HBAR

AcanthisittaEasy5878

Didn't this Larry guy like the HBAR post on x?

DRosado20

BlackRock essentially confirmed that Harmon’s tweet was fake. And that’s the CEO of the HBAR Foundation. At this point, don’t trust anyone unless it comes straight from BlackRock.

vinsanity_07

U think that many people got into HBAR yesterday?

Belrium_coin

I see HBAR and I raise you Charlie Javice. Scams are everywhere. To not have fraud, we would have to remove humans from the equation

No-Consequence6830

It’s still bullish for HBAR

One_Boot_5662

Exactly this, the details are fairly academic. The foundation of the chain sent messaging that misled people. If you still think HBAR is a good idea, good luck, you are going to need it.

Paktrang

I am expecting them to use AVAX if they need to go on chain. Using HBAR is strange.

conceiv3d-in-lib3rty

Let the cope begin. I have nothing against Hedera, but to say that original HBAR Foundation that caused the pump wasn’t shady marketing at best and market manipulation at worst is ridiculous.

conceiv3d-in-lib3rty

This means absolutely nothing. The original HBAR Foundation tweet that caused the pump purposely made it sound like this was a Blackrock partnership when it is not. Being aware of something is not a partnership. This whole thing was a shady marketing stunt at best and illegal market manipulation at worst.

ricozuri

Sigh, it was fun to see HBAR pump. Back to being into it for the tech.

spboss91

If you bothered to read their tweet properly, Hedera never claimed that they worked directly with Blackrock. They just stated the fund was tokenised on HBAR network with ArchaxEX and OwneraIO. "[@BlackRock](https://twitter.com/BlackRock)’s ICS US Treasury money market fund (MMF) is tokenized on[@Hedera](https://twitter.com/hedera) with [@ArchaxEx](https://twitter.com/ArchaxEx) and [@OwneraIO](https://twitter.com/OwneraIO)" Cointelegraph were approached before the official statement, with a PR copy that was approved by BlackRock. They didn't publish it. After the pump, cointelegraph tweeted and deleted 4 negative posts about HBAR. Believe what you want with that information, I think it's pretty obvious what their intention was. For anyone that wants actual information on how the market fund was implemented, see here for more details. [https://twitter.com/Grodfather/status/1783106730332651998](https://twitter.com/Grodfather/status/1783106730332651998)

LargeSnorlax

But yesterday I was told that [people who didn't own HBAR were the equivalent of a caveman waving a stick at a wheel](https://i.imgur.com/H2xMqmF.png). Why would anyone sell the wheel, verysillyman?

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.

coinsRus-2021

And shouldn’t be posting any gains considering it was a total lie that BlackRock put their assets on their chain. BlackRock now officially confirms they have zero ties with HBAR

coinfeeds-bot

tldr; BlackRock has clarified that it has no commercial relationship with Hedera and did not participate in tokenizing any of its funds on Hedera Hashgraph. This statement came after a misinterpretation of an HBAR Foundation announcement led to a temporary surge in HBAR's price. BlackRock emphasized that any updates on its digital asset strategy would be communicated directly. Following the clarification, HBAR's price dropped by 32.8%. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

DollarLate_DayShort

The entire market is bleeding right now. HBAR is still up 35% over the last 3 days

ThatChrisGuy7

So with HBAR being out apparently is ALGO being looked at by BlackRock? Or by others? Any rumors out there?

kaddymate

RIP to everyone who FOMOed into HBAR at the top.

Apprehensive_Sun7382

Man, what happened to Vechain holders? They used to be the master of fake partnerships and now they are passing the torch to HBAR. At least make an announcement of an announcement like the good old days.

jawni

I'd say if anything the initial reaction was the overblown thing, because that was the original misunderstanding. If anything the subsequent movements should be less overblown as the market gets more info. HBAR is still up +50% but the only difference between the previous price and todays price is that we know Blackrock themselves didn't tokenize it and we've been told Blackrock were "aware" of it. Is that really worth a 50% price increase in your eyes? I'd say maybe 10%, so I'd expect HBAR back around $.10 pretty soon, barring any market moving events. If it doesn't, then you can expect a lot more performatory tokenizings.

jekpopulous2

All they said is that they ran it by Blackrock... - Archax: We're gonna tokenize shares of your funds on HBAR. Is that cool? - Blackrock: Anyone can purchase shares on the secondary market. Do what ever you want... - Archax: So we're partners now. - Blackrock: No... That's not what we... - HBAR: We've partnered with Archax and Blackrock to bring RWAs to Hashgraph.

coinfeeds-bot

tldr; Hedera Hashgraph's native token, HBAR, surged by 60% following BlackRock's announcement of tokenizing its U.S. Treasury money market fund (MMF) on Hedera's blockchain. This move marks a significant development in bridging traditional finance with cryptocurrency, highlighting a major milestone in asset management by bringing the world's largest asset manager on-chain. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

cosmic_censor

> I love how he slid ALGO in there for literally no reason at all lmao. The connection is the company who tokenized the Blackrock MMF on HBAR, Archax, also added support for ALGO to its platform.

VidyaGaemAddict

HBAR token supply is a yoke

Job_man

So HBAR is up *checks notes* 40% and people on this sub are saying it’s BS?

Mr_Truthteller

And yet HBAR has lost most of its pump already.

jekpopulous2

Blackrock themselves didn’t tokenize anything on HBAR. If they did it would have been a huge deal - that’s why the token pumped. Then people realized that an HBAR project through the secondary market tokenized shares of a Blackrock fund. That’s not a big deal so the token dumped. HBAR didn’t “lie” about anything they just worded the tweet in a way that made people think that Blackrock was directly involved when they weren’t.

lemonyolt

Usual. Imagine trying to downplay the HBAR news 😂 Who cares. The fact is Blackrock's US Treasury Money is being tokenised on Hedera. Fact.

Renowned_Molecule

Research all of the ISO 20022. Banks have until NOV 2025 to become compliant. HBAR is one of the eight ISO 20022 that I can find. .. My focus is on 2 other ISO 20022s..

PositiveUse

Typical pump and dump hype articles by HBAR whales to get in dumb liquidity. That people still shill this coin is beyond me

wgcole01

Right, but ... Hedera didn't tokenize a Blackrock mmf and put it on their blockchain. That would be Archax that tokenized the Blackrock mmf and put it on Hedera's dlt (it's not a blockchain). And Hedera never said "Blackrock put their fund on our blockchain". They just didn't. To the extent that there is *any* confusion about who did what here, it isn't due to any fault or error on Hedera's part. They accurately described what happened in their X post. All that has happened is that people like you take Hedera's X post, point out what it *doesn't* say, and then disingenuously declare it all a bunch of misrepresentation and confusion. This isn't a case of people not understanding what a mmf is. This is a case of taking a clear and concise X post, and then running around telling anyone who will listen that "It's not a partnership with Blackrock!" when no one ever said that it *was*. You're sowing confusion out of nothing. But that's okay. Hedera/HBAR is just one of those L1s that's so extraordinary that any good news requires extraordinary FUD. I totally get it.

No-Consequence6830

FUD article typical on this sub. Do some research and you will in fact see that the link is not “diminished” …HBAR haters are a cult.

nanooverbtc

For everybody that bought the HBAR pump: https://x.com/coindesk/status/1783030954900042198?s=46&t=clsfbuVabZ68feMKUiuZ_A

coinfeeds-bot

tldr; Hedera's native HBAR token surged by over 107% and then fell by 25% following confusion over BlackRock's involvement in a tokenized money market fund on the Hedera blockchain. Although it was rumored that BlackRock chose Hedera for tokenization, it was actually Archax's decision to use Hedera for the project. BlackRock had previously entered the tokenization sector with a different fund on Ethereum. The HBAR token remains volatile with significant trading activity and a bearish bias indicated by negative funding rates. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Grunblau

Bought HBAR during the 2022 Super Bowl. Not the top, but have a bit more to go before I am close to even.

jawni

How much does HBAR retrace considering nothing has actually fundamentally since it started pumping?

kshucker

*why are we talking about HBAR and ALGO?* Looks at prices *ah ok, the shilling begins*

ThatChrisGuy7

Oof anyone who bought HBAR near the top that’s rough

Amazing-Ad-8239

Biggest words of advice are to DCA. Buying into BTC and ETH now while the price is high is fine, just as long as in the future you DCA at a lower price. Even in saying that though, BTC and ETH are still yet to make their new ATH. If you want safe and good investments, you should always consider coins that have survived the bear markets which actually have use. Here's a list of a few: VET HBAR DOT ADA ALGO MATIC Yes these coins may not see the same gains as other newer coins on the market, but if you want to be safe, they'll be safer. Safe trading!

HelewiseHuman

I’m not under the impression that there is a partnership. Hedera is the underlying network being used to tokenize RWA, the network being utilized is the whole point. You go ahead and do you bro, no one is telling you to buy HBAR.

BingoBango89

I'm with you, very sceptical of hbar. No major news coverage & even at that wouldn't happen overnight. Plus it's a PoS coin. Do you have any sources? Would love to point a buddy towards information. He's very bullish on HBAR where I am bearish. Sure, you could make short term gains, but he's looking long-term & I just don't see it.

ozeeSF

sources for further reading? fwiw I am not a fan of HBAR whatsoever, but I am eager to learn more from others who have similar feelings about it.

Smashedavoandbacon

Is HBAR the new IOTA?

clean_pegasus

Blackrock is not directly involved with this. They didn’t partner with HBAR. A third party tokenized their holdings of a Blackrock fund on HBAR. It’s a big misunderstanding

OderWieOderWatJunge

I don't see any hate for HBAR, just shillers everywhere. Bagholders are in the thousands here

wooly_torch

People hate HBAR here? idontbelieveyou.gif

No-Consequence6830

The hate for HBAR regardless of the continued positive news will always make so bullish. You haters are bordering on being a cult…

Shaglock

Telegram shill army is out luring exit liquidity for HBAR

pretty_officer

I sold all my HBAR and Algorand (after holding from $2.30 to .10c) yesterday. I’m not okay.

kaddymate

No one asked, but be aware that an extra 3bn in market cap doesn’t mean an extra 3bn flowed into HBAR. And HBAR still has a long way to get back to it’s 2021 ATH, although sadly most alts will never do so.

God7rock

HBAR , nothing else. split 10k into 2 coins.

ThatChrisGuy7

HBAR money is being moved around now that it’s going down

Quixote0630

HBAR has doubled in value. That's a $3B project becoming a $6B project in less than a day. Pretty wild.

Quixote0630

My target for HBAR has always been $1+, maybe $2 if it's a strong cycle, so I'm just chillin' and enjoying the green.

Quixote0630

AKT and HBAR are two of my bags that I have been topping up regularly whenever there's a dip. Good 24 hours lol.

wooly_torch

I feel like I shouldn’t sell my HBAR rn, even if its up 150%… I think its got more moves ahead

HelewiseHuman

Blackrock authorized the HBAR F release.

HarrisonGreen

Congrats to HBAR holders. Happy for you guys, even if I don't hold any.

ReedoIncognito

You should totally pile into this coin. Pull out all the stops. HBAR or bust

Alea_Iacta_Est21

Btw does HBAR have a meme crypto as well?

musclehogg69

No means nothing until the blackrock have announced they are tokenising assets in HBAR. Hbar foundation need to be very careful what they say or the sec will come down on them like a ton of bricks.

Annual_Juggernaut_47

HBAR now. Who’s next? Don’t sleep on the L1s. There will be competition for tokenizing assets.

austinvvs

My Top 5: 1. ETH 2. QNT 3. HBAR 4. XRP 5. LINK Every single one gets hate. I could not give a solitary shit. Not everyone is going to make it 🤷🏻‍♂️

Kikaioh

I'm not sure how anything you've mentioned here is a counter to my reply, which was mostly in regards to your misguided criticism of HBAR. Maybe you're conflating individual posters on Reddit and online crypto journalism with Hedera's own messaging when you malign the Hedera project, but I'm just clarifying that Blackrock themselves had to greenlight the original press release, which you can find on the HBAR Foundation website. [https://www.hbarfoundation.org/blog-post/archax-increases-tokenised-money-market-fund-offerings](https://www.hbarfoundation.org/blog-post/archax-increases-tokenised-money-market-fund-offerings)

yourAverageTechie

Congrats HBAR holders tho I currently don’t own any It’s nice to see a massive pump reappearing in crypto like the old days.

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 HonestMousse. > 1. Hashgraph technology has been proven to be superior to the blockchain in terms of speed, energy consumption and Most importantly security. It will never have the issues something like Ethereum has. > 2. The HBAR foundation is doing massive amounts of work towards growing the ecosystem with the amount of money they have being allocated to developer grants. This is going to go a long way towards growing the ecosystem > > I truly believe Hedera is going to be a big player in the space within the upcoming years. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_hedera) to find submissions for other topics.

trippy1

HBAR is going crazy. Glad I picked up my first small bag during the dip.

Ambitious-Maybe-3386

Still they aren’t directly tied to HBAR as the article wants you to believe?

EirianWare

Just check in how this aub feels with HBAR news? Good? Bad?

Quixote0630

Yesterday AKT, today HBAR. My bags are taking it in turns to rip. Hope it's BTC tomorrow.

coinfeeds-bot

tldr; BlackRock's ICS US Treasury money market fund has been tokenized on the Hedera blockchain by Archax, in collaboration with the HBAR Foundation and Ownera. This marks a significant development in the real-world assets industry, following a similar move by abrdn plc last year. The tokenization allows for trading of MMF shares on exchanges, offering benefits like instant transfer and use as collateral. Following the announcement, HBAR's price surged by over 46%, reaching its highest level since late March. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

millennial-snowflake

So. What even is HBAR lol? Since everyone's moonboy'ing bout it

R3mm3t

Lol settle down HBAR, you’re going to hurt yourself climbing like that

tika_dengu

They tokenised a BlackRock MMF on HBAR, BlackRock has no involvement in this.

Afterlife123

# $multi-million trade on Hedera [Yahoo Finance](https://finance.yahoo.com/news/archax-increases-tokenised-money-market-130100063.html?guccounter=1&guce_referrer=aHR0cHM6Ly9kdWNrZHVja2dvLmNvbS8&guce_referrer_sig=AQAAAI8jR5frLQBgrZJMRkhoGADHYQS-vJfiWTRS-FaPl569TCu5-pVk9TLu_ZJ7-LUN17Gh_PuZw1ILOcWGvUzweNpXf5IV3dO6p3DVGKkMNYKkH7kChANzk8S8lRd_BAnKSNhnASgiJmjSEjg9igOYvTEzHqeqoz-kBruMjfMLU7hJ) # BlackRock tokenizes Money Market Fund on Hedera, HBAR soars BlackRock MMF on Heder [CoinJournal](https://coinjournal.net/news/blackrock-tokenizes-money-market-fund-on-hedera-hbar-soars/#)

freechickenwater

AI has good taste in tech. Hedera just secured major institutional adoption involving Blackrock. There's a lot o money about to be flowin thru HBAR

SeliciousSedicious

HBAR HBAR HBAR  and y’all motherfuckers hated for months.

moonRekt

That’s wild. I hope I find my lost 80k HBAR someday

Bungkai

did i ever say HBAR will never go up? fix your mentality lad

MichaelMyersReturns

Well done! I've been thinking about buying some HBAR but now it's up so much I feel silly not doing it yesterday

DRosado20

Sure…that why the TPS is lower than a year ago and 99% of the volume comes from a single use case funded by the HBAR Foundation, because of the significant adoption it’s seeing? Cope and seethe.

im_THIS_guy

HBAR

bl4ckj4ck1

Thank God I've always inversed this sub and I bought HBAR and SOL in 22/23.

DRosado20

A tweet from a Swirlds Labs employee. lol. Again show me something from BlackRock that proves they are aware or participating in this. Even if you can somehow prove they are aware the fact is BlackRock is not using Hedera. Archax, funded by the HBAR Founded, is the one tokenizing a BlackRock fund on Hedera. Come back to reality baby boy’

No-Consequence6830

All you anti HBAR fools suck it. You are the equivalent of a caveman waving a stick at a wheel and it will always make me laugh

tika_dengu

Blackrock’s ICS US Treasury money market fund (MMF) is tokenized on HBAR, hence the pump [https://twitter.com/hbar\_foundation/status/1782759384742813951](https://twitter.com/hbar_foundation/status/1782759384742813951)

DRosado20

That’s not how marketing works. If Archax has an agreement with BlackRock, they might be able to use their logo within some guidelines if it’s related to their funds. The most telling thing here is that Archax and the HBAR Foundation are the ones doing all the posts and the commenting. Nothing from BlackRock.

DRosado20

Show me a single article that quotes one person from Blackrock or proves they are aware of this. I’ll wait. It’s all Archax and the HBAR Foundation posts. All quotes are exclusively from them as well.

Anishinabeg

Couldn't resist selling half of my HBAR. A near-35% jump isn't sustainable. I'll buy some back when it dips again.

war_owl

Nice to see HBAR making moves

coinfeeds-bot

tldr; Archax, a regulated digital asset exchange, has expanded its tokenised money market fund offerings by adding the BlackRock ICS US Treasury money market fund in partnership with The HBAR Foundation. This addition builds on Archax's previous launch of tokenised abrdn MMFs on Hedera and Ethereum blockchains. The first transaction of the BlackRock MMF was completed on the Ownera FinP2P digital asset network, marking a significant step in broadening the range of tokenised financial products available to institutional clients. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

tobeydv

I asked, "What little known cryptocurrency has good technology innovation, adoption rate, team expertise, and regulatory environment?" The answer is slightly different from yours. OpenAI ChatGPT 4: Identifying a "little known" cryptocurrency that exhibits good technological innovation, adoption rate, team expertise, and a favorable regulatory environment requires looking beyond the top cryptocurrencies by market capitalization. Here are a few cryptocurrencies that might fit this criteria, although they may have varying levels of obscurity and risk: 1. **Algorand (ALGO)**: Algorand is designed to speed up transactions and improve efficiency, compared to older blockchain systems. It uses a Pure Proof-of-Stake (PPoS) consensus mechanism, which is designed to reduce the energy consumption associated with mining. Algorand is known for its strong academic roots and a team led by Silvio Micali, a professor at MIT and a Turing Award winner. 2. **Hedera Hashgraph (HBAR)**: Unlike traditional blockchain, Hedera Hashgraph uses a graph-based consensus mechanism that allows high throughput and low-latency consensus. Hedera has gained some adoption for enterprise use cases and is governed by a council of global companies, which includes Boeing, Google, and IBM, among others. 3. **Tezos (XTZ)**: While somewhat more known, Tezos is noteworthy for its on-chain governance process, which allows the protocol to evolve through community consensus rather than hard forks. This could potentially lead to a more stable and adaptable regulatory stance over time. 4. **Avalanche (AVAX)**: Known for its high throughput and low latency, Avalanche provides a platform for decentralized applications and custom blockchain networks. It is considered innovative due to its unique consensus protocols and has been gaining traction within the DeFi community. 5. **Cosmos (ATOM)**: Cosmos aims to solve some of the hardest blockchain problems related to scalability and interoperability. With its novel inter-blockchain communication (IBC) protocol, it enables different blockchains to exchange data and tokens with each other seamlessly. When evaluating cryptocurrencies, particularly less known ones, it's crucial to consider not just the technological aspects but also market adoption, the expertise and credibility of the team, and the regulatory landscape in which they operate. Each of these factors can significantly impact the potential success and longevity of a cryptocurrency. As with any investment, it's important to conduct thorough research and consider the associated risks.

Ok-Cut-9160

My picks Arkham,Raydium,Fet,HBAR

eckstuhc

The obvious answer is DCA. But if you’re jumping in at once, break it up by mc tiers. 20% in BTC. 30% in one or two Top 10 coin. (I would 50/50 SOL and TON) 20% in one Top 25 coin. (APT is my bet) 20% in two Top 50 coin. (KAS and HBAR) 10% in one or two memes. Something 100m-500m mc.

bds8999

How does it feel to hold HBAR

Bungkai

Source that those companies "own and operate HBAR"? As far as I know, google is just running an HBAR node on GCP lol, this is a farcry of "owning and operating". If partnerships and running a node is all you need to convince you, I got some snake oil that will make you look 18 again

GoodSamoSamo

lmao tell me what all these HBAR transactions are because its clearly not any kind of organic network activity. Everyone know HBAR txns are nonsense and the only people who give a shit about HBAR is retail crypto normies. $SOL Total DEX Volume Past 7 Days: $8.67B $HBAR Total DEX Volume Past 7 Days: $37.3M [https://defillama.com/dexs/chains/solana](https://defillama.com/dexs/chains/solana) [https://defillama.com/dexs/chains/hedera](https://defillama.com/dexs/chains/hedera)

GoodSamoSamo

Why wouldn't you compare decentralized exchange trading volume? You're quantifying how much value has been exchange on the chain over a certain period of time, which lends insight into which chains are seeing more demand than others. I know HBAR crew loves to point to txn count because the network is really good at bullshitting what counts as a transaction. But the reality is that literally no one outside of r/cc retail crypto ppl cares about the project. There is no NFT ecosystem, no DeFi ecosystem, no stablecoins, no institutional interest, no original projects, no organic partnerships that aren't a load of bullshit, and no serious crypto influencer or fund manager actually talks about HBAR. It's just a bunch of retail bag holders who have gotten duped. Also, there are a number of different projects on Solana doing original things aside from memecoins, which is no different than 2016-2017 ICO craze that brought in a tons of users and developers and is just as bullish for the network. To write off Solana's recent jump in interest amid a memecoin craze is incredibly foolish.

GoodSamoSamo

Hard to get clogged when no one is using the chain. $SOL Total DEX Volume Past 7 Days: $8.67B $HBAR Total DEX Volume Past 7 Days: $37.3M [https://defillama.com/dexs/chains/solana](https://defillama.com/dexs/chains/solana) [https://defillama.com/dexs/chains/hedera](https://defillama.com/dexs/chains/hedera)