This video wasn't meant to be educational and is highly promotional. There is however plenty of tech videos out there. Or you could ask me and I'll answer what I already know, or guide you to the video that has the answer you look for.
I should rephrase: "I don't know what this it, but I want it!" Thanks for the offer. I've since checked out the project... and now I really want in haha
It is a good project, a shame the crypto community has difficulty understanding fundamentals, such as governance and why forks are bad. But to be fair, we don't really need the crypto community's approval, we just need the smart investors, the rest will follow in.
Thanks for sharing such valuable information! A bit off-topic, but I wanted to ask: I have a SafePal wallet with USDT, and I have the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). How can I transfer them to Binance?
"Where sprawling virtual worlds can be spun up in an instant, no server necessary". Anyone want to explain how? I'm guessing you'd stake hashgraph tokens to keep the site/whatever running? Is this realistically cost effective or will it end up expensive like Ethereum? (I understand that Hashgraph scales better because it uses a DAG)
Hashgraph only does a few seconds of work before consensus is reached. Last I check, a few seconds on a computer running 600 watts of electricity is less than a penny in cost. Now imagine this with 100,000 times cheaper cost because that's the number of transactions than can do in a matter of a few seconds. Hashgraph not being a blockchain, you have a flexibility that wasn't present before; doing the actual work of sorting through transactions in a decentralized manner.
SmileRobot -- Making transactions is exactly like running a server. Commands or API calls follows a very similar logic. If a shard can do 100,000 trx/sec, it doesn't matter if it's a game or wallets that runs on it. The end result is the same. As for virtual worlds, that's up to developers. Hashgraph is a network to be used by any 3rd parties at micro cost (fractions of a penny).
SmileRobot -- Websites are hardly demanding of a technology. If you really want to stress a technology, do it on a game. Hashgraph can already run games. The specifics depends of what type of game but yes, it can run your website too.
@Sojourn Soul -- Keep in mind, the US is not investment friendly when it comes to these types of market. That's not Hedera's fault, that's the US government for you. If you are outside the US, you may have further options.
Please make a video that actually explains what you are doing. Enough of buzzwords and nonsense marketing lingo. Tell the story so that ordinary people can understand it, and tell abut the real world problems, use cases and applications that are going to make you success and achieve broad based adoption. Thank you :-)
You must have missed out on a lot of videos. They have already shared use cases and CU Ledger is already using Hashgraph since last year. This spoke volume on how strong their algo is because they beat IBM hyperledger to that contract.
Dear Supremex67 - Thank you for sharing. Very interesting. Please provide more examples and insights. CU Ledger has announced that they will use Hashgraph for cross border payments. This is hardly new in crypto and I fail to see how Hashgraph is going to create a competitive advantage and market dominance in this field. Even more how they are going to monetize it... What are the real world "hair on fire" problems that Hashgraph is going to solve?
For starters, none of the cryptos out there are aBFT; this is a huge problem when corporations requires fairness. There's your "hair on fire" problem. The other issue cryptos in general faces is open source, now normally open source works except when money is involved. Whenever money is involved in an open system, someone will try to duplicate or in this case fork it. How many times was there a bitcoin forked? Whenever you fork a coin, you reduce its market cap and overall value, not to mention the headache developers are having having to support an extra platform whenever forking happens. Bitcoin forked over 10 times already. That's just 1 crypto example. Dr. Leemon Baird understood this problem and this is why they want the way of patents. Able to guarantee the coin will never fork offers stability in the market and for developers. Besides which billion dollar company wants to develop on a currency that may fork, losing potentially up to 50% of their investment. As for CU Ledger, they are already using the private ledger, the public version is to expand their network overseas. But the algo works, that's what matters the most. They also have 19 companies who signed an LOI which you might already be aware. That is 19 validations coming from blue chips company which had time to examine the technology and said yes in supporting it. Then there is all the other projects that has announced collaboration which you may find some of their names on the official website. The only sad part is they do everything in secrecy until they are ready to announce results and partners. They are not interested in hyping anything. As people say, this is the real deal.
"Whenever money is involved in an open system, someone will try to duplicate or in this case fork it. How many times was there a bitcoin forked? Whenever you fork a coin, you reduce its market cap and overall value, not to mention the headache developers are having having to support an extra platform whenever forking happens. Bitcoin forked over 10 times already. That's just 1 crypto example." When there's a useless Bitcoin fork it gathers little attention, and the value of Bitcoin doesn't change much. Also, if the new currency is not useful, devs will not support it. If it is useful, then it should be allowed to exist.
@smilerobot -- You obviously haven't kept track of forks have you. Bitcoin Cash is at 9% of Bitcoin market cap and that's just 1 fork. If I told a business over night they be losing 10% of their income, they be very upset. You see it as a minor impact however corporations aren't laughing. Without big money investment, it goes nowhere. Only thing keeping it alive is hype, nothing more. Bitcoin does nothing special that 100 coins is not already doing. Forking is the death of open source crytpo, the faster you realize its a problem, the faster you invest smart money.
@Charles Fuchs -- Patented extremely good, open source very bad. Honestly, I am tired of more scam coins and they only been around since open source. Coincidence?
like the tech bubble producing scam companies. yes you definitely make a wrong connection here. what about linux scam releases? all patented money systems will fail. imagine TCP/IP being patented. lol go away.
@hanspanzer -- And that's where you are wrong, Hashgraph has been patented for a long time and anyone who understands the tech, understands the value in the patent. Large companies already invested, what are you going to do with your $1 bill in your wallet? They are going public and that public network will also be used by companies, a long list already lined up waiting for version 1.0 What are you going to do with your chump change? If you can't understand the worth of the patent then I'll see you at the finish line. I prefer my money is protected, no protection with open source as anyone can fork it. Any fork can reduce the value of my coins, no f*king thanks.
With the HH platform, the future is now.
awesome, great job to all whom are involved, exiting times we live in
I feel like I've learned nearly nothing about the project and yet at the same time, this is hands down the best ICO video I've ever seen
This video wasn't meant to be educational and is highly promotional. There is however plenty of tech videos out there. Or you could ask me and I'll answer what I already know, or guide you to the video that has the answer you look for.
I should rephrase: "I don't know what this it, but I want it!"
Thanks for the offer. I've since checked out the project... and now I really want in haha
It is a good project, a shame the crypto community has difficulty understanding fundamentals, such as governance and why forks are bad. But to be fair, we don't really need the crypto community's approval, we just need the smart investors, the rest will follow in.
This seems like an interesting concept. I may do a programmers review of this
come back to your comment in 3 years I promise you you'll be shocked
Great video introduction to the Hedera Project!
Future is promising.
Boom! Love it. Great video!
Looking forward to watching the recording of the live stream today
Thanks for sharing such valuable information! A bit off-topic, but I wanted to ask: I have a SafePal wallet with USDT, and I have the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). How can I transfer them to Binance?
"Where sprawling virtual worlds can be spun up in an instant, no server necessary".
Anyone want to explain how? I'm guessing you'd stake hashgraph tokens to keep the site/whatever running? Is this realistically cost effective or will it end up expensive like Ethereum? (I understand that Hashgraph scales better because it uses a DAG)
Hashgraph only does a few seconds of work before consensus is reached. Last I check, a few seconds on a computer running 600 watts of electricity is less than a penny in cost.
Now imagine this with 100,000 times cheaper cost because that's the number of transactions than can do in a matter of a few seconds.
Hashgraph not being a blockchain, you have a flexibility that wasn't present before; doing the actual work of sorting through transactions in a decentralized manner.
Sure, but making a transaction isn't the same as running a server. What do they mean by "sprawling virtual worlds can be spun up in an instant"?
SmileRobot -- Making transactions is exactly like running a server. Commands or API calls follows a very similar logic. If a shard can do 100,000 trx/sec, it doesn't matter if it's a game or wallets that runs on it. The end result is the same.
As for virtual worlds, that's up to developers. Hashgraph is a network to be used by any 3rd parties at micro cost (fractions of a penny).
Perhaps I should rephrase. Can you run a website on Hashgraph alone?
SmileRobot -- Websites are hardly demanding of a technology. If you really want to stress a technology, do it on a game.
Hashgraph can already run games. The specifics depends of what type of game but yes, it can run your website too.
when will there be an ico, or something where i can invest in this project? :3
29 haters thumbs downed it
Posting this comment today. Can you believe it?
Background sound volume higher than man speech 👎
the idea of you is very incredible.
That's all great and dandy Hedara, but how would a small investor like me invest in this?
you can't until the token is out in a exchanger or whatever,
@Sojourn Soul -- Keep in mind, the US is not investment friendly when it comes to these types of market. That's not Hedera's fault, that's the US government for you.
If you are outside the US, you may have further options.
Is there some way to watch the recording of the livestream yet?
th-cam.com/video/FCy9FnOq19s/w-d-xo.html
How can I get text of this video?
Yes!
Anyone knows what program they used to make this video? Btw congrats on the launch!
Actually, I wouldn't knowing that too.
Please make a video that actually explains what you are doing. Enough of buzzwords and nonsense marketing lingo. Tell the story so that ordinary people can understand it, and tell abut the real world problems, use cases and applications that are going to make you success and achieve broad based adoption. Thank you :-)
You must have missed out on a lot of videos. They have already shared use cases and CU Ledger is already using Hashgraph since last year. This spoke volume on how strong their algo is because they beat IBM hyperledger to that contract.
Dear Supremex67 - Thank you for sharing. Very interesting. Please provide more examples and insights. CU Ledger has announced that they will use Hashgraph for cross border payments. This is hardly new in crypto and I fail to see how Hashgraph is going to create a competitive advantage and market dominance in this field. Even more how they are going to monetize it... What are the real world "hair on fire" problems that Hashgraph is going to solve?
For starters, none of the cryptos out there are aBFT; this is a huge problem when corporations requires fairness. There's your "hair on fire" problem.
The other issue cryptos in general faces is open source, now normally open source works except when money is involved. Whenever money is involved in an open system, someone will try to duplicate or in this case fork it. How many times was there a bitcoin forked? Whenever you fork a coin, you reduce its market cap and overall value, not to mention the headache developers are having having to support an extra platform whenever forking happens. Bitcoin forked over 10 times already. That's just 1 crypto example.
Dr. Leemon Baird understood this problem and this is why they want the way of patents. Able to guarantee the coin will never fork offers stability in the market and for developers. Besides which billion dollar company wants to develop on a currency that may fork, losing potentially up to 50% of their investment.
As for CU Ledger, they are already using the private ledger, the public version is to expand their network overseas. But the algo works, that's what matters the most. They also have 19 companies who signed an LOI which you might already be aware. That is 19 validations coming from blue chips company which had time to examine the technology and said yes in supporting it.
Then there is all the other projects that has announced collaboration which you may find some of their names on the official website. The only sad part is they do everything in secrecy until they are ready to announce results and partners. They are not interested in hyping anything. As people say, this is the real deal.
"Whenever money is involved in an open system, someone will try to
duplicate or in this case fork it. How many times was there a bitcoin
forked? Whenever you fork a coin, you reduce its market cap and overall
value, not to mention the headache developers are having having to
support an extra platform whenever forking happens. Bitcoin forked over
10 times already. That's just 1 crypto example."
When there's a useless Bitcoin fork it gathers little attention, and the value of Bitcoin doesn't change much. Also, if the new currency is not useful, devs will not support it. If it is useful, then it should be allowed to exist.
@smilerobot -- You obviously haven't kept track of forks have you. Bitcoin Cash is at 9% of Bitcoin market cap and that's just 1 fork. If I told a business over night they be losing 10% of their income, they be very upset.
You see it as a minor impact however corporations aren't laughing. Without big money investment, it goes nowhere. Only thing keeping it alive is hype, nothing more. Bitcoin does nothing special that 100 coins is not already doing. Forking is the death of open source crytpo, the faster you realize its a problem, the faster you invest smart money.
"Here's to the crazy ones"
release the patent and make your money on betting on hashgraph coins if it's that good. this will fail the way it is.
Naw, the patent is going to safe the tech, the failure is the 1600 coins out there, and growing each day. A lot of hype, no real world solutions.
Isn't this 100% completely centralized??
If you are asking if a company is in charged of all the decisions for Hedera's public network? The answer is no.
Patented, not good!
@Charles Fuchs -- Patented extremely good, open source very bad.
Honestly, I am tired of more scam coins and they only been around since open source. Coincidence?
Everything is a scam in life, just who is the next sucker :)
like the tech bubble producing scam companies. yes you definitely make a wrong connection here. what about linux scam releases?
all patented money systems will fail. imagine TCP/IP being patented. lol go away.
@hanspanzer -- And that's where you are wrong, Hashgraph has been patented for a long time and anyone who understands the tech, understands the value in the patent. Large companies already invested, what are you going to do with your $1 bill in your wallet? They are going public and that public network will also be used by companies, a long list already lined up waiting for version 1.0
What are you going to do with your chump change? If you can't understand the worth of the patent then I'll see you at the finish line. I prefer my money is protected, no protection with open source as anyone can fork it. Any fork can reduce the value of my coins, no f*king thanks.
Did you get triggered? lol