Thread by @Dagnum_PI

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Revolutionary news for crypto: @Conste11ation doesn't need 3rd party oracles! 🤯

Join the cutting edge of decentralized technology!" #crypto #blockchain #microservices #BigData
$XRP $BTC $ETH $SOL $HBAR $DAG

In the Constellation nodes are able to reach consensus on the state of the network without the need for third party oracles.

Oracles are external sources that provide data or information to a smart contract, and they are often used in traditional blockchain networks to enable the execution of smart contracts based on real-world events.

Constellation utilizes a directed acyclic graph (DAG) data structure, which allows for asynchronous consensus and real-time data processing.

In the Constellation network, nodes are able to reach consensus on the state of the network by validating and adding new transactions to the DAG. This process is called "gossiping," and it allows for the efficient and secure dissemination of data throughout the network.

One key aspect of Constellation's consensus mechanism is that it does not rely on traditional proof-of-work (PoW) or proof-of-stake (PoS) algorithms. Instead, it uses a reputation-based system to incentivize nodes to behave honestly and contribute to the network.

This reputation system is determined by a machine learning algorithm that takes into account the node's behavior and its history within the network.

Because Constellation's consensus mechanism does not rely on oracles or external data sources, it is able to provide a secure and decentralized solution for real-time data processing and decision-making.

This makes it particularly well-suited for use in the Internet of Things (IoT) industry, where the ability to process and act on real-time data is crucial.