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Constellation

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COTI’s $25M Ecosystem Growth Fund Goes Live, to Accelerate Privacy on Ethereum

The COTI Foundation has announced the launch of its $25 million ecosystem growth fund in a bid to accelerate privacy on the Ethereum network.

 Hassan Maishera

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Review

Learn more about Constellation.

When investing in virtual currency, you need to do your research. We provide you with reviews of each world top cryptocurrency out there, so that you can find the best crypto coins to invest in for you. This is a review of Constellation.

Today’s blockchain technology such as Bitcoin, Ethereum and other like-worthy digital assets have systemic synchronous limitations that render them unsuitable for mass adoption of distributed consumer applications. Consensus mechanisms and smart contract architecture can’t scale up to a level that is required for consumer applications to function properly. Constellation proposes a horizontally scalable, distributed operating system with ability to implement full nodes as a mobile client.

So what does this essentially mean, you may ask? To be direct, many networks are not powerful enough to have more users in the medium to far future. Constellation aim to solve these scalability issues whilst having faster transactions than many companies are having right now. This topped with next-to-nothing transaction fees, makes a fairly interesting business case.

Constellation is an unbounded blockchain with microservice ACIs. The Hylochain-based architecture will ensure high transaction throughput, allowing for consumer applications to be built on the network. Constellation uses its innovative Proof-of-Meme machine learning algorithm to achieve consensus.

Only when innovative and disruptive technologies like Constellation gain traction, real-life use-cases can be determined. Time can only tell if this important solution is practically viable. One thing we can be sure however, is that the vision and ambition of this company is truly intriguing. They have analysed the market needs and seen how existing blockchains like Ethereum can be crippled by consumer grade products. We believe that this case is very disruptive in the long-term, but we need to see some practical implementations before we deem it as a secure investment.

 

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Finally, if you have concluded that this is the coin for you, congratulations! Buy Constellation here.

Good luck!

Constellation Review
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