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BlockDAG is a Layer 1 proof of work consensus mechanism that evolves the crypto sphere with a cutting-edge Directed Acyclic Graph structure building on the foundations of Bitcoin

The BlockDAG approach to Security, Scalability, and Decentralization

BlockDAG aims to be the fastest, most secure layer 1 in the world. Inspired by , the blockchain aims to
have scalability, security and decentralization that can accommodate the demands of decentralized
finance and other DApps. BlockDAG builds on an improved proof-of-work architecture that will use the
DAG or Directed Acyclic Graph structure to register transactions in its ledger.

BlockDAG’s hybrid consensus mechanism enables multiple blocks to be added to its ledger and
simultaneously include the added blocks into the ledger. Through the process of simultaneous
addition of blocks, BlockDAG ensures very fast transaction times while maintaining the highest level of
security. Like and Bitcoin before it, BlockDAG is fully decentralized and permissionless. The network is
open to anyone who wants to participate in mining BDAG and validate transactions on its blockchain.

The robust security on offer on the BlockDAG network relies on its next-generation hybrid consensus
protocol to ensure that any attempts to gain hashing supremacy on the network become nearly
impossible with encryption standards that are an improvement on Bitcoin’s SHA-256 algorithm.
BlockDAG’s algorithms deliver high-grade security while not being resource intensive, with BDAG
mining consuming very low power compared to those of KAS and BTC. This innovation in
cryptography results in a network that offers the highest level of security among proof-of-work
blockchains while being power efficient.

BlockDAG’s attempt to solve the decentralization puzzle without compromising security and scalability
involves using its highly efficient mining process to validate transactions. The network’s use of its
advanced consensus mechanism ensures that larger mining pools are not required for miners to
validate transactions. A combination of high hash rate and low power requirements for mining adjusts
difficulty based on the computational power of each miner, thus preventing the centralization of
mining power in the hands of a few large-scale mining operations.

As BlockDAG gears up for launch, it envisions a blockchain that not only overcomes the throughput/
security tradeoff but sets new benchmarks for efficiency, resilience, and inclusivity