Blockchain or blockdag? Who will come out on top…?

CryptoMartian
3 min readJan 15, 2024
original image from alephzero.org/blog

Welcome, esteemed citizens of “Crypto Nation.” Your presence is vital to our shared mission of advancing the world of cryptocurrency. Together, we can harness the power of this groundbreaking technology and shape the future of finance.

We are living in a remarkable era, where Bitcoin has been leading a revolution for over a decade. However, we are now facing a critical decision.

Blockchain or Blockdag?

What is Blockchain…?

from istockphoto.com

Blockchain is a digital ledger technology that is decentralized and distributed. It securely records and verifies transactions across a network of computers. It consists of a chain of blocks, each containing a list of transactions. Once a block is filled with transactions, it is linked to the previous block, forming a chronological chain. Each participant in the network has a copy of the entire blockchain, ensuring transparency and immutability.

The key features of blockchain include:

1. Decentralization: The network is not controlled by a single entity. Instead, multiple nodes (computers) participate in the validation and verification of…

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CryptoMartian
CryptoMartian

Written by CryptoMartian

Citizent of Crypto Nation in search of freedom in DeFi. Big believer in Mars, Blockchain, WEB3, Kyla Layer-1

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