Blockchain technology is revolutionizing the way the world views and interacts with currency. Constellation’s Directed Acyclic Graph (DAG) based protocol, Hypergraph, is taking it a step further–with what is quickly becoming the gold standard of currency, big data. The Constellation token, $DAG, is deployed on the Hypergraph fabric, and as such, the purpose of Hypergraph is to enable an auditable, secure, fast and trustless exchange of data at high volume. This solution integrates seamlessly with existing traditional infrastructures, creating new revenue opportunities and reducing operational costs for enterprises, the world over.
What is Hypergraph?
Hypergraph is asynchronous, infinitely scalable, and consequently built to handle large sums of data. Constellation successfully achieved horizontal scalability without compromising the overall performance of the network–a revolutionary feat for data security. Complex data structures can be compiled and sorted, painlessly, due to Hypergraph’s infrastructure. Constellation has built a concurrent consensus to validate data, differentiating its core competencies from alternate solutions.
In addition to the above, Constellation recently deployed its Peer-to-Peer network and in doing so–demonstrated its capability to process large amounts of data, by achieving asynchronous consensus. This development has expanded Constellation’s reach across various forms of data types, such as images, video, and multiple data points like lidar sensor data. This enables the blockchain leader to tackle countless factors in validating complex data types. As such, the continuous surge in transactions performed on the $DAG protocol ultimately serves as a catalyst, cultivating a standard for tokenized data.
The Hypergraph is decentralized, however, it mimics conventional solutions, even though it operates on fully decentralized nodes–dispersed around the globe. As a result, Constellation is able to achieve optimum levels of security, while upholding scalability, speed, and operational uptime. Although the architecture is inherently decentralized, Constellation’s offering is capable of synergistic integration with traditional tools. Therefore, enterprises that have already deployed data-management tools (like splunk and kafka), can seamlessly adopt the distributed security infrastructure without any obstruction to business continuity.
The structure of it’s core network is composed of state channels, comparable to a microservice architecture, in that logic is expanded across various state channels–capable of digesting complex datasets. Essentially, the token is the financial engine of the Hypergraph Network, a simple data type created to administer transactions.
The Role of $DAG
The protocol is tokenized throughput via Constellation’s network and similar to the way that Gas in Ethereum is utilized to conduct payments for smart contracts, $DAG is the instrument facilitating transactions. It is utilized within the network to purchase enhanced throughput, attributing value to the data being exchanged. Additionally, each individual tx per snapshot-window (5min) is free of charge, bolstering the user experience for individual token holders and organizations, alike.
One special byproduct of the network structure is that it essentially is a data marketplace, where validated data can be securely exchanged without violating any privacy laws. This is due to the fact that Hypergraph enables high volumes of assorted data processing and therefore the token can be used to attribute value to data. From a technical perspective, the protocol is the fiscal tool within the network, authorizing connections of datasets that weren’t previously connectable or exchangeable.
As technological advancements continue to spur within artificial intelligence, mobility, autonomous driving, and 5G, there will be a shift in data governance–from primarily centralized data repositories, to decentralized, efficient and secured ecosystems. Click on the link below to learn more about Constellation’s network and protocol.