BlockDAG vs Solana: Speed, Scale, and a New Challenger in Web3
Main Idea
BlockDAG emerges as a new challenger to Solana in the Web3 space, offering a hybrid DAG + Proof-of-Work architecture with competitive speed and scalability, while Solana maintains a strong developer ecosystem and established market position.
Key Points
1. BlockDAG has raised over $360 million and uses a hybrid DAG + Proof-of-Work architecture, aiming for scalability and decentralization with a GLOBAL LAUNCH set for August 11.
2. Solana is known for its high throughput (65,000 TPS theoretical, 1,000–2,000 TPS real-world) using Proof-of-History + Proof-of-Stake, but has faced network outages and centralization concerns.
3. BlockDAG's performance tests show it can process up to 10 blocks per second with throughput between 2,000 and 15,000 TPS, leveraging Proof-of-Work for decentralization.
4. Solana has a large developer community with thousands of dApps, while BlockDAG is EVM compatible, supports Solidity, and has over 4,500 developers building on it with 300+ dApps in progress.
5. BlockDAG's X1 mobile miner app has attracted 2.5 million users, and its ecosystem includes a 10 BTC Auction Pool and Cold Wallet integration, contrasting with Solana's reliance on third-party wallets.
Description
For years, Solana has been the poster child for high-speed Layer 1 blockchains, delivering lightning-fast transactions and a vibrant ecosystem of DeFi, NFTs, and gaming dApps. Its low fees and rapid confirmation times have earned it a loyal following — and a top 10 position by market cap. But a new challenger, BlockDAG , has emerged with serious momentum, raising over $360 million in presale funding and launching live user tools before even hitting public exchanges. Built on a hybrid DAG + Proof...
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