DAG, also known as Directed Acyclic Graph, is a highly exposed technology in the blockchain field. However, it is not a blockchain. Rather, it is a data structure such as tables, blockchain, and permutations. But unlike blockchain, it shifts the consensus of the longest chain to the consensus of the heaviest chain. Thus, the more applications there are, the more efficient it is.
What is a constellation network?
Constellation (DAG) is an open-source platform that allows anyone to create a cryptocurrency, blockchain, or decentralized application. This cryptocurrency offers a solution to the scalability problem that Bitcoin or Ethereum currently presents.
Constellation is not based on blockchain technology. DAG’s goal is to create a network of applications, merchants, and exchanges that can interact with each other. The name DAG comes from the technology applied by the platform. DAG is a decentralized project whose main structure is based on successfully solving the scalability problem in distributed accounting technology.
How does constellation network DAG work?
Therefore, the DAG is composed of two different types of elements: the nodes and the links between them. This can be used to retain a data history such as software versions or interactions between users.
For software versions, version 5 can only be linked to version 4 in a linear frame. Using a DAG, this version can be linked to version 3, while version 6 will link versions 4 and 5.
Simply specify the parent node (nodes) to add new data to a DAG and define the links between them. And about the path of a DAG, there are different algorithms that each have their own specificities. The use of a DAG facilitates the use of certain algorithms compared to other more generalist graphs, such as the search for the shortest or longest paths between two specific nodes.
The utility of DAG
A DAG does not need to depend on the classic Proof of Work to validate transactions, which means that it does not need blocks and, therefore, chain, which is a definite gain in energy consumption.
A DAG allows to offer a high level of scalability to the network by its architecture since blocks do not limit it. This, coupled with extremely low or non-existent transaction costs and rapid transactions, make it the main argument for applying a DAG in a distributed registry.
mainnet 2 upcoming
After its first mainnet, constellation DAG is preparing for the launch of mainnet 2 with a three-phase rollout. The first is L_0 Token Development, then Deploy to Testnet, and this is the current page on which DAG is working before moving to the third and final phase, the Mainnet 2.0 Push to Production.
How can I buy a DAG token?
It is necessary to go through an exchange platform accepting fiat money to buy Ethers (ETH) or Bitcoins (BTC). Then you must exchange these BTC or ETH for Constellations (DAG) on an exchange platform offering the BTC/DAG and ETH/DAG pairs, for example. The best platforms for this mission are Kucoin and Gate.io.