Hathor's transactions are organized in a DAG that exists outside of the blocks and is confirmed by the blocks. Hathor is said to be extremely scalable and decentralized because to its architecture. The goal of Hathor is to simplify the process of producing a new token. The network's tokens are expected to have the same scalability and security features as the native HTR coin. The team began working on the project on August 27, 2018, and the mainnet network became live on January 3, 2020. Anyone is invited to join the project because it is public and open-source.
Hathor is one of the newest arrivals into the cryptocurrency industry (HTR). It's a blockchain-based digital platform built on proof-of-work that's meant for simple financial transactions and contracts. It has been the talk of the town since its debut in 2020, thanks to its one-of-a-kind architecture. Hathor Network has proposed modest value propositions that can address the scalability and decentralization maintenance issues that plague distributed ledger networks such as Bitcoin and Etheruem.
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