7 Reasons HBAR Could Lead Blockchain Innovation
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A popular member of the Hedera community outlines seven reasons HBAR could dominate the Web3 industry in terms of innovation. According to him, building Layer 1 is incredibly complex, however, Hedera has done the most important things right. Renowned developer Manu Kabrera has lauded the incredible evolution of the Hedera blockchain (HBAR), tipping it to lead the next wave of blockchain innovation. In a post dated September 5, Kabrera explained that his position is based on seven key undeniable factors ranging from enviable community support to building an industry standard foundation. Hedera is set to win.Here are 7 reasons why I believe Hedera and its native token $HBAR are poised to lead the next wave of blockchain innovation.Let’s dive in 🧵 pic.twitter.com/6rROzOOePh— Manu Kabrera (@ManuKabrera) September 5, 2024 Passionate Community According to Kabrera, the Hedera community is one of the most educated, loyal, and passionate in Web3. Admittedly, the developer stated that the various forums could certainly have a pocket of gamblers, flippers, and scammers. However, its community is filled with people who are passionately and genuinely seeking to use technology to address real-world problems. The likes of HashPack Wallet, Kabila App, SaucerSwap Labs, etc were cited as part of the talented projects and companies within the Hedera ecosystem innovating and leading the way in blockchain use cases. Speed of the Hedera Network As captured in his post, Kabrera believes that the speed of this project “is in a league of its own”. Hedera’s transaction achieves finality in around three seconds, positioning it for mass adoption. Nobody waits today. 3 seconds vs 30 seconds can be the difference between a viable Social DApp or a complete failure. Great user experience requires speed. Super Low, Fixed Fees Thirdly, the efficiency of the Hashgraph algorithm, according to the developer, has enabled super…
Filed under: News - @ September 8, 2024 5:43 am