Connect with us
Active Currencies 14915
Market Cap $2,543,367,647,247.80
Bitcoin Share 51.67%
24h Market Cap Change $-0.02

BlockDAG DEV release 63 unveils, what happens with the coins mined from X1 Mining App

3min Read
BDAG

Share this article

BlockDAG has consistently been at the forefront of blockchain innovation, and their latest development release, DEV Release 63, is no exception. This update not only introduces exciting new features but also brings mining rewards to users much earlier than expected. The X1 mining app is set to revolutionize how users earn BDAG coins, offering an advanced and user-friendly experience. With the unveiling of the mining guide, the dev release ensures that users are well-informed and ready to maximize their mining efforts. Let’s dive into the details of BlockDAG’s cutting-edge technology and how you can start mining BDAG coins using the X1 app.

BlockDAG and DAG Tech: Mining BDAG Coins with X1 App 

BlockDAG leverages Directed Acyclic Graph (DAG) technology to redefine blockchain scalability and efficiency. Unlike traditional blockchain networks like Bitcoin and Ethereum, which rely on a sequential chain of blocks, BlockDAG uses a graph structure where each block can reference multiple predecessors. This architecture significantly enhances transaction capacity and network throughput, addressing the limitations of linear blockchains.

BlockDAG has announced that mining with the X1 app will begin two months ahead of schedule, allowing users to start mining on the Devnet immediately. To begin mining, download the X1 app from the App Store. On the main screen, swipe right on the “Swipe Me” button to create an account. If you already have an account, simply sign in. New users need to select their country code, enter their phone number, and click “Send OTP.” After receiving the OTP, enter it and submit it. If you have a referral code, enter it during registration.

Once signed in, navigate to the “Activate BlockDAG X1” button to start the mining process. The presale button allows you to purchase mining devices during the presale, further enhancing your mining capabilities.

Early investors have seen significant returns, with presale batches progressing from $0.001 to $0.014. With over $57.1 million raised in presale and more than $3.6 million from the sale of over 8320 miners, BlockDAG’s growth trajectory is impressive.

Dev Release 63: Mining Experience and What Happens to Mined Coins

BlockDAG’s DEV Release 63 marks a significant milestone as the X1 application is prepared for submission to app stores. The development team has worked diligently to resolve bugs and ensure compliance with app store policies. The app is now on the verge of going live, promising an incredible mining experience for users.

In the Devnet environment, users will earn BDAG coins through a proof of engagement system, where larger groups yield more rewards. These BDAG coins, though not tradable in the Devnet, will be transferred to the Testnet and eventually, the Mainnet, where they become real, tradable assets.

As the Testnet phase approaches, users can track their transactions on the blockchain explorer, ensuring transparency and accuracy. Once the Mainnet is live, all accumulated BDAG coins will be airdropped to users’ wallets, allowing them to trade and use their coins in real-world transactions.

Conclusion 

BlockDAG’s DEV Release 63 is a game-changer for the blockchain community, bringing mining rewards to users earlier than anticipated. With the X1 app, users can start mining BDAG coins immediately, taking advantage of the advanced DAG technology that enhances transaction capacity and network efficiency. The presale’s impressive growth and early mining opportunities position BlockDAG as a formidable player in the crypto space. 

Invest in the BlockDAG Presale Now:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetwork

Discord: https://discord.gg/Q7BxghMVyu

Disclaimer: This is a paid post and should not be treated as news/advice.

Share

AMBCrypto Team is constituted by a vastly experienced team of professional journalists and analysts. Each one of us is driven to deliver the most important, the most insightful stories and analyses of the day. Whether you're a casual enthusiast or a trader or an investor, we make sure you get the most objective, accurate, and time-sensitive story at your fingertips.
Read the best crypto stories of the day in less than 5 minutes
Subscribe to get it daily in your inbox.
Please check the format of your first name and/or email address.

Thank you for subscribing to Unhashed.