HAVAH
Crypto Overview
Overview
HAVAH is a proof-of-stake blockchain platform developed by HAVAH Foundation which aims to provide a secure and scalable infrastructure for decentralized applications (dApps) and digital asset transactions. The platform utilizes the HVH token for network governance, transaction fees, and staking.
Purpose and Utility
The primary stated purpose of HAVAH is to serve as a blockchain infrastructure platform enabling smart contracts and dApp development, with its native HVH token used for governance and transaction fee payment. The platform focuses on providing high throughput and low latency for enterprise-grade applications.
Current Usage and Development
While the platform is operational, current usage appears to be limited. The development team maintains regular updates to the core protocol, though the ecosystem of applications built on HAVAH remains in early stages. The project maintains transparency in its development through public GitHub repositories and regular technical updates.
Token Distribution
The token distribution includes allocations for development (20%), ecosystem growth (30%), and public sale (50%). Founder and team tokens have standard vesting periods implemented through smart contracts.
Revenue Model
The platform generates revenue through transaction fees paid in HVH tokens, which are used to compensate validators and support network operations. This model aligns with Islamic finance principles as it represents payment for actual services rendered.
Technical Infrastructure
HAVAH employs a Proof-of-Stake consensus mechanism where token holders can participate in network validation. The technical architecture focuses on security and scalability while maintaining decentralization.
Crypto Impact
To assign a comfort level investing in HAVAH 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 HAVAH.
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.
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