DAGlabs

Company Overview

Snapshot

Founded in June 2017 by Yonatan Sompolinsky, DAGlabs operates with 1–10 employees. The company focuses on the research and development of directed acyclic graph (DAG) protocols for blockchain platforms. In March 2023, DAGlabs ceased operations.

Business overview

DAGlabs specializes in the research and development of directed acyclic graph (DAG) protocols for blockchain-based projects and platforms. The company's core technology aims to scale up first-layer blockchains by improving transaction throughput and confirmation times. Its primary focus involves implementing the SPECTRE and PHANTOM protocols, developed by a research team at the Hebrew University of Jerusalem, to ensure consistency in DAG-based transaction systems. DAGlabs operates within the Fintech & Insurtech sector, serving markets in North America and the United States.

Strategic signal

In June 2023, news emerged regarding the closure of DAGlabs, indicating a significant shift in the company's operational status. This development signals to investors and the industry a cessation of the company's activities in the blockchain protocol space, despite its prior focus on innovative DAG solutions like SPECTRE and PHANTOM.

Company Intelligence Q&A

What was DAGlabs' primary focus?

DAGlabs primarily focused on the research and development of directed acyclic graph (DAG) protocols for blockchain-based projects and platforms, aiming to scale first-layer blockchains in terms of transaction throughput and confirmation times.

When was DAGlabs founded and by whom?

DAGlabs was founded in June 2017 by Yonatan Sompolinsky.

What specific protocols did DAGlabs implement?

DAGlabs focused on the implementation of the SPECTRE and PHANTOM protocols for retrieving consistency in DAG-based transaction systems. These protocols were developed by a research team at the Hebrew University of Jerusalem.

Where were DAGlabs' development teams located?

DAGlabs maintained development teams in both Israel and Silicon Valley.

What is the current operational status of DAGlabs?

DAGlabs ceased to operate in March 2023.