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Constellation
DAG

$0.020
Market Cap
-0.83% $57,754,041
Fully diluted market cap
$74,608,241
Circulating supply
2,873,448,318 DAG
Total supply
2,873,448,318 DAG
Max. supply
2,873,448,318 DAG
Volume 24h
+5.57% $1,187,782
Volume/Market cap (24h)
+2.06%

Official Links

Ratings

Average ratings from the community
4.5
100 Ratings
Average ratings from the community
This content is for informational purposes only

logo
Constellation
DAG

$0.020
1D
7D
1M
3M
1Y
ALL
Market Cap
-0.83% $57,754,041
Fully diluted market cap
$74,608,241
Circulating supply
2,873,448,318 DAG
Total supply
2,873,448,318 DAG
Max. supply
2,873,448,318 DAG
Volume 24h
+5.57% $1,187,782
Volume/Market cap (24h)
+2.06%

DAG Price Calculator

DAG
USD
1 DAG equals $0.020 United States Dollar
Last updated 2024/09/19 02:00:14 (UTC)

Official Links

Ratings

Average ratings from the community
4.5
100 Ratings
Average ratings from the community
This content is for informational purposes only

DAG Market

DAG Market Stats

24h Low & High
Lowest Price
$0.019
Highest Price
$0.020
All Time High
$0.46
Price Change(1h)
-0.80%
Price Change(24h)
-0.96%
Price Change(7d)
-8.84%

DAG Price Live Data

The live price of Constellation is $0.020 per (DAG/USD) today with 24-hour trading volume is $1.18M USD. DAG to USD price is updated in real-time. Constellation is -0.96% in the last 24 hours.

DAG Price Performance

24DAYS
$0.0(3)49
+2.47%
30DAYS
$-0.0030
-12.97%
90DAYS
$-0.0099
-32.62%
1YEAR
$-0.0069
-25.20%

About Constellation (DAG)



Constellation (DAG) is a protocol that uses a directed acyclic graph architecture to achieve a consensus that is, in theory, is capable of infinite scalability. With the DAG protocol and custom state channels, Constellation is driving the evolution of smart contracts by allowing data sources to be integrated into distributed ledger technology (DLT).

The company was launched in 2017 and the DAG roadmap dates back to April 2018. When developing the project, the founding team decided to rethink the usual solutions to many of the problems for existing blockchains, such as scalability and centralization. Constellation is designed to enable the secure processing of big data, offering the ability to connect to external datasets through easy-to-use APIs. Its technology is facilitated by a change in the principle of building consensus via a serverless architecture.


## Who Are the Founders of Constellation?

Constellation Labs (CST) was co-founded by four people: Benjamin Jorgensen, Benjamin Diggles, Mathias Goldmann and Wyatt Meldman-Floch.

Benjamin J. Jorgensen is CEO at Constellation Labs. Previously, he was the founding CEO of Klick Push and is also one of the co-owners of MZ Dining Group (Ittoryu Gozu) and the owner of A5 Meats.

Benjamin Diggles is chief revenue officer (CRO) at Constellation. He’s in charge of liaising with governments and enterprises and is also responsible for consortia programs and the implementation of Constellation’s global partnership strategy. Prior to his role at Constellation Labs, Diggles worked for Oracle, Universal Pictures and Disney.

Mathias Goldmann is chief operations officer (COO) of Constellation. Goldmann has previously worked for the European Central Bank and PricewaterhouseCoopers and, in October 2017, became part of Constellation Labs as VP of Finance. Now, as COO, he oversees the development and implementation of business operations. He also sets the policy for the development of Constellation’s corporate culture and vision.

Wyatt Meldman-Floch is chief technology officer (CTO) at Constellation, who developed the Constellation protocol from scratch. Meldman-Floch was an intern and researcher at NASA Ames Research Center and has also worked at companies that include Zignal Labs and Rally Health.


## What Makes Constellation Unique?

Constellation (DAG)’s mission is to process big data with maximum scalability, easy integration, low transaction fees and high levels of security. Constellation aims to efficiently process huge datasets in a secure and cost-effective manner.

The Constellation protocol seeks to resolve the persistent challenge of scalability in the blockchain space. The key difference of the project is a capacity to scale in proportion to the number of users and current needs. If a user joins Constellation, the network bandwidth increases in direct proportion.

Constellation uses a consensus model called proof-of-meme (PoM), which is based on the principle of rewarding and selecting nodes with good reputations.

On the Constellation Network, smart contracts run on a Java Virtual Machine (JVM). These contracts serve a similar function to smart contracts on the Ethereum (ETH) blockchain but their logic is somewhat more complex.

In June 2018, the creators of Constellation launched Orion, which allows the community to earn DAG tokens to participate in various Constellation events. The community’s goal is to gather information and content from the web into a single central hub.

The Constellation Network’s architecture consists of several components, including:



* **Stars**. A basic element for direct interaction between the web and users, which is compatible with mobile devices. All transactions are carried out through this component.
* **Star Cluster**. Required to participate in the consensus. Each Star Cluster forms local hash blocks, which are processed like ordinary transactions and hashed by Galaxies and Black Holes.
* **Galaxies**. These are isomorphic and behave like validators. Galaxies dedicate resources to Stars and maintain nodes’ reputations. Galaxy metadata is collected in Black Holes and the network's blockchain history is stored in Galaxies.
* **Black Holes**. These are groups of hashed blocks.

To summarize its key features: Constellation is focused on big data validation, big data notarization and scalable interoperability.


## Related Pages:

Read about IOTA (MIOTA).

CoinMarketCap presents a deep dive into IOTA's technology and latest developments.

Track the latest data on Ethereum (ETH).

New to crypto? Not for long. Check out our educational portal – Alexandria.


## How Many Constellation (DAG) Coins Are There in Circulation?

Constellation (DAG) is the native token of the Constellation Network. As of October 2021, the total supply is limited to 3.71 billion tokens, with 1.27 billion in circulation. The DAG token ICO ended on June 15, 2018.

DAG was created as an ERC-20 token, which offers seamless communication between government channels and nodes and connects multiple network components.

In addition, Constellation’s developers have launched a native crypto wallet called Molly, which is designed to enhance user experience.


## How Is the Constellation Network Secured?

In what can be taken as a testament to its security, Constellation (DAG) and the U.S. Air Force signed a deal in summer 2019 to automate the latter’s big data management. Constellation built on this further in the summer of 2021 and will now provide end-to-end security for communications between the U.S. Department of Defense and its commercial partners.

In terms of technology, Constellation cooperated with Kinnami Software to leverage its Hypergraph Transfer Protocol in order to create a robust, data security product based on blockchain encryption and distributed data management.

Constellation's Hypergraph can scale by adding nodes to the network using its DAG architecture and Proof of Reputable Observation (PRO) consensus. Everything on Constellation is handled automatically by smart contracts that provide microservices using the existing codebase in the JVM ecosystem.


## Where Can You Buy Constellation (DAG)?

As of October 2021, Constellation (DAG) is available to buy, sell, and trade on several crypto exchanges, among them KuCoin, HitBTC, LCX Exchange and Hotbit.

Want to keep track of DAG prices live? Download the CoinMarketCap app.

Learn more about crypto terms and definitions using the CMC Crypto Glossary.

Read the CoinMarketCap blog for the latest crypto market updates, announcements, insights and news.

How to Buy DAG on an Exchange

Step 1: Choose a Reputable Exchange Platform

Select a trusted platform from among many available options for purchasing DAG. Some reputable platforms include LBNK, Okx, Kraken, and others.

Step 2: Register an Account

Here, we'll register an account on the OKX (registration link) trading platform. You may need to provide personal information such as phone number and email to complete the registration process.

Step 3: Complete Identity Verification

For security purposes, some platforms may require you to complete identity verification. Follow the platform's instructions to provide necessary identity information (such as country/ID number) and undergo facial recognition. Once your identity is confirmed, you'll receive notification.

Step 4: Link Bank or Payment Method

Link your bank account or other payment methods to the exchange platform for making payments when purchasing DAG.

Step 5: Purchase DAG

Find the option to buy coins on the exchange platform, choose the C2C coin purchase process, and then input the quantity of DAG you wish to purchase. Typically, you'll choose to buy USDT first and select your preferred payment method. Simply place the order, make the payment to the seller, and you'll receive the cryptocurrency. Once payment is complete, you can use your exchange assets to buy DAG.

Step 6: Store Your DAG

After purchasing, you can choose to store your DAG in the digital wallet provided by the exchange platform or transfer it to a hardware wallet under your control.

Step 7: Security Reminder

To protect your exchange account and DAG assets, be sure to use a strong password and enable two-factor authentication.

DAG Price:The price fluctuates daily, and as of March 30, 2024, the highest price for DAG was $0.4624

Recommended Similar Coins: LEET, GENO

Recommended Exchanges for Trading: kucoin、gate

DAG To Local Currency

Last updated 2024/09/19 00:00:03 (UTC)

How To Buy Constellation

When it comes to buying crypto, you have a lot of options. Our guide will provide step-by-step instructions on how you can buy Constellation and help you discover other cryptocurrencies similar to Constellation.

FAQ

Q
What is the current price of Constellation?
A
We update our Constellation to USD price in real-time. Get the live Price of Constellation on CoinMapAi.
Q
What is the 24 hour trading volume of Constellation?
A
Over the last 24 hours, the trading volume of Constellation is $1.18M.
Q
What is the all time high of Constellation?
A
The all-time high of Constellation is $0.46. This all-time high is highest price paid for Constellation since it was launched.
Q
Where can I buy Constellation?
A
Constellation can be purchased on multiple centralized exchanges. Please check our buying guide: buy Constellation guide.
Cryptocurrency investment activities, including actions done to buy Constellation online via OKX, are subject to market risk. OKX provides easy and convenient ways for you to buy Constellation instantly, and we put our best efforts to fully inform our users about each and every cryptocurrency we offer on the exchange, but we are not responsible for the results that may arise from your Constellation purchase. This page and any information in it is not meant to be interpreted as an endorsement of any particular cryptocurrency or method of acquiring it.

CoinMapAi is your gateway to the Web 3 world, serving as a guide to help you quickly familiarize yourself with and enter the world of cryptocurrency.

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