Constellation (DAG) is too exciting to wait its turn. It won’t be in the 100s on CoinGecko for very long. This is the next token to CRACK into page 1 and I want to tell you about it. But first, we have to know why I'm so excited. This’ll be a longer post, but there is so much meat in this, that I feel you will come away satisfied.
DAG, like the name suggests, is not a blockchain. It is a Directed Acyclic Graph. In short, the current transaction refers to two previous transactions, and in turn will be referenced by future transactions. When you have a bunch of related DAGs, its called a hypergraph.
Why is this superior to blockchain? It’s a lot faster, scalable (TPS) and easier on storage. It’s similar tech in Hedera Hashgraph, Fantom and IOTA (which are all in the 50s on Coingecko), so what is the deal with Constellation?
In the spirit of disclosure and to cement my authority on the subject, I am taking part in the Constellation Flight Program, an incubator powered by the impressive team of experienced and brilliant crypto pros. The program focuses on the lessons learned from starting Constellation and the best practices in whitepaper writing, tokenomics and much more. I’m not paid nor expected to shill the token. I’m writing this because I am so very bullish on this tech. Why?
Constellation may revolutionize Web3 via the Hash Graph Transfer Protocol, a DAG-powered upgrade from HTTPS. They’ve had some amazing accomplishments despite the price action of their token, which ICO’s right at the start of the dreaded 2018 Bear Market. But, they won a US Air Force contract, which is ongoing and expanding- a first for the cryptospace- which has barely made a bump in the price (undervalued, I'd say).
They have three promising projects launch on to their open-source ecosystem: Alkimi, Lattice Exchange and GeoJam. The big draw to building on Constellation is the ease of cross chain transactions that cost close to zero. This is accomplished by several staked nodes (250k DAG required to stake for each node) running Proof of Reputable Observation. PRO ideally requires more than 3 nodes to agree, rejecting bad data before recording the correct data in the DAG. These mini-networks of nodes are referred to as State Channels which are chain-agnostic and much more efficient versions of smart contracts.
Finally, their community is on par, if not better than BTC Maxis and LINK Marines in terms of knowledge, enthusiasm and engagement. I’d say the DAGfam (AKA DAGCHAD) community is a HELL of a lot nicer and welcoming than the previous examples. Their Telegram is always hot with over 11k users in their general discussion and trading channels. They have a Discord that requires you to verify your phone number so I guess I’ll never be a part of that one (sadface). And if you follow anyone with HGTP:// in their handle, you’ll get a stream of enthusiasm and bullishness in your daily feed. Constellation had a weekly Hypergraph Hour for dev updates and more. The Stargazer Collective maintains Stargazer and Molly wallets, and the community has put all your questions at your fingertips by running dagchads.com where you should go for all your burning FAQs (as I have done).
This is the part where I tell you how you can get involved, buy the token and learn more. For all of that, hit their Telegram ASAP and see for yourself what a healthy online community looks like at the very eve of ascending into the Top 100.
