Directed acyclic graph

{
  "id": "MLC-T-LAW-001626",
  "term": "Directed acyclic graph",
  "field": "Law",
  "definition": "A data structure consisting of nodes (vertices) and directed edges, with no circular paths. In a legal and technological context, a Directed Acyclic Graph (DAG) is used as an alternative to blockchain for some distributed ledger technologies, allowing for transactions to be processed in parallel and potentially offering greater scalability. This structure underpins certain cryptocurrencies and platforms for smart contracts, affecting how transaction finality and asset ownership are legally determined.",
  "abbreviation": "DAG",
  "url": "https://mlchart.com/terminology/law/directed-acyclic-graph/"
}