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
Ethereum has a dead future. their ecosystem might be the most popular right now but they wont be able to keep up with high demand and adoption. Hedera can
that and the fact that ETH foundation will dump on you as soon as the price goes up by a little. hbar foundation doesnt. they allocate all their funds to expanding the ecosystem
Jaxon Bennett
Lmao same. bought a massive bag and just going to stake it. HBF is building and the tech is rock solid, I feel like this is blue chip in a few years max.
Carter Bell
i thought its already blue chip? we kinda fell back but i feel like we're heading back up. i dont see any other chain and foundation developing this right now
Bentley Gonzalez
What's the difference here? Developers will sell grant HBAR immediately to fund development, the Eth foundation is selling Eth to fund development.
might actually apply for a grant. kinda got sick of building on ETH Hedera's ecosystem still does have hat much competition on it so im guessing i can use this as advantage
Oliver Powell
why does eveyone keep mentioning their "fast growing ecosystem" i dont see anything coming out of that ghost ecosystem
Jaxon Jones
oh no no no he can't explain himself
Julian Powell
hey user >AshFall >integration of DAI >SauserSwap DEX launch >Zeus Market >Avery Dennison enterprise use cases >HeliSwap DEX launch
Anthony Ramirez
Sir I redeem my hbar for matic when you show bobs?
Anthony Edwards
you're one of the few people that actually answered this lmao thanks for the reply feels like im talking to myself on /biz sometimes
Damn you're only two years behind fantom. Better later than never though!
Nobody who values decentralization is going to use a hashgraph solution. Do with that information however you want. I've outed myself as a fantom holder so my time in this thread will be short lived
