DLT

HSuke

I swear people keep forgetting how Bitcoin reorged (a rollback) 30+ blocks twice (in 2010 and 2013) to fix similar-level catastrophes. No, it's not a PoS issue. Most PoS blockchains do not allow rollbacks, and neither can SUI. In order to rolback, they would need to hard fork the DLT.

00roast00

I think so. People have become wise to getting scammed by meme coins and coins that really have nothing of value to add. Bitcoin is the digital equivalent of gold, but tokens like Hedera will be the future of the DLT market which I believe will rocket in the coming years.

OkAwareness6282

Can you explain what real utility eth has compared to the DLT coins ? What areas is it better meaning speed , cost of TPS, energy consumption per transactions, time to finality of a transaction. What ways is it more secure that others aren’t?

East-Day-7888

Well I don't pack um with garbage that's for sure. And the reason you hear hbar and chainlink so much is because dtcc and swift have already made announcements/have pending pattents, For the two DLT. So yea, pretty much the entire global trade network its pretty big news.

Dehavilland52

Hbar - nothing even close to it in the DLT space!

MinimalGravitas

> they stopped using it because DLT is a meme. ETH network is not exempt from this That's an interesting claim, but then how do you explain: - Visa's 'Real World Asset' tokenization platform; - Blackrock's tokenized securities platform; - UBS's tokenized investment platform; - Wisdom Tree's RWA tokenization platform; - Deutsche Bank's L2; - Sony/Samsung's L2; - Paypal's stablecoin business payment system; etc etc... Why would those companies build their financial applications on 'a meme'?

Tethered9

[Atma.io](http://Atma.io) did not stop using Hedera because they are a shitty network, they stopped using it because DLT is a meme. ETH network is not exempt from this, but they would never know it, because they never had a [Atma.io](http://Atma.io) use to begin with 😂

CunningStunt_1

I don't use belief as an investment strategy. I would suggest you shouldn't either. The value of blockchain/DLT is it's transparency. i can clearly see on chain, XRP is about 10x (prob more) overvalued compared to the rest of the market. https://xrpscan.com/ The big boys are coming. They won't be using belief to invest. They will be using all the information available to them. Good luck.

Renowned_Molecule

Bruh, you should research the “miners” .. small group of college kids doing PoW basically. … Sadly PoW takes value away from the world. .. There is no PoW chain that could solve micro transactions. But, cryptographic technologies have lead to DLT and directed acyclic graphics.. Gl on the journey.

nestiebein

Alt coins are trash unless it provides a real solution to some problems like HBAR for DLT in AI.

KeySpecialist9139

There are quite a few use case scenarios that didn't work out. I can list them from the top of my head actually, since I work in this field: Maersk, German stock exchange, JP Morgan, Kodak, Sidney stock exchange and list pribably goes on. The cost/effectiveness ratio for blockchain is not that good. Simple SQL or DLT just works better. Fact-check me if you want. 😉

SeemedGood

No, in my analogy DLT is the internet and BTC (like AOL) is an early market leading and comparatively deficient system of access to the underlying tech. And the BTC maxis make the same arguments excusing an inferior product as the AOL maxis did back in 1997.

Ch40440

Didn’t realize it’s basically how blockchains operate, but they offer additional functionality beyond traditional DLT’s

ma0za

You really dont know what DLT is do you. sometimes i forget that this sub is mostly about gambling and not about technology. my bad.

Substantial_Fun3062

They will definitely use a DLT and not a blockchain

Aconyminomicon

AI shill post because ETH is losing dev's left and right. This technology is old and not even complete. There are several other DLT's (DAG's, Hashgraphs', etc) that are far more complex and efficient than a very old blockchain that can't scale and has an entire layer 2 ecosystem, where as other chains don't need layer 2's and are already sharding.

Aconyminomicon

Not disappear, nah. I am suggesting they could do a couple things. 1. Stick with Bitcoin and jack up the fee's 2. Use their hardware to mine another large crypto, specifically one that has been forked from Bitcoin 3. The mining companies could, in theory, get enough power to fork Bitcoin again. And there goes the "scarcity" claims and "decentralization" that Bitcoin promises. Like I was saying, Bitcoin and most other layer 1's can not scale and are thus incomplete. Just look at Ethereum collapsing in front of us. They has how many "scalable" layers but they could never shard. But the thing is, other than monero, we don't need miners to reach consensus on a ledger. You know who already has a sharded and decentralized network with fixed fees pegged to the dollar and is actually carbon negative? Hedera. If you want to learn what a real decentralized ledger and its use in the real world, this link is worth a listen. It's a very old harvard talk by one of the creators of G2G hashgraph protocol and is very informative about how blockchain can not scale (trilema) where as a hashgraph DLT is already sharding and doing 100k's of Tx a second, thus why their validators are publicly traded companies and not inside mysterious whales (Eth/Sol). No other layer 1 can do this because just like Bitcoin, most are unfinished projects built on speculative hype and marketing with a confusing base layer all in the hope that they can solve a problem that doesnt really exist. Hashgraph is the grown up DLT in the room, thats why you don't hear about it. Blockchain is sitting at the kids table begging for attention and your money. [https://www.youtube.com/watch?v=IjQkag6VOo0](https://www.youtube.com/watch?v=IjQkag6VOo0)

nugymmer

The fact that Vitalik Buterin talks about privacy for Ethereum transactions must have lent an aura of legitimacy to privacy as a concept. Perhaps Monero will come back into the spotlight due to this. Well, it already has. When Vitalik, the co-founder of a fantastic DLT/smart contract technology, talks about privacy, this helps those who believe in transactional privacy. So ETH gets transactional privacy, and XMR goes into price discovery. It's a shame you can't buy these on a typical CEX, otherwise I would have done it a long time ago. But buying 1 XMR one way or another might turn out to be a good idea after all.

CunningStunt_1

>Their user businesses are B2B. No, when I swap on Uniswap, I am not a ChainLink user. It is Uniswap, the ChainLink user. A L1 network effect growth is very different from an oracle. Depends on the product; data streams, VRF, CCIP. Can all be considered a per user basis. >Keep daydreaming that you guys can carve out a legal monopoly via bribes to get regulatory capture. You aren't the only Oracle game in town. Currently the only oracle in town equipped to provide proof of reserves/liability. Which is required via the stablecoin act. >Again, you aren't the only game in town. For example, Securitize, the hyped BlackRock fund, uses RedStone and Pyth. Securitize and redstone have the same angel investors. https://www.blockchain.com/ventures They understand where the value lies. And its not in settlement/layer 1. I personally think it is too late for them now. They will have to integrate chainlink in some manner, if just for CCIP. >How so? Explain. https://github.com/hyperledger-cacti/cacti >Wrong. The very fact you think the settlement layer and an oracle are the same makes me want to die from laughter. You where nearly there in your last comment. Settlement will be free. The interop between legacy and blockchain and back again will be valuable. ["Our next set of industry experiments is designed to show how Swift’s infrastructure can be leveraged to facilitate interoperability, enabling tokenised value to be transferred between existing systems and both public and private DLT platforms with existing connectivity, standards, and messaging."](https://www.swift.com/news-events/news/swift-explores-blockchain-interoperability-remove-friction-tokenised-asset-settlement#:~:text=Our%20next%20set%20of%20industry%20experiments%20is%20designed%20to%20show%20how%20Swift%E2%80%99s%20infrastructure%20can%20be%20leveraged%20to%20facilitate%20interoperability%2C%20enabling%20tokenised%20value%20to%20be%20transferred%20between%20existing%20systems%20and%20both%20public%20and%20private%20DLT%20platforms%20with%20existing%20connectivity%2C%20standards%2C%20and%20messaging.) Every institution will run its own chain. https://www.dtcc.com/news/2025/february/04/dtcc-announces-composerx Settlement will be free. Value will only enter public permissionless chains to interact with protocols for yield or whatever.

Aconyminomicon

The guy responding to you is the typical Hedera hater who knows basically nothing about the difference in hashgraph DLT vs blockchain DLT. They don't know that Hedera is a solution to many problems, and inversly, 99% of large cap crypto like SOL/DOT/ETH/ADA are all different solutions to problems no one really has. If the coin isn't ISO20022 compliant, then the coin is not going to hold up long term. If you can't plug in to the existing framework like ISO compliant coins can, then why would SWIFT or any other network devote their own time and money into helping people use inferior networks like Solana or Ethereum. When SOL and ETH got ETF applications, nothing happened. When HBAR got its ETF application and only the application, it did a 6x. The smart money knows where to go but the average crypto person is psychologically manipulated with group think, echo chambers, and perpetual promises that will never be delivered.

Substantial_Fun3062

Hbar or some kind of DLT will be king in the years to come. Eth and sol will be irrelevant

RamoneBolivarSanchez

Hey tell me how I can run a hedera validator at home? Oh wait, I can’t, because it’s a centralized larp network. **Congrats on not understanding the core tenants of what compose DLT.**

East-Day-7888

Hedera is not built in eth. You could build eth on hedera, but you could never build hedera in eth. Hedera has absolute finaility, true ordering. Any L2 built on Eth would have to sacrifice both of those features. As eth will never be able to do either. To give you an idea of why that's important, those two things are the reason Hedera is legitimately the only DLT that a stock exchange could build on.

Heypisshands

Research hedera and what makes it better than every other dlt. Research DLT.

HvRv

This is where he is wrong and where many people will fall. Btc is no different from some of these other L1s. It is DLT and how you get to consensus is different. That's what sets them apart. People will say all kinds of offensive shit to protect their investment and also cult like mind set is now kinda normal in this place. Under the hood, a software that writes the same ledger on many machines at the same time. Some have other bells and whistles and can also write full small scripts on this ledger. But what's under the hood makes them usable in variaty of use cases.. Now, the biggest difference in Genslers opinion is speculation, but it's kinda weird that he thinks BTC is not speculation. Like, the whole stock market is speculation. The difference is that with stocks you kinda speculate on the success of the company, revenue, product etc. In crypto that part was never here. I cannot stress this enough, every use case of the BTC, at this moment, is basically lost. There is now only speculation that the price of BTC will go up to a million dollars because many people believe in it and will buy it and thet there are some super rich folk pushing it. Other L1 lost the battle of speculation and people said, ah...this will not reach 1 million dollars so no point in investing in it. They never said, ah this makes these amazing things that help the world and will be used greatly, lets invest in it. No..never happend. Not even once. New shiny thing come, VC load up, market makers start ripping the price, people ape in and then VC dump. That was/is use case of crypto in most cases. Now...saying that...there are some L1 that are indeed doing some truly amazing things and solving some problems or adding new services and apps on the market. There will be a time when investors come and start scooping those up, but that time is still not here..... It's close tho.

DMTbeingC137

There's already a coin related to this. It's called DELIVER and it's on Radix DLT.

nk171717

I would argue that the whole NFT phase is very similar to meme coin degen traders. They both have institutional value. However, Solana is more suited for scalability, hence lower fees and tps. Growing pains are normal. Remember the DAO hack on Ethereum, where they had to fork the network? Ethereum is the oldest and most well known, yes. But that doesn't mean it's the best. Look at Hedera Hashgraph and DLT technology. I would love the see Ethereum do well, as Buterik is Canadian!! But we will see.

Numerous_Ruin_4947

Oh boy, if it is dying, why are banks and companies developing projects on Ethereum? Ethereum has the highest TVL and stablecoins supply. Staking is near an ATH. Transaction volume is increasing. You don't know what you're talking about. [https://www.bny.com/corporate/global/en/about-us/newsroom/press-release/bny-expands-digital-asset-platform-with-launch-of-innovative-on-chain-offering.html](https://www.bny.com/corporate/global/en/about-us/newsroom/press-release/bny-expands-digital-asset-platform-with-launch-of-innovative-on-chain-offering.html) New York, April 3, 2025 -- The Bank of New York Mellon Corporation (“BNY”) (NYSE: BK), a global financial services company, today announced the expansion of its Digital Asset Platform with the launch of its Digital Asset Data Insights product, designed to securely and efficiently deliver both on- and off-chain data across blockchain networks. The launch underscores BNY’s ambition to serve an expanded, fundamental role in the lifecycle of tokenized assets. **With the BNY data on-chain capability, BNY will broadcast select fund accounting data to the Ethereum network**, enabling further utility of public blockchains. Using smart contract technology, BNY will automate data consumption so that investors and on-chain participants may further capitalize on distributed ledger technology (DLT).

SeemedGood

Bitcoin is one implementation of DLT which offers what is essentially a slow database with limited throughput. Not only can BTC be censored (because the tokens aren’t actually fungible given their complete public track record), but even *discussion about BTC* is heavily censored (bitcointalk.org and r/Bitcoin since 2014).

SeemedGood

Bitcoin is a service provider, DLT secured by cryptography is a protocol. If a currency isn’t private, it’s censorable, which means it’s not secure. LN node efficiency scales at least directly (and probably exponentially) with size making LN a significant force for centralization, censorship, and potential inflation - basically a replication current fiat system on top of BTC. The BTC community and the small group that controls the code have no interest in making BTC private, so I won’t hold my breath. Optimal money allows for price stability which means that the supply of money should be able to expand and contract in direct proportion to the goods & services production in an economy. When a money is artificially deflationary it creates a hurdle to investment which produces a drag on economic growth. Artificial deflation is just as bad for an economy as artificial inflation, just in a different way.

Aconyminomicon

Lol help yourself to a book about DLT.

Aconyminomicon

I am fairly certain that 95% of the post there now are by bots/people who couldnt even tell you the acronym for DLT. Much less how a blockchain actually works. They are hyping up tech that is 15 years old and only does one thing, move money from poor people to rich people. And has opened the flood gates to multiple scams that make Madoff look like a child. Blockchain was a cool novelty in the day but now BTC is all up in Wall Street, the opposite effect that it was created for, and people who hold it just don't want to accept it. Shoots I even hold a little just in case, but I know I sold all I wanted to when it broke 100k because how on earth can it just keep going up. It will be interesting to see how BTC is used if we go into a full on recession/bear market.

coinfeeds-bot

tldr; Thailand plans to amend its cybercrime laws to protect crypto traders from scams. The amendments will increase accountability for financial institutions and telecom operators, requiring them to prevent and block scams. The changes include provisions for refunding victims without court involvement if damages are proven. The laws are expected to be enacted before the Songkran festival and will complement existing digital asset regulations. Thailand's SEC is also advancing its crypto sector with a DLT-based trading system and stricter enforcement against unlicensed operators. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Chris-G-O

Blockchain / Hashgraph tech aside, what really impressed me was Hedera's clarity: ***with*** the SEC from Day-1 (instead of against it), clear and public contracts between Hedera and GC members, etc (\*). PLUS ... $400,000,000 set aside for dApp development and tech adoption. Honestly, I can't find another DLT Use & Utility project comparing to this. \----------- (\*) It's all on their website, btw.

Wuncemoor

Literally all of it is the definition of subjective value. You seem to think I'm arguing against Bitcoin or crypto and I'm not. I'm here because I believe in DLT, but it's obtuse to say that it's objective in nature

Mission_Shopping_847

Because two factions are fighting over who comes out on top in the DLT transition.

Numerous_Wonders81

ISO 20022 Compliance Matters More Than You Think You’re right that most crypto investors don’t care about ISO 20022, but the institutions that move trillions of dollars do. Hedera is working with banks and enterprises looking for legally compliant, scalable DLT solutions. Algorand is already integrated in government-backed financial projects and payment networks. ✅ Regulatory adoption is inevitable, and when it happens, these networks are already positioned for it. 🔹 Unique & Complementary, Not Just “Another Pair” ALGO excels in DeFi, open finance, and inclusive digital economies. HBAR dominates in enterprise solutions, supply chain, and corporate governance. ✅ Their strengths don’t just overlap—they cover different sectors while aligning on security and efficiency. 💡 If every blockchain truly had the same core values and execution, we wouldn’t see so many failing or stagnating. Algorand and Hedera stand out because they’re solving real problems while others are still chasing hype cycles.

CunningStunt_1

I am hesitant to put money behind an L1. There are 100s public and likely a similar number of private chains/DLT's. It's looking more likely there will be 1000s of chains each specialised to a singular purpose. I may make money in the short-term, but likely go to zero over 10 years.

CatrickSwayze

Oh, I agree it was inevitable. It was too powerful not to be. I'm just venting my frustrations, which have been increasing with each passing year. I long for the days when governments/financial institutions were more focused on the promise of DLT and didn't even want to discuss the crypto side. Those cheering on Trump's pumps and dumps and Melania coin irk the shit out of me. The whales were here from the beginning- but at least there was a route for the **common** man to build generational wealth if they got on board early to support this mission, to be willing to jump through the hoops, to champion these values of decentralization. That hope has now become weaponized to drain us dry. We gave the PayPal mafia the magic bullet to seize the world on a silver platter while pretending that its going to level the playing field, that its still "ours".

CunningStunt_1

Firstly, you need to understand the scale of users chainlink already has. https://www.chainlinkecosystem.com/ More projects than multiple L1's. You need to understand why decentralising data input to blockchains is important. Why blockchains/DLT are useless without. Look at the multiple products chainlink offers. Then try and understand why so many absolutely massive financial infrastructure companies (swift, DTCC, eurostream/clear, Hong kong monetary authority) are working with chainlink. Once you have a grasp on that, I'll explain why CCIP is so important. And if I am correct (I'll be filthy rich), why it has abstracted L1's to being nodes only.

Avocadomesh

Who would pay their profits? Exactly small investors. The point of BTC was to stay away from governments, now they are getting it more and more in their hands. Btc is not secure against quantum computing BTC Maxi's are too delusional to even discuss with. All they want is profits for their own. They don't understand jack shit about DLT's.

Wuncemoor

You're jumping to conclusions. "If all countries" is doing some seriously heavy lifting and is the exact point I'm making. Currency never exists in a vacuum, it's just a medium for exchanging value. If that happens then great 👍 but there's no destiny involved based on the code or anything else. It's all human sentiment. To answer your question, I'm here because I believe DLT is a transformative tool to build a better world, not because I have a specific attachment to BTC.

ThinNeighborhood2276

Well said. DLT's transparency and immutability will eventually expose and eliminate many forms of financial manipulation. The long-term potential is immense.

JustStopppingBye

The success of DLT isnt dependent on the president of the united states, it has very little to do with him. Banks know the benefits of using DLT now and it wont change because of the president lol [https://www.swift.com/news-events/news/swift-explores-blockchain-interoperability-remove-friction-tokenised-asset-settlement](https://www.swift.com/news-events/news/swift-explores-blockchain-interoperability-remove-friction-tokenised-asset-settlement)

StrangeInsight

**Thank you.** I'm a bit surprised how many don't know what *DLT* stands for. I didn't want to make the post about a specific coin, but about block chain and Cryptocurrency in general.

HSuke

DLT is the more generic and proper term for blockchains. All blockchains are a subcategory of DLTs DJT is the reason the markets are down again.

HSuke

**DLT stands for Distributed Ledger Technologies**, which is the more generic and proper term for blockchains. All blockchains are a subcategory of DLTs DLTs also include DAGs, FBAs, and some BFAs

Usual-Commercial586

Absolutely agree. The power of DLT isn't just about quick gains—it’s about reshaping financial transparency and long-term adoption. That said, leverage trading is definitely a double-edged sword. Used wisely, it can be a tool, but most people end up getting liquidated. Curious—how do you personally manage risk in this chaotic market? 🚀

stock-prince-WK

I think DJT is “Donald J Trump” But idk what the hell DLT is 🤣

Virgine

Wtf is DLT and DJT?

StrangeInsight

I can't wait for DLT to be independent from DJT.

oak1337

Never assume what? I don't care what you're doing... All that happened was you misrepresented Hedera and I corrected you. No worries! Whatever DLT you design, just make sure you get the COQ proof that it's aBFT, otherwise it's not worth making in the first place! Good luck!

oak1337

>mathematically, spoiler there is know universally 'Best'. There is though. All DLT measure Consensus Overhead. With two hashed timestamps, Hedera gets consensus for free. It's also proven aBFT, shards aBFT, and is SHA384 AES256. Best security, infinite scalability, and is Decentralized. 1. 39 council members, equal share/power, is decentralized governance. That's just a fact. Google is the same one vote as IIT Madras (University). All nodes also have **equal node consensus power**, so when permissionless nodes happen, your node is equal to Google's node. Other networks (ALGO for example) have thousands of nodes, but only a handful do all the work, which are controlled by the central entity. Very cool you can spin up your own node, but it does nothing and doesn't really contribute to consensus. Useless. Hedera will be permissionless in the future, and if that's your biggest beef, I say just give it time, it's coming. >This raises concerns about counterparty risk—could the council manipulate the network or token economics to favor corporate interests over individual users? No, and their incentives are aligned regardless. >2. HBAR’s demand isn’t directly driven by transaction volume False. Yes it is. HBAR is needed to perform transactions on the network. Every txn requires HBAR. More txns = more HBAR demand. >The council’s control over HBAR releases (e.g., only 41.9 billion in circulation as of now) can suppress price volatility, which some see as price manipulation rather than organic growth. This is not how coin releases work. They allocate coins from Treasury into their grant foundations like HBAR Foundation and The Hashgraph Association, who's jobs are to grant HBAR away. "Coin releases" do not just hit the open market. They go to builders, and take years and years to be spent/sold. There's no manipulation there. Yes it's also a store of value if there's adoption on this high throughput network. 3. Hashgraph isn't patented. It was when it was first created, but not anymore. It was open sourced with an Apache 2.0 license and is currently the ONLY chain that has donated it's codebase to the Linux Foundation. It's the most open sourced chain in existence. 4. Win Enterprise, win the game. It's been 15+years since BTC was first invented. Less than 7% of the world has touched crypto. Time to onboard the other 93% of people, and it ain't gonna be by the original crypto ethos. It's gonna be when people use crypto without knowing it by interacting with their favorite brands, who push Web3 apps, etc to them. 5. LOL are you serious? It's the most regulatory compliant chain. Regulations will help HBAR most. HBAR ETF is incoming. Enterprises need regulation to launch. And there are no supply dumps. That's patently false, and I explained before how coin releases work. HBAR will be the Trust Layer of the Internet of Value. It will be the most widely used crypto and will take over the world. Funny, sounds like you're gonna miss the ride on some bad info. Haha good luck 👍

twilotab

From my notes and observations, mathematically, spoiler there is know universally 'Best'. hedera hashgraph is essentially a DAG like IOTA, that's been around far longer, I even invested in it early on, never again, the security was breached and my investment was rugged, I don't want to get into this more, but experience sways me to the security drivers. I will elaborate below for you. 1. Lack of decentralization > Critics argue this sacrifices the ethos of decentralization that defines crypto. The council holds significant control, including influence over HBAR’s supply release (50 billion total, with gradual unlocks). This raises concerns about counterparty risk—could the council manipulate the network or token economics to favor corporate interests over individual users? For purists, this feels more like a "centralized DLT" than a true cryptocurrency. 2. Utility vs Speculation > Unlike bridge assets like XRP or stablecoins, HBAR’s demand isn’t directly driven by transaction volume in the same speculative way. The council’s control over HBAR releases (e.g., only 41.9 billion in circulation as of now) can suppress price volatility, which some see as price manipulation rather than organic growth. Investors wonder: is HBAR a utility token for a niche DLT, or can it compete as a store of value in a crowded crypto market? 3.Competition Abstraction > The patented nature of hashgraph limits its open-source appeal. Developers can’t fork it or build competing platforms, unlike Ethereum, where innovation thrives through community experimentation. Plus, competitors like Solana, Avalanche, and Polkadot offer similar scalability without the corporate overlay. Can HBAR’s tech edge overcome its restrictive ecosystem and win the DLT race? Maybe, but 4. Adoption vs Perception > The crypto community often views HBAR skeptically due to its "corporate coin" vibe. Early price crashes (e.g., from $0.36 to $0.03 in 2019) and accusations of "smoke and mirrors" (per some YouTube critiques) haunt its reputation. Can Hedera shake this stigma and rally retail support, or will it remain an enterprise darling with limited speculative hype? There is a real culture in the crypto space that is still about true decentralization, you have to decide which side you're on, maybe you play both or maybe you go all in as a cypherpunk. 5. Risk > Reward > Volatility, regulatory risks (given its U.S. base), and the council’s token unlocks loom large. Posts on X highlight fears of centralized supply dumps crashing prices. Plus, newer cryptos carry unproven risks—will hashgraph’s edge hold as the market evolves? It boils down to trust. It's a corporate experiment masquerading as crypto. My advice? Watch adoption metrics (transaction volume, dApp growth) and council moves closely. HBAR’s fate hinges on proving its utility outweighs its trade-offs—but in crypto, perception often trumps reality, so tread wisely!

oak1337

Please explain. AFAIK it's mathematically the best possible DLT. Consensus Overhead is free due to Virtual Voting. Tokenomics look great right now. Big adoption inbound with regulations incoming. What's the trap?

HBAR_10_DOLLARS

Guys, I'll keep it simple. All blockchains/DLTs, at their most basic level, are solving the probem of 'how do a group of computers talk to each other without having to trust any particular computer or group of computers' The Hashgraph algorithm, invented in 2015, is mathmatically the most efficient, fastest, and most secure DLT possible. I'm talking on a physical level - the amount of bytes and the amount of transactions sent between the computers literally cannot be reduced any further. Also, it is the one and only network to have aBFT security at scale (look it up - mathmatically the best security possible for distributed computers). You literally cannot make a better ledger. On top of that, we in the governance model, fixed fees, tons of other enterprise-grade features.... I've been shouting it from the rooftops since HBAR was rank 50. It is now rank 11. If you're not in, I don't know what to tell you.

East-Day-7888

A representative from SWIFT agreed to be onstage at HederaCon. Why? Rob Allen mentioned the live testing this year, she didn't really confirm or respond to take ownership of that to be honest, it was just a moment. So you can read this in a couple of different ways. 1. Either Rob has info about this which he can't reveal, and is trying to encourage SWIFT and other participants to go public, and have managed to get them \*this\* close to doing so, including appearing at HederaCon onstage with the likes of Rob who represents AP+ (themselves no lightweight in the banking space), which they have agreed to do so in part because they are already a couple of years into testing, working with and from the sound of it selecting Hedera as a contender DLT at least for their operations... Or 2. High level enterprise and banking representatives such as this lady from SWIFT are out there just providing some civic utility function from the goodness of their hearts, and for some reason have agreed to appear at a ETH-rival's inaugural convention, and for some reason are willing to put themselves in a position where Rob can put them on the spit as being adjacent to Hedera in some way, Frankly, I don't buy #2. SWIFT would never put itself in a position that allows misrepresentation. That they don't wish to 100% confirm #1 is another thing. But appearing on stage and allowing themselves to be participant in that type of exposure, in my eyes is confirmation of #1 over #2. Of course, anything can happen, and that is why the ambiguity exists. Even if they go live, they might continue to be ambigious. Investors have to assess risk etc. But if this sort of thing was happening a couple of years ago, people would be running around, losing their shit and aping into HBAR like no one's business. Such is the water temperature around the crypto frog these days. [https://en.wikipedia.org/wiki/Boiling\_frog](https://en.wikipedia.org/wiki/Boiling_frog)

Pure_Ad_9865

The Hedera Hashgraph consensus algorithm is the mathematical endgame of distributed ledger technology. Unlike blockchains, uses compact hashes instead of large raw data in a graph structure (DAG) to achieve efficient, decentralized consensus. Information spreads through the network with virus-like efficiency, making Hedera (HBAR): * **aBFT-secure** (offering the highest level of security) * **Leaderless with no MEV** (preventing transaction manipulation) * **SHA-384 post-quantum resistant** (future-proof cryptographic security) * **Provable fair ordering** (eliminating miner/validator manipulation) * **Infinitely scalable** without L2s or forks (100,000+ TPS per shard) * **Sub-3-second finality** (near-instant transactions) * **Carbon-negative** (the greenest DLT) * **Low, fixed fees pegged to USD** (\~$0.0001 per transaction) * **Open-source codebase with a vendor-neutral governance model under the Linux Foundation** (Project Hiero) On a technical level, Hedera isn’t just more advanced than other DLTs—it defines the future of decentralized technology and the post-quantum era. For example, it is 3300x more energy-efficient than Ethereum. But, to take Hedera to the next level, we need: * **More aggressive marketing towards retail adoption** * **Community nodes for increased decentralization** Leemon Baird (inventor of Hedera) and Charles Hoskinson have been spending time together recently, proving there’s no need for hate or tribalism. Hedera and Cardano are building the future—together. ❤️

CunningStunt_1

Possibly. If all financial services end up running on Blockchains/DLT's.

Impressive_Pilot8415

Hedera is the safest play in DLT imo.

MrXReality

This is so true. Radix DLT (what forbes im 2016 I think said the blockchain killer) currently has surpassed 1 million TPS. Google forbes radix if you want to read the article The company is still running and hope to have a major breakthrough in defi but just crickets. One of the best blockchain technologies out there.

Lemon_Club

I mean it's just a matter of time until every institution in finance adopts DLT tech

melonmeta

Bankers realized that some of these cryptos / DLT technologies can actually take down their century old monopoly and control over the world without firing a single bullet. And boy, they fired millions of bullets to get their monopoly, and they don't want to lose it. So they do whatever they can to hide these life-changing technologies from you and the general population. They want to continue to explore you and draining your economic energy through shady financial mechanics like Inflation, Fees, Taxes, etc. They create and promote scams while they censor real good technologies. They want you enslaved, not free.

coinfeeds-bot

tldr; The European Central Bank (ECB) is developing a blockchain-based payment system for settling central bank money using distributed ledger technology (DLT). This initiative aims to modernize financial market infrastructure while ensuring security and efficiency. The ECB plans a two-phase approach: initially connecting DLT platforms with TARGET Services, followed by a long-term integrated system for cross-border settlements. Trials conducted with 64 institutions demonstrated the feasibility of blockchain in traditional finance, though technical upgrades are needed. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

KIG45

>The European Central Bank (ECB) is officially introducing blockchain into the European financial system, launching a new central bank money settlement payment system using distributed ledger technology (DLT). The decision, announced today by the Governing Council, will adopt a two-phase approach: first, a short-term fix that connects DLT platforms to TARGET services, and second, a long-term integrated system for cross-border settlements and foreign exchange transactions. So Europe will accept crypto after all!

SomeDamnBody

Um , yes and no. Solana as it stands will not be the same. However, as with BTC , it will eventually be ran on DLT (everything will be)

Gary-C-Woodhead

Absolutely, they’re starting with digital securities and will ultimately follow with Crypto based innovation, a game changer for anything DLT and its adoption.

CunningStunt_1

Quant is available on Hyperledger, along with chainlink and Layerzero. I believe the the preferred flavors of hyperledger are currently Cacti and Besu. Chainlink was utilised for the most recent trails with besu and has since produced its own front end. https://chain.link/hyperledger-besu-interoperability While Cacti is a 'overlayer' with mulitple different DLT can interact natively. Bit like of Cosmos/DOT works. Please do share some Quant examples. Multiple interoperability platforms being tested all feeds into my multichain theory.

CunningStunt_1

Operating 1000's of ledgers currently is a problem now. Blockchain/DLT is a solution to that. Scalability isn't a problem with a DLT, as they will essentially be a shared database with very few validators. Bit like how XRPL runs now. Chainlink is the ultimate solution for interoperability with these systems. Just like you think XRPL is the ultimate solution to everything else.

oak1337

XRP won't replace Swift. They can't scale to meet that demand (XRP 1500TPS max), and their security is trash (compared to rest of crypto - SHA-512half). If they shard the network to meet the scalability, their security actually gets worse. XRP is kind of hot trash full of hot air and hype. BTC is too slow and expensive to be used on a large scale basis ($$$ per txn and like 10TPS max). But the narrative has changed over time from "new global currency" to "store of value". Basically buy and hold, hope other people do too, and sell it to them. Every DLT is essentially trying to solve 1 problem. Consensus. Getting a bunch of computers all over the world to come to Consensus about the order of transactions. Every chain comes up with a slightly different way of doing this, and that can be calculated into their "Consensus Overhead". How much time, money, and energy does it take you to come to Consensus. HBAR is the mathematical end game of all DLTs. It gets Consensus for free, due to "Gossip about Gossip" and "Virtual Voting". Hedera is superior to all blockchains due to having the lowest possible Consensus Overhead (free). HBAR is King 👑

Maxx3141

Oh Kraken, my dearest light upon crypto, your guiding hand helped my portfolio grow. You held my hand, through bear and bull, my heart was yours, so bright and full. I praised your name, with love and skill, A loyal voice, your greatest shill. I brought your logo to MoonPlace, Unaware of the coming disgrace. No warning came, no chance to flee, You sold us off, to DLT. But worst of all, my heart still swoons, Yet I can’t trade my precious Moons. My heart in shards, my voice now still, A void remains, no trade can fill. A lesson learned, so cold, so true, Never again will I trust in you. My region is excluded from this contest, as if I needed something else to prove my point.

CorneliusFudgem

Current administration would disagree with that. Once again - the only people complaining about this are people who willfully invested in this crap and lost. People are literally choosing to do this. They’re making the decision to speculate and literally gamble. That’s on them. Regardless of regulations - the point of DLT is to let anyone (anywhere) do anything with their assets in their custody.

R4ID

#part 2 #5 >Jed didn't "lose" the lawsuit, Ripple Labs got an order to freeze his money because he was selling and they were worried about the price (if that doesn't scare you it should). He got all his XRP back, and continued to sell it all off, as per the agreement he made with Ripple Labs, if he "lost" the lawsuit, I'm fairly sure that wouldn't have happened! He was found in breach of his contract and had to sign new terms which directly limited his sales for years. he was forced to donate the majority of his funds to charity instead of keep them for himself.... I wouldnt call having to give away hundreds of millions of Dollars instead of being able to keep it a "win" #6 >Congratulations, you understand DLT's, here's a participation medal. You can create a shitcoin in 5 minutes that has those properties. then why havnt you done it? its such easy money and so simple to become an instant billionaire according to you, hell Ripple already released all the code, why not just copy it and do it yourself? you know the answer is because its not that simple. >The fact they built a functioning DLT isn't new, or special. In 2012 it was a brand new solution to the doublespend problem which had no PoW to waste electricity as its security model. they invented DEFI, the DEX, issued assets on chain and Stablecoins all before they were even terms in this space. They're still here more than a decade later developing ecosystems, improving crypto and fighting for the space as a whole in the courts at the cost of their own dime. You're telling me you think that isnt special? lol. >The fact it has some decentralised aspects, doesn't mean that Ripple Labs (the private company) doesn't have ultimate control over it, PROVIDE AN EXAMPLE OF THE CONTROL YOU CLAIM THEY HAVE. YOU STILL FAIL TO DO THIS REPEATADLY. >sure you can run a validator if you're a complete regard, but it serves no significant purpose. My validator from 2018 begs to differ. >When Ripple Labs provides a list of "recommended" validators, and validators serve little purpose, it's easy to control, useful idiots that run them just help the lie that it's decentralised. Ripple labs doesnt control the dUNL atm, you arent required to follow the UNL they publish, validators are required in order for the network to function, you cant demonstrate any control over the validators. like this isnt hard. "prove it" and you fall on your face. do you hear how dumb you sound? #7 >And lastly, nobody cares if they only have 43% of the total then stop saying they control half and I wont have to correct you. Again this isnt hard, you say something thats a lie and I say "prove it" you're unable to do so because its a lie, so you ramble on about other nonsense which was never my position or isnt important at all if you understand the topic (which its clear you dont) > they literally started with 80% of the supply, IIRC ~79.8%* technically. but I would forgive such an error. >whatever they have left just goes to show how much people are willing to buy from them. I mean it's not even something to brag about, it's a scary thing for one private company to have such a huge amount. "oh no mr giant fintech company please dont try and increase the value of ur holdings" do you hear how silly you sound right now? them owning a literal war chest is a benefit. Ive retired myself, my family and my children will never have to work if they dont want to because of it. >Idiots buying XRP are just giving their money to Ripple Labs Except for the judge who specifically said they arent. so you know, theres that. >sure the price may go up or down, but in the long term, the only winners are Ripple Labs because they can sell these coins and keep the profits to grow their own business. made 8 digits and im somehow not a winner. lol #8 >One of the best gainers? It's all about the timescales you choose. for sure it depends entirely on what timescale you choose, thats why I specifically gave you a timescale. I dont think you would disagree that when people invest in crypto, there are ones that are "blue chips" and ones that are just straight up gambling. in general staying in the top 10-15-20 is usually a stronger idea which although still has major risks, would be "less" risky than buying a coin outside the top 100 for example. so as far as the "blue chips" its returns have been better in recent years. therefore I said what I said and it is correct. if you wanna argue about how 7.2 years ago the return is better for XYZ, you can keep walking because thats not my claim or an issue. Someone might want to sell you some $TRUMP. The only reason Ripple has gone up, like the majority of the market, is Bitcoin. Bitcoin is dragging everything up when it goes, and some pump, sure, but when bitcoin was breaking it's ATH's, Ripple still didn't surpass it's 2018 high. In 2018 when Bitcoin was £20k, Ripple hit near $4. In 21 when Bitcoin got just shy of $70k, Ripple was HALF it's ATH. When bitcoin hit $108k, Ripple still didn't reach it's ATH despite Bitcoin doing a 5x. Ripple was on it's arse before the last Bitcoin pump, while bitcoin was sitting around it's previous ATH. >Ripple still didn't surpass it's 2018 high. and yet its return was several % higher. because when you drop to 11 cents and then go to 3$ thats much better than going from 50k to 100k. >Ripple still didn't reach it's ATH despite Bitcoin doing a 5x. XRP* Ripple is the company, XRP is the asset. I know basics are confusing to you but I just cant help myself with correcting this one. You're right Ripple didnt break its ATH while bitcoin did a 5x. XRP however went from 11 cents to 3$, which is much more than 5x. so ur point is moot. remember when I said this was a prime lesson in https://en.wikipedia.org/wiki/Brandolini%27s_law#:%7E:text=Brandolini's%20law Also Im going to ask a 3rd time now (because I already know the answer) Provide a theoretical or practical example of the "centralization" that you claim is there. Show how Someone can doublespend Show how Someone can reverse transactions Show how Someone can create more XRP Show how Someone can censor a user from the network Show how Someone can force a code update on the network. You either can answer this basic question or are caught in a lie. put up or shut up

Crully

We're all dumber for having read your comments. 1. We didn't "cover it". your lot always repeat the lie that they were "gifted" the XRP and therefore didn't create it. It would be no different if I created a shitcoin, created a company, and then "gifted" it to the company I now own. Yeah technically I could claim "the company" didn't create it, but in reality its *the same fucking people*. It's shady af to make this dumb claim. Of course they would put it into a company to run to make it seem legit, otherwise people would look and see that 100% of the coins are owned by two dudes, who are flogging some other software to banks, and see it for the scam it is. Plus they'd end up having to pay tax on it when they sold it... 2. It was classed as a security, you always gloss over that part when claiming it's not a security, it's not a security if I go onto an exchange and buy $10 worth, that's pretty obvious, and you shouldn't use that argument to hide the fact that the judge did say their sales were a security. 3. Foot in the door, *for Ripple Labs not you*. Of their products, the main products they sell (or try) to banks do not require XRP. Fact. The fact that they can onboard a bank to use a product that doesn't require any XRP, and people cheer about it (when the price goes up on the good news), is evidence that they have no clue what's happening. Anyone buying XRP on the secondary markets is indirectly funding Ripple Labs separate business ventures, for none of the rewards. 4. They *did* freeze the transaction though, who wrote the software? Ripple Labs. Who requested the funds be frozen? Ripple Labs. Yeah, so someone else ran the gateway and actually froze it, but it proves it can be done. 5. Jed didn't "lose" the lawsuit, Ripple Labs got an order to freeze his money because he was selling and they were worried about the price (if that doesn't scare you it should). He got all his XRP back, and continued to sell it all off, as per the agreement he made with Ripple Labs, if he "lost" the lawsuit, I'm fairly sure that wouldn't have happened! 6. Congratulations, you understand DLT's, here's a participation medal. You can create a shitcoin in 5 minutes that has those properties. The fact they built a functioning DLT isn't new, or special. The fact it has some decentralised aspects, doesn't mean that Ripple Labs (the private company) doesn't have ultimate control over it, sure you can run a validator if you're a complete regard, but it serves no significant purpose. When Ripple Labs provides a list of "recommended" validators, and validators serve little purpose, it's easy to control, useful idiots that run them just help the lie that it's decentralised. 7. And lastly, nobody cares if they only have 43% of the total, they literally started with 80% of the supply, whatever they have left just goes to show how much people are willing to buy from them. I mean it's not even something to brag about, it's a *scary* thing for one private company to have such a huge amount. Idiots buying XRP are just giving their money to Ripple Labs, sure the price may go up or down, but in the long term, the only winners are Ripple Labs because they can sell these coins and keep the profits to grow their own business. 8. One of the best gainers? It's all about the timescales you choose. Someone might want to sell you some $TRUMP. The only reason Ripple has gone up, like the majority of the market, is Bitcoin. Bitcoin is dragging everything up when it goes, and some pump, sure, but when bitcoin was breaking it's ATH's, Ripple still didn't surpass it's 2018 high. In 2018 when Bitcoin was £20k, Ripple hit near $4. In 21 when Bitcoin got just shy of $70k, Ripple was HALF it's ATH. When bitcoin hit $108k, Ripple *still* didn't reach it's ATH despite Bitcoin doing a 5x. Ripple was on it's arse before the last Bitcoin pump, while bitcoin was sitting around it's previous ATH.

CorneliusFudgem

Considering it’s all gambling and people are willingly deciding to do it, would you say that casinos are examples of crime being legal? I don’t like memecoins (I think they’re a plague on DLT) but isn’t the application that anyone in the world can do anything they want with these systems, including using their money to speculate on assets built into each system (I use the term asset lightly because memecoins are shitcoins and they literally do nothing).

SunDreamShineDay

Could care less what you think, but I do care what the Head of Digital Assets at BlackRock thinks. >A Fundamental Valuation Framework For Cryptoassets - by Robert Mitchnick and Susan Athey Robert Mitchnick Head of Digital Assets at BlackRock >Robert Mitchnick serves as the Head of Digital Assets for BlackRock. He is a member of the Corp Exec-COO Executive team. Rob is responsible for driving BlackRock’s digital assets strategy, including working with internal business units to develop and execute on strategic initiatives involving distributed ledger technology (“DLT”) and digital assets. >Prior to joining BlackRock, Robbie spent time at CPP Investment Board in Public Markets and Private Investments, and at Ripple. During his time at Ripple, Robbie co-authored ‘A Fundamental Valuation Framework for Cryptoassets’ along with John Bates Clark medal winner Susan Athey. Susan Athey >Susan Àthey is an American economist. She is the Economics of Technology Professor in the School of Humanities and Sciences at the Stanford Graduate School of Business. Prior to joining Stanford, she has been a professor at Harvard University and the Massachusetts Institute of Technology(MIT) >Athey is the first female winner of the John Bates Clark Medal. She served as the consulting chief economist for Microsoft for six years, and was a consulting researcher to Microsoft Research. She is currently on the boards of Expedia, Lending Club, Rover, Turo, Ripple, and non-profit Innovations for Poverty Action. She also serves as the senior fellow at Stanford Institute for Economic Policy Research. She is an associate director for the Stanford Institute for Human-Centered Artificial Intelligence and the director of Golub Capital Social Impact Lab. I have included two sites where the paper can be found. https://drive.google.com/file/d/1cVucpmKVCQXQGwLQYMgDAQLT6MbubX33/view https://s3-us-west-1.amazonaws.com/fundamental-valuation-framework-for-cryptoassets/A+Fundamental+Valuation+Framework+for+Cryptoassets_June+2018.pdf

SunDreamShineDay

>but I’ll say it one more time and be done with it: XRP is overvalued trash, it accomplishes nothing, and is used solely for the founders to enrich themselves at the expense of cultish community members such as yourself. It justifies its price in no way and it does not have a long term future. Robert Mitchnick who is the Head of Digital Assets at BlackRock and Susan Athey the Economics of Technology Professor in the School of Humanities and Sciences at the Stanford Graduate School of Business 100% disagrees with you, and unless you can show higher credentials than them to back the validity of your opinion, I don’t care what you think. A Fundamental Valuation Framework For Cryptoassets - by Robert Mitchnick and Susan Athey Robert Mitchnick Head of Digital Assets at BlackRock >Robert Mitchnick serves as the Head of Digital Assets for BlackRock. He is a member of the Corp Exec-COO Executive team. Rob is responsible for driving BlackRock’s digital assets strategy, including working with internal business units to develop and execute on strategic initiatives involving distributed ledger technology (“DLT”) and digital assets. >Prior to joining BlackRock, Robbie spent time at CPP Investment Board in Public Markets and Private Investments, and at Ripple. During his time at Ripple, Robbie co-authored ‘A Fundamental Valuation Framework for Cryptoassets’ along with John Bates Clark medal winner Susan Athey. Susan Athey >Susan Àthey is an American economist. She is the Economics of Technology Professor in the School of Humanities and Sciences at the Stanford Graduate School of Business. Prior to joining Stanford, she has been a professor at Harvard University and the Massachusetts Institute of Technology(MIT) >Athey is the first female winner of the John Bates Clark Medal. She served as the consulting chief economist for Microsoft for six years, and was a consulting researcher to Microsoft Research. She is currently on the boards of Expedia, Lending Club, Rover, Turo, Ripple, and non-profit Innovations for Poverty Action. She also serves as the senior fellow at Stanford Institute for Economic Policy Research. She is an associate director for the Stanford Institute for Human-Centered Artificial Intelligence and the director of Golub Capital Social Impact Lab. I have included two sites where the paper can be found. https://drive.google.com/file/d/1cVucpmKVCQXQGwLQYMgDAQLT6MbubX33/view https://s3-us-west-1.amazonaws.com/fundamental-valuation-framework-for-cryptoassets/A+Fundamental+Valuation+Framework+for+Cryptoassets_June+2018.pdf

SunDreamShineDay

>What does xrp do better than the rest of crypto to justify that value? Perhaps Robert Mitchnick Head of Digital Assets at BlackRock and Susan Athey the Economics of Technology Professor in the School of Humanities and Sciences at the Stanford Graduate School of Business can help you with understanding why I believe XRP has value more than it’s current price. >A Fundamental Valuation Framework For Cryptoassets - by Robert Mitchnick and Susan Athey Robert Mitchnick Head of Digital Assets at BlackRock >Robert Mitchnick serves as the Head of Digital Assets for BlackRock. He is a member of the Corp Exec-COO Executive team. Rob is responsible for driving BlackRock’s digital assets strategy, including working with internal business units to develop and execute on strategic initiatives involving distributed ledger technology (“DLT”) and digital assets. >Prior to joining BlackRock, Robbie spent time at CPP Investment Board in Public Markets and Private Investments, and at Ripple. During his time at Ripple, Robbie co-authored ‘A Fundamental Valuation Framework for Cryptoassets’ along with John Bates Clark medal winner Susan Athey. Susan Athey >Susan Àthey is an American economist. She is the Economics of Technology Professor in the School of Humanities and Sciences at the Stanford Graduate School of Business. Prior to joining Stanford, she has been a professor at Harvard University and the Massachusetts Institute of Technology(MIT) >Athey is the first female winner of the John Bates Clark Medal. She served as the consulting chief economist for Microsoft for six years, and was a consulting researcher to Microsoft Research. She is currently on the boards of Expedia, Lending Club, Rover, Turo, Ripple, and non-profit Innovations for Poverty Action. She also serves as the senior fellow at Stanford Institute for Economic Policy Research. She is an associate director for the Stanford Institute for Human-Centered Artificial Intelligence and the director of Golub Capital Social Impact Lab. I have included two sites where the paper can be found. A worthy read. >https://drive.google.com/file/d/1cVucpmKVCQXQGwLQYMgDAQLT6MbubX33/view >https://s3-us-west-1.amazonaws.com/fundamental-valuation-framework-for-cryptoassets/A+Fundamental+Valuation+Framework+for+Cryptoassets_June+2018.pdf

antiwrappingpaper

Bro... you just sound like a straight idiot... I used BTC in 2011, they were called digital tokens by everyone that used them, and some called it e-gold (due to the previous iteration of a digital currency)... starting around 2014, everybody called it crypto. Then around 2015-2016 the notion of maxis was invented, and all the idiots that can't write 4 sentences together or can't even debug a simple error message from a code excerpt have decided that they're technically literate (hint: they're not...) You pretending that BTC is not a crypto because some maxis are trying to indoctrinate you to do so... just shows your lack of critical thinking skills. The technology underpinning it is the same DLT as all those shitcoins that you're talking about (with the only big difference being the UTXO, and even some other shitcoins have that). So let me repeat it for you lil bro... I used crypto to buy in-game items in 2011 and I use crypto now as well to trade. Let me know if you need me to repeat this for you, until you get it. You're the one new to crypto... clearly. You have much to learn.

antiwrappingpaper

Someone tell this person that BTC Core is a cryptographic DLT technology.... hence it is crypto. This person says to not hold Crypto... while holding Crypto... LMAO

maex_power

I agree and disagree. I do not buy into the BTC = store of value narrative. For me, it's just the first mover, the OG shit coin. I do believe that great tech is disruptive to everyone's life. However, it is not so much about the technology itself but about applying this technology. Application specific Blockchains that successfully cut out the middle man in processes everyone relies on is what the space needs to progress. Unfortunately we don't see a lot of projects attempting this, because they want to be the middle man to extract value. DLT is able to induce an economic paradigm shift when employed by projects that aim to create an egalitarian society. But the space is pushed by capitalists, not by visionaries.

futon_potato

Hi, also a software/database dev chiming in here. Few observations: * You list $ transaction volume daily as a success metric for these systems. SWIFT currently processes \~$4-5 trillion *daily.* * If the success metric is immutability or transparency, these can (and have) been implemented in traditional database systems for decades now * You've listed 3-4 "private/permissioned" blockchain implementations, each owned/operated/marketed by different banks. This is inherently antithetical to the core requirement of DLT: consensus. Each of these permissioned systems would have their own consensus mechanism/implementation that are either incompatible with each other *or* would require some bridge system (which is now outside of the closed consensus loop and defeats the purpose). * As a result of the above, if a company/org/individual decides to join JPMorgan's ecosystem for FX settlements, they're now automatically shut out of some other bank's The existence of these systems isn't an argument for the technology being better than traditional systems. It's more a result of institutions (mostly financial): * (a) hedging against traditional systems *just in case* and so that they don't fall behind * and (b) capitalizing on the ongoing hype in the sector Of the projects listed (and of those I've followed myself), the most promising is Canton as it aims to solve the 3rd problem I listed above (bridging consensus), but realistically that's still *years* out before I'd feel comfortable with my government adopting something like that. Elon's comment is nothing more than another attempt to pump his & TSLA's own crypto assets.

Long-Chemist3339

I get what you're saying and I do think you answer the question. My concern, ultimately in line with what you are saying, is at what point does bitcoin (broad hand for blockchain, DLT, or whatever you prefer to look at it as) stop being a tool for the underprivileged and bankless, and proceed to be a tool of the capitalist psychopathy that we are currently drudging through? Personally, I feel that we need to move beyond bitcoin even to a decentralized society that is not based on monetary functions.

Ricola63

The smell of corruption is so strong here it positively wreaks. I don’t dispute using DLT to manage government finances would be a good idea. I do question the suggestion that the man who has a platform would be allowed anywhere near the choice of the platform to run such a platform.

HSuke

Useful PoW is incredibly rare. All of the biggest PoW networks (e.g. Bitcoin, Doge, Litecoin) are not "useful" PoW. They're just hashing, and the byproduct of the hashing is completely useless. An example of "useful" PoW are the ones used by projects on BitTensor, which is a general-purpose Proof of Work DLT that attempts to create "useful" PoW flows. Each ML project is a different PoW protocol. Though just because it has utility doesn't mean it's a good investment.

oak1337

This guy deciding to start a revolution instead of make money. Who do you think will be the largest users of DLT? Hint: big corporations. And retail will follow unknowingly, like when they cash a coupon for Oreos and it is recorded on Hedera. Why not get rich and follow the money? Or you could be a contrarian and hold a bag of garbage like the other 99% of crypto.

CGI_OCD

This again... A company can be ISO20022 compliant, not a coin or blockchain/network. Ripple's CTO David Schwartz even confirmed it: XRP has nothing to do with ISO 20022. Ripple as a company may be part of the standards body and focuses on Distributed Ledger Technology (DLT), but that doesn’t mean XRP is compliant. It's a universal language for financial messaging, a way for banks and financial institutions to communicate more effectively. Designed to improve data quality and interoperability for international transactions. While it’s a big deal in traditional finance, the idea that cryptocurrencies are somehow “compliant” with it is a misunderstanding Dude. Implementing this standard isn't just flipping a switch; it's a massive undertaking that requires updating systems, training staff, and yes—being ready for regulators. This complexity can actually slow down the adoption of cryptocurrencies in mainstream finance.

HBAR_10_DOLLARS

I don't understand. This is a use case where the Hedera Hashgraph, acting as a best-in-class DLT, is functionally very useful and solving issues that existing solutions cannot. Any usage of the network brings value to HBAR, it's used to pay the fees.

Avocadomesh

But hyping up memes on this board is all okay. But how dare you speak about AI when it's a serious use case!! When are people gonna stop tribalism and break down their walls for an open conversation about DLT and what they are supposed to be used for!! When there is such a use case breakthrough in our industry we should be more supportive towards each other. Hbar is trying to add value to this world like it should be. They are state of the art technology, better start recognizing that.

CGI_OCD

How do you use it without redoing your KYC with a shady third party company like DLT Finance as German users are required to if they want to use it?

CGI_OCD

Same.. DLT Finance for me personally is too shady to manage my KYC proceedings and custody of all my positions on Krakens behalf. All you buy on Kraken will be held by them and not Kraken directly afaik. Nope thank you.

Longjumping-Bonus723

If you believe this, you're either very new or have very weak sources. There are tons of official projects, partnerships, governing council members, alliances, councils, government meetings, hirings of governments or banks etc. in crypto project, ties to regulations it's actually too much to keep track of. Here is a very good source for this kind of info: https://x.com/Tokenicer?t=JH8k6nBzfZgHk9eOHV61Yw&s=09 In 5 years so many businesses in so many different fields will use Blockchains / DLT

bitusher

> see lots of value in a currency which cannot be inflated, can be used to simultaneously settle15,000 (potentially 50,000) transactions in 4 seconds for $0.00003 (basically free) This is a common misconception many people have in the cryptocurrency ecosystem where they assume that traditional banking his held back for technical reasons or their "code" cannot handle more throughput . T+0 is very easy to achieve in settlement with banks , and the reason you have slower settlement times is not a technical one. >I just checked out that link and it hasn't even launched yet so that cant be counted on to work. That is not true . lightning wallets like breez and muun already use these >Do you truly believe Bitcoin is the best cryptocurrency or method to be used for payments? Yes >If so why is it better than literally everything else? Part of what makes very useful money is security , acceptability, trust, liquidity and bitcoin is far better in these regards >If not, which method do you see as a better vehicle for transactions? In some aspects fiat is more superior to bitcoin , but with more adoption this might change >I know why we have blocks in a block chain and thats pretty much it, I'd be happy to learn about the if you will explain. The only reason we have blocks in a blockchain and delay confirmations is due to proof of work to allow time for miners to provably burn enough energy into heat for security. PoS is insecure and lacks this but even if we were to assume it was as secure its absurd to add 3-5 seconds of latency when you should remove blocks with any PoS chain and simply confirm transactions as soon as a consensus of validation occurs. It is either for marketing reasons or ignorance that you deliberately use the wrong data structure in your protocol. This is why some projects use the term DLT instead.

HBAR_10_DOLLARS

Distributed Ledger Technology. Usually called "blockchain" but technically Hedera is not a blockchai - it runs on Hashgraph, which is fast, fair, and secure without sacrificing anything. All blockchains are a type of DLT, not every DLT is a blockchain

never_safe_for_life

What's DLT?

HBAR_10_DOLLARS

>So where’s the new set of ideas to take its place? Or even somebody legitimately pushing one of the old ones? Absent. Over on Hedera, the leader for enterprise adoption of DLT. That's why HBAR has pumped from rank 50 to rank 13 these past 2 months. https://hedera.com/

Wild-Carpenter-1726

DLT is the only sustainable way to Independent Currency

HeadlessHolofernes

This is nonsense and you haven't done a minimum of research on Hedera. In the Hedera network every node has an equal vote on every consensus. You can't just open this system from the beginning because you'd easily be flooded with malicious nodes and there's the mathematical threshold of 33% of malicious nodes that a decentralized network can sustain. This goes for every DLT. But while Hedera involves all nodes in the consensus process, all other networks only involve a tiny fraction of their nodes, depending either on their mining power or on their stake or on a leader. Both makes them by far more centralized than Hedera and most even prone to DOS attacks. They're not aBFT which is the actual game changer. Hedera will slowly roll out community nodes (still permissioned) soon after the GC has been filled. Then the permissionless journey will start. The focus of this process is to maintain a maximum of decentralization of the consensus in proportion to the network size as to keep the network safe. No single entity with no matter how many nodes shall ever control more than 2.5% of the network's consensus process. Also, the nodes are distributed over the whole world (not just "2-3 data centers"). Decentralization is the hardest part, but Hedera is the only network taking this step seriously.

jawni

>The big deal is that Hedera is key to make it happen. This project needs the scalability, security and affordability that currently nobody else can offer. yeah the quote is “Hedera’s enterprise-grade infrastructure, backed by a Council of global leaders like Dell Technologies, sets it apart from other blockchains by providing the scalability and security essential for bringing Verifiable Compute to market." Kinda sounds a lot like they just got a marketing pitch and they launched there, that does not give me the impression that Hedera is "key" but rather it checked the boxes and sounded good. >Also, it is not merely a 'use case'. It is actually happening. Use cases don't have to mean theoretical, it literally means it's a perfectly good use of crypto... >Since when was a blockchain or other DLT involved in anything even close to that? Helium, World Mobile, Hivemapper, Bittensor, Glow >And you have the nerve to dismiss it just like that lol. Ridiculous. I said "it's a perfect use case for crypto but not groundbreaking", I'm sorry if you took that as dismissing it. I guess my question for you is to genuinely give me your best guess at the answer to the question posed in the title, whether it was meant rhetorically or not.

Unlucky_Hearing5368

The big deal is that Hedera is key to make it happen. This project needs the scalability, security and affordability that currently nobody else can offer. Also, it is not merely a 'use case'. It is actually happening. Since when was a blockchain or other DLT involved in anything even close to that? Never. And you have the nerve to dismiss it just like that lol. Ridiculous.