Directed Acyclic Graph (DAG)

- CoinGecko 님 | 업데이트: Mar 03, 2020
Directed acyclic graphs refers to a data structure that is built in one single direction, yet branches out and never repeats. Directed = Connections between two points (nodes) have directions such that A -> B is not the same as B -> A. Acyclic = Opposite of cyclic where you’ll end up where you started from after some time. In an acyclic system, you’ll never encounter the same point (node) twice. Graphs = A structure consisting of points (nodes) that are connected. Compared to a regular blockchain data structure which operates in one straight chain, DAG based systems have more breadth as the network is similar to a expanding tree rather than a straight chain.

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관련 용어

Pay-Per-Last N Shares (PPLNS)
PPLNS system only pays miners after the pool has discovered the block. This means you'll only be compensated once the block has been discovered.
Non-custodial
It is a decentralized type-of-wallet, where the users owns its private keys.
Unspent Transaction Output
(abbv. "UTXO") Coins that are unspent in the wallet. UTXO virtually represents the cryptocurrency one own in the wallet.
Public Blockchain
An open sourced blockchain where participation is public and permissionless
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