DAG

CointestMod

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

CointestMod

* 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/1e0nah8/eviden_5b_yearly_revenue_and_the_iota_foundation/?sort=controversial). Doesn't work on mobile.

Purple_Bumblebee6

> I think if you could combine the tech of Kaspa and Monero somehow, that would be the ultimate electronic cash. Tangram is a project that came close to doing this. It was taking the privacy technology of Monero and a block DAG structure that allowed fast transactions. They got so far as to produce a functional but buggy alpha net. Unfortunately, the main developer has a very challenging personality. He alienated all of the other developers who are working with him, and he does not seem to be capable of producing the coin on his own.

sauciestwaters

Garbage you want quality buy KAS RNDR for large caps even INJ. Smaller 100x potential for one QUBIC founder of IOTA first creator of DAG first creator of pure PoS... and a top returning coin EVER . It's at lows right now I'd be accumulating. Many more I do this for living but NFA here. Just remember this post.

_TheWolfOfWalmart_

Bitcoin-like UTXO network, except a DAG and 10 blocks per second. It has a token ecosystem launching now as well. It's a trilemma solver with some really advanced tech. Thousands of TPS while still being PoW and is fair launched with no VCs to dump on your head. Seriously it does have some impressive technology behind it and is worth a look, there's a reason it's gone from rank #2000 to #27 now.

CointestMod

#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.

Aconyminomicon

Lol wow over 200k crypto Tx's, wow you must be so smart, now I know your too young to give advice so thanks but no thanks. I don't need the help of some liar. If you are so retired then what are you doing on here "helping me" huh? Its in your username. "Degenerate" was never used back in the days of mt gox and local bitcoins. I used to drive to a bank and deposit cash into someone's account and then come back and upload proof just to buy bitcoins while you were still sucking on some titties that were definitely related to you. If you want to act all high and mighty guy, go ahead and please tell me the difference between a DAG, Blockchain, PoS, PPoW, gossip about gossip protocols on hashgraph ledgers or anything relevant to DLT? Go ahead and chat gpt all that up because I can tell a liar when I read one.

Goandtry

My comment might get downlvoted or deleted, but I certainly believe IOTA will play a significant role during the next 10 years! yes, this is long-term investment, but just look at the development recently, their DAG technology, and their potential for institutions, corporations, and in general for infrastructure in WEB3, transaction layer and validation (identification). Btw, IOTA 2.0 is decentralized already which was main critique for years 

CointestMod

* 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/1dkbbeu/the_hashgraph_association_launches_the_first/?sort=controversial). Doesn't work on mobile.

LargeSnorlax

And that's what a lot of people come here for, the chance to enter a risky market for larger than usual gains. The mistake a lot of people make is marrying their alts. They tell themselves they've found the future of finance, or the next Bitcoin, or the protocol everyone will be using. IOT, DAG, Privacy, AI, it's a different narrative each cycle. That's why you have people who will be forever "accumulating" the alt of their dreams as the industry chugs on past.

CointestMod

* 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/1dg6xog/hedera_has_removed_community_runnable_nodes_from/?sort=controversial). Doesn't work on mobile.

HSuke

**Part 4** > One thing you have to understand is that there isn't really such a thing as deterministic finality. That's a good point. Many blockchains arbitrarily set the criteria for finality. Just because they set it at 1 block doesn't mean it's more or less "final" than a network that sets it at more blocks. > Interestingly, a selfish mining attack is quite measurable. The attack requires the attacker to post two successive valid blocks at the exact same time. Afaik, no selfish mining attacks on Bitcoin were ever recorded. > Selfish mining attacks on Kaspa are extremely complicated and very unprofitable. Ah, what I meant is that the attacker would use a withholding attack, and then other honest miners would join in their efforts due to selfish mining. The attacker itself isn't doing the selfish mining. > "Accidental client bugs" are an extremely huge concern, it is very baffling that you would downplay them this much. Proof-of-stake typically has an extremely intricate structure that is very hard to solidify. Exploits are a huge concern, and a very reasonable criticism of PoS. Oh definitely. I actually brought this up last year with the Ethereum community as the event most likely to cause an existential crisis, and they downplayed it as being too unlikely for multiple clients to hit the same bug. In Ethereum, if finality is reverted, the signing validators are fully-slashed. In reality, mistake aren't statistically independent events. If one client makes a mistake, there's a higher chance that another client will make the same mistake because people tend to make the same mistakes. There are easy coding and design traps to fall into. Eventually, there will be 2+ clients composing of a staking majority that will make the same mistake, and it might not be caught on a testnet. This could end up in a messy bailout situation. > GHOSTDAG is not a DAG version of GHOST I thought they were pretty similar. What's the difference then? * Isn't GHOST just heaviest weight, but uncle blocks are included in the weight calculations? * Isn't GHOSTDAG just GHOST, but uncle blocks and their transactions are included in the chain?

deshe

GHOSTDAG is not a DAG version of GHOST

deshe

> uses PHANTOM GHOSTDAG for consensus (a DAG variation of Ethereum's GHOST protocol) GHOSTDAG is not a DAG variation of GHOST, it is actually more accurate to describe it as a DAG variation of Bitcoin. Also, GHOST isn't Ethereum's. It was invented by Yonatan Sompolinsky, the same guy who invented GHOSTDAG. > Needs a very high number of confirmations for finality (1000+ confimrations, 100+ minutes?, this needs fact verification) It does not need a very high number of confirmations. Also 1000 confirmations would take about 17 minutes on mainnet, or 1.7 minutes on testnet. > has 1-3s average block times The average block time is 1 second on mainnet and 0.1 seconds on testnet11 > has very small blocks (usually 1-3 Tx per block) A Kaspa block can hold up to 300 transactions, we ran 3000TPS on testnet easily. > In general, PoW is less secure than PoS, but PoW has more censorship resistance and higher liveness than PoS. I would expect PoS DAGs like Nano and IOTA to be more secure but less resistant to liveness attacks than KASPA. But there are many design differences, so this is too simplified of a comparison. PoW is not less secure than PoS. > Kaspa does not natively support smart contracts or DeFi. It can emulate it off-chain in the same way than Ordinals and Inscriptions have emulated tokenization on Bitcoin. But that's nothing like true DeFi. "True DeFi" is having DApps that respond fast, it doesn't matter if it is achieved via native processing or via rollups, after the L2 is settled it has the same security as the L1, that's basically the entire point of settling. If Kaspa can do rollups that settle once every 10 seconds than it provides the same security as any native smart-contract, but much faster than most.

RebelliousRoomba

The HBAR hashgraph is cool and I appreciate that it’s built on a DAG structure. I would buy it but I really hate that it’s on a proof-of-stake consensus.

HSuke

There's a lot of missing documentation for Kaspa, which makes it hard to research it. Half the pages on their Github (https://github.com/kaspanet/docs) are still Work in Progress, so I don't have a full picture of it. This is what I've found in my own research: Facts: * **Consensus**: * uses PoW for sybil resistance * uses PHANTOM GHOSTDAG for consensus (a DAG variation of Ethereum's GHOST protocol) * **Transactions**: * uses UTXOs for transaction type * does not support smart contracts * Needs a very high number of confirmations for finality (1000+ confimrations, 100+ minutes?, this needs fact verification) * Extremely cheap Tx fees, practically free * **Blocks** * is DAG DLT * has 1-3s average block times * has very small blocks (usually 1-3 Tx per block) * **Tokenomics** * has no premine * has a 28.7B supply cap, has monthly (1/12th halvings) effectively providing 1 halving per year * Other * There is a community building KRC-20 tokens, which are similar to JSON-format BRC-20 tokens, and nothing like smart-contract ERC-20 tokens. https://docs.kasplex.org/protocols/krc-20-tokens/basic-operation/deploy * Does not support DeFi * Founder is Yonatan Sompolinsky, who is responsible for inventing Ethereum's GHOST consensus protocol **Notes and Opinions**: * In general, DAGs are much faster and more efficient than blockchains, with the downside that they're more complex. Nodes need to put in more effort to make sure transactions are ordered without double-spends. * GHOST is more efficient than Bitcoin's version of PoW because it does not waste orphaned/stale blocks. This is important for DLTs with fast block times. * In general, PoW is less secure than PoS, but PoW has more censorship resistance and higher liveness than PoS. I would expect PoS DAGs like Nano and IOTA to be more secure but less resistant to liveness attacks than KASPA. * Kaspa does not natively support smart contracts or DeFi. It can emulate it off-chain in the same way than Ordinals and Inscriptions have emulated tokenization on Bitcoin. But that's nothing like true DeFi. * I'm not sure about how many confirmations is needed for probabilistic finality. Normally, this would be covered under documentation, but Kaspa doesn't have documentation on this. This needs to be determined by running through the complex math from its whitepaper with the current block times (1-3s). * I'm concerned about the lack of documentation and block explorers. There is one block explorer, and it's missing a lot of basic features. There is not a lot of community infrastructure for Kaspa. **Overall**, I would treat Kaspa as a much better version of Bitcoin (much faster block times, cheaper transaction fees, high throughput, much more efficient). But that's not much of a compliment since nearly EVERY blockchain is better than Bitcoin. Protocol-wise, GHOST provides similar security to Bitcoin's heaviest-weight. But that's about all it does: just basic transfers. It doesn't support smart contracts or DeFi while many other blockchains do. So I think this limits the growth potential for Kaspa.

HSuke

The original Ethereum GHOST consensus protocol was designed by Yonatan Sompolinsky. It's a better version of PoW that does not waste stale blocks by including them in weight calculations. It benefits blockchains with faster blockchains. https://ethereum.org/en/whitepaper/#modified-ghost-implementation Kaspa's GHOSTDAG is the DAG version of it.

CointestMod

#DAG Con-Arguments Below is a DAG con-argument written by Blendzi0r. > First published on [28.11.2021](https://np.reddit.com/r/CryptoCurrency/comments/pfon33/rcc_cointest_general_concepts_dag_conarguments/hmehg1e/) > > DAG stands for Directed Acrylic Graph. It is an alternative solution to blockchain. If you want to learn more about the basics of DAG, visit e.g. [Wikipedia](https://en.wikipedia.org/wiki/Directed_acyclic_graph). > > DAGs often brand themselves as feeless and while that is undoubtedly a positive thing, it also increases the risk of DAG networks being attacked. For example, NANO is one of the most popular cryptocurrencies that is based on DAG and it [suffers transaction spamming attacks](https://blog.nano.org/recent-dos-nano-network-attack-and-v21-3-fixes-97b9b7297f9) from time to time. > > To counter this problem, projects that use DAG often implement solutions that involve centralization, e.g. [central coordinators, pre-selected validators or “witness” nodes or completely private network systems](https://maxthake.medium.com/blockchain-vs-dag-technology-1a406e6c6242). And since centralization goes against one of the core principles of cryptocurrencies, this is considered by many as an unacceptable trade-off. > > Another problem with DAG is that it has not been battle-tested on a large scale yet. Unlike blockchain, that is already well established. There are probably only two cryptocurrencies that use DAG and that are known to an average crypto-enthusiast: NANO and IOTA. Both are nowhere near being as widely adopted as dozens of blockchain projects. And both have their own share of problems. > > Conclusion is that although DAG is a promising technology, it is still very young and it is also not adopted by too many projects. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_DAG) to find submissions for other topics.

CointestMod

#DAG Pro-Arguments Below is a DAG pro-argument written by DaddySkates. > 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. > > Data in DAG is directed because it can only move in 1 single direction and its acyclic or in other words the data cannot go backwards. Directed Acyclic Graph as the name itself suggests has no blocks and does not require any mining to extend its database. Every vertex in its structure represents a transaction. DAG is unlike blockchain, buildind each datablock on top of eachother. In DAG system POW or Proof of Work is only required when a transaction is submitted to a node, to ensure network isn’t getting spam attacked and to validate prior transactions. However this proof of work is an extremely small one and requires close to no energy. > > > DAG may be a pretty new player on the block but the advantages such as massively different speed, no mining requirement and 0 fees plus no scalability issues simply make it a real challenge for blockchain to overcome. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_DAG) to find submissions for other topics.

CointestMod

DAG {{pros}} & {{cons}} with related info are in the collapsed comments below.

sshegem

The only true DAG is Kaspa

CointestMod

#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.

amo8s

$DAG constellation. Partnered with Oracle. USAF, US Treasury. In with some big players and ready for regulation. Will be holding.

SupremeLynx

Check out the upcoming Discreet. It's a DAG with top notch privacy. Discreet.net

CointestMod

#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.

Greggybone72

First seach.. I remember these guys.. Rai Blocks been a minute, I think it was a DAG style ledger.. "RaiBlocks, now known as Nano, rebranded in 2018 and became involved in a hack that some say led to its failure. In 2018, hackers stole over 17 million Nano from the platform, and users were unable to access their assets. The victims filed a class-action lawsuit against Francesco Firano, the owner of BitGrail, who the Italian police alleged had committed fraud. In January 2019, the exchange was found to have failed to implement safeguards and report losses." Doesn't compare to Cardano.. Next system!

Suitable-Emotion-700

I think a huge portion of Algo bag holders are rooting for hedera as well....we love them and most of us own pretty nice stashes of it...DLT and DAG exposure

GreyTooFast

DAG tech, yellow, instant transactions, feeless and high in potassium.

WhiplashClarinet

Congrats to the team on the release. This is a genuinely exciting development in crypto. I'm extremely excited to see something being released in crypto that isn't just some copycat project that sacrifices decentralization for more throughput. 2.0 comes with a novel approach to consensus on a DAG and tokenomics that ensure that all network participants have aligned incentives to minimize fees (feeless in most cases), maximize throughput & speed, and ensure the security of the network. The devs have every reason to be proud of this breakthrough.

WhiplashClarinet

The tangle (DAG) is still there, and it's being used effectively. If you have some time, I really recommend reading the blog post series linked here: https://blog.iota.org/iota-2-0-all-you-need-to-know/

CointestMod

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

CointestMod

* 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/1cslctk/iota_20_decentralized_testnet_goes_live/?sort=controversial). Doesn't work on mobile.

inkandpaperguy

A bloody fast DAG, with an impressive council of corporates for guidance.

ResponsibilityTrue16

Hedera has throttled 18k TPS before, but then again it’s a DAG and not a blockchain. Still very impressive for Algorand though. Solid project. Blockchain just has inherit limitations for scaling efficiently.

CointestMod

* 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/1cqf4ta/ripple_joins_algorand_and_hedera_in_multichain/l3qwce6/?sort=controversial). Doesn't work on mobile.

HugoMaxwell

It's the same thing in the end, just more complicated. Instead of transactions waiting in a mempool you just include them directly in some magic DAG and it needs to be sorted out later. It's like a on-chain mempool basically.

HSuke

It's just a DAG, and DAGs generally don't require centralization. Hedera is one specific example that chose to use centralization.

HSuke

Hedera calls its architecture a hashgraph, which is a specific type of DAG, (Directed Acyclic Graph). There are plenty of DAGs like Nano, IOTA, Hedera, Kaspa. They are all incredibly fast and incredibly cheap compared to blockchains. The downside is that their architecture is more complex and requires validators to order their transactions as they arrive. Slightly different than the typical mempool. They also do not have true blocks, but they can have virtual or artificial blocks, which are just transactions packaged together over a period of time. Also not necessarily a bad thing.

HSuke

I think he's asking for blockchains vs DAG, not specifically Algorand vs Hedera Hashgraph

JackRipster

XRP, Casper and DAG join DeRec Alliance together with Hedera and Algo.

CointestMod

#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.

CointestMod

#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.

CointestMod

* 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/CryptoMarkets/comments/1cfqfbf/cold_wallet_suggestion_i_have_a_good_amount_of/?sort=controversial). Doesn't work on mobile.

CointestMod

* 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/1cfmxkz/why_did_fast_cheap_cryptos_like_nano_and_algo_die/l1q6h1d/?sort=controversial). Doesn't work on mobile.

CointestMod

#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.

CointestMod

* 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/1cchizm/blackrock_has_no_commercial_relationship_with/?sort=controversial). Doesn't work on mobile.

CorneliusFudgem

There are other networks that use hashgraph architecture. Fantom is a prime example. Its a self proclaimed DAG, just like Hedera is.

CointestMod

* 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/1cbjmx6/blackrock_tokenizes_money_market_fund_on_hedera/?sort=controversial). Doesn't work on mobile.

CointestMod

#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.

CointestMod

* 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/1cb7o0a/blackrock_tokenizes_ics_us_treasury_fund_on/?sort=controversial). Doesn't work on mobile.

CointestMod

* 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/1cb53wk/archax_increases_tokenised_money_market_fund/?sort=controversial). Doesn't work on mobile.

No-Procedure8207

Unpopular… Very unpopular but LTC DAG ADS

Udd1n

RIO (100m mcap), TRIAS (100m mcap), DAG (104m mcap), VRA (70m mcap) super micro caps: ALLIN (1m mcap), AIL (60k mcap) High risk = high reward. All projects mentioned have solid utility and solid community backing.

CointestMod

#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.

Fair_Raccoon9333

PoW is old and inefficient. PoS is newer and much more efficient. Directed Acyclic Graph (DAG) is the newest concept yet, but has been out for about 8 years and the most efficient invention to date.

antiwrappingpaper

Imagine reading all of that and then going to say Hedera... no wonder crypto users are so stupid, they don't even know the difference between a blockchain and a DAG structure.

Joaac

Constellation DAG. Btw, what’s ZetaChain?

GrailThe

Hedera is not a blockchain, it's a DAG. Getting some good traction with major financial powers like ABRDN, Shinhan Bank, Standard Bank ... Here's a trove of info - https://hedera.com/use-cases/real-world-asset-tokenization

CointestMod

#Fantom Pro-Arguments Below is a Fantom pro-argument written by FrogsDoBeCool. > # Fantom, its Background and Pro's > > Disclaimer: I have not owned or worked with the Fantom network in the past. This piece was made for people to introduce them to Fantom, and all the benefits it has on the surface, and foundationally. > > # Consensus, and the DAG > > * **Proof of Stake** > * Fantom runs the **proof of stake** consensus to keep the network running, compared to **proof of work** (which major cryptocurrencies like Bitcoin, Litecoin, Monero, etc use). "[Proof of stake](https://blockworks.co/proof-of-work-vs-proof-of-stake-whats-the-difference/) systems are significantly more energy-efficient than proof-of-work operations..." It's also significantly easier for a person to make a node on a PoS network than a PoW network, usually, all you need is a laptop, and a certain amount of tokens. All of these are positives for Fantom, but diving deeper, Fantom uses a specific PoS consensus. > * The APY of proof of stake (the tokens you receive from holding your Fantom tokens in a wallet) is anywhere from 4% to 15%. Fantom has a system in place to prevent people from fear selling, this is [called locking](https://fantom.foundation/ftm-staking/#:~:text=Choose%20to%20lock%2Dup%20your,base%20rate%20%E2%80%93%204%25%20APY), you lock your fantom tokens in your wallet to receive more APY benefits. So if you lock up your Fantom for 14 days, you get 4% APY, but if you lock it up for 1 year, you get 15%. > * **Lachesis** > * According to the [Fantom Foundation](https://www.fantom.foundation/lachesis-consensus-algorithm/), "We created Lachesis to overcome the limitations of previous consensus algorithms. It is, in fact, the ideal option for applications that need high-throughput, fast finality, and bank-grade security". > * Blocks do not need to be confirmed for a transaction to finalize, there are systems in place to prevent malicious and false transactions, and there's no 'leader' system where a specific wallet or person confirms blocks or transactions. > * **The DAG** > * Lachesis runs on the DAG, a consensus that differs than the normal "blockchain". In a normal blockchain, block 1 directly goes to block 2, directly goes to block 3, etc. in a DAG, block 1 could connect with multiple blocks, like block 2, 3, 4, etc. A DAG must never circle around, so if block 10 is the latest block, it cannot go back and confirm block 1 again. > * But why the DAG? Fantom uses a DAG to increase the scale and speed of its transactions. Each "block" (a dag isn't a blockchain to say) acts semi-independently of each other to get faster confirms. > * Fantom can reach a [transaction finality](https://fantom.foundation/blog/tps-or-ttf-understanding-blockchain-speed/) of 1 second. So on average a transaction will be finalized in 1 second, this is different than what many other crypto people use to tell how fast a network is, that being TPS (transactions per second). the DAG that Fantom uses allows transactions to be finalized on the network significantly quicker than the block being confirmed. (it's important to note, smart contract transactions are significantly slower than just moving fantom tokens). > > # DEFI > > * **EVM** > * [The EVM is the Ethereum Virtual Machine](https://www.bitrates.com/guides/ethereum/what-is-the-unstoppable-world-computer#:~:text=The%20EVM%20is%20essential%20to,(i.e.)%20executing%20smart%20contracts), a machine that devs use to create dapps (Decentralized Applications), Fantom is EVM compatible, meaning you can port an ETH dapp onto the Fantom network without having to recreate the entire dapp from scratch. > * Incentives to build > * Most devs work on the ETH blockchain due to its popularity, but many also work for Fantom, why? for one, the EVM helps them port their dapps easily, and for another, money. [Over 370 million Fantom](https://www.benzinga.com/pressreleases/21/08/g22721821/fantom-announces-massive-incentive-program-to-reward-defi-developers) has been directed to help devs produce dapps > > # Governance > > * [Fantom has a unique governance system](https://fantom.foundation/blog/on-chain-governance-released/), for one, anyone can propose something for 100 Fantom. And voting costs about $0.00001 in transaction fees. > * Then for voting, a wallet holder can vote 0-4 instead of yes and no. 0 is total disagreement, 4 is complete agreement. Each proposal can have multiple options too to represent all points of view. > * All proposals are in templates for how much they change the network. > * A template 1 vote is a non-important vote, agreement levels must be 55% or more. > * A template 2 vote is also non-important but requires a bit more agreement, 60%. > * A template 3 vote will directly change the network, may be for updates, or changing the rewards rate for delegators. 90% of delegators must vote, and a 90% of them must agree > * A template 4 vote can deconstruct a solidity contract, basically used for changing penalties for if something happened. 90% of delegators must vote, but only 55% must agree. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_fantom) to find submissions for other topics.

amcrossi

Kaspa addresses the blockchain trilemma—balancing scalability, security, and decentralization—through its unique DAG (Directed Acyclic Graph) structure, making it highly suitable for electronic cash systems. Unlike traditional blockchains like Bitcoin, which prioritize security and decentralization often at the expense of scalability, Kaspa's DAG architecture enables simultaneous block additions. This increases transaction throughput dramatically while maintaining a decentralized network. The GHOSTDAG protocol further ensures that Kaspa achieves consensus quickly and securely, even in a high-throughput environment. Consequently, Kaspa offers the rapid transaction processing essential for everyday transactions, positioning it as an effective form of electronic cash. On the other hand, Bitcoin, with its robust security and widespread recognition, serves more naturally as a store of value, akin to digital gold. This distinction highlights Kaspa's potential in complementing Bitcoin by fulfilling the role of a scalable, efficient medium of exchange in the digital economy.

mrrepos

Literally their tech is in alpha and going out soon.... Nakamoto consensus on a DAG, they have delivered

crashbdx

Well, technically, blockchain cannot run any LLM on chain, maybe small AI but major LLM would be way to big and demanding in terms or storage and ressources. Because of that, the idea of connecting Blockchain and AI, even just as a "middleware" to fetch off chain AI API still make sens. I'm developer of [blockai.dev](http://blockai.dev), which is also a Blockchain & AI project, we basically offer to run Agents similarly to how blockchain nodes work, these agents can resolve AI requests for a fee, this allow any dApp to request an AI Task and receive the result through a callback and then use it on chain. This is a needed first step to use AI in Blockchain projects. Being able to verify the requested data is indeed important and something not yet handled by most projects but we are all still early in building around this, there is way to handle it and they should be implemented as next steps. Areas we are exploring at BAI for this are a DAG based approach for oracle networks or, another possible option is using seeds, API like OpenAI for example allow to use "seed" with request which allow to generate (mostly) consitant results therefore we could image that each Agents of the network have a seed and is required to use it in all it's request. From there we could imagine to have something where everytime one agent would be processing a request, another one, selected randomly, would verify the request using the processing agent seed. Agent would get flagged and excluded if verification fail. You can read more about it: [https://cookbook.openai.com/examples/reproducible\_outputs\_with\_the\_seed\_parameter](https://cookbook.openai.com/examples/reproducible_outputs_with_the_seed_parameter)

KangaMagic

It’s promising! It sounds like some scaling could happen via optimization if we wanted to, and once that paper comes out we will be able to scale a lot more. It sounds like they are aiming for a more secure DAG model (Fantom uses a DAG consensus model).

CointestMod

#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.

rorowhat

What???? The Fetch.ai project is using artificial intelligence alongside blend of the blockchain and DAG (directed acyclic graph) data structures to build a scalable and stable ledger. The ledger’s consensus algorithm is called uPoW (useful proof-of-work), which seeks to make the computational power that is used to secure the ledger also perform other useful tasks for the network’s participants.

spottiesvirus

Well, the point I think is this phenomenon is iterative. We're already seeing the "next generation" not as Solana's L2s, but spinning their own chains (or better DAG), Sui and Sei being two examples of this. In part because their architecture is deeply different, in part because ecosystems are incompatible

GreyTooFast

Banano. Awesome DAG technology, instant, fee-less and has a strong community. The fun portion of it and easy adoption will push it to the masses this cycle. Don’t forget it’s got a market cap of 23M right now….

coinfeeds-bot

tldr; Hathor Labs released their 2023 Annual Report, highlighting advancements in technology, business, and marketing within the Hathor Network. The report covers achievements from the fourth quarter, showcasing contributions to the community of builders, entrepreneurs, and blockchain enthusiasts. Hathor Network, a PoW-based distributed ledger combining DAG and blockchain structures, emphasizes scalability, usability, and decentralization. Since its mainnet launch in January 2020, the network has seen growth in custom tokens, active wallets, and mining hash rate. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

HSuke

Things to worry about: Reorgs, 51% attacks (which has happened once), double spends (which used to happen multiple times each year). There are plenty of networks with fast transactions with under 10s blocks, too many to name. Every Ethereum L2, Polygon PoS, Avalanche C-Chain, most Cosmos L1 networks, Algorand, Hedera, XRPL, nearly every DAG like IOTA and Kaspa. And every fork of those networks. Most DLTs created in the past 4 years are fast.

LoveSushi5

it's not a DAG.

ZombieXRD

It’s not a DAG

coinfeeds-bot

tldr; Hedera Hashgraph (HBAR) stands out in the Distributed Ledger Technology (DLT) space with its unique Directed Acyclic Graph (DAG) architecture and consensus mechanism, challenging traditional blockchain frameworks. It offers scalability, security, and efficiency, with a governance model backed by global institutions like Google and Boeing. Hedera's predictable fee structure and high transaction throughput make it attractive for developers and enterprises. Its governance model, which will gradually open to broader participation, and its potential for real-world applications across various industries, position Hedera as a promising contender in the digital currency space, potentially revolutionizing DLT. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Perfect_Ability_1190

In the evolving landscape of Distributed Ledger Technology (DLT), Hedera Hashgraph (HBAR) emerges as a beacon of innovation, challenging the conventional blockchain framework. Unlike its predecessors, Hedera Hashgraph introduces a novel architecture, a Directed Acyclic Graph (DAG), coupled with a unique consensus mechanism.

singularity87

The DAG is ordered by the users when they create the transactions. What you are describing is a scenario where transactions interact with what we call a 'commonly accessible slot'. I.e. a slot of storage which can be accessed/written to by a large number of people as opposed to something like users personal ERC-20 balance. I highly recommend reading the whitepaper for a full description of how this works, but basically the users define exactly the entire impact on the world state when they create the transaction (unlike in normal EVMs). If there is a very high write rate for a single slot then it will cause conflicting transactions, but these conflicts will be resolved in the blocks. Services that generate high access rates will be incentivised to create contracts that overcome this trade-off via parallelisation of the slots (e.g. in your example they could create multiple ERC-20 token addresses), or they use an architecture where the users make requests through their service to generate the full transaction data, and their service can then sequence the transactions so that conflicts don't occur. Conflicts are the trade-off of this system, but they limit concurrency of individual slots instead of the entire network in the case of a normal EVM.

singularity87

Great question. Soloneum is actually a full EVM, meaning all transactions can access the global state. No off-chain operators needed. The keyframe chains are used to create a DAG ordering of transactions *like* UTXO, but it is not actually a UTXO system. The DAG is an extra constraint on the EVM and is what unlocks the scaling benefits, and stops MEV and front-running.

singularity87

Great question. Soloneum is a full EVM. No off-chain operators needed. Keyframe chains associate transactions to each other in a DAG structure but every transaction still has access to global state. The DAG structure is just used for ordering. The DAG is an extra constraint on the EVM system, but this extra constraint is what unlocks the scaling potential by enforcing ordering at creation instead in the block. This is why front-running and MEV is now impossible.

HSuke

One of the issues with building DEXs using a UTXO model on Cardano was the lack of global state, lack of permissions for using another account's tokens, and the need for off-chain operators. How hard would it be to build DEXs using the keychain model? Would it be possible to have AMMs, or do you need an off-chain operator to pick the swap prices and execute the swap? Because keychains are essentially a DAG network, they're operating within local state. How do keychains resolve back to global state, or interact globally?

StrangerIsBetter

Nano is a DAG and has no single blockchain serving as transaction ledger like bitcoin or other POW coins, it's impossible to just fork it like you could with bitcoin. Also, there is no "centralized power" whatsoever. For decentralization, the nano network consists of hundreds individual decentralized nodes like any other crypto currency. They use Open Represantive Voting (ORV) to reach a consensus about which transactions are valid and which are not. You can find a graph showing the voting weight distribution of principal represantive nodes right below the table here: https://nanocharts.info/

Own-Necessary4477

My favorite meme coin project is banano. This is the best project for crypto beginners. The kalium wallet is super easy to use and to learn how a wallet can be used. Because of the DAG protocol the transfer of the native coin ($BAN) is feeless. So some test transfer of the coin to another wallet costs nothing. It is easy to try out how a paper wallet works. It has wrapped banano (wBAN) as a side project on polygon, BNB and fantom chain, the swap between different coins can be tested easily. It has also a great community on discord and reddit r/banano . And here on Reddit the banano tipbot works perfectly, feeless.

CointestMod

#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.

CointestMod

* 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/1b3v804/nano_is_under_spam_attack_days_after_anti_spam/?sort=controversial). Doesn't work on mobile.

ShAd0wS

Yeah its not that DAG means it can't be implemented, it just means its a pain in the ass compared to the copy paste coins. Without a lot more volume / interest there is no point in making the effort unfortunately.

CointestMod

* 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/1b1ejk9/nano_releases_v261_node_software_update_aimed_at/?sort=controversial). Doesn't work on mobile.

CointestMod

#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.

CointestMod

* 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/1b0o0oz/digital_euro_association_partners_with_the_hbar/?sort=controversial). Doesn't work on mobile.

CointestMod

* 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/1b0kmmh/pyth_integration_brings_400_price_feeds_to_hedera/?sort=controversial). Doesn't work on mobile.

CointestMod

* 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/1b0ckbp/selfproclaimed_bitcoin_killer_nano_xno_down_for/?sort=controversial). Doesn't work on mobile.

branajgka

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

GrandmasGiantGaper

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)

jawni

>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.

olduvai_man

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).

jawni

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.

CointestMod

#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.

CointestMod

* 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.

CointestMod

#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.

CointestMod

* 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.

vorpalglorp

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.

DAT_DROP

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

DAT_DROP

No **DAG** is the future

SmooveMari

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