano is finally being used for what it was meant to be and many more people are seeing it's strenghts. Now all nano needs is a Coinbase listing... ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4yi9/coin_inquiries_round_nano_proarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Nano) to find arguments on this topic in other rounds.

Mentions:#XNO#DAG#ETH

* Relevant Cointest topics: [DAG](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_dag), [IOTA](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_iota). * Relevant subreddits: r/NanoCurrency, r/IOTA, r/Obyte. * Sort comments as controversial first by [clicking here](/r/CryptoCurrency/comments/uhu7i6/nanos_amazing_new_marketing_video_get_in_here_and/?sort=controversial). Doesn't work on mobile.

Mentions:#DAG

I can. You use an eUTXO chain with chimeric ledgers, allowing the main chain to be recursively sharded into multiple layers whenever necessary. For high TPS, you could use any number of sidechain styles with (the fastest would have a DAG-like style) which would periodically settle back into checkpoints, settled with the main chain whenever necessary. Also, if you’re talking about raw TPS, Ergo just had a transaction with 14,000 outputs. How would you quantify that technology using the archaic TPS metric?

Mentions:#DAG

Lmao, no it's not. Ltc is literally a btc clone and nano is just a pure feeless currency based on DAG. They aren't made to be stablecoins.

Mentions:#DAG
r/CryptoCurrencySee Comment

* Relevant Cointest topics: [DAG](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_dag), [IOTA](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_iota). * Relevant subreddits: r/NanoCurrency, r/IOTA, r/Obyte. * Sort comments as controversial first by [clicking here](/r/CryptoCurrency/comments/ufdx2i/nano_facilitates_the_firstever_feeless_crypto/?sort=controversial). Doesn't work on mobile.

Mentions:#DAG
r/CryptoCurrencySee Comment

* Relevant Cointest topics: [DAG](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_dag), [IOTA](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_iota). * Relevant subreddits: r/NanoCurrency, r/IOTA, r/Obyte. * Sort comments as controversial first by [clicking here](/r/CryptoCurrency/comments/ufa5bu/nano_a_feeless_ecofriendly_cryptocurrency_was/?sort=controversial). Doesn't work on mobile.

Mentions:#DAG
r/CryptoCurrencySee Comment

* Relevant Cointest topics: [DAG](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_dag), [IOTA](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_iota). * Relevant subreddits: r/NanoCurrency, r/IOTA, r/Obyte. * Sort comments as controversial first by [clicking here](/r/CryptoCurrency/comments/uew3gq/nano_facilitates_the_firstever_feeless_crypto/?sort=controversial). Doesn't work on mobile.

Mentions:#DAG
r/CryptoCurrencySee Comment

I don't get why people shill nano so much. DAG based cryptos cannot work in a decentralized manner. This is caused by simple fact that DAG has no global state. You just can't build cryptocurrency that uses DAG and is decentralized...

Mentions:#DAG
r/CryptoCurrencySee Comment

You are comparing L1 blockchains to Dexes. What exactly defines a shit coin? I believe meme coins with no real value or scammy hype coins fall under the term. But in Nano's case, they have far better tech than any Dex because of their DLT being a DAG, Say what you will about ADA and how they are a cult but that was some of the easiest money ever made and I had control over my tokens the whole time, and Vet has impressive tech but I don't know a ton about it. Defi is just people hopping from one LP to another, chasing high apr/apy% and locking up their tokens all while we are on the edge of a recession and the market is basically on life support.

Mentions:#DLT#DAG#ADA
r/CryptoCurrencySee Comment

#DAG Con-Arguments Below is an argument written by mic_droo which won 1st place in the DAG Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > A DAG, or Directed Acrylic Graph, is a different type of a [distributed ledger](https://en.wikipedia.org/wiki/Distributed_ledger#Types) than blockchains. DAGs have a few big disadvantages compared to blockchains: > > * DAGs are, due to their structure, usually [less decentralized](https://techbriefly.com/2021/06/06/what-is-dag-technology-advantages-and-disadvantages-over-blockchain/) than blockchains. > * while DAG-based coins like to claim they are very well suited for large amounts of transactions, [this has not been tested on very broad scales yet](https://imiblockchain.com/dag-vs-blockchain/) > * completely feeless structures open DAG-based coins up to vulnerabilities, like "[Sybil attacks in which an attacker operates many pseudonymous nodes to gain a disproportionate amount of control over the network, or Denial-of-Service (DoS) attacks, which flood the network with transactions](https://www.gemini.com/cryptopedia/nano-crypto-digital-currency#section-a-question-of-incentives)". NANO, a very popular coin on r/cc that is DAG based, was [targeted by a DoS attack last year](https://blog.nano.org/recent-dos-nano-network-attack-and-v21-3-fixes-97b9b7297f9) and basically didn't work for a few days. IOTA had similar problems in the past ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/r6r619/general_concepts_round_dag_conarguments_december/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_DAG) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/ttir1a/monthly_skeptics_discussion_april_2022/).

Mentions:#DAG
r/CryptoCurrencySee Comment

#DAG Pro-Arguments Below is an argument written by mic_droo which won 1st place in the DAG Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > A DAG, or Directed Acrylic Graph, is a different type of a [distributed ledger](https://en.wikipedia.org/wiki/Distributed_ledger#Types) than blockchains. DAGs have a few big advantages over blockchains: > > * [**They are fast**](https://techbriefly.com/2021/06/06/what-is-dag-technology-advantages-and-disadvantages-over-blockchain). Like, very fast, with almost instant transactions > * **There is no mining**. This has, at least, [two advantages](https://imiblockchain.com/dag-vs-blockchain/): firstly, coins built on DAGs are extremely **cost-effective** and transactions are (basically) free - think IOTA or NANO. Secondly, that makes them **energy efficient** - and therefore climate friendly, which is a huge advantage over blockchain in general, but specifically PoW. > * DAGs are well-suited for [**high volumes of transactions**](https://maxthake.medium.com/blockchain-vs-dag-technology-1a406e6c6242) and are less likely to get congested > * Due to their (almost) feeless structure, they are well-suited for [**micro-transactions**](https://alephzero.org/blog/dag-vs-blockchain-they-are-not-as-different-as-you-think/). > * Summing up the above points, considering they're fast, feeless and well-suited for small transactions, DAGs solve the famous [**Bitcoin snack machine**](https://satoshi.nakamotoinstitute.org/posts/bitcointalk/threads/114/) problem. While most blockchain-based coins wouldn't really work as payment for a snack in a snack machine, coins based on DAGs seem very well suited. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/r6r452/general_concepts_round_dag_proarguments_december/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_DAG) to find arguments on this topic in other rounds.

Mentions:#DAG