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Solana’s DEXes, decentralized crypto exchanges on the Solana blockchain, hit a new milestone with $60 billion in March transactions, showcasing its scalability and popularity.
During the same period, BlockDAG’s (BDAG) innovative L1 blockchain, with its PHANTOM protocol and GHOSTDAG algorithm as highlighted in its latest technical whitepaper, is grabbing traction.
Supporters of BlockDAG (BDAG) can take part in pre-sale and buy tokens here.
Solana’s DEXes Shatter Records with $60 Billion in Transactions
Solana’s DEXes have recently made headlines by processing a staggering $60 billion in cryptocurrency transactions in March alone, setting a new record. This achievement highlights the platform's growing popularity and robust infrastructure.
Solana DEX's ability to handle such high transaction volumes is a testament to the scalability and efficiency of the Solana blockchain. Users are increasingly drawn to Solana DEX due to its low fees and fast transaction speeds, making it a competitive alternative to other decentralized exchanges. As the crypto market continues to expand, Solana DEX is poised to play a significant role in the decentralized finance ecosystem.
BlockDAG's Technical Whitepaper Launch Attracts New Enthusiasts
BlockDAG celebrated its latest technical whitepaper release and its presale success by making a big splash on Las Vegas Sphere, marking a pivotal moment for this innovative blockchain project. This surge in expectations is driven by BlockDAG's departure from traditional linear blockchain architecture, instead opting for a Directed Acyclic Graph (DAG) structure.
The technical whitepaper delves into the intricate algorithms governing BlockDAG, detailing how blocks are created, ordered, and secured within the DAG. The protocol introduces novel concepts like k-clusters and the maximum k-cluster SubDAG problem, alongside the selection and sorting processes crucial for maintaining network integrity and scalability. The innovations herald BlockDAG as a layer-1 blockchain.
Furthermore, BlockDAG also introduces the PHANTOM protocol and GHOSTDAG algorithm to achieve consensus within its DAG structure, ensuring that the network remains secure against malicious actors while efficiently ordering transactions. BlockDAG's momentum continues to grow, with its 6th batch of coins currently selling at $0.0035 each coin.
BlockDAG's layer 1 blockchain offering a unique approach has left crypto enthusiasts and analysts impressed. Its PHANTOM protocol and GHOSTDAG algorithm promise secure, efficient transactions, challenging traditional linear blockchain models. As the industry evolves, BlockDAG's novel concepts and robust infrastructure position it as a key player in decentralized finance.
Join BlockDAG Presale Now:
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
Dan Burgin
Alex Dovbnya
Denys Serhiichuk
