[ANN] [DAG + Smart Contracts] Constellation Labs

[constellationlabs]

Our AirDrop registration is now closed.            

https://constellationlabs.io/blog/index.php/constellation-airdrop-registration-closed/

Dear Constellation Community,

We’ve hit over 62,000 registrations and the Constellation 2018 AirDrop is now officially closed to new applicants.  The response has been phenomenal and we’re thankful for everyone who signed up and spread the word.  The monthly AirDrop was set up to reward early community members and evangelists by providing a membership to our network, portal, and future testnet.  As our profile grows we want to make sure our allocation of community tokens rewards the pioneers and early adopters.  Involving the wider community is important to us given the current regulatory and legal restrictions around public sales.

As a reminder, below is the Airdrop schedule. We have allocated a total of 33M tokens split evenly across the 6 months with 3M tokens going to Earn.com participants on July 7th. Depending on the number of tokens staked you will enter one of two tiers, community or developer in our now live Orion Portal. Each tier will provide a 6-month membership to the community portal and tokens will be staked (locked) for the same period.

View the Airdrop Schedule and post here:
https://constellationlabs.io/blog/index.php/constellation-airdrop/

Please note that all existing participants will be required to undergo KYC/AML through our token portal once live and the AirDrop is not open to US participants at this time. We’re currently looking into ways to reward our US community through 3rd party partnerships such as our current Earn.com campaign. Again, thank you all so much for your incredible support and we are extremely excited to continue this journey with you all.

Any questions dive into our Airdrop channel here:
https://t.me/constellationcommunityairdrop

Sincerely,

The Constellation Team

[johnnymesibas13]

DAG Smart Contracts is a good platform. This project is interesting. I'll be following the develoment of this.
 

[johnnymesibas13]

DAG Smart Contracts is a good platform. This project is interesting. I'll be following the develoment of this.
 

[constellationlabs]

New team members and a new community channel. Read more in our weekly round up:
https://constellationlabs.io/blog/index.php/constellation-update-new-hires-channels-and-content-round-up/

Hello Constellation Community,

Last week was quite the ride with token distribution and a testnet demo. Here’s a roundup of all the updates and as well as new team members and community announcements.  Read on for more.


New Channels

Coinciding with token distribution the community launched Constellation Trader.  The channel will focus on all things related to trading $DAG, market news, and exchange updates.  Altif and the team will be active in answering your questions on the channel. It has only been a week and we’re about to hit 1K members!


We do not wish to influence organic speculation in one way or another so we do not discuss trading within our official channels. We actively encourage community members to join or create trading groups if they wish to discuss those topics- similar to what our community member has done with his trading group here: https://t.me/constellationtrader

New Team Members

Our team continues to grow with incredible talent joining the business development, engineerin, and product teams.


Ian Smith – VP of Growth

Ian has 12 years of international experience encompassing marketing, sales, and business development. A key leader at various successful hardware and software startups, purposeful growth has defined his career. Ian built the world’s largest drone data app market and will be focusing on growing our developer and Orion community and eventual Constellation application market. He’s also a commercial helicopter pilot, and hosts a podcast, Commercial Drones FM.



Tyler Prete – Distributed System Engineer

Tyler has 10 years of engineering experience at Backcountry.com, Google, and most recently as a technical director at Radius Intelligence. His experience spans this spectrum, but his favorite paradigms to work in are functional programming and distributed systems.



James Markotic – Web Developer

A motivated Full Stack Web Developer with a passion for creating web applications and websites. Adept at working with diverse teams to implement projects. Enjoys the challenge of learning and implementing new technologies.  James will be focused on building seamless web experiences for our users.


Testnet Demo

We released the first demo of our testnet.  Read more and Watch the video with Wyatt, Brendan and Ryle.:

https://youtu.be/vvbSR-haGTo


Token Distribution

We released several updates this week announcing and clarifying our token distribution launch.  Here is a roundup of those updates and links to distribution press coverage.

Distribution Announcement – $DAG Token Distribution & Product Focus Strategy
https://constellationlabs.io/blog/index.php/constellation-dag-token-distribution/

$DAG Distribution – Address Market Event
https://constellationlabs.io/blog/index.php/constellation-dag-token-distribution/

NBCRightNow
http://www.nbcrightnow.com/story/38485955/constellation-distributes-dag-token-launches-flagship-product-orion-to-mobilize-developer-community

Yahoo Biz Constellation Distributes DAG Token & Launches Flagship Product, Orion, to Mobilize Developer Community
https://finance.yahoo.com/news/constellation-distributes-dag-token-launches-140000408.html

MarketWatch
https://www.marketwatch.com/story/constellation-distributes-dag-token-launches-flagship-product-orion-to-mobilize-developer-community-2018-06-22

AirDrop Announcement – Registration Closed

We’ve hit over 62,000 registrations and the Constellation 2018 AirDrop is now officially closed to new applicants.  The response has been phenomenal and we’re thankful for everyone who signed up and spread the word.

Read More
ttps://constellationlabs.io/blog/index.php/constellation-airdrop-registration-closed/

That’s a roundup of last week.  Stay tuned for further updates.

Sincerely,

The Constellation Team

[iloveBTC1]

How does Constellations approach differ from other leading blockchains when it comes to development?

[constellationlabs]

Join Constellation CEO, Brendan, for an AMA on Tuesday July 3rd at 1pm PST.

https://www.facebook.com/Conste11ation/videos/837252366471464/

[iloveBTC1]

When does token distribution for airdrop begin?

[constellationlabs]

Check out the overview of Constellation by Null TX:

https://nulltx.com/what-is-constellation-cryptocurrency/

[logictense]

DAG Smart Contracts is a good platform. This project is interesting. I'll be following the develoment of this.
 

Whats ur favorite platform amongst all platforms available for scrutiny and preference giving, doug? I hold to myself convictions and a range of principles that define a fine shape of my personality as being formed through relentless influence of societies ranked much higher than human society hereby making me possess the knowledge of the highest order that u people call superstitions or occult mysticism.

[enixon291077]

Constellation (DAG) Gets Listed on KuCoin!

https://news.kucoin.com/en/constellation-dag-gets-listed-on-kucoin/

[constellationlabs]

$DAG is now trading.            

https://constellationlabs.io/blog/index.php/constellation-weekly-kucoin-listing-distribution-audit-engineering-update/

Hello Constellation Community,

Big news this week.  DAG listed on Kucoin! Also, Wyatt, Ryle and the engineering team overview their progress and Brendan provides the latest token audit.  If you have any further questions make sure to join our facebook AMA later today, July 3rd at 1 pm here:
https://www.facebook.com/Conste11ation/videos/837252366471464/


DAG Lists on KuCoin


We’re excited to announce that DAG is now trading on KuCoin (https://www.kucoin.com/#/). It has been two weeks since our initial token distribution and we’d like to thank everyone for the support so far, particularly our community members and partners in South East Asia, Hong Kong, Singapore, Japan and South Korea.  We’re excited to be part of the KuCoin family and we could not have done it without your support. The momentum has been relentless with a number of listings on global exchanges over the past week. Our exchange presence will continue through July as we roll out our testnet and further features on Orion.

Headquartered in Hong Kong, KuCoin has a global presence which offers a safe, secure and easy-to-use mobile and desktop exchange service.  They’re leading the way in customer support, user interface and trading tools, and we’ll be growing our network and presence alongside them. If you’re not already a member jump in and start trading (https://www.kucoin.com/#/trade.pro/DAG-BTC). 

Token Distribution Audit

Yesterday Brendan provided a detailed breakdown of the token sale. It overviews the internal structure of each round of token sale in the Constellation SAFT and private sales that occured in both January 2018 and June 2018 respectively.

Review this document in conjunction with our formal token model which can be downloaded here: https://cdn2.hubspot.net/hubfs/4221910/Constellation-Token-Model-1.pdf

Read the full article here:
https://constellationlabs.io/blog/index.php/constellation-token-distribution-internal-audit-july-2018/

Ryle VP of Engineering ENG Update

We’ve begun performance testing the experimental alpha release on the kubernetes cluster. Focusing on tests with between 3 and 10 nodes right to verify basic functionality and optimize machine selection and our data storage layer and LevelDB access. We found and began patching several bugs related to chain buffer memory and node synchronization edge cases. Nodes are all synchronizing properly on the longest chain (the bundle with the highest cumulative score,) but there was a desynchronization issue in validation set updates during chain switches. We’re running tests on the order of a few hours and applying patches repeatedly to collect data and verify integrity with parity checks on the chain. Bundles are demonstrating a full DAG data structure, and the parent hashes correspond to our main chain which acts as a snapshot mechanism for the graph.

For now, we’re using a relatively simple DAG with signatures of node ids embedded, this determines reputations and validator rewards, and applies transaction updates on main chain additions for simplicity. Eventually, the inner bundle DAG will become much larger as we scale the cluster upwards, and we’ll begin adding more combiner types. We’ve upgraded the consensus module to be more abstract (allowing many consensus operations to happen in parallel on different sections of the graph.) We Began defining schemas for batch signature combiner operations, inner checkpoint operations for reducing transaction redundancy, preparations for address data locality functions, address metadata state embeddings and refactored some of our JSON exports for easier use.

We’ve also setup CORS for upcoming migration to new UI and fixed some dashboard cluster display bugs.  We started adding API authentication for locking down nodes and began optimizing UDP serialization layer and adding more security fixes. We moved more metadata storage into LevelDB and refactored schema to reflect updates and finally… Added more endpoints for serving bundle data / recent transaction information to UI.

Until next week.

Sincerely,

The Constellation team.

[constellationlabs]

CEO Brendan has provided a detailed breakdown of the token sale:

https://constellationlabs.io/blog/index.php/constellation-token-distribution-internal-audit-july-2018/

Hi Constellation Community,

In the interest of transparency we’re providing a break down of the internal structure of each round of token sale in the Constellation SAFT and private sales that occured in both January 2018 and June 2018 respectively.

Please review this document in conjunction with our formal token model which can be downloaded here:
https://cdn2.hubspot.net/hubfs/4221910/Constellation-Token-Model-1.pdf

These figures are currently being formally audited by our accountants in San Francisco and Cayman. These will be updated in around 8 weeks time if there are any changes and formally published during August as a PDF report.

These figures represent all tokens that were sold to the public in the previously mentioned tranches of tokens sales, they do not include earlier seed rounds where tokens are locked for 2 years with 6 month cliffs and remain locked.

As can be seen the discounts ranged from 15% up to 50% for a very small allocation of tokens that went to partner applications being built on Constellation. The bulk of tokens were sold with a 25% discount in the January SAFT sale.

Ethereum lock in rates:

January 2018: $900 USD

June 2018: $561.20 USD

The total raised was slightly above the hard cap of $33.7M and totaled $35,260,238.41 and was paid by a majority of Ethereum, although some payments were received in BTC and USD. The breakdown of which will be released with a the full accountancy audit.

Please click here to review the information in a public Google Sheet:
https://docs.google.com/spreadsheets/d/1WKcl6z3APqP-VT7uBIKB7NtWI2pUaJBbBBrnV5e7lZU/edit#gid=2036548479


This information will be superseded by a formal audit from our accountants that will take place over the next 8–12 weeks and made public once completed. Any discrepancies will be corrected in a follow-up PDF report.

We will follow this blog post up with a token release schedule graph which will show the release of tokens from locked wallets over the next 10 years including validator rewards.

Happy Monday!

Kind regards,

Brendan Playford

[constellationlabs]

CCN has covered our KuCoin listing and opening of developer portal, Orion:

https://www.ccn.com/high-throughput-blockchain-lists-on-kucoin-opens-up-bounty-program-to-developers-using-the-dag-testnet/

[constellationlabs]

We'd like to take a moment to answer questions prior to our first Airdrop:

https://constellationlabs.io/blog/index.php/airdropupdate/

Dear Constellation Community,

Prior to our 1st AirDrop we wanted to clarify some recurring questions from the community.

Please be aware –  A number of AirDrop scams and fake google doc forms have also been circulating.  Report any unofficial/scam DAG AirDrops in our telegram channel. 

When does the AirDrop Start?

Successful registrants for the first AirDrop will receive an email invite to start the KYC process on July 7th. The first round is limited to the first 2000 people who complete KYC.  If successful, you will receive confirmation prior to tokens being distributed on July 24th.

Why am I receiving my tokens in the 24th of July and not earlier?

We need to ensure that our lock-up contract is fully audited.  The intervening weeks before token distribution will make sure the process is safe and secure.  Future AirDrops will not have a shorter period of time between KYC and AirDrop distribution.

If I registered for the AirDrop am I guaranteed to receive tokens?

No, our AirDrop was heavily oversubscribed therefore not every registrant will be accepted. If you do not complete the KYC registration you will be unsuccessful and exempt from further AirDrops.

What happens if my KYC is pending?

The team will be manually checking your credentials.  You will still be in line for the AirDrop if KYC is manually approved.

How many AirDrops will I be eligible for?

Just one.  If selected you will be placed in 1 of 6 AirDrops this year.  Refer to the schedule here for timing.

How many tokens will I receive?

Depending on which tier you fall into you will receive:

Community membership: 250 $DAG
Developer membership: 1000 $DAG
I applied for the AirDrop via the Earn.com promotion. When and how will I receive my tokens?

Earn.com users will receive tokens through the same KYC process as regular entrants for the second AirDrop on August 14th

I was an early member of the Telegram channel. Will I receive DAG via the AirDrop?

Yes, as promised the first 3000 telegram members with automatically get placed in the September AirDrop.  We have captured your emails.

Will Tokens be locked up?

Yes, Tokens will be subjected to a 6 month lock up which will in-turn give you access/membership to the Orion portal across community or developer tiers. After 6 months the token will be distributed to your ETH wallet provided.

Any further questions jump into our TG channel.

Happy 4th of July,

Constellation Team

[constellationlabs]

Cointelegraph has covered the launch of our membership portal, Orion:
         
https://cointelegraph.com/news/horizontally-scalable-blockchain-system-launches-flagship-membership-portal

[johntradez]

Please click here to review the information in a public Google Sheet:
https://docs.google.com/spreadsheets/d/1WKcl6z3APqP-VT7uBIKB7NtWI2pUaJBbBBrnV5e7lZU/edit#gid=2036548479


This information will be superseded by a formal audit from our accountants that will take place over the next 8–12 weeks and made public once completed. Any discrepancies will be corrected in a follow-up PDF report.

We will follow this blog post up with a token release schedule graph which will show the release of tokens from locked wallets over the next 10 years including validator rewards.

What are the 9 different foundations and what is their purpose? Will that also be released after the formal audit?

[agindolf]

smart contracts on a dag is an amazing idea. i will wait for results

[constellationlabs]

 [Weekly Update 8/31](https://constellationlabs.io/blog/index.php/constellation-update-product-engineering-news-media-mentions-techcrunch/0

Dear Constellation Community,

Our teams have been hard at work this week, and we’re all very excited for our  sponsored panel and workshop at TechCrunch Disrupt SF 2018 next week. Read on for more about what's been going on...

Product Update

This week we found additional end user experience that required enhancements. This is in preparation for our community to earn points and convert those points into DAG.  This week’s enhancements include MetaMask, Orion Portal, and Social account experience.

- Added front end validation to the transaction approval process which lets transactions run more smoothly and reduces risks that a user inadvertently stakes more than DAG than intended.

- We added the ability to link Medium accounts to your Orion profile, which will let you participate in bounty rewards related to marketing.

- Updated transaction processing screens so that they auto-refresh to show transaction updates.

- Fixed bugs that arose after Metamask released updates.

- Small changes to copy and UI.
 
Engineering Update

- New updates are on dev branch (https://github.com/Constellation-Labs/constellation/tree/dev).  Merged V1 batch downloader fixes. Finalized new edge schema for all chain data.

- New flow uses a schema similar to GraphX but with batch signatures and hashes at raw edge level. Edges at a higher level are polymorphic with 3 type parameters, left vertex, right vertex, and optional edge data. Our basic primitive is that of an Observation Edge which tracks 2 ordered vertex hashes and an edge data hash. This is a requirement for signatures, the actual data is populated after resolving in a polymorphic Edge class which is encapsulated in each specific usage. Example being a transaction which is an Edge between 2 addresses with data corresponding to the amount. Observation edges are captured by Signed Observation.

- Edges which hold witness signature data of an arbitrary number of participants. Checkpoint edges capture sequences of hashes, and validation edges capture collections of checkpoints.

- Genesis flow has been updated to incorporate new schema. We’re adding a REST transport layer for more generic node peer communications and simplifying and unifying the network code.

- Worked on finalizing resolver mechanics which require a notifier DAG for issuing processing updates to new data which has dependencies on other potentially unresolved data.

- Fixed bug in address formatting. More refactoring around Futures handling to optimize code.

- Working on on unifying and simplifying the networking code.

Media Mentions
- COO Ben discusses Constellation's distributed ledger and consensus model with Markets Media (https://www.marketsmedia.com/constellation-labs-eyes-distributed-ledger-3-0/).

- VP of Engineering, Ryle, weighs in on whether or not blockchains can ever move beyond economic models with Finder.com.au, Australia’s premier crypto and financial outlet (https://www.finder.com.au/constellation-can-blockchains-ever-move-beyond-economic-models?utm_content=buffera73c0&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer).

- Head of Marketing, Zac, talks DAGs, Proof of Meme, and the future of the distributed ledger world with CoinCentral (https://coincentral.com/exploring-dags-and-blockchain-scalability-issues-with-constellation-labs/?utm_campaign=explore-dags&utm_medium=social&utm_source=twitter).
 
TC Disrupt Reminder
The countdown to TechCrunch Disrupt SF 2018 is on! If you’re attending, be sure to catch our sponsored panel and workshop on Friday, September 7th. Details are below:

Panel: Beyond the ICO: New approaches to fundraising and enterprise investment in blockchain.

Time: Friday September 7th, 1.30 -2.30

Workshop Room 1 (2nd Floor, Moscone West)

Moderator: TBA

Speakers: Ben Jorgensen (COO of Constellation), Jacob Mullins (Shasta Ventures), Erika Perez (Global Leader of IBM Blockchain Strategy & Ecosystem), and Jascha Kaykas-Wolff (CMO of Mozilla)

Constellation has been through an extraordinary period of fundraising and subsequent growth. Ben Jorgensen (COO) and team will share their experiences in this session exploring the complex and ever-changing fundraising models available, and what enterprise leaders look for in potential partners and projects.

Workshop: Running a Node on a Distributed Ledger: Live Demo

Time: Friday September 7th, 2.45 – 3.30

Workshop Room 1 (2nd Floor, Moscone West)

Speakers: Wyatt Meldman-Floch, Ryle Goehausen

Wyatt (CTO) and Ryle (VP of Engineering) will demystify the key components of distributed ledger technology, and provide a guide on how to set up a Constellation node. Participants will leave with the basic skills they need to contribute to an emerging 3rd-Gen protocol.

We look forward to seeing you there!
 
Sincerely,
 
The Constellation Team
 

[constellationlabs]

CoFounder and CCO, Altif, spoke with TheStreet about the need for financial institutions to remain open-minded on the future potential of cryptocurrency.            

Read more here:
https://www.thestreet.com/technology/citi-analyst-treat-crypto-and-blockchain-with-healthy-skepticism-14695612

[constellationlabs]

CTO Wyatt and CCO Altif sat down with Authority Magazine to chat about their background, Constellation, and how they became Co-Founders.


https://medium.com/authority-magazine/your-company-is-your-soul-with-altif-brown-wyatt-meldman-floch-ed9054941d48