Dagcoin is not using Blockchain Technology so it does not have bloccks. A cryptocurrency without blocks. But the question is, what's the advantage of not having blocks?
I'll name a few:
*The more transaction, the faster it will confirm. Unlike bitcoin the more transaction, the longer it takes confirms, it tooks a lot of time to confirm a transaction and sometimes can lead to loss of your bitcoin( as what i have experienced).
* No mining centralization
* No limit block drama
* No hard TPS
* Relaxed requirements for bandwidth
* True micropayments
* No dagcoin cryptocurrency mining. No mining or miners in DAGCOIN unlike bitcoin, eth and many altcoins. Just 3% weekly bonus of coins from 100$ package and above for 8 months.
Do you know BYTEBALL? It is the cryptocurrency which is currently valued at $ 800 per coin Rank # 29 in coinmarketcap.com (coinmarketcap.com/currencies/byteball/). Instead of blockchain, byteball uses a unique data structure call DAG (Direct Acyclic Graph? Or known as "Cryptocurrency without blocks. BYTEBALL has an exchanger in BITTREX cryptocurrency trading platform and can be traded to BTC, BYTEBALL price in bittrex is 870$: https://bittrex.com/Market/Index?MarketName=BTC-GBYTE
There are only 3 cryptocurrencies that uses DAG chain and present:
In the end of 2015 a cryptocoin optimized for the Internet-of-Things (IoT) industry called IOTA, was introduced. Instead of the global blockchain, the main innovation behind IOTA is a DAG that they call Tangle - a blockless distributed ledger which is scalable and lightweight. IOTA is currently still in Beta. IOTA ranks number 8 in coinmarketcap http://coinmarketcap.com/currencies/iota/ and has an exchanger in BITFINEX cryptocurrency trading platform and can be exchange in BTC USD and ETH: https://www.bitfinex.com/stats
Byteball was introduced in the middle of 2016. Byteball is a decentralized system that allows tamper proof storage of arbitrary data, including data that represents values such as transferrable currencies, property titles, debt, shares, etc. It is the cryptocurrency which is currently valued at $ 800 per coin Rank # 29 in coinmarketcap.com: http://coinmarketcap.com/currencies/byteball/#marketsThere is an internal currency called 'bytes' that is used to pay for adding data into the database decentralized. Other currencies (assets) can also be freely issued by anyone to represent property rights, debt, shares, etc. Users can send both bytes and other currencies to each other to pay for goods / services or to exchange one currency for another. BYTEBALL has an exchanger in BITTREX cryptocurrency trading platform and can be traded to BTC, BYTEBALL price in bittrex is 870$: https://bittrex.com/Market/Index?MarketName=BTC-GBYTE
and finally the new cryptocurrency that is built on top of Byteball, the manifestation of DAG itself .....
Dagcoin the first assets built on Byteball's platform and network, apart from Byteballs internal currency bytes. Dagcoin and Byteball evolve hand-in-hand: Dagcoin benefits from the developments of Byteball and vice versa. The popularity of either one improves the network effect for the other one. Dagcoin as a cryptocurrency
1. 1,000,000,000 coins - suitable amount of coins for purchases both big and also micropayments
2. decentralized - first external cryptocurrency Byteball on peer-to-peer network which gives you the control over your money.
3. Continuous development - huge community is developing the platform and the wallets.
4. Ec0-friendly - no mi ning hence no heavy use of electricity.
Dagcoin will start their 3 month pre-launch period on the 1st of July 2017, and they are now open for private investors. Instead the usual ICO / Crowdsale, where the only people who gets to buy and participate are cryptocurrency enthusiasts, Dagcoin uses a different approach. They aim to educate every regular people who do now know about cryptocurrency, and build trust as well. Thus, making a stronger demand with exponential growth potential versus their total and limited supply of 1 Billion Dagcoins.
Dagcoin is already in Estonia, Latvia, Lithuania, Ukraine, Russia, Kazakhstan, Germany, Belgium, Hungary, Spain, the Netherlands, Sweden, Norway, England, USA, India, Finland, Indonesia, Philippines, Thailand, Taiwan, China, Vietnam , Japan, South Korea, Hong Kong, Australia, Sri Lanka, Brazil, Canada, Uganda!
Dagcoin is getting global! They're here to educate people about cryptocurrency! And help them earn Millions $$$ s well !!! Especially when it enters public exchangers! Woohhooo !!!
Come on and BUY Dagcoins now before it gets into public exchangers like (ie Poloniex or Bittrex) within this year 2017.
And participate in esay to do mining in DAGCOIN, mine can be done thru internet only. It's easy to do, its that simple. And exchange your coin to BITCOIN and USD in this TOP Cryptocurrency Exchanger's in the World which is POLONIEX , BITTREX and C-CEX.
If you're interested, contact the person who post this blog in his/her facebook not the blogger who created this blog itself.