BlockDAG Breaks New Ground with $377 Million Raise & Ecosystem Expansion

BlockDAG stands out as a quiet force in the blockchain evolution narrative, pushing forward without the constant noise and hype that often characterizes other projects. Having raised over $377 million and attracting a network of 200,000 holders, BlockDAG has already achieved significant milestones before even launching its mainnet. This success is built on a unique hybrid consensus model that combines Directed Acyclic Graph (DAG) technology with Proof-of-Work (PoW). This dual approach promises significantly faster transaction processing speeds than typical DAG solutions while maintaining security and decentralization, positions BlockDAG as a rare solution for scalability without compromising on robustness. 2.5 million mobile miners have already been onboard, demonstrating the project’s strong start. With more than 4,500 developers working on over 300 dApps, and 19,300 ASIC miners in operation, BlockDAG is not just building a network; it’s building an ecosystem.