Golden
DAGlabs

DAGlabs

A development lab building the blockDAG protocol. BlockDAG is a distributed ledger cryptocurrency technology utilizing a directed acyclic graph structure and an implementation of the SPECTRE protocol.

DAGlabs is a blockchain and software development company that is headquartered in San Francisco, California and was founded in 2017 by Guy Corem and Yonatan Sompolinksy. DAGlabs is developing the blockDAG protocol which is a distributed ledger cryptocurrency technology that uses a directed acyclic graph structure, the Serialization of Proof-of-work Events: Confirming Transactions via Recursive Elections (SPECTRE) protocol, and the PHANTOM protocol. The SPECTRE and PHANTOM protocols were developed by a research team at the Hebrew University of Jerusalem. 



According to DAGlabs the advantages of using blockDAGs are: 1. Allows confirmation of orders in seconds when their are visible conflicts and double-spends, 2. Low fees and high throughput due to the network only being limited by the network backbone and endpoints, 3. Lower incentives to join mining pools by only allowing 100,000 mined blocks per day which increases decentralization, 4. Mo risk of orphaning and the ability to have Layer Two compatibility, and 5. Rewards all blocks equally both on-chain and off-chain which prevents selfish mining. 

Timeline

People

Name
Role
LinkedIn

Guy Corem

Co-Founder & President



Yonatan Sompolinksy

Co-Founder



Further reading

Title
Author
Link
Type
Date

An overview of PHANTOM: A blockDAG consensus protocol (part 3)

Drew Stone

Web



An overview of SPECTRE - a blockDAG consensus protocol (part 2)

Drew Stone

Web



PHANTOM, GHOSTDAG: Two Scalable BlockDAG protocols

Yonatan Sompolinsky, Aviv Zohar

Academic



SPECTRE Creators Propose 'PHANTOM' Blockchain Protocol - CoinDesk

Annaliese Milano

Web



SPECTRE: Serialization of Proof-of-work Events: Confirming Transactions via Recursive Elections

Yonatan Sompolinsky, Yoad Lewenberg, Aviv Zohar

Academic



Yonatan Sompolinsky, Co-founder & Scientist at DAGLabs - Intellectsoft Blockchain Lab

Kate

Web



Documentaries, videos and podcasts

Title
Date
Link





Companies

Company
CEO
Location
Products/Services









References