Video:
Podcast:
Constellation Networks’ Hypergraph Hour Episode 1: A Deep Dive
In the first episode of Hypergraph Hour, Constellation Network’s co-founders Benjamin Diggles and Benjamin Jorgensen, along with their team, discuss the company’s progress, future plans, and the potential of their technology.
The Foundation and Vision
The episode begins with Diggles acknowledging the challenges they faced in aligning their messaging between Constellation Network and Lattice, their unexpected project. He emphasizes that DAG, the foundation of Lattice, is the focus of their efforts. The team aims to clarify the relationship between these two entities and highlight the importance of DAG as the underlying technology.
The Role of DevOps
Diggles identifies DevOps (Development Operations) as a significant roadblock in the implementation of their technology. The challenge lies in integrating their solution into existing IT infrastructures without requiring extensive changes or additional hires. Diggles praises the flexibility of their engineering team in creating a tool that can integrate seamlessly into existing workflows.
State Channels: The Game Changer
Diggles introduces the concept of state channels, which he describes as the “superheroes of smart contracts.” He explains that state channels allow for the cryptographic security of the contents within a ledger, applying different levels of security. This feature is particularly attractive for high-security applications, such as in the federal government, where data security is paramount.
The Future: Microservices and Micropayments
Looking ahead, Diggles sees a future where DAG is integrated into many different microservices. He believes that the future of crypto lies in micropayments, small jobs that will live as microservices within state channels. He also hints at a Tokenomics 2.0 paper that the team is working on, which will further explain the role of crypto in state channel micropayments.
Community Engagement and Future Announcements
Diggles encourages the community to come up with creative use cases for state channels and how they can be applied to enterprise and federal applications. He promises to provide the necessary frameworks and playbooks to help the community understand the technology better. He also teases upcoming announcements that will start rolling out at the beginning of December.
Conclusion
The first episode of Hypergraph Hour provides valuable insights into Constellation Network’s vision, the challenges they face, and their plans for the future. The emphasis on state channels and their potential applications in microservices and micropayments highlights the innovative approach the company is taking towards blockchain technology. The team’s commitment to community engagement and education further underscores their dedication to making their technology accessible and understandable.