DAGlabs

DAG Protocols for Blockchain Platforms

Fintech & Insurtech
Non Active, Mar 2023 ceased to operate
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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.

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Company Intelligence Q&A

What is DAGlabs' primary focus?
DAGlabs primarily focuses on the research and development of directed acyclic graph (DAG) protocols to enhance the scalability of first-layer blockchains, specifically improving transaction throughput and confirmation times.
When was DAGlabs founded?
DAGlabs was founded in June 2017.
What is the current operational status of DAGlabs?
DAGlabs ceased to operate in March 2023.
Which protocols are central to DAGlabs' technology?
DAGlabs' primary focus is on implementing the SPECTRE and PHANTOM protocols, which were developed by a research team at the Hebrew University of Jerusalem, for achieving consistency in DAG-based transaction systems.
Where does DAGlabs have development teams?
DAGlabs has development teams located in Israel and Silicon Valley.
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