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Constellation Achieves Major Engineering Milestone That Sparks Next Era of Blockchain

November 19, 2018

SAN FRANCISCO--(BUSINESS WIRE)--Nov 19, 2018--Constellation is excited to announce that the first nodes on their testnet have stabilized, marking a major engineering milestone in the network’s ability to support consumer and business applications on distributed ledger technology. Utilizing a DAG (directed acyclic graph) framework, Constellation sent more than 120 million test transactions throughout three days, or 800 transactions per second, across remote servers.

“Within a test environment, we were able to process more transactions over a three-day period than bitcoin has done in the entirety of its history,” said Wyatt Meldman-Floch, CTO, Constellation. “This first test gives us the baseline for the lowest level ‘rank’ in our network. It only goes up from here. The next era of blockchain is here.”

These results showcase the technology’s ability to run lightweight nodes on a laptop or smartphone, with the nodes running at one quarter load (25 percent CPU) and using roughly 500 MB heap memory. The leading global payments technology processes approximately 150 million transactions each day; running the nodes at 100 percent would be comparable to that speed and efficiency. Despite not having fully optimized networking calls and data structures for memory or lightweight devices, Constellation saw consistent and predictable CPU loads across the network with no memory issues on a lower tier cloud virtual machine (VM).

“There’s still a lot of work to come, but this is a major stability improvement. We’re trying to ensure node operators can run cheap instances and still participate in the network at high load, and we’ve made major strides in demonstrating that,” said Ryle Goehausen, VP of Engineering, Constellation. “This is still only on a single partition and resource offering type, which means as we expand tests to higher partition counts and more diverse node types, we should see even more dramatic speed improvements.”

Constellation is looking for more node operators and Constellation pioneers who are interested in hosting the first nodes on the network (in a testnet environment), providing valuable feedback, and earning $DAG tokens for doing so. You can register to run a node here.

About Constellation

Constellation is a distributed network that enables fast, secure, and scalable transfer of data for connected sensors and devices. As computing moves increasingly to the edge, Constellation provides a scalable, secure and fully distributed solution for a world with more connectivity, more centralization, and more risk. The network aggregates the resources of internet connected devices, securing transactions and ensuring high throughput through a dynamically partitioned DAG (directed acyclic graph) architecture, underpinned by an incentivized community portal called ORION. For more information, visit www.constellationlabs.io.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181119005124/en/

CONTACT: SutherlandGold Group for Constellation

Nicole Newby

constellation@sutherlandgold.com

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT INTERNET NETWORKS SOFTWARE

SOURCE: Constellation

Copyright Business Wire 2018.

PUB: 11/19/2018 09:00 AM/DISC: 11/19/2018 09:01 AM

http://www.businesswire.com/news/home/20181119005124/en

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