What is Dagger?

"Dagger is part of a new wave of Distributed Ledger projects based on a DAG infrastructure. DAG, or Directed acyclic graph, is an alternative method for sending data amongst people within a distributed, decentralized environment. This is done without a blockchain, allowing for greater scalability."

XDag.io

DAG works differently than the blockchain. Where the blockchain requires Proof of Work from miners on each transaction the DAG gets around this by getting rid of the block entirely. Instead, DAG transactions are linked from one to another, meaning one transaction confirms the next and so on. These links are where the term DAG comes from, just like blocks getting hashed are where the blockchain receives its name
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General

TICKER SYMBOLS
XDAG
AGE
2 years old (December 09, 2017)

Technical

BLOCKCHAIN / LEDGER
Uses own
MONETARY POLICY
Maximum Supply (4,294,967,296 coins)
PRE-MINED / RESERVED
No
CONSENSUS MECHANISM
Directed Acyclic Graph (DAG)
MINEABLE / STAKEABLE
Yes
AVERAGE CONFIRMATION TIME
1m 4s
CURRENT BLOCK REWARD
1,024 coins
HASHING ALGORITHM
SHA-256d