What are the differences between tangle and blockchain in the context of cryptocurrencies?

7 answers

• Nov 23, 2021 · 3 years ago
  Tangle and blockchain are both distributed ledger technologies used in cryptocurrencies, but they have some fundamental differences. Tangle is a directed acyclic graph (DAG) structure, while blockchain is a linear chain of blocks. Tangle does not rely on miners to validate transactions like blockchain does. Instead, each transaction in tangle must approve two previous transactions, creating a network of interlinked transactions. This consensus mechanism, known as the Tangle, allows for faster transaction confirmation times and eliminates the need for transaction fees. However, tangle's scalability is still a challenge compared to blockchain.
  649325
• Nov 23, 2021 · 3 years ago
  In the context of cryptocurrencies, tangle and blockchain differ in their consensus mechanisms. Blockchain relies on miners to solve complex mathematical puzzles to validate transactions and create new blocks. Tangle, on the other hand, uses a different approach called the Directed Acyclic Graph (DAG). In tangle, each transaction must approve two previous transactions, forming a web-like structure. This consensus mechanism allows for faster transaction confirmation times and eliminates the need for miners. However, tangle's scalability is still being tested and may face challenges as the network grows.
  609203
• Nov 23, 2021 · 3 years ago
  In the context of cryptocurrencies, tangle and blockchain have different structures and consensus mechanisms. Blockchain is a linear chain of blocks, where each block contains a set of transactions. Miners validate transactions and compete to add new blocks to the chain. Tangle, on the other hand, is a directed acyclic graph (DAG) structure. In tangle, each transaction must approve two previous transactions, creating a network of interlinked transactions. This consensus mechanism allows for faster transaction confirmation times and eliminates the need for miners. However, tangle's scalability is still a concern and needs further research and development.
  662166
• Nov 23, 2021 · 3 years ago
  Tangle and blockchain have different structures and consensus mechanisms in the context of cryptocurrencies. Blockchain is a sequential chain of blocks, where each block contains a set of transactions. Miners validate transactions and compete to add new blocks to the chain. Tangle, on the other hand, is a directed acyclic graph (DAG) structure. In tangle, each transaction must approve two previous transactions, forming a web-like structure. This consensus mechanism allows for faster transaction confirmation times and eliminates the need for miners. However, tangle's scalability is still an area of active research and development.
  637128
• Nov 23, 2021 · 3 years ago
  Tangle and blockchain differ in terms of structure, consensus mechanism, scalability, and transaction speed. Blockchain is a linear chain of blocks, where each block contains a set of transactions. Miners validate transactions and compete to add new blocks to the chain. Tangle, on the other hand, is a directed acyclic graph (DAG) structure. In tangle, each transaction must approve two previous transactions, creating a network of interlinked transactions. This consensus mechanism allows for faster transaction confirmation times and eliminates the need for miners. However, tangle's scalability is still being explored and may face challenges as the network grows.
  668112
• Nov 23, 2021 · 3 years ago
  Tangle and blockchain have different structures and consensus mechanisms in the context of cryptocurrencies. Blockchain is a sequential chain of blocks, where each block contains a set of transactions. Miners validate transactions and compete to add new blocks to the chain. Tangle, on the other hand, is a directed acyclic graph (DAG) structure. In tangle, each transaction must approve two previous transactions, forming a web-like structure. This consensus mechanism allows for faster transaction confirmation times and eliminates the need for miners. However, tangle's scalability is still an area of active research and development.
  63791
• Nov 23, 2021 · 3 years ago
  Tangle and blockchain differ in terms of structure, consensus mechanism, scalability, and transaction speed. Blockchain is a linear chain of blocks, where each block contains a set of transactions. Miners validate transactions and compete to add new blocks to the chain. Tangle, on the other hand, is a directed acyclic graph (DAG) structure. In tangle, each transaction must approve two previous transactions, creating a network of interlinked transactions. This consensus mechanism allows for faster transaction confirmation times and eliminates the need for miners. However, tangle's scalability is still being explored and may face challenges as the network grows.
  66884