When talking about cryptocurrencies, surely some like Bitcoin or Ethereum come to mind in addition to the so fashionable NFTs in recent years. But the most popular are not the only ones on the market, they are not the only cryptocurrency options we can trade or invest in. Less well known is DAG, Constellation’s token that uses the technology that gives it its name and moves away from the blockchain to perform or validate transactions.
DAG is a token or cryptocurrency that belongs to the Constellation project. Much less known than others such as Bitcoin or Ethereum but that we can also buy in some international exchanges. In addition, it has some peculiarities that make it unique and moves away from the classic blockchain technology.
DAG stands for Directed Acyclic Graph and owes its name to this computer science technology on which it is based: the directed acyclic graph. What does this mean? It is a graph that has no cycles. There is no straight path that begins and ends but is considered a distributed ledger technology. DAG does not use blockchain, it does not use conventional blockchains but uses this graph in which all data sets are connected to each other. Partners
There are all kinds of partners that support Constellation, companies from all over the world that are part of the Constellation ecosystem, as stated on its website, at all levels. Not only from the point of view of cryptocurrency but globally through company, community, product. In this ecosystem we find companies such as AWS or Amazon Web Services but also the United States Air Force. Or partnerships with companies related to the cryptocurrency sector such as Chainlink or KuCoin, for example.
Through the Constellation website we can know all its partners or the entire ecosystem with the companies that form and support it at different levels: product (KuCoin, Yield, Chailink, Cyptoast, Grafana …) at the community level (Medium, Telegram, Twitter …) or at the business level with partners such as AWS, Dcode, IEEE, Decisive Point, MouseBelt, Portland State University, etc.
Mission and features
As we have explained in previous paragraphs, DAG is based on the technology that gives it its name. The directed acyclic graph technology allows several nodes to be connected simultaneously and this has a number of advantages over other alternatives. For example, it offers us greater speed. It is easier and faster to validate transactions or create new transactions if we compare it with the conventional blockchain or blockchain that almost all cryptocurrencies use.
Constellation, in charge of DAG, say on its website that technologies like yours allow “the definition of global sovereignty when it comes to data.” They boast of being a project that seeks to shed light on data crisis problems, interoperability problems. “We embrace how technologies impact our lives and change the way we work. The abundance of information challenges our ethics and our values. In this way, Constellation puts the focus on data sovereignty and decision-making following the path of nature, “they collect from their website.
At the moment, Constellation is a project with intention and future projection. With ideas, with projection and with powerful partners (as we have seen before) but also solutions that detail on their website. They claim to be “an industry for the future, a company for the industry of the future” with all kinds of applications or shops based on this DAG technology Price and technical sheet
The price of DAG, like the rest of cryptocurrencies, varies not only every day but every hour. We can consult it from specialized websites such as Coinmarketcap where we can see a graph with the evolution of the price in the last hours, the last week, the last month, the last three months … We will be able to get an idea of the evolution that follows in recent times. In addition, we can see the price of Constellation at the time you want.
At the time of writing the price of Constellation is $ 0.1881 and the price change in the last 48 hours has been 3.80%. In addition, also on the aforementioned website we can consult other daily data as a minimum and maximum per day (0.1875 dollars and 0.1966 dollars at the time of consultation) but also the volume of trade, the market capitalization, the level …
DAG’s maximum shares are 3,693,588,685 and the total shares are 3,711,998,690 in total. At the time of writing, the outstanding shares are around 34%.
DAG is, at the moment, ranked 194th among cryptocurrencies registered on CoinMarketCap and has a market dominance of 0.01% at present. How to buy
We can buy DAG in the main cryptocurrency stores or major exchanges on the Internet.
- KuCoin
In KuCoin we can buy DAG. It is an Exchange that has been operating since 2017 and is based in Seychelles. We should simply use the KuCoin search engine to search for “DAG” and see all the details of this cryptocurrency. Of course, we must register and have an account to start trading.
- HitBTC
HitBTC is another of the exchanges that allow us to buy DAG. It boasts of being a secure platform with two-step authentication, with encryption technology… but also agile and fast to operate. HitBTC has support 24 hours a day and in different languages in case you have any questions or queries about how to use the platform. In addition, on its help or support page we find all kinds of articles that will help us when trading with any cryptocurrency. One of the advantages is that these articles of the beginner’s guide can be read in full in Spanish.
- Coinbase
Coinbase is one of the main websites or platforms to buy cryptocurrencies and we find some of the most popular ones such as Bitcoin, Ethereum and many more. It does not allow you to buy DAG or operate but it is a good guide to take into account to follow the situation or if you want to add cryptocurrency to your reference list to be up to date with all the related news, for example. It is available in more than a hundred countries and is a platform with almost 70 million verified users so it is totally safe if you want to buy, sell, earn, save, use.
