CONSTELLATION NETWORK has been developed with a goal of creating a way for anyone to participate in the global economy anywhere around the world.
As we all know, the blockchain protocol has always been decentralized and available to the public. However, the decentralization and transparency of the blockchain has come with the cost of scalability. Bitcoin, for example, operates at a rate of only 7 transactions per second. This speed would not suffice to cater everyone’s needs globally when it comes with spontaneous transactions. Let’s put this side by side with VISA which operates at a rate of 50,000 transactions per second. This scalability trilemma is the only thing which holds blockchain-based technology to be fully adopted with daily transactions.