The Blockchain 🥊 vs. 🥊 The Directed Acyclic Graph (DAG)

Today’s video is going to be comparing two different technologies in the crypto space that we come in contact with on a daily basis; the #blockchain & the #DAG aka "directed acyclic graph". I discuss the basis of both types of tech, pros/cons, similarities and differences!

Thanks for taking the time to check out my channel! If you're interested in any other #cryptocurrency content head over to my playlist section or get lost in all my #crypto videos!

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Help us caption & translate this video!

[YouGotOptions]

No currency has been used for "illicit activity" more that US DOLLARS. Just putting that in perspective for the newcomers who get scared when they hear that.

[Sullifly]

Finally an explanation that spans competency _and_ ability to communicate like a human being!

[stephentimirchand]

very clear, concise and informative. I've watched tons of dag videos but didn't really get it until now. You explain in such a way, it just "clicks"

Keep up the great work :)

[samulevy]

The Brazilian meme at 2:45 is the cherry on the top

[alexanderschwan]

Great Video, would love to hear your take on Constellation $DAG's Hypergraph and how their technology is far more advanced than other DAG projects. Seems like they figured out the problems of other DAGs...and is able to really bring Crypto Adoption further along!

[MrMateMate]

Good informative video, BUT there is an error of fact at 8m:41s.

Nano does NOT rely on a minimum transaction activity to operate (unlike IOTA.)
If the Nano network currently has no transactions at all, and someone then triggers a Send transaction, exactly the same stake-weighted Representatives will vote on whether it is a double spend attempt as would have done with Nano operating at 1000tps.
It remains secure, and normal transactions are settled within 2-3 seconds.

[leonbentham]

Fantastic summary. Thank you for doing this and helping me understand DAG.

[TheGbolaadewunmi]

Really nice summary of the two technologies and well presented. Thxs

[CaribbeanCryptoTips]

Love your presentation style and fluidity of the concepts

[cryptodinosaur]

2 min into the video and...Subscribed!

[okY]

holy shit... the way you talk gives me the same feeling like I am watching a teacher...To be honest, its amazing what you're doing and I will subscribe O_O

[llll]

great info and clear graphics . and your speaking skills are excellent ( you don't "up talk", so thanks )

[bjaMoke]

Finally a focused and organized blockchain talk. Sub added

[padkirsch]

DAG and BLOCKCHAIN are both different tools and both great and necessary! 🙂👍✅
I like it all!

[biplabroy]

Sharing knowledge makes you beautiful <3

[bradley]

Dig your educational pieces. Keep it up. It's worth mentioning there's a more recent approach to DAG called ZDAG, which is two layered, combining the better aspects of Proof of Work and DAG. It utilizes a masternode network which serves as a DAG relay and source of bonded validators. This allows near real-time tx, after which PoW consensus is reached accomplishing protection against double-spend attacks without the necessity of a few central trusted witnesses. This method eliminates confirmation time as a bottleneck factor in network performance by allowing PoW consensus to be reached post-transaction in the background. It is essentially a trustless PoW DAG. It was invented by Jagdeep Sidhu and is currently functioning in Syscoin 3 on its asset/token platform. Other projects like Komodo are now looking into implementing the same or similar. It's faster than Dash's Instant Send.

[derekmcrae]

Nano FTW it will kill it next bull run

[goahead]

DERO is a new crypto with PoW blockDAG, p2p network encryption, double spend immunity and smart contracts.

[miladmirshahi]

Fantom DAG #1! Leeeet's go Fantom Marines <3

[loggovoitto]

Cool and informative content. Thank you 😊🙏. If I may comment (sorry if Im mistaken) just regarding the part that information can not be copied, we may want to minimize possible confusion about this part cos the good part about this is that the capability of having different copies of blockchain on different nodes. That's why we can avoid the single point of failure risk that usually happens on centralized server. I believe you meant different thing but maybe some people will take it differently 😊🙏. Thank you again for the great content 🙏😊