/biz/ - Business & Finance

[Anonymous No.49253793]

>The DAG model is seen as a possible solution to the current decentralization issue in crypto. With this model, miners will not have to compete for new blocks to add to the chain. With nodes developed simultaneously, transactions can likewise be processed faster

I will like to remind you all that the Directed Acyclic Graph ledger structure that Vite and Vita Inu implements solves 90% of the problems of centralization most cryptos have and you're basically retarded for not building your bags in it.

[Anonymous No.49253821]

>shill pepe
Doubt

[Anonymous No.49253865]

>>49253793
>buzzword salad
Yes, because whatever you said makes absolute fucking sense. The least you could do is explain your shit before you shill it.

[Anonymous No.49253905]

>>49253793
>Directed Acyclic Graph
all blockchains are DAGs, be more specific
oh damn, you can't because you don't know jack shit

[Anonymous No.49253925]

>>49253793
>Directed Acyclic Graph ledger structure that Vite and Vita Inu
>Vite and Vita Inu
idk what the fuck vite and vita inu is but u are retarded if u think those two shitcoins somehow have a patent on DAGs. DAGs are used everywhere in crypto and theyre old news.

[Anonymous No.49253933]

>>49253793
I agree, Nano is based.

[Anonymous No.49253950]

>>49253905
>>49253933
>>49253925

>ICP
>VITE AND VITA INU
>NANO

Yeah, no thanks, pass

[Anonymous No.49253951]

>>49253905
>all blockchains are DAGs
nigga what? ur smoking

[Anonymous No.49253957]

>>49253951
But can someone explain what the fuck is this new bullshit

[Anonymous No.49253966]

>>49253951
I mean a chain of blocks one after the other is technically a DAG.

[Anonymous No.49253992]

>>49253905
Nigger, if it has a DAG it's not a Blockchain.

[Anonymous No.49254070]

>>49253966
no one in the history of ever calls a blockchain a dag. regardless of the fact that technically a blockchain is a subset of dags, no says that.

when you see a square is it a square or a rectangle? its a square. and when you see a blockchain is it a blockchain or a dag? its a blockchain

>>49253957
literally just google a picture of a graphical representation of a dag. if you cant instantly understand what it is upon looking at a photo of it u are low iq and ngmi

[Anonymous No.49254072]

>>49253966
this guy gets it
even more so if you consider the dead blocks which don't make it into the chain
>>49253951
>>49253992
back to git basics tutorial you go

[Anonymous No.49254116]

>>49253957

[Anonymous No.49254151]

>>49254116
Doesn't that make Blockchains simpler and better to be used for mass adoption then? Why would I want to look into DAG then?

[Anonymous No.49254156]

>>49254072
cringe midwit syndrome

[Anonymous No.49254211]

>>49254151
Because a Blockchain is sequential. The image I posted is simplified and doesn't show uncle blocks, but basically transactions are packaged in each block every n seconds and every x blocks (6+ typically) everyone accepts those transactions as valid.

This is secure but slow. So the DAG was invented to allow for more transactions to be written.

[Anonymous No.49254216]

>>49253793
>mfw the shitcoin takes me at supersonic speed to the alley, equipping me with: 1x coat with patches, 2x cracked gloves, 1x pants with rope (double use, as an escape from reality and as a belt)

[Anonymous No.49254245]

>>49254070
It's still not wrong although it is an oddly specific way to mention it. Certainly doesn't warrant these answers >>49253951 >>49253992

[Anonymous No.49254357]

>>49253865
>>49253905
What? I go to the bathroom for a second and find a literal retarded posting jack shit on the thread of a thing he doesn't know about. What's next, BTC is also a DAG??

[Anonymous No.49254360]

>>49253905
Nigga no

[Anonymous No.49254366]

>>49253905
KEK the level of retardation

[Anonymous No.49254379]

>>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.

[Anonymous No.49254377]

>>49253905
>all blockchains are DAGs
what happened Biz bros

[Anonymous No.49254396]

>>49254377
>>49254366
Pure midwit energy. See >>49253966 and die in shame.

[Anonymous No.49254398]

I unironically love black people

[Anonymous No.49254419]

>>49253793
I like and use VITE, but I only got in after the massive disappointment NANO turned out to be. The VITE DEX while superior, still can improve though, and CCIP is looking awesome but until I see XMR being launched into the CCIP application, I don't think I will be using it too much.

[Anonymous No.49254429]

>>49254379
I think the idea was to fuse Vite's implementation of the DAGs and Vita Inu's meme potential to make a coin that could attract mass adoption or some shit like that
which makes the posts saying that everything crypto has DAGs funnier

[Anonymous No.49254443]

>>49254419
>nano

[Anonymous No.49254458]

>>49254379
based knowledgefag

[Anonymous No.49254474]

>>49254379
thanks anon

[Anonymous No.49254476]

>>49253793
Why retards are so desperate to make losing money fun?

[Anonymous No.49254513]

>>49254396
Its not. There are many technical differences between a DAG architecture and a traditional blockchain structure like Bitcoin. The brief comparison is that the DAG architecture allows more transactions to be validated simultaneously, compared to a blockchain, new transactions can proceed without requiring previous transactions to first be validated. On the DAG architecture, transactions can be directly added to the blockchain. Transactions are validated only if they are referenced by another transaction, they do not need to be validated by every single node within the network before they can proceed.

Basically every nigga here saying every coin uses DAG architecture is not only larping but should be removed from the blockchain posthaste

[Anonymous No.49254522]

>>49254513
>2+2 = 5
based

[Anonymous No.49254532]

>>49254379
too retarded to understand business text, thanks love

[Anonymous No.49254543]

>>49254513
Thanks fren

[Anonymous No.49254544]

>>49254513
No you don't get it. A blockchain (as in a sequence of blocks linked together in a specific order) is quite literally a DAG. There's no way around it. What you mean is a block lattice, see >>49254379.

[Anonymous No.49254560]

>>49254245
It was 1000000% wrong
>OP: blah blah blah using DAGs instead of blockchains is the future
>faggot: all blockchains are DAGs be more specific.

This is equivalent to
>OP: blah blah blah using rectangles instead of squares is the future
>faggot: all squares are rectangles be more specific

And both are retarded because with any level of comprehension its obvious that non-square rectangles is meant

[Anonymous No.49254565]

>>49254513
>>49254544
Everyone is wrong, nobody wins, fpbp
end thread

[Anonymous No.49254611]

>>49254565
based tho

[Anonymous No.49254619]

>>49254513
No, no, let the retards keep going on, this is fun

[Anonymous No.49254632]

>>49254544
i think OP was still right even if the formatting is somewhat funny to read

[Anonymous No.49254653]

>>49254565
No, I'm the only smart person in here, the rest of you are peepee poopoo heads.

[Anonymous No.49254674]

>>49254513
>>49254544
>prominence

[Anonymous No.49254688]

>>49253905
>>49253950
>>49254216
>>49254379
>>49254513
>>49254544
>>49254560
So what i gathered from everything is that a bunch of knowledgefags can't tell the difference between a square and a rectangle and that has something to do about defi?

[Anonymous No.49254710]

>>49254688
No, you basically have the midwit brainlets saying that a square isn't a rectangle, and then you have the people that completed kindergarten.

[Anonymous No.49254717]

>>49254688
>OP shills a coin
>"No op, your shill is wrong because pee pee"
>No, anon, in fact (YOUR) post is wrong because pee pee is poo poo
>Acshually pee pee is pee pee
>Buy my coin

[Anonymous No.49254722]

>>49254717
based, im buying

[Anonymous No.49254726]

>>49254717
sigh time to buy

[Anonymous No.49254734]

>>49254717
time to balls deep into vita then

[Anonymous No.49254744]

>>49253793
>DAG
Really? What is this? 2017? Are you gonna shill me some ICO coin next?

[Anonymous No.49254766]

>>49254717
>"TELL HER THAT HIS MOM IS FAT AND YOU'LL FUCK HER"
>"YOU TELL HIM THAT HE'S RETARDED AND DUMBFUCK"

[Anonymous No.49255203]

>>49254744
This is 2022 and all of the scams around DAGs and ICOs are dead, which means you should buy DAGs.

[Anonymous No.49255256]

People are talking about DAGs but not knowing $Dag get on their mainnet and support a node.
You'll miss big things when you are priced out. Constellation Network

[Anonymous No.49255531]

What do you mean? I'm loaded up on a privacy dag