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r/CryptoMoonShotsSee Post

Low and microcap gems to watch now that the bullrun has started, Pt. 2

Low and microcap gems to watch now that the bullrun is here, Pt. 2.

r/CryptoMoonShotsSee Post

A Report on ZNN and the Network of Momentum

r/CryptoMoonShotsSee Post

The Bitcoin Decentral Bank

r/CryptoCurrencySee Post

The high level view of Zenon: A community run feeless L1 that's building to complement BTC.

r/SatoshiStreetBetsSee Post

Research Report on Zenon Network

r/SatoshiStreetBetsSee Post

Zenon Network: A New Era in Decentralized Ledger Technology

r/CryptoMoonShotsSee Post

Constellation DAG: A Potential Moonshot in Big Data and Blockchain

r/SatoshiStreetBetsSee Post

+ 1.5M% volume increase on new BTC L2 - Zenon Network

r/CryptoMoonShotsSee Post

+1,500,000% volume increase of BTC L1 over the weekend - Zenon Network

r/CryptoCurrencySee Post

Kaspawho? Faketoshi 2.0 project? Blockchain 3.0 hype?

r/CryptoCurrencySee Post

DAG Knight presentation by Yonatan Sompolinsky

r/CryptoCurrencySee Post

AMA & $2000 Giveaway With VinuChain - The World's First ZERO FEE EVM Chain

r/CryptoCurrencySee Post

Nano (crypto with no transaction fees and fast confirmation time) is not even in top 250 cryptocurrencies by market cap anymore. Why did it completely fall out of relevancy and never reached higher adoption?

r/CryptoCurrencySee Post

Hedera Hashgraph (HBAR) vs Ethereum (ETH)

r/CryptoCurrencySee Post

How IOTA, Nano, And Hedera Are Harnessing The Power Of DAG

r/CryptoCurrencySee Post

New Cycle Coins between rank 100 – 200

r/CryptoCurrencySee Post

Famous companies and crypto partnerships

r/CryptoCurrencySee Post

Which Projects Had the Most Growth in the Recent Year?

r/CryptoCurrencySee Post

SUBATHON DAG 137 | starter med ryg | !geekd !mp !info !subathon !bil !Getfitfood

r/CryptoCurrencySee Post

Comparing Technology of HBAR, XRP, and ALGO on the Basis of Speed, Use Cases and Scalability.

r/CryptoCurrencySee Post

Elon's X Profile "𝕏Ð" Stirs Crypto Speculation, My 2c Guess

r/CryptoCurrencySee Post

Why Banano (BAN) is the best (meme) coin!

r/CryptoCurrencySee Post

Our Data Is Being Stolen: What Can We Do?

r/CryptoCurrencySee Post

No TikTok Monkey Business for Nano Spinoff Banano (BAN)

r/CryptoCurrencySee Post

“The People’s Coin” Spacemesh Launches Following Five Years of Research - Decrypt

r/CryptoCurrencySee Post

Crypto in the Classroom: Using Banano to Teach Financial Lit - Altcoin Buzz

r/CryptoCurrencySee Post

🌟 Introducing the Astonishing World of Cryptocurrencies! GBYTE/ OBYTE🌟

r/SatoshiStreetBetsSee Post

Banano yellow paper

r/CryptoCurrencySee Post

What is a directed acyclic graph in cryptocurrency? How does DAG work?

r/CryptoCurrencySee Post

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

r/CryptoCurrencySee Post

US/UK Industrial-Economic Espionage in Canadian Cryptocurrency Community

r/BitcoinSee Post

DAG vs Blockchain

r/CryptoMoonShotsSee Post

Grape - The first Web4 infrastructure for a decentralized Internet - Strong Community & Marketing

r/CryptoMoonShotsSee Post

Grape - The first Web4 infrastructure for a decentralized Internet

r/CryptoCurrencySee Post

IOTA/Shimmer latest updates

r/CryptoMoonShotsSee Post

Zenon - The Network of Momentum

r/CryptoMoonShotsSee Post

Sui Network - Build Beyond - Unlock the freedom to build powerful on-chain assets - Strong Community & Marketing

r/CryptoCurrencySee Post

In-depth look at the positives and negatives of Avalanche

r/CryptoCurrencySee Post

In-depth look at the positives and negatives of Avalance

r/CryptoMoonShotsSee Post

Sui Network - Build Beyond - Unlock the freedom to build powerful on-chain assets

r/CryptoCurrencySee Post

Besides buying the dip on ETH and BTC what else is the community buying?

r/CryptoCurrencySee Post

A primer on Fantom (FTM)

r/CryptoCurrencySee Post

KAS learn and earn on CoinEx

r/CryptoCurrencySee Post

Why KASPA now? And not APTOS!!

r/CryptoMoonShotsSee Post

HBAR token from Hedera Hashgraph a responsibly governed decentralized network

r/CryptoCurrencySee Post

Atomic swaps coming to Zenon Network as the foundation for secure feeless interoperability

r/CryptoCurrencySee Post

What other assets do crypto investors buy today?

r/CryptoMoonShotsSee Post

UBIX - A Digital Universe with Endless Possibilities

r/CryptoCurrencySee Post

Love Banano? Gridcoin does everything Banano does, but better.

r/CryptoCurrencySee Post

A No-Shill Avalanche Deep Dive

r/CryptoCurrencySee Post

A Quick Rundown Of What Makes Avalanche Special

r/CryptoCurrencySee Post

Learn.Zenon is making educational content from the community. Article covering the novel tech: What is a Meta-DAG?

r/CryptoCurrencySee Post

How to Create Your Own Blockchain? A Step-By-Step Guide

r/CryptoCurrencySee Post

COTI labeled themselves as CBDC?

r/CryptoCurrencySee Post

The Wonderful World of DAG Cryptocurrencies: An Insight into Nano and Banano

r/BitcoinSee Post

SUBATHON DAG 5| !Subathon !Priser !Indsamling !Præmier | [755.651KR / 1.000.000KR]

r/CryptoCurrencySee Post

What is the Fantom Foundation (FTM)?

r/CryptoCurrencySee Post

We need to make it a standard to link your wallet directly to an exchange and any crypto you buy directly transfers into it

r/CryptoMoonShotsSee Post

Kaspa Deep Dive (for once not a shitcoin)

r/CryptoMoonShotsSee Post

$KAS - Kaspa Currency - BlockDAG - Open-source, Decentralized & Fully Scalable Layer-1

r/CryptoCurrencySee Post

Kaspa Deep dive

r/CryptoCurrencySee Post

Question/Guidance for Blockchain and Quantum Computing/AI

r/CryptoCurrencySee Post

What are the best Blockchain / DLT / DAG projects in 2022 and beyond?

r/CryptoCurrencySee Post

DAG or XDC?

r/CryptoCurrencySee Post

I wrote a really long comment regarding blockchain technologies and IoT on buttcoin. And I'd like to share it with people who would actually read it.

r/CryptoMarketsSee Post

I love DAGS! Hedera / Constellation and Iota although Hedera gives me centralization concerns and iota don’t seem to be doing too much these days? One day with my DAG gains I’m gonna buy me ma a caravan!

r/CryptoCurrencySee Post

I love DAGS! Hedera / Constellation and Iota although Hedera gives me centralization concerns and iota don’t seem to be doing too much these days? One day with my DAG gains I’m gonna be a caravan!

r/CryptoCurrencySee Post

Projects I like the most - Top list

r/CryptoCurrencySee Post

My TOP 35 alt-coin list

r/CryptoCurrencySee Post

Video card manufacturers benefit from ETHW, not ETC.

r/CryptoCurrencySee Post

Layer 1s / Smart contract chains discussion: determine the real deals

r/CryptoCurrencySee Post

Can Hashgraph and Iota co-exist in the DAG space or there can be only one?

r/CryptoCurrencySee Post

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.

Mentions

Gamblefi is still undervalued, casinos like Freebitco and Dplay have been steadily yielding gains even in the bear market. Looking into DAG, RWA and AI to build a complete portfolio

Mentions:#DAG#RWA

It's because of the DAG, KAS solved the trillema. It's PoW (decentralised) with the efficient of PoS with instant transactions. I don't own KAS, but I am taking a gamble on its fork, KLS (ASIC resistant GPU KAS fork for an even further decentralised network)

Mentions:#DAG#KAS#GPU

>I think a lot of people make the connection primarily because of the DAG, but they differ in both degree and kind so much that I don't think they are even remotely comparable Was only comparing the tech at a surface level, it's the combination of all the other factors that make it feel like Nano to me. >Ultimately, I think it does enough right to warrant it's current price appreciation and hype but it is not without issues (like all projects in this space). I feel like many people felt the same way about Nano in 2017. A $4B coin needs more substance than just good tech and good founder. Every chain feels that they have the best tech, but not every chain has the same level of engagement from the industry/community. And to be quite honest, 99.999% of people aren't qualified to evaluate "which tech is best", so I generally don't put much weight into the idea that the tech is better until there are better indicators like engagement (which won't be easy to gauge until SC go live). Just a little too unproven with too much potential downside(price wise) for me at the moment. I did just get a new computer though, is it GPU or CPU mineable? Maybe I'd mine some and mess around with it.

I think a lot of people make the connection primarily because of the DAG, but they differ in both degree and kind so much that I don't think they are even remotely comparable (not so speak on Nano's centralization/scalability/etc). Regarding SC, I believe that Kaspa will have 1 more opcode compared to BTC, which will enable ZK rollups and it's currently in development on the team but probably won't be implemented until DAGKNIGHT has been implemented (rightly so). Your last point is a good one, and something that Yonatan has commented on quite a bit in the project's discord chat and presentations online. It's a legitimate concern and the network does need consistent growth unless a more drastic solution is implemented (probably will not be well-received). I think that's probably the part of the project that is the most concerning, but I think it's not an intractable problem to solve. Ultimately, I think it does enough right to warrant it's current price appreciation and hype but it is not without issues (like all projects in this space).

Mentions:#DAG#SC#BTC

I mean, all that sounds good, but to me, it's very reminiscent of Nano. DAG tech, outperforming the market, fair launch, not listed many places, but nothing really happening around it(or at least I never hear or see anyone talk about it, besides the tech/price talking points you've listed). I'll have to wait and see how smart contracts develop, because that seems like a make or break aspect. The faster halving schedule also gives me pause, as the security budget will disappear fast without high demand on-chain supplementing the block subsidy.

Mentions:#DAG

#Hedera Pro-Arguments Below is a Hedera pro-argument written by cryotosensei. > > 1. Unlike its Layer 1 (L1s) counterparts that use a blockchain consensus mechanism, Hedera employs a hashgraph consensus called the Directed Acyclic Graph (DAG) that is built on a public ledger. Hence, the nodes on Hedera can communicate randomly between each other without any constraints, thereby creating a graph of transactions over time. This shortens the transaction speed to about three to five seconds, making it fast and nimble. > 2. Hedera is designed to be extremely secure, as can be illustrated by how it has attained the asynchronous Byzantine Fault Tolerance (aBFT), which is the most rigorous security any consensus mechanism can provide. This makes it resilient against network attacks. Another factor that may set users’ minds at ease is that its network of nodes is governed by a worldwide coalition of prominent organisations like Google, IBM and DBS Bank (first and only bank in Southeast Asia). This ensures that the network is subjected to rigorous checks and balances. > 3. Hedera empowers developers to customise their applications and apply Understanding by Design principles. Its software development kit enables developers to integrate KYC and Anti-Money Laundering (AML) into their systems if they feel that these features are necessary. As such, Hedera apps can either be transparent and permissionless or private and permissioned. > 4. Because Hedera is fast, transparent and shares information equally, it is a useful tool to facilitate cross-border trade payments. In February 2021, Standard Bank Group pledged to partner Hedera Governing Council to establish the first Hedera network node in Africa. > > > > > References > > https://help.hedera.com/hc/en-us/articles/360000674097 > > https://chaindebrief.com/all-you-need-to-know-about-hedera-hba/ > > https://messari.io/article/hashing-it-out-with-hedera-hashgraph?utm_source=newsletter_top&utm_medium=organic_email&utm_campaign=hashing_it_out_with_hedera > > https://www.prnewswire.com/news-releases/standard-bank-group-establishes-africas-first-hedera-network-node-to-enable-much-needed-digitisation-of-cross-border-trade-processes-301234395.html > > https://hedera.com/blog/dbs-is-first-bank-in-southeast-asia-to-join-hedera-governing-council-and-run-network-node ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_hedera) to find submissions for other topics.

Mentions:#DAG

* Related Cointest topics: [DAG](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_dag), [Ethereum](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_ethereum), [IOTA](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_iota), [NANO](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_nano). * Related subreddits: r/Hedera, r/Ethereum, r/nanocurrency, r/Iota. * Sort comments as controversial first by [clicking here](/r/CryptoCurrency/comments/1avq77w/hyundai_motor_and_kia_introduce_co2_emission/?sort=controversial). Doesn't work on mobile.

Mentions:#DAG#IOTA

#Hedera Pro-Arguments Below is a Hedera pro-argument written by cryotosensei. > > 1. Unlike its Layer 1 (L1s) counterparts that use a blockchain consensus mechanism, Hedera employs a hashgraph consensus called the Directed Acyclic Graph (DAG) that is built on a public ledger. Hence, the nodes on Hedera can communicate randomly between each other without any constraints, thereby creating a graph of transactions over time. This shortens the transaction speed to about three to five seconds, making it fast and nimble. > 2. Hedera is designed to be extremely secure, as can be illustrated by how it has attained the asynchronous Byzantine Fault Tolerance (aBFT), which is the most rigorous security any consensus mechanism can provide. This makes it resilient against network attacks. Another factor that may set users’ minds at ease is that its network of nodes is governed by a worldwide coalition of prominent organisations like Google, IBM and DBS Bank (first and only bank in Southeast Asia). This ensures that the network is subjected to rigorous checks and balances. > 3. Hedera empowers developers to customise their applications and apply Understanding by Design principles. Its software development kit enables developers to integrate KYC and Anti-Money Laundering (AML) into their systems if they feel that these features are necessary. As such, Hedera apps can either be transparent and permissionless or private and permissioned. > 4. Because Hedera is fast, transparent and shares information equally, it is a useful tool to facilitate cross-border trade payments. In February 2021, Standard Bank Group pledged to partner Hedera Governing Council to establish the first Hedera network node in Africa. > > > > > References > > https://help.hedera.com/hc/en-us/articles/360000674097 > > https://chaindebrief.com/all-you-need-to-know-about-hedera-hba/ > > https://messari.io/article/hashing-it-out-with-hedera-hashgraph?utm_source=newsletter_top&utm_medium=organic_email&utm_campaign=hashing_it_out_with_hedera > > https://www.prnewswire.com/news-releases/standard-bank-group-establishes-africas-first-hedera-network-node-to-enable-much-needed-digitisation-of-cross-border-trade-processes-301234395.html > > https://hedera.com/blog/dbs-is-first-bank-in-southeast-asia-to-join-hedera-governing-council-and-run-network-node ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_hedera) to find submissions for other topics.

Mentions:#DAG

* Related Cointest topics: [DAG](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_dag), [Ethereum](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_ethereum), [IOTA](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_iota), [NANO](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_nano). * Related subreddits: r/Hedera, r/Ethereum, r/nanocurrency, r/Iota. * Sort comments as controversial first by [clicking here](/r/CryptoCurrency/comments/1av58x2/hedera_hbar_soars_50_to_mark_new_20month_high/?sort=controversial). Doesn't work on mobile.

Mentions:#DAG#IOTA

This doesn't make sense to me. If you truly believe in decentralization then you should be more interested in Kaspa than Cardano. Kaspa is POW and encourages actual decentralization not POS rich get richer style consensus where only the rich can participate. Bitcoin is a fair mine POW and so is Kaspa. Kaspa is the next line in the spiritual succession to Bitcoin not ADA. The main difference being that Kaspa uses a DAG and so is actually faster than bitcoin while remaining POW.

Mentions:#ADA#DAG

directed acyclical graphing allows for \*truly and completely\* feeless transactions (0.00000000 gas, if you will), gets **faster** as the network loads, perform two validations and your own transaction is in turn validated. Better, it is quantum-resistant by its distributed nature. Its a matter of time until Bitcoin private keys become as hackable as the webcam I watch your girl on every night. DAG cannot be taken in a 51% attack thanks for coming to my shitty DROPtalk

Mentions:#DAG

No **DAG** is the future

Mentions:#DAG

bullish on DAG or known as Constellation. This is the future of data! https://x.com/altifbrown/status/1754746011283759476?s=46&t=mCHk4GFzEYl6FtLwXsTgsg

Mentions:#DAG

Look into Discreet project. DAG privacy chain.

Mentions:#DAG

Super bullish on Constellation other known as $DAG in the next 10 years. Will be the future of data!

Mentions:#DAG

#CBDC Pro-Arguments Below is a CBDC pro-argument written by Nostalg33k. > # Central Bank Digital Currencies (CBDC), what do they solve, why they are the best ? > > ​ > > A Central Bank Digital Currency is NOT a game changer, most people already use "digital money" through their credit card. So the question everyone should ask is, "What do digital currencies solve?". Actually a loooot of problems. > > ​ > > # 1) Money creation: From banks to Central banks, bring the power back to the state and not the profiteering industry. > > CBDC's if they replace normal currencies would not allow banks to lend money they don't have. This can be seen as a problem until you put inflation into the equation. Everyone is currently lambasting about inflation and money creation from the State BUT the fact is that money creation is done principally by private banks and not by the State. > > ​ > > For one dollar in the banking system, they can lend up to 10 dollars with a fractional reserve. While we could believe in free markets before the ecological crisis we are living through and before the oil industry price gouged the population through the non-exploitation of government leases. Right now, a lot of industries are in need of government planning to switch from cheap energy relying on existing infrastructure to go towards renewables and new infrastructure. This planning require governments to have a better control of the economy. CBDC's can provide this control by controlling the credit industry. > > ​ > > # 2) The extinction of trafic and tax evasion > > Another big aspect of CBDC's is their traceability. Through blockchain, it would be far easier to look for suspect transactions. This would kill the drug industry and allow to properly tax people. By taking control of the money supply and requiring a reason for each transactions, it would be far harder to have illegal activities and to evade the taxation system which provides for our governments, (roads, infrastructure, healthcare,...) > > # 3) Multiple specialized money. > > Governments aiming to plan their economies in a better way would be able to introduce different currencies. For example, welfare could be given in a money that is specialized toward food or rent. While intrusive this would allow certain sectors of the economy to be excluded from the free market. > > # 4) Data collection, Instant transactions and practical. > > CBDCs if they don't replace cash as a whole still provide an important service to our societies and should replace digital transactions currently done with your account balance. If they are backed by a blockchain using DAG or an infrastructure allowing for instant transaction, they can be very practical and allow us to have a better understanding of spending. With implementation of anonymisation of the data, we could give this date to different economist and other planners to understand how we can provide better services and better goods to people. > > ​ > > # 5) A good introduction to Cryptocurrency, wallet management and other aspects of the digital economy. > > CBDCs can be a very good pedagogic tool to help people realize that their currencies can be exist on a blockchain. If the wallet is compatible with Meta-mask and other wallet managers , then it could help people to use crypto related software. They could even be signing smart contracts and swap their coins. > > ​ > > # 6) Technical side, a diversity of possibilities all which their advantages and problems. > > ​ > > On the more technical aspect of CBDCs, there is a large diversity of possibility because each central bank can have their own design. > > An example can be the Bank of England: [The CBDC Project in the UK](https://www.bankofengland.co.uk/research/digital-currencies#:~:text=to%20contact%20us-,What%20is%20central%20bank%20digital%20currency%3F,a%20computer%20or%20similar%20device) > > The Bank of England's CBDC would co-exist with cash. While this page doesn't explain the technical side, one can be surprised that they don't seem to be looking at the blockchain technology as [their paper on New forms of money](https://www.bankofengland.co.uk/paper/2021/new-forms-of-digital-money) shows. > > The world blockchain is only mentioned when discussing the possibility to regulate stablecoins. > > ​ > > One could ask what is the point of this CBDC since wire transfers exist:"What Is a Wire Transfer? > A wire transfer is an electronic transfer of funds via a network that is administered by banks and transfer service agencies around the world. Wire transfers involve a sending and receiving institution and require information from the party initiating the transfer, such as the receiver's name and account number. > Wire transfers don't actually involve the physical exchange of cash but are settled electronically."[Source](https://www.investopedia.com/terms/w/wiretransfer.asp#:~:text=Wire%20transfers%20involve%20a%20sending,cash%20but%20are%20settled%20electronically) > > # Conclusion: > > CBDCs are the best for the current era, we need to be able to plan the economy and to fight turbulences while we resolve the chalenges of the era. The only question, as shown by the UK proposition of a CBDC is: Will the governments be able to leverage the CBDCs. CBDCs are cool if we accept a bit of intrusion in our financial lives. They could provide a way to stop trafics and to do financial planning, to introduce multiple specialized currencies and many other points. > > ​ > > These should be introduced through referendums with a very high threshold for the decision to be made (60 or 70%) because they are societal changes that could radically change our world. > > ​ > > Thank you for reading my post ! ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_CBDC) to find submissions for other topics.

Mentions:#DAG

* Related Cointest topics: [DAG](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_dag), [Ethereum](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_ethereum), [IOTA](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_iota), [NANO](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_nano). * Related subreddits: r/Hedera, r/Ethereum, r/nanocurrency, r/Iota. * Sort comments as controversial first by [clicking here](/r/CryptoCurrency/comments/1ak9k1e/as_part_of_a_fiveyear_agreement_valued_at_250m/?sort=controversial). Doesn't work on mobile.

Mentions:#DAG#IOTA

Sorry if this has been asked before, I'm currently invested in DAG and XDC. I've been trying to research info on them positive and negative, but I can't seem to find recent news. It's like they're stagnant. I've been considering dropping those 2 and reallocating them into CSPR and HBAR. Any thoughts?

I'd say XRP's side chains are more similar to subnets on avalanche and that the X chain on avalanche is very different tech (append only DAG) but I can see how you could make that association. Avalanche probably has more composability than XRP so inter subnet communication is likely more elegant than having trusted witness servers on both sides of the chain as you do on XRP.

Mentions:#XRP#DAG

And yet you are the exception? With the places you post in...? I mean it's okay, I used to be a NEO and "DAG" fan. https://prnt.sc/8LApMZJcJpoN

Mentions:#NEO#DAG

Radix has its own novel DLT tech. No blockchain, no DAG, one of its kind with the peer-reviewed pre-sharded Cerberus. 

Mentions:#DLT#DAG

#Hedera Pro-Arguments Below is a Hedera pro-argument written by cryotosensei. > > 1. Unlike its Layer 1 (L1s) counterparts that use a blockchain consensus mechanism, Hedera employs a hashgraph consensus called the Directed Acyclic Graph (DAG) that is built on a public ledger. Hence, the nodes on Hedera can communicate randomly between each other without any constraints, thereby creating a graph of transactions over time. This shortens the transaction speed to about three to five seconds, making it fast and nimble. > 2. Hedera is designed to be extremely secure, as can be illustrated by how it has attained the asynchronous Byzantine Fault Tolerance (aBFT), which is the most rigorous security any consensus mechanism can provide. This makes it resilient against network attacks. Another factor that may set users’ minds at ease is that its network of nodes is governed by a worldwide coalition of prominent organisations like Google, IBM and DBS Bank (first and only bank in Southeast Asia). This ensures that the network is subjected to rigorous checks and balances. > 3. Hedera empowers developers to customise their applications and apply Understanding by Design principles. Its software development kit enables developers to integrate KYC and Anti-Money Laundering (AML) into their systems if they feel that these features are necessary. As such, Hedera apps can either be transparent and permissionless or private and permissioned. > 4. Because Hedera is fast, transparent and shares information equally, it is a useful tool to facilitate cross-border trade payments. In February 2021, Standard Bank Group pledged to partner Hedera Governing Council to establish the first Hedera network node in Africa. > > > > > References > > https://help.hedera.com/hc/en-us/articles/360000674097 > > https://chaindebrief.com/all-you-need-to-know-about-hedera-hba/ > > https://messari.io/article/hashing-it-out-with-hedera-hashgraph?utm_source=newsletter_top&utm_medium=organic_email&utm_campaign=hashing_it_out_with_hedera > > https://www.prnewswire.com/news-releases/standard-bank-group-establishes-africas-first-hedera-network-node-to-enable-much-needed-digitisation-of-cross-border-trade-processes-301234395.html > > https://hedera.com/blog/dbs-is-first-bank-in-southeast-asia-to-join-hedera-governing-council-and-run-network-node ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_hedera) to find submissions for other topics.

Mentions:#DAG

* Related Cointest topics: [DAG](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_dag), [Ethereum](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_ethereum), [IOTA](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_iota), [NANO](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_nano). * Related subreddits: r/Hedera, r/Ethereum, r/nanocurrency, r/Iota. * Sort comments as controversial first by [clicking here](/r/CryptoCurrency/comments/199ouyz/eqty_lab_brings_open_source_ai_integrity/?sort=controversial). Doesn't work on mobile.

Mentions:#DAG#IOTA

Do your homework on constellation aka $DAG

Mentions:#DAG

Koin is a baseless blockchain that is easy for developers to onboard. Alephemium is a blockchain that makes development easy as well. Do your research. Both blockchains are better than Algorand. Kaspa is based on the DAG protocol. It’s faster and cheaper than Bitcoin.

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), [Hedera](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_hedera). * Relevant subreddits: r/NanoCurrency, r/IOTA, r/Obyte. * Sort comments as controversial first by [clicking here](/r/CryptoCurrency/comments/19402oa/hello_reddit_were_giving_away_500_nano_500_and/?sort=controversial). Doesn't work on mobile.

Mentions:#DAG#IOTA

* 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), [Hedera](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_hedera). * Relevant subreddits: r/NanoCurrency, r/IOTA, r/Obyte. * Sort comments as controversial first by [clicking here](/r/CryptoCurrency/comments/19402oa/hello_reddit_were_giving_away_500_nano_500_and/?sort=controversial). Doesn't work on mobile.

Mentions:#DAG#IOTA

* 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), [Hedera](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_hedera). * Relevant subreddits: r/NanoCurrency, r/IOTA, r/Obyte. * Sort comments as controversial first by [clicking here](/r/CryptoCurrency/comments/19402oa/hello_reddit_were_giving_away_500_nano_500_and/?sort=controversial). Doesn't work on mobile.

Mentions:#DAG#IOTA

* 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), [Hedera](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_hedera). * Relevant subreddits: r/NanoCurrency, r/IOTA, r/Obyte. * Sort comments as controversial first by [clicking here](/r/CryptoCurrency/comments/19402oa/hello_reddit_were_giving_away_500_nano_500_and/?sort=controversial). Doesn't work on mobile.

Mentions:#DAG#IOTA

* 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), [Hedera](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_hedera). * Relevant subreddits: r/NanoCurrency, r/IOTA, r/Obyte. * Sort comments as controversial first by [clicking here](/r/CryptoCurrency/comments/19402oa/hello_reddit_were_giving_away_500_nano_500_and/?sort=controversial). Doesn't work on mobile.

Mentions:#DAG#IOTA

#Nano Pro-Arguments Below is a Nano pro-argument written by Shippior. > 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? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Nano) to find submissions for other topics.

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), [Hedera](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_hedera). * Relevant subreddits: r/NanoCurrency, r/IOTA, r/Obyte. * Sort comments as controversial first by [clicking here](/r/CryptoCurrency/comments/19402oa/hello_reddit_were_giving_away_500_nano_500_and/?sort=controversial). Doesn't work on mobile.

Mentions:#DAG#IOTA

#Nano Pro-Arguments Below is a Nano pro-argument written by Shippior. > 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? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Nano) to find submissions for other topics.

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), [Hedera](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_hedera). * Relevant subreddits: r/NanoCurrency, r/IOTA, r/Obyte. * Sort comments as controversial first by [clicking here](/r/CryptoCurrency/comments/19402oa/hello_reddit_were_giving_away_500_nano_500_and/?sort=controversial). Doesn't work on mobile.

Mentions:#DAG#IOTA

* 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), [Hedera](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_hedera). * Relevant subreddits: r/NanoCurrency, r/IOTA, r/Obyte. * Sort comments as controversial first by [clicking here](/r/CryptoCurrency/comments/19402oa/hello_reddit_were_giving_away_500_nano_500_and/?sort=controversial). Doesn't work on mobile.

Mentions:#DAG#IOTA

* 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), [Hedera](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_hedera). * Relevant subreddits: r/NanoCurrency, r/IOTA, r/Obyte. * Sort comments as controversial first by [clicking here](/r/CryptoCurrency/comments/19402oa/hello_reddit_were_giving_away_500_nano_500_and/?sort=controversial). Doesn't work on mobile.

Mentions:#DAG#IOTA

* 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), [Hedera](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_hedera). * Relevant subreddits: r/NanoCurrency, r/IOTA, r/Obyte. * Sort comments as controversial first by [clicking here](/r/CryptoCurrency/comments/19402oa/hello_reddit_were_giving_away_500_nano_500_and/?sort=controversial). Doesn't work on mobile.

Mentions:#DAG#IOTA

big blocks is a flawed concept, period. The bells and whistles don't matter if it doesn't scale. RE the Asic debate, a lot of people get this wrong. First of all, any PoW has Asics, the only question is how distributed those asics are. Once the asics are optimized to the algo (as with BTC), the odds are actually even again for anyone with the money to invest in a single asic. And if you're dreaming of mining as a poor person with a laptop, that isn't possible even without asics for a popular coin, simply due to the sheer hashrate involved from how many miners there are. RE the DAG complaint, this extra algorithmic layer allows scaling to an actual currency AND fixes MEV (this narrative has not been understood by nearly anyone yet concerning Kaspa and will be a big deal in some years). So yes it is absolutely justified. BTC was once untested, if you don't want to take the risk that's fine.

Mentions:#BTC#DAG#MEV

bells and whistles that elevates it from simple money in a very significant way. kaspa may be scalable but at what cost? ASIC mining results in heavy consentration of control of the hashrate, and whales owning huge wallets which has already happened on kaspa. furthermore the DAG technology in Kaspa requires an extra algorithmic layer which introduces an unknown vulnerability, only time will tell if that is exploited or not. Doesnt sound like something I would want to be parking my funds in just to wait and see. Because in the meantime I have other ways to send and receive funds and it doesnt need to be instantaneous if its decentralised and secure

Mentions:#DAG

>No, bitcoin wouldn’t be able to handle all the transactions . Only a DLT could achieve all those transaction what? btc *is* a DLT. >hence why they will be using Hedera. and the article doesn't say anything about hedera. and hedera's a DAG anyways, which is not cryptocurrency, so I don't understand why you'd even post that here. >Look what bitcoin ordinals did to the network. Now imagine that times 100x I thought we were talking about verifying a picture. that doesn't require hundreds of transactions a second...

Mentions:#DLT#DAG

I bought QTUM, DAG, VET 2 year back and I’m tryna just get my money back on those and Chuck it into ETH or BTC. Shit ass coins.

Lolllll, an unfinished, semi-broken DAG without development funds... Nano will die a slow death. Zero adoption currency

Mentions:#DAG

#CBDC Pro-Arguments Below is a CBDC pro-argument written by Nostalg33k. > # Central Bank Digital Currencies (CBDC), what do they solve, why they are the best ? > > ​ > > A Central Bank Digital Currency is NOT a game changer, most people already use "digital money" through their credit card. So the question everyone should ask is, "What do digital currencies solve?". Actually a loooot of problems. > > ​ > > # 1) Money creation: From banks to Central banks, bring the power back to the state and not the profiteering industry. > > CBDC's if they replace normal currencies would not allow banks to lend money they don't have. This can be seen as a problem until you put inflation into the equation. Everyone is currently lambasting about inflation and money creation from the State BUT the fact is that money creation is done principally by private banks and not by the State. > > ​ > > For one dollar in the banking system, they can lend up to 10 dollars with a fractional reserve. While we could believe in free markets before the ecological crisis we are living through and before the oil industry price gouged the population through the non-exploitation of government leases. Right now, a lot of industries are in need of government planning to switch from cheap energy relying on existing infrastructure to go towards renewables and new infrastructure. This planning require governments to have a better control of the economy. CBDC's can provide this control by controlling the credit industry. > > ​ > > # 2) The extinction of trafic and tax evasion > > Another big aspect of CBDC's is their traceability. Through blockchain, it would be far easier to look for suspect transactions. This would kill the drug industry and allow to properly tax people. By taking control of the money supply and requiring a reason for each transactions, it would be far harder to have illegal activities and to evade the taxation system which provides for our governments, (roads, infrastructure, healthcare,...) > > # 3) Multiple specialized money. > > Governments aiming to plan their economies in a better way would be able to introduce different currencies. For example, welfare could be given in a money that is specialized toward food or rent. While intrusive this would allow certain sectors of the economy to be excluded from the free market. > > # 4) Data collection, Instant transactions and practical. > > CBDCs if they don't replace cash as a whole still provide an important service to our societies and should replace digital transactions currently done with your account balance. If they are backed by a blockchain using DAG or an infrastructure allowing for instant transaction, they can be very practical and allow us to have a better understanding of spending. With implementation of anonymisation of the data, we could give this date to different economist and other planners to understand how we can provide better services and better goods to people. > > ​ > > # 5) A good introduction to Cryptocurrency, wallet management and other aspects of the digital economy. > > CBDCs can be a very good pedagogic tool to help people realize that their currencies can be exist on a blockchain. If the wallet is compatible with Meta-mask and other wallet managers , then it could help people to use crypto related software. They could even be signing smart contracts and swap their coins. > > ​ > > # 6) Technical side, a diversity of possibilities all which their advantages and problems. > > ​ > > On the more technical aspect of CBDCs, there is a large diversity of possibility because each central bank can have their own design. > > An example can be the Bank of England: [The CBDC Project in the UK](https://www.bankofengland.co.uk/research/digital-currencies#:~:text=to%20contact%20us-,What%20is%20central%20bank%20digital%20currency%3F,a%20computer%20or%20similar%20device) > > The Bank of England's CBDC would co-exist with cash. While this page doesn't explain the technical side, one can be surprised that they don't seem to be looking at the blockchain technology as [their paper on New forms of money](https://www.bankofengland.co.uk/paper/2021/new-forms-of-digital-money) shows. > > The world blockchain is only mentioned when discussing the possibility to regulate stablecoins. > > ​ > > One could ask what is the point of this CBDC since wire transfers exist:"What Is a Wire Transfer? > A wire transfer is an electronic transfer of funds via a network that is administered by banks and transfer service agencies around the world. Wire transfers involve a sending and receiving institution and require information from the party initiating the transfer, such as the receiver's name and account number. > Wire transfers don't actually involve the physical exchange of cash but are settled electronically."[Source](https://www.investopedia.com/terms/w/wiretransfer.asp#:~:text=Wire%20transfers%20involve%20a%20sending,cash%20but%20are%20settled%20electronically) > > # Conclusion: > > CBDCs are the best for the current era, we need to be able to plan the economy and to fight turbulences while we resolve the chalenges of the era. The only question, as shown by the UK proposition of a CBDC is: Will the governments be able to leverage the CBDCs. CBDCs are cool if we accept a bit of intrusion in our financial lives. They could provide a way to stop trafics and to do financial planning, to introduce multiple specialized currencies and many other points. > > ​ > > These should be introduced through referendums with a very high threshold for the decision to be made (60 or 70%) because they are societal changes that could radically change our world. > > ​ > > Thank you for reading my post ! ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_CBDC) to find submissions for other topics.

Mentions:#DAG

tldr; Hedera Hashgraph (HBAR) is a distributed ledger technology that stands out for its efficient and secure consensus mechanism, Gossip about Gossip protocol, which does not rely on proof-of-work or proof-of-stake. It uses a directed acyclic graph (DAG) for recording transactions, ensuring fast and fair ordering without miners. Hedera is suitable for enterprise applications due to its asynchronous Byzantine Fault Tolerance (aBFT), low fees, high throughput, and secure Hedera Consensus Service (HCS). It is scalable, making it ideal for supply chain management and financial services, and offers solutions for seamless integration with legacy systems and interoperability with other blockchain platforms. Hedera is designed with regulatory compliance in mind and has a governance model involving a diverse council, adding trust and reliability for enterprise use. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

r/CryptoCurrencySee Comment

Whats everyone alt coin picks? I like DAG, matic, AKT, Good, Link,

Mentions:#DAG#AKT
r/CryptoCurrencySee Comment

DAG’s will be the 2024 trend

Mentions:#DAG
r/CryptoCurrencySee Comment

Elrond (Multiverse X) good Dex, Community support, I think it could reach it ATH again. Matic - Long time holder, works well. Link Dot Millix - Their own DAG, has a ETH Bridge, Their own Social Network (Tangled Social), Play to earn platform (Cobra Helix), and their Web Browser with built in wallet and node (Tangled), its a great hidden gem, but they need to start promoting it already,

Mentions:#DAG#ETH
r/CryptoCurrencySee Comment

Nano's lack of inflation is makes it more decentralized over time and its scalability is unmatched due to its unique (DAG) design and lightweight architecture. Instead of weaknesses, these strengths have captivated those who are passionate about technology and drawn them to Nano.

Mentions:#DAG
r/CryptoCurrencySee Comment

#Avalanche Pro-Arguments Below is a Avalanche pro-argument written by a deleted user. > Avalanche is a relatively-new (only 1.5 years old) multi-blockchain crypto project whose token, AVAX, shot up into the top 10 cryptocurrencies by market cap in just 1 year. It has since fallen a bit. > > It has 3 chains on its primary network (C-Chain, X-Chain, P-Chain) and many subnets. The C-Chain is the most-used chain and almost the only one that's used by exchanges. > > I have a separate summary of [Avalanche here](https://np.reddit.com/r/MPlankton/comments/ukjt2e/avalanche_research_summary/) that discusses the platform in more detail. > > This post only lists the PROs > > ##PROs > > * The C-Chain uses an account model for transactions and is EVM-compatible. So it's easy for devs to create apps that bridge between EVM-compatible networks. > * The C-Chain EVM has many optimizations which make it much more gas-efficient than Ethereum. Most smart contract transactions cost pennies on the Avalanche network. > > **Low Transaction Costs** > > * C-Chain basic transactions (e.g. transfers/swaps) currently [$.03-$.10](https://snowtrace.io/gastracker) after the Crabada DeFi game moved to its subnet. This is way cheaper than using Ethereum (both before and after The Merge). Like Ethereum, the C-Chain also spam-resistant due to variable transaction fees. When the network was 30% congested while Crabada was running on the C-Chain, transaction fees were still only between $0.30 to $1.5 to execute. > * X-Chain and P-Chain transaction fees are fixed at a low [0.001 AVAX](https://docs.avax.network/learn/platform-overview/transaction-fees/), which are currently $0.05 - $0.10 USD (Apr 2022). Both are spam-resistant because you'd need to spend over $1M USD / hour in transaction fees before they start seeing congestion. > * However, note that transaction fees are kept artificially low because validators are paid by staking rewards, which creates high inflation (over 10%) on the circulating supply. > > **High performance and speed** > > * **Extremely fast finality**: All 3 primary chains have an extremely-fast [1-2 second deterministic finality](https://docs.avax.network/build/tutorials/platform/integrate-exchange-with-avalanche/). Avalanche uses Snow, which is a fast BFT-like consensus protocol that uses a DAG structure for network gossip. Most other BFT-class blockchains have a moderately-slower 4-10s finality time. > * **Moderately-fast TPS**: > * **C-Chain**: Highest achieved TPS was [869](https://stats.avax.network/dashboard/c-chain-activity/) on the C-Chain, which accounts for over 99% of Avalanche transactions. This is already 50x higher than Ethereum's maximum TPS of ~16 TPS. The maximum TPS depends on the type of smart contracts it sees (300 bytes on average). Currently, the Avalanche C-Chain is only seeing [10-40 TPS](https://snowtrace.io/chart/tx) because it doesn't get that many transaction requests. These are mostly from the Crabada game that's going to move into its own subnet. > * **X-Chain**: This is often quoted to be the 4500 TPS network of Avalanche (though it's quite misleading because this chain gets very little usage compared to the C-Chain). The X-Chain uses UTXO transactions and does not support smart contracts, so it's best compared to the Bitcoin network. 4500 TPS is orders of magnitude faster than Bitcoin's 5-7 TPS. In ideal test situations (150 nodes, 10kb blocks), the X-Chain can get [up to 7000 TPS](https://assets.website-files.com/5d80307810123f5ffbb34d6e/6009805681b416f34dcae012_Avalanche%20Consensus%20Whitepaper.pdf). > * **P-Chain**: The P-Chain is very similar to the X-Chain. Its purpose is for governance, staking, validators, and subnet management. Its 4500 TPS limit is way more than it will ever need. > * **High uptime**: Avalanche's primary network has had no outages. Aside from a brief minting bug in Feb 2022, it has not experienced any noticeable congestion. > > **Supports Application-Specific sidechains: Subnets** > > In addition, Avalanche uses subnets to build application-specific blockchains that connect weakly to its ecosystem. > > * Subnets allows communities to create their own flexible sidechains that are loosely connected to the Avalanche's primary network. Subnets gain access to Avalanches infrastructure and framework, but not its security. They can have their own consensus model, decide the requirements for validators, be public or private, and have their own native token for transaction fees. > * Subnet validators must validate the Primary network, which in turns validates the 3 built-in networks. As the number of subnets grow, they will contribute to the overall security and decentralization of Avalanche's primary network (but not vice-versa). ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Avalanche) to find submissions for other topics.

Mentions:#AVAX#BFT#DAG
r/CryptoCurrencySee Comment

There is never an universal disdain of love from the whole community to any coins, even the most popular ones like BTC and ETH or most hated ones like safemoon, you will always get those who have the unpopular opinion. Every crypto has its cons and pros some have a lot of cons, some have very little. Shile I don't think Solana is some scam or anything, I dislike it because I don't think it's bult right and upholding the core ideals of crypto. It's builtfor maximizing speed of user transactions, but they sacriciced a lot of very important things to get that. One is that they have to use a lot of validator gossip transaction to store on the chain that are needed there for various reasons like staking or whatever. That's not very storage efficient. The blockchain is probably huge. On blockchain you want to be as eficient as possible so that the validators don't have to buy heaps of data storage to be able to run it. And that takes me to mthe most important sacrifice they made - centralization. One of thhe most important, and i would say the most important, reason why crypto has been intvented is that crypto has been made as a solution to the centralized nature of money, the founders like satoshui etc were fed up with govermnments and banks having absolute control over the money, cenzoring people, freezing and taking their moeny for whatqever reasons even the corrupt or unjust ones, and they can freely print as much money as they want and give them to the rich, reducing the value of saving of normal people, and so on. Crypto has been invented as the alternative where people will finally get their own monoey that the people run and government couldn''t easily take eway from them or devalue. When you make a centralized crypto like solana did, it's defeating this main reason why we invented cryprto in the first place. Sure they can benefit the ecosystem by giving us those fast cheap options, jsut don't be upset when they fuck up and fail or shut down because they are centralized so the small group of people running it have powert over what they can do with it. There are other cryptos that are still fast and cheap, while still being decentralized. For example DAG ones, like COTI, or Cardano, or Nano (that is probably among the fastest cheapest), etc...

r/CryptoCurrencySee Comment

I am GLAD I found this. I have been toying eith the idea of a "crypto index fund" so to speak and current projects and current worth is DAG $761 HBAR $445 SEI $325 FEED $144 AMP $137 Shib $89 Civic $45. at this point nothing too serious but thinking on New Years creating a more serious one the only "bluechip" in there is HBAR. If any of you were to formulate a theoretical crypto index fund for the year of 2024 and were expecting to put about 1k a month into 5 to 10 projects what would you pick??

r/CryptoCurrencySee Comment

referring to token unlocks, nice little pump today but every other project pumped today as well? Solana pumped way harder so idk why thats relevant. as for what excites me about hbar best use of DAG model ive seen; Fantom also uses some form of dag but im more impressed with what has been built on hedera, the low costs used to be a pull but now that so many other L1's are achieving similar feats its less impressive, dont wanna speak too much on the governing council, as it's not really tech related but imo its a really novel idea to have so many companies working with and providing input to the network, even if its getting a bit crowded and I heard some members arent as active as they're meant to be. hard not to mention the eco friendly aspects, although Algorand does many of the things hbar is known for as well but im sure both projects will do great longterm, whats the best part of hbar stack in your opinion? planning on stacking more hbar when the price tanks back to 2 cents, dont think we've even unlocked 70% of the tokens yet🤦‍♂️

Mentions:#DAG
r/CryptoCurrencySee Comment

* Related Cointest topics: [DAG](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_dag), [Ethereum](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_ethereum), [IOTA](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_iota), [NANO](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_nano). * Related subreddits: r/Hedera, r/Ethereum, r/nanocurrency, r/Iota. * Sort comments as controversial first by [clicking here](/r/CryptoCurrency/comments/18mwmmt/scrutinizing_the_environmental_impact_of_hedera/?sort=controversial). Doesn't work on mobile.

Mentions:#DAG#IOTA
r/CryptoCurrencySee Comment

Hedera Hashgraph (HBAR) presents an innovative solution to mitigate the energy crisis within blockchain technology. Its Hashgraph consensus algorithm, which employs a directed acyclic graph (DAG) structure, ensures rapid, secure, and equitable transaction processing. HBAR’s impressive energy efficiency, coupled with its real-world success stories across various industries, underscores its potential to disrupt the blockchain landscape. Despite scalability challenges and regulatory considerations, HBAR’s commitment to environmental sustainability positions it as a promising alternative for those seeking a greener and more sustainable future for blockchain. While navigating this shift, you might explore options such as “Bitcoin Era” to facilitate your blockchain activities.

Mentions:#HBAR#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), [Hedera](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_hedera). * Relevant subreddits: r/NanoCurrency, r/IOTA, r/Obyte. * Sort comments as controversial first by [clicking here](/r/CryptoCurrency/comments/18mszzh/chart_correlation_xnousd_vs_btc_feeusd_bitcoin/?sort=controversial). Doesn't work on mobile.

Mentions:#DAG#IOTA
r/CryptoCurrencySee Comment

If you’re looking for long term, look into constellation network (DAG). They have an actual partnership (not just affiliation) with the US DoD and are vetted and have some good technology already, they’ve just been hesitant to do PR rollouts until they’re more functional, let the tech develop first. Hypergraph technology will be vital for the overload of data which I think they will likely be a main player. Can’t say for sure, and it’s no moon coin, but has solid utility and they have been just quietly working away with regular updates I’ve been following. Tokenicer on YouTube has them as one of their selected few key projects to follow for the future that they believe in. I do own some and am selling all my other bags this upcoming bull besides my btc, eth, and constellation,

Mentions:#DAG
r/CryptoCurrencySee Comment

$ZNN Small community run L1 with some big brained tech to add programmability and scale bitcoin in a trustless decentralized way acting as an L2. Uses the same DAG as nano so you can transact without fees, tokenomics are good something like 90% of native assets are locked in infrastructure with no pre sales or shady allocations to insiders. Good project.

Mentions:#ZNN#DAG
r/CryptoCurrencySee Comment

It's designed to do one thing and one thing only - facilitate transactions or movement of value. And it does this incredibly well. It's free at the point of use (no fees), uses DAG technology to give final confirmation in only seconds. It deliberately does not have or include any kind of other use cases like smart contracts, sub-chains etc etc. That's it, simple as that. It does one thing and it does it better than any other crypto I've come across out there.

Mentions:#DAG
r/CryptoCurrencySee Comment

It’s on the DAG Protocol. So yes it is but it’s newer technology and faster.

Mentions:#DAG
r/CryptoCurrencySee Comment

ETH: OG smart contract L1, rollups help the gas issue AVAX: Long-term, best interoperability protocol IMO ICP: Believe in the work being done, end vision of the project FTM: Best DAG implementation to date, tokens almost all distributed

r/CryptoCurrencySee Comment

#CBDC Pro-Arguments Below is a CBDC pro-argument written by Nostalg33k. > # Central Bank Digital Currencies (CBDC), what do they solve, why they are the best ? > > ​ > > A Central Bank Digital Currency is NOT a game changer, most people already use "digital money" through their credit card. So the question everyone should ask is, "What do digital currencies solve?". Actually a loooot of problems. > > ​ > > # 1) Money creation: From banks to Central banks, bring the power back to the state and not the profiteering industry. > > CBDC's if they replace normal currencies would not allow banks to lend money they don't have. This can be seen as a problem until you put inflation into the equation. Everyone is currently lambasting about inflation and money creation from the State BUT the fact is that money creation is done principally by private banks and not by the State. > > ​ > > For one dollar in the banking system, they can lend up to 10 dollars with a fractional reserve. While we could believe in free markets before the ecological crisis we are living through and before the oil industry price gouged the population through the non-exploitation of government leases. Right now, a lot of industries are in need of government planning to switch from cheap energy relying on existing infrastructure to go towards renewables and new infrastructure. This planning require governments to have a better control of the economy. CBDC's can provide this control by controlling the credit industry. > > ​ > > # 2) The extinction of trafic and tax evasion > > Another big aspect of CBDC's is their traceability. Through blockchain, it would be far easier to look for suspect transactions. This would kill the drug industry and allow to properly tax people. By taking control of the money supply and requiring a reason for each transactions, it would be far harder to have illegal activities and to evade the taxation system which provides for our governments, (roads, infrastructure, healthcare,...) > > # 3) Multiple specialized money. > > Governments aiming to plan their economies in a better way would be able to introduce different currencies. For example, welfare could be given in a money that is specialized toward food or rent. While intrusive this would allow certain sectors of the economy to be excluded from the free market. > > # 4) Data collection, Instant transactions and practical. > > CBDCs if they don't replace cash as a whole still provide an important service to our societies and should replace digital transactions currently done with your account balance. If they are backed by a blockchain using DAG or an infrastructure allowing for instant transaction, they can be very practical and allow us to have a better understanding of spending. With implementation of anonymisation of the data, we could give this date to different economist and other planners to understand how we can provide better services and better goods to people. > > ​ > > # 5) A good introduction to Cryptocurrency, wallet management and other aspects of the digital economy. > > CBDCs can be a very good pedagogic tool to help people realize that their currencies can be exist on a blockchain. If the wallet is compatible with Meta-mask and other wallet managers , then it could help people to use crypto related software. They could even be signing smart contracts and swap their coins. > > ​ > > # 6) Technical side, a diversity of possibilities all which their advantages and problems. > > ​ > > On the more technical aspect of CBDCs, there is a large diversity of possibility because each central bank can have their own design. > > An example can be the Bank of England: [The CBDC Project in the UK](https://www.bankofengland.co.uk/research/digital-currencies#:~:text=to%20contact%20us-,What%20is%20central%20bank%20digital%20currency%3F,a%20computer%20or%20similar%20device) > > The Bank of England's CBDC would co-exist with cash. While this page doesn't explain the technical side, one can be surprised that they don't seem to be looking at the blockchain technology as [their paper on New forms of money](https://www.bankofengland.co.uk/paper/2021/new-forms-of-digital-money) shows. > > The world blockchain is only mentioned when discussing the possibility to regulate stablecoins. > > ​ > > One could ask what is the point of this CBDC since wire transfers exist:"What Is a Wire Transfer? > A wire transfer is an electronic transfer of funds via a network that is administered by banks and transfer service agencies around the world. Wire transfers involve a sending and receiving institution and require information from the party initiating the transfer, such as the receiver's name and account number. > Wire transfers don't actually involve the physical exchange of cash but are settled electronically."[Source](https://www.investopedia.com/terms/w/wiretransfer.asp#:~:text=Wire%20transfers%20involve%20a%20sending,cash%20but%20are%20settled%20electronically) > > # Conclusion: > > CBDCs are the best for the current era, we need to be able to plan the economy and to fight turbulences while we resolve the chalenges of the era. The only question, as shown by the UK proposition of a CBDC is: Will the governments be able to leverage the CBDCs. CBDCs are cool if we accept a bit of intrusion in our financial lives. They could provide a way to stop trafics and to do financial planning, to introduce multiple specialized currencies and many other points. > > ​ > > These should be introduced through referendums with a very high threshold for the decision to be made (60 or 70%) because they are societal changes that could radically change our world. > > ​ > > Thank you for reading my post ! ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_CBDC) to find submissions for other topics.

Mentions:#DAG
r/CryptoCurrencySee Comment

A blockchain is a DAG, lmao.

Mentions:#DAG
r/CryptoCurrencySee Comment

Nano uses DAG instead of using a blockchain. It allows for fealess transactions. It's actually amazing.

Mentions:#DAG
r/CryptoCurrencySee Comment

* Related Cointest topics: [DAG](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_dag), [Ethereum](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_ethereum), [IOTA](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_iota), [NANO](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_nano). * Related subreddits: r/Hedera, r/Ethereum, r/nanocurrency, r/Iota. * Sort comments as controversial first by [clicking here](/r/CryptoCurrency/comments/18judsi/flutterwave_the_leading_unicorn_in_africa_has/?sort=controversial). Doesn't work on mobile.

Mentions:#DAG#IOTA
r/BitcoinSee Comment

Vertcoin is a project spun out of bitcoin and development is still maintained by the Bitcoin foundation. They are identical except that Vertcoin has been intentionally kept GPU mineable by limiting the DAG size and the cap on coins is much higher. The 51% attacks on Vertcoin are the best real-world scenario we have of what one on bitcoin would look like. A lot of lessons were learned from the former to be applied to the latter, and the Bitcoin Core was hardened as a result of research done by Vertcoin devs (many of whom also are bitcoin devs).

Mentions:#DAG
r/CryptoMarketsSee Comment

#CBDC Pro-Arguments Below is a CBDC pro-argument written by Nostalg33k. > # Central Bank Digital Currencies (CBDC), what do they solve, why they are the best ? > > ​ > > A Central Bank Digital Currency is NOT a game changer, most people already use "digital money" through their credit card. So the question everyone should ask is, "What do digital currencies solve?". Actually a loooot of problems. > > ​ > > # 1) Money creation: From banks to Central banks, bring the power back to the state and not the profiteering industry. > > CBDC's if they replace normal currencies would not allow banks to lend money they don't have. This can be seen as a problem until you put inflation into the equation. Everyone is currently lambasting about inflation and money creation from the State BUT the fact is that money creation is done principally by private banks and not by the State. > > ​ > > For one dollar in the banking system, they can lend up to 10 dollars with a fractional reserve. While we could believe in free markets before the ecological crisis we are living through and before the oil industry price gouged the population through the non-exploitation of government leases. Right now, a lot of industries are in need of government planning to switch from cheap energy relying on existing infrastructure to go towards renewables and new infrastructure. This planning require governments to have a better control of the economy. CBDC's can provide this control by controlling the credit industry. > > ​ > > # 2) The extinction of trafic and tax evasion > > Another big aspect of CBDC's is their traceability. Through blockchain, it would be far easier to look for suspect transactions. This would kill the drug industry and allow to properly tax people. By taking control of the money supply and requiring a reason for each transactions, it would be far harder to have illegal activities and to evade the taxation system which provides for our governments, (roads, infrastructure, healthcare,...) > > # 3) Multiple specialized money. > > Governments aiming to plan their economies in a better way would be able to introduce different currencies. For example, welfare could be given in a money that is specialized toward food or rent. While intrusive this would allow certain sectors of the economy to be excluded from the free market. > > # 4) Data collection, Instant transactions and practical. > > CBDCs if they don't replace cash as a whole still provide an important service to our societies and should replace digital transactions currently done with your account balance. If they are backed by a blockchain using DAG or an infrastructure allowing for instant transaction, they can be very practical and allow us to have a better understanding of spending. With implementation of anonymisation of the data, we could give this date to different economist and other planners to understand how we can provide better services and better goods to people. > > ​ > > # 5) A good introduction to Cryptocurrency, wallet management and other aspects of the digital economy. > > CBDCs can be a very good pedagogic tool to help people realize that their currencies can be exist on a blockchain. If the wallet is compatible with Meta-mask and other wallet managers , then it could help people to use crypto related software. They could even be signing smart contracts and swap their coins. > > ​ > > # 6) Technical side, a diversity of possibilities all which their advantages and problems. > > ​ > > On the more technical aspect of CBDCs, there is a large diversity of possibility because each central bank can have their own design. > > An example can be the Bank of England: [The CBDC Project in the UK](https://www.bankofengland.co.uk/research/digital-currencies#:~:text=to%20contact%20us-,What%20is%20central%20bank%20digital%20currency%3F,a%20computer%20or%20similar%20device) > > The Bank of England's CBDC would co-exist with cash. While this page doesn't explain the technical side, one can be surprised that they don't seem to be looking at the blockchain technology as [their paper on New forms of money](https://www.bankofengland.co.uk/paper/2021/new-forms-of-digital-money) shows. > > The world blockchain is only mentioned when discussing the possibility to regulate stablecoins. > > ​ > > One could ask what is the point of this CBDC since wire transfers exist:"What Is a Wire Transfer? > A wire transfer is an electronic transfer of funds via a network that is administered by banks and transfer service agencies around the world. Wire transfers involve a sending and receiving institution and require information from the party initiating the transfer, such as the receiver's name and account number. > Wire transfers don't actually involve the physical exchange of cash but are settled electronically."[Source](https://www.investopedia.com/terms/w/wiretransfer.asp#:~:text=Wire%20transfers%20involve%20a%20sending,cash%20but%20are%20settled%20electronically) > > # Conclusion: > > CBDCs are the best for the current era, we need to be able to plan the economy and to fight turbulences while we resolve the chalenges of the era. The only question, as shown by the UK proposition of a CBDC is: Will the governments be able to leverage the CBDCs. CBDCs are cool if we accept a bit of intrusion in our financial lives. They could provide a way to stop trafics and to do financial planning, to introduce multiple specialized currencies and many other points. > > ​ > > These should be introduced through referendums with a very high threshold for the decision to be made (60 or 70%) because they are societal changes that could radically change our world. > > ​ > > Thank you for reading my post ! ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_CBDC) to find submissions for other topics.

Mentions:#DAG
r/CryptoMarketsSee Comment

#CBDC Pro-Arguments Below is a CBDC pro-argument written by Nostalg33k. > # Central Bank Digital Currencies (CBDC), what do they solve, why they are the best ? > > ​ > > A Central Bank Digital Currency is NOT a game changer, most people already use "digital money" through their credit card. So the question everyone should ask is, "What do digital currencies solve?". Actually a loooot of problems. > > ​ > > # 1) Money creation: From banks to Central banks, bring the power back to the state and not the profiteering industry. > > CBDC's if they replace normal currencies would not allow banks to lend money they don't have. This can be seen as a problem until you put inflation into the equation. Everyone is currently lambasting about inflation and money creation from the State BUT the fact is that money creation is done principally by private banks and not by the State. > > ​ > > For one dollar in the banking system, they can lend up to 10 dollars with a fractional reserve. While we could believe in free markets before the ecological crisis we are living through and before the oil industry price gouged the population through the non-exploitation of government leases. Right now, a lot of industries are in need of government planning to switch from cheap energy relying on existing infrastructure to go towards renewables and new infrastructure. This planning require governments to have a better control of the economy. CBDC's can provide this control by controlling the credit industry. > > ​ > > # 2) The extinction of trafic and tax evasion > > Another big aspect of CBDC's is their traceability. Through blockchain, it would be far easier to look for suspect transactions. This would kill the drug industry and allow to properly tax people. By taking control of the money supply and requiring a reason for each transactions, it would be far harder to have illegal activities and to evade the taxation system which provides for our governments, (roads, infrastructure, healthcare,...) > > # 3) Multiple specialized money. > > Governments aiming to plan their economies in a better way would be able to introduce different currencies. For example, welfare could be given in a money that is specialized toward food or rent. While intrusive this would allow certain sectors of the economy to be excluded from the free market. > > # 4) Data collection, Instant transactions and practical. > > CBDCs if they don't replace cash as a whole still provide an important service to our societies and should replace digital transactions currently done with your account balance. If they are backed by a blockchain using DAG or an infrastructure allowing for instant transaction, they can be very practical and allow us to have a better understanding of spending. With implementation of anonymisation of the data, we could give this date to different economist and other planners to understand how we can provide better services and better goods to people. > > ​ > > # 5) A good introduction to Cryptocurrency, wallet management and other aspects of the digital economy. > > CBDCs can be a very good pedagogic tool to help people realize that their currencies can be exist on a blockchain. If the wallet is compatible with Meta-mask and other wallet managers , then it could help people to use crypto related software. They could even be signing smart contracts and swap their coins. > > ​ > > # 6) Technical side, a diversity of possibilities all which their advantages and problems. > > ​ > > On the more technical aspect of CBDCs, there is a large diversity of possibility because each central bank can have their own design. > > An example can be the Bank of England: [The CBDC Project in the UK](https://www.bankofengland.co.uk/research/digital-currencies#:~:text=to%20contact%20us-,What%20is%20central%20bank%20digital%20currency%3F,a%20computer%20or%20similar%20device) > > The Bank of England's CBDC would co-exist with cash. While this page doesn't explain the technical side, one can be surprised that they don't seem to be looking at the blockchain technology as [their paper on New forms of money](https://www.bankofengland.co.uk/paper/2021/new-forms-of-digital-money) shows. > > The world blockchain is only mentioned when discussing the possibility to regulate stablecoins. > > ​ > > One could ask what is the point of this CBDC since wire transfers exist:"What Is a Wire Transfer? > A wire transfer is an electronic transfer of funds via a network that is administered by banks and transfer service agencies around the world. Wire transfers involve a sending and receiving institution and require information from the party initiating the transfer, such as the receiver's name and account number. > Wire transfers don't actually involve the physical exchange of cash but are settled electronically."[Source](https://www.investopedia.com/terms/w/wiretransfer.asp#:~:text=Wire%20transfers%20involve%20a%20sending,cash%20but%20are%20settled%20electronically) > > # Conclusion: > > CBDCs are the best for the current era, we need to be able to plan the economy and to fight turbulences while we resolve the chalenges of the era. The only question, as shown by the UK proposition of a CBDC is: Will the governments be able to leverage the CBDCs. CBDCs are cool if we accept a bit of intrusion in our financial lives. They could provide a way to stop trafics and to do financial planning, to introduce multiple specialized currencies and many other points. > > ​ > > These should be introduced through referendums with a very high threshold for the decision to be made (60 or 70%) because they are societal changes that could radically change our world. > > ​ > > Thank you for reading my post ! ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_CBDC) to find submissions for other topics.

Mentions:#DAG
r/CryptoCurrencySee Comment

All old 1st gen Blockchains are basically dead men walking. Okay BTC is special and ETH had the prime position in a few places with their layer 2 Projects like MATIC and stuff but why would you use a very cost, energy and time inefficient chain? I believe in DLT and DAG architecture and it's no surprise banks and enterprises do the same. 100.000 TPS, 0,0001€ transaction fee, nearly unhackable due to aBFT and very carbon friendly to the climate. That's the future. Yes I'm a HBARbarian. Hate me if you want.

r/BitcoinSee Comment

It is not the best currency, that would probably go to DAG based cryptos, bitcoin is one of the best stores of value.

Mentions:#DAG

Picture of Mars, Smart City, Starlink intertwined by a DAG. *wink-wink*

Mentions:#DAG
r/CryptoCurrencySee Comment

Sorry this took forever to get back to. So basically what they're doing is moving the blockchain scaling bottlenecks from the node software into dedicated mining hardware. This allows hundreds of thousands or even potentially millions of TPS on a proof-of-work UTXO blockchain. Never been done before, and it breaks the concept of the blockchain trilemma by tying security and scalability together. Both increase at the same time, decentralization not affected. They also have smart contracts, NFTs, etc. They're also working on something called the "Tailstorm" architecture, where they're going to have a mini-DAG inside each block. They already have instant confirmations based on mempool contents and double-spend proofs, but Tailstorm will make quick confirmations more trustworthy. Lots of stuff going on here that's never been seen before. I don't know if that was an elevator pitch lol. A long elevator ride I guess...

Mentions:#DAG
r/CryptoCurrencySee Comment

#CBDC Pro-Arguments Below is a CBDC pro-argument written by Nostalg33k. > # Central Bank Digital Currencies (CBDC), what do they solve, why they are the best ? > > ​ > > A Central Bank Digital Currency is NOT a game changer, most people already use "digital money" through their credit card. So the question everyone should ask is, "What do digital currencies solve?". Actually a loooot of problems. > > ​ > > # 1) Money creation: From banks to Central banks, bring the power back to the state and not the profiteering industry. >