And if you burn your tokens, your HTR will be returned. To do so, stake 1% in HTR of the number of tokens you wish to create. Hathor also has a unique custom token creation option. It’ll be exciting to see how they manage to pull the project off. And HathorSwap, a native alternative to Atomic Swaps, is in development. Other separate tokens can be exchanged on the same transaction to increase security and efficiency. The contracts use oracles to ensure that contracts have a reliable data source.Ītomic Swaps is also integrated with the Hathor network. Hathor also uses Nano-Contracts, similar to the Smart Contracts on Ethereum, but with a lot lower fees and computation power. This ensures that rewards are fairly distributed without sacrificing decentralization. The consensus mechanism links with Bitcoin and Litecoin Mining rewards. In a way, Hafthor’s architecture is a combination of Bitcoin and IOTA.Īs we mentioned earlier, Hathor, because of its DAG technology, uses Proof of Work mining. Hathor aims to solve IOTA’s issues, such as their DAG solution not being efficient enough when the transaction per second is small. According to the executive summary, their main inspiration for the project is IOTA. Hathor claims to have chosen this alternative because it is scalable, decentralized, and efficient. And the DAG comes into play when it increases. The blockchain makes the transactions safe if the number of transactions per second is small. The project does so by including a chain of mined blocks in every DAG of transactions. Hathor aims to solve scalability and decentralization maintenance among crypto projects, also known as the blockchain trilemma.
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