Quote from: clonely on February 22, 2019, 08:15:33 AM

Quote from: Endikadija on February 22, 2019, 08:12:24 AM

Quote from: maxbugaenko on February 22, 2019, 06:26:01 AM

Hey guys, anyone invested or just used cryptocurrencies based on a NON-blockchain consensus?

IOTA, NANO and Byteball have used non-blockchain consensus but these platforms are using the new principle that created by byteball and that called DAG. Byteball was the first DAG platform which makes you able to send transaction instantly with zero fees.

And it hasn't made any serious progress from projects that are not yet based on this blockhain. There were not even POS projects that could catch POW projects.

Ita not about pow. Iota uses pow, but all transactions are free. Every user need to confirm a previous transaction to create a new transaction. It's a different technology that will be used for different stuff than bitcoin is .

Iota need free transactions for iot stuff, so it's more interesting for them to try something new like dag.