2018/12/01 by Huma Pervez, Muhammad Muneeb, Muhammad Irfan +1 · 1 citation
Computer Science · #Blockchain Technology Applications and Security #IoT and Edge/Fog Computing #Blockchain #Scalability #Directed acyclic graph #Computer science #Database transaction #Distributed computing #Architecture #Distributed ledger #Ledger #Computer architecture #Theoretical computer science #Database #Computer security #Algorithm
paper · doi:10.1109/icosst.2018.8632193
openalex publication_date 2018/12/01 · openalex created_date 2025/10/10 · openalex updated_date 2026/07/29
Blockchain is a shared distributed ledger that promises tamper-proof secure transactions over the highly available and resilient network involving multiple participants. Directed Acyclic Graph (DAG) has revolutionized the blockchain technology. Owing to its optimized validation mechanism, high scalability, efficient provenance, support for IoT and multiparty involvement, DAG is rapidly over-shadowing traditional blockchain architecture. In this paper, we present a comparative analysis of most popular DAG based blockchain architectures including Nxt, IOTA, Orumesh, DagCoin,Byteball, Nano and XDAG. The comparison is based on the functional data structures for maintaining the ledger, consensus algorithms, transaction validation, ledger size, scalability and popularity. Extracting the best features various DAG based blockchains, we move on to outline the best of all worlds DAG-based blockchain architecture.