The post BlockDAG Secures $209M, With Keynote 3 Sparking Unprecedented Excitement—$600M Expected Soon! appeared on BitcoinEthereumNews.com.

In an industry often filled with more hype than substance, one Layer 1 blockchain is distinguishing itself—not through lofty claims, but through tangible technology, growing user engagement, and continuous progress. BlockDAG (BDAG), a pioneering blockchain utilizing a unique Hybrid DAG + Proof-of-Work architecture, has successfully gathered $209 million in less than 10 months. Its recent Keynote 3 event has significantly bolstered this achievement. With a massive 19 billion BDAG coins already distributed, over 800,000 users of the X1 App, and upwards of 170,000 holders, BlockDAG has evolved from a mere concept to the most eagerly awaited Layer 1 launch of the year—with many eager to join before the mainnet goes live. Keynote 3 Showcases Tangible Progress, Not Just Promises While numerous Layer 1s are still stuck in the ideation phase and facing delays, BlockDAG’s third keynote demonstrated that it is not only on track but also advancing rapidly in building the future. “Today’s keynote transcends gradual improvement; it heralds a major shift,” announced CEO Antony Turner in his opening remarks. “What we’re unveiling today is the result of months of dedicated effort—signifying major strides in decentralization, security, and scalability.” This advancement is exemplified by the recent initiation of Beta Testnet V1, which has already processed over 1.2 million transactions and is supported by a network of more than 100 active nodes. Unlike conventional blockchains that process blocks sequentially, BlockDAG’s Directed Acyclic Graph (DAG) technology confirms multiple blocks simultaneously, reducing bottlenecks and enhancing throughput. Combined with Proof-of-Work for robust security, this dual approach mitigates many of the limitations faced by traditional blockchains. Moreover, the Beta Testnet is not just operational—it’s effectively demonstrating real-world utility. The keynote unveiled: An upgraded block explorer with new features Tools for creating Tokens and NFTs WASM support for complex smart contracts Simplified account tools for a…

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Filed under: News - @ March 29, 2025 7:37 pm