Going Beyond Blockchain with Directed Acyclic Graphs (DAG)
Crypto Slate – January 2019
If organizations could only augment blockchain’s strengths—its immutability, security, and decentralization—while addressing its latency and scalability issues, it could become the vaunted enterprise tool it was initially intended. That day will soon come courtesy of Directed Acyclic Graphs (DAGs).
Blockchain’s premise is straightforward, utilitarian, and more lucrative than that of any other new technology to recently emerge. This distributed ledger system promises near real-time updates of transactions between remote parties for trustworthy, impenetrable peer-to-peer networks, eliminating the need (and expense) of middlemen.
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