Greeting BlockDAG community, We’re currently advancing along our development roadmap, focused on integrating peer-to-peer (P2P) networks into blockDAG. An essential part of this integration is establishing effective communication channels between nodes, which requires selecting a robust algorithm for successful implementation. In today’s post, we explore protocols to identify the ideal fit for BlockDAG. We’ve investigated […]
Today was a long hectic day that included various internal meetings and discussions around gossip protocol which would help us in implementation of P2P networks in blockDAG. One of the available option is the gossip protocol. Now, let’s understand why this protocol came into picture. Gossip Protocols: Rumor Mongering with a Purpose (and Anti-Entropy as […]
Greetings community! Hope you all had a great weekendThis week at BlockDAG project, we’re obsessed with pushing the boundaries of blockchain technology. One key area of focus is the power of peer-to-peer (P2P) networks to unlock true scalability and usher in a new era of decentralized applications. By the end of day we came up […]
Hey BlockDAG community, blockchain enthusiasts, and everyone in between! This week, the BlockDAG team continued its in-depth exploration of the technologies that will form the backbone of our network. Our analysis of DAG BFT demonstrated its power to streamline transaction ordering and enable truly independent consensus, paving the way for enhanced scalability. Additionally, we’ve assessed […]
Hey BlockDAG community, blockchain enthusiasts, and everyone in between!As we forge ahead with BlockDAG’s smart contract development, let’s dive deeper into the intricate details of our evolving platform. This post is a developer’s delight, exploring technical considerations and the potential standards BlockDAG will leverage for its smart contract ecosystem. Smart Contracts: The Heart of BlockDAG’s […]
Greetings BlockDAG community! As we continue fortifying BlockDAG’s security, let’s delve into the realm of consensus mechanisms. These protocols are the lifeblood of our trustless environment, ensuring nodes adhere to the rules and preventing collusion. Our objective: identify the ideal consensus mechanism for BlockDAG. Core Considerations Candidate Consensus Mechanisms: Proof of work (PoW) Technical Details: […]
Hey BlockDAG Community, As we are moving forward with our implementations in our BlockDAG project, we are also looking into the security for our end user. So our developers are also working on MultiSig Module implementation. Multisignature (Multisig) in BlockDAG Multisig transactions offer enhanced security for blockDAG ecosystems by requiring multiple parties to authorize spending. […]
Greetings BlockDAG community! Diving Deeper into DAG BFT: A Technical ExplorationContinuing our implementation of blockchain consensus mechanisms, we delve into Directed Acyclic Graph (DAG) Byzantine Fault Tolerance (BFT). This innovative approach departs from traditional linear chains (like Proof of Work or Proof of Stake) by leveraging DAGs to represent transaction history. This post unpacks the […]
Dear BlockDAG community, This week our engineers took a deep dive into the technical trenches of BlockDAG! Buckle up, because we’ve been busy bees solidifying the foundation for a blazing-fast and secure system. As promised, security was our top priority. We explored potential vulnerabilities and implemented robust safeguards to ensure BlockDAG’s integrity. We understand your […]
Dear BlockDAG community, This week, we’ve been intensely scrutinizing the intricacies of UTXO (Unspent Transaction Output) implementation for our BlockDAG project. As seasoned developers, we understand the criticality of selecting the optimal data management approach for building a secure and efficient application on a DAG-based blockchain. Please note this is our first ever dev releases […]
