An article explaining in detail what kind of currency GHP coin is?

php editor Banana today introduces to you a currency called GHP. What currency is GHP? It may not be familiar to many people, but it is gradually coming into people's field of vision. GHP, short for Global Hash Power, is a cryptocurrency based on blockchain technology. It has unique features and functions, a high degree of security and anonymity, as well as high transaction speed and convenience. Below we will introduce you to the relevant information of GHP currency in detail, so that everyone can have a deeper understanding of this currency.

What currency is HTR?

HathorNetwork is a distributed ledger architecture based on proof of work that combines the data structures of DAG and blockchain. It features easy tokenization, Nano contracts, and predictable transaction costs. HathorNetwork was built with scalability, availability, and decentralization in mind, with a unique economic design to solve significant bottlenecks in the industry. Through the use of HTRtoken, HathorNetwork provides users with a more efficient trading experience.

Hathor’s technology is a natural evolution of the Bitcoin blockchain, with a few aspects tweaked. Instead of arranging transactions in a Merkle tree inside a block, Hathor arranges transactions in a DAG, which is outside the block, and is confirmed by the block. This novel design makes Hathor highly scalable and decentralized. Additionally, Hathor removes the complexity of creating new tokens, making the entire process simple and fast. Unlike other tools like GAS, SOLID and ERC 20, tokens in the Hathor network have the same scalability and security parameters as native HTR tokens. Hathor's architecture is based on founder Marcelo Brogliato's doctoral thesis and is a completely novel construction. Through these innovations, Hathor brings unique advantages and potential in the blockchain field.

How about HTR coins?

Hathor (HTR Coin) is an easy-to-use and highly scalable blockchain consensus platform. It adopts an innovative architecture that combines DAG and blockchain data structures to implement a new distributed ledger system. What is unique about Hathor is that it successfully breaks the impossible triangle restrictions of blockchain technology and achieves a dynamic balance between scalability, decentralization and security.

Hathor Labs raised funds through the sale of shares and pre-mined tokens. Since the main network has not launched yet, they chose to sell the tokens through the Simple Agreement for Future Tokens (SAFT).

Hathor's architecture is somewhere between Bitcoin and DAG. It solves a major difficulty in traditional cryptocurrencies, that is, between distributed ledger networks by including mining blocks in DAG transactions. scalability and decentralized maintenance issues. When the number of jobs across the network is small, the blockchain ensures security, and when the number increases significantly, DAG prevails.

Hathor adopts innovative ledger structure and consensus algorithm to ensure the security of PoW and break through the performance bottleneck of the consensus mechanism. This enables Hathor to increase the throughput rate of the public chain and shorten transaction confirmation delays while maintaining security, reliability and sufficient decentralization. Hathor has high TPS support and can achieve extremely low transaction latency.

Hathor does not charge fees for creating new Tokens, nor does it need to consume ETH as Gas fees, but requires each Token creator to store some HTR. These HTRs can be retrieved if the tokens they created are destroyed.

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