Constellation DAG White Paper

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Hello and welcome to this blog post about Constellation DAG White Paper. I am very excited to know that you are interested in this amazing technology, you will be going to amazed by the incredible potential of the blockchain.

There is a lot to learn about this futuristic tech, lets get started to dive into the Constellation DAG white paper and start to leverage it to build a more secure and trusted ecosystem for Industry 4.0 applications.

The aim of this blog post is to help you quickly understand about the philosophy behind the Constellation (DAG).

I can ensue you that, you will be able to understand every bits and pieces related to Constellation (DAG) after going through the Constellation DAG white paper.

Without wasting any further time lets get started to dive right in and lets understand white paper first.

What is white paper?

A white paper is an informational, influential, well-structured document, usually published by an organization, to provide in-depth information about a specific solution.

A white paper is used to provide a good insight into the challenges for a specific problem and a proposed solution for the same.

Constellation DAG White Paper

Constellation DAG white paper will be going to provide you, all the information that is needed to get started with Constellation (DAG), including the inspiration for creating, the problem it is trying to solve and the solution proposed by Constellation (DAG).

Introduction

“ I think we have all read enough intros that proceed with a nod to Bitcoin, the white paper that Satoshi N. wrote, followed by a brief summary and analysis.

However, it goes without saying that bitcoin/Satoshi set the stage for the birth of not only a revolution but an alternative industry that masks itself in the concept of the 4th Industrial Revolution, with new socioeconomic rules, and the foundation of reimagining transactions and a connected world.

Out of that spawned Ethereum and the years following their launch the Ethereum Foundation discovered smart contracts and encoding logic homogenous data sets: a step forward from transactions and towards real world developer adoption.

Here we are today, 10 years after Bitcoin’s debut and 5 years after the launch of Ethereum, Constellation Network. Constellation is an evolution of transactions and smart contracts.

A microservice ecosystem that enables big data application support with simultaneously running multiple layers of consensus which can be applied to more than just monetary financial transactions.

An evolution that truly embraces the ethos of open source by attempting to unveil technology that can appeal to a group of developers that want to explore a secure communications protocol for big data.

What drew me into the space was an opportunity to be a part of a completely different industry and a different way of thinking. A team that wanted to believe in a radical and romantic world view.

Organically, Constellation has a postmodern air to it in that embraces elements of existing technologies and industries, transcends political agendas, expands on existing notions of decentralization, adheres to knowledge as the source of truth, and all the while weaving an essential secure digital currency as a means to represent and exchange value. It literally is a postmodernist’s dream.”

White Paper Link: Constellation DAG White Paper

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