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Constellation

Constellation

DAG
#483
$0.005887Down 6.29 percent($0.00)

Key Stats

Market Cap$23.13MDown 6.29 percent
Volume (24h)$545.36K
Fully Diluted Value$21.75M
Vol/Mkt Cap (24h)2.36%
Total Supply3.93B DAG
Max Supply3.69B DAG
Circulating Supply3.93B DAG
Launch Date2022-09-28

Constellation Information

Block Explorers
Hashing Algorithms
SHA-256
Industries
Cross-Chain Infrastructure

Constellation Price Converter

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Constellation Markets

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InstrumentExchangeBenchmark DataPrice24h Change
ConstellationUSDT logo
DAG-USDT
DAG-USDT
kucoin logokucoin
BB
0.005905USDT
-6.05%
ConstellationUSD logo
DAG-USD
DAGUSD
kraken logokraken
AA
0.005887USD
-6.70%
ConstellationUSDT logo
DAG-USDT
DAG_USDT
gateio logogateio
A
0.005901USDT
-6.21%
ConstellationEUR logo
DAG-EUR
DAGEUR
kraken logokraken
AA
0.005077EUR
-9.06%
ConstellationUSDT logo
DAG-USDT
dag_usdt
xtpub
-
0.005872USDT
-6.50%

About Constellation

Constellation is a protocol that employs a directed acyclic graph (DAG) architecture to achieve consensus theoretically capable of infinite scalability. Launched in 2017, Constellation’s goal is to enable secure big data processing and allow connection to external datasets through APIs. Its approach involves a serverless architecture to address common blockchain problems such as scalability and centralization. The DAG protocol, complemented by custom state channels, is designed to evolve smart contracts by integrating data sources into distributed ledger technology (DLT)​​. Constellation’s unique mission is to process big data with high scalability, easy integration, low transaction fees, and robust security. Its consensus model, proof-of-meme (PoM), rewards and selects nodes based on reputation. Its smart contracts run on a Java Virtual Machine (JVM), offering functionalities akin to Ethereum’s smart contracts but with more complex logic.

Frequently Asked Questions

Constellation is a protocol that employs a directed acyclic graph (DAG) architecture to achieve consensus theoretically capable of infinite scalability. Launched in 2017, Constellation's goal is to enable secure big data processing and allow connection to external datasets through APIs. Its approach involves a serverless architecture to address common blockchain problems such as scalability and centralization. The DAG protocol, complemented by custom state channels, is designed to evolve smart contracts by integrating data sources into distributed ledger technology (DLT)​​.

Constellation's unique mission is to process big data with high scalability, easy integration, low transaction fees, and robust security. It aims to efficiently handle large datasets in a secure and cost-effective manner. The network's scalability is directly proportional to its user base, increasing bandwidth as users join. Constellation's consensus model, proof-of-meme (PoM), rewards and selects nodes based on reputation. Its smart contracts run on a Java Virtual Machine (JVM), offering functionalities akin to Ethereum's smart contracts but with more complex logic​​.

Constellation Labs was co-founded by Benjamin Jorgensen, Benjamin Diggles, Mathias Goldmann, and Wyatt Meldman-Floch. Benjamin Jorgensen, as CEO, brought his entrepreneurial experience from founding Klick Push and other ventures. Benjamin Diggles, as chief revenue officer, is responsible for liaising with governments and enterprises. Mathias Goldmann, COO, brings experience from the European Central Bank and PricewaterhouseCoopers, and Wyatt Meldman-Floch, CTO, developed the Constellation protocol from scratch with a background that includes work at NASA Ames Research Center.