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Constellation Stock

Constellation

DAG

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Constellation Whitepaper

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Börse Marktpaar Preis +2% Tiefe -2% Tiefe Volumen (24H) Volumen % Typ Liquiditätsbewertung Aktualität
GateDAG/USDT0.03722.933,021.121.16 M0.05cex2347/9/2025, 6:23 AM
OurbitDAG/USDT0.03624.942,486.21832,525.390.06cex2277/9/2025, 6:15 AM
KuCoinDAG/USDT0.0314,635.385,178.62347,857.340.03cex2407/9/2025, 6:23 AM
LBankDAG/USDT0.03310.2265.58228,400.290.01cex3077/9/2025, 6:21 AM
BingXDAG/USDT0.0313.5953.7226,493.90.08cex307/9/2025, 6:21 AM
BitMartDAG/USDT0.03664.52,296.95195,269.520.01cex1687/9/2025, 6:21 AM
CoinWDAG/USDT0.03615.8478.75149,705.520.01cex17/9/2025, 6:21 AM
Biconomy.comDAG/USDT0.0310,943.3411,562.93146,102.880.03cex2717/9/2025, 6:15 AM
MEXCDAG/USDT0.031,714.352,371.39119,486.040cex2617/9/2025, 6:18 AM
XT.COMDAG/USDT0.030.251,104.7185,778.110.01cex1157/9/2025, 6:21 AM
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Constellation FAQ

What is Constellation (DAG)?

Constellation (DAG) is a protocol that employs a directed acyclic graph (DAG) architecture to achieve consensus theoretically capable of infinite scalability. By utilizing the DAG protocol and custom state channels, Constellation is advancing the development of smart contracts by integrating data sources into distributed ledger technology (DLT). The company was founded in 2017, and the DAG roadmap initiated in April 2018. During the project's development, the founding team opted to revisit conventional solutions to common blockchain issues such as scalability and centralization. Constellation is engineered to facilitate the secure processing of large data sets, offering seamless connectivity to external datasets through user-friendly APIs. Its technology is enabled by a shift in the consensus-building principle via a serverless architecture. For more detailed analytics and information about Constellation (DAG), refer to Eulerpool.

Who Are the Founders of Constellation?

Constellation Labs (CST) was co-founded by Benjamin Jorgensen, Benjamin Diggles, Altif Brown, Mathias Goldmann, and Wyatt Meldman-Floch. Benjamin J. Jorgensen serves as the CEO of Constellation Labs. His previous roles include founding CEO of Klick Push, co-owner of MZ Dining Group (Ittoryu Gozu), and owner of A5 Meats. Benjamin Diggles holds the position of Chief Revenue Officer (CRO) at Constellation. He oversees engagement with governmental bodies and enterprises, manages consortia programs, and implements Constellation's global partnership strategy. Before joining Constellation Labs, Diggles worked with Oracle, Universal Pictures, and Disney. Altif Brown, as Director of Community, brings over a decade of Silicon Valley startup experience to the role. Specializing in building global digital communities, Altif has been instrumental in developing the Constellation ecosystem and other scalable economic models. He is experienced in fostering culture and community within decentralized environments. Mathias Goldmann is the Chief Operations Officer (COO) of Constellation. His prior experience includes positions at the European Central Bank and PricewaterhouseCoopers. Joining Constellation Labs as VP of Finance in October 2017, Goldmann now manages the development and implementation of business operations. He is also responsible for strategizing the development of Constellation's corporate culture and vision. Wyatt Meldman-Floch, as Chief Technology Officer (CTO) at Constellation, is the developer of the Constellation protocol. His experience includes internships and research roles at NASA Ames Research Center, with prior work at Zignal Labs and Rally Health. For more information, please visit Eulerpool.

What Distinguishes Constellation as Unique?

Constellation (DAG) aims to handle large-scale data processing with utmost scalability, seamless integration, low transaction costs, and robust security. Its primary objective is to process vast datasets efficiently in a secure and cost-effective manner. The Constellation protocol addresses the ongoing issue of scalability within the blockchain realm. The project's distinct capability lies in its ability to scale proportionately with the number of users and current demands. As new users join Constellation, the network's bandwidth expands correspondingly. Constellation employs a consensus model known as proof-of-meme (PoM), which rewards and selects nodes based on their reputations. Within the Constellation Network, smart contracts operate on a Java Virtual Machine (JVM). These contracts fulfill a similar role to smart contracts on the Ethereum (ETH) blockchain, though they incorporate somewhat more complex logic. In June 2018, the creators of Constellation introduced Orion, facilitating community members in earning DAG tokens by participating in various Constellation events. The community aims to consolidate web information and content into a single centralized platform. The architecture of the Constellation Network comprises several components, including: * Stars: A fundamental element for direct interaction between the web and users, compatible with mobile devices. All transactions occur through this component. * Star Cluster: Necessary for participation in the consensus. Each Star Cluster forms local hash blocks, processed like ordinary transactions and hashed by Galaxies and Black Holes. * Galaxies: These act as validators in an isomorphic manner. Galaxies allocate resources to Stars and uphold nodes' reputations. Galaxy metadata is accumulated in Black Holes, and the network's blockchain history is preserved in Galaxies. * Black Holes: These consist of groups of hashed blocks. In summary, Constellation focuses on big data validation, notarization, and scalable interoperability.

What is the Current Circulation of Constellation (DAG) Coins?

Constellation (DAG) is the native token of the Constellation Network. As of October 2021, the total supply is capped at 3.71 billion tokens, with 1.27 billion tokens currently in circulation. The Initial Coin Offering (ICO) for the DAG token concluded on June 15, 2018. Initially created as an ERC-20 token, DAG facilitates seamless communication between government channels and nodes, effectively integrating various network components. Moreover, the developers of Constellation have introduced a native cryptocurrency wallet named Molly, specifically designed to enhance the user experience.

How is the Constellation Network Secured?

In a significant endorsement of its security features, Constellation (DAG) entered into an agreement with the U.S. Air Force in the summer of 2019 to automate the latter’s big data management processes. Building on this achievement in the summer of 2021, Constellation expanded its provision to deliver comprehensive security for communications between the U.S. Department of Defense and its commercial partners. From a technological standpoint, Constellation collaborated with Kinnami Software to utilize its Hypergraph Transfer Protocol. This collaboration aims to create a strong data security product grounded in blockchain encryption and distributed data management. Constellation's Hypergraph is capable of scaling by adding nodes to its network, utilizing its Directed Acyclic Graph (DAG) architecture and the Proof of Reputable Observation (PRO) consensus. All processes on Constellation are automatically managed by smart contracts, which deliver microservices using the existing codebase within the Java Virtual Machine (JVM) ecosystem.

Where Can You Purchase Constellation (DAG)?

As of October 2021, Constellation (DAG) can be bought, sold, and traded on various cryptocurrency exchanges, including KuCoin, HitBTC, LCX Exchange, and Hotbit. Interested in monitoring live DAG prices? Download the Eulerpool app. Expand your understanding of cryptocurrency terms and definitions with the Eulerpool Crypto Glossary. Visit the Eulerpool blog for the latest updates, announcements, insights, and news in the cryptocurrency market.

Investors interested in Constellation are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.