Difference between revisions of "Directed acyclic graph"
From Obyte Wiki
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| '''Consensus''' || Mainchain<ref>https://byteball.org/Byteball.pdf</ref> deterministic<ref>https://byteroll.com/comparison-iota</ref> || Minimal PoW<ref>https://learn.iota.org/faqs</ref>, probabilistic<ref>https://www.quora.com/How-fast-are-IoTA-network-transactions</ref> || Weighted dPoS voting<ref>https://raiblocks.net/media/RaiBlocks_FAQ.pdf</ref> | | '''Consensus''' || Mainchain<ref>https://byteball.org/Byteball.pdf</ref> deterministic<ref>https://byteroll.com/comparison-iota</ref> || Minimal PoW<ref>https://learn.iota.org/faqs</ref>, probabilistic<ref>https://www.quora.com/How-fast-are-IoTA-network-transactions</ref> || Weighted dPoS voting<ref>https://raiblocks.net/media/RaiBlocks_FAQ.pdf</ref> | ||
|- | |- | ||
− | | '''Developer ownership''' || | + | | '''Developer ownership''' || 1%?<ref>https://bitcointalk.org/index.php?topic=1608859.0</ref> || 5%?<ref>https://medium.com/@mistywind/iota-fud-answered-by-a-non-techie-enthusiast-2312325fddb6</ref> || 4.8%?<ref>https://raiblocks.net/page/frontiers.php</ref> |
|- | |- | ||
− | | '''Distribution''' || Free airdrops<ref>https://byteroll.com/airdrop</ref>, 1% premine<ref>https://bitcointalk.org/index.php?topic=1608859.0</ref> || | + | | '''Distribution''' || Free airdrops<ref>https://byteroll.com/airdrop</ref>, 1% premine<ref>https://bitcointalk.org/index.php?topic=1608859.0</ref> || Public ICO. No premine<ref>https://medium.com/@cryptojudgement/iota-promise-of-a-bright-crypto-future-6b7517349e32</ref> || Manual mining via captcha<ref>https://github.com/clemahieu/raiblocks/wiki/Distribution,-Mining-and-Units</ref> |
|- | |- | ||
− | | '''Distribution complete''' || [https://byteroll.com/ | + | | '''Distribution complete''' || No<ref>https://byteroll.com/airdrop</ref> || Yes<ref>https://learn.iota.org/faqs</ref> || Yes<ref>https://raiblocks.net/media/RaiBlocks_FAQ.pdf</ref> |
+ | |- | ||
+ | | '''Divisibility''' || 1 GBYTE: 1 billion Bytes<ref>https://wiki.byteball.org/glossary</ref> || 1 MIOTA: 1 million IOTA<ref>https://i.redd.it/rmrrwbdbddiz.png</ref> || 1 XRB: 10<sup>24</sup> raw<ref>https://github.com/clemahieu/raiblocks/wiki/Distribution,-Mining-and-Units#divider</ref> | ||
+ | |- | ||
+ | | '''Fees''' || [https://byteroll.com/comparison-iota Very small, based on size of data stored] || [https://learn.iota.org/faqs No fees] || [https://raiblocks.net/media/RaiBlocks_FAQ.pdf No fees] | ||
+ | |- | ||
+ | | '''Focus''' || [https://wiki.byteball.org/glossary 1 GBYTE: 1 billion Bytes] || [https://i.redd.it/rmrrwbdbddiz.png 1 MIOTA: 1 million IOTA] || [https://github.com/clemahieu/raiblocks/wiki/Distribution,-Mining-and-Units#divider 1 XRB: 10<sup>24</sup> raw] | ||
+ | |- | ||
+ | | '''Divisibility''' || [https://wiki.byteball.org/glossary 1 GBYTE: 1 billion Bytes] || [https://i.redd.it/rmrrwbdbddiz.png 1 MIOTA: 1 million IOTA] || [https://github.com/clemahieu/raiblocks/wiki/Distribution,-Mining-and-Units#divider 1 XRB: 10<sup>24</sup> raw] | ||
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! scope="col"|IOTA | ! scope="col"|IOTA | ||
! scope="col"|Raiblocks | ! scope="col"|Raiblocks | ||
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! scope="row"|Focus | ! scope="row"|Focus |
Revision as of 13:44, 31 March 2018
DAG, directed acyclic graph, is a distributed-ledger technology that links transactions together directly without miners or blocks.
Currently (January 2018) there are three major DAG-based cryptocurrencies: Byteball, IOTA, and Raiblocks.
There is a wiki article comparing Byteball and IOTA.
Here is a table detailing differences among them. See the Cryptocurrency subreddit thread[1] for further discussion.
Comparison
Byteball | IOTA | Raiblocks/Nano | |
---|---|---|---|
Address reuse | Yes | Not after sending[2] | Yes |
Chain type | Main chain DAG[3] | PoW DAG[4] | dPoS DAG+Blockchain[5] |
Confirmation time (theoretical) | 30 seconds[6] | Instant[7] | Instant[8] |
Confirmation time (current) | ~10 minutes?[9] | Minutes to hours[10] to a day?[11] | ~10 seconds[12] |
Consensus | Mainchain[13] deterministic[14] | Minimal PoW[15], probabilistic[16] | Weighted dPoS voting[17] |
Developer ownership | 1%?[18] | 5%?[19] | 4.8%?[20] |
Distribution | Free airdrops[21], 1% premine[22] | Public ICO. No premine[23] | Manual mining via captcha[24] |
Distribution complete | No[25] | Yes[26] | Yes[27] |
Divisibility | 1 GBYTE: 1 billion Bytes[28] | 1 MIOTA: 1 million IOTA[29] | 1 XRB: 1024 raw[30] |
Fees | Very small, based on size of data stored | No fees | No fees |
Focus | 1 GBYTE: 1 billion Bytes | 1 MIOTA: 1 million IOTA | 1 XRB: 1024 raw |
Divisibility | 1 GBYTE: 1 billion Bytes | 1 MIOTA: 1 million IOTA | 1 XRB: 1024 raw |
Byteball | IOTA | Raiblocks | |
---|---|---|---|
Focus | Smart contracts. | Internet of Things (m2m) | Value transfer (h2h) |
Inflation | None/Deflationary (minus distribution) | None/Deflationary | None/Deflationary |
Offline transactions | Via blackbytes? | Yes | Yes? |
Partnerships | A few? | Many | None as of 2014? |
Public team | Partially? | Yes | Yes |
Privacy | Yes via Blackbytes | Eventually, | Not on chain |
Quantum resistant | Not yet. Via NTRU | Yes | No? |
Smart contracts | Yes | Not yet? | No? |
Supply (Current) | 645,222 GBYTE | 2,779,530,283 MIOTA | 133,248,290 XRB |
Supply (Total) | 1,000,000 GBYTE | 2,779,530,283 MIOTA | 133,248,290 XRB |
Transaction limit (theory) | Unlimited? | Unlimited | Unlimited |
Transaction limit (current) | 10 TPS | 500 TPS in stress tests | 7k TPS on Testnet? |
External links
- Comparison of IOTA and Raiblocks
- Wikipedia DAG article
- https://www.investinblockchain.com/dag-blockchain-new-competitor
- https://www.forbes.com/sites/shermanlee/2018/01/22/explaining-directed-acylic-graph-dag-the-real-blockchain-3-0/#5bdf488e180b
References
- ↑ https://www.reddit.com/r/CryptoCurrency/comments/7iv20r/dag_coin_comparison_byteball_iota_raiblocks_etc
- ↑ https://www.reddit.com/r/Iota/comments/7cze8u/iota_address_reuse_explained_for_laymen
- ↑ https://byteball.org/Byteball.pdf
- ↑ https://iota.org/IOTA_Whitepaper.pdf
- ↑ https://dev.raiblocks.net/page/faq.php
- ↑ https://byteball.org/Byteball.pdf
- ↑ http://www.tangleblog.com/2017/01/03/byteball-vs-iota-token
- ↑ https://raiblocks.net/media/RaiBlocks_FAQ.pdf
- ↑ https://www.reddit.com/r/CryptoCurrency/comments/7iv20r/dag_coin_comparison_byteball_iota_raiblocks_etc/dr2wbdf
- ↑ https://www.reddit.com/r/Iota/comments/6lrf15/tell_me_about_confirmation_times_a_comprehensive
- ↑ https://twitter.com/i/moments/939251289141186560
- ↑ https://www.youtube.com/watch?v=pjIUsVDUr_s
- ↑ https://byteball.org/Byteball.pdf
- ↑ https://byteroll.com/comparison-iota
- ↑ https://learn.iota.org/faqs
- ↑ https://www.quora.com/How-fast-are-IoTA-network-transactions
- ↑ https://raiblocks.net/media/RaiBlocks_FAQ.pdf
- ↑ https://bitcointalk.org/index.php?topic=1608859.0
- ↑ https://medium.com/@mistywind/iota-fud-answered-by-a-non-techie-enthusiast-2312325fddb6
- ↑ https://raiblocks.net/page/frontiers.php
- ↑ https://byteroll.com/airdrop
- ↑ https://bitcointalk.org/index.php?topic=1608859.0
- ↑ https://medium.com/@cryptojudgement/iota-promise-of-a-bright-crypto-future-6b7517349e32
- ↑ https://github.com/clemahieu/raiblocks/wiki/Distribution,-Mining-and-Units
- ↑ https://byteroll.com/airdrop
- ↑ https://learn.iota.org/faqs
- ↑ https://raiblocks.net/media/RaiBlocks_FAQ.pdf
- ↑ https://wiki.byteball.org/glossary
- ↑ https://i.redd.it/rmrrwbdbddiz.png
- ↑ https://github.com/clemahieu/raiblocks/wiki/Distribution,-Mining-and-Units#divider