KuCoin announces Constellation DAG’s Trading Competition. The top 500 traders with the highest trading volume of DAG (buys + sells) on KuCoin will share 1,900,000 DAG + 3 BTC as prizes.
The competition starts at 2018-07-03 18:00:00 until 2018-07-10 23:59:59 (UTC+8).
Constellation DAG Latest Update
Ian Smith, Constellation Labs VP of Growth has announced their testnet to happen in a month time. With the term ‘testnet’ being used to determine a plethora of things in the blockchain space, they have set clear expectations of what to anticipate in their upcoming first publicity of the Constellation testnet in early August, 2018.
The initial release of the Constellation testnet can be compared to a milestone versioned, pre-alpha, open source software release that operates on a mutable release cycle. It indicates that it includes incremental emphases of testable code that can be utilized by technically-advanced users only. In the position of Constellation, this accompanies the core development roadmap, which is renewed on a monthly basis, to consider for – delays and technical iterations.
It implies that the v0.001 (Apollo mission name) of the Constellation testnet will enable skilled developers to evaluate the core codebase, yield issues, submit pull requests, and commence assessing the codebase for future milestone releases.
Constellation Testnet Objectives
– To implement a technical framework for developers and skilled technical users to associate with Constellation’s highlights before they hit production.
– To illustrate progress on the project to the community.
– Deploy, test, and emphasize upon the commercialization of theoretical ideas and new inventions that are central to Constellation.
– To provide a developing technical repository of core and community-contributed documentation that evolves in line with milestone release participants.
The first series of iterations will not present a sufficient environment in which dApp developers can start testing their applications. It will take significant time and progress to attain a point where Constellation code can be combined into dApps or Applications. Once the testnet is available for Application development, they will inform the community and make the relevant updates to their existing roadmap.
From a user viewpoint, the testnet won’t yet give direct, tangible value since it is pre-production. It will display a fully-functioning blockchain system, created from scratch, operating on community-hosted nodes. Visualization devices and other updates to the node UI are on the roadmap and in development. In the following months, they will also be open sourcing set of tools for deployment and interpretation.
They’ll be testing network functionality and our P2P protocol in public for the first time. Developers will be capable of operating local nodes, send and verify transactions, as well as generate the equivalent of blocks (bundles) on their local machine to gain reputation.
Engineers will be capable to remotely join to Constellation’s testnet group by an authentication process or submission of a PR that passes their continuous integration test. Nodes will require to be permission to connect to the testnet by staking DAG on the developer tier of the Orion portal and implementing for the “Node Bounty.”
The testnet is maintaining to be operated continuously, up until the release of the main-net, after that, the testnet will be utilized for verifying new development. It has seen that 6-months is not enough time to build, test, and develop for deployment as has been the case with other outstanding infrastructure-focused cryptocurrency projects, which have been riddled with bugs weeks before a main-net launch. At Constellation, they are centered on quality , not speed and will not deliver a half-baked output. If it becomes extended than anticipated to provide quality, then they will update the community in enough time.