Constellation Network

Constellation Network, founded in 2017, is a decentralized infrastructure provider that has developed a Layer 0 protocol known as the Hypergraph. The company was established by Benjamin Jorgensen, Benjamin Diggles, Mathias Goldmann, Wyatt Meldman-Floch, and Altif Brown to address the scalability and centralization challenges of traditional blockchains.

Constellation's core technology is the Hypergraph, a Directed Acyclic Graph (DAG) based architecture. Unlike linear blockchains, the DAG structure allows for the parallel processing of transactions, which is designed to provide high throughput and scalability. This architecture consists of a Layer 0 (L0) standard that acts as the foundational validation and security layer, and Layer 1 (L1) applications, called Metagraphs, which can be built on top. This allows businesses to create their own customizable blockchain networks with specific logic and consensus mechanisms while leveraging the security of the underlying Hypergraph.

The business model focuses on enterprise and government adoption by providing tools that can integrate with legacy data systems. Constellation's approach shifts transaction fees from the end-user to the business, making it more adaptable for organizations. Revenue is generated through partnerships with enterprise clients and government agencies that utilize the network for secure data validation and transfer. A notable client is the U.S. Department of Defense (DoD), with which Constellation has completed contracts to secure data streams for the U.S. Air Force. Other partners include Panasonic, IBM, and Amazon Web Services.

The native utility token of the network is $DAG, which is used to secure the Hypergraph through a staking mechanism, purchase throughput for data processing, and facilitate network governance. The company also developed the Stargazer Wallet for managing $DAG and L0 tokens, and acquired Dor, a SaaS company with thermal-sensing hardware, to expand its data collection capabilities and create a large mesh network.

Keywords: Directed Acyclic Graph, DAG, Layer 0, big data validation, Hypergraph, decentralized infrastructure, data security, blockchain for business, metagraphs, enterprise blockchain, data provenance, U.S. Department of Defense, secure communications, feeless transactions, Web3 infrastructure, data notarization, tokenization, cross-chain interoperability, IoT data, Stargazer Wallet