Hathor is a cryptocurrency and blockchain platform that aims to provide a scalable and user-friendly ecosystem for decentralized applications (DApps) and token issuance. It is designed to address the challenges facing existing blockchains, such as scalability and usability.
Hathor utilizes a novel consensus mechanism called "Hathor's PoS+DAG" which combines elements of both Proof-of-Work (PoW) and Directed Acyclic Graph (DAG) technologies. This hybrid approach allows for high throughput and quick confirmation times, making it suitable for various applications in sectors like finance, logistics, and IoT.
The platform also offers an intuitive development toolkit that simplifies the process of building and deploying DApps. Hathor provides support for smart contracts, making it flexible for developers to create innovative solutions. Additionally, it features a native token, HTR, which can be used for transaction fees and as a medium of exchange within the ecosystem.
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