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Author Topic: [ANN][HTR] Hathor | DAG+Blockchain, PoW, Token Creation, NanoContracts, and more  (Read 528 times)
msbrogli
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December 28, 2019, 04:07:27 AM
 #1

https://s3.amazonaws.com/hathor-public-files/hathor-logo-black.png

Mainnet Launch Date: January 3rd, 2020

Hathor's technology is a natural evolution of Bitcoin's blockchain. Instead of arranging the transactions in a Merkle Tree inside the blocks, we arrange the transactions in a DAG--outside the blocks--which are confirmed by the blocks. Our blocks are lightweight and super fast to sync in the p2p network, even with thousands of nodes. Thanks to this design, we can scale to thousands of transactions per second.  Moreover, Hathor has potentially the same security as Bitcoin. It is a crypto with a scalable data structure for transactions.

Our architecture is based on the Ph.D. thesis of Hathor's founder Marcelo Brogliato, and it is a completely novel architecture. Public and open-source, with anyone welcome to join.

Ph.D. Thesis: https://bibliotecadigital.fgv.br/dspace/handle/10438/24615
White-paper: https://s3.amazonaws.com/hathor-public-files/hathor-white-paper.pdf
Source-code: https://github.com/HathorNetwork/hathor-core/

Why another Blockchain?

Hathor is a scalable tokenization platform. Filling out a form is all it takes, your token should be ready for use in less than a minute. There is no need to compile, configure or even program a smart contract. You don't need to know about "gas", "solidity", or "ERC 20" paraphernalia.

Creating a new token to explore a new use case must be just as trivial and mundane as taking a photo. You can take a thousand pictures and choose the best. Remember the old days when we had to develop the photos? Everything had to be perfect at the moment of the shot or costly errors would appear way later on. It must be the same for new tokens. You create 20 different tokens and keep only the best; you play around with new use case scenarios. The whole community can use Hathor in the search for the killer apps for blockchains, the most profitable ones, the most charitable ones, and so forth.

We think it is a grave error to assume the current state of affairs as some form of finality of blockchain evolution. Great use cases are about to be discovered if we unleash the right tool. The missing piece to unveil a token revolution is a scalable platform in which any 13-years-old kid can create their own token for fun, and also capable of handling all these future transactions. And we are developing this missing piece.

Why are we different?

- Highly scalable with no central coordinator or masternodes.
- Novel architecture using both DAG and Blockchain intertwined.
- No fees and fast transactions.
- Mining Blocks using Proof-of-Work.
- Built-in Atomic Swap for tokens.
- Nano-contracts: a more secure and straight-to-the-point vision for embedded smart-contract capabilities.

Can I join the network?

Sure! Hathor's network is public and distributed in a p2p network. Download our full-node and join our p2p network.

Links:
- https://github.com/HathorNetwork/hathor-core/

How to mine?

Anyone can mine blocks in Hathor's network. Our mining is Proof-of-Work using SHA256d (same as Bitcoin). We also support Merged Mining with Bitcoin, i.e., you can mine Hathor and Bitcoin at the same time. For further information, check out this link: https://hathor.network/resources/mining-tools/

What about Hathor Wallet?

Hathor Wallet is available for iOS, Android, macOS, Linux, and Windows. Go to this link, download our wallet and try our technology: https://hathor.network/get-started/

What are Hathors (HTR)?

Hathor (HTR) is the native unit of account of the Hathor Network, created as a utility token needed to access the decentralized capabilities of our technologies.

Where did the first batch of Hathors (HTR) come from?

The first 1 billion HTRs were created during the public launch of our network. In technical terms, they were encoded, or ”pre-mined”, in the Genesis Block, the first one generated ever and still enforced by the thousands of new blocks generated by current miners each day.

The pre-mined tokens will be distributed as follows:

- Team & Founders: 10%
- Advisors: 5%
- Pre-sale: 5%
- Operational expenditure: 60% (40% team + 20% others)
- Foundation: 20%

Community

Twitter: All news and updates
https://twitter.com/hathornetwork

Reddit: Join a discussion
https://www.reddit.com/r/HathorNetwork/

Discord: Talk to Hathor's developers
https://discord.gg/aWukZZX

Telegram: General discussion about Hathor
https://t.me/joinchat/EuErtxILeDefHbdD8pD0dw

GitHub: Dive deep into our code and enjoy
https://github.com/HathorNetwork

YouTube: Presentations, tutorials, and more
https://www.youtube.com/channel/UCJ88jdeV8MTP6Y7AQu7stsg/
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January 03, 2020, 02:09:21 PM
 #2

After 16 months of development [1], we are going to launch Hathor's mainnet. The launch is going to happen today at 18:15, celebrating Bitcoin's mainnet 11th anniversary.

Hathor's team will be online on our Discord Channel during the launch. Let us know if you need any help to set up a full-node or a miner.

Launch Date: Jan 3rd, 2020 at 18:15 UTC
Location: Hathor's Discord, https://discord.gg/aWukZZX

Thanks!

[1] First commit: https://github.com/HathorNetwork/hathor-core/commit/6345277e47191bb00523e8a6d00593da67e21658
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January 03, 2020, 02:30:25 PM
 #3

i just read the OP that the coin will be launch today, but when exactly?
will there be any pools available for mining later?

 
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January 03, 2020, 03:58:35 PM
 #4

i just read the OP that the coin will be launch today, but when exactly?
will there be any pools available for mining later?

Yes, it will be launched today at 18:15 UTC. You can join our Discord to follow the launch.

There are no pool yet, but there are multiple ways you can mine: (i) connect your miner to our Hathor's Stratum Server (you'd need to use our ccminer or cgminer software); (ii) run a local full node and connect your miner to it; or (iii) setting up your mini-merged mining pool (including a Hathor's full node, a Bitcoin full node, and the merged mining coordinator pool).

We are working on guides/tutorials for setting up your full node or miner.
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January 03, 2020, 08:34:15 PM
 #5

What's the block reward, annual inflation rate and max supply for the coin?

With a billion already premined, do you have some sort of distribution/unlock schedule to know when what amount is going to enter the circulating supply?

What's the vesting schedule for the premine?


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January 03, 2020, 10:18:06 PM
 #6

can you give the linkedin profile of your founder -Marcelo, as he wrote the PhD thesis on this? and where are the possible use cases of this hathor network?
where can we see hathor given its advantage of hundreds of txs per sec and as you mentioned on your site that you are focusing on the usability of hathor for the end user?




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January 03, 2020, 11:14:43 PM
 #7

What's the block reward, annual inflation rate and max supply for the coin?

With a billion already premined, do you have some sort of distribution/unlock schedule to know when what amount is going to enter the circulating supply?

What's the vesting schedule for the premine?

Hi!

You can check our economics here: https://hathor.network/resources/token-economics/

Yes, there is an unlock schedule. We will create a chart showing the circulating supply (and the unlock schedule) and put in the website. I'll let you know when it is available.

The whole team has a vesting of 4 years with 1 year cliff (with 10%) and vesting every 6 months (with 10% each except the last with 40%).

Thanks!
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January 03, 2020, 11:23:39 PM
 #8

can you give the linkedin profile of your founder -Marcelo, as he wrote the PhD thesis on this? and where are the possible use cases of this hathor network?
where can we see hathor given its advantage of hundreds of txs per sec and as you mentioned on your site that you are focusing on the usability of hathor for the end user?

My LinkedIn is in our website: https://www.linkedin.com/in/msbrogli/

There are several possible use cases. Anyone who would like to create a token can easily do it using Hathor. Check out this video: https://www.youtube.com/watch?v=L4UqSNjt9LE

We have more videos showing how to use Hathor's blockchain.

You can also create a token through Hathor Desktop Wallet where you have administrative tools, such as mint/melt tokens.

Our mainnet has just been launched so we cannot prove that it can handle hundreds of transactions. If you'd like to, you can run a testnet in test mode with as many nodes you want, and use our random transaction generation tool to test the network capacity.

Thanks!
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January 04, 2020, 11:35:14 AM
 #9

Quote
Circulating Supply: 20% (10% team + 5% advisors + 5% pre-sale) = 200,000,000 HTR
Does that mean the team and the advisor has their right to sell their coin as soon as it is listed on the exchange since it is categorized as a circulating supply?



 
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January 04, 2020, 01:26:10 PM
 #10

is it minable?
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January 05, 2020, 02:23:05 PM
 #11

is it minable?
Yes, it is.
they are using sha256d algorithm. You can read this part if you want to know how to mine it: https://hathor.network/resources/mining-tools/

 
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January 07, 2020, 09:02:26 AM
 #12

What's the block reward, annual inflation rate and max supply for the coin?

With a billion already premined, do you have some sort of distribution/unlock schedule to know when what amount is going to enter the circulating supply?

What's the vesting schedule for the premine?

Hi!

You can check our economics here: https://hathor.network/resources/token-economics/

Yes, there is an unlock schedule. We will create a chart showing the circulating supply (and the unlock schedule) and put in the website. I'll let you know when it is available.

The whole team has a vesting of 4 years with 1 year cliff (with 10%) and vesting every 6 months (with 10% each except the last with 40%).

Thanks!

Looking forward to the unlock schedule and chart for circulating supply. The tokenomics is still giving me pause for thought. The two decimal place was almost about invalidating the concern until I saw the unlimited supply.
So for the first year, the protocol will be approx. 67m HTR will be mined?


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