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๐ง๐ต๐ถ๐ ๐ฃ๐ฟ๐ผ๐ท๐ฒ๐ฐ๐ ๐ช๐ถ๐น๐น ๐๐ฒ ๐ง๐ต๐ฒ ๐ ๐ถ๐ฐ๐ฟ๐ผ๐๐ผ๐ณ๐ ๐ผ๐ณ ๐๐ต๐ฒ ๐๐น๐ผ๐ฐ๐ธ๐ฐ๐ต๐ฎ๐ถ๐ป ๐๐ฟ๐ฎ
I am going to review another project today which could give us thousands of percent gains from solving a big blockchain weakness we currently have.
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https://abs.twimg.com/emoji/v2/... draggable="false" alt="โฌ๏ธ" title="Pfeil nach unten" aria-label="Emoji: Pfeil nach unten"> $HTR
I am going to review another project today which could give us thousands of percent gains from solving a big blockchain weakness we currently have.
Thread
This new blockchain isnโt just a digital form of paymentโฆ Yes, it came with its own currency. But it is so much more than that.
It is an intelligent independent computing platform that could operate without human involvement. On this platform, entrepreneurs and computer programmers could build the apps of the future (called "nano contracts"). It is, a game-changer with massive profit potential I believe.
This rare project is still largely unknown to those who are new or donโt keep up with the blockchain and cryptocurrency space. So the amount of information available about it is limited since the project was in development for 6 years and recently listed on the exchange.
Previously the only way to buy is through the OTC market, as per my conversation with the team tier-one exchange listing coming soon in Q4.
๐๐ง๐ญ๐ซ๐จ๐๐ฎ๐๐ข๐ง๐ ๐๐๐ญ๐ก๐จ๐ซ ๐๐๐ญ๐ฐ๐จ๐ซ๐ค: ๐๐ก๐ ๐๐ข๐๐ซ๐จ๐ฌ๐จ๐๐ญ ๐จ๐ ๐๐ฅ๐จ๐๐ค๐๐ก๐๐ข๐ง ๐๐ซ๐
Hathor Network is established after 6 years of academic research, created from scratch it combines both Proof of Work (POW) + Directed Acyclic Graph (DAG)
Hathor Network is established after 6 years of academic research, created from scratch it combines both Proof of Work (POW) + Directed Acyclic Graph (DAG)
Proof of Work (POW) + Directed Acyclic Graph (DAG), ensures security like bitcoin blockchain on the network combined with a DAG structure to accomplish fast transaction and a scalable network.
๐๐ฎ๐ซ๐ซ๐๐ง๐ญ ๐๐ซ๐จ๐๐ฅ๐๐ฆ ๐๐ ๐๐๐ฏ๐
Bitcoin has been growing all around the world but becoming a victim of their own success, there are still many challenges to be overcome like scaling, spamming, and centralization.
Bitcoin has been growing all around the world but becoming a victim of their own success, there are still many challenges to be overcome like scaling, spamming, and centralization.
In order to support the adoption rate of cryptocurrencies for everyday transactions, the network must scale to support hundreds of transactions per second, while its capacity is around only eight transactions per second.
Thus, the more Bitcoin becomes popular, the more saturated the network will. May affect the network, the transaction fees have to be increased to compete for faster confirmation.
The scaling problem is not precisely an issue of Bitcoin, but an issue of the ๐ฃ๐ผ๐ช ๐ฐ๐ผ๐ป๐๐ฒ๐ป๐๐๐ ๐ฎ๐น๐ด๐ผ๐ฟ๐ถ๐๐ต๐บ in a Blockchain network. Hence, all other Blockchain-based cryptocurrencies have the same limitations, such as Litecoin, Bitcoin Cash, and Ethereum.
Some cryptocurrencies varies a lot from Bitcoin like IOTA uses a ๐๐ถ๐ฟ๐ฒ๐ฐ๐๐ฒ๐ฑ ๐๐ฐ๐๐ฐ๐น๐ถ๐ฐ ๐๐ฟ๐ฎ๐ฝ๐ต (๐๐๐) model called tangle, which the most notorious implementation is Iota. The scaling problem of tangle is exactly the opposite of Bitcoinโs.
๐๐๐ ๐ ๐ผ๐ฑ๐ฒ๐น neither required mining nor confirmation blocks and transaction fees. Each transaction has its own proof-of-work and is used to confirm other transactions, forming a directed acyclic graph of transactions.
Thus cryptocurrency must have at least a given number of transactions per seconds; otherwise, the transactions will not be confirmed and the network will collapse.
๐ช๐ต๐ถ๐น๐ฒ ๐๐ผ๐๐ฎโ๐ ๐ป๐ฒ๐๐๐ผ๐ฟ๐ธ ๐ต๐ฎ๐ ๐ป๐ผ๐ ๐ฟ๐ฒ๐ฎ๐ฐ๐ต๐ฒ๐ฑ ๐๐ต๐ถ๐ ๐บ๐ถ๐ป๐ถ๐บ๐๐บ ๐ป๐๐บ๐ฏ๐ฒ๐ฟ ๐ผ๐ณ ๐๐ฟ๐ฎ๐ป๐๐ฎ๐ฐ๐๐ถ๐ผ๐ป๐ ๐ฝ๐ฒ๐ฟ ๐๐ฒ๐ฐ๐ผ๐ป๐ฑ, it uses a central coordinator which works as a trustworthy node that stamps which transactions are valid and which are not.
The presence of a ๐ฐ๐ผ๐ผ๐ฟ๐ฑ๐ถ๐ป๐ฎ๐๐ผ๐ฟ just explains that the IOTA tangle does not seem to work properly under a low volume of transactions and fluctuations in the number of transactions per second may severely affect Iotaโs trustworthiness.
This where ๐๐ฎ๐๐ต๐ผ๐ฟ ๐ก๐ฒ๐๐๐ผ๐ฟ๐ธ comes harnessing the power of ๐๐ถ๐๐ฐ๐ผ๐ถ๐ป, ๐๐๐ต๐ฒ๐ฟ๐ฒ๐๐บ, ๐ฎ๐ป๐ฑ ๐๐ข๐ง๐, using ๐ฃ๐ฟ๐ผ๐ผ๐ณ ๐ผ๐ณ ๐ช๐ผ๐ฟ๐ธ (๐ฃ๐ข๐ช) + ๐๐ถ๐ฟ๐ฒ๐ฐ๐๐ฒ๐ฑ ๐๐ฐ๐๐ฐ๐น๐ถ๐ฐ ๐๐ฟ๐ฎ๐ฝ๐ต (๐๐๐).
When the number of new transactions is low, the confirmations are mostly made by the blocks, just like in Bitcoin.
As the number of new transactions increases, transactions also contribute to other transaction confirmation, making them confirm faster unlock the possibility of conducting ๐บ๐ถ๐ฐ๐ฟ๐ผ-๐๐ฟ๐ฎ๐ป๐๐ฎ๐ฐ๐๐ถ๐ผ๐ป๐, and ๐ต๐ถ๐ด๐ต ๐๐ฐ๐ฎ๐น๐ฎ๐ฏ๐ถ๐น๐ถ๐๐ for ๐๐ฎ๐๐ต๐ผ๐ฟ ๐ก๐ฒ๐๐๐ผ๐ฟ๐ธ.
One of the biggest barriers to crypto adoption in my opinion has been the complexity level that most blockchains exhibit. Hathor makes ๐๐ผ๐ธ๐ฒ๐ป๐ถ๐๐ฎ๐๐ถ๐ผ๐ป ๐๐๐ฒ๐ฟ-๐ณ๐ฟ๐ถ๐ฒ๐ป๐ฑ๐น๐ better anyone with no technical knowledge can create a token in a few clicks.
I am waiting for the implementation of ๐ป๐ฎ๐ป๐ผ ๐ฐ๐ผ๐ป๐๐ฟ๐ฎ๐ฐ๐ (a simplified version of smartcontract) with builtin๐ผ๐ฟ๐ฎ๐ฐ๐น๐ฒ๐ ๐ผ๐ป ๐๐ฎ๐๐ต๐ผ๐ฟ ๐ก๐ฒ๐๐๐ผ๐ฟ๐ธ ๐ถ๐ ๐๐ถ๐น๐น ๐ฏ๐ฒ ๐น๐ถ๐ธ๐ฒ ๐๐๐ต๐ฒ๐ฟ๐ฒ๐๐บ ๐ฎ๐ป๐ฑ ๐ฃ๐ผ๐น๐ธ๐ฎ๐ฑ๐ผ๐ ๐น๐ถ๐๐ฒ๐ฟ๐ฎ๐น๐น๐ ๐ผ๐ป ๐๐๐ฒ๐ฟ๐ผ๐ถ๐ฑ๐ https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐ฅ" title="Feuer" aria-label="Emoji: Feuer">
The platform was built to allow any use cases to use its protocol, so anyone could use Hathor to build anything, not only tokens.
The team currently decided to focus on tokens, as an example of the possibilities of the technology and because of the market need for a tokenization platform simple to use and scalable.
In December 2018 Brazilian one of the largest development banks in the world revealed that it will launch a pilot for the BNDES token, which is backed 1-for-1 by the national currency and runs on the Ethereum blockchain
The interesting thing is in 2019 The National Bank for Economic and Social Development (BNDES) of Brazil invited Hathor Team to discuss the application of Hathor Network for bond issuance, a custom token, and nano contract.
๐๐ฎ๐๐ต๐ผ๐ฟ ๐ก๐ฒ๐๐๐ผ๐ฟ๐ธ ๐ต๐ฒ๐น๐ฝ๐ถ๐ป๐ด ๐บ๐ผ๐ฟ๐ฒ ๐๐ต๐ฎ๐ป ๐ญ๐ฌ ๐ฐ๐ผ๐บ๐ฝ๐ฎ๐ป๐ถ๐ฒ๐ ๐๐ถ๐๐ต ๐๐ต๐ฒ๐ถ๐ฟ ๐๐๐ฒ ๐ฐ๐ฎ๐๐ฒ๐. The team has signed several NDAs about the use cases. There are companies from retail, brewery, knowledge tracking, corporate training, etc.
As entrepreneurs can bring things like Defi, Credit Scoring to Hathor Network after Nano Contract Implement, we could see the launch of mortgages, car loans, student loans, and more โ all directly on the Hathor Network could reset the financial system completely.
๐๐๐ซ๐ ๐๐ซ๐ ๐ฃ๐ฎ๐ฌ๐ญ ๐ ๐๐๐ฐ ๐๐ฑ๐๐ฆ๐ฉ๐ฅ๐๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐ญ๐ก๐ข๐ง๐ ๐ฌ ๐ฉ๐๐จ๐ฉ๐ฅ๐ ๐ฎ๐ฌ๐ ๐๐๐ญ๐ก๐จ๐ซ ๐๐๐ญ๐ฐ๐จ๐ซ๐ค ๐๐จ๐ซ ๐๐ฏ๐๐ซ๐ฒ ๐๐๐ฒโฆ
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐" title="Rรผckhand Zeigefinger nach rechts" aria-label="Emoji: Rรผckhand Zeigefinger nach rechts"> Peer-to-peer crypto trading.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐" title="Rรผckhand Zeigefinger nach rechts" aria-label="Emoji: Rรผckhand Zeigefinger nach rechts"> Selling digital artwork that canโt be duplicated.
๐๐๐๐ ๐๐จ๐ซ๐ ๐๐ฌ๐ ๐๐๐ฌ๐๐ฌ ๐๐ง ๐๐ฒ ๐๐๐๐ข๐ฎ๐ฆ ๐๐จ๐ฌ๐ญ https://link.medium.com/Bj53WKKStab ">https://link.medium.com/Bj53WKKSt...
๐๐๐๐ค๐ ๐ซ๐จ๐ฎ๐ง๐ ๐จ๐ง ๐๐๐ญ๐ก๐จ๐ซ ๐๐๐ญ๐ฐ๐จ๐ซ๐ค $๐๐๐ ๐๐จ๐ค๐๐ง
A total of 1,051,479,680 $HTR out of 84,048,933 $HTR in circulation that would put the marketcap of $HTR around $21 million at $0.25/HTR.
A total of 1,051,479,680 $HTR out of 84,048,933 $HTR in circulation that would put the marketcap of $HTR around $21 million at $0.25/HTR.
These numbers will be fully updated via a team in the upcoming tokenomics paper, will be released within the next 2 weeks.
Hathor Network kicked off without any ICO and IEO. Only $500k was raised privately for the development of Hathor Network, as per a recent announcement from the team detailed tokenomics paper will be released within the next 2 weeks.
I am expecting a reduction in token supply and staking announcement for $HTR once the tokenomics paper out.
The $HTR token information is available from @CoinMarketCap and @coingecko , and tokens are available for purchase on qTrade or through OTC Market.
The Hathor team is constantly exploring ways to make a more sustainable ecosystem for users, according to team Tier 1 listing is due in Q4 2020.
๐๐๐ญ๐ก๐จ๐ซ ๐๐๐ญ๐ฐ๐จ๐ซ๐ค ๐๐๐๐ฆ & ๐๐๐ฏ๐ข๐ฌ๐จ๐ซ๐ฌ
Hathor Team is a small group of innovative people solving some of the biggest problems of the industry.
Hathor Team is a small group of innovative people solving some of the biggest problems of the industry.
๐๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐๐๐ญ๐ก๐จ๐ซ ๐๐๐ญ๐ฐ๐จ๐ซ๐ค
Website: https://hathor.network"> https://hathor.network
Twitter Account: https://twitter.com/HathorNetwork
Telegram:">https://twitter.com/HathorNet... https://t.me/HathorOfficial ">https://t.me/HathorOff...
Website: https://hathor.network"> https://hathor.network
Twitter Account: https://twitter.com/HathorNetwork
Telegram:">https://twitter.com/HathorNet... https://t.me/HathorOfficial ">https://t.me/HathorOff...
๐๐๐๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ญ๐ก๐จ๐ซ ๐๐๐ญ๐ฐ๐จ๐ซ๐ค ๐๐๐ฏ๐ข๐๐ฐ ๐๐ง ๐๐๐๐ข๐ฎ๐ฆ https://link.medium.com/Bj53WKKStab ">https://link.medium.com/Bj53WKKSt...
