hi guys, who can briefly explain to me what is DAG?
DAG stands for Directed Acyclic Graph and can serve as a viable alternative to blockchain technology as shown in cryptocurrencies such as DagCoin, ByteBall, and IOTA. ... In blockchain technology, transactions are grouped and are confirmed by miners and subsequently added to the chain.
I guess ByteBall is a good example but I don't know their development updates as of now. They gained good attention at the initial phase but I don't know if there are still a lot of users of byteball. So with SmartX, can they sustain the eagerness of their miners in the long run?
Mining in the long term is not a very good solution, because you need to pay for expenses, maintenance of miners and so on.