On Thursday, 11th September 2020, DAG Constellation took to its Twitter account to announce the first dApp, which will build on DAG Hypergraph. This dApp is a DeFi exchange that goes by the name Lattice Exchange.
On their Twitter account, DAG Constellation pointed out that the official announcement on the availability of that dApp on DAG is next week. As per now, there is no much information about the Lattice exchange building on the DAG hypergraph.
The DeFi Exchange’s Hypergraph Ecosystem Launch
The DAG hypergraph main net launched at the end of April 2020. DAG hypergraph operates on fully decentralized nodes spread globally. According to the constellation network on the DAG hypergraph launch, this new ecosystem saves energy compared to POW. Constellation network also pointed out that the DAG hypergraph is more fair compared to POS. The initial cluster runs five times the tps of ethereum and bitcoin, without any fine-tuning and optimization.
Constellation network noted that the hypergraph ecosystem would continue to expand with more exchange integrations and more ecosystem tools and features. More integration build-outs, more nodes onboarded, state channels, and light nodes will also facilitate the hypergraph ecosystem’s expansion. Partner and contract expansion will also contribute to the growth of the hypergraph ecosystem in the long-run.
About Constellation Networks
Constellation networks is a software tool that does away with the financial and organizational cost of bad data. This network provides a secure and tamper-proof audit trail, which concomitantly validates your data. Fast data validation allows early visibility for data management teams into downstream issues and avoids flawed logic over automated systems.
Constellation network offers a token known as $DAG. This token allows the seamless exchange and interaction between the different state channels and nodes that compose the constellation network. $DAG also holds together all the constellation network components, allowing them to relate to each other.
$DAG permits the attribution of the value of data. It does not matter whether its a single package of data or an entire data stream; traded in real-time on an event basis. $DAG enhances the decentralized data marketplace for the data economy. This token also enables data-preneurship because individual corporate traders can securely and compliantly monetize their data.
For any serious data processing or data exchange process in constellation networks, one needs more throughput. That is gotten through $DAG micropayments or by providing resources as a node operator to the system.