SOL was DDoS attacked again. This attack exploited fundamental design flaws which are considered features by Solana as it Sacrifices decentralization and security for speed. HBAR has solved that security flaw all the while being ABFT. Never sacrifice security for speed.
I recently acquired a small bag, they use hashgraph to validate transactions more efficiently, while still remaining very secure. As I understood it security is one of their key aspects. Bigger compagnies (such as google) are looking at HBAR, which tells me it´s worth doing some further research on.
So many different coins with potential and so many scenarios depending on new legislation, partnerships, announcements etc. Some coins I think of are HBAR, REN, maybe Fantom one day, SHIB and Doge are wildcards, Stellar Lumens XLM could make waves since they partnered with Moneygram, lots of gaming projects Gala, Axie Infinity, Chromia, Immutable X; and then you have the sports aspect with Chiliz partnering with entire sports clubs, they recently teamed up with almost half of the NHL and it didn’t make waves as they announced it during a BTC crash. Honestly it’s a great question and whoever can see that far ahead will be a very successful
Please check out this lecture, given at Harvard University by Dr. Leemon Baird in 2017 (predating the aforementioned public network). https://youtu.be/IjQkag6VOo0 It discusses Distributed Ledger Technology as whole, what is can achieve, and the challenges it needs to overcome. I know, promoting one project out of the thousands is a bad look, but again, everything has been independently confirmed - it stands out for a reason The topics of the tech and Hedera are intertwined for me and that video is why. Ignore the HBAR token, and the Hedera public network. Ignore the governance council. Focus on the underlying technology, it really is just about as good as it gets mathematically - hardware is the next bottleneck. Just watch the introduction and have a sus, the lecture helped me understand the tech underneath crypto immensely. Deciding to ignore the potential for something which changes your perspective is only stunting yourself - you should have the research skills and the confidence to at least give a listen (I really like Leemon personally, I reckon he might grow on you) I must stress again, everything has been independently audited, everything they do has to be with the utmost legitimacy if they're looking to create a public trust layer. And the DAO in control has a lot to lose unlike the anonymous wealthy who call the shots in other networks in various ways.
Not only for that reason though and I think the term ETH killer, is disproportionate to what will actually happen. If you look at Fiat dominance and how it emerged there will be contenders that will become comparative to ETH… killers though… likely never. Vitalik is modest enough to recognize that although his coin has defi dominance it’s still not ready to scale. Speed to finality low gas fees and high TPS = mass adoption readiness. The masses won’t care about centralized or decentralized… despite what the founders and builders of these communities want… the masses just want to spend. What the real question should be is who’s the next ETH contender to get in the #DefiRing My bets are on $HBAR and $ZIL
Sure. Here’s [HBAR’s ](https://coinmarketcap.com/currencies/hedera/) page on Coinmarket cap. You divide the fully diluted market cap by the max supply. In the case of HBAR this comes out to $3.54, the Fully Diluted Value (FDV). This means that once all of the coins/tokens are circulating (theoretically 2035) this will likely be your market price per coin, based on current market cap. HBAR has their transaction price fixed at $0.0001. So unlike Ethereum for example, costly transactions will not include a rise in price for HBAR. Worse, USD is currently inflating at a rate of ~7%, which means HBARs transactions are decreasing in value, lessening any meager price action that would have, due to transaction costs. Let’s say you don’t believe me and you want to get your information from an HBAR believer. [Dany Eid](https://medium.com/@EidDany/hedera-hashgraph-vs-bitcoin-a-better-store-of-value-a0393fb2b822) contends that full adoption (50b) coupled with the theoretical limit of 1M TPS, would incur a token price increase of $2.59/shard X 20 shards (to reach 1M TPS). If you believe this magical thinking, then add those numbers to the fully diluted market value. This culminates in a very theoretical and wishful thinking value of $55.34 per HBAR. This means they at least maintain their market cap until every coin is released, then every single coin is purchased and put into circulation and demand is so high that the chain has to scale up to 1M TPS. Before anyone starts believing his math, note that in his comparison of HBAR to BTC, he lauds HBAR for its scarcity (50B to BTCs 21M) and he also lauds it for its security. If you peel the onion on HBARs tokenomics, they’re being released on this particular schedule in order to avoid any entity gaining control of 1/3rd of the tokens which would render the blockchain susceptible to a Sybil attack. Simply put, he’s clearly very biased. Now to the part about naming their own price. HBARs governance is so centralized that, say IBM is *the* sole governor for a period of years, then Google/Alphabet, etc. They hold sway over everything the chain does. Their interests lie in their own bottom line, not the success of HBAR. They support HBAR so long as they’re allowed to maintain control over it. It’s an assumption that this is the reason transaction prices are so low, but it’s a very valid assumption.
Anyone hear about the Walmart HBAR theory coming out of Arkansas? Searches for Hashgraph exploded specifically in Arkansas in the last month, it sounds like speculation and it absolutely is, still very interested in who Walmart will use to catalog stock
true I really didn’t flesh out that point, HBAR I was referring to op’s “real value” statement, as HBAR I think will a high use case token. ALGO as far as I know is the staking & governance token, which I think will bring it value
good question, Comparing to Harmony ONE which i know. (maybe i'm biased, but i try to learn from my : super fast , low fee exposure) So if u compare base stats NEAR >> ONE that's a fact then u go to NEAR & Harmony Explorer and defilama there is quite a difference. First of, Harmony has way more Tx, and Protocols which means more arbitrage BOT opportunities, which leads in Tx, seems logical.? Abi trage BOTS and Protocols making quite a lot of RPC calls, and that is what Harmony is fighting against the past few month. So NEAR has full sharding, Harmony kinda not, but would it work with the load of FTM or ONE ? SOL gets a lot of hate lately for stoping network, pretty shure 90% of top 100 would have to do the same. So we are looking which project would be able to keep up with SOL in the top 100: AVAX, FTM, ONE, NEAR, HBAR?, ELROND??, KLAY? Here we go...that's my opinion, the problem is not Transactions itself, most traffic is produced by smart contract calls, which produces RPC calls and so on. pretty sure Harmony/SOL/FTM will process all transaction since existence of ADA within ONE day (pun intended, also the theoretically ADA SM transaction :-) But it is really hard to re - run their own transaction from three days in one day, smart transaction are way more expensive to process, RPC calls and so on. So the real worth of NEAR comes out when it gets battle tested like FTM, MATIC, SOL, ONE and so on. FTM and MATIC increased their fees really hard to prevent spamming their network, SOL shut it down as we know, ONE struggled but did not fall and increased performance of their network. So currently NEAR has about 650k Tx per day, that's definitely better then most, but other like FTM,SOL, Harmony have about 4M per day. Will NEAR struggle with this load, keep in mind most of this are SmartContract interactions so quite expensive. If NEAR keeps up with this and is able to shard this, then NEAR is undervalued.
BTC, Digital Dollars (USD CBDC, whatever that ends up being called), ETH, HBAR, VET, TRAC, XRP, LUNA. If I had to guess, those are the ones currently in my portfolio (and one not yet in my portfolio) that I honestly believe are the most likely to be around in 12 years.
Lmao, like wizard coins are in some pedestal. And you’re just seeing that I post in Doge in response to the stupid shit I see in there. You want to know the projects I’m into? IOTA, HBAR, ADA, ONE, MATIC, ALGO, DOT, AAVE to name a few. Sure, pretend like your wizard token is special though.
My portfolio is about 80% HBAR and 20% ONE. At first I followed the advice of this sub, bought BTC and ETH and lost a lot of money. Bought in when they were close to their recent ATHs. It also occurred to me that if I only have a few grand invested in these two, for me to see life changing gains at this point BTC would have to 10x or more, and I just can’t see that happening. Same with Etherium. Then I converted those two to a bunch of Reddit friendly alts. MATIC, LRC, ALGO and a few others (no meme coins). Made some ok gains but I realized I was spread too thin. So I started to read up and watch videos on each project to try to understand which ones have the most potential. That rabbit hole led me to discover Hedera. I’m not going to pretend that I fully understand this technology but from my rudimentary understanding I think HBAR has the most potential of all crypto projects on the market including BTC and ETH. They have an attractive product for the enterprise world (big money). Low fixed fees, eco friendly, ABFT, potential for unlimited tps with sharding, partnerships with the biggest corporations on earth, they are extremely ambitious people, no hype and all substance, etc. it’s one of those hidden gems that a lot of retail investors ignore or brush off. ONE, to be perfectly honest, was recommended to me by a friend I trust. It sounds good on paper but I haven’t dug deeper yet. I’m considering selling ONE and going all in on HBAR but the lack of diversity makes me a little apprehensive. I just don’t see the same type of potential in ONE that do in Hedera. I think Hedera is going to dethrone Etherium, XNP, Fantom, etc. FUD: LRC is hot garbage. Not because of the tech but because of people like Byron and the general vibe of unprofessionalism. They operate like a bunch zoomer meme bros and they keep their investors in the dark. The main reason for their popularity seems to be Reddit and YouTube hype related to GME. I hate the cult like behavior in that sub. When I read the comments there I feel like I’m in some third world world casino run by the local cult.
https://m.youtube.com/watch?v=IjQkag6VOo0 This might help, he's talking about a specific DLT network (the public version Hedera was launched after this lecture in 2019) but it effectively goes over the challenges to creating this tech, what there is to be gained, and their ideas for solving said challenges - the Q&A is very informative. Keep in mind this is from the perspective of one developer and his team with skin in the game, I nonetheless found it very useful when I was learning about this tech as he explains everything in simple terms - it's fundamentally a math problem (though in creating a public network there's many more challenges) Slight shilling ahead, be warned (and DYOR) To be transparent, HBAR is my main holding by a large margin, I have many reasons to believe this public network will be successful beyond the pure technological fundamentals outlined in the above lecture. In many ways they already are, they have been adopted and are contributed to by industry leaders including Google, IBM, Boeing, LSE, IIT Madras, Deutsche Telekom, EDF, and many more, a council which democratically governs the networks and is composed entirely of legitimate, real world institutions which have a lot to lose by allowing anything shady to happen. They are Hedera. The Devs (Swirlds) hold an equal vote but unlike the other members they are not term limited. The reason so many institutions have adopted this particular network is because rather than being a subversive new movement like the rest of the crypto space, it simply makes existing things better, and allows us to do more, fairly, securely, cheaply and efficiently. Each are developing applications and moving over because the benefits are undeniable, and other than the process of moving over, there are no drawbacks. For example, here in Australia our debit provider eftpos (on the Hedera governing council) are doing just this, which means that all payments I'm involved in will be processed using Hedera (drastically reducing fees for vendors, and making finality of transactions instantaneous). Everyone I know will use the network many times a day without knowing a thing - meanwhile I will take a cut of the (miniscule, but many) transaction fees. Real world value. This is all to say that the market is misguided, the real use of this technology is lost in hype and products which don't offer fundamental value - the utility of 90% of cryptocurrency's is to capture value and nothing else - Ponzi schemes. The institutions which we need for the way we live our daily life are not fooled by the market - they know what's possible and they know where to find it, those are the whales you need to swim with if you want long term security in your investment. Hedera are the best at what they do and you can see why just by watching Leemon Baird talk. The two founders are former Airforce computer scientists, involved in some of the most classified shit you can't imagine - they consider everything. To make it even better, they are truly passionate about what this technology will achieve, at least as far as I can tell. And even if the only achievement they care about is really just filling their own pockets, they will do it by offering an undeniably good product. We are investing here after all.
SOL, HBAR, and CRO have all performed above and beyond my expectations in the past year. Recently they have been bleeding my portfolio thanks to these super fun dips/corrections. I may or may not have pulled some profit from 1 of these when they were up but I can't confirm nor deny it......
Some notable projects people are sleeping on, Fantom is an awesome L1 project, REN has one of a kind tech for coin conversion, already hit its 1B Max Supply, Chromia is really cool for game development, Stellars XLM has the most IRL applicability, Chiliz will be the definite “Sports” NFT token, and of course HBAR will be a top 10 coin very soon. Sorry what was the question again?
After weeks of research I bought Chromia, Ocean and Origin Protocol this dip, 500 coins each. This is gonna be my only purchase for 2022 since I hold 28 coins now (ADA, MATIC, MANA, ONE, GRT, FET, REN, HBAR, CRO etc etc). I deleted the app from my phone until Christmas thus year. This Reddit will be my only source of crypto news.
I think Matic, Fantom, One and Ada will survive. Probably LRC as well. Also HBAR, ALGO - coins which I do not own anymore but their people love them. I don't know anything but if I had to bet I could bet on these.
Don't listen too closely. Everyone is shilling their own cryptos. Would advise you to do some research if it's not already done. As for me I'll shill HBAR as I think it will be the future. Many use cases in the work, staking coming in Q2, big partnerships, etc... Have fun investing.😁
Honestly though, you need to stop comparing 2018 to now. We are in a completely unique climate. Just relax, tech is getting utilized much faster than we think. \[ eg: Hashgraph (HBAR), DLT (XRP) \]. Price in the short term means nothing. You got this my friend!
So yeah I didn’t mean to say that it literally cannot increase in price even though that’s what I literally typed out. My point is that HBARs fully diluted market cap is roughly 13 Bill. That would make each coin worth about $3.84 in 2035 US Dollars which was inflating at a rate of 6.8% as of Nov 2021. I mean, $3.84 is kinda wishful thinking for what HBAR brings to the table. It’s objectively a terrible retail investment. You’re simply not going to make any money with it even with extremely favorable circumstances. That’s ignoring the glaring security flaws (most POS chains worry about a 51% attack. HBAR has to worry about a 33.33% attack). It’s garbage tokenomics, the centralization issues which are mind boggling. Why would you let you’re customer name their own transaction price? The hash graph tech is way cool. The business of HBAR is kinda like VeChain gone horribly even wronger than VeChain.
You're about to get inundated with bag shills. You should also consider cap sizes when looking at coins. For example a coin might be sub 1c in price but can have the same market cap as eth. That said, Harmony ONE? Its got possibilities. Same as CRO and err.. HBAR? Maybe.. i dunno, i do most of my speculating drunk as a skunk. So while sober ive no idea about shit. Hell.. i bought a plot of land in a swamp in America.. so im probably unreliable.
Personally I'm extremely bullish on [LTX, Constellation's ($DAG) flagship project, which will run on its Hypergraph Network](https://youtu.be/r93lC1QBkwQ) which I can't find any serious competitors to (correct me if I'm wrong), and [Constellation itself](https://youtu.be/fqrJDVqyYzw) whose only real serious competitor is HBAR... [And here's a comparison video between the two from a very knowledgeable HBAR holder](https://youtu.be/DMoYwH64vrw) — TL/DW(atch): if Constellation can live up to its promises then it will most likely eat HBAR up... Then again, although they're similar projects (being DAGs) they're quite different in the audiences and organisations they're trying to reach.
According to [Bityard](https://support.bityard.com/hc/en-us/articles/4412520740505-Hedera-Hashgraph-Fundamentals-technicals-tokenomics-and-future-outlook) HBAR has a circulating supply of 18,287,755,431 and a max supply of 50,000,000,000, making it extremely inflationary. Additionally, HBARs governance council is the very multimillion dollar corporations that allegedly use it. They intentionally set the transaction price to a fixed minuscule amount and intend to hold it there. So serious question, centralization aside, why would anyone invest in it when it’s practically impossible to increase in price? Even for a very long term hold. At 50 billion tokens it would need to become the most valuable company in the history of the world for it to even rise to anything worthy of retail investment.