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 advice.
By Josh Case
As BlockDAG Network continues its floundering — marked by silence, lack of transparency, unanswered questions, community frustration, shifting timelines and deflated expectations — some members of the BlockDAG investor community chose to start building their own DAG network.
I hope this will be the wake up call that is needed to get the key players in the “transition” to deliver on promises and to be transparent because money is being attracted else where within the community that supported BlockDAG.
If curious about the ongoing BlockDAG situation and the frustration that potentially led to the creation of PYRAX read my article from yesterday here: “Silent Night: The BlockDAG’s Version “Unholy Night” — No Official AMA Updates on Transition Since December 4th”
PYRAX Network
PYRAX appears to be a continuation of BlockDAG belief — but guided by lessons learned especially around transparency and accountability.
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What Is PYRAX Network?
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 — without sacrificing transparency or decentralization.
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 system.
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) — bringing cryptographic finality to PoW for the first time at scale.
Why PYRAX Exists?
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 — it is being created to compete through execution of technology. That methodology is anti-BlockDAG and anti most if not all crypto presale schemes.
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 having:
• Technology that will be viable and proven before the presale commences
• Leadership with clear guidelines for accountability and transparency that the community is comfortable with
• A community that trusts leadership and leadership respects
PYRAX clearly is a direct response to hard-earned lessons from other crypto projects.
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PYRAX Network could represent a step forward for builders, miners, and investors who still believe in community-built infrastructure and open execution — but 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 Team:
• Transparency and proof over hype and rocketships
• Third Party Verification and Open Books over control
• Accountability and responsibility over excuses and nonsense answers
PYRAX Network: Being Built by the Community to Deliver What Was Promised by BlockDAG???— was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story.


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