Welcome to BlockDAG Dashboard! 👋


Dev Release 63

June 28, 2024

Hey BlockDAG Community,

Today marks an exhilarating milestone as we gear up to submit the BlockDAG X1 application to the app stores! Our team has been working tirelessly, squashing bugs and navigating policies, to bring this incredible mining experience to you. We're on the brink of going LIVE, and we can't wait for you to dive in!
Now that you are aware of the features our application is going to provide, let's understand what happens with the rewards/coins that you'll earn through the platform.

Mining in the Devnet:
Mining: With our proof of engagement system, the bigger your group, the more rewards you can earn!
Devnet Environment: This is our playground for testing and development. In this phase, you'll earn BDAG coins for your mining efforts.
BDAG Coins: These tokens are your mining rewards in the devnet. While they're not real and can't be traded, they're a testament to your contributions.

Transition to Testnet:
Testnet Environment: Next up is the testnet, a testing ground that's almost identical to the mainnet.
Coin Transfer: All the BDAG coins you mined in the devnet will be transferred to your wallet in the testnet as an airdrop.
Blockchain Explorer: Track all your transactions and balances on the blockchain. In the testnet, you'll see your mined BDAG coins in action.

Transition to Mainnet:
Mainnet Environment: This is the real deal—a live, production environment for real-world transactions and uses.
Airdrops: When the mainnet launches, your BDAG coins from the devnet and testnet will be airdropped to your wallet in the mainnet.
Production Environment: This is where BDAG coins become real, allowing you to trade, use, and exchange them in the market.

Claiming Your Rewards:
As per our roadmap we'll soon be working on the wallet functionality that will help the you to claim the rewards/ coins. But, this will happen once the mainnet is LIVE and running.
Thank you for your unwavering support and enthusiasm. Get ready to experience mining like never before!

Blockchain update

There is some exciting updates on how we're enhancing the performance of our blockchain explorer! Our team has been hard at work, and we're making significant strides to ensure you have a seamless and efficient experience when tracking your transactions and exploring the blockchain.

What’s New?
1. Improved Block Time: Block time is a critical aspect of any blockchain network. It refers to the time it takes to generate a new block in the blockchain. We’ve optimized our system to reduce block time, meaning new blocks are created faster, and transactions are confirmed more quickly. This enhancement significantly improves the overall efficiency and responsiveness of our network.
2. Enhanced Data Retrieval: We've upgraded our data retrieval mechanisms to ensure that information is fetched and displayed faster than ever before. Whether you’re looking up transaction details, wallet balances, or block information, you’ll experience near-instantaneous results
3. Detailed Analytics: Dive deeper into the blockchain with our enhanced analytics. Get detailed insights into block confirmations, transaction histories, and more. Our analytics tools provide you with a comprehensive view of the network’s performance and your own activity within it.

Let's understand why this Matters
Faster Transactions: With reduced block time, your transactions are confirmed quicker, making the network more efficient and responsive. Here’s what this means for you:

  • Reduced Waiting Time: Transactions are added to the blockchain faster, significantly cutting down the waiting time for confirmations. This is particularly beneficial for users who need rapid transaction processing.
  • Enhanced Network Performance: Faster block times mean the network can handle a higher volume of transactions in a given period, improving overall performance and scalability.
  • Improved User Experience: For applications and services built on the BlockDAG network, this means smoother and more reliable operation, ensuring users have a seamless experience.
  • Increased Security: With quicker confirmations, the network becomes more secure against certain types of attacks, as it becomes harder for malicious actors to interfere with transactions.

Better User Experience:
The improved data retrieval and real-time updates make using the explorer smoother and more enjoyable.
Enhanced Transparency:
The user-friendly interface and detailed analytics ensure that you have all the information you need at your fingertips.

What’s Next?
We are continuously working on new features and improvements to further enhance your experience. Stay tuned for more updates as we continue to innovate and push the boundaries of what’s possible with BlockDAG.
Stay tuned!

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