The topological ordering of the DAG allows participant nodes to process transactions concurrently at arbitrarily high rates without the global knowledge of the system. It provides instant confirmation and a further expansion of scalability limits.
The Coin Object is an asset-based UTXO in which unlike traditional blockchains, transactions are stored as a history of previous owners in the asset.
The State Matrix (StM) is a snapshot of the transactions in the DAG that aggregates account, asset and transaction history of a specific period. It allows the DAG to be non-continuous and provide a global view of the network while supporting smart contracts.
The Matrix Chain (MC) is a canonical chain with permanently attached State Matrices. It is the main layer of the LNX platform and complements the DAG structure by providing higher security through an overlay mechanism and network irreversibility.