Quote from: SmartX.One on July 23, 2019, 02:19:32 AM

Quote from: LenStaki on July 22, 2019, 08:24:48 PM

Cheers I will. An AMA would be really useful as well. Not many people know what Block-DAG means. I certainly don't lo

An AMA is planned to happen at some point in the near future. We are planning our promotional events now and will make announcements via our channels as to when they will take place and how you can participate.

Regarding what Block-DAG means, I suggest reading through our technical whitepaper to gain a better understanding of the project: http://smartx.one/Whitepaper.pdf

To summarise Blockchain-DAG for you:

Quote

SmartX is a decentralized, minable BlockDAG project with a transaction-based DAG structure that can achieve limitless performance expansion, which is essentially equivalent to a traditional blockchain system that can achieve limitless horizontal expansion. It supports the B-DAG technology, which allows the system to integrate the transactions after they are generated.

SmartX has its own proprietary, innovative and all-new DAG structural algorithm - B-DAG algorithm, which can integrate the transaction partitions created by any nodes around the world. This is vastly different from BTC/BCH, Ethereum and other current mainstream POW-based systems, which must hold all transactions as "pending" before packaging them at the same time and yet the transaction blocks packaged at different nodes are still mutually exclusive (although Ethereum has GHOST and Uncle Block mechanisms, these are not enough).

It is the same as a highway that has only one exit. No matter how many lanes or how many cars there are, there is only one exit in the end. The exit speed determines the traffic and those at the back have to queue up. The SmartX project is equivalent to opening up an unlimited number of highways to make limitless traffic expansion possible.
SmartX generates a stable master component (MC) through Epoch-POW and links it linearly according to the DAG-PM algorithm which, if viewed from the perspective of the master component, resembles a bitcoin-like blockchain structure. However, the entire system is a in fact a transaction-DAG structure that can be divided into independent partitions. These partitions do not interfere with each other and PT-Mix is executed after the generation of transactions, hence ensuring limitless performance extension.

With the SmartX structure, double-spending detection will be possible sooner or later. The algorithm is stable and consistent globally. Once a node sees the global data of an Epoch, double-spending detection can be achieved with a stable sorting algorithm (DAG-PM algorithm)

Thanks good to hear. An AMA as soon as possible will be good. We need them to leverage their Tencent and Wechat connections. Shill potential is huge with these connections.