DAGs, git and a cryptocurrency for Internet of Things

Directed Acyclic Graphs (DAGs) are an interesting data structure with a wide range of practical applications. This talk will explore the concept of DAGs and their application in commonly used technologies such as Git, a version control system. We then look at how DAGs are used in the IOTA cryptocurrency. IOTA uses a DAG-based distributed ledger architecture, which is fundamentally different from the Blockchain architecture used, for example, in Bitcoin. The goal of this presentation is to explore the theory behind DAG-based ledgers, discuss their advantages and disadvantages, and consider future possibilities