/biz/ - Business & Finance

>>55027842
Lol

>>55027842
one of the most bullish things to happen to this coin in weeks, WAGMI

>>55027842
holy shit hbros WAGMI

>>55029266
>>55029529
Lmao it’s Scott thiel

>>55027842
>bill gates
Selling my hbar now

i'm so excited about corporate governance and a crypto that understands being a slave to globohomo is a good thing. i don't want trustless, i want trust, in globohomo corporate governance. thanks hbar very cool

>it makes biz seethe
only the jeets and jeet-adjacents

>>55030433
>muh trustless
Ignorance isn’t a strength.

>>55031965
Imagine screenshotting your own larp
>L. O. L.

>>55027842
Hbar? Dont buy!! It will make you wealthy and you don't want that, right? Way better to slave your live away being a wagecuck. Dont buy!

>>55033497
post feet

>>55027842
Who's this bargain basement Bill Gates impersonator with a boner?

>>55027842
>Hbar
lol

>>55027842
how high is the tps and what kind of transactions are they making?

>>55034108
99% are literally consensus transactions kek and they are doing about 500TPS, basically running the same scam as Solana

>>55034108
Man, I kinda wanna be a dick like >>55034108 and give some bullshit FUD, but I'll be serious and try to help out.
Tps averages about 900 lately, and it's basically all from one usecase which is Avery Dennison's atma.io
You can Google it to see more about it but it's a supply chain tracker. Avery Dennison is a large material science company that works with tonnes of large manufacturers, particularly apparel manufacturers. The do lots of packaging material but it's their RFID tags, which their customers use to track product life cycles that are being logged on Hedera through their atma.io app. They track 22 billion individual product items per year through atma.io and a few months ago it migtrated to Hedera.
Now, I know the next sentence will sound like hyperbole, but it's not.
Hedera has literally changed the crypto landscape and most people don't even know it.
For years and years, crypto proponents have talked about the real world application possibilities of blockchain and DLTs but it's never been realised, it's just been shitcoins, monkey jpegs and exchanges. Hedera are the first to show proof of concept with a large usecase tracking real world items within a global supply chain, logging something like a billion real world product transactions every couple of weeks.
And there is so much more being worked on in the background. I'm probably most excited about what Service Now (a governing council member) will be doing. They do the cloud computing, IT support and workflow management software used by 80% of Fortune 500 companies. But there are plenty of other things being worked on.
I can't think of any chain that comes closer to Hedera, and yet, so few people know about it. Crypto is such a clown world right now.

>>55034135
Prefer polygon Even if it is an L2 scalable network with over 7000 TPS and a few projects built on it, it's worth leveraging, especially the concept of non-fungible equity, on one of the projects. Solana remains shite spaghetti code run by retards that are incompetent to sort out the issue with the outage.

>HBAR is going to be the future of fi-

>>55034108
Their tps is over 10,000. The actual throughput may vary based on network conditions. The only interesting thing I can say is their utility with regard to the supply chain.

>>55034608

Could you elaborate?

>>55034583
Realtps.net shows Polygon's tps at 31.
Do you mean theoretical tps or the current usage?
Not that here >>55034517 in relation to >>55034108, when I say talk about tps, I'm referring to actual current transaction rates running on the network. Theoretical tps on Hedera is much higher than the current 900 odd transactions per second that are being logged by Avery Dennison, but is currently throttled at 10k.

>>55034740
*note that here

>>55033497
Hbar is the future

>>55034135
Why spread fud? These are hedera consesus Service messages by real enterprises to lock sth on the ledger, Not internal consensus like solana

>>55034517

Thanks for this post, genuinely. Turned out not to be bullshit like OP.

>>55034776
Just a bored bagholder fudding

>>55027842
I like it because is the the official slopcoin
And just like 99% of shit pooped by g**gle it´s shit

>>55034865
Thanks. Apologies for typos etc I'm phone fagging and too lazy to really review what I'm typing.
I think OP was probably just trying to be funny, rather than actually lying.
Kinda looks like the guy in OP's photo has a boner. Probably been talking to May or Zenobia.

>>55027842
so you're telling me he's on cream pie distance

>>55034906

>>55034740
>Realtps.net shows Polygon's tps at 31.
>Do you mean theoretical tps or the current usage?

We all understand that this is theoretical. Actual usage is way less than that, but it's better than any scalable L2 network, and their Zkevem is a plus for its throughput and low fee on Ethereum.

>>55035000
Check'd

>>55035000

>>55027842
>the tps
you mean the fake tps. kek

>>55035155
Cope

>>55035013
That's cool, I just wanted to differentiate between the tps I was talking about for Hedera, which is current transaction rates which are a reflection of adoption and the proof of concept that's been touted by crypto enthusiasts for years, and the theoretical tps that a chain should be able to do, if they get sufficient usage.
There are a tonne of other reasons why enterprise applications should favor Hedera over others, including the fact it's abft, is managed by established organisations like Google, IBM and Dell, and has the lowest energy usage (which all the ESG fags like) but one of the most important is the fact that transactions are set at constant cost per transaction.
As a management accountant, I can tell you that any project manager going to their boss with a suggestion for running on a block chain or DLT, who tells their boss they can't estimate the costs, and that they could vary by a factor of 10x over a couple of monthly accounting periods, and so would be impossible to budget for, would be laughed out of the office. I see no reason why any serious company would look to a large scale integration of any of these cryptos with wildly varying costs, and that's all of them except Hedera.

Fuck, I just noticed that my phone has been auto-populating Sage in my name.
Well, here comes the ban.
I had sages in all fields on one post a little while ago, but didn't intend to for these posts, but my fag phone must have remembered and decided to do me the favor of auto populating.

>>55035287
>>55035269

No one cares when you post good shit.

>>55035287
>>55035269
>>55035354
I do

>>55034517
if you pay people to use your service, some will bite and pocket the money while making sure they can easily migrate away when the well dries up

>>55035354
Well, that's the end of my posting good shit for today as I've gotta hit the sack (bong), but I hope people reiterate the many points that make Hedera such a good choice, as much as possible (and I'm sure there are even more positive attributes that I've not mentioned).
Hedera really is unique and special in the way it works and the way it is managed and we should be highlighting that to people who haven't heard these things.

But before I go, I'll just respond to >>55035447
Yes, Hedera does give tokens to governing council members etc to use on the network, but this is because it is new technology with a lot of uncertainty and a relatively bad reputation, so you have to give them a chance to give it a try without risk of incurring loss. Then, hopefully they see the benefit and start paying for the service.
It's standard business practice for a new product or service to offer free samples and promotional periods, in order to allow people to discover, test out and, hopefully, decide to become a full time user and customer/subscriber. Most /biz/ users don't actually work in business, so they see this and fail to understand what it means.

>>55035537
When I say 'bad reputation' I'm taking about crypto as a whole, of course, not Hedera.

>>55034517
There is also an Indian company working on using herdera to he able to have enough bandwidth for 8k livestreaming. Kinda like torrenting byt data is flowing via hashgraph.

>>55035269
You have a valid point, but my stance still stands. No doubt, most enterprises would prefer a constant TX if the fee were negligibly low.

>>55027842
Wtf is this real?

>>55034517
Nobody needs a decentralized time stamper. They’re literally taking an event in a database and timestamping it on hashgraph all funded by hbar foundation. Basically $200m for Hedera for a decentralized timestamper and a Vietnamese restaurant makes more revenue in a day. Council is a big sham. Look at that big ole meeting to basically roleplay like they’re doing something

the amount of copium on this board masquerading as confident alpha is astounding

>>55038356
Imagine the smell.

>>55027842
Stop trying to jew in on top jew. We both know the only reason he's there is because he _happened_ to be at the event and walking roughly round that area

>>55038691
Imagine writing all that bullshit just to say “I don’t like Hedera” or “Hedera makes me angry”
LMAO

>>55038691
Okay, cool, so if enterprises don't need that, then what do the other distributed ledgers do that they would prefer, besides record and time stamp immutable data? That's literally what a ledger is.
And I think your statement regarding the council is very trolly, either made to troll or made out of envy, if you really are a supporter of another chain, and not just a bored HBAR holder.

>>55038172
Yes, you're saying Polygon is a good L2 network and very scalable, which I'm sure it is. I wasn't really arguing against your point, just wanting to clarify what we both meant by tps.
And just to touch on what you said here, I think Hedera has the cheapest or around the joint cheapest transactions, as well as all the other stuff.

>>55027842
I stopped with hbar, i mean i never really was into it
but I saw that FTM stole all their legitimately patented code and I said lol what a joke
but I may start accumulating a few after I face some significant life expenses I have to pay up front

>>55027842
Hbar still needs to depend on a good oracle to even be able to provide useful services...

>>55039084
Ledgers not needed for enterprise. Even ask the CTO of azure
https://twitter.com/markrussinovich/status/1492174833945231360?s=20

Keep getting dumped on don’t worry one day everyone will wake up and realize they were wrong about the hashgraph

>>55041804
Nobody tell him

>>55043534
Lol, supply chain tracking on a decentralized ledger, making immutable records of events without having to trust a single company, is a huge usecase. Of course they could run it on their own Servers or aws nodes, but it has to be public (somewhat like an open Source code) to really trust the data. Thats what atma.io does on hedera, freshsupplyco just ditched mastercard provenance (they were their biggest customer) and switched over to hedera. And thats one use case out of hundreds

>>55043760
It’s not that big of a deal desu. If there are 5 various companies involved in the supply chain, they still need various SLAs involved if they all want to record or refer to the hashgraph. In fact, one of the companies in that cycle could share records with those involved, and those involved pay them a fee for it in a native currency. Putting it on a public ledger where the founders get rich is ridiculous. You have to ask yourself why a decade later enterprise isn’t really adopting ledgers. Because it’s more costly to do so, doesnt 10x productivity, and doesn’t affect their bottom line. Plus for any technical onboarding who helps them, the devs at Hedera who get paid by dumping HBAR which could go belly up any minute vs cloud computing giants like aws, gcp, or azure.

The founders will get rich and in 5 years the council will dissolve and people will be like meh guess that experiment didnt work. Hbar holders lose in the long run. It’s just like xrp

>>55043760
Also immutability is not a big deal and not a feature for enterprise. SLAs handle all that. Public yes because 2 people trading shitcoin across the world don’t trust each other.

>>55034517
vet is doing that since years and no one cares

>>55043760
> to really trust the data

This is incorrect and the smoke and mirrors the Hedera founders have sold you to get rich. It’s already trusted and Hedera at best is an additional layer if they really want it. But costly to onboard.

Any event of any application is recorded and would be extremely damaging to a company’s reputation of some l1/l2 went in there and decided to mess with anything. It just doesn’t happen and doesn’t justify companies switching over to public ledgers vs cloud.

It doesn’t matter what I say. How much has Hedera raised and how much money is the network making a day? That’s all you need to know. Everything else is pointless.

If you think somehow you have figured this out and not big vc whos job is to allocate capital to the tunes of billion who don’t touch Hedera with a 10 foot pole, you’re foolish.

How the FUCK did Leemon get into Google HQ

>>55043947
He paid to rent the venue out for a few days. Sold a few million hbar to pay, apparently

>>55034135
>SOL
When moon then?

>>55027842
I own $20 in Hedera lol I’m poor and can’t afford more but that’s ok that’s gonna make me a nice little bit of money :D

>>55043929
So, you don't think block chains and DLTs have any place in business, then? It's only for shit coin casinos and monkey jpegs?

>>55043929
Yet, their council are growing, in an unregulated market and they are making the most transactions of any other dlt.
We are not betting on Hedera, we are betting on the dlt use cases.
The death of the web2 model. Extreme tokenization, data to all, auditable shit.
Maybe we’re wrong. Only bet what you can afford to lose, as always.

>>55027880
https://youtu.be/vQ5hEqWC7uY?t=18

>>55043760
>really trust the data
they self report this data. adding yet another timestamp does literally nothing for the trustworthiness of that data

Trust that leemon smile guys. lmao.