Constellation Network is a distributed infrastructure that connects the two emerging technologies: Big Data and blockchain.
The network focuses on providing an efficient solution for the biggest challenges that numerous existing systems are considerably struggling with, including the speed, scalability, and DApps economic incentive.
Constellation’s strategic vision lists scalability as one of the platform’s priorities, detailing the various methods that can enhance horizontal scaling and interoperability execution through its distribution network.
It also has a unique tokenomic model that may help it to gain a wide user base. The total supply of $DAG is just 3,67 billion tokens. Once this amount of $DAG is minted, the supply will be totally used up.
In addition, there is a maximum node rewards level of 1.6 billion. All of these factors have contributed to a relatively stable token price up to this point.
What is Constellation?
As its name implies, the Constellation is a group of digital entities that govern different aspects of the platform. Constellation defines itself as a distributed decentralized blockchain powered by a microservices approach and its smart contracts are not set up on the regular Ethereum blockchain.
In other words, a large application is built as an interoperable system for large and smaller modular services.
Each module will specifically support a different business goal, but they can also communicate with other devices on the same network.
Constellation aims to create a truly decentralized network based on authorized choice, where users are given the ability to contribute to consensus.
The network, on the other hand, is set to solve problems caused by the limitations of current blockchain technology such as not being fully scalable horizontally, meaning that many existing networks are not powerful enough to allow the addition of users to…