What is the Ethereum dag file (Ethereum geth)

What is the Ethereum dag file Ethereum dag file is a smart contract that allows users to store Ethereum (ETH) in the blockchain without anyone modifying it

The Ethereum dag file is a general document (protocol) that can be used to create Ethereum blocks. It aims to solve various problems existing in the current Ethereum blockchain – slow transaction processing speed, high gas costs and many other restrictions When an application needs to perform certain operations, the document should include signing and verifying all these transactions; At the same time, developers are also required to make some changes to it, such as adding a new account type or setting a new account name

Therefore, the Ethereum project party proposed a Ethereum dag file based on the specification, called “Ethereum DAG”. This document was proposed and released by a member of the Ethereum community on November 1, 2018. The project hopes to make the Codebase more flexible and easy to use by submitting proposals to it. In addition, “EthereumDAGS” also provides other use cases, including allowing applications to interconnect with existing blockchain networks. Currently, there are over 100 different methods available to achieve such functionality

Ethereum geth

According to Ethereum news, Ethereum geth (Geth) is an EVM based blockchain protocol. It uses a proof of work consensus mechanism to validate block and transaction data without the need to compile smart contracts or run application specific applications

According to the introduction on the official website of the Ethereum Foundation, “if someone wants to use geth to achieve their goals”, they need to download a new version of the client “geth devnet” containing the current status.