Constellation is a distributed network. It offers fast and scalable solutions for individuals or organizations that need to securely process and transfer data. In other words, Constellation is a protocol that uses a directed acyclic graph architecture to achieve a consensus that is theoretically capable of infinite scalability.
DAG is the token used on Constellation's decentralized Hypergraph network. DAG is also referred to as the financial state channel of this network. As a cryptocurrency, DAG is intended to interconnect all network components. Thus, DAG provides both exchange and interaction between different government channels and nodes that make up the network. In addition, the DAG token can be used to launch a node in the Constellation Hypergraph protocol HGTP to validate data and transactions. DAG can also be applied to receive validator's rewards in this cryptocurrency.
The Constellation Network project was first created in 2018. Since then, it has changed, improved, and developed. The project was facilitated by a team of developers who are scattered around the world but share one goal - to change our world for the better. Constellation’s headquarters are located in San Francisco, and the core team consists of 10 people. There are four co-founders among them: CEO Ben Jorgensen, CTO Wyatt Meldman-Floch, CSO Benjamin Diggles, and COO Mathias Goldmann. In addition, the team has several advisors and contributors.
After reading this article, you have learned more about the Constellation project and its DAG token. If you want to get DAG, SimpleSwap is happy to help:
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