What’s Next in Blockchain? Insights From BlockDAG’s AMA With Harvard Alum Maurice Herlihy
The post What’s Next in Blockchain? Insights From BlockDAG’s AMA With Harvard Alum Maurice Herlihy appeared on BitcoinEthereumNews.com.
Cryptocurrency has transformed from a specialized interest to a regular topic of discussion. As the globe embraces digital currencies, blockchain technologies are evolving to meet heightened demands for speed, efficiency, and scalability. Here, BlockDAG (BDAG) introduces its directed acyclic graph (DAG) structure. In the latest AMA, Dr. Maurice Herlihy, a Harvard graduate, acclaimed computer scientist, and a key advisor to BlockDAG, delved into the network’s technology. He shared insights on BlockDAG’s strategy and the benefits of its DAG architecture, particularly its capability to efficiently manage high transaction volumes. Let’s explore more about what was discussed in the AMA and why BlockDAG is gaining attention. Heralded as the decade’s most significant crypto presale, BlockDAG has amassed over $165 million from the sale of more than 17.2 billion coins. Early participants have enjoyed a staggering 2240% ROI as the BDAG coin price climbed from $0.001 in the first batch to $0.0234 in the 26th batch. Analysts anticipate the coin will soon reach a $600 million valuation. A recent update to the network’s dashboard introduced a new 5-tiered bonus system, available until January 8th, offering over 150% bonuses on the initial five purchases of coins. This exciting bonus structure has attracted large buyers and institutional participants, presenting an unmissable opportunity with BlockDAG. Breaking Down BlockDAG’s Tech with Maurice Herlihy During BlockDAG’s latest AMA, Dr. Maurice Herlihy, a Harvard graduate, respected computer scientist, and Brown University professor, explored the sophisticated algorithm that powers the network. He started by discussing the limitations of traditional blockchains like Bitcoin, which struggle with scalability due to slow transaction speeds and the creation of orphaned blocks inherent in proof-of-work systems. Dr. Herlihy presented BlockDAG’s Directed Acyclic Graph (DAG) structure as a groundbreaking alternative, enabling simultaneous block creation and quicker consensus without sacrificing security. The conversation then covered the Phantom…
Filed under: News - @ December 14, 2024 11:02 pm