Btw can someone summarise the differences between constellation and iota?

Question

Constellation Network

Les F. Goh Tho

Btw can someone summarise the differences between constellation and iota?

i looked through both whitepapers and the underlying tech looks similar

#blockchain #constellation #cryptocurrency #english

0

02.12.2021

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The Fit Galilean Atkins

SethV
Fundamentally, the magic that enables Constellatio...

We are not worthy!! Brilliant and enlightening as always.

0

03.12.2021

SethV · Accepted Answer

Fundamentally, the magic that enables Constellation to be a scale-free network is due to the way the network dynamically organizes itself into a hierarchy of multi-level partitioning. It doesn’t run into the scale and security limitations of a single tiered network architecture that other DAG based networks are constrained by such as IOTA, HBAR, FTM, etc. This is only possible because constellation has solved data interoperability and composability requirements to actually enable true horizontal scalability with feeless peer to peer transactions. This allows for the economics of the network to horizontally scale in alignment with the growth of the network itself ("generative economics"). It does this by implementing state channels as part of the topology of the network. Other DAG based networks like IOTA and HBAR defer to their plans to implement linear shards to try and scale but that approach has many technical issues inherent to it. There are other aspects to IOTA 2.0 specifically such as their UTXO transaction model and the problem of "dust" accumulation which basically means that unspent transactions bloat the ledger..they have proposed a mechanism to mitigate this but it will eventually run into scalability issues as well as create economic barriers to entry to participate in the network. Lastly their is the notion of reputation based consensus uses a mechanism called "consensus mana" that participants accrue over time..these are essentially reputation credits that you can delegate to a node to participate in validation. It appears there is a relationship between how much IOTA you hold and how much consensus mana you have which seems counterintuitive to me..like an indirect proof of stake mechanism. Constellation instead approaches reputation based consensus in a more elegant and scalable way by implementing multiple layers of consensus algorithms that occur on the nodes themselves to establish transitive trust relationships as well as a reputation score based on behavior and other technical parameters of the nodes. Also..constellation can handle any complex data structure and validate those streams as they enter the network in real time, solving the oracle problem as well.

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Btw can someone summarise the differences between constellation and iota?

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