GC

HeadlessHolofernes

>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. The only consensus nodes that are running on the entire network are ran by the Corporations that are part of the Governing Council (*and this needs to stay like this almost by design, because one of the critical pieces of the Hashgraph algorithm is that all nodes need to know how many nodes exist in the network at any given time in order to finalize transactions*). This is only partially correct. Currently there are only few nodes allowed as it would be inefficient to have more nodes for the relatively small amount of tps. The number of nodes will grow with an increase of sustained tps while maintaining efficiency and security. There's a tipping point when the number of nodes doesn't really affect efficiency or security anymore. That's the point when permissionless nodes will come into play. But that's probably only when we're in the millions of tps which is most probably still a few decades in the future. As long as the number of nodes and the tps are balanced, Hedera is by far the most efficient ledger. Hedera has a clear path to decentralization and becoming permissionless. But that's a marathon, not a sprint. Yes, they could switch to being permissionless almost in an instant. But that would make the network horribly unsustainable. You would have hundreds of thousands of nodes for very few tps, just like Bitcoin, Ethereum or Solana. But that's nonsense for just feeding a flawed narrative of decentralization. Each of those networks has their very own way of defining "decentralization". Just think of pools, core devs, VCs, governance, mining equipment manufacturers etc. Hedera has its own way of defining "decentralization", too, but at least they're transparent about it - and I find their definition a lot more convincing than what blockchains keep silent about when they claim that they were decentralized. >Also, Hashgraph is not fully open-source... only part of it was released by Hashgraph Council after they purchased the patent from Swirlds, Inc (*company that created HBAR which, of course, is primary member of the Council*). 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 not released in full. That's misinformed. Hashgraph is fully open source. [Here's the git.] (https://github.com/hashgraph) Feel free to copy their code and set up a private hashgraph network. It has always been open for review, by the way. So, you could always check the code from the beginning, just not copy and use (like Fantom did with an old and deprecated version of hashgraph). So, this basically invalidates your points: >It's not quite public, it's not really an open distributed tech.... so does it really qualify as a Public Distributed Ledger Technology? It's of course public, although not permissionless. The tech has always been open for review and is now open source, can be copied and studied and altered and used by anyone. You just don't have the GC and the regulatory compliance when you set up another public network with the same tech. The transparent and professional governance is an asset that makes Hedera usable for enterprise and industry use cases in the first place. No sensible enterprise (or government) would build mission critical applications on a public ledger where the governance of the ledger is in any way unclear. >I hope this answers your question and curiosities. It shows me where there's still education needed.

HBAR_10_DOLLARS

Wait a second…you don’t really think you need to be on the governing council to use the network, do you? lol! So basically you have no idea what you’re talking about and are just repeating things you think you heard other people say. Do better. I know much more about Ethereum than you do about Hedera, yet look at how sure of yourself you are. Hedera is a public network which anyone can use. The governing council are validators of the network. IBM is deeply building on Hedera by the way; check the Hedera November GC meeting minutes (!) and you will see IBM presented a comprehensive identity solution called DICE, built on Hedera, targeted to governments and enterprises. So yeah. Do more research. Zoom out. And keep in mind that BlackRock hasn’t even done anything on Ethereum except put some money there. It takes years and years for enterprise use cases to go live. You are missing the trend. Hundreds of enterprises are building on Hedera. What do you think will happen when they go live. atma.io was just early - the flood is coming.

Xertviya

How to find the coins that are going to x 100, x 1000's?? I am on CMC. All coins, 24 hour percentage, 9000-couple hundred percent agins on coins. All the time. I realize they largely are pump and dumps and all sorts of shenanigans. However. We are all degenerates. I am in pancakeswap, uniswap, Solflare, trying to get more exposure. How do you find these gems BEFORE they pop? Talking about you GC, PIGGY, PMA, Catceo?? I watch Cmc as said but already too late most times. Anyfeed back appreciated.

Xertviya

How to find the coins that are going to x 100, x 1000's?? I am on CMC. All coins, 24 hour percentage, 9000-couple hundred percent agins on coins. All the time. I realize they largely are pump and dumps and all sorts of shenanigans. However. We are all degenerates. I am in pancakeswap, uniswap, Solflare, trying to get more exposure. How do you find these gems BEFORE they pop? Talking about you GC, PIGGY, PMA, Catceo?? I watch Cmc as said but already too late most times. Anyfeed back appreciated.

clicksanything

> in march 17, 2014 GC=F was $1,336. Same day 10yrs later is $2,150. That is hardly stagnant friend. Okay ya got me, it increased 60%. But you didnt finish my sentence. “price has been largely the same over the past decade *against rampant inflation*" For Gold to serve as a good store of value, it must also be able to retain it's purchasing power against inflation in fiat terms, usually over a long period of time. And when we look at Gold from this perspective its pretty clear that it has not done a good job at protecting its owner from monetary debasement. I mean just look at a chart of GLD against the M2 for last 40 years. It doesnt even come close to its prev ATH in the 2000s. An asset that normally retain its value over time means nothing until you measure it against rate of monetary debasement which is real inflation, and Gold has not done a very good job of that.

Fish_OuttaWater

“price has been largely the same over the past decade” is wholly inaccurate … in march 17, 2014 GC=F was $1,336. Same day 10yrs later is $2,150. That is hardly stagnant friend. You did done forget that Gold is a mirror for inflation… so when it goes up in value, is when the economy is tanking. Sure it does not grow in such astronomical ways that BTC does, but they are NOT the same - so why bother comparing.

hateballrollin

Check coingecko...it was initially offered to GC candy holders who could prebuy with their candies

Perfect_Ability_1190

Exxon, Chevron, schliumberger, Saudi Aramci, and more,.. one use case is enough to blow the top off Hedera. This alone explains Dell joining the GC. If this gets the traction it appears to have the sky is the limit.

Perfect_Ability_1190

ServiceNow, Hugging Face, and NVIDIA have teamed up to release StarCoder2, a revolutionary family of open-access large language models (LLMs) designed for code generation. This groundbreaking collaboration marks a significant milestone in advancing the capabilities of generative Al for enterprise applications. Servicenow is one of the GC of Hedera, and EQTY Lab's Al Integrity Suite is preparing to expand its software to serve thousands of clients in the Fortune 100 at Accenture's Al lab in Brussels, and together with Hugging Face, we are unveiling ClimateGPT, an Al integrity framework that leverages the hedera public ledger (HCS).

Popenga3000

You need to leave for 11 from 12 month when you are not a us citizen and don’t have a green card. You need to leave the US and have to proof that you never planned to come back. Quitting jobs and give up GC included. In the next fiscal year you can come back and start from the scratch. So if you don’t save an incredibly amount of taxes it is a bad idea. If you don’t have kids and want to travel for a year without getting residency anywhere else that’s good idea. Good luck.

poginmydog

I’m talking about after leaving the States as GC takes like 2 (or 3?) years to even expire and you’ll need to make a declaration to renounce the GC (I think?).

DRosado20

Holy shit now you’re talking about transaction types and revenue lol. Last comment cause you’re not making any sense. This was the original statement you and the other guy couldn’t prove "many GC members use the chain". Keyword: “Use”. They don’t. We all know they don’t and ya’ll can’t can’t show the public transactions that prove otherwise.

DRosado20

You haven’t shown anything. I think the keyword you don’t seem to get is *using*. Being a GC member, announcing a partnership, announcement a launch, publishing a research paper, making partnerships, creating a POC, organizing a hackathon…None of these are *using* the chain. The chain is only *used* with transactions. And yes, transactions are required to consider someone a user. If they are not transacting on the network, they’re not using it. Such a simple concept.

bendy1234587

>Back in reality, atma is literally the only GC member actually using the chain, **Literally not reality** as shown - even if you want to believe it and will do anything to avoid admitting your statement is incorrect. Back in reality there isn't some arbitrary amount of transactions which have to be cleared to be considered using the network, no matter how you try and justify your position.

DRosado20

No it’s not. Go to the “Enterprise Applications” section and open up a couple of the options. There are a bunch of press releases not related to application launches, case studies of hypothetical use cases, and a couple of announcements of products “in production”…that are not generating transactions. Let me remind you again, the statement the other person made was "many GC members use the chain". - DLA piper - Where is the activity? - LG Art Labs - Not actually LG, but a small experimentation lab. Anyways lets count them for fun. Where is the activity? - abdrn - Where is the activity? Again, if you define GC members doing a transaction a month as “using the chain”, then yeah, feel good about that. Back in reality, atma is literally the only GC member actually using the chain, and it’s completely subsidized.

DRosado20

I'm not asking for a link with logos and names. I'm asking for products in production that have been announced by GC members that are generating on chain transactions. Let me remind you, the statement the other person made was "many GC members use the chain". Ya'll are commenting with anything except proof. The entire point of blockchains is transparency. It shouldn't be this hard. Perhaps the proof doesn't exist because the statement is not true?

DRosado20

You said many GC members use the chain. I’m only asking for proof. It’s an extremely simple ask. Every data point proves the opposite. If Hedera is only doing 10 TPS excluding atma, and there are at least a hundred non-GC members using the chain (should be higher according to your sub) and GC members are all mostly big enterprises, then the lack of activity proves they are in fact not using the chain. It’s not that complicated. None of them have announced that projects are in production, and none of them have the transactions to indicate they have a project in production. You said many GCs are actually using the chain, when the data proves otherwise. So it’s simple, prove it. > I only say that Hedera is making inroads to adoption by the types of companies that could use this technology. You’re not only saying that. Your literal comment was: > This is not true many GC members use the chain but only one does at the enterprise level. No one is asking you to shut the fuck up. On the contrary, we want you to provide evidence of your statements. Please do.

Afterlife123

This is not true many GC members use the chain but only one does at the enterprise level. But this is good for crypto. They are taking a serious look. All of crypto benefits from this.

HBAR_10_DOLLARS

It’s a straightforward thought process. Think about this: 1. Is public blockchain technology useful to enterprises and will see mass adoption? I believe so 2. Then, which chain will be mass adopted by enterprises? All signs point to Hedera (this is a fact, especially for US enterprises). It’s the only network that ticks all the boxes. Every other chain has multiple radioactive properties that prevent enterprises from adopting it (their words, not mine). You can verify this yourself. Check out Hedera’s news from 2023 and then compare it with the rest of the market. 3. Now, will investing in Hedera pay off? I believe so. More transactions means more HBAR burned, and more transactions means more nodes are required (community and anonymous nodes will be added), meaning more HBAR locked up. The price is designed to increase naturally. What do you think the price will do when they are doing hundreds of thousands of TPS? Millions? Supply increase won’t happen. It requires 100% of the GC members to approve and swirlds labs themselves are a permanent no vote. It would be easier to get it voted on Bitcoin or ETH. Moons is a terrible example and just shows you don’t understand the ethos behind the Hedera governing council. Know why? Because Reddit is a centralized single company. I don’t trust reddit. I don’t trust Google, who is a GC member. Leemon the inventor of Hashgraph says the same thing. But, you don’t need to trust any one company. That’s the point of the GC.

hellprism

We had a golden cross on the weekly chart last weeks candle. We are only 1 week into GC,& we are 1 week into etfs which have shattered all records. I am super bullish,we also just hat top indicator signal go off which precedes a top by weeks at most.

HeadlessHolofernes

Read again where those GC members come from. Few are actually from the US.

jekpopulous2

I’ve been building dapps for almost 7 years now but ok… I have no clue what I’m talking about. I’ve been studying DAGs (Hashgraph included) since like 2017. HBAR is decent tech. They just never decentralized. You’re admitting yourself that the GC controls all the nodes. I really don’t understand what your argument here is.

jekpopulous2

You don’t get it. So long as all the validators are permissioned it doesn’t matter if they keep adding more. The Governing Counsel controls those too. To decentralize… there would need to be community nodes controlling >33% of the network… bare minimum. You could argue that those community nodes are on the way but until then the GC is in full control of the network.

Unhappy-Speaker315

Yeah the one that made the money on volatility…GC

Cakee7837436

P2P or regular swap (GC, PayPal, transfer etc for Bitcoin)

_weAreAllSatoshi

I’ve [just posted](https://www.reddit.com/r/Bitcoin/s/sOl66GC3tG) pretty much the same thing as you! I know how it feels. I’m hopeful we get a few more dips and will pause DCAing and stack fiat to smash buy if the price is right. If the price doesn’t come back down a bit, then I’ll resume DCAing.

jeeptopdown

1) I don’t know why you are getting so upset? 2) There are a number of banks on the Hedera GC. In other words, they own the Hedera network. Shinhan Bank - they have run an international remittance pilot on Hedera - [Shinhan pilot](https://www.prnewswire.com/news-releases/shinhan-bank-scb-techx-and-other-financial-institutions-successfully-complete-second-stablecoin-remittances-pilot-on-the-hedera-network-301877894.html) Standard Bank - also working with stable coins and tokenization of green bonds on Hedera - [Stable coins](https://www.ledgerinsights.com/shinhan-standard-bank-trial-stablecoin-cross-border-payments-on-hedera-dlt/) [Green bonds](https://flagship.fyi/outposts/dapps/hederas-guardian-paving-the-way-for-a-greener-future-in-carbon-credits/) [Nomura Bank from Japan](https://www.ledgerinsights.com/hedera-hashgraph-deutsche-telekom-nomura-swisscom-governance/) And [DBS Bank](https://www.ledgerinsights.com/dbs-bank-joins-governing-council-of-dlt-hedera-hashgraph/)

jeeptopdown

Hedera is a public network that is the adult in the room. As it gets off the ground all the nodes are permissioned and run by the Governing Council. The GC owns the network as an LLC registered in the US. The GC is currently made up of 29 world leading companies and universities including Boeing, Google, Abrdn (the fund tokenizing their assets), Dell, University College London, Avery Dennison, Service Now…and more. They are term limited in their role on the GC to avoid consolidation of power over time. The network is currently running 1 billion transactions every 4-5 days - mainly on the first enterprise use case being utilized in supply chain tracking by atma.io (an Avery Dennison company). It’s the only crypto I hold because the rest are a giant cesspool of ponzi crap that you accurately describe.

Perfect_Ability_1190

Boeing is a Hedera GC member with high attendance and their second latest VC round was in Hedera, which followed the Boeing + SparkCognition partnership— creating SkyGrid. Maybe we’ll see something in 2024.

JohnHue

For those who might not know, [this is the fucking clown in the video.](https://www.youtube.com/watch?v=3Bh3ObPjcFE) [This one's not bad either.](https://www.youtube.com/watch?v=GC_h_tz44uw) I'm not defending BlackRock, but taking anything that guy says without at least a huuuuge pinch of salt is a healthy thing, he's kind of a nutjob. He studies theatre and is a tv personality / broadcaster who just happened to buy a lot of BTC and is feeling like the king of the world because of it but really, he mostly doesn't know what he's talking about...

SubstantialOption410

No reason to stay here before it wasn’t. Would I have found out about KUJI in this GC?

oroechimaru

Seems like a crap article it didnt “crash” https://finance.yahoo.com/quote/GC=F/

jeeptopdown

Hedera (HBAR) is leading the way to real world enterprise adoption. Currently running at 2300 tps tracking supply chains for an Avery Dennison company called Atma.io. Also in the offing for the next 12-18 months… The Coupon Bureau Dropp Banksocial Hyundai Neuron (probably not fully operational, but should gain some clarity in that time frame) ESG ecosystem (Guardian) WorldPay ServiceNow Maybe a GC or two (that everyone in the know seem pretty excited about) Community nodes Happy to answer questions about any of the upcoming developments. I’ll grab some relevant links and add them.

Perfect_Ability_1190

Any serious L1 platform requires some entity to take some level of responsibility for the planning, direction or security of the platform in question and there are an assortment of models for achieving this. Decentralization Governance - who makes decisions about the code base, the security infrastructure, the Tokenomics and/or the direction a platform will implement. Various models exist for this, on different platforms but they all rely on a grouping of interested parties to make these decisions. Some do it on the basis of who owns more Tokens, others on the basis of members of special elite groups of users... Hedera has done it by inviting multiple major corporations/ educational establishments to take an equal share of this control (each for a limited time period / each from a different geographic location / each from a different industry / each with a global reputation to protect and each with an interest in achieving a usable, trustable platform from which trust can be derived. So, for example this means that whilst the team of Contributors / Coders / Devs. -Those who actually write the code and comes up with requirements for the platform go through an open and shared process for inclusion or otherwise. The GC ultimately decides which features go in or don't and which version of code is actually applied, but they do so on the basis of the shared opinions of multiple experts (from each of the GC members -or at least a subset of them). Another example might be the way the Tokenomics are managed and controlled. We very recently had a decision on staking rewards, made by Financial experts from across the GC. No matter what decision gets made on a network it is often controversial, but at least in this scenario we can be reasonably sure that no one party is mischieviously directing the platform in a direction to their specific benefit, at least not without the agreement of several other highly qualified experts who understand the ramifications of each decision in depth. Decentralization extends into the community itself. Who provides the code, who utilises the platform, who shares an interest in its functionality or success. By having transparency on decision making and multiple parties governing plus an established process of feature requests this decentralization is enabled to thrive, which indeed it is. Decentralization of the Consensus. Obviously Trust is at the core of Level 1 (and many level 2) The trust Hedera provides is partly built into the technology itself. Achieving consensus, at low cost and high speed is a fundamental component of the networks functionality. Today that consensus is achieved through the 28 Nodes owned and run by the organisations on the GC. Within a short period of time (perhaps a year) that will be extended to probably 100 plus community nodes. Eventually such consensus will come from thousands of known and unknown Nodes. It's a process. Some 'hard core' crypto enthusiasts view the current level of 29 Nodes with suspicion (even hate). They do so on three fronts. For one, they say that Hedera will never achieve the speed of consensus across thousands of nodes. Well, time will tell for sure but I wouldnt bet against Leemon and the team. I think they have that aspect well in hand. Second they say they don't trust 29 Global Enterprises to fairly manage consensus. My personal response to that would be 'then don't use it'. But plenty of people and corporations are happy to leverage the consensus provided by multiple global organisations with billions of $'s in reputation to protect and huge teams of experts that can truly check the quality of the infrastructure in place. I would also add that the use of Mirror nodes, nodes which enable a full and detailed picture of exactly what has happened on the platform adds a deeper layer of trust which many find very useful. The final reason hard core Crypto enthusiasts view the Hedera model with suspicion is they consider Global Enterprises managing the platform as an anathema. They believe Decentralization should be about moving away from these big enterprises 'centralised organisations'. And here is Hedera inviting the Fox into the Henhouse and inviting them to run the show. My response to this is that first of all, they are experts at this kind of thing and while certainly no enterprise can be trusted completely, such a diverse and austere gathering is likely a far better option than ALL others I have looked at. If you want professionals delivering the benefit of their expertise, if you want no one person/small group of people, to manage the network, often in perpetuity, then there are other platform models of governance. Personally none of them come close to delivering the confidence I have in Hedera. For the reasons above I personally rate Hederas Decentralization ABOVE all other platforms I have looked at (even today with just 28 Nodes). The addition of further nodes (and the remaining GC Members) for me is jur* icing on the cake.

Perfect_Ability_1190

Decentralization Governance - who makes decisions about the code base, the security infrastructure, the Tokenomics and/or the direction a platform will implement. Various models exist for this, on different platforms but they all rely on a grouping of interested parties to make these decisions. Some do it on the basis of who owns more Tokens, others on the basis of members of special elite groups of users... Hedera has done it by inviting multiple major corporations/ educational establishments to take an equal share of this control (each for a limited time period / each from a different geographic location / each from a different industry / each with a global reputation to protect and each with an interest in achieving a usable, trustable platform from which trust can be derived. So, for example this means that whilst the team of Contributors / Coders / Devs. -Those who actually write the code and comes up with requirements for the platform go through an open and shared process for inclusion or otherwise. The GC ultimately decides which features go in or don't and which version of code is actually applied, but they do so on the basis of the shared opinions of multiple experts (from each of the GC members -or at least a subset of them). Another example might be the way the Tokenomics are managed and controlled. We very recently had a decision on staking rewards, made by Financial experts from across the GC. No matter what decision gets made on a network it is often controversial, but at least in this scenario we can be reasonably sure that no one party is mischieviously directing the platform in a direction to their specific benefit, at least not without the agreement of several other highly qualified experts who understand the ramifications of each decision in depth. Decentralization extends into the community itself. Who provides the code, who utilises the platform, who shares an interest in its functionality or success. By having transparency on decision making and multiple parties governing plus an established process of feature requests this decentralization is enabled to thrive, which indeed it is. Decentralization of the Consensus. Obviously Trust is at the core of Level 1 (and many level 2) The trust Hedera provides is partly built into the technology itself. Achieving consensus, at low cost and high speed is a fundamental component of the networks functionality. Today that consensus is achieved through the 28 Nodes owned and run by the organisations on the GC. Within a short period of time (perhaps a year) that will be extended to probably 100 plus community nodes. Eventually such consensus will come from thousands of known and unknown Nodes. It’s a process. Some 'hard core' crypto enthusiasts view the current level of 29 Nodes with suspicion (even hate). They do so on three fronts. For one, they say that Hedera will never achieve the speed of consensus across thousands of nodes. Well, time will tell for sure but I wouldnt bet against Leemon and the team. I think they have that aspect well in hand. Second they say they don't trust 29 Global Enterprises to fairly manage consensus. My personal response to that would be 'then don't use it'. But plenty of people and corporations are happy to leverage the consensus provided by multiple global organisations with billions of $'s in reputation to protect and huge teams of experts that can truly check the quality of the infrastructure in place. I would also add that the use of Mirror nodes, nodes which enable a full and detailed picture of exactly what has happened on the platform adds a deeper layer of trust which many find very useful. The final reason hard core Crypto enthusiasts view the Hedera model with suspicion is they consider Global Enterprises managing the platform as an anathema. They believe Decentralization should be about moving away from these big enterprises 'centralised organisations'. And here is Hedera inviting the Fox into the Henhouse and inviting them to run the show. My response to this is that first of all, they are experts at this kind of thing and while certainly no enterprise can be trusted completely, such a diverse and austere gathering is likely a far better option than ALL others I have looked at. If you want professionals delivering the benefit of their expertise, if you want no one person/small group of people, to manage the network, often in perpetuity, then there are other platform models of governance. Personally none of them come close to delivering the confidence I have in Hedera. For the reasons above I personally rate Hederas Decentralization ABOVE all other platforms I have looked at (even today with just 28 Nodes). The addition of further nodes (and the remaining GC Members) for me is just icing on the cake.

MetaPhysicsOnlyPlz

iN-NOVATiVE. FEAR-LESS. iNiTi-ATiVE. (“INNOVATIVE FEARLESS INITIATIVE”) i-Fi.               Index     Foreword Digital Legend & Terminology   Introduction – Summary   Part  1 Example 1.0 (Benfords Law) Example 2.0 (Systematic Analogy)   Exchange Rate Business Rate Customer Exchange Rate   Transactions Transactional & Numerical Receipt (“.QUAN-TUM.SUPER-MACY.”) Example 3.0 (Time of Receipt) Example 4.0 (Terminology) Example 5.0 (Digital Legend) Example 6.0 (Coupon & Voucher Receipt) Example 7.0 (Customer & Business Receipt) Example 8.0 (Authorized Receipt – iFi Copy)   Services & Networks Cloud System Cloud Network Credit Network Data Network Market Network Physical Products Non/Physical Products & Services   Training & Learning Network Language + Communication & Co-Verse-Sation Education & Academia Paperback +Literacy & Publications Melody of Music Medical Health & Wellbeing   Future Prospects + Services & Products   Conclusion     Part 2 Company Business Model Company Hardware Devices Hardware Functionality Software Credit Transfer NFC   Cloud System Cloud Network Data Network Credit Network CSW – Credit Storage Wallet CSS – Credit Saving Scheme CCV – Credit Control Vault Future Goals & Strategy             Foreword   Over the past few years, I have dedicated my time building a combination of this Systematic, sustainable interlinking Networks.  The business itself is quiet unique, something that isn't out there, right now. The company provides increased and gradual growth of global markets, down to a single individual person.   Digital Legend & Terminology   N > Network S > System CS > Cloud System CN > Cloud Network DN > Data Network CN > Credit Network MN > Market Network   TLN > Training & Learning Education LCCvs > Language, Communication & Co-Verse-Sation EA> Education & Academia PLP > Paperback, Literacy & Publications M.o.M > Melody of Music M > Medical HW > Health & Wellbeing FP > Future Prospects   Crd > Credit Cur > Currency D > Data B > Barter E > Exchange EXr >  Exchange Rate HD > Hardware Device SD > Software Device C.B > Customer to Business C.C > Customer to Customer B.B > Business to Business B.C > Business to Customer RC > Registered Customer GC > Guest Customer   CC > Credit Controller CR > Credit Receiver DC > Data Controller DR > Data Receiver DA > Data Auction Dp >  Data Point DRv > Data Reserve DDP > Data DuD Pool CSW > Credit Control Vault CSS > Credit Control Scheme CCV > Credit Control Vault   C > Customer c > Coupon B > Business v > Voucher r > Receipt S > Service   pP > physical Product phD > physical Hardware Device N.NP > non/physical Product n.nP.S >  non/physical Product & Service Br > Business Receipt Tr > Transactional Receipt T > Transaction D/O > Digital/Online PoI > Points of Interest PoV > Point of View

Farkleton56

It’s space socialism. They won’t come out and say it because it’s the no no word but to argue otherwise is pointlessly obtuse. https://youtu.be/PV4Oze9JEU0?si=d5aw-wnak8ugh_GC

stockyewok

Cheers, I'll check it out. I've seen 1 on the GC, but be good to see how many more there are

sgtslaughterTV

https://youtu.be/GC_h_tz44uw?si=z1NGnBerLln_kHoi this clip

saschofield

Up for debate really. He's intelligent for sure but when he goes on a fanatical rant, Michael can say some pretty embarrassingly dumb $#!+. Other times he associates himself with even more fanatical people and you can see him questioning his decisions. Example: That Max Keiser "Fvck Elon!" Speech [YT - Max Keiser Screeching](https://m.youtube.com/watch?v=GC_h_tz44uw)

bvandepol

Thanks.. I did prefer GC already over CMC.. Are there other/better sources besides these two?

kazkdp

Ohhhh copy pasta game! I'm in. 1- what about the universites and other companies that on the GC? There is a term limit so after that they are out? What's wrong with model? At least Google isn't going to take 10 million bribe to f up the network, can you say the same about the magical core engineering teams working on other chains? 2- go back a year and @ 50tps people said it's one big entity that's doing all the tps. That was a advertising platform, now a bigger one has started using it and guess what, people saying it's only the new entity that's doing all the tps.... its a matter of time before another one takes over. When Hyundai and TCB comes online you will change the statement again.... everything is however slowly adding up. 3- let's pretend you made a amazing price of software. That's better then anything in the world. NASA jumps in and starts using your software. It takes years for for them to start using it to get their systems to integrate and train the people ... So is it your fault? What smoke and mirrors? Big usecaees such as the the coupon bureau is now finally live but the roll of this scale takes time, it's not just bunch of pictures a company decided to sell.... 4-Hedera made it public that the biggest eco system development fund of any crypto is going to change the industry and bring people in. They are doing just that, what wrong with incentives anyway? Its not like other companies and business don't do this in the real world? even other crypto dose this, mind you it all just comes back to the DLT as payments anyway! Its a win win. The point is to grow the whole web3 and crypto industry and go beyond monkey pictures.... 5- Eth can have 100,000 developers working on it or a million, point is everything can be done , cheaper and faster in a greener way on Hedera. Eth isn't going to die or get killed off because of the growth and current first mover advantage... however there has been many projects jumping ship to hedera and other DLTs. Its not however is going the other way....

kazkdp

1- what about the universites and other comparations that on the GC? There is a term limit so after that they are out? What's wrong with model? At least Google isn't going to take 10 million bribe to f up the network, can you say the same about the magical core engineering team working on other chains? 2- go back a year and the 50tps people said it's one big entity that's doing all the tps. That was a advertising platform, now a bigger one has started using it and guess what, people saying it's only the new entity that's doing all the tps.... its a matter of time before another one takes over. 3- let's pretend you made a amazing price of software. That's better then anything in the world. NASA jumps in and starts using your software. It takes years for for them to start using it to get their systems to integrate and train the people ... So is it your fault? What smoke and mirrors? Big usecaees such as the the coupon bureau is now finally live but the roll of this scale takes time, it's not just bunch of pictures a company decided to sell.... 4-Hedera made it public that the biggest eco system development fund of any crypto is going to change the industry and bring people in. They are doing just that, what wrong with incentives anyway? Its not like other companies and even crypto dose this... also it all just comes back to the DLT as payments anyway! 5- Eth can have 100,000 developers working on it or a million, point is everything can be done , cheaper and faster in a greener way on Hedera. Eth isn't going to die or get killed off. the fact that big comparations trust a DLT enough to run the coupon industry of the USA will bring in more transections which= more network revenue.

GeminiLanding

HBAR was my very first crypto buy 😊 There’s not much love for it on r/cc because of its GC and focus on enterprise. But I see the potential and keep on stacking.

Fun-Investigator3256

I still have my Shure SE846 here. I bought for 5 BTC via Paxful > Amazon GC. Still working and still makes me remember that I was once rich. Haha!

GeminiLanding

Happy Cake Day, GC! 🍻

Fun-Investigator3256

Bought discounted Amazon GC via Paxful back then. When Bitcoin was around $200 each, I bought 6 BTC worth of GC from a Paxful seller. That’s like $1200 back then but I got like a $1600 worth of Gift Cards! Extra $400 for shopping! Yipeeee!

Kinsella497

$BPD Looking to pump soon I am in a Twitter GC with multiple BAYC members and they are planning on going in soon on $BPD CA: 0xC81b0d02393a956234E24564805a896f14ad1250 Do not miss out!

lj26ft

Sam Bankman Fried wants to blame his lawyers. That can be seen as simply a phony excuse. Or we can look closer. Who was the lead attorney that Sam Bankman Fried is blaming? Ryne Miller FTX general counsel Miller was a partner at Sullivan & Cromwell together with former SEC Chairman Jay Clayton. Before he was the personal attorney for today's SEC and back then CFTC Chairman Gary Gensler. Miller was the GC of FTX and the one who was responsible for FTX's legal issues. Ryan Miller and Sullivan and Cromwell were Sam Bankman Frieds Door to Washington (SEC, CFTC, Congress) He's also the one who, a few months before the collapse of the FTX, described how the collapse of an exchange can lead to more regulation. He was also the lawyer who organized the takeover of bankrupt Voyager Digital by FTX just a month before FTX collapsed. JPMorgan was FTX prime broker, handling its trading in stocks and stock futures. And after the collapse Sullivan & Cromwell placed nearly a billion of FTX's client funds with JPMorgan. The collapse of FTX led to the collapse of Sillicon Valley Bank. JPMorgan was an advisor and shareholder of Silicon Valley Bank. After the collapse of Sillicon Valley Bank, JPMorgan acquired the bank on extremely favorable terms. A few month later due to the collapse of the Silicon Valley Bank, First Republic bank went under too. And guess who aquired it for cheap? Bingo! It was again JPMorgan. The DOJ even made an exception for JPMorgan from the antitrust laws, actually JPM would have been too big to take over these bank even before they aquired it for cheap. So the only ones that have benefited tremendously from the FTX collabs are Sullivan & Cromwell and JPMorgan. Sullivan & Cromwell collected tens of millions in advisory fees and JPMorgan was able to write billions in profits thanks to FTX and its bargain acquisition of Sillicon Valley and First Republic Bank. And where did all those crypto customers go? Exactly. JPMorgan. It is quite impressive what games you can play as the ruler of US dollar liquidity. https://youtu.be/QsEsgwjfNME?si=Pu-LGDRzhOprDf89 Listen to Ryne Miller make a prediction 2 years before FTX collapse..This is FTX general counsel

lj26ft

Chairman Jay Clayton. Before he was the personal attorney for todays SEC and back then CFTC Chairman Gary Gensler. Miller was the GC of FTX and the one who was responsible for FTX's legal issues. Ryan Miller and Sullivan and Cromwell were Sam Bankman Frieds Door to Washington (SEC, CFTC, Congress) He's also the one who, a few months before the collapse of the FTC, described how the collapse of an exchange can lead to more regulation. He was also the lawyer who organized the takeover of bankrupt Voyager Digital by FTX just a month before FTX collapsed. JPMorgan was FTX prime broker, handling its trading in stocks and stock futures. And after the collapse Sullivan & Cromwell placed nearly a billion of FTX's client funds with JPMorgan. The collapse of FTX led to the collapse of Sillicon Valley Bank. JPMorgan was an advisor and shareholder of Silicon Valley Bank. After the collapse of Sillicon Valley Bank, JPMorgan acquired the bank on extremely favorable terms. A few month later due to the collapse of the Silicon Valley Bank, First Republic bank went under too. And guess who aquired it for cheap? Bingo! It was again JPMorgan. The DOJ even made an exception for JPMorgan from the antitrust laws, actually JPM would have been too big to take over these bank even before they aquired it for cheap. So the only ones that have benefited tremendously from the FTX collabs are Sullivan & Cromwell and JPMorgan. Sullivan & Cromwell collected tens of millions in advisory fees and JPMorgan was able to write billions in profits thanks to FTX and its bargain acquisition of Sillicon Valley and First Republic Bank. And where did all those crypto customers go? Exactly. JPMorgan. It is quite impressive what games you can play as the ruler of US dollar liquidity.

iwishiremember

7273 Moons per GC.

stockyewok

I live in the GC and have never seen anywhere that accepts crypto, hbu? I was in thailand for a few months last year and although I didn't own any crypto then, there were quite a few places that accepted it

Kindly-Wolf6919

The question isn't if people will report it but if Reddit will do anything about it. I got scammed of an Amazon GC on the trading gift card subreddit and reported it. Needless to say a few days later Reddit said the user didn't commit any violations so yeah.

DonerTheBonerDonor

I just want to reach GC3 in Rocket League😔

Underpaidtrekkie

The initial investors who bought Hbar had their purchases logged with the sec as securities contracts, pretty sure. Hedera is very compliant and have 2 major law firms on their GC. Secondary sales aren’t securities. Hbar will be in every industry in every country. All of this subs users will use Hedera eventually but won’t know it.

Ricola63

This may well have been the case when going to press. This slide is well over two years old. AND it is a UCL slide, not a Hedera slide. Go and read the UCL report to find out their methodology if you like. It is very comprehensive and I believe it was put together when UCL were looking at which platforms they wanted to support, research they subsequently decided to share in these slides. Since UCL joined the council in May 2020 its a pretty old slide in a fast moving market. Anyway. I\`m not entirely sure why you are trying to start a war in the Cryptosphere against Hedera. Hedera themselves go to great lengths to avoid bad mouthing other projects. They see that as a zero sum game and consistently advise their community that efforts to connect and work with other projects are seen as productive for the entire Crypto community. Their position is that there is SO much market to go after that all projects are welcome as it attracts more users, understanding and investment.... FOR all Crypto projects. That is likely to remain the case for fifteen to twenty years at least. ALSO many Hedera GC members do work with Multiple Platforms (for differing reasons) so they aren\`t going to want an inter Platform war.

Ricola63

Yes. UCL. One of the worlds top Universities with a multi billion dollar reputation to protect and who clearly articulate their methodology in the report. Yes, That university. Why do you think they joined the Hedera GC? Precisely because they had done their research.....

ElectricalSorbet1514

>Also, no, I don’t believe Hedera will keep the grant perpetually, but I do believe once the grant stops Atma will replace them with a better non-Web3 solution. Don’t know if you know this but as Atma got closer to running out of free tokens, they switched to a different solution for several days. If true, it's kind of a strange conclusion from you that AD would use another network as they're a GC member. It would have to be free as well or theyd have to pay in the interim. Maybe its just for redundancy. I suppose if they left the GC that would be more of a possibility. ​ I’m not saying Hedera shouldn’t facilitate adoption, but if adoption only comes because the product is given away free and there’s no adoption outside of that, then there’s obviously something wrong. The product either doesn’t have an actual use case like most blockchains and DLTs or it has little to no value. Market is still undetermined for alt coins. We'll definitely get a clearer picture in next 3 yrs.

hanginglimbs

Almost all marketing is intentionally deceiving in some way. It’s meant to sell a product or service, not level with people. I’m a harsh critic of hedera subsidizing their own GC member’s gas via the hbar foundation (left hand paying the right hand), but I wouldn’t just write off the “company that makes an absurd amount of requests” usage as lacking value or utility. It remains to be seen how successful the atma service will be in the real world and if all these HCS transactions mean anything. But if crypto (DLT specifically) is indeed supposed to be a new type of technology that offers new, innovative ways of operating, this may just be an example of that unfamiliar new reality taking shape. Who knows

TriggeredUBruh82

I second this… there isn’t another chain that’s even comparable to their TPS right now. Tokennomics are a bit meh with the foundation grants but the GC is unique and node validators in the works. Atma.io is churning and Coupon Bureau is growing… that’s only two of 50+ use cases in the works. Main net hasn’t even launched yet. Non-ICO and filed with SEC to deter scrutiny. Solid, slow moving but doing everything well thought out. In few years it’ll be huge with enterprise level use. Won’t make you rich in the short term but long term looks great. Definitely worth looking into for those looking for long holds.

Topstrikerr

Good post sending this in my what's App GC right now.

wolf805

Yes. I have a plan Ill send you an invite to the GC please read my plan. That plan is for the little eddit. But if we get enough people, we can pull the bitcoin off!

milonuttigrain

Even without BAT I still love Brave. Ability to block ads and the fast speed. Amazing. Now I don't go back to FF or GC.

wolf805

I sent you an invite to the GC in DMs I have a script. But I need your help. Please read it itll work if everyone helps out!

wolf805

We found an easy edit. A small coin. I have invited you to the GC in your DMs, I have a little plan and it could work if enough people do something.

wolf805

Got you fam! PLEASE READ MY PLAN. Its in the GC Its crazy but itll work!

Fun-Investigator3256

Best thing is I bought an SE846 for only 6 bitcoins. Worst thing is that years later, I still regret buying Amazon GC on Paxful worth 6 BTC to buy those SE846s.

HBARNEY69

This isn’t a bothersome critique for the Hedera network. The general disagreement would be regarding your assessment of “very niche applications.” Trustworthy, secure, verifiable public DLTs will have wide application and adoption much quicker than many people expect. I heard a seemingly reasonable expert on a Sam Harris podcast last week estimate that 90% of the content on the internet as we know it will be generated by AI by the end of 2025. Even if she was shooting way high, the value of verifiable information will continue to increase for enterprises and ultimately end users. The limited-term nature of the Hedera GC leaves open little incentive for a group of 30+ interchangeable enterprises to find reason to engage in preventing/delaying public nodes. Please let me know if you’d like me to tap in someone more knowledgeable about that topic to respond here.

cedarSeagull

LOL when several senior execs all brought on to deal w/ regulatory concerns leave at the same time it's usually not a coincidence. Hillman had deep ties in DC from his days in the lobbying industry. Between him, the GC, and head of compliance taking off in the same week it's reasonable to assume they found out some shit that if they stayed they'd be in legal trouble. Something's brewing over there.

oak1337

Still don't know what you mean by it. Hedera is a crypto. Hedera is also currently decentralized and will continue to get more decentralized as more GC members are onboarded and permissionless anonymous nodes come online.

harrynym

So far, I think government agencies are scared to approach us. After all, we have Chelsea Manning on staff who resisted solitary confinement for years, I've ran decade-long court cases against spying and surveillance, and our GC Ahmed Ghappour used to do Guatanamo cases and is known as a bad-ass lawyer. We invest heavily in legal so anyone that goes up against us know we won't bend or break, and will fight back legally. No agent wants to lose their job going against Nym I suspect. We also maintain good relationships with our local government and canton in Switzerland, who are strong believers in privacy. Lastly, and MOST IMPORTANTLY, mix nodes don't have any data they can submit, it's all anonymized (that's the point of the mixnet!), and gateways can't correlate who is going where.

coinfeeds-bot

tldr; OKX, a global cryptocurrency platform and derivatives exchange, has signed an endorsement deal with Majesticks GC, a European-centric team with LIV Golf featuring Ian Poulter, Henrik Stenson, Lee Westwood, Sam Horsfield (currently injured) and Laurie Canter. The sponsorship will last for the rest of the 2023 season and will result in some amazing experiences for fans to go behind-the-scenes with the team as they pursue their mission to make a difference both on and off the course. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

DBRiMatt

The OP's link doesn't take you to the direct article, so here it is; https://www.australiangolfdigest.com.au/liv-golf-team-signs-sponsorship-deal-with-crypto-company/ *OKX, a global cryptocurrency platform and derivatives exchange, announced it has signed an endorsement deal with Majesticks GC. Majesticks are a European-centric team on LIV featuring Ian Poulter, Henrik Stenson, Lee Westwood, Sam Horsfield (currently injured) and Laurie Canter. According to a press release, “OKX, Majesticks GC and LIV Golf share a common drive to disrupt sectors using fresh thinking and new technology.”*

Nullius_123

BTC just broke out of the Gaussian Channel (on the upside). Can it hold for the weekly close? The last time BTC broke above the GC was in July 2020.

Impressive_Pilot8415

100% agree. Hedera is the most decentralised project in the space & most won’t acknowledge it or see it until community nodes come on board. I back the GC over a handful of owners/ controllers. As for the supply, it’s not a biggie, Hedera with eventually dwarf most projects long term & it’s market cap is small right now. But please keep your dislike for Hbar as just looked what happen to algo when everyone in the sub shilled it 😥

hanginglimbs

Hedera definitely don't appeal to the traditional crypto ethos. I was skeptical of their big business governance model and their almost counter-intuitive fees rooted in USD (i.e. get cheaper as the price goes up). At the same time, their model seems to be resulting in real world interest and usage by actual businesses (Coupon Bureau and Avery Dennison/ATMA.IO come to mind). My skepticism turned to intrigue pretty early on, but my big concern is that a lot of their TPS is subsidized by the HBAR Foundation, even projects by the governing council members themselves. Governing council funds HBAR Foundation --> HBAR Foundation funds Avery Dennison/ATMA.IO (GC member) --> Avery Dennison dominates TPS. Granted, the TPS is real and part of an actual use case for a business, but I'll be more impressed when the subsidy runs out and AD start buying their own HBAR to fund the (hopefully) successful ATMA IO project.

oak1337

1. Not shilling. I posted an article about a crypto in the crypto sub and I'm discussing it. 2. HBAR Foundation, DLT Science Foundation, etc treat all projects the same. TRY THE PRODUCT FOR FREE (limited time offer, limited duration). 3. Governing Council Members (aka the corporations you hate so much) have 1 vote each, 3 year terms, and 2 maximum terms. This means Google and the London School of Economics (both GC members) have an EQUAL vote. For the GC to pass anything, they need either a majority 2/3 or unanimous vote (depending on the topic). I could go on and on, but something tells me this is going to fall on deaf ears. Do your own research. Corporate and enterprise use cases are the key to mass adoption of crypto, yet when it's happening, idiots like you can't see the forest for the trees.

beckpiece

Just a guess, but I’d assume the gift card is…..just a gift card to purchase bitcoin through their service. I’d bet no BTC is being bought when the gift card is purchased, you most likely set up a KYC account and use the GC funds to buy bitcoin when you decide to use the card.

thinkingperson

**TRANSCRIPT** TLDR; 1. If subpoenaed by the gov, for serious acts, Ledger will comply. For IRS case, it's still undefined. 2. (Unknown) trade-offs in the future 3. If you don't enable the backup, Ledger wallet will function as it did before. ​ **Ledger CEO:** 99 of the cases you know there is no collusion that is really possible between the the three entities and you know the the way that this is built by Weaver is a lot of content the way that this is built like you know you can only uh you only the user can sort of call back the the three charts **the only concern really is if uh uh if we get subpoena by a government** to say now you know these years are specifically you know we would like you to you know retrieve the three shards Etc **so that's not a real concern in the end because for several reasons** um one you only get subpoena like this by governments **if it's a serious act like you know terrorism drugs etc etc like it's not true that the average person gets a subpoena every day** Guy cap: can I just interrupt that uh **coinbase had all their customer data subpoenaed by the IRS** Guy Green cap: John Doe GC: yeah and so so they had to supply every customer was over ten thousand dollars or twenty thousand GGC: twenty thousand GC: twenty thousand GGC: over a three month rolling period GC: and they gave all that Guy Black tee: coinbase fought back because they wanted it .... **LC**: **coinbase is a bank this is not a banking service okay this is very different** GC: but but it's what I'm saying is the IRS wanted that information if **LC**: there is no information for the IRS on this GB: well you do have X pubs but you had them before too on Ledger live right **LC**: I mean there is no real information for the IRS on this Etc and by the way like you know again this is ... that **there will be trade-offs in the future** yeah so like we're not saying that uh you know ... **if you're uncomfortable with this you can keep your 24 words and you know, keep doing what you're doing today this doesn't change anything okay?** it doesn't change anything, doesn't create a back door ... we can come back on open source and open source but **in the end like we are good actor like we don't create backdoors in our users** and by the way if we did the business go sells very quickly

Uglysinglenearyou

It's got something like 80% RTP on most games so, not great, but 10k GC & 1 SC free per day (can be more with higher VIP levels) isn't bad, an okay time killer overall, just bet with your head, not over it.

Suzxy

I'm still working towards getting 1 BTC while earning passively from staking ATOM and OCEAN. My focus has shifted toward metaverse and gaming projects. I also recently bought and am holding FiHunter NFTs from GrabCoinClub, as they offer bonuses to owners just for holding. Excitedly watching and waiting for the launch of GC and ADE in the coming months.

Maleficent-Quail788

Z XXX GCC fçff cc FF FC GC gcfggccgcfggcc getting v cc g CCG vhvhh he

oak1337

Lmao no they couldn't. Firstly there's going to be 39 total Governing Council (GC) members (corporations, universities, non-profits, etc) who each have ONE vote. Doesn't matter if you're a trillion dollar company or a measley non-profit, each get 1 vote. To make any (ridiculous) changes like you're saying, they'd need either a majority or unanimous vote, depending on what they're voting on. The GC members have 3 year terms, with a maximum of 2 terms. So 6+years from now it'll be a completely different GC. All the GC members are from different countries, industries, time zones, geopolitical affiliations, etc etc all around the world. Idk, your scenario just seems very farfetched...

markbrutal

Boys has been talking PEPE in our FB GC in the past two days. So I decided not buy. Memecoin is not for me anymore.

XXsforEyes

I’m routinely all over the country and see very little about Bitcoin, although I haven’t been out to Lago de Atitlan in a couple years. I’m not trying to stir you up, I’m actually relieved to find someone who’s seen some evidence of BTC adoption. I just haven‘t seen anything in GC or La Antigua over the last year.

HeadlessHolofernes

The GC members are not VC. [Funds have been raised through multiple SAFTs](https://help.hedera.com/hc/en-us/articles/360007219337--SAFT-How-did-Hedera-raise-funds-). The relative centralization will be dissolved over the next few years with community nodes and permissionless nodes. That's part of the bigger plan to keep the network secure and actually decentralized as the current state of the network is only a development step. Yet, it depends on the definition of "centralization" whether you consider it centralized in its current state at all. The number of entities controlling consensus and governance is much higher than with most other DLTs including BTC and Ethereum. So, your impression of Hedera is plain wrong.

Tasigur1

"Heading to MN for the summer. Current Factor LLC positions with trailing stops Long Nasdaq $NQ_F Long Gold vs. YPY $GC_F $G6J_F Long Bitcoin $BTC Long Gold $GC_F Long London Cocoa (not shown) $LCC_F" That's his twitter post, he is *long* on everything bois.

Suzxy

It's definitely not too small and if I had 5K right now, I would diversify a portion of it among BTC, ETH, CGPT, BNB, MATIC, and ATOM, while keeping the rest in stablecoins to participate in upcoming IDOs. Two projects that have caught my attention are GRV, a multi-asset lending protocol for NFTs and crypto, and GC, a metaverse role-playing game where both players and non-players can earn.

Da_Notorious_HAM

The dude literally changed the loading image to the doge logo while all this is happening. 

LrnFaroeseWthBergur

You're like this guy in the phone book who's listed as PhD in GC (he drives the garbage collection)

Suzxy

Recently, I added ETH, ATOM, and AVAX to my portfolio, but I’m keeping most of my funds aside for participating in the upcoming IDOs of promising projects. Investing early in the advanced AI model, specifically designed for web3, blockchain, and crypto (CGPT), as well as a project that is building a metaverse and game where you can earn passively or actively (GC), seems like a smart move to me. Furthermore, ZkSync Era has just gone live on Mainnet, and with the airdrop FOMO going around, it's worth exploring certain platforms.

stormdelta

> You comments points towards someone who has done zero research I've skimmed through their documentation in the past, read their paper on the base hashgraph idea, and knew someone IRL that worked there. > Umm, you seem missinformed, they are fully open source and a public DLT that anyone is free to build on without permission Their network is permissioned. The public cannot connect arbitrary nodes, it is not decentralized in the sense that cryptocurrencies are. Nor does open source make something decentralized; particular not when Hedera has built it to be a singular network. > They are about the most transparent DLT that exists, every single GC meeting has its minutes published. Going by enterprise adoption and LIVE uses cases alone, its pretty damn clear what they are and what they do. Unlike manty ghost/NFT chains that exist or meme tokens. You're missing the point of my criticism entirely I think. My point is that while their technology has some limited uses, it's functionally an entirely different technology than anything discussed here, despite their marketing obviously being geared to appeal almost exclusively to cryptobros.

Sgt-Maj0r

Umm, you seem missinformed, they are fully open source and a public DLT that anyone is free to build on without permission. You comments points towards someone who has done zero research or has some "agenda". Comments like "crypto buzzwords" and "honest about what they are good at"?, WUT?.... ​ They are about the most transparent DLT that exists, every single GC meeting has its minutes published. Going by enterprise adoption and LIVE uses cases alone, its pretty damn clear what they are and what they do. Unlike manty ghost/NFT chains that exist or meme tokens..... ​ Sorry, but you comments come off as a hater...

gamma55

Back then the market for moons was a bit different, the liquidity was very low and on small chains. If i had to guess why only GC, I’d say the others werent tracking the same markets?

Suzxy

Take profits and address some real-life issues. If the market experiences a dip, I'll use the opportunity to accumulate more BTC, ETH, and ATOM. Additionally, I'll set aside some fiat currency to invest in GC when the opportunity arises, as well as other high-potential projects that interest me

Perfect_Ability_1190

Next GC Meeting is at the Google Headquarters 😎

Aconyminomicon

You should ask Dell (the company). They just became the new GC member. Maybe they know a thing or two about your concerns.

gamma55

CMC and GC use manual entries on that number. The contract shows it has minted 111,065,083.016444 Moons.

Ricola63

Some of your points are fair, but my answer to this point would be this. I DON\`T trust any one Corporation or individual (or even group of Enterprises with similar issues) But when you consider what is being discussed here you start to see the logic of Hederas thinking. What are we talking about \`control\` of here? Its the Core Functions of running a usable Public Network. This includes things like Fiscal Responsibility, Tokenomics, Allocation of Resources, Technical Development, Regulatory Stance, Network Security and so on and so forth. Precisely the kind of things Enterprises do as a day job. So Enterprises bring experts in. The way the Hedera GC is structured, with each Enterprise literally, only for their term, owning an equal share of the Network and mixed teams of experts from various disciplines, across various specialist areas of the network. So a Team for Treasury, A team for Law/Regulation, etc, etc. This makes sense. Each Enterprise has its own Use Case(s) it needs to run. They, by nature, have a vested interest in the network being healthy and performant and continuing to develop. No one, or even significant group of those Enterprises, has enough control to \`fleece\` the network and frankly for them, with their billion $ reputations to protect, they wouldn\`t want to. Each idea the council has is deeply considered, by subject matter experts, from different business, geographical and academic domains, each with different perspectives . Debate takes place and then votes are taken. Plus all decision making is transparent. Its publicly documented, indeed recorded on the Hedera ledger. So reputations are definitely at stake here. No one has control but experts do the diligence. Compare this to having 5 miners who own most of the coins on certain Networks. They basically own the network. Few Coin holders know who they are, few coin holders care. They don\`t know the decisions being made and often they don\`t understand the implications of those decisions. The results are baked in. The 5 owning companies make a fortune, the Network performance goes down, development suffers, years pass with little improvement, security becomes suspect, most network users and coin holders are underserved. NOTHING in Governance is ever perfect. But I would argue Hederas GC Model addresses your concerns, and many other concerns, far better than any other Governance Model out there today.

oak1337

Jesus dude. You need to do a lot more research. You're just uninformed on what decentralization actually is, what role and "power" the GC has, etc.