“I'M surprised to hear that Hedera and Swirlds Labs, which

Question

“I'M surprised to hear that Hedera and Swirlds Labs, which

have always placed a heavy emphasis on enterprise, now find enterprises are unable to build on public networks and instead wanting private networks for transaction privacy, KYC, and data residency.

Swirlds Labs' new Special Purpose Networks (SPNs) sound like a major shift from their original focus on the public ledger. SPNs will offer controlled governance and node management, generating "a little bit of TPS, not much" for auditability and tracking.

For me personally, this now raises concerns about network viability. With reduced TPS from enterprises due to SPNs and little focus on retail, how will Hedera sustain itself long term?”

#cryptocurrency #english #hbar

0

08.06.2024

5 ответов

52 просмотра

Michal

Account ID does not give privacy indeed. I mentioned while back to hash account ID even with broken MD5 would work and then for explorers to display hash only but be able to input account ID if you know. That would also stop accidental typo as no way to by mistake type valid hash even for MD5 Not sure if you recall there was presentation maybe 2-3 years ago from Dr Baird or Hedera with infographics, showing a lots of small networks interconnected or not and Hedera was only small circle there. They had that in mind for long. They could settle their transactions private closed networks on public Hedera. That is not a concern. Big Pharma is crafting their own ledger (website Pharmaledger) so clearly lots of them have no interest in using public networks, probably due to privacy, that KYC (I mentioned since early day it is important) and probably due to lack of recovery at ledger that Hedera ignored of course.

0

5 месяцев назад

HBAR_10_DOLLARS

Jeeptopdown
Again…companies who employ a private Hashgraph wer...

Does it settle to the public Hedera network, do you think?

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5 месяцев назад

Ralf

HBAR_10_DOLLARS
Does it settle to the public Hedera network, do yo...

No

0

5 месяцев назад