Yesterday Hedera Hashgraph the public distributed ledger platform opened its initial community testing program. The company stood up the main net in August. Earlier this year it closed a funding round of
$100 million. Hedera isn’t a blockchain, it’s a hashgraph, and hence it claims higher transaction performance than other blockchain architectures.
Hedera is paying the community using its cryptocurrency hbars for testing the network and developing third-party applications. So far there’s a Hedera Wallet, a content site, and a micropayments extension for the Chrome web browser. Developer resources are available including the latest SDKs.
“Events over the past few years have made it clear that consumers have great concerns about their data privacy, such as when reading articles or viewing videos that require them to reveal personal credit card information, or be flooded with ads and have their online behavior tracked,” said Dr. Leemon Baird, Co-founder and Chief Scientist of Hedera. “Opening our mainnet for testing is the next step in delivering Hedera’s vision of an internet where individuals have much greater control over their own personal data and benefit more directly from its value.”
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Image Copyright: Shape Swirlds, composite Ledger Insights
