San Francisco, USA/California, July 15th, 2024, Chainwire

The doors are now open for Web3 and Web2 developers to build on Constellation Network’s long-awaited Hypergraph distributed ledger technology – in development for the past several years under various contracts with the US Department of Defense.

Constellation’s Global Metagraph Hackathon is a fully virtual event, free to enter, running from July 15th until September 9th, 2024. A total of $100,000 USD equivalent in $DAG (Constellation Network’s cryptocurrency) will be distributed to winners across several categories encompassing metagraph development and on-chain tooling, with the biggest single prize of $25,000 going to the most successful Metagraph.

With its Hackathon, Constellation officially unveils its “metagraph” application layer technology that runs on top of its Hypergraph global consensus layer to a worldwide audience. A metagraph can be any type of Layer 1 decentralized application (dApp) network or legacy Web2 network with its own internal business logic. Other blockchains can even be metagraphs on top of Constellation’s Hypergraph.

“Constellation’s Hypergraph is the blockchain of blockchains,” says Ben Jorgensen, CEO of Constellation Network. “The best way forward with Web3 and blockchain technology for all of us is interoperability and collaboration across chains and communities. There are many of us separately building these networks that can support things like decentralized AI, tokenized assets, IoT edge computing, decentralized finance and many other Web3 creations that seem to be popping up everywhere.”

“But the Hypergraph?” Ben continues, “This technology can link them all together, make everything interoperable, give them an underlying infrastructure that can secure their networks and validate their data flows.”

Panasonic and IBM have partnered with Constellation, along with SIMBA Chain, the C14 cryptocurrency on-ramping service, the Stardust Collective, and the National DigiFoundry, led by members from the US National Science Foundation, the US Space Force, and US Department of the Treasury, to support the development of innovative new metagraph technologies that interoperate in ways we have yet to see in the space.

Constellation’s fast and feeless Hypergraph network is uniquely designed using DAG-based infrastructure and microservices to create an underlying digital transfer layer with a flexible structure and application network overlay (metagraph). This facilitates interoperability and composability across both Web3 and legacy Web2 networks, offering network security, data validation, scalability, and simplified onboarding that businesses and governments need for adoption.

“Interoperability” is a buzz word in the Web3 space, it can be explained as all the networks that need to talk to other networks – like a smart factory or city where multiple networks of IoT devices communicate and share data, each with its own unique metagraph network communicating across the underlying Hypergraph.

“I’ve been waiting for this year since we started the company. It has always been our vision to have developer friendly and openly available blockchain tools for the masses. This hackathon marks the beginning of many expressions metagraphs have to offer and there seems to be no limit to the vast list of use cases. I am thankful for the team who made this possible as well as the partners who stepped up and helped make this a reality.”

– Benjamin Diggles, Chief Strategy Officer

Constellation’s metagraphs can work with any data type, interface directly with external data sources, accept existing Scala or Java libraries, give complete control over validation and consensus logic within the network, and scale to the level applications need through multilayered microservice architecture.

“With technology vetted by the rigorous standards of the US Department of Defense and with the collaboration of industry giants like Panasonic and IBM, this hackathon is more than a competition; it’s an invitation for developers worldwide to pioneer the next generation of decentralized applications and revolutionize the digital landscape.”

-Altif Brown, Global Community Architect

Hackathon submissions will be judged Sept 16-23, 2024, and winners will be announced on or around Sept. 30th. Hackathon judges include:

Users can visit Constellation’s Metagraph Hackathon site to register and find full event details and supporting materials. 

Users can download the Stargazer Wallet to hold $DAG.

To find out more about Constellation Network: www.constellationnetwork.io

X/Twitter: https://x.com/Conste11ation and https://x.com/stardustco11ect

Developer Discord: https://discord.gg/9PhXJKeAWC

Telegram: https://t.me/constellationcommunity

Contact

Head of Marketing
Dagnum PI
Stardust Collective
[email protected]

The post Panasonic, IBM partner with Constellation Network to debut its DoD-vetted “Blockchain of Blockchains” in Global Hackathon appeared first on CoinJournal.

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