How does Constellation utilize DAG technology in its blockchain platform?

1 answers

• Mohammed Affan R ShaikhsurabMar 14, 2024 · a year ago
  Constellation's blockchain platform utilizes DAG technology to achieve a high degree of scalability and transaction throughput. The DAG structure allows for parallel processing of transactions, enabling multiple transactions to be confirmed simultaneously. This results in faster transaction speeds and improved scalability compared to traditional blockchain platforms. Additionally, DAG technology eliminates the need for mining and consensus algorithms, reducing the energy consumption and transaction fees associated with traditional blockchains. Constellation's use of DAG technology positions it as a promising solution for applications that require fast and scalable transaction processing, such as decentralized exchanges and supply chain management systems.
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