Constellation Network’s Hypergraph Hour: Episode 5 – A Deep Dive
In the fifth episode of Constellation Network’s Hypergraph Hour, the team delves into the future of the project, its roadmap, and the concept of state channels. The discussion is led by Benjamin Diggles, the co-founder and chief revenue officer, and Elise, the community manager.
The Macro Economic Perspective
The episode begins with a discussion on the macroeconomic perspective of Constellation. The team believes that the project is poised for success due to the increasing use of IT and the influx of institutional investors in the crypto space. They also mention the emergence of yield-bearing products in the crypto space, which they believe indicates a healthy, evolving ecosystem that is not solely based on speculation.
The Constellation Ecosystem
The team then delves into the Constellation ecosystem, drawing parallels with the Japanese concept of a Keiretsu – a set of companies with interlocking business relationships and shareholdings. They see Constellation as a decentralized Keiretsu, where the DAG token acts as an economic layer for building the next layer of applications.
The roadmap for Constellation is divided into four quarters:
- Q1: Release of a new tokenomics model, a state channel demo, and a proposal for a new governance structure.
- Q2: Launch of the DAG terminal, which allows individuals to build state channels and create their own L_0 standard financial token. The launch of Lattice, a decentralized financial interface for the Constellation ecosystem, is also planned.
- Q3: Token generation and listing, with Lattice acting as the platform for liquidity. The Constellation incubator will also be launched.
- Q4: The creation of the Constellation data exchange, inviting the emergence of the “datapreneur”.
State channels are a key concept in the Constellation ecosystem. They are similar to smart contracts but with more robust security permissions and control over data. State channels allow for the creation of an L_0 financial state channel, which will have instant liquidity with Lattice.
The team is excited about the future of Constellation. They believe that the project is poised to capture sentiment in both the existing securities market and the crypto industry. They are also excited about the potential of the Constellation data exchange and the emergence of the “datapreneur”.
The episode concludes with a Q&A session, where the team addresses questions about the project’s progress and future plans. They assure the community that they will share any news or updates as soon as they are legally able to do so.
Overall, the fifth episode of Constellation Network’s Hypergraph Hour provides a comprehensive overview of the project’s roadmap and future plans. It also offers valuable insights into the team’s vision for Constellation and its potential impact on the crypto industry.