Read on Twitter
๐๐๐ง๐๐ข๐ฅ ๐ง๐๐ฅ๐๐๐ - $HTR 
My sights are set on the next target,
@HathorNetwork. Let's gather intel on #Hathor Network in this 25 part thread to decide whether or not to pull the trigger. #HTR 1/25
My sights are set on the next target,
@HathorNetwork. Let's gather intel on #Hathor Network in this 25 part thread to decide whether or not to pull the trigger. #HTR 1/25
๐ช๐ต๐ฎ๐ ๐๐ ๐๐ง๐ฅ? - ๐ข๐๐ฒ๐ฟ๐๐ถ๐ฒ๐
#Hathor is a proof of work layer 1 network for dApp creation much like $ETH, $DOT or $ADA for example. Their goal isnโt to replace those networks, they donโt see themselves as direct competitors and a rising tide lifts all boats. $HTR 2/25
#Hathor is a proof of work layer 1 network for dApp creation much like $ETH, $DOT or $ADA for example. Their goal isnโt to replace those networks, they donโt see themselves as direct competitors and a rising tide lifts all boats. $HTR 2/25
๐ข๐๐ฒ๐ฟ๐๐ถ๐ฒ๐ ๐ฎ
#Hathor was created from scratch and the entirety of the code is open source. Their tech is most comparable to #Bitcoin
as they implemented its most successful concepts, using the same PoW system for example, and improving on other lacking areas. 
$HTR 3/25
#Hathor was created from scratch and the entirety of the code is open source. Their tech is most comparable to #Bitcoin
as they implemented its most successful concepts, using the same PoW system for example, and improving on other lacking areas. $HTR 3/25
๐ช๐ต๐ฎ๐ ๐ถ๐ ๐ฃ๐ผ๐ช?
Proof of work (PoW) is a consensus algorithm used to validate transactions and add new blocks to the chain. Miners compete against each other using computational power to solve mathematical equations called 'proofs of work'. $HTR 4/25
Proof of work (PoW) is a consensus algorithm used to validate transactions and add new blocks to the chain. Miners compete against each other using computational power to solve mathematical equations called 'proofs of work'. $HTR 4/25
๐ช๐ต๐ฎ๐ ๐ถ๐ ๐ฃ๐ผ๐ช? - ๐ฎ
The first miner to solve the puzzle confirms the most recent block of transactions and sends that new block to all other nodes for confirmation, producing a verifiable record for the entire network.
$HTR 5/25
The first miner to solve the puzzle confirms the most recent block of transactions and sends that new block to all other nodes for confirmation, producing a verifiable record for the entire network.
$HTR 5/25
๐ช๐ต๐ฎ๐ ๐ถ๐ ๐ฃ๐ผ๐ช? - ๐ฏ
The first miner to validate a new block, adding it to the PoW chain, receives freshly minted tokens as a reward. While PoW #blockchains are typically less scalable, they have established security.
$HTR 6/25
The first miner to validate a new block, adding it to the PoW chain, receives freshly minted tokens as a reward. While PoW #blockchains are typically less scalable, they have established security.
$HTR 6/25
๐๐บ๐ฝ๐ฟ๐ผ๐๐ฒ๐บ๐ฒ๐ป๐๐
Spam issues that plague #Bitcoin and other networks are avoided with $HTR by requiring users to solve a PoW task for transactions, like block mining but with a much lower difficulty level. 
7/25
Spam issues that plague #Bitcoin
and other networks are avoided with $HTR by requiring users to solve a PoW task for transactions, like block mining but with a much lower difficulty level. 7/25
๐๐บ๐ฝ๐ฟ๐ผ๐๐ฒ๐บ๐ฒ๐ป๐๐ ๐ฎ
As transaction volume increases, so does the networkโs security level. As an added benefit, transaction mining allows users to share some of the minerโs workload, fortifying the decentralization of the network further.
$HTR 8/25
As transaction volume increases, so does the networkโs security level. As an added benefit, transaction mining allows users to share some of the minerโs workload, fortifying the decentralization of the network further.
$HTR 8/25
๐ฆ๐ฐ๐ฎ๐น๐ฎ๐ฏ๐ถ๐น๐ถ๐๐
Hathor combines PoW blockchain with DAG data structures for enhanced scalability by including a chain of mined blocks within a DAG of transactions. Without going into detail about DAG (directed acyclic graph), Iโll simply outline its significance. $HTR 9/25
Hathor combines PoW blockchain with DAG data structures for enhanced scalability by including a chain of mined blocks within a DAG of transactions. Without going into detail about DAG (directed acyclic graph), Iโll simply outline its significance. $HTR 9/25
๐ฆ๐ฐ๐ฎ๐น๐ฎ๐ฏ๐ถ๐น๐ถ๐๐ ๐ฎ
#Hathor solves scalability and decentralization problems using DAG and blockchain data structures. The #blockchain ensures security during low transaction volume periods while DAG ensures optimal functionality during high volume periods. $HTR 10/25
#Hathor solves scalability and decentralization problems using DAG and blockchain data structures. The #blockchain ensures security during low transaction volume periods while DAG ensures optimal functionality during high volume periods.
$HTR 10/25
๐ง๐ฟ๐ฎ๐ป๐๐ฎ๐ฐ๐๐ถ๐ผ๐ป ๐ฉ๐ผ๐น๐๐บ๐ฒ
#Hathor can execute 200 transactions per second (TPS) and states that with tweaking, could handle 1800 TPS when the necessity arises. To put this in perspective, PayPal averages ~193 TPS and Visa averages approximately 1700 TPS. $HTR 11/25
#Hathor can execute 200 transactions per second (TPS) and states that with tweaking, could handle 1800 TPS when the necessity arises. To put this in perspective, PayPal averages ~193 TPS and Visa averages approximately 1700 TPS. $HTR 11/25
๐๐ฒ๐ณ๐น๐ฎ๐๐ถ๐ผ๐ป๐ฎ๐ฟ๐
While $BTC halving occurs approximately every 4 years, $HTR has yearly halvings. In short, halving is when the pace of new token creation is cut in half by splitting the reward for mining a block.
#Hathor 12/25
While $BTC halving occurs approximately every 4 years, $HTR has yearly halvings. In short, halving is when the pace of new token creation is cut in half by splitting the reward for mining a block.
#Hathor 12/25
๐๐ฒ๐ณ๐น๐ฎ๐๐ถ๐ผ๐ป๐ฎ๐ฟ๐ ๐ฎ
Additionally, projects building on #HathorNetwork are required to deposit 1 $HTR token per 100 custom tokens created. As more projects build on #Hathor, more $HTR is locked consequently reducing the circulating supply.
13/25
Additionally, projects building on #HathorNetwork are required to deposit 1 $HTR token per 100 custom tokens created. As more projects build on #Hathor, more $HTR is locked consequently reducing the circulating supply.
13/25
๐๐๐๐๐ผ๐บ ๐ง๐ผ๐ธ๐ฒ๐ป๐
Tokens can be created in seconds from the Hathor wallet, on the mobile app or desktop, with no coding required. Creators have full control of everything from the name, symbol and initial supply to future token burns and token minting.
$HTR 14/25
Tokens can be created in seconds from the Hathor wallet, on the mobile app or desktop, with no coding required. Creators have full control of everything from the name, symbol and initial supply to future token burns and token minting.
$HTR 14/25
๐๐๐๐๐ผ๐บ ๐ง๐ผ๐ธ๐ฒ๐ป๐ ๐ฎ
Unlike most networks, custom tokens on #Hathor are created on layer 1, inheriting all of $HTR's attractive features that weโve discussed thus far. All token settings are visible on their block explorer for full transparency. #HTR 15/25
Unlike most networks, custom tokens on #Hathor are created on layer 1, inheriting all of $HTR's attractive features that weโve discussed thus far. All token settings are visible on their block explorer for full transparency. #HTR 15/25
๐ก๐ฎ๐ป๐ผ ๐๐ผ๐ป๐๐ฟ๐ฎ๐ฐ๐๐
#Hathor's version of smart contracts are referred to as Nano Contracts, and their purpose is to make contract creation as simple to navigate as their custom token creation. $HTR 16/25
#Hathor's version of smart contracts are referred to as Nano Contracts, and their purpose is to make contract creation as simple to navigate as their custom token creation.
$HTR 16/25
๐ก๐ฎ๐ป๐ผ ๐๐ผ๐ป๐๐ฟ๐ฎ๐ฐ๐๐ ๐ฎ
With #Hathor's Nano Contracts, developers can add logic and a use case to tokens with just a few simple lines of information, but not without consequences.
$HTR 17/25
With #Hathor's Nano Contracts, developers can add logic and a use case to tokens with just a few simple lines of information, but not without consequences.
$HTR 17/25
๐ก๐ฎ๐ป๐ผ ๐๐ผ๐ป๐๐ฟ๐ฎ๐ฐ๐๐ ๐ฏ
By its nature, a Nano Contract cannot support all use cases. However, they will be sufficient for most and dramatically lower the barrier of entry, which is crucial for mass adoption. $HTR 18/25
By its nature, a Nano Contract cannot support all use cases. However, they will be sufficient for most and dramatically lower the barrier of entry, which is crucial for mass adoption.
$HTR 18/25
๐๐
๐๐ฟ๐ฎ ๐๐ฟ๐ฒ๐ฑ๐ถ๐
#Hathorโs architecture allows them to provide near instantaneous transactions for users, but hereโs the best part โ transactions are completely feeless. This opens the door for some intriguing possibilities on Hathor Network.
$HTR 19/25
#Hathorโs architecture allows them to provide near instantaneous transactions for users, but hereโs the best part โ transactions are completely feeless. This opens the door for some intriguing possibilities on Hathor Network.
$HTR 19/25
๐๐
๐๐ฟ๐ฎ ๐๐ฟ๐ฒ๐ฑ๐ถ๐ ๐ฎ
One of those intriguing possibilities is HathorSwap, a DEX (decentralized exchange) allowing instant token swaps with zero gas fees, scheduled to launch this year. $HTR 20/25
One of those intriguing possibilities is HathorSwap, a DEX (decentralized exchange) allowing instant token swaps with zero gas fees, scheduled to launch this year. $HTR 20/25
๐ง๐ฒ๐ฎ๐บ
#Hathor publicly lists all members of their highly experienced team its homepage. The CEO's and CTO's info is the following. $HTR 21/25
Yan Martins | Co-founder & CEO
https://www.linkedin.com/in/yan-martins-97804421/
Marcelo Salhab Brogliato | Co-founder & CTO https://www.linkedin.com/in/msbrogli/
#Hathor publicly lists all members of their highly experienced team its homepage. The CEO's and CTO's info is the following.
$HTR 21/25Yan Martins | Co-founder & CEO
https://www.linkedin.com/in/yan-martins-97804421/
Marcelo Salhab Brogliato | Co-founder & CTO https://www.linkedin.com/in/msbrogli/
๐ง๐ผ๐ธ๐ฒ๐ป๐ผ๐บ๐ถ๐ฐ๐
Current $HTR market cap is $285M, with 188M tokens circulating out of ~869M total. Projects building on #Hathor have to deposit 1 HTR token per 100 custom tokens created. As more projects build on Hathor, demand will increase as more #HTR is locked.
23/25
Current $HTR market cap is $285M, with 188M tokens circulating out of ~869M total. Projects building on #Hathor have to deposit 1 HTR token per 100 custom tokens created. As more projects build on Hathor, demand will increase as more #HTR is locked.
23/25
๐ช๐ต๐ฒ๐ฟ๐ฒ ๐ถ๐ ๐๐ง๐ฅ ๐๐ฒ๐ฎ๐ฑ๐ถ๐ป๐ด?
Take a look at other networks for a better idea of #Hathor's potential.
Market Caps
$ADA - $46B
$DOT - $38B
$AVAX - $4.5B
$HTR - $285M
Until $HTR's market cap is billions, it is undervalued IMO. 24/25
Take a look at other networks for a better idea of #Hathor's potential.
Market Caps
$ADA - $46B
$DOT - $38B
$AVAX - $4.5B
$HTR - $285M
Until $HTR's market cap is billions, it is undervalued IMO.
24/25
๐๐ผ๐ป๐ฐ๐น๐๐๐ถ๐ผ๐ป
#Hathor makes launching a blockchain project so easy that anyone could do it in a single day. $HTR's level of simplicity & usability paired with security & scalability make blockchain features accessible to everyone โ a vital step towards mass adoption. 25/25
#Hathor makes launching a blockchain project so easy that anyone could do it in a single day. $HTR's level of simplicity & usability paired with security & scalability make blockchain features accessible to everyone โ a vital step towards mass adoption. 25/25
@threader_app compile
