What are the potential applications of dags in the future of cryptocurrency?

1 answers

• Lauri LoppAug 09, 2023 · 2 years ago
  As an expert in the field, I can confidently say that DAGs have the potential to transform the future of cryptocurrency. DAG-based cryptocurrencies, such as IOTA, have already demonstrated the benefits of this technology. By using a DAG structure, these cryptocurrencies can achieve high scalability, fast transaction confirmations, and low fees. DAGs also have the potential to enable microtransactions and machine-to-machine transactions, which can open up new possibilities for the Internet of Things (IoT) and decentralized applications. With their ability to handle a large number of transactions simultaneously, DAGs can make cryptocurrencies more efficient and practical for everyday use.
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