Topic: Hedera Hashgraph: a Comprehensive Post (Read 157 times)

🚨 What is Hedera Hashgraph: a comprehensive post.
🚀 Why GAINS has been bullish on Hashgraph for more than a year now.
💪 Why we've worked so hard to provide our community the best prices (https://primablock.com/p/m5hIEuoPsHc/contributor).

💰 Disclosure: we are personally invested. We put our money where our mouth is.
✅ Our resources can be found at the bottom of this post. We have a public track record (https://docs.google.com/spreadsheets/d/1Yj0bMaBlwqlGmoYVlHNFxuCU4XFOFNxMuvr3L7YmdPM/edit). We've been around since February 2018 and are as legit as it gets 😉


🔷 1. Summary
🌐 In a nutshell, Hedera Hashgraph is the enterprise-grade public network for decentralized applications.
🔎  They came up with a virtual voting system that is Asynchronous Byzantine Fault Tolerance (ABFT). It is as efficient as you can be in terms of bandwidth usage and it reaches the theoretical limits of what can be achieved in terms of security in a distributed consensus algorithm.  

🔷 2. Characteristics
🔹a. Fast: low-latency transactions with guaranteed finality in seconds.  
🔹b. Fair: Fair access, timestamps, and transaction ordering that can't be manipulated by malicious nodes.
🔹c. Secure: Proven (https://www.hedera.com/blog/coq-proof-completed-by-carnegie-mellon-professor-confirms-hashgraph-consensus-algorithm-is-asynchronous-byzantine-fault-tolerant) with Coq, best-in-class asynchronous Byzantine fault tolerant security that's resistant to DDoS and Sybil attacks.
🔹d. Stable: Reliable network governed by term-limited enterprises with no authorized forks, and the ability to meet local and global data regulations.

🔷 3. Services
🔹a. Cryptocurrency: Fast cryptocurrency transactions, low fees (a fraction of a cent).
🔹b. Smart Contracts: Write in Solidity, run on Hedera, get the best of both worlds: The Ethereum SC coding language with the performance of the Hedera network.
🔹c. File Storage: The files service is purpose-built to manage credentials and to verify that data existed at a certain time with a fair timestamp. They also have proof of deletion that will bring more use cases and help with GDPR compliance.
 

🔷 4. Milestones
✨ Their mainnet has been live (https://medium.com/hashgraph/standing-up-our-mainnet-7d4dc95ba2ce) since August 2018.
🔝 There are more than 300 dApps currently building on their network. For comparison, this website (https://www.stateofthedapps.com/stats) counts 2.5k dApps on Ethereum and then only 279 on EOS. This other website (https://dappradar.com/rankings) gives about 500 dApps on EOS and 400 on Tron. If all dApps were to go live, this would put Hashgraph very close to the likes of EOS and TRON. Remember also that Hashgraph is still in its infancy and that achieving such a high number of dApps already is very promising.

🔷 5. Team
🔹 a. Core
👉 Dr. Leemon Baird (http://www.leemon.com/): Co-Founder and Chief Scientist.
✅ He has a PhD in Computer Science, was Professor of Computer Science at the US Air Force Academy, has Co-Founded several startups, two were acquired. He has multiple patents and publications in peer-reviewed journals. He has over 20 years of technology and startup experience.

👉 Mance Harmon (https://www.linkedin.com/in/manceharmon/): Co-Founder and CEO.
✅ He has more than 20 years of strategic leadership experience in multi-national corporations, government agencies, and high-tech startups. Founder and CEO of two tech startups, senior executive for product security at a $1.7B revenue organization, Program Manager for a very-large scale software program for the Missile Defense Agency, Course Director for Cybersecurity at the US Air Force Academy.

👉 Natalie Grunfeld Furman (https://www.linkedin.com/in/natalie-grunfeld-furman/): General Counsel.
✅ Prior to law school, she started her career in Silicon Valley, providing strategic advice to high tech startups. She was senior associate at Paul Hastings LLP, where her practice focused on intellectual property, unfair competition, and rights of privacy and publicity. She was Director of Strategy and Business Development at an online group communication startup acquired by Yahoo! Inc.

👉 Christian Hasker (https://www.linkedin.com/in/christianhasker/): Chief Marketing Officer.
✅ He has two decades of experience in enterprise software in a variety of roles at startups and large companies, including marketing, product management, product marketing, and sales management. Vice-President of Marketing at DataStax, where he was responsible for developer education and open source Apache Cassandra community initiatives during a period of hyper-growth.

👉 Lionel Chocron (https://www.linkedin.com/in/lionel-chocron-aa3101/): Chief Product Officer.
✅ He has over 20 years of experience bringing enterprise products to market and driving their adoption. Vice President, Industry and Emerging Technology at Oracle. Prior to that, he was Vice President and General Manager at Cisco.

👥 And many more (https://www.hedera.com/about#team), most having more than 20 years of experience.

🔹 b. Advisors
👉 Ari Paul (https://medium.com/hashgraph/hedera-hashgraph-announces-ari-paul-cio-and-co-founder-of-blocktower-capital-as-advisor-a09d635e6e64): Co-Founder, CIO and Managing Partner of one of the world’s largest cryptocurrency hedge funds, BlockTower (https://www.blocktower.com/).
✅ Before co-founding BlockTower Capital, Paul was a Portfolio Manager and Risk Specialist for the University of Chicago’s $8 billion endowment portfolio.
💬 Paul said: "the Hedera Hashgraph platform is pushing the performance and security boundaries of distributed ledger technology, marking this an exciting moment to join as an advisor."

👉 Bo Shen (https://medium.com/hashgraph/bo-shen-of-fenbushi-capital-joins-hedera-hashgraph-as-strategic-advisor-822be19a309c): General Partner of Fenbushi Capital (http://fenbushi.vc/index_en.html), the first China-based venture capital firm that exclusively invests in distributed ledger-enabled companies.
✅ Shen is a veteran of the traditional financial industry, accumulating years of senior management experience in brokerages, hedge funds, and investment banks. He also previously co-founded Invictus Innovations Inc, the team behind BitShares (currently rank 53 CMC (https://coinmarketcap.com/currencies/bitshares/)).
💬 Shen said: "[Hashgraph] delivers the speed, security, and reliability required for both enterprises and every day consumers to adopt and embrace decentralized business models. With the recent announcement of the first tranche of Council members, representing some of the most reputable global brands, Hedera continues to demonstrate its commitment to being enterprise-ready for mission-critical applications."

👉 Patrick Harding (https://www.linkedin.com/in/pharding/):
✅ He has more than 25 years of distributed computing, cyber-security and digital identity experience, was CTO for Ping Identity and Vice President and Security Architect at Fidelity Investments.

🔷 6. Governing Council
🏢 They have a Governing Council of 39 Fortune 500 companies that span industries across 18 sectors, span geographies since they are chosen from every continent around the globe span time as they are time-limited to 3 years to ensure the network stays decentralized.
💥 They have already signed-up five companies, four of which are publicly-traded companies with market caps in excess of $10 B.
👉 1. Nomura (https://www.nomura.com/), Japanese Financial Services Firm – Market Cap of $12 B.
👉 2. DLA Piper (https://www.dlapiper.com/), Private Multinational Legal Firm – 4th largest in the world by revenue
👉 3. Deutsche Telekom (https://www.telekom.com/en), Largest Telecommunications Company in Europe – Market Cap of €70 B
👉 4. Swisscom (https://www.swiss.com/), Largest Telecommunications Company in Switzerland – Market Cap of CHF 24 B
👉 5. Magazine Luiza (https://www.magazineluiza.com.br/), One of the largest retail companies in Brazil – $4 B revenue in 2018

🔷 7. Misc
👉 They have an open source SDK (https://medium.com/hashgraph/hedera-hashgraph-releases-open-source-sdk-ad1c66ac60b6).
👉 They had a world tour and presented on 4 continents.
👉 They have partnerships with many accelerators and system integrators.
👉 They have held many hackathons.
👉 They engaged in dialogue with the SEC back in 2018 to ensure that the activities they are pursuing and will pursue in the future are compliant with existing and future regulations.
👉 They met their first target of 5,000 accounts for the first part of the community testing program (https://www.hedera.com/blog/community-testing-program-phase-i-complete).
👉 Futurist George Gilder, one of the leading economic and technological thinkers of the past forty years, and the author of 19 books, including what the NY Times calls ‘the guide to capitalism’ — Wealth and Poverty, mentions Hashgraph in his latest book, Life After Google: "Perhaps the most formidable new player is Hashgraph, launched by a Texas company long in stealth called Swirlds (“shared worlds”). A heralded scheme invented by the mathematician Leemon Baird of Carnegie Mellon, it claims to compete with all blockchains and to be unrelated to blockchain technology…"
👉Recommended videos:
🎥 General introduction of the project (https://www.youtube.com/watch?v=ZIG2qvTe2ek).
🎥 Simple explanation of the tech (https://www.youtube.com/watch?v=mYrTBxfanPU).
🎥 The bull case (https://www.youtube.com/watch?v=Yxg4Rr9QNQs) for Hashgraph.
💰 Some calculations (https://hbarprice.com/the-bull-case-for-hbar/) of the project's potential valuations compared to competitors. Knowing Cosmos opened at 1B, it is possible Hashgraph does the same or even more.
👉 Recommended reading (https://t.me/GainsANN/377).


💎 Concluding words: Hedera Hasgraph strucks us as a rare investment opportunity. Potentially the opportunity of a decade.
🔥 They remove the fundamental obstacles that are preventing adoption of this public DLT category. They have solved the problems of performance, security and stability.
🔸We have never seen such a stacked team of world-class experts across all fields. For us, they have it all: the technical expertise, the network and connections both in crypto and in the traditional world, the marketing prowess with their Apple-like events (https://www.youtube.com/watch?v=ZIG2qvTe2ek) and a big war chest worth $124 M.  
👀 Most of all, they have values of integrity, ethics, service, excellence and team work that we deeply share and resonate with. They have a vision to shape our society and the internet. They have the drive to succeed as they understand the high stakes. They are passionate about building a fair and efficient digital future, available to all.

🚀 This might be your very last chance to jump on the rocket before it goes to the moon:
♦️ https://primablock.com/p/m5hIEuoPsHc/contributor ♦️

💰 Price: $0.055. Effectively a 125% bonus compared to the private sale price!
🔓 Fee: 2%
🔨 Peg at time of txn
📈 NO lockup. All other deals had 80% of their tokens locked.

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