/biz/ - Business & Finance

>>49688191
You're not fooling anyone shill

Good hbar stack is 0

>>49688191
1,000,000 sui
1,000,000,000 make it

>>49688227
I'm an ICP maxi (holding 1.5k) and looking to diversify. HBAR seems the most promising candidate for a 2nd stack. Otherwise I'll just buy more pees

I'm deciding between HBAR, XTZ, GRT and ALGO. I can only afford one (1) sui stack of one. Any suggestions?

>>49688227
>>49688262
>>49688287
Kek rent free, picrel
>>49688191
10k sui/100k make it
“Even if Bitcoin and crypto didn’t exist, Hedera would” - Mance Harmon

6 cents is the bottom. Buy buy buy! HBAR holding so strong and is doing amazing it is going to POP!! ABFT fast secure and cheap! Get ready to flip BTC and ETH. Buy now or cry later

>>49688428
Thanks fren I'll get 10k then

>>49688522
That's the smart move, I think. Things are really starting to happen for HBAR and some great use cases (not ponzi schemes or monkey pictures but real, enterprise use cases) will be coming online in the near future.

>>49688191
50k

>>49688191
Not a good idea. Dev team has a horrible track record. Look at their roadmap for Q2 as it comes to a close. They did literally ONE thing.

>>49689068
They have two weeks left.

>>49689200
dw anon, I'll happily update my image when they magically complete all of their goals in the next two weeks

>>49688344
Price predictions?

>>49688517
>>49688191
Hbar price predictions

>>49688191
im going to put all of my paycheck into it tomorrow, easy 5x at least

>>49688302
Price prediction on ICP?

>>49689282
>>49689313
fuck off jeet

It's simple :
If crypto makes it, Hbar will be on top.
If Hbar doesn't make it, neither will crypto.

ID confirms it.

>>49689282
What's your timeline? I accurately called the last top and many price points since then. Give me a day and I'll tell you a price.

>>49689335
Eat my asshole cunt

>>49689389
One year

>>49689596
Only if youre a girl

>>49689596
>One year
One year from now: about $0.20

Please note that I don't believe in the mythical enterprise use-cases or that any GC member will ever launch anything. This mindset has given me incredibly accurate predictive results and is unlikely to change. The price will rise somewhat due to Hedera defi blooming. Nothing major though.

>>49688191
HBAR is good tech but its a poor investment. Its a utility token and not a stock. It will take a few decades for any enterprise usecases to go live, and thats a big IF they do, and are even needed.
Sui is 100k HBAR. Still very overpriced right now. Best bet is to wait for it to fall under $0.01 again and start accumulating then (you literally have years).

10,000 algo to make

>>49689749
I'm inclined to agree with this.
HOWEVER: it isn't all gloom and doom. Tokens on the Hedera network will flourish. HBAR itself will only make minor moves due to the sheer number of tokens and market cap. But the tech is solid and will support an incredible defi ecosystem.

>>49689691

Hedera is a insurance to crypto regulation.

>>49690301
I disagree, HBAR is an unregistered security by virtue of it having explicit price requirements for network security. I say this as someone who holds about 120k hbar.

However I would like to hear your thoughts regardless, anon! What makes you think they'll be safe?

>>49688191
lmao I remember buying at .17 and selling at .24. What is this piece of shit at now?

>>49690435
Hovering around 6.5 cents. $0.065. $0.05 and below are coming, if BTC breaks 20k.

>>49688191
People are still shilling their shitcoins??!? Un-fucking-believable.

>>49690352
Because anyone trying to integrate digital money with existing payment systems is using Hedera.

Hyperledger from IBM chose hedera over eth... Go on Hederas youtube and watch their latest vid, then watch Hbarbulls interview with that Wingate guy.

He explains exactly why Hedera was chosen and compares to everything. Also try buying an NFT, listing and delisting using ANY CRYPTO, then do the same using Hedera. Fastest, cheapest by far.

>>49688191

>>49690610
Interesting that you bring up IBM. IBM's chief scientist wasn't able to find any internal proof that Hedera was involved with them. Additionally, he said that Hedera, and in fact all crypto, are useless. Thoughts on that?

https://twitter.com/Grady_Booch/status/1532681534674587648

>>49689068
>>49689233
>>49689389
>>49689691
>>49689928
>>49690352
>>49690514
>imagine spending hours of your day, each day to write nonsensical fud
I wasn’t joking when I said rent free
Weak fud is weak. Picrel.

>>49690945
> IBM's chief scientist wasn't able to find any internal proof that Hedera was involved with them
He’s retired and lives in Hawaii. Holy fuck are you desperate kek

>>49690945
Give me the Booch Method
and free my software
I wanna get lost in the Unified Modeling Language
and code away

im personally accumulating as much as i can afford because as i see it, hbar will soon be going on a bull run with all the new projects receiving grants from the hbar foundation

>>49689068
we went through this exact same thing exactly a year ago. they will wait until the very last day of Q2 to update the roadmap. but you already knew that tranny

>>49690945
Emtech ceo has a more recent take on reality... she was part of the hyperledger team lol. Go watch the Haitipay interview.

>>49692038
The recent one with Hbar bull?

>>49692086

sorry it was on Hedera's youtube,

https://www.youtube.com/watch?v=AMBph25LZZY

@21:23

the guy mentions how he started dapp on ETH but switched to Hedera and Emtech CTO mentions hyperledger doing same during her time there. at 24:25 she mentions why they switched.

>"zenovia i'll probably get a lot of flack for this right because you know i'm from ibm and hyperledger was the first protocol that you know we started building on and sure enough i remember when we published um a bit earlier we were still thinking about ethereum but um and i tell people and i have investors who ask me all the time why hedera why the protocol um and the fact of the matter is and if our cto was here if tabor was here he would tell you too and him joining and you know after spending about a week looking at this is that it's a no-brainer right you know it's so much easier for us to build on..."

I will never EVER buy hedera shit

>>49693212
Kek nice find eth cucks btfo

>>49688302
Strong sell signal

>>49688428
What the fuck is in that image it’s literal bs word salad and wrong

>Fantom uses different algorithm (based on how “strongly” the node sees it

That’s literally what Hbar does but your wrong when you say the nodes do it. It’s the events themselves. Events do the virtual voting and the counting to tally elections

>>49688191
Is this coin still good?

bump

>>49695308
No it isn’t, you clearly don’t know shit. Seethe tranny, ftm going to zero

did you play it yet

>>49688191
What’s up with all the HBAR shilling?! Just look at the fucking supply, the price won’t go anywhere worthwhile.

>>49697221
I don't know how long you've been here, but hbar shills are notorious for going into essentially every gen (algo, xrp, monero) and trying to fud for a long time now
Then there's shit threads like these at think they're fooling anyone but the newest of fags, no better than a basic jeet animal coin scam

>>49697266
And yet it is you in here doing exactly that…

>>49691039
Unlikely. Coupons have always been two weeks away. They'll be delayed again. Just for another two weeks.

1 is enough to make me commit suicide

>>49697370
Which coin am I shilling anon?
Oh right, I'm not shilling any and calling out the jeet tier behavior the average hbar N I G G E R potrays.
Dilate

>>49697266
>>49697786
kek get over it you mewling babe you're holding some sort of schizo grudge on an anonymous imageboard. Filter exists for a reason, use it.

>oh no he didn't know we were just joking

Depends on price. When pump 10k sui 100k make-it. When crab n dump 100k sui 1mil make-it.

>>49697800
> filter exists for a reason, use it
> filter shills that go into thread
It must be physically painful being that retarded
Tranny tier response
Your coin isn't making it past this market lmao

>>49689749
I appreciate your honest evaluation ser

"We need to level the playing field in order for our investors to capitalize off of their investments. We would have to burn 98% of our tokens and that's not going to happen".

a moment of appreciation for HBAR foundation
>$250 million allocated for metaverse development
>$155 million allocated for DeFi development
>$100 million allocated for sustainable project development
>$60 million allocated for Fintech development

literally the most liquid foundation in the market with the most hard working team on it

>>49697973
>He doesn't know
Checked and thanks for the thread bump :^)

>>49698577
Didn't read
Seethe and cope

>>49698440

>>49689068
kek HBAR shills on SUICIDE watch

>>49691770
HAHAHAHAHAH

>>49691039
>Valid concerns
>Proof they dont deliver
>"waaaaaa fud"

kys jeet

I'm like 70% HBAR, 10% BTC, 10% ETH, 10% LINK

I'll keep stacking HBAR. I've finally got a big boy job. I won't retire for 40 years. It's a long game. Hoping to hit 100k stack before we crack 50 cents again.

>>49698529
can you link me to the HBAR DeX, lookin to trade

>>49688344
I'd go with Tezos. My top 3 bags are Harmony, Link and Polkadot.
Had Graph and sold at a minor loss, wouldn't recommend that one.

>>49688428
Only 7k for a make it stack?

Daily reminder

>>49688517
Falling from 6 to 5 cents would be a drop of ~17%. That's still in the cards though, HBAR is not a very strong project, there is little actual use

>>49689068
Thank you, that really made the shills mad. I'll post this picture every time this cringy, inorganic "I'm interested in HBAR, I'm totally not a shill though, I'll act interested and ask questions to make it look like anybody cares about my dead shitcoin" thread gets posted again

>>49699546
Habibi why harmony, I know that dot and link are based. Just why harmony?

>>49698529
And pretty much nothing has been achieved, tokens are dumped on the market every week while no one is actually using the network. Money well spent

They aren't schizos, they're scammers. And they didn't convince you, they paid you pennies to shill their shitcoin on /biz
Fomo violently rejected, still tethered and eyeing precog (tickr PCOG) release

>>49697741
Sure, what's your wallet address?

JOIN THE CLUB HBAR DISCORD SERVER

>>49697730
>>49699268
It’s always been July 2022, you cock carousels

>>49688191
10k sui 100k make it

whos account is this? https://hash-hash.info/account/357615
is this the account they use to dump on retail?

>>49689691
IBM already has a hyperledger plug-in to allow enterprises to roll their own private network using the Hedera consensus service. Avery has already built stuff as well.

>>49689749
For anyone reading this fud, currently, every major retail business uses the 8110 coupon standard. The new standard, 8112, uses Hedera and will be launched at thousands of stores this year. https://www.fobi.ai/press/fobi-looks-to-launch-of-8112-to-double-qples-revenue

The whole world is going to run on Hedera. 99% of crypto projects are straight up vaporware. This is the fucking real deal.

>>49690610
Based and enlightened. I feel sorry for the niggas that get tricked by the fud but what can I do? If someone won't spend 30 minutes reading about it I can't help them.

>>49704191
Kek

>>49697930
Nah nigga it depends on your timeline. If your timeline is 2 months its 1million and 100k, if your timeline is 3-7 years its 100k to 10k. If your timeline is a lifetime the buy as much as you can now....

>>49705663
It is what is, Hederas video have 500 to 1k views lol and they are literally talking about concrete notions with real people while crypto queers on twitter and youtube fight one another for who can have the faggiest and most obvious 10IQ takes.

Why Hedera? Because it fukin works just as much for poor old me as it does for the rich amphibean in Lichenstein

>>49689313
Burger housing is the biggest joke of the millenium

>muh corporations are gonna pump my bag
What year am I in

>>49707988
The year is relevant when you’re clearly retarded. J.P. Morgan probably biggest holder of eth, they own MetaMask too

>>49690352
>What makes you think they'll be safe?
The fact that they're actively engaged/in dialogue with regulators on the subject through effective legal counsel. They'll never be treated as a bad-actor trying to get away with something - they're playing ball.

>>49688191
Make it stack is 125x short position

>>49699645
What in the hell is this garbage? This is obviously the most fraudulent chart I have ever seen. This is akin to snake oil.

>>49707988
This, if you waiting for enterprises to pump your bag you are seriously ngmi.

>>49705572
I get that its a great service and all, but in order for all the stores to use it, will they need to have a wallet of HBAR that is actively paying fees and retopping off from the market?
I'm just wondering where the actual coin price comes from.
I like to think of coins as stock for crypto companies. In that sense I can see HBAR increasing in price. If that's the case then crypto companies and projects need to devise a means of benefitting holders of their coins.
Maybe this already exists but its called something else.

>>49708928
Staking and operating nodes is how holders benefit. Fees generated from transactions and stuff is payed to node operators and stakers

I made $5,000 off HBAR. Anyone who didnt sell got married to their bags. How fucking stupid can you be, ITS GOT A GORILLION SUPPLY ITS LIKE DOGECOIN DUMBASSES

>>49708928
>HBAR increasing in price
It's just not a very good project, nobody uses it. Better not get your hopes up

Fully funded for years.

>>49709189
I get it, 50 Billion coins, now stop thinking average retail investors need to buy up those coins and start thinking world wide corporations buying that supply to keep their databases and B2B businesses running.
Think about the amount of money they would need to commit to creating/maintaining/upgrading their own DLT.
Think of how complicated it is to create systems that have interoperability with any other system on earth.
Think of how much time/resources it saves a business to develop on the Hedera platform, pay fixed(forever fixed) fees that dont increase dollar-wise so that you dont get killed with fees after your infrastructure is dependent on them.
Coming from corporate IT, there are HUGE licensing fees involved with database solutions.
It just makes sense that slowly but surely, Hedera will take over the role.
The only thing that can stop this is if Aleph, another DAG, blows them out of the water.
Discreet is testing their privacy coin on Aleph, they are like XMR but with smart contracts. ZK-Hash and no trusted setup garbage like zcash or pirate.
Anyway im not shilling them, my point is they are using Aleph and that may be better than Hedera's DAG.

>>49709777
>start thinking world wide corporations buying that supply to keep their databases and B2B businesses running.
This is peak midwit delusion. Hbar holders are going to be the next xrp schizos, desperately hoping for the corporate adoption that is never coming.

>>49710077
saaar say it aint so!!

>>49688191
Rule one
Don't post about hbar on biz or reddit twitter youtube etc
Rule two see rule one

>>49688191
>HBAR
Howdy Partner! It's Me Dr. Leemon Baird inventor of Hedera Hashgraph; the blockchain wrangler. Our first memecoin here on the Hedera Mainnet is called CyberShiba you can nab 'em on tangent.bar If you can handle 'em that is, he is a rowdy one.
Happy Trails!

>>49688191
Just buy any amount of HBAR and you'll want to commit suicide soon after watching the price action.

$0.04 has been my price target for over a year.
but I capitulated and started buying at 20ish cents.
buying heavily though that we're under $0.10.
price target for 2026 -> $2.67 peak of $5
price target for 2030 -> $10 peak of $15

>>49698440
burning supply is a great way to centralize coin distribution, but its good for the short term so who cares.

>>49711591
Kek, good pic. Nothing is more fun than fudding my bags

>>49688191
Sui stack anything above 1 after it goes to zero.

>>49711622
$15? Woah bucko, let's be realistic now. Hitting $.30 by then would already be a 5x, which is quite a handsome reward. Won't get those kinds of gains in the S&P!

Sent from my iPhone

>>49688428
>aBFT
>NGMI

Only scalable aBFT consensus system that remains sufficiently decentralized is Avalanche afaik

>>49689749
>Decades

>>49699645
I don't get why so many people come and post fake fud on hbar threads. Is it just for fun? Is it for money?

>>49706419
Exactly, the best shit is the best shit. The weird thing is there is believable and reasonable fud the fudders could post but they don't. I suspect they post the obvious fake stuff as bait for (you)s. I shouldn't try to guess what's in a person's mind.

>>49708928
I don't have the exact implementation info for 8112. However, I strongly suspect that there will be a service that is not owned by or directly affiliated with hedera that processes the coupons. That service will likely use some combination of Hedera consensus service and/or hedera token service. The transactions that the coupon service makes will require hbar. That service will likely have a managed wallet.

The actual retail stores will most likely just make calls to the coupon service without needing to deal with Hedera or hold hbar. The actual transactions will likely be handled by the coupon service.

All I can say for certain is that creating coupons and using them will use hedera services which must be paid in hbar by someone. I'm speculating that the use of hbar qnd interaction with hedera will be obfuscated from the retail businesses.

>>49708928
Just realized I didn't answer your question on price. When Hedera is used by many applications it will generally increase the price. In order to pay for calls to the Hedera network, applications must pay in Hbar. The price of those transactions is pegged to the dollar (i.e. $.0001 for a call to Hedera consensus service paid in hbar).

So for example, if Hbar was worth $1 at market price the cost of one HCS transaction would be .0001 hbar (worth $.0001 at market price). The requirement that developers buy hbar to use the network creates buy pressure in the market which leads to higher prices generally.

Say for example you have an application that uses Hedera. So, you create a wallet for your application and try to decide how much hbar you need in the wallet at any given time.

You don't want to rely on exchanges to sell you Hbar on an as needed basis because it would slow down your transactions if you needed to wait for an exchange to send you coins every time your application make a call to hedera. So, you estimate how many transactions you will use per week or per month ( depending on how long you decide you need to be able to do transactions without hbar being bought). Then, buy enough hbar to pay for all of those transactions and add it to the wallet.

What you would want to do at that point is write a script to buy more hbar when the amount of hbar in the applicantion wallet isn't enough to pay for a months worth of transactions.

In practice, this creates a price floor for hbar. When the price goes down, any application wallet that no longer has enough hbar to pay for a month of transactions will buy more until they have enough to cover their transactions for a month. More hbar is needed when the price goes down because the cost of transactions is pegged to a dollar amount.

>>49714433
Unchecked

i bought 10k just now

QNT vs hbar: which one will be more intrinsic to the world in the future? Afaik these two seem like the only crypto that may actually have an impact on the world outside of ponzi scams

>>49714433
>why
It's just very easy to dismantle the marketing, since every claimed benefit comes down to the project being centralized, unused or both. Dishonest marketing irritates honest anons, it's just that simple.

>>49715645
why would you buy QNT when you can invest in hebrew cashgrab?
long my hbags.

>>49715645
Hedera is the only layer 1 that will work for the most important use cases because of abft consensus which enables (among other things) fair transaction ordering. If you don't believe me, feel free to look up the FEDs requirements for a central banking digital currency. Emtech is working on the pilot for a US CBDC using Hedera tech.

>>49715777
Is it really just marketing? I guess that makes sense but fuck it has the opposite effect. The fudders are the biggest reason I bought Hbar. Every time someone posts fud, I'd look into it and realize it was bullshit. Then I started to realize how amazing it really was as looking up what the fudders said added more and more evidence of how amazing the project is.

>>49716097

>>49688191
Fun article about the financial side and how it price may be effected by transactions. https://medium.com/@EidDany/hedera-hashgraph-vs-bitcoin-a-better-store-of-value-a0393fb2b822

>>49715645
>a ERC-20 token ran by armenian relatives vs DAG token backed by real company which has plenty of big tech companies invested in

>>49716016
>fair transaction ordering
powered by a council of companies annointed by a single private entity. at that point just use a database yourself, it's much greener and energy efficient anyway.

>>49716097
You are a victim if confirmation bias. You read the same marketing material over and over, see your beliefs reinforced and dismiss criticism because acknowledging it would lead to cognitive dissonance: you invested in shit, but you think of yourself as smart, so the investment must be good. It's a fallacy we are all susceptible to, it's particularly obvious with this project however.

>>49716191
You ever wonder why lots of industries bother having centralized ratings/standards bodies (or even centralized governing wholesalers, in industries like Electricity) with representative stakeholder governance models when everyone could just theoretically do it all for themselves in-house?

">Would you fuck me? I'd fuck me".

HBar was inspired by Chester Baird the great grandfather of Leemon Baird. "It was important to bring a part of the physical world into the digital world. Each investor unwittingly owns a piece of my great grandfather's dumbbells. Shavec and weighed to 1/1000th of a gram to be exact."

>>49716406
These institutions are jointly owned by / depend on the biggest player in their industry. If there is any need for a ledger, these institutions already exist, so they can (and do) just do the hosting themselves, on a very efficient, green, widely hireable for, centralized database. There is no need for each participant to pay for node maintenance in a weird complicated system that amounts to a less capable database because they somehow don't trust each other anymore. What's the use case, there is none.

>>49688344
I will opt for SCRT instead. In reality, privacy should be a fundamental human right and I'm glad this is now being taken seriously in the web3 space. You should focus more on privacy as it is gaining traction right now. Just my two cents

>>49716991
And they'll be plugging those systems into Hedera (or a network like it, if you're more bullish about something else) to make operating them at scale cheaper and the data more reliable. Talk to the people who actually work on/with such systems, whether it's inventory management or transactions or digital chain of custody/esigning or anything else - the status quo is not pristine and perfect functioning of these databases, they are *flawed*, not-infrequently to the point of exasperating the people who rely on them and very-frequently to the people who are responsible for running them. DLT represents a bona fide improvement on an actual area of functionality crying out for improvement.

>>49717346
I work on the ERP system of a large company that manages inventory, employees, orders, everything related to the business. This data is confidential, so the public network is straight out (so bagholders won't profit anyway, but you talk about the technology, fine). Let's assume they run a private version then. The whole DLT feature is useless, since it's run by a single company, so they would have to deactivate all the overhead this causes, if that's possible at all. Then there is no tooling to work with this thing, no ORM mapper, nothing. To get this thing to work, you'd have to migrate all the existing data to it. To run this thing in production, you need people that know how to do so or train them in house, that's going to be very expensive. If you do all that, you wasted tons of expensive dev time, developed no new features in the meantime and ended up with a system every dev will need training for. Should I continue? It's a ridiculous proposition. And you say that traditional databases are unreliable. Get a grip, google is running critical services on fucking mysql (granted, a mofified version, but that's possible if you are big enough).

>>49717843
>Change is expensive and the status-quo is adequately functional, why would anyone bother with improvements?
Your job exists because the world doesn't work that way.

>>49716380
If there is a technical flaw with hedera that I'm not aware of feel free to share it with me. If there is an actual advantage another network has I would love to hear it. A world with only one viable layer 1 option is boring.

>>49716991
I think you may be underestimating the difficulty in running a single database with multiple independent groups making changes too it.

If you don't really mean a single database and actually mean a set of data that is shared across many databases, I believe your underestimating the cost and time it takes for those databases to reach consensus.

>>49717843
What your describing probably wouldn't make sense to run on DLT. I might have missed something. Is someone arguing that DLTs will replace all databases?

>>49716991
>>49717843
You’re the midwit faggot who was saying that running a ledger with nosql would be more performant than the Hedera dlt. Holy fuck just kys and stick to front end.

>>49718231
>improvements
What improvements? The status quo is superior to the proposed alternative. Is there a database browser for Hedera that allows users to join different tables? That displays an ER diagram? That suggests indices to improve query performance? How do I migrate old data to the new schema or do I have to live with my past schemas forever (the second one, right?). I'm all for trying superior tech in new projects or nigration old ones when tgey are no longer tenable. The new solution sucks though, the only benefit is bagholders potentially profiting (i.e. extracting money from the business) while the poor developers that got inflicted with this hot garbage need to somehow make that impedance mismatch work anyhow. No thanks.

>>49718232
There is no technical flaw, it's just that the problem these DLTs are solving are not the problems that companies have. Even permissionless ledgers are struggling to find a niche, permissioned ones are even worse since there is enough capable technology already in the space.

>>49718464
>consensus
This is called eventual consistency and is a given when you have many systems talking to each other, i.e. almost every system in the enterprise. The solution this can't be migrating every system to the same DLT. If you do that, you suffer all the same problems that come from a monolithic database schema. Not to mention that this migration is impossible, since most systems are from different vendors.

>>49718573
Is that not what anons here are saying? Established databases are bad, so migrate to our new solution?

>>49720741
Dude you are fooling no one. You are absolutely mind boggling retarded imagine even writing all this drivel. At the very base minimum: WHO MAINTAINS THE DB? IF MULTIPLE PARTIES ARE WRITING TO A DB, WHO OWNS IT? Hearing you larp only makes me want to buy more. Do you even know what a ledger database even is? Stick to front end, seriously.

>>49721125
>WHO MAINTAINS THE DB? IF MULTIPLE PARTIES ARE WRITING TO A DB, WHO OWNS IT?
The company? At my current job there is a single databaste cluster with independent schemas for every system, owned by the respective system itself. How does a DLT improve anything here?

>>49720362
Now listen because I'm only doing to explain this once.
Consider the following query:
UPDATE TABLE accounts WHERE number=123456789 SET balance=0;
The problem with that query is that it destroys the prior information about the balance of account #123456789.
That's all fine and dandy until you run into the situation where this query was not supposed to happen: bug, human error, hacking, whatever.
Because once this query is done, there is no way to to prove that account #123456789 ever had a non-zero balance.
So this is why the blockchain(*) is interesting, because it can give you STATE PROOFS. All it takes is taking a hash of the table or some rows, and submitting a blockchain transaction.
Also it logically follows, that the more fine-grained a state proof is, the more useful it is.
(E.g. a state proof generated for each transaction is more useful than a state proof generated once per hour and so on.)
And the only blockchain (*) which can provide a large number of state proofs affordably is Hedera.

(*) Yes, I know Hedera is a hashgraph, not a blockchain, fuck off.

>>49722021
If you need a full version history / auditing information, you can just use a framework solution like Hibernate Envers that keeps a full, queryable log of all versions of all rows. Or use temporal tables, a built in feature of many RDBMS.
Many times, that overhead is not needed, so you have the flexibiluty to only use it when you need it. With the DLT, you are forced into it. Good luck deleting sensitive data, that also needs a custom solution.

https://hibernate.org/orm/envers/

https://www.mssqltips.com/sqlservertip/3680/introduction-to-sql-server-temporal-tables/

>>49722425
> framework
You don't get it. The customer has no way of determining the data was not tampered with by somebody running a raw SQL query behind the framework.
The customer (or your own legal) will love to have a state proof authorized by a third party.
The customer (or your own legal) will love it even more if this is a zero-trust proof, because this shuts up any party claiming there was a collusion with the notary.

> Many times, that overhead is not needed, so you have the flexibiluty to only use it when you need it. With the DLT, you are forced into it.
Again, the misconception here is that we are talking about replacing an RDBMs with a DLT. We are not.
We are talking about using a DLT to provide an EXTRA functionality, namely a zero-trust proof of state.
And of course many applications don't require a proof of state for EVERY transaction, it's up to the designer to decide where and when a proof-of-state will be produced.
The point is that the designer now has an affordable way of providing such proofs, where none existed in practice (BTC and ETH does not cut it due to costs).
Privacy is a non-issue, all that gets submitted to the DLT is a hash of RDBMS state, which can even be salted or encrypted.

>>49717205
You are highly based

>>49721603
Oh so like a single company? How about in dark pools. Do all the banks trust one party to set up the db? And with the high frequency of queries what happens next? Do they simply spin up another db and another db and another db and another db? Wow, great solution you have there anon. You should start a company to do it for them!

>>49723043
Assume that the customer requested what amounts to two SQL queries:
INSERT INTO customer_data WHERE customer_id = 1234 SET some_field = 'sensitive_data';
and some time later:
DELETE FROM customer_data WHERE customer_id = 1234;
In principle, you have no way of demonstrating to the customer that the data was indeed deleted.
However, if you simply hashed each query and uploaded such hash to the DLT, along with a hash of the entire table customer_data after the query, then if the customer sues you, the entire process can be re-run and hashes compared against the public record.
This is not an invented example BTW. For example in the EU, the telecom billing data must be destroyed after 6 months by law.

>centralized
>30% Yearly inflation
>fees so low the token is virtually not needed
>book value, real value is 0.005 cents
>LTO/FTM/Avax is better
>Ethereum 2.0 Will make HBAR obsolete, first come first serve
>no ecosystem
>~17% circulating supply
>VC scam, saft 1 (.1c) and saft 2 (5c) then saft 3 (12c) not including their free tokens
>Council can mint new tokens
>leemon treason
>argentinia
>ALGO, QNT, IOTA, XLM, XRP are the real Globohomo coins
>10k TPS is a lie, actually 13 TPS
>staking will yield barely anything with how cheap it is, nodes might even run at a loss.
>PoS not secure, prone to attacks compared to the superior Nakamoto PoW
>transactions are worthless, total transaction is inflated
>no one is using it
>Even if promised use cases are true, they will take years to be implemented.
>council doesn't hold stake
>network has no validation
>sharding doens't/won't work
>it won't scale
>decentralization plan depends on scaling, won't ever decentralize
>founders never removed from council
>proprietary, closed source, patented consensus algorithm
>not a blockchain
>they will sell private ledgers
>too new to be considered for CBDC
>project (((sand dollar))) and (((new dawn)))
>chopra
>mental decline starts at 24
>yea yEA YEA yea YEA! YEA! yeaa yeaaa yeah https://youtu.be/aOYP05GwKCk?t=1384
>catastrophic RSI
>CAPONE ratio is abysmal
>no marketing and there won't ever be, confirmed by the devs.
>corporate focused like stinky linkies, only talking to corporation devs
>Council never goes into the meetings, they are just a marketing tactic.
>fortune 500 council is infiltrated by the CIA.
>China will suppress value for years so as not to lose crypto supremacy, not being in the council themselves.
>hbar shills spreadsheet
>Hedera didn't pay their taxes
>hbar needs a 900b marketcap to achieve $50 in 2 years, won't happen
>only 1 checkmark in roadmap for Q2 completed
>no new councilmember
>new token sales, Hedera already burned through their cash

>>49715645
Wake me when your retards are done comparing. For now, I'm bagging RFOX and AZERO. Metaverse gems are silently withstanding this current dump in the market and channers are sleeping on them.

>>49723290
Is this supposed to be FUD? It reads like a meme post of someone doing a parody of FUD.

>>49688302
>ICP maxi
So basically, you're retarded.

How is this thread still alive? Fuck we might actually make it after all

>>49723533
Prob first 120+ reply hbar thread since 2021...

Lots of nuggets of info in this thread. Hederas YouTube has also uploaded some very good videos

>>49723533
we are all gonna make it.
we just have to wait 8 years.

>>49723245
Spinning up new nodes is exactly how you scale a system, it's called horizontal scaling. The dark pool use case might be possible, I don't know how that's handled right now. They probably trust each other, which might make additional complexity and costs a hard sell.

>>49723287
And what stops the company from copying the sensitive data to another place? Or letting it sit in log files because it got logged by some intermediary system? There is no way to actually enforce this on a technical level, there are laws to deal with this.

Syscon's proof-of-work blockchain with a hashrate second only to Bitcoin, is a trustless computing platform combining both Ethereum and Bitcoin protocol into one ideal system that will power tomorrow's innovative distributed applications.

>>49688191
50 billion tokens. I ask you.

>>49724090
> And what stops the company from
That's exactly why the system architect is paid big bucks.

> There is no way to actually enforce this on a technical level, there are laws to deal with this.
Correct! The lawyers need an audit trail, and making a TAMPERPROOF AUDIT TRAIL just got easier.
What you are probably unaware of, is that in EU violating some data handling laws results in criminal liability for the management.
We are talking liability in the sense of managers actually going to a pound-me-in-the-ass prison. (And no I'm not talking GDPR, GDPR is a paper tiger.)
Thus any solution which keeps them out of prison is worth it's weight in gold.
If you can prove (via DLT) that the DELETE command has indeed been sent to the RDBMS, then your chance of staying out of prison is increased, because now the prosecution has to demonstrate that RDBMS failed to obey the DELETE command, and that this is somehow your fault. That's pretty difficult, because, for starters, the DBA is directly responsible for this, not you as the manager.
On the other hand, lack of proof of DELETE command means that they can get you convicted of negligence.

>>49723642
nice to see some anons are still willing to spoonfeed the plebs. I don't have it in me anymore after doing it for all of 2021.

Why did HBAR threads stop?

I have only recently taken an interest in it but I remember last year you were all doing the foot thing.

>>49713075
>LGBTRGB

We might see sub 0.01 prices
We might not

>>49723990
>it’s called horizontal
You are such a midwit, it’s hilarious.

My favorite part about all these retards itt is they act like Hedera is reactionary like all the other projects. Every project except Hedera is a rebuttal to ethereum. Hedera has been in development since 2012, until it was mathematically proven in 2015.

“Even if Bitcoin and crypto didn’t exist, Hedera would” - Mance Harmon

>>49688191
THE BLOCKCHAIN KILLER WOW

guys whats a sui stack for hbar?

>>49725654
10k, but at these prices should go for a 100k make it @ $7k

>>49689068
thanks i was about to buy but then i saw this roadmap failure. im out. what a steaming pile of currynigger pajeet shit

>>49724842
That tamper proof audit trail feature will be abolished pretty quickly when management realizes that your database schema is now frozen because altering it will invalidate every hash you previously calculated. Solving this will require additional complexity and be a drag on the already slow development. It's a cute attempt to shoehorn a blockchain into the process, but right now all that is required are adequate log statements providing an audit trail and that's where the complexity cost of that requirement on the system should stay.

>>49688302
>me
>wheezing

>>49724908

Once you embrace the crab, the path becomes clear. It's easy to continue posting as Hedera keep posting. Leemon also works on doing shit on Hedera rather than explaining it to everyone over and over to retards like me. His first thing was that json relay the allows Metamask user to use Hedera... The proof is in the pudding

>>49689365
Haha. I love the confidence.
It simply shows how much you believe the project.
I could say same for some other projects. Acala, moonbeam, Equilibrium and their likes.If they too don't make it with their adaptive DeFi features, then I don't know how Crypto is gonna make it.

What do you guys think the bottom is? When do you think HBAR will hit $1?
For me its $0.0073 and 2028.

>>49725782
>made the fud roadmap
Kek

>>49725805
A tamper proof log system has been built by servicenow using Hedera. Lol you can literally just go sign up for it. You don't have to built shit.

>>49725805
https://youtu.be/9LWlh2pySDw

>>49723290
What's weird is this is sort of promoting Hedera in a weird way. If someone actually looks up any of these statements they could find out they aren't true in minutes. It's sort of like it's bringing attention to all the crazy shit Hedera is doing.

For example, emtech is building a CBDC for the fed along with some other projects that are being tested. If you look at the requirements for the new fedcoin you'll see that the CBDC must be able to gaurentee fair transaction ordering. I know for certain Hedera can do that. All of the rest that are in the trial can't except for one other. I don't recall what the name of the project is but it's not a dlt/Blockchain solution at all. I don't know if that solution can guarantee fair transaction ordering because as far as I'm aware there isn't any info on ut that is public.

>>49723473
I'm still proud of it, I wonder if it was ever posted unironically, was that post unironic? we'll never know

>>49729778
oh and now I realize we're close to SAFT 2 price, nice

>>49723290
I've been in these threads too long

>>49725740
Logical human spotted

>>49720741
I'm definitely not saying that. There are distributed ledgers that exist currently in highly complex clusters for certain certain business problems just using regular databases and some of those use cases could be done faster and cheaper with Hedera.

The two big ones that I usually think about are situations where you have multiple entities that do not nessisarily trust each other that need to have identical immutable ledgers and cases where you have multiple companies that trust each other BUT they need verifiably identical data ledgers that are redundant for security and for the sake of handling mass constant changes

Two of the banks on Hederas governing council built a proof of concept system for handling international remittance. They are sending money overseas.

One of the challenges with sending money internationally is dealing with trust. You don't know if the banks in a foreign country are willing to lie about money that was sent to them.

Say a bank in South Korea trues to send money to a bank in Africa, those banks have redundant ledgers that need to reach a consensus about where. If they aren't consistent then money can get lost or added to an account multiple times. This process of reaching consensus is called transaction settlement.

Here's the thing, because of hardware limitations for servicing queries and need for redundancy, each of these banks might have hundreds of ledgers that need to be kept consistent. The process of making sure all of these ledgers are correct is insanely slow and complicated. It can take days for a bank to settle a transaction within the same country. When you add potential for governments and banks being potentially involved in schemes to tamper with the ledgers that banks from different countries need to have in sync it gets even more different.

This is why international remittance is so expensive.

>>49730342
Continued

Building a solution that utilizes Hederas consensus service can make that process faster and cheaper while also acting as in impartial third party. Many big problems require consensus already and Hedera's algorithm for solving it just happens to be extremely cheap, fast, and secure.

For what it's worth, people have a tendency to get super worked up about this stuff (myself included). All the constant lies, fudding, people pretending to discuss Hedera so they can mention some shitcoin they want to promote, is a constant mindfuck. It just grinds on real people who actually give a shit.

>>49730445
Nigga who gives a fuck about all that shit? will this piece of steaming dogshit moon or not? that's all that matters. Fucking nerds.

>>49716191
Hedera isn't owned by Swirlds anymore. They are still on the council but they are no longer a single point of failure in the system. Doing this was a part of the longer term to plan to create stability while the governing coucil was filled out.

The governing council is made up of only a specific number of companies in each industry (tech, healthcare, finance, ect.) to prevent control from being isolated in a specific industry. Also, the council members have to be spread out internally at a certain ratio so that no nation can coerce the the council to act against the interest of the network. You can imagine if all the council members were from a single country that country could force them to do something harmful to the network. If that happened with the council having many international members, the ones from the corrupt government would be out voted.

Mance actually based the governing council of of the model that Visa uses.

>>49717205

Most def. I'm an hbar maxi but privacy first currency is absolutely essential for liberty and freedom to even be possible. Hedera isn't really ment to be used as a currency directly. The point is that its a collection of services that people can built all kinds of cool stuff on.

I actually support CBDC even though I hate the Fed and centralized banking. I believe that the most realistic path to a world where people can use whatever money they want is for a CBDC to be put into place that forces all businesses to onboard to allowing crypto based transactions. At that point, adding on support for Monero or whatever is easy.

The biggest hurdle to that is people allowing the fed to pass laws banning other currencies. If that happens that is the end. Humanity will be slaves forever.

But, if the pipelines are put into place for multi currency support and we don't allow the government to stop it we can actually have a chance at liberty.

>>49720510
That's the thing, the technology in place isn't really that capable. Look up how long it takes for a bank to settle money transfers. Does waiting days for money to be sent and settled seem reasonable in the modern world? It's the same deal with derivative markets and stock exchanges.

>>49720697
The dlt isn't a single database or system. Right now it's permissioned but eventually it will be thousands of nodes.

You dont need to store all of your data to benefit from the consensus service. You can just make calls to the service to maintain transaction ordering and records. The actual data is stored on whatever database you like. You can get a key that represents the data stored in the database. Using zero knowledge proofs you can get the benefits of having fast cheap consensus plugged right into existing infrastructure.

>>49729086
My company uses servicenow, chances are this also applies to most anons in this thread

ive been stacking hbar ever since i learned about the hbar foundation that's working nonstop to accelerate the growth of hedera's ecosystem, one grant at a time

>>49716898
This has gone into my HBAR story folder. Thank you

>>49730956
Yeah XRP is great for that

>>49688191
OP, most of the hbar shilling and fud is from discord trannies from the club hbar discord. please be advised and invest responsibly in established cryptocurrencies like bitcoin or ethereum

>>49733204
Sold all my BTC and ETH for HBAR. The bear will usher in real utility. Be prepared and pack your bags wisely.

Sold my hbar. Bought ada

>>49720697
There are currently pilot programs with atmo.io I believe that use Hedera for supply chain tracking. There are a lot of other projects doing similar things that seem to be working without issue.

If you mean migrating the data, you shouldn't have to. You can perform consensus with fair transaction ordering without moving the actual data using zero knowledge proofs that are associated with the actual data.

This allows a company to essentially plug in the difficult/expensive part (performing consensus) while leaving the actual data where it is.

>>49733333
Unwise. At #7, Cardano is already so high in market cap, there's little room for growth. You'll be lucky to 5x your investment. HBAR has a smaller circulating supply and with a lower market cap (#38) probably a 10x - at minimum.

>>49722021
This is a really weird time. I swear I've had these exact same conversations with people who refused to believe that using cloud services for hosting applications can save money and provide a bunch of other benefits over maintaining a mainframe even though the 'hardware costs' are technically greater because maintaining the mainframe carries a huge cost.

It's like the same exact conversation. Even the same arguments. 'We can do everything on a mainframe that we can do in the cloud.' 'Migrating to AWS is too expensive and difficult.' 'Using a single cloud provider creates a single point of failure.'

I guess we'll see if the stuff ServiceNow, the Fed, Standard bank, Shinhan Bank, the coupon bearou, etc. are spending millions of dollars building pans out or if all those people are just wasting their time.

>>49724697
How many international remittances happen each year? How many transactions will need to happen on the network for one of those transfers? Almost $700 billion dollars are transferred internationally each year. It's currently really expensive and major banks have already run successful pilot projects that have demonstrated that it can be done cheaper, faster, and more securely using Hedera. That's one use case.

>>49724908
Everyone needs a break sometimes hbro. I've been there for sure.

Token literally not sneeded.

>>49730511
>>49733904

>>49731091
The last company I worked for used ServiceNow. It's one of those companies that every engineer knows about because it's huge but most normies haven't heard of it.

Not selling before Staking is live, sharding is live, and stocks are tokenised.

Do not buy HBAR. It's CAPONE ratio is catastrophic.

>>49734397
this, honestly
"if the capone ain't high, you must not buy."

Stacked 30 kilobars since March last year, aigmi in India?

>>49688344
BAT (unironically)

>>49734690
What's your average?

>>49734814
About 23 cents I believe

>>49688191
10k. Always has been. Simple as.

>>49726350
>crypto is just DeFi

Nice one retard. Hedera is going to win it all, there is nothing you can do about it.

>>49736313
cope

>>49688191
What is the purpose of this token? Why shall I hold it?

>>49737284
How about you do your own research buddy. I have 130k hbar, currently getting 42% apy from Stader for them. I'm down 62% from my initial and couldn't give less of a shit. It's the only project in crypto with actual fucking live use cases, the only one

>>49737327
Other than some unsustainable apy, what is the point of holding it? Staking seems decent but other than that? Is it a security or a currency?

>>49737399
That apy is unsustainable no doubt, it's just being funded by the foundation. My reason for holding is because I want to run my own node for some passive income, I'd rather burn my money then let it sit in a bank account getting devalued by Europe's downfall

>>49698529
HBAR foundation is very underrated. It’s literally the most liquid foundation on the market by a long shot and they’ve been using their funds in the best way possible in my opinion

>>49737501
I disagree with the metaverse fund but maybe I'm just a 31 year old boomer that doesn't get it.