For every descent, there was always a breath of ascent... now the million dollar question? Do you believe in another descent? I believe so... I'm just waiting for more signs that this can't happen again đ¤Ąđ¤ŁđŤśđť
Hedera Hashgraph is built on an open-source platform, so any developer can easily build and deploy decentralized applications on the network. Hedera's governance model allows the community to vote on changes to the protocol, ensuring its decentralization.
Is Hedera Hashgraph better than Ethereum?
Comparing Hedera with Ethereum is complicated, as the solutions seek to serve different audiences. Both have their own merits, so depending on the use cases and applications, we can evaluate which one is more suitable.
For example, Hedera may be a better choice than Ethereum and other blockchain systems for building applications that require a high number of transactions per second, in addition to the most attractive rates. However, for application use cases that require greater decentralization, Ethereum may be a better choice.
Is Hedera (HBAR) worth buying? Will it appreciate?
Hedera Hashgraph offers effective solutions compared to some blockchains, making it an interesting option in the world of cryptocurrencies. As disclosed by the project, the network is capable of reaching impressive speeds without compromising security.
However, it is important to highlight that Hedera Hashgraph faces criticism related to centralization, as it is controlled by a consortium of companies. Therefore, many investors still maintain cautious optimism regarding the project's future, believing in the superiority of its architecture compared to traditional blockchains.
Generally speaking, it is necessary to understand that Hedera (HBAR) is considerably more risky than established cryptocurrencies such as Bitcoin and Ethereum, due to its smaller number of applications and developers. Therefore, it is advisable to carry out thorough research and consider your investor profile before investing in this cryptocurrency.
What is the Hedera ecosystem? The Hedera cryptocurrency ecosystem includes a series of startups, tools, member companies of the âCouncilâ, as well as a financing system with resources held in the company's coffers. This development facilitates continuous improvement and advancement in adoption, as it is supported by partners with extensive experience and technical capacity.
In addition to the large companies that are members of the âCouncilâ, we can highlight:
Corda Plugin, for public verification of transactions compatible with this system. USD Coin, a regulated stablecoin with its own token on the Hedera network. Hashgraph Association, an ecosystem-focused non-profit accelerator. Headstarter, a support and venture capital community for early-stage decentralized finance projects. Hedera use cases Hedera is focused on developing business and government solutions, including applications focused on healthcare, logistics, financial services, gaming, digital identification, energy and sustainability. In other words, more than a solution for use by the general population, Hedera is prepared for the corporate environment.
Hedera is also designed as a network service provider for the operation of private database systems, independent of Hedera's public Hashgraph. However, in these cases registration and processing fees must be paid in HBAR currency.
Is Hedera safe? How does the Governance Council work? Each company that is a member of the Hedera governance âCouncilâ manages a validator node. Participants who wish to contribute to the security of the network can delegate their HBAR coins, receiving an equivalent percentage of the rewards in return.
How does the âHashgraph Gossipâ protocol work?
Hederaâs âHashgraph Gossipâ protocol is a distributed ledger technology built to ensure that no group of nodes can control the network or interfere with its consensus.
To ensure that all nodes agree on the network's transaction history and the validity of current transactions, data is shared, verified, and synchronized. The translation of âgossipâ is gossip, that is, as if users were talking to each other.
What is the difference between acyclic technology and blockchain?
In Hashgraph's acyclic technology, nodes generate timestamped events to record synchronizations. After each time-based consensus round, the process starts over and repeats itself, ensuring its functioning. This mechanism is governed by the Hedera âCouncilâ, where members are responsible for maintaining the public network and its integrity.
The âCouncilâ makes decisions on technical direction, approving applications and acting as the court of last resort for any disputes. The members of the âCouncilâ are elected by HBAR token holders. In short, in practice, we can say that the Hashgraph system is less decentralized than other networks, such as Ethereum.
What is the advantage of Hedera Hashgraph?
The system allows you to create, simply and at extremely low cost, tokens, NFTs, decentralized applications, Web 3.0 platforms, streaming services and games while maintaining compatibility with the Ethereum virtual machine (EVM).
Compared to traditional blockchains, Hedera Hashgraph offers faster and almost cost-free transactions, but it is still too early to determine the effective demand on the corporate side, and from users themselves, for this alternative technology.
Who are the founders of Hedera? The Hedera company was founded in 2017 by American computer scientists Leemon Baird and Mance Harmon, who had created Swirlds Labs in 2015, the company that developed Hedera's underlying technology. It was Baird who created the distributed consensus algorithm, the main tool of Hedera Hashgraph technology.
The company Swirlds has licensed the technology to various clients to build decentralized applications (DApps) for use in various industries. Additionally, the development of Hedera is coordinated by the HBAR Foundation and governed by the Hedera Board of Directors, made up of up to 39 companies, which include Google, Nomura, Dell, LG and IBM.
How does Hedera (HBAR) cryptocurrency work? The Hedera network uses a âProof of Stakeâ consensus mechanism that allows users to lock their HBAR coins to participate in the transaction validation process. In return, participants receive rewards in HBAR coins.
At Hedera, the user's entire balance is automatically locked, without having to define a lock up period, and without the risk of being penalized for delays or failures in the process.
How does Hedera Hashgraph work? Hedera's Hashgraph is acyclic, that is, it does not use cycles. During the validation period, blocks are âdirectedâ and added in one direction, without the traditional linearity of blockchain.
The Hedera platform can be divided into three distinct structures, called Hedera Network Services, which contribute to the functioning of the network:
Token Service: allows the configuration, management and transfer of tokens, including non-fungibles (NFTs).
Consensus Service: enables the network to record transactions and other data records, such as governance decisions and tracking of logistics assets.
Smart Contract Service: Allows developers to create decentralized applications in different programming languages, including Ethereum's Solidity.
$HBAR Hey Brazilians, I selected complete material about the currency, in it you will have everything you need to understand its functionalities, differences from current technologies, the project's management body and its mission. Soon I will post some interesting agreements that have occurred in the last few days:
PART: 1 of 5
What is Hedera (HBAR)? Unlike traditional blockchain, in Hedera's Hashgraph engine, groups of network computers (nodes) work in parallel to allow connections to be verified simultaneously using a random structure.
The constant battle to meet the needs of decentralization, security and scalability, or processing speed, is an old problem with cryptocurrencies.
Therefore, the Hedera team chose to build a network focused on real use cases, including areas of healthcare, logistics and financial services (DeFi). At the center of this ecosystem is the Hedera cryptocurrency (HBAR).
What is Hedera Hashgraph? Hedera Hashgraph is an algorithm that uses a distributed data ledger technology (DLT) that offers a new differentiated approach, focused on agility and security. This is possible through its asynchronous fault tolerance (aBFT) algorithm backed by mathematical proofs.
The use of blockchain tends to result in high transaction costs or processing bottlenecks. The protocol used by Hedera, called âHashgraph Gossipâ, was designed to combine security and agility. The Hashgraph algorithm is free from âProof of Workâ, reducing the energy demand for validating transactions as much as possible...
Speak Brazilians, I'm adopting a precautionary measure of taking the stake in PIXEL currency, to be able to catch the rise in BNB currency before everyone wakes up and starts doing the same thing đ
I believe that a low is coming, and if it arrives I will take advantage of it to buy new BNB's
$HBAR Speak Brazilians, a while ago I commented about this currency and I see that it has possible great opportunities: Hbar Currency
Binance Source: According to CoinDesk, the Hedera Council, the organization behind Hedera Hashgraph, has partnered with American food and beverage company MondelÄz International to work on distributed ledger technology (DLT). As a new member of the Hedera Board, MondelÄz is working to develop DLT-based solutions in Hedera, focusing on digital transformation initiatives and supply chain management. Hedera Hashgraph is a public distributed ledger that uses hashgraph consensus and is the only public DLT that uses this method. MondelÄz International operates in more than 80 countries and owns brands such as Oreo, Ritz, Cadbury Dairy Milk and Toblerone. The company has already teamed up with early-stage fintech payments company SKUx to help expand its customer service program. MondelÄz will use Hedera to track the supply chain of consumer packaged goods and digital payment-based offerings. Xiang Xu, Global COE Lead for Digital and Blockchain Strategy at MondelÄz International, expressed excitement about the partnership and the company's commitment to exploring distributed ledger technologies together with Hedera.
Regarding the pre-launch of the new PIXEL coin, which will take place soon here on Binance, those who have questions about how to stake on #bnb or #fdusd to win the Pixel coin for free..., it's very easy, follow the tutorial below:
1st Step, convert your gizzard #brl into Bnb or FDUSD 2nd Step, below press the "Discover" button 3rd Step, on the top left screen, click on the "Launchpad" tab 4th Step, choose which currency you will define for staking, we emphasize that it is worth doing it with the BNB currency than FDUSD, as the winning rewards will be greater:
Supported pools:
Stake BNB (page will be live in about 24 hours): 280,000,000 PIXEL in rewards (80%)
Stake FDUSD (page will be live in about 24 hours): 70,000,000 PIXEL in rewards (20%)
You will have until the day:
Cultivation period: 02/09/2024 at 00:00 (UTC) to 02/18/2024 at 23:59 (UTC).
6th Step, click on your wallet and choose the Earn option at the top, below will be the currency you defined (Bnb or FDUSD) forming the PIXEL currency.
I hope you liked it, I'll answer any questions here :)