Hathor

What is Hathor?

Hathor operates on blockchain technology, specifically Distributed Ledger Technology (DLT), and boasts two primary distinguishing features:

• Exceptional scalability without compromising security and decentralization.
• User-friendly design, incorporating advanced functionalities—typically requiring smart contracts in other blockchains—as readily available solutions.

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Recent Video Interview

Main points of the interview:

• Hathor's unique architecture blending DAG and blockchain.
• Hathor's low-code platform simplifies integration and development.
• The network employs a green initiative, using merged mining with Bitcoin and encouraging renewable energy use.
• Hathor originated in Latin America, now boasts a global community and multiple innovative use cases.

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Key Features

• High Scalability: Hathor represents a natural progression from Bitcoin's blockchain, achieving over 200 transactions per second without relying on a central coordinator or master nodes.
• User-Friendly: This scalable blockchain empowers anyone to create their token in under a minute, eliminating the need for understanding concepts like "gas," "solidity," or "ERC-20."
• Zero Fees: Sending or receiving tokens on Hathor incurs no charges.
• Built-in Atomic Swap: Different tokens can be securely exchanged within the same transaction.

Architechture Overview

The Hathor architecture consists of five main components: Hathor headless wallet, Hathor Network, Hathor full node, the entity's system, and the integration environment. The Hathor headless wallet, serving as the official headless wallet of Hathor, operates as a wallet application with an API interface. Entities are required to run their own instance of Hathor headless wallet for security reasons, as it stores their private keys, granting access to funds. While Hathor headless wallet is typically the preferred choice, some use cases might opt for alternatives like implementing a wallet directly within the entity's system or utilizing the Hathor wallet library. Operating instructions for Hathor headless wallet are detailed in the article "Hathor headless wallet pathway."

Hathor Network

Hathor Network serves as the official public blockchain implementing Hathor, featuring a peer-to-peer architecture typical of authentic blockchain networks. Wallet requests within this network are not routed through a central server but instead are received by a peer, specifically the entity's own Hathor full node.

The Hathor full node is a fundamental component of Hathor Network, functioning as a peer within the network. Entities are required to operate their instance of Hathor full node for several reasons. First and foremost is security, as becoming a peer on the network ensures a trustless environment—a key advantage of blockchain technology. Additionally, relying on third-party full nodes, whether public or other entities', may not meet the higher security requirements of use cases with numerous users.

Hathor Data Output

Blockchain technology is utilized in various use cases to introduce traceability into specific business operations and assets. In the Hathor network, when data outputs are used in transactions, a token is generated to represent a particular operation or asset. The associated metadata is then recorded, either on IPFS (with the blockchain storing the link) or directly on the blockchain through a data hash.

This token functions as a unit, facilitating the grouping of transactions, allowing users to browse all transactions related to the token and access the entire information history. Similar to the creation of NFT transactions, the addition of a data key to an output is achieved by spending 0.01 HTR.

Hathor Labs

Hathor Labs is the leading organization responsible for developing the blockchain technology utilized by Hathor Network, a decentralized public blockchain. Despite being separate entities, Hathor Labs serves as the primary contributor, driving innovation, conducting research, and implementing technological advancements to improve scalability, usability, and overall capabilities of the Hathor Network's blockchain. The company's commitment to research, user experience, and developer support distinguishes it as a crucial partner for Hathor Network. Key figures within Hathor Labs include Volker Kuebler as CEO, Marcelo Salhab as Co-Founder & CTO, and Yan Martins as Co-founder & CIO.

Partners and Intergrators

Partners/intergrators of Hathor:

• A&M: Global professional services firm with 7,000+ employees across four continents.
• Mobiup: Software house specializing in mobile solutions, payment methods, and blockchain for finance, industry, and retail.
• Compass.oul: Brazilian technology company under UOL Group, employing 4,000+ specialists for high-level projects.
• Play 9; Brazilian digital media agency working with major influencers, specializing in online media, content curation, and digital platforms.
• AdiviseU: Founded by integration market professionals, operates in banking, real estate, finance, and other sectors.
• Blockforce: Blockchain Research & Builder offering consulting and digital products for impactful projects.

Project Development

Hathor is excited to reveal a partnership with Cryptogranjas, Argentina's largest cryptocurrency farm known for its focus on eco-friendly mining. Cryptogranjas becomes Hathor's first 100% native Green Miner, emphasizing its dedication to renewable energy and environmental sustainability. The collaboration, stemming from a lead generated at LABITCONF, represents a significant advancement for both Hathor Network and Cryptogranjas, highlighting the potential of environmentally conscious cryptocurrency mining practices.

Hathor Price Analysis

As of November 25 2024 Hathor has a marketcap of $29M. This is {{percentagefromath}} from its all time high of $2.45. In terms of its tokenomics, there's a total supply of 869M with 53% currently outstanding. Keep in mind Hathor has a fully diluted value of $55M which many investors might interpret as overvalued.

Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.