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Hedera
Hedera is the most used, sustainable, enterprise-grade public network for the decentralized economy that allows individuals and businesses to create powerful decentralized applications (DApps).
What Is Hedera (HBAR)?
It is designed to be a fairer, more efficient system that eliminates some of the limitations that older blockchain-based platforms face — such as slow performance and instability.
It was funded through an initial coin offering (ICO) in August 2018 and first launched open access to its mainnet just over a year later in September 2019. As part of the ICO, investors were able to purchase the platform’s native utility token (HBAR) at the lowest possible pricing.
The HBAR token has a dual role within the Hedera public network.
First and foremost, HBAR the fuel that powers Hedera services, such as smart contracts, file storage and regular transactions. Second, it's used to help secure the network, since HBAR users can stake their tokens to assist with maintaining the integrity of the platform.
Who Are the Founders of Hedera Hashgraph?
Hedera Hashgraph has two founders: Dr. Leemon Baird and Mance Harmon.
Dr. Leemon Baird is credited as the investor of the hashgraph distributed consensus algorithm and currently works as Hedera's chief scientist.
Prior to founding Hedera Hashgraph, Baird accumulated more than a decade of experience in various computer science and security roles and previously worked as a senior research scientist at the Academy Center by Cyberspace Research. He also holds the position of co-founder and CTO at Swirlds Inc., a platform for building DApps.
On the other hand, Mance Harmon is Hedera’s CEO and an experienced technology executive and seasoned entrepreneur. Harmon has around two decades of experience holding executive roles at prominent firms — many of which are in the IT security industry. Like Dr. Leemon Baird, Mance Harmon also holds a second position at Swirlds Inc., as its co-founder and CEO.
In addition to the founders, the Hedera leadership team also comprises more than a dozen individuals, many of which have had distinguished careers.
What Makes Hedera Hashgraph Unique?
Unlike most other cryptocurrency platforms, Hedera Hashgraph isn’t built on top of a conventional blockchain. Instead, it introduces a completely novel type of distributed ledger technology known as a Hashgraph.
This technology allows it to improve upon many blockchain-based alternatives in several key areas, including speed, cost, and scalability. Hedera transactions have an average transaction fee of just $0.0001 USD and typically reach finality in under five seconds. Overall, Hedera Hashgraph claims it can handle more than 10,000 transactions per second (TPS) — compared to the around 5-20 for most popular proof-of-work (PoW)-based blockchains.
The platform offers several major network services. These include:
A token service that allows users to easily configure and mint both fungible and non-fungible tokens (NFTs) on Hedera with just a few lines of code.
A consensus service that acts as a layer of trust for any application or network that needs a secure, verifiable log of events.
Smart contract tools that let developers build powerful and efficient decentralized applications.
Decentralized file storage services with features include proof-of-deletion, controlled mutability, and time-based file expiry.
How Many Hedera Hashgraph (HBAR) Coins Are There in Circulation?
The Hedera Hashgraph token, HBAR, has a maximum total supply of 50 billion units. Out of this, almost seven billion were in circulation as of January 2021 — equivalent to around 14% of the total supply.
Hedera publishes regular reports detailing when the next wave of HBAR tokens will be unlocked. These reports can be viewed here.
According to Hedera's resources, the two project founders each have a coin grant of two billion HBARs, equivalent to 4% of the total supply each. These tokens are vested over a six-year period.
Other senior executives at Hedera (that joined prior to 2018) have coin grants of between 250 million and 300 million coins. These tokens are vested over a period that ends in December 2021.
According to Hedera's Economics Whitepaper (published June 2020), around 17.03 billion HBAR is estimated to be in circulation by 2025 — equivalent to 34% of the total supply.
How Is the Hedera Hashgraph Network Secured?
Hedera Hashgraph uses a novel consensus system known as Hashgraph consensus to keep its network secure.
This uses a rotating governing council consisting of up to 39 highly diversified organizations that span across up to 11 different industries. These are involved with directing the Hedera codebase, voting on platform decisions and operating the initial nodes on the Hedera public network.
Hedera uses a novel form of proof-of-stake (PoS) which allows HBAR users to stake their resources to help protect the network. Right now, all Hedera nodes are managed by either Hedera itself or the governing council members, but there are plans to switch to a permissionless system in the future.
\ Overall, Hedera's security setup ensures it achieves "asynchronous” Byzantine fault tolerance (ABFT) — meaning it can guarantee both the timing and order of a set of transactions, even if some data is delayed or lost.
Where Can You Buy Hedera Hashgraph (HBAR)?
HBAR is a popular digital asset that is available to trade on several prominent exchange platforms, including Binance, Bittrex and Huobi Global.
Some of the more popular HBAR trading pairs include HBAR/USDT, HBAR/BTC and HBAR/ETH, and there are also several fiat trading options for the cryptocurrency, including HBAR/USD, HBAR/KRW and HBAR/INR.
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Arcona
Arcona
Arcona (ARCONA) is a computer vision company building a global Augmented Reality (AR) layer called Digital Land, that enables creators and entrepreneurs to launch interactive 3D experiences in real-life landscapes around the world.
What Is Arcona (ARCONA)?
The project aims to lower the threshold for entering the AR space and provides an affordable, efficient and easy way to place 3D multimedia content onto physical locations. Arcona frequently works with companies engaged in gaming, historical reconstructions, education and tourism.
The platform’s naitive utility token ARCONA serves to maintain the economy inside of the ecosystem and can be used to purchase Digital Land plots, software development services, advertising and creative 3D content on Arcona's marketplace.
The first ARCONA token sale was held in August 2020. According to the project’s official whitepaper, the company was founded in 2018 in Saint-Petersburg, Russia.
Who Are the Founders of Arcona?
Ilya Korguzalov is the project leader and co-founder of Arcona (ARCONA). An experienced entrepreneur with extensive background in AR, he previously co-founded Piligrim XXI — the first ever Russian IT company to enter the international AR market for the travel industry.
Diana Sorina is a co-founder of Arcona and Piligrim XXI. Holding a degree in economics, she possesses more than a decade of experience in marketing, sales and PR.
Aleksandr Emilianov is the third co-founder, as well as the research and development lead of Arcona. He holds a Ph.D. in Computer Science and Engineering from University of West Bohemia, Plzen, Czech Republic and has a background in software development and computer vision technology.
What Makes Arcona Unique?
Arcona (ARCONA) creates a global augmented reality layer that unites the real and virtual world into a single information space. Digital Land plots are represented on the platform as ERC-721 non-fungible tokens (NFTs) with their smart contract containing information regarding current and previous owners, geographic coordinates and identification number.
As a global information layer and a complex technology solution built with artificial intelligence, neural networks and geographic information system (GIS), Arcona claims to be able to provide developers with an opportunity to launch location-based AR projects remotely, without the need to scan the chosen environment on-site.
The platform has developed an original AR library called Arcona Core that supports both indoor and outdoor usage scenarios, even in low-light conditions. Moreover, Arcona Core boasts a multi-user AR experience. As a cross-platform solution, Arcona Core is compatible with both Android and IOS devices.
As stated on the official website, Arcona is able to provide highly accurate distance measurements and object placement through use of SLAM (Simultaneous localization and mapping) technology combined with fast and robust line detection. SLAM is an autonomous navigation algorithm used for mapping the physical area while simultaneously keeping track of the device’s location.
Arcona ecosystem aims to simplify the process of AR content creation and features a technology solution that does not require software development skills to design and launch an AR experience.
How Many Arcona Coins Are There in Circulation?
The maximum supply of ARCONA (Arcona) is 15 million tokens. According to the official whitepaper, the allocation of ARCONA is as follows:
20% is held by the team
7% is given to advisors
2% is allocated for bounty
11% is in the reserve fund
60% of the token supply is for sale
The tokens allocated to the reserve fund are split as follows:
22% is set aside for software development
30% is assigned for marketing needs
10% is put away for general and administrative expenses
10% is allocated for sales
12% is kept to fund events and exhibitions
10% is set aside to finance partnership projects
6% went to other expenses
How Is the Arcona Network Secured?
ARCONA (Arcona) is an ERC-20 standard token deployed on the Ethereum network. In June 2021 the company launched ARCONA also on Binance Smart Chain (BSC) and Minter blockchain.
Arcona
Arcona (ARCONA) is a computer vision company building a global Augmented Reality (AR) layer called Digital Land, that enables creators and entrepreneurs to launch interactive 3D experiences in real-life landscapes around the world.