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RE: POWERCHAIN: The Revamped Solution For Payments Using Digital Assets
The PowerChain network seems to move away from what contemporary blockchain networks are employing with the use of Dag technology. Could you please explain to me how that increases the speed of transactions and how it makes the network more secured. I love the proposal here though and looking forward to follow up on the development of this amazing project
DAG is a directed graph data structure that uses a topological ordering. The validation of a certain transaction is decided by the number of transactions behind it.
The rate of transactions coming back into the network is lower with more transactions behind it, which makes the transaction safer.
DAG is built with a blockless nature, the transactions run directly into the DAG networks. The whole process is much faster than those of blockchains based on PoW and PoS.
The project is simple to grasp. You can follow up with its development using the links i attached to the article. I will be making another post soon, stay tuned. :)