Hathor
Crypto Overview
Overview
Hathor (HTR) is a scalable and user-friendly blockchain platform launched in 2020, designed to make blockchain technology more accessible and practical for real-world applications. It utilizes a unique DAG (Directed Acyclic Graph) structure combined with proof-of-work consensus, allowing for high transaction throughput and minimal fees.
Purpose and Utility
The primary purpose of Hathor is to serve as a platform for tokenization and decentralized applications, with a focus on real-world business use cases. HTR tokens are used for transaction fees, creating custom tokens, and participating in the network's consensus mechanism.
Business Model Evaluation
The platform's business model focuses on legitimate technological utility through its scalable blockchain architecture and tokenization capabilities. There is no evidence of involvement in prohibited activities such as gambling, interest-bearing products, or adult content.
Real-World Adoption
Hathor has seen adoption primarily in tokenization projects and as a medium of exchange. The network has processed millions of transactions and hosts numerous custom tokens. Notable partnerships include collaborations with agricultural and supply chain companies in Brazil.
Development Activity
The project maintains active development on GitHub, with regular updates to its core protocol and tools. The team consistently releases technical updates and improvements to the network's functionality.
Token Distribution
The initial token distribution allocated 30% to the founding team and company, with vesting periods in place. The remaining tokens were distributed through mining, early investors, and community initiatives. This distribution model shows reasonable alignment with long-term project development.
Crypto Impact
To assign a comfort level investing in Hathor from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Hathor.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.