In recent weeks, we have witnessed a high amount of rush selling throughout the crypto sector, be it in Bitcoin, Ethereum and every other cryptocurrency. This sell off affected the entire sector and the value of cryptocurrencies dropped by 70-90% of their maximum value.
In the last few days, we have again seen blockchain's congestion and the extreme increase in fees for bitcoin transactions and that's just one current bitcoin problem. Not only is it a bitcoin issue but users of ethereum may experience similar problems and increased fees. DAG technology addresses this fundamental problem and has seen an increase in interest.
Blockchain is a game-changing technology that aims to disrupt markets worldwide, however, Blockchain tech isn’t the only technology with groundbreaking potential in the field. DAG (directed acyclic graph) is one of the main competitors to Blockchain technology. Unlike Blockchain, DAG is a new technology without blocks, miners and expenses on mining itself.