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BlockDAG Dev Release 38 Boosts Crypto with Advanced DAG Tech Consensus and Record 6200 Miner Sales

May 27, 2024 By Crypto Reporter

BlockDAG continues to revolutionize the cryptocurrency space with its Development (Dev) Releases. The 38th Dev Release introduces substantial enhancements to its DAG-based consensus mechanisms, focusing on optimizing transaction ordering and block validation within its unique Directed Acyclic Graph structure.

These improvements enhance the security and scalability of BlockDAG’s network, solidifying its market presence and driving robust sales of the X30 Miner. With over 6200 units sold and a presale reaching Batch 15, generating over $2.7 million, BlockDAG’s impact on the crypto market is undeniable.

BlockDAG: Miner Sales Soar to $2.7M

BlockDAG is setting new standards in the cryptocurrency landscape with its innovative proof-of-work consensus mechanism built on a Directed Acyclic Graph (DAG) structure. Unlike traditional blockchain technologies, BlockDAG focuses on enhanced security and sustainability, aligning with the growing demand for eco-friendly crypto solutions. This approach offers improved efficiency and has garnered significant online attention, with endorsements from prominent YouTubers highlighting BlockDAG’s technological advancements.

A standout feature of BlockDAG’s offerings is the X30 Miner, a key product in the X Miner series designed to optimize mining operations. Boasting a substantial 280 GH/s hash rate, the X30 triples mining efficiency while maintaining a compact size and low noise levels, making it suitable for various environments.

Additionally, this mining rig leverages advanced ASIC technology tailored for the BlockDAG ecosystem, significantly enhancing computational efficiency and mining capabilities. These innovations have driven sales, with over 6200 units sold, pushing BlockDAG’s presale to Batch 15 and generating over $2.7 million from miner sales alone.

BlockDAG Dev 38: Advancing DAG Consensus

The 38th Dev Release from BlockDAG marks significant progress in refining consensus mechanisms tailored for its DAG-based blockchain system. The development team focused on optimizing algorithms to ensure secure, efficient, and scalable transaction confirmation.

A key innovation is the method for ordering transactions and validating blocks within the DAG structure. This approach maintains consistent transaction order across multiple parallel chains, ensuring the integrity and security of the BlockDAG network.

The technical team introduced a pseudocode for ordering transactions, utilizing a timestamp-based sorting method to establish a reliable transaction sequence. This method sorts transactions by their timestamp within the DAG, forming an ordered list crucial for the coherent progression of the blockchain. Additionally, the release includes a mechanism for calculating the weight of blocks, fundamental in determining the heaviest path in the DAG.

Furthermore, BlockDAG has implemented a new block confirmation process based on the cumulative weight of subgraphs. This involves calculating the total weight of all blocks within a subgraph rooted at a specific block, using this metric to determine consensus and confirm transactions reliably.

The release also marks the beginning of Phase 2 of the X1 Miner application, focusing on enhancing user experience with several key updates. The development team has addressed bug fixes and optimizations, ensuring the app’s stability and performance. The application has passed Google Play’s approval process and is in the final stages of review on the Apple App Store.

BlockDAG: Setting New Benchmarks in Crypto

BlockDAG’s 38th Dev Release has set a new standard in the crypto industry with its advanced enhancements, such as improved transaction ordering and block validation processes. These innovations not only boost the security and efficiency of the BlockDAG network but also significantly enhance its scalability.

This Dev Release has been instrumental in increasing the sales of BlockDAG’s miners, driving a surge in demand for the X30 Miner. Consequently, BlockDAG’s coin value has impressively reached $0.009 in Batch 15, with over 6200 miners sold to date. These achievements highlight BlockDAG’s continued commitment to pushing the boundaries of blockchain technology.

Join BlockDAG Presale Now:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of Crypto Reporter. Crypto Reporter is not responsible for the trustworthiness, quality, accuracy of any materials in this article. This article is provided for educational purposes only. Crypto Reporter is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Do your research and invest at your own risk.

Filed Under: General News, News Tagged With: BlockDAG

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