Constellation Network, established in 2017, aims to overcome the limitations of traditional blockchains by offering an efficient and transparent infrastructure. This article highlights the Hypergraph architecture, tokenomics, and the network's future.
History and Key Achievements
The development of Constellation Network began in 2017 with the goal of overcoming the limitations of traditional blockchains. On May 7, 2020, the network launched its Hypergraph Main Net, marking a significant milestone in its evolution.
Technical Features of the Hypergraph Architecture
The Hypergraph architecture utilizes a Directed Acyclic Graph (DAG) structure, allowing for faster transaction speeds. The network consists of two layers: Layer 0, responsible for final validation, and Layer 1, handling new data in a graph format.
Tokenomics Evolution: From Fixed Supply to Dynamic Model
$DAG token is the native cryptocurrency of Constellation Network, used for interactions among various components of the network. In August 2024, a new tokenomics model called Metanomics was introduced, revising how the network's economy is managed to ensure sustainable growth.
Constellation Network aims to secure a sustainable place in the Web3 ecosystem by providing innovative solutions for businesses and expanding opportunities for developers.
