DAG
Definition
It is a data structure that stores data in a different structure instead of a chain, eliminating loops and enabling faster transaction confirmations.
Directed Acyclic Graph (DAG) is a data structure that emerged as an alternative to blockchain technology. Unlike a blockchain, in a DAG data is organized in an interconnected manner but does not form a chain. This structure consists of nodes that do not have loops and are directly or indirectly associated with each other. In the DAG, each node contains data and transaction information and is associated with other nodes. This structure increases parallel processing power, speeds up transaction confirmations and provides a more scalable network. It is especially popular among cryptocurrency projects and distributed ledger technologies.
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