Hathor (HTR) is a blockchain platform and native cryptocurrency designed to provide a scalable, versatile infrastructure for decentralized applications (DAPP) and token creation.
Hathor focuses on achieving high scalability to accommodate large numbers of transactions per second (TPS). Its design is intended to support a wide range of use cases, from simple token transfers to complex smart contracts.
Users will now be able to create custom tokens on the blockchain, making it a versatile platform for different tokenization needs. These tokens can represent assets, loyalty points, or other digital or physical items.
Hathor uses a new consensus mechanism called “asynchronous DAGs” (directed circular graphs) to ensure networks. This mechanism is designed to prevent double spending and maintain network security.
Compatibility: Hathor is compatible with other blockchain networks, allowing interoperability and exchange of assets between different blockchains.
HTR is a native cryptocurrency token for the Hathor network. It is used to pay transaction fees when performing operations on the Hathor network, such as token transfers and smart contract interactions.
Node operators can earn HTR tokens as an incentive to protect and maintain the network.
Disclaimer. This article is for informational purposes only and should not be considered as approval by Koinidor. They do not recommend buying and selling cryptocurrencies. Readers should do research before investing in funds.
