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Constellation DAG Is Now Part Of KuCoin’s Potential Altcoins

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Jonathan Gibson

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2 mins
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Constellation is a potential project that addresses the limitations inherent in current blockchain technology. Because of its promising intention, it is now considered one of the most potential altcoins in the market.

Today, Constellation is proudly announcing that they have listed their stablecoin DAG to one of the leading exchanges in Asia, KuCoin. Deposits are now accessible with supported pairs include DAG/BTC, DAG/ETH, and DAG/NEO.

Buying schedule commences at 17:30 (UTC+8) and Selling/Withdrawal at 18:00 (UTC+8).

Introduction To Constellation DAG

Constellation Labs intend to challenge in the next generation of network, post as the current blockchain, the DAG era. Constellation is a fault-resistant, horizontally scalable, distributed operating system that operates smart contracts as microservices, all created utilizing JVM for its programming language and DAG architecture.

It offers a reformulation of cryptographically protected consensus into a modern serverless architecture and sets out to resolve the scalability and “centralization” of current blockchains.

This planning technique enables infinite scalability and increased throughput for the network. The reformulation of consensus into server-less architecture proposes to solve the scalability difficulty to allow mainstream applications to adopt blockchain technology. Constellations meme economy has the potential to produce transactional fees obsolete.

DAG Token Utility

The Constellation Token called DAG is utilized as a utility token on the platform. It allows access to the network for developers and users alike, as well as incentivize validators for their performance in consensus.

Constellation’s DAG is an ERC20 token that is created on the Ethereum blockchain. With testnet scheduled for June 2018 followed by mainnet early 2019, DAG will then proceed to their chain following a token exchange.

 

Jonathan Gibson

About the Author

Jonathan is an experienced editor-in-chief and crypto writer, with over seven years in the field. His work focuses on in-depth research and clear, informative reporting on cryptocurrency topics, positioning him as a knowledgeable figure in the industry.