Nils Grossberg, a man who, since the actual beginning, needed to bring about positive changes in the world. Being extremely interested in the cryptocurrency sphere, Nils Grossberg, co-founded Dagcoin OÜin May, 2017.
Nils analyzed the cryptocurrency sector and came to a legal conclusion that cryptocurrency is being seen as simply an investment product and nobody is thinking of utilizing the same cryptocurrency in their everyday financial transactions.
According to Nils Grossberg, for a cryptocurrency to be effective and to get tagged as an another mode of payment, it wants to be high on usability factor.
Protection this thinking of his in attention, Dagcoin OÜ developed Dagcoin cryptocurrency which, instead of existence based on the blockchain, is built on the Direct Acyclic Graph or DAG-chain.
How Nils Grossberg’s Dagcoin is different from other cryptocurrencies?
As of now, you requirement be knowing the first difference that Dagcoin is based on DAG-chain and not blockchain like the traditional blockchain based cryptocurrencies. So, how does this impart a strong possible to Dagcoin to become the top cryptocurrency?
- In a DAG-chain, there is no character of an external miner in confirming the cryptocurrency transaction. Instead, a transaction grows confirmed from the transaction done prior to it. This makes the transaction confirmation time in case of Dagcoin to be of few minutes, unlike the traditional blockchain based cryptocurrencies which sometimes take hours to grow a transaction confirmed.
- Since management of DAG-chain takings less processing power, the final transaction charge is also pretty low. The present transaction cost in Dagcoin cryptocurrency is around 0.0005 USD which is drastically low as compared to blockchain built cryptocurrencies.
- DAG-chain is climbable in nature. With more number of users, the presentation of DAG-chain will get even well. Hence, the above mentioned two points will get superior additional.
- DAG-chain is very secure and separately from maintaining an impeccable and immaculate level of security, DAG-chain is very easy and flexible for the users to adopt in their everyday financial transactions. Again, Dagcoin scores higher than other blockchain based cryptocurrencies which are pretty complex to usage for the common folk.
- The above factor of simplicity makes Dagcoin an ideal cryptocurrency for the people living in areas, particularly in Asia and Africa, where there are no centrally administered investment services.
- Dagcoin is pretty modest for these people to adopt and utilize in their everyday financial transactions. This benefit of Dagcoin has through various online merchants to register their online businesses on Dagpay with a hope of reaping incomes from the untapped markets of Asia and Africa.
Dagcoin OÜ developed Dagcoin with an aim of creation cryptocurrency become additional usable and enabling people, who don’t have access to banking services, to get linked with the world. It is understood here currently that Dagcoin, indeed, has the possible of becoming the top cryptocurrency in the world.