How did the Ethereum DAG size affect transaction processing in 2017?

3 answers

• Furqon YahyaJul 21, 2023 · 2 years ago
  The Ethereum DAG size had a significant impact on transaction processing in 2017. As the DAG grew larger, it required more computational resources for miners to validate transactions. This led to increased transaction times and higher fees. Miners had to allocate more memory and processing power to handle the larger DAG, which slowed down the overall transaction processing speed. Additionally, the increased DAG size also made it more difficult for individual miners with limited resources to participate in the network, leading to further centralization.
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• Jack PknFeb 13, 2022 · 3 years ago
  In 2017, the Ethereum DAG size played a crucial role in transaction processing. The DAG is a data structure used by Ethereum to store past transaction information. As the DAG grew in size, it became more challenging for miners to perform proof-of-work calculations and validate transactions. This resulted in longer confirmation times and higher transaction fees. The increased DAG size also put a strain on network bandwidth, making it harder for nodes to communicate and synchronize with each other. Overall, the Ethereum DAG size had a noticeable impact on transaction processing during that time.
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• Sean Tianxiang HuangApr 30, 2024 · a year ago
  During 2017, the Ethereum DAG size had a significant impact on transaction processing. As the DAG grew larger, it required more computational resources to process transactions. This led to slower transaction times and higher fees. Miners had to upgrade their hardware and allocate more memory to handle the increased DAG size. However, not all miners were able to keep up with these requirements, resulting in a more centralized network. It was a challenging time for Ethereum's transaction processing, but it also highlighted the need for scalability solutions like sharding and off-chain transactions, which have been actively pursued since then.
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