Anyone know who controls account 0.0.604254?

Question

Hedera Community Chat ($HBAR)

Joe

Anyone know who controls account 0.0.604254?

#cryptocurrency #english #hbar

0

27.07.2022

10 ответов

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Joe Автор вопроса

dilly.hh
It was recently funded by the Hedera Treasury thou...

Nice

0

27.07.2022

dilly.hh

Joe
Nice

I’ll admit that I’m a bit surprised that account 0.0.800 was funded so quickly by the Treasury. However, it’s done now so we can take that as a positive as it removes one of the variables as to when rewards will start to be paid. Now the ball is firmly in the hands of the GC to decide when a minimum viable number of integrations have taken place and then to set the staking rewards rate. I hope they still wait a couple of weeks to give the multi currency wallets and exchanges a chance to do their integrations. However, by funding the rewards account so quickly, it makes me think that there is a plan and timeline already in place and they are not going to give the exchanges much time to get their act together.

0

27.07.2022

Michal

dilly.hh
I’ll admit that I’m a bit surprised that account 0...

Stader is quiet about August, if they do native by then this may flow via them as well and no need for foundation to support two places. Make sense to bring % reward from sky high on third party (as you mentioned too unsustainable) to reality

0

27.07.2022

dilly.hh

Michal
Stader is quiet about August, if they do native by...

Exactly right. However, if they announce an August 1st date for staking rewards to commence, it could trigger a massive transfer of HBAR from the exchanges and multi currency wallets into Hashpack and Wallawallet. I’d rather they give everyone a bit more time to do the integrations, but as you say, it may mean the Foundation would see the need to continue subsidizing the Stader returns if native staking rewards don’t go live on August 1st.

0

27.07.2022

Michal

dilly.hh
Exactly right. However, if they announce an August...

I thought before it will be option to send a simple transaction (with some structured memo code) in memo field and possible from any wallet, but it seems whatever the SDK do is updating the account status. Greg Scullard would know details how that works

0

27.07.2022

Joe Автор вопроса

dilly.hh
I’ll admit that I’m a bit surprised that account 0...

Yeah I’m not really holding my breath for multi currency wallets or exchanges to integrate native hedera staking in a timely manner. Ledger maybe, but dedicated hedera wallets like hashpack and walla have always been significantly better imo in terms of supporting hedera. I think if we are waiting on atomic and brd and bittrex to integrate staking, we might as well forget it, it’ll be 6 months.

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27.07.2022

Jeeptopdown

dilly.hh
I’ll admit that I’m a bit surprised that account 0...

I think it all goes back to what you and I have discussed…every decision they have made for the last 6-8 months points to them knowing big txs are coming. Case in point - atma is ready to go - the Guardian gets an upgrade yesterday or the day before and now the staking account gets funded. I think atma was waiting for this upgrade and all hell is about to break loose on the network.

0

27.07.2022

Joe Автор вопроса

Jeeptopdown
I think it all goes back to what you and I have di...

Speaking of - 60tps…

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28.07.2022

Marl

Joe
Yeah I’m not really holding my breath for multi cu...

It would be a real shame if they race through the phases and Ledger wallets get left on the sidelines, forcing hard decisions for those who took the time to setup more secure wallet security (ie potentially move h to hot wallet). Comforted by the fact that Phase II plans have node staking totals updated only monthly, so will need at least a few months to ensure it's working as planned, giving Ledger/Hedera time to get up to speed. 🤞

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28.07.2022

dilly.hh · Accepted Answer

dilly.hh

It was recently funded by the Hedera Treasury though a number of other Account ID’s. The funds could have passed through anyone, but the bottom line is that they came out of a Treasury wallet on May 24, 2022.

0

27.07.2022

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Anyone know who controls account 0.0.604254?

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