Hathor update: HTR Live price, price chart, news and markets

Hathor Network is a blockchain platform that utilizes both Proof of Work (PoW) and directed acyclic graph (DAG) technologies, set apart by its unique approach to scalability and collaboration with Bitcoin.

The Hathor Network achieves high scalability by processing hundreds of transactions per second and sharing a significant portion of its hash rate with Bitcoin.

Cryptocurrency miners are rewarded with HTR, the native token of Hathor Network, which is also merge-mined with the Bitcoin blockchain.

Hathor Network acts as a scalable tokenization platform that offers various blockchain solutions. It stands out from competitors with features like zero fees, fast transactions, built-in atomic swaps, one-click token creation, and user-friendly smart contracts called "nano contracts" that connect to oracles.

The tokenization service is the initial offering on the Hathor Network's mainnet.

Unlike other platforms, Hathor allows the creation of tokens without the need for smart contracts or coding. Users can create tokens directly on the protocol's layer 1, utilizing their smartphones and defining parameters such as token name, symbol, initial supply, and the option for future token minting or burning.

Innovative Features of Hathor Network

Unparalleled scalability: The combination of blockchain and DAG technology empowers the platform to process over 200 transactions per second.

Accessible to all: Hathor Network enables individuals to create their own digital tokens with personalized specifications, regardless of technical expertise.

Streamlined smart contracts: Nano contracts provide a simplified approach to transferring tokens among multiple parties on the Hathor network, utilizing predefined rules for token distribution.

Expanding Product Portfolio of Hathor Network

Hathor serves as a digital platform for financial transactions and contracts, offering the perfect blend of scalability and decentralization, ultimately reducing costs and bureaucratic hurdles.

Furthermore, Hathor Network develops intuitive wallet products for various platforms, including MacOs, App Store, Windows, and CH Play. These wallets provide a user-friendly gateway to the Hathor Network, offering features such as token transfers, token creation, and transaction exploration.

The first testnet for Hathor was launched in May 2019, followed by the mainnet launch on January 3, 2020.