Directed Acyclic Graph Definition | IoT ONE Digital Transformation Advisors

Terms Glossary D Directed Acyclic Graph

Edit This Term Record

	Directed Acyclic Graph (DAG)

Directed Acyclic Graph (DAG)

Formal	A directed acyclic graph (DAG) is a directed graph data structure that uses a topological ordering. The sequence can only go from earlier to later. Its main application is an alternative to the Blockchain protocol, provided by IOTA and marketed as the Tangle. Read More
Practical	DAG is often applied to problems related to data processing, scheduling, finding the best route in navigation, and data compression. In DLT, DAG can be used for applications that require scalability in the thousands of transactions per second as it does not require miners, it is feeless, and transactions are confirmed much quicker than Blockchain. Read More
Contents

Formal

A directed acyclic graph (DAG) is a directed graph data structure that uses a topological ordering. The sequence can only go from earlier to later. Its main application is an alternative to the Blockchain protocol, provided by IOTA and marketed as the Tangle.

Practical

DAG is often applied to problems related to data processing, scheduling, finding the best route in navigation, and data compression. In DLT, DAG can be used for applications that require scalability in the thousands of transactions per second as it does not require miners, it is feeless, and transactions are confirmed much quicker than Blockchain.

IoT Chain

IoT Chain is an IoT Startup in Singapore that works on providing secure, lite OS for the Internet of Things. IoT Chain is working on solving current IoT Security and safety issues using distributed ledger technology. Using a hybrid approach of Blockchain, Practical Byzantine Fault Tolerance (PBFT) Consensus, and blockless Directed Acyclic Graph (DAG) architecture, ITC is able to create a decentralized IoT network with unparalleled speed and security that allows users to control and monetize their data.

Overview

Directed Acyclic Graph (DAG)

Related Suppliers