Hathor

Project Overview

Hathor is a scalable and user-friendly blockchain platform launched in January 2020. It implements a novel DAG (Directed Acyclic Graph) architecture combined with proof-of-work mining, aiming to provide high throughput and easy token creation for real-world applications.

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 adoption. HTR serves as the native token for transaction fees, network security through mining, and governance.

Business Model and Platform Features

The platform offers: 1) Custom token creation without smart contracts, 2) Native atomic swaps, 3) High transaction throughput, 4) Simplified mining merged with Bitcoin. These features are designed for legitimate business use cases and do not inherently involve any prohibited activities.

Development and Adoption

The project maintains active development with regular GitHub updates. The team continues to enhance the protocol and develop new features. Real-world adoption includes several businesses using Hathor for tokenization projects, particularly in Brazil where the project originated.

Token Distribution

Total supply is 1.5 billion HTR with a fair distribution model: 30% to mining rewards, 30% to the Hathor Labs team (with vesting), 25% for development and marketing, and 15% distributed through token sales. The vesting schedule for team tokens helps prevent pump-and-dump scenarios.