XDAG is based on DAG XDAG is a novel application of Directed Acyclic Graph (DAG) technology that solves the issues currently facing blockchain technology. The DAG chain and XDAG has numerous benefit that makes it unique, suitable for everyone around the world more than a blockchain based cryptocurrency. A brief explanation of what DAG is about. What is DAG? DAG (directed acyclic graph) is a directed graph with no directed cycles, that uses a topological ordering. DAG is an alternative method for sending data amongst people within a distributed, decentralized environment. This is done without a blockchain, allowing for greater scalability. As we all know Dagger is part of a new wave of Distributed Ledger projects based on a DAG infrastructure which directly implies it has numerous benefit using DAG technology on XDAG platform which include the following; TRANSACTIONAL SPEED Since XDAG is a DAG-based cryptocurrency it’s capable of handling hundreds of thousands of transactions per second. It increases the speed and stability of transactions as the user network grows. Since the passing of information is not limited to one chain but can be pass in a parallel allowing more than one chain to exist at any time. INCREASE RELIABILITY The mechanism of multiple transaction confirmation in cryptocurrencies based on DAG allows to increase the reliability of payments and reduce the chance of “double spending” Since the DAG network only need verification of two close nodes this will surely ensures the reduction of costs for all users on the network. DECENTRALIZED XDAG is the decentralized and first minable DAG cryptocurrency, which has technology’s sequential solution and increased efficiency. Block = transaction = address Original main chain idea Mining new money every 64 seconds. XDAG is both CPU & GPU mineable. SECURITY The multi-point connections of DAG technology’s logic ensures that tampering with records is impossible. XDAG is working on incorporating more privacy features in the future. FRIENDLY ECOSYSTEM DAG-chain transactions are conducted without any physical mining and are therefore far more energy efficient. That’s because every transaction is validated by the transaction itself, cutting costs to network users as well as cutting down on energy consumption. Lastly scalability and prompt timing on the execution of smart contract, also makes DAG network very beneficial to XDAG platform and we know we’re the future of cryptocurrency.
XDAG Monthly Report In recent times a lot have been remodel in the XDAG community, as you all know the only thing that is constant in life is change. Different activities which has brought life into the community, making people from all spheres see a new positive light about the project. As you all know XDAG is a community driven project and these made the project a very unique one, the community are the one enabling its great success by contributing their own quota for the growth and development Also XDAG is happy to be added on walletinvestor.com where we can feature our market data and forecasts. Telegram community contests “/assets/images/posts/telegram contest.jpg” We just launched a telegram contest among our telegram community users and we can say a lot of interest has risen as a result of this contest, we’re raising and adopting new users to the XDAG community which is a right step in the Right direction. The community experienced a boom that has never occurred before. That means, more people will have the tools to plug into the XDAG cryptocurrency ecosystem Chinese community support Our Chinese community have shown that they are truly a force to reckon with in the XDAG community, their continuous support are very immense, which we look forward to continue with, as we progress in the project development. New team member (Developer and Non Developer) XDAG community has new team members who are goal driven to help achieve great success in the project. Together we’ll be taking XDAG to it’s next level. XDAG prices surge XDAG has finally done it, since the time it was launched on Coinmarketcap. The asset rocketed past it usual price for the first time since it been added to CMC, reaching a massive upward surge. This was a 36% jump from where the cryptocurrency was trading. We look forward for more surges in days to come. Exchange listing Currently we’re still in talks with different exchanges on how XDAG will be listed on them, we hope to see a more positive feedback from them, just stay tuned for more information about our new listing. Lastly we are open to collaboration and opportunity that will be strategic to help move XDAG to the next level. Within this opportunity lies the very reality of demand. But sure we’re ready for what is ahead in the XDAG ecosystem.
XDAG Project Briefing Issue 1, 2020 XDAGers, we meet again. The sudden outbreak of the COVID-19 epidemic in 2020 hit the “pause button” for many economic activities, but the pace of XDAG’s progress was not interrupted. After completing the production cuts, enthusiasts are pressing on with the Apollo program. Recent development has been around the RocksDB storage revamp, with a new version to be released after testing is complete. RocksDB version introduction Historical Issues: For historical reasons, the node needs to reload data into memory every time it reboots, rebooting the node takes at least 20+ hours (before version 0.3.1, it took about 7 days to reboot), and takes up a lot of memory, hard disk, etc. The problem is a serious constraint on the expansion of community consensus. In response to this issue, the community has completed development work on the RocksDB version, resolving the reload issue: Data will be written into RocksDB from memory; Drastically reduce the memory consumption of the mining pool (about 300M). The full-node wallet (mining pool) reload time is reduced to seconds. Comparison between 0.3.1 and RocksDB versions Version Data storage Memory Consumption Reload time 0.3.1 Memory 50G 20 hours RocksDB version RocksDB 300MB Seconds Recent works Development work Completed coding of RocksDB version with heavy workload, now submitted PR (https://github.com/XDagger/xdag/pull/570); Bill and swordlet released new version of Android wallet and PC wallet, with support for transaction note function; discussed and identified new mining algorithm as RandomX. Testing work Bill built the testing framework and did a lot of testing on the RocksDB version, and kbs1 will join the testing work soon. Community operation Co-working with BBX exchange to carry out four activities of XDAG; lunch on QB.COM exchange and start on board activities simultaneously. Follow-up works Daniel, the founder of XDAG, has vowed to create a fair system of cryptocurrency based on DAG technology, which the community has been aiming for. The core idea of the Apollo program is to complete the implementation of the “equity” feature of XDAG, the community will follow the implementation steps of RocksDB -> modify mining algorithm -> dnet refactoring -> de-whitelist to achieve this goal. RocksDB to address reloading issues See introduction above. Mining algorithms to address mining equity issues The old versions: SHA256D mining algorithm, which has a large number of professional mining machines, has led to a concentration of hash power in the hands of few people, which is far from the “fairness” that the community seeks, the adoption of a fair algorithm is the voice of the entire XDAG community. New version: using the Random X algorithm, featuring anti-professional mining machines, and optimized specifically for general-purpose CPUs, mining is more decentralized and fairness. dnet refactoring Adopts libuv (underlying technology of node.js) to reconstruct P2P network transmission, ensuring stable and efficient transmission Older versions: messy dnet code, complex multi-threaded logic. New version: libuv event loop rebuilds the core P2P network code to ensure stability and reliability while enhancing future scalability. Optimize network transmission and remove whitelisting Older versions: too many bytes transferred over the network, too long synchronization time, severe centralization. New version Optimizes the data structure of the network transmission, reduces the network communication bandwidth, and plans to adopt DHT network distributed hash tables, completely removing whitelisting restrictions. The XDAG fans are never gone, the pace of progress never stops, and XDAG is destined to continue the road to decentralization and eventually reach the “other side” of fairness… Thank you to Bill, Swordlet, kbs1, the many contributors who have been quietly contributing, and to you who are following XDAG! Postscript The year 2020 is an extraordinary one, with the new coronavirus ravaging the world, accumulating about 2 million confirmed cases as of April 15, causing great impact and loss to human society. Humans are also so small in the face of viruses. Here, we pray for the blessings for the world to quickly win this epidemic war!
XDAG Project Briefing Issue 1, 2020 XDAGers, we meet again. The sudden outbreak of the COVID-19 epidemic in 2020 hit the “pause button” for many economic activities, but the pace of XDAG’s progress was not interrupted. After completing the production cuts, enthusiasts are pressing on with the Apollo program. Recent development has been around the RocksDB storage revamp, with a new version to be released after testing is complete. RocksDB version introduction Historical Issues For historical reasons, the node needs to reload data into memory every time it reboots, rebooting the node takes at least 20+ hours (before version 0.3.1, it took about 7 days to reboot), and takes up a lot of memory, hard disk, etc. The problem is a serious constraint on the expansion of community consensus. In response to this issue, the community has completed development work on the RocksDB version, resolving the reload issue: Data will be written into RocksDB from memory; Drastically reduce the memory consumption of the mining pool (about 300M). The full-node wallet (mining pool) reload time is reduced to seconds. Comparison between 0.3.1 and RocksDB versions Version Data storage Memory consumption Reload time 0.3.1 Memory 50G 20 hours RocksDB version RocksDB 300MB Seconds Recent works Development work Completed coding of RocksDB version with heavy workload, now submitted PR (https://github.com/XDagger/xdag/pull/570); Bill and swordlet released new version of Android wallet and PC wallet, with support for transaction note function; discussed and identified new mining algorithm as RandomX. Testing work Bill built the testing framework and did a lot of testing on the RocksDB version, and kbs1 will join the testing work soon. Community operation Co-working with BBX exchange to carry out four activities of XDAG; lunch on QB.COM exchange and start on board activities simultaneously. Follow-up works Daniel, the founder of XDAG, has vowed to create a fair system of cryptocurrency based on DAG technology, which the community has been aiming for. The core idea of the Apollo program is to complete the implementation of the “equity” feature of XDAG, the community will follow the implementation steps of RocksDB -> modify mining algorithm -> dnet refactoring -> de-whitelist to achieve this goal. RocksDB to address reloading issues See introduction above. Mining algorithms to address mining equity issues The old versions: SHA256D mining algorithm, which has a large number of professional mining machines, has led to a concentration of hash power in the hands of few people, which is far from the “fairness” that the community seeks, the adoption of a fair algorithm is the voice of the entire XDAG community. New version: using the Random X algorithm, featuring anti-professional mining machines, and optimized specifically for general-purpose CPUs, mining is more decentralized and fairness. dnet refactoring Adopts libuv (underlying technology of node.js) to reconstruct P2P network transmission, ensuring stable and efficient transmission Older versions: messy dnet code, complex multi-threaded logic. New version: libuv event loop rebuilds the core P2P network code to ensure stability and reliability while enhancing future scalability. Optimize network transmission and remove whitelisting Older versions: too many bytes transferred over the network, too long synchronization time, severe centralization. New version Optimizes the data structure of the network transmission, reduces the network communication bandwidth, and plans to adopt DHT network distributed hash tables, completely removing whitelisting restrictions. The XDAG fans are never gone, the pace of progress never stops, and XDAG is destined to continue the road to decentralization and eventually reach the “other side” of fairness… Thank you to Bill, Swordlet, kbs1, the many contributors who have been quietly contributing, and to you who are following XDAG! Postscript The year 2020 is an extraordinary one, with the new coronavirus ravaging the world, accumulating about 2 million confirmed cases as of April 15, causing great impact and loss to human society. Humans are also so small in the face of viruses. Here, we pray for the blessings for the world to quickly win this epidemic war!
Hello dear community members, on September 15th, the community officially adopted every detail of the Apollo plan. The plan has now entered the implementation stage, a series of optimization and upgrades will be carried out on XDAG to achieve the expected goals. Recently the community wanted to solve the problem of long reloading time before production reduction, however, due to the huge workload of code adjustment, now we are going to change the work plan to implement production reduction along with solving reload issue when upgrading the system. The community will carry out the first upgrade as planned, detailed steps are: A. The production reduction time: January 30, 2020 00: 00 (UTC) B. The upgrade content: Reduce each block reward from 1024 XDAG to 128 XDAG. Enable RPC. C. Coordination matters: All mining pools should complete the upgrade of the new version (0.3.1) before January 30, 2020. XDAG阿波罗计划第一次升级公告 各位社区成员，9月15日社区正式通过了阿波罗方案各项细节，目前已进入执行阶段，后续将对XDAG进行一系列的优化升级以达到预期目标。 这段时间社区本想解决了重载时间过长问题后再进行减产，但是由于改动工作量巨大，现准备在解决重载问题的同时进行减产升级。 社区按计划将进行第一次升级工作，具体安排如下： 减产时间： 2020年1月30日 08:00（UTC+8） 二、升级内容： 1.将每个块奖励由1024 XDAG降低到128 XDAG； 2.启用RPC。 配合事项 请各矿池于2020年1月30日之前完成新版本(0.3.1)升级工作。
Because of someone voted fraudulently, the vote for the reduction scheme was invalidated. After urgent consultations, the community decided to use the method of voting by donating XDAG coins. The “doing evil” behavior can be monitored by using the open, transparent, and traceable features of the XDAG blockchain browser. Donated XDAG coins will be given to XDAG developers. The account will be managed by Sofar temporally. Please read the rules carefully to avoid invalid votes: 由于个别成员利用投票系统漏洞作恶，导致减产方案投票失效。社区成员在紧急磋商后，决定采用捐币投票的方式，利用XDAG区块链浏览器公开、透明、可追溯的特点来监控“ 作恶” 的行为。此次投票收集的所有XDAG都将捐赠给开发者，暂由Sofar管理。请社区成员仔细阅读以下内容，以免投出无效票。 Rules：/ 投票规则： Rule 1. / 规则1. Each address can only be used for donation once. If an address is used to donated more than once, or donate through other addresses, the vote from the address and the related address will be considered invalid; 每个地址在一个方案中仅能捐币一次，若发现一个地址多次捐赠，或通过多个地址间接捐赠，则该地 址及相关地址的捐币视为无效 Rule 2. / 规则2. The number of donated XDAG coins from each vote is between 1,000 and 100,000. Numbers of 1,000 and 100,000 are included. If the number of donated XDAG coins from each vote is out of the range, the vote is considered invalid; 每个地址在一个方案中捐币的数量限定在 1000到 10万，不在范围内的 数量视为无效； Rule 3. / 规则3. The vote must be from the private wallet address. The vote from the exchange is not acceptable; 不接受交易所直接提币投票，请提到个人钱包然后捐币投票，否则视为无效； Rule 4. / 规则4. During the voting period, any xdag address transferred to the exchange directly or indirectly will be considered invalid; 投票期间，任何参与投票的地址不允许直接或间接向交易所转账，否则该地址投票无效； Rule 5. / 规则5. Everyone cant set the vote address to the mining address, or it will be considered invalid; 不接受将挖矿地址直接设为投票地址，否则视为无效币； Rule 6. / 规则6. During the voting period, a new mining address is forbidden to vote directly or indirectly, it will be considered invalid; 在投票期间新建的矿工地址直接投票或通过其他地址间接投票，则该地址及相关地址的捐币视为无效； Rule 7. / 规则7. The transfer record can be monitored by the blockchain browser, which requires the joint supervision of all members of the community; 以上规则均可在区块链浏览器的转账记录中找到证据，需要社区所有成员 共同监督； Rule 8. / 规则8. If unexpected “Doing evil” occurs during the voting process, the community has the right to arbitrate its validity or terminate the vote after the failure of arbitration. 在执行过程中出现意料之外的“作恶”行为，社区可对其有效性进行仲裁，并有权终止此次投票。 Rule 9. / 规则9. No coins will be returned, all of them will be donated to community fund. 所有投票收到的XDAG将捐献给社区基金，概不退回。 Closing time: / 投票截止时间: September 15, 2019 08:00 (UTC+0). 2019年9月15日 16:00（北京时间）. How to evaluate result: / 如何评定投票结果: After the voting deadline, compare the effective currency amount of the three wallet addresses A, B, and C, the option with the largest number of coins wins. 在投票截止后，对比 A、B、C三个钱包地址所得有效币数，币数多的方案胜出。 Options: / 投票项说明: Option A. / 方案 A： Shorten the period of 4 years to 2 years, this will reduce 50% of total supply of XDAG, about 62% of not mined XDAG. It just adjust the period with the best balance among current holders, future miners and community itself. This proposal needs code change of time period only. 将半衰期从 4年调整为 2年，这将减少未来约 62%的 XDAG总产出。这只需要调整半衰期来达到当前持币者、未来的矿工和社区本身运转的长期发展这三者之间的平衡。此提议只需要调整半衰期部分代码。 Option A Address: / 方案A 投票地址: YedBmbzfe2ep9yT4TIm9DY3GDOqyQ3bf Option B. / 方案 B： Adjust block reward from 1024 XDAG to 128 XDAG, halving period is still 4 years. It will reduce about 87.5% of the remain supply. This proposal needs code change of rewarding logic. 将当前的块奖励从 1024 XDAG直接调整为 128 XDAG，半衰期维持不变， 依旧是 4年。这将减少未来约 87. 5%的 XDAG总产出。此提议需要调整块奖励逻 辑和奖励发放逻辑。 Option B Address: / 方案B 投票地址: vLXvnoIJn4MtVNbV/Zcebp8q/V/aiFf6 Option C. / 方案 C： Neither of them. 以上方案都不好。 Option C Address: / 方案 C 投票地址：9Qc8KiWJoN7jgg/vYC/iGODe15NvyZjd Feedback / 反馈方式 If you have any problem, please contact iGod throught igod@xdag.io 有问题可以通过邮箱 igod@xdag.io 联系iGod。
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