Dany Eid Profile picture
Oct 8 8 tweets 8 min read
1/8 "#Ethereum only operated at 1.1 MGps...@Hedera wanted to do something more on the order of 15MGps...It's like 400 tps just on the #smartcontracts...For comparison, if you wanted to use #HTS natively, they can do 10,000 tps" $HBAR
@shemnon @hyperledger
2/ "#Hedera has a very rich and complex fee schedule and they make sure to charge you exactly for what you're using...We're introducing the notion of state rent...Something that's probably gonna ship in early 2023...It's gonna have a positive effect on the EVM integrations" 16:25
3/ "Hedera Token Services...It's a ledger native #token that has no interaction with the #EVM, it exists as a #Hedera concept, you can do 10,000 tps on these if you're using the #HAPI, and there's low fees, it's like $0.0001 to transfer tokens from one person to the next" 18:35
4/ "A lot of these white-label dApps we're trying to bring in, they have to work in the #Ethereum way...So building the JSON RPC support allows us to be one of the players in there and give them access to #Hedera via the tools that they have" 28:40
hedera.com/blog/anything-…
5/ "There's no #mempool...You post a transaction on #Hedera, it's fixed in that position, nobody can censor it...There's no sandwich trading, there's no #MEV, there's no games with ordering things out of the pool, or trying to keep your @TornadoCash transactions out of it" 33:55
6/ "The secret to how we get our performance speed is that ordering and execution of these txns are separate steps...Every transaction that comes to consensus gets executed after the order is set, so there's no consideration for the side effects, and things go fast enough.."34:22
7/ "Every time we can come to consensus and figure out that a tnx has reached final order, we will execute it continually on each of the nodes. We don't have to wait for an agreement to pick out who's the next leader and wait for them to propose or not...This is aBFT" 34:55
8/ ICYMI, at Hyperledger Global Forum '22 Dublin, @shyamnagarajan, member of Board of Dir. at #Hedera #Hashgraph and @shemnon, Principal Software Eng. at @swirldslabs discuss #Interoperability between permissioned and public chains to drive Web3 adoption!

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More from @DanyEid_

Oct 7
1/4 "One way that #Hedera has that does this public/private type mix-up...We have a pluggable HCS consensus layer for @hyperledger. We can take the services of the Orderer and we can map that onto a Hedera consensus topic" 8:20
@shemnon on Hybrid networks
2/ "Organizations are starting to track their internal sustainability...
We're doing some work with the #Hedera network right now with some companies on establishing this for recyclability and as well as responsible sourcing initiatives" 17:30
@shyamnagarajan member BOD @Hedera
3/ "For gas fees on #Hedera, our fees are fixed to fiat. We have exchange rate on-chain that will move the cost in $HBAR to what the fixed fee is, so if it's gonna cost you $0.001 to do a transfer, it's always gonna cost you that converted amount within a day's fluctuation" 28:05
Read 4 tweets
Sep 17
1/9 "We're starting on #Hedera. @deutschetelekom, @tata_comm & @IBM are all GC members...It's really suitable for global high volume throughput need for fast certainty and finality, and lower transaction fees" 41:25 $HBAR
@BartrWorld on @SheeshaFinance_
2/ "Launching the #token on #Hedera is number one and native wallet support thereafter. We alluded to bringing usecase functionality, shipping that as soon as possible in within the bands of engineering roadmap and we're working in an agile sprint structure"
$LYR.A $LYR.X $HBAR
3/ "So the first thing we'll be looking to do the GDEX version, 1st version of GDEX, which will include LP staking, which allows, you know, basic staking and rewards to bring liquidity into the wholesale space" 42:15
Read 9 tweets
Sep 16
1/8 "People have talked about using multisigs on your account "Social Recovery"...There's huge problems. What you really need is Decentralized Recovery. We're doing this open source, open standards " 6:28
@leemonbaird #Hedera's 3 Year OA Anniversary $hbar
Image
2/ "The mission is basically to work with our council members and their partners, bringing in usecases that, you know, they're looking to build out via our Enterprise Accelerator Program...Our mission is basically to get them to market" 7:50
@gastwa Chair of Corporate Com #Hedera
3/ "Our new board member @moniquejmorrow...She is coming to be our invited expert in a Telecom specific CorpCom...She'll be talking about the industry landscape with her deep expertise...We actually have 2 usecases that we're gonna be talking about" 15:45
Image
Read 8 tweets
Dec 30, 2021
1/15 Avalanche Consensus uses a DAG data structure, runs on the X-chain, a no Smart Contract network with a simple "Account to Account" Token Transfer VM. This Consensus Mechanism is unable to do a total ordering of transactions. So is it really Distributed Consensus? 🤔
2/15 Avalanche figures out that its Consensus is unable to totally order transactions, a requirement for Smart Contracts. They spin out a SC C-chain, throw the DAG away, and create Snowman Consensus on a linear #blockchain.
Easy right? One block over another. Order solved 😊
3/15 Oh but wait! What if 600 nodes are gossiping at the same time. Which block should we append at height X?
That's easy too! Throw the Leaderless part in Avalanche, upgrade to Snowman ++ so you wouldn't need to do extra work to achieve consensus as Prof. Sirer confirms below.
Read 15 tweets
Dec 29, 2021
1/5 @LewellenMichael is Hedera MVP 2021, participated in #Hedera's Hackathon 2018 and ended up 3rd in Hackathon 2020 (3IEIO Team).
Board Advisor at @txblockchain1, he's been releasing amazing #blockchain educational content. Watch his latest episodes here:
youtube.com/playlist?list=…
2/5 "One of them, a member of the @txblockchain1 would be #Hedera #Hashgraph, they are not a #blockchain in the traditional sense. They don't actually use the blockchain structure we talked about, they use a different structure, the #hashgraph..." 1:33:50
3/5 "They actually have what's called #HCS, you can almost think of it like a distributed Kafka Cluster...You can essentially use this for your private blockchain, whether it's HF, Quorum or Corda...Another interesting approach for a hybrid solution" 53:13
Read 5 tweets
Jun 25, 2021
1/7 Nephrite Jade is very rare and its collection value price is more than US$15,000 per Kg. JDX cooperated with Dr. Li Dezhong, founder of JPin, to collect several pieces of Emperor Wu's Hetian Jade of the 2000 year old Han dynasty. #Hedera is a partner collaborator
2/7 @peterkuoGOP founder of JPin is an investor with a focus on blockchain & an extensive experience in tech start-ups. He is also Vice Chairman of CA Republican Party, GM of Silicon Valley VC Roundtable, President of HRSV Rotary Club, GM of NAIFA
3/7 Curation and IP Licensing:
JPin will hold a global exhibition with high quality antique jade to drive up the value of the collection, which will be funded through authorizations of IP addresses and the sale of peripheral products based on the exhibits.
Read 7 tweets

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