Hedera is governed by a council which has the world’s most influential companies and institutions, including (but not limited to): -Google -IBM -LG -Tmobile -UbiSoft -Chainlink Labs -Swirlds -Boeing -Standard Bank hedera.com/council
>HBAR foundation:
The above listed bodies (along with others) are constantly funding The HBAR Foundation with billions of dollars ($5 bn). In return, the foundation is allocating these funds toward attracting developers to build on the Hedera ecosystem hbarfoundation.org
>Funding:
So far HBAR foundation has allocated more than $500 million towards expanding the Hedera network/ecosystem. Here are the allocations:
-$250 million allocated for metaverse development -$155 million allocated for DeFi development -$100 million allocated for sustainable project development -$60 million allocated for Fintech development hbarfoundation.org/blog-post/the-hbar-foundation-2022-strategy
> 3rd generation public ledger:
The Hedera proof-of-stake public network, powered by hashgraph consensus, achieves the highest-grade of security possible (ABFT) with blazing-fast transaction speeds and incredibly low bandwidth consumption hedera.com/how-it-works
>Performance metrics:
-Transactions per second: 10,000 -Average fee: $0.0001 USD -Transaction confirmation: 3-5 second (w/ finality) -Energy use per transaction: 0.00017 KWH^^ hedera.com
they already have like 2 or 3 banks on their council so theyre pretty familiar with how this shit goes. hedera would be the only sensible choice right now
Levi Peterson
Good Morning Sanjay Good Morning Ramesh Good Morning Rajendra Good Morning Dinesh Wonderful HBAR thread we're having. I’ve been seeing quite a few people on crypto twitter mention Constellation DAG as the best thing ever. Does anyone have some insight on it? Is it a threat to Hbar tech wise?
Howdy Partner! It's Me Dr. Leemon Baird inventor of Hedera Hashgraph; the blockchain wrangler. Our first memecoin here is called CyberShiba you can 'em on tangent.bar. If you can handle 'em that is, he is a rowdy one. Happy Trails!
