What are /r/hashgraph's favorite Products & Services?

From 3.5 billion Reddit comments

Did everyone else miss the USDC news back in June? This is legit. It was announced that USDC was coming to hedera and others:

"We anticipate that in the coming months, USDC will become available on Avalanche, Celo, Flow, Hedera, Kava, Nervos, Polkadot, Stacks, Tezos, and Tron."

No, that's not how USDC works. I've seen this a few times so i'll try and explain.

USDC is a stablecoin pegged to the US Dollar and backed by cash reserves. USDC is blockchain agnostic i.e. available on multiple blockchains, currently it's available on

• erc-20 (Ethereum)
• ASA (Algorand)
• SPL (Solana)
• Stellar network
• TRC-20 (Tron)

That means you can use USDC on any of those blockchains e.g. pay using Algorand USDC, send your friend TRC-20 USDC on the Tron network.

​

Their announcement (link here said:

"Centre is pleased to announce that we are enabling our members to issue USDC on additional blockchain platforms"

"We anticipate that in the coming months, USDC will become available on Avalanche, Celo, Flow, Hedera, Kava, Nervos, Polkadot, Stacks, Tezos, and Tron."

USDC is coming Hedera. That means you will be able to hold, spend, send etc. USDC to other users on the Hedera mainnet. They have been testing it on the testnet for about a month. 2 days ago they created USDC on the testnet, so far they haven't minted any supply.

It does not mean that all USDC transactions will be on the Hedera network, only Hedera USDC transactions will be on the Hedera network.

I agree, although I dropped 3500 bucks in ETC a few weeks ago. I freaking hate hate ETC, 10,000 confirmations, it takes days to transfer and cost so much. Truly I have no freaking idea why etc and ETH cost so damn much. I guess it shows the negligence of people. I started using Celo to transfer everything I have off of CB. It’s Faster and cheaper, then I sell my Celo for HBAR. HBAR will take off and it’s going to be a 10k dollar coin.

>Please explain the reason WHY everyone here is so conservative in their price predictions, assuming Hedera accomplishes its roadmap and goal of becoming the dominant enterprise DLT.

Beats me, all the more so, given that:

1) Beyond being the undisputed leader in enterprise-grade software, Hedera has the goal of becoming the Trust Layer of Web 3.0.

2) The cryptoverse will logically replace the failing fiat money and banking system completely, i.e., a roughly $500 trillion market, not counting at last twice that in derivatives.

3) The companies built on the Hedera ecosystem will provide thousands upon thousands of investment opportunities no less lucrative than Hedera itself.

4) By its nature as a truly free market monetary ecosystem, the Hedera platform should, as a whole, generate wealth quite literally beyond measure. After all, because it is inherently deflationary instead of inflationary, its purchasing power should increase to the vanishing point of universal abundance, doing so long before Hedera reaches its founders' announced goal of a 100-year lifespan.

What Hedera will be doing when that Happy Birthday arrives is impossible to say, other than that it will likely be literal universes away from the billions of swirlds Hedera stands to create in this one.

All of which is to say that I wouldn't spend more than a nanosecond or two worrying about limits to the HBAR price.

Of all the crypto projects in the Defi space, Celo seems to be one of the only ones capable of surviving or adapting to upcoming regulations. Congrats on investing in it early. I'm all in on HBAR, but I hope Celo succeeds.

Interestingly, both LIDAR and Hedera are mentioned in economist George Gilder's wonderful Life After Google. No, Gilder doesn't connect the two directly, only making the claim that it's technologies like these that give meaning to his book's subtitle — "The Fall of Big Data and the Rise of the Blockchain Economy" — where Blockchain refers more properly to DLTs as a whole, Hedera's of course being the shining example of a DLT other than blockchain.

As for Google, given its obviously prominent role on the Hedera Governing Council, I've attempted to make clear, both here and elsewhere, that since Google is simply *a*moral, if it finds, along with its amoral counterparts the world over, that it can make more money being honest rather than dishonest, it will do so.

This, after all, is the essence of Hedera's goal of becoming the Trust Layer of Web 3.0, i.e., honesty isn't just the best policy; it's the only policy.

I'm hoping for what I'm calling Shake 'n Break, i.e., the present collapse continues — lower, longer, or both — until their is a massive shakeout of shitcoins, followed by a breakout due to an equally massive use case development (CBDC or other) in which Hedera races up the market cap rankings to number 2 (yes, I know), then consolidates as the Trust Layer of Web 3.0.

Quote:

"Centre is pleased to announce that we are enabling our members to issue USDC on additional blockchain platforms. USDC was initially launched on Ethereum and was fully implemented on the Algorand, Stellar and Solana chains in late 2020. We anticipate that in the coming months, USDC will become available on Avalanche, Celo, Flow, Hedera, Kava, Nervos, Polkadot, Stacks, Tezos, and Tron."

Jun/29/2021

Yes, and as much an opportunity CBDCs stand to be, becoming the Trust Layer of Web 3.0 is absolutely essential to assuring that the "self-sovereign" individual is, by definition, guaranteed ownership control over his/her person and property, including his/her data and the money to safely and securely transact in and through it with commensurate speed and flexibility.

Anything less, and Hedera will have fallen short of it fundamental mission on behalf of a world desperately in need of its fulfillment.

The current community mirror nodes cover a fair bit, but I was thinking something like gource but for account creation and crypto transfers between accounts would make for an epic video of the history of hedera hashgraph.

You'd need to filter out the inactive accounts etc. so it would take a bit of work to get the data in shape.

I do this, but I use Swapspace instead of Changelly. Swapspace looks for the most cost effective swap platform, which changes from time to time. Also, because New York doesn't yet allow Exodus and others to trade (maybe even own?) HBar, I use a VPN called Mullvad to go through an IP outside of New York. It's good practice to use a VPN regardless.

BITRUE allows HBAR STAKING🤑 you can use this referral if you want.. https://play.google.com/store/apps/details?id=com.bitrue.currency.exchange&referrer=utm_source%3Dandroid_personal%26utm_content%3DinvitedCodeEEGWWQT

This is what I do (I live in NY):

- To mask my location, I use Mullvad VPN on my desktop directed to a server elsewhere

- Open Mullvad webpage and check for leaks

- Deposit USD to Coinbase Pro account; exchange for XLM

- Then use Swapspace to exchange XLM from Coinbase Pro to my HBar account in my Exodus wallet

You might want to consider downloading a free vpn, like ProtonVPN or TunnelBear, and try to connect to -- binance might be putting blocks on certain IP address ranges, perhaps from some of the states they listed in their notice.

Exactly, waiting hours to see if a ridiculously expensive transaction goes through is worse than waiting in line at the DMV. ETH is the devil's coin. With that said, I hope the devil's coin pumps a little more, so I can cash out and get more HBAR. Btw, is Celo faster/cheaper than Algo? That's what I use for most transactions.

A strong argument.. is comparing Hedera to all enterprise targeting competition and it's benchmark Visa.

Quorum, Celo, E3 Corda, NZIA, Bitt,/Dcash, Algorand. Something I hope to share with this community soon.

If anybody has companies/crypto additions to this list, please comment below.

I am comparing: Total Supply Current supply DLT/ Blockchain Consensus algorythum/Fault tollerance TPS Gas fee structure Partnerships Kwh per trans.

The same image is on Pixabay and is free for commercial use no attribution required: https://pixabay.com/photos/rocket-ses-9-launch-cape-canaveral-1245696/
Pixabay is a community of creatives, sharing copyright free images and videos. All contents are released under Creative Commons CC0, which makes them safe to use without asking for permission or giving credit to the artist - even for commercial purposes. It's were most web designers go for free images.

Why can't people just use GMT time so that everyone can understand? Anyway, you can watch at https://www.bbc.co.uk/iplayer/live/bbcnews (I think??) if you register. You might need a UK-based VPN, too.

I have not tried atomic. I have used exodus and https://changenow.io/. The difference between them comes down to how much they skim off the top. I get more hbar/Eth from changenow than exodus.

Well, unless:

1. you used an app to completely zero-out the entire drive.
2. you used an app like Eraser (https://eraser.heidi.ie/) to overwrite dozens of times the section on the harddrive where the document(s) were.
3. after deleting the data / repartitioning the drive, you filled it so full of data that it over-wrote the section where your document(s) were

Feasibly, in any of those scenarios, the data CANNOT be recovered.... or am I wrong, and somehow there's now ways of microscopically scraping molecular-nano-level imprinting of the 1s and 0s that somehow exist underneath of that section of data storage that has been over-written several dozen times?

Noting the earlier post titled the Metaverse will be build on Hedera, I would add, quoting Wikipedia, that the Metaverse "is made up of the prefix 'meta' (meaning beyond) and the stem 'verse' (a back-formation from 'universe'); the term is typically used to describe the concept of a future iteration of the internet [Web 3.0], made up of persistent, shared, 3D virtual spaces linked into a perceived virtual universe.”
Thus would Hedera be the Trust Layer of a Web3 that essentially transcends the limitations of the material world via the infinitude of a photonic* world of worlds (swirlds).

* Having no mass, photons are physical but immaterial.

If so, then a rise in the HBAR price of 100x and more is to be expected, as vastly more wealth will be created by this deflationary monetary system than the paltry $300 trillion or so that today's utterly fraudulent inflationary monetary system has been able to create (since most of the wealth is stolen by the few from the producing many).

Amazon has a couple decent books specifically on HBAR that are short reads.

Mastering Hashgraph: Why is better than Blockchain https://www.amazon.com/dp/B07K8QZ4C7/ref=cm_sw_r_apan_glt_P3ERHM5GQ36SWZRAP0B6

^That's a digital copy and a freebie if you have prime I do believe.

Voyager/Uphold wallet/ Exodus wallet if you have any of those.

Voyager won't do transfers for HBAR tho. You'll have to sell and buy a transferrable coin and then convert back to HBAR.

I completely agree, adding that until there is (1) a shakeout (capitulation) in the blockchain space that does not impact the HBAR price and (2) demonstrate of upward momentum as a direct result of HBAR's enterprise utility, Hedera will not have separated itself from the crowd and thereby made manifest its mission of becoming the Trust Layer of Web 3.0.

I'm not sure whether you're be facetious or serious with your last sentence, but the way I see it, as I said above, is that the wealth to be created by the DLT revolution is so vast — while the present system is so centralized that it is reduced to near single-point and therefore catastrophic fragility — that corporations are going to flock to utility- (value-) driven DLTs, leveraging their newfound safety and security with similarly "enterprise-grade" fairness, finality, speed, and flexibility.

In doing so, they will reinvent themselves — much as Google is obviously doing — amid The Fall of Big Data and the Rise of the Blockchain [DLT] Economy, rightly proud that they are serving as the engines of a deflationary economy in which purchasing power steadily increases, along with the enterprises built on top of Web 3.0's Trust Layer.

BITRUE allows HBAR STAKING🤑 you can use this referral if you want.. https://play.google.com/store/apps/details?id=com.bitrue.currency.exchange&referrer=utm_source%3Dandroid_personal%26utm_content%3DinvitedCodeEEGWWQT

I do something similar, but with 2 differences:

1) I use a vpn (Mullvad) to mask that I live in NY

2) I exchange XLM from Coinbase to HBar in my Exodus wallet using Swapspace. Swapspace looks for the best rate among a dozen or so services, including Changelly. Changelly does not always have the best rate.

I haven't gotten to the point of figuring out the cold wallet solution yet. I've only been at this for 2 months. I don't use my phone. I use a desktop running Linux Mint. The vpn is Mullvad, approx. $5.50 per month, no long term commitment. It just works; couldn't have been easier to set up.

Doesn't hurt to use a vpn anyway, assuming you're not, and it might help even though it doesn't appear as though it should matter for you based on where you live. Although, as mentioned, there are free vpn options, I use Mullvad VPN from Sweden, for approximately $5.50 US / month for up to 5 devices with no commitment. I've been happy with them so far.

I haven't tried it yet. I've only used Coinbase, which doesn't trade HBars, which is why I've been doing the exchange in Exodus. I haven't tried other exchanges because hardly any are allowed in NY. And, regardless of the vpn, I assume you still need to verify identify with documents that reveal your address.

Mullvad got some good reviews; works on my desktop running Linux Mint; is similar in cost to the others, but doesn't lock you into a commitment: you can quite any time.

BTW, I'm not happy with Exodus regarding what I'm doing, which is trying to accumulate HBar. Exchanging to/from HBar has often been unavailable lately and, as noted elsewhere in this thread, it's costly. I can't move out of NY fast enough!

Thanks. But to further complicate matters, I currently reside in New York. Binance won't let New Yorkers buy HBar. So, until I move, I am relegated to, with the help of Mullvad VPN, buying whatever in Coinbase, depositing it to Exodus, and trying to exchange it for HBars there. At least, that's what I understand. Unless someone has a better idea.