Dev Release 63: BlockDAG Revolutionizes Blockchain Explorer As Advanced DAG Technology Attracts $55.2 Million In Presale
The post Dev Release 63: BlockDAG Revolutionizes Blockchain Explorer As Advanced DAG Technology Attracts $55.2 Million In Presale appeared on BitcoinEthereumNews.com.
BlockDAG continues to amaze the blockchain space, capturing the attention of both investors and developers. The latest Dev Release 63 introduces major upgrades to the blockchain explorer, enhancing transaction speeds and data retrieval. With innovative DAG technology, BlockDAG has attracted $55.2 million in its ongoing presale, demonstrating substantial investor confidence and early returns. Let’s take a closer look at how BlockDAG is shaping the future of blockchain technology. BlockDAG: Pioneering DAG Tech & Low-Code/No-Code BlockDAG integrates Proof-of-Work (PoW) with Directed Acyclic Graph (DAG) structures through multiple protocols, including Transaction Issuance, Conflict Resolution, PoW Verification, and Consensus Establishment. This hybrid approach combines the security benefits of PoW with the scalability and efficiency of DAG, enabling high transaction throughput and fast confirmations. The DAG Formation algorithm starts with creating a Genesis Block, followed by nodes forming their blocks and referencing the Genesis blocks of the initial round. This process is repeated indefinitely, with nodes referencing multiple blocks from previous rounds. The DAG Ordering Algorithm then consumes these DAGs and outputs a topologically ordered list of blocks, ensuring a structured and efficient ledger. The introduction of low-code/no-code tools simplifies the development of decentralized applications (dApps) on BlockDAG’s blockchain. By enabling users to create, manage, and deploy software through a drag-and-drop interface, development is accelerated, reducing prototyping time and allowing a broader range of individuals to participate in dApp creation. The ongoing presale of BDAG coins has shown remarkable progress, starting at $0.001 in Batch 1 and reaching $0.014 in Batch 19. Early investors have enjoyed a 1300% increase in their investments. BlockDAG has raised over $55.2 million from the ongoing presale and $3.5 million from the sale of over 8,350 miners. Dev Release 63: Enhanced Blockchain Explorer BlockDAG’s Dev Release 63 brings significant updates on Blockchain Explorer enhancements, aimed at improving user experience…
Filed under: News - @ July 3, 2024 10:10 am