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The hardest part of starting a company is selling your vision to the world. Hedera was built on the belief that there is a middle ground between the network effects enabled by a fully decentralized public network, and the stability brought about by enterprise governance.
One of the key attributes of the hashgraph algorithm, which we have highlighted over the years, is the concept of fairness, and in particular, fairness of ordering. We believe it should be difficult for a small group of attackers to unfairly influence the order of transactions that is chosen as the consensus, and that no ‘leader’ or other party should be able to control transaction order.
The digital landscape is dominated by centralized application services and centralized data servers. We hope the organizations that operate these services are trustworthy, and that they will be honest and treat their users fairly.
Hedera charges rent for storing crypto accounts, files, and smart contracts in the consensus state maintained by all nodes to both guard against that state growing without bound and to fund payments to those nodes to compensate for their storage costs.
There’s now one more reason to build your next great decentralized application on Hedera – we’re expanding our community testing program with further rewards for developers. Earn up to 100,000 ℏ by launching an app on Hedera.
A deepfake is a growing problem, a fraudulent copy of an authentic video or image, manipulated to create an erroneous interpretation of the events. A distributed ledger can play a role in establishing the provenance of a video and therefore aid in combating deepfakes.
Over the weekend we paused Phase II of the Community Testing Program.The reason was that we saw a small handful of users gaming the rewards system of the Hedera Portal website that has since been resolved; the ledger itself was not affected.
In our new Youtube series Dapp Talk we’re sitting down with our favorite projects to explore the innovation they're driving. In the first episode, we are joined by Alto.io to talk about the future of gaming with smart contracts and distributed ledger technology.
We’re excited to announce that Hedera’s Community Testing Program has returned for its second phase, and is now live. Phase II will allow for up to 100,000 testing participants, with over ℏ200 million reserved for phase II (and beyond) testing program activities.