Constellation’s New Protocol Is 1000x Faster Than Bitcoin, Ethereum

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Constellation’s New Protocol Is 1000x Faster Than Bitcoin, Ethereum
FelixMittermeier / Pixabay

Constellation, a horizontally-scalable blockchain for consumer-grade applications, is emerging from stealth this week. The team originally formed to build Rakugo, a decentralized content platform project launched on the Ethereum protocol. After realizing the inherent limitations of Ethereum, they pivoted to develop their own DAG protocol that would be more supportive of projects like Rakugo.

Blockchain protocols including Ethereum and Bitcoin have proven too centralized and slow to be truly useful for real-world applications that require intensive distributed computing, like big data, artificial intelligence, medical data analysis, and 3D video rendering.

The key gateway to mainstream enterprise adoption is meeting the demands of consumer-grade applications, and companies like Constellat