Since Bitcoin’s release in 2009, blockchain has been the core of most crypto platforms. But after more than a decade, this setup is starting to struggle. Many networks still deal with delays, high fees, and slow confirmation times. These issues remain even on platforms with huge user bases. Directed Acyclic Graphs, or DAGs, now offer a new direction. DAG networks use a different structure by processing transactions at the same time. Instead of lining up transactions in blocks, each transaction links to others in a web-like form. This method supports faster speeds and allows more activity at once. Projects such as IOTA and Kaspa have worked with DAG setups. But now BlockDAG (BDAG) is stepping into the space with a new approach. It combines Proof-of-Work (PoW) security with the speed and structure of DAG systems. With over $338 million raised, the project is gaining attention in the crypto space. Why DAG Tech Solves Problems Blockchains Still Face One of the main issues with blockchains is how slow they can get. Each transaction must go into a block, and each block has to follow the last. This slows the network and limits how many actions it can handle per second. Even big chains like Ethereum and Bitcoin deal with these limits. DAGs work differently. They do not use blocks in order. Instead, each transaction checks others and adds to a growing graph. This web-like shape lets many transactions run at once. Some key outcomes include: Faster confirmation times Lower transaction fees More transactions per second Better energy use This setup could support crypto’s shift into everyday use. Whether for online shopping, smart devices, or business tools, networks need to move fast and scale easily. Traditional blockchains may not be enough. DAG systems are now offering another way forward. BlockDAG’s Hybrid Setup Combines Speed with Strong Security BlockDAG stands out not just for using DAG, but for how it builds on it. It blends a DAG-based transaction setup with a Proof-of-Work (PoW) layer. This design brings together fast processing and strong network safety. Few Layer 1 networks manage both. In this model, miners still check and confirm transactions, like on Bitcoin. But now those transactions are not limited to a single chain of blocks. This structure keeps the network open and secure while making it much faster than older chains. This basic idea also helped Kaspa grow its user base. But BlockDAG is going further, with tools for developers, a working testnet, and mobile mining apps already in use. BlockDAG Network Expands with Testnet, $338M Raised, and 2M Users BlockDAG’s progress is not just a concept; it’s already happening. The project’s testnet is live and open to everyone. It supports smart contract testing, node setup, and checking how decentralized apps work. More than 2 million users are mining BDAG coins through the X1 Miner app , and over 18,500 ASIC mining machines have been bought before the mainnet goes live. The presale has passed $338 million, with more than 23.8 billion BDAG coins sold. This puts it among the biggest public crypto fundraises since Filecoin and Tezos. With the GLOBAL LAUNCH release set for August 11, the chance to join early is running out. BlockDAG is doing more than just building tech. It’s pushing its plan with strong global efforts. The platform is now the Official Blockchain Partner of two U.S. sports teams: the Seattle Seawolves from Major League Rugby and the Seattle Orcas from Major League Cricket. These deals bring Web3 tools like NFTs and fan tokens into live sports, helping millions of people connect with BDAG in natural and fun ways. Earlier brand work with UFC champion Alex Pereira and Italian football club Inter Milan also shows BlockDAG’s aim to reach more people beyond the usual DeFi users. Current BDAG Rate Holds Until August 11 At this moment, BDAG is available at $0.0016, which stands out when compared to early values of other Layer 1 projects. Time is limited, though. The team has confirmed that the unlock offer, which lets 80% of the tokens be used on Day 1, will only last for a short period. Since the crypto presale is nearly over and the mainnet is getting close, the BDAG price may not stay in this range much longer. Whether BlockDAG follows Kaspa’s path or takes its own direction, the need for fast and secure DAG-based systems in the market is growing stronger. Presale: https://purchase.blockdag.network Website: https://blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu The post Over $338M Raised: How DAG Tech Could Shape Crypto’s Future as BlockDAG Builds Momentum appeared first on TheCoinrise.com .
The downfall of Do Kwon
