FedNow + Hedera vs Solana Payments 🔥 IT'S NOT EVEN CLOSE! 🚨
ฝัง
- เผยแพร่เมื่อ 10 มิ.ย. 2024
- edera’s crypto token rallied several times over the past month largely fueled by the Federal Reserve’s decision to add Dropp, a Hedera-based micropayments platform, to its instant payments service FedNow. Dropp is a pay-by-bank alternative to credit card payments allowing merchants to handle small-value purchases with no big transaction fees. On this episode we're comparing FedNow's crypto payments vs fully web3 enabled payments using Solana Pay.
00:00 intro
00:38 FedNow Launches
01:41 Hedera x FedNow Pump
03:33 Merchant Fees Are Killing Retail
04:56 Micropayments Problem
06:36 Dropp Streaming Payments DEMO
07:48 Hedera x Shopify
08:16 Fee Comparison
09:19 FedNow Fees
11:11 Hedera CBDCs
13:28 Hedera Transactions
14:19 Hedera Speed
15:27 Energy Efficiency
15:53 Solana vs Polygon Transactions
16:37 Solana Pay
17:11 Solana x Shopify
18:15 Solana Direct-To-Consumer
19:40 Solana Streaming Payments
20:38 Solana Pay For Gaming
21:05 Bitcoin & Visa vs Solana
22:21 Solana out of Beta
23:28 Conclusion
25:00 outro
#Solana #Crypto #Hedera
~FedNow + Hedera vs Solana Payments 🔥 IT'S NOT EVEN CLOSE! 🚨~
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Drop is adding these tranfer fees not hedera. Hedera transaction fees are $0.001 per transaction.
Paul you seemed to imply here that Fednow and/or Drop increasing their fees has something to do with Hedera. Hedera’s just the plumbing isn’t it? Their fees are fixed and pegged to USD as I’m sure you’re aware! Here you are again shilling Solana in a video you meant to make about Hedera. You crack me up 😅
FedNow needs Hedera, not the other way around
For what exactly? For "hacks"
@@lurker668 You can't hack Hedera (ABFT)....FedNow needs Hedera for it's speed, security, cost! No other system can match it.
@@lurker668lol the only hack that occurred was on pangolin dex that was on their end through a smart contract exploit, must be new to the space
@Thebimbambom do a bit of research into what ABFT means.
The Fed gives ZERO SH*TS about crypto bros, and they will RUG YOU ALL at their first opportunity.
They have ZERO intention to make you rich.
Adoption of DLT through Fednow has a massive headstart....and Hedera is that DLT for now.
Solana had its time but it’s old tech now, and a lot of people dont know hedera can be further upgraded so that 3-5 seconds finality isn’t end game, load up hbar folks
Didn’t realize hedera was the only blockchain that can be upgraded. Thanks for the info.
HBAR holders need to politely petition KRAKEN to list HBAR so that we are poised to capture as much liquidity as possible in the next major crypto bull run. The old blockchains have way more exchange listings and trading pairs than us.
This isn't aging well....lol
@@unlimitedcosmicspeed come back in 5 years
@@6.5GRENDEL hahaha....5 years? Not much of a comeback. I like HBAR but your assuming it will still be around then. Everyone uses the same cliche about their sweetheart coins. Come back after 2 yrs, 3yrs, 5 yrs etc. I heard the same for EOS the great ETH killer. Nothing happened. Great tech, promising future, some partnerships. CEO eventually got bored, cashed out and left, then eventually same thing happened to the developers....then project just floats around. This is crypto. This is what happens to most projects. The true believers end up holding worthless bags.
Why is Paul comparing Solana to polygon? What happened to Hedera vs Solana. He never compared them because he knows that there no competition when it comes down to Hedera. "Hello future "
Paul has a big solana bag! Lol
No question....I genuinely like Paul and think he's top 3 in the "crypto news" space....but he's definitely in his bag here
Good point!
@@tothefxckinmoon4540who would you consider other two top 3 crypto personalities? Please just don’t say Bitboy lol
@@NatalieDemary In no order... Paul, Coin Bureau and Real Vision Crypto
😂 he bought the dip
I think adoption will also include trust, fair ordering of transactions. True finality with time stamps, no less in order to stop front running.
Adoption curves....an absolute key point! Thank you!
Great information. Great job presenting.
Great analysis as always PB.
👋 👋 Thank you soo much 🙏 for the update. 😊 💪
Maybe I missed it but I didn't see a Dropp vs. Solana Pay speed test ? Please advise.
Really great analysis
Conveniently didn't compare the speed of Hedera with Solana or mention that Shopify is already building on Hedera lol
Nothings been confirmed yet. And Solana is obviously faster
Because nobody cares about Solana
@@DUES_EX Judging by the clip of Solpay speed id say Hedera and Solana are on par with speed or close enough for it to not be a factor.
@@DUES_EXfaster and unstable
@@DUES_EX it is if you count all the tx between the nodes that happen BEFORE consensus is reached. Miss leading the community. Hedera is averaging 1300 tps. Each tps is 1 consensus tx.
Thanks!
“This is when we start to see major adoption” every video for the past 2 years😂 appreciate all the news updates tho 💯
What’s your opinion on the high inflation rate moving forward with hbar? Due to the high inflation hbar will hbar get back to ATH.
Hedera is aBFT secure (Asynchronous), reaches finality in seconds, and has fixed predictable, super low cost transaction fees ($0.00001 per transaction). Are you paid by Solana? There is no comparison is right. Hedera runs circles around Solana.
But Solana has the advantage of network effect/adoption. Thats huge in the tech world...
@@ianjustin4389SOL is mediocre at best, is always crashing and it expensive AF compared to Hedera. Also uses way, way more energy
What adoption are you talking about? Trading jpegs in the only use case I could think about.
I think you have lost your mind or someone is paying you to lie. Hedera has done more transactions 17 Billion real transactions than the entire space combined by Enterprise giants like Avery Dennison, Coupon Bureau, etc and they are just getting started. @@ianjustin4389
And is super centralised, not really comparable in my opinion.
What stops these services from gouging customers with fees like already Ethereum has ?
Hedera is the way
Yeah, a gag is going to be the best thing for a centralized government. Hbar is extremely centralized is works perfect with total control.
Thanks for the thouht provoking content.
Solana is a technical toy compared to Hedera.
😂. HBAR 🚀
Sol to 1k LFG 🚀
hedera is cheaper than visa by a mile,and a fixed fee independent of hedera price....
But will it stay that way ? Being it’s controlled by the circle ⭕️
only thing is its annual I flation ratio
@@XPLORMORE13 it doesnt matter it has a limited supply, yes there will be “inflation” untill all is dropped but that is it.
@@TripleB101 i am all for ideology and hope for the people, but history shows that we are always getting shafted “ the game is rigged” so i d rather with money than being shafted poor🤷🏻♂️
@@rd-cv4vm u must think XLM has fixed supply too huh well it doesn't...
Hedera will be top 10 eventually
It could if it wasn't so inflationary
@@tomcarey3457the inflation doesn't effect the market cap lmao
The sec and gary be like "hold my cucumber sandwich" we got to stop all this 😅😅😅
Probably the best crypto channel
Hedera is having many achievements, Fednow, Drop, Hyundai, Atma, Calaxy, just to mention a few.
The other layer 1 will always come out to say that they are better, but for a reason they are selecting Hedera.
Damn! It’s like I knew that but it never really sank like that. Cheers for the reminder 🚀
Hedera still have only 20 nodes so they can boast TX speeds?
No one will never invest $1 again and again in Hbar again and again Hedera will always stay at the bottom of the ranking all the time until the Hedera team solves the tokenomics problem and the problem with the speculative hedge funds that buy slowly below 0.05 and after the good news comes they always sell at 0.06 /0.07 and push it Hedera Hashgraph back down below to 0.05 and send it and push it the Hedera Hashgraph again and again at the bottom, at the end of the ranking
Again and again and again
Its not bull market, its about Hedera management
Good news are coming for nothing until the team dont solve with tokenomics and with speculative funds
Sad but true, in this conditions, Hedera Hashgraph will always stay at the bottom of the ranking and the first and direct consumers on Hedera (the Hbar retail holders) will always seems fools, they feel cheated, they feel stupid people of the entire market
Dr. Leemon Baird & Mance Harmon always said they work for use case and for the consumers but they dont care about their first and direct consumers, the Hbar retail holders
Sad but true...
who sits on the board of hedera? Boeing, Google, T-Mobile , IBM, chainlink, Dell, LG. I have yet to find a crypto with this many conglomerates on. not only invested in, they sit on the board. who sits on the board of Solana? Sam bankman -Fried
I told my store a couple years ago I work at that when we can switch to Crypto transactions we can pass that discount to our customers.... some peoiple would really appreciate a 2-3% discount, they have no idea what I was talking about.
Paul needs to load up on Hedera's HBar and not so much Solana!
don't you know Paul is trying to get his Solana exit liquidity completed?
But sol network can’t stay up there is no way they can run a system that can’t stay up
It has stayed up fine since Feb & is getting 4 more validation clients which will boost security, decentralization & stability on the mainnet- some of these are rolling out before the end of the year.
Sol is just a paid shill campaign
In the bearmarket.
@@higgsxbosonyeah but how long has it been available? Too long to wait and taking forever to fix. Some employees from sol are transitioning to hadera... 🤫
Hedera wins
You are very professional! It is a nice change on the TH-cam channels. Keep up the good work and thank you!
Ya ya you love Solana we get it hehe Dopp the new Stripe? That's interesting opinion
Great. Now we can have quicker transactions to a dollar dropping in value. Solves what issue again?
How many total transactions has solana processed and how many have hedera processed? And which is more secure and green?
Exactly!
Paul trying to pump his solana bags lol
I like hbar but its tokenomics is awful and i prefer fast blockchains over hashgraphs but maybe DAGs is where its at? We just need one thats decentralized with low inflation. Solana Pay looks exciting and I will be using it that's for sure!
Theres a reason they chose Hedera. Wirh solana i doubt they solve the unstable issues that had in the past.
Tokenomics are getting a lot better now for hedera
@@mrmustang6977 not from what I'm seeing. 78 mill fixing to be dumped on the market soon, just in time!
@@mrmustang6977could you explain?
HBAR holders need to politely petition KRAKEN to list HBAR so that we are poised to capture as much liquidity as possible in the next major crypto bull run. The old blockchains have way more exchange listings and trading pairs than us.
It's smart to have a big Solana bag
Firedancer will shore up the only issue Solana has.
Keep holding that SOL bag and praying! 🙏 and maybe someday you'll be able to sell without a loss.
A L2 for SOL?
No it won't... And it's not their only issue
So maybe in a year Solana will be somewhat as secure as hedera is today? Imagine being a business and hearing those reassuring words 😂😂😂
@@troybr7957take a minute and name some of the top 20 cryptos that are not at a loss from all time highs. I’ll wait….
Paul it’s ok to still be in denial , you still have time to accumulate hbar ! 😊
😂
wow I realized US and EU lack behind in term of payment system in East Asia
The Cramer kiss of death.😂😂😂
What happened to xrp?
Yes I have been stunned by all these you tubers never mentioning Hedera when they talk about layer1s. PBN has talked about it the most- and BitBoy.
Yes Hedera is not blockchain but the speed, security, already use cases,….
Now everyone is talking about it
I knew Hedera would grab a lot of federal, govt , and military applications. Just because it’s not ‘decentralized’ doesn’t mean it’s bad tech . Hedera slowly onboarding web2 to Web3 while all the pump and dump influencers shill other platforms.
HBAR 🚀
Hedera dancer is live and ready
So FedNow partnered with Ripple and HBAR?
Solana keeps testing and trying things that network is shaky
Firedancer = gamechanger. You are spinnning an old narrative...
Hasnt went down in a while
prices to new heights.
Hedera!!!!!!!! 🎉
Lol. There is absolutely no way in hell Solana will beat out Hedera. As far as the fees are concerned, Hedera has NO control over the fees charged by any entity built on top of it. Hedera’s fees are fixed now and always and are ridiculous cheap. Hedera is the infrastructure only. Moving on…
Once Firedancer launches Hedera will be very far behind.
@@higgsxboson Keep dreaming. Lol.
Great video Paul, I'm very excited to see all your Solana content. Big things are coming!
Constellation DAG
Paul, your bag of SOL is falling out, you might want to tuck it back in. 😬
Yep - you got that right - jaw
So if Cramer likes Solana, then do we want it?
I hear the Inverse cramer ETF is very profitable
XRP being broken into one million drops and Hedera being involved with dropp inc seems really coincidental
Thanks for all news! 🏆🏆🏆🏆🏆
price goes up every two weeks
If you dont hold it you don't own it 💯
Drop is Not being used by Fed Now.
Its listed with 57 other parties that have not been chosen / approved yet. Only 50 of 108 are chosen / approbed so far. Hedera Drop not in use by Fed Now yet... Crypto with Klaus
HBAR WINS BY A MILE ... NO COMPARISON
- WAIT UNTIL THEY GET A LOAD OF ME... "KASPA/PAY" 🤘😎
I prefer SOL, but i like hbar too
Saucerswap is the next big dex Hedera
Sol is far superior to Hbar & I like Hbar.
We have been on a recession since the beginning of 2022, but big media and governments all over the world didn’t want to admit it. We need to be wise and use our brains. Knowledge is power and I’d like all the family to be powerful! Just purchased some AB
Solana is the future!
Solana back to paying off influencers? Seems like it. I hold both these assets but honestly waiting to see if Solana starts crashing once real bull run type transactions come back. It’s worthless as a payment method if it’s unreliable. Same for gaming and Defi. Imagine trying to make a trade that’s time sensitive and can’t complete the transaction because the network came to a screeching halt. It’s a REAL problem.
If Binance says, he knows
Solana??? The same Solana that has been hacked before how many times? Smh
Its never been hacked you have no idea what you’re talking about.
My reg bank acts clueless
Financial systems need the ISO 20022 certification/ capability
I love it that hedera is now being compared to solana 😂 top 10 next
I perfer solana any day over fednow
Solana has to learn to stay on first.
Wait… I thought XRP would be the global payment system. No?
Crossborder
Not sure when people will wake on solona. I suspect its coming soon making a good short opertunity.
People are well aware of Solana, they just think it's sh*t.
SEC has target on Solana's back vs Hedera being backed by the Evil Empire, I'm gonna have to pick the Evil Empire 🤣
Sadly YES, the evil empire wins in the real world unlike the movies shiiet it’s happenin’ right now. The flow of money is pouring into HBAR
Solana was a VC play. The money has already been made. It is history. Hedera is the future.
@@SwizzleSwish So the founder of FTX was the good guy?
we need those plastics with crypto and not Fiat!
sol will destroy so many layer 1s with firedancer....
HBAR is faster then XRP.
Not exactly its advertised to be faster say xrp can only do 1,500 tps however Ripple CTO says xrp can scale to unlimited transactions if they need to thats how the network was designed, he said if the demand is there they can scale to whatever is necessary... XRP is the only network right now that can work offline as well
HBAR IS BETTER THAN XRP IS EVERY CATEGORY.... and when you hear a partnership with HEDERA they have to use HBAR...85% of RIPPLE'S PARTNERSHIPS DON'T USE XRP and NO BANKS BUYS OR OWNS XRP
Paul nothing with integrity is going to use solana, they still not sure about FTX involvement
And HBar is inflationary... just like the Fed. Perfect match!
@@CryptoBellwether here you go listening to TH-camrs that lies and dont even know what they are talking about!! They go up tell lies!!!
You know why xrp stayed in the top 7 even in a lawsuit? Big money is behind it!! Any other project would have zeroed out
All the fools saying that the partnership does not use xrp you have to!! Thats how ripple net is set up
You think ripple would hold that escrow just for it to be useless??
Ripple needs the price of the Xrp token to appreciate in order for it to be a effective bridge currency , the higher the price the more stable the price, and thats what they want, xrp is not XLM, ripple is targeting banks and governments big money not retail
Boss my largest holding is hbar you understand not because I want it that way but its a 33X lower than xrp im seeking returns
Now ripple is not allowing anyone to use ripple net without utilizing the Xrp token, it would defeats the purpose of their entire business model!!
You think Ripple spent all these millions fighting the sec over a token that no banks are using or will be using??
Where does xrp volume come from?? Retail?? That shit was on like 2 exchanges
Stop listening to people that don't understand how the XRPL and Ripple net work! O hear them say that dumb shit all the time! Listen to people that understand ripple and Xrp and not haters or even some xrp holders that don't understand the business model!!
If no banks is using xrp or the partnerships foes not include xrp whats ripple doing with it? Why they fought so har over it?? Lol
Stop 🛑
I like watching PBN3's videos as they're informative. However, I feel like he (and/or his team) are too heavily invested in Ethereum and Solana.
I say this because in 49 out of the last 50 of his videos I've watched, he has shilled both networks and their respective coins. Not only does he shill it, but he also 'guides' his guests and re-words what they say into being a pro-ETH or pro-SOL argument.
Now that I've mentioned it, you're going to narrow in and see it in both his previous and future videos.
13:35 Hedera ~1k tps... just checked Solana Explorer... averaging 4.5k tps.... still got a ways to go. this comment section is filled with "look at this new shiny thing that I just loaded up and need you to be my exit liquidity".... just because its shiny doesnt mean its gold.. could be useless tin foil.
The official Hedera site is a bit wishy-washy and doesn't make it easy to find simple answers. Does Hedera still have only 20 nodes so they can boast TX speeds?
When Solana stops crashing and is able to tell time, then you can talk to me about it.
It only went down once this year, which is still not good but that narrative is getting old.
It already stopped crashing, this is why he is talking, but you are not listening.
It has gone down 10 times, 9 times in 2022, So I didnt create the narrative, solana did, "Only went down once this year," good luck with that narrative@@Crypto_Bird
No, I listened, you just aren't paying attention, how do you know it stopped, what would lead to believe it won't again. Fool me once shame on you, but i guess you need more than 10 times @@cfcf6216
DYOR dude and stop believing everything you read. There has been method to solanas madness. Now they have largely reached the network speed they desire, firedancer should fix their reliability issues.
Still schilling Sol hahaha!!
Solana any day ❤
Better blockchains than Solana out there...Algorand, Hedera are both superior
You realize that we’re talking about stable coins. They are trying to be the Blockchain of CBDC’s. This is anti-Crypto bro. Congrats algo and hbar. SOL = freedom and way faster and cheaper fees
They are both technologically worse than Solana bud, stop protecting your bags
Sol the crasher of Crashers. Most unstable techs out there.
@@kakinator2365 I have a little bit of H-bar and algo. And XRP. About 5% of total bag as a hedge. Actually a bit of atom and Matic. 60% BTC. SOL and BTC make up the rest. I call myself SOLbull because I sold a bunch of SOL for BTC. I got mostly lucky. I hope you do well too, but I saying that ALGO and Hbar are not good for crypto. They are strictly WEF plays. And I hope they go to zero
But also the fastest and cheapest.
Seems like somebody is holding a big bag of Solana 😂😂
HBAR isnt only fednow, its military intergrated with FILECOIN and spaceX, decentralized, web3, QNT linked, nfts, geverned by a council, bigbox coin that will change web3-4. SOLANA's javascript is crap. But to each their own. Edit: Also, yes, listen to Cremer 😂.
Well said bud…Hbar baby!!!!
Right on the money. Funny how people getting defensive because they know Hbar is superior to them all. DYOR fools 😂
Bullish on HBAR
HBAR and SOL aren't even in the same league.
Solana not getting it only because they cant control their fee
Or maybe because it drops a dookie every so often?!🤦♂️
@ohhellyeah3564 you mean hbar right if so, they keep unlocking coins, which make the price drop in till next year they will stop. Also, the government needs no downtime solana cant do that
Question is Solana an approved Fednow service provider? No. Good try though..😅
Trust will play a big part in adoption. Solana is very lacking in the trust department and therefore will struggle with asoption.
Firedance = gamechanger
That is true though. It’s a solid project but the FTX issue & SEC listing it as a security isn’t helpin’ TBH
@@SwizzleSwishyou mention FTX like it happened this morning. Solana is 3x since then and chugging right along
@@BlockchainToTheFace I get that I’m just sayin’ some investors have been hesitant to jump back into it since then, sh*t I hold SOL too
Solana never did anything to lose trust besides give FTX tons of SOL. Means nothing
James from Investanswers was always correct with Solana. Solana is the future
SOL is the future of vc's dumping on retail.
@@troybr7957 check the online stats. VC’s are gone. Solana is the future. Love it or hate it
Except he is completely wrong on this. Fud goes with hope. Not a very good team to bet on.