and I'm not trying to spread FUD, but the truth is Hedera is currently doing 1k TPS which sounds impressive until you realize that those transactions were/are being done with donated HBAR from the foundation for ATMA. . So technically, there's very little (if any) enterprise PAYING for TPS on the network presently. 🤔
Additionally the network NEEDS 10k TPS just to breakeven. That is, they need 10 more huge use cases the size of ATMA just to be self-sustaining.
So the question remains, will enterprise ACTUALLY pay (buy HBAR) to utilize the Hedera network? I think so, but It still remains to be seen...
Well we should be seeing 10k+ TPS this year as this is Hederas year of enterprise. However it's already August and TPS is still stuck at 1k with 1 usecase using free HBARs.
I would love to see a link to anyone from Hedera who predicted 10k+ TPS this year. Please post.
https://twitter.com/hedera/status/1609459484681801731
Yes, year of enterprise. Where are they saying 10k tps are inbound this year? I believe Mance just said we might not get there even next year.
So they're admitting the network won't even be pushing through enough transactions to breakeven in 2 years? This is why staking rewards were cut. The network isn't generating any income. The current 1,000 TPS is mostly made up of HBAR that was donated by the foundation for ATMA. So in essence, buying HBAR at $0.06 is really betting enough enterprise use cases come online. And in the next 2 years how many more billions of HBAR will be released? That doesn't sound like a bullish setup for the next 2 years if they can't even get past 10,000 TPS.
Don’t forget 1000 tps is already huge, and in December, circulating supply was only 22 billion which now is 32 billion. So yes, that was a huge dilution, but we got closer to the max of 50 billion also so only 17.5 billion left to dilute. We will have to see. Market will decide the value of the token. We can only undergo. But my gut feeling tells me we are in for a big ride. Too much going on right here.
If that's the case they should have never have called this the year of enterprise.
Still 4 months of the year left. Heres to hoping we get at least 1 actual live enterprise usecase this year.
So leading the entire industry in enterprise adoption by a large margin does not warrant calling it the year of enterprise?
Not if its not self sustaining, no.
If I give you $50 it is no longer my $50. Then you decide to give that $50 to Jig it’s no longer your $50. If I then do work for Jig and charge him $50 and he pays me $50 is that $50 not revenue to me?
If you are dissatisfied (you seem to be in a perennial state of dissatisfaction), there are 22,000 plus other tokens you can invest in. If you are this miserable and negative about Hedera, fcuk knows what you are saying about other projects 😂. Not seen one positive post from you yet.
That would have been called the year of self sustainability.
I guess they're saving that one for 2030+. They really should have called 2023 the year of Atma. Im interested in what narrative they will try to spin next year with.
It's been the biggest year for Hedera so far and we still have 4 months to go. I don't understand why you are complaining? Enterprise doesn't just mean more tps. Hedera has made so many important partnerships so far this year bit doesn't mean more tps straight away, it means building with and on Hedera for coming years. We will see most of their usecases and tps from 2024 onwards. This is new technology and things take time
I will save you some headache and time. Just move to another coins so you don't have to wait and see what Hedera got to say next year. I'm being serious
He's a small moonchild. Probably upset about his tiny bag of Cardano not pumping.
Is this a joke comment?
Sell bro ,u can rest easy then
Brad, we have to keep things in proportion. Most projects in cripto subsidize projects, so you can't use this alone as criteria.
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