BlockDAG Network is a new player in the Layer 1 blockchain arena that has caught the attention of many influencers. As a self-proclaimed blockchain that can cater to industry needs and more, there is a lot of hype surrounding it. To determine the legitimacy of BlockDAG, a review was conducted by examining the website, reading the white paper, and watching the keynotes released thus far.
The foundation of BlockDAG lies in its cutting-edge proof-of-work Layer One blockchain, offering superior speeds, security, and decentralization. It aims to power applications ranging from everyday use to enterprise-grade protocols. The platform boasts a simple application development process, highlighted in its second keynote as a drag-and-drop interface. With Antony Turner as CEO and a team of contributors behind it, BlockDAG has raised $68.4 million and secured UFC Champion Alex Pereira as a sponsored figure.
BlockDAG’s product lineup includes a crypto payment card, BDAG Coin, and Miner. These offerings aim to provide users with diverse options for engaging with the platform. The potential for a 10X return at launch by purchasing the token at the presale price adds to the appeal of BlockDAG. The review delves into the details of these products to provide a comprehensive understanding of what BlockDAG has to offer in the blockchain landscape.
Original article published at: https://www.nigeriabitcoincommunity.com/blockdag-network-is-it-legit-or-scam/
