You are viewing a single comment's thread from:
RE: Dagcoin: A blockless cryptocurrency
Thanks for your elaborate answer. But what does DAGCoin do what Byteball does not do?
Thanks for your elaborate answer. But what does DAGCoin do what Byteball does not do?
@wekkel
Thanks for the reply.
.
First, we should understand that Dagcoin is the first asset built on Byteball’s platform and network, apart from
Byteball’s 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. So I'd like to consider Dagcoin is the "altcoin" of Byteball.
With regards to your question on what Dagcoin does, you can read that on my blog above. The one with "Dagcoin as a cryptocurrency.
They both use DAG (direct Acyclic graph) so technically they have many similarities.
The only difference is, unlike Byteball, Dagcoin is more focused on worldwide commercial and regular use for the people like mobile payments, games, merchants, financial services, payment solutions coz' as I've said it's the asset class buit on Byteball. The altcoin of Byteball.
Differences are also dependent on how far the development of both Byteball and Dagcoin would go in the future. Even though they use same DAG technoloy, the fact that development is a consistent process, many technical and practical differences will appear in the years to come considering that Byteball does not really focus on commercial and regular use for regular people unlike Dagcoin.