I am an investor in BlockDAG since March 2024 and I am not an investor at this time in Pyrax. I am not a crypto analyst and these are my thoughts and opinions not investment advice or any other type of\u00a0advice.<\/em><\/p>\n By Josh\u00a0Case<\/em><\/a><\/p>\n As BlockDAG Network<\/a>\u200acontinues its floundering \u2014\u200amarked by silence, lack of transparency, unanswered questions, community frustration, shifting timelines and deflated expectations\u200a\u2014\u200asome members of the BlockDAG investor community chose to start building their own DAG\u00a0network.<\/p>\n I hope this will be the wake up call that is needed to get the key players in the \u201ctransition\u201d to deliver on promises and to be transparent because money is being attracted else where within the community that supported BlockDAG.<\/em><\/p>\n If curious about the ongoing BlockDAG <\/strong><\/a>situation and the frustration that potentially led to the creation of PYRAX read my article from yesterday here: \u201cSilent Night: The BlockDAG\u2019s Version \u201cUnholy Night\u201d\u200a\u2014\u200aNo Official AMA Updates on Transition Since December\u00a04th\u201d<\/em><\/a><\/p>\n PYRAX Network<\/strong><\/a><\/p>\n PYRAX appears to be a continuation of BlockDAG belief\u200a\u2014\u200abut guided by lessons learned especially around transparency and accountability.<\/p>\n \u2e3b<\/p>\n What Is PYRAX\u00a0Network?<\/strong><\/p>\n PYRAX Chain (PYRX) claims to be a next-generation Layer 1 blockchain designed from the ground up to combine BlockDAG scalability, Proof-of-Work security, and zero-knowledge cryptographic finality\u200a\u2014\u200awithout sacrificing transparency or decentralization.<\/p>\n At its core, PYRAX says it will be a PoW BlockDAG L1 with EVM execution, powered by a TriStream ZK-DAG architecture that unifies ASIC miners, GPU\/CPU miners, and zero-knowledge verification into a single, coherent\u00a0system.<\/p>\n Unlike traditional Proof-of-Work chains that rely on probabilistic finality, PYRAX says it introduces mathematical certainty using ZK-STARKs (Zero-Knowledge Scalable Transparent ARguments of Knowledge)\u200a\u2014\u200abringing cryptographic finality to PoW for the first time at\u00a0scale.<\/p>\n Why PYRAX\u00a0Exists?<\/strong><\/p>\n The PYRAX team says they will have a working network before the presale begins so it is not being created to draw attention through marketing claims and sensationalism\u200a\u2014\u200ait is being created to compete through execution of technology. That methodology is anti-BlockDAG and anti most if not all crypto presale\u00a0schemes.<\/p>\n This project is here because its founders and contributors say they want to do it the way it should be done before taking public presale money by\u00a0having:<\/p>\n \u2022\tTechnology that will be viable and proven before the presale commences<\/p>\n \u2022\tLeadership with clear guidelines for accountability and transparency that the community is comfortable with<\/p>\n \u2022\tA community that trusts leadership and leadership respects<\/p>\n PYRAX clearly is a direct response to hard-earned lessons from other crypto projects.<\/p>\n \u2e3b<\/p>\n PYRAX Network could represent a step forward for builders, miners, and investors who still believe in community-built infrastructure and open execution\u200a\u2014\u200abut demand better communication and strong leadership after what has been taught by the BlockDAG journey and other disappointing projects. Hopefully these three concepts are never forgotten by the PYRAX\u00a0Team:<\/p>\n \u2022\tTransparency and proof over hype and rocketships<\/p>\n \u2022\tThird Party Verification and Open Books over\u00a0control<\/p>\n \u2022\tAccountability and responsibility over excuses and nonsense\u00a0answers<\/p>\n PYRAX Network: Being Built by the Community to Deliver What Was Promised by BlockDAG???\u2014<\/a> was originally published in Coinmonks<\/a> on Medium, where people are continuing the conversation by highlighting and responding to this story.<\/p>","protected":false},"excerpt":{"rendered":" PYRAX Network: Being Built by the Community to Deliver What Was Promised by BlockDAG???\u2014\u200aTransparently I am an investor in BlockDAG since March 2024 and I am not an investor at this time in Pyrax. I am not a crypto analyst and these are my thoughts and opinions not investment advice or any other type of\u00a0advice. […]<\/p>\n","protected":false},"author":0,"featured_media":122849,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-122848","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-interesting"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/122848"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=122848"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/122848\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/122849"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=122848"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=122848"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=122848"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}