BitMart Token BMX to Constellation DAG Exchange

Crypto Pair Details: BMX to DAG

BitMart Token BMX

BMX is an ERC20 based token issued by BitMart Exchange with total volume of 1,000,000,000. First issued as BMC in December 2017, BitMart changed the name of the token in January 2018 as BMX. You may find that the symbol name displayed in the smart contract and block explorer as BMC, but the actual symbol name we use is BMX. The reason is: our toke was named BMC, but then we find that 'BMC' has been used by another project, so we have to change the symbol name of our token to 'BMX'.

Constellation DAG

What is DAG? In more traditional blockchains, the host provides the food/drinks (i.e resources) for this party. And when the guests arrive, the amount of resources can only accommodate so many people, the portions are small and then everything eventually runs out and the party ends. Think Constellation DAG like a potluck (a party where everyone brings food/drinks). With every added guest (node to the network), the more resources the party has to keep going. This is the nature of Constellation, a distributed system that scales horizontally. Is Constellation a Blockchain? Not exactly. Although inspired by the principles of decentralization, many standard blockchains such as Bitcoin and Ethereum face scalability issues. This is why the next, generation of decentralized networks such as Hashgraph, IOTA, and Constellation have turned to DAG. What is a Microservice? “Microservices” is an approach to application development in which a large application is built as a suite of modular services. Each module supports a specific business goal and uses a simple, well-defined interface to communicate with other sets of services. Uber, for example, is not a singular app purse. It is a unified app which means it is a single interface that brings together their driver app, their rider app, and their corporate team app.

SOURCE: COINGECKO

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