/biz/ - Business & Finance

>>49254151
In principle, a block lattice (which is what O meant by DAG) means transactions can be executed in any order and therefore allow for more transactions per second, the way NANO does it for example is as follows:
>each wallet has its own sequence of SEND and RECEIVE transactions
>each of those transactions references the corresponding RECEIVE/SEND transaction respectively
>the resulting graph of transactions looks like pic related, and means that no matter the order in which the transactions are executed, the final state should be the same
It works well in ideal situations, but in practice it presents a new set of challenges. NANO for example is pretty sensitive to spam (although all it does is make transactions slow down by a lot, but it doesn't fuck everything up, the network just has to take its time to process the backlog of transactions). They've been working on those issues, so we'll see if they can manage to solve them.