In this episode, we cover Directed Acyclic Graph or DAG.
In blockchain, we have blocks as collection of transactions and the current block references the previous one, and a chain is formed.
In DAG, we don’t have any blocks. Transactions directly reference previous transactions. The nodes verify the previous transactions by referencing them in new transactions.
When a new transaction is submitted to a DAG, some previous transactions are referenced in it.
Music: https://www.purple-planet.com
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