The blockchain technology is the solution to some of the major problems in the world right now. Bitcoin was the first ever to make use of the blockchain technology. As amusing as it seemed, the shortcomings of the technology soon surfaced. The main problem caused by the blockchain technology was its inability to scale efficiently. Numerous attempts towards solving the scaling problem proved to be ineffective. Thus, it laid down seeds for a new technology called Directed Acyclic Graph(DAG). There are several projects in the market that are currently leveraging on this technology. In this article, we will look at five such “blockless” blockchain projects that based upon the DAG technology.
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