What about Hedera Hashgraph?

[Abiky]

It's been quite some time since Hedera Hashgraph has been announced, which aimed to be a competitor of popular cryptocurrencies like Bitcoin and Ethereum. The team behind this new cryptocurrency, claims that Hashgraph can replace the Blockchain as it's faster, and more scalable than any other cryptocurrency today. However, to me it seems that this cryptocurrency is nothing more than another DAG coin like Nano and IOTA.

Despite this, Hashgraph hasn't been released yet (as far as I'm aware) and it's not available for trading across the crypto market. Whenever it will be able to overcome top-tier cryptos like Bitcoin and Ethereum is yet to be seen.

Nonetheless, what are your thoughts about this?

[mich]

It's been quite some time since has been announced, which aimed to be a competitor of popular cryptocurrencies like Bitcoin and Ethereum. The team behind this new cryptocurrency, claims that Hashgraph can replace the Blockchain as it's faster, and more scalable than any other cryptocurrency today. However, to me it seems that this cryptocurrency is nothing more than another DAG coin like Nano and IOTA.

Despite this, Hashgraph hasn't been released yet (as far as I'm aware) and it's not available for trading across the crypto market. Whenever it will be able to overcome top-tier cryptos like Bitcoin and Ethereum is yet to be seen.

Nonetheless, what are your thoughts about this?

Not too much news in the past few months but now it looks like big things in the near future as Hedera Hashgraph will launch its blockchain in beta and begin releasing its $HBAR tokens to investors on Sept. 16.

Hedera Hashgraph Blockchain to Launch, Release Coins Starting Sept. 16

https://www.coindesk.com/hedera-hashgraph-blockchain-to-launch-release-coins-starting-sept-16?utm_source=twitter&utm_medium=coindesk&utm_term=&utm_content=&utm_campaign=Organic%20

Hedera Hashgraph, a blockchain-like public network for enterprises, is adding a U.S. financial giant to its governing council.

Hedera announced Thursday that FIS Global will become the ninth addition to its 39-member council. Hedera also announced that it intends to launch its mainnet in beta on Sept. 16.

[Abiky]

Not too much news in the past few months but now it looks like big things in the near future as Hedera Hashgraph will launch its blockchain in beta and begin releasing its $HBAR tokens to investors on Sept. 16.

Hedera Hashgraph Blockchain to Launch, Release Coins Starting Sept. 16

https://www.coindesk.com/hedera-hashgraph-blockchain-to-launch-release-coins-starting-sept-16?utm_source=twitter&utm_medium=coindesk&utm_term=&utm_content=&utm_campaign=Organic%20

Hedera Hashgraph, a blockchain-like public network for enterprises, is adding a U.S. financial giant to its governing council.

Hedera announced Thursday that FIS Global will become the ninth addition to its 39-member council. Hedera also announced that it intends to launch its mainnet in beta on Sept. 16.

Hedera has been quite silent for some time after it's Hashgraph blockchain was announced. Not much as been known of the cryptocurrency until now. While I admire the technical aspects of Hashgraph, I believe that it needs more marketing/promotion in order to achieve real uses within the mainstream world. As not many people know about this revolutionary cryptocurrency, demand will be at its lows. It's yet to be seen whenever the mainnet launch of Hashgraph will trigger a boost in mainstream adoption.

Comparing Hashgraph versus other DAG-based cryptocurrencies, I'd say that it's more of the same. I don't see any difference between Hashgraph and popular DAG-based cryptocurrencies like NANO and IOTA. The Hedera team would need to prove that Hashgraph is superior than existent DAG-based cryptocurrencies. Other than that, I don't see it going anywhere in my opinion.

Nonetheless, Hashgraph's launch will experience contention among already established players such as NANO, IOTA, Constellation, and Coti. Only one of these cryptocurrencies will prove to be the best in terms of scalability and mainstream usage. We'll have to wait and see how everything unfolds for Hashgraph by Sept 16, before rushing to any conclusions.

[Kang TB]

thi project now on coinmarketcap
https://coinmarketcap.com/currencies/hedera-hashgraph
when i look at the explorer the circulating supply is about 1,569,489,797 HBA
https://hash-hash.info
seems this alt will be at the TOP list on coinmarketcap, when the site updates its circulating supply

[Crypt0BHunter]

IMHO the immutability of DAGs has been not proven yet, and it will take time to while cases in real use test fault tolerance

[fiatlux]

Very interesting project, many good exchanges. Bittrex for example. By the way HBAR is very hot now, panic buy will be happen

[Ucy]

Seems the project is sacrificing decentralization to achieve high tps according to this website https://cryptoslate.com/hedera-hashgraph-sacrifices-decentralization-throughput/. And it has managed to attract the backing of major corporations. Interesting...

[crypthough]

In my opinion they need a very good marketing to survive. They have strong competitors with a strong community like IOTA.  The target should be to stand out from the masses and build a solid community around the project, build good Partnerships and try to have more news especially good news. Many very good projects fail because the marketing. You can have the best product, but if you are the only person who knows that the product exists, it's worthless.

[fiatlux]

Hedera has garnered support from telecom players and tech vendors, even those that have their own blockchain services. Indian tech giant's Tata Communications, IBM, Deutsche Telekom, and FIS Global, which acquired WorldPay earlier this year, are among 10 companies on Hedera's governing council.
Hedera claims that its Hashgraph is capable of processing more than 10,000 cryptocurrency transactions per second, at the cost of approximately $0.0001 in fees per transaction.
25 - 60 cents per one HBAR in near future I think

[LuckyBtc]

Very interesting project, many good exchanges. Bittrex for example. By the way HBAR is very hot now, panic buy will be happen

People FOMO buying HBAR will be sore losers, Seed investors will keep dumping as they've gotten their share for $0.001 I believe. HH isn't any special there are way better blockhains that can outpace HH in many ways, The only special about HH is their partnerships.

[Abiky]

People FOMO buying HBAR will be sore losers, Seed investors will keep dumping as they've gotten their share for $0.001 I believe. HH isn't any special there are way better blockhains that can outpace HH in many ways, The only special about HH is their partnerships.

That's certainly true, mate. If the ICO price was lesser than the current price per coin, then I'm afraid that early investors of hbar will dump the cryptocurrency over time. Not to mention, its total supply is huge with billions of coins in circulation. This would prevent hbar from further rising in price as they lack scarcity within the market (unlike Bitcoin). Because of the way hbar was designed, I'm afraid that it would only be worth cents (USD) instead of dollars across the crypto market. Despite the price issue, Hashgraph makes use of a technology similar to a DAG where it puts scalability in mind.

Of course, there are far better Blockchains out there. However, Hedera could gain traction within the mainstream world as it forms partnerships among recognized businesses and Banks alike. It could greatly rival XRP and even XLM as we know it. With a good amount of marketing/promotion, I don't see why hbar will become a success within the future. As we all know, most cryptocurrencies with inferior technologies than others have succeeded within the mainstream world because of their marketing/promotion techniques. With this, the crypto project could generate a lot of hype among its investors leading it towards new heights.

All in all, hbar would need to prove itself unique among its competitors by delivering breakthrough technologies and features that were never before seen. With IOTA, NANO, Constellation, and even Coti in place (which make use of a DAG) the competition will become extremely fierce for Hedera Hashgraph. Just my opinion

[mannybitcoins]

I always feel anticipation about new coins, because it gives hope and proves that cryptocurrency is here to stay, that it's not a dead end.

[poornamelessme]

People FOMO buying HBAR will be sore losers, Seed investors will keep dumping as they've gotten their share for $0.001 I believe. HH isn't any special there are way better blockhains that can outpace HH in many ways, The only special about HH is their partnerships.

I thought there was a lockup for 4 years for early investors, but just reading now that I think they changed that so it's a slow payout over the first year. So yeah, seed investors may be dumping for a while. I'm reading their buy-in was around .003-.005, which is a pretty nice profit even at current low prices. A lot was given away for free for developer work too.

Although I also see a ton sold at around .12, but I guess if those folks haven't sold yet, they are kind of stuck for now.

So it may play out like a bounty situation, where everyone who got cheap or free coin will be dumping, but in this case it may take like a year for the total dump to finish. Early investors will be in profit pretty much no matter how low the coin goes (unless it goes insanely low).

[magisterr]

People FOMO buying HBAR will be sore losers, Seed investors will keep dumping as they've gotten their share for $0.001 I believe. HH isn't any special there are way better blockhains that can outpace HH in many ways, The only special about HH is their partnerships.

I thought there was a lockup for 4 years for early investors, but just reading now that I think they changed that so it's a slow payout over the first year. So yeah, seed investors may be dumping for a while. I'm reading their buy-in was around .003-.005, which is a pretty nice profit even at current low prices. A lot was given away for free for developer work too.

Although I also see a ton sold at around .12, but I guess if those folks haven't sold yet, they are kind of stuck for now.

So it may play out like a bounty situation, where everyone who got cheap or free coin will be dumping, but in this case it may take like a year for the total dump to finish. Early investors will be in profit pretty much no matter how low the coin goes (unless it goes insanely low).

OMG... I cant understand hy people went into such projects which are raising so crazy money and selling tokens totheir friends under the table with crazy doscounts...
And its only 2% of all tokens in circulating now.. what happens when all tokens will be unlocked?

[poornamelessme]

People FOMO buying HBAR will be sore losers, Seed investors will keep dumping as they've gotten their share for $0.001 I believe. HH isn't any special there are way better blockhains that can outpace HH in many ways, The only special about HH is their partnerships.

I thought there was a lockup for 4 years for early investors, but just reading now that I think they changed that so it's a slow payout over the first year. So yeah, seed investors may be dumping for a while. I'm reading their buy-in was around .003-.005, which is a pretty nice profit even at current low prices. A lot was given away for free for developer work too.

Although I also see a ton sold at around .12, but I guess if those folks haven't sold yet, they are kind of stuck for now.

So it may play out like a bounty situation, where everyone who got cheap or free coin will be dumping, but in this case it may take like a year for the total dump to finish. Early investors will be in profit pretty much no matter how low the coin goes (unless it goes insanely low).

OMG... I cant understand hy people went into such projects which are raising so crazy money and selling tokens totheir friends under the table with crazy doscounts...
And its only 2% of all tokens in circulating now.. what happens when all tokens will be unlocked?

Comes across a bit like a pyramid scheme. But that's sort of what all early investor projects look like. I guess it just looks worse here because of the bear market + lockup terms changed.

And yeah, once all of the tokens are in circulation, things may not look so pretty.

[Nadziratel]

It's been quite some time since Hedera Hashgraph has been announced, which aimed to be a competitor of popular cryptocurrencies like Bitcoin and Ethereum. The team behind this new cryptocurrency, claims that Hashgraph can replace the Blockchain as it's faster, and more scalable than any other cryptocurrency today. However, to me it seems that this cryptocurrency is nothing more than another DAG coin like Nano and IOTA.

Despite this, Hashgraph hasn't been released yet (as far as I'm aware) and it's not available for trading across the crypto market. Whenever it will be able to overcome top-tier cryptos like Bitcoin and Ethereum is yet to be seen.

Nonetheless, what are your thoughts about this?

Many projects, along with Bitcoin, are slowing down due to the poor market trend. Hedera Hashgraph may therefore not yet be published. I'm sure they've made statements about it on social media channels.

[Febo]

People FOMO buying HBAR will be sore losers, Seed investors will keep dumping as they've gotten their share for $0.001 I believe. HH isn't any special there are way better blockhains that can outpace HH in many ways, The only special about HH is their partnerships.

I thought there was a lockup for 4 years for early investors, but just reading now that I think they changed that so it's a slow payout over the first year. So yeah, seed investors may be dumping for a while. I'm reading their buy-in was around .003-.005, which is a pretty nice profit even at current low prices. A lot was given away for free for developer work too.

Although I also see a ton sold at around .12, but I guess if those folks haven't sold yet, they are kind of stuck for now.

So it may play out like a bounty situation, where everyone who got cheap or free coin will be dumping, but in this case it may take like a year for the total dump to finish. Early investors will be in profit pretty much no matter how low the coin goes (unless it goes insanely low).

OMG... I cant understand hy people went into such projects which are raising so crazy money and selling tokens totheir friends under the table with crazy doscounts...
And its only 2% of all tokens in circulating now.. what happens when all tokens will be unlocked?

Any coin needs usecase. If there is none it does not matter how many coins there are they will be worth close to zero. IOTA have usecase. They partner with everyone.    Hedera Hashgraph needs to finds its niche.

[Aabcde]

To be honest, I only heard the name Hedera at the same time as this thread. If I look at the website, they claim to be the 3rd generation or can be interpreted in my understanding that hedera is the next top coin besides bitcoin and eth with 10,000+ tps. Maybe I will follow further developments through their social media.

[Abiky]

Any coin needs usecase. If there is none it does not matter how many coins there are they will be worth close to zero. IOTA have usecase. They partner with everyone.    Hedera Hashgraph needs to finds its niche.

Completely agree with you, mate. IOTA has already found a use case for the mainstream world, so I don't see why Hedera Hashgraph can't do the same. After all, Hashgraph is based on the same technology (sort of) as IOTA. It's believed that DAGs are the successor of Blockchain technology. With improved performance, and lower costs, DAGs bring a whole new era of payments within the mainstream world. Hedera could simply make partnerships with several banks and mainstream companies in order to become widely adopted across the globe. While I'm not quite fond of Hashgraph's centralization, it's much cheaper and faster to use than most cryptocurrencies of today. The competition will be fierce as DAG-based cryptocurrencies like Hashgraph, IOTA, Nano, and even Constellation, battle their way towards becoming the #1 payment system for mainstream finance.

As of now, prices per Hashgraph are still relatively low (considering its true potential) across the market. It's still in its very beginnings too. So we'll have to wait and see what happens within a couple of years from now, as the cryptocurrency develops into a platform solid enough to rival its competitors within the mainstream world. "HBAR" may be undervalued, as it's one of the fastest cryptocurrencies in existence today. But no one can tell with certainty what its price will be in the long run. Hopefully, Hedera Hashgraph would be here to stay for many years to come. Just my opinion

[alevlaslo]

Hedera has garnered support from telecom players and tech vendors, even those that have their own blockchain services. Indian tech giant's Tata Communications, IBM, Deutsche Telekom, and FIS Global, which acquired WorldPay earlier this year, are among 10 companies on Hedera's governing council.
Hedera claims that its Hashgraph is capable of processing more than 10,000 cryptocurrency transactions per second, at the cost of approximately $0.0001 in fees per transaction.
25 - 60 cents per one HBAR in near future I think

Fantom has 20000 tps

https://bitcointalk.org/index.php?topic=5060756.msg53638068#msg53638068