Constellation[DAG]
Constellation Labs is a blockchain platform for dApp integration.
Constellation (DAG) is a decentralized network that utilizes a Directed Acyclic Graph (DAG) architecture to enable fast, scalable, and feeless transactions. Unlike traditional blockchains that rely on sequential blocks, Constellation’s DAG framework processes transactions in parallel, enhancing throughput and reducing latency. The network operates as a Hypergraph, composed of interconnected nodes that contribute resources, improving scalability and security. Constellation’s consensus mechanism, Proof of Reputable Observation (PRO), incentivizes honest validation through reputation rather than energy-intensive mining, making it energy-efficient and suitable for big data and Internet of Things (IoT) applications.
The native DAG token serves multiple functions within the ecosystem, including securing the network by incentivizing validators and delegators, powering metagraphs by covering snapshot fees for validation and storage, and supporting ecosystem growth through grants and incentives. Constellation’s architecture supports interoperability, real-world data applications, and decentralized finance (DeFi), positioning it as a scalable and flexible platform for Web3 development. The network’s design enables developers to create modular applications with custom logic while maintaining cross-chain compatibility.
The native DAG token serves multiple functions within the ecosystem, including securing the network by incentivizing validators and delegators, powering metagraphs by covering snapshot fees for validation and storage, and supporting ecosystem growth through grants and incentives. Constellation’s architecture supports interoperability, real-world data applications, and decentralized finance (DeFi), positioning it as a scalable and flexible platform for Web3 development. The network’s design enables developers to create modular applications with custom logic while maintaining cross-chain compatibility.
Layer 1 (L1)
Current price
24h:4.02%Market cap
Trading volume 24h
Fully diluted market cap
All time high price
92.51%All time low price
2,972.46%Token supply
0 DAG (0%)
3.55B DAG (100%)
$0.0345
$0.0338
$0
$119.98M
2.86B DAG (80.43%)