💱Efficient Transactions

BlockDAG, leveraging its unique Directed Acyclic Graph (DAG) architecture, significantly accelerates transaction processing, offering near real-time confirmation and eradicating the delays common in traditional block mining. This rapid processing capability enhances user experiences and paves the way for new use cases, especially in scenarios where timing is critical.

Central to the BlockDAG network is BDAG, serving as the essential medium for handling transaction fees. Users employ BDAG to manage the costs associated with their transaction processing needs. These fees play a vital role in maintaining the network's infrastructure by covering operational expenses and incentivizing validators to ensure the security of the Distributed Ledger Technology (DLT) network.

Moreover, BDAG underpins peer-to-peer (P2P) transactions within the BlockDAG ecosystem, enabling users to transfer funds directly between wallets. This functionality provides a decentralized and efficient means for individuals to exchange value, bypassing the need for intermediaries. The ability to securely and instantly transact with BDAG coins facilitates seamless interactions across the network.

Furthermore, BlockDAG offers a high transaction throughput of 2,000 TPS at launch and is expected to exceed 15,000 TPS in the near future, coupling low fees with 3-5 min confirmations. This scalability and efficiency position BlockDAG as a formidable technology for supporting high-volume, time-sensitive applications, revolutionizing how transactions are processed digitally.