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Only a solution with a parallelizable architecture and an implementation based on Big Data technology can achieve all of the aforementioned properties at the same time. Without sufficient scalability and cost-performance, a cryptocurrency network cannot achieve ubiquity and become standard. BigTangle is a cryptocurrency network extending directed acyclic graph architectures with Markov Chain Monte Carlo (MCMC) as a consensus algorithm and distributed Proof-of-Work. Through the use of industry standard big data technology in conjunction with the parallelizable architecture, BigTangle is a successor to conventional blockchains in the sense that it generalizes existing blockchain and smart contract architectures and makes them usable on a global scale. BigTangle focuses on economically important key use cases. Custom token issuances, market exchanges, mining and smart contracts are supported. BigTangle is very similar to family trees with MCMC as natural selection process.

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