Post
Topic
Board Announcements (Altcoins)
💜[ANN] [XDAG] POW , First Mineable DAG !
by
Mcgee46
on 29/04/2020, 09:27:18 UTC
Overview

"THE FIRST MINEABLE DAG BASED COIN"


DAG works differently than the blockchain. Where the blockchain requires Proof of Work from miners on each transaction the DAG gets around this by getting rid of the block entirely. Instead, DAG transactions are linked from one to another, meaning one transaction confirms the next and so on. These links are where the term DAG comes from, just like blocks getting hashed are where the blockchain receives its name.


MAX SUPPLY

4,294,967,296(2³²)
Block Explorer

http://explorer.xdag.io/

MINING & DISTRIBUTION
CPU/GPU mining, no ICO, no pre-mine
Block Reward: 1024

Informative Presentation About XDAG 

List of Mining Pools      How to Mine with CPU- Tutorial

Download 64 bits Wallet  Download Android Wallet

Download GPU Miner


Principles:

- Directed acyclic graph (DAG), not blockchain
- Block = transaction = address
- Mineable, no premine, no ICO
- New money generates every 64 seconds
- Simple original C realization, its not a clone of another soft
- Double sha256 hash, ECDSA cryptography (openssl)
- GPU mining at present time, bitcoin asics are not suitable


We welcome more community Dev's / Contributors, Join Discord to know more!