
Constellation is currently trading at $0.007564, with a 24-hour trading volume of $ 530,078. Over the past 24 hours, the price of Constellation changed by -5.34%, and over the past week, its value in USD rose by +16.84%. The circulating supply of Constellation is 2.87B DAG, with a market cap of 21.83M USD, down -5.34% in the last 24 hours. Constellation is ranked #614 by market cap.
Constellation Network is a scalable enterprise-grade blockchain to create a standard for data in transit and use, by cryptographically securing complex data structures in contested network environments.
Constellation’s main products are our Hypergraph Network, which is accessible via our Hypergraph Transfer Protocol (HGTP) and Proof of Reputable Observation (PRO) consensus mechanism, which runs consensus in parallel by a) validating local node operations and b) the state of the network. The focus of the HGTP is to provide a robust protocol that meets any use case, business model, and need. The HGTP is a base layer (L_0) protocol built using a directed acyclic graph architecture and has a concurrent consensus mechanism to separate network processes to enable speed and security. Our cryptocurrency $DAG is a layer 1 (L_1) application, which is validated on the HGTP using our concurrent consensus mechanism.
The architecture ensures high transaction throughput, allowing for consumer grade distributed applications to be built on Constellation. Constellation allows for cross-chain liquidity through fibered chains and chain complexes thus creating the infrastructure for blockchain interoperability in a diverse world of blockchain use-cases.