I understand the potential benefit of BlockDAG, compared to a traditional blockchain. But what I'm not sold on is if it actually works or not.

As I watched a couple of the foundational YouTube videos, I feel like I got a good grasp of the mechanics of BlockDAG. I could be wrong about that, but this is my current understanding...

Instead of relying on a sequential agreement on blocks, like in a traditional blockchain, BlockDAG seeks to dramatically increase transaction speed (and other benefits) by creating a more "fuzzy logic" transaction approval system. So a block only has to be validated by a small number of validators closely connected to the block creator.

From there, BlockDAG goes through a process of validating blocks based on the number of validations a block has received and the weight of the validators. It also factors in an "anchor chain," or the most trusted ordering of transactions. This would be more akin to a traditional blockchain. The ordering gets stored permanently in the blockchain. They also add additional weighting criteria called a ghost pointer.

The biggest problem that I see with this system, is that it gets harder and harder to determine the anchor chain, as the number of devices on the network increases. It probably works very well at small scales, but I see an issue when there are a ton of devices. At scale, I feel like a traditional block chain would do a better job of properly ordering transactions.

Taraxa

I understand the potential benefit of BlockDAG, compared to a traditional blockchain. But what I'm not sold on is if it actually works or not. 

As I watched a couple of the foundational YouTube videos, I feel like I got a good grasp of the mechanics of BlockDAG. I could be wrong about that, but this is my current understanding...

Instead of relying on a sequential agreement on blocks, like in a traditional blockchain, BlockDAG seeks to dramatically increase transaction speed (and other benefits) by creating a more "fuzzy logic" transaction approval system. So a block only has to be validated by a small number of validators closely connected to the block creator. 

From there, BlockDAG goes through a process of validating blocks based on the number of validations a block has received and the weight of the validators. It also factors in an "anchor chain," or the most trusted ordering of transactions. This would be more akin to a traditional blockchain. The ordering gets stored permanently in the blockchain. They also add additional weighting criteria called a ghost pointer. 

The biggest problem that I see with this system, is that it gets harder and harder to determine the anchor chain, as the number of devices on the network increases. It probably works very well at small scales, but I see an issue when there are a ton of devices. At scale, I feel like a traditional block chain would do a better job of properly ordering transactions.

Tartarian

Taraza aims to solve real-world problems by combining several innovative features under the hood of its t-Graph consensus protocol. The technology behind it can be found below

The Architectural Pillars:

EVM compatibility: Developers familiar with Ethereum can easily build smart contracts on Taraxa, leveraging existing tools and knowledge.

t-Graph consensus: This unique consensus mechanism allows for faster finality and higher transaction throughput compared to traditional blockchains.

Modular design: Taraxa's architecture allows for the addition of new features and functionalities through modules.

The Problem-Solving Toolkit:

Revenue-sharing models: Taraxa's design empowers businesses to build applications with built-in revenue-sharing mechanisms, enabling sustainable growth and fairer value distribution. Imagine a blockchain ecosystem where everyone wins.

Interoperability: Taraxa integrates seamlessly with other blockchains through Inter-Blockchain Communication (IBC), fostering collaboration and data exchange across the wider blockchain landscape.

Open-source development: Taraxa's code is publicly available, encouraging community participation and ensuring transparency in its development process.

Taraza aims to solve real-world problems by combining several innovative features under the hood of its t-Graph consensus protocol. The technology behind it can be found below

The Architectural Pillars:

EVM compatibility: Developers familiar with Ethereum can easily build smart contracts on Taraxa, leveraging existing tools and knowledge. 

t-Graph consensus: This unique consensus mechanism allows for faster finality and higher transaction throughput compared to traditional blockchains. 

Modular design: Taraxa's architecture allows for the addition of new features and functionalities through modules. 

The Problem-Solving Toolkit:

Revenue-sharing models: Taraxa's design empowers businesses to build applications with built-in revenue-sharing mechanisms, enabling sustainable growth and fairer value distribution. Imagine a blockchain ecosystem where everyone wins.

Interoperability: Taraxa integrates seamlessly with other blockchains through Inter-Blockchain Communication (IBC), fostering collaboration and data exchange across the wider blockchain landscape. 

Open-source development: Taraxa's code is publicly available, encouraging community participation and ensuring transparency in its development process.

Crypto Gad

Very exiting project. This was introduced by "Shoe" (who also introduced Kaspa to Cyrator). He calls Kaspa "Bitcoin 2.0" and Taraxa (TARA) "Ethereum 2.0".

The reason is that while Kaspa (KAS) invested the blockDAG protocol, Taraxa (TARA) is using blockDAG as well, but with native smart contracts and proof of stake instead of proof of work (as far as I understood correctly).

To put it in perspective: So far, all layer ones were block-CHAINS (or DAGs), which means one block is produced after another and there's always a hard coded time delay between each block. This design makes it very difficult to scale (Taraxa's founder Steven Pu explains this very well in his short explainer series). Block-DAGs don't have a hard coded delay, meaning miners don't have to wait for a block to finish and can therefore work on various blocks simultaneously. So the network can scale much faster with the same amount of miners.

I think there's a good chance that BlockDAGs will revolutionize the industry with Kaspa and Taraxa being just the first two projects of many more to come.

Disclaimer: I hold both these projects and will be following them closely. I'll also be looking out for new projects that implement and improve upon the blockDAG technology.

I highly recommend watching the short 5 series explainer videos by Taraxa Founder Steven Pu.

Very exiting project. This was introduced by "Shoe" (who also introduced Kaspa to Cyrator). He calls Kaspa "Bitcoin 2.0" and Taraxa (TARA) "Ethereum 2.0".

The reason is that while Kaspa (KAS) invested the blockDAG protocol, Taraxa (TARA) is using blockDAG as well, but with native smart contracts and proof of stake instead of proof of work (as far as I understood correctly).

To put it in perspective: So far, all layer ones were block-CHAINS (or DAGs), which means one block is produced after another and there's always a hard coded time delay between each block. This design makes it very difficult to scale (Taraxa's founder Steven Pu explains this very well in his short explainer series). Block-DAGs don't have a hard coded delay, meaning miners don't have to wait for a block to finish and can therefore work on various blocks simultaneously. So the network can scale much faster with the same amount of miners.

I think there's a good chance that BlockDAGs will revolutionize the industry with Kaspa and Taraxa being just the first two projects of many more to come. 

Disclaimer: I hold both these projects and will be following them closely. I'll also be looking out for new projects that implement and improve upon the blockDAG technology. 

I highly recommend watching the short [5 series explainer videos by Taraxa Founder Steven Pu](https://www.youtube.com/watch?v=RZMeqLyjcy8&list=PL8zG3pFXCwihwFsLF9p1Nw47jVTe2FUTa&index=5&ab_channel=TaraxaProject).

Taraxa TARA

PoS based on blockDAG with true finality