Having risen to prominence with its advanced PoW and DAG capabilities that tackle the complexities of traditional blockchains, BlockDAG achieved the top ranking on CoinSniper, netting an impressive 1120% ROI for its first batch of investors. CoinSniper has been the discovery platform for major cryptos like Dogecoin and Shiba Inu, and for BlockDAG, this accolade signals its potential ascent into the top 10 cryptocurrencies.
BlockDAG claimed this prestigious ranking following its highly acclaimed “moon-themed” Keynote 2, highlighting its technological advances, updates, and expansion strategies. This keynote emphasised how BlockDAG’s DAG-based PoW consensus “eliminates the need for miners by allowing multiple transactions to be confirmed simultaneously, enhancing scalability.” This PoW includes robust protocols like Transaction Issuance, PoW verification, Consensus Establishment, and Conflict Resolution, enabling fast transaction throughputs and a highly secure decentralised ledger.
