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Cryptocurrency News Articles

MIT Alum Dr. Maurice Herlihy Shares Insights in Recent AMA on How BlockDAG Advances Beyond Traditional Blockchains

Dec 16, 2024 at 12:00 am

BlockDAG (BDAG) is rapidly gaining traction. This Layer-1 blockchain has already raised over $165.5 million from its presale, distributing more than 17.2 billion BDAG coins.

MIT Alum Dr. Maurice Herlihy Shares Insights in Recent AMA on How BlockDAG Advances Beyond Traditional Blockchains

BlockDAG (BDAG) advisor and MIT alumnus Dr. Maurice Herlihy recently participated in an AMA to discuss the project's advantages over traditional blockchains.

Highlighting BlockDAG's advanced technology, Dr. Herlihy explained how it surpasses the limitations encountered by conventional blockchain architectures.

This Layer-1 blockchain has already achieved remarkable success, with its presale raising over $165.5 million and distributing more than 17.2 billion BDAG coins. BlockDAG's innovative approach and exceptional capabilities are attracting widespread attention throughout the crypto community.Dr. Maurice Herlihy, an esteemed computer scientist and renowned for his contributions to並行, recently joined a BlockDAG AMA session to discuss the project's technological superiority over traditional blockchains.

During the AMA, Dr. Herlihy shed light on the limitations faced by conventional blockchain architectures, particularly highlighting the slow transaction speeds and inefficiencies that arise as these networks attempt to scale.

In contrast, he highlighted how BlockDAG overcomes these challenges with its advanced DAG architecture, enabling the simultaneous processing of multiple transactions across different blocks — a capability that eliminates bottlenecks and enhances scalability to a remarkable degree.

BlockDAG's cutting-edge technology positions the project at the forefront of blockchain innovation, offering a level of performance that distinguishes it from other endeavors in this领域. BlockDAG's Phantom Protocol not only secures transactions but also maintains high speed, enabling the network to support up to 15,000 transactions per second (TPS) — a capacity unattainable by many existing networks.BlockDAG's success is evident through its remarkable numbers. This Layer-1 project's presale has achieved over $165.5 million, with more than 17.2 billion coins sold. The price of $0.0234 for each coin in batch 26 is attracting global participants, motivated by the substantial returns seen by early participants.

Those who joined in batch 1 have realized a 2240% return on their initial amount, illustrating that BlockDAG provides real and significant outcomes.

This top crypto presale is setting records, supported by strong trust from both seasoned crypto participants and those new to the space. With a goal of reaching a $600 million presale total, BlockDAG is on a path to becoming one of the most significant presales in the history of cryptocurrency.BlockDAG's achievements are based on solid, unique technology rather than mere claims. Central to BlockDAG's advanced technology is the Phantom Protocol, designed to secure transactions and maintain smooth operations while protecting against fraudulent activities.

A major issue in blockchain technology is double-spending, where the same funds are spent twice. Traditional blockchains often struggle with this problem, leading to slow resolutions and security weaknesses.

BlockDAG addresses this efficiently. The Phantom Protocol identifies and gives priority to legitimate blocks, arranging them in a sequence that accurately represents the network's state.

Fraudulent blocks, including those involved in double-spending, are rapidly detected and excluded, minimizing disruption. This superior level of security and operational efficiency positions BlockDAG ahead of its competitors, providing a robust and sustainable solution.BlockDAG's journey is marked by continual innovation, expert leadership, and sustained progress. Highlighted by Dr. Maurice Herlihy, an MIT alum, and the presale already reaching $165.5 million, BlockDAG is capturing widespread interest.

The chance to participate in the presale at $0.0234 per coin is quickly fading. Early participants have seen substantial gains, and as interest grows, BDAG's price is set to increase further. This is the moment to take action—before it's too late.

News source:captainaltcoin.com

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