KING of Directed Acyclic Graph or KDAG is the underlying infrastructure of a new generation of value networks. The platform is dedicated to developing new and trusted network protocols. Furthermore, KDAG seeks to provide convenient, efficient, secure, and stable development and deployment environments to customers worldwide. In simple terms, KDAG aims to solve the problems of data efficiency, consistency, security, and privacy by using new technologies.

A directed acyclic graph (DAG)  is a directed graph that aims to solve the problem of data consistency. According to the whitepaper, the KDAG architecture aims to completely replace the traditional chain structure. KING of Directed Acyclic Graph uses Tangle data structure to organize the blocks. The platform does this by using the ‘hug algorithm’ rather than consensus.

As per the website, the platform seeks to offer certain technical advantages:

The roadmap suggests that the main network was completed in Q1 of 2020, and by Q4 of 2020, the Surf effect was completed. The platform built its on-chain ecosystem by the second half of 2021.

The project is backed by many venture capitalists like BC stone, ACapital, Vancoin, LongHill capital, and more.

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Assets that have a similar market cap to King DAG include PHASMA, iShares MSCI India Tokenized ETF (Ondo), NOTAI, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of King DAG is 54 million.