What is a DAG-Based Cryptocurrency - and Why It Matters

This story was originally published on HackerNoon at: https://hackernoon.com/what-is-a-dag-based-cryptocurrency-and-why-it-matters.
Not every cryptocurrency runs on a blockchain. Learn what a DAG is, how it works, and why it matters for the future of crypto.
Check more stories related to undefined at: https://hackernoon.com/c/undefined. You can also check exclusive content about #dag-blockchain, #what-is-dag, #directed-acyclic-graph, #crypto-networks, #decentralization, #censorship-resistance, #obyte, #good-company, and more.

This story was written by: @obyte. Learn more about this writer by checking @obyte's about page, and for more stories, please visit hackernoon.com.

A DAG-based cryptocurrency, like Obyte, is a decentralized network where users add their own transactions to the ledger without middlemen or gatekeepers. This design offers maximum decentralization, making it resistant to censorship and manipulation, unlike traditional blockchains.