DLT

HBAR_10_DOLLARS

This is one of my favorite writeups from an enterprise perspective. Dell (a Hedera governing council member) outlines some difficulties of enterprise DLT implementation and why it hasn't taken off yet. In the middle, they start talking about Hedera and how they make implementation easier. https://education.dell.com/content/dam/dell-emc/documents/en-us/2023KS_Todd-Bumpy_Landing-DLTs_in_a_Centralized_World.pdf?ref=biztoc.com

HBAR_10_DOLLARS

Look into Hedera - the only enterprise grade public DLT. Win the enterprise market, win it all.

coinfeeds-bot

tldr; Abrdn PLC, the UK's largest active wealth manager, has tokenized its interests in the Aberdeen Standard Liquidity Fund on Hedera Hashgraph's platform, in collaboration with Archax, a regulated digital asset exchange. This marks Abrdn as the first major UK asset manager to issue a tokenized security, leveraging Hedera Hashgraph's DLT technology. Concurrently, EVM developers have introduced a new improvement proposal to enhance Hedera's functionality, specifically enabling the granting of allowance and approval for 'hbars', Hedera's native cryptocurrency. This development aims to improve the developer experience and expand potential use cases for smart contracts on the Hedera network. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

HBAR_10_DOLLARS

Yes, it will. I appreciate your personal experience but I think you were simply too early and should reconsider your outlook. You're right that blockchain is clunky and expensive, but I would recommend you do some research into Hedera, the only enterprise-grade DLT, which isn't actually a blockchain at all but uses the novel hashgraph consensus. Literally the first and only enterprise application in the world to do thousands of TPS (or even hundreds of TPS) on a public network runs on Hedera - the atma.io application by Avery Dennison. They are currently doing about ~1700 TPS, each one with a fixed USD cost of $0.0001. The key part of Hedera is that it's not governed by anonymous whales but instead by a council of leading enterprises and organizations, so it's built from the ground up to support the most complex use cases and requirements. There has, quite literally, never been a truly enterprise-grade public DLT before Hedera, so I totally believe that your had poor experiences trying to use blockchains in enterprise. But zoom out and you will find dozens, hundreds of enterprises building on Hedera, and the use cases are going live in 2024 and especially 2025. Just last month it was announced (by a 3rd party) that Exxon, Chevron, Saudi Arambo, Shell, and others all teamed up to create an emissions tracking platform with Hedera as the core technology: https://www.businesswire.com/news/home/20240312069842/en/Blockchain-for-Energy-Unveils-their-B4ECarbonTM-Emissions-Management-Solution >At the heart of B4ECarbon is the consortium's proprietary digital Measurement, Reporting, and Verification (dMRV) technology, which facilitates tokenizing emissions-related data. This innovative approach ensures unparalleled emissions data accuracy, immutability, and comparability. The dMRV is built on Hedera Hashgraph's advanced distributed ledger technology, offering a secure and efficient decentralized infrastructure for data management and transparency. This eliminates the potential for greenwashing and fraud in emissions claims.

maex_power

What you dont see is that it is not as relevant what current companies want. The technology enables new companies or DAOos to emerge that have an advantage over established companies as they are centered around the User, rather than around maximizing profits. DLT will Bring humanity closer to the marxist Prophecy of capitalism destroying itself. It enables devs to build products that do Not need to deliver profits. It is sufficient for a Product to be used so that the coin/token that the devs receive at ico appreciate in value, therby making it Worth the Investment from a capitalist standpoint.

Original-Assistant-8

Didn't say they are business models. They can have business utility. DLT to tell you how many bitcoin you have is really pretty basic.

HeadlessHolofernes

This has nothing to do with the protocol, but it's a governance decision. A sensible one in my opinion if you plan to become the de facto enterprise DLT. But you do you.

HeadlessHolofernes

Is this supposed to be an example of an enterprise grade industry use case of a DLT? It's not.

antiwrappingpaper

The backdraws of Hashgraph are in the mainly in the "D" of DLT tech it's supposedly revolutionizing. While it is indeed more performant than a blockchain, it is way more resource intensive and expensive to sustain, requiring a level of centralization ultimately by design. Hashgraph is way more resource intensive than even Solana... it can only exist through centralized-managed subsidies. Also, Hashgraph is not open-source... we can only speculate on what the tech can do and what it requires based on real-world tests/results/analytics, but you can't actually firmly tell what the code does because it's intentionally closed-source.

HBAR_10_DOLLARS

Hedera is the only enterprise-grade public DLT, built from the ground up to support enterprise requirements for mass DLT adoption. It has currently done more transactions than the rest of crypto combined, all while having cheap fixed USD fees and not dropping any transactions. Hedera is the clear network of choice for mass adoption (this is a fact; DYOR on what they have been doing). This sub will tell you it’s too centralized, but remember, inverse this sub always because they don’t know what they are talking about and will let their ego get in the way of their gains. The network that reaches mass adoption will print millionaires. The most recent news from Hedera? Last month it was announced that Chevron, Exxon, Shell, Saudi Aramco, and others got together and built an emissions tracking platform with Hedera as the core technology. We get news like this on the regular over at Hedera https://www.businesswire.com/news/home/20240312069842/en/Blockchain-for-Energy-Unveils-their-B4ECarbonTM-Emissions-Management-Solution

coinfeeds-bot

tldr; The article discusses the Zenon Network, described as an end-to-end solution for Bitcoin scalability, which goes beyond being just a layer-2/sidechain. It introduces a standalone, feeless, dual DLT layer 1 architecture that solves the blockchain trilemma and features a hybrid Proof-of-Stake and Proof-of-Work system. Zenon Network aims to address Bitcoin's scalability issues with innovative concepts like adaptive smart contracts and steganography based NFTs, offering a more efficient, decentralized, and user-friendly alternative to the Lightning Network for Bitcoin transactions. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

HBAR_10_DOLLARS

It’s the clear DLT of choice for mass enterprise adoption. What do you think will happen to the price of the first DLT that is mass adopted?

HBAR_10_DOLLARS

Check out Hedera, the only enterprise-grade public DLT. abrdn, the largest asset manager in the UK, is tokenizing money market funds and others https://www.abrdn.com/en-gb/corporate/news-and-insights/how-tokenization-and-blockchain-is-changing-money-market-funds

Known_Syllabub_8334

Radix DLT is everything what bitcoin originally set out to be- a decentralised global financial network. But faster, better and more secure.

Patient_Delivery_376

I dont't assume you are a liar, I know you are a liar and I gave the reason why you are a liar above! Can't you even read properly?! Now, there's no different definitions of consensus. There's only one! What do you think the 'D' from DLT stand for and what does the 'crypto' from cryptocurrency stand for? Why do you think Nakamoto became so famous in the areas of Cryptography and Distributed Systems? Not only you don't know the basics, but you don't even know the history of something you wanna talk about. And you want me to get into a stupid circular reasoning with you?! Got get some education, you will need it!

ThinCrusts

Cause it's a token designed for IoTs and has no fees from what I recall so it can be useful when you want to send out lots of information quickly. Idk it's been at least a few years since I kept up with their project but it's certainly a very interesting approach to the whole DLT idea.

plushpaper

My worst is Litecoin, my best is HBAR by Hedera Hashgraph. Hedera is the future of DLT, just check out r/Hedera to see for yourselves, it’s at least worth a look.

fake_review

I‘m kinda deep in the tech of each coin and DLT itself, and just learn a little more about the MAs, bands, crosses etc. But on a long term it‘s quite impossible to set what seems like realistic price targets in relation to the halving cycle, at least for me. It feels like we are way too high up already for this moment in time.

Perfect_Ability_1190

Credit unions have gone in a different direction than banks due to different regulatory regimes. While most TradFi depository institutions stand to benefit from utilizing digital assets and DLT, the bank regulators have been resistant. NCUA, the credit union regulator, has taken a pro-innovation stance. Hear how America's 4,600 credit unions are partnering with the crypto industry (and making more non-interest income to boot): lending against digital assets, utilizing stablecoins, providing custody services, tokenizing assets, even founding crypto-native credit unions.

fake_review

I love this post. "The Internet Backbone" sounds powerful af, so full of confidence that web3 and DLT will fully take over soon.

Cryptocounting

Logically, that’s just survivor bias though. First-mover advantage and name recognition are the main drivers of the price action. Don’t get me wrong, I hold zero BCH, only BTC, but you can’t tell me 99% of retail understand the technical complexities of block sizes and lightning. They just know BTC and think of the rest as weird variants. It’s still concerning to see Mow defend centralised solutions, it’s squarely against the philosophy of crypto and DLT overall.

HSuke

This isn't mass adoption, and I don't think this particular CBDC counts as a cryptocurrency since no DLT is used.

coinfeeds-bot

tldr; Distributed Ledger Technology (DLT) is crucial for future success in various sectors, particularly in finance and environmental sustainability. DLT enhances decentralized finance (DeFi), improves payment efficiency, and extends financial services to unbanked populations. It also plays a significant role in addressing climate change by enabling accurate tracking and reporting of carbon emissions, thus preventing greenwashing. The convergence of DeFi and traditional finance, facilitated by DLT, promises to democratize access to wealth opportunities and improve the financial system for both institutions and individuals. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Perfect_Ability_1190

Blockchain technology sets out to enable individual collaboration and allow societies to play a part in determining the future of technological innovation. DLT, for instance, has created new trust layers that enable individuals, enterprises, and governments to generate collective social impact without the risk of bad actors acquiring influence. Many large asset managers are working on projects to test the potential for using [tokenization] to move cash and securities more efficiently. From their perspective, the transformation of financial assets into tokens and the use of distributed ledgers to manage transfers could lead to a substantial reduction in time and expense,” analyst at the Coalition Greenwich wrote. DLT plays a vital role in preventing greenwashing attempts by organizations, an issue that has grown in relevance due to difficulties in verifying if companies are adhering to sustainability goals. Because data is publicly available on the distributed ledger, organizations can’t falsify their carbon footprint or make unbacked claims about their sustainability efforts,” Adkins emphasized.

RedKe

Is this the same Radix? Is this site off on the developer count? Just wondering why so few developers if it is so developer friendly 🤔 https://app.artemis.xyz/developer-activity?ecosystemValue=Radix+DLT

Fun_Excitement_5306

No Radix.... Optimistically, because they realise that Radix isn't actually a L1 Blockchain, it's a L1 DLT sure, but not a L1 Blockchain

coinfeeds-bot

tldr; Hedera Hashgraph (HBAR) stands out in the Distributed Ledger Technology (DLT) space with its unique Directed Acyclic Graph (DAG) architecture and consensus mechanism, challenging traditional blockchain frameworks. It offers scalability, security, and efficiency, with a governance model backed by global institutions like Google and Boeing. Hedera's predictable fee structure and high transaction throughput make it attractive for developers and enterprises. Its governance model, which will gradually open to broader participation, and its potential for real-world applications across various industries, position Hedera as a promising contender in the digital currency space, potentially revolutionizing DLT. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Perfect_Ability_1190

In the evolving landscape of Distributed Ledger Technology (DLT), Hedera Hashgraph (HBAR) emerges as a beacon of innovation, challenging the conventional blockchain framework. Unlike its predecessors, Hedera Hashgraph introduces a novel architecture, a Directed Acyclic Graph (DAG), coupled with a unique consensus mechanism.

exitof99

I had a client offer to pay me $100 worth of BTC(probably around 100 BTC) back around then. I looked into it, but the whole thing seemed confusing and hard to convert to USD. I believe I said to just pay USD, but part of me wonders if I did accept some part of it in BTC. When I did eventually get into crypto, I remember that client's offer. I've tried searching my old email archives for any reference to BTC, but never found it. I think the email may have been on one of my old Mac G3s, and I'm doubting that the hard drive would still spin up to check. I do have DLT tape backups, though. What I tell myself is that had I accepted the payment, I probably would have converted it to USD immediately anyway, so no magic millionaire situation for me. I'm plenty sold off their old BTC when it hit $10, $100, or $1000 for the first time.

Tlux0

This is a discussion about the general context of BTC. My comment was clearly about how the world perceives BTC's adoption as a technology because that is what is actually pertinent to the discussion and claim. Please stop gaslighting. I care about every side. I was making my point that I have tangible evidence that your stance is wrong. Not every part of government hates crypto. Obviously it has supporters too--that is how politics works. But it is a chess game and it depends on who is in power, where. They want to undecentralize crypto and then make DLT widespread. It's similar to the CBDCs they're building. This isn't hard to understand.

coinfeeds-bot

tldr; The Digital Euro Association (DEA) has announced a partnership with The HBAR Foundation, a key player in the Hedera network ecosystem, to advance decentralized ledger technology (DLT). This collaboration aims to foster innovation in the digital currency landscape, aligning with DEA's mission to enhance the understanding, adoption, and development of stablecoin and central bank digital currency (CBDC) initiatives. The partnership highlights both organizations' commitment to a sustainable and efficient digital currency ecosystem, leveraging Hedera's low carbon footprint and high-performance technology. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

CointestMod

#Hedera Con-Arguments Below is a Hedera con-argument written by a deleted user. > Hedera Hashgraph is Delware Limited Liability Company. > > **It's also a Directed Acyclic Graph DLT that uses a leaderless asynchronous BFT algorithm with virtual voting.** This is the same as Fantom, which is also a a Directed Acyclic Graph DLT that uses a leaderless asynchronous BFT algorithm with virtual elections. The main difference between the two is that Hedera is governed by a permissioned Council of 26 (up to 39) while Fantom is mostly decentralized. > > Hedera has [3-5 second deterministic finality](https://hedera.com/hbar), which is noticeably slower than Fantom's 2-second finality, but is still very fast. > > Hedera was launched in 2019 as a centralized DLT targeting institutional and enterprise companies. It is not meant for the retail sector and has almost no DeFi activity. > > ##Semi-Centralized Proof-of-Authority DLT > > - Hedera uses **Proof-of-Authority** (PoA). It has [semi-centralized governance](https://docs.hedera.com/guides/core-concepts/hashgraph-consensus-algorithms) controlled by the 26 (up to 39) members of the governing council, made up of [publicly-known companies](https://docs.hedera.com/guides/mainnet/mainnet-nodes), and the 7 board of directors. The council each control their own permissioned validator used for consensus. > - New members of the [council are approved by majority vote](https://files.hedera.com/Hedera_COUNCIL-OVERVIEW_2022_JUNE.pdf), and existing ones may be removed by 2/3 vote. Council members can serve 3-9 years consecutively before they have to take a 3-year break. > - There are barely any public details about the staking power of any of the nodes. There is also a Nothing-at-Stake issue because there is no slashing or economic punishments. They may get kicked kicked off the council for misbehaving, but there's no economic disincentive. > - The code was proprietary software that no one was allowed to fork, and it was closed source up until 2022. > - Its nodes have extremely [high enterprise-level requirements](https://docs.hedera.com/guides/mainnet/mainnet-nodes/node-requirements). 5 TB NVMe drives, a $10K NVIDIA Telsa V100 GPU, a 1 Gbps sustained network, Google Cloud Compute Engine VM. These specs are so high that they completely outclass Solana validator requirements. > - Every node has a dedicated GCP IP address, making Google Cloud Platform a possible a single point failure for outages. > > Hedera is designed to be controlled by a conglomerate. Hedera supporters truly believe that is still considered decentralized because they do not believe it's likely publicly-known companies will collude and misbehave. I do not think that design fits well with the crypto community, but acknolwedge that there is a niche community that embraces Proof-of-Authority. > > ##Untrustworthy documentation > > * Much of Hedera's documentation isn't based on the current state of Hedera Hashgraph, but on its ideal state. > * It says it has [a fully decentralized governing body](https://hedera.com/prescription)", which is misleading since they use a 26-member pre-authorized Governing Council. > * It calls itself a "[proof-of-stake public distributed ledger](https://hedera.com/learning/hedera-hashgraph/what-is-hedera-hashgraph)", but it's actually controlled by the governing council and uses Proof-of-Authority. The public hasn't been able to stake (other than the questionable "proxy staking") on it since Hedera's launch 3 years ago. > * For comparison, VeChain is more decentralized than Hedera Hashgraph with its 101 authority nodes and [publicly-available data on their nodes](https://vechainstats.com/authority-nodes/). But at least VeChain is honest about being Proof-of-Authority and even calls itself a [compromise between centralization and decentralization](https://docs.vechain.org/thor/learn/proof-of-authority.html) in their documentation. > * **Real Throughput**: 10K TPS is extremely misleading because it doesn't take into account EVM smart contracts. It published those metrics in 2019, when the smart contact throughput [was 10 TPS](https://ercwl.medium.com/hedera-hashgraph-time-for-some-fud-9e6653c11525), and that was the throughput for Hedera up until Smart Contracts 2.0 released in early 2022. > * Unfortunately, there are no good real estimations for max throughput because Hedera lacks dApps and is a ghost town. It's not congested and regularly sees 5-30 TPS without dApps, so it doesn't get pushed to its limits. With the introduction of Hedera Token Service, Hedera has now somewhat caught up to the misleading documentation it had for 3 years. HTS has an upper limit of 10K TPS, but not everything is going to use it, and [smart contract transactions are throttled at 350 TPS](https://docs.hedera.com/guides/mainnet). Some actions, like TopicCreate and AccountCreate transactions on Hedera are down to 2-5 TPS. We don't know what a real performance is going to look like until Hedera builds up its DeFi presence. What we do know is that it's going to be well below 10K TPS and that it was dishonest with throughput documentation prior this year. > > > ##Horrible Tokenomics > > - There is 38% expected supply inflation in 2022, 50% inflation in 2023, and a [whopping 83% inflation in 2024](https://messari.io/asset/hedera-hashgraph/profile/supply-schedule). I'm very skeptical that the retail sector investing in Hedera is aware of how quickly the circulating supply is increasing and has priced that in. > - Only 42% of the supply has currently been released, guaranteeing high inflation for years down the line > - Hedera very likely passes the Howey Test and would be considered a security asset. It is controlled by a council of 26 companies with a large investment of staked HBAR. Holders of HBAR have an expectation of profit derived from the work of Hedera Hashgraph. > - Nearly [50% of the supply](https://messari.io/asset/hedera-hashgraph/profile/supply-schedule) has gone to employees and the foundation. The majority of the rest (40%) is going to the Hedera Treasury. > - The tokenomics a lot like a giant cash grab ICO that will have years of high inflation. That's extremely scary for a retail investor. > - The 50B token maximum should not be trusted at all and likely will not hold. Those validator nodes that control governance are not cheap and will not run themselves freely once the supply limit is reached. By putting an arbitrarily-high supply, they've simply pushed governance change for tokenomics to be dealt with in the future. > > ##Other > > - DeFi is practically non-existent on Hedera, not surprising since it was built centralized. According to both DefiLlama and DappRadar, Hedera has only one notable DeFi project: Stader. Hedera's [total DeFi TVL of $40M](https://defillama.com/chain/Hedera) is less than 1000x smaller than [Ethereum's](https://defillama.com/chains) and 25x smaller than the nearly-identical Fantom's, which has over 100 DeFi projects on it. > - Hedera uses a [predictable fee schedule](https://docs.hedera.com/guides/mainnet/fees). Token transfers are very cheap at $0.0001. Smart contracts gas fees are considerably more expensive at $0.05 to $1. That's actually really expensive for a 25-node centralized service, but the high fees aren't too surprising because it uses EVM, which is known to be inefficient. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_hedera) to find submissions for other topics.

CointestMod

#Hedera Pro-Arguments Below is a Hedera pro-argument written by a deleted user. > Hedera Hashgraph is Delware Limited Liability Company. > > **It's also a Directed Acyclic Graph DLT that uses a leaderless asynchronous BFT algorithm with virtual voting.** Hedera is governed by a permissioned council of 26 (up to 39) companies. It was launched in 2019 as a centralized DLT targeting institutional and enterprise companies. It is not meant for the retail sector and has almost no DeFi activity. > > I had to dig pretty hard to find Pros arguments for Hedera. > > **High performance** > > - Hedera has [3-5 second deterministic finality](https://hedera.com/hbar), which is very fast. > - Hedera [was a 10 TPS smart contract network](https://ercwl.medium.com/hedera-hashgraph-time-for-some-fud-9e6653c11525), but that changed after Smart Contracts 2.0 and Hedera Token Service were released in early 2022. Its network is currently not congested and regularly sees 5-30 TPS without dApps, so it doesn't get pushed to its limits. HTS has an upper limit of 10K TPS with [smart contract transactions throttled at 350 TPS](https://docs.hedera.com/guides/mainnet). Theoretically, that is very fast, but keep in mind that we don't have any real metrics of what Hedera's network would look like under full DeFi load. > - Hedera uses a [predictable fee schedule](https://docs.hedera.com/guides/mainnet/fees). Token transfers are very cheap at $0.0001. Smart contracts gas fees are considerably more expensive at $0.05 to $1 depending on the contract, but that's still cheaper than Ethereum (as long as the Hedera network is being subsidized by high inflation). > - Hedera has [extremely low energy consumption](https://hedera.com/blog/power-transition-blockchain-sustainability-hedera-hashgraph), using up ~1% of the energy consumption of the average US household. > > **Strong niche following** > > - Hedera is a **Proof-of-Authority** (PoA) network. It has [semi-centralized governance](https://docs.hedera.com/guides/core-concepts/hashgraph-consensus-algorithms) controlled by the 26 (up to 39) members of the governing council, made up of [publicly-known companies](https://docs.hedera.com/guides/mainnet/mainnet-nodes), and the 7 board of directors. The council members each control their own permissioned validator used for consensus. > - The concept of being controlled by a conglomerate of tech companies clashes with the cypherpunk movement. **However, Hedera supporters truly believe that this is the ideal decentralized network because they believe a > consortium of publicly-known companies will never collude and misbehave, risking damage to reputation.** There aren't many PoA networks of this design, so it barely has any direct competitors. It has cornered this niche market. After visiting the Hedera sub, it is evident that they truly love their network and will defend it to the bone. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_hedera) to find submissions for other topics.

Perfect_Ability_1190

“We’re excited to share that Pyth Price Feeds are now available to all Hedera developers. DeFi devs now have permissionless access to 400+ financial data feeds to utilize in smart contract applications, empowering community builders to create the next generation of DLT-enhanced financial services.” HBAR Foundation

Perfect_Ability_1190

This week Hitachi is issuing a 5 year, 10 billion Yen ($69 million) digital green bond. In addition to issuing the unsecured tokenized bond, Hitachi developed the technology used to track the green credentials. It created the green credential tracking solution in conjunction with JPX, the Tokyo Stock Exchange owner. They are part of a consortium that includes Nomura and Nomura-founded DLT platform BOOSTRY.

theshonufff

Hbar will be THE TRUST LAYER. It is the chosen one. Tech is next generation DLT and they have the metrics and Governing Council to back it up. Long term it's going to flip Eth and Bitcoin. I regularly DCA into this and Saucerswap, which will be the next Uniswap once Hedera takes off. Also lots of LEGIT projects in the Hedera ecosystem that will take off as well once Hedera establishes itself as the premier Layer 1. Web3 will be BUILT ON HEDERA.

Perfect_Ability_1190

This partnership prepares users for access to Mastercard Payment Gateway Services (MPGS) and other future projects from Hedera Foundation, such as their cutting-edge Web3 and digital asset solutions. This integration is a tactical step in improving Hedera’s usability and interoperability. FreshSupplyCoAu’s move is prepared to open up new pathways of efficiency, accessibility, and value for both individual users and enterprises by bridging the gap between decentralized blockchain technology and conventional financial infrastructure. Hedera’s integration with banking procedures opens up the possibility of frictionless international trade, safe payments, and a wider range of financial services. A powerful potential to reimagine how value is shared, tracked, and managed in the digital age exists when the power of blockchain technology is combined with traditional financial frameworks. US Government Recognizes Hedera According to a news release issued by the US Department of State, Hedera was honored for its commitment to using blockchain technology to advance democratic principles. Hedera said that it would host a democracy roundtable discussion with businesses, trade associations, advocacy groups, academics, and government representatives to discuss how distributed ledger technology (DLT) may assist promote transparency and protect civic rights.

HBAR_10_DOLLARS

Not true at all. I’m balls deep in the ecosystem and Hedera partners frequently tout key features of the network such as the governance, fixed USD fees, security, and fair ordering. Just an example: https://www.abrdn.com/en-gb/corporate/news-and-insights/public-blockchain-set-to-deliver-greater-innovation-in-2024 >Last year, abrdn joined the governing council of Hedera Hashgraph, a public/permissioned enterprise DLT run by some of the world’s leading companies, that offers speed and security at extremely low fixed dollar costs. Earlier this year, abrdn’s money market funds became available in token form through UK regulated digital assets firm Archax. By using Hedera, abrdn is preparing for a future where investors buy and take custody of their tokenized assets and can trade across multiple platforms.

jeeptopdown

Ok, you were right and I was wrong. There are plenty of enterprise grade examples of real world adoption use case spread out over a wide variety of public DLT’s and anyone in the crypto sphere can easily name a handful of them. The fact that Hedera is the only one running live use cases with any real volume is of little note. Have a great day!

jeeptopdown

That looks interesting. But they are currently cranking out less than 1 transaction per second. Perhaps I should have reworded - Hedera is the only public DLT that can handle high throughput enterprise use cases.

Perfect_Ability_1190

Yup, Saudi's $250M Tech Innovation Boost with Hashgraph & also Mondelēz International Joining Hedera Council to Accelerate DLT Adoption, Digital Transformation, and Improved Business Efficiencies

CointestMod

#Hedera Con-Arguments Below is a Hedera con-argument written by a deleted user. > Hedera Hashgraph is Delware Limited Liability Company. > > **It's also a Directed Acyclic Graph DLT that uses a leaderless asynchronous BFT algorithm with virtual voting.** This is the same as Fantom, which is also a a Directed Acyclic Graph DLT that uses a leaderless asynchronous BFT algorithm with virtual elections. The main difference between the two is that Hedera is governed by a permissioned Council of 26 (up to 39) while Fantom is mostly decentralized. > > Hedera has [3-5 second deterministic finality](https://hedera.com/hbar), which is noticeably slower than Fantom's 2-second finality, but is still very fast. > > Hedera was launched in 2019 as a centralized DLT targeting institutional and enterprise companies. It is not meant for the retail sector and has almost no DeFi activity. > > ##Semi-Centralized Proof-of-Authority DLT > > - Hedera uses **Proof-of-Authority** (PoA). It has [semi-centralized governance](https://docs.hedera.com/guides/core-concepts/hashgraph-consensus-algorithms) controlled by the 26 (up to 39) members of the governing council, made up of [publicly-known companies](https://docs.hedera.com/guides/mainnet/mainnet-nodes), and the 7 board of directors. The council each control their own permissioned validator used for consensus. > - New members of the [council are approved by majority vote](https://files.hedera.com/Hedera_COUNCIL-OVERVIEW_2022_JUNE.pdf), and existing ones may be removed by 2/3 vote. Council members can serve 3-9 years consecutively before they have to take a 3-year break. > - There are barely any public details about the staking power of any of the nodes. There is also a Nothing-at-Stake issue because there is no slashing or economic punishments. They may get kicked kicked off the council for misbehaving, but there's no economic disincentive. > - The code was proprietary software that no one was allowed to fork, and it was closed source up until 2022. > - Its nodes have extremely [high enterprise-level requirements](https://docs.hedera.com/guides/mainnet/mainnet-nodes/node-requirements). 5 TB NVMe drives, a $10K NVIDIA Telsa V100 GPU, a 1 Gbps sustained network, Google Cloud Compute Engine VM. These specs are so high that they completely outclass Solana validator requirements. > - Every node has a dedicated GCP IP address, making Google Cloud Platform a possible a single point failure for outages. > > Hedera is designed to be controlled by a conglomerate. Hedera supporters truly believe that is still considered decentralized because they do not believe it's likely publicly-known companies will collude and misbehave. I do not think that design fits well with the crypto community, but acknolwedge that there is a niche community that embraces Proof-of-Authority. > > ##Untrustworthy documentation > > * Much of Hedera's documentation isn't based on the current state of Hedera Hashgraph, but on its ideal state. > * It says it has [a fully decentralized governing body](https://hedera.com/prescription)", which is misleading since they use a 26-member pre-authorized Governing Council. > * It calls itself a "[proof-of-stake public distributed ledger](https://hedera.com/learning/hedera-hashgraph/what-is-hedera-hashgraph)", but it's actually controlled by the governing council and uses Proof-of-Authority. The public hasn't been able to stake (other than the questionable "proxy staking") on it since Hedera's launch 3 years ago. > * For comparison, VeChain is more decentralized than Hedera Hashgraph with its 101 authority nodes and [publicly-available data on their nodes](https://vechainstats.com/authority-nodes/). But at least VeChain is honest about being Proof-of-Authority and even calls itself a [compromise between centralization and decentralization](https://docs.vechain.org/thor/learn/proof-of-authority.html) in their documentation. > * **Real Throughput**: 10K TPS is extremely misleading because it doesn't take into account EVM smart contracts. It published those metrics in 2019, when the smart contact throughput [was 10 TPS](https://ercwl.medium.com/hedera-hashgraph-time-for-some-fud-9e6653c11525), and that was the throughput for Hedera up until Smart Contracts 2.0 released in early 2022. > * Unfortunately, there are no good real estimations for max throughput because Hedera lacks dApps and is a ghost town. It's not congested and regularly sees 5-30 TPS without dApps, so it doesn't get pushed to its limits. With the introduction of Hedera Token Service, Hedera has now somewhat caught up to the misleading documentation it had for 3 years. HTS has an upper limit of 10K TPS, but not everything is going to use it, and [smart contract transactions are throttled at 350 TPS](https://docs.hedera.com/guides/mainnet). Some actions, like TopicCreate and AccountCreate transactions on Hedera are down to 2-5 TPS. We don't know what a real performance is going to look like until Hedera builds up its DeFi presence. What we do know is that it's going to be well below 10K TPS and that it was dishonest with throughput documentation prior this year. > > > ##Horrible Tokenomics > > - There is 38% expected supply inflation in 2022, 50% inflation in 2023, and a [whopping 83% inflation in 2024](https://messari.io/asset/hedera-hashgraph/profile/supply-schedule). I'm very skeptical that the retail sector investing in Hedera is aware of how quickly the circulating supply is increasing and has priced that in. > - Only 42% of the supply has currently been released, guaranteeing high inflation for years down the line > - Hedera very likely passes the Howey Test and would be considered a security asset. It is controlled by a council of 26 companies with a large investment of staked HBAR. Holders of HBAR have an expectation of profit derived from the work of Hedera Hashgraph. > - Nearly [50% of the supply](https://messari.io/asset/hedera-hashgraph/profile/supply-schedule) has gone to employees and the foundation. The majority of the rest (40%) is going to the Hedera Treasury. > - The tokenomics a lot like a giant cash grab ICO that will have years of high inflation. That's extremely scary for a retail investor. > - The 50B token maximum should not be trusted at all and likely will not hold. Those validator nodes that control governance are not cheap and will not run themselves freely once the supply limit is reached. By putting an arbitrarily-high supply, they've simply pushed governance change for tokenomics to be dealt with in the future. > > ##Other > > - DeFi is practically non-existent on Hedera, not surprising since it was built centralized. According to both DefiLlama and DappRadar, Hedera has only one notable DeFi project: Stader. Hedera's [total DeFi TVL of $40M](https://defillama.com/chain/Hedera) is less than 1000x smaller than [Ethereum's](https://defillama.com/chains) and 25x smaller than the nearly-identical Fantom's, which has over 100 DeFi projects on it. > - Hedera uses a [predictable fee schedule](https://docs.hedera.com/guides/mainnet/fees). Token transfers are very cheap at $0.0001. Smart contracts gas fees are considerably more expensive at $0.05 to $1. That's actually really expensive for a 25-node centralized service, but the high fees aren't too surprising because it uses EVM, which is known to be inefficient. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_hedera) to find submissions for other topics.

JackRipster

Crypto will in the fabric of everything. Virtually every will be on or tracked with blockchain/DLT. Think an item manufactured is tokenized and every step recorded counterfeits are virtually eliminated. Instant payments can be made while products move through the supply chain with smart contracts freeing up capital. Loans could be instantly made on taking possession of those products. While all that is happening on the supply chain its possible to track CO2 costs and instantly associate a carbon credit to make it carbon neutral. The carbon market itself can be verified much the same way to ensure against green washing and dodgy projects selling credits. A potential customer for an item can scan the QR code and get everything from where materials were sourced, the steps in the process, validation its from the manufacturer to how to care for the product, its details, warrantees and service info. And all thats just supply chain. Check out [atmia.io](https://atmia.io) from Avery Dennison, they're doing that right now on Hedera and see how that all flows into Hedera's Guardian service (carbon markets). Then theres tokenizing real world assets such as property and financial instruments. See Toko from DLA Piper and then data provenance for IOT, AI and machine learning. They need to know the data is not tampered with, again achievable with DLT. See DELL edge computing and EQTYLAB all building their use cases on Hedera. You'll only hear about colorful NFTs and defi because that all 95% of networks can do, dont ne fooled the big players are building it all out right now under our noses but people cant see past monkey pics.

nottobetakenesrsly

Have to read the letter. Not the vague tweet. The main thrust is to allow banks to use what they're calling "DLT" (to develop their own "distributed ledger technology", using *permissioned* databases). The current definition in SAB121 being too broad for them to go and dabble. There's only a brief nod towards the custody of crypto assets (argument that it's better off performed by regulated banks, and not non-bank corporations), but that's also likely in regards to the "assets" the banks may wish to create. >Narrow the definition of “crypto-assets” to clarify and confirm the exclusion of certain asset types and use cases. SAB 121 is premised on the risks posed exclusively by cryptocurrencies, and **traditional financial assets recorded or transferred using blockchain networks should be excluded because they do not present the same risks as cryptocurrencies;** the use of DLT does not change the underlying nature or risk of traditional assets. Moreover, certain exclusions for products wherein the underlying activity relates to the offering of a Commission-approved product should be clarified. ..and a classic for banks; balance sheet capacity. Anything that can be pushed off balance sheet will be lobbied for: >Exempt banking organizations from on-balance sheet treatment but maintain the disclosure requirements: ...**Balance sheet disclosure may be appropriate where the controls are not adequate to protect investors from the risk of custodied assets, which is not the case for banking organizations that are subject to robust oversight from the federal banking agencies.** The required disclosures in the answer to the second question are broad and may include disclosures in the description of business, risk factors, and management’s discussion and analysis of financial condition and results of operation, and such information will still “enhance the information received by investors and other users of financial statements about these risks, thereby assisting them in making investment and other capital allocation decisions.”

nottobetakenesrsly

Yawn. The main thrust is to allow banks to use what they're calling "DLT" (to develop their own "distributed ledger technology", using *permissioned* databases). The current definition in SAB121 being too broad for them to go and dabble. There's only a brief nod towards the custody of crypto assets (argument that it's better off performed by regulated banks, and not non-bank corporations), but that's also likely in regards to the "assets" the banks may wish to create. >Narrow the definition of “crypto-assets” to clarify and confirm the exclusion of certain asset types and use cases. SAB 121 is premised on the risks posed exclusively by cryptocurrencies, and **traditional financial assets recorded or transferred using blockchain networks should be excluded because they do not present the same risks as cryptocurrencies;** the use of DLT does not change the underlying nature or risk of traditional assets. Moreover, certain exclusions for products wherein the underlying activity relates to the offering of a Commission-approved product should be clarified. >Exempt banking organizations from on-balance sheet treatment but maintain the disclosure requirements: ...Balance sheet disclosure may be appropriate where the controls are not adequate to protect investors from the risk of custodied assets, which is not the case for banking organizations that are subject to robust oversight from the federal banking agencies. The required disclosures in the answer to the second question are broad and may include disclosures in the description of business, risk factors, and management’s discussion and analysis of financial condition and results of operation, and such information will still “enhance the information received by investors and other users of financial statements about these risks, thereby assisting them in making investment and other capital allocation decisions.”

fake_review

True, it‘s a matter of perspective in the end I guess. When speaking of Altcoins, I look at the Top200 and some personally DYORed coins. While there are a lot of shitcoins, Inwould not call most of them useless or even a scam. Some are community driven, some have no real utility other than being the gas fees or base exchange coins. But there are so much promising projects and start-ups that aim to use DLT for new business fields and have a token/coin utilized for several cases. Just needs some diggin. But this general negativity against the market behind BTC is just annoying at one point. BTC somewhat reminds me of AOL or Yahoo at times, it‘s like the big thing everybody jumped on while it was there, but Web2 basically swiped them off the market. Not saying this will happen to BTC but the technology evolves…

fake_review

Thanks for the clear overview, really appreciated. But I‘m not new, believe it or not. Over time my input onto my wallets, as well as my rejection against CEXs, just grew so much that I started to get security concerns, but wanted to avoid HW wallets at all costs. I know see that this ain‘t it. And My seeds are securely put away for years and the USB ideas are history. I do know a thing or two about DLT, BTC, PoW/PoS etc…And I was there when 3arrows, Luna, Celcius etc happened. I even watched a Laura Shin interview with Do Kwon months before it happened and thought "my fuck, this guy is completely insane…" I also do understand BTC maxis and why they exist, I just cant comprehend their negativity to everything else that is not BtC, mostly without any good cause. I recommend you to check a little into a project called HOLORIDE on the MVX chain. So far behind the top500, but partners with Audi, Porsche, Hyundai and a few more. Man crypto is much more than BTC nowadays. While I do agree, there ste still a lot of shitcoins even in the top200. But they aint my coins haha

Afterlife123

This is all known and no one is making the arguement that it is otherwise. The point was that there are other actions being done on chain. It shows that development is being done. TPS is Transactions per second. Even 10 per second is a lot. Do the math. Look at how few buisness accepts DLT's. How much build out will need to be done. It is funny how arguemtentive and unwilling to look the whole of r/cc is. I realized that the consencus of r/cc is that crypto will never be adopted and anyone who says otherwise is a liar and a fool. I get it look at all the rug pulls look at all the DEX fraud. I care not to PROVE my position these are discussion sites. Or so they say. I only say that Hedera is making inroads to adoption by the types of companies that could use this technology. Not that it is done but is on the beginning steps of getting it done. There will always be a beginning. To me it is a discussion that interests me. I would love to hear oppoissing view as a discussion but alls you get is shut the fuck up. It really is to bad. but it is the way that it is. Latter

Icy-Income1230

Yep. Another DLT Blockchain just like HBAR. THE NEW GENERATION OF BLOCKCHAINS

HBAR_10_DOLLARS

They are all building use cases, but these are massive undertakings and it takes a while for them to go into production. For example: https://hedera.com/blog/edf-redex-and-rekursive-labs-collaborate-on-proof-of-concept-for-automating-renewable-energy-certificates-transactions-using-hedera The trend is very obvious. Hedera is *the* DLT for mass enterprise adoption.

s1fro

Polkadot is the fastest out of the top 10 chains and generally does things right and will change it's pricing model soon (polkadot 2.0 coming out, they plan 1M TPS eventually and it will be a lot easier to get in to). Celestia might be what you need if you need something modular (eth based and pretty fast). I really want to recommend Radix DLT because they make it really easy for developers, are fast and secure but they are less known and need their own wallet. They also plan 1M TPS but the full implementation will probably be done in 2025. They recently did a test with 120 small nodes 4cores, 8GB and got 30k TPS with the old implementation. Algo, Hera, Atom... are all reasonable.

Perfect_Ability_1190

the multinational food company behind iconic brands such as Oreo, Ritz crackers, and Toblerone - has joined the Hedera Council, furthering its exploration into real-world applications of DLT.

coinfeeds-bot

tldr; Mondelēz International has joined the Hedera Council to develop distributed ledger technology (DLT)-based solutions for digital transformation, supply chain management, and customer experience enhancement. They are working with SKUx on a program to offer digital payment options alongside traditional coupons. This collaboration marks the first real-world adoption of DLT in tracking the supply chain of consumer-packaged goods and aims to innovate customer engagement and increase business efficiency and sustainability. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; Seaplify is utilizing Hedera's distributed ledger technology (DLT) through Blade Wallet to create a secure reward system aimed at addressing the maritime industry's challenges, including workforce shortages and outdated recruitment methods. The platform is designed to modernize recruitment processes and career development, helping to meet the need for an additional 89,510 officers by 2026. Seaplify's digital platform offers improved recruitment efficiency, expanded job posting reach, better candidate matching, career development resources, and data-driven insights to enhance the maritime sector. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Dolobene

That's the Due Diligence (DD) research I hoped for. Pointing out the easily overlooked but significant cost difference between legacy methods and blockchain performance will hopefully, over time, demonstrate the advantage of distributed ledger technology (DLT) above the legacy tech that is prevalent. --> adoption

coinfeeds-bot

tldr; Aberdeen (abrdn) is tokenizing its money market fund investments using the Hedera distributed ledger technology (DLT) platform. This move allows for the release of cash to investors as tokens, simplifying the reinvestment process and reducing administrative burdens. Tokenization on Hedera also promises faster settlement times, potentially leading to real-time liquidity and releasing billions of dollars of liquidity into the market. The use of Hedera's 'proof of stake' blockchain is seen as scalable, cost-effective, and environmentally sustainable. Additionally, abrdn has become the largest external shareholder of Archax, the company behind the tokenization process on Hedera. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Perfect_Ability_1190

“It’s by far the most active proof of stake DLT in the world in terms of transaction per second,” Duncan explained. “How sustainable Hedera is, is also important. It is the greenest DLT. But I think the governance framework is what resonates most with everyone. “We knew from the beginning that this would work well with our client base. With the people we work with and the circles we are part of,” Duncan elaborated. “The framework at Hedera looks like the things that we’re used to seeing. When there is still so much confusion surrounding crypto and blockchain, the governing council and the framework gives a lot of comfort.”

coinfeeds-bot

tldr; UBS has issued an investment-grade tokenized warrant on the Ethereum public blockchain in Hong Kong, using its UBS Tokenize issuance solution. The warrant is a call warrant on Xiaomi stock and was sold to OSL Digital Securities. This move enhances transparency, reduces transaction fees, streamlines settlement processes, and allows for more flexible trading hours. UBS has been active in the institutional DLT space and has recently been involved in web3 initiatives, including issuing digital debt securities and participating in public blockchain trials. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

HBAR_10_DOLLARS

Look into it…compare what Hedera is doing with what other coins are doing. it’s pretty clear Hedera is the DLT of choice for mass enterprise adoption, especially in the United States. This sub is going to wonder how they got it so wrong

coinfeeds-bot

tldr; The article discusses the potential of Distributed Ledger Technology (DLT) to help achieve net-zero carbon emissions. It highlights the urgency to meet global carbon reduction targets and suggests that DLT can enhance transparency in climate reporting, verify carbon credit schemes, and reduce supply chain inefficiencies. The technology can provide a tamper-proof system for carbon credit transactions and enable tracking of product lifecycles to optimize processes and promote sustainability. The article implies that leveraging DLT and Web3 technology is crucial for nations to deliver on their commitments to a sustainable future. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Perfect_Ability_1190

Number one DLT for a reason

Biddycola

Miners all fukt. We bout to see the rise of DLT. Im personally done with Stone Age cryptos for a minute

s1fro

If you want to 50-100x your investment you are going to have to get something out of the top 100. I have no doubt that there are good projects out there even outside the top 1000 but filtering out all the BS is next to impossible. If you see random meme coins pump even 1000x you already know that that's shady AF. If you have a promising L1 it's almost always just a not that great fork of something else but with a small tweak on top. One thing that comes to mind is projects on the Polkadots chain (sub 100 million market cap). If you believe that Polkadot will succeed and 10x it's market cap you can bet that some smaller projects on there will 100+x especially now that they're down a lot. But you can already see that first dot has to succeed and then your specific project on top. The odds aren't great. Now that I've bashed copy cat L1s it's prime time for me to shill Radix DLT a bit as my favourite L1 project outside top 100 by market cap. They have tech that can easily rival the top 25 but are only at 400 million market cap. Will it 100x? Probably not but I believe there is a chance that it breaks into the top 25 if the stars align and crypto bros actually acknowledge its existence.

Perfect_Ability_1190

The solution to these scenarios is in a technology that CTEN Global is invested in called, Hedera Hashgraph. Hedera is a public distributed ledger technology (DLT) that solves all of the challenges and inefficiencies of the blockchain (commonly associated with Bitcoin and Ethereum). Unlike blockchain, Hedera Hashgraph provides for transaction speeds up to 500,000 per second (with over 900,000 a day just in beta phase), the highest known level of security (Asynchronous Byzantine Fault Tolerance), and a world class governance council that includes Boeing, Google, and IBM, among others, as invested managing members. CTEN Global, and it’s exceptional partners and advisors, propose to meet the needs of NASA and future commercial clients by developing a Decentralized Application (Dapp) that provides a trust-worthy, robust, encrypted File Service Dapp and a Space Mission Mgmt. Dapp built on the Hedera Hashgraph distributed ledger network, providing enterprise level (1) Performance, (2) Security, (3) Governance, (4) Stability, and (5) Regulatory Compliance.

coinfeeds-bot

tldr; BankSocial is developing DEFY Federal Credit Union, the first digital native, self-custody credit union powered by distributed ledger technology (DLT). It aims to merge credit unions with decentralized finance (DeFi) to provide equitable financial tools access. The BankSocial app, Verified KYC tool, and Secura Decentralized Recovery (DeRec) are key components. BankSocial's CEO, John Wingate, emphasizes the synergy between credit unions' ethos and BankSocial's ecosystem. The platform will utilize Web3 principles to enhance security and user control, moving away from centralized data control. Becky Reed, with extensive credit union experience, has joined as COO to help navigate the credit union creation process. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; Researchers from UAE Zayed University have recommended hashgraph, the consensus algorithm underlying the Hedera network, as a superior Distributed Ledger Technology (DLT) compared to traditional blockchain. The research highlighted hashgraph's advantages in speed, efficiency, and fairness. Hashgraph can process around 500,000 transactions per second and does not require block creation, making it more efficient. It also uses consensus time stamping for fairness. The study suggests hashgraph could replace blockchain due to its scalability and faster consensus mechanism. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Perfect_Ability_1190

The research report compares speed, efficiency, fairness, and awareness between traditional blockchain platforms and DLT solutions. In terms of speed, it was found that hashgraph can process approximately 500,000 transactions per second by utilizing the Gossip method. On the other hand, some blockchain networks can only achieve a maximum speed of around 10,000 transactions per second. As such, hashgraph is faster than blockchain as it requires less information to be disseminated across the network as more events occur.

LoveSushi5

Radix has its own novel DLT tech. No blockchain, no DAG, one of its kind with the peer-reviewed pre-sharded Cerberus. 

s1fro

Honestly don't think it's a massive problem but I have 2 decent options in mind. Hedera is the more famous one and Radix DLT is the other. Let's focus on Hedera since it's'fairly' mature and big. It has a decent 10k TPS (could be scaled much higher with more nodes + extra level if sharing is introduced), .1 cent fees, low power usage. It's governed by 39 members and it's hosting providers are somewhat decentralized (29 nodes on 27 different providers, which is way to little for me but again you can scale it). In some ways you could argue it's more secure than trad chains. For Radix I'd encourage you to read their docs(kinda technical). To sum up they use a very fancy in house consensus mechanism 'Cerberus' that allows for very high scalability while keeping great security (they also have their own 'engine' that makes exploits, errors and impersonation very difficult). Right now the decentralization is probably not great but it's as easy to solve as getting more nodes.

huwiler

By nature, crypto never really dies, so you can't really compare it to centralized products. As long as there are computers networked together, I'd wager there will always be Eth. I used to think the same way about BTC. When I experienced my first fast and feeless value transfer with raiblocks and iota back in 2017, I was convinced BTC was doomed. I've come to realize that the crypto community places significant value in being the OG. BTC will always be the first DLT value transfer. ETH will always be the first smart contract platform. Others will come and go, but these two will exist forever despite lagging significantly in capacity and technology.

Perfect_Ability_1190

DeFi Technologies' subsidiary, Valour Inc., announces a new product offering launching a physically backed Exchange Traded Product (ETP) the Valour HBAR Staking ETP in collaboration with The Hashgraph Association (THA) – a Swiss-based independent and non-profit organization focused on empowering a digital future for all by leveraging Hedera's eco-friendly distributed ledger technology (DLT) that is governed by the world's leading organizations. This comes on the heels of a recent collaboration between Valour Inc. and Bitcoin Suisse to demonstrate Valour's dedication to expanding physically backed digital asset products and broadening market accessibility for cryptocurrencies to institutional investors on traditional exchanges like XETRA.

cshotton

If all you want is distributed ledger functions, use a really inexpensive EVM-based chain like Canto or Fantom. Even Polygon is cost effective compared to Ethereum. There's really no reason to use Ethereum with the transaction costs and performance issues when other chains are better/fastee/cheaper for software applications needing blockchain /DLT services.

HBAR_10_DOLLARS

Ethereum isn’t for actual business use cases. It’s for DeFi and NFT speculating. Look into Hedera. It’s *the* DLT for enterprise use and currently does more transactions than the rest of crypto combined. 2 seconds to finality, fixed USD cost cheap transactions, governed by 30+ enterprises and organizations from around the world

anakonda18

Have you considered that you probably [do not need a blockchain](https://davidgerard.co.uk/blockchain/2018/02/10/do-you-need-a-blockchain-probably-less-than-wust-and-gervais-think-you-do/)? I used this [Wüst and Gervais paper](https://eprint.iacr.org/2017/375.pdf) in my thesis about blockchain usage in supply chains, but it was not about financial transactions like your use case and more about the actual goods being shipped. My thesis conclusion was that you should not use blockchain. If I understood your problem correctly, you would like to automate the financial stuff but your own business can not be trusted by all participants to correctly handle all the transactions. In your case I surprisingly do see that perhaps a blockchain-like solution *may* be sensible. But would it be public blockchain with all the problems about changing fees, changing token prices, having the need to buy public tokens to transact, how about reversability of transactions and mistakes that eventually happen? I would think a distributed ledger solution would be more suitable, aka "private blockchain". Problem is, the customers would need to setup their own nodes to their IT-systems which Im not sure they want to do. You can't run it alone because of the trust issues. Bigchain DB or Hyperledger Fabric are technology examples for this, but don't make a mistake believing them "blockchain" as they are just distributed databases sold along the blockchain hype. No magic there. Public blockchain was the thing that had some magic to it, but any real life use cases seem unfeasible, for reasons I already touched above. Amazon has some DLT solution for a "blockchain", whcih you might consider running, but again, the trust issue arises, because even though it has several nodes running your program, you would be the admin and essentially solely control the system. My hunch is that this whole thing is solved by a trusted 3rd party, a centralized system with reputability in accounting. Possibly you could add trustability to your application by introducing "blockchain-like" features to your DB, like always including hashes with every change that can be traced back like a blockchain and make the history immutable, and having the state available to every party included openly to verify.

coinfeeds-bot

tldr; The article discusses the transformative impact of the convergence of AI, Distributed Ledger Technology (DLT), tokenization, and Web3, as observed at the World Economic Forum 2024 Annual Meeting in Davos. It highlights how AI, enhanced by DLT, is breaking down data silos and enabling collective intelligence, while tokenization and Web3 technologies are revolutionizing value exchange and asset control. The article emphasizes the need for ethical considerations, responsible development, and collaboration across sectors to ensure equitable access and harness these technologies for societal advancement and economic growth. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Perfect_Ability_1190

The convergence of AI, DLT, tokenization, and Web3 signifies a pivotal point in our technological evolution. This profound paradigm shift has the power to reshape our world, revolutionize industries, and empower individuals unlike ever before. By actively participating in the discourse surrounding the responsible and inclusive development of these technologies, we can harness their potential to address global challenges, foster equitable opportunities, and create a future that benefits us all. Let us embrace the promise of AI, DLT, tokenization, and Web3 with a steadfast commitment to building a more prosperous and inclusive world for humanity.

skilef

Added complexity and privacy could be trickier. Could. They also have GDPR. Why so dramatic? EU is ahead in several areas when looking at DLT. Check out the DLT Pilot Regime for example.

HeadlessHolofernes

Wait, there's another DLT that has been processing thousands of tps for over a year that come from an actual industry use case?

jekpopulous2

Hedera only has 21 validators and most of them are run by… Hedera. It might be THE most centralized DLT in the entire space.

Crypto__Sapien

Based on the criteria specified - solving scalability, security, decentralization and readiness for mass adoption as peer-to-peer cash - I believe Nano presents the most compelling case amongst cryptocurrencies to date. Nano is engineered around a block-lattice architecture that achieves quick, feeless transactions by giving each user account their own blockchain, allowing for high throughput. This aids scalability. For security, Nano uses a Delegated Proof-of-Stake (DPoS) consensus that leverages voting weight distribution amongst its representative nodes. Decentralization exists but has some caveats. By solving speed, cost and ease-of-use issues that often prevent mainstream cryptocurrency acting as cash, Nano is uniquely geared for consumer payments adoption. Latency and user experience matter greatly for commerce. That said, Bitcoin, Monero and others also have redeeming qualities on these metrics - there are always tradeoffs. But strictly judging by the criteria raised in the question, Nano offers a uniquely well-rounded solution. As DLT and crypto rapidly evolves however, a better peer-to-peer cash system may emerge, but Nano remains highly purpose-built for that singular use case today. Just my perspective! Always open to dissenting views.

Perfect_Ability_1190

Will keep increasing, DLT tech is here to stay.

International-Rate31

Great addition once again! Massive for the Hedera ecosystem and the world of DLT

IndependenceNo2060

This Hedera-Hitachi collaboration could significantly boost blockchain adoption in the supply chain and sustainability sectors. Exciting times ahead for DLT!

Perfect_Ability_1190

Ravigopal Vennelakanti, Vice President at Hitachi’s Big Data Analytics Solutions Lab, expressed his confidence in the practical applications of DLT solutions on the Hedera network. Vennelakanti emphasized the potential of these solutions in enhancing supply chain resilience and promoting clean energy, suggesting a bright future for DLT in these sectors. The Hedera Council is a diverse group of global organizations that governs the proof-of-stake Hedera network, fostering innovation and decentralization. Esteemed members such as Boeing, IBM, and LG Electronics hold equal voting power and run the network nodes.

coinfeeds-bot

tldr; The Hedera Council has approved the allocation of 4.86 billion HBARs to support the development of the Hedera network and its decentralized governance. The majority of the funds, 4.248 billion HBARs, will be distributed among existing initiatives such as the HBAR Foundation, the Hashgraph Association, and the DLT Science Foundation. The grants will be issued in Q1 or as milestones are reached throughout the year. Additionally, 614.06 million HBARs will cover operational expenses and payments to early SAFT purchasers. This move follows the accelerated adoption of the Hedera network, which saw over 33 billion transactions in 2023. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Perfect_Ability_1190

Hedera is redoubling its commitment to ecosystem development, and as such, the vast majority of that allocation — 4.248 billion hbars — will be allocated by the Hedera Board among existing initiatives, including the HBAR Foundation, the Hashgraph Association, and the DLT Science Foundation. In accordance with their various agreements, the HBAR Foundation and Hashgraph Association will receive their grants within Q1, and the DLT Science Foundation will receive grants as milestones are met throughout the year. Additionally, 614.06 million hbars will be used for the operational expenses of the Hedera Council and for payments to early SAFT purchasers.

tatertot800

In the age of DLT doing transactions for more money on eth just seems moronic to me. Seems like he’s trying to push the value of eth up so less projects jump ship. As they would lose money heavily in the short run

Afterlife123

>The entire point of crypto, the thing that makes it valuable compared to the legacy financial world is that users don't need to trust 3rd parties If that's the only goal, then Crypto has not achieved its goal. Every coin or project depends on a group of people at some level. That is so obvious it just gets silly to say otherwise. But they don't need anyone to come to a consensus. Bitcoin doesn't, Ether doesn't, and Hedera doesn't. Hedera's approach to bring its DLT into use is different. But it's concensus is immutable. Can't be tampered with. Open source. If you disagree, audit it. If you truly understand the issues with DLTs, then you know speed to consensus, security, and scalability have been barriers to broad usage. Hedera solved this. The proof of concept third party dapp that has been running for months at 3000 tps just screams. The fee structure is awesome. On its defi Saucer Swap, it costs pennies to do a couple of transactions and 5 seconds per transaction. Everyone knows that there are many great projects out there, and not one of them are going to replace Bitcoin. But Bitcoin will never be able to run a supply line or a credit card system. And Hedera is one of the great ones. If DLTs reach the status that everyone here envisions. It will be large corporations doing the heavy lifting. One of the points of having large corps being on the council is so Hedera can be aware of what Google or Dell needs as features to go with the consensus. So they do adopt the tech. Another less effective approach that is often used is to just complain. Hedera reaches true concensus in under 5 seconds, costs 0.0001 to do that, can currently run 10,000 tps, and with sharding is unlimited. Anyone can build on it and Hedera has the highest security level. Not your cup of tea fine. But it's not centralized. The council has no way to interposed itself into the algorithm. Suggesting otherwise is .... silly. Hedera's purpose is to create usage for large corps and opportunities for entrepreneurs. Not replace the financial system. It's happy to leave that to the other competent projects. But this chant of corporate sellout is goofy. What did you think true adoption was going to look like? It looks like Hedera.

Perfect_Ability_1190

There are a tiny percentage of people using DLT today. One of the reasons for that is the difficulty most normal people have using and managing Web3 applications. And the market being divided across multiple projects does not help as they use different terminology and different technology, exacerbating the problem. By establishing widely used standardised approaches (another good example from finance would be IS020022) you increase the size of the pie overall. There are times when co-opertition benefits all parties and achieving good standards is a typical one. This move makes perfect sense for all parties.

Perfect_Ability_1190

Key Features of Evidence Tokens: Transparency Injection: Carbon Central’s Evidence Tokens bring unprecedented transparency to your existing carbon credit creation processes. By allowing project owners to create an immutable record of events, project stakeholders can gain insight into the full provenance of emissions reduction initiatives using the Carbon Central TrustChain. Timeline of Events: The tokens allow projects to establish a comprehensive timeline, offering a detailed view of the events tied to the emissions reduction initiatives. Key reports and other data required by the selected methodology are uploaded to Carbon Central, which immutably stores a log of these activities on chain. This chronological representation enhances the visibility given to stakeholders of the project and credits. Immutable Evidence: Leveraging Hedera Hashgraph DLT, Carbon Central ensures the security and immutability of evidence associated with the tokens. Evidence can then be exported — ready for submission to regulatory bodies. Advantages of Evidence Tokens: Market Distinction: Evidence Tokens empower project owners to differentiate their credits effectively, creating a unique selling proposition in the competitive marketplace. Enhanced Stakeholder Confidence: Stakeholders of the produced carbon credits can independently verify the authenticity of emissions reduction claims through accessible information lookup on the Carbon Central TrustChain. This feature enhances confidence among investors and consumers of the credits. Adaptability Without Disruption: Notably, Evidence Tokens allow for market differentiation without the need for any disruptive changes to existing carbon credit creation and trading practices. Businesses can benefit from enhanced credibility while maintaining operational continuity. https://medium.com/noviqtech/the-power-of-evidence-tokens-df6eddf93d5a

HubertBrooks

For the 2nd order thinkers, just read up on the DLT Hedera and make your own investment decision. As for the digital gold, as a thinker, personally I don't buy such narratives.

Perfect_Ability_1190

Let's say I'm a corporation and I want to use DLT for inventory tracking... I am quite literally obligated to forecast cost of using the service. With any other DLT, that's impossible. Can you imagine implementing a system on something like ethereum and gas fees 100x your cost of operation because of some shitty knockoff Pokémon cat game?

HBAR_10_DOLLARS

>The world needs predictable fees >Spoiler alert, no they don’t Point me to one enterprise who says they enjoy variable DLT fees and being able to pay higher fees in order to front run other people, and I’ll point you to dozens who say the fixed USD fees and fair ordering on Hedera are a necessity

notyourbroguy

Obvious Hedera shill. It’s crazy how they all say the literal same exact things lol. “DLT this DLT that. The world needs predictable fees!” Spoiler alert, no they don’t.

Dismal-Network-2973

>No, bitcoin wouldn’t be able to handle all the transactions . Only a DLT could achieve all those transaction what? btc *is* a DLT. >hence why they will be using Hedera. and the article doesn't say anything about hedera. and hedera's a DAG anyways, which is not cryptocurrency, so I don't understand why you'd even post that here. >Look what bitcoin ordinals did to the network. Now imagine that times 100x I thought we were talking about verifying a picture. that doesn't require hundreds of transactions a second...

Perfect_Ability_1190

No, bitcoin wouldn’t be able to handle all the pictures. Only a DLT could achieve all those transaction, hence why they will be using Hedera. Look what bitcoin ordinals did to the network. Now imagine that times 100x

Significant_Bonus574

Cryptocurrencies are only one of many possible use cases for blockchain technology (DLT). This technology enables immutable data entries. Bitcoin is one example, when sending and receiving “money”, the balances of both accounts are logged on chain on a trusted public ledger. Instead of storing two account balances on chain, you can save other data as well. For example the digital signature of an image, when it was taken, by whom etc. Such a use case would enable image verification and could be a possible solution for detecting fake photos that were generated by AI (deepfakes etc).

IndependenceNo2060

Excited to see this collab! Secure DLT for credit unions = more trustworthy transactions & better member services!

Perfect_Ability_1190

Hedera Hashgraph’s unique consensus algorithm makes it highly resistant to common vulnerabilities found in traditional blockchains. The absence of a single point of failure, coupled with aBFT, makes it extremely secure against attacks such as double-spending and 51% attacks. Scalability is a crucial factor for any DLT aiming for widespread enterprise adoption. Hedera Hashgraph’s architecture allows for high throughput, ensuring that it can handle a large number of transactions per second. This makes it well-suited for applications that require rapid and concurrent processing, such as supply chain management and financial services.

coinfeeds-bot

tldr; Hedera Hashgraph is revolutionizing the e-commerce and data analytics sectors with its advanced Distributed Ledger Technology (DLT). Its unique 'gossip about gossip' consensus mechanism allows for rapid, secure, and efficient transactions. This technology is being utilized by platforms like Unthink.ai to enhance online marketplaces, offering fast and secure transactions, dynamic pop-up stores, and improved customer engagement. Hedera's impact extends beyond e-commerce, also benefiting IoT and affiliate marketing with its secure and transparent ledger system. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.