Constellation Logo

Constellation DAG

Constellation header image

1. Summary

Ranks

Liquidity
93
Developer
-
Social
92
Momentum (beta)
43
Stack Rankā„¢
-
Price
$0.03 -2.0%
Market Cap
$96.89M (#402)
Supply
3.03B / 3.55B
Tags
Price
52W High price $0.09
52W High date 13th Mar 2024 (4 months ago)
All Time High (ATH) Date 25th Aug 2021 (2 years ago)
ATH Price $0.45
% From ATH -91.12%
All Time Low (ATL) Date 9th Mar 2019 (5 years ago)
ATL Price $0.001101890000
% From ATL 3539.01%
Supply & Trading Volume
Trading Volume (24h) $3.48M
Total Supply 3.55B
Circulating Supply 3.03B
Description

Constellation is a distributed system that employs a Directed Acyclic Graph (DAG) architecture. Unlike traditional blockchains, such as Bitcoin and Ethereum, which are structured as a chain of blocks, Coordinate uses a DAG framework to process transactions. The system operates like a potluck where each node added to the network brings resources, en...

Constellation is a distributed system that employs a Directed Acyclic Graph (DAG) architecture. Unlike traditional blockchains, such as Bitcoin and Ethereum, which are structured as a chain of blocks, Coordinate uses a DAG framework to process transactions. The system operates like a potluck where each node added to the network brings resources, enhancing its scalability.

What is DAG?

A DAG is a type of data structure used for data modeling and consensus mechanisms in cryptocurrencies. Unlike blockchains, which consist of blocks, DAGs record transactions as vertices, and each transaction is linked to others without creating a cycle. This structure enables processing transactions faster and at a lower cost.

How does DAG work?

DAGs function by adding transactions as vertices to a graph. Each transaction is linked to other transactions, forming a non-cyclic network. This structure allows for faster transaction speeds and does not require mining, which reduces energy consumption and eliminates the need for mining equipment. The usability of DAGs can be seen in applications such as high-volume transactions and microtransactions.

Comparison with Blockchain

DAGs are often compared to blockchains as alternative solutions for decentralized ledger technologies. Both record transactions on a distributed ledger, but DAGs differ in their structure and operation. DAGs do not use blocks and instead utilize vertices connected by edges, which allow for simultaneous transaction processing without mining requirements.

Microservices

Microservices are an approach to application development where a large application is broken down into a suite of modular services. Each module supports specific business goals and communicates with other services through a simple, well-defined interface. This approach is used in applications such as Uber.

Constellation as a Non-Blockchain

Although inspired by decentralization principles, Constellation does not adhere to traditional blockchain structures. It uses DAG technology to meet its scalability and usability goals more effectively.

2. Price

DAG

2.1. Market Performance

How does Constellation's (DAG) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

3.6%

DAG

-1.4%

Similar Market Cap

60 Day Return

-26.6%

DAG

-15.2%

Similar Market Cap

1 Year Return

40.2%

DAG

17.2%

Similar Market Cap

3. Developer Activity

We're monitoring 36 Constellation GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.

Weekly Commits (All Constellation Repos)

Commits vs. The Market

  • Past 4 weeks: 0 commits vs. an average of 1
  • Past 12 weeks: 0 commits vs. an average of 8
  • Past year: 0 commits vs. an average of 119

Most Active Repos

Past week 10
Past 12 weeks 51
Past year 199
Past week 0
Past 12 weeks 5
Past year 40
Past week 0
Past 12 weeks 2
Past year 31
Past week 2
Past 12 weeks 6
Past year 23
Past week 0
Past 12 weeks 0
Past year 15
Past week 0
Past 12 weeks 0
Past year 8

Top Developers 2024

In total, 44 developers have contributed to Constellation over the past year. Who are the most active Constellation developers, by commits, over the past year?

Related Projects

Developers working on Constellation also worked on these projects.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers 4,530
Active Reddit Users (past 24h) 11
Discord users
Active Discord Users
Telegram Users 13,826
Twitter followers 81,091
5. News
7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Website https://constellationnetwork.io/
Explorer www.dagexplorer.io
Twitter @conste11ation
reddit /r/constellation
Forum https://www.quora.com/profile/Constellation-Labs-1
Whitepaper https://github.com/Constellation-Labs/Whitepaper/blob/master/constellation_whitepaper_v0.1.pdf

Has Constellation been audited for security?

No security audits found for this project.

Are you the owner of Constellation? Edit it here

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