Hoosat Network HTN
1. Summary
- Description
-
Hoosat Network is a blockchain project developed as a fork of the Kaspa Go reference node with modifications to make it resistant to FPGA and ASIC (Application-Specific Integrated Circuit) dominance. The primary goal of the Hoosat Network is to maintain decentralization and keep barriers to entry low. The project employs a distinct approach to toke...
Hoosat Network is a blockchain project developed as a fork of the Kaspa Go reference node with modifications to make it resistant to FPGA and ASIC (Application-Specific Integrated Circuit) dominance. The primary goal of the Hoosat Network is to maintain decentralization and keep barriers to entry low. The project employs a distinct approach to tokenomics, utilizing curved deflation once a year instead of traditional halving methods to slow the drop in rewards.
Key Features
Accelerated Transactions
Hoosat Network's GhostDAG (Greedy Heaviest Observed Sub-Tree Directed Acyclic Graph) protocol allows for asynchronous processing, enabling much faster transactions.
Optimized for Scale
The network achieves scalability without compromising security or decentralization by utilizing advanced technologies like GhostDAG, Blake3, and Pyrinhash.
Highly Accessible
The implementation of ASIC resistance ensures that a wider range of devices, such as GPUs (Graphics Processing Units), can participate in the network, leveling the playing field and reducing mining power concentration.
Censorship Resistance
Proof-of-work ensures the network can't be stopped, maintaining its decentralization.
Tokenomics
Designed for sustained growth, Hoosat Network's tokenomics aim to provide longevity to the network.
Tech Advancements
Key technologies include the GhostDAG protocol, Blake3 algorithm, and HeavyHash (Pyrinhash) for increased throughput, security, and energy efficiency.
| Price | |
| 52W High price | $0.008508960700 |
| 52W High date | 21st Mar 2024 (8 months ago) |
| All Time High (ATH) Date | 21st Mar 2024 (8 months ago) |
| ATH Price | $0.009695450000 |
| % From ATH | -99.47% |
| All Time Low (ATL) Date | 29th Jul 2024 (3 months ago) |
| ATL Price | $0.000003000000 |
| % From ATL | 1628.02% |
| Supply & Trading Volume | |
| Trading Volume (24h) | $18,652.00 |
| Total Supply | 207.81M |
| Max Supply | 17.10B |
HTN
How does Hoosat Network's (HTN) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
-61.3%
HTN
26.2%
Similar Market Cap
60 Day Return
-92.4%
HTN
-
Similar Market Cap
No GitHub repos found. Either the project is not open source or we don't have data yet.
Tip: Toggle each network by clicking the name above
Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | |
|---|---|
| Active Reddit Users (past 24h) | |
| Discord users | |
| Active Discord Users | |
| Telegram Users | 1,459 |
| Twitter followers | 2,211 |
No recent news found.
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://network.hoosat.fi |
|---|---|
| Explorer | https://explorer.hoosat.fi |
| @HoosatNetwork | |
| /r/HoosatNetwork |
Has Hoosat Network been audited for security?
No security audits found for this project.
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