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Distributed Ledger Technology: Blockchain Compared to Directed Acyclic Graph

2018/07/01 by Federico Matteo Benčić, Ivana Podnar Žarko · 1 citation
Computer Science · Materials Science · #Blockchain Technology Applications and Security #Distributed systems and fault tolerance #Nanocluster Synthesis and Applications #Blockchain #Directed acyclic graph #Distributed ledger #Scalability #Computer science #Cryptocurrency #Ledger #Synonym (taxonomy) #Database transaction #Distributed computing #Theoretical computer science #Preprocessor #Database #World Wide Web #Computer security #Programming language #Algorithm #Business #Accounting

paper · doi:10.1109/icdcs.2018.00171

openalex publication_date 2018/07/01 · openalex created_date 2025/10/10 · openalex updated_date 2026/07/29

Abstract

In addition to blockchain, a new paradigm is gaining momentum in the filed of distributed ledger technology—directed acyclic graphs. This paper compares the two paradigms focusing on features relevant to distributed systems using the following representative implementations: Bitcoin, Ethereum and Nano. We examine the applied data structures for maintaining the ledger, consensus mechanisms, transaction confirmation confidence, ledger size, and scalability.

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